[7] Appraisal Gap: WTF

Interest rates are high, but inventory is low, so what’s actually happening out there? In this episode we talk about who is actually moving out there and how buyers are finding success with seller concessions to buy-down their interest rate, and more.

To get the most helpful real estate updates follow on IG @solbymarco

🎙Find episode [28] of the podcast: Sold By Marco on Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 🤘🏼

“With interest rates being so high, is anyone even buying houses right now?”

That is the number one question I’m hearing these days. So what does this mean for home owners? Sellers? Buyers? In this episode, we will get into all of that and more. I hope you find this podcast helpful.

To get the most helpful real estate updates follow on IG @solbymarco

🎙Find episode [27] of the podcast: Sold By Marco on Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 🤘🏼

Renters often feel “locked” into their lease. 

But what if I could tell you a way that you could get a *seller to pay your *landlord to get *you out of your lease? 

Sounds too good to be true? 

In this short episode I'm going to give you clarity on your options to break your lease for free.

🎙Find episode [26] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 🤘🏼

Have you ever seen a home online and wondered WHY it was “Back On Market?”

In this episode, we’re going to talk about exactly what it means when a home falls out of contract and goes back to the market, how you can find out what happened to that home, and then you will know if that home is a good opportunity or if you should be running for the hills.

🎙Find episode [25] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 🤘🏼

For home buyers, this episode has some very practical advice about how to approach making an offer depending on which of the top 2 scenarios you are in. 

#1: First weekend on the market: Anything can happen and a very careful and intelligent approach is necessary if you want a shot at getting that home. The market has slowed, but there are still way more buyers than sellers and it could be competitive. 

#2: NOT the first weekend on the market: If the home is still active by Wednesday after the first weekend… the game has CHANGED. You are not competing with other buyers - and that is a big deal. The more time goes by…the longer that home sits on the market without offers…. The more leverage you have to negotiate. 

Wrapping Up: You need to be working very closely with your realtor so that they can help you evaluate the situation when you find the right home. That way, you know what to expect and what you’re up against. Then you can make a confident decision.

🎙Find episode [24] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 🤘🏼

Are we in a recession? Is the housing market in Colorado going to collapse? Is all of my hard earned equity going to go down the tubes?

These are questions that we address in this episode. Find the articles listed below for more information. Technically, we are in a recession but it doesn’t super feel like it. In part because the limited housing supply is keeping the demand strong, and also because unemployment has reached a 50 year low at 3.5%.

So is there a storm coming? Housing values are predicted to continue to rise, but they’re very likely not to go up at the same pace they have been. Only time will tell, but generally speaking real estate is a long game. Holding on to your assets is a great way to build long term wealth.

Most Americans Think We’re In A Recession https://www.newsweek.com/us-recession-american-poll-economy-1724222

Amount of New Home Sales Are Lower Than Predicted https://www.housingwire.com/articles/new-home-sales-make-it-clear-housing-is-in-a-recession/

Homeowners Equity Position https://www.attomdata.com/news/market-trends/home-sales-prices/attom-q1-2022-u-s-home-equity-and-underwater-report/

Markets Most Vulnerable in a Recession https://www.redfin.com/news/metros-recession-risk-housing-downturn-2022/

Find episode [23] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

How much money does an Airbnb actually make? I am joined by Lizzie Randazzo fo this episode as we outline the process of getting an Airbnb up and running and how much it actually makes. If you are curious about how to get a short term rental - what it will cost to get it, how to approach furniture and marketing and pricing and more - then this is the episode for you! I hope you find it helpful.

Thank you for subscribing to the show, giving it a thumbs up, and sharing it with a friend.

🎙Find episode [22] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569

Produced by: Super Team Media 

Episode links:

Our Airbnb

https://www.airbnb.com/rooms/51838323?source_impression_id=p3_1658249960_GxbokPS0PwTyRbdd

If you are setting up a New Airbnb Host Account, use this link for a discount. This helps support our Airbnb account also!

https://www.airbnb.com/r/lizzier228?s=6&t=061n0g

Short Term Rental License Info: City of Arvada

https://arvada.org/business/business-licensing-resources/short-term-rental

AirDNA - helpful data in your area

https://www.airdna.co/

PriceLabs - Dynamic Pricing Tool

https://hello.pricelabs.co/

Is the housing market crashing? Am I losing the equity in my home as prices drop? What the hell is happening right now?! These are all great questions and in this episode Sergio and I have a conversation around what is actually happening in the real estate market. 

🎙Find episode [21] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569  

Do you live in northwest Arvada or are you curious to know what it will cost to live here? In this episode I will talk about several neighborhoods in the northwest Arvada area. We will look at recent activity and median price points for the different neighborhoods as well as some fun facts about what is happening here in this amazing area where I live!

Find episode [20] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569  

Super Team Media 🤘🏼

What is a rent-back and how do they work? If you have not heard of a PCOA (post-closing occupancy agreement) or if you need more clarity on what they are, how they work, and why they're important, this episode will clear it all up for you. If you are going to be a seller or a buyer in the future, it is important that you fully understand the PCOA.

Find episode [19] of the podcast: Sold By Marco on YouTube, Spotify, iTunes, or wherever you get your podcasts.

Marco Randazzo - 8z Real Estate

marco.randazzo@8z.com  //  407-721-1569  

Super Team Media 🤘🏼