Why 3/4 of Homesellers Do Not Get the Price They Want for Their Home
Join Palm Beach's renowned real estate agent, Rick Kendrick, as he delves deep into the intriguing world of home selling in his new podcast episode, "Why 3/4 of Homesellers Do Not Get the Price They Want for Their Home." With decades of experience and a track record of successful transactions, Rick exposes the often overlooked factors that hinder homeowners from achieving their desired sale prices.
In this insightful episode, Rick will be accompanied by a special guest and co-host, Karey Kendrick, a seasoned professional in the real estate industry. Together, they will unveil the mysteries behind the statistics, sharing anecdotes, case studies, and practical advice that will empower both potential and current homesellers.
Hosts of Episode #8
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.
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.
Listen to the Show
Listen, download and share Rick Kendrick's Radio Show on your favorite music or podcast app.
The 7 Deadly Mistakes Most Homesellers Make
1. Failing to analyze why they are selling.
2. Not preparing their home for the buyer’s eye.
3. Pricing their homes incorrectly.
4. Selling too hard during showings.
5. Signing a long-term listing agreement without a written performance guarantee.
6. Making it difficult for buyers to get information on their homes.
7. Failing to obtain a pre-approved mortgage for one’s next home.
The 9 Step System to Get Your Home Sold Fast and For Top Dollar
Selling your home is one of the most important steps in your life. This 9 step system will give you the tools you need to maximize your profits, maintain control, and reduce the stress that comes with the home-selling process:
Know why you’re selling, and keep it to yourself.
The reasons behind your decision to sell affect everything from setting a price to de- ciding how much time and money to invest in getting your home ready for sale. What’s more important to you: the money you walk away with, the length of time your property is on the market or both? Different goals will dictate different strategies.
However, don’t reveal your motivation to anyone else or they may use it against you at the negotiating table. When asked, simply say that your housing needs have changed.
Do your homework before setting a price.
Settling on an offering price shouldn’t be done lightly. Once you’ve set your price, you’ve told buyers the absolute maximum they have to pay for your home, but pricing too high is as dangerous as pricing too low. Remember that the average buyer is looking at 15-20 homes at the same time they are considering yours. This means that they have a basis of comparison, and if your home doesn’t compare favorably with others in the price range you’ve set, you won’t be taken seriously by prospects or agents. As a result, your home will sit on the market for a long time and, knowing this, new buyers on the market will think there must be something wrong with your home.
(In fact, your agent should do this for you). Find out what homes in your own and similar neighborhoods have sold for in the past 6-12 months, and research what current homes are listed for. That’s certainly how prospective buyers will assess the worth of your home.
Find a good real estate agent to represent your needs.
Nearly three-quarters of homeowners claim that they wouldn’t use the same realtor who sold their last home. Dissatisfaction boils down to poor communication which results in not enough feedback, lower pricing and strained relations.
Maximize your home’s sales potential.
Each year, corporate North America spends billions on product and packaging design. Ap- pearance is critical, and it would be foolish to ignore this when selling your home. You may not be able to change your home’s location or floor plan, but you can do a lot to improve its appearance. The look and feel of your home generates a greater emotional response than any other factor. Before showings clean like you’ve never cleaned before. Pick up, straighten, unclutter, scrub, scour and dust. Fix everything, no matter how insignificant it may appear. Present your home to get a “WOW” response from prospective buyers.
Allow the buyers to imagine themselves living in your home
The decision to buy a home is based on emotion, not logic. Prospective buyers want to try on your home just like they would a new suit of clothes. If you follow them around pointing out improvements or if your decor is so different that it’s difficult for a buyer to strip it away in his or her mind, you make it difficult for them to feel comfortable enough to imagine themselves an owner.
Make it easy for prospects to get information on your home.
You may be surprised to know that some marketing tools that most agents use to sell homes (eg. traditional open houses) are actually not very effective. In fact only 1% of homes are sold at an open house.
Furthermore, the prospects calling for information on your home value their time as much as you do. The last thing they want to be subjected to is either a game of tele- phone tag with an agent, or an unwanted sales pitch. Make sure the ads your agent places for your home are attached to a 24 hour prerecorded hotline with a specific ID# for your home which gives buyers access to detailed information about your property day or night, 7 days a week, without having to talk to anyone. It’s been proven that 3 times as many buyers call for information on your home under this system. And remem- ber, the more buyers you have competing for your home the better, because it sets up an auction-like atmosphere that puts you in the driver’s seat.
Know your buyer.
In the negotiation process, your objective is to control the pace and set the duration. What is your buyer’s motivation? Does s/he need to move quickly? Does s/he have enough money to pay you your asking price? Knowing this information gives you the upper hand in the negotiation because you know how far you can push to get what you want.
Make sure the contract is complete.
For your part as a seller, make sure you disclose everything. Smart sellers proactively go above and beyond legal requirements to disclose all known defects to their buyers in writing. If the buyer knows about a problem, s/he can’t come back with a lawsuit lat- er on. Make sure all terms, costs and responsibilities are spelled out in the contract of sale, and resist the temptation to diverge from the contract. For example, if the buyer requests a move-in prior to closing, just say no. Now is not the time to take any chances of the deal falling through.
Don’t move out before you sell.
Studies have shown that it is more difficult to sell a home that is vacant because it looks forlorn, forgotten, simply not appealing. It could even cost you thousands. If you move, you’re also telling buyers that you have a new home and are probably highly motivated to sell fast. This, of course, will give them the advantage at the negotiating table.
Transcript of Episode #8
Dave Sturgeon: 0:00
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: 0:23
Happy Sunday everybody. Rick Kendrick your Home Sold, guaranteed Realty Show here. We had a pretty good week. We took a day off and went to the beach. We went to our favorite little place, which was Peanut Island, and our little dog tackled the big dogs, didn't he?
Karey Kendrick: 0:36
Absolutely. It's a great place to go whenever there's a full moon out, because the sandbar is out there for hours.
Rick Kendrick: 0:40
It's great to be living in paradise. So, anyway, our show today is why three-quarters of the home sellers do not get the price they want for their home. But before we go over that, I got some great news for you here. Palm Beach County just printed out some very interesting data for this year. I'd like to go over it real quick, if we can. The Palm Beach County Housing Market that's what we kind of focus in on, it in particular. You know you got to forget the national headline news, right? We all know that the real estate market is a hyper-local market. I'm going to take you through some local data here Probably will enlighten our listeners a little bit more on how Palm Beach County is doing relative to what's happening on a national level. You'd be surprised at what's happening here. Here's number one average sales price. So if you were to take June of last year, 2022, the average sale price was $819,647. This year, in June of 2023, it went down to $810,672. But realize that's like a 1% decrease. Now, what you hear on the national news obviously is really nothing like this. Okay, there's a little bit more drastic the way they're paying the pictures. Is that right, kerry?
Karey Kendrick: 1:56
Absolutely for sure.
Rick Kendrick: 1:57
If you look at the average sales price in Palm Beach County over the years, in reality, our sales values have been going up on an ongoing basis. In fact, in June of last year 2022, the average hit a peak of $819,000. But, believe it or not, the sales average sales price in May of 2023 this year hit a peak the highest ever of $834,000. Now, when you take that, you can honestly say that the prices are gradually moving up. You don't want extremes, but you want them to be going up gradually, so this doesn't really sound like to me that the market is collapsing. Is it to you?
Karey Kendrick: 2:41
No, it isn't. And again, what's coming into play here is just still the lack of inventory that we have in the market.
Rick Kendrick: 2:47
True, and we're going to cover that in a minute. So let's go to the next step that I thought was pretty interesting. Now, when you talk about prices, let's talk about medium sales price, which has gone up from June of 2022 to $454,000 to June of 23, which was $488,000. Now, the median home sales price. What does that carry?
Karey Kendrick: 3:11
So the average home sales price? Okay, we actually monitor both. Okay, because again we're looking for trends here. But what the median sales price is is it's basically like a better indicator of what the typical home is selling for in a marketplace and it's not necessarily affected by any like extreme outliers that you might have. So it's pretty interesting.
Rick Kendrick: 3:31
So the average sales price went down 1%, that the median sales price went up 7%. So, as you can see, there's some mixed views there. What's happening into the market? Like you said, sometimes it's relative to the inventory. Now, earlier today we were talking about days on the market and before we get into the numbers of days on the market, kind of tell me exactly the definition of days on the market, because some people have a misconception of what they say when you put the house on the market till it closes.
Karey Kendrick: 4:02
The days on the market actually is calculated based upon when the home goes on the market and when it goes under contract.
Rick Kendrick: 4:09
Okay. So when it goes on the market, that's when the clock starts to tick, and then when it actually goes under contract is when the clock stops, even though it takes another 20 to 30 days to close. We're not counting that time, right? Right? So in June of 2022, there was a lot of things going on. Interest rates were pretty cool. They were down at a very reasonable rate. We had a lot of buyers out there. There was only 24 days that the house was on the market. Now, in June of 2023, days on the market hit 52 days. Now, relatively speaking, okay, if you were to look back in June of 2019, days on the market for a home, which was about a six month inventory, then was 80 days on the market. So really, when you look at on days on the market, we're really not that bad. It's about 117% increase, but still days on the market. Relative to June of 2019, 80 days and what it is right now 52 days is really not bad at all. Now we all know transactions are down and inventories are still very low, but the factor is is that, relatively to the national market, sales really look good in the Palm Beach County area. Now let's talk a little bit about what you were talking about earlier, kerry, about inventories. When we talk about low inventories, there's multiple reasons why inventories are down. Okay, believe it or not, 60% of the people who currently bought a house in Palm Beach County bought it with a mortgage less than four years ago. So are they really ready to sell yet?
Karey Kendrick: 5:47
Well, there's no motivation to sell in their mind because they have such great interest rates, right? So their concern is that they do sell, the interest rates going to be totally different than what they're experiencing right now.
Rick Kendrick: 5:56
Yeah, they don't want to give up their interest rate right, and they're still. They're still in that process where they're pretty comfortable. They really do not probably have a logical reason why they're going to go ahead and put their place on the market. They got to have a real reason why they want to do that. About 62% of the people have about a 4% or less interest rate today than they did, say, five years ago, six years ago. So what I'm saying to you is that that's one of the reasons why, typically speaking, inventories are low. One of the other reasons is really, when you look at it, is insurance. Now, insurance has become a big thing in Florida and there is a lot of things going on on a state level trying to rectify this problem. Because when you look at the insurance on homes here in the state of Florida, they're really relatively high according to the national picture. If you were to take the national picture, the average insurance on homes runs about $1,200 a year. Our average insurance runs about $6,000. Wow, here's the thing. A lot of people think the reason why our insurance is high is because of the weather conditions that we have hurricanes and things of that sort. But, believe it or not. The main reason why our insurance and the reason why a lot of companies, insurance companies are leaving our state is because of insurance fraud. So the factor is is that until we rectify this problem about insurance fraud and homeowners, we'll be able to move forward and make our situation a little bit better as far as affordability in Florida market. Does that make sense?
Karey Kendrick: 7:31
Yeah, insurance definitely is a huge issue in the state of Florida. In reality, rick, I believe that you've had a few situations lately where sellers have actually come to you with an interest in potentially selling their condo units, because the amount that their assessments are going up or their monthly condo dues are going up is sometimes double as a result of the increase in insurance and then, of course, having to bring their properties up to code after the collapse of the condo building and surfside, so that's been an issue as well.
Rick Kendrick: 8:05
But you could safely say I mean two factors that you see that are affecting our market. As far as that's concerned, the low inventories are because of people are just not ready to sell because they've had the house as long as they have and also because of the high cost of, say, insurance and things of that sort. But we still continually see a strong market. And I say that respectfully because on the downward pricing of homes, when you look at relative speaking, the medium price sale have increased. The average sales price only decreased by 1%. We still show a resilient in this market, particularly in the Palm Beach County areas, typically speaking Kerry, our inventories run about six months.
Karey Kendrick: 8:49
Well, a six month inventory level is considered sort of a balanced market. So if you have inventory levels that are below six months, then that is commonly referred to as a seller's market, and if you have inventory above a six month, okay that's a buyer's market.
Rick Kendrick: 9:03
So listen to. What we're saying here is that the market is still very strong and that we're still basically in a seller's market. So after the break, we're going to get into our main topic nine step systems to get your home sold fast and for top dollar. If you're thinking about maybe making a move either selling or buying give me a call or visit my website, rickhasthebuyerscom. We'll be right back.
Dave Sturgeon: 9:25
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: 9:45
So you're thinking about selling your home, may I suggest someone to call who'll get to the best price and sell it in like no time. He's a friend of mine, his name is Rick Kendrick and he's from your home sold guaranteed reality of Florida. Hi, it's Jennifer. Rick Kendrick is so confident in his marketing system 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. Dick and Arlene they lived in West Palm Beach in a country club, but Arlene always wanted to live near the beach. Can't blame her. Well, they found out about Rick through a neighbor who raved about how Rick's marketing system worked in selling his home. So they called Rick and within 12 days my friend presented them with an offer that they excitedly accepted because it was 98% of the asking price. Then Rick helped them find that perfect ocean front condo in Jupiter. Dick and Arlene so thrilled they've hired Rick again to help them purchase an investment property. If you need help selling your home, call Rick Kendrick 561-901-3333. 561-901-3333. Or visit rickhasthebuyerscom.
Eric Rosemary: 10:43
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: 11:10
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: 11:25
Welcome back from the break. In this segment we're gonna be talking about the nine step system to get your home sold fast with top dollar. So, Kerry, just talking about probably the biggest thing I know of is the seven deadly mistakes most home sellers make. What do you think?
Karey Kendrick: 11:40
the first one is I think we've got a handful here to discuss. We're gonna dive into each of these here in a minute, but as an overview, the first one is failing to analyze why they're selling. Second, is not preparing their home for the buyer's eye. Third, is pricing their homes incorrectly, selling too hard during showings, signing a long-term listing agreement without a written performance guarantee, making it too difficult for buyers to get information on your home and, finally, failing to obtain a pre-approval for your next purchase.
Rick Kendrick: 12:12
So the big question is why are they selling right?
Karey Kendrick: 12:15
Absolutely. The motivation for selling is going to basically determine your whole entire strategy.
Rick Kendrick: 12:19
That could be a number of things. It could be like your downsizing or your moving up You've got to move somewhere else out of the area. Maybe you're going through a divorce. Maybe you're just looking to get the money out of your home. Right, that could be one. But that keeps into how you're going to set your strategy as far as selling your home. That's probably one of the first questions we ask our sellers when we go and we sit down with them. The big question is why? Because then we're able to strategize, put together a plan on how we're going to sell their place and, more importantly, a timetable of all. Because let's just say, kerry, that they have to be in a new town, say, in four weeks. That puts us in a situation where we have to price it, probably at market, a little bit below market, so we can get it sold for them fast and be able to get them out as soon as possible. So, doing the homework on pricing, what do you think we ought to do there, kerry?
Karey Kendrick: 13:11
Yeah, so choosing the sales price of your home or the asking price that you're going to go to market with is an art. Ok, you don't want to come out too high and you don't want to come out too low. So you really do need to take into consideration all of the recent sales that have sold in your community and kind of compare that to the condition of your home.
Rick Kendrick: 13:28
What we do is that right off the bat, we'll walk around our house, we'll give them ideas of what to do and what not to do to get their house prepared, but we give them at the end there a free, detailed market evaluation. Now that really is determined on what's selling in their local neighborhood. It's based on the size of their house, how many bedrooms, how many baths and any improvements. So let's say, kerry, they look at Zillow right or they look at realtorcom. Is that really a true value to their home?
Karey Kendrick: 14:01
It can be a somewhat of a decent estimate, but the reality is still that these big companies can't see inside of our houses, right? So they don't know what it is that you've done to your home over the years. They don't know the quality of the improvements that you may or may not have done. So let's say you've renovated the kitchen, all right. That needs to be taken into consideration as far as what you're going to be able to get for your home. And then, of course, you do have to really take into consideration what's your competition, right? Is your neighbor's home three doors down on the market? If so, we need to make sure that we're competitively priced for them as well.
Rick Kendrick: 14:33
And they probably, when you look at it, maybe they added a pool, or they probably redid their bathrooms or redid their kitchen, and all those equate to a value to them. So sellers really need to do their homework. I know that they always come to me when we're sitting there and they go Rick, what do you think the value of your home is? Well, I'll give them a value and I'll say listen, we're in this price range. As we get closer to putting it on the market, we're going to zero in on that price to make it right, because really, what you're doing is that you've got to make sure you're going to be attracting those buyers relative what the market is doing in the area. So all I can say to you sellers is we will do our homework, I will do my homework. Before I meet with you, I would say the same thing you do your homework with that. So, carrie, the big question has always been finding a good real estate agent.
Karey Kendrick: 15:27
Absolutely so. You need to put a strategy in place to find the best agent that you're going to be able to work with. We always suggest possibly interviewing a few agents, always having a list of questions handy, so that, whenever somebody is sitting there in your home interviewing for the job of selling it, that you can get some information out of them as far as what is their marketing plan, what is it that they're going to be doing to keep you informed as to what's happening? Communication is a really big issue, and I think it's the biggest issue as to why folks don't actually go back and use the agent that they've used in the past 73% of the people say they wouldn't go back to their agent because of that.
Rick Kendrick: 16:06
Number one issue is poor communication. I would be mindful, mr Sellers, of getting an agent to do it at a reduced fee, not to say that you can't negotiate. That. That isn't meaning they have the experience and the talent to get the maximum price with the least amount of hassle for your house. The other thing is just because they're nice doesn't mean they have the knowledge to do this and the experience and a strong marketing plan put together so you are able to get the price that you're looking for. Sometimes agents I'll tell you this right up front will say hey, listen, I don't care what they say the price of their house is, I'm gonna go ahead, whatever they say, I'm gonna list it for their price. That's a downfall. That can be a situation where, in the long run, it will not help you out. You will not get the business that you're looking for as far as a value of the property, so maximizing your home sales potential.
Karey Kendrick: 17:01
So this is the appearance of your home, right? We have done a show previously about tips that you can implement to get the most amount of money for your home. But basically, preparing it for sale, getting it ready, getting it cleaned up, making sure that the yard is cut and trimmed, that you know you've cleared all clutter out of the home, all things that are gonna make a really big impact, because what you want is you want, when that buyer is walking through the door, to be able to visualize themselves in your home. If, when they walk in, it's dirty and it's overwhelming with all of your things, sometimes it's difficult for them to see themselves living there. So as much that you can clean up the home, the better off you are in terms of how much money that you're gonna be able to get for the home. Also, if they walk in and they see a mess, sometimes in the back of their mind they're thinking that this home may be more costlier if I were to purchase it than maybe another one that they've looked at because they're thinking to themselves that the home may not be very well maintained. Like Rick said earlier, he will come into your home. You can give him the tour and he'll point out some inexpensive things that you can do that will make the most impact, so that you'll be able to get the most money possible.
Rick Kendrick: 18:07
So all those factors come into play. As far as pricing your home too, you got to make sure not only the curve appeal but the inside of the house has a lot to offer to the potential buyer going in there, carrie. So making it easier for prospects to get information on your home what do you think should go with that?
Karey Kendrick: 18:23
It's sort of like the theory where, whenever you walk into the car dealership and the sales person walks up to you and says, can I help you? And you're like, no, I'm just looking right Deep down. You're there because you really have a strong interest in purchasing a car, yet you don't want to be bothered by a sales person just yet. So if the agent that you've hired to work for you has innovative technology set up, like 800 numbers or text messaging just creative ways for buyers to get information on your home without feeling like they're gonna be hounded by a real estate agent can be actually very helpful in creating more interest in your property.
Rick Kendrick: 18:55
We do offer a 24-hour hotline, seven days a week. They can get detailed information on that particular property at any time. So what they have to do essentially is that they'll be driving by the house. We have a sign out. That sign gives them a special identity number for that particular home. Or they go on a website and they'll pick up that special identity number and they're able to get detailed information on the house at that time. But also at the end they have to provide us their name and telephone number so we can follow up with them. So another thing, kerry, I think was pretty, pretty interesting is that we require from all our sellers is that we haven't filled out a sellers disclosure. Now that sellers disclosure tells the potential buyer anything that's gone on with the house since they've owned it New roof, new hot water heater, ac, been repaired. These things right here help and ease the mind of the buyer when they get ready to make an offer If they know exactly what's going on, because basically the seller is selling the house as is. So once a buyer signs on a dotted line, it's his house. That's the reason why buyers always do a home inspection before they actually go through the final stages of buying the home. So you know we we got to get to know the buyer, obviously, but we'll let the seller know who's coming in the door, making sure they're pre-approved, making sure the contract is complete. Our agents have been fully educated on that aspect of when we have a transaction coordinator to go through that processing to make sure the contract is complete. More importantly and this is our specialty we make sure that the seller's got a place to go, either by another home or they're moving to another location. So the day that they move out they're going to somewhere else where they belong. After the break let's talk about our feature listening of the week, our buyers and waiting program. Talk a little bit about our your home sold guarantee relative go serve big mission. We'll be right back.
Dave Sturgeon: 20:47
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: 21:08
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 want to deal with the headaches of cleaning, staging, holding open houses and all that other Stuff?
Rick Kendrick: 21:26
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: 21:44
Come on, you can do that absolutely.
Rick Kendrick: 21:46
Jen will come right over a 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: 21:55
Call Rick Kendrick right now 561 901 33 33. That's 561 901 33 33 or visit Rick.
Eric Rosemary: 22:03
Has the buyers Com hi, I'm Eric Rosemary, branch manager at cross-country mortgage in poker atone. 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 rosemary mortgage team calm.
Dave Sturgeon: 22:32
If you're ready to buy or sell your home and would like to schedule an appointment with Rick, call 561 901 33 33 or go to Rick has the buyers dot com. Now back to the your home sold guaranteed radio show and your host, rick Kendrick all right, folks, we're back in this final segment of the show.
Rick Kendrick: 22:50
We're gonna be going through and highlighting our listings that we just brought on the market. We like to do this on a weekly basis. So, listeners, if you are considering making a move or you have an interest in having your home featured on our radio show, we'd love to have that discussion. But first let's talk about our buyers and waiting. You know, carrie, we met about seven buyers this past week and listeners, just to let you know, if you're thinking about selling and you don't want that hassle of an open house or tons of show-ins, all these buyers have been pre-approved, ready to go. In particular, we do have a buyer who's looking in at 450 to 550 range, pre-approved, is gonna be putting 20% down. Conventional loan is looking to make a move here in the next 30 to 60 days. So if you are thinking about maybe making a move, I would be happy to come over, take a look at your place and if it does fit their needs, I'd be happy to set an appointment for them to take a look at it. So just to let you know, we do have over 19,000 buyers in our database and if you're out there considering the sell or would consider entertaining an offer from one of our buyers. Just give me a call at 561-901333 or go to. Rick has the buyers Com. So let's get to our listings. We still have this property out in Westlake. This is a dazzling home. It's got four bedrooms, two and a half baths, over 2,400 square feet. It is the lowest price per square foot home in Westlake. It's currently on the market for 648. It's only two years old. Everything's practically new. Seller is basically ready to go. So I encourage you. If you are thinking about maybe making a move out in the Westlake area, I really recommend that you take a look at this. Give me a call, I'll be happy to show it to you. You know, kerry, we can tell that the snowbirds are starting to come in now. We have a rental that we just leased got on the contract this week, aberdeen Boynton. This time of the year is when we start getting the people who are looking to do winter rentals. This Particular property went under contract for ten thousand dollars a month and they're gonna be renting this for the next seven months. So you know, sellers, if you're thinking about doing something like that Maybe renting it out or you're thinking about making an investment in a property. We can provide that property to you where you can rent these out on an ongoing basis, because there are plenty of People who live up north that want to come down here and be here three or four months out of the year. We have the condo in Fort Lauderdale. It's a two bedroom, two bath. Again. This gentleman's probably spent about a hundred thousand dollars for improvements to it. It's just over 1200 square feet. It's located in Fort Lauderdale as a great view. It's priced at five thirty nine five hundred. This one is ready to go, I would say. In fact the seller is not living in the property anymore, so he's basically ready to get an offer on this property. Of course, out in Locks-of-Hatchee we do have a property out there, brand new, ready to go, never lived in over 2000 square feet, four bedroom, three bath, priced at 849. It's a custom built home on one and a half acre of Land. So, buyers, if you're looking for something that's brand new out in a Locks-of-Hatchee with no HOAs, this is a great opportunity for you to take a look at our features for the week. Buyers they're thinking about maybe making a move now. This is probably the best time to do it. We can show you these properties anytime you would like to take a look at it. So, kerry, tell us a little bit about the go serve big mission.
Karey Kendrick: 26:11
Yes. So we like to donate a portion of the income that we make off of our home sales to local charities in our area as part of our Go serve big mission. So this year we have set a goal to raise $25,000 for various charities like Little Smiles and the law enforcement assistance foundation. So if you happen to be listening and you or anyone you know are considering a move, we would love the opportunity to discuss that with them.
Rick Kendrick: 26:33
Thank you for taking time to listen to our show today. This is Rick Kidrick, with your home sold, guaranteed realty serving the southeast Florida coast. Our network extends across the country and Canada. You can call me or text me at 561 901 33 33. So we look forward to next week. Tune in every Sunday at 10 am To 850 Wftl news radio.
Dave Sturgeon: 26:56
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 561 901 33, 33 or visit Rick. Has the buyers calm 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.