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]
We've said it before: Prescott does great Italian. There are half a dozen wonderful Italian restaurants in town, but this is one of our very favorites. If you see us there, make sure to hit us up for some wine.
hello hello hello this is randall and diane bro here your local husband and wife realtor team she’s the president we’re in prescott arizona that is right i’m glad you remembered that that’s good yeah that’s good yeah it’s helpful yeah sometimes you get a little tired and you throw back to new orleans or texas i know where i am yeah it’s good today we know where we are we’re here in prescott arizona talking to you about one of our very favorite restaurants cannot wait i’m getting ready to take some clients there yeah we’re going yep we’re so excited it’s called la bruce does a great job with italian uh italian food uh we’ve done a wine down before about italian food in general uh labruza’s is one of the very best uh kind of less uh less formal than so many other places uh got a lot of white wicker and uh i love it they play dean martin frank sinatra yeah i mean you’re to feel like you’re in a little italian eatery somewhere in new york you know like a mom and pop mom and pop very much red and white check you know just like old italian style mama’s restaurant yeah they do not have a look license so you bring your own wine or liquor and there is no corkage no mortgage fee so uh just being the deep class a people that we are we usually bring a box of wine and when people snicker i go around and i i give people free glasses one and they change their money they change their mind if you get some good boxed wine you can’t just saying yeah so it’s lovely amazing salads they come to the table this giant salad for everybody and the dishes they have are just amazing i mean i always get the veal parmesan veal parmesan chicken parm they’ve got these great seafood yeah they just have some good italian seafood yeah uh ravioli some really good i mean of course your lasagna i mean you name it yeah i can’t think of one thing that isn’t good there yeah traditional italian fair traditional very well done by a family-owned restaurant listening to dean martin and drinking your boxed wine drinking your box spot right you know those of you with a more sophisticated palette yeah you can bring whatever kind you want to bring whatever you want the lady comes with the glasses she pops the cork she they don’t even charge you for it nope it’s lovely and it’s just a very charming little atmosphere and a lot of fun so if you go there for a birthday you’re gonna have a great time no reservations though so yeah no reservations although if you have a very big group you might want to call ahead make sure they know you’re coming and they will try to accommodate you we had uh one time we did a birthday party there and right before we showed up there was another big group who was kind enough to show up without calling in advance so we ended up sitting around and drinking wine with our group yeah we kind of did yeah well it’s been a little sloppy it got a little sloppy yeah but it was fun we had a great job we had a great time i don’t i don’t know if others around us thought we were we thought we were highly amusing highly amusing oh and desserts dessert try the oh yeah cannoli is yes outstanding so if you are new here to press kit or even if you’ve been here you’ve never heard of it you’ve got to got to try labruzas i can’t believe i still run across people who have been i know i can’t believe that i can’t it’s kind of an interscript it’s in kind of a little strip mall yep on iron springs yeah yeah so anyway no reservations just show up and keep it open at 4 30 get in there yeah uh if you go at seven you’ll walk right you walk right in all the way yeah we do have the early bird special here so lots of people get there early but i don’t know if they have a special because it’s not as special you’re right it’s just you know early birders yeah if you’re not into dinner at 4 30 you might want to show up a little bit later miss the crowd just part of prescott just part impressive very true that is part of prescott life it is but i got used to it i love it but anyway so please try it la bruces bring your finest wine or box find this box of wine you can find whatever you want to bring it’s all good yeah it’s all good in the hood at la brutus if you’re struggling with a box of wine i would recommend the bota box red volusion oh yeah that’s good stuff yeah it’s a box of wine for less than 20 bucks you’d be amazed at how good it is i like a red blend blends red blends my thing yeah all right so if you’re looking for the preschool pickle get picked the prescott pickle lady hotline is 713-302-1964 right if you’re just looking for information the place to go is pickle411.com that is our free information site whether you are a buyer seller or somewhere in between what you need to know is probably on that site including restaurants real estate information latest markets the latest latest events it’s all there and it is waiting for you waiting for you yeah all right so with that we will say arrivederci and we hope baby will see you at luck room sizes yeah right out of our box because we’re fancy people cheers to that have a great day bye
By now you've heard that real estate market is a crazy seller's market, with low inventory and houses flying off the shelves way above asking price.
Well, guess what... Buyers are back, baby!
Things are changing quickly. In this episode, we bring you the very latest from the front lines of Prescott-area real estate and what you can expect in the weeks and months ahead.
hello hello hello my little fellow pickle peeps people pickle pickle peepers that’s right we’ve had some comments from some people and i you know so they said where’s the hello hello hello did she retire the hello i well i didn’t do it on purpose i didn’t even realize and they were like we kind of missed the hello hello bye popular demand so back by popular demand i’m here to say hello hello hello trademark hope everybody’s doing great out there today we are yeah we’re trying we’re doing our best we’re doing really good we’re excited cheers to you good day today um we kind of want to talk a little bit about our changing market changing market buyers are back my friends buyers are bad baby here you go so for that yeah for the for the longest time uh i guess kobet kind of kicked us off the middle of 2020 started a seller rampage show so a lot of people deciding they wanted to move you know change of change of life change of work time to retire i’m tired of this i’m checking out uh but a lot of sellers weren’t selling i guess they were afraid to put their home on the market for whatever reason we had very high demand but very low supply so now what we’re finding not so much anymore kind of like a stick of margarine starting to soften a little bit there you go when you start to yeah when you when you go to bake you bakers out there no you kind of want to soften them so anyway the market is softening up a little bit numbers indicate that we’re kind of close to a balanced market yeah uh in particular higher end homes uh we’re even seeing uh uh buyers markets even strong buyers markets at some of the higher end price points so buyers are back uh buyers are back baby yeah so instead of homes jumping off the market a little more time to consider uh if you’ve been waiting for the market to kind of soften a little bit before you’re really willing to jump in as a buyer now is a good time so you know what we’re finding it’s it’s actually a little refreshing because uh those of you who’ve been looking we’ve been in a frenzy like get your offer in and i don’t even know if you’re going to get it unless you’re at full ask or over and they’ll you’ll be up against 10 other offers very discouraging yeah uh very high pressure now it’s kind of nice uh prices are not dropping dramatically nothing like that prices are pretty stable pretty stable but yeah some some small adjustments uh the the market was the prices were appreciating so fast that when you first list a home we would uh appreciate we would price into the appreciation so if it’s going to be a month or two before you close you don’t want it to look like you understood the home correct so we were kind of pricing up and all the listing agents were starting to get that uh so when the market started uh kind of uh mellowing out a little bit uh we saw some price decreases but i think they were just basically taking off the the little extra added so folks don’t think we’re going to have to crash like that’s not going to happen first of all we still have a high demand people are looking for homes there’s high inventory back in the olden days when we had that terrible drop there was a glut of homes on the market plus a glut of people walking away from loans that they had no business having in the first place yeah so now you know that was the story of 2008 yeah correct so now the lenders are very strict so not so many people walking away yeah no go out of here no blood of homes new construction is still far out all those homes have been paid for there’s not going to be a huge bunch of homes are gonna be thrown on the market with no buyers right so we just kind of want to let you know instead of having this high pressure like we must get the offer in we’ll be one of 15. now you know give us a couple of days you can write the offer up it might be one of two or three offers so it’s a little bit more breathing room yeah uh which i like um and higher price points even even less so yeah yeah you will probably be the only mark particularly for existing homes have been around a little while uh yeah so we’re kind of excited and the main thing that we’re excited about is um our favorite favorite favorite thing to do is when we have a listing is to try to find one of our buyers that we can connect and uh you know introduce our buyer to our sellers listing it’s our favorite thing to do and um it just happened today so we’re super excited um nothing makes me happier than to see both sides of my clients uh reach a good decision reach a good um yeah you know the deal works so well for both of them yeah and you feel really good so today we had one of those just serendipitous days and everything fell into place yeah and uh so kudos to our listeners and kudos to our buyers uh lovely both sides great great people great people nothing makes our heart happier than to see two people come to uh you know a you know meeting of the minds the media of the body yeah yeah and everybody’s happy and that is my favorite thing we can really bring two parties together yeah we we were doing some of that i mean we always do uh but we were able to do less of it just because we tell our sellers look i mean you can wait for us to find you a buyer but the market is so crazy right now we really can’t recommend that you do that you really should go on mls you know and open up you’re going to have multiple offers and everything now buyers are a little more scarce yeah and uh you know we will always have buyers and so we’re able to make some more connections this is the i think the second we call this our secret agent deal by the way you will see that on our website um this is the second one in like a couple of months two weeks yeah two weeks yeah that’s right that’s right two weeks so yeah it just tickles us when we can connect two parties and make the deal happen and everybody’s thrilled and it’s easy peasy for our sellers and our buyers are just delighted um it’s kind of nice when you have the inside skinny and we’re like honestly i know the perfect house for you yeah and it’s just a beautiful thing yeah time to make those matches yeah time to take your buyer around and let them settle in on what they’re really looking for and uh this this transaction in particular really good pairing yes so you know we did our shopping we took them around and they kept circling back to uh our listing and so anyway it’s just a happy time when that happens and we thoroughly really that it’s a good fit so anyway we advertise a lot and so we bring a lot of buyers in from out of state and uh if i have a listing that i think might work for them we try to connect those two and it’s a beautiful thing beautiful thing a beautiful beautiful thing when it does happen so anyway uh we just wanted to share that i’m going to let you know if you’re feeling high pressure start to take a chill pill people it’s kind of getting things are getting back closer to more yeah more peace out more so yeah yeah so it’s uh it’s been nice yeah uh if you’re interested in market information i’ll put a link down below this video where you can check out our market analysis we do that every month and we update it for what’s going on so if you’re not uh up to speed on what’s going on in the prescott market that is a really good place to start it is so if you are looking uh to list your home or you’re looking to buy a home uh look up the pickle lady look up the pickle randall and diane bro here of prescott arizona we are your local husband and wife team we’d love to connect you with the perfect home for whatever you may need that’s right that’s right so give us a call 713-302-1964 or or you can go to pickle411.com there is our information site whether you are a buyer a seller or somewhere in between you can find what you’re looking for there always free always dynamic and personable and all the good things i can say about that uh but good stuff good stuff like that completely free lots of good information there whether you’re interested in real estate or the social scene or whatever market conditions we got a whole lot going on pick all four one put it out there to all the masses so those of you who said where’s hello hello hello i’m back baby hello hello hello now i’m going to say goodbye goodbye until our next one until our next one have a great day bye
Religion in a city like Prescott is different from religion in Rug Rat communities focused primarily on raising children. In this episode, we discuss the role of religious groups in the local community and the adult social scene.
hi folks hello peeps randlyn diambro here here with pickle lady prescott arizona we’re so happy to be here this evening your real estate agents at large that’s right at large we’re talking about everything that is prescott whether it’s real estate whether it’s restaurants whether it’s javelina page so that we we will we cover it all so in this little topic we’d like to cover religion religion and religious groups religious groups i love prescott arizona um they are very open they have all kinds of groups here that welcome everyone from all walks of life we have the catholic church we have the jewish synagogues we have the non-denominational yeah non-denominational churches community groups of all kinds but what makes the religious groups in prescott a little different than in other cities is a lot of time religion is about raising children in that religion so i was you know i was surprised at how many questions we get about religious groups here at prescott yeah i still don’t know if anyone has ever asked us about schools here never we we get maybe a hand maybe twice a year with questions about schools yeah but mostly because we are a retirement town people are calling about you know tell me a little bit about the religious community yeah that’s very social a community connection thing it’s really not about church and the building per se it’s more about what is the community outreach through different groups and sometimes it’s just social activities with people common faith or close enough [Music] all very open and loving and welcoming and you can get involved in a lot of social outreach we have a few uh non-denominational uh christian churches that well in texas they call them mega churches because well they’re huge yes i don’t know if they’re as big as they are in the city of houston i know everything is bigger in texas yeah everything’s bigger in texas everything’s bigger even the religions even the that’s religions here that the communities may be smaller but they’re very active uh you know we see people that different churches will have different uh uh logos or decals or whatever and you’ll see the cars and everything and yeah it’s it’s a it’s a going thing but i mean i think the big thing for me is total acceptance yeah absolutely of all religions of all walks of life yeah um nobody’s really hardcore here we’re all pretty accepting and loving and happy to reach out to help others and that’s what it’s all about people right that’s right especially as we get older and we’re retirement age right we’re reaching the shooting it shut up we’re reaching we’re heading into the show so it’s all about service to others kindness to others uh love towards others and honestly i’ve never felt anything other than love and acceptance here in prescott absolutely no matter what persuasion you are religious persuasion um yeah absolutely now that the churches are active so you know if you’re used to the kind of church where people go and you know they kneel and pray and then they stand up and pray and they kneel and pray and then they do the sign of the cross and leave maybe not be for you because these people actually get in the community they do food drives and all kinds of service activities and social activities it’s more about the activity it’s feel good religion feel good feel good religion i think it’s a great reflection on the city absolutely 100 so we wanted to say to those of you thinking about prescott we have it all here we have all we cover all religious bases all religious backgrounds yeah and we are very welcoming and accepting of all those and there’s a place for you and there’s a place for you to provide service to others uh you’ll love it we love it so good to us so anyway we just thought we’d kind of share that with you in case you were having any questions yeah and i apologize that it took us this long to mention you know churches and synagogues and things like that we got it when i was just kind of thinking it was one of those school things we got a few calls we had a call about synagogues and yeah we had a call about churches not too long ago and so yeah we should just tell people yeah people pray here and you know they worship here and they we got you covered whatever you are probably you’ll find it if you’re into the god thing we got you covered if you look for information the place to get is pickle411.com that is our free information site whether you are a buyer of homes a seller of homes or you just want to go to church you can check it out at pickle411 you will find the information you need there to get yourself plugged in locked in locked loaded ready to fire and sending on your way that’s right and we are happy to help you and uh guide you on your path absolutely so anyway it’s uh something what are the neat attributes of preston we got some good stuff going here people so come on in join us come visit us give us a call take care have a good evening bye
good morning folks good morning folks this is randall and diane bro she’s the prescott pitbully here in prescott arizona we’re realtors and we talk about a lot of other stuff we’re coming at you come on that’s right my red shoe i have a really cute red shoes coming at you uh we are the uh husband and wife duo here in prescott arizona we are uh local realtors here happy to represent you as a buyer and as a buy as a seller and as it turns out as a drinker too and it’s a drinker yeah one of the things that’s really big impressive we wanted to well you probably knew this already we wanted to share is happy hours are big here happy hours are huge happy hours are big so huge cheeseburger and press get like to go to dinner early so the idea of starting to drink at three that’s like right in line sure you know it’s like why not most cities they have a drink at five why’s seven this is a retirement town yeah so i feel like you need five if you’re retired you should go enjoy happy hour and then have a lovely dinner yeah that’s what it’s all about but there’s reason they call it happy hour because you get you know your voice your voice correct it’s always changing i’m i’m constantly evolving i’m trying to stay one one step ahead is that right yeah that’s what i’m doing well good luck with that good luck yeah but we’ll try so uh think about happy hours since you get the same uh great great cocktails uh appetizers whatever they have but it’s you know they get a special deal sometimes you get things that you can’t get any other time and there’s nothing wrong with that yeah and there are a lot of restaurants here that do it the problem with uh happy hours is you decide kind of spur the moment we tend to be spurring a moment right i feel happy i want to go someplace that has to happen true where can i go where can we go where can i go i don’t know mr bro well we have just just the thing for you i have completely this is so obnoxious the seventh grade great seven can you read it seventh grade happy hours and prescott i think we’ve already hit happy hour personally that’s why we can’t so there we go so i will appear not i’ll put it i’ll put a link down below so what we’ve done is we compiled seven of what we thought were really good happy holidays some of the better yeah they’re amazing prescott prescott is jumping yeah with happy hours why why did i pick seven why do you think that i don’t i could only fit seven on the chart oh okay yeah so the constraints of the chart itself all right okay well i appreciate your effort yeah we’ve got some great ones so uh uh superstition metering augments merchants trees uh plastic brewing cold grill yes and county seat was this tell me [Music] yeah so you have a little a little calendar here it’ll tell you any day of the week you know the the hour of the day what which of these quite deeply uh which of these is is experiencing happy hour so at the last minute you decide you know what i should be happier than i am check the chart see who’s doing happy hour and you can go happier than i just wanted to just a little project we wanted to let you know about it and we just thought about we’re like wow you know we have so many clients that come in and we’re like hey you are trying this happy or this one or this one or this one and we thought hey you gotta put them all together got to put them all together and do a wine down about it so that you guys i bet you uh the meadery also has a happy hour that’s that’s just right superstition they’re number one my favorite i would have mentioned them oh yeah i did oh yeah you did oh okay sarcasm will not help you here yeah that’s right just try it yeah they have a great one they have uh half off beans and ciders yeah their meats are amazing right that’s on the side yeah yeah yeah yeah we had a great time did a flight of maids yeah fantastic great great place i have a friend back in louisiana b calvert shout out to you who still talks about the metering here in preston how wonderful it was so anyway uh we thought you know what let’s sit down and talk about our top seven happy hours so uh lest you ever think that uh price gets you some sleepy old little retirement town not so yeah we just we’re kicking we just start at two o’clock in the afternoon we’re kicking we do start a little earlier um because dinner time is 4 30 here but we’re done and then you have a great night after that you get you’re in bed by eight but you’ve had a great time and that’s what it’s all about she gets more traction out of our happy hours so this is our way of communicating to the world what’s happening when so we can coordinate better correct there you go so we thought we would share this wealth of information with you our fellow preschootonians and those who were thinking about becoming oppressive preschool yeah so download our uh our seven great happy hours in prescott arizona calendar chart and uh who knows maybe we’ll see you at one of these great we would love to see you so give us a call at 713-302-1964 our website always waiting for you pickle411.com our free information site that’s pickle411.com whether you’re a buyer seller or somewhere in between just looking for a happy hour or abelina or whatever you need you’ll find it there it’s free it’s wonderful it’s entertaining and vibrations yeah just making it worse that’s a good word that’s a good one i like it okay so we look forward to hearing from you and uh i hope you enjoy the happy hours here as we do okay have a great evening thank you for our morning what did i say was it morning we’ve been here for 12 hours it has been a long day but you know what i mean have a good day bye