September 4, 2025 • 32 mins
What happens when your home doesn't sell as quickly as you'd hoped? Across Western North Carolina, a growing trend of "accidental landlords" is emerging – homeowners who pivot to renting when their selling plans stall. But before you hand over the keys to tenants, there's much more to consider than just collecting monthly rent checks.
The George Real Estate Group unpacks this phenomenon against the backdrop of today's evolving market conditions. Despite headlines suggesting market crashes, Henderson County's real estate landscape tells a different story: steady average home prices around $540,000, approximately 126 single-family homes selling monthly, and days on market increasing from 20-30 days to a still-healthy 60 days. This isn't a market in free fall – it's simply adjusting to a more balanced rhythm.
For sellers contemplating the landlord route, we explore the hidden costs that often surprise first-time landlords: insurance premiums typically 25% higher than standard homeowner policies, property management fees averaging 10% of rental income, maintenance responsibilities, and the financial impact of vacant periods between tenants. These considerations transform what seems like a simple backup plan into a significant business decision requiring careful evaluation.
Strategic pricing remains the most effective approach for sellers in today's market. With inventory levels at five months (compared to over two years during 2010-2011), properly priced properties continue attracting buyers. Your listing's first 24 hours represent the critical window for capturing buyer attention – standing out from similar homes through professional marketing, photography, and competitive pricing creates the conditions for success even in a shifting market.
Whether you're celebrating a growing family, navigating a job relocation, or managing a loved one's estate, we approach each situation with the understanding that real estate happens around life's most significant moments. Connect with us for a confidential consultation to discuss your unique circumstances and develop a strategy tailored to your specific needs.
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Episode Transcript
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Speaker 1 (00:00):
Hello friends, thank you so much for being here.
This is the George Real EstateGroup podcast, which is a
production of our live weeklyradio shows hosted on multiple
radio stations here inHendersonville, north Carolina.
The George Real Estate Groupserves Western North Carolina
and upstate South Carolina andit is a privilege to share
positive news about our localreal estate market and community
(00:23):
.
Thanks so much for subscribingand, of course, if you have any
real estate questions or if wecan help you in any way, be sure
to reach out.
Visit us atgeorgerealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
(00:45):
radio broadcast here on WHKPEvery Thursday morning, bringing
you positive news about yourlocal real estate market and
community.
So much to be thankful for andgrateful to be here with you
bringing you positive news.
Can you believe we're inSeptember?
Wow, the time flies.
When you're having fun and talkabout having fun, I hope if you
were participating in the AppleFestival and got to enjoy that
(01:08):
what a glorious weather weekendit was and getting to see all
your all 300,000 close friendsand family and neighbors that
came out.
And it's what an incredibleundertaking by the committee, by
the city, by all the supportand the community and the
volunteers and what anundertaking, all the
(01:29):
entertainment.
I talked to a number of theapple growers that were at the
Apple Festival and a number ofthem said they had record number
sales, I mean, and a number ofthem had sold out, in some cases
some midday and they had to goreplenish their, their stock,
and just tremendous outpouring.
(01:50):
You know, I'm not sure how theytrack how many people are there
.
I am aware of technology.
I'd heard about what they'dactually done down at the Swamp
Rabbit in Greenville Countywhere they actually track the
cell phone in Greenville County,where they actually track the
cell phone usage and you canactually see is it local users
using the Swamp Rabbit?
(02:10):
I'm sure they're going to beemploying something like this
for the Acusa Trail, but not togo big brother on you.
But they know you're able tosee people visiting.
How many people are coming injust by cell phone technology?
Are they coming from out of thestate, inside the state?
Are they coming from outsidethe country, people visiting the
(02:30):
area?
But you know I had a number ofpeople say, well, how do you
know there was, you know, two300,000 people and I'll, we'll
find out that answer.
But again, congratulations tothe incredible staff and
volunteers and the committee andeverybody that pulled off the
Apple Festival very successfulApple Festival and parade and I
know my kids loved.
You know being part of theApple Festival and you know for
(02:54):
it.
It is what it is and I knowthere's a lot of maybe, maybe
you listening out there, youavoided it, which is okay, and
you wanted to have a quietweekend.
I mean, it is certainly achallenge with all the traffic
and parking and you've just gotto decide if it's something
you're willing to undertake.
But you know you could see thesmiles on the faces and people
just thrilled to celebrateHenderson County, the largest
(03:15):
apple-growing county in NorthCarolina, and tens of millions
of dollars of economic impactfor our community and the
agricultural community community, and not to mention the
tradition and the legacy of ourapple farmers and our apple
growers, and we certainlycelebrate that.
You know what a incredibleweekend it was.
(03:37):
So again, thank you for allthat participated, all that
volunteered with that.
It's amazing.
It's amazing.
Uh, here we are in September,just a few months left of the
year.
I know a lot of my friends thatlove Christmas.
They said well, september 1stthey're allowed to start playing
the Christmas songs.
It might be a little too earlyfor the radio station, but you
know it's interesting.
(03:58):
You know, this time of year, um,with the housing market, you
know a lot of people are tryingto decide.
You know, do we sell our house,do we rent our house?
I mean, there's a handful ofpeople that certainly have said,
hey, you know, we've tried tosell our house, but you know, if
you hadn't gotten any offers,that you consider some people
(04:20):
are saying, well, what if I do,if I don't sell?
And there's a growing number ofhomeowners that have decided.
Instead of getting concernedabout that, they just say, well,
maybe I should just rent it.
And so there's actually a termin the industry for this, and
it's called an accidentallandlord, and this is actually
(04:41):
how Yahoo Finance defines it.
These accidental landlords arehomeowners who tried to sell but
couldn't fetch the price theywanted and instead have decided
to rent out their homes untilconditions improve.
And so, you know, right now thenumber of homeowners turning
into accidental landlords isrising, and Business Insider
(05:01):
magazine said this.
And Business Insider Magazinesaid this while there have
always been accidental landlords, an error of middling home
(05:22):
sales brought in by a steep risein borrowing rates is minting a
new wave of reluctant rentalowners.
Now we're going to put somecontext on this because I know
everybody's saying the sky isfalling and the news cycles are
saying the housing market'scrashing, and we're going to
address that and we're going totalk about that and we're going
to talk about what it looks liketo rent your home.
If you're considering that Dayson market are getting longer,
we're seeing over an average of60 days on the market, compared
to what it was.
(05:43):
I mean we used to see 20 and 30days on the market, you know,
compared to what it was.
I mean we used to see, you know, 20 and 30 days on the market.
Now we're at 60 days, so it'sbeen a significant increase.
It's not what it was in thesense of, you know, we've had.
I remember and this is my 20thyear of my broker's license
where I remember distinctly in2010 and 2011, six months was
considered normal.
Six months was considerednormal for days on the market
(06:07):
and here we're at 60 days.
It's just still.
It's all relative, so you know.
So, when you hear the news andthat you know days on market's
getting longer, you know there'smore inventory and buyers do
have more choices.
It's not that the sky isfalling.
Our average single family homeprice over the last 12 months
has been holding.
We're around that 540 pricerange based around the last 12
(06:29):
months, and it's holdingcompared to the previous 12
months.
And also we've had a slightincrease in the number of home
sales.
We're averaging some 126 singlefamily homes a month selling
specifically in Henderson County.
And of course we work in all ofWestern North Carolina Buncombe
County, transylvania County,polk, rutherford County.
(06:50):
We even work in Spartanburg andGreenville counties.
Our team, we have an incrediblegroup of agents and staff but
I'm using the Henderson Countynumbers for context and this
wonderful radio station, whkp 70plus, coming up on 80 some
years, you know, here servingthe community, but you know, to
give you some local news, I meanwe're averaging 126 single
(07:13):
family homes a month selling,and that's not even including
condos or townhomes or land orcommercial, which we work in all
those arenas as well.
The average price is in the540s, but you know, so there's
there, but again, compared towhat it was.
And so this one we say this witha caveat.
You know sales have slowed down, you know buyers are struggling
with affordability and so itdoes leave some homeowners with
(07:36):
listings that sit and go stale,and so, if they don't want to
drop the price to appeal tobuyers, they may rent instead.
But here's the thing that youneed to remember if renting your
house has crossed your mind,becoming a landlord wasn't your
original plan.
There's probably a reason forthat, and it comes with a lot
more responsibility and riskthan most people expect, and, by
(08:02):
the way, you can find this onour most recent blog posts.
People expect so, and, by theway, you can find this on our
most recent blog posts.
You can go togeorgerilsteadgroupradiocom.
But the thing is, there's a lotmore to consider.
And, by the way, we workclosely with a number of
property management companies,and that's the only thing they
do.
We at the George Real EstateGroup do not do property
management, because it's its ownset of challenges and nuances
(08:23):
and skill sets.
But here's the thing, though yougot to ask yourself does my
house even have the potential asa profitable rental?
Just because you can rent itdoesn't mean you should.
Are you moving out of state?
Managing maintenance from outof state isn't easy.
Does the house need repairsbefore it's even rental ready,
(08:46):
just like you have to get yourhouse ready to go on the market
to get the top dollar?
What kind of condition is yourhouse in to rent it out?
And guess what, if there's somechallenges with the like, if
something, maintenance, if yourHVAC system goes out I mean that
is on you.
Are you prepared to put in anew HVAC system goes out?
I mean that is on you.
Are you prepared to put in anew HVAC system?
(09:08):
But again, managing and moving,you know.
If you're moving out of thestate, you know, because you got
a new job or family or whateverthe situation is, managing the
house from far away isn't thateasy.
I mean, does the home needrepairs?
Now, you know, do you even havethe time or the funds,
resources to do that?
You know?
And is your neighborhood onethat typically attracts renters?
And would your house beprofitable as one?
(09:28):
So you know, if any one of thesecomments give you a pause, you
might reconsider just selling it, um, rather than renting it.
Also, is you know, on paperrenting sounds like?
You know, it's great, you get acheck in the mail, but there's
more about renting than justgetting the passive income or
(09:51):
the check in the mail.
You know, again, if you'remanaging yourself it's the
midnight calls about the cloggedtoilets or the broken air
conditioning.
It's the.
You know, if your tenant's notpaying on time, you could be
chasing down the rent payments.
Certainly you don't want todeal with bad checks and the
cost associated with that.
And then there's also thedamage that can happen between
(10:12):
tenants.
So there was a comment fromRedfin that said this Landlords
have to fix things like brokenpipes, defunct HVAC systems and
structural damage, among otheressential repairs.
And if you don't have a fewthousand dollars on the hand to
take care of these repairs, youcould end up really in a bind.
So it's one thing to if youhave a mortgage and you're like,
(10:34):
oh, I'm going to pay mymortgage, but there's also some
other hidden costs that comewith renting out your home.
It's one thing if you're aninvestor and you've planned for
this and the numbers make senseand you're working backwards
from your plan and your numbers,but if you're an accidental
landlord, there could be somehidden costs that just come with
(10:54):
renting out your home.
It could be the higherinsurance premium.
Landlord insurance typicallycosts 25% more.
Also management fees, and again, we highly recommend and advise
a management.
But if you use a propertymanager.
They're typically chargedaround 10% of the rent.
(11:15):
This is normal Maintenance andadvertising to find the rent,
the background checks, thecredit checks, the applications
that you have to process thegaps between tenants.
Where, guess what, if you don'thave somebody in place, you're
covering the mortgage withoutthe rental income, and so all
that adds up fast.
(11:36):
And so, while renting can be asmart move for the right person
with the right house, if you'reonly considering it because your
house isn't selling or it's notgetting offers, there could be
a better solution.
If you're currently on themarket, certainly talk to your
existing agent, your currentagent.
You might want to revisit thestrategy and the pricing and the
(12:00):
marketing, and so, with youragent's advice, you can rework
your strategy, relaunch at theright price and attract buyers
to make the sale happen.
And again, before you decide torent your house, make sure you
carefully weigh out the pros andthe cons of becoming a landlord
.
And so it's interesting.
This is real, this is happening, and let's put some things in
(12:21):
the context.
We're still in a great market.
We're still in a market that'smoving.
The interest rates aresoftening a little bit and the
buyers have more choices, andthis is a seller.
You have more competition, andso it's more critical than ever
to price your home correctlyfrom the beginning.
You know, and again, the marketis not crashing.
(12:44):
You know a lot of people aresaying the market's crashing.
You know, and and again.
This is interesting.
There was the recent survey.
This is 70% of Americans areworried about a housing crash,
but and that's why buyers andsellers are like, oh, we're
going to wait and see whathappens, we're not going to buy,
we're not going to sell.
Here's the truth.
It's just shifting.
It's not crashing, and actually, as a buyer, the shift could
(13:10):
actually work in your favor, youknow.
The thing is, though, as abuyer, you have more options,
and the truth is you have moreoptions than what it was before,
but it's not the end of theworld, for sellers too.
The reason prices are stillholding is because we still have
low inventory levels.
Do we have more homes for salethan we did before over the last
(13:31):
12 months?
Yes, but it's still notsignificant.
There's still not enough housesin the United States to keep up
with the demand, and that's whyprices are going to keep
holding.
I mean they might come down alittle bit.
Prices are softening, but youthink about it.
If there's a shortage ofsomething like tickets to a
(13:53):
concert, prices are going up andthat's because supply and
demand Same thing with homes.
So we have a shortage of supply.
You too many buyers, not enoughhomes.
That's what pushes priceshigher.
So across the board, you know,we, we're seeing that because
there's more homes for sale.
That's where prices aresoftening.
(14:15):
But again, it's not crashing.
It's not the.
It's not the.
It's not the what it was in2010 or 11.
Let's give some context.
We had a two-year supply ofinventory compared to we have a
five-month supply of inventory.
And let me clarify aboutinventory and supply and demand.
(14:35):
Let's just use a simple exampleof a neighborhood.
You know, a local neighborhoodhere might have 10 houses for
sale, but if you look at thelast 12 months, the neighborhood
has been averaging two homes amonth sell.
So if it took, so if we'reaveraging two homes a month
selling in that neighborhood andthere's 10 for sale and there's
(14:56):
nothing else that came andnothing else came in the market,
it would take five months atthat current rate.
Guess what?
If they were selling five homesa month and there was 10 homes
for sale, that would meanthere's a two month supply.
If there's only one home amonth selling in the
neighborhood and there was 10homes available, that means
there was a 10 month supply.
If there was 10 homes a monthselling and there was only 10
(15:19):
homes available, that's a onemonth supply.
It's supply and demand and thisis how we determine if it's a
buyer's market or a seller'smarket.
A balanced market is consideredsix months of inventory.
Less than six months ofinventory is a seller's market.
More than six months ofinventory is a buyer's market.
But so it's not that the pricesare falling nationally.
(15:42):
It does mean because theincrease in inventory means the
prices are not rising as fast asthey were, and this is
according to Freddie Mac.
They're expecting moderateappreciation to continue through
the rest of this year.
They're quoted saying in 2025,we expect the pace of the house
(16:03):
price appreciation to moderatefrom the level seen in 2024,
while still maintaining apositive trajectory.
And it doesn't mean that pricesare going to go up in all the
areas.
It doesn't mean that you'regoing to see prices come down.
And again it's like saying thenational temperature is 72
(16:23):
degrees.
You have some areas that aregoing to be hotter or colder
because of the location.
Same thing in real estate.
I mean, that could even be truehere in our own county.
Some neighborhoods are going tobe higher demand than other
neighborhoods.
Some price points are going tobe higher demand than other
price points.
The point is, don't let thenews scare you.
(16:46):
Experts agree that a housingmarket crash is unlikely in 2025
.
A Business Insider report saysthis.
Economists who study housingmarket conditions generally do
not expect a crash in 2025 orbeyond, in fact, unless the
economic outlook changes.
So we're heading into a housingmarket that's healthier, more
(17:06):
balanced, slower price growthand, again, more opportunity.
So your specific home, yourspecific situation we know real
estate happens around life andit could be a really positive
reason why you're buying orselling.
It could be a challengingreason.
You.
It could be a really positivereason why you're buying or
selling.
It could be a challengingreason, you know you could be
celebrating a new job, you couldbe celebrating a growing family
(17:27):
, you could be celebratinggrandkids.
It could be.
You know some beautiful reasonswhy you're buying or selling.
And then we've walked, alongwith our clients, through
heartbreaking situations thedeath of a loved one, a job loss
, maybe a financial challenge,maybe you're facing a
foreclosure.
This is real life.
(17:47):
Life happens and so you know,whatever the situation is, it's
not about, of course, the houseis important, but it's more
about the relationship, it'smore about your situation, and
so we take it from that approachyour unique situation, your
unique house and we're here toadvocate, we're here to
facilitate and we want to helpyou.
(18:07):
Again, it could be a reallypositive reason and it could be
a really challenging reason, andwhen we have our confidential
consultation with you, we cantalk through everything.
We can put a plan together.
Are you looking to sell, thenbuy?
Maybe you're looking to sell,then considering renting.
Maybe you're going to buy andthen sell.
Maybe you're working throughyour estate of a family member,
(18:29):
maybe it's whatever thesituation, and I assure you
we're still learning everysingle day.
We've had the privilege ofcoming up on 1600 families
throughout the years.
We've helped.
We have an incredible team, wehave incredible staff and and
it'd be foolish for me to saywe've seen it all, but we've
certainly seen a lot but we willtake a very specific approach
(18:50):
to your house, your situation,and we'd love to have the
conversation we can navigatethrough.
Whatever you're facing, we canhelp you look to sell the
property.
We can set you up for success.
Again, we would be honored tohave the conversation.
We do a two-step approach.
If you're considering selling,we come out, we do an initial
consultation and we go look atthe house.
(19:11):
We very rarely talk about pricebecause I find it fascinating
that real estate agents try toprice a home the very first time
they look at it.
You know your home, the nuancesbehind it, the location, I mean
(19:32):
whatever it might be.
We're going to take a look atit and then we want to
understand the condition, wewant to understand the floor
plan, the square footage.
We don't put any no offense tothe tax.
Our tax friends out there inthe county, we know you're
working, we know you're doing ajob.
(19:54):
That's required and no offense.
But we don't put a lot ofweight on the tax value, just
like we don't put a lot ofweight on Zillow.
Zillow themselves even have apage on their website that says
80% of the time we get it within20%.
Do you know what a 20%difference is?
On a $500,000 house, 20% couldbe as low as $400,000.
(20:15):
It could be as high as $600,000.
Themselves admit only 80% ofthe time they get it within 20%.
It's just.
It's really fascinating.
And so, again, we take aspecific approach to your house
and we want to help you navigatethrough.
You know what that might looklike and so we do a second
appointment where we want totake a look at you know what is.
(20:37):
What is your home in context ofthe market, the nuances, your
neighborhood, your price point?
You know there's your home incontext of the market, the
nuances, your neighborhood, yourprice point.
You know there's so many piecesof the puzzle and then you get
to decide and we present youwith the data and you can decide
what's right for you.
Now I will say, in this market,if you're competing with 10
other homes similar to yours,you can price it where they're
priced, but the truth is you'regoing to get lost and buyers are
(21:00):
going to be looking at you and10 other homes.
But if you can and it's allrelative, it doesn't mean by no
means.
The irony is, if you price it alittle bit below your
competition, you have the chancepotentially for it to bid up
higher, because you then standout.
You then become an outlier andbuyers you're not going to get
(21:24):
lost with buyers and we cantrack the data.
We know immediately when homeshit the market.
The very first 24 hours is thebest opportunity you have to get
someone's attention, becausethere's not an unlimited amount
of buyers out there.
I shared with you we'reaveraging 126 single family
homes a month selling, and so ifbuyers are in your price range
(21:49):
and they're looking in yourlocation and your criteria and
your size and age, your firstshot, your best shot, is within
the first 24 hours, and so wewant to set you up for success.
We want to get you out the gate, and this is where you only get
one chance up for success.
We want to get you out the gateand this is where you only get
one chance to be new.
We do our professionalphotography.
We do our professionalmarketing.
We do.
(22:09):
We know what works.
It's a proven and predictableprocess that, over the this is
my 20th year of my broker'slicense and we know what works.
Certainly have we I don't standhere, sit in front of you
sharing We've got it right everysingle time, of course, that
we're human, we learn, we'redoing our best in our goal.
(22:29):
Obviously, if we need to makeadjustments, we make adjustments
, but more than not, we price itcorrectly from the beginning
and then, if we not, if we don't, we make adjustments, and
that's okay, that's, that's partof life.
You, you try, you give it yourbest efforts, you make
adjustments and we adjust and wedo that and it's okay to do
that.
And so we've done that with oursellers.
We've set them up.
(22:49):
We want to set them up forsuccess, getting them out the
gate from the beginning andbecause in a lot of cases, we'll
get more money.
You might think, well, I want toprice, I want to price and I
want to build, build in somewiggle room.
Well, the challenges with thatis, if you overprice it, you
have the chance of buyersoverlooking you.
They're going to look at otherhomes that are, they're priced
(23:11):
more in line with the market.
Buyers are more educated todaythan ever.
They have access to theinformation and so all that to
say your unique home, uniquesituation.
We do a no pressure, no cost,no obligation.
Consultation.
There's no pressure and we cando it at our office.
We can come by your home, wecan do a Zoom call whenever
you're comfortable with, butwe're talking literally every
(23:34):
single day to buyers and sellers.
We're consulting them, we'reworking through what the market
is and it's your specificsituation.
I'm so excited tonight we have afree workshop tonight at the
Self-Help Credit Union, rightaround the corner from here at
the radio station, 100 Dana Road, from six to eight o'clock
tonight.
We're going to be talking withour friends there at Self-Help
(23:57):
Credit Union and we're going tobe talking about the home buying
process.
You'll get a chance to workwith home loan professionals.
We'll talk about gettingpre-qualified, we'll talk about
the major topics like budgeting,down payment, credit reports,
debt-to-income ratios and thehome buying process, and we have
(24:17):
consultations every single daywith buyers and sellers, and so
this is an event tonight at theSelf-Help Credit Union and we're
excited to work with themtonight.
Six to eight o'clock tonight at100 Dana Road, here right
around the corner.
It's going to be a freeworkshop tonight.
We'll have some refreshments.
You'll get a chance to hearfrom local lenders.
(24:38):
You'll get a chance to hearfrom our real estate brokers and
, again, it's a free workshoptonight for home buying and we'd
love to have the conversationtonight.
You can ask questions.
There's certainly no obligation, but get some free information.
We do these things regularly.
Also, if you are on socialmedia Facebook or Instagram or
(24:59):
if you follow podcasts, wepodcast all of our favorite.
If you follow differentpodcasts.
We podcast our radio show here.
We do a number of radio showseach week, speaking of which,
every Friday morning it's aprivilege and honor to sponsor
the Hometown Hero series andevery week it's amazing to hear
stories of men and women servingour community.
(25:19):
Brittany Rowland, who continuesto work with families in our
area who were impacted byHurricane Helene which again I
know it's hard to believe we'recoming up on a year.
Brittany's going to be heretomorrow morning to tell us how
you can contribute to the fundthat supports victims of Helene
who are still struggling.
Tomorrow morning 845, we'regoing to honor Brittany Rowland.
(25:40):
And, of course, if you knowsomebody in the community that's
making a difference, somebodythat's an unsung hero, they
could be out there very publiclyserving.
They could be behind the scenesworking with our nonprofits or
our churches or our schools.
If you know somebody making adifference, please reach out to
WHKP, nominate them.
We have a number of storiesevery single Friday that we
(26:01):
share and sharing the good newsand again, this is what makes
our community the generosity,the sense of community, the
volunteering.
You know we're certainly goingto be having conversations
upcoming again in regards to theanniversary of Helene.
I know it's a marathon of arecovery and there's so many of
our communities still in thathealing process and it's
(26:25):
important to remember that.
It's important to support ourcommunity.
We saw it.
We saw it happen Neighborshelping neighbors.
You know the people showing upout of nowhere and not by
accident and we'll continue totell those stories on the radio
and on our Hometown Heroesseries.
But you certainly can reach outto WHKP, nominate someone that
(26:48):
we can share about their story,and I've shared this before.
It's one of my favorite books.
It's a book called Hero on aMission and with any good movie,
any good epic book you've everread, if you really dive into it
, there's four main charactersand really it's what sets apart
(27:08):
the epic stories.
Maybe you think of Lord of theRings or Star Wars or any of
these epic stories.
The storytelling is you havefour main characters that makes
an epic story and you have avictim you know someone, that's
whatever challenge they'refacing, then you have the hero,
then you have a guide and youhave the villain and you can
(27:32):
pick out if you notice this, andwhen you're watching movies or
reading a book, these fourcharacters always show up.
Now this book here on themission by donald miller.
Uh, he he's so eloquent incommunicating about these four
different roles, but hedescribes it so easily and
simply.
But victims heal into heroes,and then heroes grow into guides
(27:57):
and then villains are victimsthat never healed.
But you can see that, you know,maybe you even do some own
reflection in your own life and,by the way, you can be all four
of them at any given point andyou might say to yourself am I
being a victim right now?
Am I being a hero right now?
Am I being a guide right now,or am I being a villain?
But you know, certainly somepause for reflection.
(28:19):
But we saw so many heroes showup in the face of Helene.
And again people showing up,people showing up for other
people, people that losteverything.
They could have calledthemselves victims themselves,
but they ended up being heroesfor others.
And then also the guides.
The heroes grow into guideswhere they're helping others.
(28:40):
They're been a hero forthemselves, but then they become
a guide to others.
And then, of course and there'salways a second chance, for
sure.
But anyways, recommend thatbook Hero on a Mission by Donald
Miller.
But we love being here everyFriday morning sponsoring the
Hometown Hero series.
We're here every Thursdaymorning with the Georgia Real
Estate Group live radiobroadcast here on WHKP.
(29:01):
We've been actually doing thisradio show since 2011.
Share with you positive news.
In 2011, by the way, we hadover a two-year supply of
inventory.
You could certainly say the skywas falling then.
We were only averaging some 70homes a month selling and it was
very common a six-month days onmarket to get a home sold.
So I mean, not the market ofwhat it was.
(29:22):
We've certainly, the market hascertainly evolved and there's
and I don't make light of thechallenges that we face now, but
you know, the market's alwaysevolving, the market's always
moving, it's never just in oneplace, and so we're watching it.
We study the numbers, we studythe market, but when it comes
down to it, your situation, yourhome and we're here at the
(29:43):
George Real Estate Group toadvocate and to facilitate your
wishes and what works for youand to help you navigate through
the buying and selling process.
We're here to help you throughyour estate planning.
We work with estate attorneys.
We're here to help you withyour tax strategies.
We work with investors and taxstrategists, from our attorneys
to our CPAs to our, you knowfinancial advisors.
(30:07):
We have an incredible team inplace to help you navigate
through.
You know the buying and sellingprocess through the, or if you
have investments and maybeyou're looking to buy into
investment real estate,investment portfolios, maybe you
want to build your ownportfolio.
Maybe you're at a point whereyou're saying, hey, I'm done
managing a portfolio of realestate and we navigate through
(30:27):
all that.
We have 1031 exchange optionsand DSTs.
If you didn't get a chance tohear our program with Troy Wada,
you can go listen to ourpodcast.
If you want to hear more about1031 exchanges and DSTs,
certainly encourage you to go toour podcast.
But we're so grateful to behere with you every Thursday
morning sharing with youpositive news about your local
real estate market.
(30:47):
We're here every Thursdaymorning.
We're here every Friday morningat 845.
Thanks so much for tuning intoday.
Find us online atrealestatebygregcom.
Follow us on social mediaFacebook and Instagram.
Follow our podcast.
Ultimately, give us a call828-393-0134.
Have a great day and we'll seeyou tomorrow morning.
(31:17):
Maybe the house feels a littletoo big these days, the stairs a
little steeper, the pace oflife a little too fast.
But what if your next movewasn't about letting go.
It was about making space forpeace, for freedom, for what
matters most.
At the George Real Estate Group, we understand that real estate
(31:39):
isn't just about the house.
It's about transitions, timingand trust.
We've helped thousands offamilies in Western North
Carolina make smart, thoughtfulmoves closer to nature, closer
to family, closer to home.
So when you're ready to rightsize, simplify or start fresh,
(32:00):
we'll be here.
The George Real Estate Grouplocal, trusted, proven.
Call us today, 828-393-0134.
Find us online atrealestatebygregcom, because
your next chapter deserves tofeel just right.
Speaker 2 (32:16):
Thank you for listening to the George Real
Estate Group podcast.
Tune in next time for moreindustry news updates and real
estate tips.
You can reach Greg, the GeorgeReal Estate Group, at
828-393-0134 or atrealestatebygregcom.
Hello friends, thank you so much for being here.
This is the George Real EstateGroup podcast, which is a
production of our live weeklyradio shows hosted on multiple
radio stations here inHendersonville, north Carolina.
The George Real Estate Groupserves Western North Carolina
and upstate South Carolina andit is a privilege to share
positive news about our localreal estate market and community
(00:23):
.
Thanks so much for subscribingand, of course, if you have any
real estate questions or if wecan help you in any way, be sure
to reach out.
Visit us atgeorgerealestategroupradiocom
for more information.
Good morning and welcome to theGeorge Real Estate Group live
(00:45):
radio broadcast here on WHKPEvery Thursday morning, bringing
you positive news about yourlocal real estate market and
community.
So much to be thankful for andgrateful to be here with you
bringing you positive news.
Can you believe we're inSeptember?
Wow, the time flies.
When you're having fun and talkabout having fun, I hope if you
were participating in the AppleFestival and got to enjoy that
(01:08):
what a glorious weather weekendit was and getting to see all
your all 300,000 close friendsand family and neighbors that
came out.
And it's what an incredibleundertaking by the committee, by
the city, by all the supportand the community and the
volunteers and what anundertaking, all the
(01:29):
entertainment.
I talked to a number of theapple growers that were at the
Apple Festival and a number ofthem said they had record number
sales, I mean, and a number ofthem had sold out, in some cases
some midday and they had to goreplenish their, their stock,
and just tremendous outpouring.
(01:50):
You know, I'm not sure how theytrack how many people are there
.
I am aware of technology.
I'd heard about what they'dactually done down at the Swamp
Rabbit in Greenville Countywhere they actually track the
cell phone in Greenville County,where they actually track the
cell phone usage and you canactually see is it local users
using the Swamp Rabbit?
(02:10):
I'm sure they're going to beemploying something like this
for the Acusa Trail, but not togo big brother on you.
But they know you're able tosee people visiting.
How many people are coming injust by cell phone technology?
Are they coming from out of thestate, inside the state?
Are they coming from outsidethe country, people visiting the
(02:30):
area?
But you know I had a number ofpeople say, well, how do you
know there was, you know, two300,000 people and I'll, we'll
find out that answer.
But again, congratulations tothe incredible staff and
volunteers and the committee andeverybody that pulled off the
Apple Festival very successfulApple Festival and parade and I
know my kids loved.
You know being part of theApple Festival and you know for
(02:54):
it.
It is what it is and I knowthere's a lot of maybe, maybe
you listening out there, youavoided it, which is okay, and
you wanted to have a quietweekend.
I mean, it is certainly achallenge with all the traffic
and parking and you've just gotto decide if it's something
you're willing to undertake.
But you know you could see thesmiles on the faces and people
just thrilled to celebrateHenderson County, the largest
(03:15):
apple-growing county in NorthCarolina, and tens of millions
of dollars of economic impactfor our community and the
agricultural community community, and not to mention the
tradition and the legacy of ourapple farmers and our apple
growers, and we certainlycelebrate that.
You know what a incredibleweekend it was.
(03:37):
So again, thank you for allthat participated, all that
volunteered with that.
It's amazing.
It's amazing.
Uh, here we are in September,just a few months left of the
year.
I know a lot of my friends thatlove Christmas.
They said well, september 1stthey're allowed to start playing
the Christmas songs.
It might be a little too earlyfor the radio station, but you
know it's interesting.
(03:58):
You know, this time of year, um,with the housing market, you
know a lot of people are tryingto decide.
You know, do we sell our house,do we rent our house?
I mean, there's a handful ofpeople that certainly have said,
hey, you know, we've tried tosell our house, but you know, if
you hadn't gotten any offers,that you consider some people
(04:20):
are saying, well, what if I do,if I don't sell?
And there's a growing number ofhomeowners that have decided.
Instead of getting concernedabout that, they just say, well,
maybe I should just rent it.
And so there's actually a termin the industry for this, and
it's called an accidentallandlord, and this is actually
(04:41):
how Yahoo Finance defines it.
These accidental landlords arehomeowners who tried to sell but
couldn't fetch the price theywanted and instead have decided
to rent out their homes untilconditions improve.
And so, you know, right now thenumber of homeowners turning
into accidental landlords isrising, and Business Insider
(05:01):
magazine said this.
And Business Insider Magazinesaid this while there have
always been accidental landlords, an error of middling home
(05:22):
sales brought in by a steep risein borrowing rates is minting a
new wave of reluctant rentalowners.
Now we're going to put somecontext on this because I know
everybody's saying the sky isfalling and the news cycles are
saying the housing market'scrashing, and we're going to
address that and we're going totalk about that and we're going
to talk about what it looks liketo rent your home.
If you're considering that Dayson market are getting longer,
we're seeing over an average of60 days on the market, compared
to what it was.
(05:43):
I mean we used to see 20 and 30days on the market, you know,
compared to what it was.
I mean we used to see, you know, 20 and 30 days on the market.
Now we're at 60 days, so it'sbeen a significant increase.
It's not what it was in thesense of, you know, we've had.
I remember and this is my 20thyear of my broker's license
where I remember distinctly in2010 and 2011, six months was
considered normal.
Six months was considerednormal for days on the market
(06:07):
and here we're at 60 days.
It's just still.
It's all relative, so you know.
So, when you hear the news andthat you know days on market's
getting longer, you know there'smore inventory and buyers do
have more choices.
It's not that the sky isfalling.
Our average single family homeprice over the last 12 months
has been holding.
We're around that 540 pricerange based around the last 12
(06:29):
months, and it's holdingcompared to the previous 12
months.
And also we've had a slightincrease in the number of home
sales.
We're averaging some 126 singlefamily homes a month selling
specifically in Henderson County.
And of course we work in all ofWestern North Carolina Buncombe
County, transylvania County,polk, rutherford County.
(06:50):
We even work in Spartanburg andGreenville counties.
Our team, we have an incrediblegroup of agents and staff but
I'm using the Henderson Countynumbers for context and this
wonderful radio station, whkp 70plus, coming up on 80 some
years, you know, here servingthe community, but you know, to
give you some local news, I meanwe're averaging 126 single
(07:13):
family homes a month selling,and that's not even including
condos or townhomes or land orcommercial, which we work in all
those arenas as well.
The average price is in the540s, but you know, so there's
there, but again, compared towhat it was.
And so this one we say this witha caveat.
You know sales have slowed down, you know buyers are struggling
with affordability and so itdoes leave some homeowners with
(07:36):
listings that sit and go stale,and so, if they don't want to
drop the price to appeal tobuyers, they may rent instead.
But here's the thing that youneed to remember if renting your
house has crossed your mind,becoming a landlord wasn't your
original plan.
There's probably a reason forthat, and it comes with a lot
more responsibility and riskthan most people expect, and, by
(08:02):
the way, you can find this onour most recent blog posts.
People expect so, and, by theway, you can find this on our
most recent blog posts.
You can go togeorgerilsteadgroupradiocom.
But the thing is, there's a lotmore to consider.
And, by the way, we workclosely with a number of
property management companies,and that's the only thing they
do.
We at the George Real EstateGroup do not do property
management, because it's its ownset of challenges and nuances
(08:23):
and skill sets.
But here's the thing, though yougot to ask yourself does my
house even have the potential asa profitable rental?
Just because you can rent itdoesn't mean you should.
Are you moving out of state?
Managing maintenance from outof state isn't easy.
Does the house need repairsbefore it's even rental ready,
(08:46):
just like you have to get yourhouse ready to go on the market
to get the top dollar?
What kind of condition is yourhouse in to rent it out?
And guess what, if there's somechallenges with the like, if
something, maintenance, if yourHVAC system goes out I mean that
is on you.
Are you prepared to put in anew HVAC system goes out?
I mean that is on you.
Are you prepared to put in anew HVAC system?
(09:08):
But again, managing and moving,you know.
If you're moving out of thestate, you know, because you got
a new job or family or whateverthe situation is, managing the
house from far away isn't thateasy.
I mean, does the home needrepairs?
Now, you know, do you even havethe time or the funds,
resources to do that?
You know?
And is your neighborhood onethat typically attracts renters?
And would your house beprofitable as one?
(09:28):
So you know, if any one of thesecomments give you a pause, you
might reconsider just selling it, um, rather than renting it.
Also, is you know, on paperrenting sounds like?
You know, it's great, you get acheck in the mail, but there's
more about renting than justgetting the passive income or
(09:51):
the check in the mail.
You know, again, if you'remanaging yourself it's the
midnight calls about the cloggedtoilets or the broken air
conditioning.
It's the.
You know, if your tenant's notpaying on time, you could be
chasing down the rent payments.
Certainly you don't want todeal with bad checks and the
cost associated with that.
And then there's also thedamage that can happen between
(10:12):
tenants.
So there was a comment fromRedfin that said this Landlords
have to fix things like brokenpipes, defunct HVAC systems and
structural damage, among otheressential repairs.
And if you don't have a fewthousand dollars on the hand to
take care of these repairs, youcould end up really in a bind.
So it's one thing to if youhave a mortgage and you're like,
(10:34):
oh, I'm going to pay mymortgage, but there's also some
other hidden costs that comewith renting out your home.
It's one thing if you're aninvestor and you've planned for
this and the numbers make senseand you're working backwards
from your plan and your numbers,but if you're an accidental
landlord, there could be somehidden costs that just come with
(10:54):
renting out your home.
It could be the higherinsurance premium.
Landlord insurance typicallycosts 25% more.
Also management fees, and again, we highly recommend and advise
a management.
But if you use a propertymanager.
They're typically chargedaround 10% of the rent.
(11:15):
This is normal Maintenance andadvertising to find the rent,
the background checks, thecredit checks, the applications
that you have to process thegaps between tenants.
Where, guess what, if you don'thave somebody in place, you're
covering the mortgage withoutthe rental income, and so all
that adds up fast.
(11:36):
And so, while renting can be asmart move for the right person
with the right house, if you'reonly considering it because your
house isn't selling or it's notgetting offers, there could be
a better solution.
If you're currently on themarket, certainly talk to your
existing agent, your currentagent.
You might want to revisit thestrategy and the pricing and the
(12:00):
marketing, and so, with youragent's advice, you can rework
your strategy, relaunch at theright price and attract buyers
to make the sale happen.
And again, before you decide torent your house, make sure you
carefully weigh out the pros andthe cons of becoming a landlord
.
And so it's interesting.
This is real, this is happening, and let's put some things in
(12:21):
the context.
We're still in a great market.
We're still in a market that'smoving.
The interest rates aresoftening a little bit and the
buyers have more choices, andthis is a seller.
You have more competition, andso it's more critical than ever
to price your home correctlyfrom the beginning.
You know, and again, the marketis not crashing.
(12:44):
You know a lot of people aresaying the market's crashing.
You know, and and again.
This is interesting.
There was the recent survey.
This is 70% of Americans areworried about a housing crash,
but and that's why buyers andsellers are like, oh, we're
going to wait and see whathappens, we're not going to buy,
we're not going to sell.
Here's the truth.
It's just shifting.
It's not crashing, and actually, as a buyer, the shift could
(13:10):
actually work in your favor, youknow.
The thing is, though, as abuyer, you have more options,
and the truth is you have moreoptions than what it was before,
but it's not the end of theworld, for sellers too.
The reason prices are stillholding is because we still have
low inventory levels.
Do we have more homes for salethan we did before over the last
(13:31):
12 months?
Yes, but it's still notsignificant.
There's still not enough housesin the United States to keep up
with the demand, and that's whyprices are going to keep
holding.
I mean they might come down alittle bit.
Prices are softening, but youthink about it.
If there's a shortage ofsomething like tickets to a
(13:53):
concert, prices are going up andthat's because supply and
demand Same thing with homes.
So we have a shortage of supply.
You too many buyers, not enoughhomes.
That's what pushes priceshigher.
So across the board, you know,we, we're seeing that because
there's more homes for sale.
That's where prices aresoftening.
(14:15):
But again, it's not crashing.
It's not the.
It's not the.
It's not the what it was in2010 or 11.
Let's give some context.
We had a two-year supply ofinventory compared to we have a
five-month supply of inventory.
And let me clarify aboutinventory and supply and demand.
(14:35):
Let's just use a simple exampleof a neighborhood.
You know, a local neighborhoodhere might have 10 houses for
sale, but if you look at thelast 12 months, the neighborhood
has been averaging two homes amonth sell.
So if it took, so if we'reaveraging two homes a month
selling in that neighborhood andthere's 10 for sale and there's
(14:56):
nothing else that came andnothing else came in the market,
it would take five months atthat current rate.
Guess what?
If they were selling five homesa month and there was 10 homes
for sale, that would meanthere's a two month supply.
If there's only one home amonth selling in the
neighborhood and there was 10homes available, that means
there was a 10 month supply.
If there was 10 homes a monthselling and there was only 10
(15:19):
homes available, that's a onemonth supply.
It's supply and demand and thisis how we determine if it's a
buyer's market or a seller'smarket.
A balanced market is consideredsix months of inventory.
Less than six months ofinventory is a seller's market.
More than six months ofinventory is a buyer's market.
But so it's not that the pricesare falling nationally.
(15:42):
It does mean because theincrease in inventory means the
prices are not rising as fast asthey were, and this is
according to Freddie Mac.
They're expecting moderateappreciation to continue through
the rest of this year.
They're quoted saying in 2025,we expect the pace of the house
(16:03):
price appreciation to moderatefrom the level seen in 2024,
while still maintaining apositive trajectory.
And it doesn't mean that pricesare going to go up in all the
areas.
It doesn't mean that you'regoing to see prices come down.
And again it's like saying thenational temperature is 72
(16:23):
degrees.
You have some areas that aregoing to be hotter or colder
because of the location.
Same thing in real estate.
I mean, that could even be truehere in our own county.
Some neighborhoods are going tobe higher demand than other
neighborhoods.
Some price points are going tobe higher demand than other
price points.
The point is, don't let thenews scare you.
(16:46):
Experts agree that a housingmarket crash is unlikely in 2025
.
A Business Insider report saysthis.
Economists who study housingmarket conditions generally do
not expect a crash in 2025 orbeyond, in fact, unless the
economic outlook changes.
So we're heading into a housingmarket that's healthier, more
(17:06):
balanced, slower price growthand, again, more opportunity.
So your specific home, yourspecific situation we know real
estate happens around life andit could be a really positive
reason why you're buying orselling.
It could be a challengingreason.
You.
It could be a really positivereason why you're buying or
selling.
It could be a challengingreason, you know you could be
celebrating a new job, you couldbe celebrating a growing family
(17:27):
, you could be celebratinggrandkids.
It could be.
You know some beautiful reasonswhy you're buying or selling.
And then we've walked, alongwith our clients, through
heartbreaking situations thedeath of a loved one, a job loss
, maybe a financial challenge,maybe you're facing a
foreclosure.
This is real life.
(17:47):
Life happens and so you know,whatever the situation is, it's
not about, of course, the houseis important, but it's more
about the relationship, it'smore about your situation, and
so we take it from that approachyour unique situation, your
unique house and we're here toadvocate, we're here to
facilitate and we want to helpyou.
(18:07):
Again, it could be a reallypositive reason and it could be
a really challenging reason, andwhen we have our confidential
consultation with you, we cantalk through everything.
We can put a plan together.
Are you looking to sell, thenbuy?
Maybe you're looking to sell,then considering renting.
Maybe you're going to buy andthen sell.
Maybe you're working throughyour estate of a family member,
(18:29):
maybe it's whatever thesituation, and I assure you
we're still learning everysingle day.
We've had the privilege ofcoming up on 1600 families
throughout the years.
We've helped.
We have an incredible team, wehave incredible staff and and
it'd be foolish for me to saywe've seen it all, but we've
certainly seen a lot but we willtake a very specific approach
(18:50):
to your house, your situation,and we'd love to have the
conversation we can navigatethrough.
Whatever you're facing, we canhelp you look to sell the
property.
We can set you up for success.
Again, we would be honored tohave the conversation.
We do a two-step approach.
If you're considering selling,we come out, we do an initial
consultation and we go look atthe house.
(19:11):
We very rarely talk about pricebecause I find it fascinating
that real estate agents try toprice a home the very first time
they look at it.
You know your home, the nuancesbehind it, the location, I mean
(19:32):
whatever it might be.
We're going to take a look atit and then we want to
understand the condition, wewant to understand the floor
plan, the square footage.
We don't put any no offense tothe tax.
Our tax friends out there inthe county, we know you're
working, we know you're doing ajob.
(19:54):
That's required and no offense.
But we don't put a lot ofweight on the tax value, just
like we don't put a lot ofweight on Zillow.
Zillow themselves even have apage on their website that says
80% of the time we get it within20%.
Do you know what a 20%difference is?
On a $500,000 house, 20% couldbe as low as $400,000.
(20:15):
It could be as high as $600,000.
Themselves admit only 80% ofthe time they get it within 20%.
It's just.
It's really fascinating.
And so, again, we take aspecific approach to your house
and we want to help you navigatethrough.
You know what that might looklike and so we do a second
appointment where we want totake a look at you know what is.
(20:37):
What is your home in context ofthe market, the nuances, your
neighborhood, your price point?
You know there's your home incontext of the market, the
nuances, your neighborhood, yourprice point.
You know there's so many piecesof the puzzle and then you get
to decide and we present youwith the data and you can decide
what's right for you.
Now I will say, in this market,if you're competing with 10
other homes similar to yours,you can price it where they're
priced, but the truth is you'regoing to get lost and buyers are
(21:00):
going to be looking at you and10 other homes.
But if you can and it's allrelative, it doesn't mean by no
means.
The irony is, if you price it alittle bit below your
competition, you have the chancepotentially for it to bid up
higher, because you then standout.
You then become an outlier andbuyers you're not going to get
(21:24):
lost with buyers and we cantrack the data.
We know immediately when homeshit the market.
The very first 24 hours is thebest opportunity you have to get
someone's attention, becausethere's not an unlimited amount
of buyers out there.
I shared with you we'reaveraging 126 single family
homes a month selling, and so ifbuyers are in your price range
(21:49):
and they're looking in yourlocation and your criteria and
your size and age, your firstshot, your best shot, is within
the first 24 hours, and so wewant to set you up for success.
We want to get you out the gate, and this is where you only get
one chance up for success.
We want to get you out the gateand this is where you only get
one chance to be new.
We do our professionalphotography.
We do our professionalmarketing.
We do.
(22:09):
We know what works.
It's a proven and predictableprocess that, over the this is
my 20th year of my broker'slicense and we know what works.
Certainly have we I don't standhere, sit in front of you
sharing We've got it right everysingle time, of course, that
we're human, we learn, we'redoing our best in our goal.
(22:29):
Obviously, if we need to makeadjustments, we make adjustments
, but more than not, we price itcorrectly from the beginning
and then, if we not, if we don't, we make adjustments, and
that's okay, that's, that's partof life.
You, you try, you give it yourbest efforts, you make
adjustments and we adjust and wedo that and it's okay to do
that.
And so we've done that with oursellers.
We've set them up.
(22:49):
We want to set them up forsuccess, getting them out the
gate from the beginning andbecause in a lot of cases, we'll
get more money.
You might think, well, I want toprice, I want to price and I
want to build, build in somewiggle room.
Well, the challenges with thatis, if you overprice it, you
have the chance of buyersoverlooking you.
They're going to look at otherhomes that are, they're priced
(23:11):
more in line with the market.
Buyers are more educated todaythan ever.
They have access to theinformation and so all that to
say your unique home, uniquesituation.
We do a no pressure, no cost,no obligation.
Consultation.
There's no pressure and we cando it at our office.
We can come by your home, wecan do a Zoom call whenever
you're comfortable with, butwe're talking literally every
(23:34):
single day to buyers and sellers.
We're consulting them, we'reworking through what the market
is and it's your specificsituation.
I'm so excited tonight we have afree workshop tonight at the
Self-Help Credit Union, rightaround the corner from here at
the radio station, 100 Dana Road, from six to eight o'clock
tonight.
We're going to be talking withour friends there at Self-Help
(23:57):
Credit Union and we're going tobe talking about the home buying
process.
You'll get a chance to workwith home loan professionals.
We'll talk about gettingpre-qualified, we'll talk about
the major topics like budgeting,down payment, credit reports,
debt-to-income ratios and thehome buying process, and we have
(24:17):
consultations every single daywith buyers and sellers, and so
this is an event tonight at theSelf-Help Credit Union and we're
excited to work with themtonight.
Six to eight o'clock tonight at100 Dana Road, here right
around the corner.
It's going to be a freeworkshop tonight.
We'll have some refreshments.
You'll get a chance to hearfrom local lenders.
(24:38):
You'll get a chance to hearfrom our real estate brokers and
, again, it's a free workshoptonight for home buying and we'd
love to have the conversationtonight.
You can ask questions.
There's certainly no obligation, but get some free information.
We do these things regularly.
Also, if you are on socialmedia Facebook or Instagram or
(24:59):
if you follow podcasts, wepodcast all of our favorite.
If you follow differentpodcasts.
We podcast our radio show here.
We do a number of radio showseach week, speaking of which,
every Friday morning it's aprivilege and honor to sponsor
the Hometown Hero series andevery week it's amazing to hear
stories of men and women servingour community.
(25:19):
Brittany Rowland, who continuesto work with families in our
area who were impacted byHurricane Helene which again I
know it's hard to believe we'recoming up on a year.
Brittany's going to be heretomorrow morning to tell us how
you can contribute to the fundthat supports victims of Helene
who are still struggling.
Tomorrow morning 845, we'regoing to honor Brittany Rowland.
(25:40):
And, of course, if you knowsomebody in the community that's
making a difference, somebodythat's an unsung hero, they
could be out there very publiclyserving.
They could be behind the scenesworking with our nonprofits or
our churches or our schools.
If you know somebody making adifference, please reach out to
WHKP, nominate them.
We have a number of storiesevery single Friday that we
(26:01):
share and sharing the good newsand again, this is what makes
our community the generosity,the sense of community, the
volunteering.
You know we're certainly goingto be having conversations
upcoming again in regards to theanniversary of Helene.
I know it's a marathon of arecovery and there's so many of
our communities still in thathealing process and it's
(26:25):
important to remember that.
It's important to support ourcommunity.
We saw it.
We saw it happen Neighborshelping neighbors.
You know the people showing upout of nowhere and not by
accident and we'll continue totell those stories on the radio
and on our Hometown Heroesseries.
But you certainly can reach outto WHKP, nominate someone that
(26:48):
we can share about their story,and I've shared this before.
It's one of my favorite books.
It's a book called Hero on aMission and with any good movie,
any good epic book you've everread, if you really dive into it
, there's four main charactersand really it's what sets apart
(27:08):
the epic stories.
Maybe you think of Lord of theRings or Star Wars or any of
these epic stories.
The storytelling is you havefour main characters that makes
an epic story and you have avictim you know someone, that's
whatever challenge they'refacing, then you have the hero,
then you have a guide and youhave the villain and you can
(27:32):
pick out if you notice this, andwhen you're watching movies or
reading a book, these fourcharacters always show up.
Now this book here on themission by donald miller.
Uh, he he's so eloquent incommunicating about these four
different roles, but hedescribes it so easily and
simply.
But victims heal into heroes,and then heroes grow into guides
(27:57):
and then villains are victimsthat never healed.
But you can see that, you know,maybe you even do some own
reflection in your own life and,by the way, you can be all four
of them at any given point andyou might say to yourself am I
being a victim right now?
Am I being a hero right now?
Am I being a guide right now,or am I being a villain?
But you know, certainly somepause for reflection.
(28:19):
But we saw so many heroes showup in the face of Helene.
And again people showing up,people showing up for other
people, people that losteverything.
They could have calledthemselves victims themselves,
but they ended up being heroesfor others.
And then also the guides.
The heroes grow into guideswhere they're helping others.
(28:40):
They're been a hero forthemselves, but then they become
a guide to others.
And then, of course and there'salways a second chance, for
sure.
But anyways, recommend thatbook Hero on a Mission by Donald
Miller.
But we love being here everyFriday morning sponsoring the
Hometown Hero series.
We're here every Thursdaymorning with the Georgia Real
Estate Group live radiobroadcast here on WHKP.
(29:01):
We've been actually doing thisradio show since 2011.
Share with you positive news.
In 2011, by the way, we hadover a two-year supply of
inventory.
You could certainly say the skywas falling then.
We were only averaging some 70homes a month selling and it was
very common a six-month days onmarket to get a home sold.
So I mean, not the market ofwhat it was.
(29:22):
We've certainly, the market hascertainly evolved and there's
and I don't make light of thechallenges that we face now, but
you know, the market's alwaysevolving, the market's always
moving, it's never just in oneplace, and so we're watching it.
We study the numbers, we studythe market, but when it comes
down to it, your situation, yourhome and we're here at the
(29:43):
George Real Estate Group toadvocate and to facilitate your
wishes and what works for youand to help you navigate through
the buying and selling process.
We're here to help you throughyour estate planning.
We work with estate attorneys.
We're here to help you withyour tax strategies.
We work with investors and taxstrategists, from our attorneys
to our CPAs to our, you knowfinancial advisors.
(30:07):
We have an incredible team inplace to help you navigate
through.
You know the buying and sellingprocess through the, or if you
have investments and maybeyou're looking to buy into
investment real estate,investment portfolios, maybe you
want to build your ownportfolio.
Maybe you're at a point whereyou're saying, hey, I'm done
managing a portfolio of realestate and we navigate through
(30:27):
all that.
We have 1031 exchange optionsand DSTs.
If you didn't get a chance tohear our program with Troy Wada,
you can go listen to ourpodcast.
If you want to hear more about1031 exchanges and DSTs,
certainly encourage you to go toour podcast.
But we're so grateful to behere with you every Thursday
morning sharing with youpositive news about your local
real estate market.
(30:47):
We're here every Thursdaymorning.
We're here every Friday morningat 845.
Thanks so much for tuning intoday.
Find us online atrealestatebygregcom.
Follow us on social mediaFacebook and Instagram.
Follow our podcast.
Ultimately, give us a call828-393-0134.
Have a great day and we'll seeyou tomorrow morning.
(31:17):
Maybe the house feels a littletoo big these days, the stairs a
little steeper, the pace oflife a little too fast.
But what if your next movewasn't about letting go.
It was about making space forpeace, for freedom, for what
matters most.
At the George Real Estate Group, we understand that real estate
(31:39):
isn't just about the house.
It's about transitions, timingand trust.
We've helped thousands offamilies in Western North
Carolina make smart, thoughtfulmoves closer to nature, closer
to family, closer to home.
So when you're ready to rightsize, simplify or start fresh,
(32:00):
we'll be here.
The George Real Estate Grouplocal, trusted, proven.
Call us today, 828-393-0134.
Find us online atrealestatebygregcom, because
your next chapter deserves tofeel just right.
Speaker 2 (32:16):
Thank you for listening to the George Real
Estate Group podcast.
Tune in next time for moreindustry news updates and real
estate tips.
You can reach Greg, the GeorgeReal Estate Group, at
828-393-0134 or atrealestatebygregcom.
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