KEYtoVEGAShome The Truth About Zillow Zestimates - Inside Secrets
By Kenneth Manesse
Zestimates became popular because outside of an appraisal or comparative market analysis generated by an experienced Realtor, it can be really hard to judge whether your home is gaining or losing value. After all, no one wants to bet on a losing horse, even if they live inside that horse and it shelters them from the elements and a place to make memories (must be a Trojan horse) The Truth About Zillow Zestimates!
KEYtoVEGAShome The Truth About Zillow Zestimates - Inside SecretsAug 30, 2019
KEYtoVEGAShome 5 Major Buyer Mistakes - Inside Secrets
https://www.keytovegashome.com/resources/book-inside-secrets
Mistake #1: Not sure where you want to live?
KEY #1: Start looking for your area first
In a neighborhood with high demand and a lot of motivated buyers, homes can sell within a few days. You don’t want to get stuck in a position where you are making a rushed decision on a home because your current one is about to sell. I help my buyers “know” where they want to live.
Mistake #2: Letting Zillow building a search for you.
KEY #2: We build searches for them NOT Zillow!
Zillow is using my old data (from my paid fees to GLVAR as a Realtor) Zillow does not get current and accurate information, it’s old, not updated, and most times inaccurate. I help buyers understand that searching on Zillow only leads to disappointment, discouragement, and dead dreams. I Build searches into kvCORE so the system will help you see what's going on online with your search.
Mistake #3: Not being COA approved
KEY #3: Get COA Approved
You might know that you’ll be “approved” for a mortgage loan based on your steady income, your low debt-to-income ratio, and your high credit score — but the seller probably doesn’t know that. The only way to prove to the seller that you’re a qualified buyer is to be underwritten from a lender. “Prequalification is absolutely paramount,” but UNDERWRITTEN will give me the power at the negotiation table.
Mistake #4: Not planning for the “right” strategy
KEY #4: Work on the Plan, Strategy, & Tactic
To compete against other potential buyers, you want to put the least amount of contingencies on your offer as possible. In a seller’s market, I don’t recommend that you put an offer on a home that is contingent on the sale of your current one, because it will turn sellers off. If there is ever a time when a bidding war could be imminent, it’s during a seller’s market. No buyer wants to be involved in such a battle for fear of possibly going over budget. But my solution for buyers: “Set your search below your max budget to leave room in case of an over-asking bidding war.”
Mistake #5: Making a low offer
KEY #5: Make your best Offer
The motivation to buy what we want for as little money as possible is deeply ingrained in us. So when most people see the listing price of a home, they naturally wonder what they can really get the house for? Offering lower than asking price is a reasonable strategy, especially if the house is overpriced compared with other similar homes in the area, or if it’s a buyer’s market with lots of available inventory. But trying to get a deal when you’re in a seller’s market might not be the best tactic. “In a seller’s market, many buyers do not step up with a strong enough offer.” There is usually a shortage of inventory, and the competition is usually fierce. I always encourage my buyer to come in with a strong opening offer.
Music: Bensound.com
KEYtoVEGAShome Protecting Your Escrow - Inside Secrets
Market research shows that an average Las Vegas, NV real estate agent will spend nearly 20 hours performing their own transaction management work.
I realize the importance of communication in my business and do everything I can to ensure everyone is in constant contact. I incorporate multiple channels of communication in my day to day operations.
That's why I protect my clients with a second level of protection and keep the escrow process moving with less stress and help make it close faster.
https://www.keytovegashome.com
Meet my Transaction Coordinator: Stacey Jamison
What is a transaction coordinator? A Transaction Coordinator (TC) manages all details involved in closing a Las Vegas, NV real estate transaction and monitors the entire process through agents, clients, escrow companies and property management companies.
Music: Bensound.com
KEYtoVEGAShome The Truth About the Coming Recession - Inside Secrets
According to the experts surveyed by Pulsenomics, the top three probable triggers for the next recession are:
Monetary policy
Trade policy
A stock market correction
A housing market correction was ranked ninth in probability. Those same experts also projected that home values would continue to appreciate in 2019, 2020, 2021 and 2022.
https://www.keytovegashome.com/resources/book-inside-secrets
This weeks expert guest: Candice Vanderbilt
Candice grew up in a military family. Moving once a year was just the way of life. It taught her how to make friends quickly, learn new surroundings, and deal with change as it comes. It only makes sense that she would find her passion in Real Estate. - She’s probably packed more boxes then your local UPS manager!
Candice has aligned with Crown Point Realty and be contacted at:
702-682-6917
cvanderbilt@cprnv.com
www.VanderbiltRealtySolutions.com
980 American Pacific Dr #111, Henderson, NV 89014
KEYtoVEGAShome How to Protect your Real Estate Investment - Inside Secrets
It is human nature to want to be right, particularly when it is your job to be the expert. That is one reason why financial planners, individuals who have spent years studying and passing examinations to be allowed to consult people about their wealth, can be quick to minimize the role of real estate assets in a client’s portfolio.
The average CPA receives little to no advanced education about real estate, be that the market or how to manage real estate assets.
Perhaps more importantly, such an advisor spends little to no time keeping up with the market or working in that space on a day-to-day basis. Real estate is not something that you can track casually; it is a fast-paced, highly nuanced industry.
That is why a new branch of financial planning called Integrated Asset Management (IAM) is gaining traction.
Guest Expert Edwin Dearborn
Edwin's father is a decorated Marine who served in Korea, and also served in Vietnam as a pilot.
Growing up with his father, Edwin learned the power of discipline and hard work. Moreover, he developed a great love for country and our unigue history as a Republic. Edwin's love for country and history continues to grow to this day with an interest in politics and early American history.
Edwin grew up in Newport Beach as a child and teen. Up until 2016, when he moved to Henderson, he lived in Irvine and Tustin, California.
https://www.linkedin.com/in/edwindearborn/
https://www.keytovegashome.com/resources/book-inside-secrets
Music: Bensound.com
KEYtoVEGAShome When your loan goes to underwriting - Inside Secrets
How to speed up the home buying process! With expert guest: Quint Zuhlke
https://www.keytovegashome.com/resources/book-inside-secrets
The best way to speed up the process is to make sure your paperwork is complete, which should allow your loan to sail through in as little as two to three days—if you're lucky, even just one day.
Quint Zuhlke spent 6 years in the U.S. Army serving 2 tours in Baghdad for a total of 26 months. Born and raised in Las Vegas, NV and he LOVE IT! Quint would encourage anyone thinking of moving here to visit and spend time away from the strip.
Guaranteed Rate, Inc. is an equal housing lender. NMLS ID 2611.
Quint Zuhlke, VP of Mortgage Lending. NMLS ID 1497453.
Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information. Guaranteed Rate cannot guarantee that an applicant will be approved or that a closing can occur within a specific time frame. All dates are estimates and will vary based on all involved parties level of participation at any stage of the loan process.
Contact Guaranteed Rate for more information. Quint Zuhlke VP of Mortgage Lending quint.zuhlke@rate.com www.rate.com/quintzuhlke
O: (702) 425-2053 - C: (702) 271-7855 - F: (234) 200-7530 9121 W. Russell Road Suite 210, Las Vegas, NV 89148 NMLS ID: 1497453
KEYtoVEGAShome Why you need title insurance - Inside Secrets
Have you ever wondered why you need title insurance? Your home may be new to you, but every property has a history. A thorough title search can help uncover any title defects tied to your property. And, subject to the terms of the policy, your title insurance provides protection for you from title problems that may become known after you close your transaction. Some of these common title issues we cover in this podcast.
https://www.keytovegashome.com
Tim K. Sams is a resourceful sales executive with an award-winning record of achievement. With more than 20 years of sales experience, Tim's expertise is creating value and building business for his clients. Highly organized, with a focus on long-term relationship building, training, product offerings and delivering a higher level of service.
Specialties: - Follow through and relationship building - Branding - Lead Generation - Creating systems that create business - resulting in new revenue streams and profitability. Tim provides his customers with real estate knowledge supported by the technologically advanced tools of First American Title Company. Areas of expertise; Social Media, Digital Advertising, Circle Prospecting, and CRMs.
Contact Tim Sams via text, phone, or email. 702-378-3342, TSams@FirstAm.com
https://www.keytovegashome.com
Music: bensound.com
KEYtoVEGAShome Active Military Service Members Receive BAH? - Inside Secrets
This weeks guest: Bill Gaylord is one of the leaders of the Gaylord-Hansen Mortgage Team, a nationally recoginzed elite team with locations in San Diego, Las Vegas and Phoenix, having closed over $2.5 Billion in loan volume over the last 10 years.
Inside Secrets - Active Military Service Members Receive BAH?
Since housing costs can differ so greatly from city to city, location also has a huge impact on rates. It’s important to note that BAH calculations are made according to the location of the service member’s base or duty station, and not the location of his or her primary residence. It’s also important to keep in mind that the allowance a service member receives won’t necessarily cover his or her exact housing expenses.
https://www.keytovegashome.com/blog/24610/Active+Military+Service+Members+Receive+Bah%3F
Bill presently serves as the Chairman of GHCommunity Foundation, a 501c3 non-profit organization that donates thousands of new and used shoes to San Diego school kids each year, and supports many other Veteran organizations. Bill is also the Chairman of VA Homebuyer Success Foundation, a 501c3 dedicated to educating and promoting homeownership to active and retired military. He was previoulsly the past Chairman of the Rancho Santa Fe Education Foundation raising over $1 Million dollars each year, and previoulsy on the Board of Directors of the Community Foundation for Southern Arizona.
Contact Information Bill Gaylord | NMLS #680603
Gaylord-Hansen Mortgage Team loanDepot
(858) 776-6830
bill.gaylord@gaylordhansen.com
www.gaylordhansen.com
9516 W Flamingo Rd Ste 310 Las Vegas, NV 89147
KEYtoVEGAShome: The Truth About Zillow Zestimates - Inside Secrets
Today’s podcast: The Truth About Zillow Zestimates
The Perception Versus the Reality of Zestimates
Zestimates became popular because outside of an appraisal or comparative market analysis generated by an experienced Realtor, it can be really hard to judge whether your home is gaining or losing value. After all, no one wants to bet on a losing horse, even if they live inside that horse and it shelters them from the elements and a place to make memories (must be a Trojan horse)
The Truth About Zillow Zestimates! Grab a FREE copy of “INSIDE SECRETS” By Kenneth Manesse, eXp Realty. What I wished my Realtor told me about real estate! See the real estate process from the inside. #1 Best seller for clients! https://kennethmanesse.exprealty.com/resources/book-inside-secrets
Today’s expert guest:
Jay Valento has a Bachelor’s Degree in Marketing from California State University at Long Beach and 26 years of real estate experience. He has is a member of the National Association of Realtors and the Pacific West Board of Realtors. He is associated with Realty ONE Group Diamond. Jay Valento helps people buy and sell real estate. He loves helping happy buyers and sellers with their real estate plans. He loves working with investors too.
Call Jay at 562-413-7655 and schedule a time to talk about your real estate plans over coffee. Real estate is a relationship business and Jay enjoys getting to know his clients. www.redwagonteam.com
Blog posted mention in podcast: https://www.redwagonteam.com/zillow-long-beach-ca/