Shows
LiveWinnetkaDave Nimick - September 2023 Real Estate Market ReportThis is one of the strangest and most unpredictable times in real estate in the last decade. The bumpy economy, constraints on affordability, lack of available homes and lower buyer demand are all playing a part. Interest rates remain stubbornly high. Listen to real estate expert Dave Nimick make sense of all the dynamics at play, as he interprets the numbers that make up the WInnetka real estate market.In this episode, you will learn about:The intricate workings of the real estate landscape in WinnetkaThe three distinct price ranges Dave analyzesWhich price...
2023-09-0718 min
LiveWinnetkaDave Nimick - August 2023 Winnetka Real Estate Market ReportLearn the latest about the trends in Winnetka real estate from the most knowledgeable agent in the Winnetka area. 2023 remains a year unlike any other - tune in to find out why.In this episode, you will learn:The reason why it’s still a seller’s market, even with fewer buyersThe nuances between three different price ranges in WinnetkaHow the current supply and demand blend to shape the marketHow the activity thus far is offering us guidance Dave’s predictions for the rest of the year“In order to best be...
2023-08-1621 min
LiveWinnetkaDave Nimick - Mid-year Winnetka Real Estate ReviewIf you're feeling overwhelmed and frustrated by the lack of success in the Winnetka real estate market, despite your efforts to buy or sell a home, then you’re not alone! Many potential homebuyers and sellers are struggling to make informed decisions and achieve the desired results in this competitive market.In this episode, you will learn about:The intricate patterns around Winnetka’s real estate market.The pivotal role of interest rates in shaping the trends.The challenging terrain of a market characterized by tight inventory.How homeowners in Winnetka have managed to i...
2023-07-1919 min
Chicago Real Estate PerspectiveDave Nimick: June 2023: Interpreting the MarketIn this episode, Dave discusses the current real estate market through May 2023. Key Takeaways:So far, the northside neighborhoods have had a better year than much of the city. As a whole, supply is down about 15%, but demand is down almost twice that across all of Chicago.Interest rates are driving both the low supply and the lower demand. Supply and demand for condos is not as hard luck as for single-family homes. "Affordability is driven by interest rates. And so if interest rates go down, then that is going to help...
2023-06-1512 min
Chicago Real Estate PerspectiveDave Nimick: June 2023: Interpreting the MarketIn this episode, Dave discusses the current real estate market through May 2023. Key Takeaways:So far, the northside neighborhoods have had a better year than much of the city. As a whole, supply is down about 15%, but demand is down almost twice that across all of Chicago.Interest rates are driving both the low supply and the lower demand. Supply and demand for condos is not as hard luck as for single-family homes. "Affordability is driven by interest rates. And so if interest rates go down, then that is going to help...
2023-06-1512 min
LiveWinnetkaDave Nimick - May 2023 Winnetka Real Estate ReportIn this episode of Live Winnetka, Dave Nimick reveals the real estate numbers for May of 2023 and what they mean for buyers and sellers. With a dramatic drop in the number of listings, contracts, and sales, the market is still a seller's market, but for how long? Tune in to find out.In this episode, you will learn about:The latest crucial real estate data for Winnetka, through May 2023How this is currently a Seller’s market, yet buyers have more leverage than in years pastWhy 2023 has been unlike any other year in re...
2023-06-0721 min
LiveWinnetkaJoshua Swanner - Principal, Greeley SchoolJoshua Swanner is a passionate educator with 18 years of experience in the field, including teaching social studies, serving as an assistant principal, and now leading as the principal of Greeley Elementary School in Winnetka, Illinois. With a master's in Educational Leadership and currently pursuing a doctorate in Education, Policy, Organization, and Leadership, Joshua is dedicated to staying current with research and promoting progressive education. A firm believer in the importance of whole-child development, he focuses on fostering creativity, inspiring lifelong learning, and nurturing social-emotional skills in students to help them reach their full potential....
2023-05-241h 09
Chicago Real Estate PerspectiveDave Nimick: Tales from the Real Estate Market {May 2023}In this episode, Dave discusses:Stories happening in the Spring 2023 real estate market.What makes this year different from prior years. The inconsistencies in the current market. Understanding what you want during your sale or purchase. Key Takeaways:You want to work with an agent who listens to what is most important to you and understands the market in your selling area. Consider leaving a couple of days open for showings and trust your agent to run the scheduling of those showings. Keeping the home clean and show-ready is easier if you aren’t there. ...
2023-05-1824 min
Chicago Real Estate PerspectiveDave Nimick: Tales from the Real Estate Market {May 2023}In this episode, Dave discusses:Stories happening in the Spring 2023 real estate market.What makes this year different from prior years. The inconsistencies in the current market. Understanding what you want during your sale or purchase. Key Takeaways:You want to work with an agent who listens to what is most important to you and understands the market in your selling area. Consider leaving a couple of days open for showings and trust your agent to run the scheduling of those showings. Keeping the home clean and show-ready is easier if you aren’t there. ...
2023-05-1824 min
LiveWinnetkaJohn Peterson's Green Initiatives: Winnetka Park District's Eco-Friendly ProjectsJohn Peterson, Executive Director of the Winnetka Park District, is a passionate advocate for community involvement and sustainable practices. With a background in risk management, John's career took a local turn when he decided to focus on giving back to his beloved Winnetka community. Under John's leadership, the Park District has flourished with exciting programs, activities, and collaborations with local organizations. John's latest focus includes the Park District's efforts to reduce plastic usage and develop a butterfly garden, showcasing his commitment to environmentally conscious initiatives.In this episode, you will learn about:Winnetka...
2023-05-171h 00
Chicago Real Estate PerspectiveInterview with CFP Ed Gjertsen: Real Estate & Overall Financial HealthIn this episode, Dave and Ed discuss:Why you should consult a financial professional when buying a home. Active engagement on behalf of your clients. Areas homeowners might overlook when purchasing real estate. Real estate investing. Key Takeaways:Your financial advisor can give you guidance, but, ultimately, it is your decision. They are the coach to your decision-making quarterback. Most people are misaligned between their estate documents and the title of their homes. Every client and every home are unique. Working with a financial advisor can assist with helping make the decision of what will wo...
2023-05-0428 min
Chicago Real Estate PerspectiveInterview with CFP Ed Gjertsen: Real Estate & Overall Financial HealthIn this episode, Dave and Ed discuss:Why you should consult a financial professional when buying a home. Active engagement on behalf of your clients. Areas homeowners might overlook when purchasing real estate. Real estate investing. Key Takeaways:Your financial advisor can give you guidance, but, ultimately, it is your decision. They are the coach to your decision-making quarterback. Most people are misaligned between their estate documents and the title of their homes. Every client and every home are unique. Working with a financial advisor can assist with helping make the decision of what will wo...
2023-05-0428 min
LiveWinnetkaCreating Future Change-Makers: Luke Livingston's Vision for Crow Island SchoolLuke Livingston, an educator with a passion for teaching, thoroughly enjoys the progressive education approach at Crow Island School, where students learn important skills like empathy and problem-solving through hands-on activities.In this episode, you will learn about:The journey through the innovative progressive education model of Crow Island School and its legacy. The profound impact of empathy, collaboration, and intrinsic motivation in student growth. The challenge of meeting the needs of students, parents, and teachers in contemporary classrooms. Effective behavior management and promoting inclusivity for diverse student populations. The valu...
2023-05-0357 min
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an Agent When Buying a HomeIn this episode, Dave discusses:The top questions to ask an agent when buying a homeThe deeper dive insights into the questions you are askingThe answers you should be happy to hear, and the ones you should be concerned withDave’s responses to each of these questions! The 5 Questions (and a bonus!):Will I be working with you or with someone else? How available are you for showings on short notice?How many homes should I see before making an offer?What happens when I’m ready to make an offer? How will you present...
2023-04-2731 min
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an Agent When Buying a HomeIn this episode, Dave discusses:The top questions to ask an agent when buying a homeThe deeper dive insights into the questions you are askingThe answers you should be happy to hear, and the ones you should be concerned withDave’s responses to each of these questions! The 5 Questions (and a bonus!):Will I be working with you or with someone else? How available are you for showings on short notice?How many homes should I see before making an offer?What happens when I’m ready to make an offer? How will you present...
2023-04-2731 min
LiveWinnetkaWelcome to LiveWinnetkaContact Dave:Website: https://livewinnetka/Email: dave@livewinnetka.comInstagram: https://www.instagram.com/livewinnetka/Twitter: https://twitter.com/LiveWinnetka
2023-04-2705 min
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an Agent When Selling Your HomeIn this episode, Dave discusses:The top questions to ask an agent when sellingThe deeper dive insights of the questions you are askingThe answers you should be happy to hear, and the ones you should be concerned withDave’s responses to each of these questions! The 5 Questions (and a bonus!):What are the drawbacks of my home? What makes my home stand out? How do you interpret the market and know if it is changing?How did you arrive at the list price? What price would you recommend if I was in a rush? Or i...
2023-04-2016 min
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an Agent When Selling Your HomeIn this episode, Dave discusses:The top questions to ask an agent when sellingThe deeper dive insights of the questions you are askingThe answers you should be happy to hear, and the ones you should be concerned withDave’s responses to each of these questions! The 5 Questions (and a bonus!):What are the drawbacks of my home? What makes my home stand out? How do you interpret the market and know if it is changing?How did you arrive at the list price? What price would you recommend if I was in a rush? Or i...
2023-04-2016 min
Chicago Real Estate PerspectiveWhat Top U.S. Real Estate Agents Saw in 2023 First QuarterIn this episode, Dave, David, Kelley, Brittany, Chip, Jessica, Diane, and Christine discuss:The types of market agents are seeing throughout the country. What types of inventory are available depending on the region. Multiple offer situations. The changing demand over the last couple of years. Area-specific challenges faced by buyers and sellers. Why pricing always matters. How interest rates are affecting the various markets. What $1M will get you around the country. "It’s important to know the city in and out, especially when working with clients because you know more about the city than they do, an...
2023-04-061h 24
Chicago Real Estate PerspectiveWhat Top U.S. Real Estate Agents Saw in 2023 First QuarterIn this episode, Dave, David, Kelley, Brittany, Chip, Jessica, Diane, and Christine discuss:The types of market agents are seeing throughout the country. What types of inventory are available depending on the region. Multiple offer situations. The changing demand over the last couple of years. Area-specific challenges faced by buyers and sellers. Why pricing always matters. How interest rates are affecting the various markets. What $1M will get you around the country. "It’s important to know the city in and out, especially when working with clients because you know more about the city than they do, an...
2023-04-061h 24
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an AgentIn this episode, Dave discusses:The best questions to help you tell the whether they’re an agent worth working withInsights to listen forResponses you want to get Answers that should give you pause. The 5 Questions (and a bonus!):What is your track record for the # of transactions, overall production, and client service? What did you do before real estate? How do you get most of your business?What is your negotiating strategy? Do you focus primarily on sellers, buyers, or a balance of both?Bonus: How will you ensure that my sale/purchase will go...
2023-03-3026 min
Chicago Real Estate PerspectiveDave Nimick: Top 5 Questions to Ask an AgentIn this episode, Dave discusses:The best questions to help you tell the whether they’re an agent worth working withInsights to listen forResponses you want to get Answers that should give you pause. The 5 Questions (and a bonus!):What is your track record for the # of transactions, overall production, and client service? What did you do before real estate? How do you get most of your business?What is your negotiating strategy? Do you focus primarily on sellers, buyers, or a balance of both?Bonus: How will you ensure that my sale/purchase will go...
2023-03-3026 min
Chicago Real Estate PerspectiveMark DeBartolo: Talkin' to the Pros: RooferIn this episode, Dave and Mark discuss:Most common roofing problems homeowners face. Types of roofing and the one Mark most recommends. Important factors to consider when choosing a roofing contractor. What to expect during a roofing project. The future of the roofing industry. Key Takeaways:Until there is a problem (such as leaking) many homeowners don’t think about the roof because it is out of sight out of mind. There are benefits and drawbacks to all the different types of roofing products, partly depending on your location. Don’t be afraid to ask question...
2023-03-1645 min
Chicago Real Estate PerspectiveMark DeBartolo: Talkin' to the Pros: RooferIn this episode, Dave and Mark discuss:Most common roofing problems homeowners face. Types of roofing and the one Mark most recommends. Important factors to consider when choosing a roofing contractor. What to expect during a roofing project. The future of the roofing industry. Key Takeaways:Until there is a problem (such as leaking) many homeowners don’t think about the roof because it is out of sight out of mind. There are benefits and drawbacks to all the different types of roofing products, partly depending on your location. Don’t be afraid to ask question...
2023-03-1645 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate Wrap • February 2023February Numbers are in! Dave reviews:🏠 Supply👍 Demand🚀 Velocity📊 Transactions Want to skip straight to your area?0:30 • CHICAGO OVERVIEW2:33 • Entire City of Chicago 4:47 • Lincoln Park6:52 • Lakeview8:57 • Bucktown & Logan Square10:42 • Wicker Pk, Uk Village, WestTown, River West12:45 • Roscoe Village, St Ben’s, NorthCenter14:22 • Lincoln Square16:03 • West Loop & University Village17:05 • River North, Old Town, Gold Coast, Streeterville17:53 • Ranking of Chicago Neighborhoods 20:02 • NORTH SHORE OVERVIEW21:15 • Winnetka22:30 • Wilmette...
2023-03-0928 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate Wrap • February 2023February Numbers are in! Dave reviews:🏠 Supply👍 Demand🚀 Velocity📊 Transactions Want to skip straight to your area?0:30 • CHICAGO OVERVIEW2:33 • Entire City of Chicago 4:47 • Lincoln Park6:52 • Lakeview8:57 • Bucktown & Logan Square10:42 • Wicker Pk, Uk Village, WestTown, River West12:45 • Roscoe Village, St Ben’s, NorthCenter14:22 • Lincoln Square16:03 • West Loop & University Village17:05 • River North, Old Town, Gold Coast, Streeterville17:53 • Ranking of Chicago Neighborhoods 20:02 • NORTH SHORE OVERVIEW21:15 • Winnetka22:30 • Wilmette...
2023-03-0928 min
Chicago Real Estate PerspectiveDave Nimick: How Real Estate Commissions WorkIn this episode, Dave discusses:How real estate agents get paid.What a listing agreement is and what it does. The Split: how brokerages and agents make money from the real estate transaction. Being a 1099 Contractor as an agent. Key Takeaways:Agents cannot be paid directly by the seller. They must be compensated by their brokerage. Most traditionally run brokerages take a portion of every single transaction. Zillow isn’t a brokerage, but they market and sell to agents that pay for the leads that they generate. There are a lot of costs that the agent...
2023-02-2314 min
Chicago Real Estate PerspectiveDave Nimick: How Real Estate Commissions WorkIn this episode, Dave discusses:How real estate agents get paid.What a listing agreement is and what it does. The Split: how brokerages and agents make money from the real estate transaction. Being a 1099 Contractor as an agent. Key Takeaways:Agents cannot be paid directly by the seller. They must be compensated by their brokerage. Most traditionally run brokerages take a portion of every single transaction. Zillow isn’t a brokerage, but they market and sell to agents that pay for the leads that they generate. There are a lot of costs that the agent...
2023-02-2314 min
Chicago Real Estate PerspectiveDave Nimick: What to Know About Closing CostsIn this episode, Dave discusses:What buyers and sellers have to pay at closing. Why a title company is important to closing (and who gets to pick the company). The reason closings often happen near the end of the month. The various charges that may or may not appear at closing. Key Takeaways:Closings almost always happen at a title company, or at least in the presence of a title representative. Closing will take, at minimum, 20 minutes but usually take 1-2 hours, sometimes longer.Most people let the mortgage company pay the property taxes and in...
2023-02-1634 min
Chicago Real Estate PerspectiveDave Nimick: What to Know About Closing CostsIn this episode, Dave discusses:What buyers and sellers have to pay at closing. Why a title company is important to closing (and who gets to pick the company). The reason closings often happen near the end of the month. The various charges that may or may not appear at closing. Key Takeaways:Closings almost always happen at a title company, or at least in the presence of a title representative. Closing will take, at minimum, 20 minutes but usually take 1-2 hours, sometimes longer.Most people let the mortgage company pay the property taxes and in...
2023-02-1634 min
Chicago Real Estate PerspectiveDave Nimick: Why Chicago's Real Estate Inventory Is So LowIn this episode, Dave discusses:The multiple reasons the real estate inventory is low across housing types.Why it feels like it is a tight market. Current statistics on single family home and condo listings in the areas tracked.. Interest rates, inflation, layoffs, and the overall economy. Key Takeaways:As a whole, the inventory for the city is up 2%. Certain areas, however, such as Lincoln Park, Lakeview, and other North Shore communities, are down considerably compared to last year. Winnetka is down 79% compared to last year, which is the largest decrease in inventory of singl...
2023-02-0220 min
Chicago Real Estate PerspectiveDave Nimick: Why Chicago's Real Estate Inventory Is So LowIn this episode, Dave discusses:The multiple reasons the real estate inventory is low across housing types.Why it feels like it is a tight market. Current statistics on single family home and condo listings in the areas tracked.. Interest rates, inflation, layoffs, and the overall economy. Key Takeaways:As a whole, the inventory for the city is up 2%. Certain areas, however, such as Lincoln Park, Lakeview, and other North Shore communities, are down considerably compared to last year. Winnetka is down 79% compared to last year, which is the largest decrease in inventory of singl...
2023-02-0220 min
Chicago Real Estate PerspectiveAndrew Balderson: Taxes & Real EstateIn this episode, Dave and Andrew discuss:Questions people are asking during tax season. Differences in taxes between primary and investment properties. Deductibles in real estate taxes.What it means to be a Real Estate professional on your taxes. Key Takeaways:On your primary residence, assessments are not generally deductible. That may be different if you have an at-home office and own your own company or are a 1099 employee. Keep good records, with receipts and documentation, about what you do to your property. That information is important if you are selling, but also potentially if yo...
2023-01-2645 min
Chicago Real Estate PerspectiveAndrew Balderson: Taxes & Real EstateIn this episode, Dave and Andrew discuss:Questions people are asking during tax season. Differences in taxes between primary and investment properties. Deductibles in real estate taxes.What it means to be a Real Estate professional on your taxes. Key Takeaways:On your primary residence, assessments are not generally deductible. That may be different if you have an at-home office and own your own company or are a 1099 employee. Keep good records, with receipts and documentation, about what you do to your property. That information is important if you are selling, but also potentially if yo...
2023-01-2645 min
Chicago Real Estate PerspectiveDave Nimick: 2023 Home Seller's GuideIn this episode, Dave discusses:What creates urgency and how that plays into the market. Supply, demand, and the best and worst months to list. The current 2023 stats and their comparison to 2021 and 2022 in the same time frame. What to look for in your agent. Key Takeaways:This is not the year to be ambivalent. Decide now if you plan to move or not and stick to that plan. A balanced market means there is a balance between the supply available and the demand for homes. SPACE (staging, price, approach, condition, environment) is the key to...
2023-01-1923 min
Chicago Real Estate PerspectiveDave Nimick: 2023 Home Seller's GuideIn this episode, Dave discusses:What creates urgency and how that plays into the market. Supply, demand, and the best and worst months to list. The current 2023 stats and their comparison to 2021 and 2022 in the same time frame. What to look for in your agent. Key Takeaways:This is not the year to be ambivalent. Decide now if you plan to move or not and stick to that plan. A balanced market means there is a balance between the supply available and the demand for homes. SPACE (staging, price, approach, condition, environment) is the key to...
2023-01-1923 min
Chicago Real Estate PerspectiveDave Nimick: 2023 HomeBuyer’s GuideIn this episode, Dave discusses:Be prepared - understand what you need to know going into buying your home.Pre-Approval process and knowing your finances. Choosing the right agent and not settling for less. Understanding and prioritizing your needs (“deal killers”) versus your wants (“nice-to-haves”). Key Takeaways:The normal contract-to-close period is about 45 days. Allow 3-4 months, roughly, for your home search.It is always best to meet an agent through a personal referral. You must be able to trust them beyond the shadow of a doubt. Keep your needs to about 2 or 3 that you are not w...
2023-01-1224 min
Chicago Real Estate PerspectiveDave Nimick: 2023 HomeBuyer’s GuideIn this episode, Dave discusses:Be prepared - understand what you need to know going into buying your home.Pre-Approval process and knowing your finances. Choosing the right agent and not settling for less. Understanding and prioritizing your needs (“deal killers”) versus your wants (“nice-to-haves”). Key Takeaways:The normal contract-to-close period is about 45 days. Allow 3-4 months, roughly, for your home search.It is always best to meet an agent through a personal referral. You must be able to trust them beyond the shadow of a doubt. Keep your needs to about 2 or 3 that you are not w...
2023-01-1224 min
Chicago Real Estate PerspectiveDave Nimick: 2023 PredictionsIn this episode, Dave discusses:Why 2022 was such a unique year. What’s currently happening in the real estate industry. Inflation and interest rates. Expectations and predictions for 2023. Key Takeaways:2022 was a time when a stratospheric market came back to earth.Following a record-breaking year like 2021, some numbers are destined to decline to some extent. That doesn’t mean it’s a horrible market, however.In 2022, a lot of layoffs did happen throughout real estate related businesses. Many companies hired expecting another year like 2021, which did not happen. The interest rates doubled from the beginning of...
2023-01-0514 min
Chicago Real Estate PerspectiveDave Nimick: 2023 PredictionsIn this episode, Dave discusses:Why 2022 was such a unique year. What’s currently happening in the real estate industry. Inflation and interest rates. Expectations and predictions for 2023. Key Takeaways:2022 was a time when a stratospheric market came back to earth.Following a record-breaking year like 2021, some numbers are destined to decline to some extent. That doesn’t mean it’s a horrible market, however.In 2022, a lot of layoffs did happen throughout real estate related businesses. Many companies hired expecting another year like 2021, which did not happen. The interest rates doubled from the beginning of...
2023-01-0514 min
Chicago Real Estate PerspectiveTurning the Tables on Dave NimickIn this episode, Dave and Doug discuss:How Dave got into real estate in the beginning and why he chose to enter the real estate business.A good agent versus a great agent. Communication, changing technology, and the evolution of real estate. The changing rates and home affordability. Key Takeaways:The ability to interpret the market and effectively communicate what they are seeing is what separates a good agent from an exemplary agent. You need to be able to clearly explain what you are seeing and why your thoughts are what they are. Whenever possib...
2022-12-1521 min
Chicago Real Estate PerspectiveTurning the Tables on Dave NimickIn this episode, Dave and Doug discuss:How Dave got into real estate in the beginning and why he chose to enter the real estate business.A good agent versus a great agent. Communication, changing technology, and the evolution of real estate. The changing rates and home affordability. Key Takeaways:The ability to interpret the market and effectively communicate what they are seeing is what separates a good agent from an exemplary agent. You need to be able to clearly explain what you are seeing and why your thoughts are what they are. Whenever possib...
2022-12-1521 min
Chicago Real Estate PerspectiveDave Nimick: The Dirty Little Secrets in Real EstateIn this episode, Dave discusses:Marketing in real estate.How much (or little) effort agents put into valuing a property for clientsDo digital newsletters provide insights?Authentic agent/client communication.Why Open Houses exist. Key Takeaways:On its face, advertising a home is about the property. Moreso, however, it is about marketing the branding and the agent than the home. Agents often put very little time into what goes into a CMA report, relying rather on technology, then taking full credit for what is in it. Communication is important to every client and it is...
2022-12-0814 min
Chicago Real Estate PerspectiveDave Nimick: The Dirty Little Secrets in Real EstateIn this episode, Dave discusses:Marketing in real estate.How much (or little) effort agents put into valuing a property for clientsDo digital newsletters provide insights?Authentic agent/client communication.Why Open Houses exist. Key Takeaways:On its face, advertising a home is about the property. Moreso, however, it is about marketing the branding and the agent than the home. Agents often put very little time into what goes into a CMA report, relying rather on technology, then taking full credit for what is in it. Communication is important to every client and it is...
2022-12-0814 min
Chicago Real Estate PerspectiveDave Nimick: 2023 Real Estate Predictions - What NOT to BelieveIn this episode, Dave discusses:What to believe and what not to believe in the rumors of the 2023 housing market. Concerns and realities about interest rates. Why 2020 and 2021 were an anomaly, and a realistic look at 2022. Key Takeaways:There are more differences than similarities between the current housing situation and the housing crisis of 2008.While the current interest rates have climbed markedly this year, they are still well below the historical average interest rate. On the whole, we will likely have a fairly balanced market going into the next year, though this can vary depen...
2022-12-0121 min
Chicago Real Estate PerspectiveDave Nimick: 2023 Real Estate Predictions - What NOT to BelieveIn this episode, Dave discusses:What to believe and what not to believe in the rumors of the 2023 housing market. Concerns and realities about interest rates. Why 2020 and 2021 were an anomaly, and a realistic look at 2022. Key Takeaways:There are more differences than similarities between the current housing situation and the housing crisis of 2008.While the current interest rates have climbed markedly this year, they are still well below the historical average interest rate. On the whole, we will likely have a fairly balanced market going into the next year, though this can vary depen...
2022-12-0121 min
Chicago Real Estate PerspectiveDave Nimick: How to Choose an Agent When It Matters MostIn this episode, Dave discusses:Why you need to choose your agent carefully, not just based on who you know.The skills needed to be a good realtor. Ways in which you can meet a real estate agent. The good agent checklist. Key Takeaways:Most people do not take enough time to make the important financial decision of choosing the right real estate agent. How you met your agent matters A LOT. If you met them through referral, through someone who you trust, they have already proven themselves. Open houses exist so that agents can me...
2022-11-1719 min
Chicago Real Estate PerspectiveDave Nimick: How to Choose an Agent When It Matters MostIn this episode, Dave discusses:Why you need to choose your agent carefully, not just based on who you know.The skills needed to be a good realtor. Ways in which you can meet a real estate agent. The good agent checklist. Key Takeaways:Most people do not take enough time to make the important financial decision of choosing the right real estate agent. How you met your agent matters A LOT. If you met them through referral, through someone who you trust, they have already proven themselves. Open houses exist so that agents can me...
2022-11-1719 min
Chicago Real Estate PerspectiveDave Nimick: Making Sense of This MarketIn this episode, Dave discusses:The uncertainty in real estate. Making sense of the current market. The difference between 2021 and 2022 in the real estate market. Historical interest rates. Key Takeaways:2021 is the gold standard for real estate. In 2022, the interest rates have more than doubled, which has never happened before. The sky is not falling, but we are settling back into the norm after a record-breaking 2021. The worst of times was 1981, interest rates were above 18%. We are currently about 7%, which is below the historical average rate. Down markets bring upside opportunities. "You don’t...
2022-11-1009 min
Chicago Real Estate PerspectiveDave Nimick: Making Sense of This MarketIn this episode, Dave discusses:The uncertainty in real estate. Making sense of the current market. The difference between 2021 and 2022 in the real estate market. Historical interest rates. Key Takeaways:2021 is the gold standard for real estate. In 2022, the interest rates have more than doubled, which has never happened before. The sky is not falling, but we are settling back into the norm after a record-breaking 2021. The worst of times was 1981, interest rates were above 18%. We are currently about 7%, which is below the historical average rate. Down markets bring upside opportunities. "You don’t...
2022-11-1009 min
Chicago Real Estate PerspectiveGeorge Kontos: Maximizing Your Streaming While Minimizing CostsIn this episode, Dave and George discuss:How George got started helping people cut the cord and built Marshmallow Streaming.Misconceptions people have about the internet and streaming services.Determining what internet speed you actually need.Why fiber and 5G internet are changing the at-home internet game. Key Takeaways:Switching to streaming does not necessarily mean losing local channels, sports games, or DVR capabilities.What each home and individuals want from their streaming services can vary widely.A lot of people don’t know what their current internet speed is or if it is act...
2022-10-2733 min
Chicago Real Estate PerspectiveGeorge Kontos: Maximizing Your Streaming While Minimizing CostsIn this episode, Dave and George discuss:How George got started helping people cut the cord and built Marshmallow Streaming.Misconceptions people have about the internet and streaming services.Determining what internet speed you actually need.Why fiber and 5G internet are changing the at-home internet game. Key Takeaways:Switching to streaming does not necessarily mean losing local channels, sports games, or DVR capabilities.What each home and individuals want from their streaming services can vary widely.A lot of people don’t know what their current internet speed is or if it is act...
2022-10-2733 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate as Part of Your Wealth-Building PlanIn this episode, Dave discusses:The upsides and downsides of real estate as an investment.Similarities and differences between real estate versus stocks.Landlord best practices.Mindset of owning real estate investment property. Key Takeaways:Owning real estate helps to diversify your portfolio. The longer you own a property, the more likely you are to see huge appreciation and greater passive income. Real estate is a tangible entity in a way that stocks are not. If a landlord keeps a property well maintained, the tenants will typically follow suit. "You cannot live w...
2022-10-2019 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate as Part of Your Wealth-Building PlanIn this episode, Dave discusses:The upsides and downsides of real estate as an investment.Similarities and differences between real estate versus stocks.Landlord best practices.Mindset of owning real estate investment property. Key Takeaways:Owning real estate helps to diversify your portfolio. The longer you own a property, the more likely you are to see huge appreciation and greater passive income. Real estate is a tangible entity in a way that stocks are not. If a landlord keeps a property well maintained, the tenants will typically follow suit. "You cannot live w...
2022-10-2019 min
Chicago Real Estate PerspectiveJohn Baethke: Talkin' to the Pros: PlumberIn this episode, Dave and John discuss:John’s professional journey to accumulating 35+ years in the plumbing industry. The changing reputation of those in plumbing and other trade jobs.Differentiating yourself from the competition at the beginning. Red flags surrounding permits, licensure, and insurance. Key Takeaways:The trades have, previously, had a bad reputation as employing lesser-educated individuals. This is changing. Having highly trained individuals sets their team apart from other companies. You want to be able to give your client the option to choose, not make the decision for them. Pricing done over the phone...
2022-10-1319 min
Chicago Real Estate PerspectiveJohn Baethke: Talkin' to the Pros: PlumberIn this episode, Dave and John discuss:John’s professional journey to accumulating 35+ years in the plumbing industry. The changing reputation of those in plumbing and other trade jobs.Differentiating yourself from the competition at the beginning. Red flags surrounding permits, licensure, and insurance. Key Takeaways:The trades have, previously, had a bad reputation as employing lesser-educated individuals. This is changing. Having highly trained individuals sets their team apart from other companies. You want to be able to give your client the option to choose, not make the decision for them. Pricing done over the phone...
2022-10-1319 min
Chicago Real Estate PerspectiveDave Nimick: What Happens to Real Estate in a Recession?In this episode, Dave discusses:The relationship between recessions and real estate.What a recession is and the stages of a recession. Reasons for a recession. A historical look at real estate in past recessions. Key Takeaways:Inflation tends to be a big cause of recessions, which we are seeing right now. In a recession, buyer demand almost always falls.Unlike in the past, there is likely a lower supply of homes due to fewer new construction homes.Potential sellers who bought/refinanced with lower interest rates may be more inclined to stay in their...
2022-10-0613 min
Chicago Real Estate PerspectiveDave Nimick: What Happens to Real Estate in a Recession?In this episode, Dave discusses:The relationship between recessions and real estate.What a recession is and the stages of a recession. Reasons for a recession. A historical look at real estate in past recessions. Key Takeaways:Inflation tends to be a big cause of recessions, which we are seeing right now. In a recession, buyer demand almost always falls.Unlike in the past, there is likely a lower supply of homes due to fewer new construction homes.Potential sellers who bought/refinanced with lower interest rates may be more inclined to stay in their...
2022-10-0613 min
Chicago Real Estate PerspectiveCurt Kessler: Buyer-Friendly Financing Options When Rates Are RisingIn this episode, Dave and Curt discuss:Buying when it is right for you, not just when it’s a buyer’s market. What the current interest rates mean for you. Seller buy-downs, 2-1 buy-down mortgages, and assumable mortgages. Why you should talk to a mortgage specialist. Key Takeaways:The interest rate on rent is ALWAYS 100%. Loans are underwritten based on what you can currently afford and the process is more stringent than it was back before 2008.There are more lending options available than most people are aware of. Do not buy a boat (or finance...
2022-09-2926 min
Chicago Real Estate PerspectiveCurt Kessler: Buyer-Friendly Financing Options When Rates Are RisingIn this episode, Dave and Curt discuss:Buying when it is right for you, not just when it’s a buyer’s market. What the current interest rates mean for you. Seller buy-downs, 2-1 buy-down mortgages, and assumable mortgages. Why you should talk to a mortgage specialist. Key Takeaways:The interest rate on rent is ALWAYS 100%. Loans are underwritten based on what you can currently afford and the process is more stringent than it was back before 2008.There are more lending options available than most people are aware of. Do not buy a boat (or finance...
2022-09-2926 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate Apps ... What to KnowIn this episode, Dave discusses:The four big real estate apps rated by aesthetic, reliability, search parameters, evaluation tools, and accuracy of information. Benefits and drawbacks of each of the different real estate apps. Comparing Zillow, Redfin, Trulia, and Realtor.com.The evolution of the smaller brokerage apps. Key Takeaways:If you schedule a tour through a real estate app, it will most likely be with an agent paying to be a featured agent rather than the listing agent. Zillow is the most visited site of the real estate sites. Make note: they are a mar...
2022-09-2221 min
Chicago Real Estate PerspectiveDave Nimick: Real Estate Apps ... What to KnowIn this episode, Dave discusses:The four big real estate apps rated by aesthetic, reliability, search parameters, evaluation tools, and accuracy of information. Benefits and drawbacks of each of the different real estate apps. Comparing Zillow, Redfin, Trulia, and Realtor.com.The evolution of the smaller brokerage apps. Key Takeaways:If you schedule a tour through a real estate app, it will most likely be with an agent paying to be a featured agent rather than the listing agent. Zillow is the most visited site of the real estate sites. Make note: they are a mar...
2022-09-2221 min
Chicago Real Estate PerspectiveSean Buino: Q&A - Best Home Improvement ROIsIn this episode, Dave and Sean discuss:Growing up in a hardware store and the transition from a handyman to a construction business. Enjoying the improvement, not just improving to sell. The typical timeline of a bathroom or kitchen remodel. The best ROI return for a planned sale within two years. Key Takeaways:Construction is, first and foremost, a people business. The project only works if it is great for the homeowner. For many people, their home is their largest asset. Like an asset, you want to make sure to take care of it and do...
2022-09-1536 min
Chicago Real Estate PerspectiveSean Buino: Q&A - Best Home Improvement ROIsIn this episode, Dave and Sean discuss:Growing up in a hardware store and the transition from a handyman to a construction business. Enjoying the improvement, not just improving to sell. The typical timeline of a bathroom or kitchen remodel. The best ROI return for a planned sale within two years. Key Takeaways:Construction is, first and foremost, a people business. The project only works if it is great for the homeowner. For many people, their home is their largest asset. Like an asset, you want to make sure to take care of it and do...
2022-09-1536 min
Chicago Real Estate PerspectiveDave Nimick: The Best Time to SellIn this episode, Dave discusses:The surprising information regarding when to put your home on the market. All 12 months (ranked in order, worst to best) regarding when to list.When to sell by quarter. Regardless of the month, what’s going in your life should drive your decision. Key Takeaways:It is impossible to identify and track the number of ready, able, and willing buyers. Surprisingly, the late fall is quite a good time to list a home. There’s not as much competition, and the buyers looking at that time tend to be very ser...
2022-09-0813 min
Chicago Real Estate PerspectiveDave Nimick: The Best Time to SellIn this episode, Dave discusses:The surprising information regarding when to put your home on the market. All 12 months (ranked in order, worst to best) regarding when to list.When to sell by quarter. Regardless of the month, what’s going in your life should drive your decision. Key Takeaways:It is impossible to identify and track the number of ready, able, and willing buyers. Surprisingly, the late fall is quite a good time to list a home. There’s not as much competition, and the buyers looking at that time tend to be very ser...
2022-09-0813 min
Chicago Real Estate PerspectiveMax Ieuter: Insurance and Real EstateIn this episode, Dave and Max discuss:An insurance agent’s need to understand what makes people tick. Benefits of working with an independent insurance agency. The value of persistence. Key Takeaways:When someone is talking about an insurance need, they are talking about a part of their life that is valuable and they want to protect. This is very personal to each individual. There is more to the value of a policy than just what you are spending on it. The landscape of insurance is always changing. Look for a proactive insurance agency who can...
2022-09-0131 min
Chicago Real Estate PerspectiveMax Ieuter: Insurance and Real EstateIn this episode, Dave and Max discuss:An insurance agent’s need to understand what makes people tick. Benefits of working with an independent insurance agency. The value of persistence. Key Takeaways:When someone is talking about an insurance need, they are talking about a part of their life that is valuable and they want to protect. This is very personal to each individual. There is more to the value of a policy than just what you are spending on it. The landscape of insurance is always changing. Look for a proactive insurance agency who can...
2022-09-0131 min
Chicago Real Estate PerspectiveRoss Neag: What to Know: Condo & Building InspectionsIn this episode, Dave and Ross discuss:Ross’s professional journey, starting in 1998. What is checked for on all inspections. Working within HOA (Homeowner Association) guidelines and understanding your rights and responsibilities. Reserve studies and special assessments. Key Takeaways:Inspectors cannot tell you whether or not to buy, but should give you the information that will help you make the most educated decision possible.You need to understand what you legally own (for condo owners) and are in charge of, as it can vary from building to building. The taller you go on the building...
2022-08-1849 min
Chicago Real Estate PerspectiveRoss Neag: What to Know: Condo & Building InspectionsIn this episode, Dave and Ross discuss:Ross’s professional journey, starting in 1998. What is checked for on all inspections. Working within HOA (Homeowner Association) guidelines and understanding your rights and responsibilities. Reserve studies and special assessments. Key Takeaways:Inspectors cannot tell you whether or not to buy, but should give you the information that will help you make the most educated decision possible.You need to understand what you legally own (for condo owners) and are in charge of, as it can vary from building to building. The taller you go on the building...
2022-08-1849 min
Chicago Real Estate PerspectiveDave Nimick: Did I Miss the Market?In this episode, Dave discusses:What it means to miss the market.The psychology behind it. How to avoid missing the market. How to learn from the market as a whole. Key Takeaways:The market is always changing and those changes aren’t always visible. The fear of missing out is natural. It is often the driving emotion behind the decisions people make. Make the decision that is best for you at that time, as you do not know what the market is going to do next. Bottom line: Do your own thing, on your own...
2022-08-1118 min
Chicago Real Estate PerspectiveDave Nimick: Did I Miss the Market?In this episode, Dave discusses:What it means to miss the market.The psychology behind it. How to avoid missing the market. How to learn from the market as a whole. Key Takeaways:The market is always changing and those changes aren’t always visible. The fear of missing out is natural. It is often the driving emotion behind the decisions people make. Make the decision that is best for you at that time, as you do not know what the market is going to do next. Bottom line: Do your own thing, on your own...
2022-08-1118 min
Chicago Real Estate PerspectiveShameen Thakrar: The Contract to Close ProcessIn this episode, Dave and Shameen discuss:States that use attorneys vs. non-attorney states in the real estate process.The importance of understanding the contract-to-close process, regardless of how many times you may have bought or sold a home.The tricky property taxes that come into play during the real estate transaction.Negotiating power, contractual language, and important steps throughout the legal aspects of the transaction. Key Takeaways:Attorneys may be brought in before the contract is executed if there are complex matters that need attention, but generally are not.In IL, taxes for a...
2022-08-0449 min
Chicago Real Estate PerspectiveShameen Thakrar: The Contract to Close ProcessIn this episode, Dave and Shameen discuss:States that use attorneys vs. non-attorney states in the real estate process.The importance of understanding the contract-to-close process, regardless of how many times you may have bought or sold a home.The tricky property taxes that come into play during the real estate transaction.Negotiating power, contractual language, and important steps throughout the legal aspects of the transaction. Key Takeaways:Attorneys may be brought in before the contract is executed if there are complex matters that need attention, but generally are not.In IL, taxes for a...
2022-08-0449 min
Chicago Real Estate PerspectiveDave Nimick: The Art of Real Estate NegotiatingIn this episode, Dave discusses:The tools an agent needs to have in their toolbox.Negotiating based on factual information, not feelings and emotions.Understanding where the line in the sand is for clarity and strength of negotiating.Structuring the best possible negotiation strategy. Key Takeaways:Negotiations will always include a “risk/reward” scenario.Agents should provide their clients with full information up front to prevent unnecessary surprises throughout the negotiation process.The number one enemy for sellers is market time.The first offer is usually the best offer (provided it is a genuine offer...
2022-07-2822 min
Chicago Real Estate PerspectiveDave Nimick: The Art of Real Estate NegotiatingIn this episode, Dave discusses:The tools an agent needs to have in their toolbox.Negotiating based on factual information, not feelings and emotions.Understanding where the line in the sand is for clarity and strength of negotiating.Structuring the best possible negotiation strategy. Key Takeaways:Negotiations will always include a “risk/reward” scenario.Agents should provide their clients with full information up front to prevent unnecessary surprises throughout the negotiation process.The number one enemy for sellers is market time.The first offer is usually the best offer (provided it is a genuine offer...
2022-07-2822 min
Chicago Real Estate PerspectiveDave Nimick: Comps & Real EstateIn this episode, Dave discusses:How comps function in real estate transactions. What a realtor’s job is in understanding real estate information. The things to look for in the best comps. The importance of spending time on analysis. Key Takeaways:Comps are the evidence put together to get the best, most accurate current value of your home. Realtors can help you to understand what your home will sell for in the near future based on market evidence. Appraisers look more from a rearview mirror view.Online estimates are not always the most accurate. They are...
2022-07-2129 min
Chicago Real Estate PerspectiveDave Nimick: Comps & Real EstateIn this episode, Dave discusses:How comps function in real estate transactions. What a realtor’s job is in understanding real estate information. The things to look for in the best comps. The importance of spending time on analysis. Key Takeaways:Comps are the evidence put together to get the best, most accurate current value of your home. Realtors can help you to understand what your home will sell for in the near future based on market evidence. Appraisers look more from a rearview mirror view.Online estimates are not always the most accurate. They are...
2022-07-2129 minChicago Real Estate PerspectiveTom Merritt: Mortgage Do's and Don'tsIn this episode, Dave and Tom discuss:What the preapproval letter does (and what it doesn’t do).Having a cohesive team behind your purchase. Ways you can sabotage your own closing. Why communication is so important throughout the loan process. Key Takeaways:Communication is the key to everything in life, but especially in mortgages and closings. Stay in contact with your lender. Let them know as soon as you go under contract. Third party items (such as the inspection or appraisal) are important to get scheduled right away as that is outside the control...
2022-07-0739 minChicago Real Estate PerspectiveTom Merritt: Mortgage Do's and Don'tsIn this episode, Dave and Tom discuss:What the preapproval letter does (and what it doesn’t do).Having a cohesive team behind your purchase. Ways you can sabotage your own closing. Why communication is so important throughout the loan process. Key Takeaways:Communication is the key to everything in life, but especially in mortgages and closings. Stay in contact with your lender. Let them know as soon as you go under contract. Third party items (such as the inspection or appraisal) are important to get scheduled right away as that is outside the control...
2022-07-0739 minChicago Real Estate PerspectiveDave Nimick: What Sells Homes and What Doesn'tIn this episode, Dave discusses:What sells homes online and in person. How your real estate agent (or their team) presents themselves. Arguments for and against listing agents being at a showing.Staging and the instant impressions that it gives to buyers.What to look for in an agent. Key Takeaways:It takes 7-10 seconds online for people to decide if the home is worth going to see it in person. Agents advertise themselves in magazines and on social media. They do this to brand themselves, not the home they’re supposedly advertising.An agent’s...
2022-06-3034 minChicago Real Estate PerspectiveDave Nimick: What Sells Homes and What Doesn'tIn this episode, Dave discusses:What sells homes online and in person. How your real estate agent (or their team) presents themselves. Arguments for and against listing agents being at a showing.Staging and the instant impressions that it gives to buyers.What to look for in an agent. Key Takeaways:It takes 7-10 seconds online for people to decide if the home is worth going to see it in person. Agents advertise themselves in magazines and on social media. They do this to brand themselves, not the home they’re supposedly advertising.An agent’s...
2022-06-3034 minChicago Real Estate PerspectiveDave Nimick: Pocket Listings - Are They Worth It?In this episode, Dave discusses:What pocket listings are and why they are popular. Who benefits from pocket listings. How pocket listings can differ from a listing on the MLS. Examples of successful pocket listings. Key Takeaways:Pocket listings are private listings of property, outside of the MLS. Pocket listings are popular because of perceived exclusivity. There can be benefits to pocket listings in the right situations. Generally, in almost all cases, it is better to list in the MLS. "My answer to the reasons to do a private listing are when there...
2022-06-2320 minChicago Real Estate PerspectiveDave Nimick: Pocket Listings - Are They Worth It?In this episode, Dave discusses:What pocket listings are and why they are popular. Who benefits from pocket listings. How pocket listings can differ from a listing on the MLS. Examples of successful pocket listings. Key Takeaways:Pocket listings are private listings of property, outside of the MLS. Pocket listings are popular because of perceived exclusivity. There can be benefits to pocket listings in the right situations. Generally, in almost all cases, it is better to list in the MLS. "My answer to the reasons to do a private listing are when there...
2022-06-2320 minChicago Real Estate PerspectiveDave Nimick: Worth Risking Your Friendship?In this episode, Dave discusses:How to make the right choice in which Realtor to work with. The way most people choose the agent they work with. Why you know so many realtors. The many benefits of being straightforward in your conversations with agents you’re considering working with. Key Takeaways:There is no shortage of finding agents that you know.Real estate is a business decision, and business decisions can go south. You need to understand your risks, as both your relationship AND your finances could be negatively affected by making the wrong choice...
2022-06-1625 minChicago Real Estate PerspectiveDave Nimick: Worth Risking Your Friendship?In this episode, Dave discusses:How to make the right choice in which Realtor to work with. The way most people choose the agent they work with. Why you know so many realtors. The many benefits of being straightforward in your conversations with agents you’re considering working with. Key Takeaways:There is no shortage of finding agents that you know.Real estate is a business decision, and business decisions can go south. You need to understand your risks, as both your relationship AND your finances could be negatively affected by making the wrong choice...
2022-06-1625 minChicago Real Estate PerspectiveDave Nimick: Are We Heading for Another Crash?In this episode, Dave discusses:Similarities between current and 2005-2008. Differences between now and the mortgage meltdown era.Dave’s predictions of what is going to happen in the next couple of years. What factors are important in real estate predictions. Key Takeaways:Appreciation has been greater over the last few years than ever before.The underwriting process of mortgages has changed dramatically. Banks on the whole are a lot more responsible than they were before. Average home owner equity is more than double what it was before the mortgage meltdown. It is currently the hig...
2022-06-0820 minChicago Real Estate PerspectiveDave Nimick: Are We Heading for Another Crash?In this episode, Dave discusses:Similarities between current and 2005-2008. Differences between now and the mortgage meltdown era.Dave’s predictions of what is going to happen in the next couple of years. What factors are important in real estate predictions. Key Takeaways:Appreciation has been greater over the last few years than ever before.The underwriting process of mortgages has changed dramatically. Banks on the whole are a lot more responsible than they were before. Average home owner equity is more than double what it was before the mortgage meltdown. It is currently the hig...
2022-06-0820 minChicago Real Estate PerspectiveJonathan Aven: Fraud in Real EstateIn this episode, Dave and Jonathan discuss:The evolution of fraud in real estate and how it has changed through the years.Protecting yourself from wire fraud.What title fraud is and how it has become more prevalent over the last 5 years.Having a little paranoia to protect your money in real estate transactions. Key Takeaways:If you catch fraud, the key is to catch it as quickly as possible before it leaves the US.The first step is to protect yourself from falling for fraudulent emails. With title fraud, people tend to focus on...
2022-05-2532 minChicago Real Estate PerspectiveJonathan Aven: Fraud in Real EstateIn this episode, Dave and Jonathan discuss:The evolution of fraud in real estate and how it has changed through the years.Protecting yourself from wire fraud.What title fraud is and how it has become more prevalent over the last 5 years.Having a little paranoia to protect your money in real estate transactions. Key Takeaways:If you catch fraud, the key is to catch it as quickly as possible before it leaves the US.The first step is to protect yourself from falling for fraudulent emails. With title fraud, people tend to focus on...
2022-05-2532 minChicago Real Estate PerspectiveDave Nimick: Is it overpaying if...?In this episode, Dave discusses:When buyers tend to think about having overpaid for their home. Making the smartest decision that you can at the time you are making it in order to prevent buyer’s remorse. How the market defines what a home is worth. Identifying what overpaying means to you. Key Takeaways:The only two constants in real estate are that sellers want to sell for the most money, and buyers want to pay the lowest amount possible for a home. The market will have ups and downs, so be comfortable with your buy...
2022-05-1919 minChicago Real Estate PerspectiveDave Nimick: Is it overpaying if...?In this episode, Dave discusses:When buyers tend to think about having overpaid for their home. Making the smartest decision that you can at the time you are making it in order to prevent buyer’s remorse. How the market defines what a home is worth. Identifying what overpaying means to you. Key Takeaways:The only two constants in real estate are that sellers want to sell for the most money, and buyers want to pay the lowest amount possible for a home. The market will have ups and downs, so be comfortable with your buy...
2022-05-1919 minChicago Real Estate PerspectiveDave Nimick: The Signs of Change in Real EstateIn this episode, Dave discusses:Understanding if it is a good or bad real estate market. Your real estate timeline. Making the right decision for you, even without knowing the future of the market. The changing nature of the real estate market and how to spot those changes. Key Takeaways:Nobody wants to be on the wrong side of the market after the market changes. It is totally normal to be considering the good and the bad of your decisions and have questions about the market. Be prepared for whatever may happen after you make a...
2022-05-1219 minChicago Real Estate PerspectiveMarc Churchill: Why Should You get Pre-Approved for a MortgageIn this episode, Dave and Marc discuss:What it means to get pre-approved for a mortgage. The steps involved in the pre-approval process and how long it takes. Questions you should be asking your mortgage lender. Managing expectations as a mortgage lender. Key Takeaways:A pre-approval is a much more detailed analysis of a buyer’s qualifications than a pre-qualification. In order to be a well-prepared buyer who wants their offer taken seriously, a full “Pre-approval” is highly recommended.The pre-approval process can be done quickly, and the documentation may vary depending on the technology...
2022-05-1229 minChicago Real Estate PerspectiveDave Nimick: The Signs of Change in Real EstateIn this episode, Dave discusses:Understanding if it is a good or bad real estate market. Your real estate timeline. Making the right decision for you, even without knowing the future of the market. The changing nature of the real estate market and how to spot those changes. Key Takeaways:Nobody wants to be on the wrong side of the market after the market changes. It is totally normal to be considering the good and the bad of your decisions and have questions about the market. Be prepared for whatever may happen after you make a...
2022-05-1219 minChicago Real Estate PerspectiveMarc Churchill: Why Should You get Pre-Approved for a MortgageIn this episode, Dave and Marc discuss:What it means to get pre-approved for a mortgage. The steps involved in the pre-approval process and how long it takes. Questions you should be asking your mortgage lender. Managing expectations as a mortgage lender. Key Takeaways:A pre-approval is a much more detailed analysis of a buyer’s qualifications than a pre-qualification. In order to be a well-prepared buyer who wants their offer taken seriously, a full “Pre-approval” is highly recommended.The pre-approval process can be done quickly, and the documentation may vary depending on the technology...
2022-05-1229 minChicago Real Estate PerspectiveSelling? Think SPACEIn this episode, Dave discusses:How the acronym S.P.A.C.E. can help you prepare your home for selling. How buyers will be looking in your home. Tips for maximizing the value of your home before going on the market. Controlling everything you can in the environment of the home. Key Takeaways:As the seller, you do have control over the selling processes and getting your home ready for sale. When you get a home looking its best, it will sell for the most that any particular market will bear. Take a look at...
2022-05-1230 minChicago Real Estate PerspectiveSelling? Think SPACEIn this episode, Dave discusses:How the acronym S.P.A.C.E. can help you prepare your home for selling. How buyers will be looking in your home. Tips for maximizing the value of your home before going on the market. Controlling everything you can in the environment of the home. Key Takeaways:As the seller, you do have control over the selling processes and getting your home ready for sale. When you get a home looking its best, it will sell for the most that any particular market will bear. Take a look at...
2022-05-1230 minChicago Real Estate PerspectiveWelcome to Putting the REAL in Real Estate!Welcome to Putting the REAL in Real Estate! Real estate is a topic that is important to everyone, for many reasons. Each week, join Dave Nimick as he cuts through all the noise to deliver you the unfiltered truth about residential real estate. Whether you’re a homeowner, a renter, actively in the market, or just enjoy keeping up to date with what’s going on - If you want to know the difference between the fluff and the reality in real estate, this is the podcast for you. "Real estate is not about sales - it's about...
2022-05-1108 minChicago Real Estate PerspectiveWelcome to Putting the REAL in Real Estate!Welcome to Putting the REAL in Real Estate! Real estate is a topic that is important to everyone, for many reasons. Each week, join Dave Nimick as he cuts through all the noise to deliver you the unfiltered truth about residential real estate. Whether you’re a homeowner, a renter, actively in the market, or just enjoy keeping up to date with what’s going on - If you want to know the difference between the fluff and the reality in real estate, this is the podcast for you. "Real estate is not about sales - it's about...
2022-05-1108 min