Boston Realtor Mike Mahoney
Michael Mahoney
617-615-9435617-615-9435

Posts Tagged ‘exp realty’

Greater Boston Real Estate Update by Realtor Michael Mahoney

April 28th, 2019 by Michael Mahoney

Greater Boston Real Estate Report Update by Realtor Michael Mahoney
March 2019

The Massachusetts Association of Realtors® (MAR) reported today that closed sales for single-family homes increased year-over-year from last March while condominium closed sales saw a decrease. This month saw a six percent increase in median price for single-family homes and a five percent decrease in median price for condominiums compared to last year. March also saw the lowest number of single-family homes for sale in the month of March since MAR began reporting the data in 2004. However, this is the third month in a row of year-over year condominium inventory increases.

A review of Boston Real Estate by Realtor Michael Mahoney of eXp Realty

Click image to open full size report

Michael Mahoney
Realtor
eXp Realty
617-615-9435
mike@mmahoney.com

Boston Real Estate Market January 21 2019

January 21st, 2019 by Michael Mahoney

This week the median list price for Boston, MA is $750,000 with the market action index hovering around 33. This is less than last month’s market action index of 37. Inventory has held steady at or around 89.

Market Action Index

The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Slight Seller’s Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Michael Mahoney
Boston Realtor
eXp Realty
617-615-9435
mike@mmahoney.com

Boston eXp Realtor Michael Mahoney on Boston Real Estate Stats

January 16th, 2019 by Michael Mahoney

Boston eXp Realtor Michael Mahoney on Boston Real Estate Stats

Michael Mahoney
eXp Realty
617-615-9435
mike@mmahoney.com

#Boston #realtor #exprealty

Fed Chair Says FED will be Patient with Raising Interest Rates

January 15th, 2019 by Michael Mahoney

Fed Chair Says FED will be Patient with Raising Interest Rates.

Play the video below.

 

 

Michael Mahoney
Realtor
eXp Realty
Boston
617-615-9435

Should I Join eXp Realty?

September 21st, 2018 by Michael Mahoney

Should I Join eXp Realty?

There are a lot of real estate agents joining eXp Realty this year. Since I joined around January 2018, the company has doubled in size.  As a result of all these agents signing on,  many people call me to ask me the following question – “Should I Join eXp Realty?”

The answer to the question really depends. It depends on you. It’s not the brokerage for everyone. Every agent has their own specific needs and wants.

What I can say for sure is the following:

If you like paying desk fees and royalty fees and enjoy hearing about the vacation home your broker bought with your commissions, then you should stay where you are.

At eXp Realty, there are no desk fees. No royalty fees. No franchise fees. Agents keep 80-100% of their commissions. eXp Realty also offers every agent the unique opportunity to become a shareholder in their own company, and celebrate the company’s financial success.

The bottomline for mos agents is that this will be a very cost effective solution for them to operate their real estate practice within. The following is the current (9/18/2018) costs associated with affiliating with eXp Realty.

These are the costs associated with joining exp realty. This is helpful to understand while you are wondering if you should join exp realty

See more about eXp here

What’s different about eXp Realty?

Many agents are accustomed to “going to the office” even though after 17 years I pretty much stopped going into an office a long time ago.

The basis of eXp Realty is that it is an online cloud brokerage. Essentially, all brokerage operations and interaction with the back end of the company are done over the internet using an online campus where you communicate in real time with staff and support.

It’s an amazing platform where you don’t have to drive to the office to track down a check or a form that you need for your transaction. You can visit the brokerage operations online and speak with staff in real time from anywhere you are.  Remember the last time you drove to the office to track something down only to find out that the support staff member was not available that day to help because they were off site?

exp Realty virtual world

You can access accounting, tech support and brokerage operations from anywhere you have internet connection in real time at eXp Realty

 

Bricks and Mortar Brokerages Versus Online Brokerages Like eXp Realty

As an agent who has been at it a long time, I pretty much have not used the office in very long time. Although for many years, I always maintained a desk or an office in the brokerage, I realized that I never really used the office space that I was paying for. I have been with Coldwell Banker, Re/Max and Keller Williams. Each model has it’s own pros and cons.  I would say that I ultimately enjoyed all my time with Keller Williams the most in that it’s model aligned best with my personality.

However, when I was shown eXp Realty by some former Keller Williams agents it was a no brainer for me.

After realizing how much I was paying the broker that I was with for office space I did not use, eXp Realty was a “no brainer for me”.  Just in the commission splits alone, I probably saved over $10,000 a year basically doing the same business without the excessive office charges for space that was not being used. If you add in the monthly expenses, and the revenue sharing plus the stock awards it’s probably closer to a $15,000 per year savings.

Does Having an Office Space at The Street Matter?

Today, the clients are so mobile, they almost prefer to have you meet them at locations that work for them. In the Boston area where I work, there is pretty much a Panera or Starbucks in every town so I often meet clients there.

Many agents at eXp rent their own spaces with a couple friends.

 

 

 

Boston Home For Sale By Owner

September 14th, 2018 by Michael Mahoney

Boston Realtor Michael Mahoney on Why He enjoys Boston Homes Being Sold For Sale By Owner

I love the opportunity that the for sale by owner affords the buyer clients. I am often able to locate and broker deals that significantly allow the buyer to purchase under the market value. Many of the for sale by owners mis-price their homes or don’t market their homes properly. This allows for smart agents to find real deals in the Greater Boston area for our clients.

If you see a FSBO and you have an interest in it, please reach out. I would be happy to assist.

 

Turn off the Negative Self Talk Radio

August 21st, 2018 by Michael Mahoney

Turn off the Negative Self Talk Radio

Last night I had a great call with one of the agents I mentor here at eXp Realty. He and I spoke about what turned things for him recently. This person told me about listening to Earl Nightingale’s Strangest Secret. You can find that on Youtube. Earl was considered to be one of the forefathers of personal development.

I suggested a few more people for this person to check out which may help provide some motivation.

Remember “thoughts become things”.

In no particular order, here are some people you can check out on Youtube and get some inspiration from:
1. Les Brown
2. Jim Rohn
3. ET (Eric Thomas) The Hip Hop Preacher

I just wanted to share these with you, because at any given time in the real estate sales business the negative self talk can creep in. By finding and listening to people like the aforementioned you can build a stronger mindset which is going to help you get turn down the negative self-talk radio.

Hope to see you all on Thursday @ the class in Mansfield. If you click the Google calendar icon below, you can add it to your calendar.

If you are looking to take your real estate career, you should consider looking @ eXp Realty. We have many mentoring and training options available.  If you would like to attend a one to one webinar on eXp Realty – send a text to 617-615-9435 or email me @ mike@mmahoney.com

Have a GREAT DAY!

Michael Mahoney
www.RealtorMikeMahoney.com
eXp Realty Boston
617-615-9435

439 North Main Street Sharon MA Sample Financing by Thea Simolari of The Mortgage Network

June 3rd, 2018 by Michael Mahoney

439 North Main Street Sharon MA Sample Financing by Thea Simolari of The Mortgage Network

439 North Main Street Sharon MA

Own a turnkey move in ready house in Sharon for under 375k. 439 N. Main Street offers convenience to shopping, highways, and the commuter rail in both Sharon and Canton. It’s close to both Canton Center and Sharon Center. You can walk to the Starbucks at Cobbs Corner from here. There are three beds and a renovated bath on the 1st floor. This home could accommodate first floor living if desired by a buyer. There is a finished room in the lower level making for the perfect gym, home office or playroom. The family room off of the back offers a wall of windows looking onto a tiered yard. There is also a shed to store garden equipment, bicycles and recreational items.

Here are the full details on 439 North Main Street in Sharon

All Homes for Sale in Sharon MA by Realtor Michael Mahoney

439 North Main Street Sharon Massachusetts
Overview
Maps
Photos
Open House
$369,000
Single Family Home
Main Features
3 Bedrooms
1 Full Bathroom
1 Unit
Interior: 1,611 sqft
Lot: 10,415 sqft
Year Built: 1950
Location
439 North Main Street
Sharon, MA 00267
USA
Our recent listings

 

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Sample Financing by Thea Simolari of The Mortgage Network

439 North Main Street Sharon MA

Sample Financing for 439 North Main Street Sharon MA

 

Thea Simolari of The Mortgage Network has provided financing options on the property at 439 North Main.

You can reach Thea at TheaSimolari.com

 

123 Pine Street Holbrook MA is for Sale by eXp Realty

April 10th, 2018 by Michael Mahoney


123 Pine Street Holbrook MA 02343
Overview
Maps
Photos
Description
Neighborhood
Homes in Holbrook
$449,000
Single Family Home
Main Features
4 Bedrooms
2 Full Bathrooms
1 Unit
Interior: 2,214 sqft
Lot: 7,193 sqft
Year Built: 1910
MLS #: 72306129
Location

123 Pine Street
Holbrook, MA 02343
USA

See the video of 123 Pine Street in Holbrook


Michael Mahoney Realtor Michael Mahoney Realtor

eXp Realty
(617) 615-9435
mike@mmahoney.com
http://www.realtormikemahoney.com

      

Listed by: James Matthew eXp Realty

Our recent listings

 

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See more Holbrook, MA real estate for sale

Homes with Pools in Norfolk County

March 24th, 2018 by Michael Mahoney

Homes with Pools in Norfolk County

Homes with Pools in Norfolk County by Realtor Michael Mahoney

Homes with Pools in Norfolk County

 

What are Homes and Condos Selling for in Dedham MA

March 23rd, 2018 by Michael Mahoney

Michael Mahoney on house and condo prices in dedham MA

Home and Condo Prices Dedham MA

 

House Hunting Checklist by Realtor Mike Mahoney

February 27th, 2018 by Michael Mahoney

House Hunting Checklist by Realtor Mike Mahoney

As the Spring market starts and people are heading out to look at houses, we had our designer make a House Hunting Checklist for our buyer clients. This one pager will help our buyer clients capture all the details as we tour properties throughout the Greater Boston area.

Below is a sample image of our “House Hunting Checklist”

Download the Checklist Below or click here

Please feel free to pass along the checklist to friends or colleagues who may need help this Spring looking to purchase or a sell a home.

It would be my pleasure to have a telephone conference call or meeting with anyone to help identify opportunities in the real estate market this Spring.

If you are looking for opportunities in the market this Spring, take a look at www.HomesinBostonMass.com

 

House Hunting Checklist Provided by Michael Mahoney

House Hunting Checklist Provided by Michael Mahoney Realtor

 

 

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

Community Events

Knit, crochet, hang out, enjoy a delicious brunch!

Third Thursday Knit & Crochet Brunch

Chef-owner Nino Barbalace's new Italian cafe and bakery features breakfast and lunch. It's named in honor of Nino's aunt, who taught him to cook authentic Sicilian food. This group is also listed on a couple of other sites in addition to Meetup,...

Hands-on Volunteering + Easily meet new young professionals!

20's & 30's Awesome Boston -- Happy Hours, Hikes, Good Stuff

Don't you like to help your community?  Wouldn't you like to easily meet young professionals in Boston? Join us for our popular Bikes not Bombs volunteer night.  We'll be partnering with the Boston Volunteers for this exceptionally popular...

Friday Early Afternoon Game Advanced players

Mah Jongg in Cambridge and Beyond

Advanced players only. We play for money. Please RSVP. Bring your set if you have one. We play quick and strategic games. We have fun whether we win or lose. Bring your current Mah Jongg card and a sense of humor.$5 pie.