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Trust Through Transparency
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Scott Thompson
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There is More to Property Management
Then Being A Care Taker
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I have strategies to get your home sold before the value continues to drop even more.
I'm not going to feed you a bunch of falsehoods, nonsense or baloney just to get a listing. You may not like what I say. My goal is to help Seller's and Buyer's make rational decisions in real estate. When seller's and buyer's connect there needs to be trust through transparency.
Please note...
If your property is currently listed for sale with a Brokerage, or you have an agency buyer agreement that is required by law when working with an agent, please disregard my offers. It is not my intention to solicit the offerings of other realtors you may be working with through an agency relationship agreement. I will be happy to work with them and cooperate fully.
Scroll down for current and past sold data...
Stay tuned for monthly updates.
Tap or Click on any links below, be it a highlighted link or website.
If your home has expired from the MLS,
no longer on the market, have you
considered....
AlternativeMarketingStrategies.net
Also view: HowIsellYourHome.net
I have collected data since 1997. There is a collection of data that I've collected during that time and I call it the 75-80 percent rule...
Always ask me about the 75-80 percent rule and what it means. This data has been the same since 1997. That is how long I've been keeping that data. No one else to my knowledge is keeping this data, so I'm the only one who knows about it.
Click here for inflation
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Side Notes For 4-1-25 to 4-30-25
4-20-25
Home prices need to correct by 25%-30% just to put buyers back in the normal market. If banks can't loan money, the banking industry will suffer as well.
If you are selling your home, I have strategies to get it sold in a no body's market. Let's connect.
AlternativeMarketingStrategies.net
4-16-25
Housing market corrections take a while. Home seller's, when they see the data I give them month by month they realize they have seller denial syndrome. Some home seller's have this period of denial and that period of denial will last for years before they realize the reality of data.
At the end of 2022 I stated gone are the days we use past appraisal data. We saw this in 2020-21-22-23 and some of 2024.
I'm showing you the reality of the market data. Eventually these home seller denier's get a shock of 25-30% drop. They should have listed right the first time. Had they sopke with me before listing, they may have stopped denying and priced their home based on how I predict the market. We are seeing negative price growth and should continue through August 2026.
Inventory is increasing because of over priced homes. Everyone is saying we have a housing shortage, the reality is different. Inventory is increasing. The problem is inflation, NOT AN INTEREST RATE problem, but when you combine the two its a mess.
Do a search Ctrl-F in RecentSoldData.com key word Reagan. You'll see history repeating itself, but its a bigger problem today.
When listing with me, you need to hear me right, the data can not lie.
The party of SOLD higher then list price is over! And, I've been telling this to everyone since 2021-22.
Lack of affordabiliy due to inflation is killing us and creates low demand and makes inventory spike.
4-10-25
We are still in a No Body's Market because of the lack of affordability. This is a no body's market due to rates AND affordability. Most can not afford to buy due to monthly payment, property taxes that never end and the cost of maintaining a home. This is upsetting because inflation was creates by government spending, waste and who know's what else with NGOs.
Back in October 2023 I talked about the Pig in the Python I was right then and I'm on target today.
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I have strategies to get your home sold in a NO BODY's Market
Side Notes For 3-1-25 to 3-31-25
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Like I have been saying for two years, prices are dropping.
You need me in your corner to sell your home right the first time. You need strategies to get it sold before it Keeps dropping
entry 3-26-24 update...
AI DATA SEARCH
In 2024, the median age of first time buyers reached 38, the highest ever recorded, according to the National Assoc. of Realtors NRA report, marking a significant increase from the previous year, AI search. Click
Mid March 2025
notes and comments...
I'm still hearing chatter among people I bump into and their mindset is a bit mixed up. Still hearing from them that interest rates are the problem, again they are not the problem. I've been telling people this since 2023, we have an inflation problem. The more we lower inflation the lower the rates go. Scroll through the data below. Click on the links going back to 2022-23 below. you will always see rate increase based on...
The Fed Rev inflation rate Click here. The inflation rate has to be below 2% to lower rates. The way to stop inflation is found here... https://Doge.gov
There is still more inventory then demand and you'll see from the data below, sellers are getting motavated month by month. The data I've been collecting is real and its not based on opinion, its based on facts. When I list your property for sale, we will talk reality, you don't want your home sitting on the market.
Scroll down at what I've been predicting in the last 29 plus months, the consistency is on point.
More inventory then demand and motivated sellers. Homes are staying on the market longer. I have a strategy to sell your home right the first time. I'm not going to give you smoke and mirrors to get a listing. If we are a match great! if not no problem and lets move on.
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Side Notes For 2-1-25 to 2-28-25
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Lets review Feb 2025.
Today's inflation data, click-how I predict the market.
Unemployment Data
Cache County, Click
People are still suffering from inflation. Inflation is still kicking butt, and I honestly don't see interest rates dropping for years. Like I keep saying, we have an inflation problem, not an interest rate problem. It took 10 yrs to go from 21% rates to 10.5% from Carter to the end of Reagan.
It's difficult to out save inflation. Creative Financing is the key to beating inflation. Ask me about this, not many Agents or brokers understand this concept. Prices are still dropping, agent's maybe telling you prices are going up. They are NOT!
When inventory increases, prices drop. I have strategies to help you sell your home right the first time.
There is one thing that I feel will lower inflation, DOGE. Because we are reducing inflation by gutting Gov. debt. This will lower interest rates because the national debt and inflation will slowly come to a halt.
https://Doge.gov
The Fed Rev inflation rate is 3% Click here.
Here's a tip for selling your home right the first time...
Can a brokerage be a discount brokerage and still offer full service, YES!!!
Some brokerages will try to tag a brokerage who offers less commission as a discount brokerage, meaning limited services as a brokerage. That is non sense. So, if you are not a discount brokerage what's the standard commission rate that justifies full service, mid-service, limited service, etc. There is no standard rate, never has been. There are brokerages out there who will offer EVERYTHING the high priced brokerages offer, and they do a lot more than the so-called full service brokerages say they offer. Not even sure what is defined as full service. So when you here an agent say, that person / brokerage is a discount brokerage, they offer less in services, challenge them on that. Brokerages who offer less commissions does not mean they do less or offer fewer services. Interview EVERYONE, including myself. Ask them what their commission covers with the services given. Finally an affordable performance driven broker.
Every month prices will continue dropping. I predict until August 2026, I personally feel selling price will be more stable.
Remember when I said back in April 2024 that prices will continue to drop.
Market Statistics
April 1st to April 30 2024 Average list price was $520,687.00
Feb 2025 Average list price
$ 476,416.00
thats a $44,271.00 difference
4-2024 Average Sold price $514,033
2-2025 Average Sold $ 467,309.00
thats a $46,724.00 difference.
I have strategies to get your home sold before the value continues to drop even more.
4-2024 Average days on market: 55
Average list price: $520,687.00
Average price drop $6,654.00
Average sold price: $514,033
Number of sales: 96
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People will still be buying and selling regardless of the market, even dead people need real estate immediately.
I can help you sell your home
right the first time, Click Here!
If we're a fit great, if
not no problem.
The 75-80 percent rule in Feb was 86%
Side Notes For 1-1-25 to 1-31-25
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1-1-2025 to 1-31-2025
Average days on market 70
Average list price $ 431,631
Average price drop $ 3,207.00
Ask me about the exact price dropped homes
Average sold price $ 428,424
# of sales 68
The Average list price in Dec 2024 was $479,907.00 and the Average sold price in Jan. 2025 was $ 428,424.00
That's a $51,483.00 drop in price.
As I have said 29 plus months ago, we will not be seeing interest rates drop. We have an inflation problem, not an interest rate problem.
The Fed Rev inflation rate 3% in Jan 2025, Click here.
When the inflation rate drops to 2% or below you might see interest rates drop, but very unlikely. Even if the Fed got to 2% it would be foolish to drop rates.
As I have said in the past 29 month's. prices will continue to drop.
The best time to sell is now because prices will continue to drop. The 68 homes sold above did so only after a price drop.
I can help you sell your home
right the first time, Click Here!
If we're a fit great, if
not no problem.
Everything I told you has been correct based on, click-how I predict the market.
The 75-80 percent rule in Jan was 80%