Claim OwnershipReal Life Impact Podcast
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© Chuck Carstensen 2019
Description
Chuck Carstensen with the Carstensen Team at RE/MAX Results interviews guests with conversations about real estate insights, personal/spiritual growth, and making a difference by impacting lives locally or globally. Plus we keep our followers up to date on the Minnesota real estate market.
195 Episodes
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I am someone who will normally hire someone with more expertise then me to do most anything. Today I think I am losing the battle with my pressure release valve on my water heater which brought this topic up overall for many real estate situations.
We are more and more doing our very best to make the best use of our time. So part of that is pointing out to buyers things on a listing they request to see and asking if its still worth seeing it for example. You should value your time even more too.
Often we will follow up with potential clients and if someone is not ready to make a move they are waiting for something. Sometimes it could be work related. Sometimes its world politics or economy related. It could be many things and here is what could the problem with waiting.
Its raining a lot the last 3 days in Minnesota and one of the best ways to see if the basement gets wet is to look at a home during a heavy Spring Rain. Another way is simple look at the real estate disclosures.
The market is very active now in much of the extended twin cities metro area. There still is limited inventory and multiple offers. When you go further out to Rural MN the market moves at a solid pace, but some of the higher price properties are sitting on the market.
One of the things that most buyers, sellers and realtors talk about is that you should get a pre approval for a loan before looking at homes. However, there are times when buyers want to look without pre approvals. The annoying situations is when buyers know they cant be approved for a while but still try to get showings on properties.
I think most people would agree with the one at the top of me list. Realtors not getting back to you. As a Realtor I do follow up with buyers, sellers and agents often. I suppose there are times I forget to follow up with someone unintentionally. This mention pertains to no follow up after several attempts.
We are in the spring real estate market and it is interesting to see once again how tough it is for buyers. This video is a 2 minute summary of the Minnesota Real Estate Market!
Selling for sale by owner is something sellers from time to time explore. Over the years through other statistics and some of my own tracking the actual numbers for saving money rarely actually NETs the sellers more money. Now it will even make less sense for sellers to sell for sale by owner going forward.
One of the most common questions we get is when we have a listing and we get a direct call from a buyer. They will ask, When can I take a look at ...property xyz? And the normal response from me is I need more information and here is why...
Its very rare there is not a problem to solve in a real estate transaction. Sometime its needed to be solved before listing a property. Other times things comes up during the buyers financings or during the inspection. Realtors need to be able to help with the solutions for all the problems.
One of the things we sometimes see on coming soon listings for example that look like they will be a "Hot" property is site unseen offers. But should you make a sight unseen offer?
Often times in a heavily contested multiple offer situation we will see some of the buyers waive doing a home inspection. But is that something that a buyer should do? And if so, what could happen?
Real estate can be a long hour business in the hotter times of the year. What are the common things a Realtor is working on late into the evening?
In this update I talk about the variety of real estate listings I work with from land sales, to residential sales in Minnesota and Wisconsin. Plus the Occasional rental listing as well.
What I am noticing at least for our team is a lot more inquires then January and February. This is very common historically for Minnesota Real Estate activity.
We are starting to see more and more multiple offer situations. There is a lot of pent up real estate demand now. For buyers you need to be pre approved and ready to go to compete for a home. This video covers some options for buyers competing in multiple offer situations.
When you are a buyer and hear that there are multiple offers on the property here is an explanation of what that means and common questions we get in multiple situations. This is part #1 of two recordings on the topic.
Over the years of doing real estate we do have a lot of crazy and strange situations we deal with. With all the videos I am doing I will share some of these from time to time. Here is one about a very difficult and strange situation.
We are always looking for business contacts to refer our customers and clients too. We do have contractors we do work with an refer, but we can always expand our list of options and we are missing some business. So please send us your favorite contractors contacts! If you are a business person you think we could work with please also reach out.
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