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- 🤯This property sold for $5M last month in Cookeville!
🤯This property sold for $5M last month in Cookeville!
This months agent newsletter is loaded with interesting local information to keep you more informed.
Brandi Maniscalco
February 06, 2024
PUTNAM COUNTYActive Listings: 261 | WHITE COUNTYActive Listings: 163 |
OVERTON COUNTYActive Listings: 67 | CUMBERLAND COUNTYActive Listings: 233 |
THE UPPER CUMBERLAND MARKET UPDATE
We compare the number of New Listings and properties Under Contract in 2022 to 2023.
JAN-FEB 2023NEW LISTINGS: 581 | JAN-FEB 2024NEW LISTINGS: 536 (7.7% decrease) |
What do these numbers mean?
It appears that the current housing market has seen a decline in new listings and properties under contract compared to the same period last year. The number of new listings has decreased by 7.7%, suggesting a potential decrease in the supply of available properties. Additionally, there has been a 20.6% decrease in properties under contract, indicating a decline in buyer activity. These changes in the market may indicate a trend towards reduced inventory and potentially slower market activity.
Agent: Donnita Hill
MLS #: 222049
SOLD Price: $5,000,000
1211 Bill Smith Rd. COOKEVILLE, TN 38501
BREAKING NEWS! 4 MLS’s have joined forces to help buyer’s relocating out of state. Will we be seeing more of this?
Exciting news from REcolorado, the MLS for Colorado! They have entered into a groundbreaking data-sharing partnership with four MLS powerhouses, including First MLS (Atlanta), the fourth-largest MLS in the country, the Miami Association of Realtors, MLS Listings in Northern California, and Heartland MLS serving the greater Kansas City area. This partnership is a game-changer for REcolorado agents as it unlocks listings in relocation markets. In fact, property information from FMLS will be available to REcolorado subscribers first, with data from the other partners soon to follow.
But let's ponder a larger question here: How long will it take for the real estate industry to achieve a nationwide MLS? Will it come to fruition through countless data sharing agreements or will it be accelerated by industry giants like CoStar or Zillow? The answer remains a mystery, and only time will reveal the path we will ultimately take.
With the influx of out-of-state buyers relocating to Middle TN, do you think a data-sharing partnership between Navica and MLS’s across the country would be beneficial for agents (and buyers) in this area? |
Use AI tools like ChatGPT to write social media posts for your brand.
🤖 Here is one of our favorite prompts for social media:
Act like a realtor; create a social media post highlighting the benefits of living in [Location] for a post promoting the local area.
The content should be interesting enough to encourage prospective buyers to inquire about my realtor business’s available listings.
Include emojis, relevant hashtags, and my contact information.
Personalized seed packets to spoil your homebuyer’s!
Spring is right around the corner! Are you looking for closing gifts for your clients? For $1.25 a packet, these personalized seed packets are hard to beat.
The caveat? Minimum order is 125. Place a bulk order and you’ll have gifts for days!
 | This seed packet holds a dusting of marigold seeds for a small backyard garden. An image of the blooms is pictured on the front of the packet and the back is wide open for your company logo and message.
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