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101 Things To Do In Memphis #6: Red Carpet Party to Benefit Indie Memphis

by Melissa Thompson

On March 4th Indie Memphis and the Commercial Appeal will present the Red Carpet Party, an Academy Awards watch party at Rec Room. Make your predictions and see if you can beat the CA’s John Beifuss and your fellow party-goers to win prizes and raise funds for Indie Memphis!

Details:

  • Rec Room 3000 Broad Ave, 38112
  • March 4th at 6pm
  • Tickets are $25 and you can purchase them here
  • $600 – Living Room for 12 attendees: Purchase your own private Rec Room “Living Room,” complete with a bottle of champagne & Old Dominick’s Gift Bag for you and your friends. Limited number available.

What’s included?

  • Admission to Viewing Party
  • Complimentary food
  • Award’s Pick Sheet to compete for prizes
  • Your photo on the Red Carpet
  • All proceeds benefit Indie Memphis
  • Cash bar
Will you outsmart Commercial Appeal film journalist John Beifuss? Everyone who “Beats Beifuss” will win 5 Indie Memphis Nights film tickets ($50 value).
Enter the “Beat Beifuss” contest in-advance here.

What are the award categories?

  • Best Picture
  • Best Actor in a Leading Role
  • Best Actress in a Leading Role
  • Best Supporting Actor
  • Best Supporting Actress
  • Best Director
  • Best Original Screenplay
  • Best Adapted Screenplay
  • Best Cinematography
  • Best Animated Feature
Grand Prizes include:
Bicycle from Victory Bicycle Studio/Pedaltown Bicycle Company
Memphis Grizzlies - Team Autographed Basketball
Old Dominick Distillery Bottles
Old Dominick Distillery 4 Person Tour & Tasting
Old Dominick Distillery Tin Sign, Leather Coasters, Mule Mugs
Dinner for 2 at Felicia Suzanne's Restaurant
Dinner for 2 at Rizzos Diner
Dinner Gift Card for Bari Ristorante E Enoteca
A Piece from Murphy Maude Interiors
1 Piece of Brave Design Jewelry 
4 Class Pass to Delta Groove Yoga
Railgarten Gift Certificate
Nail and Skin Bar Mani-Pedi
Old Dominick Distillery Swag
Memphis Made Brewing Swag
Ride901 Swag

Join the event page for updates.

Learn more about Indie Memphis here.

See Indie Memphis’ upcoming film nights here.

By and photo credit: choose901.com/red-carpet-party-benefits-indie-memphis/

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Fresh New Look! 3492 Josee Lane, Bartlett

by Melissa Thompson

3492 JOSEE LN, Bartlett, TN

$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10020943 to view more pictures of this property. Fresh New Look! Move-In Ready 3BR, 2BA Bartlett Home Featuring New Carpet, Fresh Neutral Paint, Resurfaced Tubs, Delightful SunRm Overlooking the Fenced Backyard, Spacious Great Rm w/Loft Overlook, Lovely Dining Rm w/Wood Flrs, Wonderful Eat-In Kitchen w/Durable Tile Flrs & Pristine White Cabinetry, Romantic Downstairs Master Suite w/Luxury BA w/Whirlpool Tub & Sep Shower, Bonus Rm w/Bay Windows, Porches & Balconies Galore, Oversized Garage! Great for Family & Entertaining! Bartlett Schools!

 

2 Ways to Get the Most Money from The Sale of Your Home

by Melissa Thompson

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?

Here are two keys to ensure that you get the highest price possible.

1. Price it a LITTLE LOW 

This may seem counterintuitive, but let’s look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price but will instead have multiple buyers fighting with each other over the house.

Realtor.com gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly under priced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This, too, may seem counterintuitive. The seller may think they would make more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

study by Collateral Analytics, reveals that FSBOs don’t actually save any money, and in some cases may be costing themselves more, by not listing with an agent.

In the study, they analyzed home sales in a variety of markets in 2016 and the first half of 2017. The data showed that:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

The results of the study showed that the differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. Sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties.

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.

Let’s get together and find out how much your house is worth!  901-729-9526 or Melissa@YourKeyTomemphis.com.

By: KCM Crew

YOUR HOME SEARCH STARTS HERE            FIND OUT WHAT YOUR HOME IS WORTH  

Collierville TN Open House!

by Melissa Thompson

1532 EXMOOR LN, Collierville, TN

OPEN HOUSE February 25, Sunday 2:00 PM - 4:00 PM

$ Click for current price
4 BEDROOMS | 5 (4 full, 1 half ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/9998916 to view more pictures of this property. Amazing Brand New 5 Bedroom(2Down), 4.5Bath, Celtic Manor Built Home in The Stables Subdivision in the Sought After Wolf River Corridor of Collierville! All Bedrooms w/Attached Baths, Granite Galore, Incredible Covered Porch w/Fireplace, Gleaming White Oak Hardwood Floors, GE Profile Stainless Steel Appliances, Soaring Smooth Ceilings, Soft Close Drawers & Doors, Incognito Custom Closets, Spacious Great Rm w/Gas Log Fireplace, Media Rm, 3 Car Garage, Architectural 30Year Asphalt Roof!

 

Fantastic All On One Level Cordova Home! 1070 Dove Hollow Cove

by Melissa Thompson

1070 DOVE HOLLOW CV, Cordova, TN

Just Listed

$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10020033 to view more pictures of this property. Wonderful All on One Level, 3 Bedroom, 2 Bathroom Brick Home Situated in the Hunters Hollow Subdivision in Cordova Featuring Neutral Colors, 2 Car Garage, Laundry Room w/Cabinets, Snuggle Up Beside the Romantic Fireplace in the Spacious Great Room w/Soaring Ceiling, Host Dinner Parties in the Lovely Dining Room, Kitchen w/Full Complement of Appl, Master Suite w/Luxury Bath w/Dual Sink Vanity, Separate Shower & Whirlpool Tub, Large Fenced Backyard w/Delightful Patio Great for Cookouts & Parties!

 

How to Handle a Bidding War

by Melissa Thompson

It is a seller's market in real estate this year and with spring around the corner, the competition for homes is likely to get even more fierce.  If you are looking to purchase a home right now, chances are you may find yourself in a bidding war. Be prepared!  Here are six ways to come out on top in a bidding war:

Get your finances in order and get as much cash as you can.  It is never too soon to get pre-approved for a loan. In fact, the sooner the better.  Sellers will have lots of options and will be leery of those who do not have loans set in stone.  If possible, bring cash to the table.  Sellers will fear appraisals coming in low and loans falling through, so be prepared to cover the difference with cash.

- Don’t hesitate!  Be the first to make an offer, and make it a good one.  An insulting offer will put you at the bottom of the seller’s list, so it is not a good time to low ball.  Come in at or slightly below asking price so that they know you are serious about purchasing their home.

- Have an escalation clause in your offer. This is the amount of money the buyer agrees to increase the offer if there are other bids. If you offer the asking price of $400,000 on a house, but it might sell for $450,000, put in an escalation clause stating that you are willing to go as high as $460,000.  But know your limit.  Don’t offer more than you can handle.  Also, make sure the clause states that the seller can only take the winning bid up to a level just above the competing offers.  For example, if an offer comes in for $430,000, your bid would be upped to $431,000.

- Get a pre-inspection.  It will cost you a few hundred dollars, but it can help you in a super-tight market.  If you can make a bid that is not contingent upon inspection, sellers will look favorably on your offer versus the same offer from someone who has a contingency in their contract.

Show the love!  If you have found the perfect house and know you love it, don’t be afraid to let the sellers know, either directly or through your Realtor.  You can write a letter, send pictures of your family or even make a video describing why you love the house so much.  Be specific in your praise.  Sellers may appreciation the connection you feel with the house and choose you over other bidders.​

Think with your head, not your heart. Be smart! Purchasing a home is an emotional decision, but emotions can get in the way of making wise decisions.   Make sure you have done thorough research of the market: look at the most recent comparable sales, compare prices from a year ago, visit local school, have coffee at the closest café and speak to potential neighbors.  Look at listings nearby.  Whatever you do, don’t overpay because you get caught up in the heat of the competition.  While the house may seem perfect for you, it is not the only house that will be perfect for you. So, keep a level head and make intelligent decisions.

Melissa Thompson is an experienced, professional Realtor who can help you through the negotiations involved in a bidding war.  Give her a call at 901-756--8900 and start your home search today!

YOUR HOME SEARCH STARTS HERE            FIND OUT WHAT YOUR HOME IS WORTH  

Photo credit: Active Rain

101 Things To Do In Memphis #4: Mid-South Sports and Boat Show

by Melissa Thompson

Bring the whole family to the Number One Sports & Boat Show in the state - we have something for everyone!

Great deal son ski gear, wake-boards, water toys, fishing tackle, lures & much more! 

All the TOP DEALERS will be showcasing the newest Ski Boats!  Fishing Boats!  Pontoons! Runabouts and more!  All with special pricing and financing!​

It’s a Boat Buyin’ Bonanza and FUN for everyone!

Adults $10
Children 12 and under - Free

Friday, Feb 16th, 2 - 9 p.m.
Saturday, Feb 17th, 9 a.m. - 7 p.m.
Sunday, Feb 18th, 10 a.m. - 5 p.m.

Agricenter
7777 Walnut Grove Rd, Memphis, TN 38120
Tel: 901-867-7007
info@memphisboatshow.com

By and photo credit: http://www.memphisboatshow.com/

How to Love the Home You Have

by Melissa Thompson

When you’ve lived in a home for a while, it can start to lose the charm you first saw in it.  Day to day life can make it feel like a burden rather than a retreat.  Especially this time of year, when you’ve taken down the holiday decorations and the days are shorter and darker.  But it doesn’t have to be that way.  February is the month of love and it’s a great time to remember what made you fall in love with your house to begin with.  Even if your current home is not your dream house, you can still create a place you will love.  Here is a list of ways to love the home you have:

- Declutter.  A messy, cluttered home can make you feel overwhelmed and embarrassed to have company.  Negative feelings about your home make it a place of stress instead of a place of peace and comfort.  Cleaning up the clutter can seem like a huge task, but once you’ve done it, you will be glad you did!

- Show the kitchen some love.  Whether you love to cook or not, chances are you spend a lot of time in the kitchen.  So, it makes sense to have a kitchen you enjoy.  Simple things like keeping the sink, drainer and counters clear will go a long way into creating a space you will feel good about.  Place some fresh flowers on your counter or eat-in kitchen table. Find a spot for a speaker so you can listen to music while cooking.  Make the time spent in the kitchen a joy and not a chore.

- Make your bedroom a retreat.  Your bedroom should provide you with peace, quiet and comfort.  When decorating, you might focus on the rooms that guests will see.  But don’t neglect your bedroom.  It is your sanctuary.  Your place to escape to when you want time alone.  Choose colors that give your bedroom a relaxing vibe. Splurge on luxurious bed linens. And don’t be frugal when purchasing a mattress and pillows. Sleep is so important to your overall health and having the right mattress and pillows greatly effects the quality of your sleep.

- Display favorite family memories. Like many people, you probably have hundreds, if not thousands of photos on your electronic devices.  Take some time to go through them and find photos of your favorite family memories to print and frame for display.  Need some ideas?  Check out Pinterest for lots of unique ways to display photos in your home.

- Design a room that works for you.  Do you have a room that doesn’t get used much (if at all).  For example, a formal living room that nobody in the family uses.  Perhaps it’s time to make use of that room in a way that works best for you and your family.  Don’t get tied down to the fact that is a “formal living room”.  It can be anything you want it to be. Do you love to read?  Create a cozy library with a comfy chair and book shelves.  Do you need home office space?  Then create a home office that makes you look forward to “going to work” each day.

Even if you are not currently living in your dream house, you can make small changes that will help you love the home you’re in! 

YOUR HOME SEARCH STARTS HERE            FIND OUT WHAT YOUR HOME IS WORTH  

Photo Credit: chicagonow.com

Open House in Collierville TN! 581 Rocky Joe

by Melissa Thompson

581 ROCKY JOE DR, Collierville, TN

OPEN HOUSE February 11, Sunday 2:00 PM - 4:00 PM

$ Click for current price
5 BEDROOMS | 5 (4 full, 1 half ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10020006 to view more pictures of this property. Live Up to Your EXPECTATIONS!Step into this Stunning 5BR,4.5BA Home in the Collierville Reserve(No City Taxes) & be WOWED by the Fantastic Updates. Open Floor plan offers great family environment.Smooth Ceilings,Granite Galore,Beautiful Hardwood Flrs,2Romantic Fireplaces,Built-Ins,Plantation Shutters,Elegant Trim,Stone Screened-In Porch,Arched Doorways,Neutral Colors,Media Rm w/Surround Sound & Kitchenette,Office w/Built-In Desk.Prestigious Spring Creek amenities-HOA incl:Pool,Tennis,Lake,Trails

 

5 Reasons to Love Using A Real Estate Pro

by Melissa Thompson


Highlights:

- Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!

- They are there for you to help with paperwork, understanding the process, negotiations, and helping you with pricing (both when making an offer or setting the right price for your home).

- One of the top reasons to hire a real estate professional is their understanding of your local market and how the conditions in your neighborhood will impact your experience.

Contact your local expert’s at The Melissa Thompson Team 901-729-9526 or Melissa@YourKeyTomemphis.com for all your Real Estate needs!

By: KCM Crew

Displaying blog entries 1-10 of 15

Contact Information

Photo of Melissa Thompson Real Estate
Melissa Thompson
Crye-Leike Realtors
6525 N Quail Hollow Road
Memphis TN 38120
(901) 729-9526
(901) 756-8900
Fax: (901) 435-0620