The Closing Room: Recent Episodes

The Closing Room

"Real Estate. Let's talk about it". The Closing Room is the place where we get together with other professionals in the real estate services industries who all have the same goal - get the customer to the closing room. Whether it's the real estate market, mortgage rates, title insurance, homeowners insurance, or property management - we'll keep you up to date with the latest trends, regulations, pitfalls to avoid, or opportunities to pursue.

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Join us for Episode 9 with Evan Elsea, Manager of HouseHop, Real Estate One's version of iBuyer. Learn some of the reasons a seller might consider selling their house for cash to a company like HouseHop and some of the creative ways HouseHop is dealing with tight inventory.

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Join us for Episode 8 of The Closing Room with special guest and former manager with the REO Family of Companies, Diane Howard. Now living in Florida, Diane has expanded her Michigan business, InStyle Home Interiors (formerly Staged with Style) to Florida where she is Owner and Chief Creative Officer and Designer. InStyle provides home staging and redesign services. Learn about virtual staging and see some dramatic room changes that help homes sell!

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Tune in this week as Eric Chase, Sales Manager of Insurance One, gives some helpful insurance insights to buyers, sellers, and existing home owners.

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The Real Estate One Charitable Foundation has grown from $250,000 in annual fundraising to almost $1 million raised in 5 years. Meet Jennifer Essary, the quiet force behind this tremendous growth. As the Manager of the REO Foundation, Jennifer talks about the growth, the dip in fundraising in 2020, and some creative ideas on how to meet your fundraising goals during the Pandemic.

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On this week’s episode we talk to long time Traverse City resident and real estate agent, Jack Lane, about the housing market in Northern Michigan. A gifted storyteller, Jack tells us about the growth of the Grand Traverse area and with 32 years of experience has some great advice for agents new to the business.

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On this weeks episode, we talk to Joe Bigelman of John Adams Mortgage. Listen to Joe tell his story how he started in the lending business, built a successful career, then invested in himself to launch his business into the stratosphere. Study successful people - they leave clues. Whether you’re just starting in Sales or are in the middle of your career, Joe gives out many clues on how to take your business to the next level.

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Multi-million dollar Realtor, Conne Terova, shares her 30 years in real estate. Conne talks about tools and tactics she has incorporated since the pandemic, compared to her business practices of working in a “normal” market.

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Are you a real estate investor who is managing properties on your own? Do you struggle to find time to screen tenants, collect rents, keep up on repairs, walk through service animal or medical marijuana requests, or need help with evictions? If so, you’ll want to check out today’s episode with Morgan Detvay, Director of Rental Management One.

For more information on the Michigan State Housing Authority's EDP please visit: https://www.michigan.gov/mshda/0,4641,7-141-5555-533463--,00.html

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Did you know that if the SELLER of a property in the U.S. is Foreign, they could be subject to a withholding of up to 15% of the proceeds to the I.R.S. and the law specifies that the BUYER is responsible to make sure that it gets paid?  

To learn more about the 1980 tax act FIRPTA (Foreign Investment in Real Property Tax Act) and exceptions to the withholdings, tune in to our interview with Julie Lepore, Director of FIRPTA Solutions, Inc. Julie explains some of the pitfalls to avoid and how best to navigate these complicated seas.