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Uncategorized | 3 Posts
July
3

In today's Conversation with the Experts, we are talking with Kevin Girtz of Moxie Pest Control. He is here to explain the difference between an economy termite treatment and the more expensive treatments.

In the Midwest, all termites are subterranean. That means they live under ground and in wood that is in contact with the soil. Termites cannot live in direct sunlight, and therefore build mud tubes to move above ground. Those mud tubes or wood damaged by termites are the two most visible signs a home has termites. In the Kansas City metro, our real estate contracts state that if a home is found to have termites, a seller must treat (unless it has otherwise been negotiated in the contract.

There are two ways to treat termites: termite bait stations or more commonly by trenching the soil around the home and treating with chem...

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June
1

The moment nearly every student seems to live for is finally here: Summer Vacation. Despite the urge for kids to get as far away from any conversation involving "school" as possible, Summer tends to be a really hot time for Real Estate as parents seek to move into better school districts in hopes of getting their children a leg up through better education. While the Kansas City Area has some great private schools, there are plenty of opportunities in the metro area for a high quality public education. There are certainly exceptions to the rule, but multiple districts have won national awards throughout their existence. For those parents looking to enter an area with better public education, lets break down the top school districts in Kansas City according to Niche.com.

5. Olathe - Starting off our list is the largest in the top 5 - t...

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May
27

Politics impact every aspect of our world for better or for worse. The reality of the situation is that not only are we under the influence of federal politics, but also state, local or even homeowner association politics. The real estate world doesn't have the benefit of escaping that fact. Let's talk real quick about some of the ways that politics directly impacts us as homeowners or potential homeowners.

A common assertation from the earliest days of our country is that "In this world, nothing is certain except death and taxes." Taxes play a huge part in the day to day lives of all of us between income tax, sales tax and in the real estate world, property taxes. Now our property taxes pay for a number of different things - public spaces, streets, and schools among other things. Having that understanding can impact the way you look...

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May
25

A home is not just a place you live, it's a place where you're able to have incredible moments all in a safe environment. Not only that, but it has typically been seen as one of the most historically solid investments one can make, so we want to make sure that we're able to protect it. Neglecting a house is the fastest way to devalue the property, regardless of if you have any intent to sell, but it can also become a money pit where you are pouring your hard earned money just to fix issues that could have easily been avoided with just a little bit of leg work up front. It doesn't even have to be complicated or take much time. Here are 5 home maintenance items for you to complete this Summer.

1. Check kids' playground equipment - This certainly won't apply to everybody, so let's just get it out of the way. We want our homes to be safe...

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May
23

Realtors can get a bad rap. In this housing market, so many people think there isn't any leg work to do when it comes to selling their homes. As such, a number of homeowners attempt to save some money and list the home as a For Sale By Owner (FSBO for short).  Naturally, a lot of agents will give some push back on this, but why is it something that you should not do?

First off, the biggest reason that people tend to try to sell their house themselves is to save some money on paying commissions. Those pesky listing agents typically get paid commission for both the buyer and the seller and then split it with the other agent. While commission is negotiable, this tends to be around the 6% number - 3% for the buyer and 3% for the seller. When you take a look at how much a house can sell for - especially in a market ...

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May
20

10. Being too aggressive with your concessions

My last video and article talked all about the pitfalls of being too aggressive with your offer, so I'm certainly going to refer you to that, but let me hit some of the highlights. The real estate transaction has certain things in place to help protect you as a buyer - inspections, appraisal, etc. In this hypercompetitive market, it's not uncommon to see people waive some of the rights they have for some of these in order to make their offer seem stronger. Certainly, that helps put some extra weight behind the offer, but it can also put you at a crippling disadvantage in the long term if you do so recklessly.

9. Assuming every home is priced for negotiating 

On the other side of the proverbial real estate coin is the seller's side. Just like our side when we look int...

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May
18

I'm about to blow your mind - the current Real Estate market favors the seller. Yes, I know. I didn't believe it at first either. Obviously, that's a bit sarcastic. Unless you've been living under a rock or you're just now beginning to look into the real estate market, the past handful of years has been more of a Seller's Market than a Buyer's Market. The number of potential buyers coming of age to own a home combined with covid stimulus and a handful of other factors has driven demand for new houses to an insane level, all while keeping housing inventory at a similar, if not decreased level. Given the competition, there has been an increase in practices that buyer's and agents are promoting in order to get into the house of your dreams, but are these practices wise? Let's breakdown some of the ways people are trying to...

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May
16

It's no secret to anybody that the real estate market has been going wild as of late. In March of 2022, the median existing home price for all housing types was $375,000 - up 15% comparted to March 2021. That type of growth has become all too common among the real estate market in the past couple years, but it also marks 121 consecutive months of consistent year-over-year growth. That is just over an entire decade of real estate price appreciation and is now the longest-running streak on record. While this is seen in many aspects of the economy as unsustainable, we are seeing measures be taken to prevent this level of inflation running rampant forever. Many individuals due to a number of factors are opting to sideline themselves from the real estate market in hopes that we will begin to see a market correction, but how likely is that?

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