Chattanooga Real Estate Podcast with Dustin Sherlin
61 episodes - English - Latest episode: 2 months ago -If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Realty ONE Experts - your professional Chattanooga Real Estate Agents.
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Episodes
What Must Sellers Reveal in Disclosures?
February 20, 2024 07:00 VideoWhen making an offer on a house, one of the first things buyers get from the seller is a property disclosure. This is also referred to as a property disclosure statement, a real estate disclosure form, or a home disclosure. The specifics vary by state, but most states, including ours, require some type of seller disclosure. The goal is to add transparency to the transaction. In this disclosure, a seller provides written information about known things that could impact the property’s value....
Your Simple Guide To Preparing Your Home for Sale
February 07, 2024 07:00 VideoSelling your home can be a significant undertaking, but with careful preparation, you can enhance its appeal and increase the likelihood of a successful sale. Whether you’re a first-time seller or have experience in the real estate market, taking specific steps to prepare your home is crucial. Today, we’ll explore three key points to help you get your home ready for the market. 1. Enhance curb appeal. When potential buyers arrive at your property, the first thing they notice is the exterior....
The Top 3 Reasons to Buy a Home Now
January 23, 2024 05:00 VideoIn the ever-evolving landscape of real estate, the decision to buy a home is a significant milestone that requires careful consideration. While the market may seem unpredictable, there are compelling reasons why now might be the ideal time to take the plunge into homeownership. We’ll explore the top three reasons why buying a home now instead of waiting could prove to be a wise investment: 1. Home values will always rise over time. One of the most compelling arguments in favor of buying a ho...
Happy Holidays From Us
December 11, 2023 00:00 VideoFrom our team to your family, we want to wish you a happy holiday season. Happy holidays to you! The holiday season has officially arrived. We hope you enjoy this wonderful time of year and make some fantastic memories. We wanted to take a moment to thank you for your continued support. We love helping people make their real estate dreams come true, so thank you for working with us and supporting our business. This may be a busy time of year, but we are always here to help you and answe...
3 Tips for Selling Your House Fast and at the Best Price
October 30, 2023 00:00 VideoSelling a house can be a complex and daunting process, but with the right strategies, you can expedite the sale and secure the best price for your property. Whether you’re a seasoned homeowner or a first-time seller, these top three tips will guide you through the process of selling your house quickly and at the optimal price: 1. Hire a trusted and experienced agent. One of the most crucial decisions you’ll make when selling your house is choosing the right real estate agent. A professional ...
Get Top Dollar for Your Home: Here’s What Not To Fix Before Selling
September 25, 2023 00:00 VideoWhen preparing to sell your house, you need to make sure it’s appealing to potential buyers. Many homeowners rush to fix every little flaw, thinking it will boost their property’s value, but not every improvement will yield a significant return on investment. To help you avoid the ones that aren’t worthwhile, here are the top three things you should avoid fixing when getting your house ready to sell: 1. Minor HVAC, electrical, and plumbing issues. While well-maintained and fully functional ...
3 Secrets To Successful Home Staging: Elevate Your Property's Value
September 15, 2023 00:00 VideoWhen it comes to selling your home, first impressions matter. Properly staging your home can significantly impact its perceived value and attract potential buyers. By strategically arranging and presenting your space, you can create an inviting atmosphere that resonates with prospective buyers and boosts your home’s selling price. To help with this, I’m sharing three key tips for staging your home to maximize its appeal and increase its market value: 1. Declutter and depersonalize. Remove a...
Your Roadmap to Successful Real Estate Auction Bidding
August 21, 2023 00:00 VideoReal estate auctions present an opportunity to secure your dream property. Today, we’re delving into the fascinating world of real estate auctions. It’s a topic that often raises questions from both clients and agents, prompting us to shed light on how these auctions truly work. So, sit tight as we’re about to unravel the mystery right before your eyes. At its core, a real estate auction is a public event where properties are sold to the highest bidder. Who’s doing the selling, you might ...
The Ultimate Guide To Finding and Buying Foreclosed Properties
August 03, 2023 00:00 VideoOne way for homebuyers to find a great deal on a property is by purchasing a foreclosed home. This is a home that has been repossessed by the bank or a lender after the owner failed to make mortgage payments. According to real estate data curator ATTOM, although still below pandemic levels, the number of foreclosed homes has increased from February 2022 to February 2023, so now is a great time to consider this option. However, buying a foreclosure can be a complex process and sometimes more...
Your Simple Guide To Selling Your Home ASAP
July 20, 2023 00:00 VideoDo you need to sell your house as soon as possible? Maybe you need to relocate for a new job soon, or perhaps you just don’t want to draw out the hassle of a home sale. Whatever your reason is, you don’t need to worry. I have tons of experience helping homeowners sell their properties quickly. Here are three things I’ve learned that will help you sell as soon as possible without sacrificing your final sales price: 1. Prepare your home before putting it on the market. The better your home loo...
How to Price Your Home Right: 3 Great Tips
June 29, 2023 00:00 VideoThe real estate market is an ever-changing thing. One day, prices are up, and the very next day, everything has reversed on you. Over the last few years especially, with turbulent markets and economic confusion, the real estate market has become increasingly dynamic. In this era of constant fluctuation, how will you know how much your home is worth? There are three things that you need to know: 1. Use the right tools. Online estimators are a great way to get a very rough estimate of where yo...
This Is How You Win With a Home-Sale Contingency
June 22, 2023 00:00 VideoDo you already own a home but want to buy a new one? Unfortunately, not everyone has the money to keep two homes and pay both mortgages. Most people will have to sell their current property to have the funds to pay for the new house. However, two transactions can sometimes mean double the headache. If you’re in this position, what can you do to ensure a successful home purchase? One option that you have is to include a home-sale contingency clause in your offer. This means you will only buy ...
How To Make Money by Investing in Real Estate
June 08, 2023 00:00 VideoHow much do you know about the power of investing in real estate? The truth is that this avenue can be very lucrative and help you build long-term wealth. However, know upfront that this type of investing is much more about the long game, and you’ll need to be patient. The sooner you start, the more you can earn. Over the years, people have gotten their start in real estate investing in various ways. Some people have rented out part of their homes, lived with their families a little longer,...
A Seller's Guide to Home Sale Documentation
May 24, 2023 00:00 VideoAre you looking to sell a home? At times, it may seem like you are adrift on an endless sea of paperwork. So many documents are required during the sale of a home that it can be confusing and worrisome. It’s easy to become overwhelmed, which is why I’ve put together this brief primer to help you navigate the process. This isn’t an exhaustive list of all the documents you might need during a sale, but it should help you get the ball rolling. 1. Pre-listing paperwork. This is possibly the most...
3 Things Inspectors Check in a Home Inspection
May 16, 2023 00:00 VideoDo you know what things a home inspector looks for when they visit a property? Home inspectors will investigate every nook and cranny from the foundation to the roof to find anything that might affect the property’s value. Here are the main things that they will check: 1. Roof. Inspectors look for leaks, damaged or missing shingles, and moss growth. They also look for any problems with the flashing, gutters, vents, attic ventilation, and skylights, if your home has them. Make sure everything...
What Sellers Need To Know About Appraisals
April 27, 2023 00:00 VideoAre you thinking about selling your home? If so, how exciting! This process means a fresh start and new beginnings. However, before you list your property, it is important that you completely understand appraisals. An appraisal is an opinion of value, where an expert appraiser will come to your house and estimate how much it is worth. They will provide a written report based on their inspection of pertinent information that determines your home’s value. This could greatly affect the success a...
How To Know if a Rental Is a Good Investment
April 13, 2023 00:00 VideoHave you ever thought about investing in a rental property? Real estate investments can be a great way to earn passive income, but you need to be careful. Not all rentals are the same, so you need to know how to identify which ones make sense financially. That can change based on various factors, but the main way to determine if an investment will be a good one is to run the numbers. Whether or not you like math, that step is crucial to finding an excellent real estate investment. However, th...
How To Sell a Home That Needs Repairs
March 30, 2023 00:00 VideoThree things you should do to successfully sell a fixer-upper. The selling process is already difficult enough, but when you add noticeable problems with the property into the equation, it can make the home sale even more complicated. Inventory is now increasing, and buyers have more options to choose from. Your home, which needs repairs, won’t likely be their first choice, and those who are interested in purchasing may make an offer that’s less than what you wanted to sell it for. Sellin...
What You Need To Know About Our Housing Market
March 16, 2023 00:00 VideoImportant information you need to know about our local housing market. What’s going on in our housing market? Things have been changing a lot recently, and many people have been asking us about the future of real estate. Will things stabilize or will there be a crash? To answer that, today we’re bringing you the latest market numbers and explaining what they mean for the future of our market. First, the average sales price is $356,000, which is up from this time last year by 2.24%. Also,...
A Seller’s Guide to Appraisals
March 02, 2023 00:00 VideoAre you thinking about selling your home? If so, how exciting! This process means a fresh start and new beginnings. However, before you list your property, it is important that you completely understand appraisals. An appraisal is an opinion of value, where an expert appraiser will come to your house and estimate how much it is worth. They will provide a written report based on their inspection of pertinent information that determines your home’s value. This could greatly affect the success a...
3 Home Improvements With a High ROI
February 16, 2023 00:00 VideoWhen preparing your house for sale, you may be led to believe that the more upgrades you make, the higher the price you can list for. However, not all home upgrades are created equal; some will have you pouring money down the drain, while others will get you immediate resale value. Understanding which projects to take on can help you make thousands of dollars more. So, what home improvements should you do if you want to get a fantastic return on your investment? To answer this question, we h...
You Should Book A Free Consultation With Me
February 02, 2023 00:00 VideoI'm here to answer any of your 2023 home selling or buying questions. I wanted to let you know I’m here to answer any of your 2023 home selling or buying questions on the phone regarding our Chattanooga/Cleveland housing market. Free. No charge. Just book 30 minutes with me on my calendar. There’s a record amount of uncertainty with interest rates, growing mortgage payments, loan qualifications, fluctuating home prices, and ways to get your home ready to sell. I get paid only if your ho...
Common Pricing Mistakes That Sellers Make
November 22, 2022 00:00 VideoWhen you’re selling your home, make sure to avoid these common mistakes. Pricing your home correctly is one of the hardest parts of selling your home, but it is also one of the most important. Having the right price can make or break your home sale, especially in today’s constantly changing market. Things are starting to shift away from the white-hot seller’s market, so it is getting increasingly important that you are competitive. That’s why I’m here today with some advice on how to pric...
October 2022 Market Update
October 11, 2022 00:00 VideoHere’s everything you need to know about our shifting real estate market. What is happening so far this year, and what can we expect for the fall? The real estate market was moving extremely fast as we entered this year. It still was, in fact, up until the middle of the year when we started to see a correction in the real estate industry. his means the market is starting to normalize after the significant gains we saw earlier. Days on market have increased from the first three to seven da...
Why Is Our Inventory So Low?
September 07, 2022 00:00 VideoWhy our market won’t crash, even if we get a bunch of foreclosures. Is our market going to crash? Will we see a wave of foreclosure? Is this all a repeat of 2008? We get these questions all the time, but don’t worry—the answer to all three is no. We will see a shift in our market, but we won’t have a sudden change in inventory. The banks stopped foreclosing on homes at the start of the COVID pandemic, and they’ve recently extended that policy another year. There’s now a two-year backlog ...
4 Tips If You’re Planning To Sell Your Home in 2022
July 05, 2022 20:14 VideoFour tips to keep in mind if you’re planning to sell your house this year. While it may be tricky to buy a home in our current market, right now is a great time to sell one. If you’re planning to sell your house this year, be sure to keep the following in mind: 1. Don’t wait for interest rates to get too high. Though mortgage rates are higher now than they were at any point in 2021, they’re still competitive from a historical perspective. However, that could all change as the year moves a...
2 Reasons Why You Should Sell in the Winter
January 21, 2022 00:00 VideoHere’s how sellers and buyers can navigate the winter market. Recently, a lot of clients have asked me if they should sell now or wait until spring. The market tends to heat up in the spring, but there are many benefits to selling during the winter. Today I want to give you two big reasons why now is still a great time to sell your home: 1. Inventory is low. During the winter, inventory is usually as low as it gets. That means you’ll have less competition, and you might be able to negotia...
How to Make Your Offer Stand Out
July 27, 2021 00:00 VideoHere’s my advice on how to write the best offer possible. With the real estate market so tight, it is more important than ever to write a winnable offer. Today, I’ll be going over my tips to help you write the best offer you can. When you find a home you love, there are a few things you need to take care of. You should talk to your home inspector and write your pre-approval letter as soon as possible. You want to be organized and ready to go in case of a multiple-offer situation. “Cas...
Spring 2021 Real Estate Market Update
April 23, 2021 15:15 VideoHere’s the latest news on the spring real estate market in our area. The spring real estate market is back with a vengeance. After a full year of dealing with COVID-19 here in the U.S., a vaccine surge is on the horizon and the economic outlook is positive. March, a historically active month for the market, is once again poised for strong performance. Home prices continue to surge despite a slight dip in demand. The recently released S&P CoreLogic Case-Shiller 20-city price index shows ...
Q: Should You Worry About an Impending Foreclosure Crisis?
November 06, 2020 15:15 VideoHere’s why I predict we won’t see a foreclosure crisis next year. I’m sure you know all about how the pandemic and subsequent lockdowns hurt the economy. Most people lost their jobs or had their hours cut, and as a result, are struggling to make mortgage payments. You’ve also probably heard about various forbearance programs, or temporary private and government-funded programs that allow homeowners to reduce or postpone their monthly payments. As it stands, nearly 3.7 million borrowers a...
Will Our Market Rebound?
October 23, 2020 19:19 VideoHere’s why I don’t foresee a housing crisis affecting buyers and sellers. You might be wondering whether our real estate market will turn around this year considering the state of the economy due to the pandemic. Clearly, the economy went on pause after the initial outbreak. I don’t think we’ve ever seen anything like this. Major financial institutions like JP Morgan, Goldman Sachs, Morgan Stanley, and others predict a V-shaped recovery for the economy, where it bounces back just as quic...
How Is Our Market Evolving?
September 23, 2020 13:47 VideoHere are the latest numbers for our real estate market. What does this mean for you? Well, if you have been thinking of selling, now might be a golden moment. A severe lack of homes for sale means you could sell in record time, and since low mortgage rates are making homes more affordable, you could get top dollar for your home. However, the dark clouds I mentioned above could change things quickly. We could see an influx of new homes for sale on the market, which would drive down prices...
Q: How’s Our Market Doing?
August 12, 2020 14:28 VideoBuyers and sellers can win in our current market. It’s been a challenging time for many of us both professionally and personally. Markets have fluctuated due to uncertainty, and that includes our real estate market. If you’re in the market to buy a home, there is a great opportunity to invest in a new property. However, fewer sellers are putting their homes on the market due to worries about the pandemic. This is creating a huge inventory shortage. “These numbers show how strong of a s...
Buyer Turnoffs Sellers Need to Know
July 02, 2020 15:13 VideoThese are the six buyer turnoffs every seller should know about and fix. Though your home may be beautiful, some things will immediately make a buyer dismiss it. I’m sharing six buyer turnoffs that sellers need to be aware of in today’s market: 1. Dampness or wet areas. Studies show that 70% of buyers are put off by these, so if there’s any dampness, whether in your basement or bathrooms, repair it right away. This could also be a health hazard to you while you live there. 2. Odors. 56%...
Our Market Is In a Unique Position
June 05, 2020 18:46 VideoThe real estate market is in a very unique position right now; social distancing restrictions are loosening, and we’re starting to see more open houses and home sales. Interest rates are at all-time lows, which gives buyers enormous purchasing power, but there are more buyers than there are homes for sale, which has caused demand to spike. To learn more about the unique position our market is in right now, watch this short video above.
Our Market Is in a Unique Position
June 05, 2020 18:46 VideoThe real estate market is in a very unique position right now; social distancing restrictions are loosening, and we’re starting to see more open houses and home sales. Interest rates are at all-time lows, which gives buyers enormous purchasing power, but there are more buyers than there are homes for sale, causing demand to spike. However, the number of homes on the market is likely to increase soon. To learn more about the unique position our market is in right now, watch this short video ...
Options For Sellers Amid COVID-19
May 18, 2020 20:06 VideoWith the pandemic that has disrupted everything, there are now different options for selling your home. Buyers have the internet, more resources, and low interest rates, so they’re doing a ton of homework before buying a house. Home prices are increasing, and we don’t see that changing, despite the health crisis. One option you have is to sell to an iBuyer. To learn more about selling options amid COVID-19, watch the short video above.
How Real Estate Is Being Affected by the Pandemic
May 08, 2020 18:50 VideoHow has the coronavirus pandemic affected our local real estate market? As everyone is adapting to this, the good news is that we are still able to do business virtually and safely. We can offer consultations, signings, and showings all over the internet. Sales are down about 19% from where they were last year, but inventory is down by almost that much as well. Home sales are only down 1.6% from last year, so that means people are still buying and selling homes right now. To learn more, wat...
3 Renovations to Help You Sell Your Home
March 09, 2020 20:50 VideoBoosting curb appeal, repainting, and targeting the kitchen and bathrooms are the best things sellers can do to raise their home's value. Here’s why. Here are three things you can focus on to sell your home quicker and for more money: 1. Curb appeal. This can get you more money than just about anything else, because when buyers drive by the house, they’ll either be turned off, unimpressed, or enticed. Exterior paint is relatively inexpensive, and adding a fresh coat of it is a great wa...
What’s the Right Loan Program for You?
February 25, 2020 21:28 VideoThere are plenty of loan programs available to homebuyers, even if their credit isn’t perfect. If you’re thinking of buying a home, there are several different loan programs available to homebuyers, depending on what you qualify for. Conventional loans typically need more of a down payment, although there are some loan programs that offer 100% financing, such as the THDA, USDA, and VA loans. FHA loans, meanwhile, only require 3.5% down. If you have more cash to put down, there are conven...
What Can You Expect From Our Market in 2020?
January 10, 2020 14:49 VideoAs we enter the new year, I’ve got some numbers to show you and some predictions to make for our real estate market. Here’s what you need to know. I’ve got a quick real estate market update to share with you today, as well as some projections of what I believe we’ll see in 2020. Interest rates and inventory are still low, which is going to lead to another increase in home prices. We’re up a little over 5% from last year, which is a solid, healthy rate of appreciation. Overall, we expect o...
5 Tips for Buying in a Tight Market
October 28, 2019 16:46 VideoHere are five tips you must follow if you want to find and close on a great home for a great price in our tight market. Our market is tight right now for buyers, so if you’re considering buying a home soon, there are a few tips you need to remember to ensure you still get the best deal possible. First, meet with your loan officer and discuss your budget. You don’t want to get caught out-bidding your own budget or buying something you’ll regret later on, so establish your budget and stick...
Measure Your Excitement About That “Coming Soon” Listing
October 18, 2019 13:46 VideoHow should buyers react to seeing “coming soon” listings? Today I’ll discuss. Advertising a home as “coming soon” is a great strategy that helps the seller get an early start on their marketing program. Most of the time, however, “coming soon” listings are not available for viewings until they’re fully active listings on the market. According to the National Association of Realtors, “coming soon” listings are not allowed to be shown by any agent, even the listing agent. Even still, a “comi...
What You Should Know About Our Fall Market
September 19, 2019 14:09 VideoWe’re heading into fall, and whether you plan to buy or sell a home in our seasonal market, there are a few points you’ll want to know first. If you’re looking to sell this fall, you’ll be pleased to know that inventory is still low, but don’t let that keep you from staying on top of your home’s curb appeal. That means rounding up the leaves in your yard, maintaining your lawn’s appearance, and embracing the season by putting up your seasonal decor. Why not take advantage of all the pleasa...
Selling to an iBuyer vs. Listing the Traditional Way
September 04, 2019 14:14 VideoAre you better off selling to an iBuyer or listing your home the traditional way? Let’s compare the pros and cons of each situation. As a company or investor that buys a house sight unseen, iBuyers pay cash, don’t ask for any inspections, and offer a quick closing. Typically, they don’t pay the most amount of money for a house, but if you need fast cash or you need to sell a house quickly, they’re a viable option. If you have more time to list your home the traditional way and target a ...
What Are Closing Costs and Earnest Money?
August 22, 2019 15:01 VideoI’m here today to discuss closing costs and earnest money: What are they and how do they apply to you? These questions often come from new buyers in the market. Typically, the seller will pay the real estate commission for both agents. The closing costs for buyers include title fees, lender costs, escrow, insurance payments, and more. “Earnest money can be used for your closing costs.” Earnest money is essentially good-faith money that shows the seller you are willing and ready to move ...
What Buyers Need to Know About Contingent Sales
August 08, 2019 14:14 VideoWhat is a contingent sale? Once a buyer makes an offer on a home, there are a few contingencies involved in the offer, including the home inspection, appraisal, and loan approval, among others. After the home inspection contingency is removed, you still have to wait for the appraisal to come back and be cleared for the final loan approval. While you’re waiting for these things to clear, the MLS (and other public real estate websites) will state that the home in question is contingent on the...
Attract Multiple Offers With These Simple Tips
July 25, 2019 15:00 VideoIf you want to attract multiple offers to your property, there are a few simple tips you can employ. First, make sure your property looks great inside and out. Spruce up your curb appeal with strategic landscaping and by giving your home’s exterior a fresh coat of paint, and make sure your interior looks just as stunning by having your property professionally staged. If you can’t afford professional staging or just aren’t interested in it, you should still declutter and depersonalize you...
4 Tips That Will Help You Win in a Multiple-Offer Situation
July 11, 2019 13:58 VideoIf you’re a buyer and you’re competing in a multiple-offer situation, here are four quick tips you need to remember if you want to write the strongest offer possible. First, don’t ask for a lot of personal property or closing costs in the offer. Next, try to get the best financing—make sure you have a pre-approval letter from a mortgage lender to go along with your offer. After that, try minimizing your contingencies. If you need to sell your current home before you buy, structure you...
A Brief Look at How Our Market Is Performing
June 27, 2019 15:50 VideoWhat is happening in and around our local market? As it stands, our current market is still leaning toward sellers, but we’re seeing a slight leveling off in favor of buyers. The average sale price for homes in our market is hovering in the mid-$200,000 range, but we’ve actually seen a 4.5% uptick in price year over year. “Depending on your price point and what your goals are, the time to make a move might be now.” While inventory has yet to come down for homes priced above $250,000, t...