With all the market uncertainty these days, lots of people are sitting on their hands - afraid to make a move. In this episode, we share our thoughts on current market conditions, where things are likely to go, and what it all means to buyers thinking about retiring, downsizing, and moving to a place like Prescott.
hello hello hello my fellow pickle peeps this is diana randall bro here coming to you live from well we’re live we are alive not yet no uh but we’re here in prescott arizona uh happy to be here to talk to you about what’s going on in our crazy crazy crazy marcus so we had uh two years of covid driven craziness uh mostly seller’s market buyers struggling to get in homes homes going well over ask and bidding wars crazy times all that kind of stuff very stressful very hard particularly if you were a buyer yeah um really tough times for them out there really tough times so but nowadays things have changed things have changed cheers to that well before for our buyers that’s a good thing and for our buyers that’s a very good thing yeah things have changed it’s no longer a seller’s market it has become once again a buyer’s market uh here in prescott proper we’re not having dramatic 100 000 drops or anything major we’re having some slight price adjustments yeah we had um so this we’re recording this in july last time i ran the numbers were for june we have a seven percent price decrease which was basically taking back the appreciation that occurred since march which there really shouldn’t have been any right you know i’m not sure why i had appreciation things were starting to level in may but uh june kind of took back those two months so we’re we’re pretty much flat uh this year since march let’s say and i think that’s a a better way of understanding what’s going on here we don’t really have anything that’s going crazy right so we prescott takes a little bit to kind of catch up with the rest of the nation yeah i think that’s fair uh and so we’re starting to kind of catch up that’s why we’re seeing a little bit of that drop as randall indicated that’s why we’re seeing homes on the market a little bit longer which is fantastic for my buyers out there because you guys don’t have that intense pressure you don’t have to how do i gauge this how do i make my offer um it’s kind of nice to take a breather yes and catch up and move forward yeah absolutely the one thing that we we don’t like to see is that transaction volumes are down and what that means to us is that buyers are frozen in fear right you know there’s a lot of discussion about oh if there’s going to be a major crash and uh you know there’s a recession and inflation and all those things so we thought we’d spend a few minutes kind of unpacking that situation from our buyers perspective and give you our thoughts on your current situation and what you might think about in terms of moving forward that’s right so don’t freeze don’t freeze like us yeah you freeze you get run over by the headlights that’s what don’t freeze it happens all the time no reason to freeze no reason to panic yeah um this is actually still a good time to buy yes don’t worry about the uncertainty of the market historically if you go back in time anytime there’s high inflation or recession headed our way real estate real estate i appreciate well yes uh that was not the case in the in the crash of 2008 uh the real estate prices did go down considerably i think the average was about you know 25 30 percent which i’ll remind you is only one year’s worth of appreciation during covid we had two years of 30 appreciation uh so that would even if we had a crash we’d only be taking back one year of appreciation uh we don’t think that’s going to happen uh that’s just and we don’t see all right a couple things first of all uh the recession last time did not cause the uh real estate credit dropped the real estate crash caused the recession most recessions are not accompanied by a real estate crash because during recession and particularly inflation real estate does well yeah that’s sort of a hedge usually it holds steady it holds steady work yeah at that particular time too many loans to people who aren’t qualified easy for them to walk away which they did they did and then with the other the other issue was there was a glut of homes already on the market yeah and then when the recession you know when all that started people started walking away from their homes right and then there was even more homes on the market yes this is not the case right now not anymore anywhere not close to not anywhere close to the loans are harder to come by yeah there’s much harder to come so any buyers uh you know they’re well qualified yes uh it doesn’t make it so easy for them to walk that’s right that’s right and we have plenty of inventory right now yes the inventory is on its way up it is not uh as high as it was before covid but it’s on its way um it’s i think we’re in the 600s now uh basically that’s about half of what it used to be before covet right so we certainly don’t have a quad of homes we do not have a glitter homes we’re excited to see it growing a little bit yeah at one point it was down to 200 homes so uh we’re tickled now we have buyers come in we have plenty to show you more than we’ve had in the past two years so we’re delighted so historically aside from the housing market of uh 08 yeah uh you know real estate is always a solid investment yes if you wait let me ride this out three or four years you were going to pay more for your home yeah then if you come now well if you are in a situation like most of our buyers i call it bilateral what that means is you have a home that you’re going to sell and you’re going to buy a home here so and typically the way that works is you’re selling a more expensive home uh you’re buying a cheaper home here and you’re pocketing the difference okay i would call that the arbitrage the prescott arbitrage uh that still works it really doesn’t matter what the market is going to do as a buyer you may be thinking well i hate to buy now because if prices go down well i’ve overpaid for my house but if you’re also selling a house at the same time uh then you’re going to get 30 percent just say that it’s going to go down 30 just hypothetically so i buy a home and it goes down 30 percent i lost 30 percent well what you also lost is the extra 30 percent you would have had on the house that you’re selling the house that you’re selling is more money you’ve lost more money by waiting yeah right but in general if you’re buying and selling you don’t worry about market timing because you’re doing both at the same time now if you’re just buying or you’re just selling then you might want to be a little more hesitant about when you move but if you’re buying and selling if it’s a buyer’s market you’re going to do on the sell side if it uh you’re going to do well on the buy side if it’s a sell market that you do well on the sell side and the two will wash out yep so i would let your life situation dictate when you need to move and if we are going into a recession with some people think we are move you need to move typically people are in places like california colorado washington they’re paying higher taxes they are paying uh but the cost of living is higher gasoline that’s not going to go away that’s not going to go away all the way better particularly if you’re in retirement always better to move someplace where a living is wonderful and cheaper that’s right uh so that’s and a lot of people are concerned about uh interest rates uh here’s the thing historically interest rates are still amazingly low yeah still still not bad i mean you guys know out there yeah most of our clients are old enough they they they remember what high 12 14 18 some even 18 yeah eighteen percent i heard against the record not to worry about that and uh my my thing with that is come buy and then always you can always refinance when the interest rates will drop which they will eventually you can always change that and refinance and if you’re selling a big home and you’re down downsizing uh you’re going to be flush you’re not going to be borrowing much money anyway so interest rates aren’t as important to someone in that situation than say a first-time homebuyer who’s struggling to qualify so now is the time still regardless of our uncertain times um make your move be happy don’t get hung up don’t stay where you really feel like you’re in a stagnant area you’ve just had it and you want to move but this has thrown a kink in your plants don’t let it throw kinky yeah don’t get out there don’t get out there yeah don’t freeze yeah don’t freeze get out there make it happen it’s still a good time you will still get appreciation um even even if we’re headed towards a recession yeah real estate is still the best investment in uncertain times believe it or not yeah it really listen hit us up for a conversation if you want to talk about these kinds of issues more and how it affects your particular situation call the pickle and we’ll be glad to talk to you we’re happy to go yeah also too if you’re looking for information about the real estate market about prescott in general or just life just life just like we always like to talk yeah you can also go to people411.com which is our free information center whether you’re a buyer seller somewhere in between lots of free and wonderful pernicious information maybe not a good wordpress so please don’t freeze in fear move forward with your life do not get stuck in a rut because of all this crazy stuff we hear live your life life is short particularly if you’re in retirement age just that is so true hey we don’t know what’s going to happen get out enjoy life make your change we’re here to help you diana randall bro i’m the pickle lady come on to prescott we’d love to see you take care have a wonderful day bye
Take it from two folks who grew up in the steamy South, Prescott's version of dry heat is the bomb! In this episode, we contrast life here with life under water (in places like New Orleans and Texas) and life in a blast furnace (in places like Phoenix). We also discuss some helpful tips for people making the transition to a life in which you are no longer constantly dripping with sweat.
hello hello hello hey i’m so excited to be here this morning prescott pickle lady prescott arizona feeling good feeling energetic yeah i’m just i’m i’m trying to support you are you yeah because you’re throwing me off yeah anything very very good are you finished yeah okay all right you’re on all right this is diana randall bro your local husband and wife pickle team uh here in prescott arizona i am the pickle lady uh just jarred 75 jars of pickles yes i’m ready for my next wave of buyers so i can share my pickles with everybody yeah if you have not tried your pickles people listen you gotta get some good they’re good stuff americans i have to say i do enjoy them but i think you know honestly i really just have fun making them too you know i just jar anyway it’s just i’m part of the fun part of this job love to share love to share them but anyway we are here today to talk about the dry heat diversity heat and i will share this with you we are from the deep south excuse me we’re from actually we’re from uh the new orleans area which has got to be the most human place i haven’t been anywhere that is more human i agree yeah so here’s the interesting thing we used to kind of miss the humidity i mean we kind of liked it it’s like oh it feels you know good it’s soft on your skin blah blah blah then we moved here uh now we’ve totally adjusted to the dry heat so we went back to recently to visit new orleans it was kind of torturous it was like just being damp yeah the whole time the whole time you know you go into a room with air conditioning and it’s just damp and so anyway although people will come here and they’re like oh this dry heat this dry heat it actually feels pretty good it feels painful yeah really you get used to it quickly um and no one has done more of a transition than we have coming from new orleans it doesn’t get any more human than that nope and we went back and it was torturous yeah i was really surprised we missed this dry heat you missed the dry day so as long as you honestly drink drink drink when you move here you must learn to drink water all day long because you will not sweat like you will in humid areas so before you know it you might be dehydrated you don’t even know it sneaks up on you sneaks up on you uh so as long as you keep yourself hydrated um put some lotion on uh so for your you know if your skin gets a little dry yeah it’s a beautiful thing to drink beautiful thing you have good hair days pretty much every day great hair days you know you don’t have to set your hair and you walk out it falls flat or it freezes out you know what i mean uh which is what we were used to yeah you start to feel a little hung over that’s the that’s that’s the sign or you can start getting a headache that needs a little bit of a headache that sort of hangover headache it’s a special kind of special kind of pain that means you need to get some water but once you kind of get those two things in place and put your lotion on and everything you too will totally adjust to the dry heat you’ll love it the beautiful thing about dry heat and you know low humidity is that in the winter especially you’re not it’s not that bone chilling cold i mean although our temperatures may dip low because it’s a dry heat you know you you still kind of walk out with just a sweater on yeah you know and you don’t even feel it whereas in some other areas of the country when it rains or it’s damp even if it’s just in the 50s you feel a lot more get a lot more aches and pains this dry heat is a cool thing well i tell you this people talk about phoenix having dry heat you know arizona dry heat drinking drinking listen if it’s 120 degrees it doesn’t matter if it’s dry or that’s true you’re going to vaporize and he just it’s not a good thing we don’t get that high we don’t get those temps right now we’re recording this it’s in june june tends to be the hottest month of the year in brexit uh we get into the mid 90s maybe have a couple of days where it’s high 90s yeah approaching triple digits but we don’t get anywhere close to where phoenix and other areas in the valley here get people tell you oh you know it’s 120 but it’s a dry heat yeah you vaporize yeah i know that that kind of dry heat i don’t like yeah i like our brisket meat we like the press get dry yeah we’re comparing 95 degrees and prescott to 95 degrees in new orleans yeah that’s too different yeah and dry heat winds hands down take it from two people who have lived it done it lived it walked it yeah so the other good thing is you know although june is our hottest month and it heats up uh it sets the monsoon pattern yeah so shortly after those monsoons start coming in and then it really cools down it’s so pleasant you get a nice cool breeze some a few clouds take out some of the sun we had uh this past week we had a little taste of it yes i was so excited kind of rain clouds coming i’m like oh my gosh it’s coming it’s coming so the good thing here about prescott keep in mind we may be in the 90s in the daytime but every evening it drops to the 70s and we have a nice breeze in the evening and we set out yeah we’re out last night we were out over a friend’s house they had a couple of yeah a couple a couple of us over uh for dinner and we sat up and this is the hottest month of the year after dinner it was so comfortable and so nice a nice breeze it was nice so if you are looking to make a change uh if you’re coming from the northeast this is your place this is your place you’re gonna love it yeah four seasons none are too extreme yeah if you’re thinking about arizona and you’re thinking more on the phoenix area come check us out before you commit to anything absolutely you’ll probably like it better here yeah all right on that note we just wanted to share our excitement about dry heat and how we’ve now fully embraced it yeah uh we love it it’s a part of our life what damp damp is that i thought you meant tamp up like we weren’t talking about damn damn damp is out for us i hear you i agree cheers to that stamp is up all right so on that note if you’re looking for help give us a call you can call me at 713-30 or go to our website at pickle411.com whether you’re a buyer seller or somewhere in between that is your source of free and vigorous information about prescott the local real estate market events restaurants you name it it’s there it’s waiting for you and it really wants you to click on it it’s really interesting why do you keep saying diverse i don’t know i just figure is this my word today i see that vigorous figures yeah splendid splendid yeah bigger incense blended rigorous and splendid information sometimes i don’t know how this brain works all free waiting for you that is true in the dry heat in the drying all of it all of it together that’s it you’ve got it yeah okay my friends out there everybody have a tremendous day be kind to each other let’s be nice that’s my new thing this year let’s just be nice that’s what i’m looking for i’m glad to hear you just be nice i don’t want to hear the comments be cool just be cool don’t be uncool be cool bye folks
Prescott is its own little ecosystem, so the plants and animals you see here can be quite different from what you're used to (especially if you've grew up in - say - the swamps of Louisiana). In this episode we call out some of our very favorite trees, which we were delighted to discover when we moved here.
hello hello hello hello peeps this is randall and i am diane bro they’re a prescott pickle lady that’s right and uh we are your local husband and wife team here in prescott um ready willing and able to help you to serve you uh amazing customer service if i say so myself but anyway here to talk about cool trees yeah this was something you know now that we’re kind of spring has sprung we’re heading into summer all of our beautiful trees here you know we’re from the deep south yeah so we have now been exposed to trees we’ve never seen never heard of we’re from the land of oak trees and spanish moss cypress and all that pine trees just plain old pine trees so when we moved here we were like wow yeah what is this tree that’s just getting leaves and blossoming and completely different floor totally different so we just love it and one of my favorite is the smoke tree smoke trees are so cool so cool you won’t find them down i thought it was the strangest thing i remember the first time i’m driving through prescott lakes yeah they take us on smoketree and i was like why is this what do you smoke but we actually have trees here and they call them smoke trees and the reason why is a certain time of year now it’s basically now right now right now we’re in june yep this is it this is it you can kind of see why they call them smoke trees it’s like uh they’ve got this sort of fluffy thing fluffy little flowers looks like the leaves are kind of purple um and they’ll start leafing out first and then these little puffs of this little flower comes out and it looks like little cups of smoke so in prescott lakes one of the main drags on the way to the club is called smoke tree and it’s lined with these smoke trees so now i get it now again connection yeah and um so those are really unusual beautiful trees i’ve never seen them where i’m from so i appreciate that yeah i don’t know how far i feel you can go uh where how far out smoke trees are whether that’s uh yeah i don’t know not to look at it but they’re big here yeah they’re very big here very big here another one that’s uh really cool is the quaking aspen yeah beautiful trees beautiful and the winds blow and the leaves they literally quick and shaky and it’s just but it’s just beautiful to see the breeze go through them and it’s all leafy and green and you know both that one and the um smoke tree they will lose their leaves yeah but then it all comes back in the spring and summer and it’s just beautiful and of course an aspen when it when it loses its leaves it’s beautiful in the fall it’s just beautiful yeah it’s got that silver bark yeah that’s really cool i like a good aspen not a good good aspirin everybody likes a good um yeah i get it the other tree that we would uh we would call out is called the red leaf plum what’s your favorite favorite yeah also purpley who are you talking to this is this is my very favorite and it’s a beautiful tree and it goes through very different phases yes um so most of the year it it kind of looks like the leaves are made of like a red purple leather almost or velvet it’s like so descriptive yeah they’re beautiful beautiful trees just sort of normally yes uh but when they blossom in the early spring they look like cherry blossoms they do it does it looks like you’re in washington dc washington amongst the cherry blossoms that’s true bright bright pink light pink beautiful yeah and they almost look like a snow cone yeah absolutely it’s stunning so and there they are fruit trees you know what else i love them we didn’t talk about this but i love it’s called a desert willow oh okay and sometimes a desert willow is more it’s usually a bush but some of the uh landscapers will train it to grow into a tree and that takes very little water it’s in the willow family but it makes beautiful purple and pink flowers yeah all throughout the summer so it’s a little different than your traditional weeping willow which is what i’m used to so i’m all about the desert willow yeah yeah one of the things you look forward to in coming here is learning all the local flora and fauna the different kinds of trees they have here we’ve done an episode before on birds and the crazy kinds of birds that we get here a lot of birds coming through so there’s a great variety yeah uh and just taking the time to learn more about the local nature and yeah and you know uh citrus doesn’t do so well here citrus trees because we do get kind of chilly willy in the winter yeah but i tell you what cherries plums um what are some of the others well the red leaf plums we mentioned yeah before they are edible and they’re actually pretty good yeah apples apricots yeah apples not a problem not a problem all those and those two are just as equally beautiful so anyway we’ve had fun kind of learning about all the different trees and enjoying them it’s something we’ve never got to experience down in the south so here it’s like a whole new world people a whole new world you can learn all kinds of new things here yeah and expand your horizons and isn’t that what it’s all about get yourself some cherries or some red plums aspen grab yourself and grab grab and ask rub it out and grab this mask i don’t know if there’s anything you can eat no but it’s so pretty i like the way it shakes though i like that shaking the shaking aspen anyway okay so yeah i can tell you we’re heading in that direction we’re trying to connect it together yeah i get it it’s not easy being a comedian folks not easy being a realtor either if you’re looking for information about real estate the place to go is pickle411.com that is our information site whether you are a buyer seller somewhere in between you’re looking for information on plums or trees or quaking aspens um that’s that’s where you can start that’s right and it’s all free it’s all vigorous and it’s all good and i highly recommend it all right on that note now if you’re driving around start looking at trees you know yeah you’ll see the trees you’ll start noticing some of these things we’re talking about have a fantastic day give us a call we’re happy to help you take care bye
In this episode we cover another great restaurant, right in the heart of Chino Valley - an up-and-coming area just north of Prescott. Don't make the drive before you make reservations, because this place is very popular, and with good reason. Fine dining, fine cocktails, and scrumptious desserts await.
hello hello hello hello peeps good morning good morning folks to my fellow preschootonians yeah and to all of our people maybe preschool tony and one of the babies right correct hopefully chris catonia and one of these i like that i like that we welcome you here with the preschool pickle lady diane bro my name is randall i am the skunk pig not just just the sidekick the pickle he keeps referring to him i don’t yeah i just spilled on myself don’t do that i know that wasn’t good another restaurant review people like our restaurant review so we thought we’d hit it up here’s one we actually went there a while ago yeah it’s so good so good and it’s yum yum yum yum yum yum and it’s actually in chino valley yep uh so for those of you who don’t know chino valley is uh it’s about a 20 minute drive 30 minute drive 30 minutes i’d say more 30. yeah 30. it depends on if you’re driving or me tran she’s the faster driver just in case you’re wondering well i got things to do yeah i understand so uh chino valley and then the name of the restaurant is essence so essence has been around now for i think a couple of years um they’re kind it was a while before we could get there because it’s hard to get reservations yeah they take reservations and they are they are out so you wanna you wanna plan ahead a little bit uh but it is that we went with uh two other couples and we loaded ourselves into the pickle van in the pickleball it was great the drive there and back was probably half the fun amazing food so it’s a great place to go for a special occasion so if you’ve got a special birthday or anniversary um make that reservation now yeah so you can get in um it’s got a nice little ambiance yeah very nice ambiance the food is just spectacular it is really spectacular i would put this in the category of fine dining dining experience this is a fine dining yeah yeah and uh really interesting uh entrees they are changing it up all the time uh one of the things i think is kind of cool that their their menu is organized by uh land sea and air oh yeah yeah so air is chicken all right so here i guess it’s a bird i have any other kind of birds i guess it would be under air and uh i think that the thing that really sets it apart is their c-section their their seafood he loves it and they’ve got what does she say that comes wrapped in a banana uh there’s a sea bass oh yeah they will wrap it in banana leaves oh my god really unique the chef honestly don’t you feel the chef just puts his heart into it it’s a family enterprise yeah it’s a family and i mean the heart and soul you can feel it yeah this is their baby this is their child and they really love it you feel the love you do and they will you they’ll come around and say hello to everyone it’s kind of an old style yeah family enterprise in that regard it’s delicious absolutely it’s really it’s you know worth a little drive make your reservations like i said way ahead uh read the menu ahead of time yeah it’s it’s just great desserts the desserts are desserts are amazing uh and they mix that up they’ve got the normal fare but uh they’ll always have something special uh in the dessert section cocktails amazing uh their own creations yeah uh blackberry sangria oh yeah i love that uh there was a uh and mule i think it was yeah um yeah changing out with the seasons um i got a kiwi mojito i think more of a summer thing yeah um so look for that really really well worth it so we just wanted to give a shout out to ezreal um and we can’t wait for you to come and try it out yeah and for any of you locals get your name on the list get out there get out there support our local businesses that’s what it’s all about that’s what it’s all about feel the love yeah let’s have a good time again people be kind support local businesses yeah chino valley is an area of big growth um yes growing every day every month and uh i think essence is one of those anchor kind of things they’re going to be talking about oh i remember it was just essence so yeah we cannot say enough good things about it yeah we love it we love it we love it so we just couldn’t wait to share with you if you want to find out an experience that’s right lessons all right if you are looking for information if you need help buying or selling a home here in prescott don’t forget to look up us pickle411.com is our information site whether you are buyer seller or somewhere in between information that you desire is waiting free for you that you desire whether it’s a real estate markets um events restaurants we kind of cover it all we sure do and um and we have so much fun doing it we do we have a good time doing it we’d like to share our wealth of information wealth of information all right so on that note my friends we’d like to say au revoir and uh we hope that uh your week coming up is wonderful all right have a good day bye
Over time, homes fill with clutter. If you have a home that has been cluttering up for a long time, getting the house ready to put on the market can be an overwhelming undertaking. In this episode, we discuss what you can do to cut through the clutter and command top dollar in the marketplace... all without losing your mind.
hello hello hello hello beeps or bonjour bonjour this is diane and randall bro we are so french yes well sure we do we do have that was french enough yeah we do have a cajun last name and he is a hundred percent cat 100 is my friend yeah 100 yeah you can’t get any more cajun than this guy don’t get any more cajun he came right up on this wall out of the swamps like a virus yep can’t quite shed the virus keep trying she keeps getting the booster but i keep in fact you’re trying to get the booster yeah all right today we are here with prescott lady to talk about prepping your house to sell prepping to sell or if you do sell yeah uh something we also offer yeah um so if you’re getting ready to sell and you’re like geez i have my mom’s house i don’t know what to do uh we’re happy to help you set up a sale uh we will market it on our facebook page we will market it on facebook marketplace um we will set up signage we we don’t just do it we we show up people yeah and we will help you you know get be an extra set of hands yeah selling your house sale selling your house is just one one step and we get that you know uh real estate agents are here to help you sell your house but in order for you to sell your house there are lots of other pieces and parts that have to come together and we get that if you have been in your prescott home for a number of years if you have a parent who has been in a prescott home for a number of years and we’ve seen those homes we know uh you get 20 30 years of clutter it can be very daunting very daunting uh it’s a very daunting task particularly if you are maybe an older person and you may not have family nearby uh we have been known to rent a u-haul hey what are you not taking with you we will load it up right now go take it over to goodwill drop it off for donation or wherever they want yeah do you want to have a moving sale let’s do something else for you yeah we’ll we’re going to help you through the process we have we can help we can find other people that can help you uh to get your process going so if you don’t know where to start if you are dreading getting started don’t do what the prescott pickle ladies mom did and put it up for how many years did your mom put up 50 50 years yeah don’t do that don’t do that empty your addicts folks yeah um your children don’t want to be uh like i had to do we don’t want to be older and dean out the attic yeah it’s not so fun that’s so fun uh yeah so you know it’s just time to pair down get the help you need make it happen declutter declutter declutter declutter if you’re getting ready to go on the market it’s got to go folks all those national geographics you know what honestly can i be on it because my parents haven’t had one nobody wants that nobody wants there’s no value in that there’s no value in it unless you have a 12 year old who wants to see some naked and there are plenty of those out online i’m thinking yeah now even that top story even though it’s absolutely nobody they don’t even care about that they just you know anyway i digress but um yeah just get rid of it and um just let go of the attachment yeah let go if you’ve got four sets of pots and pans um and you’ve got the set from when you first were married yeah like my mom did yeah a generational effect here uh where people of a certain generation they don’t throw things away and uh i find the the the younger people are the more they kind of get that yeah but you know all of us like to collect stuff and that we don’t need and all of that needs to get out of the way and all the dust and everything else needs to get out of the way and if you are struggling with getting started call us now and we’ll help you through that process we’ll help you start with the uh first steps yeah the first steps we can connect you with people uh we can collect uh connect you with you know maybe um a dump service where you know you can kind of some of the things that are you can throw away yeah um yeah you know it’s a process yeah and we get that and um but here’s the thing it’s so liberating oh yeah once you start the process it’s a beautiful thing yes and you’ll feel so good and you’re moving on to your next chapter and you can get rid of all that stuff it’s very freeing and after all of the market appreciation we’ve seen in the last couple of years there’s a a very big financial reward yes waiting for you at the end of that that’s right if you clear all that stuff out and show your light and it’s best oh my god i hate when i get my words from anyway if you clear out all your debris your d and you declutter and you get rid of all your your collection of national geographics um your pots and pans and all that um you’re gonna end up getting more money much more money people people can’t see beyonce we’ve talked about this when it comes to paint colors and some other things people do not have that much as much as imagination as you think and uh well it’s more than that what they see is your stuff yeah they can’t start to envision their stuff your home doesn’t have enough space in this space to have their life there so yeah they’re like you know they see everything on your walls and they’re like well i don’t even know if there’s enough space for they can’t see beyond that where would i hang my painting yeah and that’s what you want you want them to start placing themselves as the new buyer of your home that’s that’s what the goal is absolutely it’s a big part of profit when it comes to flipping homes is taking care of that you know so your first your first your first thought might be well we’ll just sell it as is and we’ll just let the buyer deal with this you are leaving so much money on this yeah you’re leaving a lot of us so just uh as we call ourselves mom and dad listen to mom and dad listen you know i know you think that beautiful um uh gnome is just amazing and your collection of 2500 gnomes in the yard is so charming not so much to other people you could lose a lot of money yeah the longer it sits yeah just because you can’t bear to part with you know 200 adorable garden notes so let it go let it go let it go and make it clutter and go through the process and if it’s overwhelming then call the pickle lady we’ll help you get started and we’ll get you there all right that is our little tip of the day tip of the day so if you’re looking to find the press capitola the place to call is 713-302-1964 that is the prescott pickle lady hotline correct if you’re looking for information the place to go is pickle411.com whether you are a buyer or a seller or somewhere in between the information that you need and seek and desire and crave is right there it’s all free and it is waiting for you real estate information market tips restaurants things to do just anything you could think of yeah so look us up give us a call we’re happy to help you in whatever step you’re in on this next chapter okay take care and have just a no an awesome day can’t get my words out awesome day fantastic awesome day that is all that was good peace out peace out bye
Want to avoid overpaying for real estate in a competitive market? Want buyers to be aggressive in bidding for your home?
As controversial as it is effective for both buyers and sellers, this real estate power tool is the focus of what turned out to be an exceptionally vigorous lecture on just what you need.
hello hello hello hello yahoo i’m very energetic i am i got a lot of energy today feeling good about myself feeling not so good about me well i feel good about i’m just saying feeling i’m randall i’m the skunk pig so uh i’m with my remember the skunk pig yeah they’re the javelinas oh yeah no i’m just here with the preschool feeling good today lots of energy yes this is my handsome husband randall bro best smelling skunk pig you’ll ever see in your life we are here today to talk about something kind of technical yeah uh kind of controversial but if you if you want to invest in real estate uh or get a good price when you’re home uh you need to know about it and that is a escalation escalation clause now uh in the heyday when everything was going crazy we saw a lot more use of this yeah we are still seeing use of it but it might be dying out a little bit but an escalation clause is a really good thing to employ if you’re up for it correct so we’ve been doing escalation clauses for a while and then when the market went crazy with cobit and everything that everyone kind of discovered them it was kind of the thing to do right so just to be clear an escalation clause is a clause it’s a phrase on your offer your the contract that you are submitting to the seller that says let’s just say you know i might i offer 500 000 but i am willing to beat any competitive offer by x dollars and you know that what that x is we you know that’s part of the strategy does that have to be how high do you really want to how high do you want to go so typically you know i offer 500 000 and but i’ll offer 2 000 more than any competitive offer up to and including say 520 yes yeah that would be an escalation clause to 520. and uh kind of weird uh here’s the thing it kind of makes the situation work more like an auction so it allows the buyer to raise their bid if they’re in a competitive situation and obviously from a buyer’s standpoint that’s a good thing you don’t have to pay more than you need to that’s right in order to beat us so maybe you could beat a competitive offer at 512 instead of just flat 520 yeah right so just yeah so as an example let’s say you offered you know the 500 000 escalating to 520 uh let’s say there was a competitive offer at 5 12 well you would get it at 5 14. you would beat the 512 at 5 14. let’s say someone else escalated to 5 15 when you would get it to 5 17. but it’s still you know you’re going to max out at your limit of 520. but instead of paying 520 you might get it like you said 512. yeah which you know yeah would you know you’d like that yeah so uh buyers like the idea of escalation clauses um sellers maybe not so much we do have sellers uh listing agents who will put in mls oh no escalation no escalation just bring best and final yeah best and finally technically speaking if we send in an escalation clause they have to present they still have to present it they might not but they should and uh it is in our opinion it is a mistake for a seller to say no escalation costs and that is the reason why is that buyers will get much more aggressive if they’re allowed to do an escalation clause what they don’t want to do is to go thirty thousand dollars over list price when all they had to do was five thousand right so if you tell them no escalation clause they’re not going to go to 550. they’re going to go to 505 you know because they don’t want to leave money on the table so our opinion in seeing the dynamics of the situation seeing buyers facing very competitive situations our buyers will go much higher as part of an escalation clause than they would ever do just putting a single best and fun and the best thing about it is because people will say yeah but how will i really know there was a competitive offer and i want to say yeah well the other side has to present yeah they got to give the other offers so that you can see for sure yeah they did get an offer for 5 15 but i will win it for 517. yeah you have to have proof of that so it’s not just taking word taking someone’s word um so you do kind of have a little check and balance there so don’t worry about that yeah if you if your listing agent is pushing you back as a seller against escalation clauses um number one not in your best interest that’s our opinion and number two i’ve actually come across a number of listing agents who just kind of have trouble with the arithmetic honestly if you’ve got it i understand because if you’ve got a lot of offers and you’re trying to you know break them out yeah it’s a little extra you know it can be i’ve actually been in a situation where it kind of had to work yeah and it’s a lot of work it’s a lot of good through the calculation but making a mistake buyer or seller escalation clauses are a good thing that’s why they do auctions yep you know and the way it works real estate is set up there it’s not well you can do an auction there are systems where you can actually do an aux auction for real estate they do that for distressed uh real estate um you know repossessions and that sort of thing but typical real estate transactions they don’t an escalation clause is is a way to introduce an auction-like mechanism and it benefits both buyers and sellers that was a lot of words that was a lot that was a lot of words other than that i have let me help you catch you bro my god thank you oh lord i feel very passionate i think anyway it’s a useful tool that we’d like to share with you guys especially our buyers and give you a little education about it yeah don’t be afraid of them um they can be great be your best friend they can be your best friend you’re my best friend i would never put an escalation clause ahead of you yes you would of course you depends on the deal depends on the there you go there you go that’s the truth folks that’s the truth so anyway that’s our little lecture and escalation on escalation clauses yes if you are looking to buy or sell a home do not hesitate to reach out to us yeah the pic prescott pickle lady hotline is 713-302-1964 yes it’s a it’s a houston number we haven’t changed it like most people relocating the press it is a houston number that’s where you find her if you’re looking for free information the place to go people is pickle411.com.com pickle41199 or somewhere in between there is free and vigorous information waiting for you cigarettes yeah i don’t know whether whether you’re looking for real estate information events restaurants well i think the escalation clause lecture you just gave was quite vigorous yeah it was very vigorous yeah but other vigorous things that people 411. you’ll enjoy it yeah you’ll learn something all free it’s cool all free we don’t charge people we should charge [Music]