Not Your Typical Agent: Recent Episodes
Jay Caracci
Jay Caracci is a licensed real estate broker in the State of Illinois. A graduate of DePaul University School of Commerce with a major in marketing, and a concentration in sales leadership. With over 12 years of professional experience, and an extensive sales, negotiating, and marketing background. Jay proudly represent buyers, sellers, and investors in the Chicagoland area, specializing in the North Shore, Northwest Suburbs, and City of Chicago. Jay has tremendous experience working with first time buyers, people relocating in/out of the Chicagoland area, luxury homes, and downsizing families.
Jay is a member of Mainstreet Organization of Realtors (MORE,) Illinois Association of Realtors (IAR,) and National Association of Realtors (NAR.) His license is currently being held with HomeSmart Connect LLC, with offices in Arlington Heights, Chicago, and Elgin. Jay’s business portfolio includes Made To Close Digital, North Shore Luxury Real Estate (NSLRE), Reach Millennials, Prime Homes Plus, and Expealty Inc.
Disclaimer: The information discussed in this podcast shall not be intended or implied by listener as representation on specific real estate, financial, or legal matters. Each and every real estate matter is unique and you should seek advice from a professional. Content is for entertainment purposes only and the opinions shared should not be intended as representation. Jay Caracci holds an active Real Estate Broker License in the State of Illinois.
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Jay updates his listeners on the Bears closing on the Arlington Park Race Track and some things he anticipates comes along with the move.
Jay shares some of his experience and the experiences of his clients from the last 18 months and gives his ideas on where the market is headed.
Jay shares his thoughts on how the media may be overblowing the demise of the Housing Market by reviewing the most recent MRED Market Reports.
Jay talks current mortgage rate and how that will impact Home Buyers and Sellers in both the short and longterm.
Jay talks about the state of the housing market and explains why now may be a good time to reenter the world of real estate.
Jay shares the very first thing a buyer should do before beginning the process to purchase a home.
Jay shares tips on how Sellers can best handle the same day or double closing, and help facilitate a smooth move.
With interest rates on the rise, I've been fielding a ton of questions on when we should start to see home prices fall. Looking at housing numbers, projections, and from my experience in market, I don’t believe they will come down for a while. That being said they may begin to stabilize as the year progresses.
For perspective, our local markets on average has been hovering around 1.5 months of inventory. That number was around 5 months at the end 2019. 6 months is a balanced market. Low inventory is the primary reason we are seeing so many bidding wars, which is driving prices up. Simply put, the supply isn't meeting the demand. For home prices to begin to fall we need to be at 7-12 months on inventory. Where is that inventory coming from? Even if we have a wave of foreclosures, move-up buyers pull the trigger on bigger homes, and we have a mass rush to downsize, it’s going to take some time to build up inventory to a level where it’s a buyers market and prices fall. IMO, this will take years, not months.
Contrary to popular belief, I do not consult a magic ball when sharing my opinion on the real estate market. This is my opinion as a broker. Having lived in this business for the past decade, I've seen all types of markets; buyers, sellers, balanced, and broken. Nobody can predict what is going to happen. You can use numbers, statistics, trends, and experience to evaluate the situation and make an educated guess on what direction the market might be headed.
In the meantime, If you are looking to sell now is still a great time. We need inventory! My buyers are eager to move and my sellers are happy to cash out on their built equity. If you are a homeowner and aren't planing a move, you should still see 3-6% annual appreciation even when the market stabilizes.
Jay explores an Inman article discussing when experts expect a return to normalcy in the housing market.
Jay shares a new service that can transform an outdated home for a fraction of the cost, while delivering a better experience for home sellers.
Jay shares his opinion and discusses some of the pros and cons of what the Chicago Bears move could mean to Arlington Heights.
Jay shares trends he is seeing from sellers and buyers and where he believes the fall market will end up.
Jay gives a recap on last weekends Arlington Amateur and how he fared in his second tournament.
Jay explains where interest rates are currently at and how you can take advantage of this if you are a home owner or a potential home owner.
Jay talks about what you should be prepared for during your next home inspection and gives some simple tips on how to maximize the time spent in the home.
Jay shares numbers from Freddie Mac and NAR that illustrate where the market is headed and what it will cost buyers to wait.
Thinking about selling your home? Jay shares some helpful tips on how to maximize your return.
Jay explains what appraisal gap coverage is and how it may come into play if you are bidding over ask in todays real estate market.
Jay reviews a report from Core Logic that talks about where home prices currently are and where they might be headed into 2022
Jay talks about some investing misses this past year and how he plans to learn and grow from those mistakes.
Jay talks about the new work from home environment and shares some emerging trends in interior design.
Jay is noticing a trend from sellers this year. Are these strategies creating artificial demand? or Are Buyers just yearning for homes to buy? We discuss on todays episode.
Jay shares some tips on how to stay relevant in a competitive market and how to make sure your offer is the winning one.
Jay talks about growing up a Bills fan and why all he can think about for this Saturday is the Buffalo Bills.
Jay shares some of his favorite golf courses he plays regularly or has played in the past.
Jay reviews economic data pointing to the Housing Market and reviews where things might be headed in 2021
In todays uncertain climate many sellers are delaying listing their home for sale. Jay discusses how many agents are adapting to help sellers get a deal done.
With so few houses available for sale today, you may be able to skip the bigger renovations before you sell and cash in on the current demand for your house.
Jay talks about an exciting new tool his brokerage is using to make delivery of earnest money deposits easier for buyers.
Jay shares his ideas on politics and how the politicians should go positive to sell themselves to Americans like myself.
Jay talks about his first individual golf event and how things went for him at the Arlington Amateur
Jay celebrates 7 years into his real estate career and shares some things he's learned along the way.
You are under contract! Congratulations! Now What? Jay shares 10 tips on how to make sure your inspection goes smoothly.
Jay talks a recent experience with an HOA and how bogus rules and regulations killed a deal.
Jay talks about some creative ways agents are getting their listings in front of clients and how the current pandemic is sparking interest in home ownership
Jay talks about some of the reasons why real estate is considered "essential" during a pandemic.
Jay gives a real estate update on how the market is reacting to the current shelter in place order.
Jay talks about what the fed reducing rates to Zero really means to your mortgage and how to navigate the real estate market during these current times.
Jay discusses the pros and cons of removing your home from market during the winter months
Jay digs into a survey conducted by Clovered and reviews some of the prime home features and characteristics millennials are looking for.
Jay shares why relying simply on a Zillow Zestimate can cost you thousands of dollars on your home sale.
Jay talks about a recent listing that hit the market where a notorious Chicagoland serial killer once resided and whether or not this should be disclosed to the public.
Jay shares how a simple purchase at the local hardware store can help make your home more secure
Jay shares 9 inspection request items that buyers should avoid asking a seller to repair.
Jay reviews a realtor magazine list of The top 10 most horrifying decorative trends in peoples homes.
Jay shares his opinion on a recent appliance purchase and whether it is a good fit for you.
Jay reviews a recent study listing the top 10 metro areas that are best poised to handle a recession.
Jay gives his take on the current real estate market and where he believes the market is headed.
Jays shares how a recent trip into the city caused him to re-evaluate his entire stance on redundancy.
Jay shares his experience with a recent weekend home maintenance project and gives some tips if you are considering doing the same.
Jay shares the process of getting the Not Your Typical Agent trademark filed and approved.
Jay digs into the controversial topic of removing shoes vs not removing shoes when entering someone's home.
Jay talks about his experience volunteering at the BMW Championship at Medinah Country Club in Addison, IL.
Jay shares his experience about spending a weekend with the family in a brand new tiny home.
Jay welcomes the audience back and discusses some things that have happened while away.
Jay shares how he recently started a second business in the golf industry. Check it out at www.ModernGolfShop.com.
The 30 year mortgage rates have hit a 2 year low. Jay shares where he thinks they are headed and what you can do to save money now.
Jay talks about how he is in the process of putting together a neighborhood video featuring actual residents of Arlington Heights and how these videos could be helpful to buyers considering a particular neighborhood.
Jay shares how he accidentally got involved in a social media beef with a For Sale By Owner.
Jay shares a story about how he recently helped his family improve their businesses online image.
Jay talks about how he lost out on a potential listing for the first time in a very long time and why.
Is ghosting in real estate a real thing? Jay shares why people are choosing to "Ghost" their agents and how it impacts your life.
Are homeowners staying in their homes longer? Jay shares why people are staying in their homes longer and what this means going forward.
How do you keep your lawn dandelion free? Jay shares how he recently slaughtered 1000's of them in his front lawn.
Jay runs through the top 10 tech features buyers are looking for compared to currently have. Research provided by The National Association of Home Builders
How do we attract pet lovers to your listing? Jay shares fact about American pet owners and how you can make your homes pet friendly features stand out.
Jay reviews the national real estate sales figures for the early spring market and shares what he sees happening in the upcoming months.
Jay shares his thoughts on the recent legal battles hitting the real estate industry and if big changes are in store.
Need Milk or Eggs? Jay shares how he and his wife got through the first 2 weeks of parenthood without having to make a trip to the grocery store.
Jay shares an update on a previous episode about breaking up with Comcast after 10 years. Why he cut the cord and how the family is getting by with YouTubeTv.
Jay shares his newfound appreciation for all the parents out there as he welcomes a new addition to his family.
Very few first-time home buyers consider sewer inspections before buying a home. Jay share reasons why you should consider doing an inspection prior to close.
Jay discusses an article from realtor.com and shares some of the best advice for Home Buyers | ep.103
Does your kitchen feel cramped? Jay shares tip on how to reduce countertop clutter and open things up for you | ep.102
Jay shares some tips and tricks to shooting first class real estate marketing videos | episode 101
We made it! Episode 100 is here. Jay shares how to prepare you home for a new arrival and reveals the Spring Move Promotion he just launched!
Jay shares tips and tricks to help make your next move as simple and as manageable as possible.
Jay shares simple tips on the best way to approach furniture and real estate from both a buyer and sellers perspective.
When buying a home should you be testing the home for elevated levels of radon? Jay answers this question and gives you tips on how to proceed once you know the results.
You find the house of your dreams, you are ready to write an offer, and then you hear those words "It's a multiple offer situation." Jay shares his take on multiple offers and how your agent should use information to help you win the deal.
Jay tells a story about his first real sales position when he graduated DePaul University.
Jay shares his stance on listing a property for sale when the home is occupied by renters.
Jay shares why he recommends specific real estate partners to assist with a real estate transaction.
Jay shares advice on how to approach multiple offer situations as a buyer and as a seller.
Jay talks about some potential issues that can deter buyers from considering your home or even kill a contract.
Jay shares his thoughts on the upcoming year and where the market is possibly heading for 2019.
Jay shares a story about scheduling Buyer Tours and how your listing agents may be putting your home and sale at risk.
The new version of the Illinois real estate purchase agreement is live. Jay shares his thoughts on some of the recent changes that were made in the new version.
Jay discusses the questions he asks his buyers to prepare for their first meeting and the reason behind his asking.
Having your home for sale and accommodating showing can be challenging during the holidays. Jay shares tips on how you should handle people wanting to see your home.
Mounting a Tv can free up floor space and make your room appear larger, but How hard is it to do? Jay shares some tips and tricks to making the process simpler
Bummed you missed out on a property due to other offers? Jay shares some advice on how to move on.
Jay shares some of the learning moments and regrets he has from when he first entered into the real estate business.
Jay shares reason why hiring the cheapest broker to sell your home might not net you the biggest return on your next real estate transaction.
Jay shares some tips on how to prevent your home from being the target of package thefts this holiday season.
Jay talks about some purchases he made over the Holiday weekend and how they can impact home owners.
Unfortunately in Real Estate you come across unethical tactics that can impact your clients and your business. Jay shares a recent story about one of these events.
Jay examines why agents always promote the free no obligation consultation and what exactly that means to your real estate needs.
Jay discusses a recent article on Realtor.com that lists 10 surprising cities where someone earning a $60,000 annual salary can afford a pretty sweet home.
People often ask "where do my clients come from?" Jay shares where the bulk of his business comes from and some other ways agents attract clients.
Jay shares some insight into closing day and what you should expect the day of closing.
Jay discusses what to expect during a final walk through when you are purchasing a property.
Are you thinking about becoming a Landlord? Jay shares some common questions and rules related to holding security deposits and shares who he uses to complete credit and background checks.
What is a typical day in the life of The Not Your Typical Agent? Jay shares what he does everyday and how he runs his business.
How do you fit the story of your home into a single paragraph? Jay shares how he develops listing copy for his sellers.
Today is election day! Jay discusses some local referenda on this years ballot that will impact real estate. Your opinion matters so get out and vote.
One of my favorite parts of real estate is negotiating great deals for my clients. Jay shares some tips and tricks to getting the best deal.
Jay shares his policy on sharing information with Sellers and why honesty is always the best policy.
Special Halloween episode, Jay shares some of the scary conditions he's come across while showing properties to clients.
What do Kids think Real Estate Brokers do? Jay is asked to speak at a Career Day for a close friend.
Jay shares some tips on what you should do to prepare your home for those Halloween night visitors.
If you are planing on making any big purchases in the near future you must listen to this episode. Jay shares some tips that can save you a ton on money.
Jay lists the 5 least expensive homes currently on the market in the City of Chicago. They all can be had for $10,000 or less.
Jay lists the 5 Most Expensive Homes currently on the market in the Chicagoland area. Hint: Michael Jordan's Highland Park estate in not one of them.
Have only 30 minutes before potential buyers are expected at your home? Do these 6 things immediately to prepare your home.
Has your Home been on the market for 90 Days or more? Jay shares some of the common tricks to help gain new or renewed exposure to potential buyers.
Sometimes you simply can't meet a clients expectations. Jay shares the one and only time he walked away from a difficult client, and why it was the best decision for his business.
If you live in Cook County and your property taxes are too high, you must listen to this episode. Jay shares some common exemption that may save you thousands of dollars per year.
Jay explain the difference between agents who work in real estate on a part-time or full-time basis.
Should you put a real estate for sale sign in your front yard? Jay discusses the pros and cons of your agent using a sign to sdvertise your home for sale.
Think you are saving money by selling your home on your own? Think again. Jay shares some of the common mistakes FSBOS make that could cost them big.
Thinking about selling your Home? Picking a correct list price can determine if the home goes from list to close. Jay shares some of an agent's thoughts on coming up with a proper list price.
What are 6 home improvement myths that could end up costing you big during your next renovation
Jay shares some of the vendors and resources he uses while prepping a new listing for sale.
Thinking about selling your home? Jay shares advice on when to stage and when to stage a home when preparing to sell, and discussing some alternatives to traditional staging.
Jay shares the locations for some of the most iconic homes featured in classic films throughout the Chicagoland area. (Quick Correction: Paul Brickman Directed Risky Business not John Hughes)
Thinking about a career in real estate but don't want to be an agent? Jay reviews some options to consider. h/t Kevin for submitting your question.
Considering buying a condo or townhouse? Jay shares some common things you need to consider before moving forward with your purchase.
Thinking about starting a podcast? Jay shares his experience with starting The Not Your Typical Agent show, and gives you tips on how to start your own show.
Home design trends come and go but is the color black here to stay? Jay talks about the practical application of matte black finishes and where it stand in home design.
Jay reacts to a Realtor.com article listing 5 potential home inspection issues that can derail a home purchase.
Jay shares a quote from the 2005 comedy movie Waiting and how it applies to real estate.
Want to make your home smarter for under $400? Jay recommends 3 devices to help automate your home and simplify your lives.
How do you separate business and friendship when it comes to real estate? Jay shares his secrets to making the relationships work for everyone.
What is the difference between a short sale and a foreclosure? Jay explains and offers practical advice if you are considering going that route.
Jay discusses why Attorneys are required in real estate transactions and how they can help save you from huge legal consequences.
Jay shares some of the common costs associated with getting involved and staying involved in real estate.
Jay discusses his experience working with Millennials Home Buyers over the years and how what they are looking to buy isn't that much different than previous generations.
Tired of finding already spoken for homes on the internet? Jay explains the difference between contingent, and pending homes.
The housing market doesn't stop just because the season changes. Jay discusses 5 reasons to sell this fall.
Jay shares some of the Chicagoland neighborhoods he has called home over the past 15 years.
Jay shares some of his favorite mobile apps and how they fit into his everyday real estate business.
In a World far beyond a Zillow Zestimate, Jay discusses some of the research and strategies in coming up with a homes list price.
Preparing to list your home for sale? Jay shares his view on open houses and how they can benefit both potential buyers and sellers.
Jay discusses one of the many unexpected events that happened during a showing appointment.
This is North Shore modern luxury living at its finest. Freshly renovated in 2017, this Fort Sheridan home has it all. Enjoy sweeping seasonal Lake Michigan views just atop the South Beach & ravine. A chefs dream kitchen, features all state of the art appliances, top finishes, & an accompanying butlers pantry. 2 story marble entryway opens to formal dining, living, & great rooms (11 ft ceilings.) 5 master suites, 5 full baths, & 3 half baths. Large grand staircase leads to the main master featuring a dual side fireplace, 2 huge walk-ins, a gorgeous master bathroom w/jetted tub, steam shower, heated floors, & an adjacent exercise room. 2 laundry rooms. The bonus wing includes a private suite, bath & large custom library. Walk out lower level w/2nd full kitchen, bar, & master suite. The home includes an epic soundproof theater room & temp control wine cellar. Smart features everywhere. Oversized temp controlled 4 car garage or 6 w/added lift. Close proximity to all area amenities.