April 26, 2025 • 39 mins
Join the RepcoLite Home Improvement Show, sponsored by Benjamin Moore, as we embark on a journey from a simple task of cleaning crumbs to tackling home improvement projects. Host Dan Hansen talks about how kitchen crumbs led him to caulking the bathroom tub. This experience leads to a conversation about 'The Prep Trap,' where Dan discusses the importance of staging prep work for efficient home painting. In the latter part of the show, real estate experts Sue Prince and Ginger Herman from Super Prince Group, 5 Star Real Estate Leaders, share their insights on the current real estate market trends in West Michigan. They discuss strategies for buying and selling homes, the impact of low inventory, and legal ramifications when backing out of a purchase agreement. Filled with humor, practical advice, and expert insights, this episode is a must-listen for anyone interested in home improvement and the real estate market.00:00 Introduction and Sponsor Message00:07 A Crumb Leads to a Caulking Adventure05:12 The Prep Trap: Avoiding Over-Preparation08:04 Real Estate Market Insights with Sue and Ginger09:13 Current Market Conditions and Trends12:21 Challenges for First-Time Home Buyers17:37 Spring Market and Inventory Expectations18:40 Introduction and Market Update19:49 Strategies for First-Time Home Buyers22:24 Navigating Real Estate Challenges30:18 Legal Complications in Real Estate Deals37:48 Conclusion and Final Thoughts
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Well, good morning, everybody, Happy Saturday.
Speaker 2 (00:03):
You're listening to the Rep Call Light home improvement show
sponsored by Benjamin Moore. And I want to start with
something that I hope has happened to many of you.
I'd love it if this happens to all of us.
But anyway, the other day I had crumbs on the
kitchen table, and because of those crumbs, I ended up
culking around the tubs around in the bathroom. Yep, all
(00:25):
makes perfect sense. Let me explain how it all shook down.
I was walking through the kitchen through the dining room,
heading to the living room to enjoy some well earned
leisure time, and on my way, I spot this messy
spot on the kitchen table.
Speaker 1 (00:38):
You know, crumbs.
Speaker 2 (00:39):
Some little snacker had come through and enjoyed something a
little muffin or something, and left a whole bunch of
crumbs there like normal. So anyway, I can't sit on
the couch and relax while there's crumbs on the table,
so I go into the kitchen to grab a paper
towel so I can clean it off. But of course
the paper towel roll is empty. You know, nothing, there,
no big deal, right deal. I'm completely unflustered. At this point,
(01:03):
I head to the cleaning closet so I can grab
a roll of paper towels from my backup stash that
I keep there.
Speaker 1 (01:10):
So open that door.
Speaker 2 (01:12):
There they are up there, and somehow they're way up there.
I have no idea how I got them to a
shelf so high. There's no way I can reach that.
Speaker 1 (01:20):
I need.
Speaker 2 (01:21):
I need a reaching wand and I didn't have one,
So I must have thrown them up there when the
groceries came. I do a lot of that. I throw
a lot of our groceries into the higher areas. I've
gotten quite good at it. Anyway, I have got them
way up there. I can't reach them, so I need
a stool, all right, So I go to the other room.
I grab a stool. When I come back, I realize
I can't reach them, you know, even with this stool.
(01:44):
Unless I put the stool in the closet itself. I
can't reach them from outside of the closet with a stool.
It's got to be inside the closet. Well, the stool
can't go inside the closet while the vacuum's there, So
I pull the vacuum out of the closet so I
can put the stool in there. But before I put
the stool in there, I mean, this makes perfect sense.
Right before I put the stool in there, I notice
(02:06):
in the closet, all around the corner, which was previously
hidden by the vacuum, I see spiderwebs in all kinds
of little mess Well, I've got the vacuum out, and
I might as well vacuum those things up. So I
get the vacuum, you know, get the cord plugged in,
get the attachments on the hose out, and I vacuum
all around the corners of the closet. And it's immaculate.
(02:27):
It's a wonderful closet. You could eat off the floor
in that closet.
Speaker 1 (02:30):
And as I'm.
Speaker 2 (02:31):
Looking at that and admiring the work that I've accomplished,
I notice around the rest of the room, in the
corners and along the edge of the wall, there's kinds
of you know, little messy spots, you know, little cobweb piles,
or little dog hair piles, or little bits of dog hair.
Speaker 1 (02:46):
I don't know. Again, the house sounds like a hovel.
It's not.
Speaker 2 (02:50):
But the corners weren't great, you know, to be honest,
the corners weren't great. So I got the vacuum out.
I might as well vacuum around everything. So I go
around and I get all these little spots out.
Speaker 1 (03:00):
Of the main living room that I was working in.
Speaker 2 (03:02):
Well, the minute I get done with that room, it
kind of bleeds into another room. All the rooms kind
of bleed together. So I'm finding myself working down the
hallway vacuuming all of those things. I end up going
through a huge chunk of the house, vacuuming all of
this gunk and whatever out of, you know, around the
edge of the wall. Well, as I'm nearing the end,
(03:23):
I notice on the base board there's one little section
where there's a nail that's kind of you know, the
nailhead has come out. You know, somebody could snag something
on that. They could snag a sock on that, and
then we'd have a sock with a hole in it.
That's unacceptable. So I've got to get that nail back in.
So I try to push it in with my finger,
but no, no going. I'm gonna need a hammer. So
(03:44):
I head downstairs. But when I get downstairs where all
the tools are, I get to my workbench, and I
find this bag sitting on the workbench.
Speaker 1 (03:52):
Where in the world did this bag come from? I'm
confused about it. I look at it.
Speaker 2 (03:56):
Oh, then I remember instantly, this is the calk that
I bought two months ago when I got rid of
all the calk around my bathtub.
Speaker 1 (04:04):
You know, I talked about it on the show here.
Speaker 2 (04:06):
I did all of that, and then I had to
let it dry for a little bit cause I got
it very wet as I cleaned it, and I didn't
want to calk it while it was wet let it dry,
and I forgot to get back to it with the cock.
Here's my call, I might as well go up and
do it. So I calked the bathtub surround all because
I had crumbs on the kitchen table. Yeah, that's how
(04:28):
my brain works. I don't know if that's normal or
if it means I've got some sort of you know,
what is it, attention deficit disorder going on. I'm sure
I've got something going on. I mean that much is
very clear to me. Something's going on up there. I'm
not sure what it is. Anyway, I did all of that,
and the whole thing was really depressing because once I
finished with the calking. I was tired, I was exhausted.
(04:51):
I had done so much other work. And when I
came up from the basement after putting the calking gun
away and all of that, I realized I still had
the vacuum sitting out, the nail was still sticking up
out of the baseboard, the stool was still in the
middle of the room, the paper towels were still way
up high in my closet, and the crumbs were still
on the table. So let's get to the paint point
(05:11):
in all of that. And it's something that I'm gonna
call the prep trap. Now, sometimes people skip prep entirely,
and that's a mistake. But there's another trap. You know,
when you start prepping, sometimes that prep works spirals out
of control. And here's how it happens. You know you're
gonna paint your bedroom, right, so you start by moving
out the bed and suddenly, of course, you unearth an
(05:32):
entire warren of dust bunnies, you know, old socks, forgotten boxes,
who knows what. So you vacuum all of that stuff up,
you organize, you do your laundry, and then you start
taking pictures up the walls.
Speaker 1 (05:43):
You know, so you can get at the.
Speaker 2 (05:44):
Walls now and you realize the pictures are dusty, all
the frames, they're really dusty. I can't live with this,
so you clean those two. Next you try to, you know,
finally start wiping down the walls, but the nails from
all the pictures that were hanging up they keep snagging
your little wiping rag. So you got to pull all
of those, which you should have done anyway, but you know,
now is when you finally catch it. So you start
(06:04):
pulling those out, but it turns out your walls they're plaster,
so four of those nails pull great big chunks of
the wall off with them. Now you've got those repairs
to do, and then you notice there's cobwebs on the
ceiling and a possible water stain that all of a sudden,
is there is that old?
Speaker 1 (06:19):
Is it new? Who knows?
Speaker 2 (06:20):
You crawl into the attic. You know, if you're like me,
you're crawling in the attic at that point. I got
to know if it's old it's new. And thankfully, let's
say you find out it's old. But now you've seen
it and you can't unsee it, so you go get
primer from the store. By the time you're back, your
room's still torn apart. You've been working for three hours
and not a drop of paint is on the wall.
Prep is essential, but don't let it become a trap.
(06:42):
Plan your prep in stages. I think this is some
of the best advice I've ever given, and I repeat
it from time to time. Break the prep up over
the course of a week, aiming to paint on a Saturday.
So Monday, take down the pictures and pull the nails. Tuesday,
patch the holes and broom off the ceiling, clean up
the cobwebs. Wednesday night you like, sand down the patches
and wash the walls. Thursday night you wipe down all
(07:03):
the trim. Friday night you move your furniture out, you
clean under the bed, and you tape what needs taping.
Then by Saturday morning, when that dawns, you're ready to
start painting. You can start bright and early, and you
can get straight into the heart of the work.
Speaker 1 (07:16):
And that means that you're going to put yourself in the.
Speaker 2 (07:18):
Best you know possible situation to complete the work by
the end of the day, if not by noon. And
because you've done the prep in twenty minute to hour
long chunks on different days throughout the week. You're not
going to feel as overloaded on painting day as you
might have felt otherwise. You're actually going to find that
you're ready to paint, you know, emotionally and mentally fresh.
Speaker 1 (07:38):
You know you're ready to go.
Speaker 2 (07:39):
It sounds dumb, but we've all done it hours and
hours of prep and then we still have to paint
the room. You know, that's not a situation where you're
usually going to accomplish your best work. So avoid the
prep trap, plan the prep in stages, stay focused.
Speaker 1 (07:52):
And you'll have great results.
Speaker 2 (07:53):
All right, let's take a break when we come back
up in the studio with realtors Ginger Herman and Suprans.
Speaker 1 (07:58):
That's next. Stick around and back.
Speaker 2 (08:05):
You're listening to the Repco Lighte home improvement shows sponsored
by Benjamin Moore, and right now I'm joined by Superans
and Ginger Herman from Suprince Group five star real estate leaders.
Speaker 1 (08:16):
Right, Sue, you got it?
Speaker 2 (08:17):
I know, but I paused for a second because I
wasn't sure if it was.
Speaker 1 (08:22):
I couldn't remember. Are the leaders the leaders?
Speaker 2 (08:25):
Let's make that leaders all right? See you guys work
out of where what area?
Speaker 1 (08:29):
Do you cover everywhere?
Speaker 3 (08:32):
No, you just kidding, I don't. I don't want to
drive to Detroit for anyone.
Speaker 1 (08:37):
Detroit, how much of West Michigan.
Speaker 3 (08:40):
All over up to Newego, as far over as like
lowell Ionia down to Saga tak Door. Yeah, like all
over all. Right, so you guys go radius of Green Rabbits.
Speaker 1 (08:53):
Big radius. So you guys cover all of that area.
Speaker 2 (08:56):
You've been in the studio plenty of times, Ginger, you
were here alone time because Sue was in somewhere warm, which.
Speaker 1 (09:04):
Sure would be nice. Eventually we'll happen.
Speaker 4 (09:06):
I felt punished about that.
Speaker 3 (09:08):
You should do, guys. We were freezing in the studio.
Speaker 1 (09:12):
Yeah, yeah, yeah.
Speaker 2 (09:13):
Anyway, anyway, we talked about the state of the market,
where things were at, how you know what spring was
going to look like.
Speaker 1 (09:20):
And then I think.
Speaker 2 (09:21):
Three three weeks after that aired, Ginger reached out and said,
you know, I don't know there's things are moving even quicker.
Speaker 3 (09:27):
So no, it was like three days, Dan, I was
I was trying to be nice, like, I was like,
oh man, this is we need to do another one.
Speaker 4 (09:34):
Already drenching is now out of style.
Speaker 2 (09:38):
All the style she gave our fine but man, the stadium.
Speaker 4 (09:42):
The market got crazy.
Speaker 2 (09:44):
Where are we at? You know, what's the situation out
there right now?
Speaker 3 (09:50):
We look at it either because it's so we want
to touch that.
Speaker 4 (09:55):
No, No, it's it's this is our exciting time. So
it's it's busy again. I would say that is it?
Is it as busy as last year?
Speaker 5 (10:04):
I don't.
Speaker 4 (10:05):
I don't think so.
Speaker 3 (10:05):
I feel maybe maybe slightly less busy than last year. Yeah,
very busy.
Speaker 4 (10:10):
Yeah? Are we talking like a campfire opposed to a bonfire?
Speaker 3 (10:14):
Yeah, that's a great putting it. And when we say busy,
we still mean it's this strong seller's market and there's
low inventory and a lot of buyers that are looking
to purchase homes. So we're still in the multiple offers,
prices going way over if it's priced accordingly. Right, that's
what we mean by busy.
Speaker 2 (10:33):
Okay, So, like you said, I was letting you have
three weeks before things went off the rails.
Speaker 1 (10:38):
You said it was three days. Felt like what changed
in those three days?
Speaker 2 (10:43):
What are the things that you noticed? Were these major
changes that you wanted to talk about.
Speaker 3 (10:47):
I think a big one was in that week that
it got crazy. The weather started to warm so like
snow melted and we saw some days of like forties fifties,
and it was it was very short lived, but I
think everyone got that jump to like, Okay, I'm I'm
now ready. I'm ready to start cleaning up my house.
(11:08):
I want to start looking at houses. That's kind of
the only thing I can think of way back then,
just because we typically always hit a spring market close
to March, but that was in February.
Speaker 1 (11:19):
So I so that was what you saw. It just
hit quicker.
Speaker 3 (11:22):
Yeah.
Speaker 4 (11:22):
Yeah, Well, all it takes is a few warming, warm
days called a warming trend, and it feels like, oh
spring is coming, the warm weather, and it just brings
everybody out of the wood work.
Speaker 3 (11:34):
Because rates didn't really change, maybe very slightly, so that
that's not what brought buyers out. I think it was
the warm weather.
Speaker 1 (11:41):
Okay, so the buyers are out spring, What did the cellar?
I mean, are there? What's the inventory look like? I mean,
is it it's low?
Speaker 3 (11:49):
It's low.
Speaker 4 (11:49):
Yeah, I think it's That's where I'm comparing the campfire
to the bonfire. I feel like the inventory is higher
than it was last year, but overall it's low. I mean,
what I think I saw a one month supply of inventory,
and I think this time last year was even lower
than that, which is I mean houses were lasting about
(12:11):
seven days on the market, and the average right now
is fourteen. So you see it's still.
Speaker 1 (12:17):
Still are still way up there.
Speaker 4 (12:20):
Yeah, prices are still way up. I think what's changed
a lot is we talked about this the other day.
Inspections are back on the table, not so much for
the lower like first time buyer range, where we're seeing
more multiple offers than maybe just three or four or
maybe no multiples, but still.
Speaker 2 (12:40):
Get so first time buyer range. Let's talk about that second.
You're saying that in those instances you're not seeing inspections
getting done because there's multiple offers coming in.
Speaker 4 (12:49):
Yeah right, yeah.
Speaker 3 (12:51):
Yea under three hundred thousand is tough out there.
Speaker 2 (12:55):
Okay, No, so under three hundred thousand is first time
buyer range.
Speaker 4 (12:59):
Yeah, yeah, like we just yesterday, Okay, not that way.
Speaker 1 (13:06):
So it's a heartbreak.
Speaker 4 (13:07):
I wish because I wish sure people could see that
face it was.
Speaker 1 (13:12):
I mean we were in the sixties. Yeah, wow, three hundred.
Speaker 5 (13:17):
Thousand dollars, baby, wow, you're looking at it and you
should see what you can get for like, comparatively for
the two fifty to three hundred range to the three
fifty eight to four fifty range, it's quite different, like.
Speaker 2 (13:34):
Really good, you're getting really good stuff in the two
fifty to three fifty range yourself.
Speaker 1 (13:39):
It really is like those are yeah that I feel
you're waiting inspections, which yes, wait, I know.
Speaker 4 (13:46):
I was just gonna say. We heard yesterday in our
meeting one of our team members went through a property
and there was like over what did she say, ninety
showings and thirty five or whatever? Offer thirty five thirty
six offers on the table and that was that first
time buy R range at Grand Rapids listing, you know
(14:06):
it was she said it was a decent house, but
it's gonna need stuff, you know. So so you think
about you're gonna write an offer and you're competing with
thirty four thirty five other people. You have to make
that offer really strong and really cleans winnable.
Speaker 1 (14:25):
What does that mean?
Speaker 4 (14:27):
Well, when we're saying inspections are off the table.
Speaker 1 (14:30):
Use any curse words.
Speaker 4 (14:32):
Exactly, all right, not not a lot of extras, right
or no extras. Not to say you can't get inspections
because We've talked about this before in your studio, that
you can do the pre offer inspections where you're getting
inspections ahead of writing your offer. So it's not like
you know they're as well. You're just making sure to
(14:53):
take precautions that you know you're gonna you're gonna buy
right and not buy something that needs some thing more
than what you're willing to put forth in it, as
you know, extra money or maintenance. So we're yeah, we're
seeing clean as being like maybe they're giving them everything
(15:14):
the sellers everything they want as far as possession.
Speaker 3 (15:16):
Days and which means time in the home, time time
in the home.
Speaker 4 (15:20):
Yeah, their price, their price that they well and more right,
their price and more. We're not going to be begging
for extra things in their home or like I said,
the inspections. Will will waive the inspections, but maybe with
a pre offer inspection. And that's I mean, we never
encourage you to not get inspections. We've talked about that too.
(15:41):
It's really we want them to have inspections. But it's
all about how do you want to win it? So
here's some strategies to win.
Speaker 3 (15:48):
It and how that usually goes down I'll have a
buyer say what do I have to do to get
this house? And there's there, you can see it in
their eyes. There's desperate, the craziest desperate eyes right there,
what I have to do? And then I have to
tell them, all right, you got to go way over
on price. You gotta wave inspections, and we might have
to pay over a praisal value. And that's just the you.
Speaker 1 (16:08):
Keep smelling salts in the car to wake people up.
Speaker 3 (16:11):
After that, Yes, they might throw some punges.
Speaker 1 (16:15):
That's all right, holy smoke.
Speaker 3 (16:17):
But that's why to SU's extent, or to Sue's point,
that you need an expert on your side because if
you are competing, whether it's you're competing against three people
or thirty eight people, you need someone that knows this
market and that knows how to write the contract to
get you the house, because otherwise you don't you've never
seen the contract before and you don't know, I don't
know what the trends are out there.
Speaker 1 (16:38):
So that's that's first time buyer.
Speaker 2 (16:41):
That's what we were kind of looking at. Their inspections
are at least happening in the in the other levels
a little bit or at least that can be up.
Speaker 4 (16:50):
Yeah, I'm seeing more of that and that above four
hundred price range.
Speaker 3 (16:56):
Yeah, and I think it. I don't like that you
use this term alot on this show, but I always
say it depends because it truly does. It depends on
the state of the house. If it's really run down,
you're going to see more offers place inspections on that house.
If it's very clean and they've replaced some of the
big mechanicals that are the big ticket items that people
don't need to worry about anymore. So it truly just depends. Yeah,
(17:20):
but you do we have seen this year twenty twenty five,
we've seen more inspections on offers be accepted rather than
than being.
Speaker 1 (17:30):
Okay, well that's at least in the positive direction. Yeah,
so inventory's law.
Speaker 2 (17:35):
You don't anticipate a huge bump in that coming up.
I mean, how do how do sellers look at springtime?
Do they well on the market?
Speaker 3 (17:42):
Can You asked me a little bit ago what was
the speed up of the spring market. I think a
big part of that was also, yes, the weather was turning,
so then more sellers want to list their house on
the market. I'm just thinking about my own sellers that
listed their homes in like late February, early March. I
had a lot of people see same idea, playing game idea. Yeah,
so we just simply had more home starting to hit
(18:04):
the market.
Speaker 1 (18:05):
It's nice out. I hate living here. I'm going to
go somewhere else.
Speaker 3 (18:07):
Yeah, okay, and we'll continue to see more inventory hit.
We always have a slight slow down when school gets out.
You have people that are going on vacation or you know,
prepping for summer months, whatever it may be. So we
might have a little bit of a slow down, but
it's just.
Speaker 1 (18:22):
Go down in the buyers making it inventory.
Speaker 3 (18:25):
Yeah, so sellers maybe hitting the market, but I think
that we're going to from here on out. It's like
a lender yesterday said, all right, our football season is
March to November. So here we were in it. Yeah,
and we're going to be in it, like you said,
close to November time.
Speaker 2 (18:39):
All right, Well, let's take a break, ame inute, and
then I want to come back on the other side
and talk about maybe a couple of strategies. But then, also, Sue,
you made a phone call to me that was you
were pretty frustrated.
Speaker 4 (18:51):
Crying and whining and whining, and we're going.
Speaker 1 (18:54):
To talk about that in just a minute. Stick around
and we're back.
Speaker 2 (19:02):
You're listening to the Repico Lighte Home improvement show sponsored
by Benjamin Moore, and I'm in the studio with Ginger
Herman Suprins from Suprince Group, five star real estate leaders.
We're talking about the state of the market. You guys
come back on the show maybe four times a year,
five times a year and kind of give us an update.
And so far the update has not been terribly terribly wonderful.
(19:24):
This time, it's better than it was last year. Things
are looking a little better, but inventory is still low.
You know, if your first time buyer, get a realtor.
Speaker 1 (19:34):
That's the very first thing.
Speaker 3 (19:36):
Yeah, best piece of advice.
Speaker 2 (19:38):
I'll look into and they will help you navigate whatever's
out there for you.
Speaker 4 (19:43):
Yeah, the contracts are so complicated, right and how how
would you know how to do that on your own?
Speaker 1 (19:49):
Right?
Speaker 2 (19:49):
So, with all of that said, like some strategies, you know,
and I know there's not too much maybe there's not
too much different from last time. You know, maybe it's
just get pre approved, figure out, you know whatever. But
if somebody's in that boat maybe two months ago when
you were on Ginger, they weren't in that boat. So
really quickly, what are the best strategies if you're looking
to get into this market and snag a house.
Speaker 3 (20:10):
You're asking me to give away all my secret?
Speaker 2 (20:12):
Yeah, no one, and then the rest they'll have to
come to you.
Speaker 1 (20:17):
To get Yeah.
Speaker 3 (20:19):
Can I bill you for my time?
Speaker 1 (20:21):
Absolutely? Okay, I checks bounce, but you can bill all
you want.
Speaker 3 (20:26):
So you want me to give you the best strategy.
Speaker 2 (20:29):
For I'm just thinking if I'm trying to buy a house, like, okay,
let's make it very personal. My kid is going to
be buying a house, first time house.
Speaker 3 (20:36):
First question, is he going to call one of us?
Speaker 1 (20:38):
Of course he's going to all right, go ahead. What
is the best thing for him to do?
Speaker 2 (20:44):
Is it I've already told him, you got to go
get pre approved for long. I mean it's number one
where everything starts. That's the best place to mm hmm.
Anything else that you would tell him?
Speaker 3 (20:52):
How I would approach this is I would probably start
after he gets a pre approval, is like, how much
money do you have to work with? And then let's
ask allocate that where it's going to best fit the
offer that we're writing. Meaning if he let's say he
wanted to put twenty percent down on a house, I
might say, well, maybe we can cut that back to
ten percent and use those extra funds to pay over
(21:15):
appraisal on a house if it got to that point. Right,
that's just one example, and that's not going to be
for every house that we would write on. But I
would want to sit down, how much money do you
have to work with? Depending on the house that we're
writing on, we might want to move, you know, those
funds into different categories to get the house. That could
even be you might want to cut down on your
down payment and wave inspections, and now you have a
(21:36):
little cushion fund to if you move into the house
and hope the furnace is actually you know, going to
die soon, now you have the money to pay for
that furnace. Does that make sense?
Speaker 1 (21:45):
Yeah?
Speaker 4 (21:45):
I one hundred percent agree. You almost work backwards from
the funds that they have into how we're going to
structure the offer, and we can write offers very creatively
based on that.
Speaker 1 (21:57):
So all right, So that's all right.
Speaker 3 (21:59):
So we didn't give you a ton there because we
don't want to give away all of our See, we.
Speaker 4 (22:02):
Don't want to talk about our creative ways.
Speaker 1 (22:05):
And that's why go get a realtor.
Speaker 2 (22:06):
I mean, even once you said right off the bat
is just allocating the funds and doing all of that.
The house I bought, I think that the one I'm
in now, we used to realtor.
Speaker 1 (22:14):
The first one. You know, we didn't.
Speaker 2 (22:16):
We just did it on our own and we muddled
through it and had no idea what we were doing.
So I think that's really good advice. Let's okay, go ahead.
Speaker 3 (22:24):
No, I was just gonna say, to the extent, it's
not just writing the offer either. So you need a
realtor to be there during the pending process because what
if something goes and I'm looking over a sewer right
now because.
Speaker 4 (22:38):
We are sweating now.
Speaker 3 (22:39):
We have had I probably can't swear in here. We've
had a bleep of a month, both of us, with
just some doozies of sales where we've had stuff come
up that it's like, now we got to work through this.
Now we got to work through this sort.
Speaker 1 (22:54):
Of get to that.
Speaker 2 (22:55):
Because that was Sue's phone call to me, just okay, well,
here's what I think we should talk about because this
is going on and talk about what's going on.
Speaker 3 (23:04):
You started to, yeah, go ahead to you're the one
calling and complaining, you're the one.
Speaker 4 (23:10):
Well, yeah, no, I just was like, you know, I
think a lot of people who are jumping into the
onto the dance floor that are either going to be
buying or selling or not necessarily thinking about there's a
lot of cogs and wheels that are in motion when
you write a contract, and so, yes, problems can occur,
(23:31):
you gotta have the stomach for it. And I don't
want to have this part of this segment put any
fear into anybody from you know, wanting to purchase or
wanting to sell, because you know, this is what we're
here for, this is what the experts are here for,
is to help the transaction to go smoothly. And sometimes
our buyers and sellers, I know you would agree, gender
(23:52):
they don't even know sometimes what's going on behind the scenes.
That's making us freak out right what is going on?
Speaker 1 (23:57):
So, but what did you know? Give us some idea
so that people out there understand a little bit about
what you're talking.
Speaker 4 (24:02):
Well, I'll just give you an example. Stories are fun
once you've gotten to the other side of it, right.
So I had a probably the day that I called you,
I had a appraisal go away south, meaning that it
came in much much lower than what the purchase price was,
almost fifty thousand dollars lower.
Speaker 3 (24:20):
Which is a big deal because the bank is no
longer going to give that buyer the loan the loan
because it came in so low.
Speaker 2 (24:28):
Okay, so the sellers aren't saying, oh, man, I guess
we just overcharged the price dates.
Speaker 1 (24:33):
What it was. Now the financing doesn't work.
Speaker 3 (24:35):
Now, It's like, all right, so I'm going to come
up with the extra money or what are we going
to do down to that price?
Speaker 1 (24:40):
Right?
Speaker 3 (24:40):
So both sides are like.
Speaker 4 (24:41):
What are we going to do?
Speaker 5 (24:43):
Right?
Speaker 4 (24:43):
My seller did not know when that happened, because I
first was going to look at the appraisal and make
a decision whether is there any more that I can
contribute to it? Because I did my homework to price
a where I priced it and I felt confident with it.
So I'm like, what did he come up with that
I didn't see? I did find a mistake. It wasn't
(25:04):
actually wasn't his mistake. It was a compt that he
used was I'm sorry the appraiser. I apologize so that
the comp that the appraiser used one of them, it
was inappropriate in that there was misinformation on it. I
did some digging and like, oh, that square footage was
was wrong. It was totally off and he just went
(25:27):
based on the report, you know, the listing. So I
did find that, and I also found a couple other
comps that he hadn't used. So I very carefully disputed
his appraisal, which were which we can right. So I
brought that to attention of the appraiser. He was very
kind and was willing to take a look at what
(25:49):
I was bringing to the table. And then then the
the buyer agent was also thankfully in our corner as well.
She's like, I know soe that that was a low appraisal.
My buyer is coming to understand that too, as I
have been speaking to her. So we were all working
together for the same thing. But the buyer did have
(26:12):
the right to walk away.
Speaker 1 (26:13):
That one the buyer can walk away from. What happened
was yeah.
Speaker 4 (26:17):
So when I brought my comps and presented that the
mistake that the that was on that listing card, the
appraiser did adjust it, and he didn't bring it up
to where I felt that he should have. But that's okay.
The buyer was willing to come up with the extra
cash because she wanted it bad enough that she was
willing to do that. So somewhere in that process, I
(26:41):
finally contacted my cellar and said, here's what's going on.
The appraisal came in low, but here's what we've done
to get the wheels hopefully moving forward, to help her
to not panic too much. And then you know, we
worked from there and were able to resolve it.
Speaker 1 (26:57):
So that one worked out.
Speaker 4 (26:58):
So that one it worked out. There was a lot
of stress involved, but it worked out.
Speaker 1 (27:02):
You talked about another instance.
Speaker 2 (27:04):
I don't know if it was an experience that you
had or if it was just you know, hypothetical, but
you talked about a buyer. You know, they put money down,
they've signed an agreement, but it changed their mind for
whatever reason. And you were saying to me on the
phone that people don't realize, and I didn't realize that
I'm not just out the money I've put down. Yeah,
this was a contract of sorts contract Yeah, yes, yeah,
(27:28):
bought that a little bit.
Speaker 4 (27:29):
Yeah, when buyers and sellers sign a contract, it's a
legal document, and so what you're saying on there, from
price to all the different terms, when it's written that way,
that's the way that it needs to be carried out.
Otherwise there could be what's called a breach of contract.
And in that case, there was a breach of contract
in that.
Speaker 1 (27:48):
So this was a real situation.
Speaker 4 (27:50):
There was a real situation. There was a breach of
contract in that the buyer, let's call her buyer Betty,
decided to back out of the contract for personal reasons.
Seller Sam was the names have been changed to protect
We used to watch that show Done Don't Done Dragon
(28:12):
That right taken me back, But it's like these are
real stories, but the names have been changed to protect
the innocent.
Speaker 1 (28:19):
Seller.
Speaker 4 (28:20):
Seller Sam was definitely not having it, Like, Okay, I've
already paid for my moving people to come I have
already hired a state people to come in. I have
already made some inspections, concessions, I've fixed things that the
buyer wanted me to fix that maybe they wouldn't have
had to. Also, what if the what if Seller Sam
(28:42):
didn't get let's say we relisted it and seller Sam
didn't get the same price a much lower price. These
could all potentially be consequences for the buyer if the
seller decided to pursue.
Speaker 3 (28:55):
The buyer after the buyer would fully walk away from
the country.
Speaker 2 (28:59):
Yeah, they would lea.
Speaker 3 (29:03):
Yeah.
Speaker 4 (29:04):
So, I mean it's our job as the real estate representatives,
the professionals, to say, Okay, here's your options. And in
these cases, we're gonna say gender and I I know
we are. We're going to say it's time to seek
legal advice because we can only take that so far
because we don't know at the end of the day,
what will a judge say if you go back and say, ah,
(29:26):
you're gonna you're gonna owe me and you're gonna owe
me this, this, and you know, X, Y and Z
for all the money and you know, and they're gonna
go no, I just I'm just going to be out
my my deposit. In fact, that's a letter we got.
It was like, we're going to walk away for personal
reasons and you can keep our deposit, which.
Speaker 1 (29:42):
Was you were you were representing Sellar Sam.
Speaker 4 (29:45):
I was representing Sellar Sam. Yeah.
Speaker 3 (29:47):
So a lot of contombers out there think they will
only lose their earnest deposit that they've put down on
the sale. But the truth of it is you could
lose more than that. Yeah, if the other party seller
you know so.
Speaker 1 (30:01):
Much, Sam two.
Speaker 3 (30:03):
Or yes, if someone else wants to pursue you. Unfortunately,
that's going to take legal course, and that's a crappy
way to go down, right, But they could seek out
for their funds if they wanted to.
Speaker 2 (30:16):
Okay, So backing out of a purchase agreement, that's not
a simple process. But I do know there are situations
where a buyer can legally back out of an agreement,
and I want to talk about some of those after
a break.
Speaker 1 (30:27):
We'll be right back, and we're back.
Speaker 2 (30:35):
You're listening to the Repco Light Home Improvement Show sponsored
by Benjamin Moore, and I'm in the studio with Suprins
and Ginger Herman from Suprins Group, five Star real Estate Leaders,
and we've been talking about the state of the real
estate market, but more specifically, in the last segment, we
were kind of digging into some of the legal complications
that could arise if a buyer backed out of a
(30:57):
purchase agreement. Now it's not as simple, is it. Sometimes
seems it's not just giving up your earnest money deposit.
There are actually legal ramifications. So we talked about that.
I'm curious if there are times when somebody can back
out of a purchase agreement without running into legal woes.
Speaker 4 (31:14):
Now, there would be legal reasons why a buyer could
back out that are provisions in the contract that says
they can with inspections. For example, we talked about when
inspections are on the table and they say they write
in we want five days to do our inspections. If
(31:34):
they back up, they if they wanted to back out
within those five days, they legally can do that if.
Speaker 3 (31:39):
They found something new on the house that they didn't
you know, see the first time around.
Speaker 4 (31:44):
They also can back out from a contract if they're
financing changes or the lenders not able to to make
this mortgage work and you know, even though they got
an approval letter, maybe something came up that you know,
the lender was not aware of, or their financial situation change,
they lost a job. You know, that that allows for
(32:05):
and out for the buyer. Also, things like what if
something showed up with they ordered a survey and something
showed up, you know, in a survey or in title,
there's there's many provisions or are.
Speaker 2 (32:17):
Those things written in or that's just always written in
or that's understood that those things.
Speaker 3 (32:22):
A little bit of both. Yeah, I would say it's
not understood. So it's either already written in our contract
or me and Sue are writing them in our contract.
Speaker 4 (32:31):
Yeah. I will tell you that. The story between Buy
Your Body and Seller Sam, it worked out. We ended
up going to a closing fact it closed last week.
But the thing is is that both parties, I know,
even even by your buddy, who wanted to back out
for personal reasons, they were both very thankful that they
(32:54):
had professionals on their side because because Buy your Buddies
agent was a able to talk her off the ledge,
help her through what she was dealing with, and I
was able to help sell her Sam with how do
we navigate this when we involve the attorney. Attorney wrote
a letter and said, you you signed a legal contract.
You you are breaching contract. I don't think by your
(33:17):
buddy really understood like, oh I can I can change
my mind. You know something, something's changed in my life
and you know so.
Speaker 3 (33:25):
Well, let's say you weren't two realtors or even one
realtor involved, that could have just then been a dead deal,
right right. Buyer and seller don't know they bet you know,
buy her buddy things. Yeah, I can just back out,
and sellers like, okay, I guess they can, right, and
then it's done. But if now that you have realtors involved.
Speaker 4 (33:45):
No judge can force a buyer to buy or a
seller to sell, but a judge can enforce consequences. Okay,
And so uh yeah, we started to travel down that
road and think and things changed. But I will tell
you that that be ending is that I was there
when she walked through the home before she purchased it,
(34:05):
and she was very happy and very excited, I think relieved.
And again I think that was partly her team, her agent,
her lender, helping her through whatever she was dealing with.
Seller Sam was very thankful that I was there to
just handle the reins and guide her through. Here's your options,
here's your steps, what would you like to do with those?
(34:27):
And I'm here for you to carry out your wishes.
Speaker 2 (34:30):
Big takeaway is, yeah, once you get to that point,
things are serious. It's not just you know, I didn't
realize that, you know, it all makes perfect sense looking
back in it. Yeah, but yeah, you figure you put
your money down, but something changes as well. I know
I'm forfeiting that, but didn't think about all the other
all the other ramifications that take up place.
Speaker 4 (34:50):
Yeah, and there can be that was a big story.
I told there can be just small little things like
we talked about earlier, that are happening behind the scenes,
that were care Maybe maybe there's there's an issue in
title or you know, I'm thinking of there was something
that turned up really weird about a survey line where it's, oh,
it's three inches over. The survey showed where there was
(35:12):
an encroachment and it's just like three inches over. We
still need to figure out how do we deal with that? Right,
Some some things are very small and behind the scenes
we're thinking, Okay, here's what here's what we need to do,
here's here's the next steps. And maybe sometimes we will
advise our buyers, our sellers, and sometimes not, we'll just
resolve it if we can resolve it.
Speaker 3 (35:31):
So I think two big things after all those stories
is one a lot of I kind of view it
as we get paid to be problem solvers in creative
and because we're veterans of the of the industry. We
know how to be creative and how to problem solve.
And second, I like that Sue started out this story
(35:52):
with we're big at the Superhins team of we are
already trying to figure out the solution before we're that
problem to our buyer or our seller. I don't like
to cause them stress. We're always stressed.
Speaker 4 (36:05):
Yeah, we'll carry it.
Speaker 3 (36:07):
We take on the anxiety and the stress of our clients.
That's on purpose. We want we want it to look
like this was a seamless sale right for them. So
we hear about a problem, we're we're going to do
some research into it, we're going to have a course
of action. Then we're going to probably bring it to
the client and be like all right, here's what's up,
here's how we're going to fix it, and here's how
we're going to get through, rather.
Speaker 1 (36:26):
Than guess what. Yeah, yeah, right.
Speaker 3 (36:30):
We don't want to do that.
Speaker 4 (36:32):
Yeah, I know. I got several texts from seller Sam,
so thankful that you're handling this, you know, so thankful
that I don't have to carry all this by myself
right now, because even some of the details of the moving,
the moving people and the state people and all that
(36:52):
we had to work through timing. Do we put it back,
do we put it back on the market. What if
we put it back on the market, how will that look?
Speaker 3 (36:59):
You know?
Speaker 4 (37:00):
And just making sure I got your back. If we
do this, this is what's going to happen. And I
got you.
Speaker 2 (37:07):
So if our listeners out there are thinking, I want
to be the next seller Sam.
Speaker 1 (37:12):
Or maybe I want to be buyer Betty, but I
want to do it right. But I want to use
you guys, how's the best way for them to get
in touch?
Speaker 4 (37:18):
My Sollo is six one six seven two three two
four zero zero.
Speaker 3 (37:22):
Gingers is six one six, six three three five eight
eight zero.
Speaker 1 (37:27):
All right, Well, I know you guys have appointments, You've
got things to do. You walked in and some more
problems solved. Do We've got to get out of here
on time, So I'm releasing you on time.
Speaker 3 (37:36):
Thanks for being here, No, thank you so much.
Speaker 4 (37:38):
We love it. We love coming in and see yan ya.
Speaker 1 (37:41):
And that's going to do it.
Speaker 2 (37:42):
If you want to catch this one again, you can
find it online at repco light dot com or get
it wherever you get your podcasts now a few things
that I want to cover before I wrap up.
Speaker 1 (37:50):
A couple things.
Speaker 2 (37:51):
First off, remember that Regal Select, Ben and Aura interior
paints are all twenty percent off until April twenty nine.
Benjamin Moore is out there advertising this nationally as a
limit of three gallons, but at Repcolite we're not enforcing that.
You can buy as much as you'd like, So just
come on in and buy as much as you want
and you'll get twenty percent off on all of those
(38:13):
Regal Select, Ben and Aura interior paints goes till April
twenty nine, so it's good through next week Tuesday. Second thing,
check out Repcollites YouTube page. We've got a ton of
bonus content out there that we post. It's definitely worth
checking out last week's interview, for example with Keegan Summers
from Vivid Creative Contracting. It's out there, it's a lot
(38:33):
of fun, it's worth watching.
Speaker 1 (38:35):
Go check it out.
Speaker 2 (38:36):
Finally, I already mentioned the fact that this is a podcast,
but I'll say it one more time. Check it out
as a podcast wherever you get your podcasts, Apple Podcasts, Spotify,
wherever you go, you can find the Repcollite Home Improvement Show.
And then subscribe and you'll have access right off the
bat to over two hundred episodes going back quite a ways,
(38:56):
we've got over four hundred. I'm not sure how many
you can get on the podcast. Maybe you can figure
that out. You go check it out. It's worth it.
You will be so pleased with yourself for having done that.
All right, whatever you do today makes your paints a
part of it. And remember your next project is way
easier than you think it's going to be. Stop out
at any repcolite and let us help.
Speaker 1 (39:17):
All right, have a great.
Speaker 2 (39:18):
Weekend everybody, and I'll see you next week. I'm Dan Hansen.
Thanks for listening.
Well, good morning, everybody, Happy Saturday.
Speaker 2 (00:03):
You're listening to the Rep Call Light home improvement show
sponsored by Benjamin Moore. And I want to start with
something that I hope has happened to many of you.
I'd love it if this happens to all of us.
But anyway, the other day I had crumbs on the
kitchen table, and because of those crumbs, I ended up
culking around the tubs around in the bathroom. Yep, all
(00:25):
makes perfect sense. Let me explain how it all shook down.
I was walking through the kitchen through the dining room,
heading to the living room to enjoy some well earned
leisure time, and on my way, I spot this messy
spot on the kitchen table.
Speaker 1 (00:38):
You know, crumbs.
Speaker 2 (00:39):
Some little snacker had come through and enjoyed something a
little muffin or something, and left a whole bunch of
crumbs there like normal. So anyway, I can't sit on
the couch and relax while there's crumbs on the table,
so I go into the kitchen to grab a paper
towel so I can clean it off. But of course
the paper towel roll is empty. You know, nothing, there,
no big deal, right deal. I'm completely unflustered. At this point,
(01:03):
I head to the cleaning closet so I can grab
a roll of paper towels from my backup stash that
I keep there.
Speaker 1 (01:10):
So open that door.
Speaker 2 (01:12):
There they are up there, and somehow they're way up there.
I have no idea how I got them to a
shelf so high. There's no way I can reach that.
Speaker 1 (01:20):
I need.
Speaker 2 (01:21):
I need a reaching wand and I didn't have one,
So I must have thrown them up there when the
groceries came. I do a lot of that. I throw
a lot of our groceries into the higher areas. I've
gotten quite good at it. Anyway, I have got them
way up there. I can't reach them, so I need
a stool, all right, So I go to the other room.
I grab a stool. When I come back, I realize
I can't reach them, you know, even with this stool.
(01:44):
Unless I put the stool in the closet itself. I
can't reach them from outside of the closet with a stool.
It's got to be inside the closet. Well, the stool
can't go inside the closet while the vacuum's there, So
I pull the vacuum out of the closet so I
can put the stool in there. But before I put
the stool in there, I mean, this makes perfect sense.
Right before I put the stool in there, I notice
(02:06):
in the closet, all around the corner, which was previously
hidden by the vacuum, I see spiderwebs in all kinds
of little mess Well, I've got the vacuum out, and
I might as well vacuum those things up. So I
get the vacuum, you know, get the cord plugged in,
get the attachments on the hose out, and I vacuum
all around the corners of the closet. And it's immaculate.
(02:27):
It's a wonderful closet. You could eat off the floor
in that closet.
Speaker 1 (02:30):
And as I'm.
Speaker 2 (02:31):
Looking at that and admiring the work that I've accomplished,
I notice around the rest of the room, in the
corners and along the edge of the wall, there's kinds
of you know, little messy spots, you know, little cobweb piles,
or little dog hair piles, or little bits of dog hair.
Speaker 1 (02:46):
I don't know. Again, the house sounds like a hovel.
It's not.
Speaker 2 (02:50):
But the corners weren't great, you know, to be honest,
the corners weren't great. So I got the vacuum out.
I might as well vacuum around everything. So I go
around and I get all these little spots out.
Speaker 1 (03:00):
Of the main living room that I was working in.
Speaker 2 (03:02):
Well, the minute I get done with that room, it
kind of bleeds into another room. All the rooms kind
of bleed together. So I'm finding myself working down the
hallway vacuuming all of those things. I end up going
through a huge chunk of the house, vacuuming all of
this gunk and whatever out of, you know, around the
edge of the wall. Well, as I'm nearing the end,
(03:23):
I notice on the base board there's one little section
where there's a nail that's kind of you know, the
nailhead has come out. You know, somebody could snag something
on that. They could snag a sock on that, and
then we'd have a sock with a hole in it.
That's unacceptable. So I've got to get that nail back in.
So I try to push it in with my finger,
but no, no going. I'm gonna need a hammer. So
(03:44):
I head downstairs. But when I get downstairs where all
the tools are, I get to my workbench, and I
find this bag sitting on the workbench.
Speaker 1 (03:52):
Where in the world did this bag come from? I'm
confused about it. I look at it.
Speaker 2 (03:56):
Oh, then I remember instantly, this is the calk that
I bought two months ago when I got rid of
all the calk around my bathtub.
Speaker 1 (04:04):
You know, I talked about it on the show here.
Speaker 2 (04:06):
I did all of that, and then I had to
let it dry for a little bit cause I got
it very wet as I cleaned it, and I didn't
want to calk it while it was wet let it dry,
and I forgot to get back to it with the cock.
Here's my call, I might as well go up and
do it. So I calked the bathtub surround all because
I had crumbs on the kitchen table. Yeah, that's how
(04:28):
my brain works. I don't know if that's normal or
if it means I've got some sort of you know,
what is it, attention deficit disorder going on. I'm sure
I've got something going on. I mean that much is
very clear to me. Something's going on up there. I'm
not sure what it is. Anyway, I did all of that,
and the whole thing was really depressing because once I
finished with the calking. I was tired, I was exhausted.
(04:51):
I had done so much other work. And when I
came up from the basement after putting the calking gun
away and all of that, I realized I still had
the vacuum sitting out, the nail was still sticking up
out of the baseboard, the stool was still in the
middle of the room, the paper towels were still way
up high in my closet, and the crumbs were still
on the table. So let's get to the paint point
(05:11):
in all of that. And it's something that I'm gonna
call the prep trap. Now, sometimes people skip prep entirely,
and that's a mistake. But there's another trap. You know,
when you start prepping, sometimes that prep works spirals out
of control. And here's how it happens. You know you're
gonna paint your bedroom, right, so you start by moving
out the bed and suddenly, of course, you unearth an
(05:32):
entire warren of dust bunnies, you know, old socks, forgotten boxes,
who knows what. So you vacuum all of that stuff up,
you organize, you do your laundry, and then you start
taking pictures up the walls.
Speaker 1 (05:43):
You know, so you can get at the.
Speaker 2 (05:44):
Walls now and you realize the pictures are dusty, all
the frames, they're really dusty. I can't live with this,
so you clean those two. Next you try to, you know,
finally start wiping down the walls, but the nails from
all the pictures that were hanging up they keep snagging
your little wiping rag. So you got to pull all
of those, which you should have done anyway, but you know,
now is when you finally catch it. So you start
(06:04):
pulling those out, but it turns out your walls they're plaster,
so four of those nails pull great big chunks of
the wall off with them. Now you've got those repairs
to do, and then you notice there's cobwebs on the
ceiling and a possible water stain that all of a sudden,
is there is that old?
Speaker 1 (06:19):
Is it new? Who knows?
Speaker 2 (06:20):
You crawl into the attic. You know, if you're like me,
you're crawling in the attic at that point. I got
to know if it's old it's new. And thankfully, let's
say you find out it's old. But now you've seen
it and you can't unsee it, so you go get
primer from the store. By the time you're back, your
room's still torn apart. You've been working for three hours
and not a drop of paint is on the wall.
Prep is essential, but don't let it become a trap.
(06:42):
Plan your prep in stages. I think this is some
of the best advice I've ever given, and I repeat
it from time to time. Break the prep up over
the course of a week, aiming to paint on a Saturday.
So Monday, take down the pictures and pull the nails. Tuesday,
patch the holes and broom off the ceiling, clean up
the cobwebs. Wednesday night you like, sand down the patches
and wash the walls. Thursday night you wipe down all
(07:03):
the trim. Friday night you move your furniture out, you
clean under the bed, and you tape what needs taping.
Then by Saturday morning, when that dawns, you're ready to
start painting. You can start bright and early, and you
can get straight into the heart of the work.
Speaker 1 (07:16):
And that means that you're going to put yourself in the.
Speaker 2 (07:18):
Best you know possible situation to complete the work by
the end of the day, if not by noon. And
because you've done the prep in twenty minute to hour
long chunks on different days throughout the week. You're not
going to feel as overloaded on painting day as you
might have felt otherwise. You're actually going to find that
you're ready to paint, you know, emotionally and mentally fresh.
Speaker 1 (07:38):
You know you're ready to go.
Speaker 2 (07:39):
It sounds dumb, but we've all done it hours and
hours of prep and then we still have to paint
the room. You know, that's not a situation where you're
usually going to accomplish your best work. So avoid the
prep trap, plan the prep in stages, stay focused.
Speaker 1 (07:52):
And you'll have great results.
Speaker 2 (07:53):
All right, let's take a break when we come back
up in the studio with realtors Ginger Herman and Suprans.
Speaker 1 (07:58):
That's next. Stick around and back.
Speaker 2 (08:05):
You're listening to the Repco Lighte home improvement shows sponsored
by Benjamin Moore, and right now I'm joined by Superans
and Ginger Herman from Suprince Group five star real estate leaders.
Speaker 1 (08:16):
Right, Sue, you got it?
Speaker 2 (08:17):
I know, but I paused for a second because I
wasn't sure if it was.
Speaker 1 (08:22):
I couldn't remember. Are the leaders the leaders?
Speaker 2 (08:25):
Let's make that leaders all right? See you guys work
out of where what area?
Speaker 1 (08:29):
Do you cover everywhere?
Speaker 3 (08:32):
No, you just kidding, I don't. I don't want to
drive to Detroit for anyone.
Speaker 1 (08:37):
Detroit, how much of West Michigan.
Speaker 3 (08:40):
All over up to Newego, as far over as like
lowell Ionia down to Saga tak Door. Yeah, like all
over all. Right, so you guys go radius of Green Rabbits.
Speaker 1 (08:53):
Big radius. So you guys cover all of that area.
Speaker 2 (08:56):
You've been in the studio plenty of times, Ginger, you
were here alone time because Sue was in somewhere warm, which.
Speaker 1 (09:04):
Sure would be nice. Eventually we'll happen.
Speaker 4 (09:06):
I felt punished about that.
Speaker 3 (09:08):
You should do, guys. We were freezing in the studio.
Speaker 1 (09:12):
Yeah, yeah, yeah.
Speaker 2 (09:13):
Anyway, anyway, we talked about the state of the market,
where things were at, how you know what spring was
going to look like.
Speaker 1 (09:20):
And then I think.
Speaker 2 (09:21):
Three three weeks after that aired, Ginger reached out and said,
you know, I don't know there's things are moving even quicker.
Speaker 3 (09:27):
So no, it was like three days, Dan, I was
I was trying to be nice, like, I was like,
oh man, this is we need to do another one.
Speaker 4 (09:34):
Already drenching is now out of style.
Speaker 2 (09:38):
All the style she gave our fine but man, the stadium.
Speaker 4 (09:42):
The market got crazy.
Speaker 2 (09:44):
Where are we at? You know, what's the situation out
there right now?
Speaker 3 (09:50):
We look at it either because it's so we want
to touch that.
Speaker 4 (09:55):
No, No, it's it's this is our exciting time. So
it's it's busy again. I would say that is it?
Is it as busy as last year?
Speaker 5 (10:04):
I don't.
Speaker 4 (10:05):
I don't think so.
Speaker 3 (10:05):
I feel maybe maybe slightly less busy than last year. Yeah,
very busy.
Speaker 4 (10:10):
Yeah? Are we talking like a campfire opposed to a bonfire?
Speaker 3 (10:14):
Yeah, that's a great putting it. And when we say busy,
we still mean it's this strong seller's market and there's
low inventory and a lot of buyers that are looking
to purchase homes. So we're still in the multiple offers,
prices going way over if it's priced accordingly. Right, that's
what we mean by busy.
Speaker 2 (10:33):
Okay, So, like you said, I was letting you have
three weeks before things went off the rails.
Speaker 1 (10:38):
You said it was three days. Felt like what changed
in those three days?
Speaker 2 (10:43):
What are the things that you noticed? Were these major
changes that you wanted to talk about.
Speaker 3 (10:47):
I think a big one was in that week that
it got crazy. The weather started to warm so like
snow melted and we saw some days of like forties fifties,
and it was it was very short lived, but I
think everyone got that jump to like, Okay, I'm I'm
now ready. I'm ready to start cleaning up my house.
(11:08):
I want to start looking at houses. That's kind of
the only thing I can think of way back then,
just because we typically always hit a spring market close
to March, but that was in February.
Speaker 1 (11:19):
So I so that was what you saw. It just
hit quicker.
Speaker 3 (11:22):
Yeah.
Speaker 4 (11:22):
Yeah, Well, all it takes is a few warming, warm
days called a warming trend, and it feels like, oh
spring is coming, the warm weather, and it just brings
everybody out of the wood work.
Speaker 3 (11:34):
Because rates didn't really change, maybe very slightly, so that
that's not what brought buyers out. I think it was
the warm weather.
Speaker 1 (11:41):
Okay, so the buyers are out spring, What did the cellar?
I mean, are there? What's the inventory look like? I mean,
is it it's low?
Speaker 3 (11:49):
It's low.
Speaker 4 (11:49):
Yeah, I think it's That's where I'm comparing the campfire
to the bonfire. I feel like the inventory is higher
than it was last year, but overall it's low. I mean,
what I think I saw a one month supply of inventory,
and I think this time last year was even lower
than that, which is I mean houses were lasting about
(12:11):
seven days on the market, and the average right now
is fourteen. So you see it's still.
Speaker 1 (12:17):
Still are still way up there.
Speaker 4 (12:20):
Yeah, prices are still way up. I think what's changed
a lot is we talked about this the other day.
Inspections are back on the table, not so much for
the lower like first time buyer range, where we're seeing
more multiple offers than maybe just three or four or
maybe no multiples, but still.
Speaker 2 (12:40):
Get so first time buyer range. Let's talk about that second.
You're saying that in those instances you're not seeing inspections
getting done because there's multiple offers coming in.
Speaker 4 (12:49):
Yeah right, yeah.
Speaker 3 (12:51):
Yea under three hundred thousand is tough out there.
Speaker 2 (12:55):
Okay, No, so under three hundred thousand is first time
buyer range.
Speaker 4 (12:59):
Yeah, yeah, like we just yesterday, Okay, not that way.
Speaker 1 (13:06):
So it's a heartbreak.
Speaker 4 (13:07):
I wish because I wish sure people could see that
face it was.
Speaker 1 (13:12):
I mean we were in the sixties. Yeah, wow, three hundred.
Speaker 5 (13:17):
Thousand dollars, baby, wow, you're looking at it and you
should see what you can get for like, comparatively for
the two fifty to three hundred range to the three
fifty eight to four fifty range, it's quite different, like.
Speaker 2 (13:34):
Really good, you're getting really good stuff in the two
fifty to three fifty range yourself.
Speaker 1 (13:39):
It really is like those are yeah that I feel
you're waiting inspections, which yes, wait, I know.
Speaker 4 (13:46):
I was just gonna say. We heard yesterday in our
meeting one of our team members went through a property
and there was like over what did she say, ninety
showings and thirty five or whatever? Offer thirty five thirty
six offers on the table and that was that first
time buy R range at Grand Rapids listing, you know
(14:06):
it was she said it was a decent house, but
it's gonna need stuff, you know. So so you think
about you're gonna write an offer and you're competing with
thirty four thirty five other people. You have to make
that offer really strong and really cleans winnable.
Speaker 1 (14:25):
What does that mean?
Speaker 4 (14:27):
Well, when we're saying inspections are off the table.
Speaker 1 (14:30):
Use any curse words.
Speaker 4 (14:32):
Exactly, all right, not not a lot of extras, right
or no extras. Not to say you can't get inspections
because We've talked about this before in your studio, that
you can do the pre offer inspections where you're getting
inspections ahead of writing your offer. So it's not like
you know they're as well. You're just making sure to
(14:53):
take precautions that you know you're gonna you're gonna buy
right and not buy something that needs some thing more
than what you're willing to put forth in it, as
you know, extra money or maintenance. So we're yeah, we're
seeing clean as being like maybe they're giving them everything
(15:14):
the sellers everything they want as far as possession.
Speaker 3 (15:16):
Days and which means time in the home, time time
in the home.
Speaker 4 (15:20):
Yeah, their price, their price that they well and more right,
their price and more. We're not going to be begging
for extra things in their home or like I said,
the inspections. Will will waive the inspections, but maybe with
a pre offer inspection. And that's I mean, we never
encourage you to not get inspections. We've talked about that too.
(15:41):
It's really we want them to have inspections. But it's
all about how do you want to win it? So
here's some strategies to win.
Speaker 3 (15:48):
It and how that usually goes down I'll have a
buyer say what do I have to do to get
this house? And there's there, you can see it in
their eyes. There's desperate, the craziest desperate eyes right there,
what I have to do? And then I have to
tell them, all right, you got to go way over
on price. You gotta wave inspections, and we might have
to pay over a praisal value. And that's just the you.
Speaker 1 (16:08):
Keep smelling salts in the car to wake people up.
Speaker 3 (16:11):
After that, Yes, they might throw some punges.
Speaker 1 (16:15):
That's all right, holy smoke.
Speaker 3 (16:17):
But that's why to SU's extent, or to Sue's point,
that you need an expert on your side because if
you are competing, whether it's you're competing against three people
or thirty eight people, you need someone that knows this
market and that knows how to write the contract to
get you the house, because otherwise you don't you've never
seen the contract before and you don't know, I don't
know what the trends are out there.
Speaker 1 (16:38):
So that's that's first time buyer.
Speaker 2 (16:41):
That's what we were kind of looking at. Their inspections
are at least happening in the in the other levels
a little bit or at least that can be up.
Speaker 4 (16:50):
Yeah, I'm seeing more of that and that above four
hundred price range.
Speaker 3 (16:56):
Yeah, and I think it. I don't like that you
use this term alot on this show, but I always
say it depends because it truly does. It depends on
the state of the house. If it's really run down,
you're going to see more offers place inspections on that house.
If it's very clean and they've replaced some of the
big mechanicals that are the big ticket items that people
don't need to worry about anymore. So it truly just depends. Yeah,
(17:20):
but you do we have seen this year twenty twenty five,
we've seen more inspections on offers be accepted rather than
than being.
Speaker 1 (17:30):
Okay, well that's at least in the positive direction. Yeah,
so inventory's law.
Speaker 2 (17:35):
You don't anticipate a huge bump in that coming up.
I mean, how do how do sellers look at springtime?
Do they well on the market?
Speaker 3 (17:42):
Can You asked me a little bit ago what was
the speed up of the spring market. I think a
big part of that was also, yes, the weather was turning,
so then more sellers want to list their house on
the market. I'm just thinking about my own sellers that
listed their homes in like late February, early March. I
had a lot of people see same idea, playing game idea. Yeah,
so we just simply had more home starting to hit
(18:04):
the market.
Speaker 1 (18:05):
It's nice out. I hate living here. I'm going to
go somewhere else.
Speaker 3 (18:07):
Yeah, okay, and we'll continue to see more inventory hit.
We always have a slight slow down when school gets out.
You have people that are going on vacation or you know,
prepping for summer months, whatever it may be. So we
might have a little bit of a slow down, but
it's just.
Speaker 1 (18:22):
Go down in the buyers making it inventory.
Speaker 3 (18:25):
Yeah, so sellers maybe hitting the market, but I think
that we're going to from here on out. It's like
a lender yesterday said, all right, our football season is
March to November. So here we were in it. Yeah,
and we're going to be in it, like you said,
close to November time.
Speaker 2 (18:39):
All right, Well, let's take a break, ame inute, and
then I want to come back on the other side
and talk about maybe a couple of strategies. But then, also, Sue,
you made a phone call to me that was you
were pretty frustrated.
Speaker 4 (18:51):
Crying and whining and whining, and we're going.
Speaker 1 (18:54):
To talk about that in just a minute. Stick around
and we're back.
Speaker 2 (19:02):
You're listening to the Repico Lighte Home improvement show sponsored
by Benjamin Moore, and I'm in the studio with Ginger
Herman Suprins from Suprince Group, five star real estate leaders.
We're talking about the state of the market. You guys
come back on the show maybe four times a year,
five times a year and kind of give us an update.
And so far the update has not been terribly terribly wonderful.
(19:24):
This time, it's better than it was last year. Things
are looking a little better, but inventory is still low.
You know, if your first time buyer, get a realtor.
Speaker 1 (19:34):
That's the very first thing.
Speaker 3 (19:36):
Yeah, best piece of advice.
Speaker 2 (19:38):
I'll look into and they will help you navigate whatever's
out there for you.
Speaker 4 (19:43):
Yeah, the contracts are so complicated, right and how how
would you know how to do that on your own?
Speaker 1 (19:49):
Right?
Speaker 2 (19:49):
So, with all of that said, like some strategies, you know,
and I know there's not too much maybe there's not
too much different from last time. You know, maybe it's
just get pre approved, figure out, you know whatever. But
if somebody's in that boat maybe two months ago when
you were on Ginger, they weren't in that boat. So
really quickly, what are the best strategies if you're looking
to get into this market and snag a house.
Speaker 3 (20:10):
You're asking me to give away all my secret?
Speaker 2 (20:12):
Yeah, no one, and then the rest they'll have to
come to you.
Speaker 1 (20:17):
To get Yeah.
Speaker 3 (20:19):
Can I bill you for my time?
Speaker 1 (20:21):
Absolutely? Okay, I checks bounce, but you can bill all
you want.
Speaker 3 (20:26):
So you want me to give you the best strategy.
Speaker 2 (20:29):
For I'm just thinking if I'm trying to buy a house, like, okay,
let's make it very personal. My kid is going to
be buying a house, first time house.
Speaker 3 (20:36):
First question, is he going to call one of us?
Speaker 1 (20:38):
Of course he's going to all right, go ahead. What
is the best thing for him to do?
Speaker 2 (20:44):
Is it I've already told him, you got to go
get pre approved for long. I mean it's number one
where everything starts. That's the best place to mm hmm.
Anything else that you would tell him?
Speaker 3 (20:52):
How I would approach this is I would probably start
after he gets a pre approval, is like, how much
money do you have to work with? And then let's
ask allocate that where it's going to best fit the
offer that we're writing. Meaning if he let's say he
wanted to put twenty percent down on a house, I
might say, well, maybe we can cut that back to
ten percent and use those extra funds to pay over
(21:15):
appraisal on a house if it got to that point. Right,
that's just one example, and that's not going to be
for every house that we would write on. But I
would want to sit down, how much money do you
have to work with? Depending on the house that we're
writing on, we might want to move, you know, those
funds into different categories to get the house. That could
even be you might want to cut down on your
down payment and wave inspections, and now you have a
(21:36):
little cushion fund to if you move into the house
and hope the furnace is actually you know, going to
die soon, now you have the money to pay for
that furnace. Does that make sense?
Speaker 1 (21:45):
Yeah?
Speaker 4 (21:45):
I one hundred percent agree. You almost work backwards from
the funds that they have into how we're going to
structure the offer, and we can write offers very creatively
based on that.
Speaker 1 (21:57):
So all right, So that's all right.
Speaker 3 (21:59):
So we didn't give you a ton there because we
don't want to give away all of our See, we.
Speaker 4 (22:02):
Don't want to talk about our creative ways.
Speaker 1 (22:05):
And that's why go get a realtor.
Speaker 2 (22:06):
I mean, even once you said right off the bat
is just allocating the funds and doing all of that.
The house I bought, I think that the one I'm
in now, we used to realtor.
Speaker 1 (22:14):
The first one. You know, we didn't.
Speaker 2 (22:16):
We just did it on our own and we muddled
through it and had no idea what we were doing.
So I think that's really good advice. Let's okay, go ahead.
Speaker 3 (22:24):
No, I was just gonna say, to the extent, it's
not just writing the offer either. So you need a
realtor to be there during the pending process because what
if something goes and I'm looking over a sewer right
now because.
Speaker 4 (22:38):
We are sweating now.
Speaker 3 (22:39):
We have had I probably can't swear in here. We've
had a bleep of a month, both of us, with
just some doozies of sales where we've had stuff come
up that it's like, now we got to work through this.
Now we got to work through this sort.
Speaker 1 (22:54):
Of get to that.
Speaker 2 (22:55):
Because that was Sue's phone call to me, just okay, well,
here's what I think we should talk about because this
is going on and talk about what's going on.
Speaker 3 (23:04):
You started to, yeah, go ahead to you're the one
calling and complaining, you're the one.
Speaker 4 (23:10):
Well, yeah, no, I just was like, you know, I
think a lot of people who are jumping into the
onto the dance floor that are either going to be
buying or selling or not necessarily thinking about there's a
lot of cogs and wheels that are in motion when
you write a contract, and so, yes, problems can occur,
(23:31):
you gotta have the stomach for it. And I don't
want to have this part of this segment put any
fear into anybody from you know, wanting to purchase or
wanting to sell, because you know, this is what we're
here for, this is what the experts are here for,
is to help the transaction to go smoothly. And sometimes
our buyers and sellers, I know you would agree, gender
(23:52):
they don't even know sometimes what's going on behind the scenes.
That's making us freak out right what is going on?
Speaker 1 (23:57):
So, but what did you know? Give us some idea
so that people out there understand a little bit about
what you're talking.
Speaker 4 (24:02):
Well, I'll just give you an example. Stories are fun
once you've gotten to the other side of it, right.
So I had a probably the day that I called you,
I had a appraisal go away south, meaning that it
came in much much lower than what the purchase price was,
almost fifty thousand dollars lower.
Speaker 3 (24:20):
Which is a big deal because the bank is no
longer going to give that buyer the loan the loan
because it came in so low.
Speaker 2 (24:28):
Okay, so the sellers aren't saying, oh, man, I guess
we just overcharged the price dates.
Speaker 1 (24:33):
What it was. Now the financing doesn't work.
Speaker 3 (24:35):
Now, It's like, all right, so I'm going to come
up with the extra money or what are we going
to do down to that price?
Speaker 1 (24:40):
Right?
Speaker 3 (24:40):
So both sides are like.
Speaker 4 (24:41):
What are we going to do?
Speaker 5 (24:43):
Right?
Speaker 4 (24:43):
My seller did not know when that happened, because I
first was going to look at the appraisal and make
a decision whether is there any more that I can
contribute to it? Because I did my homework to price
a where I priced it and I felt confident with it.
So I'm like, what did he come up with that
I didn't see? I did find a mistake. It wasn't
(25:04):
actually wasn't his mistake. It was a compt that he
used was I'm sorry the appraiser. I apologize so that
the comp that the appraiser used one of them, it
was inappropriate in that there was misinformation on it. I
did some digging and like, oh, that square footage was
was wrong. It was totally off and he just went
(25:27):
based on the report, you know, the listing. So I
did find that, and I also found a couple other
comps that he hadn't used. So I very carefully disputed
his appraisal, which were which we can right. So I
brought that to attention of the appraiser. He was very
kind and was willing to take a look at what
(25:49):
I was bringing to the table. And then then the
the buyer agent was also thankfully in our corner as well.
She's like, I know soe that that was a low appraisal.
My buyer is coming to understand that too, as I
have been speaking to her. So we were all working
together for the same thing. But the buyer did have
(26:12):
the right to walk away.
Speaker 1 (26:13):
That one the buyer can walk away from. What happened
was yeah.
Speaker 4 (26:17):
So when I brought my comps and presented that the
mistake that the that was on that listing card, the
appraiser did adjust it, and he didn't bring it up
to where I felt that he should have. But that's okay.
The buyer was willing to come up with the extra
cash because she wanted it bad enough that she was
willing to do that. So somewhere in that process, I
(26:41):
finally contacted my cellar and said, here's what's going on.
The appraisal came in low, but here's what we've done
to get the wheels hopefully moving forward, to help her
to not panic too much. And then you know, we
worked from there and were able to resolve it.
Speaker 1 (26:57):
So that one worked out.
Speaker 4 (26:58):
So that one it worked out. There was a lot
of stress involved, but it worked out.
Speaker 1 (27:02):
You talked about another instance.
Speaker 2 (27:04):
I don't know if it was an experience that you
had or if it was just you know, hypothetical, but
you talked about a buyer. You know, they put money down,
they've signed an agreement, but it changed their mind for
whatever reason. And you were saying to me on the
phone that people don't realize, and I didn't realize that
I'm not just out the money I've put down. Yeah,
this was a contract of sorts contract Yeah, yes, yeah,
(27:28):
bought that a little bit.
Speaker 4 (27:29):
Yeah, when buyers and sellers sign a contract, it's a
legal document, and so what you're saying on there, from
price to all the different terms, when it's written that way,
that's the way that it needs to be carried out.
Otherwise there could be what's called a breach of contract.
And in that case, there was a breach of contract
in that.
Speaker 1 (27:48):
So this was a real situation.
Speaker 4 (27:50):
There was a real situation. There was a breach of
contract in that the buyer, let's call her buyer Betty,
decided to back out of the contract for personal reasons.
Seller Sam was the names have been changed to protect
We used to watch that show Done Don't Done Dragon
(28:12):
That right taken me back, But it's like these are
real stories, but the names have been changed to protect
the innocent.
Speaker 1 (28:19):
Seller.
Speaker 4 (28:20):
Seller Sam was definitely not having it, Like, Okay, I've
already paid for my moving people to come I have
already hired a state people to come in. I have
already made some inspections, concessions, I've fixed things that the
buyer wanted me to fix that maybe they wouldn't have
had to. Also, what if the what if Seller Sam
(28:42):
didn't get let's say we relisted it and seller Sam
didn't get the same price a much lower price. These
could all potentially be consequences for the buyer if the
seller decided to pursue.
Speaker 3 (28:55):
The buyer after the buyer would fully walk away from
the country.
Speaker 2 (28:59):
Yeah, they would lea.
Speaker 3 (29:03):
Yeah.
Speaker 4 (29:04):
So, I mean it's our job as the real estate representatives,
the professionals, to say, Okay, here's your options. And in
these cases, we're gonna say gender and I I know
we are. We're going to say it's time to seek
legal advice because we can only take that so far
because we don't know at the end of the day,
what will a judge say if you go back and say, ah,
(29:26):
you're gonna you're gonna owe me and you're gonna owe
me this, this, and you know, X, Y and Z
for all the money and you know, and they're gonna
go no, I just I'm just going to be out
my my deposit. In fact, that's a letter we got.
It was like, we're going to walk away for personal
reasons and you can keep our deposit, which.
Speaker 1 (29:42):
Was you were you were representing Sellar Sam.
Speaker 4 (29:45):
I was representing Sellar Sam. Yeah.
Speaker 3 (29:47):
So a lot of contombers out there think they will
only lose their earnest deposit that they've put down on
the sale. But the truth of it is you could
lose more than that. Yeah, if the other party seller
you know so.
Speaker 1 (30:01):
Much, Sam two.
Speaker 3 (30:03):
Or yes, if someone else wants to pursue you. Unfortunately,
that's going to take legal course, and that's a crappy
way to go down, right, But they could seek out
for their funds if they wanted to.
Speaker 2 (30:16):
Okay, So backing out of a purchase agreement, that's not
a simple process. But I do know there are situations
where a buyer can legally back out of an agreement,
and I want to talk about some of those after
a break.
Speaker 1 (30:27):
We'll be right back, and we're back.
Speaker 2 (30:35):
You're listening to the Repco Light Home Improvement Show sponsored
by Benjamin Moore, and I'm in the studio with Suprins
and Ginger Herman from Suprins Group, five Star real Estate Leaders,
and we've been talking about the state of the real
estate market, but more specifically, in the last segment, we
were kind of digging into some of the legal complications
that could arise if a buyer backed out of a
(30:57):
purchase agreement. Now it's not as simple, is it. Sometimes
seems it's not just giving up your earnest money deposit.
There are actually legal ramifications. So we talked about that.
I'm curious if there are times when somebody can back
out of a purchase agreement without running into legal woes.
Speaker 4 (31:14):
Now, there would be legal reasons why a buyer could
back out that are provisions in the contract that says
they can with inspections. For example, we talked about when
inspections are on the table and they say they write
in we want five days to do our inspections. If
(31:34):
they back up, they if they wanted to back out
within those five days, they legally can do that if.
Speaker 3 (31:39):
They found something new on the house that they didn't
you know, see the first time around.
Speaker 4 (31:44):
They also can back out from a contract if they're
financing changes or the lenders not able to to make
this mortgage work and you know, even though they got
an approval letter, maybe something came up that you know,
the lender was not aware of, or their financial situation change,
they lost a job. You know, that that allows for
(32:05):
and out for the buyer. Also, things like what if
something showed up with they ordered a survey and something
showed up, you know, in a survey or in title,
there's there's many provisions or are.
Speaker 2 (32:17):
Those things written in or that's just always written in
or that's understood that those things.
Speaker 3 (32:22):
A little bit of both. Yeah, I would say it's
not understood. So it's either already written in our contract
or me and Sue are writing them in our contract.
Speaker 4 (32:31):
Yeah. I will tell you that. The story between Buy
Your Body and Seller Sam, it worked out. We ended
up going to a closing fact it closed last week.
But the thing is is that both parties, I know,
even even by your buddy, who wanted to back out
for personal reasons, they were both very thankful that they
(32:54):
had professionals on their side because because Buy your Buddies
agent was a able to talk her off the ledge,
help her through what she was dealing with, and I
was able to help sell her Sam with how do
we navigate this when we involve the attorney. Attorney wrote
a letter and said, you you signed a legal contract.
You you are breaching contract. I don't think by your
(33:17):
buddy really understood like, oh I can I can change
my mind. You know something, something's changed in my life
and you know so.
Speaker 3 (33:25):
Well, let's say you weren't two realtors or even one
realtor involved, that could have just then been a dead deal,
right right. Buyer and seller don't know they bet you know,
buy her buddy things. Yeah, I can just back out,
and sellers like, okay, I guess they can, right, and
then it's done. But if now that you have realtors involved.
Speaker 4 (33:45):
No judge can force a buyer to buy or a
seller to sell, but a judge can enforce consequences. Okay,
And so uh yeah, we started to travel down that
road and think and things changed. But I will tell
you that that be ending is that I was there
when she walked through the home before she purchased it,
(34:05):
and she was very happy and very excited, I think relieved.
And again I think that was partly her team, her agent,
her lender, helping her through whatever she was dealing with.
Seller Sam was very thankful that I was there to
just handle the reins and guide her through. Here's your options,
here's your steps, what would you like to do with those?
(34:27):
And I'm here for you to carry out your wishes.
Speaker 2 (34:30):
Big takeaway is, yeah, once you get to that point,
things are serious. It's not just you know, I didn't
realize that, you know, it all makes perfect sense looking
back in it. Yeah, but yeah, you figure you put
your money down, but something changes as well. I know
I'm forfeiting that, but didn't think about all the other
all the other ramifications that take up place.
Speaker 4 (34:50):
Yeah, and there can be that was a big story.
I told there can be just small little things like
we talked about earlier, that are happening behind the scenes,
that were care Maybe maybe there's there's an issue in
title or you know, I'm thinking of there was something
that turned up really weird about a survey line where it's, oh,
it's three inches over. The survey showed where there was
(35:12):
an encroachment and it's just like three inches over. We
still need to figure out how do we deal with that? Right,
Some some things are very small and behind the scenes
we're thinking, Okay, here's what here's what we need to do,
here's here's the next steps. And maybe sometimes we will
advise our buyers, our sellers, and sometimes not, we'll just
resolve it if we can resolve it.
Speaker 3 (35:31):
So I think two big things after all those stories
is one a lot of I kind of view it
as we get paid to be problem solvers in creative
and because we're veterans of the of the industry. We
know how to be creative and how to problem solve.
And second, I like that Sue started out this story
(35:52):
with we're big at the Superhins team of we are
already trying to figure out the solution before we're that
problem to our buyer or our seller. I don't like
to cause them stress. We're always stressed.
Speaker 4 (36:05):
Yeah, we'll carry it.
Speaker 3 (36:07):
We take on the anxiety and the stress of our clients.
That's on purpose. We want we want it to look
like this was a seamless sale right for them. So
we hear about a problem, we're we're going to do
some research into it, we're going to have a course
of action. Then we're going to probably bring it to
the client and be like all right, here's what's up,
here's how we're going to fix it, and here's how
we're going to get through, rather.
Speaker 1 (36:26):
Than guess what. Yeah, yeah, right.
Speaker 3 (36:30):
We don't want to do that.
Speaker 4 (36:32):
Yeah, I know. I got several texts from seller Sam,
so thankful that you're handling this, you know, so thankful
that I don't have to carry all this by myself
right now, because even some of the details of the moving,
the moving people and the state people and all that
(36:52):
we had to work through timing. Do we put it back,
do we put it back on the market. What if
we put it back on the market, how will that look?
Speaker 3 (36:59):
You know?
Speaker 4 (37:00):
And just making sure I got your back. If we
do this, this is what's going to happen. And I
got you.
Speaker 2 (37:07):
So if our listeners out there are thinking, I want
to be the next seller Sam.
Speaker 1 (37:12):
Or maybe I want to be buyer Betty, but I
want to do it right. But I want to use
you guys, how's the best way for them to get
in touch?
Speaker 4 (37:18):
My Sollo is six one six seven two three two
four zero zero.
Speaker 3 (37:22):
Gingers is six one six, six three three five eight
eight zero.
Speaker 1 (37:27):
All right, Well, I know you guys have appointments, You've
got things to do. You walked in and some more
problems solved. Do We've got to get out of here
on time, So I'm releasing you on time.
Speaker 3 (37:36):
Thanks for being here, No, thank you so much.
Speaker 4 (37:38):
We love it. We love coming in and see yan ya.
Speaker 1 (37:41):
And that's going to do it.
Speaker 2 (37:42):
If you want to catch this one again, you can
find it online at repco light dot com or get
it wherever you get your podcasts now a few things
that I want to cover before I wrap up.
Speaker 1 (37:50):
A couple things.
Speaker 2 (37:51):
First off, remember that Regal Select, Ben and Aura interior
paints are all twenty percent off until April twenty nine.
Benjamin Moore is out there advertising this nationally as a
limit of three gallons, but at Repcolite we're not enforcing that.
You can buy as much as you'd like, So just
come on in and buy as much as you want
and you'll get twenty percent off on all of those
(38:13):
Regal Select, Ben and Aura interior paints goes till April
twenty nine, so it's good through next week Tuesday. Second thing,
check out Repcollites YouTube page. We've got a ton of
bonus content out there that we post. It's definitely worth
checking out last week's interview, for example with Keegan Summers
from Vivid Creative Contracting. It's out there, it's a lot
(38:33):
of fun, it's worth watching.
Speaker 1 (38:35):
Go check it out.
Speaker 2 (38:36):
Finally, I already mentioned the fact that this is a podcast,
but I'll say it one more time. Check it out
as a podcast wherever you get your podcasts, Apple Podcasts, Spotify,
wherever you go, you can find the Repcollite Home Improvement Show.
And then subscribe and you'll have access right off the
bat to over two hundred episodes going back quite a ways,
(38:56):
we've got over four hundred. I'm not sure how many
you can get on the podcast. Maybe you can figure
that out. You go check it out. It's worth it.
You will be so pleased with yourself for having done that.
All right, whatever you do today makes your paints a
part of it. And remember your next project is way
easier than you think it's going to be. Stop out
at any repcolite and let us help.
Speaker 1 (39:17):
All right, have a great.
Speaker 2 (39:18):
Weekend everybody, and I'll see you next week. I'm Dan Hansen.
Thanks for listening.
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.