Real Estate Pro Tips

Being a landlord requires effort and dedication. If you live far away from your rental property or have other personal commitments, hiring a property management company is a good option. A professional property manager can relieve you of the burden and hassle of managing your income investment properties. This ensures timely payment of rent, proper maintenance of the home and fewer problems during the tenancy period.

Check back next week for Part 2 of this conversation

Website: stokleyproperties.net

Phone: 925-878-1603

Email: [email protected]

0:40 Introduction – Joe Stokley of Stokley Properties

1:52 Background in Property Management

7:49 Regions Covered

9:15 Typical Day/ Week

12:57 Important Qualifications for a Property Manager to Have

18:15 National Association of Residential Property Managers (NARPM)

22:41 Providing Communication to Owners

25:52 Appfolio

29:41 Reporting for Property Owner Accounting

32:22 Dealing with Repairs

34:39 Types of Properties Managed

35:41 Dealing with HOA’s

42:16 Vacant vs. Occupied Properties

43:12 Rently

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Five Star Real Estate Pro Tips

Buyer Representation Agreements and Realtor Agency Relationships for Buyers and Sellers.

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Real Estate agents have to get paid somehow, and that somehow is through commissions.

The commission payment is a big reason why realtors can get very competitive in chasing down leads and completing sales.

No sales, no commissions, no money. In this episode, Pete breaks down the commission process for realtors, and gets into why some realtors may be getting more in commission than they should.

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There are plenty of jokes and horror stories concerning Homeowners Associations. But how true or warranted are they? In this episode, the Five Star Real Estate Team breaks down the facts of HOAs and their impact on real estate transactions.

0:50 Start

1:25 HOA Facts and Figures

2:19 What is the Purpose of an HOA

3:01 Organization and Operation of an HOA

4:53 Joining vs Refusing

6:44 Fees

10:58 What if you want to get more involved?

12:19 Impact HOAs Have on Real Estate Transactions

13:31 HOAs Scaring off Potential Buyers

14:30 Finding More Information on an HOA

16:47 Owner Occupancy Ratio

20:46 Other Important Considerations

22:30 Issues Arising with HOAs

23:43 Questions for Legal Counsel

26:32 HOA Neighborhoods

27:41 Townhouses vs Condos

30:49 Cost of Ownership of HOA Homes vs Non-HOA Homes

32:44 HOA’s Impact on Re-Sale Value

34:18 Wrap Up

If you ever hear something on this podcast that interests you in any way and want to discuss it more, please do not hesitate to call or text my Five Star Real Estate Team at 925-297-5335. You can email us at [email protected].

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When you put your house on the market, there is a chance you get an offer right away that works for you. You will complete the transaction and sell your home with little or no issues during the process. That is always the goal, but it is seldom the reality. If your home does not get an offer right away, you should not panic. If months go by and your home is drawing little or no interest, then you might have a problem.

Phone Number: 925-297-5335

0:51 Open

1:39 Pricing Your Home Too High

2:34 Poor Home Presentation

3:01 Too Attached to Your Home

4:12 Houses That Smell

6:40 Lack of Emotional Appeal

10:47 Décor of the Home is Too Personalized

13:54 Less is More

15:04 Repairs

16:51 Market Trends are Changing

19:36 Working with a Novice Realtor

21:13 Wrap Up

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Five Star Real Estate Pro Tips

The holiday season is usually full of hustle and bustle from shopping, kids being out of school, or relatives coming to town. With so much going on, selling your home seems like an idea that would never cross your mind during the holidays. But in cases when you do need to sell during the last few months of the year, do so is far from impossible. In fact, when done right, you can sell your home much quicker and a much higher price than you could have gotten if you waited a few months for the spring season. In this episode, Pete shares his tips and strategies for successfully selling a home during the holiday season.

0:49 Open

1:56 Benefits of Selling During the Holiday Season

3:31 Selling in a Strong Market

5:38 Corporate Transferee Buyers

7:08 How Sellers Can Take Advantage of the Holiday Season

8:54 What if the Seller is Unsuccessful in Selling Their Home?

9:20 Other Considerations to Take

11:15 Pandemic’s Influence on the Holiday Home Sales

12:22 Wrap Up

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Five Star Real Estate Pro Tips

If you ever hear something on this podcast that interests you in any way and want to discuss it more, please do not hesitate to call or text my Five Star Real Estate Team at 925-297-5335. You can email us at [email protected].

We have talked about what it takes to buy your home in a sellers' market, but what about the other side of that coin?

What if you are looking to sell your home in a sellers' market?

A favorable real estate market does not guarantee that you will automatically walk away with top dollar for your home.

In this episode, Leslie Whitney and Pete Sabine break down what sellers need to know to get the highest possible sold price in a sellers' market.

0:49 Sellers' Market Characteristics

2:40 How Long Do Trends Last

3:17 Sell Your Home For the Highest Price

4:04 As-Is Sales and Repair Concessions

5:30 Preparation Steps

6:50 Enhancing Preparation

8:14 Pricing a Home For Sale

11:02 Creating Competition

13:05 Most Important Items From a Buyer

14:59 Pre-Approval Letters

16:54 Most Valuable Attribute in a Realtor Looking to Sell Your Home

18:36 Other Attributes

20:45 Homes Sitting on the Market

22:41 Wrap Up

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Five Star Real Estate Pro Tips

If you hear something on this podcast that interests you in any way and want to discuss it more detail, call or text Pete Sabine 925-297-5335.

Email us at [email protected].

Finding your ideal home and purchasing your ideal home are two very different challenges.

The last thing you want is to see your dream house fall into someone else’s hands because they won the competition with a better purchase offer.

In this episode, Leslie Whitney and Pete Sabine break down what makes up a successful purchase offer that will help you secure your future home.

1:23 Opening

3:34 Reviewing Offers

4:52 Sellers Circumstances

6:37 What Goes Into a Purchase Agreement

8:01 Earnest Money Deposit

9:39 Liquidated Damages

11:24 Contingencies in a Purchase Offer

12:43 Considerations for Homes Occupied by the Seller

15:13 Offer Price Strategy

17:22 Cooperating with Other Buyers in a Sellers' Market

21:54 “As-Is” Sales

23:19 What Else is Included in the Purchase Offer

26:01 Loan Pre-approval Letters

29:20 Eliminating Contingencies

30:52 Inspection Contingencies

32:46 How to Conduct Your Own Inspection

34:13 Other Offer Terms to Include

35:26 After the Offer is Submitted

38:11 What Does the Buyer Do Next

44:10 If the Seller Accepts Another Offer

47:00 Wrap Up

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Five Star Real Estate Pro Tips

If you hear something on this podcast that interests you in any way and want to discuss it in more detail, call or text Pete Sabinet 925-297-5335.

Email us at [email protected].

0:49 Introduction

1:28  Finding the right Realtor

2:02 What it takes to be a successful Realtor

3:39 What drives a great Realtor

4:30 Experience matters

5:42 Choose the right Realtor when when buying or selling

7:38 Best traits in a Realtor

22:55 Discover how Realtors excel 

26:33 Interviewing with Realtors

27:50 Wrap up

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Five Star Real Estate Pro Tips

Buying a home is more complicated than showing up with a suitcase full of money and making a purchase like you are at a supermarket. Very few buyers have that kind of financing on hand. Most will need to seek out other financing means, usually through home loans.

But not all loans are equal, and the process, as well as the vocabulary, can be very intimidating and confusing.

Bob Casper of Cross Country Mortgage joins the Real Estate Pro Tips podcast to help shine a light on the home loan process, and hopefully make the process seem less daunting to you, the listener.

After listening to this episode, give Bob a call if you are looking to secure a home loan. You can reach Bob Casper at 925-324-2029.

0:52 Opening

2:03 Home Loan vs Mortgage

5:41 Subject To’s

8:56 Reasons People are Denied a Home Loan

14:42 Improving Your Chances of Approval

17:11 Interest Rates and What Influences Them

19:12 Points

24:20 Buying Down Interest Rates

29:26 Rate Locks

34:46 Reasons NOT to Lock in a Rate

35:40 Pre-Approval Letter Conditions

39:56 Structuring a Competitive Offer

43:54 Contningencies and Time Frames

45:58 Eliminating Loan Contingencies

50:34 Conventional, FHA and VA Loans

55:01 Differences Between Loans

58:59 FHA/ VA Loans and Condominium Complexes

1:00:59 Mortgage Insurance

1:04:17 Adjustable Rate Loans

1:05:48 Mortgage Interest Rates & the Bond Market

1:10:41 Looking Ahead at Interest Rates (Crystal Ball Moment)

1:15:09 Loan Refinancing and Home Purchase Loans

1:18:34 Funding for Appraisals

1:21:29 Appraisal Standards in 2020

1:25:18 Underwriting Guidelines

1:28:12 Pros and Cons of Buying Your Next Home Before Selling Your Current One

1:31:43 Covid-19 Pandemic and the Housing Market

1:36:05 Lessons We Can Learn from the Pandemic

1:43:04 Wrap Up

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Five Star Real Estate Pro Tips