Jasmin Ahmed, Realtor

Jasmin Ahmed, Realtor Your Trusted Guide In Real Estate Jasmin has been a REALTOR® for over 22 years and has been serving Greater Louisville since then.

Prior to Real Estate, Jasmin worked at two large Fortune 500 companies as a part of their management team and brought that business experience with her that helped her become successful in her current profession. She has a Master's degree from a reputable University. She is happily married with two children. Both are successful in their career. She has many awards in her profession, however, her best reward is when she is able to make her clients happy.

Ready to turn those "someday" dreams into your "right now" reality? ✨🏡The journey can sometimes feel like endless house ...
07/04/2025

Ready to turn those "someday" dreams into your "right now" reality? ✨🏡

The journey can sometimes feel like endless house hunting, but imagine the reward: picture yourself finally grilling in your dream backyard, hosting loved ones, and making cherished memories in a space that's truly yours. That vision isn't just a fantasy; it's a dream waiting to be built and achieved!

I'm here to help you navigate every step, transforming that tireless search into the joy of finally living in the home you've always envisioned. Let's make that dream a reality, together.

01/14/2025
10/16/2024

Market Snapshot Third Quarter

New Listings:
In Q3 2024, there were 3,135 new listings, an increase of 591 listings (approximately 23.23% increase) compared to 2023, which had 2,544 new listings.

Average List Price:
The average list price in Q3 2024 was $331,863, which is $20,749 higher than in 2023, where the average list price was $311,114. This represents a 6.67% increase in the average list price.

Homes Sold:
The number of homes sold remained almost the same, with 2,706 homes sold in Q3 2024 and 2,705 homes sold in 2023, showing no significant change in sales volume.

Average Sold Price:
The average sold price in Q3 2024 was $328,239, which is $19,317 higher than in 2023, where the average sold price was $308,922. This marks a 6.25% increase in the average sold price.



ANALYSIS

Increase in New Listings: The notable 23.23% increase in new listings from 2023 to 2024 indicates a higher inventory in the market. This could suggest increased seller confidence or a more favorable market for selling in 2024.

Higher List and Sold Prices: Both the list prices and sold prices saw moderate growth, with around a 6-7% increase. This suggests that the market conditions in Q3 2024 allowed sellers to price homes higher, and buyers were willing to meet these higher prices. The fact that the average sold price increased almost in line with the list price suggests a strong demand in the market, allowing homes to sell close to their asking prices.

Stable Sales Volume: Despite the increase in new listings, the number of homes sold remained virtually the same. This could indicate that buyer demand has stabilized, matching supply closely, or that the increased inventory hasn't necessarily translated into more sales, possibly due to market saturation or economic factors affecting buyers' ability to purchase.



CONCLUSION

The Q3 2024 real estate market experienced an increase in listings and higher prices but maintained a similar sales volume to Q3 2023. The data reflects a healthier market for sellers, with rising prices and stable demand. However, the unchanged number of homes sold, despite increased listings, might suggest that while there are more homes available, buyers are not increasing proportionately, which could lead to a competitive market for sellers if the trend continues.

05/23/2024

Good Article from Inman: Why Buyer Representation Should Matter So Much to Sellers

Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation benefits everyone.

In today’s rapidly changing real estate landscape, understanding the critical role of buyer representation has never been more essential for homesellers. With implementation of the National Association of Realtors’ settlement on the horizon, many sellers may not fully grasp the significant impact these changes will have on their transactions.

The urgency to adapt is real, and overlooking the necessity of paying a buyer agent commission could expose sellers to unforeseen risks.

Currently, homebuyers are not allowed to roll their buyer agent compensation into their loan. This means they must bring cash to the table to pay their agent (if the seller is not offering buyer agent compensation).

Unrepresented buyers should be considered more than a minor hiccup — they can lead to a cascade of complications that jeopardize the entire deal. To safeguard your investment and ensure a smooth transaction, it’s crucial to recognize the invaluable support a buyer’s agent provides.

What value does a seller receive if the buyer has professional representation? Let us list the ways:

Lender connections: Buyer agents connect their buyers with well-vetted (and typically local) lender partners who have proven time and again that they can close a transaction on time.

Documentation management: Buyer agents ensure that buyers have delivered all necessary documentation to the lender to ensure full underwriting.

Market analysis: Buyer agents provide comparable market analysis reports (CMAs) to help buyers understand the market value of the home and support a reasonable offer price.

Contract guidance: Buyer agents guide their clients through the purchase and sale agreement, ensuring that they understand the terms and conditions and their ability to fulfill their commitments.

Contingency explanation: Buyer agents explain all contingencies to buyers, ensuring they understand the risks and rewards, especially when waiving contingencies.

Earnest money handling: Buyer agents ensure that earnest money funds are delivered to escrow on time.

Transaction deadlines: Buyer agents ensure that their client and their lender observe and adhere to all deadlines to keep the transaction flowing smoothly and closing on time.

Inspection access: Buyer agents provide access to home inspectors and help their buyers understand the reports. This is critical as most MLS associations require an agent to be present whenever a door is opened. If the buyer doesn’t have representation, the listing agent must give access, exposing them to inspection findings and forcing them to disclose on behalf of the seller.

Appraisal assistance: Buyer agents give access to appraisers and typically provide reports of comparable properties to support the purchase price, ensuring the property appraises at value.

Negotiation support: If the appraisal report comes in less than the purchase price, the buyer agent will help negotiate and collaborate with the listing agent to ensure a mutual agreement is reached by all parties.

Transaction coordination: Most importantly, the buyer broker helps keep their client and all parties on track to ensure closing, and crucially, on time.

The value a buyer agent brings to the transaction is indispensable. Their expertise not only facilitates a smoother process but also protects all parties involved from potential pitfalls. By ensuring the buyer has professional representation, sellers can avoid significant risks and secure a successful transaction.

In the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.

**Good talking points with your seller if they're not wanting to pay a buyer's agent a commission. Perhaps creating a slide in your listing presentation with some or all of these points would be valuable. **

https://www.kcrea.com/listing/30862823Office Condo for lease. Great LOCATION. Click on the link above for more details.
02/05/2024

https://www.kcrea.com/listing/30862823

Office Condo for lease. Great LOCATION. Click on the link above for more details.

Office Property For Lease, Executive Suites, Governmental, High-Tech, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other, Louisville, Kentucky: 960 SF, listed by: Jasmin Ahmed - EXP Realty LLC

Heartiest Congratulations to Aman , Ghasan and Sarah on your great achievement of being a home owner. What a start of a ...
01/26/2024

Heartiest Congratulations to Aman , Ghasan and Sarah on your great achievement of being a home owner. What a start of a new year!

Girls day out with Rachana and Nanda in Lexington.
01/26/2024

Girls day out with Rachana and Nanda in Lexington.

New Listing! Beatiful brick home three bedrooms, two baths with finished basement with a family room and an office.  One...
01/19/2024

New Listing! Beatiful brick home three bedrooms, two baths with finished basement with a family room and an office. One car attached garage. $219,900.

Look No further! Ready to Move In. Beautiful all Brick three Bedrooms, ,two Baths . One full bath on the first floor with three bedrooms, Formal living and and Formal dining, and another Half Bath, an office or hobby room in the FINISHED Basement with a large family room and an office. Kitchen is re...

Address

8923 Stone Green Way #200
Louisville, KY
40220

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