Deaths in a Home, Best Seller Disclosure Tips, & Best Buyer/Seller Advice for a New Market – The Real Estate Show Episode 63
In this episode, Cherise Selley cautions listeners that in the current changing market, buying with the mentality of short-term gains (like those sought by “flipping” properties) is not the way to go. Cherise and co-host Shawna Uehling share real-life anecdotes from recent client experiences that illuminate Cherise’s advice.
Cherise points out that a few years ago, it was a no-brainer strategy to buy a starter home and sell it in two years, which would enable the purchase of that “next-level,” family-friendly home. Is this still a smart strategy? Listen to learn more.
Cherise and Shawna also talk disclosure tips. As a REALTOR®, do you have to disclose to a potential buyer if there was a death in the home? Is it the responsibility of the REALTOR® or the seller to tell potential buyers about reported ghosts, hauntings and similar paranormal activity? Get the answers in this episode.
Finally, Cherise shares residential real estate statistics for October 2022 including Colorado Springs and all of El Paso County, Colorado.
Podcast Highlights
00:00 Shawna Uehling and Cherise Selley Intro
0:35 October Home Price Stats for El Paso County
1:24 October 21 vs. October 22 for Home Price Stats
1:48 Inventory vs. Sales Ratio Comparison for El Paso County
3:36 Real Story – Do You Rent Vs. Buy Now?
5:16 Real Story – Do You Hold or Sell Your Investment Properties?
6:18 Beware of Short-Term Thinking When You Buy in This Market
9:00 Do You Have to Disclose a Death in the House
12:32 An Agent’s Responsibility Regarding the Sellers Disclosure Tips
14:10 Avoid Lawsuits and Disclose The Right Way
14:39 Happy Thanksgiving to Our Clients and Community
Cherise Selley and the Group talk about what it takes for buyers and sellers to succeed in a complicated real estate market both in Colorado Springs, and in other locations across the country. Subscribe and hit the notification bell for updates on weekly episodes where we discuss what it really takes to succeed in real estate!
Although we’re based in Colorado, selling Colorado Springs Home for Sale, our experience can benefit buyers and sellers, and real estate professionals nationwide.
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