Introduction 

Are you considering the leap to a larger home? Whether you're a seasoned homeowner or just moving up the property ladder, there are crucial factors to keep in mind to ensure a smooth transition. In our latest podcast episode, "6 Mistakes to Avoid When Moving to a Larger Home," we're here to guide you through the intricate process of upsizing.

6 Mistakes to Avoid When Moving to a Larger Home

". . . you have to sell your present home at exactly the right time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to live during the gap between closings"

Unlike the experience of buying a first home, when you're looking to move-up, and already own a home, there are certain factors that can complicate the situation. It's very important for you to consider these issues before you list your home for sale.Not only is there the issue of financing†to consider, but you also have to sell your present home at exactly the right time in order to avoid either the financial burden of owning two homes or, just as bad, the dilemma of having no place to live during the gap between closings.
Six Strategies

In this report, we outline the six most common mistakes homeowners make when moving to a larger home. Knowledge of these six mistakes, and the strategies to overcome them, will help you make informed choices before you put your existing home on the market.

1. Rose-colored glasses

Most of us dream of improving our lifestyle and moving to a larger home. The problem is that there's sometimes a discrepancy between our hearts and our bank accounts. You drive by a home that you fall in love with only to find that it's already sold or that it's more than what you are willing to pay. Most homeowners get caught in this hit or miss strategy of house hunting when there's a much easier way of going about the process. 

For example, find out if your agent offers a Buyer Profile System or House-hunting Service, which takes the guesswork away and helps to put you in the home of your dreams. This type of program will cross-match your criteria with ALL available homes on the market and supply you with printed information on an ongoing basis. A program like this helps homeowners take off their rose-colored glasses and, affordably, move into the home of their dreams.

2. Failing to make necessary improvements

If you want to get the best price for the home you're selling, there will certainly be things you can do to enhance it in a prospective buyer's eyes. These fix-ups don't necessarily have to be expensive. But even if you do have to make a minor investment, it will often come back to you tenfold in the price you are able to get when you sell. It's very important that these improvements be made before you put your home on the market. If cash is tight, investigate an equity loan that you can repay on closing.

3. Not selling first

You should plan to sell before you buy. This way you will not find yourself at a disadvantage at the negotiating table, feeling pressured to accept an offer that is below-market value because you have to meet a purchase deadline. If you've already sold your home, you can buy your next one with no strings attached. If you do get a tempting offer on your home but haven't made significant headway on finding your next home, you might want to put in a contingency clause in the sale contract which gives you a reasonable time to find a home to buy. 

If the market is slow and you find your home is not selling as quickly as you anticipated, another option could be renting your home and putting it up on the market later - particularly if you are selling a smaller, starter home. You'll have to investigate the tax rules if you choose this latter option. Better still, find a way to eliminate this situation altogether by getting your agent to guarantee the sale of your present home (see point number 5 below).

4. Failing to get a pre-approved mortgage

Pre-approval is a very simple process that many homeowners fail to take advantage of. While it doesn't cost or obligate you to anything, pre-approval gives you a significant advantage when you put an offer on the home you want to purchase because you know exactly how much house you can afford, and you already have the green light from your lending institution. 

With a pre-approved mortgage, your offer will be viewed far more favorably by a seller - sometimes even if it's a little lower than another offer that's contingent on financing. Don't fail to take this important step.

5. Getting caught in the Real Estate Catch 22

Your biggest dilemma when buying and selling is deciding which to do first. Point number 3 above advises you to sell first. However, there are ways to eliminate this dilemma altogether. Some agents offer a Guaranteed Sale Trade-Up Program that actually takes the problem away from you entirely by guaranteeing the sale of your present home before you take possession of your next one. If you find a home you wish to purchase and have not sold your current home yet, they will buy your home from you themselves so you can make your move free of stress and worry.

6. Failing to coordinate closings

With two major transactions to coordinate together with all the people involved such as mortgage experts, appraisers, lawyers, loan†officers, title company representatives, home inspectors or pest inspectors the chances of mix-ups and miscommunication go up dramatically. To avoid a logistical nightmare ensure you work closely with your agent.

Huge thank you to Shirenna our amazing Producer and Editor for always making the show sound so amazing! And to Dave Sturgeon for his expertise and encouragement. Also to Jennifer Ross for her support and endorsement.

Transcript of Episode #16

Dave Sturgeon
Announcement
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
00:22
Happy Sunday, everybody. Welcome to your Home. Sold Guaranteed Radio Show. My name's Rick Kendrick and I'm here with my broker, kerry. Kerry, how you doing this morning.
Karey Kendrick
Co-host
00:29
Great thank you for having me on your show this week.
Rick Kendrick
Host
00:32
Well, this is our show, but you know you're on the show the most because you know the most. So that's what I say. So I'm just curious what do you think about the market and how it's going? You know, it's been a really strange the last three weeks, hasn't it?
Karey Kendrick
Co-host
00:43
Yeah, I'd say so. I mean we're getting mixed signals from the agents that we know throughout the country in terms of what's going on in their market versus what's happening in ours. I know I'm busy.
Rick Kendrick
Host
00:53
It's really great and all my great team members they're very busy right now. These guys that we have right now are very experienced. As you well know is that we go through training every day just to make sure that we're providing the good service that dark buyers and sellers need, right? Kerry?
Karey Kendrick
Co-host
01:08
Yeah, we've brought on just an amazing group of folks to help us grow this real estate business.
Rick Kendrick
Host
01:14
Yeah, and you know we don't look for and I hate to say it the average agent, because we don't. We're looking for agents who are looking to make a career of this business and it is changing every day, and so they need to change with the times, and that's what we do. We make sure our buyers and sellers are fully aware of what's happening in the market, right.
Karey Kendrick
Co-host
01:34
Oh yeah, without a doubt. I mean, there's a lot of stuff that's going on in real estate now, especially with what's happening with interest rates and inflation, and there's some things that are happening in the real estate industry just in general, so you gotta be able to keep up with everything.
Rick Kendrick
Host
01:45
So what's the numbers look like for this week, for the last couple of weeks really?
Karey Kendrick
Co-host
01:50
So what we're tracking here is the median list price and also how many months of inventory are there on the market currently. And so in the four counties okay, in our marketplace and when I say the four counties I mean St Lucie Martin, palm Beach and Broward County the inventory is hovering in that three to four month range.
Rick Kendrick
Host
02:07
What used to be in an average of six month right.
Karey Kendrick
Co-host
02:11
Yeah. So I would say back, whenever we had had the great recession, inventory levels were in excess of a year, even up to two years in some marketplaces. Six months of inventory is what real estate agents consider a balanced market. So if there's a months of inventory, less than six months, we consider that still a seller's market. So we're still in a very strong seller's market. As far as the median list price Broward, martin and Palm Beach County we're up in the six to 7% year to date range. So the median sales price is up over last year.
Rick Kendrick
Host
02:43
You don't hear that very much across the United States. I'm telling you right now for a fact. I talked to a guy. He bought a house 10 months ago. I said Mike, what's it? What's it like right now? Do you think you have equity in house? Oh man, yeah, I got more people already calling me saying once you refinance them because I got equity in my house. So it just shows you're living in paradise right here.
Karey Kendrick
Co-host
03:03
Yeah, absolutely without a doubt. And then, of course, st Lucy is holding its own. So the median list sales price, rather year to date, is up just under 2%.
Rick Kendrick
Host
03:13
Wow, and port st Lucy. It is really trending north, okay, and spilling over, believe it or not, and before pierce, and port st Lucy has a lot of new homes available. That's the reason why we're going to be talking about these Moving up or trading up, because a lot of people are looking at selling their place here and moving up to port st Lucy and to get a brand new home.
Karey Kendrick
Co-host
03:35
Yeah, and the median sales price year to date and st Lucy County is 375, so it's still very affordable.
Rick Kendrick
Host
03:41
Wow, 375. Those were the good old days in Palm Beach County, but now it's different. So you know people are looking up there. I know that I've sold a couple homes up there brand new houses in that $400,000 range, very, very, very nice. So, and a lot of them up the houses up there do not have a homeowners association.
Karey Kendrick
Co-host
03:59
Yeah, and so the inventory levels, right, and the average sales price. It varies, right, based upon where you live. If you live in a Community with a homeowners association, maybe you live in a community that has an age restriction 55 and older. All of these various scenarios do affect, you know, the inventory levels and the days on market that you would experience if you decided to put your home on the market. So Rick is willing to come to your home, right, you can give him a tour of everything that you've done over the years, any improvements that you might have made, and he'll kind of Take a look and walk you through what's been happening in your community.
Rick Kendrick
Host
04:30
And these upgrades really help out. If you have improved on your kitchen or you put a pool in or put a new roof on, these things really enhance the value, especially if you've done something to a roof goes insurance companies right carrier getting very sticky about that stuff.
04:44
Yeah, insurance is becoming a big problem in the state of Florida you know, a couple years ago we really were not talking about cash offers and now it's become a viable situation for a lot of sellers and then, in particular, this market, because in Florida people have Accumulated a lot of equity in their property and they're looking for an alternative way to sell the property quickly and then go out. Maybe buy something else, maybe a larger home or a new home, right, yeah.
Karey Kendrick
Co-host
05:12
So the great thing about you know our area in particular is that the increase in our home prices has been Exponential right over the past several years. So whereas previous to, I'd say, covid sellers were much more interested in selling their home traditionally because that enabled them to get top dollar for their home, but because now they have so much equity in their home, a lot of them are considering these cash offers which typically you know will be not at market Maybe like maybe 10% discount to market, but they have the equity to give that up and they're doing it for convenience.
Rick Kendrick
Host
05:43
You know the last three shows. We have mentioned this great new program that we have, which is the cash and sale program, and it's really cool. What we can do is we can get you cash in three weeks for your property, get close to market, 80% of your money in your pocket In three weeks, and then what we do is turn around, put the house on the market and get you more money if we can. They're able To get the most amount of money out of their home and be able to get the most money right up front. They want to go out and buy a place right, so this gives them money right off the bat, gives them leverage to go out and buy another place and, on top of that, get the Most amount of money by putting it on the market and we can sell it within 60 days. Under that scenario, we have some great institutional investors who are part of this program, and that's what helps us out a lot. And on top of that program that we have, we have, of course, our guaranteed sale program and also Our traditional sale program. So sellers just understand you are looking for certainty in this market. We can provide it with a traditional sale, a guaranteed sale and, of course, the cash program.
06:39
So, without in mind, six mistakes to avoid when trading up to a larger home or a new home, carry, this is going to be a good one. We're going to dig into that In a few minutes here, but it is a pleasure to be back on the radio with our listeners today. What a great opportunity we have. We're out there every day Meeting buyers and sellers, so if you're thinking about maybe making a move or you're thinking about making a purchase, we'd love for you to give us a call. My name is Rick Kendrick. Five six one, nine zero one, thirty three, thirty three. That's five six one, nine zero one. Thirty three, thirty three, or? Rick. Has the buyers calm after the break. Carry, nail, dive into that. Six mistakes to avoid when trading up to a larger home or a new home will be right back.
Dave Sturgeon
Announcement
07:24
The schedule an appointment with Rick Kendrick to help you buy or sell your home. Call five, six, one, nine, zero one, three, three, three, three or go to Rick. Has the buyers calm, rick will be right back with more of the your home sold. Guaranteed radio show here on news talk 850 WFTL you.
Jennifer Ross
Announcement
07:44
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 agreed to, or he'll buy it for cash, for example.
08:07
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 bucks 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 me a call, 561-901333, or visit rickhasthebuyerscom.
Eric Rosemary
Announcement
08:39
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.
Dave Sturgeon
Announcement
09:06
If you're ready to buy or sell your home and would like to schedule an appointment with Rick, call 561-901333 or go to rickhasthebuyerscom. Now back to the your home sold guaranteed radio show and your host, Rick Kendrick.
Rick Kendrick
Host
09:21
Hey, welcome back folks In this segment. We're gonna be talking about those big six mistakes to avoid when trading up to a new or larger home. And, honestly, in our area a lot of people have built up to a lot of equity in their home and they're looking to trade up, maybe because they've added a few kids to the house, a few dogs, or even the fact is that they just want something brand spanking new, right, Carrie?
Karey Kendrick
Co-host
09:42
Absolutely yeah, and so the purpose behind discussing this today really is that it's different than whenever you're purchasing a home for the first time. There's considerations that you need to take into account in advance of planning this move, because you don't wanna put yourself in a situation where you're either owning two homes and you're having to pay two mortgages, or you have to move twice, which can be very inconvenient.
Rick Kendrick
Host
10:03
Strategies are important here. That's the reason why you need to pick the right agent Now. I like to brag about myself a lot, but we have become very familiar with the situation, right, carrie? We have a lot of people who come in and say, hey, rick, I wanna go ahead and sell. But you know what? I'm very nervous about that because it might be out of a house. But we can accommodate our sellers today, especially in this market, be able to get them into something new and also be able to sell their place for the most amount of money, right?
Karey Kendrick
Co-host
10:31
Yeah, and I think that that's what most homeowners are concerned with, right, Like they may want to make a move, but they're concerned. Hey, if I put my house on the market, where am I gonna go?
Rick Kendrick
Host
10:42
Right, and here's the thing. That's the reason why I need to come out there and take a look at the property right.
10:47
They're gonna be looking at their house and say, well, you know what, I need to put it in the floor, I need to upgrade the kitchen, I need to. Really, you may not need to do that stuff. That's the reason why it's good for me to just combine and save you some money. But, more importantly, what we're gonna do is that we're gonna sit down and show you the bottom line number, because that's what counts in finding a new place, right, carrie?
Karey Kendrick
Co-host
11:07
Yeah, without a doubt, and you need to put a plan together for what is it that you're looking for in your next home? Because, likely, the home that you're gonna be purchasing may not be on the market right now because they're so low inventory. So it's important for the agent that you decide to work with that they know exactly what you had in mind. All right, Because if that home happens to hit the market, you're gonna wanna be in the best position to move quickly before it sells to another buyer.
Rick Kendrick
Host
11:32
You know we do have this buyer profile system too that before they even put their house on the market, we may have a buyer in our database. We have about 20,000 people out there really looking for a home.
Karey Kendrick
Co-host
11:41
And if there's a specific community that somebody is interested in, we'll actually spend our money to go into that community and can visit right To try to. I mean reach out to all the homeowners within that community and see if there is somebody that lives there that is interested in potentially selling.
Rick Kendrick
Host
11:58
Don't get nervous about this. This is something that I do every day and I know and a lot of sellers will be looking at me and go are you serious? You really can do this. And I say I do it all the time. It's just, it's a natural to me. I mean I can get them 60, 90, 120 days in their house. They can get their cash right up front and they can get out there. Start looking. By the way, sellers, when you start looking for a property, if you're looking at a particular house and they're selling this house, that seller will not seriously consider you unless your place is on the market or it has been sold, right, kari?
Karey Kendrick
Co-host
12:31
Yeah and I'd say that that is definitely something that is on our list here is not selling first, right. So you do want to put a plan in place so that you can get your property either sold, get your cash in hand and then do a post-occupancy where the buyer will allow you to stay in your home for 60, 90 days after closing, and that way, if the perfect home does come on the market, you're gonna have the cash in hand to be able to go in with a very strong offer.
Rick Kendrick
Host
12:56
And also, I mean we wanna make it as comfortable for the seller as we can, because this is it can be. It can be a very stressful thing. You're selling, you're buying, you're moving your family somewhere where they've never been before. You wanna make sure you got the right neighborhood. We can even put a contingency clause in there to protect the buyer and the seller as far as the houses are concerned, correct, carrie?
Karey Kendrick
Co-host
13:18
Yeah, that's definitely an option. So either what we're talking about here is you either go ahead and close in your home you have the cash in hand and then you go find a home or you go ahead and put your home on the market you get an under contract, and then we just make sure that we include a contingency in there that will allow you enough time to go find a new home.
Rick Kendrick
Host
13:33
You know, the other major thing very, very first step is is you need to get together with a lender. Now our lender that we use is Cross Country Mortgage. These guys, we've been working with them for I don't know seven, eight years now and they are excellent. We put together our strategy and I go to them and say listen, here's what we wanna do. They need to get pre-approved for about $600,000. So what we wanna do is make sure they're gonna have enough money in their pocket. And, number two, they can get pre-approved before we get out there and start getting excited about a house, right?
Karey Kendrick
Co-host
14:04
Yeah, so you know we hate to put our buyers in the situation where they fall in love with a home and we don't have all of our ducks in a row. We wanna put you in the best position possible so that again, when you do find the home of your dreams, you're in the best position possible to go after it.
Rick Kendrick
Host
14:17
We really, really wanna stay away from this catch-22 situation. The catch-22 situation is that you own a house and you go buy another house. That means you have two mortgages, so we wanna make sure everything goes smoothly. Typically, what we do is this when you sell your place, we want you to close that morning on your place and, conveniently, what you do is that afternoon you purchase your new home. This is a process that we've learned over the years. That makes everybody a lot happier because really, you're just taking the money that you've made on your place and moved it into your new home, right.
Karey Kendrick
Co-host
14:53
Yeah. So again, if that's something that you're comfortable doing right closing on your new home in the afternoon, closing on the home you're living in in the morning we can certainly have that arranged. Or, as mentioned earlier, if you'd rather close, have some time afterwards to make the move. All things that we can negotiate.
Rick Kendrick
Host
15:09
But I say you first, you gotta sit down and do a strategy to this. Call an agent that you can rely on. I suggest that you do your homework on agents too, because a lot of agents are not experienced at this situation. As far as buying and selling. You need a team behind you to do this, and that's what we have is we have a team, not only a closing coordinator but a listing coordinator, and we run through this process all through, from the sell to your purchase.
Karey Kendrick
Co-host
15:36
Yeah. So there's a lot of people who we need to coordinate with right through these two moves. We've got our mortgage lender, we've got appraisers, lawyers, title companies, home inspectors, any repairs that need to be taken care of before closing. All of that stuff needs to be managed.
Rick Kendrick
Host
15:51
And only a team can do that. It's very hard to see I don't know how agents do it on a basis that they're a single-agent, meaning that they're the only person bobbling all the balls here. Because this is really think about this. This is a lot of money in your pocket. Number one. Number two this is your most important investment in your life. You want to be making the right decision because you're moving your family from point A to point B.
Karey Kendrick
Co-host
16:14
Yeah, and the process could be, you know, between 21 to 45 days, right? So that's a long time when you're under this sort of stress that comes along with moving. So, hiring somebody who has a dedicated person in their office that is going to be helping you through that process to make sure that no deadlines are missed and that everything is in order, all the paperwork's tended to, you really want to ensure that you're dealing with somebody who's going to have somebody that's going to be your point person.
Rick Kendrick
Host
16:39
Listen, I have some free information for you. Okay, what you can do is either text me at 561-901-3333 or RickHassabuyerscom. I'm going to send you a free brochure. It says 10 questions to ask an agent before you hire them. These are critical questions that are very, very important. You want to know as much about that agent as you can. Not only that, but you want to get references. You need to Google them, see how many five-star reviews they have. You need to see where they're at. Are they part-time or are they full-time? These are all key items to make sure the move that you're going to do is going to be successful and rewarding to you and your family. So, Kerry, do you have anything to add about the selection of an agent? You think that's kind of like a big thing?
Karey Kendrick
Co-host
17:23
Yeah, I think that there's a tendency for folks out there to just basically go with the first person that they meet, and that might not be good for your pocketbook.
Rick Kendrick
Host
17:30
Not a friend, maybe. How about a friend?
Karey Kendrick
Co-host
17:33
A friend or a family member who maybe just got their real estate license, who hasn't sold a home yet.
Rick Kendrick
Host
17:37
Beware. Beware of that, okay. So just be careful that not saying that they're good or bad, but friends, sometimes when you're doing business like they interfere in that. So just make sure it's all business and they clearly understand you're here to make a move for your family and you want it to be top-notch.
Karey Kendrick
Co-host
17:53
Yeah, I think there's a lot more involved to selling homes than most folks realize when they first get into the business. So you just want to make sure that you have some questions handy. I would encourage anyone listening to interview, like Rick suggests. He's willing to send you out this free report on questions that you can ask and don't be afraid to interview. You know, have a couple people over. Everybody's going to have a different style right and you may be more comfortable with one person than the other.
Rick Kendrick
Host
18:18
Don't do just one right Interview agents right and I say, hey, I want to be one of them, I know my business and I don't mind getting out there and showing my wares and making sure they understand the process ago. Through these 10 questions, you'll clearly see what questions to ask an agent and see where his experience lies. So, hey, listen. After the break let's talk about our picture listening of the week, our Buyers and Waiting program. Talk a little bit about your home sole guarantee reality. Go serve big mission. This is Rick Kent and Kerry Kendrick. We'll be right back.
Dave Sturgeon
Announcement
18:50
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 NewsTalk 850 WFTL.
Jennifer Ross
Announcement
19:10
Hi, it's Jennifer Ross and 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 Realty of 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
19:28
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
Announcement
19:45
Come on, you can do that.
Rick Kendrick
Host
19:46
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
Announcement
19:54
call Rick Kendrick right now, 561-90133333. That's 561-90133333. Or visit rickhasthebuyerscom.
Eric Rosemary
Announcement
20:04
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 or text me at 954-312-3104 or visit rosemarymortgageteamcom.
Dave Sturgeon
Announcement
20:32
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
20:46
Okay, this is our final segment of the show. We're going to be highlighting our key listings, which we do on a weekly basis. So, listeners, if you're considering making a move or you have an interest in having your home featured on our radio show, we'd love to discuss it with you. So we have a new home coming on the market in the popular area of Delray Beach. It's a three-bedroom, two-bath home. It's in the west end of Delray and I'm going to tell you again, finding a home in this price range is very hard. Our price on this is $3.75 and I'll tell you for a fact, if you have an interest in this or you know somebody is looking to make a purchase, it's a great home. It needs a little TLC but it's ready to go. Also, with buyers and waiting, we also highlight our buyer of the week. This week we've met with what? Seven buyers that have been pre-approved ready to go. Again, we got buyers out there looking for a place, right, carrie.
Karey Kendrick
Co-host
21:36
Yeah, we do, and the great thing about our Buyers and Waiting program is that we actually meet face-to-face with buyers, okay, and we sit them down and we go through what it is that they're looking for in their next home.
Rick Kendrick
Host
21:48
We do not want to bring a buyer into a seller's place and they get excited about it and they can't afford it. I've met too many lenders out there that do not get them pre-approved or fully qualified, ready to roll. That's the reason why we work with Cross Country, because they actually put them through that first stage of underwriting and make sure everything is good, so we know exactly what they can afford. Again, it's a key thing because then we can tailor-made all the houses that we're going to be showing them or to their price range. So just to let you know, we're fully, they're all fully approved, they're ready to go, totally flexible in their closing date. So if you're concerned to a move but concerned about where you'll go, we have a close and stay program.
Karey Kendrick
Co-host
22:27
Yeah, so that basically just allows a seller to stay in the home post-closing, all right, and so that'll give them the flexibility that they need to go find their next home.
Rick Kendrick
Host
22:36
So a buyer that I'm thinking of right now we have a buyer that's in that $600,000 range, been pre-approved, can put 20% down. He's looking in that Delray area. So if you guys got something that you're thinking of that you may want to, you know, put it on the market maybe already. Give me a call at 561-901-3333-561-90133 or RickHastobuyerscom. I'll come over, take a look at it. If this fits his criteria, I would love to set up a time for him to come over and take a look at it. So, kerry, tell us a little bit about the Go-Serve big machine.
Karey Kendrick
Co-host
23:13
So Rick and I donate a portion of the proceeds from home sales to local charities in the Southeast area. The two that we most often mention on the show are the Law Enforcement Assistance Foundation, and they provide financial assistance to officers and their families who have been hurt in the line of duty. So that's a great one that we love to bring to your attention. If you'd like to look them up online, they're a great organization. And then, of course, little Smiles. We do support them as well. They provide fun things for kids in our area that are going through hard times. So right now, you know, now we're in the final quarter of the year, and so what do we all have in our minds? We're actually just starting our toy drive, so we're collecting toys for the kids. So if you're out there and you'd like to participate in that program, feel free to you know. Text Rick, and we'd be happy to arrange a pickup so that we can get more toys to the kids.
Rick Kendrick
Host
24:03
You know, kerry, here's the thing. I know for a fact that a lot of people, a lot of buyers and sellers, are a little hesitant in calling real estate agents because they're afraid to swarm over them. I truly believe you got to get to know me, just like I got to get to know you. Even if you're not really thinking about doing something right now, that doesn't matter. You need to put together a plan. I'd rather have an idea of what you're going to be doing in the next three or four months instead of doing something in the next 30 days. So if it's in your mind one way or another that you're thinking about doing either purchasing or selling, give me a call. Let's have a five or 10 minute conversation. It's no charge, we're free, and we'll be able to sit down with you and kind of go over the details and sit down with you and kind of go over a plan as far as purchasing or selling a home. How's that sound, kerry? You think that's a good idea.
Karey Kendrick
Co-host
24:54
Yeah, I think planning in advance of a potential move is always a great idea, especially for those of you out there listening who might be renters right now and you're interested in potentially buying your first home. The farther in advance we can meet with you and sit down and put a plan in place, the better off you're going to be, because at some point or the other your landlord is going to start pressuring you to renew the lease and you don't want to be in a situation where you're doing something last minute under the gun. So the farther in advance you can plan it out, the better.
Rick Kendrick
Host
25:20
We've seen that many times. They've called us and said hey, listen, I just got a renewal notice on my rental that I'm living in right now and they're jumping in from $2,000 a month to $2,700 a month. That happened just last week. He says I've got to find me something. I said, well, okay, let's get out there and start looking. So it is one of those things. Usually you'll get a renewal notice like 90 days. As soon as you get that and you say, listen, I've had enough of this, give us a call. We'll be happy to help you out at 561-901333. And, believe me, buyers, I can get you the price you're looking for and also might be able to get you some buyer concessions with some free consumer benefits. Every buyer that works with us will give them a 24-month guarantee. If they're not happy with that house they purchased in 24 months, listen, I'll sell it for free. More importantly, I'll get them a 12-month home warranty to cover all their appliances for the next 12 months. You're under no obligation. Anytime you're not happy with my services, you just let me know and we'll go our separate ways.
26:25
Thank you for taking time to listen to us today. This is Rick Kinrick, your home-sold guarantee realty serving southeast Florida coast. Our network extends across the country and Canada. Call me or text me at 561-901333. I'd like to thank Carrie again for coming on. She really does have a lot of information. I tell you it's good to have somebody that knows what they're talking about all the time. So, listen, we look forward to seeing you next week. Tune in every Sunday at 10 am at 850-WFTL News Talk Radio.
Dave Sturgeon
Announcement
26:55
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. All now to schedule an appointment 561-901333. 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. 三, two, one, five.