Scottsdale and Phoenix Real Estate News

April 23, 2023

How to Sell and Buy a Home at the Same Time!

Selling and Buying a Home Simultaneously! 

Selling and buying a home simultaneously can be stressful and requires careful planning and coordination. Here are  steps to help you navigate the process:

1. Hire an Experienced Realtor: Working with a Realtor with years of experience can be invaluable when buying and selling a home at the same time. Look for a Realtor with experience in handling simultaneous transactions and who can help you navigate the process smoothly. 

2. Determine your financial situation: Before you start the process of selling and buying a home simultaneously, it's important to understand your financial situation. Calculate your budget, including the down payment for the new home, closing costs, and other expenses associated with buying and selling a home. Determine how much equity you have in your current home and whether you'll need to sell it first to fund the purchase of the new home. 

3. Coordinate with your agent: Work closely with your Realtor to coordinate the sale of your current home and the purchase of your new home. Discuss your timeline, priorities, and preferences with your Realtor to ensure that they can help you find suitable properties and buyers.

4. Get pre-approved for a mortgage: Obtain a pre-approval for a mortgage to determine how much you can afford for your new home. This will help you make offers with confidence and show sellers that you're a serious buyer.

5. List your current home for sale: Once you're ready to sell your current home, work with your Realtor to list it on the market. Prepare your home for sale by decluttering, staging, and making any necessary repairs or improvements.

6. Start searching for your new home: Begin your search for your new home in parallel with selling your current home. Work with your Realtor to identify suitable properties, visit open houses, and submit offers on homes that meet your criteria.

7. Coordinate timelines: Timing is crucial when buying and selling a home simultaneously. Work closely with your Realtor and mortgage lender to coordinate the timelines of your home sale and purchase. This may involve negotiating with buyers and sellers to align closing dates, leasebacks, or other arrangements to ensure a smooth transition for both transactions.

8. Prepare: Be prepared for contingencies in case the sale of your current home or the purchase of your new home doesn't go as planned. This may involve having backup plans in place, such as temporary housing options, extending the closing timeline, or negotiating leasebacks.

9. Close the transactions: Once your home sale and purchase transactions are coordinated and all contingencies are met, you'll proceed to close the sales. This is the final step where legal documents are signed, funds are exchanged, and home ownership is transferred.

Be sure to consult with professionals to ensure that you're following all the necessary requirements.  Selling and buying a home at the same time can be a complex process, but with careful planning and the assistance of an experienced Realtor, you can be successful!  

View some of my Recent Sold Listings Here!


Posted in News
June 11, 2022

Liz McDermott Best Real Estate Agents in Phoenix

Liz McDermott is recognized as one of the 10 Best Real Estate Agents in Phoenix!

To read the story and see the list of the 10 Best Real Estate Agents in Phoenix visit the AZ Big Media article in the June 3rd Arizona residential real estate edition.




Posted in News
March 26, 2022

Arizona Super Bowl Brings Demand For Real Estate

The 2023 Super Bowl LVII will be played in Arizona and Scottsdale real estate is in high demand.  Luxury homebuyers are buying both principal residences and investment rental properties. View the new Scottsdale Luxury homes for sale as they come on the market here Scottsdale Arizona Luxury Homes For Sale.

The Glendale Arizona real estate market is also in high demand! View the new Glendale real estate listings as they come on the market here Glendale Arizona Homes For Sale.

The excitement is already building for the Arizona 2023 Super Bowl.  Here is a great article in the Cronkite News "Arizona already getting ready to host the 2023 Super Bowl".

There will be several exciting event announcements leading up to the big game and you can stay up to date with the Arizona Super Bowl 2023 Host committee website.   The countdown to February 12, 2023 has begun!

#superbowl #arizona #realestate #homes 


Posted in News
March 13, 2022

Buying a Home in a Community with Pickleball Courts in Arizona

Buying a home with Pickleball court access is in high demand and homebuyers are looking for communities that offer them.  Here is a great article in the Phoenix Business Journal "Homebuyers flocking to new Valley home communities with pickleball courts" with news on new home communities with Pickleball courts!  Pickleball is said to have originated in Washington State in the 1960s.  It is a fast-growing sport and has become increasingly popular for many including celebrities from Hollywood to the Hamptons!

Pickleball courts and memberships are expanding at many local resorts including the JW Marriott Desert Ridge. You can also check out the Arizona Amateur Open in Mesa on 11/18/22.  It will be located at Ball Bank Park powered by Legacy Sports on 1 Legacy Dr. Mesa, AZ 85212

#homebuying #pickleball #arizona #desertridge 



Posted in News
Feb. 20, 2022

Ask the Experts: Will The Valley Housing Market Crash This Year?

Scottsdale & Phoenix Real Estate News:

There are many factors to consider in the health of the Valley housing market.  The impact of mortgage rate increases, home price increases, labor/supply shortages, and increased building times for new construction.  All of these questions are addressed in the latest Phoenix Business Journal article "Will the Valley's housing market crash this year? Experts weigh in".

Here is the latest Phoenix Metro Update:

Posted in News
Oct. 24, 2021

Goodyear Home Breaks $1 Million in September

I’m excited to announce that my clients had the September top-selling home in the Goodyear-Litchfield Park area breaking $1 million which sold for $1,475,000.  The home was under contract in 2 days utilizing my proven marketing plan that includes both twilight aerial drone photography and a 3D Matterport virtual tour. Click here for the article with the details and photos in the Daily Independent.


Please text or call me to discuss how we will Sell your home Fast for Top Dollar!  

Liz McDermott Realtor HomeSmart Direct: 480.414.3123

Posted in News
Dec. 6, 2020

Arabella DR Horton Scottsdale

DR Horton has announced the purchase of approximately 122 acres in Scottsdale located near Tatum Blvd and Bell Road in the 85254 zip code.  There will be gated entrances to this luxury community that will offer over 700 single family homes ranging from 1,800 to 3,500 square feet. This will be an amazing opportunity to own a new home in Scottsdale conveniently located by Desert Ridge and the Mayo Clinic hospital.  

The Phoenix Business Journal article outlined the details of this land negotiation and how the $80 million dollar agreement transpired to include single-family homes and townhomes.  There are also luxury amenities planned including a pool, park, and nature walking trails. 

Give me a call to learn about the benefits of working with a Realtor that is an Accredited Buyers Representative as your Buyer's agent when purchasing a new construction home!

Liz McDermott Realtor  ABR

Direct 480.414.3123

Posted in News
Nov. 7, 2020

Selling Your Home?

My Virtual Home Selling Program

This year has been a busy year for everyone selling and buying real estate as homeowners are reevaluating their work from home needs. Whether you are a student, doctor, parent, retiree, or anyone – home life has become so much more for all of us. However, no matter what happens, we all want to have a property that we can call our dream home.

Thanks to 3D camera technology, we can all take advantage of the digital real estate boom that is occurring. It is a fact – people will always want to purchase homes. Knowing people will always buy homes, there needs to be someone who will always want to sell their home in order to meet demand. High-resolution 3D photography is now helping sellers reach more buyers who are looking for their dream homes.  Homes for sale with 3D Matterport imagery offers an experience beyond static images that most often results in homes selling faster and for a higher price.

Wondering Why?

Both buyers and sellers are present in the current market, but due to the outbreak of COVID-19, both cannot always connect as easily as pre-COVID-19. 

Sellers listing their homes often do not want open houses or large groups of people present during showings in their homes.    

Buyers are also finding it hard to find a home due to the low number of active listings and multiple offers on the homes that are listed for sale. Many are asking the question “What home and condo options are available in Scottsdale, Phoenix, Cave Creek, Carefree, or Fountain Hills?” This causes a complex and stressful cycle that is best solved with an experienced tech-forward Realtor®.

To lift this stress off your shoulders and help you sell or buy a home, we have come up with a solution: My Virtual Selling program and Virtual Tours.

If you are someone looking to sell your house in Scottsdale, Cave Creek, Carefree, Fountain Hills, or the Greater Phoenix area, then keep reading and you will see what we have for you!

Virtual Selling Program

As a Top 1% selling realtor in the Scottsdale and Greater Phoenix area, I have developed a marketing plan and resources to sell your home faster and for more money with my Virtual Selling Programs.

My marketing plan is efficient, professional, and provides quick results. Moreover, your home will be accessible to more buyers across the country while also saving time and effort.

Benefits of the Virtual Selling Program:

Modern real estate problems require modern real estate solutions:

1.     Effortless:

The virtual selling program is a great idea for sellers since it allows more prospective buyers to save time and energy that would normally be spent traveling to different homes.  Everyone is extremely busy these days and hardly getting any time – this is the perfect solution for increased exposure to sell your home!

2.     Increased Exposure:

Have you ever imagined how much money and time buyers spend on travel while looking for their dream home going from one place to the other? Hiring a Realtor who includes virtual selling technology will allow increased exposure to more buyers with an enhanced online viewing experience.

3.     No Time Constraints:

Buyers can check out your properties whenever they wish; the entire digital real estate world is at our fingertips. They can see the house once, twice, and as much as they wish. No more going back home and realizing you do not remember the floor plan of the house if it had a separate dining room or you forget your measuring tape to check the room size.  Your prospective buyers can digitally measure a room, window, or door virtually when utilizing the 3D Matterport technology.

4.     Virtual Walk Through Tour:

Residential homes sales have turned into a 3D digital real estate boom!  Once the house is listed online, buyers will have access to it across the internet and will be able to see it via a virtual walk-through tour. Do you know what that means? Since there is an exceptionally large online audience, more people can become interested in the property listed, which often increases the prices due to higher demand!

Read the step by step guide below to learn how this virtual selling program works:

Step 1: Send an Email

The first step is to send me an email and let me know you have decided it is time to Sell your Home. You should include a thorough description of your home, attach pictures or short videos, and specify if you have made any upgrades or improvements.  Your pictures and videos will help me prepare your complimentary current market analysis.

Step 2: Virtual Meeting

Virtual meetings are easy! Next, there will be a virtual meeting where I will be able to discuss our marketing plan and strategy to Sell Your Home.  

Step 3: Virtual 3D Walk Through Tours and Staging

The best thing is that it will allow the buyers the opportunity to feel like they are in your home, thanks to the state-of-the-art 3D technology incorporated in this program. Buyers will be able to virtually tour your home with Virtual Open Houses and 3D Matterport imagery included with my high-resolution photography. It will allow the buyers to tour your house while they sit at their own homes. Virtual staging will be designed and strategically placed within the photos.  My luxury home staging expertise will help guide the virtual staging, increasing the appeal to buyers in the Arizona home buying market. Doesn't it sound worry-free?

Step 4: Closing 

Listing agreements and sales contracts can be drafted and signed online. 

Step 5: SOLD!

The next thing you know you will be placing a “SOLD” sign in the yard! 

The Virtual Home Selling Program is a game-changer!

Posted in News
Aug. 22, 2020

Just Announced...Amazon Expansion in 11 Phoenix Metro Areas!

Amazon has announced a major expansion with 11 new sites to be opened by the end of 2020 bringing 3,000 full and part-time jobs to the Phoenix metro areas! The locations include Avondale, Chandler, Goodyear, Mesa, Phoenix & Tempe.   The AZ Central is reporting that over 1,000 of the jobs will be at the new high-tech robotics location near Bullard Avenue and Yuma Road in Goodyear, AZ. 

Real estate in these areas should continue to rise in popularity near each of the new sites as hiring begins. As of August 20, 2020, The Cromford Report is showing a Monthly Average Sales Price for Single Family Detached Homes of $283,170 in Avondale, $453,843 in Chandler, $377,833 in Mesa, $414,431 in Phoenix, $406,588 in Tempe and $355,019 in Goodyear. 

If you're interested in viewing the Newest MLS listings for these 6 cities, click the link below to start searching and saving your favorites!

Avondale Newly Listed Homes For Sale

Chandler Newly Listed Homes For Sale

Goodyear Newly Listed Homes For Sale

Mesa Newly Listed Homes For Sale

Phoenix Newly Listed Homes For Sale

Tempe Newly Listed Homes For Sale



Posted in News
Dec. 18, 2019

Talinn at Desert Ridge

Shea Homes has announced the purchase of approximately 25 acres near Desert Ridge for their new home community Talinn at Desert Ridge.  This parcel is located at 56th street and Deer Valley Road and will provide an outstanding location for new homeowners.  Construction of the model homes will begin in the second half of 2020 and will include a community park.  The first phase of Talinn at Desert Ridge will include over 80 home sites with a second phase planned for later in 2020. 

Click here to learn more about Desert Ridge Real Estate and view the newest homes currently for sale in Desert Ridge. 

Posted in News