Albuquerque Housing Market Shake-Up: FSBO vs MLS, Home Prices & Seller Mistakes (Ep. 524)

In episode 524 of the Albuquerque Real Estate Pod, Tego and Tracy Venturi from the Venturi Realty Group discuss a range of topics central to the Albuquerque real estate market. Starting with the advantages of listing homes on the MLS over FSBO (For Sale By Owner), Tego and Tracy highlight how sellers who use MLS end up earning more by avoiding the pitfalls of limited exposure. The discussion includes insights into the spring real estate market, stats on home prices, and the current market trends, including a 48% increase in homes for sale and a dip in mortgage rates. Additionally, they feature a unique property in Corrales, NM, and introduce the community of Bosque Farms, outlining its amenities and lifestyle. The episode rounds up with buyer success stories, market updates, and tips for home sellers on timing and listing strategies. For anyone interested in buying or selling in the Albuquerque area, this episode offers invaluable advice and local insights. For professional assistance, viewers are encouraged to contact the Venturi Group at 505-448-8888.

 

00:00 Introduction and For Sale By Owner Discussion

00:45 Welcome to the Albuquerque Real Estate Pod

02:01 Spring Real Estate Market Trends

03:00 Zillow Research on Off-MLS Home Sales

03:43 Importance of MLS in Home Selling

10:27 Home of the Week: Corrales Property

12:56 Market Update Minute

17:14 New Construction Home Success Story

21:50 Community Spotlight: Bosque Farms

27:26 Is Now the Right Time to Sell?

31:14 Conclusion and Contact Information