Real Estate Careers and Training Podcast with the Lally Team

Adrienne Lally · Real Estate Code of Ethics and What It Means to You This week on the Team Lally Real Estate Radio Show, we'll discuss the code of ethics that all licensed realtors need to follow, and what it means to you as a home buyer or seller. Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings. To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/

Preparing your home for sale isn’t hard if you know where to start! When it comes to preparing your home for market, there are three tried-and-true tips to follow:  1. Clean. Leave no area unscrubbed; when you think you’ve finished cleaning, clean some more!  2. Declutter. Here’s a general rule of thumb to remember: Look in every room and eliminate about one-third of the items in there.  3. Depersonalize. Imagine you’re a huge fan of a particular team. If you leave up all of your fan merchandise and memorabilia, it could distract a buyer whose favorite team happens to be your team’s rival. You never want to offend or distract potential buyers by broadcasting your personal interests; let the house speak for itself.  Hopefully, these three simple tips can get you started on the right path. If you have any questions on this or any other real estate-related topic, feel free to reach out to us via phone or email. Don’t forget to listen to the Team Lally Radio Show every Saturday on AM830! 

Adrienne Lally · Things You Should Do to Maximize the Sale Price of Your Home This week on the Team Lally Real Estate Radio Show, we talk about affordable rentals due to Bill 7. We provide some updates on our friend Pebblz and what you can do to help in her fight with ALS. Listen to our top 10 things you need to do to your home to maximize the sale price. Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings.  To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/

Adrienne Lally · ALS Awareness with Pebblz Ronquilio This week on the Team Lally Real Estate Radio Show, we interviewed Sharlene Pebblz Ronquilio who talked about her journey and obstacles faced with ALS. We also discuss what we as a community can do to help find a cure for ALS. Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings. Who is Sharlene Pebblz Ronquilio? Sharlene "Pebblz" Ronquilio is a former Mrs. Hawaii America, co-founder of 2 bodybuilding NPC qualifiers, and currently Ms. US Ambassador for ALS. She used to play competitive roller derby (with Adrienne), loves camping and the outdoors. She is  a mother of 3 and has a granddaughter arriving in July 2020. She was diagnosed with ALS on Sept 11, 2019 and has been an advocate for helping the local Hawaiian community find a cure for ALS. To reach Pebblz you may contact her in the following ways: Phone: 8083931155 Email: [email protected] Website: https://www.als.org/ Facebook: https://www.facebook.com/groups/2461755630538792/

Adrienne Lally · A New World of Teaching This week on the Team Lally Real Estate Radio show, we talk about the importance of teaching and how it has been evolving in the new times we are living in today. Mike Pembrea of Coral Crater Adventure Park in Oahu discusses their reopening and the improvements they have employed to ensure the safety of all park visitors in the wake of the Covid-19 pandemic. We've also got upcoming special events, tips from the experts, local market updates, newly built homes and this week's open house schedule! To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/

HI Pacific Property Management offers these three guarantees. Today we are joined by a special guest, Duke Kimhan of Hawaii Pacific Property Management. Duke and his team offer three specific guarantees to all of their clients: communication, eviction, and rent.  The communication guarantee ensures that you’re always in contact with your property manager. The eviction guarantee states that if we have to evict someone we will pay for the legal costs. The rent guarantee says that they will rent your house for no less than a specified amount. If they have to rent it for less than that, they will pay you the difference. Duke and his team are some of the best in the business. Why is it so important to have a full-time property manager? If you’re going to invest hundreds of thousands of dollars in a property, why would you trust someone who only works part-time? Duke and his team are some of the best in the business. If you have any questions about the guarantees or property management in general, reach out to Duke here. If you have any other real estate-related questions, don’t hesitate to contact us. We would love to hear from you.

If you’re selling your own home, don’t make these mistakes. If you’ve thought about selling your home on your own, here are the biggest mistakes FSBO home sellers make:   1. Failing to have a proper marketing strategy. Half of the time we call FSBOs, they have no marketing plan or a very disjointed one. Before we bring a home to market, we take it through a 137-step marketing plan.   2. Failing to properly price the home. Statistically, homeowners are leaving a lot more money on the table when selling on their own. By hiring a Realtor, you will actually net more money.   3. Failing to disclose or understand the terms of the contract. By decree of Hawaii Revised Statute 508-D, you must disclose all material facts regarding a home. You also need to be careful of the pesky terms in those contracts that could result in you looking over your shoulder for the next seven years (the statute of limitations for this crime, we think).   If you have any other questions for us, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon. 

Adrienne Lally · Give Peace a Chance This week on the Team Lally Real Estate Radio show, we'll talk about the current state of affairs and why it's always a good thing to promote #peaceandlove. We also have amazing home and real estate tips from our favorite experts!Also in this episode: Quotes of the day, Tips of the week, special events, this week's Open houses and Coming soon listings. To get the latest Covid-19 information and its impact on the current real estate market, visit https://www.teamlally.com/covid19/   

If you get a one-star review, what’s the best way to respond? -94 percent of consumers say that a bad review has convinced them to avoid a business. -53 percent of customers expect businesses to respond to negative reviews within a week. -But 63 percent say that a business has never responded to their review. -45 percent of consumers say they’re more likely to visit a business that responds to negative reviews. How to respond: 1. Address the reviewer 2. Say thank you 3. Apologize and sympathize 4. Take responsibility 5. Make things right 6. Take the issue offline 7. Ask for a second chance

We’re comparing April 2020’s market data to April 2019’s. We’re comparing April 2020’s market data to April 2019’s.Let’s jump right into the numbers, shall we? The median sales price for single-family homes in April 2020 was $809,000, up by 5.5% year over year. Closed sales this April (248) were down 22% year over year. Meanwhile, inventory for single-family homes dropped 45% from April 2019. For condos, the median sales price in April 2020 was $450,000, up by 7.4% year over year. Closed sales were down by 28% at 343. Condo inventory also dropped heavily, down by 39% from April 2019. To sum things up: Inventory is down, prices are up, and days on market has decreased slightly—overall, sort of a balanced market. So, if you’re looking to buy or sell, now is the time to enter the market. As always, reach out to us via phone or email if you have any real estate questions. We’re here to help, and we look forward to hearing from you. Be safe, and Aloha!