November 5

Radio Show Episode #19 Click to Close: Navigating the iBuyer Revolution

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Episode Description

Join us for another insightful episode of the Your Home Sold Guaranteed Realty Radio & Talk Show, hosted by the highly successful Palm Beach Real Estate Agent, Rick Kendrick, the owner of Your Home Sold Guaranteed Realty of Florida. 

In this week's episode, titled "Click to Close: Navigating the iBuyer Revolution," we dive deep into the rapidly evolving world of iBuyers and how they are reshaping the real estate market. Rick Kendrick and his expert guests will provide you with valuable insights and strategies to help you understand and navigate the iBuyer landscape. 

Learn about the advantages and potential drawbacks of selling your home to an iBuyer, discover the key players in the industry, and gain insider tips on how to make informed decisions when it comes to selling your property. Whether you're a home seller, buyer, or real estate enthusiast, this episode is a must-listen for anyone interested in staying ahead in the dynamic real estate market. 

Tune in to the Your Home Sold Guaranteed Realty Radio & Talk Show, where Rick Kendrick and his team bring you the latest trends, industry updates, and expert advice to empower you in your real estate journey. Don't miss this exciting episode on the iBuyer revolution!

Hosts of Episode #19

Logo Your Home Sold Guaranteed Realty

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
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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.

Rick Kendrick Receive Multiple Cash offers on your home

A Guide to Click-to-Close Real Estate Transactions

In recent years, the real estate industry has witnessed a significant shift with the emergence of iBuyers – companies that use technology to make instant offers on homes and streamline the selling process. This phenomenon, often referred to as the "iBuyer revolution," has transformed the way people buy and sell homes. In this blog post, we'll explore the ins and outs of iBuyers, their impact on the market, and how you can navigate this rapidly evolving landscape.

Understanding iBuyers:

iBuyers are companies that leverage technology and data analytics to make quick cash offers on homes, typically within days or even hours of a seller's request. These companies aim to simplify the home-selling process by eliminating the need for traditional listing agents, showings, and lengthy negotiations. Instead, sellers can complete the entire transaction online, from initial offer to closing, with just a few clicks.

Key Players in the Industry:

Several prominent iBuyers have emerged as major players in the real estate market. Companies like Opendoor, Offerpad, and Zillow Offers have gained widespread popularity by offering convenience, speed, and certainty to sellers. These companies have significant financial backing and sophisticated technology platforms, allowing them to make competitive offers and scale their operations nationwide.

Pros and Cons of Selling to iBuyers:

Selling your home to an iBuyer offers several benefits, including:

  1. Speed and Convenience: iBuyers can make offers quickly and close on a timeline that suits the seller, often within a matter of days.
  2. Certainty: Unlike traditional sales, where deals can fall through due to financing or inspection issues, iBuyers provide sellers with a guaranteed sale.
  3. Flexible Closing Dates: Sellers have the flexibility to choose their closing date, allowing for a smoother transition.

However, there are also potential drawbacks to consider:

  1. Lower Sale Price: iBuyers typically purchase homes below market value to account for the convenience and risk they assume.
  2. Service Fees: iBuyers charge service fees, which can range from 5% to 10% of the sale price, reducing the seller's net proceeds.
  3. Limited Market Reach: iBuyers operate in select markets and may not be available in all areas, limiting options for sellers.

Tips for Navigating the iBuyer Process:

If you're considering selling your home to an iBuyer, here are some tips to help you navigate the process:

  1. Do Your Research: Research different iBuyers operating in your area and compare their offers, fees, and terms.
  2. Understand the Fine Print: Read the contract carefully and make sure you understand the terms, including any fees, timelines, and contingencies.
  3. Get Multiple Offers: Don't settle for the first offer you receive. Solicit multiple offers from different iBuyers to ensure you're getting the best deal.
  4. Consult with a Real Estate Professional: Consider consulting with a real estate agent or attorney who can provide guidance and help you evaluate your options.
  5. Negotiate: Don't be afraid to negotiate with iBuyers to get a better offer or more favorable terms. Remember, they're in the business of making deals.

The Future of iBuyers:

As technology continues to advance and consumer preferences evolve, iBuyers are likely to play an increasingly prominent role in the real estate market. However, traditional real estate agents and brokers are also adapting to this changing landscape by incorporating technology into their practices and offering innovative services to compete with iBuyers.

Conclusion:

The iBuyer revolution has revolutionized the way homes are bought and sold, offering convenience, speed, and certainty to sellers. While selling to an iBuyer may not be the right choice for everyone, it's essential to understand the pros and cons and carefully evaluate your options before making a decision. By doing your research, understanding the process, and seeking professional guidance, you can navigate the iBuyer revolution with confidence and make informed choices that align with your goals.

Transcript of Episode #19

Dave Sturgeon: 

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: 

Happy Sunday, everybody. Welcome to your Home. Sold Guaranteed Radio. This is Rick Kendrick and I'm with Kerry today. Hey, kerry, we just got back from Orlando, from our conference, and what'd you think of?

Karey Kendrick: 

it. I tell you we always love going to real estate conferences, especially the one that is held annually in Orlando.

Rick Kendrick: 

By the way, kerry, not to interrupt you, but these are agents and brokers all across the United States, canada and even Europe to come to Orlando for this four day conference.

Karey Kendrick: 

Yeah, and it's eye-opening to hear what other agents are experiencing in their various markets.

Rick Kendrick: 

Yeah, the general feeling was that the market on a national level is down, correct?

Karey Kendrick: 

For sure. Yes, A lot of them have experienced double digit declines and their revenue.

Rick Kendrick: 

The great thing about what we are part of as far as that conference is concerned is a group of people that take a negative and turn it into a positive, and through those four days we found out ways how we could help our buyers and sellers either purchase a home or sell a home. So here's one thing that we took away from the conference. The big focus was, like builders right, building new homes. So what are interest rates right now, kerry?

Karey Kendrick: 

Yeah, so as a way to combat the rising interest rates, which are now hovering high seven, even low eights, is to really take advantage of some of the incentives that the builders are offering in order to address the inventory levels that they have, because they're very focused on unit sales.

Rick Kendrick: 

Remember back in March, when interest rates were four and a half and 5%, five and a half, and you were saying, hey, rick, I'm gonna wait for the interest rates to go down. Remember that. So listen, buyers, a second opportunity here for you, okay, and this is what we're talking about is the builders in new homes. What they're doing is they're offering discounted interest rates for you to go out and buy a house today, a brand new house, in an interest rate of four and a half and five and a half, right, kerry?

Karey Kendrick: 

Absolutely so. We are privileged enough to have relationships with builders all over the Southeast region and we do consistently get into our email inbox these amazing special incentives that they're offering to home buyers. And obviously the big pain point right now is the interest rate. So they're really using these incentives to buy down the rate for the buyers Homes on the market right now.

Rick Kendrick: 

Brand new homes are starting in that range of 431. That's a bottom line number, obviously, but still think about this. I'm gonna get you a chance here, buyers, to be able to take advantage of the situation. If interest rates are eight and a half, we can get you a new home, which we worked out with the builders. Okay, we can get you in that four and a half from five and a half Frenchess rate. Wouldn't you want to buy a house? And even in Port St Lucie, port St Lucie has about 20 home builders, 36 communities under construction, about 458 homes that are currently available in the inventory. Starting price starting price it's about $285,000. These are not bad homes. These are brand new homes that have all the ingredients of a new home, especially all the what was the green thing that we were doing last week?

Karey Kendrick: 

Energy efficiency is a big thing now with home builders, so these homes are built with the latest and greatest.

Rick Kendrick: 

So, buyers, you have a little competition coming into play here in this market, okay, and we're gonna talk about this in our next segment. So just to let you know I buyers all right, we're gonna talk about a little bit about I buyers. These are instant buyers, what I call institutional buyers. To give you an example, big institutional people are going in and going to these communities and buying large sections of the community for homes, or buying the brand new homes, right, carrie?

Karey Kendrick: 

Yeah, I believe so.

Rick Kendrick: 

Yeah, so there's one major institutional company that's gonna be spending over $1.5 billion getting into these communities buying brand new homes to rent them out in a long range. Because what they see institutional people, what do they look at? They look at their return off their money, right.

Karey Kendrick: 

Right income.

Rick Kendrick: 

And income is a big thing here, so they're thinking they can get like a six or 7% return off their investment. So, buyers, beware. All right, what we need to do is we need to get in there before they start getting in there and get the deal that you want, get a brand new home. Get in that range where we worked it out with the builders, in that four and a half to five and a half range.

Karey Kendrick: 

Yeah, and I think the rise of the popularity for the I buyers and what's enabled them to come in so quickly and rapidly, basically take over the markets is the willingness of home sellers to leave so much equity on the table, which again could be because the prices have risen so much that they have that room okay, but 65% of home owners actually are willing to consider selling their homes to I buyers, and a study that was done over the summer. Individuals believe this or not I couldn't believe it when I read it they're willing to accept $45,000 less for their homes, just for the convenience.

Rick Kendrick: 

So we're going to talk about this in our next segment, navigating the iBuyer Revolution. We're going to get down to the nitty gritty of this, explain exactly what an iBuyer is. If you or anyone you know are considering to make a move, love the opportunity to interview for the job, give us a call at 561-901333. That's 561-901333 or rickhasthebuyerscom. This is Rick Kendrick, with your home sold, guarantee and realty.

Dave Sturgeon: 

The schedule and appointment with Rick Kendrick to help you buy or sell your home. Call 561-901333 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: 

So you need to sell your home and you're trying to figure out which agent to call. Let me make your life simple. Call my friend Rick Kendrick and he'll get you 5% more than the average agent. Listen to Rich and Cindy's story. They were eager to capitalize on their investment property, so they enlisted the expertise of my friend Rick Kendrick to help them sell their Jupiter condo. After only five days on the market, rick was able to bring them a buyer who would be able to sell their home for $1,000. He was able to sell his home for $1,000. He was able to sell his home for $1,000. He was able to sell his home for $1,000. He was able to sell his home for $1,000. He was able to sell his home for $1,000. After just a few days on the market, rick was able to bring them a buyer who willingly paid $10,000 over the asking price. The speed with which Rick was able to sell their condo over the asking price truly highlights once again Rick's remarkable ability to achieve outstanding results. Call him right now and schedule an appointment. 561-901333. Or visit rickhasthebuyerscom.

Dave Sturgeon: 

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. Welcome back. We're going to get into our segment here, especially talking about iBuyers and our Guaranteed Cash.

Rick Kendrick: 

Offer Program that we have in place. One thing that we did pull out of the conference that we went to is that we want to be able to offer our customers a chance to buy our condo and sell our condo. We want to be able to offer our sellers our buyers, in particular, our sellers a definitive way to get out of their house. We're going to be able to offer you multiple cash offers and we're going to go over that in a minute, but let's get back to the aspect of what an iBuyer is. What exactly is an iBuyer? Carrie?

Karey Kendrick: 

So an iBuyer basically is an instant buyer right, and what they're doing is they're using technology, okay these algorithms that are basically going in and spitting out like an automated valuation of homes, and they're pretty much just making these offers sight unseen on these properties.

Rick Kendrick: 

Yeah, and here's the thing what sellers are looking for. The four major things that I think that they're looking for is convenience, certainty, speed and the control of what they're going to do their destiny right, and that's what we can bring to the table also, right?

Karey Kendrick: 

Yeah. So convenience is a big thing for folks nowadays, right? They don't want to have to prepare their home for sale, they don't want to make any repairs, they want to sell it as is. They don't want buyers coming through their homes, they don't want to be inconvenienced by open houses on the weekends. So this is a convenience play, right. Think about, like what happened during COVID, and some of that still is even spilling over today we can, you know, rather than going to Chick-fil-A to get a $5 sandwich, with a click of a button buy a Chick-fil-A sandwich on our phones. It's going to cost us $10 to have it delivered. So your $5 sandwich just cost you $18, but people are doing it.

Rick Kendrick: 

And they absolutely are. Do you think this was a product of COVID that brought this on?

Karey Kendrick: 

Yeah, without a doubt.

Rick Kendrick: 

Yeah, that's the reason why we're coming up with this situation of buy buyers going into the market seeing an opportunity to purchase a home, in particular Florida. A lot of people here have a lot of equity in their house. I spoke to a friend the other day. She was looking at a house at $100,000, say six years ago. Right now it's worth 400,000, right. So those are the things that they look at. So what they can do is they can sell this place right and be able to get cash within the next two to three weeks.

Karey Kendrick: 

Right and it provides the certainty that they're looking for right, so they don't have to worry about whether or not the purchaser of their home is qualified. You know, let's say the person. You know you run the risk of them losing their job. You know, days leading up to closing, all right, the financing could fall through. There could be, you know, issues with appraisals. Right, it would have home inspection. So this whole iBuyR revolution, as we're referring to it here in this episode, is eliminating all that hassle for sellers.

Rick Kendrick: 

The great thing about you know, having institutional people which, incidentally, we need to go over our platform because I'm gonna tell you we cover all bases on this. Okay, we get involved with these institutional or iBuyRs. We have over 65 iBuyRs ready to go to make a purchase on a home. So what we can do, kerry, is that we can offer a traditional sale. We can offer a guaranteed sale, which we will guarantee if we can come to terms with the price and timetable. Number three we could offer an all cash offer. Actually, we can offer a cash and resale offer to them. So, no matter what, the seller's gonna have an advantage, they're gonna have a destiny where they can get out right Certainty.

Karey Kendrick: 

Right for sure. So with our your home sold guaranteed reality cash offer platform, basically what happens is a seller would go online and submit their address into the platform and within seconds we will have for you multiple cash offers. Okay, they range in prices, they're from a range of different institutional buyers, all right, and with a range of terms. So it gives the seller the flexibility to choose the scenario that best suits their needs.

Rick Kendrick: 

And simply all we gotta do is either text me or call me at 561-901-3333 or rickhasdabuyerscom and I'll be happy to sit down with you one on one and talk to you exactly what we could do here for you. We can have this money for you as little as three weeks Right, all cash.

Karey Kendrick: 

Yeah, for sure. And if that scares you, if you're listening, that doesn't necessarily mean you have to be out of the house in three weeks. Of course that would work out if you were maybe in a situation where you weren't living in the home. It was a probate or something along those lines. But if you are in a situation where you need the cash now yet you wanna have that flexibility to move at your convenience, we also have a lease back program as well, so you can go ahead and get that cash right now and then you can lease the property back for as long as you need to make that transition into your next home. And it works really great for folks who are building a home and they have to wait for it to be finished.

Rick Kendrick: 

It blends in so well for you to be looking. Just think about this, sellers. You would be able to get a four and a half to five and a half percent interest rate on a brand new home. You'd be able to get a majority of your cash right up front to put down on that new home and to be able to lease back from the investor that buys that property from you. Lease it back until your home is done. That's what you call certainty. Right there, right, carrie?

Karey Kendrick: 

Absolutely, and that's the nature of the business right and the technology that is going on in the industry right now. It's almost as if it's gonna become the norm for folks just to go online and, with the click of a button, have their household.

Rick Kendrick: 

What I see here is that when we talk about builders, new builders will not take contingencies on anything on their contracts. You gotta walk in there with some money in your pocket ready to go to put down, and they're gonna give you a target date that that new house is gonna be done, and it's not dependent on you selling your place. So here, what we have as far as an opportunity for you is that we can handle this with you all in one scoop, right.

Karey Kendrick: 

For sure, rick. We have access to what 60 plus buyers that are involved in this program, so why is it that we need to have access to so many buyers?

Rick Kendrick: 

Well, here's the thing when you hear somebody actually on the radio or television, what they're doing is they're single out saying I am the only investor on this situation to make an offer to you. What we wanna do is give you a wide range of opportunity and variety, to offer you a situation where you can take, look at any of these offers and pick one of them. You can even do a traditional offer or a guaranteed offer with the terms and conditions that we agree upon.

Karey Kendrick: 

Yeah, so the I buyers have what they refer to as a buy box right, and so it is criteria all right, that they're looking at your home whenever they're making the decision about whether or not to buy it, and it's based upon their investment goals and their preferences. So, for instance, some investors might prefer condos, or some might prefer homes and communities, or so there's a lot of different variety of properties out there. So that's why we have reached out and established relationships with so many buyers in the market so that we can cover a wider range of properties. For instance, we get a lot of questions about well, how high will they go right, like how much? I mean, if I have, like a multimillion dollar house, is this an option for me to reach out to an iBuyer?

Rick Kendrick: 

Absolutely and really. If you take the option of either getting your cash into a resale, you can get very close to market value on this.

Karey Kendrick: 

Yeah, so just recently we did get an offer submitted on a waterfront property in Palm Beach County and the iBuyer actually offered $2.9 for it, $2.9 million, which was very close to market.

Rick Kendrick: 

Very close, In fact. Actually, when we presented it to the seller he elected not to do this, but he got 3.0 for the property, except he was on the market for another four weeks. He has to go through the inspection period. He has to go through the aspect of getting financing. There are a lot of things that go on when you go through the traditional route that a cash offer can take care of right off the bat.

Karey Kendrick: 

Yeah. So if you're out there and you are seriously considering going this cash offer route, I tell you this platform that we have is very amazing. I mean, rick and I are so thrilled to be a part of it because it does give you the options. Like you don't have to go online and stumble upon a cash offer website and then wonder to yourself well, who is behind this website? Do they actually have the cash in hand? Can they follow through on their commitments? And with our system, you can know with confidence that if they're making an offer on your property and you're willing to accept that offer, they're well capitalized. They can close quickly. They'll give you the flexibility that you need. It is your, as is deals. You don't have to make any repairs to the properties and there's gonna be no appraisal.

Rick Kendrick: 

It's definitely a game changer and the factor is offering something like this to a potential seller has an opportunity to open up their door and, where they wanna go, they have a definitive way to get there within the next 60 days, for sure.

Karey Kendrick: 

Okay. So again, if you guys are interested in learning more about this program, all right. Or maybe you wanna just see what sort of offers these cash buyers are willing to make on your property, go ahead and text your address to Rick's phone 561-901-3333. Okay, and we'll get the offers generated for you and we'll just text you back a link and you can take a look at the offers. Typically, we're seeing anywhere between three to four offers come back on the properties whenever we're submitting for offers. So again, the offers are straightforward. This is a transparent process. It's hassle-free, All right, you're under no obligation to take one of the offers, but you might consider it.

Rick Kendrick: 

Again, it's not one offer, it can be three to four offers with options available to you. This is what we wanna do. We wanna be able to have you sit down, look at this in black and white and say, hey, listen, this is a program I wanna do. You may wanna do the traditional route. You may wanna do that. You may wanna do the guaranteed sale route okay, where we'll guarantee the price on terms and conditions that we agree upon. You may want the strict cash offer or you may want the offer that says cash and resale, which gets very close to a market value. So after the break, we're gonna be talking about our feature listing of the week, our Buyers and Waiting Program. Talk a little bit about your home sale, guarantee, realty ghosts or big mission. This is Rick Kendrick. We'll be right back.

Dave Sturgeon: 

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: 

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 Realty of Florida. Now what about the listener who would love Rick to sell but doesn't wanna deal with the headaches of cleaning, staging, holding open houses and all that other stuff?

Rick Kendrick: 

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 wanna 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: 

Come on, you can do that.

Rick Kendrick: 

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: 

Call Rick Kendrick right now 561-90133333, that's 561-90133333. Or visit rickhasthebuyerscom.

Eric Rosemary: 

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: 

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: 

So in this final segment of the show we're going to be highlighting one of our listings that we do on a weekly basis. So, listeners, if you're considering to make a move, you're interested in having one of your homes featured on our show, just let us know. We'd be happy to discuss this with you. We'll come over, give you a quick evaluation on it, give you some tips on what to do and what not to do, but we'll sit down with you, kind of go over all your closing costs and on top of that we're going to bring some cash offers for you. So just understand, we can do this for you right off the bat. So let's talk about our listing of the week. Our listing of the week is actually very north of here. Actually, it's up in four pairs. Kerry, what is it? A 3-2?

Karey Kendrick: 

Yeah, it's a great little unit. It's a 3-2, it's attached. It's a villa, single story with a garage, and the seller is asking 309 for it.

Rick Kendrick: 

Wow, 309,000. This house is not but a year old, right.

Karey Kendrick: 

Yes, yeah. So instead of waiting for the builder to be finished with a place, you can basically move right in. It's practically brand new.

Rick Kendrick: 

Yeah, the sellers had suddenly had a job transfer that they had to take on, so they're moving up to Tennessee, so that's the reason why they're selling. This is a great opportunity for you. You're in that $300,000 range. Buying a three bedroom, two bath brand new home is exciting, so if you have any interest, just let us know 561-901-3333. Also, kerry, our buyer's been waiting, so we're starting to get a flux, more and more buyers coming in, sitting at the table with us, telling us exactly what they're looking for. And what they're doing is that not only are they telling us that they want to do this right away, because they want to do this by year in, because they want to take advantage of Homestead Exemption. If buyers go ahead, buy house today, they'll be able to take advantage of the Homestead Exemption, which is a tax advantage, correct?

Karey Kendrick: 

Yeah for sure. Declaring Homestead is one of the benefits of owning real estate in Florida. So obviously the one that we most often think about is the tax benefits that we're saving. But it also offers some asset protection and you can also sort of take advantage of what's referred to as save our homes. So the assessed value of your home can only increase by 3% per year. And it's interesting because I was just running a scenario earlier this week with one of our team members. They had asked me how does the portability work and the save our homes work? And I had pulled up a home in North Palm Beach where the home seller had lived in the home for 30 plus years and their taxes are only $7,000. So their assessed value is like $400,000 or $500,000, but their market value is actually $2.2 million. That is the amount of increase in value that they've managed to enjoy over the years. So catch this when the buyer buys that home. If the seller were to put it on the market, the property taxes would be over $40,000. Wow.

Rick Kendrick: 

That's mind boggling. Thank you, florida. It's only in Florida you can do this. So, anyway, let me tell you about this buyer. This guy came in, okay, sat at the table with me and says Rick, listen, I'm tired of renting. I'm spending $3,600 a month on rent. I am approved. I am approved for $650,000. But I want to live in Palm Beach County. I said this is not an issue. So, listen, if you're living in that area, okay, of Lake Worth, the West End of Lake Worth, or Del Ray, in that $650,000 area, you've got to give me a call. I got this guy. This guy's ready to go. He'll sit the time wherever you want to leave, if you want to leave by. You know, in a month or two months he'll work with you on this. He just hasn't been able to find the right house and that's the reason why he came to us, because he's been working with. He worked with three other agents and they just could not find a house for him. And I said hey, listen, come on into the office, just sit down, take down exactly what you're looking for. Now, what I'm going to be doing for him, okay, is I'm going to be sending him not only off market properties, but I'm going to be sending properties that are maybe company owned bank foreclosures, may even be new builds, and that's what it is. It could be a new build form in that four to five and a half percent range. So I'm really excited about this buyer. I know the next time we talk I'm gonna tell you the story of how we got in my house, I'm pretty sure, carrie. Hey, so, carrie, tell me about the Go Sir Big Mission.

Karey Kendrick: 

So Rick and I donate a portion of the income from home sales to various charities in our area. So this week I'm actually gonna mix it up a little bit and I'm gonna give a shout out to Big Dog Ranch Rescue.

Rick Kendrick: 

Ooh, yeah, we got one of those, didn't we?

Karey Kendrick: 

What made me think about it is we. You know, we went to Orlando this past weekend for a conference and you know there's this, the Airbnb and VRBO. So we, because we took our puppy dog with us, we did not check into the hotel where the conference was being held, we did rent a house through VRBO and so, you know, we brought our dog with us. His name is Gator.

Rick Kendrick: 

Go Gators.

Karey Kendrick: 

And yeah, we did adopt him from Big Dog Ranch what? Probably three or four months ago, and he's just such a joy and so I thought we would mention him. But yeah, so they have various charities, you know, various charitable events that they hold throughout the year fun events and that sort of thing. So if you get a chance, I would encourage you to support them, if you can.

Rick Kendrick: 

Yeah, it's a great charity. We went out there and picked out Gator. You know they got 30 acres out there. It's incredible. They got everything you could think of as far as puppies out there and they're really great. So what I see? You know Gator runs the roost at our house. Okay, I mean, he's the guy that gets all the loving. You know I've become secondhand here, but that's okay, don't worry about it. But here's the thing. I think Big Dog Ranch has a lot to offer anybody out there. If you're looking for a pup, this is where you go.

Karey Kendrick: 

Yeah. So it's interesting because before we went out there I just had in my head that it was all big dogs. But that's not how it is at all. They have dogs of all ages, all sizes that need homes. So I go stop by the ranch and see if you can find your new forever friend.

Rick Kendrick: 

That's great. Hey, thank you for taking time to listening to us today. This is Rick Kinder, with your home soil guaranteed reality serving the Southeast Florida coast. Our network extends all across the country and Canada. You can call me or text me at 561-901333. That's 561-901333, or Rick has the buyers. I would like to thank my special gas broker wife coming on today and we look forward to seeing you next week. Tune in every Sunday at 10 am at WFTL 850 News Talk Radio.

Dave Sturgeon: 

You've been listening to the your home soil 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 soil guaranteed reality. 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 soil guaranteed radio show here on News Talk 850 WFTL.


About the author 

Rick Kendrick

Rick Kendrick, a Palm Beach Realtor, is the proud owner of Your Home Sold Guaranteed Realty of Florida. With an exceptional track record, Rick has earned the distinction of being an award-winning real estate agent, placing him among the top one percent of agents in the industry. Headquartered in North Palm Beach, Florida, Rick leads his own Real Estate Team, covering the Southeastern region of Florida, while also maintaining a vast network of agents throughout North America.

Rick's outstanding achievements have not only impressed his clients but have also captured the attention and admiration of prominent media outlets and celebrities alike. Renowned platforms such as Fox, CBS, NBC, and ABC have featured Rick, showcasing his expertise to audiences far and wide. His real estate acumen and remarkable success stories have also been shared on popular radio stations, including 850 WFTL News Talk and Sunny 107.9 FM. Listeners are captivated by Rick's wealth of knowledge and his unwavering passion for the industry.

In addition to his accomplishments as a real estate agent, Rick Kendrick is also the charismatic host of a captivating Real Estate Talk Show. Every week, Rick invites esteemed guest co-hosts to join him, creating a dynamic and insightful experience for his audience. With his extensive knowledge and expertise, Rick engages in thought-provoking discussions with his guests, sharing valuable insights, trends, and tips related to the real estate market. The talk show serves as an educational platform, not only for viewers seeking knowledge but also as a stage for industry professionals to share their experiences and expertise. Anyone interested in the world of real estate would find Rick's talk show to be a must-watch, as it offers a unique opportunity to learn and stay informed.

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