Category: Uncategorized
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Open houses can go one of two ways. Smooth and controlled, or chaotic and uncomfortable for everyone involved. The difference usually comes down to planning and knowing how to read the room before the first buyer even walks in. ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐ ๐ต๐ผ๐๐ ๐ฎ๐ป๐ ๐ผ๐ฝ๐ฒ๐ป ๐ต๐ผ๐๐๐ฒ, ๐ ๐ฐ๐ต๐ฒ๐ฐ๐ธ ๐บ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐บ๐ฒ๐๐ฟ๐ถ๐ฐ๐. I look at how many…
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Letโs clear something up. There is absolutely nothing wrong with hiring a real estate agent who is competitively priced. You should be thoughtful about fees. This is a business decision. But thereโs a big difference between competitive and Bargain Bin Bobby. ๐ช๐ต๐ฒ๐ป ๐๐ผ๐ ๐ฐ๐ต๐ผ๐ผ๐๐ฒ ๐ฎ๐ป ๐ฎ๐ด๐ฒ๐ป๐ ๐ฏ๐ฎ๐๐ฒ๐ฑ ๐ผ๐ป ๐๐ต๐ผ ๐๐ถ๐น๐น ๐๐ฎ๐ธ๐ฒ ๐๐ต๐ฒ ๐น๐ฒ๐ฎ๐๐, ๐๐ผ๐โ๐ฟ๐ฒ ๐ป๐ผ๐…
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Thereโs a pattern right now. Homes hit the market, sit with no real interest, and quickly go stale. Some agents miss the details that actually drive value. And in this market, those details matter. Not all properties trade the same just because they share a location. Pricing them like theyโre interchangeable is a mistake. Thereโs…
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A property isnโt truly โvacantโ just because you plan for it to be. If thereโs a tenant in place, your sale comes with an extra layer of risk. Not every tenant needs to be served notice immediately. Some are cooperative and helpful. But you have to be realistic. A tenantโs behavior can change quickly once…
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Your sale price is the starting point. Your net is whatโs left after everything comes off the top. And those numbers add up quickly. ๐๐๐ง๐จ๐ฉ ๐๐ฃ๐ ๐ช๐จ๐ช๐๐ก๐ก๐ฎ ๐ก๐๐ง๐๐๐จ๐ฉ ๐๐จ ๐ฎ๐ค๐ช๐ง ๐ข๐ค๐ง๐ฉ๐๐๐๐/ ๐ก๐๐ฃ๐ ๐ค๐ ๐๐ง๐๐๐๐ฉ ๐ฅ๐๐ฎ๐ค๐๐. If you have a loan, it gets paid in full at closing including your balance, interest through the day of…
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One of the biggest misconceptions I see when pricing homes is the belief that every dollar spent on renovations automatically increases the value of the property. It doesn’t work that way. Some improvements consistently help resale value. Others were wonderful for your own enjoyment but do very little for the market. But here’s the truth-…
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One of the easiest ways for a realtor to win a listing is to promise the highest price.Sometimes I simply refuse to do that. There have been many appointments where I sat down with a seller, reviewed the numbers, and told them something they did not want to hear. Occasionally that means I lose the…
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I see properties mispriced all the time, and very often theyโre listed by agents who donโt actually live and work in this area. There are real distinctions between Hamilton Beach, Old Howard Beach, New Howard Beach, and Lindenwood. When those differences are missed, pricing and marketing are off from day one. Iโve seen open houses…
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Everyone thinks their deal will be easy.โItโs a simple purchase.โโNo issues.โโClean deal.โIt almost never is. ๐ฅ๐ฒ๐ฎ๐น ๐ฒ๐๐๐ฎ๐๐ฒ ๐ถ๐ ๐ถ๐๐ ๐ผ๐๐ป ๐ฎ๐ป๐ถ๐บ๐ฎ๐น, ๐ฎ๐ป๐ฑ ๐๐๐ถ๐ป๐ด ๐ฎ๐ป ๐ฎ๐๐๐ผ๐ฟ๐ป๐ฒ๐ ๐๐ต๐ผ ๐ฑ๐ผ๐ฒ๐๐ปโ๐ ๐ณ๐ผ๐ฐ๐๐ ๐ผ๐ป ๐ฟ๐ฒ๐ฎ๐น ๐ฒ๐๐๐ฎ๐๐ฒ ๐ฐ๐ฎ๐ป ๐พ๐๐ถ๐ฒ๐๐น๐ ๐ฑ๐ฒ๐ฟ๐ฎ๐ถ๐น ๐ฎ ๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐ผ๐ ๐ฒ๐๐ฒ๐ป ๐ฟ๐ฒ๐ฎ๐น๐ถ๐๐ฒ ๐๐ต๐ฎ๐โ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ถ๐ป๐ด. ๐๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ ๐ถ๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ๐: โก๏ธ ๐๐๐๐ก ๐๐จ๐ฉ๐๐ฉ๐ ๐ฉ๐๐ข๐๐ก๐๐ฃ๐๐จ ๐๐ง๐ ๐๐ญ๐ฉ๐ง๐๐ข๐๐ก๐ฎ ๐จ๐๐ฃ๐จ๐๐ฉ๐๐ซ๐.Contracts, rider negotiations,…
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True story I wish wasnโt so common. Another agent asked to show one of my co-op listings. Their buyer has a 50% DTI. This building requires 33% or less. When I asked about it, the agent didnโt even know what DTI meantโฆ yet had a full day planned showing co-ops the buyer cannot qualify for.…