Real Success: Recent Episodes

Jordan Meadows

Real, raw, and honest real estate advice you've all been seeking.

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What do you think will happen in 2024?

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  1. Are you seeing home buyers take their pets into consideration when looking at homes?

  2. Do you think buying or selling during the holidays is difficult?

  3. I want to decorate my home for Christmas but we’re in the process of selling, what would you recommend?

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  1. Can you share success stories from home sales your team has facilitated?

  2. What innovative marketing strategies do you use to showcase homes?

  3. How does SST handle negotiations and ensure the best deal for sellers?

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  1. What makes your brokerage different than others?

  2. What are your values/culture at WREA?

  3. What would you suggest to someone who’s in a contract but wants to make a brokerage/switch/has already capped?

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  1. Do you see a lot of buyers backing out of sales due to financing contingencies in your current market?

  2. Do you see that homes sit longer once a buyer has backed out of a purchase? Does it indicate to others a problem with the home?

  3. What do you think the biggest challenge is for buyers in the current market?

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  1. I don’t want to sell my home, but I have a lot of equity, what are some things you would recommend doing with that equity?

  2. If I wanted to sell my home quickly what are some things you would recommend to do that?

  3. Do you think we will see home prices decrease due to rising interest rates?

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  1. Why did you decide to write a book?

  2. How was the process of writing a book?

  3. Can you give a bit of an overview of what I can expect from reading the book?

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What is happening with buyers' agents right now? Am I going to have to start paying for representation?

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  1. Are there any full-service hospitals in Henry County, or should I plan on driving to Atlanta for my medical needs?

  2. What would you say is the primary cuisine of Henry County? Any good restaurants you would recommend?

  3. Considering the market in Henry county right now, would it be better for an out-of-state buyer to move to Henry county and rent or stay with friends initially while looking for a house, or to try to buy a property long distance and do a door-to-door move?

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  1. What are the local attractions for the Henry County area? What places are good for families to visit?

  2. What factors would one of your lenders look for in my credit history that would help me most in my loan application? Would your lenders work with me to improve my credit score?

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  1. Should I be leery of, or outright avoid, buying a house that is in close proximity to electric grid transmission lines?

  2. If I want to build a house instead of buying an existing one, how long should it take to build? Do you have any recommendations for a reputable builder?

  3. Who would you say is the best internet provider in Henry County? I work from home and need service that is super reliable and isn't spotty.

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  1. Do most houses in the county have swimming pools, or should I be looking for a house that has a community pool within a subdivision? Is a pool necessary to live comfortably in the area?

  2. What is the main business of, and major employers in, McDonough?

  3. Are the public schools good in Henry County or should I consider private schools for my school-aged children?

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  1. My pool needs a lot of repair—should I bury it before I sell my house, or invest the money to fix it?

  2. Is there a lot of new construction in McDonough, and should I use a realtor when buying new, or rely on the builder?

  3. The house I'm buying just doesn't have enough garage space. Will I have trouble getting a permit to build a detached garage or storage shed?

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  1. If I buy a larger lot (one acre or more) and it is mostly wooded, are there environmental restrictions on clearing the lot where I would have to leave it wooded?

  2. Are open houses an effective way of selling a property when every property for sale is on the internet? If so, how many open houses are generally conducted to show the property?

  3. Does a realtor have to purchase a Jeep Wrangler to work at Watkins Real Estate Associates?

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  1. How prevalent are solar panels in McDonough and do they add to the value of the house?

  2. Have HOA fees been trending up or holding steady in the last 2-3 years?

  3. Why isn't there a healthy condo market in McDonough (apartment-like condos, not townhouses)? Are they against local laws?

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  1. What is the best time of the year to sell my house in today's market? The best time of the year to buy a home in Henry County?

  2. If I were considering a career change, how long does it take to become a realtor? Can I do it part time?

  3. Would you please explain what a home warranty is and do you encourage buyers to get one or have sellers provide one?

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  1. In this buyer's market, how long do I leave my house on the market before calling it quits if it doesn't move?

  2. If I move out of the area/state due to a job reassignment, and I list my house, who takes care of the property—realtor, property management firm, or someone else—until it sells?

  3. How is the day to day traffic in McDonough and surrounding area?

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Can I sell my house to my children for a dollar or is that considered a gift?

In this market, should I rent out my house instead of selling it?

Can I ask my neighbors to mow their lawn when I am showing my house?

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  1. I'm ready to buy my new home in Henry County and I'm itching to get there from out of state. What is the ballpark amount I need to budget for the move to Georgia (packers, movers, temporary lodging, etc.)?

  2. I'm about to close on my house in Henry County, but I don't know what utility companies to contact for water, sewer, trash, internet and TV. Will my realtor be able to assist me with setting up those services, or should I just ask my new neighbors?

  3. As I tour homes in the area, I find that many homes have pine straw mulch in their yards. I've read that pine straw mulch draws a lot of garden pests and insects. Are there homes that do not have pine straw mulch in their yards?

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  1. How big of an effect does seasonality have on the real estate market?

  2. Do you think white brick will ever go out of style?

  3. What is your top piece of advice to sellers to get my home sold quickly?

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  1. What’s your #1 piece of advice to new realtors?

  2. What is the one thing that stands out about your team?

  3. Do you think Realtors hanging out with clients is acceptable? I saw a video of a realtor saying they never do anything with their clients outside of work.

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  1. NAR reposts that all 4 regions saw a decline in home sales in May. Are you seeing this locally?

  2. Is the Airbnb market ending?

  3. What is your must have in a kitchen renovation? Fancy stove, colored cabinets, open space, etc.?

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  1. What would you suggest to first time home buyers who can’t seem to find anything they can afford?

  2. Do you think the student loan repayment starting in September will affect the housing market?

  3. When should a new agent give up on a real estate career/how long do you think it takes to get your business off the ground?

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What are your predictions for the rest of the year in real estate?

How would you advise someone deciding between a home, townhome or condo?

What is your favorite current home trend? Exterior or interior

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  1. What would you suggest to first time home buyers who can’t seem to find anything they can afford?

  2. Do you think AI will ever take over the real estate profession?

  3. Do you believe housing prices will ever go back to pre-covid prices?

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  1. We are buying a house and are getting close to closing. Our lender sent us a HUD-1. What is this document and what in particular should we be looking for on it?

  2. If the government defaults will this impact the housing market?

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  1. If I want to list my house, and the realtor already has a waiting list of people looking for properties, and my house lines up with one of those waiting list people, am I better off selling it before it is ever listed, or should I take advantage of a possible bidding war?

  2. What is an easement? Do I have to give up part of the land I purchased for an easement? Do I have to take care of the easement (like mowing it)? Can I use the easement to park my car or truck?

  3. Is it safe to buy a house that is situated fairly close to electric transmission towers and lines? Will it affect the electrical or internet service in my home?

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  1. How does a realtor from the Shannon Sells Team determine the selling price on a house? Is it determined by the seller, or does the realtor have a magic formula to set the sale price?

  2. Have you ever listed it a home for what the seller wants to list it for even though you know it is not properly priced? And did you have to hold your tongue to not say I told you so when the price had to be adjusted?

  3. When listing a house, who decides how many and what photos to take and publish on the listing? The photographer? The agent? The seller?

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Enjoy this episode as we ask a local lender some important questions.

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What do these new interest rates mean for you?

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  1. Are people still looking to buy homes even with interest rates?

  2. Can I still get top dollar for my home in this market?

  3. How do I figure out how much equity I have in my home currently?

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1. When we go to close on our house, we've been told that we need title insurance. What is title insurance?

2. How do we choose a title insurance company? 

  1. I want to build and need to buy raw land to build on. What should I be looking for when buying a lot?

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  1. I'm considering buying a home from a FSBO--For Sale By Owner. I've done my market research, and the seller obviously has not. He is offering the house at below the market price for a home that size and age. Am I under any obligation to talk to the seller about his low price? Should I be wary that the price isn't what the market might sustain? 

2. If I really want to sell my house for maximum gain, should I put in a pool or what is the best what is the best improvement to get the biggest bang for my buck?

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  1. When should I buy a vacation property and how would I do this?

  2. What things should I ask my realtor when buying a vacation home?

  3. How much should we budget for getting our home ready to sell? What's the average cost to get a home ready for sale?

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Listen in to hear our weekly Q&A with James this week!

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How would I start the search for an investment property?

Why is it important to maintain a relationship with a realtor when you are not planning on buying or selling at the moment?

Do realtors normally provide a newsletter or market update or helpful hints to their clients and prospects to help maintain that relationship?

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If while under contract the house becomes uninhabitable due to natural disaster (the house burns down, gets hit by lightning, floods, etc), can either party get out of the contract? 

If the client passes away while under contract, does the realtor represent during the estate process? & If, while under contract but before closing, the seller dies, does that void the contract?

Do realtors still "farm" areas or zip codes like they used to back in the day? If not, how do they get their leads other than personal referrals?

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Has Watkins Realty ever disinvited a prospect or client?

When does a realtor know when a client is not going to buy and is just using them for expertise? 

When does the realtor reach the point of no return with the client?

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1. Many people use on-line calculators to determine if they can afford to purchase a house. Although these calculators have a lot of value in the decision making process, there is a possibility that when the purchaser goes to get their loan, the numbers may be significantly different. Is it better to use an on-line calculator to determine home buying worthiness, or to speak to a lender in person?

2. Some contracts include covenants, conditions and restrictions. What are some typical CCRs and how can a realtor help me understand them? Should I purchase a property that has CCRs or should I concentrate on properties that don't have CCRs?

3. What is a foreclosure sale and can I get a good deal on a foreclosure?

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1. What are some ways to prepare my house for selling? Should I work on curb appeal? Should I bake cookies just before showings? Should I re-paint certain rooms before listing? What will get me the biggest bang for my buck to get my house sold?

2. In this housing market, are there any rent to own options?

3. Is it better to close on a house at the beginning or the end of the month?

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When I'm buying a house, do I always have to come up with earnest money to give to the seller before we close? Is it refundable if I don't buy the house?

How do I know if the HOA for the house that I'm considering is charging the proper amount or too much? Is there an average rate for HOAs in Henry County?

What does it mean to be pre-qualified? How do I go about doing that?

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As the market seems to be flipping from a seller's market to a buyer's market, what are some seller's concessions that might be offered to entice buyers? 

I am moving to Henry County and will be working mostly remotely from home. Is the internet service in Henry County reliable? If not, where should I reside that is close to Henry County that has reliable internet service?

Should I be concerned with how a property is zoned? What are the proper zones for residential properties and what should I look for?

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I am planning on buying a house specifically to use as an Air B&B rental. Is there anything special I need to know about the process?

A recent report by ATTOM generally states that it is cheaper to own rather than rent. Is that true in Henry County?

Link; https://www.axios.com/2022/01/11/owning-is-cheaper-than-renting-in-much-of-the-us

How do you handle a buyer who, after closing, has buyers remorse?

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1. Help! My house sold faster than I thought it would. The house I am buying isn't ready yet, or I haven't quite found it yet. What should I do for a place to live in the interim? What are my options?

2. Is there some formula or calculation I can use to determine how much house I can afford to buy?

3. Can the seller determine the type of financing for the buyer? For example, whether the buyer can go conventional, VA, FHA, etc.

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  1. If I wanted to become a real estate investor, and start my journey to financial success like Shannon Watkins, how much money would I need to start my investment business?

  2. With the housing market and interest rates as they are, will real estate agencies start shedding agents?  Is it a bad time to get into real estate as a profession?

  3. Should I be concerned with how a property is zoned? What are the proper zones for residential properties and what should I look for?

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Tell me about signing a contract with a realtor. Is it exclusive? Can I sign a contract with more than one realtor at a time? How long is the contract typically for? How binding is the contract?

Can a realtor help me find a place to rent, or do they just concentrate on buying and selling homes? I know they get a commission for selling a home--how does the fee structure work for rentals?

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Buying a home can be as stressful as buying a car from a dealer. I really don't know what I'm looking for when I walk through a house. What two or three things should I be concentrating on to tell me the condition of the house? Foundation? HVAC? Hot water heater?

With higher interest rates and a tight market, are there any programs in Henry County that help home buyers with down payments or grants towards purchasing a home?

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Is there a website or other resource where I can see reviews of realtors to know which ones are good and which ones to steer clear of? A kind of Yelp or ZocDoc for realtors?

What is a short sale and should I consider it if my realtor asks me to consider it as an option?

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I've heard that a person can live fairly comfortably by investing in real estate. Is that true? How would I get started? Do I have to have a lot of money up front to do this?

We're moving from out of state to Henry County. We've never seen pine straw before. What is it? It seems to be all over every backyard we look at.

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We are planning to put our home on the market next spring and seeking advice on home improvement projects to maximize our sale. What guidance do you have on home improvement projects with the best resale value?

Since the housing market is so tight, inventory is low, and the competition for a house is stiff, are open houses really necessary?

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I'm utilizing the services of a realtor and they charge a 3% commission. What am I getting for that 3%? Can I negotiate the 3% if I feel my realtor isn't worth that amount of money?

As I look for a house to purchase, how can I tell if the house has been recently flipped? Should I steer clear of recently flipped houses?

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After closing on the home, how long does the realtor stay involved with the sale? Are they immediately done with the sale, or will they remain available over the next couple of weeks to ensure everything transitions well? If it is for a couple of weeks, do I pay them more for the transition help?

The seller of the home I am buying wants to rent back for a couple of months until the house they are buying closes. How much do I charge them for rent? The exact amount of my new mortgage? More? Do I charge a security deposit as well?

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When purchasing a home, should I consider a property that includes rental possibilities? Is it difficult to be a homeowner and a landlord at the same time?

I’ve never bought a home with an HOA before. What should I be aware of concerning HOAs? Can they force me to sell my house if they don't like me?

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Once closing happens, the house now belongs to the buyer. If the seller asks to rent back for a period of time, and the seller does any damage to the house prior to the buyer taking occupancy, does the buyer have any recourse?

In some (or many) cases, one of the parties might be asked to pay all of the closing costs at the table. Are there any particular closing costs of the seller that the buyer cannot pay, or of the buyer that the seller cannot pay?

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If I am considering purchasing a subdivision that has a HOA, can I negotiate the terms of the HOA or do I have to adhere to whatever terms the HOA offers?

WREA firm partners with several allied businesses like home warranty firms, lenders, etc. Do those partner businesses give clients of WREA any preferential treatment, lower rates, more favorable terms, discounts?

Upon closing sometimes the seller leaves things behind in the home: in a shed, in the basement, in an attic storage area. Do those items immediately become the property of the buyer, or does the buyer have a duty and responsibility to return them to the seller?

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If I engage with SST and for some reason, any reason, I don't hit it off with my realtor, can I change realtors within SST, or would that violate some ethical rule?

In today's market, is it better to buy raw land and build, or buy an already built home? Has the supply chain eased enough to have a home built or would the timeline be too extended?

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How important is paint in the sale of a house? Should everything be painted Navajo White before listing?

What do you think is going to be the biggest problem in the upcoming real estate market? 

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Have you ever had a client ask to come back and see a home at night? How would you reply to this? 

Can the current homeowner answer any questions about the neighbors/neighborhood? 

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The rental market is probably as tight as the housing market, with some rents going up in double digits every year. Many people buy a house with the intent to use it as a rental; or due to job relo, decide to rent their house instead of selling it. Are HOAs making it difficult for people to rent their homes?

What do you think is necessary to have a successful open house showing?

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What do you think is necessary to have a successful open house showing?

What is your favorite part about being a real estate agent?

Would you recommend buying/selling in this current market?

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Despite the interest rate hikes from the Fed and according to reports [Patch Personal Finance], the demand and pricing for homes are still high and the inventory remains low. The rental market is soaring in price. Is this true of the Henry County market and what steps can I take to best position myself to purchase my dream home in this tight market?

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How did you decide you wanted to start a career in real estate?

What's your best advice for someone looking to start investing in rental properties?

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Have you ever had a sale fall apart at the final walkthrough?

What's the highest amount of closings you've had in one month?

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Talk about solar panel leases, and how they convey from the seller to the buyer.

We were looking to put solar panels on our roof, but found out that if we sell the house, or God forbid, die and leave it to our heir, they are stuck in the lease and can't cancel.

Might be a stopping point for some buyers.

If you could sell real estate anywhere in the world, where would you like to sell?

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Have you ever come across anything scary or creepy when showing a house?

What step of the home buying process do you think is wrongfully overlooked?

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Is it worth it to upgrade your home before selling or leave it as is for the buyers to change?

What's the most memorable advice you've gotten in your real estate career?

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What's your favorite and least favorite thing about the current state of the housing market?

What do you think is the biggest obstacle to becoming a homeowner?

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As an agent, what part of the home buying process do you find to be the most difficult? And in the selling process?

What was your "I've made it" moment in your real estate career?

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How would you help me navigate a potential bidding war?

What type of flooring should I install in my home to increase the value?

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I heard your team is expanding to the Northside of ATL what does this mean for your clients?

Pro's and Con's of the southside of atl versus the northside? 

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Another live Q&A in the books!

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Will spending money on landscaping increase my home value?

Should I leave my furniture in my home for showings or move it out? Does it make a difference?

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Is it better to price my home high or go with the true market value?

In today’s market, what’s the typical amount of time between listing and closing?

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Should I sell my house for sale by owner- since everything is selling in this market?

I thought that I was ready to buy, but with prices and appraisal money, etc I do not have enough cash, but need to move!....do you have any other programs, like rent to own?

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What home decor items should I save on and which should I splurge? 

When building a home what are your 3 biggest tips? 

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Are home values still increasing?

What would you say to someone who feels stuck renting and feels like they're wasting their money but also can't buy a home?

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Does a pool add value to my home? 

What does a director of client experience do? How does this impact me as a buyer or seller? 

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What we do that's different than other teams.

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If I’m selling my home, what do I do if I don’t get any offers within the first few days of it being listed?

What are your predictions for the summer market in our area?

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Is it important to find out why the seller is moving?

Is days on market important when buying a home?

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Is it possible to get a mortgage after bankruptcy?

How much does the neighborhood matter when buying a home?

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What do I need to be pre-approved by a lender?

Pros & Cons of new construction

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How do I improve my credit score?

What is the most important room in a house to stage?

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If I’m looking to sell this summer what’s one home project you recommended doing before listing? 

How accurate is the zestimate?

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Can you briefly explain rent-to-own programs and are there a lot of homes in your area that qualify for this? 

How much do I have to pay an agent to help me buy a home? 

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What are you all doing to help sellers find a new home after selling since the market is moving so quickly. 

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We all know it takes two seconds to sell a house nowadays. In this market in February 2022, are sellers accepting contingencies if a buyer needs to sell their house first? 

What happens at a real estate closing? 

How soon can you move in after buying a home? (If needed)

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What are some hidden costs of owning a home? 

What are some good questions I should ask when viewing a property with my realtor? 

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Can you quickly explain the home buying process?

How should unexpected circumstances from an inspection be handled?

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Shannon answers some more of your questions!

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Do you want to invest, but don't know where to start? Listen up!

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Another weekly Q&A

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Shannon explains!

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Let's find out.

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  1. What is a brokerage? 

  2. Do you recommend interviewing multiple agents?

  3. What are some different things I should compare when picking a realtor?

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Predictions for the 2022 real estate market!

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  1. How do you market homes?

  2. How do you vet buyers?

  3. What’s your sale to list price ratio?

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Help I'm renting and want to buy a home!

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Shannon shares all about flood lands and insurace.

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The listing says "many offers received, none accepted".

Assuming we offer exactly what they are asking, what more can we do to get over the hurdle and have our offer accepted?  Why wouldn't those many offers that were received be accepted?

How Zillow promotes agents over FSBO.

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How do VA loans work and what are the pros and cons?

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What's happening with Zillow and why should you care?

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  1. What do you do if the home inspection report reveals major issues? 

  2. What’s your biggest moving tip? (In regards to packing, moving companies, storage, etc.)?

  3. How do you find a rent-to-own property? Are they a good decision?

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  1. Can I bring my dog to see the house? 

  2. Can I see the home after it has rained?

  3. Can I ask an agent for references?

  4. How do you help buyers compete in this market?

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Questions: 

  1. What are the benefits of working with a team vs a single agent? 

  2. If I have investment properties should I hire a property management company?

  3. What’s the quickest you can get a home listed? 

  4. Do you think it will be a buyer’s market anytime soon? 

  5. Do I need to do a final walk through?

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  1. What is dual agency?

  2. Can I buy and sell a home at the same time?

  3. What are some reasons I shouldn’t do FSBO?

  4. Can I begin investing in real estate with no money?

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  1. What are some of your favorite properties you have listed currently?

  2. If you could choose one place in the area you work, where would you choose to live and why?

  3. What's the difference between a Realtor and Real Estate Agent?

  4. Will you ever represent and seller and buyer on the same property?

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  1. What can I do if my home isn’t selling? 

  2. Can I take a favorite light fixture or other things from the home when selling? 

  3. If I sell my home with you, will you also represent the buyer?

  4. How do you vet a buyer?

  5. Does assessed value have anything to do with market value?

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Questions

  1. How long can a seller take to respond to an offer? 

  2. What do I do if my offer is rejected?

  3. Do I need professional stagers for my home? 

  4. Is it okay to decorate for the holidays even if I plan to list my home? 

  5. How important is curb appeal when we head into the fall? 

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Questions;

  1. What can I do to prepare for homeownership?

  2. How would I start the process of buying a vacation investment property?

  3. What does selling a home “as-is” mean?

  4. How will selling a home affect my taxes?

  5. Is selling a home stressful?