Episodes
Saturday Nov 11, 2017
The #DailyReal 352-355
Saturday Nov 11, 2017
Saturday Nov 11, 2017
Hey, it's Wayne Turner and you're watching the Daily Real Estate Show. Hey, I'm Wayne Turner. I'm the broker over at Turner Real Estate. You do not want your front door to look like this. If you wanna buy a house, just ask yourself these three questions. Purchase these houses for literally 500 dollars out of pocket. For more than 21 years, I have specialized in the sale in homes. Beautiful day, going to list a house.
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I wanted to talk a little bit today about homeowners, condition of property, first time homeowners more so than anything and I get this question a lot. What about the condition of my house? They'll say, "Wayne, I've never saw the house before." Or most os the time, I can just kind of tell. I've been doing this for a long time and I can just kind of tell and I ask people, "Have you ever owned? Was this your first home? Have you ever sold a home before?"
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We try to make it as easy as possible. Most importantly, the purpose of the videos and the things that we do is to educate consumers here on the North Shore about selling their home and pretty much anywhere in the country, if you're selling your house.
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So condition, people ask me about condition. The best thing to do is clean, clean, clean, clean, clean. Start at your front door and wipe down your front door. After you wipe it down, if it still looks like it may be a little mold, a little mildewy or if it just has a little bit of dirt or grime, put a fresh beat of caulk, fresh coat of paint. Clean it up really good. If you have to, change the doorknobs. If they're faded, the sun's beat them down, change the doorknobs. By changing the doorknobs, it will actually make the house look a hundred times better.
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It's that first impression. When you walk up to the house for the first time, you're looking at homes you walk up to the door and you're like, "Wow. If the front doors look this nice, the inside must be fantastic." That's the first thing is clean front door. The next thing is landscaping, spruce it up on the outside. Put down pine straw. I've discovered over the years that you can use pine straw as opposed to pine bark mulch. It's much cheaper. It doesn't put off the odor and termites don't eat the pine straw, but they love ...
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I never figured that out. Think about that. You're going to take moist chops of wood and put it all along down on the ground, right up to your house. Don't do that. Just use pine straw, pine needles. A quick little shout-out to Gomez Pine Straw. He does a fantastic job. I've used him personally for years. He delivers. Gomez Pine Straw. Just google Gomez Pine Straw [inaudible 00:02:32]. Tell him Wayne Turner sent you.
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Anyway, that's the only condition. Hope you're having a good day. If you've just tuned in, you're watching the Daily Real Estate Show. The thing that ... The other thing is people say, "What is your house worth? Well, what is my house worth? How I know what my house is worth?" We do a couple of things. One, I subscribe to the same database as real estate appraisers do. I know based on other homes that have sold in the last six months in the area, within a three mile radius of your house, what the value is going to be.
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For example, if your house is sold and your in a residential neighborhood with 500 houses, I can promise you there's going to be at least three homes that are gonna be comparable to yours that have closed in the last six months. That's real simple. We just take those sold properties and we look at what your bedrooms, baths, square footage, year built and we try to find three comparable properties. We're not looking at active homes. We're not looking at homes that are on the market. We're looking at the homes that are physically closed and sold.
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Once we find those three, we pretty much look at those. We make some variances based on condition, paint, carpet, what theirs has that yours doesn't have. I hope you're having a good day. You can catch us on the web, Wayne Turner dot com. You can also give us a call anytime if you have any questions, concerns. You wanna know your property value at total property access dot com or call us at (985) 626-1313.
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Now, the next segment is when it's shown, how much notice will I have? I kind of touched on that a minute ago. Phone's ringing. I kind of touched on that a minute ago. When it's shown, you're given anywhere from four to six hours notice to as much as thirty six if you need it. Really, it's your discretion. I have some people say, "I work nights. I can't show it until after 3:30, 4 o'clock." We work around your schedule. It's okay. Most importantly, you're made aware of and we let you know when the property is going to be show. What day and what time.
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Now, most importantly what we do and I can't speak for everyone but I can tell you what we do personally is we give you feedback from every showing. After the property is shown, we text the buyer, text agents, email, make phone calls. We want to know what is it that they liked or didn't like about the property. Is it something that we can do? Is it the conditions? Is it the carpet? Here's the thing. I don't want to know what the agents though about the property. They're not buying the property.
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It takes two weeks to get your real estate license in Louisiana and you become a personal home shopper. Some people are designers, some people are retired military, some people are firefighters, some people work in a factory. We come from all walks. A lot of them are part time and it's real easy to get your real estate license. The reason why I say this is that it's ... you have to take their opinion with a grain of sand because ultimately, they're not buying the property. What we want to know is we want to know the feedback from the buyer. What did the buyer think about the property? Is there anything that we can change or improve upon the property?
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One thing we like to ask the buyer on the property is on a scale of one to ten, where would you see yourself buying that property? We also want to know what was it about the property. Was it paint, carpet or anything such as that because if it's paint, then what we try to do is ... Okay, if we could get the seller to give you an allowance, would that be something that you could ... to consider. Or if we could get the seller to do a carpet allowance or paint allowance or anything like that.
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Somebody says, "Well, I like the house but I need a fence." Well, look we can get the seller to give you a ... put in a fence then you could still purchase the property. That's kind of something. Anyway, that just kind of gives you some feedback. We always give you feedback. You want to know what's going on, you can't help but ... Somebody shows your property like what do they think about my house? They came through and I haven't heard. We make sure you hear. We inundate you with communication here at Turner Real Estate Group. That's my biggest pet peeve is communicate, communicate, communicate.
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Anyway, I hope you're having a good day. I hope you've enjoyed this daily real estate show. It's a vlog, it's a podcast, it's a blog, it's a vlog with a V. V, vlog, podcast and the things we're trying to do is just to educate consumers, public here in the North Shore and anywhere around the country if you're listening on how to save money, sell your house quick and have absolutely no stress in the real estate transaction so we'll see you soon. Check us on the web at Wayne at Wayne Turner dot com or catch us at (985) 626-1313.
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Now, one more thing is home warranties and some people say, "Well, what's the deal with home warranties? I've heard them advertised on ..." There's some stuff around here. I wonder where I put it. Oh here it is, hang on. All right, so people ask me about home warranties. When you put your house on the market, you can put a home warranty on the property. Selling your home for the first time? You can put your house whether it's your fifth home or you're an investor or whatever. You can put home warranties on properties. This is just one of the companies we use, Old Republic. They've been around for a long time. They don't give us any personal endorsement or anything like that. They just treat our customers really well.
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So much as, I've got one on here for six hundred and nine dollars. That's my personal home. It works. One of the things that you can do when you put your house on the market is you can offer a home warranty and a home warranty actually shows a home buyer that can actually buy your home and a warranty is covered on the house. Now, what does a warranty cover? Warranties cover water meters, central heat and air is our cover appliances. You can actually pay extra for them to cover pool equipment, wells, septic systems, even washer and dryers. They cover all of the appliances.
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The way it works with a warranty is you sell your house with a warranty, you're selling it as is with waiver [inaudible 00:08:33] in Louisiana. If something were to go wrong on a property, the buyer can just pick up the phone, call a toll free number and when they call a 1-800 number, the person on the other line with the home warranty company sends out a local service provider. The local service provider than looks at the item. If they can fix it then, they can. If not, they report back to the warranty company. The cost out of pocket to a buyer is seventy five dollars. The cost to you, as a home warranty runs anywhere from four to five hundred dollars, sometimes upward of seven hundred dollars if the pool is covered and multiple central ... If you've got four central heating air units and that sort of thing. It's a good little marketing tool.
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Anyway, that's the take on warranties if you're selling your house for the first time. Put a warranty on it and some other cool stuff that we do here at Turner Real Estate Group. Hope you're having a good day, catch us on the web, Wayne Turner dot com or gives us a call at (985) 626-1313. We'll see you.
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