Profitable Moves: Selling Your Home with Success
Introduction
Selling a home can be a daunting and emotional process. Whether you're relocating, downsizing, or looking for a bigger space, one thing remains constant - you want to maximize your profit. In this comprehensive guide, we will walk you through the essential steps to ensure a successful and profitable home-selling journey. From prepping your home for sale to negotiating the best price, we've got you covered.
Listen in as Rick along with Co-Host Karey Kendrick tackle this critical topic.
![Rick Kendrick Real Estate Show Episode 004](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Rick-Kendrick-Real-Estate-Show-Episode-004.png)
![Rick and Karey Kendrick](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Rick-and-Karey-Kendrick-scaled.jpg)
![Rick Kendrick Radio Show Profitable Moves](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Rick-Kendrick-Radio-Show-Profitable-Moves.png)
Hosts of Episode #4
![Rick Kendrick Radio Show](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/06/Rick-Kendrick-Radio-Show.png)
![Logo Your Home Sold Guaranteed Realty Logo Your Home Sold Guaranteed Realty](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2022/12/Logo-Your-Home-Sold-Guaranteed-Realty.png)
Rick Kendrick
Listen in to this week's episode where Rick and Karey discuss the latest market statistics for the South Florida real estate market. Additionally they provide listeners key tips to sell for more money. Rick is a Palm Beach Real Estate agent who hosts his own weekly radio talk show and podcast on a wide variety of real estate topics.
![Karey Kendrick Karey Kendrick](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Headshot-Karey.png)
![Logo Your Home Sold Guaranteed Realty Logo Your Home Sold Guaranteed Realty](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2022/12/Logo-Your-Home-Sold-Guaranteed-Realty.png)
Karey Kendrick
Meet Karey Kendrick, your expert co-host for all things real estate on our podcast! With an impressive career spanning over 25 years, Karey is a seasoned and accomplished real estate broker. Her wealth of knowledge and experience in the industry make her the go-to authority for all matters related to buying, selling, and investing in properties.
Karey's passion for real estate began early in her life, and she has since dedicated herself to helping countless clients achieve their dreams of homeownership and financial success. Her keen eye for market trends, negotiation prowess, and client-centric approach have earned her a stellar reputation among peers and clients alike.
Beyond her professional accomplishments, Karey's friendly and approachable demeanor ensures that listeners will find her insights and advice accessible and relatable. She has a unique talent for breaking down complex real estate concepts into simple, actionable steps, making her an invaluable resource for both seasoned investors and first-time homebuyers.
Join Karey Kendrick and our team as we dive into the exciting world of real estate, uncovering industry secrets, debunking myths, and providing valuable tips to navigate the ever-changing landscape of the property market. Whether you're a curious enthusiast or a seasoned investor, Karey's expertise is sure to elevate your understanding and appreciation of the fascinating world of real estate.
Listen to the Show
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Tips for a Profitable Move
Assessing the Market
Before you put your home on the market, it's crucial to understand the current real estate market conditions in your area. Research recent home sales in your neighborhood, consider average days on the market, and assess the demand for homes like yours. This information will help you set a realistic and competitive asking price for your property.
Enhancing Curb Appeal
First impressions matter, and the exterior of your home is the first thing potential buyers will see. Enhancing your home's curb appeal can make a significant difference in attracting buyers. Simple tasks like mowing the lawn, trimming hedges, and adding fresh flowers can breathe new life into your property. Repainting the front door and updating the mailbox are cost-effective ways to create an inviting atmosphere.
![The ultimate guide to selling your home with success The ultimate guide to selling your home with success](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/The-ultimate-guide-to-selling-your-home-with-success.png)
Depersonalize and Declutter
When potential buyers visit your home, they want to envision themselves living there. Remove personal items such as family photos and personal memorabilia. Decluttering is equally essential, as it makes your home look more spacious and organized. Consider donating or storing items you no longer need to give your home a clean and welcoming appearance.
Professional Home Staging
Investing in professional home staging can significantly impact how buyers perceive your property. Staging helps highlight the best features of your home while downplaying any potential flaws. It creates an atmosphere that allows buyers to picture themselves living in the space, increasing the chances of a quicker sale at a higher price.
![Selling your home in a competitive market Success strategies Selling your home in a competitive market Success strategies](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Selling-your-home-in-a-competitive-market-Success-strategies.png)
Marketing Your Property
To attract potential buyers, you must market your property effectively. Work with a reputable real estate agent who has experience in your local market. A skilled agent will develop a marketing strategy that includes professional photography, engaging property descriptions, and online listings on various platforms. Utilizing social media and hosting open houses can also widen your property's exposure.
Price It Right
Setting the right price is critical to selling your home successfully. While it might be tempting to overprice your property with the expectation of negotiating down, an inflated price can turn away potential buyers. An experienced real estate agent can help you analyze market data and determine a competitive and attractive price that aligns with your goals.
![Increasing home value before selling Profitable moves to make Increasing home value before selling Profitable moves to make](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Increasing-home-value-before-selling-Profitable-moves-to-make.png)
Negotiation Skills
When offers start rolling in, negotiation skills become crucial. Be prepared for counteroffers and understand your bottom line. A skilled real estate agent can guide you through this process, ensuring you strike a fair deal that satisfies both parties. Be open to compromising on certain terms while standing firm on your priorities.
Complete Necessary Repairs
Before listing your home, it's essential to address any necessary repairs. A pre-inspection can help identify potential issues that might arise during the buyer's inspection. Fixing these problems before listing can prevent last-minute surprises and boost buyer confidence in your property's condition.
![Maximizing profits Successful strategies for selling your home Maximizing profits Successful strategies for selling your home](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Maximizing-profits-Successful-strategies-for-selling-your-home.png)
Timing the Sale
Timing can play a vital role in the success of your home sale. While it's challenging to predict market fluctuations, certain seasons and local factors can influence buyer demand. Consult with your real estate agent to determine the best time to list your home for sale.
Handling the Closing Process
As the sale progresses, you'll reach the closing process, which involves legal paperwork, title transfers, and escrow. Having a knowledgeable real estate agent or attorney to guide you through this stage will ensure a smooth and successful closing.
![Top tips for selling your home quickly and profitably Top tips for selling your home quickly and profitably](https://yourhomesoldguaranteedrealty-rickkendrickteam.com/wp-content/uploads/2023/07/Top-tips-for-selling-your-home-quickly-and-profitably.png)
Conclusion
Selling your home with success requires careful planning, preparation, and the expertise of a real estate professional. By assessing the market, enhancing curb appeal, staging your home, and employing effective marketing strategies, you can attract potential buyers and maximize your profit.
Remember to price your home competitively and be prepared for negotiations during the offer stage. With the right approach, you can achieve a successful and profitable home sale that meets your goals and sets you up for your next exciting chapter in life.
Transcript of Episode #4
Dave Sturgeon
Host
00:00
Welcome to the Your Home Sold Guaranteed radio show, where you get advice you can trust from the latest real estate trends to the best mortgage rates, from curb appeal to home warranty. This is the show that will help you save and make the most money when it comes to buying or selling your most valuable asset. Now here's your host, broker and founder of Your Home Sold Guaranteed Realty of Florida, Rick Kendrick.
Rick Kendrick
Host
00:25
Hey, happy Sunday everybody. Rick Kendrick, Your Home Sold Guaranteed Realty. You know we just love the opportunity to be on radio show with our listeners and talk a little bit about the you know, the market and what's going on in the real estate market. It's pretty important. I think our last two shows were pretty cool.
00:40
We had some some folks on here that knew a lot about the market. We had Eric Rosemary with Crosscountry Mortgage on he's. You know he comes to us for about 20 years of experience and he gave us the low down to what's going on in the market as far as interest rates are concerned and he talked about the process that you go through. He was able to talk a lot about getting a loan approved and getting a loan commitment in 21 days. That's big. When you're selling or you're taking a contract to a seller, a seller wants everything done as quickly as possible Inspection, loan commitment, closing so we had a good discussion with Eric about that.
01:19
The other one we had was a performance title. Wow, you know Cherisma was really good. She gave us some really great details on that process from contract to closing. Having that situation where buyers and sellers do not know what happens after they sign that contract becomes a situation where they're calling us all the time, asking us what's next, what's next? So those crucial points that she brought out was some really, really great things and ultimately, like she said, we got to get them to the closing table with the least amount of hassle. And that's where performance titles comes into play. By the way, you know, you can hear these shows again on podcasts, Karey, how can we do that?
Karey Kendrick
Host
02:05
So if you visit Rick's website at rickhasthebuyerscom, you'll see his radio show button in the top right corner. If you just click on that, you will be able to download the episodes and listen to them on your favorite podcast provider on your phone.
Rick Kendrick
Host
02:20
So I have the big cheese in this. This morning, Karey and her and I are going to kind of just drill into a little bit of the market here and kind of give you some real bare facts of what's happening on the market. When you look at the market facts on a national level, what you see on TV, right, Karey, what you're seeing is, you know, sometimes they talk about all the doom and gloom, right, but we're in Florida. There's a little bit more to be said than that.
Karey Kendrick
Host
02:44
Oh, absolutely so. A lot of misinformation out there. As we know, real estate is extremely local, in regional, of course, so what is going on in one region of the country isn't necessarily what we're experiencing here in our marketplace.
Rick Kendrick
Host
02:58
We have 20,000 people in our database. They're actually looking to make a purchase, okay, and they're looking for a particular type of house. We have one particular buyer that's looking for something. He's in that million dollar range, but we'll talk a little bit more later on about that. But we do have buyers that are pre-approved and ready to hit the market. So, Karey, kind of tell me what's what's happening in the market.
Karey Kendrick
Host
03:20
So you know the end of each month the stats come out about what's happening and you know we get statistics on inventory, how many months of inventory there is available in our marketplace. We get stats on what's happening with the days on the market are they trending up, are they trending down? Of course you know your average and your median home sale price. And then the inventory one I think is the big one that everyone is most concerned about and that would potentially affect everyone's property values, right? So if the flood of properties end up coming on to the marketplace, then that of course, is going to affect everybody's property values.
03:58
We kind of look at it from like where were we last year compared to where we are this year?
04:02
So last year, you know, we were just coming off of COVID we had like historically low inventory, between like one and two months of inventory, and we did start to see that inch up in the second half of last year once the interest rates started rising and of course everybody got very concerned. So if you actually look at the trend line so far this year, we're hovering around three to four months of inventory right now. Okay, that's double what it was last year, but in reality, a six month inventory level is kind of what we consider like a balanced market. So we are still in a very strong seller's market right now and I'm sure, rick, you could speak to that of the multiple offers that we are seeing on a lot of properties out there. We do still have buyers who are competing against other buyers and really have to put their best foot forward when they're making an offer on a property and that's exactly what we're going to be talking about today.
Rick Kendrick
Host
04:56
We're going to go over the market facts and sellers, please. The market facts are crucial on how you price your property. These numbers that we're giving you are numbers that are relative to what's happening in our local market. All right, and keep in mind, I'm not saying listing, I'm saying market. We're going to talk about that later because really, what we do is that we do not list your property, we market your property. So, on the average, how many days are homes on the market?
Karey Kendrick
Host
05:26
Okay, so right now, a little less than two months is the average days on the market. So again, we're going to compare that to last year so that we have some perspective here. Last year properties were on the market on average about 30 days and so now they're on the market average just under two months. Let's just think about what happened during the last market crash, right, which everybody's trying to compare the current market to. There was a point back then where the average days on the market was 225, 250 days on the market. So we're still nowhere near that at all.
06:00
If you're out there and you're listening and you're finding yourself in a situation right now where you may have your property listed with an agent which I know because of the Radio Chanel, Rick has been getting a lot of calls and from some sellers who have been on the market for months and months and they're just not seeing the results that they would have expected. Rick, can you speak to why you feel like they may be in those situations and why they're not selling and less than the average, which is two months?
Rick Kendrick
Host
06:28
We just listed one last week, that particular scenario the seller had been on the market for 239 days. The seller became very frustrated and, honestly, every time she called to get the agent out there to do things to market the property, they weren't doing it effectively. Now there are many reasons why a home will not sell. It could be the condition of the house, it could be the price that they priced it at, it could be the area that they're in. All these are conditions that are relative to how you price it. Pricing strategy is a very big thing here and I'm glad we're going to talk about that today because, honestly, if you price it right, we can show you graphically, graphically, how you're going to be able to get a contract or get your place on the contract within 30 days. Kerry, just one more thing I'm really curious about the prices of homes. How are they doing?
Karey Kendrick
Host
07:23
They're actually sort of remaining steady. Believe it or not, we're not seeing any drastic downturn in the average price or the median price. I think the median price is kind of holding steady, like maybe like a 1% increase from this time last year, and the average price is up, you know, maybe 3 to 5 percentage points from this time last year.
Rick Kendrick
Host
07:43
And I can safely say that prices are still very healthy for this market, and so we're going to talk about the pricing strategy. There is a system that we have. It's a nine-step system that can get your house sold quickly and fast with the least amount of household. But anyway, we're going to go over that. After the break they tune this is your home sold. Guarantee. Reality show Rick Kendrick.
Dave Sturgeon
Host
08:05
The schedule and appointment with Rick Kendrick to help you buy or sell your home. Call 561-901-3333 or go to rickhasthebuyerscom. Rick will be right back with more of the your Home Sold. Guaranteed Radio Show here on News Talk 850 WFTL.
Jennifer Ross
Host
08:27
I can't tell you how many times I hear people say I'm not really crazy about the real estate agent I'm using. Can you suggest anybody? Hi, it's Jennifer, of course I can. My friend Rick Kendrick, from your Home, sold Guaranteed Realty of Florida and you're like well, why, Rick? Let me put it to you this way Rick is so confident in his marketing system to attract the right buyer for your home that he guarantees to sell your home at a price and a timeline that you all agree to, or he'll buy it for cash, for example.
08:53
Take Anantobi. Okay, they were concerned that the market might shift. They didn't want to risk losing any of the equity they had built in their Port St Lucie home, so they decided to go ahead and sell. When they learned that Rick sells homes for 5.2% more than the average agent, they hired him almost instantly. Boom, they came away with an extra $26,000 in their pocket. The extra cash allowed Anantobi to pay off debt and downsize into a lovely waterfront condo and steward. Just another success story for why you should pick Rick Kendrick to be your real estate agent. Give him a call, 561-901333, or visit rickhasthebuyerscom.
Eric Rosemary
Host
09:29
Hi, I'm Eric Rosemary, branch manager at Cross Country Mortgage in Boca Raton. If you're deciding which lender to trust, whether you're purchasing or refinancing, I would love the opportunity to work with you. Over my 20-year career, I've helped close to 10,000 families buy or refinance the place they call home. Despite what you're hearing about interest rates, you might be surprised, as what we can do for you, let's talk, call or text me at 954-312-3104 or visit rosemarymortgageteamcom.
Cherisma Esteva
Host
09:59
Hi, I'm Sharisma Stave, Director of Operations and Licensed Closing Agent with Performance Title, your trusted partner in Florida. When the conversation with your realtor or mortgage broker turns to title insurance, make sure you ask for performance title. With over 17 years' experience, we've become a dedicated member of our community and a valuable resource to our clients. Join the performance title family today. Call me at 954-748-4890 or visit us online at performtitlecom. That's performtitlecom.
Dave Sturgeon
Host
10:32
If you're ready to buy or sell your home and would like to schedule an appointment with Rick, call 561-901-3333 or go to rickhasthebuyerscom. Now back to the your Home Sold Guaranteed Radio Show and your host, rick Kendrick.
Rick Kendrick
Host
10:48
Hey, welcome back. So we got a ton of information we want to share with you today on strategies to use as a seller If you're looking to put your place on the market. Not only are we going to talk about pricing it correctly, but also what we're going to talk about is the aspect of a lot of times sellers get very nervous about putting their place on the market and not having a place to go Carry Price and strategy. I've learned this over the years. I always just wanted to get the listing right and you would always roll your eyes when I brought it home and I said here's a new listing. It was priced $200,000 more, right.
Karey Kendrick
Host
11:22
Absolutely.
Rick Kendrick
Host
11:23
Yeah, it was like why did you take it? Why did you do this? Well, that's what the seller want. It's not what the seller wants, right, it's what the bank will do. Okay, the bank says to us this is what it's worth. Now, sellers, I'm not criticizing what you've done to your place. We got to look at not only how we market it Very important but how you price it.
Karey Kendrick
Host
11:46
So I'd say that pricing your home is counterintuitive to most folks. So in your mind you say, okay, well, my house is worth 400,000, that's what the market says it's worth, that's what an appraisal would value it at. So you say, well, I want to get the most money, so let's come out on the market at like 450. And that's the exact opposite strategy that you should be taking on, because all the buyers, okay, that are in the market, are waiting right, patiently waiting for the perfect property to pop on the market, and so if your home meets their criteria and it's priced to sell, you're gonna get the most eyeballs on it very quickly.
Rick Kendrick
Host
12:26
The first seven to ten or eleven days is when the buyers are really out there.
Karey Kendrick
Host
12:30
Yes, so statistics show that 89% of the buyers will actually look at your home within the first three weeks that it's on the market. So if you come out and you're way overpriced, you're gonna miss 90% of the buyers that are on the marketplace and my earlier years.
Rick Kendrick
Host
12:46
I got to say I had one listing had a price two hundred thousand dollars over. I had 60 showings, no offers and the property becomes stale, right?
Karey Kendrick
Host
12:54
the buyers out there who are seeing it online they all have access to a lot of information, right, so they can see how long the property has been on the market and they start wondering to themselves, like, what's wrong with this property?
Rick Kendrick
Host
13:06
sellers. We're not criticizing the price you want. What we're saying is if you really want to sell this house, price it right. In the long run You're gonna be very happy. So when I sit down with a seller, I tell them right off the bat Listen, there are. People are already looking in your area, all ready to go. It's just the fact. Are you gonna be able to grab them when they look at the price? Because they they've studied the market. This is the area where they want to live. This is the right amount of bedrooms, this is the right amount of bathrooms. This is what they've been looking for and their first five or six days, if we do not get showings, I tell them I'm coming back and knocking on your door because we got to go back to the drawing board here. Does that make sense?
Karey Kendrick
Host
13:50
Absolutely. I think the big thing that you're getting at is you have to be hiring an agent, working with an agent who has a plan in place, right, and Rick does actually have a great pricing strategy guide that he has put together and I believe he's offering it to the listeners. If you'd like to receive the pricing strategy guide, you can text him at 561-901-3333 561-901-3333.
Rick Kendrick
Host
14:18
So it's titled the pricing strategy. Since about six, seven pages, I can shoot that to you. There's another, what I say pretty interesting information that we can provide them to. There's six mistakes to avoid when selling your place 27. This is another one we can just send to you 27 valuable tips you should know to get your home sold for the top dollar. All these are available to you no charge. Just text me at 561-901-3333 or go to Rick. Has the buyers calm. So, with that in mind, carry in the first seven to ten days. Most of the buyers are going to be coming and looking at that property. What if in that first seven or ten days we don't get an offer? What's that telling us?
Karey Kendrick
Host
15:05
That's telling us that we're off the mark as far as pricing is concerned.
Rick Kendrick
Host
15:09
What if we do not get any showings on it?
Karey Kendrick
Host
15:13
Then we're off a little farther from the mark.
Rick Kendrick
Host
15:15
Okay, when I sit down with sellers now I'm very frank with them. Okay, you want people coming in here. You don't want a bunch of people coming in here and not writing offers, right. So here's what you want. You want people walking in here, looking at your property and saying this is what I want to offer, based on market conditions and what do you think it's going to be worth? Okay, but remember that may be using an agent, all right, and the agents giving them what we call comparable's are other sales in area. So that's what they look at. They're not coming in their blindside and say I love your place, I don't care what it costs, I want to buy this place now.
15:55
Every once in a great great while that happens, but more times and not, it does not happen. So a buyer does walk into your place. They like it, if they don't make an offer. Just to let you know what we do, we do a little bit called reverse prospecting. If, well, you can have a buyer that walks in and they're keenly interested in the property and they don't want to make an offer because, believe it or not, there they say I'm kind of embarrassed to make make an offer. So what we do is that we tell the seller, make an offer to the buyer to get the communication going.
Karey Kendrick
Host
16:30
Yeah. So I'd say that communication between the seller and the agent that the seller has chosen, obviously, is a big one. Right to have somebody who is willing to commit to sit down with you on a weekly basis and review Okay, how many people have been coming to your home? What sort of feedback have we been getting? Okay, not just on the price, but also on the condition. And then, like, what have we been doing to create the activity that's needed in order to get eyeballs on your property? The more buyers that see your property, the more demand there is, and that drives up the price. But it is a collaborative affair, and so your agent has to be able to be upfront with you, and you have to be willing to receive that feedback, because, ultimately, you've hired them to sell your home.
17:19
So, aside from price, though, there are statistics that show everybody is going online and looking at images of your property. Okay, whether that is still images or video images, floor plans, interactive floor plans and whatnot, they give you five clicks. Okay, I just wanna say that to everybody listening. You get five clicks to make a good impression on a buyer, otherwise they're gonna move on to the next property. So spending the money on professional photography is something that a lot of brokers or a lot of agents don't do, right, because they're trying to save money.
17:55
But the reality is is like that couldn't be more important in today's digital world. So how your property looks online is key. In some cases you see agents that post 150 pictures of your property online and in your mind you may be thinking, wow, they're doing a really great job because they've taken six angles of my den. Well, maybe your den is like really messy and small. Maybe you should consider not even putting that image out there. So there's a lot of things that go into creating demand and getting people in your door to look at the property and to experience the property and to try to see themselves living in your home.
Rick Kendrick
Host
18:36
I think offering the right amount of quality pictures are very important in getting that buyer to look at it right. Not preparing your home for the buyer's eye is critical. Not pricing the home to what the market is is critical. Having a buyer sold too hard can be critical. After the break we're gonna be talking more about profitable moves and selling your home with success. This is Rick Kendrick with your home sold guarantee radio show.
Dave Sturgeon
Host
19:06
The schedule and appointment with Rick Kendrick to help you buy or sell your home. Call 561-901-3333 or go to rickhasthebuyerscom. Rick will be right back with more of the your home sold. Guaranteed radio show here on News Talk 850 WFTL.
Eric Rosemary
Host
19:28
Hi, I'm Eric Rosemary, branch manager at Cross Country Mortgage in Boca Raton. If you're deciding which lender to trust, whether you're purchasing or refinancing, I would love the opportunity to work with you. Over my 20-year career, I've helped close to 10,000 families buy or refinance the place they call home. Despite what you're hearing about interest rates, you might be surprised, as what we can do for you, let's talk, call or text me at 954-312-3104 or visit rosemarymortgageteamcom.
Jennifer Ross
Host
19:57
Hi, it's Jennifer Ross and you know if you've been thinking about selling your home, you already know that the only agent that I would recommend to you is my friend, rick Kendrick. He's a broker and founder of your home sold guaranteed Realitea Florida. Now what about the listener who would love Rick to sell but doesn't want to deal with the headaches of cleaning, staging, holding open houses and all that other stuff?
Rick Kendrick
Host
20:17
Well, jen, we have the perfect solution. First of all, we always like to make our traditional home selling process stress-free. But for the listener who doesn't want to fix up their place, who is inherited a home or simply wants a fast, hassle-free sale, we can make them an immediate cash offer and for that seller to get the most amount of money for their home.
Jennifer Ross
Host
20:37
Come on, you can do that.
Rick Kendrick
Host
20:38
Absolutely, Jen. We'll come right over, praise a home, make you a fast, fair cash offer and close as little as three weeks Cash in your hand Hard to beat it.
Jennifer Ross
Host
20:48
Call Rick Kendrick right now, 561-90133333. That's 561-90133333. Or visit RickHasTheBuyerscom.
Cherisma Esteva
Host
20:59
Hi, I'm Sharisma Stave, Director of Operations and Licensed Closing Agent with Performance Title, your trusted partner in Florida. When the conversation with your realtor or mortgage broker turns to title insurance, make sure you ask for performance title. With over 17 years experience, we've become a dedicated member of our community and a valuable resource to our clients. Join the performance title family today. Call me at 954-748-4890 or visit us online at performtitlecom. That's performtitlecom.
Dave Sturgeon
Host
21:32
If you're ready to buy or sell your home and would like to schedule an appointment with Rick, call 561-90133333 or go to RickHasTheBuyerscom. Now back to the your home sold guaranteed radio show and your host, rick Kendrick.
Karey Kendrick
Host
21:48
Okay so, rick. So as far as like pricing strategies, right. So obviously the sellers that are hiring you don't always listen to you and sometimes they do list their home for a little bit higher than what you would have wanted them to. But let's say you get an offer, okay, that's low. Do you encourage the seller to counter the offer or how do you go about handling that process?
Rick Kendrick
Host
22:08
Absolutely Always counter the offer. For an example okay, we just had a contract signed yesterday home in Port St Lucie. The offer was really not attractive to the seller. It was not only the price but the terms and conditions.
22:25
Whenever we receive an offer, it's a situation where we kind of dissect it. We first of all make sure we get a pre-approval letter, not a pre-qualification. In this instance, we had gotten from a 1-800 lender a pre-qualification from this lender. What that means is that the buyer had not gone through the process needed to verify their funds. So what we did is that we negotiated in behalf of the seller to get the buyer to put down $300,000 on the offer price so we could get the seller to just sign it. But, more importantly, what we got is that we got a seven-day inspection. We got a 21-day little commitment on a $400,000 sale. These are the things that we do. We just don't take for granted when we get a deal that it's ready to go right off the bat and we're going to sign it. We want to make sure the seller is going to have a hassle-free, smooth closing at the end.
Karey Kendrick
Host
23:23
So, rick, oftentimes sellers are extremely concerned about the process of moving right, like, do I sell first or do I buy first? So if that's a concern to somebody, how do you handle it? Do you encourage them to put their home on the market first, or to go out and buy a house and then put their place on the market?
Rick Kendrick
Host
23:40
These are the ones I love. I really want a situation where I can get a seller who's looking to either move up or they're looking to downsize, or they're looking to move somewhere else and they get very nervous about the situation, and it's understandable, right? Here's the thing. What we do is we sit down with them and go listen. First of all, just want you to understand any time we bring an offer to you, if it doesn't meet the terms and conditions that you're looking at time, price you don't have to sign. What you need to do is go ahead and list your property. And why? Because if you're going to go out and look at property and make an offer on the property, you need to have your property on the market, because that's telling the seller that you are generally ready to go. That makes sense, Karey.
Karey Kendrick
Host
24:29
Absolutely.
Rick Kendrick
Host
24:30
Once we get them on the market, then what we're able to go out and make offers on properties contingent on them selling their place. A lot of times when you look at that, a seller sometimes will say I do not want to make my property contingent on somebody else selling their place. Well, what we do is we provide them not only the contract but on top of that we show them the comparables that are selling in the area and that this house with a pricing strategy that is going to sell within the next 30 to 45 days. Just to let you know two things that we do here If we have a buyer, walk into the seller's property okay, and they got a house to sell that we will buy their house so they can buy their house. Our guarantee also is that if they're looking to sell their place, that we will guarantee the sale of their place so they can go ahead and move forward on buying another place.
25:28
So here we are. We're looking at the best buy of the week. We have this feature listing. It's actually in Fort Lauderdale. It's a two bedroom, two bath condo, about 1200 square feet, beautiful. The seller just spent about $100,000 through remodeling on it. It's priced at $529. The view on this property is incredible. So again, it's $529. It's a two bedroom, two bath condo, 1200 square feet, in Fort Lauderdale. Our buyers are waiting Again. Like I said, we have about 19,000 buyers ready to go that have been pre-approved, but we have one particular buyer it's looking in that price range of about $900 to a million bucks in the Jupiter area, pre-approved buyer who's going to be putting down at least 40%. If you're interested in maybe me coming out and taking a look at the property, be happy to take a look at it. I'll give you a free market evaluation on it and on top of that, if this fits his needs, I would like to set up an appointment to show it to him. You can text me at 561-901-333 or rickhasthebuyerscom. So, Karey, you got any final comments?
Karey Kendrick
Host
26:35
So yeah, Rick. So I'd just like to remind all of our listeners of our Go Serve Big Mission, where we are on a mission to raise $25,000 this year for charities in our area. So the two that we've been highlighting most recently are Little Smiles and LEAF, the Law Enforcement Assistance Foundation. So if you or anybody you know is considering a move in our market area, southeast Florida, we'd be happy to speak with them. So if you know any neighbors, friends, coworkers, just give Rick a shout.
Rick Kendrick
Host
27:07
With that in mind, thank you for taking time to listen to us today. This is Rick Kendrick, with Your Home Sold Guaranteed Realty show serving the Southeast Coast of Florida and all our networks extends out from all across the country, including Canada. We look forward to meeting you next week. Tune in every Sunday at 10 am at WFTL 850 News Talk.
Dave Sturgeon
Host
27:29
You've been listening to the your Home Sold Guaranteed Radio Show with broker owner Rick Kendrick Heard every Sunday morning here on News Talk 850 WFTL. Rick's company name is his promise your Home Sold Guaranteed Realty, to speak directly to Rick about buying or selling your home. Call now to schedule an appointment at 561-901-3333, or visit rickhasthebuyerscom and mark your calendar to join Rick again next week at the same time for the your Home Sold Guaranteed Radio Show here on News Talk 850 WFTL.