Why I Work With Friends, And You Should Too

Why I Work With Friends, And You Should Too

 

Do you have a policy on working with friends and family?

I have been surprised by how many people have the policy to not mix business and pleasure. When the topic comes up, people bring up being concerned about the relationship being ruined. Maybe they had a deal go south and it ended the friendship, or their obnoxious cousin, Shelly, can’t help but pitch her new MLM, which ruins the family gatherings. Sometimes it’s as simple as not trusting that your friend or family member is an expert in their field.

All of these reasons have definitely crossed my mind over the years, and I have chosen to not work with certain friends or family members in the past. But this post is an explanation of why I continue to work with friends and family as often as possible:

There is no need to feel awkward!

You already remember each other’s names. You already know each other’s preferences, and there is no need to impress each other or feel silly asking questions. You’re just talking to your friend!

Communication is seamless.

Balancing work and personal life can be a bit of a hassle, but I love what I do, so chatting about real estate in social settings isn't an issue for me. We already know each other’s preferred form of communication, and what is reasonable for everyone involved. Sometimes people will apologize for asking real estate questions when we are just hanging out with our kids, but truly, it's not bother. It's a delight!

The custom service is ideal!

I love having friends know me well enough to notify me of something that might serve me or my family. Typically, I live real life with the people I work with, and my friends are able to educate me on services that I may need but didn’t even know were an option.

I get to celebrate with my friends when they reach milestones.

There is nothing better than helping and seeing someone I love and care for succeed.

Honestly, working with friends is my favorite. In fact, most clients that are referred to me end up becoming friends! Sometimes it’s not a great fit, and that’s okay. But after years of practice I have been able to navigate the bumps in the road and keep the relationship intact. You know that old saying, “communication is key”? It’s so true! Being able to communicate your needs clearly is so important to any professional or personal relationship.

Find out the questions I ask myself BEFORE I decide to work with a friend or family member.

Schedule your no pressure in-depth valuation today!

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Market Update: February 2019

 Market Update: February

Hi ladies and gentlemen,

Below I'll be going into the existing supply of affordable housing, the current interest rates, and how demand is continuing to grow in our area.

Housing Supply:

“The spring homebuying season is almost upon us, and if rates stay lower, inventory continues to grow, and the job market maintains its strength, we expect to see a solid spring market.” Mike Fratantoni Chief Economist at MBA.

Housing Supply 19'

Interest Rates Decrease:

Due to interest rates remaining low, and inventory increasing the Chief Economist at NAR, Lawrence Yun, the Chief Economist at Zillow, Aaron Terrazas, and Freddie Mac all agree that the supply and demand is leading us into an increase in existing home sales. New construction home sales are expected to remain flat. Existing home prices are continuing to appreciate, but it is at lower levels than the last few years. The market is not depreciating, but the rate of appreciation is decelerating.

Feb Interest rates 19'

Low Inventory:

Our biggest challenge is the availability of supply. Low inventory coupled with sustained demand creates an opportunity for sellers to capture a higher sales price due to less competition.

Best price to sell

2019 will be a great year to capitalize on your properties equity.

Keep more money when selling your property!

Fill in the information below to find out how much your house would sell for.

Please enter your name.
Please enter a valid email.
Please enter a message.
Please check this field.

All the best!

Is the price right?

Why I Work With Friends, And You Should Too

 

Do you have a policy on working with friends and family?

I have been surprised by how many people have the policy to not mix business and pleasure. When the topic comes up, people bring up being concerned about the relationship being ruined. Maybe they had a deal go south and it ended the friendship, or their obnoxious cousin, Shelly, can’t help but pitch her new MLM, which ruins the family gatherings. Sometimes it’s as simple as not trusting that your friend or family member is an expert in their field.

All of these reasons have definitely crossed my mind over the years, and I have chosen to not work with certain friends or family members in the past. But this post is an explanation of why I continue to work with friends and family as often as possible:

There is no need to feel awkward!

You already remember each other’s names. You already know each other’s preferences, and there is no need to impress each other or feel silly asking questions. You’re just talking to your friend!

Communication is seamless.

Balancing work and personal life can be a bit of a hassle, but I love what I do, so chatting about real estate in social settings isn't an issue for me. We already know each other’s preferred form of communication, and what is reasonable for everyone involved. Sometimes people will apologize for asking real estate questions when we are just hanging out with our kids, but truly, it's not bother. It's a delight!

The custom service is ideal!

I love having friends know me well enough to notify me of something that might serve me or my family. Typically, I live real life with the people I work with, and my friends are able to educate me on services that I may need but didn’t even know were an option.

I get to celebrate with my friends when they reach milestones.

There is nothing better than helping and seeing someone I love and care for succeed.

Honestly, working with friends is my favorite. In fact, most clients that are referred to me end up becoming friends! Sometimes it’s not a great fit, and that’s okay. But after years of practice I have been able to navigate the bumps in the road and keep the relationship intact. You know that old saying, “communication is key”? It’s so true! Being able to communicate your needs clearly is so important to any professional or personal relationship.

Find out the questions I ask myself BEFORE I decide to work with a friend or family member.

Schedule your no pressure in-depth valuation today!

Please enter your name.
Please enter a message.

5 Important Questions

5 Important Questions

 

We have all had a friend or family member that wanted us to buy something from them. Makeup, clothes, furniture, and the list goes on. I personally love shopping local and love supporting my friends and family but what about that age old saying “don’t mix business with pleasure”?

After years of serving people, I’ve come up with a way to find out if working with someone will be a good fit, regardless of if they are a friend of family member. The first step is to visualize that person, then ask yourself…

 

Is this person an expert in their field?

Malcolm Gladwell discussed becoming an expert in his best-selling book, “Outliers”. He proposes that it takes about 10,000 hours of deliberate practice to become an expert at any given topic. That’s about 10 years. So it takes about 10 years of intentional, mindful studying and practice to finally be able to claim expert status. Look at any given field. Electrical, beautician, auto mechanic, clothing designer, ect. When considering an investment opportunity, I’m forced to ask myself “has this person done the work and put in the time to become an expert?”

Is this person trustworthy with personal information?

If someone gossips to me, then the chances are high that they are gossiping about me to someone else. Sharing stories to communicate a point can be done in a way that doesn’t violate someone’s trust. When I consider working with someone, I always take into consideration how they speak of past client relationships. I have decided that I only partner with people who are transparent and honest enough to give it to me straight, but not too boisterous or open mouthed about personal information… especially about an investment or big decision. A real estate agent should ONLY be speaking with you and their designated broker about your transactions. Period. No excuses.

Can I ask questions without being made to feel stupid?

Every profession has inside language. Heck, every FAMILY has inside language! If someone is specialized in a field, they should feel secure enough to explain it to me in a way I can understand. If they aren’t willing inform me or take the time to answer my questions, I probably don’t want to work with them. Especially if it’s a financial investment! A sure-fire sign of expert status is that they can clearly lay out the stages or process to their profession without inside language or jargon.

Can I accept constructive criticism from this person?

This goes hand in hand with being able to ask questions. If I am going to trust someone with my time and money, and they have the heart of a teach and want to help me, there are bound to be things that come up where I just don’t know what is best… typically it’s because I don’t do it full time! So if my electrician is able to explain the rationale behind a process, I’ll probably trust their experience enough and go with their opinion. This is only after I am secure that they have my best interest in mind, not their bank account.

Is this person level-headed in difficult situations?

Financial purchases can turn emotional real quick! I have found that a big portion of my job is to help keep people grounded and focus on the facts at hand. If someone folds under pressure
over small matters, it’s safe to presume they will fold under big matters too. Making sure you have a level-headed viewpoint is so important when it comes to negotiating repairs and closing terms. You need someone who can help find solutions.

If your answer was no to any of these questions, then it sounds like you probably need to have a conversation with this friend of family member. If it’s not a good fit, that is okay! Explaining to them ahead of time that you are concerned about the relationship being at risk is a totally valid. Any friend worth their weight will understand and may even have the same thoughts.

On the other hand, if you were able to say Yes about the person you were visualizing, then it is probably fine to work with them! Personally, I have found that friends and family members tend to do a BETTER job and care more about protecting me than someone that I don’t have a connection with.

Get the 7 secrets to a stress free transaction here! 

Real Estate Vocab

Why I Work With Friends, And You Should Too

 

Do you have a policy on working with friends and family?

I have been surprised by how many people have the policy to not mix business and pleasure. When the topic comes up, people bring up being concerned about the relationship being ruined. Maybe they had a deal go south and it ended the friendship, or their obnoxious cousin, Shelly, can’t help but pitch her new MLM, which ruins the family gatherings. Sometimes it’s as simple as not trusting that your friend or family member is an expert in their field.

All of these reasons have definitely crossed my mind over the years, and I have chosen to not work with certain friends or family members in the past. But this post is an explanation of why I continue to work with friends and family as often as possible:

There is no need to feel awkward!

You already remember each other’s names. You already know each other’s preferences, and there is no need to impress each other or feel silly asking questions. You’re just talking to your friend!

Communication is seamless.

Balancing work and personal life can be a bit of a hassle, but I love what I do, so chatting about real estate in social settings isn't an issue for me. We already know each other’s preferred form of communication, and what is reasonable for everyone involved. Sometimes people will apologize for asking real estate questions when we are just hanging out with our kids, but truly, it's not bother. It's a delight!

The custom service is ideal!

I love having friends know me well enough to notify me of something that might serve me or my family. Typically, I live real life with the people I work with, and my friends are able to educate me on services that I may need but didn’t even know were an option.

I get to celebrate with my friends when they reach milestones.

There is nothing better than helping and seeing someone I love and care for succeed.

Honestly, working with friends is my favorite. In fact, most clients that are referred to me end up becoming friends! Sometimes it’s not a great fit, and that’s okay. But after years of practice I have been able to navigate the bumps in the road and keep the relationship intact. You know that old saying, “communication is key”? It’s so true! Being able to communicate your needs clearly is so important to any professional or personal relationship.

Find out the questions I ask myself BEFORE I decide to work with a friend or family member.

5 Things To Avoid When Selling

5 Things To Avoid When Selling

 

Put your bright yellow buyers cap on with me and imagine you’re searching for a new home. A place you can be comfortable inviting your friends over for a birthday party, or hosting the next family holiday. You’re scrolling through the different properties online and decide to go see a few in person… now ask yourself, what differentiates the properties to you? What helps you filter the properties you just want to see online and which you are compelled to see in person?

 

After decades of witnessing just about every listing faux pas, misstep, and bad marketing strategy out there, I’ve compiled the top 5 things to avoid when selling your property. Let’s get your listing from one they just want to see online, to one they are compelled to see in person!

1. Waiting to market

In today’s modern social media world, there are plenty of ways to create intrigue before your house actually goes live on the MLS. Preliminary marketing and preparation is just as important as the actual marketing itself! Make sure your property is marketed and targeted on social media platforms and to the right audiences.

2. Showing only by appointment

Having people coming in and out of your house all day long is not the only alternative to showing by appointment only. But I gotta’ tell you, the most common reasons a listing doesn’t get shown is because there is a “by appointment only” requirement for the listing. There are plenty of legitimate reasons to want by appointment only, but if there are only a few hours each day the house is accessible to be shown then the likelihood of the buyer viewing and making an offer on another home goes up dramatically. To ease the anxiety of showings, I’ve come up with a sellers care package, but just understand that if you require an appointment, there are some buyers that will never even get the chance to see your property in real life.

3. Bad photos

We all know that a picture says a thousand words. Having clear photos is critical to communicating a properties value to prospective buyers. Not only do you need clear, well cropped photos, but you need photos of the right areas! Places like kitchens, living rooms, and areas of the property that stand out should be the only photos listed. You want to encourage them to come and see more!! Not give it all up at first glance. Striking the right balance is extremely important.

4. Ignoring Curb Appeal

Thanks to shows like Fixer Upper, the DIY craze has inspired and empowered an entire generation to take on rehabbing their homes instead of buying brand new. What this means to existing properties is that they no longer need to take a shot in the dark and replace the floor coverings. Or remodel the kitchen before someone will want to buy. The one thing that people will notice right away, and draw them to come inside and see more is the first impression. The curb appeal! Add some cemetery to the front porch. Consider painting your door a bold, bright color. Clear out the dead plants, and maybe spread some grass seed. Remember… first impressions may be all you get when selling, so make it count!

5. Not working with a professional

Everyone knows someone who sells real estate. The threshold for entry is entirely to low. If you’re serious about selling your property for top dollar, work with someone who has a heart to serve, and the background to cover your ASSet 😉 If you have a friend that is a real estate agent, check out the 6 questions you should ask yourself before working with a friend or family member in the biz.  

Here’s the deal, if you want to sell your property for top dollar, you need to speak with someone who can help reduce your anxiety, help you take calculated risks, and bring you from just another property on the market to a property that will actually sell.

Get the 7 secrets to a stress free transaction here! 

Market Update: January 2019

 Market Update: February

Hi ladies and gentlemen,

Below I'll be going into the existing supply of affordable housing, the current interest rates, and how demand is continuing to grow in our area.

Housing Supply:

“The spring homebuying season is almost upon us, and if rates stay lower, inventory continues to grow, and the job market maintains its strength, we expect to see a solid spring market.” Mike Fratantoni Chief Economist at MBA.

Housing Supply 19'

Interest Rates Decrease:

Due to interest rates remaining low, and inventory increasing the Chief Economist at NAR, Lawrence Yun, the Chief Economist at Zillow, Aaron Terrazas, and Freddie Mac all agree that the supply and demand is leading us into an increase in existing home sales. New construction home sales are expected to remain flat. Existing home prices are continuing to appreciate, but it is at lower levels than the last few years. The market is not depreciating, but the rate of appreciation is decelerating.

Feb Interest rates 19'

Low Inventory:

Our biggest challenge is the availability of supply. Low inventory coupled with sustained demand creates an opportunity for sellers to capture a higher sales price due to less competition.

Best price to sell

The bottom line is that a changing market is not a bad thing. It is a sign that our economy is starting to stabilize. If you have been considering selling, now is a great time. There is a pent up demand for well priced, existing homes.

Keep more money when selling your property!

Fill in the information below to find out how much your house would sell for.

Please enter your name.
Please enter a valid email.
Please enter a message.
Please check this field.

All the best!

Market Update: December 2018

 Market Update: February

Hi ladies and gentlemen,

Below I'll be going into the existing supply of affordable housing, the current interest rates, and how demand is continuing to grow in our area.

Housing Supply:

Housing Supply 19'

“The spring homebuying season is almost upon us, and if rates stay lower, inventory continues to grow, and the job market maintains its strength, we expect to see a solid spring market.” Mike Fratantoni Chief Economist at MBA.

Interest Rates Decrease:

Feb Interest rates 19'

Due to interest rates remaining low, and inventory increasing the Chief Economist at NAR, Lawrence Yun, the Chief Economist at Zillow, Aaron Terrazas, and Freddie Mac all agree that the supply and demand is leading us into an increase in existing home sales. New construction home sales are expected to remain flat. Existing home prices are continuing to appreciate, but it is at lower levels than the last few years. The market is not depreciating, but the rate of appreciation is decelerating.

Low Inventory:

Best price to sell

Our biggest challenge is the availability of supply. Low inventory coupled with sustained demand creates an opportunity for sellers to capture a higher sales price due to less competition.

Keep more money when selling your property!

Fill in the information below to find out how much your house would sell for.

Please enter your name.
Please enter a valid email.
Please enter a message.
Please check this field.

All the best!

Renovate vs. Move

Should I Renovate or Move?

 

I know what you’re thinking: I've been asking myself this question for months!! This time of year gets us all thinking about if our current space fits our current needs. I'm going to guide you through the myths, best practices, and help you nail down your next steps. You ready?

The Real Question:

Have you considered adding a room, or maybe changing your floor plan? Maybe you’re in need of a downsize because your property is just to much for you to maintain. It’s not easy to decide whether you should remodel or if it makes more sense to move…. but if you’re feeling stuck on this question, you should probably re-frame it. Here is what you should actually be asking:

“Does this property fit my current needs?”

Taking the time to renovate might fix the problem, but finding a property that already suits your needs could be more financially responsible. You and I both know that the only real way to get the best ROI (return on investment) is to know the numbers. 

Common Myths

Renovation Myth: Sticking to the budget will keep the project cost effective

McKenzie says to Casey "If we plan everything out beforehand, we can stay in budget!"

I am all about a good plan and budget! But any time you do a renovation, you quickly find out that there are always unexpected items. The problems happen when allocate $10 per square foot for tile, but fall in love with tile that's $25 per sq ft. Or you allow for $10,000 worth of appliances, but later Costco has the beautiful, higher end appliances right now. Or opening up that wall to make an open living space to find the support beam is rotten and your priorities change.

Selling Myth: I can list my house and just see what happens

Signing a listing agreement means that you have decided to sell your property. Being wishy washy about what your plan is could cost you hours of frustration and discouragement and your real estate agent hundreds of dollars.  Making an educated, informed decision is the best place to start. 

 

Best Practices

Ask yourself the hard questions. No one knows your needs better than you do. Putting pen to paper will help you clarify what really matters to you. Make sure you fully understand the pros & cons of both options.

To Do:

  • Write down you top 5 needs and wants of a property, in order of priority.
  • Create a detailed list of what would need to be done to make your existing place fit those top 5.
  • Get at least 3 bids per renovation project.
  • Speak with a professional and get a current market analysis to see how much equity you have.  
  • Compare monetary and emotional expense for selling vs renovating.

Click here to download your FREE Top 5 Needs & Wants guide.

Next steps!

Take the pressure off of selling vs. renovating debate. Instead,  refer back to the real question: “Does this house and property fit my current needs?” If the answer is no (you probably wouldn't be this far down if the answer was clear to you), then what are you going to do about it? I challenge you to honestly answers these questions, and fill out the Top 5 sheet …because after all, you have to live here every day! And it should be servicing your needs.

The Ultimate Seller's Checklist

Learn what buyers are looking for. This checklist will help you:

✓ Reduce the risk of inspection surprises

✓ Save Time by knowing what matters

✓ Increase market appeal

✓ Avoid mistakes by working with an expert

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How much is someone willing pay for your property?

Fill in the form below and I'll be in touch with your properties value! You may have more equity than you think.

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