They’re not new, but they’ve been pretty rare… and if you are looking to buy real estate with the help of an agent these days, you can’t escape them. What is it?
Buyer-Broker Contracts.
Buyer-Broker Contracts are in the news these days. If you’re wondering how this will all impact the real estate world, We’re here to break it down for you… and have some fun along the way.
hello hello hello my fellow pickle peeps hello peeps Diane, Randal Breax here coming to you live from Prescott Arizona we are so excited to talk about all the wonderful changes coming uh due to some lawsuits against lawsuits basically they’ve made made a couple of lawyers uh really wealthy yep and uh they’re not good lawyers because their clients made like maybe $5 each yeah when when is settl is all said and done because we know the news is is very slanted it’s not giving you the full story after this class action lawsuit is settled amongst all the sellers they will make a grand total of about four or five dollars per person per seller yeah um but it is upset the apple cart for everyone else contct El in the whole world that’s right and so we want to give you a heads up that especially in the state of Arizona effective August 1 every client we meet all of our lovely buyers coming in you will have to sign what’s called a buyer’s contract a buyer’s employee agreement yeah it goes by a thousand different names which makes it that much help that that’s much more difficult we call it a buyer broker agreement yes but basically it is a contract between a buyer and a buyer’s agent just like a listing contract is a contract between a seller and a selling agent or listing agent that’s right so you are signing that you would love to work with us uh that you were going to employ us to help you find a home y to help you with every part of your move and all the other multitudes of things that we do for you uh during a a closing and during the process um it will go over our compensation and uh you’ll see what our uh commission rate will be except for now we can’t call it a commission yeah we can we can on the buyer broker agreement yeah say it’s the thing all the yeah you know how life is now everything has a has a uh what do you call it when you can’t say the word you got to say something euphemism everything’s got a euphemism so yeah there’s the commission on the buyer broker agreement you can’t talk about commission uh buyer commiss buyer agent commission on MLS on uh MLS or the listing contract ever again so so all this complication just so a few people can get $5 each and a couple of lawyers who aren’t very good can make a lot of money so when you come in please be aware we are absolutely unable we are forbidden it will be breaking the law Etc yeah forbidden forbidden ver verbot any word you can say any word you can the word is n o if you do not agree to sign unfortunately we will not be able to open one single door for you to take you on a tour hey don’t shoot the messenger we cannot open a door without a contract right we are not don’t shoot the messenger yeah and by the way all the other agents uh will tell you the same thing and if they tell you something different please call us so we can report them that’s right uh because this is the new law this is the way it is and you H you have to sign uh there aren’t a lot of you out there but for you guys who like to work with more than one agent at at a time even though only one’s going to get paid uh you’re not going to be able to do that anymore you’re going to have to have an exclusive agreement with one buyer it’s like a marriage you have to be committed you have to sign that marriage certificate yeah yeah and uh we would love to help you and unfortunately if we say I’m so sorry if you come in and you don’t feel comfortable signing it we are going to have to conclude our tour at that moment yeah um if we uh do not have you sign it and we take you in anyway we could be heavily fined yeah and I mean heavily fined uh and or lose our license yeah so obviously we’re not going to do that it’s just please understand that we’re not trying to be heavy on this um we’re not trying to make you feel uncomfortable um you know out of your element and making you sign something it is a national law yeah it will be across the entire United States and they will be looking very carefully for people who are not doing it right yes they do they do so don’t hold it against us uh we just wanted you to know when you come in and be prepared so that you know yeah okay I get it we’ll do this and then we can discuss how this compensation will work yeah usually we’ll do a sellers concession there’s a whole bunch of ways that most of it’s just gonna be it it’s my take on all of this is uh it’s really not going to change very much except for some words some additional paperwork that’s right uh it it’s it’s I don’t think it’s really going to affect the industry very much except to just make it a little more complicated a little a little more paperwork a little more paperwork so we just wanted to give you a heads up on that um and let you know what’s coming and in our little neck of the woods in Prescot uh the law starts August 17th but in Prescot we are enforcing all of this starting August 1st that’s pretty much Statewide in the state of Arizona because I think Phoenix is doing the same thing yeah we’ve upped our game we got all of our paperwork uh updated and changed to reflect the new law and so anyway um don’t shoot the messenger when we see you and we hope you understand and we’d love to take you out in a beautiful tour um take you in a bunch of houses but you should know before you even get in the car we’ll have to have that signed so I hope you understand we don’t make other rules it is what it is people we don’t make the rules we wish we didn’t have to ask you lawers making the world a better and safer place for all of us that’s right but we can’t wait to take you on a fabulous tour show you some great homes and what our town is is all about none of that has changed at all none of that has changed none of that has changed at all we still give great service we help you with your move we help you with everything finding places to do this do that help me with this painters this we’re still on call for all of that y the only addition will be this little paperwork that you have to sign exactly I just wanted to make sure you guys knew that before you got here absolutely so don’t be thrown be forewarned this is coming August 1st we can’t wait to see you and uh take you around and have a wonderful day and uh learn all about our beautiful Town absolutely cheers so that’s our unfortunately our tip of the day if you like tips place to go is our free information site whether you are a buyer or seller or somewhere in between there’ll be something there waiting for you that will amaze us down inform entertain and overwhelm and it is all absolutely free there you have it oh I forgot to tell you where to go you got to go to pickle four pickle uh what is it pickle 411.com yeah pickle 411.com that’s it all these new forms all these new forms I got so many numbers in my mind I can’t keep them straight we’re trying to keep it all straight pick and educate our educate our folks out there yes all right we look forward to seeing you soon and let’s go buying bye bye
hello peeps hello or he says hello peeps hello peeps di Rand bro Here I Am the pickle lady I’m the sidekick he’s the sidekick we are here to talk to you about some real estate things that we think might be helpful to you yep uh something we’ve learned and it’s very important um especially if you’re buying an older home yes so any home you know gosh earlier than the 90s I would highly recommend that you have with something something that’s called a sewer scope Sewer Scope it’s not sexy it’s not fun it is not sexy um it’s nothing to do with you personally they don’t they won’t scope you okay yeah you’re not getting scoped you you won’t get personally scoped so they basically they find uh uh they find the wash out for the sewer it connects your your home to the city sewer yes and they put a well they put a camera and a snake camera with a camera and they check the uh how well the pipes are doing um if they’re functioning they check to see a lot of these homes especially homes in the 40s and 50s are with galvanized pipes or pipes that have eroded because they’re very old old which uh a lot of people don’t know if you buy an older home and the pipes are corroded and filled with rust um they stop performing Y and then it can come back up into your house and then you call the city and say hey my pipes aren’t working you got to come fix this well guess what it’s on you nope um they do not come replace pipes in your front yard to the city sewer they don’t they’re just resp responsibity they’re responsible from the hookup on that’s right but you are responsible for getting your your to to their pipe so if your pipes aren’t working then they’re going to have to be fixed and it is very expensive it can be very expensive because they even have to do Street repair yeah you got to jack it all up sidewalks streets curve all that stuff has to be jacked up and then um and then replaced and then it can be very bad very very costly could be 30 to 40,000 so anytime we sell a home that’s exceptionally you before 1980 we always have a sewer scope go out because particularly if there’s a lot of mature Landscaping there’ll be a lot of trees and bushes well you also will get root intrusion and so those will go right through those Rusty pipes they’ll find a little opening and keep digging the way into there and then all of a sudden you’re clogged with rust and Roots yeah so nothing can pass out into the city sewer and then oh god that hurt something happened I had some root I think I had root intrusion myself root intrusion that was weird that was so weird one one thing I’ll point out we looked at some warranties that are available um home warranties home warranties that might cover that and there are some that are out there but usually they exclude rust and they exclude root Ro which are the two things that are going to kill you so if you buy an older home we always recommend um ask the seller uh go ahead and and mitigate these root intrusion and you can get it reamed out it’s not the end of the world yeah it’s just something that you should definitely investigate before you buy that home because you don’t want to find out five years down the line you’ve got a $40,000 pipe repair and maybe warranty will cover it maybe it won’t so I would always thing that’s bad about that to at least in this market is if a home is older generally it’s more uh less expensive so you might be paying $40,000 for a sewer repair uh a sewer pipe repair on a home that cost $400,000 yeah you know that’s that kind of hurts yeah and so you want to especially if you buy an older home have the Sewer Scope see what’s going on they could be perfectly fine they could indicate some root intrusion have it reamed out yeah and once you and remove those bushes remove those trees so it won’t happen again then your pipes will continue to perform so it’s not the end all like oh everything has to be replaced that’s not necessarily true it’s just things to mitigate that so your pipes continue to perform at top you know top top capacity one thing to know if you do have an older home uh you like once a month you can flush down what is it that’s right it’s called copper sulfate copper sulfate so if you’re in an older home right now it’s simple simple simple and you’ve got a lot of trees and maybe you don’t want to cut them down have the pipes ringed out and have those roots chopped out of there then every month after that to prevent further root intrusion uh you get a half a cup of copper sulfate and all you do is pour it in your potty pour it in your toilet only your toilet nothing else not your sink not the bathtub just the toilet flush flush flush that copper sulfate will get in there and dissolve any future Roots yeah the roots the the the trees don’t like it so yeah trees don’t like it so so you that it’s if you’re going to get if you get your pipes reamed you want to start doing that if you haven’t had your pipes reamed yet uh you might want to just start doing it because that’s cheap the reaming is not that expensive at the very least just start with the copper sulfate and uh you might prevent some problems yeah I do believe to have your pipes red out I think it’s like 175 175 an hour okay so if you’ve got extensive extend you know I mean you’ve got long pipes I mean that could be a little but it’s well worth it particularly if you’re buying a beautiful older home in the historic district or something like that it’s an easy fix yeah but it’s something you should be aware of most people don’t aren’t aware yeah yeah so yeah get your pipes reamed out yeah it doesn’t sound right but you know what I mean picol lady really knows her uh really knows her that’s our tip of the day if you like tips place to go is pickle 411.com that is our free information site whether you buy or sell or somewhere in between there’ll be something there waiting for you that will amaze us down educate inform and Mesmerize there you go and it’s all absolutely free that’s right and we’re happy to share our wealth of knowledge and every day and our Shenanigans and our Shenanigans mostly Shenanigans mostly shenan every day I learn something new sometimes I don’t want to learn but hey that’s life yeah living and learning and learning that’s what we say every day all right my friends hope this is helpful to you particularly if you’re looking at a Charming older Cottage we know the people to get your sewer scoped and we’re happy to recommend all right take care and have a beautiful beautiful day bye
One of the foundational principles of the American nation is that if you are unhappy where you are, you can always “vote with your feet” and move someplace else. And if you’re going to move, go where you are treated best! Tune in today to find out why Prescott might be that exact place for you… and how we can help you with that transition.
hello hello hello hello peeps this is Randall and I am diam brro coming to you from our beautiful town of Prescot Arizona and uh we wanted to talk to you or your fellow realtor agents here um we have a lot of folks who come in from all over the United States yes I mean we get people from New Jersey Massachusetts I mean Oregon Washington we get them all over and um we’ve had some people come in they’re like I don’t know if this is for me and I get that it’s not for everybody so you need to pick the town where you feel you are treated best that’s right and where you feel like a really comfortable fit yes and you’re with your folks so to speak so if you come to uh Prescot and you’re like you know what I I just don’t like it I don’t find people friendly here which is not true but anyway is not true um it’s very important that you have to be happy where you land the house is not enough it’s the community and what the community off offers and if it’s something that you’re like I just don’t know if this is for me that’s okay yeah and the local government for that matter if you live in a place where they’re constantly raising your taxes and lowering your services you know they take money for highways and the highways just keep getting worse every year there’s uh you’re not safe uh in certain areas of your town maybe you’re in your own home uh you’re not being treated well and one of the fundamental rights that humans have is they can vote with their feet they can go someplace else you can move with your feet and that’s the beauty of living here in the old us OFA uh if you don’t like it pull up Stakes go some place else life is short you know we want you to be happy where you land yes and that’s okay and for us you know I mean we came from the deep south and we we pulled up Stakes we didn’t like some things that were going on and uh so we pulled up Stakes was it hard yes um was it hard to start over yes was our family real thrilled not really but um you know it’s a great big world out there people yes and life is so short so we want you to land where you’re truly truly happy and where you feel a good connection yes and you have a good sense of community and so I think you’ll find that here in Prescot we think you will uh and if it’s not here you need to go someplace else yeah and that’s fine there’s there’s a guy I follow on YouTube he calls himself the uh Nomad capitalist and and that’s what he says he says go where you’re treated best now in his mind you go someplace you know all over the world you know he looks at places all over the world and if you want to do that you know you can check out his website he he’s an interesting guy uh but the same also applies here in United States it’s a big country it’s a big continent yeah and uh there are wonderful places to find chances are you’re someplace because someone else decided that you should be there either an ancestor or uh your spouse’s boss or your boss or a job correct or family you that’s just where I grew up so I stay here yeah if you’re retiring you get to choose where you want to live and it anywhere in the world you can go you can go anywhere you want so go where you were treated best and we have some very dear friends here shout out to Suzanne and Don yep you know who you are they grew up their whole lives in Massachusetts and the same town for ever and ever and ever and ever have never moved away and they were like we’re done and they pulled up Stakes pull up stakes and came all the way out here uh I’m sure their family is like what what we like it here she’s like we were done we were cooked we wanted to try something new and God bless him they came here and they fully embraced it and God that was hard right it is hard but I’ll tell you this having done it myself you go back ain’t no going back oh my God how I ever I know I know you see things in new eyes and it’s like the lenses are pull you know and uh so they’ve had no regrets we’ve had no regrets I mean we love our family but it’s just sometimes you just have to try something new I mean because life is it’s a blink people it’s a blink and it’s over the great thing about presc is for the most part you’re going to meet people who’ve done the same thing yeah that’s true they’ pulled up stakes and they’re looking for a better place and everybody be in the same boat with with people just like that and we all say the same thing damn we made a good decision God no regrets no regrets no looking back so whether it’s Prescot or someplace else in the United States always go where you were treated best we’ love to have you here in Prescot but if it’s not your cup of tea we’re okay with that we want you to be happy but if you do decide impr presc it give us a call yeah we want to make it work for you and introduce to people and have a good time and tell you all the good restaurants and all the fun things we have to do here so anyway please life is too short my friends go where you’re treated best we hope it’s here in presc but hey we’re easy go where you want to be happy and we’ll help you if it’s here in Prescot love to see you give us a call oh uh well 71332 1964 give there you go but if you like tips and you want more of them there you go and you don’t want to pay anything for them but you want to be entertained astounded mesmerized and overwhelmed maybe maybe maybe place to go is pickle 411.com that’s our free information site whether you’re a bio or somewhere in between there’ll be something there waiting just for you just for you not with a knife or anything just for you not a what yeah not waiting to grab you or anything just just waiting we’re not going to kidnap you no yeah just no one’s going to hurt you it’s just a website it’s just a website that’s all yeah perfectly said all right my friends we hope to hear from you soon please take care and have a great rest of your day bye bye
The condition of the roof can be huge when negotiating the price of a home. Watch today’s episode to learn the options for buyers, sellers, and migratory creatures like Randal.
hello hello hello hello peeps Diana Randall bro here that’s us we are your friendly husband and wife team helping you find your beautiful home here in Prescot Arizona that’s right today we wanted to talk about something we get this question a lot uh especially when we’re doing listings if you have a home that’s about 20 years old or older the couple of things we would recommend always have it pre-inspected especially if it’s an older home because there are a lot lot of things that may come up usually the roof is very important yeah usually roof’s one of those so if you have an original roof I would highly recommend that you have a roof inspector come out before you even go in the market he can tell you this roof is marginal you might have five to 10 years he could tell you it is shot time to you know call it um you always want to find out before because once you get under contract if something comes up during inspection you don’t want to queer the deal and people walk away like I don’t want to put a whole new roof on yeah yeah if that does happen um there are lots of ways to approach that you can either say hey let’s talk to the buyer and say hey we’ll get a a quote on this roof do you want to split it maybe you know when you negotiate on repairs we can split the cost of that would you be open to that yeah uh you can um yeah if the obviously if the roof is completely shot you’re best off just just put a roof on it move forward you will never sell your going to sell you’ll get offers they take it out of the price you’re going to end up in the same place anyway right if you’re let’s say your home is 15 years old and we’re talking about composite roof by the way for tile composition composition Ro yes tile roof no that’s entirely different yeah so let’s say the home is 15 years old and the roof is you know rated 20 25 years so the buyer looks at it well you know there’s some things that uh you know this the roof is looking bad I know if I stay here for 10 more years I’m going have to get a new roof you know and they’re kind of looking at the seller looking for money they don’t get a new it’s not a new home they don’t get a necessarily get a new roof uh unless the roof is completely shot completely shot typically what we’ll do is we will negotiate a deal where the the seller makes some sort of contribution usually it’s half if the roof is pretty bad you know has maybe another five years you might pay half maybe a little less if if the home’s a little younger uh but if you are on the buyer side uh don’t think you’re getting a brand new roof it usually just doesn’t work that way usually it ends up with the seller paying some of the cost of the roof and also at some point particularly if we’ve had like a terrible hail storm or this and that we can recommend call your insurance company to the seller and say hey can you get out here and see if we can make a claim yeah and then you can get a whole new roof um particular particularly in times of bad weather and things like that so there are a lot of ways to approach that um the worst thing is just to say you know uh I’m not going to even talk about the roof no it’s going to be called out it’s going to be called out it’s going to be called out uh so if you got a 25y old house with a 25y old roof before you even go on the market have it all inspected and decide what you’re going to do and what you’re going to negotiate on that because it is going to come up it’s going to be a sticking point roofs and tires are are the kinds of things you really they’re expensive it it hurts you to spend money on it because it’s not going to change your life at all yeah but if you are not aggressive about replacing them you will regret it yes uh you get a blow out in the highway you can lose a lot more than four tires that’s right you know and the same thing with your roof if if your roof leaks you can end up with a big problem problems like mold problems like walls that have to be torn yes and don’t think you’re going to pass it on to the next buyer it’s it’s really not it will be called out and it’s you can’t get around it you just can’t so accept it deal with it um try to take care of it so that your deal goes through seamlessly that’s the option yeah that’s you know we we that’s the ideal is just to have it you know I’ve already addressed it it’s good it’s cool don’t worry we know we’ve taken care of it buyers love that yeah yes when buyers are looking at a home that’s 20 years old they’re like do we have a new hot water heater this is what we get all the time new hot water heater do what about the HVAC is the heater and AC original is the roof original the RO if all of them are original most people will say I’m not interested move on to the next house yeah so these are not the fun things to pay for it’s not the cute sexy things to get uh you know where you’re like oh my house is so beautiful it’s not fun and we know we’ve been through it ourselves it’s just a fact of life most people don’t want to take on an older home with those kind of things so the only way you’re going to sell a home like that is at a deep discount correct a lot you’re going to lose a lot more than the cost of the roof absolutely absolutely uh in particular uh if a home has been uh inherited you know it’s an estate home yeah a lot of times there’s there are no funds available to do the RO we can help with that there are Financial vles uh that can that can help you with that and save you a lot of money in the long run um so if you for whatever reason there are no funds to do the updates that you need uh we can help you with that absolutely so just bite the bullet face facts take care of business so that you can sell and at a great price and move forward and be happy um just don’t fight it just accept it’s part of life it’s right just like have Circle life mom just like I have to accept him that’s right I’m still accept keep circling back I’m migratory she didn’t know that when she married me keep I keep trying to send him South but he keeps coming back keep coming back gets too hot you know I gotta come back so anyway just face facts my friends it’s it’s a painful thing but it’s part of life that’s right so anyway for more helpful tips please check us out at pickle 411.com and uh we give it all to you for free that’s it we don’t even charge not the free information we’re happy to help you yeah so we hope to hear from you soon if you’re planning to visit to presca give us a call we’re here call Diane and Randall bro the pickle lady we’re here for you take care W have a good day bye”
What home flippers do isn’t complicated: buy a house, fix it up, and sell it for a profit… often lots of profit.
It’s so simple, in fact, that you’ve probably wondered why you can’t make all those profits for yourself.
Well, in the past it was because flipping is a royal pain in the butt… but not anymore! In today’s video we talk about how to flip your own home without all the hassle.
good morning good morning H folks this is Diana Randall bro I’m Rand we I am Diane I am the pickle lady she is I am coming to you we are both coming to you I should say from Prescot Arizona we’re happy to be here this morning uh we’re excited to talk about our topic of today is flip your own home flip your own home so uh the term flipper people I’m not talking about the dolphin those of you old enough to remember the do yeah that’s right uh no a flipper is someone who buys a home and uh generally either stages it better or renovates it does some something to increase the value and then resells it for a profit that’s what a flipper does and uh a lot of times people will see that and see the money that flippers make and wonder you know why can’t I make the money uh why can’t I make that money I could do I could flip my own home and you can’t there are certain things that you can do to increase the value of your home and you can do that but uh we wanted to tell you about a new program that we have that makes flipping your own home very very simple yes it’s called exciting yeah it’s very exciting it’s really really cool it’s called Cash Plus Cash Plus so the way it works is f it starts with a cash offer so you get a cash offer now the cash offer is not going to be market value it’s going to be less than market value but it’s cash it will probably be enough that you can go off and uh buy your next home with it at least as a down payment uh so you’re off you you are out of the home and the the buyer takes over the home so far this is just a cash offer this is where it gets exciting they will now renovate the home you’re not even there okay they’re renovating the home you’re not even there and they will fix up the home and then put the home back on the market when that home sells which is going to be at market value you get more money you actually participate in some of the upside of the flip yes so that in the end you end up making pretty close to what you would have made if you had gone through the whole process yourself that’s exciting it’s very exciting because you don’t have all the pain and the heartache of oh my God we got to get over there and we got to meet the contractor or I have to do the work myself and I have to pay and I have to schlep and I have to do this and and you may not be that good at it I mean exactly right some of these flips I see I’m like just guys just put a lipstick on a pig here um you needed somebody really thorough to do a good job where the cabinets aren’t falling down and stuff like that yeah and so it’s great because you get your cash up front this company comes in fixes it all up and then if they sell it at a profit you still get a percentage of that after the fact so you get your cash up front but you don’t have to do any of the rest of it yeah you don’t have to be bothered with you know painting or working on the weekends or or or or you know uh meeting contractors and they don’t show up and all that stuff that goes through uh updating a home yeah um so it’s a really nice program and at the very least even if you don’t make um you break even you still got your cash ahead of time yeah yeah so you’re not sitting there twiddling your thumbs and having people showings and trying to keep the house clean coming in and saying I don’t like the color of this wall and I don’t like this and I don’t like that and you’re sitting there twiddling your thumbs this is you get your cash right up front off you go you might get a bonus after the fact when the when the work is done you may get an additional bonus what’s wrong with that I mean that’s a great deal yeah you know so here at exp we offer this to you and we’re able to help you with that we highly recommend it how we can do numbers for you to see what we think get if you went to the mark would be the best option for you yeah we kind of work it out with you to see but uh yeah as a it’s always good to have an additional option and this is this is brand new so we thought we’d share it absolutely can put it in your back pocket so if you want to try to sell it yourself first and maybe you’re not so successful and maybe you need to maybe you’re cash poor you don’t have the cash to update something this gives you an open an option okay I got to get out of here I’ve got to move on to my next step but I don’t have 50 000 to update hey take your money now get out of here and then let you know you might get a bonus after the fact when this company takes it over so I mean it’s a win-win yeah cool program it’s a win-win so anyway we wanted to share that with you and if you were in one of those dilemmas and you’re like I don’t know why I can’t sell this townhouse I don’t know why I can’t sell my little house and I don’t have 75,000 to update it this could be your way out yeah to move forward in your next chapter and have your cash without all the horrible you know angst and oh showings and all that good stuff so anyway I think it’s a great thing yep yep absolutely that’s our we proud yeah to exp right we’re cutting edge Cutting Edge always trying to stay there that was our tip of the day as I was saying before uh if you like tips the place to go is pickle 411.com that’s our free information site whether you’re a buyer seller somewhere in between there’s something there waiting for you that will amaze us Town educate informed did I say informed that’s right that’s right all those things do all those verbs to and we don’t even give you a test after yeah there’s no test it’s just for shits and giggles no test there’s a small feet no there there’s no there’s no feet it’s just for shits and giggles we just like to share our wealth of knowledge wealth of knowledge with you so anyway we hope if you’re coming to Prescot you’ll look up Dian and Randall bro the pickle lady yep we’re here to help you uh and uh show you all about our little town and what it’s all about absolutely all all right take care bye