Lance Mohr & Team

Tampa2Enjoy.com

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Lance Mohr & Team

Tampa2Enjoy.com

(813) 317-4009

florida

How To Hire A Great Home Inspector

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One of the biggest mistakes home buyers makes when they hire a home inspection to inspect their home is thinking all inspectors are the same. This is a HUGE mistake that can cost your thousands of dollars. Watch this video to get some great home inspection tips so your hire a GREAT home inspector. Not all inspectors are the same. You have to do your due diligence to make sure you are hiring the right inspector for the task. This video will help you.

Transcription

Hi everyone. It’s your Tampa Bay Realtor Lance Mohr and in this videos, I want to talk about how to hire a great home inspector. I know this is really hard looking at buying a new home or a pre-owned home if you don’t know a home inspector but I’m going to talk about what you need to do to make sure you get a really good home inspector. That’s going to rip the home apart. That’s what I’m going to talk about in this short video.

I think when you’re buying a home, whether you’re buying a pre-owned home, whether you're buying a new home you need to get the home inspected. It doesn’t make any difference. A lot of people think while I’m buying a brand new home why do I need to get the home inspection before? Why do I need a home inspector? Well as I always say it’s a new home, it’s not a perfect home. So get a home inspector but don’t go out there and just get anybody and let me give you an example.

A while back, I had one of my clients and they hired their own home inspector and it was a 3,000 square foot home. Is about 10 years old. The inspector went out there and did the inspection in 55 minutes on a 3000 square foot home. I was shocked. I couldn’t believe it would take him a nap short of a time to do an inspection. So I was curious I asked the buyer I saw how much did you for the home inspection and he said $250 and they’re like oh well there you go.

See there are two types of inspectors in my opinion. Number one is you have the inspector that just goes out there. Tries to cram as many appointments in a day as they can. Maybe they do hour inspections or an hour and a half inspections they charge $250 or $200. They can knock out three or four of them a day and a lot of them do that. There’s a lot of those out there. That’s not what you want. You want someone you might have to pay him a little bit more money or at least fair market rate but if you want someone’ who’s going to be in there a while.

If my inspector went out to that 3000 square foot home he’d probably be there a good three and a half hours. Maybe four hours just depending. You want someone to go in to check the irrigation system. You want them up on the roof. Crawling through the attic. You want them looking at everything. The home inspector is pretty much at least in Florida they’re licensed, they’re insured, they’re bonded but you get what you what you pay for.

So I would say like my inspector he’s four hundred dollars. He would approximate let’s say $400 to $450 on a 3,000 square foot home. He would probably have been out there three and a half to four hours maybe more. I’ve talked to mine 2,500 square foot home where he’s been out there five hours before. He only does on to two inspections a day. Where this one was out there 55 minutes and it was $250.

So first off on how to hire an inspector, you get what you pay for. If the going rates about 400 dollars and you’re going to pay 300 or 200 or something like that. You got a figure you’re not going to get the most detailed inspector out there. Now the other thing I would highly recommend doing. Now but of course you might get the inspector from your real estate agent. You might get them from a family member, from a friend, from a co-worker but you want to do is ask them for an inspection report. So they should have an example inspection report that they could give you. So you could hoe detailed it is. Do they go over and above? Do they not only go through what’s on the state form but that they go through their own form? Do they take a lot of pictures that they give detailed explanations? What about the inspectors done can the selling agent call him or can you call him back.

I’m sure you can, you should be able to. Can the seller of the home call him or is it just like hey we’re one and done sorry I’m on to my next inspection unit pay for a bunch of people to be calling me. So you got to really look at it like you get what you pay for but always do your due diligence. Talk to people get an idea how long the inspector will generally be there for the inspection and get a copy of one of their inspections so you could see how detailed they are. You can see what the inspection report looks like.

I hope this video helps you. If it does and you like this video please do me a favor. Give me a thumbs up so I know that. If you have any questions. There you have anything you want to say leave them in the comments below. I’d love to hear from you. I’d do this videos for you. The home buyer and the home seller. So I hope this helps. I hope you have a wonderful day. If you are in the Tampa area and you’re looking a great aggressive agent don’t hesitate to reach out. Give me a call (813-317-4009) I would love to help you. Have a great day. For more educational real estate videos please visit my YouTube Channel.

Florida Property Taxes and Florida Homestead Advantages

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This video should clear up a lot of misunderstandings about Florida Property Taxes and the Florida Homestead advantages. I wanted to do this video on Florida property taxes, homestead benefits, and CDD fees because there is SO much misunderstands on these 3 areas. I will explain each advantage to you. Watch and let me know what you think

Transcription

Hi everyone. This is your Tampa Realtor Lance Mohr and in this video, I want to talk about Florida property taxes and more specifically the homestead in Florida. How it works the advantages of it and then how you could get more detailed information on the property taxes if you have any questions. I’m to go over all this in this short video.

People are very confused when they’re moving to Florida. They’ve never been here and don’t understand homestead of us. Don’t understand property taxes. So let me talk a little bit about our homestead law and it’s a lot different than other states. I’ve lived in California where they have the homestead. I’ve lived in Texas where they’ve had the homestead and it’s so much better in Florida.

So let me go backward from 3 to 2 to 1. The number 3 benefit of having homestead is the $50,000 exemption. Let me give you an example and how the taxes work out here. Let’s say you’re buying a home for once to say $300,000 and you witness a new home or it could be a pre-owned home and you’re looking at it. You’re trying to figure out what your property taxes are. The best thing to do is not look at what they are right now. So someone’s living in it that’s what their property taxes are and I’m going to explain a little bit more this a little later.

If you don’t want to pay any attention to theirs so you buy the home for 300,000 the best thing to do is the figure they’re going to assess you 85%. They’re going to assess you $250,000 for the home. Now it may even be more like in my cases it’s lower on many of my properties. Anyhow you’ll look at 255 and then you’ll want to take the $50,000 homestead exemption off of that. You’re basically a tax base of $255,000 then depending on what can you live in and what their millage rate is. When I say millage rate so example, Hillsborough County in Florida. The millage rates about 21. So 21 would about two point one percent. If you have a two point one percent. If you have $205,000 dollar estimate you take 2.1% that’s your taxes.

Now if you have CDD fees on top of that you’re going to have to add those in. Now keep in mind CDD Fees are included in the property tax bill. Let me repeat this because there’s a lot of confusion out there. CDD Fees which stands for Community Development District fees are included in the property tax bill. A video on CDD fees. If you’re not really sure what they are you definitely want to watch this video because pretty much all new and newer homes have them. You could watch it up here but they are included in the property tax bill. So you just need to get an estimate on what they’re going to be.

The second thing that’s really nice about our homestead law out here is that creditors can’t go after your primary residence. If something happens and you have a lawsuit and not an attorney so unique legal advice but if that does happen, creditors can’t go after your primary residence if its homestead hence years ago OJ Simpson moved to Florida why’d he moved to Florida his home protected. Anyhow, at least that’s why I think he moved to Florida. So that’s the second thing.
The number one thing that’s probably the biggest advantage is they cannot tax you over 3% of your assessed value. So if your home is worth let’s say $300,000 and you buy it and that the home prices are continuing to go up they can’t assess it for more than 3%. That’s why you never want to use what someone else’s tax base is because if their home is homesteaded and they’ve owned they’ve lived in it for many years their tax base is going to probably be very low. See it didn’t work like this other states I lived in but it’s a huge benefit for women in Florida.

Now if you want to get more information on the taxes you just need to look at the tax bill. It’s public record. I’m going to give you an example just in Hillsborough County you go to Hills tax org you do a search for the property. You put the address in there and then you just take the most recent bill and it will be in a PDF format. You open it up and you could look at it’s going to say what all the different taxes are. So it’s going to say what the school taxes are and what percentage and what’s the dollar amount then it’s going to give the phone number if you want to call someone about it and what this is really helpful for is when you’re looking at CDD Fees. If you want to get more information and you’re in a community that has CDD fee when you open it up. It will usually say calm Devon it will have the phone number and then you can just simply call the phone number talk to them.

Ask them what’s all in the CC you know what type of bond do they have in there? How long is the bond going to last? Is it 20-year bond? 30-year bond? When was it taken out? What else is in there like maintenance or if it’s a homeowners association dues that are in there. You might want to see if that’s in low homeowners association dues. Ask them if some of that’s wrapped into the CDDP. Get an idea but that’s where you go and get it.

If you have any questions don’t hesitate to give me a call (813-317-4009). If you like this video give ma thumbs up or leave a comment below. I appreciate it. I wish you the best of luck and I hope this helps you. Have a great day. Click here for more educational real estate videos.

#1 Home Builder Complaint

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This is the #1 home builder complaints I have heard over the past 20+ years from new home builder reps. Do NOT make this buyer mistake.

Please leave a comment and let me know what builder complaints you have.

Transcription
Hi everyone! This is your Tampa Bay Realtor Lance Mohr. In this video I’m going to go over the number one complaint by virtually all new homes sales representatives and why you need to know this. Where you could lose the home you and your family want. I’m going to go over that in this short video.

Now this number one complaint. I’m going to tell you. I’ve been in the business for over 20 years and I sell a ton of new homes and this complaint is told to me by virtually every new home representative I ever talked to and I don’t talk to them just on business level when I’m in their home. A lot of time they’re friends of mine. I’ll go up to dinner with them. I’ll go up to lunch with them etc. and we just talk about what problems they are having is.

What the problems the builders having and the number one complaint that they say over and over again is when he real estate agent the buyer comes into the home and the buyer finds a home they really like. A lot of time the realtor is like okay let’s go, let’s go we got four more homes to look at. We got to go at them. We have appointments. Now if you like the home. If you go into a builder with your real estate agent. You need to stay focused on what you like because if you like that home and then I’ll let’s say you walk out the door and you go to your appointments and they all turn out to be duds.

Then another buyer could actually walk in and buy the home or buy the lot you like or maybe buy one next door but it’s the same floor plan with the same elevation or maybe it has the same color scheme which means you’re not going to get that floor plan with that elevation or you’re not going to get that color scheme. So I would just tell you a real estate agent. I understand as an agent we’re on time schedule and we want to adhere to that time schedule.

That’s why a lot of times when I’m pretty much all the time when I’m working buyer. If we’re looking at 3 owned home and new homes. I’m always trying to see the new homes last because I don’t know how long it’s going to take. You know, we could see four pre-owned homes and we could be done with those in an hour to an hour and a half but if we go out to a builder’s hone and the buyer likes that builder. They like the floor plan we’re talking about it. It could take an hour. It could take two hours because you’re going to have a lot of questions.

You’re going to want to go look at the lot. You’re going to want to see what’s included. You hopefully have a real estate agent that’s educating you along the way. So just make sure if you’re working with a real estate agent and you’re looking at pre-owned homes, you’re looking at new homes. The safest bet is just to look at the pre owns first. Look at the new homes last. So you don’t have your real estate agent saying he come on we got to go, we got to look at four or more homes or five or more homes or whatever it is.

So I hope this helps you. I do these videos for you. If you have any questions whatsoever don’t hesitate. Leave them in the comments. I’d like to do a video about it or answer your question. If you’re in the Tampa Bay are I would love to help you. I’d love to work with you. I wish you the best of luck have a wonderful day. Click here for more educational real estate videos for both home buyers and sellers. Don’t forget to subscribe.

Panther Trace Homes For Sale – Why Choose Panther Trace

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Panther Trace is one of the nicest subdivisions in Riverview, Florida. When I was looking at buying a couple homes for sale (as rental properties) I chose Panther Trace because of:

1. How well the community is maintained.
2. It's a very diverse built, community. Over 10 different builders.
3. The community features are awesome.

I will tell you why I love Panther Trace. In this short video.

Transcription

Hi everyone. This is your Tampa Bay realtor Lance Mohr and in this video. I want to talk about what makes Panther Trace in Riverview such a great subdivision. Then I’m going to do a little drive by videos through Panther Trace to show you different areas of Panther Trace. That’s what I’m going to go over in this video.

Panther Trace in my opinion is one of the best sub-divisions in Riverview. I love Panther Trace. As a matter of fact, I own two rental properties in there and the reason why I like it, number one it’s a huge subdivision and it’s also very diverse and when I say diverse it has town homes, it has villas, it has single family homes but because it’s so large it also has a lot of builders in there. If you watched any of my new home videos that I've done, it really talks about the advantages of having a lot of builders in a subdivision because sometimes, when you go into subdivisions that might be smaller or even real big and they only have one builder or maybe two builders. Everything starts looking very similar because people start picking the same floor plan over and over again, or maybe they have the same elevation and note though they’re not right next door to each other. You will see it throughout the community.

When you have a community that has so many builders, I think over 10 builders in Panther Trace you’re going to see a lot of diversity. You’re not going to see a bunch of cookie-cutter sections of the community. The other thing is you are going to see in Panther Trace you have some entrance level builders, you have some mid-level builders, you have some upper end level builders. So it’s very diverse as far as what you’re looking at.

Also what’s really nice is I love the fact that they have two community pool areas. They have tennis courts, pools, playground, and volleyball courts. It’s very nice. They also have which is very important to a lot of people and elementary school right there in the subdivision and it’s also close to 75. If you’re looking at getting on 75 it’s a pretty easy commute. Riverview is a really growing are, a nice area, and I think Panther Trace is certainly one of the nicer subdivisions in there.

So let me go over and let me show you a video. A drive by videos just so you get an idea of some of the street, the areas in the Panther Trace. Okay so I hope you enjoyed that. If you have any questions about Panther Trace, if you have any questions about Riverview, if you’re thinking of buying a new home, a pre-owned home, selling a home, give me a call. I’d love to help you out. If you have any questions just in general don’t hesitate to give me a call or leave a comment below. I wish you the best of luck in buying a home. Have a wonderful day. My YouTube channel https://youtube.com/tampa2enjoy contains tons of educational real estate videos. For all home buyers and sellers.

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I got asked this question last week. “What's the most important quality for a real estate agent to have?” So I thought I would answer it in this video. There are so many things a buyer and/or seller should look for when hiring a Tampa real estate agent. Some that come to mind are:
1. Honesty
2. Knowledge
3. Experience
4. Availability
5. Negotiating Ability

Transcription

Hi everyone. This is your Tampa Bay realtor Lance Mohr and in this videos, I want to go over a great question I got the other day from a home buyer and that is. What is the number one quality a real estate agent should have when you work with them? Iím going to go over that in this video.
I just thought that was a really good question. I just, of course, wish I could really narrow it down to one quality and I am going to do that. I would say if you're looking for a real estate agent whether you are a buyer or a seller you really need to look for an agent that has a lot of great qualities. Not just one or two of them. You know thereís so many things. Do they have great communication? Are they honest? Are they looking out for your best interest? Do they know what they are doing? If they been in the business a while and happened a lot of experience. Are they are going to be available to show your property? What happens if they go out of town? Do they have someone in their team or someone in their office or someone they could get you in the home so you donít lose it? Do they have to know how, how to negotiate?

What is the single best quality you could have? Now before I answer that. I do want to just give a side note here. I just have to say, I think most agents out there are honest and they are really trying to do the best their home buyers and home sellers. Some of them just donít have the experience level. I want to sort of put that off because at the end of the day you to hire an agent that's honest or forget it. I just want to assume that every agent that youíre talking to that you have a good feeling that is least theyíre honest but if we take away and just put that off to the side.

I would say the number one quality an agent could have would be their knowledge. Not just book smart but more knowledge on experience. If they did, if they have been through is this our first rodeo or is it their thousands of rodeo and how do they. What experience level do they have because of weíre in a different market right now and thereís a lot of people out there? They just donít know what they are doing and I think thatís okay. I mean everybody has to learn but you want someone who knows what they are doing. Someone whoís knowledgeable. So out of everything except honesty and I'm just going to say, I think everybodyís going, to be honest out there. There are a couple bad apples but not many of them out there but put it aside honesty I would just say knowledge. That would be my number one quality. I think any real estate that youíre looking whether youíre buying a home or whether youíre selling a home should have.

Iím curious to find out what do you think. Do you agree with that? You think knowledge? Do you think availability? Do you think I should just say honesty and forget everything else? So in your input, Iíd like to know what you think. I hope this helps you. If you have any questions. Don't hesitate to reach out and contact me. If you like my videos please subscribe to my channel Click here. Click the little bell icon and youíll be notified of my videos. I wish you the best of luck whether youíre buying a home or whether youíre selling a home. Have a great day.

https://tampa2enjoy.com/blog/16148/

The Oldest “Listing Agent” Trick In The Book

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At the end of the day, you are boss and you are the decision maker on the price of your home. Not the real estate agent, but you. So, do not get fooled like so many homeowners and hire the wrong agent based on what he or she is telling you.

Watch this video so you don't get FOOLED by the oldest real estate trick in the book.

Transcription

Hi everyone. This is your Tampa Bay Realtor Lance Mohr and I’m going to do a little bit of an unusual video today because I really want you as home sellers or future homes sellers to think about this question. Who’s really the boss? The homeowner or the realtor? I’m going to go over that in this short video.

Okay so I know this is a bit of a question you know who’s the boss the Realtor or the homeowner? I mean look right off the bat of course it’s the homeowner. It’s their home but the reason why I asked this question is because as real estate agents when we go into people’s homes to list. We all know the questions that are coming at us. And the number one question in every single solitary seller will ask is, what do you think my homes worth? What do you think it will sell for and a lot agents will go out there and they know they stopped in this answer that the homeowner may hire them based off of this? So what they’ll do is they’ll just over inflate the price because the homeowners a lot of them I should say and I know this is tough to hear.

I’ve just been in the business for so long and I talked to homeowners. I’ve talked to real estate agents and they’ll say I picked the agent because they thought it was worth this and I talked to realtors sand they say he if I basically just over inflate it or give them a little higher price they’ll pick me as a real estate agent and I’ll get the listing. So you know that does go on. So I say who’s really the boss and who’s out there making the decision certainly it’s the homeowner. You’re the owner, you’re the boss, and you’re the decision maker. At the end of the day, you’re the one determining the price of the home. Not the real estate agent. So don’t pay attention to what the real agents say at the price. Take it with a grain of salt. You want an agent that’s going to help educate you. To show you how the process works. Show you the comparable. To explain things to you then at the end of the day you’re going to put the price on the home.

There’s a video I did a while back and I’ll put it up above. It’s why do realtors take over price listings. Anyhow, you could check that out but you need to hire the agent and you need to look for an agent-based off their marketing and their negotiation skills not what they will tell your homes worth because anybody could go out there and say oh yeah it’s $350,000 home and then say oh yeah it’s worth about $400,000. I would list it for $400,000 we’ll keep it on the market a little bit then we’ll drop it. Look I don’t agree with this tactic at all. When someone asked e what their home’s going to sell for. I’ll tell them, I’m going, to be honest with them I know I may not get the listing. I don’t know they may not like it but at least you’re going to hear what you need to hear not what you want to hear but not everybody’s like that out there and I understand. I’m not knocking the real estate agents they do what they do. Sellers do what they do etc. but I wanted to give it to you straight in sort of an unusual video.

If you have any questions at all don’t hesitate to reach out. If you’re in the Tampa area looking for a good aggressive agent to sell your home? I’d love to interview for the job and if you know anybody looking at buying a home or selling a home share my videos with them. They may get some use out of them as well. I hope this helps you. Thank yours for watching my videos. Have a wonderful day.

My YouTube channel https://youtube.com/tampa2enjoy has hundreds of educational real estate videos. From buying, selling a house to tips for first time home buyers. Don't forget to share these videos with your friends. Thank you.

The Truth Above Home Builders In Tampa

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I did this video because new home buyers have a lot of unrealistic expectations from home builders and they just don't understand what the builders and their contractors are going through. Most all home buyers do not understand what is going on in the real estate market (now) in regards to new construction home builders. Everyone knows that it's a crazy seller's market and home prices are going up. I will help you understand what is really going on right now.


Transcrption

Hi everybody. This is your Tampa Bay realtor Lance Mohr and in this video I made a go over about the truth about new construction homes in Tampa. What’s really going on and I'm going to be talking about some stuff a lot of you may not want to hear and personally won’t like but that’s what I’m going to talk about in this short video.

So as most of you know, we are in a sellers’ market. In other words there’s a lot of buyers out there and not a lot of inventory and not a lot of inventory and a lot of people are starting to lean, have been leaning toward new homes in the Tampa area. The reason is because a lot of sellers just aren’t realistic on their price. If you look at a lot of pre-existing homes they’re either overpriced or they’re not nice condition or their assumption something functionally wrong with them and it’s just drawing people to new construction homes but the problem we have here and it’s not just in Tampa, it’s not just in Florida, it’s in a lot of places across the country is that everything is going up up up. So labor cost is getting higher. Prices that people want is getting higher. Material cost a whole bunch of different factors and there’s not enough qualified people around the country to build homes or having to do a lot of training. Then of course people get the training they want to go somewhere else and make more money.
So this is coming up everywhere. Now this is something, if you watch my new home videos. I talk about all the time, inspections, inspections, inspections, but I’ll give you a couple of examples. The other day I was talking to a representative with multi-home. He showed me this upgrade on the home and he said “see that upgrade over there?” and I said “yes” he said “last week that was $3800 this week it’s $5,200”. He said “that’s not something we’re doing”. He said “the company that we go to that does that their cost to us went up $1,400”.

I was talking to another builder and he was telling me where I always tried to get my buyers to get their scheduling if they’re coming in from out of town to go into the design center and take a look at everything before their appointment and a lot of builders will actually let you go in before you even write a contract. So I had buyers go into this one company before they even wrote a contract and I had them take the pricing catalog to get a good idea. The problem was the builder just cut that out, they said “You know, what we’re not when people in our design center. If they are on the fence there’s no more of that. You have to be under contract with the home. Once you’re under contract with a home then you could go to the design center and just look around before your design center appointment.”

So things are starting to change and a lot of this because a lot of the builders especially the good builders and the good areas are just busier than they know what to do it. They have so many buyers out there and there are so many consumers. I’m going into this model homes and I’m walking in and there may be on or two cars in the parking lot all of a sudden I’m walking out an hour late. The entire parking lot is full of people parking on the streets. So it’s just something to keep in mind when you’re looking for a new home just take everything with a grain of salt because things are changing. They are always changing, it’s not that the builders trying to be mean, it’s just that they’re very very busy right now and they’re really taken their pick and going with buyers that are ready to buy right now opposed to sitting on the fence in another six months or a year. And this happens when the market is busy. So hopefully you’ve had a chance to watch some of my new construction videos and how to save money and understanding the process. I’ll put a couple up above.

If you have any questions at all don’t hesitate to give me a call (813-317-4009). If you like these videos give me a thumbs up and if you’re in the Tampa Bay area and you need a good real estate agent let me know I’d love to talk to you, help you out. Thank you very much for watching my videos. I wish you the best of luck no matter where you’re building a new home.

For more education real estate videos. From home buying tips, new homes and new construction, seeling a home tips etc. Please visit my real estate YouTube channel. Share my videos and don't forget to subscribe. You can also visit my podcast https://www.spreaker.com/tampa2enjoy. Thank you.

Why Do Real Estate Agents Take Overpriced Listings?

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You may be wondering why Real Estate Agents take overpriced listings? Why would they do that when they get paid to SELL the home? Here are a few reasons. Over the years I've asked why real estate agents take an overpriced listing. I see this go on in my own neighborhood and it is very frustrating to see. Especially when you know the home will not sell and the seller will end up having to take less money than “fair market value”. This video will explain why.

If a home is overpriced it's NOT going to sell and it will become SHOP-WORN. This is not a good thing to happen to a home seller. The best thing you, as a seller can do, is choosing a Realtor that knows what they are doing and will give you the HONEST answer to the common question: “What do you think my home is worth”.

Choosing the right agent can either make you money or lose you money – it's your decision!

Transcription

Hi everyone. This is your Tampa Bay realtor, Lance Mohr and in this video, I want to talk about a question for years. Since I've been in the business over 20 years ago and that is why do realtors take overpriced listings? That’s what I’m going to talk about in this the short video.

I’m a little surprised I haven't done a video on this because I just had so many people ask me, neighbors asked me, I mean friends, acquaintances, everybody. Why do realtors take over price listings and a lot of people really don’t understand and know why? So plenty just give you a few reasons why realtors need to take over price listings. The first one is they just think of the seller has to get the home sold. They might as well be the person that list it. I had an agent tell me one time, he said “Lance what was I supposed to do if the seller is going to list the home at least it's me at the end of the day have eventually sell it and I'll get paid money. So I don't necessarily agree with that right there. I think you should be upfront and honest with someone but as long as they are then you know you’re going to have to make the decision as a seller.

Another one is just a pressure on the office. In real estate, they always say listings listings listings. The office is pretty much everywhere. Any books to read, you know any type of training we go to everything just about listings listings listings. Of course the office once the yard sign in the front yard. They want that the recognition. They want to be seen and a lot of times the agent does too. They want to sign in the yard. Maybe they want it in the yard so they can knock on doors and see if anybody else wants to sell. Where they can call on the telephone to the neighborhood “hey, I have a listing or you thinking of listing your home”.

I know the reason they may want to do it is maybe they want to sit open houses. It's a very passive way to sell a home but open houses whenever it was never really meant to sell homes from the real estate community. Most agents do it in virtually all agents do open houses because you're trying to procure a buyer. They are trying to get a buyer that they could work with. They're basically using the property as a marketing tool, have buyers come in and they need buyers. So that that so that's a way as well there's a lot of different reasons why agents may take over price listings. Those are the some of the most common reasons now I said this a lot over the years if you get higher a real estate agent hire based off of their marketing and hire them base of their negotiating skills.

If you have any questions what so ever don’t hesitate to contact me. If you know anybody looking at buying a home or selling a home share my videos with them. Hopefully, the videos will help them out. I appreciate you watching y videos. If you have any questions or concerns don’t hesitate to give me a call I’d love to answer your questions or if you’re in the Tampa Bay Area or you’re looking for a good aggressive agent to list your home and sell it let me know as well. Take care and thank you. Visit my YouTube channel https://youtube.com/tampa2enjoy for more videos from buying tips, selling tips, mortgages, builder reviews and may more.

Importance of Hiring a Good Mortgage Lender – A TRUE Story

by

I always talk about the importance of hiring a good lender. Choosing a mortgage lender that is honest and will do the right thing. This is a true story that will make you think.

Transcription

Hi everyone. This is your Tampa Bay realtor Lance Mohr. In this video, I want to talk about hiring a really good loan officer and the importance of doing that. I want to give you a real-life scenario that happened to one of my buyers this week to really drive home the point on how important it is to hire and make sure you get a really good loan officer and honest company.

I had a buyer call me up and what happened, I just got back from vacation and I found out that there was a problem with the loan. The lender that he hired actually screwed up and it was being the delayed 3 days and he wasn't. They are not using the builder’s lender. What happened is the builder was charging him $300 per day for every day they did not close and so he was getting hit with a $900 bill. The good thing is, they had a really good loan officer, a really good company and they basically stepped up to the plate and pay that. Then you might be thinking yourself, well yeah, of course, they should you're absolutely right they should but I've been on the end where I’ve seen these lending companies not. There just like hey we're sorry this stuff happens. It's not our fault will get the loan done as quick as we can and their situations especially in this market right here that were in a seller's market, where if you don’t close on time and as a backup offer that's better than yours on a pre-owned home they might just cancel the contract, let it expire and take the other offer. Or if you're working with the builder or if it’s on a relocation company there's a per diem every day if you don't close in it could wind up into hundreds if not thousands of dollars. You need to make sure the lending company that you hire is good, is reputable, is honest and someone who's going to do the right thing.

Always ask for references. The best place to start a real estate agent. If they’ve been in the business a while they should have a really good relationship with a really good loan officer and mortgage company.

I hope this helps. Please give me a thumbs up if you like these videos and if you have any questions at all don't forget to leave them in the comments below. Have a wonderful day!

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Keller Williams Realty – Tampa, Florida

Mohr Home Group
18302 Highwood Preserve Parkway
Tampa, Florida 33647
(813) 317-4009 | Map | Email
Licensed REALTOR® in the State of Florida

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