FOR IMMEDIATE RELEASE

PHOENIX – REVINRE, a leader in innovative real estate solutions, has acquired the Hunt Real Estate branch offices in Arizona only. Revinre and Hunt Real Estate, a renowned name in the real estate industry, are excited to announce their new strategic direction combining the strengths and expertise of both companies to deliver unparalleled service and opportunities to clients across the region.

The acquisition leverages REVINRE’s cutting-edge technology and direct-to-consumer marketing model and Hunt Real Estate’s extensive history and Arizona market knowledge and network. A contraction for the phrase “Revolution in Real Estate,” the new REVINRE will aim to revolutionize the real estate experience, offering unique options to clients, creating seamless, efficient, and highly personalized service for all buyers and sellers.

Key Highlights of the Merger:

Enhanced Client Services: Clients will benefit from a broader range of services, including both fee-based and traditional commission-based options, advanced property search tools, comprehensive market analysis, and personalized support from a team of experienced sales professionals.

Innovative Technology: REVINRE began operation in Arizona, providing direct market access to sellers through its state-of-the-art platform, which will now be integrated into the new company website, providing clients with a user-friendly interface and real-time data access.

Expanded Market Reach: The acquisition strengthens the presence of both its sales professionals in Arizona, enabling them to serve a wider audience and provide more extensive local expertise.

Commitment to Excellence: REVINRE, in its expanded service platform and through its sales professionals, is committed to delivering “superior buyer and seller experiences,” enhancing their ability to meet and exceed client expectations.

Statements from Leadership:

"REVINRE’s significant step forward moves us toward our vision of delivering truly integrated real estate and homeownership services through our successful professionals at all levels of our organization. We are mission-driven to revolutionize and transform the real estate industry and deliver superior client experiences." — Peter Hunt, CEO of Revinre

"Hunt Real Estate has always been dedicated to providing exceptional service to our clients. By becoming part of REVINRE, we are enhancing our service options for our sales professionals and clients, expanding our reach and ensuring that we remain at the forefront of the real estate industry in Arizona." — Robert Shaw, Vice President of Hunt Real Estate

About REVINRE: Founded in 2017, REVINRE is the leading provider of direct-to-consumer real estate services, known for its innovative technology and client-focused approach. With its goal to revolutionize the real estate process, REVINRE provides unique service level options to buyers, sellers, and now real estate sales professionals.

For more information, please contact:

Robert Shaw, Vice President
480-570-0750
robert.shaw@revinre.com

Charles Hampton, Chief Operating Officer
602-497-3657
charles.hampton@revinre.com

Navigating the bustling Phoenix real estate market as a seller can be a challenging task, but with the right guidance, you can leverage the current market dynamics to your advantage. Understanding the underlying conditions and trends is crucial for making informed decisions.

Unraveling the Phoenix Real Estate Market: February 2024

Current Market Trends in Phoenix

The Phoenix real estate market has been demonstrating growth, with a noticeable uptick in buyer demand and property values. Recent data indicates an increase in average sales price, signaling a positive trend for sellers. While listings have seen a rise, the market remains competitive due to a steady influx of new residents attracted to Phoenix's vibrant economy and lifestyle. 

Key observations include a rise in the average price per square foot, a metric that offers insight into the market's health. This growth is reflected across various property types and neighborhoods, pointing to a broad-based appreciation in real estate values. For sellers, this means that there is potential to capitalize on this upward trend, provided they price and market their properties effectively in alignment with current market conditions.

Key Market Indicators to consider

When delving into the Phoenix real estate market, there are several key indicators you should consider. The average and median sales prices provide a snapshot of market value, while the average price per square foot can offer a more granular view of value over time. Listings and inventory levels are crucial; an increase in available properties could signal a shift towards a buyer's market, while low inventory often means a seller's market.

Additionally, pay attention to the absorption rate, which measures how quickly homes are selling. A high absorption rate suggests strong demand and could be a green light for listing your property. Days on market (DOM) is another important metric; shorter DOM indicates properties are selling faster, often leading to competitive pricing. Monitoring these indicators can help you make informed decisions when pricing your home and planning your sale strategy. 
 

Positioning Your Property for Sale

Timing Your Property Sale Right

Timing can significantly impact the success of your property sale in the Phoenix market. Seasonal trends typically show that spring and early summer are peak times for real estate transactions, with families looking to move during school breaks. However, Phoenix's unique market conditions can sometimes defy these general trends.

Analyzing current market data is essential. If inventory levels are low and demand is high, it could be an opportune time to list your property, regardless of the season. Conversely, if the market is saturated with listings, waiting for a more favorable moment might be wise.

It's also important to monitor economic indicators and mortgage rate trends, as these can influence buyer activity. A professional, like those at REVINRE, can provide timely advice on the best moment to sell, ensuring your decision is backed by the latest market insights. 

Pricing Your Property for the Phoenix Market

Pricing your property correctly is a critical step in the Phoenix real estate market. Set the price too high, and you risk deterring potential buyers, leading to a longer time on the market. Price it too low, and you may leave money on the table. Achieving the right balance is key to attracting buyers and securing a sale at the best possible price.

To price your property effectively, consider a comparative market analysis (CMA), which compares your home to similar properties in the area that have recently sold. This can provide a realistic picture of what buyers are willing to pay. Also, take into account your home's unique features, condition, and any market trends that could influence its value.

REVINRE can assist in this critical step by offering a property valuation service, ensuring your pricing strategy aligns with current market conditions and maximizes your home's value. 
 

Harnessing the Power of REVINRE

Listing Your Property with No Commission

One of the most significant advantages of partnering with REVINRE is the ability to list your property without paying a traditional commission. In the conventional real estate model, commissions can significantly reduce your profits from the sale. REVINRE, however, allows for a more cost-effective approach.

By listing your property with REVINRE, you can save thousands of dollars that would otherwise go to commission fees. This innovative model provides you with the same exposure as traditional listings by placing your property on the Multiple Listing Service (MLS), which is essential for reaching a broad audience of potential buyers. The average seller has saved $14,250 by listing with REVINRE.

Moreover, REVINRE does not compromise on quality or service. You will receive professional support throughout your selling journey, ensuring your real estate experience is smooth and successful, all while keeping more of your sale proceeds in your pocket.

Making Use of REVINRE

REVINRE's services are designed to give sellers control and flexibility over the sale of their property. Instead of the traditional commission structure, these packages allow you to select and pay for only the services you need. This can range from basic listing services to more comprehensive support, including professional photography and listing management.

These packages are particularly advantageous for sellers who are comfortable handling some aspects of the sale process themselves while still benefiting from professional services for more complex tasks. For example, you might choose to take on marketing and showings but opt for professional help with contract negotiations and closing processes.

By customizing the service package to fit your specific needs, you maximize the value you receive while keeping costs predictable and affordable. This approach empowers you as a seller and can lead to significant savings without compromising on the quality of services provided. 

The Benefits of REVINRE

REVINRE's a-la-carte services offer a unique advantage for sellers in the Phoenix real estate market. This personalized approach allows you to pick individual services based on your specific needs, rather than paying for a bundled package that may include services you don't require. This flexibility is a cost-effective way to tailor your selling experience and retain control over the process.

The benefits of choosing a-la-carte services include the ability to manage your budget effectively by investing only in what's necessary to sell your property. For example, if you're confident in your ability to host showings but need assistance with closing paperwork, you can select just that service.

Moreover, a-la-carte options allow for a more hands-on approach to selling your property, which can be empowering and educational. You're supported by professional services where needed, while also learning about the real estate process firsthand.

Get started with your listings at REVINRE.com.

According to the National Association of Realtors, “more than 90% of buyers scroll through hundreds of listings on a mobile device or laptop, clicking only on the ones that grab their attention.” 

As the saying goes, you never get a second chance to make a first impression. That’s why it is extremely important to make sure you have the best pictures of your home when selling. With that in mind, here are things to consider when deciding whether to take the photos on your own or hire a professional to do it for you.

Equipment

As technology evolves, the quality of images taken on smartphones is getting better and better. However, if you do not have a newer phone, a professional camera, or much of a photography background, it is going to take a large amount of time and equipment to get the necessary shots.

It is recommended to use a DSLR camera that has a wide-angle lens. If you are trying to shoot in a tighter space, then a wide-angle lens is crucial. While some of the newest versions of smartphones have a wide-angle setting, it is most likely not as effective as one on a DSLR. A tripod is great to use to ensure that your photos are level and consistent.

Good lighting is critical when photographing both inside and outside of your home. You may want to consider getting a lighting kit that includes a light reflector to help with directing light to certain spaces. If you are unable to obtain a lighting kit you will need photo editing software. While these are great, they do bring additional costs.

A stellar DSLR camera alone will run you at least a few hundred dollars. That combined with the other necessary equipment and accessories will be pretty expensive. Don’t want to spend all of that money? You might want to consider Revinre’s Premium package or higher. You can still save thousands while getting professional photos taken of your home and none of the stress!

Photography Expertise

Do you know all of the important aspects of photography or are you just used to using your phone to snap a few shots? As we mentioned above, you will most certainly need to use photo editing software after taking photos of your home. If you don’t have software or know how to use it then it will take much time to perfect the photos.

Time of day plays a huge role in photographing your home. You may not know that certain photos look better during the day versus at night. According to realtor.com, twilight photos are great for homes with stunning landscaping and can make a home look inviting from the outside. Twilight is only 20 minutes long, starting once the sun sets. If you are new to photography, you may want to consider a professional to take your photos in order to get the right shots within those 20 minutes. 

Interior photos can get tricky when it comes to dealing with glares from windows. A strong glare can result in an extremely bright or dark photo. High dynamic range (HDR) photos are oftentimes difficult to perfect. Fortunately, professional photographers have come up with many ways to get around this issue that the average person most likely will not be able to accomplish on their own.

Shooting from the right spots and avoiding odd angles are also important. All professional real estate photographers know the exact angles to shoot from for each specific room and area of your home. Since it is recommended to include 22-27 photos in your listing, it is important to get them perfect. 

Professionals also know how important aerial drone shots are. They are a way to show your entire home from a different view. According to Rocketlister, “properties with aerial drone images are 68% more likely to sell.” It’s safe to assume that most people don’t have a drone lying around at home. With REVINRE, you can select to have drone images taken of your home from our a-la-carte services. Increase the chances of selling your home high while still saving.

A report from Inman tells that about half of the homes in the United States are selling in a week or less. Don’t let your photos be the reason that potential buyers move on to a different listing.

Leave it to the professionals and take advantage of REVINRE’s professional photography services included in our many package options to ensure your house sells quickly and for top dollar. 

Sell your home with REVINRE and save!

If you’re selling your home in Arizona, and don’t want to pay thousands in listing commissions, you’ve come to the right place.

Contact us at 602-562-7222 or visit REVINRE.com to get started today.