Latest / Connor with Honor: AI, Real Estate and Real Life / Santa Clarita real estate data for the current housing market update by Santa Clarita Open Houses January 2025

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Santa Clarita real estate data for the current housing market update by Santa Clarita Open Houses January 2025 · Connor with Honor: AI, Real Estate and Real Life

• 0:00
  SPEAKER_00: Welcome to a deep dive into the Santa Clarita real estate market.
• 0:03
  SPEAKER_00: It's early January 2025, and we're looking at the data and some expert analysis.
• 0:08
  SPEAKER_00: So if you're thinking about buying or selling or maybe even a little investing, we're going to help you navigate this market.
• 0:14
  SPEAKER_01: And what we're going to be looking at is a snapshot of the market based on data pulled just a few days ago on January 7th, 2025.
• 0:21
  SPEAKER_00: Aaron Powell So it's really up to the minute.
• 0:23
  SPEAKER_01: It is.
• 0:23
  SPEAKER_00: Okay.
• 0:23
  SPEAKER_00: So first, the overall picture over 680 total listings in the Santa Clarita Valley.
• 0:29
  SPEAKER_01: Wow.
• 0:30
  SPEAKER_00: That's across Agua Dolce Canyon Country, Castag, New Hall, Saga Stevenson Ranch, and Valencia.
• 0:37
  SPEAKER_01: You know, and that doesn't even include all the coming soon listings.
• 0:40
  SPEAKER_00: What are coming soon listings?
• 0:42
  SPEAKER_01: These are the properties that are in the pipeline getting ready to come on the market officially.
• 0:45
  SPEAKER_01: They're not publicly advertised yet, but they kind of give us a glimpse into what's coming down the road.
• 0:50
  SPEAKER_00: Aaron Powell Okay.
• 0:50
  SPEAKER_00: So where are most of the coming soon listings?
• 0:53
  SPEAKER_01: It seems like Canyon Country is a hot spot for those coming soon listings.
• 0:57
  SPEAKER_00: Canyon Country.
• 0:57
  SPEAKER_00: All right, well, one of the things that kind of jumped out at me was uh 42 properties had price changes in one week.
• 1:03
  SPEAKER_00: That seems like a pretty big swing.
• 1:05
  SPEAKER_01: Definitely.
• 1:06
  SPEAKER_01: It's signaling that uh sellers are starting to adapt to the current buyer activity.
• 1:12
  SPEAKER_00: Aaron Powell So why is this happening now at the beginning of January?
• 1:15
  SPEAKER_01: Well, consider this.
• 1:16
  SPEAKER_01: Sellers who listed their properties last year maybe holding out for those higher prices from the market peak are realizing they need to be more competitive as we enter the new year.
• 1:25
  SPEAKER_01: Buyer demand might not be quite as intense.
• 1:28
  SPEAKER_00: So they're having to kind of adjust their expectations.
• 1:30
  SPEAKER_01: They are so motivated.
• 1:31
  SPEAKER_01: Sellers are making adjustments to attract offers.
• 1:34
  SPEAKER_00: Aaron Powell Okay, let's get into some of the specifics.
• 1:36
  SPEAKER_00: Now we have these data tables that really kind of lay things out.
• 1:40
  SPEAKER_00: Yeah.
• 1:40
  SPEAKER_00: And there's some pretty interesting details in here, just in the range of listing prices.
• 1:45
  SPEAKER_00: The minimum is$153,900, all the way up to over$5 million.
• 1:51
  SPEAKER_01: Aaron Powell That showcases the diversity of the Santa Clarita market.
• 1:54
  SPEAKER_00: And the average list price is over$900,000.
• 1:57
  SPEAKER_00: Wow.
• 1:57
  SPEAKER_00: That's a good number to keep in mind for context.
• 2:00
  SPEAKER_01: Definitely.
• 2:00
  SPEAKER_00: And also the oldest house listed was built in 1915.
• 2:03
  SPEAKER_00: Wow.
• 2:04
  SPEAKER_00: Can you imagine the stories that house could tell?
• 2:06
  SPEAKER_01: Older properties like that add a unique flavor to the market.
• 2:09
  SPEAKER_00: Aaron Powell And of course, understanding how long a property is staying on the market before it's closed, that's key information for buyers and sellers.
• 2:16
  SPEAKER_01: It gives you a sense of the pace of the market.
• 2:19
  SPEAKER_00: Right.
• 2:19
  SPEAKER_00: Are things moving quickly or are they kind of lingering?
• 2:22
  SPEAKER_01: Exactly.
• 2:23
  SPEAKER_00: And speaking of different areas within Santa Clarita, um, I noticed that Agua Dolce has a much higher average list price than Canyon Country.
• 2:32
  SPEAKER_01: Yeah.
• 2:33
  SPEAKER_00: What's driving that?
• 2:35
  SPEAKER_01: Location location location agua dolce tends to have larger properties often sitting on acreage.
• 2:41
  SPEAKER_00: Oh, so bigger properties.
• 2:42
  SPEAKER_01: Which naturally pushes those prices higher.
• 2:44
  SPEAKER_01: Aaron Powell Okay.
• 2:45
  SPEAKER_00: Canyon Country, on the other hand, it's a wider mix of homes at different price points.
• 2:50
  SPEAKER_01: It is.
• 2:50
  SPEAKER_00: So it attracts a broader range of buyers.
• 2:52
  SPEAKER_01: Absolutely.
• 2:53
  SPEAKER_00: You know, something you mentioned earlier about comparable listings or comps as they're called.
• 2:57
  SPEAKER_00: You said we need to be careful about relying too heavily on old comps, especially in a dynamic market.
• 3:03
  SPEAKER_01: Aaron Powell We do, because the market is constantly in motion.
• 3:05
  SPEAKER_00: Aaron Powell So what a property sold for six months ago might not be accurate today.
• 3:10
  SPEAKER_01: Right.
• 3:10
  SPEAKER_00: So tell me, why is it so risky to rely on old comps?
• 3:14
  SPEAKER_01: Aaron Powell Well, for sellers, it can mean that they overpriced their homes and then they face challenges during the appraisal process.
• 3:20
  SPEAKER_00: Aaron Powell Oh, so they think they can get more for it than they actually can.
• 3:23
  SPEAKER_01: Right.
• 3:24
  SPEAKER_01: And on the flip side, buyers who aren't aware of current market trends might end up overpaying for a property.
• 3:31
  SPEAKER_00: Because they're looking at information that's not really relevant anymore?
• 3:34
  SPEAKER_01: Exactly.
• 3:34
  SPEAKER_00: So for our listener, it seems like the takeaway here is to make sure they're working with a realtor who's using the most up-to-date information.
• 3:40
  SPEAKER_01: Absolutely.
• 3:41
  SPEAKER_00: And speaking of realtors, I've noticed that buyers are becoming kind of hesitant about realtor commissions.
• 3:48
  SPEAKER_01: Yeah, I've noticed that too.
• 3:49
  SPEAKER_01: Some are trying to negotiate lower phase or even cut them out entirely.
• 3:53
  SPEAKER_00: So what value does a good realtor bring to the table?
• 3:56
  SPEAKER_01: That's a great question.
• 3:57
  SPEAKER_01: A truly valuable realtor is so much more than just a key holder and a paperwork shuffler.
• 4:03
  SPEAKER_00: Okay.
• 4:03
  SPEAKER_00: So more than just the logistics.
• 4:05
  SPEAKER_01: Yeah, they're market experts who have a deep understanding of pricing strategies, negotiation tactics, and the ins and outs of the entire buying or selling process.
• 4:14
  SPEAKER_00: So how can you tell the difference between a realtor who is really knowledgeable and one who's just relying on, you know, flashy marketing?
• 4:23
  SPEAKER_01: Aaron Powell One strong indicator is their content.
• 4:27
  SPEAKER_01: Are they creating blog posts, videos, podcasts that demonstrate their market knowledge?
• 4:33
  SPEAKER_00: Ah, so they're actually putting out good information that's helpful.
• 4:36
  SPEAKER_01: And are they investing in educating their clients and building trust?
• 4:40
  SPEAKER_00: So you can see that they're really invested in this.
• 4:42
  SPEAKER_01: That's a much better sign than someone who relies solely on paid advertising.
• 4:46
  SPEAKER_00: I did notice that in your analysis, you said that you don't have any dancing monkeys in your videos.
• 4:51
  SPEAKER_01: Well, you know, I try to keep things real.
• 4:53
  SPEAKER_00: I like that.
• 4:53
  SPEAKER_01: I believe authenticity is crucial in this business.
• 4:56
  SPEAKER_01: People are looking for a realtor who is genuine and knowledgeable.
• 5:00
  SPEAKER_00: Aaron Powell Right, not somebody trying to be the next, you know, viral sensation or something.
• 5:05
  SPEAKER_00: Exactly.
• 5:05
  SPEAKER_00: And you've been doing this since 1998.
• 5:07
  SPEAKER_01: I have.
• 5:08
  SPEAKER_00: That's a lot of experience to draw from.
• 5:10
  SPEAKER_01: I've seen my fair share of market cycles.
• 5:11
  SPEAKER_00: So you've seen it all.
• 5:12
  SPEAKER_01: I've seen a lot.
• 5:13
  SPEAKER_00: What kind of things have surprised you the most over the years?
• 5:16
  SPEAKER_01: I think one of the most surprising things is the speed at which information travels now with the internet and social media news about market shifts spreads so fast.
• 5:27
  SPEAKER_01: Oh, yeah.
• 5:27
  SPEAKER_01: And that has a real impact on buyer and seller behavior.
• 5:30
  SPEAKER_00: It makes it so much more dynamic.
• 5:32
  SPEAKER_01: It does.
• 5:33
  SPEAKER_00: So tell me for our listeners so far, what are the key takeaways from what we've discussed?
• 5:38
  SPEAKER_01: Well, first, the Santa Clarita real estate market is always shifting.
• 5:42
  SPEAKER_01: We're seeing sellers adjust their strategies with more price modifications happening.
• 5:46
  SPEAKER_01: And second, while data is essential, it needs to be current and accurate.
• 5:51
  SPEAKER_01: Relying on outdated information can be very misleading and potentially costly for both buyers and sellers.
• 5:57
  SPEAKER_00: Aaron Powell So you got to stay on top of it.
• 5:59
  SPEAKER_01: You do.
• 5:59
  SPEAKER_01: And finally, finding a knowledgeable realtor who genuinely adds value is crucial.
• 6:05
  SPEAKER_01: Don't hesitate to ask potential realtors about their experiences, their marketing strategies, and how they stay on top of the ever-changing real estate landscape.
• 6:12
  SPEAKER_00: Aaron Powell Those are all excellent points to keep in mind.
• 6:14
  SPEAKER_00: And we've covered a lot of ground already.
• 6:16
  SPEAKER_01: We have.
• 6:17
  SPEAKER_00: I feel like we're just getting started.
• 6:18
  SPEAKER_00: There's definitely more to explore.
• 6:20
  SPEAKER_00: We haven't even touched on specific advice for buyers and sellers.
• 6:23
  SPEAKER_01: Or the potential for investing.
• 6:24
  unknown: Right.
• 6:25
  SPEAKER_00: We'll dive into those topics next.
• 6:27
  SPEAKER_00: So stay tuned.
• 6:28
  SPEAKER_00: All right.
• 6:28
  SPEAKER_00: So we're back and ready to kind of dig a little deeper into this Santa Clarita market.
• 6:34
  SPEAKER_00: So let's say you're a buyer in this market right now.
• 6:38
  SPEAKER_00: Okay.
• 6:38
  SPEAKER_00: What are some of the things you should be paying attention to?
• 6:41
  SPEAKER_01: Well, one factor that's likely to have a big impact is that we're expecting the number of available listings to nearly double by the time summer rolls around.
• 6:49
  SPEAKER_00: Oh, wow.
• 6:50
  SPEAKER_01: That means more choices for buyers, but also potentially more competition.
• 6:55
  SPEAKER_00: Oh, so it's good and bad.
• 6:56
  SPEAKER_01: It is.
• 6:57
  SPEAKER_01: It's a game of musical chairs with more chairs added to the mix.
• 7:00
  SPEAKER_00: I like that analogy.
• 7:01
  SPEAKER_01: Thanks.
• 7:02
  SPEAKER_00: So with this increase in inventory, how do you see this balance of power shifting between buyers and sellers?
• 7:07
  SPEAKER_01: Aaron Powell Well, with more inventory, buyers might have a bit more leverage.
• 7:10
  SPEAKER_01: Sellers might be a little more open to negotiation, especially if they're facing more competition from other listings.
• 7:17
  SPEAKER_00: Makes sense.
• 7:18
  SPEAKER_01: However, keep in mind that desirable properties in prime locations, those could still attract multiple offers, especially as we get into the spring and summer months.
• 7:29
  SPEAKER_00: So buyers shouldn't expect a fire sale.
• 7:31
  SPEAKER_01: Right.
• 7:32
  SPEAKER_00: But they should be prepared to act when they find a property they like.
• 7:36
  SPEAKER_01: It's a balancing act between patience and preparedness.
• 7:39
  SPEAKER_00: Got it.
• 7:40
  SPEAKER_00: What about sellers?
• 7:41
  SPEAKER_00: What advice would you give to sellers in this kind of shifting market?
• 7:45
  SPEAKER_01: Accurate pricing is more critical now than ever.
• 7:47
  SPEAKER_00: Oh, really?
• 7:48
  SPEAKER_01: Sellers need to let go of any lingering attachments to those peak prices we saw in previous years.
• 7:54
  SPEAKER_00: Oh, so they can't expect to get as much as they maybe could have gotten a year ago.
• 7:57
  SPEAKER_01: Exactly.
• 7:58
  SPEAKER_01: Remember those price adjustments we talked about?
• 8:00
  SPEAKER_00: Right.
• 8:00
  SPEAKER_01: Those are a clear sign that the market is finding a new equilibrium.
• 8:04
  SPEAKER_00: Aaron Powell Yeah, you've been studying this market for a long time.
• 8:06
  SPEAKER_00: What are some of the shifts that have surprised you the most?
• 8:10
  SPEAKER_01: You know, I think one of the most surprising things has been the speed at which information travels now with the internet and social media news about market shifts.
• 8:18
  SPEAKER_01: It just spreads incredibly fast.
• 8:20
  SPEAKER_00: Yeah, that's true.
• 8:22
  SPEAKER_01: And that has a real impact on buyer and seller behavior.
• 8:25
  SPEAKER_00: Aaron Powell Makes it so much more dynamic.
• 8:27
  SPEAKER_01: It does.
• 8:28
  SPEAKER_00: Okay.
• 8:28
  SPEAKER_00: So how can sellers make sure they're pricing their homes competitively in this kind of environment?
• 8:33
  SPEAKER_01: Aaron Powell Work closely with a realtor to analyze recent sales data.
• 8:37
  SPEAKER_00: Okay.
• 8:38
  SPEAKER_01: For comparable properties, don't rely on outdated information or, you know, get emotional about your home's value.
• 8:45
  SPEAKER_00: Aaron Powell Yeah, you gotta be realistic.
• 8:46
  SPEAKER_01: Exactly.
• 8:47
  SPEAKER_01: Be realistic about what buyers are willing to pay.
• 8:50
  SPEAKER_00: Aaron Powell So it sounds like flexibility is key right now for both buyers and sellers.
• 8:54
  SPEAKER_01: Aaron Powell It is both sides need to be willing to adapt.
• 8:57
  SPEAKER_00: Okay.
• 8:58
  SPEAKER_01: Buyers might need to adjust their expectations on price or be prepared to compromise on certain features.
• 9:03
  SPEAKER_01: Okay.
• 9:04
  SPEAKER_01: Sellers might need to be more open to negotiations or, you know, consider making some updates to their homes to make them more appealing.
• 9:11
  SPEAKER_00: Aaron Powell Now let's talk about investing.
• 9:13
  SPEAKER_00: Our listener is curious about maybe purchasing an investment property in Santa Clarita.
• 9:17
  SPEAKER_00: What are your thoughts on that?
• 9:18
  SPEAKER_01: Well, Santa Clarita has historically been a solid market for real estate investment.
• 9:22
  SPEAKER_01: It's a growing area with good schools, a relatively low crime rate, and a strong local economy.
• 9:28
  SPEAKER_00: Sounds good.
• 9:30
  SPEAKER_01: However, like any investment, it's important to do your research and carefully consider all the factors involved.
• 9:37
  SPEAKER_00: What are some of the specific factors that investors should be looking at?
• 9:40
  SPEAKER_01: Rental demand is key research.
• 9:43
  SPEAKER_01: The rental rates in the areas you're considering.
• 9:45
  SPEAKER_00: Oh, okay.
• 9:46
  SPEAKER_01: Are they strong enough to cover your mortgage and other expenses?
• 9:48
  SPEAKER_00: Make sure it's actually profitable.
• 9:50
  SPEAKER_01: Exactly.
• 9:51
  SPEAKER_01: And make sure you factor in property taxes.
• 9:53
  SPEAKER_00: Oh, right.
• 9:53
  SPEAKER_00: Property taxes in California.
• 9:55
  SPEAKER_01: They're relatively high.
• 9:56
  SPEAKER_01: And of course, you want to consider potential appreciation.
• 9:59
  SPEAKER_00: So are values going up in the areas that you're looking at?
• 10:02
  SPEAKER_01: While past performance is never a guarantee, looking at historical property value trends can give you a sense of the potential for long-term growth.
• 10:10
  SPEAKER_00: Okay.
• 10:11
  SPEAKER_00: So weighing those risks and rewards, really understanding those numbers and getting a feel for the area.
• 10:17
  SPEAKER_01: It is.
• 10:18
  SPEAKER_00: So having a realtor by your side could be a big help here.
• 10:21
  SPEAKER_01: Absolutely.
• 10:21
  SPEAKER_01: A good realtor can be an invaluable resource for investors, providing insights into market trends, neighborhood dynamics, and you know, those potential investment opportunities.
• 10:32
  SPEAKER_01: They can connect you with property managers, lenders who can assist you in the process.
• 10:36
  SPEAKER_00: Aaron Powell So it's like having a whole team on your side.
• 10:39
  SPEAKER_01: Exactly.
• 10:39
  SPEAKER_00: It sounds like choosing the right realtor is crucial, whether you're buying or selling or investing.
• 10:45
  SPEAKER_01: It is your realtor, is your advocate, your advisor, your partner throughout the entire process.
• 10:50
  SPEAKER_00: Aaron Powell So how do you find that perfect match?
• 10:53
  SPEAKER_01: Well, first and foremost, look for experience, especially in the specific areas or types of properties that you're interested in.
• 10:59
  SPEAKER_00: Aaron Ross Powell Someone who really knows their stuff.
• 11:01
  SPEAKER_01: Someone who has successfully navigated multiple market cycles.
• 11:04
  SPEAKER_00: Oh, yeah, that's important.
• 11:05
  SPEAKER_01: They'll bring a level of wisdom and expertise.
• 11:07
  SPEAKER_01: Aaron Powell Okay.
• 11:07
  SPEAKER_00: So experience is a must-have.
• 11:09
  SPEAKER_00: What else is important?
• 11:10
  SPEAKER_01: Aaron Powell Communication is key.
• 11:13
  SPEAKER_01: You want a realtor who is a good listener, who truly understands your needs and your goals.
• 11:18
  SPEAKER_00: Right.
• 11:18
  SPEAKER_00: Someone you feel comfortable with.
• 11:20
  SPEAKER_01: Someone you can trust.
• 11:20
  SPEAKER_00: Aaron Ross Powell Yeah, buying and selling a home can be stressful.
• 11:23
  SPEAKER_00: So having a realtor who you know understands that.
• 11:26
  SPEAKER_01: Who is empathetic and supportive.
• 11:28
  SPEAKER_00: Aaron Ross Powell So it's not just about the logistics.
• 11:30
  SPEAKER_01: No, it's also about that emotional side of things.
• 11:32
  SPEAKER_00: Aaron Ross Powell So experienced communication, what about marketing?
• 11:36
  SPEAKER_01: That's a good question.
• 11:37
  SPEAKER_00: Aaron Ross Powell What should buyers and sellers be looking for in their realtors' marketing strategies?
• 11:42
  SPEAKER_01: Aaron Ross Powell Well, in today's digital age, a savvy realtor should have a strong online presence.
• 11:47
  SPEAKER_00: Aaron Powell Okay.
• 11:48
  SPEAKER_00: So social media and things like that.
• 11:49
  SPEAKER_01: Yes, they should be leveraging social media, video content, blog posts, even podcasts.
• 11:54
  SPEAKER_00: Aaron Powell To reach a wider audience.
• 11:56
  SPEAKER_01: Yes.
• 11:56
  SPEAKER_00: So it's not just about putting a sign in the yard anymore.
• 11:59
  SPEAKER_01: Aaron Ross Powell Exactly.
• 11:59
  SPEAKER_01: The most successful realtors are proactive and innovative in their marketing approaches.
• 12:05
  SPEAKER_00: Aaron Ross Powell So they're really creating a brand for themselves.
• 12:07
  SPEAKER_01: Aaron Ross Powell They are.
• 12:08
  SPEAKER_01: They're not just selling houses, they're selling their knowledge.
• 12:10
  SPEAKER_00: Trevor Burrus And their expertise.
• 12:12
  SPEAKER_01: Right.
• 12:12
  SPEAKER_00: So it sounds like choosing the right realtor is that crucial first step.
• 12:16
  SPEAKER_01: It is.
• 12:17
  SPEAKER_00: For anyone who's thinking about buying or selling.
• 12:18
  SPEAKER_01: Aaron Powell, your realtor is your advocate, your advisor, your partner.
• 12:23
  SPEAKER_00: So you really need to take your time and find the right person?
• 12:25
  SPEAKER_01: You do.
• 12:26
  SPEAKER_00: You've given us a lot of valuable information.
• 12:28
  SPEAKER_01: My pleasure.
• 12:29
  SPEAKER_00: As we wrap up this deep dive, what's one final thought you want to leave with our listener?
• 12:33
  SPEAKER_01: Knowledge is power, especially in a market like this one.
• 12:37
  SPEAKER_00: Okay.
• 12:37
  SPEAKER_01: So don't be afraid to ask questions.
• 12:40
  SPEAKER_01: Do your research seek out expert guidance.
• 12:42
  SPEAKER_01: The more informed you are, the better equipped you'll be to make those smart decisions.
• 12:46
  SPEAKER_00: Aaron Powell That's excellent advice.
• 12:47
  SPEAKER_00: And remember, we're here to help too.
• 12:49
  SPEAKER_00: If you have any questions or want to kind of dive into a certain aspect of this Santa Clarita market in a little more detail.
• 12:56
  SPEAKER_01: Please reach out.
• 12:57
  SPEAKER_00: Yeah, don't hesitate to reach out.
• 12:58
  SPEAKER_00: We're happy to connect you with resources or offer some more personalized guidance.
• 13:02
  SPEAKER_01: Absolutely.
• 13:03
  SPEAKER_00: Thanks so much.
• 13:04
  SPEAKER_01: You're welcome.
• 13:05
  SPEAKER_00: We're back for the final part of our deep dive into the Santa Clarita real estate market.
• 13:09
  SPEAKER_00: And you know, we've talked about a lot of things from, you know, just general trends in the market to advice for buyers and sellers, even for investors.
• 13:18
  SPEAKER_00: But uh one of the things that I'd like to kind of circle back to is um this idea of working with a realtor who really gets it, someone who goes beyond just the basics and is really kind of a strategic partner for you in this whole process.
• 13:33
  SPEAKER_01: Right.
• 13:33
  SPEAKER_01: And especially in a dynamic market like Santa Clarita, that can make all the difference.
• 13:37
  SPEAKER_00: Yeah.
• 13:37
  SPEAKER_00: So let's say you are a buyer or a seller in this market right now, and you're trying to find that perfect realtor.
• 13:44
  SPEAKER_01: Okay.
• 13:45
  SPEAKER_00: What are some of the qualities that you should be looking for?
• 13:48
  SPEAKER_01: Well, we've talked about experience and communication.
• 13:50
  SPEAKER_01: Right.
• 13:51
  SPEAKER_01: Both of those are essential, but I think beyond those core qualities, you really want to find a realtor who's proactive and forward thinking.
• 13:58
  SPEAKER_01: Aaron Powell Okay.
• 13:58
  SPEAKER_00: So someone who isn't just reacting to the market, but they're actually anticipating those shifts and those trends.
• 14:04
  SPEAKER_01: Exactly.
• 14:05
  SPEAKER_00: So how can you tell if a realtor has that kind of proactive mindset?
• 14:09
  SPEAKER_01: Aaron Powell Well, one way is to ask them about their approach to market analysis.
• 14:13
  SPEAKER_00: Okay.
• 14:13
  SPEAKER_01: Do they just rely on traditional data, or do they also incorporate insights from, you know, emerging trends, economic indicators, even social sentiment.
• 14:23
  SPEAKER_00: Oh wow.
• 14:24
  SPEAKER_00: So they're really plugged in.
• 14:25
  SPEAKER_01: Yeah.
• 14:25
  SPEAKER_01: You want someone who's constantly gathering information from a variety of sources to kind of get that full picture.
• 14:31
  SPEAKER_01: Trevor Burrus, Jr.
• 14:31
  SPEAKER_00: So they're almost like a detective piecing together these clues to figure out what's going to happen next.
• 14:38
  SPEAKER_01: That's a great analogy.
• 14:39
  SPEAKER_00: And you know, we talked about finding a realtor that you trust and that you feel comfortable with.
• 14:45
  SPEAKER_00: What are some good questions that a buyer or a seller could ask to see if they found that right fit?
• 14:50
  SPEAKER_01: I always encourage people to ask about the realtor's track record.
• 14:53
  SPEAKER_00: Okay.
• 14:54
  SPEAKER_01: In situations that are similar to theirs.
• 14:56
  SPEAKER_01: So for example, if you're a first-time home buyer, ask how many first-time home buyers they've worked with, what their average closing time is.
• 15:03
  SPEAKER_00: Oh, that's a good question.
• 15:04
  SPEAKER_01: If you're selling a luxury property, ask about their experience in that specific market segment.
• 15:11
  SPEAKER_00: It's almost like finding a specialist.
• 15:13
  SPEAKER_01: It is.
• 15:14
  SPEAKER_01: You want a realtor who has a deep understanding of the nuances that are relevant to your situation.
• 15:19
  SPEAKER_00: Aaron Powell We've talked about communication too.
• 15:21
  SPEAKER_00: What are some signs that a realtor is a good communicator?
• 15:23
  SPEAKER_01: Aaron Powell Well, pay attention to how they respond to your initial inquiries.
• 15:27
  SPEAKER_01: Do they get back to you quickly?
• 15:28
  SPEAKER_01: Do they listen carefully to your questions and concerns?
• 15:32
  SPEAKER_01: Do they explain things clearly and concisely?
• 15:35
  SPEAKER_00: Aaron Powell Right.
• 15:35
  SPEAKER_00: You can tell a lot from those early interactions.
• 15:37
  SPEAKER_01: You can.
• 15:38
  SPEAKER_00: So it's not just what they say, but how they say it.
• 15:40
  SPEAKER_01: Exactly, and how responsive they are.
• 15:42
  SPEAKER_00: Aaron Ross Powell Well, this has been a really insightful deep dive.
• 15:44
  SPEAKER_00: We've covered so much from the you know data to you know these more personal aspects of you know finding the right realtor.
• 15:52
  SPEAKER_00: It has.
• 15:53
  SPEAKER_00: And navigating this crazy market.
• 15:54
  SPEAKER_01: Aaron Ross Powell Absolutely, and it's been my pleasure.
• 15:57
  SPEAKER_00: What's one final thought that you would like to leave with our listener?
• 16:01
  SPEAKER_01: Aaron Powell I think the most important thing to remember is knowledge is power.
• 16:04
  SPEAKER_00: Okay.
• 16:05
  SPEAKER_01: The more you understand about the market, the better equipped you'll be to make those smart decisions.
• 16:10
  SPEAKER_00: Great advice.
• 16:11
  SPEAKER_00: And remember, we're here to help too if any questions came up for you during this conversation or if you're ready to kind of take that next step.
• 16:17
  SPEAKER_01: Please don't hesitate to reach out.
• 16:19
  SPEAKER_00: Yeah.
• 16:19
  SPEAKER_00: We're here to help guide you through the process.
• 16:21
  SPEAKER_01: Happy house hunting.
• 16:22
  SPEAKER_00: All right.
• 16:23
  SPEAKER_00: That's it for this deep dive into the Santa Clarita real estate market.
• 16:26
  SPEAKER_00: Thanks for listening.