Welcome to Real Estate Pro Tips. Pete Sabine and Leslie Whitney are real estate professionals with Compass and the Five Star Real Estate Team in the San Francisco Bay Area of California. This podcast series features guests who are specialists in home loan financing, staging, property inspections, property management, home warranty, insurance, and other real estate related services. Our podcasts provide real estate expertise to give you a competitive edge and provide insight with useful information so you can make an informed decision for your real estate needs. Our goal is to provide proven tips and strategies to make your home buying or selling goal a reality. Pete has represented homeowners & buyers since 1985 with over 36 years of local real estate expertise and over 1000 successful real estate sale transactions. Pete excels at real estate contract negotiations, home preparation projects, social media marketing, creative financing and real estate investment strategies. Pete is the co-author of the book "Get the Best Deal When Buying or Selling Your Home" which is like having your own coach in a book. Our podcast series is the online version of this book where you can access each podcast episode as a resource. Leslie has over 16 years of experience in advertising, marketing, banking, retail, commercial and residential real estate. We hope you enjoy our Real Estate Pro Tips and we encourage you to share our podcasts with anyone you know who is looking to buy or sell a home Call or Text 925.297.5335 to reach us with your questions or referrals.
Episodes
Thursday Dec 10, 2020
Thursday Dec 10, 2020
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: joestokley@stokleyproperties.net
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
Thursday Dec 03, 2020
Thursday Dec 03, 2020
Buyer Representation Agreements and Realtor Agency Relationships for Buyers and Sellers.
Thursday Nov 26, 2020
Thursday Nov 26, 2020
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.
Five Star Real Estate Pro Tips
Thursday Nov 19, 2020
Thursday Nov 19, 2020
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 info@fivestarrealestatepro.com.
Thursday Nov 05, 2020
Thursday Nov 05, 2020
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
Thursday Oct 29, 2020
Thursday Oct 29, 2020
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
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 info@fivestarrealestatepro.com.
Thursday Oct 22, 2020
Thursday Oct 22, 2020
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
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 info@fivestarrealestatepro.com.
Thursday Oct 15, 2020
Thursday Oct 15, 2020
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
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 info@fivestarrealestatepro.com.
Wednesday Sep 30, 2020
Wednesday Sep 30, 2020
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
Thursday Sep 24, 2020
Thursday Sep 24, 2020
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