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תוכן מסופק על ידי Bo Winn. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Bo Winn או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
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Now On Netflix
1 American Primeval & Back in Action 18:21
18:21
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18:21In a difficult week for Los Angeles, we hope this episode can provide a little bit of respite. Jessica Shaw is joined by Keely Flaherty from Tudum for a deeper dive into the gripping limited series, American Primeval , starring Betty Gilpin and Taylor Kitsch. Then also talk about the delightful return of Cameron Diaz and Jamie Foxx in the new action comedy, Back in Action , directed by Seth Gordon. Follow Netflix Podcasts for more and read about all of the titles featured on today’s episode exclusively on Tudum.com .…
How Can You Determine What Your Clients Are Looking For?
Manage episode 185038710 series 1329590
תוכן מסופק על ידי Bo Winn. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Bo Winn או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
Today I want to talk about how to best help your clients find the home of their dreams.
Selling a home? Get a free home value report
Buying a home? Search all homes for sale
Today I’d like to talk about what people are looking for when they want to buy a house.
Sometimes buyers are simply looking for a home, but they are often also looking for an investment as well as their own, private place. Many people simply do not want to be beholden to an apartment complex where the rent keeps rising. So what do you have to do?
First, you need to nail down some details of what your client is looking for in a home. How big of a home do they want? How much are they wanting to pay for it? What neighborhoods are they thinking of moving into? These are all important questions you should ask your client as you begin the home search.
Remember, it’s not about what you think they want—it’s about what the client wants.
How does a buyer know it’s a good deal? They are relying on you as their Realtor to answer those questions that they have. By helping them figure out what they want in their house, you get to make the process a little bit more fun for both of you and you get to know your client a little more.
“
”
If you’re a buyer, it’s good to get to know your Realtor. When you find the home you’re looking for, make sure that you’re asking the right questions of your Realtor. When you go to make an offer, ask them why the offer they draw up with you is a good offer. What is the best offer for the home you want to purchase? The agent will help you figure out what the best deal is to offer to the seller. If you’re a buyer, it’s good to get to know your Realtor and what they’re thinking.
”
As a Realtor, your job is to find out what the client needs as a buyer. What is the most important thing for your client, and why is it the more important thing? As you develop a relationship with your client, you’ll be able to help them make the right decisions about the home.
What happens if you put in an offer and you can’t make the deal? It just means that you weren’t meant to get that deal. Move on to what’s next and what you can do to make the next deal more successful. Keep searching until you find the right property for your client.
The bottom line is this when it comes to buying or selling a house: what it all means is that you’re doing something different. You’re starting a new chapter in your life, so have a great time!
If you have any additional questions or you’re looking to buy or sell a home in our area, don’t hesitate to reach out. I’d be happy to help!
16 פרקים
Manage episode 185038710 series 1329590
תוכן מסופק על ידי Bo Winn. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Bo Winn או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
Today I want to talk about how to best help your clients find the home of their dreams.
Selling a home? Get a free home value report
Buying a home? Search all homes for sale
Today I’d like to talk about what people are looking for when they want to buy a house.
Sometimes buyers are simply looking for a home, but they are often also looking for an investment as well as their own, private place. Many people simply do not want to be beholden to an apartment complex where the rent keeps rising. So what do you have to do?
First, you need to nail down some details of what your client is looking for in a home. How big of a home do they want? How much are they wanting to pay for it? What neighborhoods are they thinking of moving into? These are all important questions you should ask your client as you begin the home search.
Remember, it’s not about what you think they want—it’s about what the client wants.
How does a buyer know it’s a good deal? They are relying on you as their Realtor to answer those questions that they have. By helping them figure out what they want in their house, you get to make the process a little bit more fun for both of you and you get to know your client a little more.
“
”
If you’re a buyer, it’s good to get to know your Realtor. When you find the home you’re looking for, make sure that you’re asking the right questions of your Realtor. When you go to make an offer, ask them why the offer they draw up with you is a good offer. What is the best offer for the home you want to purchase? The agent will help you figure out what the best deal is to offer to the seller. If you’re a buyer, it’s good to get to know your Realtor and what they’re thinking.
”
As a Realtor, your job is to find out what the client needs as a buyer. What is the most important thing for your client, and why is it the more important thing? As you develop a relationship with your client, you’ll be able to help them make the right decisions about the home.
What happens if you put in an offer and you can’t make the deal? It just means that you weren’t meant to get that deal. Move on to what’s next and what you can do to make the next deal more successful. Keep searching until you find the right property for your client.
The bottom line is this when it comes to buying or selling a house: what it all means is that you’re doing something different. You’re starting a new chapter in your life, so have a great time!
If you have any additional questions or you’re looking to buy or sell a home in our area, don’t hesitate to reach out. I’d be happy to help!
16 פרקים
כל הפרקים
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Winn Properties Video Real Estate Blog With Bo Winn
Selling a home? Get a free home value report Buying a home? Search all homes for sale If you’re thinking about buying a home in 2018, you’d better get started now. Here are some things you can do to prepare for the process: Interview potential real estate agents . Find an agent who you like and who seems to like you. They should be knowledgeable about the market that you’re looking in as well. Find a mortgage broker or lender . Interview at least a couple. Find out how they work, what they do, and how long their process takes to close on any real estate transaction you pursue. Have them check your credit score . Remember that things like Credit Karma and actual mortgage lender credit checks are two entirely different things that use different figures and different types of analysis. Your score on Credit Karma may look really good, but your mortgage lender will pull your credit score and could possibly come up with a vastly different figure. Get pre-approved . If you find a property that you like, you want to be able to walk into a deal with everything all lined up and ready to go. You should also confer with your lender to make sure that you’ll be able to close within 30 days. Have your down payment, due diligence fee, and earnest money ready to go so that all you have to do is just write a check. “ Find an agent that you like and who seems to like you. ” Keep tabs on interest rates . Interest rates are starting to creep up right now, and you want to be able to keep your interest rate as low as possible. Don’t open up any new credit cards or other lines of credit. Ask for a financial gift. Instead of asking for stuff this Christmas, ask for a financial gift so that you can have some money going toward the pot. Remember, when you go to buy your first home, there are going to be other things that you never even thought about buying that your parents always had when you needed them. I wish everyone a wonderful and happy Thanksgiving. Please stay safe out there and enjoy your holiday season. If you have any questions or comments, please feel free to reach out to me. Until next time!…
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Winn Properties Video Real Estate Blog With Bo Winn
Selling a home? Get a free home value report Buying a home? Search all homes for sale Here are the top 10 reasons you should list your home this fall: 10. By selling now, you’ll have the opportunity to be a non-contingent buyer in the spring. When there are more houses on the market for less money, this will allow you to sell high and buy low. 9. You can still restrict showings during the holidays. 8. January is traditionally the month for employees to start new jobs. Since transferees can’t wait until spring to buy, you need to be on the market in fall and winter in order to capture those buyers. 7. Some people are looking to buy before the end of the year for tax reasons. 6. Buyers have more time to look for a home near the holidays than they do during the work week. “ People who look for homes during the fall, winter, and during the holidays are much more serious buyers. ” 5. Buyers are more emotional during the holidays, so they’re more likely to accept your price. 4. Houses show better when they’re decorated for the holidays. 3. Supply will dramatically increase in January, which means less demand for your home. Less demand means less money. 2. Serious buyers have fewer options to choose from during the fall and winter, and less competition means more money for you. 1. People who look for homes during the fall, winter, and during the holidays are much more serious buyers. If you have any more questions about selling your home during the fall and winter season, don’t hesitate to reach out to me. If you’d like a free home evaluation, go ahead and call or text me at (919) 614-4533. Until next time, I hope to hear from you!…
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Winn Properties Video Real Estate Blog With Bo Winn
Selling a home? Get a free home value report Buying a home? Search all homes for sale If you’re trying to make up your mind between selling or remodeling your home, the answer depends on what you’re looking for. If the house is too small for your growing family, you’ll probably want to look for a larger home. If you like the house you live in but it needs updating, remodeling might be the answer. In terms of remodeling, the best bang for your buck lies with the kitchen and/or the bathrooms. Your budget will determine how much you end up doing. A full kitchen remodel usually costs between $20,000 to $50,000 or more. A bathroom remodel usually costs between $10,000 to $30,000 or more. The difference depends on how many walls, doors, and windows you want to move, which types of fixtures and appliances you want, and which type of flooring you want. Your biggest expenses are usually cabinets, vanities, and countertops. “ You should meet with at least three contractors to get a feel of how much it will cost. ” Do your research before you meet with a contractor —you should meet with at least three to get a good feel of what it will cost. Labor usually costs the same, so most of the cost boils down to what materials you purchase. Try to compare different makes and models of flooring, appliances, fixtures, etc., to get a good idea. If you have any questions about home remodeling or you’re thinking of buying or selling a home in our Raleigh market, don’t hesitate to reach out to me. I’d love to help you.…
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Winn Properties Video Real Estate Blog With Bo Winn
What is going on in the market? 2017 has been a year of change, so let’s take a look at the latest trends. Selling a home? Get a free home value report Buying a home? Search all homes for sale Real estate is constantly evolving and 2017 has been consistent with this fact. This year has shaped up to show a lot of change in our market and continues to do so as we near the fall months. If you still have a real estate transaction planned for this year, it never hurts to have a good handle on what’s trending in the marketplace. A few things should be on your radar for the rest of the year. Moving forward this year, home prices may begin to stabilize due to rising interest rates. This could lead to a seller drop in equity. Therefore, the chances buyers have of getting a good deal is becoming more and more promising. An increasing number of millennials are coming into the market. As a result, demand is expected to rise. Keeping your finger on the pulse of the market can help you to make smart choices. Suburbs are going to be a popular area to which many millennials will move, since suburbs offer buyers the chance to get more bang for their buck. Homeowners should also expect to see a rise in equity. With the potential influx of new homeowners, supply may shrink. As a result, the available housing inventory may become sluggish. Keeping your finger on the pulse of the market can help you to make smart choices whether you’re buying or selling. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
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Winn Properties Video Real Estate Blog With Bo Winn
Today I want to talk about how to best help your clients find the home of their dreams. Selling a home? Get a free home value report Buying a home? Search all homes for sale Today I’d like to talk about what people are looking for when they want to buy a house. Sometimes buyers are simply looking for a home, but they are often also looking for an investment as well as their own, private place. Many people simply do not want to be beholden to an apartment complex where the rent keeps rising. So what do you have to do? First, you need to nail down some details of what your client is looking for in a home. How big of a home do they want? How much are they wanting to pay for it? What neighborhoods are they thinking of moving into? These are all important questions you should ask your client as you begin the home search. Remember, it’s not about what you think they want—it’s about what the client wants. How does a buyer know it’s a good deal? They are relying on you as their Realtor to answer those questions that they have. By helping them figure out what they want in their house, you get to make the process a little bit more fun for both of you and you get to know your client a little more. “ If you’re a buyer, it’s good to get to know your Realtor and what they’re thinking. ” If you’re a buyer, it’s good to get to know your Realtor. When you find the home you’re looking for, make sure that you’re asking the right questions of your Realtor. When you go to make an offer, ask them why the offer they draw up with you is a good offer. What is the best offer for the home you want to purchase? The agent will help you figure out what the best deal is to offer to the seller. As a Realtor, your job is to find out what the client needs as a buyer. What is the most important thing for your client, and why is it the more important thing? As you develop a relationship with your client, you’ll be able to help them make the right decisions about the home. What happens if you put in an offer and you can’t make the deal? It just means that you weren’t meant to get that deal. Move on to what’s next and what you can do to make the next deal more successful. Keep searching until you find the right property for your client. The bottom line is this when it comes to buying or selling a house: what it all means is that you’re doing something different. You’re starting a new chapter in your life, so have a great time! If you have any additional questions or you’re looking to buy or sell a home in our area, don’t hesitate to reach out. I’d be happy to help!…
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Winn Properties Video Real Estate Blog With Bo Winn
Your down payment isn’t the only money you’ll need when buying. Here are six more costs to consider. Selling a home? Get a free home value report Buying a home? Search all homes for sale Most people think that once they’ve made their 20% down payment that the home buying process is over. Technically it is, but there are still a few costs that you’ll have after the deal is finalized. Here are a few things to take care of after you’ve got the keys to a new home. 1. Change all the locks and keys. You don’t know who has copies of the old keys. By replacing them, you take away any liability on your part. 2. Buy a lawn mower. If you’re living in a detached home, you’ll need one in order to cut the grass. 3. Patio furniture . You may or may not need things like an umbrella, a grill, or other patio furniture. 4. Snow removal equipment. A shovel is cheap, but a snow blower isn’t. You might be able to find some good deals online though. 5. Window coverings. You’ll need to get either shades, blinds, or curtains. 6. Appliances. If you’re in a newer home, you might luck out. However, there’s a good chance you’ll need to replace some of your older appliances. These are just a few things to keep in mind. If you have any questions or want more information about what you should be doing once you move into a new home, give us a call or send us an email. We look forward to hearing from you soon.…
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Winn Properties Video Real Estate Blog With Bo Winn
If you want to remodel your house, focusing on these two areas will bring you the best bang for your buck. Selling a home? Get a free home value report Buying a home? Search all homes for sale When you remodel your property, there are a couple rules to follow that will help you get the biggest bang for your buck. The places that offer the best return on your investment in the house are the kitchen and bathrooms. Remodeling those rooms should get you about a 100% return on your money. A kitchen remodel typically runs between $25,000 and $50,000 and a full bathroom remodel usually runs about $20,000 to $30,000. Of course, you can do it for a lot less depending on how much you do. “ I always recommend that you get at least three different estimates. ” I always recommend that you get at least three different estimates and let the contractors know that you're getting multiple estimates. Check their references and see if there are any pictures of the work those contractors have done in the past. Remember, you'll live in the house while the remodel work is going on. You need to prepare yourself for that hardship. Believe me, it will be a hardship! However, it will be extremely rewarding once it's done. If you'd like a free home evaluation or you need a recommendation for a great contractor for your remodel, don't hesitate to give me a call or send me an email. I'd love to help you!…
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Winn Properties Video Real Estate Blog With Bo Winn
Demand for certain locations and corresponding pricing has caused a buyer frenzy in our Raleigh market and made it the perfect time to list your home for sale. Selling a home? Get a free home value report Buying a home? Search all homes for sale The latest news from our Raleigh market paints an interesting picture. Mortgage rates have stabilized and are still below 5%. We’re looking at a two or three-month supply of housing inventory, which a record low or at least close to it. The average days on market is just 47 days. “ Now is a great time to put your home on the market. ” The premium properties between $50,000 and $300,000 are usually being sold within two or three days. Demand for certain locations and corresponding pricing has caused a buyer frenzy with multiple offers. We had one offer of more than $20,000 over list price with a promised quick close that still didn’t get the property. Did I mention there were 23 other offers on that property? Now, sellers are asking for $1,000 to $10,000 in due diligence fees for properties that are less than $500,000. Multi-family properties are even more competitive with even fewer opportunities. The number of market opportunities is down 30% compared to this time last year. This is a great time to sell your property, so if you’re thinking about listing or have any other questions about our market, don’t hesitate to give me call or shoot me an email. I’d be glad to help.…
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Winn Properties Video Real Estate Blog With Bo Winn
There are 10 things you must know if you want to sell your home for top dollar and leave no pennies on the table. Selling a home? Get a free home value report Buying a home? Search all homes for sale What are the 10 things you absolutely must know to sell your home without leaving a penny on the table? 1. Neutralize your home. Strong statements of wallpaper and paint may appeal to a select group of people, but most will see it as additional work if they buy the home. Paint, wallpaper, and carpet are usually matched with furniture that will change, so stay with neutral colors so all buyers can see their furniture in the home. 2. Depersonalize your home. The buyer must see the house as their new home. Too many personal family items, pictures, trophies, posters, etc. will hinder this process. A few personal items are fine, but if you find yourself looking in each room at your things and not at the room, it’s time to remove some items and get the room down to the bare essentials. 3. Declutter your home. Take everything off the floor that does not have to be there. More floor space makes the home seem larger. The same goes for countertops. Clutter is worse than dirt. Too much stuff makes the house confusing, and the buyer’s mind gets cluttered. Start packing! You’re moving anyway. 4. Attack odors. People buy homes with all their senses. You may not be able to smell your pet, but believe me, others can. Strong food odors are also a turnoff. I used to buy frozen cookie dough and cut it into small pieces and put a piece or two on a cookie sheet in the oven at about 200 degrees for 30 minutes prior to a showing. 5. Have a garage sale. I’ve shown hundreds of properties, and what people are most surprised by is a nice, clean, orderly garage. It speaks to the care that you take toward the rest of the house, and with a bit of effort, you can purge through things you no longer use or need and you will make room to pack your boxes. 6. Horizontal surfaces. The eye naturally scans a room from left to right. By clearing off tables, minimizing shelves, and taking things off of your kitchen and bathroom counters, you are not only able to start packing, but you will be making your home more visibly pleasing for the purchaser. “ If a buyer is at your front door, you should always open it. ” 7. Mentally prepare yourself. Having your home on the market is never convenient. Buyers are on the hunt, and in addition to having your home ready, you must be mentally prepared to adjust your schedule in catering to these buyers. 8. Be flexible. If a buyer is at your front door, you should always open it. If they are in the yard, then they are excited and ready to see it. Leaving work at a moment’s notice may be necessary to land the buyer, so be ready. Otherwise, something better may just be around the corner for those buyers. 9. Don’t show your cards. As an agent, my job is to keep the buyer and seller apart. I ask my clients not to be home when their house is being shown. This is not possible as a FSBO (For Sale By Owner), so make sure not to let on where you are going because it could affect your bottom line. 10. Ask an expert such as myself. I have helped hundreds of home sellers obtain top dollar. Some paid me a commission, others did not. I am happy to be your resource. Everybody needs a good Realtor—even FSBOs. If you are selling your home or looking to buy a new one and would like to schedule a strategy session, please don’t hesitate to give me a call. If you’d like to receive a copy of my “90-Step Marketing Plan” or you’d like to learn more about my team, visit Bowinn.com . I look forward to speaking with you!…
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Winn Properties Video Real Estate Blog With Bo Winn
Buying a home is a major investment, so here are nine common home buying traps you must avoid to secure the home that’s best for you. Selling a home? Get a free home value report Buying a home? Search all homes for sale The term ‘buyer beware’ is one that all buyers should know and understand. No matter which way you look at it, buying a home is a major investment. For many homebuyers, it can be an even more expensive process than it needs to be because many fall prey to a least a few of the many common and costly mistakes which trap them into either paying too much for the home they want, losing their dream home to another buyer, or buying the wrong home for their needs. A systemized approach to the home buying process can help you steer clear of these common traps, allowing you to not only cut costs but also secure the home that's best for you. Here are the nine most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them: 1. Bidding blindly: What price should you offer when you bid on a home? Is the seller's asking price too high, or does it represent a great deal? If you fail to research the market in order to understand what comparable homes are selling for, making your offer would be like bidding blindly. Without this knowledge of market value, you could easily bid too much or fail to make a competitive offer at all on an excellent value. The main thing you need to do to avoid this is employ an experienced Realtor. 2. Buying the wrong home: What are you looking for in a home? It’s a simple enough question, but the answer can be quite complex. More than one buyer has been swept up in the emotion and excitement of the buying process only to find themselves the owner of a home that is either too big or too small. Maybe they're stuck with a longer than desired commute to work or a dozen more fix-ups than they really want to deal with once the excitement has died down. Write down all the things you’re looking for and all the things you don’t want in a home up front. 3. Unclear title: Make sure very early on in the negotiation process that you will own your new home free and clear by having a title search completed. Attorneys usually handle this in North Carolina, but you want to get them to do the title search as soon as possible so you don’t end up with tax liens, undisclosed owners, easements, leases, etc. 4. Inaccurate survey: You always want to make sure you have a survey done on your property. This is to protect yourself as the buyer. You want to make sure your house isn’t encroaching on someone else’s property. I’ve heard of people having to move new construction because their survey was incorrect, and they only had to move it a few feet. Make sure you’re very clear and that you understand your survey. “ Don’t jeopardize your investment by falling prey to one of these traps. ” 5. Undisclosed fix-ups: Don't expect every seller to own up to every physical detail that will need to be attended to. Both you and the seller are out to maximize your investment. Ensure that you conduct a thorough inspection of the home early in the process. I prefer to do it within the first week the property goes under contract. You should always have two or three inspectors you can choose from, and you want to use one who’s very negative. After all, that’s what home inspections are all about. They’re looking for things that are incorrect—not what is correct. 6. Not getting a mortgage pre-approval: Getting a pre-approval is fast, easy, and free. When you have a pre-approved mortgage and the right house comes along, all you have to do is submit that letter right then and there and that will open up a whole new avenue to work with. It’s also a great negotiating tool. 7. Contract misses: If a seller fails to comply with to the letter of the contract by neglecting to attend to some repair issues or changing the spirit of the agreement in some way, this could delay the final closing and settlement. Agree ahead of time on a dollar amount for an escrow fund to cover items that the seller fails to follow through on. Prepare a list of agreed issues, walk through them, and check them off one by one. 8. Hidden costs: Make sure you identify and uncover all costs—large and small—far enough ahead of time. When a transaction closes, you will sometimes find fees for this or that sneaking through after the subtotal fees such as loan disbursement charges, underwriting fees, etc. Understand these in advance by having your lender project total charges for you in writing. 9. Rushing the closing: Take your time during this critical part of the process and insist on seeing all paperwork three to five days prior to closing. Make sure this documentation perfectly reflects your understanding of the transaction and that nothing has been added or subtracted. Is the interest rate right? Is everything covered? If you rush into the process on the day of closing, you could hit a last-minute snag that you can't fix without compromising the terms of the deal, the financing, or even the sale itself. If you’re selling your home or would like to schedule a strategy session to talk about it, feel free give me a call. If you’d like, I can also send you a copy of my “90-Step Marketing Plan.” My team and I would be happy to help you.…
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Winn Properties Video Real Estate Blog With Bo Winn
If you’re a seasoned real estate investor or want to be one, this webinar will give you some tools to help you meet your real estate investing goals. Selling a home? Get a free home value report Buying a home? Search all homes for sale Welcome to my webinar, Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment. If you’re a seasoned investor, or want to be, this webinar will give you some tools to help you meet your real estate investing goals. At the end of this webinar, there will be a free offer to get you started on your way to a real estate investing career. So what qualifies me to present this webinar? I have over 25 years of real estate investing experience, have closed millions of dollars in transactions, am a certified commercial investment member (CCIM), and am also a certified real estate strategist. I also have a strong background in property management and have managed and owned over 85 properties. Without further adieu, let’s get started with Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment. You can follow along with this outline which corresponds with the above video. 1. Know what success looks like. 0:53 What do you want to achieve with your investment? How do you plan to get there? What is your goal? Have you written it down? Have you strategized your plan? Have you defined success? 2. Know what type of investment to make. 1:29 Rental Rehabbing Flipping Buy Selling 3. Know what path will get you there — either active or passive. 2:42 What type of investment are you looking for? Active: where you manage your own property and have a hands-on approach Different types of passive: one way is taking two points at the closing of a finished product on the amount invested at 12% interest with a six-month guarantee. If it closed in three months, you get the full six-month portion. That is done with a Promissory Note as a private lender. Pro Forma with renderings and the cost of materials with SKU numbers are also included. Another type of passive investing path is having a property management company manage your property. What is the success rate and number of deals completed? 4. Know what type of property to invest in. 3:53 What type of property? Is ROI important to you? What is your measuring stick? Townhome or Condo Single detached Duplex Triplex Quadraplex Multi-family 5. Know the strategic location for your investment. 5:29 Where do you want your property located? Depends on your investment type. 6. Craft a wealth management team. 5:49 CPA Tax attorney Real estate attorney Lenders Inspectors Insurance agent Pest control Etc. 7. Being with the end in mind. 6:35 What is your exit strategy and for how long? Do you have an exit strategy? If not, make one! More than 10 years? It depends! Five or 10 years? It depends! How about six years? Why? Law of diminishing return 8. Take action and make an investment! 7:18 If you want more information, go to www.bowinn.com or call (919) 614-4533 Find out more about our Strategic Investor Partnership Program. I hope you enjoyed this webinar, and I look forward to connecting with you soon!…
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Winn Properties Video Real Estate Blog With Bo Winn
We hope you all have a happy holiday season. We also wanted to ask if you could help us out with a special cause this year. Selling a home? Get a free home value report Buying a home? Search all homes for sale First off, let me wish all of you a happy holiday season and thank you for helping me have a successful year in 2016. I’m looking forward to an even better year in 2017. Instead of talking about real estate, today I want to talk about something different that is near and dear to my heart. The Caring Community Foundation is an organization I am part of whose mission is to provide financial support for cancer patients in need by helping cover expenses that become difficult to manage during cancer treatment. “ Help us help those in need this holiday season. ” To date, we’ve been able to help more than 2,700 patients. This is a local organization that has been helping so many in the Triangle area, and they hope to expand further as time goes on. We have raised a little under $2 million in total and we are looking to raise even more through your help and generosity. When cancer attacks a person, it affects their whole family. This is just one small way we are trying to give back to the community in need. If you can’t make a monetary donation, donations of time and energy are always appreciated. If you want to make a donation to this great cause, just visit their website by clicking here . I hope you all have a great holiday season, and I look forward to working with you in the future. If you have any questions for me, don’t hesitate to give me a call or send me an email. Until next time!…
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Winn Properties Video Real Estate Blog With Bo Winn
Homes priced incorrectly take much longer to sell. Selling a home? Get a free home value report Buying a home? Search all homes for sale Finding the true value of your home and pricing it accurately is extremely important when you're selling. When pricing your home, consider comparable homes. What have other homes in your neighborhood sold for recently and how do they compare in terms of size and amenities? You also need to consider competition—how many other homes are for sale in your neighborhood? Are you in a hot area or competing against new homes? You must also consider contingencies. Do you have special concerns that would affect the price you would receive? For example, do you want to be able to move in four months or sooner? Have you already picked out a new home? Are you being transferred for your job? To determine value, you can also get an appraisal. For a few hundred dollars, an appraiser can give you an estimate of your home's value, but be sure you ask for a market value appraisal. Similarly, you can also ask a lender. Since most buyers will need a mortgage, it's important that a home sale price is in line with the lender's estimate of the home's value. “ Homes priced incorrectly take much longer to sell. ” When pricing, it's critically important to be accurate. Studies show that homes priced more than 3% over the market value will take longer to sell. Also, think about what price you're willing to accept before you begin negotiating with a buyer. Finally, you want to hire a sharp, aggressive Realtor to help you. It'll be well worth the money in the long run. If you have any questions for me or you're thinking of selling your home, give me a call. I'd love to work with you.…
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Winn Properties Video Real Estate Blog With Bo Winn
How do you know when it is time to sell your home? Here are six surefire signs that now is the time to make your move: 1. You feel cramped but you can’t add on. Your family might not be growing anymore, but that doesn’t mean your lifestyle fits in your current home. 2. You have too much space. Are you overwhelmed by vacant rooms and silence? Saying goodbye to a family home can be difficult, but consider whether or not it is feasible for you to stay. If yardwork or house upkeep is becoming too much to handle or utility bills are cramping your style, it might make more sense for you to move. 3. You’re over the neighborhood. Maybe you can no longer deal with the rigid HOA rules, or your neighbors turned their house into a rental for frat guys. Maybe the 40 minute commute to work wasn’t a big deal the first few years, but now it is. Neighborhood dynamics can change dramatically over time, and your life might change, too. 4. Remodeling won’t offer a return on your investment. Before making significant improvements to your home, you need to study your neighborhood. What are the highest price points in your neighborhood? If your home is already similar in style and condition to the pricier homes in the neighborhood, remodeling might be a bad idea. Consider selling instead. 5. You can afford to sell. You’ve got to spend money to make money, so seller, beware: you’re not going to be sitting around waiting for the cash to roll in from your home sale. You will have to invest some money in order to net more money from your home sale. 6. You are ready to compete. Most of us are living in a seller’s market these days. If that’s the case, you may be enticed to offload your home before the market cools off. However, don’t forget that once you sell your home, you will become a buyer in a seller’s market. “ If your neighborhood dynamics have dramatically changed, it may be time to move. ” If you still aren’t sure whether now is the time to sell your home, just give me a call or send me an email. I would be happy to sit down with you and discuss everything. In the meantime, if you have any other questions, please don’t hesitate to reach out to me. I would be happy to help you!…
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Winn Properties Video Real Estate Blog With Bo Winn
Selling a home? Get a free home value report Buying a home? Search all homes for sale If you have a 30-year loan, there are ways to pay it off eight years sooner and achieve your financial freedom. When you buy a home, you can choose between a 15-year mortgage and a 30-year mortgage. Although most people would prefer the 15-year mortgage, they probably can’t afford the higher monthly payments that come with that option, and have to choose the 30-year mortgage instead. Make one extra payment a year to shave 8 years off your loan. However, you can turn that 30-year loan into a 22-year loan. Simply make one extra payment a year. If that is too much, break that extra payment into bite-sized bits and add them to your regular payment. You can also switch to bi-weekly payments to achieve the same effect. Making that extra payment is a good balance for those who want a 15-year loan but can’t quite afford it. This easy tip helps you achieve financial freedom eight years earlier. If you have any questions, just give me a call or send me an email. I would be happy to help you!…
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Winn Properties Video Real Estate Blog With Bo Winn
Selling a home? Get a free home value report Buying a home? Search all homes for sale Today we’ve got a quick market analysis for you for the Triangle real estate market. A lot of people are asking us the same thing, “Are we in a buyer’s or seller’s market?” “ This market benefits everyone. ” The truth is, we are in a unique market, and both buyers and sellers are benefiting from it. Our inventory is down to a 4-month supply, making it a pretty good seller’s market. A lot of properties are getting multiple offers, and many of those offers are over asking price. At the same time, interest rates are still extremely low, and there are good buys in the market if you know where to look. All in all, this is a market that benefits everyone who is involved. If you have any questions for us or are looking to buy or sell in the Triangle, give us a call or send us an email. We look forward to hearing from you!…
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