Latest / Bought Borrowed and Sold / Why you need a realtor to help buy a home
Transcript
- 0:00Speaker 1: Well, hello everybody, welcome to Borrowed and Sold, and thanks
- 0:04Speaker 1: so much for joining us each and every week. And hey,
- 0:07Speaker 1: we've got Brad Smith from Cross Country Mortgage bradsmithlans dot
- 0:13Speaker 1: com hanging out with us.
- 0:14Speaker 2: What's going on, Brad, Buddy man? All good? How about you?
- 0:18Speaker 1: Hey, baseball season is almost almost done. We're getting close.
- 0:22Speaker 2: Yeah, maybe it may be done today, hopefully not, hopefully not.
- 0:28Speaker 1: I want I want some bling, I want some rings,
- 0:30Speaker 1: I want some championships.
- 0:32Speaker 2: Yes, So you know, it's been it's been fun, but
- 0:35Speaker 2: it's it's also been a long haul. And about time
- 0:37Speaker 2: for a baseball break.
- 0:38Speaker 1: You know, I'm ready for a break. I think we've
- 0:40Speaker 1: got Trip has a camp coming up. I don't I
- 0:44Speaker 1: know Max is going to go on his first camp
- 0:46Speaker 1: this summer, and so I know that they're excited and
- 0:51Speaker 1: we're excited to uh. Like last weekend was what was
- 0:54Speaker 1: pretty awesome about last weekend, Memorial Day weekend. We we
- 0:58Speaker 1: sent our boys to gadst And where my in laws live.
- 1:02Speaker 2: And it's for minor right now.
- 1:04Speaker 1: We just we just took it easy. We just chilled.
- 1:07Speaker 1: I I caught up on some work.
- 1:09Speaker 2: I had to.
- 1:12Speaker 1: Move a little bit out of our office where we're
- 1:14Speaker 1: we're changing up offices. And but I caught up on
- 1:19Speaker 1: rest and so did Katie and it was it was
- 1:23Speaker 1: just it was exactly what was need. It was what
- 1:27Speaker 1: the doctor ordered.
- 1:28Speaker 2: That awesome.
- 1:29Speaker 1: So and and you know, because I mean, like with
- 1:33Speaker 1: baseball season, I mean we've been going like every night.
- 1:35Speaker 1: I mean like literally, uh uh Monday night was our
- 1:40Speaker 1: only off night. And really the only reason it was
- 1:43Speaker 1: an off night is because my boys weren't back and
- 1:46Speaker 1: telling yet. Yes, yeah, because we had practice on Memorial Day.
- 1:49Speaker 1: We did not do uh so anywhoy. But we've been
- 1:53Speaker 1: every single day. So we're about to wrap that up.
- 1:55Speaker 1: And uh but and and then you know, you try
- 1:58Speaker 1: to you got to work. You gotta sell houses, you
- 2:01Speaker 1: got it, you got You're giving loans.
- 2:03Speaker 2: Out, some loans here and.
- 2:04Speaker 1: There, trying to trying to make everything happen. And so
- 2:07Speaker 1: that's just kind of the world that we live in.
- 2:10Speaker 1: And so, uh but I'm glad for school to be
- 2:14Speaker 1: out and I'm glad for summertime to be here. And
- 2:19Speaker 1: uh yeah, are you I am? I am definitely, I
- 2:23Speaker 1: am very happy.
- 2:26Speaker 2: I'm already just getting inundated with the on board. What
- 2:29Speaker 2: am I doing what can I Can I go here?
- 2:31Speaker 2: Can I go there? Can I do this? You know
- 2:34Speaker 2: I need to get more I need we need to
- 2:35Speaker 2: be in more camps already.
- 2:36Speaker 1: Let let well, let Tucker and Tripp and Max go
- 2:40Speaker 1: to the park.
- 2:42Speaker 2: Just let them. Where's It's a constant like where's it?
- 2:45Speaker 2: Where is he? He's going to pool? An hour going
- 2:47Speaker 2: to where he is? Now, let him go hang out.
- 2:49Speaker 2: They've been going five six hours at a time. That's good.
- 2:52Speaker 2: Pretty let him have fun. We're lucky that we have
- 2:55Speaker 2: that option. I mean that our kids can just no doubt,
- 2:58Speaker 2: the neighborhood on the bike do that stuff so well.
- 3:01Speaker 1: The real estate world has, you know, continue. Last week
- 3:05Speaker 1: was a little bit slower just because of everybody, you know,
- 3:08Speaker 1: kind of getting prepared for Memorial Day, kids graduating schools,
- 3:14Speaker 1: We've got, you know, people with their last day of school.
- 3:17Speaker 1: So there was just a lot going on. There was
- 3:19Speaker 1: a lot of baseball. So I feel like, you know,
- 3:25Speaker 1: this past week, I feel like, you know, we're starting
- 3:28Speaker 1: to get a little momentum. You know, some people are
- 3:30Speaker 1: out of town for still through Memorial Day, you know,
- 3:33Speaker 1: but I'm excited about what this week is going to happen.
- 3:37Speaker 1: I feel like now now we're going to see like
- 3:40Speaker 1: our first kind of normal week of things, and so
- 3:45Speaker 1: I feel like we're about to get busy again. And
- 3:49Speaker 1: and speaking of busy, we've got a couple of open houses,
- 3:52Speaker 1: so we've got open houses. We've got two open houses
- 3:55Speaker 1: this afternoon, so we've got three listings that we're going
- 3:58Speaker 1: to talk about. And so I think this is a
- 4:00Speaker 1: great time to do our mortgage game. Yo, Brad, explain
- 4:05Speaker 1: the rules, all right.
- 4:06Speaker 2: So Gus, you's gonna go through the open houses they've
- 4:09Speaker 2: got and kind of give us all the cool key
- 4:11Speaker 2: features of each property. But he's gonna give me. What
- 4:14Speaker 2: I need is the list price, the potential purchase price.
- 4:17Speaker 2: I'll give a down payment that a percentage that a
- 4:21Speaker 2: bar may make, and then Gusty and John will guess
- 4:23Speaker 2: the thirty year fixed monthly principal interest only payment. So
- 4:28Speaker 2: thirty year monthly payment prince only interest onely. So that's it,
- 4:33Speaker 2: simple game, all right. We'll open this afternoon from two
- 4:37Speaker 2: to four. Go see John Riddle at forty four to
- 4:41Speaker 2: twenty one Overlook Road. This is in Forest Park, built
- 4:45Speaker 2: in nineteen sixty one. It's a rancher three bedrooms, three
- 4:49Speaker 2: bass It's fifteen hundred and fourteen square feet on the
- 4:52Speaker 2: main level. It's got over a thousand square feet finished
- 4:55Speaker 2: in the basement. It's got a two car garage. And
- 4:58Speaker 2: we are asking five ninety nine none, five ninety nine nine.
- 5:03Speaker 2: And so it's a it's a brick rancher, but it's
- 5:05Speaker 2: got a mid century modern feel. Uh so, yeah, let's
- 5:10Speaker 2: let's let's see what we got. I just love the
- 5:13Speaker 2: sound of a rancher in the rancher, the range ranch.
- 5:20Speaker 1: First bark from last week.
- 5:23Speaker 2: He missed, he missed last week's show. All right, ten
- 5:28Speaker 2: percent down, ten percent down. Gusty gets to go first,
- 5:34Speaker 2: all right, ten percent down. If John can defend, Yeah.
- 5:43Speaker 3: Don't look for it. I don't think it's happening.
- 5:44Speaker 1: I don't know he won last week.
- 5:46Speaker 3: I did. That's what I'm saying. Don't look for it again.
- 5:50Speaker 1: I'm gonna go with thirty two fifty thirty two. I'm
- 6:01Speaker 1: thinking right out, probably three thousand dollars.
- 6:06Speaker 2: It is actually three thousand, three hundred and eighty nine dollars.
- 6:10Speaker 2: Gusty gets round one.
- 6:13Speaker 1: Where is it? Where is it?
- 6:15Speaker 2: The dinging there? Back on top there? Yeah, all right,
- 6:21Speaker 2: all right, all right, So Gusty gets round one onto
- 6:24Speaker 2: property number two.
- 6:25Speaker 1: All right, open this afternoon from two to four in
- 6:28Speaker 1: the mccallaugh area on Million Dollar Lakes. Check out two
- 6:34Speaker 1: zero eight eight zero share and drive. This one is
- 6:39Speaker 1: thirty three hundred square feet on the main levels. Another
- 6:42Speaker 1: sixteen hundred and ninety nine square feet finished in the basement.
- 6:46Speaker 1: Five bedrooms, four and a half baths. Now one hundred
- 6:50Speaker 1: waterfront footage of ski lake over there in the Million
- 6:55Speaker 1: Dollar Lakes area. It's on a half acre lot built
- 6:58Speaker 1: in nineteen ninety two, got a two cargo rage and
- 7:02Speaker 1: we're asking seven hundred and twenty five thousand dollars seven
- 7:06Speaker 1: twenty five. Go see Ashley Stags this afternoon from two
- 7:10Speaker 1: to four. Little lake house, how about it?
- 7:12Speaker 2: Nice? All right? Okay, a bunch of updates. We're done
- 7:15Speaker 2: in twenty fifteen. Mills cool, you said seven twenty seven
- 7:19Speaker 2: two five seven five, all right, seven to twenty five,
- 7:23Speaker 2: putting ten percent down, ten percent down, back to John.
- 7:29Speaker 3: Go with four forty two forty two thousand.
- 7:35Speaker 1: We're gonna put forty forty two thousands, right, that's what
- 7:38Speaker 1: place for forty two hundred.
- 7:40Speaker 2: Sorry, I was gonna say I'm gonna put forty two
- 7:41Speaker 2: hundred in es. Sorry, forty two thousand, that'd be great. Yeah,
- 7:46Speaker 2: now forty two hundred.
- 7:46Speaker 1: That's let's forty two never mind, we'll get off there.
- 7:51Speaker 3: Hedsteon Island mortgage, seven million dollar house.
- 7:54Speaker 1: Okay, hmmm, I'm gonna go with let's do like thirty
- 8:06Speaker 1: eight seventy four.
- 8:10Speaker 2: It is actually four thousand, one hundred and three dollars
- 8:14Speaker 2: gets round two h and we had one and one
- 8:21Speaker 2: with one property to go, no pressure, all right, and
- 8:27Speaker 2: built in nineteen sixty six.
- 8:29Speaker 1: This is thirty three twenty nine thirty second place North.
- 8:34Speaker 1: Uh four bedrooms, two baths, fifteen hundred and seventy two
- 8:37Speaker 1: square feet. We are asking one nine. This one has
- 8:41Speaker 1: been fully renovated. It's got new flooring, new light fixtures,
- 8:46Speaker 1: new paint, new HVAC, new roof. Uh so yeah, four bedrooms,
- 8:53Speaker 1: two baths on. This listing is courtesy of Carla Dilaberto. Carla,
- 9:00Speaker 1: congratulations on your new listing. Somebody coming by thirty three
- 9:05Speaker 1: twenty nine, thirty second place North in Birmingham.
- 9:08Speaker 2: Nice on nine. Gonna keep it with ten percent down,
- 9:12Speaker 2: ten percent down, kept it easy. Today the ranges were
- 9:15Speaker 2: wide enough. Oh may No, it's back to Gus.
- 9:28Speaker 1: I'm gonna go with twelve hundred dollars. That's what I
- 9:37Speaker 1: was gonna say, really, really was it was me first.
- 9:43Speaker 1: I know, I know, this is actually.
- 9:45Speaker 2: A perfect time lower.
- 9:47Speaker 1: I mean, actually you could probably just call it higher
- 9:50Speaker 1: or lower. Yeah, twelve twelve, so higher.
- 9:55Speaker 2: It was one thousand, one hundred and thirty two dollars.
- 10:00Speaker 2: Gusty gets around three and pulls it off today two
- 10:04Speaker 2: to one gets it done.
- 10:07Speaker 1: Let's go, let's get all right, all right, hey, we've
- 10:12Speaker 1: got we've got let's see a couple of We've got
- 10:15Speaker 1: an investment property coming up in the Bessemer area for
- 10:18Speaker 1: seventy nine to nine. We've got a home in Helena. Oh,
- 10:23Speaker 1: this is nice, three bedrooms, three and a half past twenty,
- 10:25Speaker 1: two hundred and ten square feet, four hundred and ninety
- 10:28Speaker 1: thousand on Johnna Gold Road. I've never heard of Johnna
- 10:32Speaker 1: Gold but it is in Royal Grove neighborhood. So that
- 10:36Speaker 1: one's gonna be coming up for four ninety and I
- 10:41Speaker 1: know we've got one that's gonna be coming up in
- 10:42Speaker 1: Edgewood and Homewood pretty soon. We've got one that's gonna
- 10:46Speaker 1: be coming up in the Meadowbrook area that I'm excited about.
- 10:52Speaker 1: That's gonna be around four hundred thousand. So we've got
- 10:56Speaker 1: some nice listings that are gonna be coming up. As always,
- 11:00Speaker 1: you can go to if you're interest in selling a property,
- 11:02Speaker 1: you can go to Gustygoulisgroup dot com or you can
- 11:06Speaker 1: call her text two O five five four two nineteen
- 11:09Speaker 1: ninety six. We've got some buyer needs, some VIP buyer needs.
- 11:12Speaker 1: So if you've got somebody, if you have a home
- 11:15Speaker 1: that is in the Homewood area near Vulcan, We've got
- 11:19Speaker 1: somebody looking up to four hundred thousand. We've got somebody
- 11:21Speaker 1: looking in Bluff Park. They're looking up to five hundred
- 11:25Speaker 1: and twenty five thousand. They want something that's moving ready,
- 11:28Speaker 1: at least three bedrooms with a bonus room. We've got
- 11:31Speaker 1: somebody that's looking still in the Griffin Park Eagle Point area.
- 11:35Speaker 1: We still have somebody looking in for townhome and Cobba
- 11:38Speaker 1: Heights or Vestavia up to three hundred and We've still
- 11:41Speaker 1: have somebody looking Trussville, Odinville or pel City up to
- 11:46Speaker 1: five hundred thousand dollars.
- 11:47Speaker 2: But that's going to be.
- 11:48Speaker 1: Fully done and move and ready. So again, Gustygoulesgroup dot com.
- 11:54Speaker 1: Maybe we can put something together, put a puzzle together.
- 11:57Speaker 1: Maybe off market. We can also talk about going to
- 12:00Speaker 1: on market strategy, all that fun stuff again Gustygoulisgroup dot com. Hey,
- 12:05Speaker 1: guess what time it is. That's right, it's testimonial time.
- 12:11Speaker 1: All right, this one, this one is for mister Brooks.
- 12:17Speaker 1: Mister Brooks just bought home with Jonathan on our team,
- 12:21Speaker 1: and mister Brooks said, great experience working with the Gusty
- 12:24Speaker 1: Goulis Group throughout my home purchase. The process was professional, responsive,
- 12:29Speaker 1: and well organized from start to finish. Since I was
- 12:32Speaker 1: handling much of the purchase remotely, having a team that
- 12:35Speaker 1: communicated well and stayed proactive made a big difference. I
- 12:40Speaker 1: especially appreciated their patience, support and attention to detail during
- 12:45Speaker 1: inspections and negotiations. I would definitely recommend them to anyone
- 12:49Speaker 1: buying a home or investment property. So Jonathan, great job,
- 12:54Speaker 1: mister Brooks. We appreciate the opportunity to represent you and Jonathan.
- 13:01Speaker 1: Congratulations on another five star review. All right, that's our
- 13:07Speaker 1: five star review of the week. We're gonna save one
- 13:11Speaker 1: that we got like yesterday for next week.
- 13:13Speaker 2: So oh cool.
- 13:14Speaker 1: Yeah, I like getting them five star, five star reviews.
- 13:19Speaker 1: Baby years. All right, hey y'all, stay tuned. Brad and
- 13:24Speaker 1: I are gonna be talking about what we're seeing with
- 13:25Speaker 1: interest rates, what we're seeing in the market right here
- 13:28Speaker 1: on balt Board and sold. Stay tuned. Welcome back, Glad
- 13:35Speaker 1: for y'all to joining us this fine Sunday, And as always,
- 13:40Speaker 1: we've got Brad Smith with Cross Country Mortgage in the
- 13:43Speaker 1: studio talking about mortgage interest rates. Oh, it's such a
- 13:48Speaker 1: fun topic. We love talking about interest rates. We love
- 13:52Speaker 1: talking about the real estate market.
- 13:54Speaker 2: Brad.
- 13:55Speaker 1: What we've been seeing lately, have we been Have we
- 13:56Speaker 1: gotten any relief over the last week.
- 13:59Speaker 2: We've gotten a little relief. So we're back to uh
- 14:03Speaker 2: lois that we've been in two weeks back this week,
- 14:07Speaker 2: so so we've made back some ground where we were
- 14:09Speaker 2: kind of hovering more in the six four range, we're
- 14:13Speaker 2: kind of getting closer back down to there and not
- 14:15Speaker 2: above the six five range. So so we're so, I mean,
- 14:19Speaker 2: we're doing we're everything's looking better again. It's all about
- 14:22Speaker 2: the oil. A matter of fact, one of the one
- 14:25Speaker 2: of the headlines is basically just kind of not the
- 14:28Speaker 2: super tanker bonds we're looking for, but we'll take it
- 14:31Speaker 2: basically saying we got the news we wanted, but it
- 14:34Speaker 2: doesn't matter because we're all focused on the oil. So
- 14:38Speaker 2: so as the oil gets freed up again, well, you know,
- 14:41Speaker 2: I'm having deja vu Groundhog Day every time I talk
- 14:43Speaker 2: about it. But really we're talking about like the inflation,
- 14:46Speaker 2: the numbers. People's incomes aren't climbing with to be to
- 14:50Speaker 2: support more inflation, so that's gonna So all these things
- 14:53Speaker 2: are happening that would be good for mortgage rates to
- 14:56Speaker 2: keep coming down, but we still don't have anything that's
- 14:59Speaker 2: freeing up the the actual oil in the petroleum situation.
- 15:02Speaker 2: I ran, So that's that's still holding everything pretty steady
- 15:06Speaker 2: to where just we're sitting around six and a half
- 15:08Speaker 2: on thirty or fifth on average in round six on
- 15:10Speaker 2: the governments.
- 15:11Speaker 1: And six and a half was what when we bought
- 15:13Speaker 1: our first house in two thousand and eight. That was
- 15:15Speaker 1: our rate on FHA was six and a half and.
- 15:19Speaker 2: Mine was seven point two five.
- 15:20Speaker 1: Oh yeah, And you know, I mean I hear a
- 15:22Speaker 1: lot of stories. I mean I talked to my mom
- 15:24Speaker 1: and she's like, yeah, I mean, we had like a
- 15:26Speaker 1: four thirteen percent rate, and I'm like good lawd But
- 15:31Speaker 1: I mean, like, also, houses weren't priced what they were,
- 15:36Speaker 1: you know, what they are today what they were back then,
- 15:38Speaker 1: and so you know, but I think it's all kind
- 15:41Speaker 1: of relative.
- 15:42Speaker 2: People people are also making a lot more money, you know,
- 15:45Speaker 2: you know, across the board than they were, and so
- 15:47Speaker 2: that's it's just that that's that's how we get this
- 15:50Speaker 2: global economy and what we you know, you know, you
- 15:52Speaker 2: love about free market and all that good stuff, and well,
- 15:55Speaker 2: so that's where we.
- 15:56Speaker 1: Are in my conversations with.
- 16:00Speaker 2: Capitalism with sellers.
- 16:02Speaker 1: You know, I'm trying to be realistic with sellers, right, Yep,
- 16:06Speaker 1: we're not seeing as many showings. Okay, we're not seeing
- 16:11Speaker 1: as many offers, and so, you know, being realistic with
- 16:15Speaker 1: sellers like for example, I mean I spoke with a
- 16:19Speaker 1: I spoke with a seller that bought an investment property here,
- 16:24Speaker 1: and so we've got one that's gonna be coming up
- 16:27Speaker 1: pretty soon. But I mean literally, for what he bought
- 16:31Speaker 1: it for we'll say, three or four years ago, we're
- 16:36Speaker 1: having to price at probably about twenty five percent less
- 16:41Speaker 1: than what he paid for it. And you know, having
- 16:45Speaker 1: those difficult transparent conversations. Some other agents might not be
- 16:51Speaker 1: willing to do that, right, But I also I also
- 16:55Speaker 1: don't want to waste my time. I don't want to
- 16:57Speaker 1: waste their time. Like, hey, like, if we can get
- 17:02Speaker 1: to say, say we can't get it sold for what
- 17:04Speaker 1: you really need out of it, let's let's put a
- 17:05Speaker 1: renter in there, and let's let's just let the market
- 17:08Speaker 1: kind of change and let's interest rates come down a
- 17:10Speaker 1: little bit. Let's see if there's any better comparables, or
- 17:15Speaker 1: let's let's be realistic and say, hey, you probably need
- 17:18Speaker 1: to be at this price for the home to get sold, right.
- 17:22Speaker 1: And so that's really where I've been having. I've been
- 17:26Speaker 1: having to have some tough conversations with folks. And then
- 17:29Speaker 1: you know, again it depends on what part of town.
- 17:31Speaker 1: Like you know, having having some conversations with some folks
- 17:34Speaker 1: in Edgewood, and you know, I'm like, hey, look, you know, congratulations,
- 17:39Speaker 1: you hit the jackpot on you know, when you bought
- 17:41Speaker 1: the house, you know, twelve years ago. And so now
- 17:45Speaker 1: you know, based on what we're seeing in the market,
- 17:48Speaker 1: you know, I think if we position it at this
- 17:50Speaker 1: point or at this price, I think we're gonna get
- 17:52Speaker 1: probably multiple offers, and so you know, it's so interesting.
- 17:56Speaker 1: You know, that's why, like real estate is all about location, Lokay, location,
- 18:01Speaker 1: and so that's one of the main things. And it
- 18:03Speaker 1: makes a big difference on the placement of the backyard,
- 18:07Speaker 1: how much backyard. You know, there's so many things that
- 18:11Speaker 1: factor in a value of a home and that's really
- 18:14Speaker 1: where you really need representation.
- 18:17Speaker 2: Yeah. Well, and because like well, like we say all
- 18:20Speaker 2: the time too, is like the market is the market. Yeah,
- 18:24Speaker 2: like it doesn't matter what you say, It doesn't matter
- 18:26Speaker 2: what anybody else says. Like you, the market's the market,
- 18:29Speaker 2: and something's worth what somebody will pay for it. So
- 18:33Speaker 2: and so like the stock market, that's one hundred percent
- 18:36Speaker 2: it and so like you know, to have those conversations again,
- 18:39Speaker 2: you can tell them, like you said, it's a hard
- 18:41Speaker 2: conversation to tell somebody you know, you've got a maybe
- 18:43Speaker 2: twenty five percent less of what we did here, and
- 18:45Speaker 2: others won't say it. Well, yeah, that sounds great. But
- 18:49Speaker 2: if it's iss on the market for for six, seven, eight,
- 18:52Speaker 2: nine months and then it's now it's thirty percent or
- 18:54Speaker 2: thirty two percent hopefully not. But I just meaning like
- 18:57Speaker 2: it's possible and it's possible, and because you weren't right
- 19:00Speaker 2: at the first place, so that that's where the being
- 19:03Speaker 2: right or trying to be as close as you can
- 19:06Speaker 2: be to where the market is dictating it. It is
- 19:09Speaker 2: so key because again, if if you're if you want
- 19:11Speaker 2: to list it, you're not wanting to be listed for long, right,
- 19:14Speaker 2: I mean, like nobody probably listed anything and says, I
- 19:17Speaker 2: hope this hit sits about sixty nine days before somebody
- 19:20Speaker 2: really wants to take it off the market, sothod like,
- 19:22Speaker 2: you know, so you want it, you want it gone,
- 19:24Speaker 2: and so you want to be you want it to
- 19:26Speaker 2: be right no matter what the location is, and make
- 19:28Speaker 2: sure that dictates it. So you'all do a great job
- 19:31Speaker 2: with that.
- 19:31Speaker 1: Totally, totally, Well, I appreciate that. Yeah, it's been you know,
- 19:34Speaker 1: it's from personal experience through the years. You know, I
- 19:38Speaker 1: was probably earlier on in my career probably a little
- 19:41Speaker 1: bit less likely to have some of those tough conversations.
- 19:44Speaker 1: But at this point now, you know, like I'm twenty
- 19:46Speaker 1: years in.
- 19:46Speaker 2: It's the confidence, It's that you got to have that confidence.
- 19:49Speaker 1: Yeah, it's like, dude, we have been a part of
- 19:52Speaker 1: like four thousand plus transactions, Like I have a pretty
- 19:55Speaker 1: good feeling of what a house is going to sell for.
- 19:58Speaker 1: I can look at the number, as I can look
- 20:00Speaker 1: at the days on market, I can pretty much tell
- 20:03Speaker 1: you what we're you know, what's going to happen, Like
- 20:06Speaker 1: how long it's going to be on the market.
- 20:07Speaker 2: You know, not everybody's able to do that.
- 20:09Speaker 1: They haven't been in the market long enough. They don't
- 20:11Speaker 1: understand the the roller coaster real estate trends that we
- 20:14Speaker 1: see well, and they're so worried about losing a deal
- 20:18Speaker 1: or not getting the deal, they'll they'll, they will. People
- 20:21Speaker 1: will definitely over promise and underdeliver. And and in this world,
- 20:26Speaker 1: as much as you know, soon as you maybe want,
- 20:27Speaker 1: you know, you want to help people out. You may
- 20:29Speaker 1: know somebody just got into it. You want to do
- 20:31Speaker 1: you know, do them a favor and all, and I
- 20:32Speaker 1: get all that, But if they're just going to tell
- 20:35Speaker 1: you what you want to hear, and then it sits
- 20:37Speaker 1: for ninety days, one hundred and twenty days again a hundred,
- 20:39Speaker 1: you know, and then all of a sudden you're going like, well,
- 20:41Speaker 1: white and sellings it was never it never was going
- 20:44Speaker 1: to in that market in that time. So, yeah, the
- 20:46Speaker 1: expertise is so is so key. And and because again
- 20:50Speaker 1: with interest rates going where, you know, going up down,
- 20:53Speaker 1: trying to figure all this out, like it the markets,
- 20:56Speaker 1: the market's going to swing some you know daily with that,
- 20:59Speaker 1: I mean, you've got to be ready to be able
- 21:00Speaker 1: to pivot and and do something, and you've got to
- 21:02Speaker 1: have the confidence that that you're getting the right the
- 21:04Speaker 1: right representation and all that good stuff. So yeah, it's
- 21:09Speaker 1: but it's I mean, it's it's interesting. I mean I
- 21:10Speaker 1: feel like every year, every year, you know, we get
- 21:14Speaker 1: into and we get into something that just makes it
- 21:17Speaker 1: like we get or at this point of the year
- 21:19Speaker 1: being like, well, you know, we we we feel like
- 21:21Speaker 1: it's gonna you know, it's gonna keep picking up and
- 21:23Speaker 1: it's gonna stay good. But it's but it's something has
- 21:25Speaker 1: shifted that we didn't see coming that kind of has
- 21:30Speaker 1: a little bit throwing things for a spin, I feel
- 21:32Speaker 1: like across the market. So I think it's just different
- 21:36Speaker 1: than maybe we anticipated, you know, four months ago. So
- 21:42Speaker 1: I put a home under contract in Clayton, Alabama this week. Okay,
- 21:46Speaker 1: do you have any idea where Clayton, Alabama is? No,
- 21:49Speaker 1: it's it's kind of it's basically outside of I don't know,
- 21:56Speaker 1: between Montgomery and Auburn areak, Okay. So anyways, we worked
- 22:02Speaker 1: with a lot of Zillow home buyers, right okay, And
- 22:07Speaker 1: and so these folks came in and a lot of
- 22:10Speaker 1: times they're wanting a lot of people won't just privacy.
- 22:13Speaker 1: They're looking for a plot of land, whether it's a house,
- 22:17Speaker 1: whether it's a trailer, whether it's something that they can
- 22:19Speaker 1: build on in the future. And we had some folks
- 22:22Speaker 1: that came in a while back and they've just been
- 22:25Speaker 1: we've been just kind of nurturing them for a little while,
- 22:27Speaker 1: you know. They finally got to the point like all right,
- 22:29Speaker 1: we're ready to make it, make a decision.
- 22:31Speaker 3: And so.
- 22:34Speaker 1: They were like, hey, we've got like a top four.
- 22:37Speaker 1: I said, all right, well send them over. One was Ohatchee,
- 22:41Speaker 1: which is an hour away north of Lincoln, Silicaga, Alexander City.
- 22:48Speaker 1: Actually it was in like Daviston, right outside of Alexander
- 22:50Speaker 1: City and Clayton. And so I was like, all right,
- 22:57Speaker 1: let's let's I will show you. And that was an
- 23:02Speaker 1: experience in itself. That's I could probably do a whole
- 23:05Speaker 1: show on the experience of showing this this trailer on
- 23:09Speaker 1: ten acres and o'hatchie, but I'm gonna I'm gonna save
- 23:14Speaker 1: that for another time.
- 23:15Speaker 2: Uh.
- 23:16Speaker 1: But I partnered with other agents around the state and
- 23:20Speaker 1: so I was able to hook them up with an
- 23:22Speaker 1: agent at each of the different locations. So I got
- 23:25Speaker 1: I've got people to show houses for me.
- 23:27Speaker 2: Cool.
- 23:27Speaker 1: And what I told them I was like, look, here's
- 23:30Speaker 1: what I'll do. I was like, let me, I'll show
- 23:32Speaker 1: you this first one. Let's let's let's get a better
- 23:35Speaker 1: feel of what you're looking for. And if you see
- 23:38Speaker 1: any of the if the of the other houses that
- 23:40Speaker 1: you see, if you want to make an offer on,
- 23:42Speaker 1: I'll negotiate it for you. Boom, We'll do that. Well,
- 23:45Speaker 1: they found a house in Clayton, Alabama. We wrote the
- 23:48Speaker 1: offer up, we got a finalized contract this week. They're
- 23:51Speaker 1: super excited because it's on seven acres. They've got privacy,
- 23:56Speaker 1: they've got a single wide trailer that they can move into,
- 23:59Speaker 1: and then in the next couple of years they can
- 24:02Speaker 1: do whatever they want, whether it's build a house, put
- 24:04Speaker 1: another trailer on, or whatever. But they got the piece
- 24:06Speaker 1: of land that they wanted, and so it's all about
- 24:10Speaker 1: just taking the goals and the and building a plan
- 24:14Speaker 1: of action around it. So anyways, if you are looking
- 24:18Speaker 1: for a agent or a team to do that and
- 24:20Speaker 1: build a plan of action together, Gustygoulisgroup dot com. And
- 24:23Speaker 1: if you need to get at finance, go to Bradsmithlans
- 24:25Speaker 1: dot com. Thank you so much for joining us this week.
- 24:28Speaker 1: We will catch you next time.