Realtor Conversations

Jennifer and Rick Scherek

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Today we’re welcoming to the penthouse Jennifer and Rick Scherek, a husband and wife realtor team with Edina Realty. Rick and Jen are here to talk about the bizarre market we find ourselves in, family life, and making the deal perfect for clients.

 

In this episode:

  • Why Jennifer thinks “bizarre” is the perfect term to describe this market.
  • Rick pinpoints the exact moment the market swung.
  • Why the market has gone more in favor of buyers.
  • The impact of the rate rises on the market.
  • How the market is creating opportunities for both sellers and buyers.
  • What it was like for buyer pools pre-rate hike.
  • Why buyers can take their time purchasing in today’s market.
  • Why Jen is happy about the market swing.
  • About the premium on sales and the normalization of the market.
  • Understanding the main points of today’s market and how it offers opportunities.
  • The mourning period for sellers and coming out of it.
  • Discussing the difference between the 2008 crash and now, including loans.
  • Irresponsible lending and its consequences.
  • The obvious downside and upsides of the COVID pandemic.
  • Why it isn’t a bad time to buy or sell, it’s just a different time.
  • About Jens’ switch from flight attendant to real estate.
  • How Rick joined Jen in realty.
  • Getting away from the grind of the corporate world.
  • How Rick and Jen stay neutral in their business.
  • The benefits of growing up in the area.
  • About Rick and Jen’s family life.

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    Contact Jen and Rick:

    Email: [email protected]

    Phone: 651-558-6139

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