Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:14):
Good morning, and welcome to your Wednesday. Today is June eighteenth.
It's eleven oh eight and thank you for tuning in
to WCCF News Radio. Time now for real Estate Exposed
here on NewsRadio WCCF, a fast paced looked into the
world of real estate. So, whether you're buying or selling,
(00:34):
chances are you might have a question or two about
something you heard on the show today. So keep that
question handy and we will address it. If you go
to Matthew Patterson dot com, chances are you will find
an answer, and you'll also find contact information on there
as well. So once again, that's Matthewpatterson dot com. Without
(00:55):
further ado, let's go to the program, ladies and gentlemen.
Speaker 2 (00:59):
Matthew Patterson, all right, good morning. How are we doing, Shannon?
Speaker 3 (01:03):
We're doing good. How are you?
Speaker 2 (01:04):
I'm doing great?
Speaker 3 (01:06):
You you?
Speaker 4 (01:07):
I feel like you're seeing things a little clearer today.
Speaker 3 (01:10):
Why would that be?
Speaker 2 (01:11):
You feel like you're looking at things different?
Speaker 3 (01:13):
Yeah? Well, what the what's this? The slogan? If you
the way you? How is it the way you look
at things?
Speaker 2 (01:20):
I don't know's yougan?
Speaker 3 (01:22):
What do you got a poster?
Speaker 2 (01:24):
Here's what smarty pants is trying to get at as
I'm wearing real.
Speaker 3 (01:28):
Oh, I know what it is.
Speaker 4 (01:29):
Change the way you look at things, and the things
you look at will change.
Speaker 3 (01:34):
Right there you go, So now you can actually.
Speaker 2 (01:35):
Read, I can actually see my my charts. I love it.
Uh So how am I I'm good? I'm good?
Speaker 3 (01:44):
Uh someday, middle of the month.
Speaker 2 (01:46):
Oday. And you know we like to be busy around,
Yes we do. Yeah, and it's you know, when it's
slow or the market's slow, it's just odd for us.
Speaker 3 (02:00):
It is.
Speaker 2 (02:00):
It's it's we stay busy. But yeah, it things to.
Speaker 3 (02:03):
Be busy, but we're not.
Speaker 2 (02:04):
It's not the same that that intensity that and it's
been busier, so I love it. I love it. With that,
we're going to talk about some numbers, anything you've noticed recently.
Speaker 4 (02:16):
You know, just a word on the street is I
feel like maybe our inventory so well, yeah, that's the
street for me. That's the only street I hang out on.
I'm a domesticated cat.
Speaker 3 (02:28):
Now it is. I think the numbers are getting better.
Speaker 2 (02:31):
They are getting better, and that is what I want
to draw a little attention to in the And I
say little because no, we are not at a balance
market yet. But one big indicator to me is seeing
every single price point, whether it be if I'm just
looking at pgim versorials or if I'm looking at our
(02:53):
entire border realers as a whole, every single price point. Uh,
the inventory has went down from the previous month.
Speaker 4 (03:01):
Now, that's inventory is going down. That doesn't necessarily mean
prices are going down. Or are they one in the same.
Speaker 2 (03:07):
Mmm, No, they're not one in the same. They different,
That's right, they can be very different. Although since you
alluded to that, let's talk about that, because I was
talking about this in a listing point me yesterday. You know,
the big question is the marketing to drop more? Is
are gonna drop more? Is it gonna drop more? We
had said a couple of months ago, and I really
believe that. I mean, I don't have a crystal ball. Obviously,
(03:29):
anything can happen.
Speaker 3 (03:30):
National Glasses. You don't see that in the right direction.
Speaker 2 (03:34):
I will tell you, sorry so, but but what I
will tell you on on we you know, we were
looking at a couple months ago and I said, I
really it's going to feel like to the consumers that
the prices are still going going down because of seeing
these homes close a lot less than they are being
(03:58):
marketed at.
Speaker 5 (03:59):
Right.
Speaker 2 (03:59):
The reality is, though, is that means that they were
being marketed too high, and that's why we're seeing one
hundred and fifty two hundred days on market. They weren't
adjusting quick enough with the market. So now that those
have closed, I my feel is that we are we've
already hit that and we're seeing that baseline and I'm
seeing it in activity as well people, which tells me
(04:21):
the consumers feel the same, and you know, they're purchasing more.
They're they're looking at more houses. We're seeing more offers,
which I'm sure others are so.
Speaker 4 (04:32):
You know, Well, So that report that we look at
and kind of live and die by, what does it
tell you about home prices? Once once the sellers listen
to their agents and get that home priced, where the
buyers are ready to engage, what is the home selling
for once it's priced correctly. I'm not talking about the
(04:55):
pretend I want to get another eighty thousand dollars from
my house because I put a you know, a brand
new to coaster in and I painted the walls and
now it's worth this.
Speaker 3 (05:02):
No, what's the real price? What's there?
Speaker 2 (05:04):
Are you asking me, what percentage of list prices at
the price? Yes, well, let me put my glasses on
as I looked down my list here, so you're gonna
see some of these price points. Uh, let's talk about
May ninety ninety six percent, ninety six, ninety six, eighty five,
ninety five. I go to the previous month ninety one percent,
(05:25):
ninety two, ninety two ninety six in the previous very
similar ninety five ninety six. Is what I'm feeling and
seeing in art listings is if their price appropriately, we're
seeing some ninety seven ninety eight.
Speaker 3 (05:39):
Yeah, there's not a lot of you don't have loss
to the seller.
Speaker 2 (05:43):
Well, that's right, and you know many which I completely
get it. Again, my father I grew up as you know,
my father was an auctioneer. It was all about the
art of negotiation and he always wanted a deal. So
and they feel like, hey, I've got inflate the number
because someone's gonna want money off. Not if it's priced appropriate.
Speaker 3 (06:04):
Right, people will see the value and go okay, fine,
I'll take it better.
Speaker 2 (06:07):
Yet people not only see it, more people will see
it true, and you'll have more interest. And what does
that mean? The more people we have interested in in
the same product at the same time, the more money
it's worth, right, do I need to take us back
to the toilet paper that was selling for But you
know it's it is the truth, the more people interest
in that. So I'll give you an example. We have
(06:28):
a home on the market right now that that has
been on I believe a week tomorrow and already getting interest,
already getting offers. This home was on the market for
six months previously, right, yeah, and it was overpriced. We really,
you know, we readjusted where it belonged on the market. Obviously,
we did do some other things. We you know, we
brought our uh we suggested, as we always do, Hey,
(06:51):
this needs to be done. This needs to be done.
Didn't spend a lot of money, but it was important.
Are you okay saying blessed? Bless you say? We are
human here, this is a normal radio show. So by
doing so a combination of both, one, we showed the
(07:11):
value better and then also made the adjustment. We're already
getting action on it and we're getting Actually I can't
talk about what the offers are, but they are. It's
not very good.
Speaker 3 (07:25):
They are very good offers.
Speaker 2 (07:26):
So does that answer the question question. Yeah, I know,
I know what you will see is also you know,
if you already worked with you've seen my reports. If not,
you can definitely reach out to me online or you
(07:46):
can give us a call and uh and we'll make
sure to get these two you as well. You're gonna
you know, you'll see last month and uh, you know
in the higher priced less homes one under contract or
closed that month than the previous two months. That was
just a time. That was a time.
Speaker 4 (08:07):
It could be as simple as the one or two
homes that changes that number two.
Speaker 2 (08:10):
That's exactly right.
Speaker 3 (08:11):
This is such a small group of homes.
Speaker 4 (08:13):
One home selling or one home yeah, taken off the
market really affects those numbers.
Speaker 2 (08:18):
Let's put that in exactly what you were saying. So
one point two five million and a seven home sold
in April, only five sold in May. Right, Okay, I
go to my million million to one point twenty five
eight sold in April are closed, if you will two
closed in May. Now, I'm going to tell you you're
(08:39):
going to see a change in that because I know
the listing's out there. We're in that inventory all the
time as well, and we're we're getting a lot more
action and offers on them, that you're going to see
that number go up these next two months.
Speaker 4 (08:51):
I was going to say, at least for the Patterson Group,
those numbers are going to go up significantly in.
Speaker 3 (08:56):
Jin in July.
Speaker 2 (08:57):
YEP. Now, also as we look at these numbers, what's
the sweet spot right now? In are two fifty to
four obviously not in PGI and FAL, but to fifty
to four, you have two thousand, a little over two
thousand homes on the market, three hundred and fifty fifty
six sold that last month on average ninety seven percent.
That is the lowest inventory. You're at seven months. Well,
(09:20):
guess what the month before you is seven point six
seven a month for that eight months, we are getting
to that balance market on those and then of course
the FORUR to six hundred, a little over one thousand
homes on the market, one hundred and five sold, you're
at nine point eight again down from the previous So
(09:40):
you know, this is all trending in the in the
right direction, especially if you're a seller and you're wanting
to move your home. What I would say, also with
that lower inventory, seeing those numbers come down, if you've
been waiting for the time to put it on. You're there, right,
you're there, and you didn't want to put it on
and not be seeing action. If you're price appropriate, you're
(10:04):
gonna get the action. You're going to be pleased. If
you're a buyer, I would make a move.
Speaker 3 (10:09):
Well.
Speaker 4 (10:09):
I mean, how many times have we had buyers call
in recently and they've inquired about a home and we
get to tell them, oh, jeez, that's just went under contract.
I'm sorry, and like, oh, I've been watching.
Speaker 2 (10:18):
Well, okay, what do they say. I've been watching that.
Speaker 3 (10:20):
I watching, watched it leave your potential, you know.
Speaker 2 (10:25):
That's right. I was there two or three times. All right,
So we're we're running late on our break. Let's take
a break. We're gonna come right back. We're going to
talk about some weekly numbers, and then we're gonna get
in some great topics. So stick around. We'll see you
on the other side.
Speaker 6 (10:38):
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success at getting it sold. Expired listings, although frustrating, don't
have to be the end of the journey. Matthew Patterson
has proven marketing strategies to get your home scene by
the most qualified buyers and get you top dollar. Francisco
and Victor recently worked with Jennifer in the Patterson Group
to buy a home in Port Charlotte and said from
their initial meeting to the closing day, she showed ose professionalism, expertise,
(11:01):
and made the entire process seamless, handling all the details
including paperwork, inspections and more. If you're looking for a dedicated,
professional and knowledgeable real estate agent, be sure to contact
the experts at the Patterson Group.
Speaker 3 (11:13):
This is Todd Matthews.
Speaker 6 (11:14):
Call my friend Matthew Patterson of the Patterson Group at
Keller Williams Peace River Partners. There's a quick and easy
way to find out where your home is worth in
today's market too. Just go to Matthew Patterson dot com.
Then start packing cause you will be moving your home.
Speaker 7 (11:28):
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Speaker 4 (11:36):
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Speaker 1 (12:45):
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(13:08):
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Speaker 5 (13:16):
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Let's help our veterans heal from the invisible ones of war.
Speaker 7 (13:31):
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Go to Matthew Parson dot com.
Speaker 2 (13:46):
Welcome back to real Estate Exposed. All right, Shannon, Yes, sir,
So we talked about monthly's talk about weekly, and then
we've got a lot of topics, got open houses, We've
got houses discuss. So let's to there's so much easier
to read now, let's stick to home sales in our
(14:07):
board in Charlotte County and Northport. One hundred and ninety
two new listings the past. Let's see June eight to
June fourteenth, So that week, one hundred and forty one
under contract and one hundred and sixteen closings. Okay, Cape Coral,
North Fort Myers again, three hundred and eighty new listings,
three hundred and three new contracts. So that is good
(14:28):
to see because contracts have been really down there, property
moving very slowly. Now we're starting to see much better
two hundred and twenty eight clothes.
Speaker 4 (14:37):
And I think kind of Lee County kind of picks
up a little quicker than we do. So when we
see the numbers in Lee County starting to grow, I
think that kind of flows, you know, up to our
area too.
Speaker 2 (14:47):
It does, and we have to keep I mean, they
you know, had so much devastation.
Speaker 3 (14:52):
There, they did from the hurricane. They did that.
Speaker 2 (14:54):
Yeah, you know they've they're still working on that.
Speaker 3 (14:58):
They're still working on it, right.
Speaker 2 (15:00):
Hey, So let's get into some of our topics. How
about it?
Speaker 3 (15:04):
Sure, what do we want to talk about?
Speaker 4 (15:05):
How about I know we've been talking a little bit
about investing and buying you know, different types of property.
So is buying land like I know we talked about, yeah,
by dirt.
Speaker 3 (15:18):
What's the difference.
Speaker 4 (15:18):
Between like residential land or like farm land or acreage?
Speaker 2 (15:24):
What's Well, there's a big difference in what you can do.
Speaker 4 (15:27):
With it, and I guess it affects like permitting and
zoning and stuff like that are involved.
Speaker 2 (15:32):
It does, and we're seeing a lot of changing you
know out King's Highway out seventeen Birch Store Road, a
lot of agriculture land, people getting it rezoned. It is
something that can be done. That's a real lengthy conversation
to have on here. But definitely you need to do
your due diligence. Okay, you need to make sure. Let's
(15:53):
go to the locks.
Speaker 4 (15:53):
I was gonna say, let's go, let's let's skip the
agricultural Let's go a lot.
Speaker 3 (15:58):
So okay, by a lot.
Speaker 4 (16:00):
What do I have to think about when I buy
that lot?
Speaker 2 (16:04):
Uh? Well, are you going to build on it?
Speaker 3 (16:07):
Maybe?
Speaker 2 (16:08):
Okay, if you have the plans for the house, I
will one. When you write the contract, I would, you're not.
This is not going to be a seven or ten
day And when I say due diligence period, that's what
it's called on on a vacant land contract versus an
inspection period. It's it's very similar. That's the time that
you're going to do your surveys. You're going to Uh.
(16:32):
The first thing I do is be meeting with a builder, okay,
or you know that that you're going to be using
once you have the survey and say, hey, will this
house fit on this right right? Because if not, then
what's going to take for it to fit? And you know,
when it comes to a point, you know, I've worked
with the draftsmen before that you're like, hey, that's not
(16:53):
the house I want this, Lias's just not it right.
So and if you have that ahead of time, that's
something that you want to let us know because we
can be searching for those size lots, that style of lot,
whether it's a key lot, a tip lot, of standard lot,
to you know, if there's something very specific. Which garages
is a big thing now.
Speaker 3 (17:12):
Oh yeah, I believe me. If I had a four
car garage, that would be awesome.
Speaker 2 (17:15):
Okay, four car garage would be great, but you still
want to have some type of great curve appeal in
the front yep. So there's the cast space for that.
You need space space and a great design. Now, a
lot of these builders, because three car garages were so
important and have been for some time, they changed a
lot of their plans over the really last five ten
(17:36):
years to where they've got some great plans that are
great home designs that will fit on a standard lot
and still give you three car garage.
Speaker 4 (17:44):
But don't you have to sacrifice like some depth, Like
you're gonna you're gonna eat up the lot. So if
you want to pool, you want to as far I
was going next car garages.
Speaker 2 (17:55):
You know, you know how disheartening it is to find
out that, you know, I've seen it happen on existing homes.
They buy a home and realize they were told you
can put a pool on it, but nobody discussed this
type of pool yeah, and got specific and all of
a sudden, all they can fit is a lap pool,
and they're like, well, I don't want that. I want
the big kidney shaped pool, or I want and I
(18:16):
want a sun deck, which hey, I don't blame you.
You know you should get what you want, but you've
got to make sure that it can fit. So so
definitely I would start I would be looking into that immediately.
I would suggest more like a thirty day due diligence
period as well as I'd be doing an environmental study.
(18:37):
And what that environmental study is is someone's going to
check that property to see, well, one we're going to
already check if it's in a scrub jay area zone, Turtles,
tortoise ambering out, all those can be very very costly.
You can be looking at it and I'm just throwing
(18:58):
a number here, but you'd want to you definitely want
to get you know, specific numbers. But let's say three
thousand dollars per animal, right, it can add it quickly.
If you're only buying a twenty thousand dollars a lot,
all of a sudden you're like, hey, wait, I could
have bought this one over here, so very very very important.
Speaker 4 (19:15):
Well, and I guess you've got to think about, you know,
if you're going to build a home on this lot,
what is your view going to be? Are you going
to have neighbors? Is there going to be a condo
development going up in the near future, what's kind of
what's your future building area is going to be?
Speaker 2 (19:30):
Too exactly? And again I'm a proponent of I'd be
driving by it in the morning, mill of the day
evening if I'm going to build a house there and
that's going to and that's going to be my homestead, right,
my primary residence. I want to know what the neighborhood's
like when everybody's home, you know what the traffic is, okay,
(19:51):
as you know as well as I've had some homes
in the past that they had built and said, you
know what, we don't the pool. Never go w on
a pool, So they built the house further back on
it right, and then resale came.
Speaker 3 (20:05):
About and then it's hard to sell that.
Speaker 2 (20:06):
It was very difficult because.
Speaker 3 (20:09):
You can't move the house forward.
Speaker 2 (20:10):
A lot smaller buying, you know, pool for the area
we were at, the type of home a lot of
people wanted to pool.
Speaker 4 (20:18):
Well, I mean obviously moving down to southwest Florida from
up north. You know, people up north don't typically have
pools in their backyard. And when you come to Florida,
you want that Florida lifestyle where you've got the pool
in the backyard. I want to wake up and open
up my bedroom door and jump in the pool. They say, okay,
well that's good information. Obviously, what coastal lots buying, you know,
(20:40):
buying something closer to water, whether it's the beach or
a canal or a waterway, I would imagine there's some
restrictions that you have to be aware.
Speaker 2 (20:48):
Of, not just restrictions. You're gonna have other building costs
that you normally would not have. For instance, that house
has to be an elevated house, you know, you know, well.
Speaker 3 (20:57):
You got to consider a flood zones.
Speaker 2 (20:58):
I'm assumed that's exactly right. So you know, what's the
extra cost you're looking at there? I mean, you know,
if you look not of course the locations on the beach,
the homes are gonna be worth more, right, But there's
also a reason for that. They cost a lot more
to build. It wasn't just the location of that lot.
So you're definitely gonna want to want to do some
(21:18):
some homework there and we can point you in the
right direction.
Speaker 4 (21:21):
Awesome, Okay, so what about uh, let's switch to homes.
What have we got? What have we got if somebody
is looking to buy a house, what do we have
to do.
Speaker 2 (21:30):
We've got a few.
Speaker 3 (21:30):
We have a few.
Speaker 2 (21:31):
We've got a few. Let's talk about coming soon.
Speaker 3 (21:33):
Okay, all right.
Speaker 2 (21:34):
I've got two four three four eight Nicobar Lane. This
is in Pontagorda, UH. Introduced to the market at four
hundred thousand. It's a four bedroom, three bath, twenty twenty
seven square feet open floor plan fully landscape, tons of
fruit trees. You're into that if you're the outdoors person
that loves that, as well as an oversized lot. Also
(21:58):
six nine two five Bernadine. Now this is going to
be listed sixty five thousand. It's a two bedroom, two
bath one thousand and eighty eight square feet. This one's
going to need some work, so definitely, I know investors
are going to be looking at this one, and also
inline users that want to put some sweat equity in
and have a place to move into their own bank.
Speaker 4 (22:22):
Okay, well, and I know we were just talking about lots.
We actually have quite a few lots for sale, we do.
So Yeah, we've got a really nice one fourteen seventy
two Oriel Court in Punta Gorda. This is in Deep Creek.
It's an oversized lot on a cul de sac.
Speaker 3 (22:39):
So right there. A great area is a great area.
Speaker 4 (22:42):
Yes, you know, it's close to schools, it's close to shopping,
it's close to the interstate. It's a family typically a
family community. Yes, you'll have kids in the neighborhood. You
have you know, people of all ages.
Speaker 2 (22:53):
People walking their dogs, and it's nice.
Speaker 4 (22:56):
But I think the great point is it's oversized lot
on a cul de sac, so you've got probably a
lot of space for a really nice patio, a big pool.
And that's when we listed for forty five thousand.
Speaker 3 (23:09):
Yeah, good deal.
Speaker 2 (23:10):
Well in the cale de sac, what uh you know,
LUs traffic, you're controlling much.
Speaker 3 (23:14):
Yeah, exactly, You're not a through street, so to speak.
Speaker 4 (23:16):
So that's cool. So there's another one. Here's in Inglewood. Now,
this is in a fifty five plus community. Holiday Mobile Estates.
This is a twenty eight oh one wax wing lane
in Inglewood for sixty five thousand. What's the advantage of
buying in a fifty five plus community.
Speaker 2 (23:37):
Well, the advantage is if you want to surround yourself
with people in the you know, live in a similar lifestyle,
you know. I mean I have had some that are like, look,
you know, I've raised my kids, you know, you know,
you know, we want that social feel. We don't want
a lot of kiddos on their bikes and you know
they like that.
Speaker 3 (23:57):
Okay, awesome. Do you want to take one?
Speaker 2 (24:01):
Yep, one two three one zero Parene Avenue. This is
in Port Charlotte, oversized corner lot. Again, no hiy fees, No,
flood insurance required in this area per the zoning, and
oversized cornered a lot for twenty thousand dollars.
Speaker 3 (24:17):
Okay, once again to bigger footprint.
Speaker 2 (24:20):
That's exactly right. All right, We've got a couple more
talk about. We're over on our time. We're going to
take a break. We'll come back. Plus, we've got new
homes to the market as well as open houses, so
stick around. We'll see you on the other side.
Speaker 8 (24:31):
Has your home been on the market for a while
and no success getting it sold? Expired listings? Although frustrating,
don't have to be the end of the journey. Matthew
Pattison has proven marketing strategies to get your home seen
by the most qualified buyers and get you top dollar.
Franchi's Inductor recently worked with Jennifer and the Pattison Group
to buy their home Part Charlotte and so that if
(24:51):
their initial meeting to closing day. She showcased professionalism and
made the entire process seamless, handling all the details including paperwork,
inspections and more. Now, if you're looking for a dedicated,
professional and knowledgeable real estate agent, contact the experts of
the Patterson Group. Listen Chuck Britten, call my friend Matthew
Patterson of the Pattison Group in Keller Williams Peace River Partners.
(25:13):
There'sten a quick and easy way to find out what
your home is worth in today's market. Just go to
Matthew Patterson dot com. Then's start packing because you will
be moving your.
Speaker 7 (25:21):
Home sales don and you call Matthew Patterson.
Speaker 3 (25:25):
Go to Matthew Patterson do.
Speaker 4 (25:30):
We at the Patterson Group are proud to introduce our
newest partner, Elevated Title Services LLC, Florida's fresh, reliable choice
for all your closing needs. Women Owned and operated by
a veteran Diane, Elevated Title brings strong values, clear communication,
and solutions driven approach to every transaction. They serve the
(25:51):
entire state of Florida and even offer special discounts for
fellow veterans. Don't miss a moment in a sunshine We'll
bring the closing to you. Visit Elevated Title Services dot
com to learn more and start your closing today. Elevated
Title Services Closing with confidence.
Speaker 1 (26:07):
The local organization CARE, the Center for Abuse and Rape Emergencies,
needs your help. CARE provides twenty four hour hotline services
twenty four hour rape crisis, hospital response and victim advocacy.
This organization has helped thousands of people providing shelter support
and counseling. Donate or volunteer today call nine four one
(26:29):
six nine five four nine nine or donate items at
their reuse store, Kenilworth Boulevard, Port Charlotte.
Speaker 4 (26:37):
When the Patterson Group needs painting done right, we turn
to our trusted partner, five Star Painting of Hunta Gorda.
They're professional, reliable, and consistently delivered top notch work. They
show up on time, stay on budget, and leave every
job site spotless. Whether it's preparing a home to list
or refreshing the space for new owners, we know five
Star will get it done, clean, efficiently, and with care.
(27:01):
Visit five Star Painting dot com to schedule your free estimate.
Five Star Painting and the Patterson Group your go to
for getting things done right.
Speaker 9 (27:10):
Since nineteen eighty nine, Trees for the Future has planted
over one hundred and fifty five million trees around the
world through the support of individuals like you. Together, we
train farmers to plant and manage forest gardens that sustainably
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(27:30):
and deforestation. Find out more by visiting trees dot org,
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Speaker 7 (27:41):
Your home sale is done when you call Matthew Plotters.
Go to Matthewpotters dot com.
Speaker 2 (27:50):
All right, welcome back to real Estate Exposed. I hope
everyone is having a great day. We're having a great day.
We're talking about reales, which I love to talk about
real estate, and we were just talking about some of
our lots. I've got two more of them to go
over with you. One two one three seven Regular Drive,
(28:10):
Paona Gorda. This is introduced to the market at thirteen thousand,
five hundred. It is a lakefront lot located in tropical
golf acres. Again, no hoafees, no deed restrictions. Lastly, I've
got one two four eighty seven Patsy Avenue. This is
import Charlotte standard sized lot, no HOA fees, which I
(28:31):
know is really important to a lot of people right now.
Introduced at seventeen thousand. Very affordable dirt, and I always
say by dirt, I would talk about the last.
Speaker 3 (28:41):
One, but guess what, it just went under contracts under contract. Yep,
all right, so so let's see.
Speaker 4 (28:49):
Do we want to talk about our open houses this weekend?
Speaker 2 (28:52):
Sure, go ahead and talk about it.
Speaker 3 (28:53):
We've got several.
Speaker 4 (28:54):
So if you are in the market and you want
to just kind of see what's around and what's available
to have your friends, come down and be your neighbors.
Two three four eight eight Almond Avenue. This is in
Port Charlotte. You can find Rob there this Saturday from
eleven to one. This home has three bedrooms, two bath.
It is eighteen hundred square foot with a screened and pool.
(29:16):
Recently had a price improvement and it is now listed
for three hundred and sixty nine thousand.
Speaker 2 (29:22):
You know, speaking a Rob. Yes, we went fishing last.
Speaker 3 (29:27):
Week and you didn't invite the girls.
Speaker 2 (29:29):
We did not. This was no, what a great trip
this bata together. So we go offshore, about about eighty
mile offshore, fishing for some American reds. So if anybody's listening,
you're not aware, American red season is in. What a
great day. And you know, on the way out, we're
(29:49):
sitting there talking and we're like, man, we really do
live in paradise. Oh yeah, we live where you know. Yeah,
I know, but when you've been here either grown up here.
I've been here almost twenty years. You know, you're working,
you're busy, and you have to stop and look and
you're like.
Speaker 3 (30:09):
Wow, yeah, you got to go out and kind of
experience it.
Speaker 2 (30:12):
Yeah, So I mean you're not just you know, personal
home or dirt to put the home on your personal lifestyle.
Speaker 7 (30:20):
Yep.
Speaker 2 (30:20):
And what a beautiful place to live. So all right,
that's all I've got on that. Okay. Are four two
three four six waterfront Way, Babcock Ranch hosted by Nick Sartel.
Come out and see him on Saturday eleven to one.
This home is introduced to the market eight hundred thousand uh.
It is a three bedroom, four bath twenty six hundred
(30:41):
and sixty three square feet. So I think that is
a fantastic.
Speaker 3 (30:46):
Yeah, it's good size sized home.
Speaker 2 (30:49):
You know, with kiddos, family visiting, screening, pool, bonus room,
hurricane shutters. Come out and take a look and he
would be happy to give you a tour that house.
I'm going to talk about this next.
Speaker 3 (31:01):
Yeah, I know, this is one of our favorites.
Speaker 2 (31:04):
Nineteen thirty two Loss almost drive. I'm going to tell
you right now, I'm predicting. I'm going to have a
lot of people saying I've been watching.
Speaker 3 (31:12):
That Yeah I wanted that house.
Speaker 2 (31:15):
And I'm telling you this house is going to go
under the under contract. I think it's good. I think
it's very well. This week nineteen thirty two loss almost
dry upon a Gorda come out see Mike Saturday eleven
to one. It is listed just over a million dollars
and it is three bedroom, two baths, twenty three eighty
(31:39):
nine square feet twenty seventeen home. I know all this
from memory, yep. I sold it to the original owners,
the ones that i'm selling it for now.
Speaker 3 (31:49):
Everything is spottle, It's impeccable.
Speaker 2 (31:51):
Impeccable. If you want to be on that boat saying
what paradise we live in? The boat can actually be
perch as well. Also, the home can be purchased furnished.
Speaker 3 (32:03):
Yeah, so, which is spectacular.
Speaker 2 (32:06):
This how I'm in love with this house. It is
a fantastic home. Because of the slowdown on the market,
that's the only reason why we're seeing it still available,
and it's at the price that's at at just over
a million you're gonna miss out. If you know you need,
you need to get to that open house. I'll talk
about the next one as well. I want to see
(32:27):
this style thirty three twenty two Sandpiper Drive and Ponta
Gorda come out see less on Saturday eleven to one.
Actually those are very close together, so you might as
well catch both of those. This one's introduced to the
market at seven hundred and ninety thousand, three three bout
twenty three fifty square feet, gorgeous waterfront, great layout, great layout,
(32:53):
brick paver driveway, brick paver pool, just like lost Holomos,
a fantastic home and again a seven hundred and ninety thousand,
and I predict that one will be under contract so.
Speaker 3 (33:05):
As well well.
Speaker 4 (33:06):
And I think both of these homes give you that,
like you said, that Florida lifestyle. And if you're if
you're somebody who's the million dollar is not in your budget,
you still if you if you can get into this,
you know, seven hundred and nineties for this home on Sandpiper,
I mean you are still living the dream.
Speaker 2 (33:24):
It is, it is right and they are going to
be sold.
Speaker 4 (33:28):
And if you're not in, if you've not a land lover,
or if you're not a water lever and you like
the land. We've got a great house on two two
eight one Tolbert Street and Port Charlotte. You're going to
see Nick ret there Saturday from eleven to one. This
one is a three bedroom, two bath listed for two
hundred and sixty thousand. It's got a fenced backyard for
your fur babies and your two legged babies, and it's
(33:51):
just a great location. So hopefully come out and see
Nick at that property. Okay, all right, So okay, so
here's a question for you. I know we keep talking
about this as obviously we do talking about what sellers
can do obviously to get your home ready, and it's
like sometimes you're like, oh my gosh, you know this
seems so overwhelming.
Speaker 3 (34:12):
What what do we decide to fix? What do we
decide to replace?
Speaker 4 (34:17):
What can be remybe refinished or refurbished. You don't have
to go out and like replace a roof or do
all these extreme things. There's simple things we can do
to get our home ready. Don't you agree?
Speaker 2 (34:29):
I do agree. Let's take a step back, okay, before
we get into what to fix and do?
Speaker 10 (34:37):
How about clean yeah, that's a huge thing. Declutter, Yes,
the clutter is huge. I you know, I hear all
the time, you know, oh oh, you know we were
told to take down all of our personal photos. I'm
going to be real honest to me, that's old school
real estate. As far as all the personal photos, I
have had many buyers with me that can go, oh oh,
(34:58):
what a happy family, what a beautiful family. It's not
a matter of personal photos. They can still see themselves
in that home. It's the difference is when you have
forty five personal photos in frames taking up all the
counter space. That's the difference. So declutter.
Speaker 2 (35:17):
Is a big one. Clean is huge. It's not expensive
to clean.
Speaker 4 (35:23):
Well, I mean you think about your home and your
your base boards, your door frames, those things where.
Speaker 2 (35:28):
I'm going, Yeah, I mean we you know, we all
clean our house, said the deep clean. You know why?
You know, clean the doors because people, if you've got
beautiful cabinet, they're gonna want to open that. The blinds,
the windows, not just the front door, not just the slider,
but clean all the windows, the blind the fans.
Speaker 3 (35:50):
The slider tracks.
Speaker 2 (35:52):
Now here's one of my biggest is the change out
the air filters. Yes, as well as cleaning the grates
and your return air grade.
Speaker 3 (36:02):
Yes.
Speaker 2 (36:03):
You know a lot of times it's ten foot, twelve foot,
fourteen foot in the air and we don't think about it.
I'm going to tell you that means a lot because
when they look at that, they think, oh, have they
maintained the system. You may maintain, maintain it perfect, right,
but that that definitely, that first impression can make you nervous.
(36:23):
So definitely clean and then last but not least, smell.
Speaker 3 (36:29):
Oh smells huge.
Speaker 2 (36:30):
I have to smell good. I have walked buyers in
a door before, and if it's a home that's been smoking,
they smell that smoke that they instantly will turn around
and say, le's go. So if someone has smoked in
the home, you know, we've got people that can professionally
come in do what they need to do, whether it's
clean the ducks, clean aces, uh, clean the flooring material whatever.
(36:51):
Obviously stop smoking.
Speaker 4 (36:53):
In these say maybe obviously, while your home is in
the market, step outside and smoke out and.
Speaker 2 (36:57):
Don't leave the door open.
Speaker 7 (36:59):
Yeah.
Speaker 2 (36:59):
A lot of people go, They're like, I've never smoked
in here, but you were smoking on the patio and
the door was open and it's blown through the house.
So that's sense of smell is huge.
Speaker 4 (37:09):
Agreed, Okay, And I think if we take that a
little step further. You know, people look at the outside
of their homes and you're thinking, oh my gosh, because
we're at that point where we need to paint our home.
But sometimes for the seller who's going to list it,
maybe just a really good pressure washing would make that
home random.
Speaker 2 (37:29):
Yeah, especially in Florida, that's just part of living here.
You're gonna end up power washing a couple of times
a year, especially if you have.
Speaker 3 (37:35):
The driveway, yes, and the entry the door.
Speaker 2 (37:39):
When we walk up to show that property, you're standing
at the front door having a conversation and they're looking
up down all around. If you've got cobwebs and those lizards,
you know, leave stuff everywhere, you want to clean all
that up that you get one first impression there and
then freshening up the landscaping, trimming it, cutting the grass, mulching,
(38:00):
pulling weeds. It's all that curve appeal. You get one
first impression.
Speaker 4 (38:05):
And we're not talking thousands of dollars, you know, a
quick trip to home depot, some weed killer and some
fresh mult and you're good to go.
Speaker 2 (38:13):
Exactly exactly, and MAM's just still under four dollars a bag,
thank you.
Speaker 8 (38:18):
Saying.
Speaker 2 (38:21):
All right, So we're gonna get in what to fix,
what not to fix. When we come back, we're again
racing this clock today, so stick around and we will
see you on the other side of the break.
Speaker 8 (38:30):
So you've been thinking about buying a home, but interest
rates are keeping you on the fence. The Pattison Group
has several options can help buyers find their dream home.
It's important to work with a real estate agent that
will be with you every step of the way, and
that's what happened with Christina when she worked with Rob
at the Pattison Group and her five star Google review,
Christina said Rob was fantastic to work with and went
(38:51):
above and beyond to find her a great home in
Punta Gorda. She was very grateful for all of his
guidance and highly recommends a Patistan Group to anyone thinking
about buying or so listen Chuck Britton to work with
the best in Southwest Florida. Call my friend Matthew Patterson
of the Pattison Group. Be caller Williams Piece for her partners.
You can find out but your home is worth in
the current real estate market in a matter of seconds
(39:12):
by a true real estate expert. Just go to Matthew
Patterson dot com. Then start packing because you will be
moving your.
Speaker 7 (39:18):
Home sale is done, and you call Matthew Patterson go
to Matthew Patterson.
Speaker 4 (39:24):
Dot When the Patterson Group needs painting done right, we
turn to our trusted partner, five Star Painting of Punta Gorda.
They're professional, reliable, and consistently deliver top notch work. They
show up on time, stay on budget, and leave every
job site spotless. Whether it's preparing a home to list
or refreshing a space for new owners, we know five
(39:46):
Star will get it done, clean, efficiently, and with care.
Visit five Star Painting dot com to schedule your free estimate.
Five Star Painting and the Patterson Group your go to
for getting things done right.
Speaker 1 (39:58):
The local organization CARE, the Center for Abuse and Rape Emergencies,
needs your help. CARE provides twenty four hour hotline services,
twenty four hour rape crisis hospital response, and victim advocacy.
This organization has helped thousands of people providing shelter support
and counseling donate or volunteer today call nine four one
(40:20):
six nine five four nine nine or donate items at
their reuse store Kennilworth Boulevard, Port Charlotte.
Speaker 4 (40:29):
We at the Patterson Group are proud to introduce our
newest partner, Elevated Title Services LLC, Florida's fresh, reliable choice
for all your closing needs. Women Owned and operated by
a veteran, Diane, Elevated Title brings strong values, clear communication,
and solutions driven approach to every transaction. They serve the
(40:49):
entire state of Florida and even offer special discounts for
fellow veterans. Don't miss a moment in a sunshine We'll
bring the closing to you. Visit Elevated Titleservices dot com
to learn more and start your closing today. Elevated Tidle
Services Closing with confidence.
Speaker 11 (41:06):
Did you know that more than eighty percent of lightning
fatalities are men? In recent years, hundreds of unlucky men
died from lightning strikes because they did not seek shelter
from an approaching storm, but instead capped on fishing, boating, golfing, biking,
working outdoors. They paid the ultimate price needlessly and left
(41:27):
their families behind to face a life of loss and sorrow.
You don't ride a motorcycle without a helmet. You don't
go boating without a life jacket. Lightning safety is no different.
Be prepared by recognizing danger and knowing what to do
and what not to do. If you can hear thunder,
even a distant rumble, lightning is close enough to strike you.
Rubber soled shoes offer no protection. Neither do rain shelters
(41:51):
or tents. Immediately seek shelter in a substantial building or
a metal topped vehicle. To learn more about how you
can protect yourself and your family from life, visit Lightning
Safety dot noa dot com. This message brought to you
by the National Weather Service.
Speaker 7 (42:06):
Your home sale is done when you call Matthew Patterson.
Go to Matthew Patterson dot com.
Speaker 2 (42:14):
Bad the final Oh you cut my favorite song up?
Speaker 8 (42:19):
Bye?
Speaker 2 (42:20):
All right, so as you just heard, go to Matthew
Patterson dot com or you can give us a call.
It nine four one six one eighty six hundred nine
four one six one eighty six hundred for all of
your real estate needs. Be happy to answer any questions.
Go more in depth with what we covered today and
(42:40):
to go along with this the rest of your question, Uh,
what's worth fixing and or how do you decide what's
worth fixing fixing and what buyers will overlook? Yeah, I
mean there's there's a lot of things that are common,
but there's also every home is different. Honestly, I would
(43:01):
seek counsel. I would, you know, let me walk through
the home.
Speaker 4 (43:04):
Well, I think sellers, if they've lived in a home
for fifteen twenty years, I think they kind of become
blind too.
Speaker 2 (43:11):
Well, it's our home, It's it's what we're used to.
We're not out touring homes every day and working with
buyers every day. If we're just a homeowner living in it,
that we do not realize what you know, what people
are looking for. So on that really give us a call,
you know, we'd be happy to myself or one of
one of the other team members come through the home
(43:32):
and be able to tell you that there's you know,
it just depends on really everything and tying it together.
Speaker 3 (43:40):
Yeah, it's going to say make sure the age of things.
Speaker 1 (43:42):
And what you do.
Speaker 2 (43:43):
So what we're always for is you know, and I
talk a lot about it in the point is return
on investment? What is the ROI if you know, and
where does that play in the timeframe of getting it sold?
So those things really are a factor.
Speaker 3 (43:57):
So that's why it's not just a not just redo
your kitchen and you'll be fine.
Speaker 2 (44:02):
Yeah, no, No, what else you got?
Speaker 5 (44:05):
Well?
Speaker 4 (44:05):
Okay, so what about your roof because you know a
lot of us here in the area all have new
roofs thanks to the hurricanes.
Speaker 3 (44:13):
Room, Yeah, a lot of us do have new roofs.
Speaker 4 (44:16):
But for those who weren't impacted, maybe there's a couple,
maybe there's a leak here and there, you know, something
over the garage or something. Should you invest in a
whole new roof if you're going to put your home
on the market or just consider repairing it?
Speaker 2 (44:30):
Okay. If there's a leak, you need to call and get.
Speaker 3 (44:33):
The leaf fixed. Okay, So don't market it as a
water feature.
Speaker 2 (44:37):
No, okay, unless it's just flowing into the pool, and
then it could be both.
Speaker 11 (44:42):
Maybe there you go.
Speaker 2 (44:44):
But if you have a leak, that's definitely something you
want to get addressed. And as always, disclosed, disclosed, disclosed,
that's going to again it's going to depend on on
the condition. What I would say you might think I
would say, oh, go ahead and replace it. If it is.
Let's say we've got a roof that's just age and
(45:05):
insurance companies we know that, yes, you're in it. They
haven't sent you a letter yet saying that, hey, we're
not going to show you pass this year. I personally
if it's in good shape, but it's just the age
of it, the insurance doesn't like it. I would go
ahead and market the home and negotiate that out during
the deal. During the negotiation, you know.
Speaker 3 (45:26):
At some point the insurance company is going to.
Speaker 2 (45:29):
Well, we're not yeah, we're not high now. I mean
in the buyers. We're telling buyers and hey, just understand,
this house has a roof. That's you've got twelve or
thirteen years old. They're you know, we're gonna have trouble
getting insurance. We're gonna need this.
Speaker 3 (45:42):
Yeah.
Speaker 2 (45:42):
What I'm saying as listing the home, though, the buyer
is going to benefit from that for the next you know,
twelve years, fifteen years. So let's wait and negotiate that
because a lot of times they will contribute to that,
or it will change the purchase price which they are
contributing to it. And you're not taking the burden of
that that full expense, so that we can still put
(46:04):
the dish.
Speaker 3 (46:04):
Oh, you can negotiate anything there, you go, okay, but.
Speaker 2 (46:08):
Yes, I mean, let's negotiate that out and you know,
when we're negotiating the price of the home, and you
can yield a lot more money.
Speaker 3 (46:19):
Okay. So here's another here's a girl question. I'll call
it a girl question.
Speaker 4 (46:24):
How much weight is it when you walk into a
kitchen and there's like mismashed appliances, Like you've got a
really nice stainless steel refrigerator, but you've got an older,
you know.
Speaker 3 (46:34):
White white.
Speaker 4 (46:35):
Okay, that's a problem, even a white stove, but a
brand new dishwasher.
Speaker 2 (46:39):
But they're all working.
Speaker 3 (46:40):
They're all working, they just don't match.
Speaker 2 (46:43):
There's a couple of ways to go if they're all
If I walk in and three of the four points,
let's say, are you know, because you've got maybe a
wine cooler, this and that and the fridge, the stove,
the microwa dishwasher, and they're you know, they're just a
few years old. But you've got one that's definitely you know,
(47:04):
the microwave in the stove seems to be the last ones,
I would suggest go ahead and change them to something
some you know, as similar as we can to to
what you have. If they are all mixed matched, and
somebody's gonna get a whole package, I mean, the reality is,
you know, we could market that, we can give an
allowance or better yet, let's leave it up to negotiation.
Speaker 3 (47:26):
See if it comes up.
Speaker 2 (47:27):
Well, it's gonna come up. But the point is, let's
let's keep that as a negotiation point and we can
go into that much deeper when we meet. So again,
not a one size fits all answer.
Speaker 3 (47:41):
Yeah.
Speaker 2 (47:41):
Uh, you know, if we've got problems with appliances, well
then you gotta look at Okay, I'm gonna change that.
If the other ones are eight, nine, ten years old,
I would say, let's do a whole package. Let's change
it before the buyers come in.
Speaker 3 (47:55):
Okay. Carpet carpet, Yeah, carpet.
Speaker 2 (48:00):
People are not a big fan here. So again depends
on how much carpet. If we're talking about you've just
got the you know, the tile walkways through the house,
you know in the wet areas, mean, the kitchen, the
laundry that are tile. But it's a dated tile and
you've got carpet and everything else. Majority of your buyers
are going to end up putting all new floors, They're
(48:21):
going to take it all out. So do you want
to gain on that or do you you know a
lot of time sellers say, look, i'd have to move everything.
I don't want to mess with that, So we negotiate
that out as well. You know, if every if it
also depends when I look at the home on what
is a condition of the cabinets, the counters, if they're
(48:41):
ready for an update as well, then that can decide
on that decision.
Speaker 5 (48:45):
Well.
Speaker 4 (48:45):
And sometimes you can refinish your cabinet doors and not
have to go replace all your cabinets.
Speaker 2 (48:51):
That's exactly right. Yeah, they can reface them, wrap the boxes.
So definitely. I mean, I love this conversation because obviously
I've fixed up a lot of homes over time. I'd
love to help people gain you know, and and get
a bigger yield on the on the investment themselves. But
there's a good time to do it and when not
(49:12):
to do it. If I have a home that just
has a one room or two that's stained the carpet stain,
then I say we change it.
Speaker 4 (49:18):
Yeah, so I guess the question and obviously we've answered
it here about negotiation is some buyers might walk away
from a home if there's too many like cosmetic repairs,
like oh god, I don't want to do that, I
don't want to read carpet, I don't want to recabinet,
I don't want to buy appliances. But sellers an opportunity,
and buyers actually have an opportunity ask the sellers, hey,
(49:41):
can we meet in the middle on this or.
Speaker 2 (49:42):
Well, that's exactly right. And also that's that's what's powerful about.
You know, we're falling up with that feedback. We're getting
that feedback and seeing if they're if there's something we
can negotiate here, yeah, if there's something we can work
out here, okay, And and most of you know, most
time there is if someone really and say at home,
it's a matter of being solution based and what what's
(50:03):
it take for this to be a win win?
Speaker 4 (50:05):
So I guess the moral of today's show is don't
be afraid to ask to negotiate.
Speaker 3 (50:10):
It's always know if you don't ask, Yeah, don't.
Speaker 4 (50:12):
Walk away from something just because you know you think
it's it's maybe too difficult or too hard to do.
Speaker 3 (50:17):
We have solutions to most of your problems.
Speaker 2 (50:19):
We do, including the ones that say I was just
some one the other night. Well, I'm sitting on a
three point one interest rate, Matt. But now you know
we're ready to sell, but now we're going to go
buy and have to pay six something. I said, No,
you don't right, you can talk. That's exactly right. We
can buy down that interest rate. We can ask that
seller to buy down the interest right. So there is
always a solution.
Speaker 3 (50:39):
So yeah, so don't don't be so quick to walk away.
Speaker 2 (50:42):
Just don't ask me to move the house. Instead, we'll
just go find another one. Uh, all right, do we
have time for another one or no? Oh I'm down
to one minute. Well, I'll tell you what. We've got
a lot of stuff to go over in the future.
If there's something that you've heard on here that you
want to know more about, definitely reach out to us.
If there's something that you'd like to know that we
(51:04):
haven't covered, reach out to us. We would love those suggestions.
We always want to bring value and we so appreciate
you and appreciate you. Listen. We will look forward to
a great show next week.
Speaker 3 (51:17):
Yeah, and.
Speaker 2 (51:19):
Have a fantastic week.
Speaker 3 (51:21):
Happy Wednesday, Happy Wednesday,
Good morning, and welcome to your Wednesday. Today is June eighteenth.
It's eleven oh eight and thank you for tuning in
to WCCF News Radio. Time now for real Estate Exposed
here on NewsRadio WCCF, a fast paced looked into the
world of real estate. So, whether you're buying or selling,
(00:34):
chances are you might have a question or two about
something you heard on the show today. So keep that
question handy and we will address it. If you go
to Matthew Patterson dot com, chances are you will find
an answer, and you'll also find contact information on there
as well. So once again, that's Matthewpatterson dot com. Without
(00:55):
further ado, let's go to the program, ladies and gentlemen.
Speaker 2 (00:59):
Matthew Patterson, all right, good morning. How are we doing, Shannon?
Speaker 3 (01:03):
We're doing good. How are you?
Speaker 2 (01:04):
I'm doing great?
Speaker 3 (01:06):
You you?
Speaker 4 (01:07):
I feel like you're seeing things a little clearer today.
Speaker 3 (01:10):
Why would that be?
Speaker 2 (01:11):
You feel like you're looking at things different?
Speaker 3 (01:13):
Yeah? Well, what the what's this? The slogan? If you
the way you? How is it the way you look
at things?
Speaker 2 (01:20):
I don't know's yougan?
Speaker 3 (01:22):
What do you got a poster?
Speaker 2 (01:24):
Here's what smarty pants is trying to get at as
I'm wearing real.
Speaker 3 (01:28):
Oh, I know what it is.
Speaker 4 (01:29):
Change the way you look at things, and the things
you look at will change.
Speaker 3 (01:34):
Right there you go, So now you can actually.
Speaker 2 (01:35):
Read, I can actually see my my charts. I love it.
Uh So how am I I'm good? I'm good?
Speaker 3 (01:44):
Uh someday, middle of the month.
Speaker 2 (01:46):
Oday. And you know we like to be busy around,
Yes we do. Yeah, and it's you know, when it's
slow or the market's slow, it's just odd for us.
Speaker 3 (02:00):
It is.
Speaker 2 (02:00):
It's it's we stay busy. But yeah, it things to.
Speaker 3 (02:03):
Be busy, but we're not.
Speaker 2 (02:04):
It's not the same that that intensity that and it's
been busier, so I love it. I love it. With that,
we're going to talk about some numbers, anything you've noticed recently.
Speaker 4 (02:16):
You know, just a word on the street is I
feel like maybe our inventory so well, yeah, that's the
street for me. That's the only street I hang out on.
I'm a domesticated cat.
Speaker 3 (02:28):
Now it is. I think the numbers are getting better.
Speaker 2 (02:31):
They are getting better, and that is what I want
to draw a little attention to in the And I
say little because no, we are not at a balance
market yet. But one big indicator to me is seeing
every single price point, whether it be if I'm just
looking at pgim versorials or if I'm looking at our
(02:53):
entire border realers as a whole, every single price point. Uh,
the inventory has went down from the previous month.
Speaker 4 (03:01):
Now, that's inventory is going down. That doesn't necessarily mean
prices are going down. Or are they one in the same.
Speaker 2 (03:07):
Mmm, No, they're not one in the same. They different,
That's right, they can be very different. Although since you
alluded to that, let's talk about that, because I was
talking about this in a listing point me yesterday. You know,
the big question is the marketing to drop more? Is
are gonna drop more? Is it gonna drop more? We
had said a couple of months ago, and I really
believe that. I mean, I don't have a crystal ball. Obviously,
(03:29):
anything can happen.
Speaker 3 (03:30):
National Glasses. You don't see that in the right direction.
Speaker 2 (03:34):
I will tell you, sorry so, but but what I
will tell you on on we you know, we were
looking at a couple months ago and I said, I
really it's going to feel like to the consumers that
the prices are still going going down because of seeing
these homes close a lot less than they are being
(03:58):
marketed at.
Speaker 5 (03:59):
Right.
Speaker 2 (03:59):
The reality is, though, is that means that they were
being marketed too high, and that's why we're seeing one
hundred and fifty two hundred days on market. They weren't
adjusting quick enough with the market. So now that those
have closed, I my feel is that we are we've
already hit that and we're seeing that baseline and I'm
seeing it in activity as well people, which tells me
(04:21):
the consumers feel the same, and you know, they're purchasing more.
They're they're looking at more houses. We're seeing more offers,
which I'm sure others are so.
Speaker 4 (04:32):
You know, Well, So that report that we look at
and kind of live and die by, what does it
tell you about home prices? Once once the sellers listen
to their agents and get that home priced, where the
buyers are ready to engage, what is the home selling
for once it's priced correctly. I'm not talking about the
(04:55):
pretend I want to get another eighty thousand dollars from
my house because I put a you know, a brand
new to coaster in and I painted the walls and
now it's worth this.
Speaker 3 (05:02):
No, what's the real price? What's there?
Speaker 2 (05:04):
Are you asking me, what percentage of list prices at
the price? Yes, well, let me put my glasses on
as I looked down my list here, so you're gonna
see some of these price points. Uh, let's talk about
May ninety ninety six percent, ninety six, ninety six, eighty five,
ninety five. I go to the previous month ninety one percent,
(05:25):
ninety two, ninety two ninety six in the previous very
similar ninety five ninety six. Is what I'm feeling and
seeing in art listings is if their price appropriately, we're
seeing some ninety seven ninety eight.
Speaker 3 (05:39):
Yeah, there's not a lot of you don't have loss
to the seller.
Speaker 2 (05:43):
Well, that's right, and you know many which I completely
get it. Again, my father I grew up as you know,
my father was an auctioneer. It was all about the
art of negotiation and he always wanted a deal. So
and they feel like, hey, I've got inflate the number
because someone's gonna want money off. Not if it's priced appropriate.
Speaker 3 (06:04):
Right, people will see the value and go okay, fine,
I'll take it better.
Speaker 2 (06:07):
Yet people not only see it, more people will see
it true, and you'll have more interest. And what does
that mean? The more people we have interested in in
the same product at the same time, the more money
it's worth, right, do I need to take us back
to the toilet paper that was selling for But you
know it's it is the truth, the more people interest
in that. So I'll give you an example. We have
(06:28):
a home on the market right now that that has
been on I believe a week tomorrow and already getting interest,
already getting offers. This home was on the market for
six months previously, right, yeah, and it was overpriced. We really,
you know, we readjusted where it belonged on the market. Obviously,
we did do some other things. We you know, we
brought our uh we suggested, as we always do, Hey,
(06:51):
this needs to be done. This needs to be done.
Didn't spend a lot of money, but it was important.
Are you okay saying blessed? Bless you say? We are
human here, this is a normal radio show. So by
doing so a combination of both, one, we showed the
(07:11):
value better and then also made the adjustment. We're already
getting action on it and we're getting Actually I can't
talk about what the offers are, but they are. It's
not very good.
Speaker 3 (07:25):
They are very good offers.
Speaker 2 (07:26):
So does that answer the question question. Yeah, I know,
I know what you will see is also you know,
if you already worked with you've seen my reports. If not,
you can definitely reach out to me online or you
(07:46):
can give us a call and uh and we'll make
sure to get these two you as well. You're gonna
you know, you'll see last month and uh, you know
in the higher priced less homes one under contract or
closed that month than the previous two months. That was
just a time. That was a time.
Speaker 4 (08:07):
It could be as simple as the one or two
homes that changes that number two.
Speaker 2 (08:10):
That's exactly right.
Speaker 3 (08:11):
This is such a small group of homes.
Speaker 4 (08:13):
One home selling or one home yeah, taken off the
market really affects those numbers.
Speaker 2 (08:18):
Let's put that in exactly what you were saying. So
one point two five million and a seven home sold
in April, only five sold in May. Right, Okay, I
go to my million million to one point twenty five
eight sold in April are closed, if you will two
closed in May. Now, I'm going to tell you you're
(08:39):
going to see a change in that because I know
the listing's out there. We're in that inventory all the
time as well, and we're we're getting a lot more
action and offers on them, that you're going to see
that number go up these next two months.
Speaker 4 (08:51):
I was going to say, at least for the Patterson Group,
those numbers are going to go up significantly in.
Speaker 3 (08:56):
Jin in July.
Speaker 2 (08:57):
YEP. Now, also as we look at these numbers, what's
the sweet spot right now? In are two fifty to
four obviously not in PGI and FAL, but to fifty
to four, you have two thousand, a little over two
thousand homes on the market, three hundred and fifty fifty
six sold that last month on average ninety seven percent.
That is the lowest inventory. You're at seven months. Well,
(09:20):
guess what the month before you is seven point six
seven a month for that eight months, we are getting
to that balance market on those and then of course
the FORUR to six hundred, a little over one thousand
homes on the market, one hundred and five sold, you're
at nine point eight again down from the previous So
(09:40):
you know, this is all trending in the in the
right direction, especially if you're a seller and you're wanting
to move your home. What I would say, also with
that lower inventory, seeing those numbers come down, if you've
been waiting for the time to put it on. You're there, right,
you're there, and you didn't want to put it on
and not be seeing action. If you're price appropriate, you're
(10:04):
gonna get the action. You're going to be pleased. If
you're a buyer, I would make a move.
Speaker 3 (10:09):
Well.
Speaker 4 (10:09):
I mean, how many times have we had buyers call
in recently and they've inquired about a home and we
get to tell them, oh, jeez, that's just went under contract.
I'm sorry, and like, oh, I've been watching.
Speaker 2 (10:18):
Well, okay, what do they say. I've been watching that.
Speaker 3 (10:20):
I watching, watched it leave your potential, you know.
Speaker 2 (10:25):
That's right. I was there two or three times. All right,
So we're we're running late on our break. Let's take
a break. We're gonna come right back. We're going to
talk about some weekly numbers, and then we're gonna get
in some great topics. So stick around. We'll see you
on the other side.
Speaker 6 (10:38):
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success at getting it sold. Expired listings, although frustrating, don't
have to be the end of the journey. Matthew Patterson
has proven marketing strategies to get your home scene by
the most qualified buyers and get you top dollar. Francisco
and Victor recently worked with Jennifer in the Patterson Group
to buy a home in Port Charlotte and said from
their initial meeting to the closing day, she showed ose professionalism, expertise,
(11:01):
and made the entire process seamless, handling all the details
including paperwork, inspections and more. If you're looking for a dedicated,
professional and knowledgeable real estate agent, be sure to contact
the experts at the Patterson Group.
Speaker 3 (11:13):
This is Todd Matthews.
Speaker 6 (11:14):
Call my friend Matthew Patterson of the Patterson Group at
Keller Williams Peace River Partners. There's a quick and easy
way to find out where your home is worth in
today's market too. Just go to Matthew Patterson dot com.
Then start packing cause you will be moving your home.
Speaker 7 (11:28):
Sale is done when you call Matthew Patterson. Go to
Matthew Patterson dot com.
Speaker 4 (11:36):
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(12:16):
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Speaker 1 (12:45):
The local organization CARE, the Center for Abuse and Rape Emergencies,
needs your help. CARE provides twenty four hour hotline services,
twenty four hour rape crisis hospital response, and victim advocacy.
This organization has helped thousands of people providing shelter support
and counseling. Donate or volunteer today call nine four one
(13:08):
six five four nine nine or donate items at their
reuse store, Kenilworth Boulevard, Port, Charlotte.
Speaker 5 (13:16):
If you're a veteran or no a veteran's struggling with
post traumatic stress or traumatic brain injury, please go to
Americanhumane dot org to learn about their Pubs for Patriots program,
which provides specially trained service dogs to veterans in need.
Let's help our veterans heal from the invisible ones of war.
Speaker 7 (13:31):
Your home sale is done when you call Matthew Parson.
Go to Matthew Parson dot com.
Speaker 2 (13:46):
Welcome back to real Estate Exposed. All right, Shannon, Yes, sir,
So we talked about monthly's talk about weekly, and then
we've got a lot of topics, got open houses, We've
got houses discuss. So let's to there's so much easier
to read now, let's stick to home sales in our
(14:07):
board in Charlotte County and Northport. One hundred and ninety
two new listings the past. Let's see June eight to
June fourteenth, So that week, one hundred and forty one
under contract and one hundred and sixteen closings. Okay, Cape Coral,
North Fort Myers again, three hundred and eighty new listings,
three hundred and three new contracts. So that is good
(14:28):
to see because contracts have been really down there, property
moving very slowly. Now we're starting to see much better
two hundred and twenty eight clothes.
Speaker 4 (14:37):
And I think kind of Lee County kind of picks
up a little quicker than we do. So when we
see the numbers in Lee County starting to grow, I
think that kind of flows, you know, up to our
area too.
Speaker 2 (14:47):
It does, and we have to keep I mean, they
you know, had so much devastation.
Speaker 3 (14:52):
There, they did from the hurricane. They did that.
Speaker 2 (14:54):
Yeah, you know they've they're still working on that.
Speaker 3 (14:58):
They're still working on it, right.
Speaker 2 (15:00):
Hey, So let's get into some of our topics. How
about it?
Speaker 3 (15:04):
Sure, what do we want to talk about?
Speaker 4 (15:05):
How about I know we've been talking a little bit
about investing and buying you know, different types of property.
So is buying land like I know we talked about, yeah,
by dirt.
Speaker 3 (15:18):
What's the difference.
Speaker 4 (15:18):
Between like residential land or like farm land or acreage?
Speaker 2 (15:24):
What's Well, there's a big difference in what you can do.
Speaker 4 (15:27):
With it, and I guess it affects like permitting and
zoning and stuff like that are involved.
Speaker 2 (15:32):
It does, and we're seeing a lot of changing you
know out King's Highway out seventeen Birch Store Road, a
lot of agriculture land, people getting it rezoned. It is
something that can be done. That's a real lengthy conversation
to have on here. But definitely you need to do
your due diligence. Okay, you need to make sure. Let's
(15:53):
go to the locks.
Speaker 4 (15:53):
I was gonna say, let's go, let's let's skip the
agricultural Let's go a lot.
Speaker 3 (15:58):
So okay, by a lot.
Speaker 4 (16:00):
What do I have to think about when I buy
that lot?
Speaker 2 (16:04):
Uh? Well, are you going to build on it?
Speaker 3 (16:07):
Maybe?
Speaker 2 (16:08):
Okay, if you have the plans for the house, I
will one. When you write the contract, I would, you're not.
This is not going to be a seven or ten
day And when I say due diligence period, that's what
it's called on on a vacant land contract versus an
inspection period. It's it's very similar. That's the time that
you're going to do your surveys. You're going to Uh.
(16:32):
The first thing I do is be meeting with a builder, okay,
or you know that that you're going to be using
once you have the survey and say, hey, will this
house fit on this right right? Because if not, then
what's going to take for it to fit? And you know,
when it comes to a point, you know, I've worked
with the draftsmen before that you're like, hey, that's not
(16:53):
the house I want this, Lias's just not it right.
So and if you have that ahead of time, that's
something that you want to let us know because we
can be searching for those size lots, that style of lot,
whether it's a key lot, a tip lot, of standard lot,
to you know, if there's something very specific. Which garages
is a big thing now.
Speaker 3 (17:12):
Oh yeah, I believe me. If I had a four
car garage, that would be awesome.
Speaker 2 (17:15):
Okay, four car garage would be great, but you still
want to have some type of great curve appeal in
the front yep. So there's the cast space for that.
You need space space and a great design. Now, a
lot of these builders, because three car garages were so
important and have been for some time, they changed a
lot of their plans over the really last five ten
(17:36):
years to where they've got some great plans that are
great home designs that will fit on a standard lot
and still give you three car garage.
Speaker 4 (17:44):
But don't you have to sacrifice like some depth, Like
you're gonna you're gonna eat up the lot. So if
you want to pool, you want to as far I
was going next car garages.
Speaker 2 (17:55):
You know, you know how disheartening it is to find
out that, you know, I've seen it happen on existing homes.
They buy a home and realize they were told you
can put a pool on it, but nobody discussed this
type of pool yeah, and got specific and all of
a sudden, all they can fit is a lap pool,
and they're like, well, I don't want that. I want
the big kidney shaped pool, or I want and I
(18:16):
want a sun deck, which hey, I don't blame you.
You know you should get what you want, but you've
got to make sure that it can fit. So so
definitely I would start I would be looking into that immediately.
I would suggest more like a thirty day due diligence
period as well as I'd be doing an environmental study.
(18:37):
And what that environmental study is is someone's going to
check that property to see, well, one we're going to
already check if it's in a scrub jay area zone, Turtles,
tortoise ambering out, all those can be very very costly.
You can be looking at it and I'm just throwing
(18:58):
a number here, but you'd want to you definitely want
to get you know, specific numbers. But let's say three
thousand dollars per animal, right, it can add it quickly.
If you're only buying a twenty thousand dollars a lot,
all of a sudden you're like, hey, wait, I could
have bought this one over here, so very very very important.
Speaker 4 (19:15):
Well, and I guess you've got to think about, you know,
if you're going to build a home on this lot,
what is your view going to be? Are you going
to have neighbors? Is there going to be a condo
development going up in the near future, what's kind of
what's your future building area is going to be?
Speaker 2 (19:30):
Too exactly? And again I'm a proponent of I'd be
driving by it in the morning, mill of the day
evening if I'm going to build a house there and
that's going to and that's going to be my homestead, right,
my primary residence. I want to know what the neighborhood's
like when everybody's home, you know what the traffic is, okay,
(19:51):
as you know as well as I've had some homes
in the past that they had built and said, you
know what, we don't the pool. Never go w on
a pool, So they built the house further back on
it right, and then resale came.
Speaker 3 (20:05):
About and then it's hard to sell that.
Speaker 2 (20:06):
It was very difficult because.
Speaker 3 (20:09):
You can't move the house forward.
Speaker 2 (20:10):
A lot smaller buying, you know, pool for the area
we were at, the type of home a lot of
people wanted to pool.
Speaker 4 (20:18):
Well, I mean obviously moving down to southwest Florida from
up north. You know, people up north don't typically have
pools in their backyard. And when you come to Florida,
you want that Florida lifestyle where you've got the pool
in the backyard. I want to wake up and open
up my bedroom door and jump in the pool. They say, okay,
well that's good information. Obviously, what coastal lots buying, you know,
(20:40):
buying something closer to water, whether it's the beach or
a canal or a waterway, I would imagine there's some
restrictions that you have to be aware.
Speaker 2 (20:48):
Of, not just restrictions. You're gonna have other building costs
that you normally would not have. For instance, that house
has to be an elevated house, you know, you know, well.
Speaker 3 (20:57):
You got to consider a flood zones.
Speaker 2 (20:58):
I'm assumed that's exactly right. So you know, what's the
extra cost you're looking at there? I mean, you know,
if you look not of course the locations on the beach,
the homes are gonna be worth more, right, But there's
also a reason for that. They cost a lot more
to build. It wasn't just the location of that lot.
So you're definitely gonna want to want to do some
(21:18):
some homework there and we can point you in the
right direction.
Speaker 4 (21:21):
Awesome, Okay, so what about uh, let's switch to homes.
What have we got? What have we got if somebody
is looking to buy a house, what do we have
to do.
Speaker 2 (21:30):
We've got a few.
Speaker 3 (21:30):
We have a few.
Speaker 2 (21:31):
We've got a few. Let's talk about coming soon.
Speaker 3 (21:33):
Okay, all right.
Speaker 2 (21:34):
I've got two four three four eight Nicobar Lane. This
is in Pontagorda, UH. Introduced to the market at four
hundred thousand. It's a four bedroom, three bath, twenty twenty
seven square feet open floor plan fully landscape, tons of
fruit trees. You're into that if you're the outdoors person
that loves that, as well as an oversized lot. Also
(21:58):
six nine two five Bernadine. Now this is going to
be listed sixty five thousand. It's a two bedroom, two
bath one thousand and eighty eight square feet. This one's
going to need some work, so definitely, I know investors
are going to be looking at this one, and also
inline users that want to put some sweat equity in
and have a place to move into their own bank.
Speaker 4 (22:22):
Okay, well, and I know we were just talking about lots.
We actually have quite a few lots for sale, we do.
So Yeah, we've got a really nice one fourteen seventy
two Oriel Court in Punta Gorda. This is in Deep Creek.
It's an oversized lot on a cul de sac.
Speaker 3 (22:39):
So right there. A great area is a great area.
Speaker 4 (22:42):
Yes, you know, it's close to schools, it's close to shopping,
it's close to the interstate. It's a family typically a
family community. Yes, you'll have kids in the neighborhood. You
have you know, people of all ages.
Speaker 2 (22:53):
People walking their dogs, and it's nice.
Speaker 4 (22:56):
But I think the great point is it's oversized lot
on a cul de sac, so you've got probably a
lot of space for a really nice patio, a big pool.
And that's when we listed for forty five thousand.
Speaker 3 (23:09):
Yeah, good deal.
Speaker 2 (23:10):
Well in the cale de sac, what uh you know,
LUs traffic, you're controlling much.
Speaker 3 (23:14):
Yeah, exactly, You're not a through street, so to speak.
Speaker 4 (23:16):
So that's cool. So there's another one. Here's in Inglewood. Now,
this is in a fifty five plus community. Holiday Mobile Estates.
This is a twenty eight oh one wax wing lane
in Inglewood for sixty five thousand. What's the advantage of
buying in a fifty five plus community.
Speaker 2 (23:37):
Well, the advantage is if you want to surround yourself
with people in the you know, live in a similar lifestyle,
you know. I mean I have had some that are like, look,
you know, I've raised my kids, you know, you know,
you know, we want that social feel. We don't want
a lot of kiddos on their bikes and you know
they like that.
Speaker 3 (23:57):
Okay, awesome. Do you want to take one?
Speaker 2 (24:01):
Yep, one two three one zero Parene Avenue. This is
in Port Charlotte, oversized corner lot. Again, no hiy fees, No,
flood insurance required in this area per the zoning, and
oversized cornered a lot for twenty thousand dollars.
Speaker 3 (24:17):
Okay, once again to bigger footprint.
Speaker 2 (24:20):
That's exactly right. All right, We've got a couple more
talk about. We're over on our time. We're going to
take a break. We'll come back. Plus, we've got new
homes to the market as well as open houses, so
stick around. We'll see you on the other side.
Speaker 8 (24:31):
Has your home been on the market for a while
and no success getting it sold? Expired listings? Although frustrating,
don't have to be the end of the journey. Matthew
Pattison has proven marketing strategies to get your home seen
by the most qualified buyers and get you top dollar.
Franchi's Inductor recently worked with Jennifer and the Pattison Group
to buy their home Part Charlotte and so that if
(24:51):
their initial meeting to closing day. She showcased professionalism and
made the entire process seamless, handling all the details including paperwork,
inspections and more. Now, if you're looking for a dedicated,
professional and knowledgeable real estate agent, contact the experts of
the Patterson Group. Listen Chuck Britten, call my friend Matthew
Patterson of the Pattison Group in Keller Williams Peace River Partners.
(25:13):
There'sten a quick and easy way to find out what
your home is worth in today's market. Just go to
Matthew Patterson dot com. Then's start packing because you will
be moving your.
Speaker 7 (25:21):
Home sales don and you call Matthew Patterson.
Speaker 3 (25:25):
Go to Matthew Patterson do.
Speaker 4 (25:30):
We at the Patterson Group are proud to introduce our
newest partner, Elevated Title Services LLC, Florida's fresh, reliable choice
for all your closing needs. Women Owned and operated by
a veteran Diane, Elevated Title brings strong values, clear communication,
and solutions driven approach to every transaction. They serve the
(25:51):
entire state of Florida and even offer special discounts for
fellow veterans. Don't miss a moment in a sunshine We'll
bring the closing to you. Visit Elevated Title Services dot
com to learn more and start your closing today. Elevated
Title Services Closing with confidence.
Speaker 1 (26:07):
The local organization CARE, the Center for Abuse and Rape Emergencies,
needs your help. CARE provides twenty four hour hotline services
twenty four hour rape crisis, hospital response and victim advocacy.
This organization has helped thousands of people providing shelter support
and counseling. Donate or volunteer today call nine four one
(26:29):
six nine five four nine nine or donate items at
their reuse store, Kenilworth Boulevard, Port Charlotte.
Speaker 4 (26:37):
When the Patterson Group needs painting done right, we turn
to our trusted partner, five Star Painting of Hunta Gorda.
They're professional, reliable, and consistently delivered top notch work. They
show up on time, stay on budget, and leave every
job site spotless. Whether it's preparing a home to list
or refreshing the space for new owners, we know five
Star will get it done, clean, efficiently, and with care.
(27:01):
Visit five Star Painting dot com to schedule your free estimate.
Five Star Painting and the Patterson Group your go to
for getting things done right.
Speaker 9 (27:10):
Since nineteen eighty nine, Trees for the Future has planted
over one hundred and fifty five million trees around the
world through the support of individuals like you. Together, we
train farmers to plant and manage forest gardens that sustainably
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(27:30):
and deforestation. Find out more by visiting trees dot org,
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Speaker 7 (27:41):
Your home sale is done when you call Matthew Plotters.
Go to Matthewpotters dot com.
Speaker 2 (27:50):
All right, welcome back to real Estate Exposed. I hope
everyone is having a great day. We're having a great day.
We're talking about reales, which I love to talk about
real estate, and we were just talking about some of
our lots. I've got two more of them to go
over with you. One two one three seven Regular Drive,
(28:10):
Paona Gorda. This is introduced to the market at thirteen thousand,
five hundred. It is a lakefront lot located in tropical
golf acres. Again, no hoafees, no deed restrictions. Lastly, I've
got one two four eighty seven Patsy Avenue. This is
import Charlotte standard sized lot, no HOA fees, which I
(28:31):
know is really important to a lot of people right now.
Introduced at seventeen thousand. Very affordable dirt, and I always
say by dirt, I would talk about the last.
Speaker 3 (28:41):
One, but guess what, it just went under contracts under contract. Yep,
all right, so so let's see.
Speaker 4 (28:49):
Do we want to talk about our open houses this weekend?
Speaker 2 (28:52):
Sure, go ahead and talk about it.
Speaker 3 (28:53):
We've got several.
Speaker 4 (28:54):
So if you are in the market and you want
to just kind of see what's around and what's available
to have your friends, come down and be your neighbors.
Two three four eight eight Almond Avenue. This is in
Port Charlotte. You can find Rob there this Saturday from
eleven to one. This home has three bedrooms, two bath.
It is eighteen hundred square foot with a screened and pool.
(29:16):
Recently had a price improvement and it is now listed
for three hundred and sixty nine thousand.
Speaker 2 (29:22):
You know, speaking a Rob. Yes, we went fishing last.
Speaker 3 (29:27):
Week and you didn't invite the girls.
Speaker 2 (29:29):
We did not. This was no, what a great trip
this bata together. So we go offshore, about about eighty
mile offshore, fishing for some American reds. So if anybody's listening,
you're not aware, American red season is in. What a
great day. And you know, on the way out, we're
(29:49):
sitting there talking and we're like, man, we really do
live in paradise. Oh yeah, we live where you know. Yeah,
I know, but when you've been here either grown up here.
I've been here almost twenty years. You know, you're working,
you're busy, and you have to stop and look and
you're like.
Speaker 3 (30:09):
Wow, yeah, you got to go out and kind of
experience it.
Speaker 2 (30:12):
Yeah, So I mean you're not just you know, personal
home or dirt to put the home on your personal lifestyle.
Speaker 7 (30:20):
Yep.
Speaker 2 (30:20):
And what a beautiful place to live. So all right,
that's all I've got on that. Okay. Are four two
three four six waterfront Way, Babcock Ranch hosted by Nick Sartel.
Come out and see him on Saturday eleven to one.
This home is introduced to the market eight hundred thousand uh.
It is a three bedroom, four bath twenty six hundred
(30:41):
and sixty three square feet. So I think that is
a fantastic.
Speaker 3 (30:46):
Yeah, it's good size sized home.
Speaker 2 (30:49):
You know, with kiddos, family visiting, screening, pool, bonus room,
hurricane shutters. Come out and take a look and he
would be happy to give you a tour that house.
I'm going to talk about this next.
Speaker 3 (31:01):
Yeah, I know, this is one of our favorites.
Speaker 2 (31:04):
Nineteen thirty two Loss almost drive. I'm going to tell
you right now, I'm predicting. I'm going to have a
lot of people saying I've been watching.
Speaker 3 (31:12):
That Yeah I wanted that house.
Speaker 2 (31:15):
And I'm telling you this house is going to go
under the under contract. I think it's good. I think
it's very well. This week nineteen thirty two loss almost
dry upon a Gorda come out see Mike Saturday eleven
to one. It is listed just over a million dollars
and it is three bedroom, two baths, twenty three eighty
(31:39):
nine square feet twenty seventeen home. I know all this
from memory, yep. I sold it to the original owners,
the ones that i'm selling it for now.
Speaker 3 (31:49):
Everything is spottle, It's impeccable.
Speaker 2 (31:51):
Impeccable. If you want to be on that boat saying
what paradise we live in? The boat can actually be
perch as well. Also, the home can be purchased furnished.
Speaker 3 (32:03):
Yeah, so, which is spectacular.
Speaker 2 (32:06):
This how I'm in love with this house. It is
a fantastic home. Because of the slowdown on the market,
that's the only reason why we're seeing it still available,
and it's at the price that's at at just over
a million you're gonna miss out. If you know you need,
you need to get to that open house. I'll talk
about the next one as well. I want to see
(32:27):
this style thirty three twenty two Sandpiper Drive and Ponta
Gorda come out see less on Saturday eleven to one.
Actually those are very close together, so you might as
well catch both of those. This one's introduced to the
market at seven hundred and ninety thousand, three three bout
twenty three fifty square feet, gorgeous waterfront, great layout, great layout,
(32:53):
brick paver driveway, brick paver pool, just like lost Holomos,
a fantastic home and again a seven hundred and ninety thousand,
and I predict that one will be under contract so.
Speaker 3 (33:05):
As well well.
Speaker 4 (33:06):
And I think both of these homes give you that,
like you said, that Florida lifestyle. And if you're if
you're somebody who's the million dollar is not in your budget,
you still if you if you can get into this,
you know, seven hundred and nineties for this home on Sandpiper,
I mean you are still living the dream.
Speaker 2 (33:24):
It is, it is right and they are going to
be sold.
Speaker 4 (33:28):
And if you're not in, if you've not a land lover,
or if you're not a water lever and you like
the land. We've got a great house on two two
eight one Tolbert Street and Port Charlotte. You're going to
see Nick ret there Saturday from eleven to one. This
one is a three bedroom, two bath listed for two
hundred and sixty thousand. It's got a fenced backyard for
your fur babies and your two legged babies, and it's
(33:51):
just a great location. So hopefully come out and see
Nick at that property. Okay, all right, So okay, so
here's a question for you. I know we keep talking
about this as obviously we do talking about what sellers
can do obviously to get your home ready, and it's
like sometimes you're like, oh my gosh, you know this
seems so overwhelming.
Speaker 3 (34:12):
What what do we decide to fix? What do we
decide to replace?
Speaker 4 (34:17):
What can be remybe refinished or refurbished. You don't have
to go out and like replace a roof or do
all these extreme things. There's simple things we can do
to get our home ready. Don't you agree?
Speaker 2 (34:29):
I do agree. Let's take a step back, okay, before
we get into what to fix and do?
Speaker 10 (34:37):
How about clean yeah, that's a huge thing. Declutter, Yes,
the clutter is huge. I you know, I hear all
the time, you know, oh oh, you know we were
told to take down all of our personal photos. I'm
going to be real honest to me, that's old school
real estate. As far as all the personal photos, I
have had many buyers with me that can go, oh oh,
(34:58):
what a happy family, what a beautiful family. It's not
a matter of personal photos. They can still see themselves
in that home. It's the difference is when you have
forty five personal photos in frames taking up all the
counter space. That's the difference. So declutter.
Speaker 2 (35:17):
Is a big one. Clean is huge. It's not expensive
to clean.
Speaker 4 (35:23):
Well, I mean you think about your home and your
your base boards, your door frames, those things where.
Speaker 2 (35:28):
I'm going, Yeah, I mean we you know, we all
clean our house, said the deep clean. You know why?
You know, clean the doors because people, if you've got
beautiful cabinet, they're gonna want to open that. The blinds,
the windows, not just the front door, not just the slider,
but clean all the windows, the blind the fans.
Speaker 3 (35:50):
The slider tracks.
Speaker 2 (35:52):
Now here's one of my biggest is the change out
the air filters. Yes, as well as cleaning the grates
and your return air grade.
Speaker 3 (36:02):
Yes.
Speaker 2 (36:03):
You know a lot of times it's ten foot, twelve foot,
fourteen foot in the air and we don't think about it.
I'm going to tell you that means a lot because
when they look at that, they think, oh, have they
maintained the system. You may maintain, maintain it perfect, right,
but that that definitely, that first impression can make you nervous.
(36:23):
So definitely clean and then last but not least, smell.
Speaker 3 (36:29):
Oh smells huge.
Speaker 2 (36:30):
I have to smell good. I have walked buyers in
a door before, and if it's a home that's been smoking,
they smell that smoke that they instantly will turn around
and say, le's go. So if someone has smoked in
the home, you know, we've got people that can professionally
come in do what they need to do, whether it's
clean the ducks, clean aces, uh, clean the flooring material whatever.
(36:51):
Obviously stop smoking.
Speaker 4 (36:53):
In these say maybe obviously, while your home is in
the market, step outside and smoke out and.
Speaker 2 (36:57):
Don't leave the door open.
Speaker 7 (36:59):
Yeah.
Speaker 2 (36:59):
A lot of people go, They're like, I've never smoked
in here, but you were smoking on the patio and
the door was open and it's blown through the house.
So that's sense of smell is huge.
Speaker 4 (37:09):
Agreed, Okay, And I think if we take that a
little step further. You know, people look at the outside
of their homes and you're thinking, oh my gosh, because
we're at that point where we need to paint our home.
But sometimes for the seller who's going to list it,
maybe just a really good pressure washing would make that
home random.
Speaker 2 (37:29):
Yeah, especially in Florida, that's just part of living here.
You're gonna end up power washing a couple of times
a year, especially if you have.
Speaker 3 (37:35):
The driveway, yes, and the entry the door.
Speaker 2 (37:39):
When we walk up to show that property, you're standing
at the front door having a conversation and they're looking
up down all around. If you've got cobwebs and those lizards,
you know, leave stuff everywhere, you want to clean all
that up that you get one first impression there and
then freshening up the landscaping, trimming it, cutting the grass, mulching,
(38:00):
pulling weeds. It's all that curve appeal. You get one
first impression.
Speaker 4 (38:05):
And we're not talking thousands of dollars, you know, a
quick trip to home depot, some weed killer and some
fresh mult and you're good to go.
Speaker 2 (38:13):
Exactly exactly, and MAM's just still under four dollars a bag,
thank you.
Speaker 8 (38:18):
Saying.
Speaker 2 (38:21):
All right, So we're gonna get in what to fix,
what not to fix. When we come back, we're again
racing this clock today, so stick around and we will
see you on the other side of the break.
Speaker 8 (38:30):
So you've been thinking about buying a home, but interest
rates are keeping you on the fence. The Pattison Group
has several options can help buyers find their dream home.
It's important to work with a real estate agent that
will be with you every step of the way, and
that's what happened with Christina when she worked with Rob
at the Pattison Group and her five star Google review,
Christina said Rob was fantastic to work with and went
(38:51):
above and beyond to find her a great home in
Punta Gorda. She was very grateful for all of his
guidance and highly recommends a Patistan Group to anyone thinking
about buying or so listen Chuck Britton to work with
the best in Southwest Florida. Call my friend Matthew Patterson
of the Pattison Group. Be caller Williams Piece for her partners.
You can find out but your home is worth in
the current real estate market in a matter of seconds
(39:12):
by a true real estate expert. Just go to Matthew
Patterson dot com. Then start packing because you will be
moving your.
Speaker 7 (39:18):
Home sale is done, and you call Matthew Patterson go
to Matthew Patterson.
Speaker 4 (39:24):
Dot When the Patterson Group needs painting done right, we
turn to our trusted partner, five Star Painting of Punta Gorda.
They're professional, reliable, and consistently deliver top notch work. They
show up on time, stay on budget, and leave every
job site spotless. Whether it's preparing a home to list
or refreshing a space for new owners, we know five
(39:46):
Star will get it done, clean, efficiently, and with care.
Visit five Star Painting dot com to schedule your free estimate.
Five Star Painting and the Patterson Group your go to
for getting things done right.
Speaker 1 (39:58):
The local organization CARE, the Center for Abuse and Rape Emergencies,
needs your help. CARE provides twenty four hour hotline services,
twenty four hour rape crisis hospital response, and victim advocacy.
This organization has helped thousands of people providing shelter support
and counseling donate or volunteer today call nine four one
(40:20):
six nine five four nine nine or donate items at
their reuse store Kennilworth Boulevard, Port Charlotte.
Speaker 4 (40:29):
We at the Patterson Group are proud to introduce our
newest partner, Elevated Title Services LLC, Florida's fresh, reliable choice
for all your closing needs. Women Owned and operated by
a veteran, Diane, Elevated Title brings strong values, clear communication,
and solutions driven approach to every transaction. They serve the
(40:49):
entire state of Florida and even offer special discounts for
fellow veterans. Don't miss a moment in a sunshine We'll
bring the closing to you. Visit Elevated Titleservices dot com
to learn more and start your closing today. Elevated Tidle
Services Closing with confidence.
Speaker 11 (41:06):
Did you know that more than eighty percent of lightning
fatalities are men? In recent years, hundreds of unlucky men
died from lightning strikes because they did not seek shelter
from an approaching storm, but instead capped on fishing, boating, golfing, biking,
working outdoors. They paid the ultimate price needlessly and left
(41:27):
their families behind to face a life of loss and sorrow.
You don't ride a motorcycle without a helmet. You don't
go boating without a life jacket. Lightning safety is no different.
Be prepared by recognizing danger and knowing what to do
and what not to do. If you can hear thunder,
even a distant rumble, lightning is close enough to strike you.
Rubber soled shoes offer no protection. Neither do rain shelters
(41:51):
or tents. Immediately seek shelter in a substantial building or
a metal topped vehicle. To learn more about how you
can protect yourself and your family from life, visit Lightning
Safety dot noa dot com. This message brought to you
by the National Weather Service.
Speaker 7 (42:06):
Your home sale is done when you call Matthew Patterson.
Go to Matthew Patterson dot com.
Speaker 2 (42:14):
Bad the final Oh you cut my favorite song up?
Speaker 8 (42:19):
Bye?
Speaker 2 (42:20):
All right, so as you just heard, go to Matthew
Patterson dot com or you can give us a call.
It nine four one six one eighty six hundred nine
four one six one eighty six hundred for all of
your real estate needs. Be happy to answer any questions.
Go more in depth with what we covered today and
(42:40):
to go along with this the rest of your question, Uh,
what's worth fixing and or how do you decide what's
worth fixing fixing and what buyers will overlook? Yeah, I
mean there's there's a lot of things that are common,
but there's also every home is different. Honestly, I would
(43:01):
seek counsel. I would, you know, let me walk through
the home.
Speaker 4 (43:04):
Well, I think sellers, if they've lived in a home
for fifteen twenty years, I think they kind of become
blind too.
Speaker 2 (43:11):
Well, it's our home, It's it's what we're used to.
We're not out touring homes every day and working with
buyers every day. If we're just a homeowner living in it,
that we do not realize what you know, what people
are looking for. So on that really give us a call,
you know, we'd be happy to myself or one of
one of the other team members come through the home
(43:32):
and be able to tell you that there's you know,
it just depends on really everything and tying it together.
Speaker 3 (43:40):
Yeah, it's going to say make sure the age of things.
Speaker 1 (43:42):
And what you do.
Speaker 2 (43:43):
So what we're always for is you know, and I
talk a lot about it in the point is return
on investment? What is the ROI if you know, and
where does that play in the timeframe of getting it sold?
So those things really are a factor.
Speaker 3 (43:57):
So that's why it's not just a not just redo
your kitchen and you'll be fine.
Speaker 2 (44:02):
Yeah, no, No, what else you got?
Speaker 5 (44:05):
Well?
Speaker 4 (44:05):
Okay, so what about your roof because you know a
lot of us here in the area all have new
roofs thanks to the hurricanes.
Speaker 3 (44:13):
Room, Yeah, a lot of us do have new roofs.
Speaker 4 (44:16):
But for those who weren't impacted, maybe there's a couple,
maybe there's a leak here and there, you know, something
over the garage or something. Should you invest in a
whole new roof if you're going to put your home
on the market or just consider repairing it?
Speaker 2 (44:30):
Okay. If there's a leak, you need to call and get.
Speaker 3 (44:33):
The leaf fixed. Okay, So don't market it as a
water feature.
Speaker 2 (44:37):
No, okay, unless it's just flowing into the pool, and
then it could be both.
Speaker 11 (44:42):
Maybe there you go.
Speaker 2 (44:44):
But if you have a leak, that's definitely something you
want to get addressed. And as always, disclosed, disclosed, disclosed,
that's going to again it's going to depend on on
the condition. What I would say you might think I
would say, oh, go ahead and replace it. If it is.
Let's say we've got a roof that's just age and
(45:05):
insurance companies we know that, yes, you're in it. They
haven't sent you a letter yet saying that, hey, we're
not going to show you pass this year. I personally
if it's in good shape, but it's just the age
of it, the insurance doesn't like it. I would go
ahead and market the home and negotiate that out during
the deal. During the negotiation, you know.
Speaker 3 (45:26):
At some point the insurance company is going to.
Speaker 2 (45:29):
Well, we're not yeah, we're not high now. I mean
in the buyers. We're telling buyers and hey, just understand,
this house has a roof. That's you've got twelve or
thirteen years old. They're you know, we're gonna have trouble
getting insurance. We're gonna need this.
Speaker 3 (45:42):
Yeah.
Speaker 2 (45:42):
What I'm saying as listing the home, though, the buyer
is going to benefit from that for the next you know,
twelve years, fifteen years. So let's wait and negotiate that
because a lot of times they will contribute to that,
or it will change the purchase price which they are
contributing to it. And you're not taking the burden of
that that full expense, so that we can still put
(46:04):
the dish.
Speaker 3 (46:04):
Oh, you can negotiate anything there, you go, okay, but.
Speaker 2 (46:08):
Yes, I mean, let's negotiate that out and you know,
when we're negotiating the price of the home, and you
can yield a lot more money.
Speaker 3 (46:19):
Okay. So here's another here's a girl question. I'll call
it a girl question.
Speaker 4 (46:24):
How much weight is it when you walk into a
kitchen and there's like mismashed appliances, Like you've got a
really nice stainless steel refrigerator, but you've got an older,
you know.
Speaker 3 (46:34):
White white.
Speaker 4 (46:35):
Okay, that's a problem, even a white stove, but a
brand new dishwasher.
Speaker 2 (46:39):
But they're all working.
Speaker 3 (46:40):
They're all working, they just don't match.
Speaker 2 (46:43):
There's a couple of ways to go if they're all
If I walk in and three of the four points,
let's say, are you know, because you've got maybe a
wine cooler, this and that and the fridge, the stove,
the microwa dishwasher, and they're you know, they're just a
few years old. But you've got one that's definitely you know,
(47:04):
the microwave in the stove seems to be the last ones,
I would suggest go ahead and change them to something
some you know, as similar as we can to to
what you have. If they are all mixed matched, and
somebody's gonna get a whole package, I mean, the reality is,
you know, we could market that, we can give an
allowance or better yet, let's leave it up to negotiation.
Speaker 3 (47:26):
See if it comes up.
Speaker 2 (47:27):
Well, it's gonna come up. But the point is, let's
let's keep that as a negotiation point and we can
go into that much deeper when we meet. So again,
not a one size fits all answer.
Speaker 3 (47:41):
Yeah.
Speaker 2 (47:41):
Uh, you know, if we've got problems with appliances, well
then you gotta look at Okay, I'm gonna change that.
If the other ones are eight, nine, ten years old,
I would say, let's do a whole package. Let's change
it before the buyers come in.
Speaker 3 (47:55):
Okay. Carpet carpet, Yeah, carpet.
Speaker 2 (48:00):
People are not a big fan here. So again depends
on how much carpet. If we're talking about you've just
got the you know, the tile walkways through the house,
you know in the wet areas, mean, the kitchen, the
laundry that are tile. But it's a dated tile and
you've got carpet and everything else. Majority of your buyers
are going to end up putting all new floors, They're
(48:21):
going to take it all out. So do you want
to gain on that or do you you know a
lot of time sellers say, look, i'd have to move everything.
I don't want to mess with that, So we negotiate
that out as well. You know, if every if it
also depends when I look at the home on what
is a condition of the cabinets, the counters, if they're
(48:41):
ready for an update as well, then that can decide
on that decision.
Speaker 5 (48:45):
Well.
Speaker 4 (48:45):
And sometimes you can refinish your cabinet doors and not
have to go replace all your cabinets.
Speaker 2 (48:51):
That's exactly right. Yeah, they can reface them, wrap the boxes.
So definitely. I mean, I love this conversation because obviously
I've fixed up a lot of homes over time. I'd
love to help people gain you know, and and get
a bigger yield on the on the investment themselves. But
there's a good time to do it and when not
(49:12):
to do it. If I have a home that just
has a one room or two that's stained the carpet stain,
then I say we change it.
Speaker 4 (49:18):
Yeah, so I guess the question and obviously we've answered
it here about negotiation is some buyers might walk away
from a home if there's too many like cosmetic repairs,
like oh god, I don't want to do that, I
don't want to read carpet, I don't want to recabinet,
I don't want to buy appliances. But sellers an opportunity,
and buyers actually have an opportunity ask the sellers, hey,
(49:41):
can we meet in the middle on this or.
Speaker 2 (49:42):
Well, that's exactly right. And also that's that's what's powerful about.
You know, we're falling up with that feedback. We're getting
that feedback and seeing if they're if there's something we
can negotiate here, yeah, if there's something we can work
out here, okay, And and most of you know, most
time there is if someone really and say at home,
it's a matter of being solution based and what what's
(50:03):
it take for this to be a win win?
Speaker 4 (50:05):
So I guess the moral of today's show is don't
be afraid to ask to negotiate.
Speaker 3 (50:10):
It's always know if you don't ask, Yeah, don't.
Speaker 4 (50:12):
Walk away from something just because you know you think
it's it's maybe too difficult or too hard to do.
Speaker 3 (50:17):
We have solutions to most of your problems.
Speaker 2 (50:19):
We do, including the ones that say I was just
some one the other night. Well, I'm sitting on a
three point one interest rate, Matt. But now you know
we're ready to sell, but now we're going to go
buy and have to pay six something. I said, No,
you don't right, you can talk. That's exactly right. We
can buy down that interest rate. We can ask that
seller to buy down the interest right. So there is
always a solution.
Speaker 3 (50:39):
So yeah, so don't don't be so quick to walk away.
Speaker 2 (50:42):
Just don't ask me to move the house. Instead, we'll
just go find another one. Uh, all right, do we
have time for another one or no? Oh I'm down
to one minute. Well, I'll tell you what. We've got
a lot of stuff to go over in the future.
If there's something that you've heard on here that you
want to know more about, definitely reach out to us.
If there's something that you'd like to know that we
(51:04):
haven't covered, reach out to us. We would love those suggestions.
We always want to bring value and we so appreciate
you and appreciate you. Listen. We will look forward to
a great show next week.
Speaker 3 (51:17):
Yeah, and.
Speaker 2 (51:19):
Have a fantastic week.
Speaker 3 (51:21):
Happy Wednesday, Happy Wednesday,
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