21 Burst results for "Real Estate Group"
Real Estate Groups Ask Federal Court to Block New Eviction Moratorium
"Real estate groups are asking a federal court now to block the Biden administration's new eviction moratorium. The CDC extended it for 60 days in counties with a high spread of covid 19. On Wednesday, the Alabama Association of Realtors and other groups asked the Federal District Court in Washington, D. C to immediately blocked the
"real estate group" Discussed on SuperTalk WTN 99.7
"So we're having a battle Royal. Right now we've got Wendy dies of Legacy Real estate group and Bobby Swank of Clearview appraisals and they're just They're just duking it out over appraisals because, you know they're kind of sometimes at the best of friends in the real estate market, and sometimes they're mortal enemies. You know, that's just how that whole process works. So right now, One of the things that we were talking about in the break is how do you figure out the value of a certain improvement? You know, Let's say it takes you $30,000 to put in a garage in the backyard, a separate garage, But now in the appraisal, it only adds about $10,000 worth of value. So who decides how much value is attributed to a certain type of improvement? Well, first of all, I know the oppressors going to let's say that the house you're talking about is you know how can appraiser say that The subject has hardwood floors, But the cops are using have carpet and Warren carpet or whatever, and they're saying that there's not a difference. Would argue with that appraiser that the resin difference, so that's happening. The price was doing it wrong, honestly, great to know. I mean, if you're telling me that this the comparable has carpet, it's old, worn carpet. The subject has new hardwood floors, and there's no condition adjustment. Anything like that. He's probably doing it wrong or she's doing it wrong, right? That just happened to me, actually. So I mean, brand news. Get that appraiser on the phone right now blocking my answer. You know, the question always comes to me with people are saying, Hey, you know, Wendy, Will it improve my value of my home? If I put in all hardwood floors and ripped out the carpet or new kitchens or what is it that's going to give meaning value. And the one thing that I always hesitate to say, because how much value that's going to give? You know, The one thing that I will say is, it will definitely put make your house stand out against the others. It will make it more attractive to a buyer, right but not necessarily get more money. Exactly. And that's the hard thing. You know. I had swimming pools. Forget about it, you know? Well, I was going to use that as an example. Because what you're because basically what's happening in a lot of people think. Well, I put a new roof on because they needed in a group. Right. Well, it's got a new roof and it costs me $20,000 so Well, the appraiser looks at whether it's a new room for hardwood floors or whatever. Well, the appraiser is going to look at the cops that he's going to use. If those comments have nice hardwood floors that were just installed or they were installed a year ago, whatever Than really all that the subject's doing is bringing their house up to those camps that already have that right? You know what I'm saying? Now, if you're improve in that house To where you're adding hardwoods and in your in the neighborhood in the market that you're in those houses have carp. They're not. They haven't been updated. It's that kind of neighbor hadn't been renaissance. It hasn't gone through the period. No ones. They don't have the people moving in. Now, in today's world, I have find that hard to believe. But it in the past that's kind of you know what you're doing. The price ER has to basically Make sure that if the cops are lower than then, Yes, it's going to give a value. But it's not a certain value doesn't mean it's always going to ring rally doesn't make it show better. Doesn't make it sell better. Yes. But a lot of things that people do roofs. Um, polls if They're just bringing it every every house in the subdivision. How to pull like an Arizona, For instance, 90% of your homes in Arizona have a pool. You don't have a pool in your neighborhood. You're You're losing money, right? And you're going to build, but you're not going to get money. You're just going to build a pool to bring it up to everybody else because they have one. Good. You need one, right? Right. So does that make sense? It's a kind of a different example. But does that make sense? Absolutely so to kind of repeat it back to you, I guess and see if it makes sense for somebody who's not an appraiser works in the appraisal industry. So if all of the homes in Area have hardwoods and you have old carpet. If you improve your your carpet and put in hardwoods now you're just on on the same level as all the other homes that have hardwood correct. So you're bringing up that value to what the other homes are at, Whereas if you just left it with carpet, you may get a negative adjustment. That brings your value down a little bit because it's not up to the same level as all of the homes in the area. Couldn't have said it any better, right? Wow. Although these days as we were talking with things going over asking price, it almost doesn't matter. It's like, why bother putting in hardwood floors? If you're going to get $60,000 over asking, anyway, That's a good point. And that is something that the actuals, the seller of the property has to end. The agent have to get together and decide is if you do this in this market now. Does it really.
"real estate group" Discussed on SuperTalk WTN 99.7
"I know I'd be happy to help you. So we're having a battle Royal right now we've got Wendy dies of Legacy Real estate group and Bobby Swank of Clearview appraisals in there just They're just duking it out over appraisals because, you know they're kind of sometimes at the best of friends in the real estate market, and sometimes they're mortal enemies. You know, that's just how that whole process works. So right now, One of the things that we were talking about in the break is how do you figure out the value of a certain improvement? You know, Let's say it takes you $30,000 to put in a garage in the backyard, a separate garage, But now in the appraisal, it only adds about $10,000 worth of value. So who decides how much value is attributed to a certain type of improvement? Well, first of all, I know the price was going to let's say that the house you're talking about is you know how can I praise or say that the subject has hardwood floors, But the cops are using have carpet and Warren carpet or whatever, and they're saying that there's not a difference. Would argue without appraiser that there is a difference, so that's happening. The price was doing it wrong, honestly, great to know. I mean, if you're telling me that this the comparable has carpet, it's old, worn carpet. The subject has new hardwood floors, and there's no condition adjustment. Anything like that. He's probably doing it wrong or she is doing it wrong, right? That just happened to me, actually. So I mean, brand new. Let's get that appraiser on the phone right now. My answer. You know, the question always comes to me with people are saying, Hey, you know, Wendy, Will it improve my value of my home? If I you know, put in all hardwood floors and ripped out the carpet or new kitchens or what is it that's getting a meaning value. And the one thing that I always hesitate to say, because how much value that's going to give? You know, The one thing that I will say is, it will definitely put make your house stand out against the others. It will make it more attractive to a buyer, right but not necessarily get more money. Exactly. And that's the hard thing. You know, swimming pools. Forget about it, you know? Well, I was going to use that as an example. Because what you're because basically what's happening in a lot of people think. Well, I put a new roof on because they needed in a group. Right. Well, it's got a new roof and it costs me $20,000 so Well, the appraiser looks at whether it's a new roof for hardwood floors or whatever. Well, the appraiser is going to look at the cops that he's going to use. If those comments have nice hardwood floors that were just installed or they were installed a year ago, whatever Than really all that the subject's doing is bring in their house up to those comments that already have that, right? You know what I'm saying? Now, if you're improve in that house To where you're adding hardwoods in my in your in the neighborhood in the market that you're in those houses have carp. They're not. They haven't been updated. It's that kind of neighbor hadn't been renaissance yet. It hasn't gone through the period. No ones. They don't have the people moving in. Now, In today's world, I have find that hard to believe. But it in the past that's kind of you know what you're doing. The appraiser has to basically Make sure that if the cops are lower than then, Yes, it's going to give a value. But it's not a certain value doesn't mean it's always going to be really doesn't make it show better. Doesn't make it sell better. Yes. But a lot of things that people do roofs. Um, polls if They're just bringing of every every house in the subdivision had to pull like an Arizona, For instance, 90% of your homes in Arizona have a pool. You don't have a pool in your neighborhood. You're you're losing money, right? And you're going to build, But you're not going to get money. You're just going to build a pool to bring it up to everybody else because they have one. Could you need one? Right? Right. So does that make sense? It's a kind of a different example. But does that make sense? So to kind of repeat it back to you, I guess and see if it makes sense for somebody who's not an appraiser works in the appraisal industry. So if all of the homes in Area have hardwoods and you have old carpet. If you improve your your carpet and put in hardwoods now you're just on on the same level as all the other homes that have hardwood correct. So you're bringing up that value to what the other homes are at, Whereas if you just left it with carpet, you may get a negative adjustment. That brings your value down a little bit because it's not up to the same level as all of the homes in the area. Couldn't have said it any better, right? Wow. Although these days because we were talking with things going over asking price, it almost doesn't matter. It's like, why bother putting in hardwood floors? If you're going to get $60,000 over asking, anyway, That's a good point. And that is something that the actuals, the seller of the property has to end. The agent have to get together and decide is if you do this in this market now. Does it really matter if you do this to this house, right? Yeah, well, it does to the appraisers because.
"real estate group" Discussed on MyTalk 107.1
"If you download the app to your phone If you're going up to the cabin wherever you're going sitting down at the league Take us with you Just download the app. You can also register for some great prizes. If you do that, as well here with my good friend, maybe showing a man from the red hot real estate group. And, of course, my friend Shelly Farris from caliber home loans. You know what? You're just want to get the house, right? So let's just help you get the house but also make wise decisions as you're doing. And if you want to feel good about what's happening here, just read about what's happening in Australia, and that'll make you feel better about which one the one about the right the rats. Well, I'm talking about the cost of the housing. Well, I am going to send you the story about how there is a rat infestation of Australia document that No, they're running forget. You know, I can't come up with the story that you don't already know about kind of That's all. You know what my spirits like. You know, Who am I talking to You here? That's all I do. That's all I do is just read a random facts. So sorry. All right, So we're talking about how to win win bids, And so we have seen an uptick. In rent backs, and so what is a rent back? Right? So rent back is you Buy the house You close on the house you the buyer, But you don't get to move into it because the seller who currently Is the owner before we close is going to rent from you until they find another house up to six months. Okay? It's allowable that is allowable. And so they put a deposit down. They agree to ensure the house just like they would And you hold the damage deposit in an interest bearing account. Just like a tenant Landlord situation. Um, and normally that works out just brilliantly. Right, however. Um I don't have any personal stories. Thank goodness knock on wood. But you want to be think about these things, especially in the current state of what's happening with tenants and landlords, right? The eviction moratorium specifically. Could that come into play? If you agree as a buyer, uh, to do a rent back to the seller What happens if the seller becomes incorrigible and then doesn't move right? They say, I don't have to move because of Everything that's going on with this moratorium, and I haven't found a house and now I'm homeless. So you know, it sounds easy. It sounds, you know, clean and neat, But there is risk. They're absolutely there's risk. Absolutely. You want to think about that? Um, Hopefully it goes well, but it is something that sellers are asking for. And it's something that we're seeing in the marketplace. Okay, so be take that with a be ready for note of caution. Um, what we're also seeing which is causes great anxiety. Is purchasing as is and waving your inspection. Contingency, right? Um So, um, Ladies Micheli Ferris from caliber home loans. How many purchase agreements last month? Did you see That wave the inspection, I would say 80% of them waved inspection almost every one of them now normally, though, if they're waving the inspection, But so this is I probably went and looked at the house myself, and I bawled it. And then I'm hoping And putting all of my my, you know that that I didn't miss something from my eyeball check right in the 15 minutes that I had to walk to the right. Right. You look at the radio personality with the great eyes for any kind of markers with the house clearly looks structurally sound right? I don't need to have anybody can look at it. What a difficult scenario to be put in as a potential buyer. It's a horrible position. Let's all just go ahead and own because look, I I bought the house I was renting. And still had an inspection, right? I'm like, like, maybe I like happy. Exactly. I'm all like, No. Let somebody look deeper. Maybe I just deal and let's talk about that. Right? So you'd live there. You knew what it was like. And did they 70 years? No. Okay, but it was still good for them to say. You know that thing you know, that's probably going to break eventually. I'm like, Oh, yeah, I knew about that stuff, so they didn't bring up anything. That was a surprise to me, But I was still like I was curious when the report came back because there could have been I never dug around in a crawl space are checked out the You know, just stuff that you don't do exactly. Maybe I should. But I dont Yes. And then 15 minutes. You don't really have the top right now What we are seeing is some buyers are choosing to do a walkthrough inspection where they hire the inspector to come along with okay during their 15 minutes. I personally have never had anybody do it. Okay, And I honestly can't fathom what they're going to see so and just as a nugget. You can't just bring somebody in somebody else's house. Okay, You can't just do what you want and get the ladder out and do the thing Braid. You really need to let the listing agent know that you're bringing your inspector through, so there's no problem, but it's in all seriousness, you know? If I had somebody in a showing, they got up in my attic. They would be like, never selling to you. I don't care what you offer me that would. That would be a thing. Invasion of privacy. So, um, But that is happening. That is happening. Absolutely. And so you really just have to think. How badly do you want it now? I will say. And doing real estate for 15 years. You know when it's rare when you get an inspection that's so bad that they walk away, right? Right. I literally could may be counted on one hand. Same exactly, And so, you know, what are you looking for? You're really looking for big gaping, You know things in the foundation. That's the first thing I'm looking for. I'm looking for what? What are the costs going to be for the big ticket stuff is the siding toast? Um, is the roof toast? How old are the furnace and the and the things everything else, in my opinion as a person can be handled, Okay, if it's not going to fall over, right right if it's been standing for a while. If it's not unsafe. Yeah, Yeah. If it's in a good location, you know when they say location, location location, that is the truth. Okay, that part you can't change. Next of all the structure. You know, that's tough to change. You can change it. You can fix it. That's what structural engineers are. Four. Okay, Um, but you kind of don't want to have to do that. Especially if you're you know, paying a lot of money for a house anyway. Now, if you've got something that's got a structural issue, and it's so obvious. Maybe there's your deal, right?.
"real estate group" Discussed on SuperTalk WTN 99.7
"Help you. So we're having a battle Royal. Right now we've got Wendy dies of Legacy Real estate group and Bobby Swank of Clearview appraisals and they're just They're just duking it out over appraisals because, you know they're kind of sometimes that the best of friends in the real estate market is sometimes they're mortal enemies. You know, that's just how that whole process works. So right now, One of the things that we were talking about in the break is how do you figure out the value of a certain improvement? You know, Let's say takes you $30,000 to put in a garage in the back yard, a separate garage, But now in the appraisal, it only adds about $10,000 with the value. So who decides how much value is is attributed to a certain type of improvement? Well, first of all, I know the appraiser's going. Let's say that the house you're talking about is, you know, how can I praise will say that the subject has hardwood floors, But the cops are using have carpet and warn carpet or whatever, and they're saying that there's not a difference. Would argue without a pressure that there is a difference, so that's happening. The pressure's doing it wrong. Honestly, I'm going to know if you're telling me that this the comparable has carpet. It's old, worn carpet. The subject has new hardwood floors, and there's no condition adjustment. Anything like that. He's probably doing it wrong or she's doing it wrong, right? And I just happened to me, actually. So I mean brand news. Get that appraiser on the phone right now, let's get to answer. The question always comes to me with people are saying, Hey, you know when he will it improve my value of my home. If I put in all hardwood floors and ripped out the carpet or new kitchens or what is it that's gonna give me the value. And the one thing that I always hesitate to say, because how much value that's going to give. You know, The one thing that I will say is, it will definitely put make your house stand out against the others. It'll make it more attractive to a buyer, right but not necessarily get more money. Exactly. And that's the hard thing. You know what swimming pools? Forget about it, you know? Well, I was going to use that as an example, because what? Because basically what's happening in a lot of people think. Well, I put a new roof on because they needed a new group. Right. Well, it's got a new roof and it cost me $20,000 so Well, the appraiser looks at whether it's ah new roof or hardwood floors. What? Well, the appraiser is gonna look at the cops that he's gonna use if those coms have nice hardwood floors that were just installed or they were installed a year ago. Whatever. Then really all that the subject's doing is bringing their house up to those cops that already have that right? You know what I'm saying? Now, if you're improving that house Where you're at and hardwood you may endure in the neighborhood in the market that you're in. Those houses have carp. They're not. They haven't been updated. It's that kind of neighbor had been renaissance that hasn't gone through the beard. No ones. They don't have the people moving in. Now, in today's world, I had find that hard to believe. But it in the past that's kind of you know what you're doing. The appraiser has to basically Make sure that if the cops are lower than then, Yes, it's going to give a value, but it's it's not a certain body doesn't mean it's always gonna be. Bradley doesn't make it show better. Doesn't make it sell better. Yes. But a lot of things that people do. Roofs pulls if They're just bringing if every every house in subdivision how to pull like in Arizona. Francis 90% your homes and Arizona have a pool. You don't have a pool in your neighborhood. You're losing money right now and you're gonna build, but you're not gonna get money. You're just gonna build a pool to bring it up to everybody else because they have one. Could you need one? Right? Right. So does that make sense? It's kind of a different example. But does that make sense? Absolutely. So tol, Repeat it back to you, I guess and see if it makes sense for somebody who's not an appraiser works any appraisal industry. So if all of the homes in the area have hardwoods and you have old carpet If you improve your carpet and put in hardwoods now you're just on the same levels. All the other homes that have hardwood. Correct. So you're bringing up that value to what the other homes air at? Where is if you just left it with carpet? You may get a negative adjustment. That brings your value down a little bit, because it's not up to the same level is all of the homes in the area. Goodness that anybody right? Wow. Although these days because we were talking with things going over asking price it almost doesn't matter is like why bother putting it hardwood floors? If you're going to get $60,000 over asking, anyway, That's a good point. And that is something that the actuals, the seller of the property has to in the agent have to get together and decide is if you do this in this market now. Does it really matter if you do this to this house, right? Yeah, because well, it does to the appraiser's.
How to market yourself in a changed digital world with Valentina Borbone
"Welcome to another episode of the elevate. Podcast we delve into some of the most interesting minds in business in real estate for the very best tips and strategies implemented. Elevate your business. I'm samantha mclean editor of late agent and host today show long before any consumer picks up the find the actively researching online shortlisting the right person for the job. My guest on. Today's show is an expert at making sure that agents do make the shortlist valentin -able by an easy digital marketing educator and c. e. o. of the bantu group she's also an advisor to the international social media association. And would be familiar to many of you as a coach at digital live. So valentine welcome to the show alarm thank you. I'm delighted to be here. Finally as we were just talking a minute ago it was about a year and a half that you were speaking at Twenty which got cancelled because of the pandemic so. I'm super excited to have you join today. And i'm hoping that this episode might be a bit of a masterclass in social media. Because that's exactly what you do and it's such a hot topic right now. yeah well. It's definitely bain evolving and. I don't think anyone has been left unscathed in the last couple of months after what happened. We faithful and aluminium. So i'm really looking forward to maybe reigniting some of the things that i have talked about in the past and we'll take giving people some new tapes that they might be able to employ. They haven't thought of now. But i'm so happy that we got some of Prop twenty out there. The law greats fake is knows a lot of preparation that went into one event. Like that until only really get victoria in adelaide done before everyone else unfortunately got canned. I'm it was a real shame. And i hope everyone has actually digested some of that content in its digital form. Go out online. Yeah absolutely and i think a lot of paper would actually naive from that as well because in our area i did put all the sessions up online and before we get into today just in case. People aren't familiar with you in the work that you deal. They have been under a rock and haven't been digital live or any of those things. Can you just start a little bit with who you work with the help and how you help them. I have eighty marketing. Mind tie career and that's agency side marketing. And i was very fortunate that i was one of the digital leads for admiral. Which is our advertising citation. So the last ten years. I write they three months. The ticket greg polls and toll shit by evening classes. Dye cloth changed by the time. I'd written the content and ice to take about a thousand people a year including in-house training. And what that led me to his teaching for. Rei teaching lots of different real estate groups. And that will take me anywhere from stabia ray. Len lice stockland mirvac three to all of our residential and commercial real estate agencies. Mcgraw ri- watt bill property And everyone in between non-organic rattled them off. But i started to work in real estate miceli because i was educating siles paypal in how to sell digital solutions and that tending to let's take the agents halliday's digital solutions works that they can understand what some of the best opportunities Still run training programs in house with someone like lane. Lice of the becca covered the face to face national ride. Shy got cancelled. Tweet is in studio with a program. That's now launched. Globally means that people are still investing in their ongoing training and learning. And what we need to remember. Is it changes really quickly and without notice. And if the media bargaining card didn't heartfully get everyone on the same page with that in the last couple of weeks. Last month than i will learn after that i know right. So let's talk about that for a moment because we were banned in amongst a whole lot of other people in real estate i mean even the portals couldn't escape so real estate dot com the you demand dot com that a you for us. Facebook was down the list of our traffic sources but it did upset me that people couldn't share their good news or malate when someone gets a new job or when someone gets an award they couldn't share any that they couldn't share their properties on social media which was a bit of a big deal. So what was your experience when facebook banned the news basically because you would have had a lot of clients who were affected ideas and there's a few things that come with that firstly it was indiscriminate. It wasn't just use science. We all saw that the hillsides whether the government related or not. They absolutely went down but a mustard factory was taken down. One of construction clients was taken down. It's a win. A rhyme or reason to who was peaked on an really came down to that was a bit of a powerplay. Dying on zuckerberg wanted us. I really you wanna play. This guy will guess what bengals the button you don. Hey let's play the right game. Sorry it did come down to. What was the definition of media within facebook and also what category some people had picked their business stink to bay under
"real estate group" Discussed on SuperTalk WTN 99.7
"We've got special guest Wendy dies in the studio here with US of Legacy real estate group and one thing I see happening a lot, and I'm sure you see happening even more than that is bidding. Worse. People are paying a lot more sometimes and what the asking price is on the house. Let's talk about. You know, if you're the buyer in that situation, and you find yourself in a bidding war with a few other people, what are some things that we can do to try to win? And get the house other than of course, you know, offering a million dollars over asking Price. Well, because then the house still has to appraise so well, Absolutely. And so, you know, making sure that you've got a good agent That's going to get you prepared in a good mortgage lender because the very, very first thing you have to do when you get into multiple offers situations is tohave a pre qualification letter right. So a seller is not even going to entertain any kind of contract that you've written until they know for sure that you don't get a contract get That you can actually afford to buy the house. You could get financing for a mortgage for it. So make sure you have that, you know, make sure you're going in with the highest and best If you're in a multiple bid situation, just make sure you know we're really not negotiating a lot Prices of houses that pretty much go for what they've asked for. You know other things, so make sure it's your heist in best. Remember that the seller is going to be looking at their bottom line. So they don't really care how it's configured, you know, So if it's a little bit higher, and you need some closing cause, But those closing costs are really killing buyers deals right now. So you know, because people because sellers have so many offers on the table, they can pick the one without that. Yeah, so I would say if You need money for closing, you know, really, just sort of tighten your belt for a while. Do anything you could do to try to save as much money as you can so that you can be competitive. Pay your own closing cost. Some people are pain more for a house. Some people are guaranteeing the appraisals, so they're guaranteeing that they'll buy it for the asking price. For whatever the agreed price is, no matter what happens with the appraisal. Absolutely. Yeah. Yeah, so that's kind of risky on the buyer's sure it is. But on the seller, they don't care. They're getting their money. Right. There is a thing. So if you're unsure as to how high That the house is going to go for. There's a thing called an escalation. Claws. Yeah, we've dealt with a few of those recently s. So what That means is to say that it's a $250,000 house and you've got an extra 10 grand, but you don't want to just through You know that $10,000 if you don't have to. So what you could do is to say that you would pay $1000 were $3000 whatever that is, over the highest bid up to 260,000. So if they get if they get a bid that comes in at 2 51 at that point, if you put $1000 escalation clause in there that you're basically paying it for 2 52. It's kind of like how eBay operates where you put in your maximum bid, and it automatically bids up your bid for you up until your your cap. Whatever it is that you put in there, you know, So I actually have a question about this because you know, as mortgage people were not involved in the negotiations hardly ever And so. If you were to do an escalation, claws and let's say, you know, it was $1000 increments and that you were starting to 50 and in your circumstance, you said, you know, the highest offer was 2 51. So yours would go to to 50 too. Well, if you had said you were willing to pay up to 260,000 How do you know that The seller actually got a bit of 251? Well, that's a great question. So if you have a good buying agent that they're going to make sure that that Is in the terms of that escalation claws and that the agent would have to provide a legally signed contract. The actual offer actual offer from the last bid. OK, so they would have to present that to me at that point before it would be binding. Eso es off somebody ought really did offer to 59 then and the other it would have to produce that, too. The Byron agent, and at that point, then that they would put in the contract that the making amendment that the contract is $252,000. Now let me play Devil's Advocate. Is there any, you know other other than it being unethical and illegal? Is there anything preventing the other The selling agent from Getting somebody they know to submit an offer for 2 59 so that they could get that to 60 out of you. I can't imagine that a license Tennessee agent would do that They could lose their life. They may be risking their job for one deal. Yeah, OK, so I would. I would highly suggest that no one does that thing. Do not that Wendy. So I've seen sometimes people would write a letter to go along with their offer to those help at all. Like, you know, we really loved your house and You know, Here's our little story and please fall in love with us is a family and sell us your house. Well, it possibly can. Sometimes you've got a cellar that just really wants to be straightforward with whatever is the easiest contract, but a lot of times when you are in multiple offer situations. You may be sitting at 15 20 of these contracts and they all start looking. They're similar. And they're all going to be competitive for the most part. So at some point you want to make sure as a buyer that you're goingto have yourself stand out a little bit more. And so, yes, cellars. They loved to that home and they want someone else That's really going to love it. So maybe over if if the contracts they're still so similar if they want a family, young family to come in there and Teo To live and enjoy their home as much as they do. Yeah, it could give you a very competitive advantage. Interesting. Yeah, we actually good friends of ours purchased a home in another state and writing the letter is actually what got them house so they were in a bidding war. Like we're talking about, and their bid was somewhere like middle of the pack like they didn't offer the highest amount, But they wrote a personal letter about why they like the house and and the architecture and the way that things were done. And talked about their personal story, and that they wanted to raise a family there and what they were trying to dio while a turns out and they didn't know this at the time, they just wrote the letter because they felt like that's what they should D'oh. The seller was actually the person who had built the house and lived in it for 50 years. Oh, wow, and they still had the architectural planes from when it was built. It was framed in the house, and they wanted the house to go to someone who wanted to raise a family there because they had raised their family there. And so by writing this letter, they were the only people that wrote a letter and even though they didn't have the highest price The seller said. We want these people to buy our house. So they got the house for the price They wanted. The seller was happy. Everybody was happy. So it worked out really good. So, yeah, interesting. It's been successful for to me. So one of the things that a lot of times people miss is that price isn't always The determining factor, right? It just really isn't so especially when you're just getting down, Teo, you know, sometimes $1000 here and there so other things thatyou conduce to be actually personal on this and understand with their needs. Are the sellers is the fact that you've got a good agent. That's going to understand that so it may possibly be that the sellers are building a house where they've got other factors. That maybe they need a longer closing call closing date. Maybe they need to stay in the house. After closing for a week or two or a month, you know, so being flexible on things like that. I've had that often where you know for $1000. So basically the buyer being flexible, So, yeah, Maybe we're only offering $1000 more than the other guy, but we'll let you go ahead and stay in the house An extra week after closing because you need that time to move out. That might be something that might swing the deal..
"real estate group" Discussed on The Dental Marketer
"Guys I. Recommend a highly highly recommend going with dark horse tech if you need an IT service, if you're looking for a new it company, or if you need something done immediately right now. Dr. Kors Tech is giving everyone. The no bill rule and what that means is throughout this pandemic. If you're close, but you need it services, you need a new it company or you need anything. It related done in your practice right now. Darkhorse Tech will not bill you or charge until your doors are officially open so due to the pandemic. If you're not open, but you need it services. Don't worry about it. Called Darkhorse Tech and they will do it for you know. Charge right now and at the same time since. Dark Horse Tech is our sponsors. You guys get an exclusive deal. Darkhorse tech is offering all start a practices. This means if your practice is not open yet. They will give you the ramp up deal and the ramp up. Deal is the first six months is fifty percent off then the following six months will be twenty five percent off. So that means that you get like about four months for free their services, which is awesome. Now if you are an existing practice in you, just need new it service or you need, it services done. You need a new IT company or whatever? The darkhorse tech is offering their first month for free for you guys, so go on. The show notes below. If you want, you can look at the deals. Think about it. You can look at what all the dentists and practice owners are saying about dark horse tack. Deal at the same time. You get no bill right now, so I definitely recommend it. If you've been thinking about getting an IT service, a new, it accompany in thinking about getting. It services because you don't have one or if you just want a second opinion on something, Call Ruben camp called dark horse tagging. You will get this deal, so go to show notes below. Click on the dark horse. Tech Logo or Dr Course. Tech Link to find out more and get the exclusive deal..
"real estate group" Discussed on The Dental Marketer
"So, That's. What would make you go back? If it was a dentist is more like familiarity more like the personality of the. Like Hey. There my friend, you know what I mean yeah. Yeah, exactly homey. Personality's gotTa be the number one You don't WanNa. Be Sitting in a dental chair uncomfortable. You know! Being very quiet when Someone. That doesn't have any bedside manner. Just kind of. Uncomfortable situation and then. I. Don't know if I'd go back in the bad haircut from somebody. That's like is really uncomfortable thirty minutes that. We didn't talk about anything and yeah. You didn't really ask me questions and I didn't ask you get to know you at all inside my now and. Yeah. Yes, sure yeah. Her Watch this thing where it's like. About, Barbara's right in. One of their pet peeves, and it's when the the like not talking to each other, but the guy keeps looking at the barber's is like you know what I mean. He's just steering the whole time and it's like. It does make it awkward United Makes. Me Very uncomfortable. And, so I'm assuming like. Maybe the dentists wonders anybody who like. Have you ever had an awkward situation where it's been like to just like an all time? There's no compensation so that yeah to me. I would be like hand I wanNA. Go back, you know. It's interesting I. Like Them I like that perspective years so Peter. Before, we say goodbye Keytar listeners where they can find you. Yes we have group. COM You have our little personal model personal pays which is on facebook and Instagram, medical real estate locator. Ninety vision will be what I do that little ages is putting up. Examples of good locations in it sites and A lot of information. DOT COM. Anything for transitions to whether or not she ground up project. There's there's a lot of information on there all very useful. Nice video is the best client all that kind of marketing stuff. On there look around your questions for free to either hop face pager, as little contact requested the Sidon. One of us will reach out to you very quickly. Awesome, AWESOME GUYS! All that will be in the show notes below free to the show notes. Check out Peter's Information. His media what he has to say and I'm like that and all the links that he just mentioned so. Yeah, thank you, Peter so much for being with us. It was a pleasure and we'll hear from you soon. Michael. Guys. I'm going to read you something right now and it says don't even look anywhere else. Don't waste your time. If you ask anywhere on facebook, they will agree. Darkhorse Tech and Reuben camp is the place to go. For your IT services. Another one just got started with Darkhorse, Tech Ruben and they have been amazing very communicative and so helpful. Another one I have been using dark correspondent in our existing office and I'm also using them in our new office. We are building. Them within campus awesome. And that's. Another one. Ruben camp rocks. If you need an in person service, he'd probably drive on night in a snowstorm just to help you. Turn it off and back on again. This is true. This is true. This is another one from a pediatric office. That's an I hired Rueben camp with dark horse for it services, dudes, expert gets the start up. Experience and process knows everything dental including construction details and is super responsive. His techs are great and install teammate everything perfect on schedule. I literally haven't worried about anything it. I don't really need to say anything more, and this isn't a paid plug, but it really was a major factor in our early success and starting on time when we had patients already booked through local mad. It's a bigger decision than I thought looking back at it, but it was a great one going with dark horse tech. And, then guys I can read you more. Where people other doctors and practice owners are saying I'm a pretty big fan of Ruben Ruben Ruben Darkhorse Tech, Yup. Whatever Rubicam says I switched from my original it to Talk Tech Inc and it was the best decision ever. They're awesome. So many people are in love with dark horse tax so many dentists, many practice owners, but why? Because they're the best. They are literally the best. It services out there, not just like their impeccable work that they do, but at the same time their customer service. I know for a fact. Ruben is always answering messages and his team and they're getting their work done for you. I mean you can hear a lot of podcast interviews. If you want. You can hear creating Odyssey dental. With Cassandra Joseph, she talks about how sometimes it services would something it would happen. Thirty minutes before she's about her doors. And Reuben will be on. He'll be answering her questions. You'll be guiding her. He would remote access and fix it before she had to open before everything happened so..
"real estate group" Discussed on The Dental Marketer
"Give. Anything head when when that question comes up. Like maybe something. I'm asking the good thing. Everybody listening is normally sometime sandy's questions to. Our guests a little bit beforehand, but I didn't send Peter. Let me just ask them, and so it's good to know because like I feel like your, you know. Your head's not always involved like on the clinical side, always saying like Oh my God. If you think like this is what's happening to your teeth right and then you're not always involved in dentistry, so if if. Like the head of the general population, because technically you're, you can be a new patient for somebody right, so we're getting into your head. It helps us out more. You know as as dentists that's why like right now. What do you dislike or hate about ten street like maybe? If your appointment was coming up. Like should I cancel. Should I not? Why are you thinking that? Well. To be fair, you know everybody has their worries about going to doctors. in a lot of it is In just the angst of going to the doctor in a lot of guys others a saying that you. Your first doctor pediatrician in Alaska, ginger cardiologists. Missed that whole. Middle Part of your life because you kinda scared together. Benistan I personally not I always enjoyed going to the dentist so that's kind of and most of most of the time they're on. That I've worked with in the past Paso there. It's kind of if there's something wrong with my mouth very like jokingly about it. They're. GonNa. So. Maybe I've just been in lucky, but Boston's good Russia toss it's. In what about what about like working with a dentist or anything like that? Do you feel like? There's something that. Earn you've been seeing okay. This is not just one mindset of of a dentist. Maybe they're all kind of like this type or not all but majority or maybe. We can shift the mindset a little bit this way, so we can. Have you seen anything like that or now. On the inside of that. The most important thing. When I when I'm working to somebody and It's really communication. We are both busy. We both Kinda have the same hours at the end of the day. I ended up a work till nine or ten at night, but most of the time. If the communication is there that does. Does bother me on to work inside, but. Most people that were already are to know that in their. The vibe respectful of everyone's time. generally. People Must Dennis are. So very small percentage that. Will. Funding, mostly two or three weeks. That's my personal. Yeah that's. Definitely definitely a communication, especially at the think like communication with you guys is super important. Once you guys out the date and everything and you're like. Hey, where do you want to go from here? You know what I mean like. We! I mean do something right like communicate back right, but at the same time. I understand like everybody. Age. Right now. What do you think that there might be many many things, but like you can pinpoint one? What do you love about dentistry right now? What I. Really What's this is gonNA sound funny. The last time I went to a dental office it was a key theatric dental office and Stay are what they're doing in there in the Rogers right. Now are very fun and very. Comforting obviously I didn't go play with the XBOX or student. It was just a basic front of mine has an office. I think that that model nowadays is really doing very is is going to do very well. it. Kinda goes back to solving that anxiety in the very young age. I think from what I've seen the the class that we work with you know there's some there's some people that we were not have thirty officers with their alternate thousands or feeding. They changed the front of the facade every couple every couple months. It's like a new theme in the very involved in community. and. It's fun when a when a kid wants to go to a dentist. vacant wants to go to a dentist in the first place. You're kind of winning. That's not typically an easy to do. I really liked that that aspect of. Yeah like that other marketing. I guess you can say yeah. Were there the creativity side of their like story, their branding and their marketing like how they appealed to the community I like that, too? That's like. trickles down to everybody else so if you do pediatric dentist does right well. By taking the anxiety away from the, Doesn't want to go to the dentist in that goes in general dentistry ended onyx neurosurgery. Kind of you know people just are better for the business. At less worried about going to the dentist. Because experiences early on at a young age. How have your experiences been so far at at dental office? Have Been Okay or Yeah usually when I go to a Dennis. is a friend so okay, Gotcha? Rapper this kind of deal so. yeah, this guy is good. Okay, so then really quick to you like to Peter Right of or what type of marketing stands out to you as a consumer so not so much the kind of marketing like. You know like a platform or Like. He all right. But more on the content or expression side like if you're walking down the mall. And you see store or you see something. What makes you walk in there? What makes you say like Hey I want to buy that? We'll. Know a lot of a lot of what would be attracted to I guess some. Typical Clinton, but at pricing at this point is is really important. That everybody is walk down if you walk down the street and You know forty, nine, hundred, nine widening deal. My teeth are kind of a yellow. Maybe I'll walk in there and a egging my teeth, whitening or something like that that seems to be. Seems to be pretty. Would you would like go in there and and do that or would you still be like you're? Probably, not just just personally because of. That I have from industry. Yeah, a kind of kind of stay. Oil which is a lot of people. Think. It's probably. The toughest thing where you're doing a start up coming into a market when a lot of people have their lifelong best..
"real estate group" Discussed on The Dental Marketer
"A system already in place for you. As good. So in in order for people to come to you, like prepared ready. The first thing they needed do or one of the things that they need to do. Is. Decide what type of practice they WANNA be right PPO fee for service or insurance based on that type of practice pediatric all that stuff, and then that's it or or do. They need other types of information, so they can get so you guys can pinpoint the best data and location for them. Kind of. Count a bit. On our side personal it'd be great if they had financing the conversation with the lender in. That kind of makes us know whether or not they are. There are pretty serious about project. Because financing is obviously how you build up a practice. Equipment and all that kind of stuff, but it's you generally know. Where you WANNA be which is a big, which is always a big question for for us. is a hey. I WANNA go here. I WANNA I. WanNa go in ownby somewhere in Texas. Can you find is the best in Texas is like? Yeah, we. We could do that. generally speaking. But your quality of life may not match. What we are suggesting would be what you want. You know some people like to live in. Nebraska people to live on the coast. You know some people like to live in New York. It's just. You know really quality of life is really important honestly now if you can be successful closer to where your family is, that's what you want. Be Somewhere that you like. Versus you just telling me I wanNA have a Medicaid practice in Houston somewhere on. And will we know where the Medicaid markets are? We can go on very easily, but really financing in place in having a general idea of who you serve is a is a good enough. Start for us to kind of you know. Ask the right questions to Kinda. More. Drive Times so important. Do you really want to be spending our? Every. Forth Yeah that's true. That's true. The quality of life and do you do do you like? Rodeos, do you WANNA be in Houston fool? No Yeah That'd be up. So I WANNA? Ask You some questions that I just want to get to your head, but to the head of someone who isn't totally involved on the clinical side of dentistry right. right now. Peter Will. What would you like to see more from dentist? You're asking if I were to. Visit a dentist myself. Yeah like this. Is Just you you right now? Like okay. What do I wanna see more from dentists. Were security kind of comes to mind. I do think that a lot of Dennis have gone through school. They're extremely intelligent. People It had years of additional education on top of their. Top there. Your Undergrad Sometimes especially on the groups that we're in. There's a lot of worry about what's going on right now. It was covered. And a lot of times these are the leaders of the communities. In a lot of ways, not only financially. They're employing a lot of people. Generally, they're. They're out in the. Out. In the community very active and all that stuff. Right now is obviously a much different time than any other time the In our country. With especially in Europe shirt. So I. Think it's I think it's really important to you. Know, maintain that positive outlook as much as also, and that's not even just on the business side is just you know in general That that does. You, know popping on my mind when I when that question comes up because. You Know Dennis leaders a lot of the ways in. A positive outlook whether or not it is. Warranted or not sometimes can help other people. Of the community in general maintain a a healthy mindset metality. So that year, two or three year know six months a year. Whatever hopefully Ho covid thing blows over. There's been a lot less. Anguish from. A worry in anxiety and all that stuff. Mental health is a very big issue that we. Ever Yeah, that's true. Yeah, you're right. I think security's important but at the same time like being. I think there's a difference between positive and optimism right, and so like a renounced great time to be an optimistic leader in the sense of You know they're. They're open and then at the same time they're probably their practice is probably one of the safest place to be bt at the same time. Yet. It's super tough though you know. How you do. It Stefan as not being a dentist. Per, obviously, personally I'm not a dentist. Stuff to sit there and say usually optimistic, and you should be a positive win. You know. Maybe you're not in office and. Seeing potential patients could be sick and potentially gilead. Yeah. It's hard to maintain that. Very understandable. That's why I think like the same here same here I think sometimes. We can't really say like come on like everything's may be positive. You're the best right now. Just kind of be like. Hey, there's a light at the end of this tunnel and that's optimistic like his life, but if you're trying to be positive whole time being like there's nothing wrong, and then, and that comes off was kind of like meant. Shut up. Right. Now Okay so then, what do you hate or dislike about dentistry right now? We'll..
"real estate group" Discussed on The Dental Marketer
"Don't related. It's not something that we should focus on a whole bunch. We will in the future once you can find. A reason at a good thing to be providing is really what we haven't. Found founded this point, so we gotta try to stay away from that. We don't want someone. Twenty grand to do something that's not. So how much you guys normally church for! The? Number of usually it's someone was going to ask us to renegotiate a release. We property well. Homeless Save Them on this is Brad acquisition on the buyer side. Gotcha Gotcha. Parts, Costar commissions paid for through the commission, said abide for the landlord team and A. Team would be US Gotcha Gotcha okay so then. Another quick question. What should we keep in mind or like? What's the difference in the data? If we want open a pediatric versus a general, like are the number. One to. I don't know six thousand or four thousand. Was that still the? Just general thing that applies okay for everybody or is it? Is it different data for pediatric specialists versus a general practice? Yes so for a pediatric dentist. For example we usually look at age populations up to like fourteen or so general ministry goes up a lot higher Is kind of eighteen and under Kennedy more orthodontics going on. To thirty. At. The end of the day. What we're trying to do is just. More or less be under teaming, provide you with information so that we can sit there and say amateur. Looking a site on this side of Austin virtues decided Austin under five to ten miles apart. Here's all data points that you need, and this is basically saying. This offers a little bit more than this potentially offers, so we're not really pushing somebody. One way or the other day were providing them all the options that are out there in the market and the data behind each one of those options of so the. Day with our expertise can also make that good decision but the data points for like. For example. If I'M GONNA, go find it in Domic's Office for somebody. It's definitely a different process than if I'm going to go find a pediatric location for somebody. Specific ended Onyx we can say. Our goal here goal here is to find as many referral offices, and his few competitors possible so the same. The same example is in Austin if there's one set of town, a versus another side of town with you know thirty verbal offices within three miles and five hundred onyx on the other side of town. There's of Ivindo Donna stand. Ten referral sources you know it makes it pretty clear, cut and dry which which which office we should go to. How? How do you find these numbers like? Do you guys use? For example gone to be down. Near Beer or It's been a lot of work on state so again we know going back to our initial conversation that we wanted to provide something. That was a little bit different than standard silo caterer. A real estate broker so at this point we've basically. Located in verified, probably half of the Denison, the United States and most are going to be in your major markets so when you say I'm Hey Peter. I WANNA go to somewhere Houston. we have the ability to pull up a basically a map that shows us. OFF NAPA, know. This area is dark, Reddish series light red. Dark Dark Ribian better by red in worst on how we find that information is through multiple different multiple different resources google is one of The the boards websites are one of them is like six or seven hundred entire team. That does this. All Day every day they sent their. Is there call opposite mixture they exist in a lot of. Smaller towns a A dentist world like this house is A. Walk was. Number Kinda messes up installation. Rubio is really look into it. SO THAT'S A. Without going into too much detail about how? How he gathered information. It's a lot of work at the end of the day and it said it's. Intriguing it's accurate in. The most important thing that we do. Is backup numbers with actual location so if we did site specific report in Los Angeles location. Will. Literally list out. The location. In, a, she'd been part of our part of our report. So you go through their say, Hey, Peter these. I think it missed one and will say well. Technically, that's an orthodontist. Your general dentist didn't include that one. But it's really their information that we provide provided there to double check are information. And again you know it's kind of part of the team. You don't really WANNA. Make. Pushing, pushing you in one direction or the other disappeared, provide the data in the. Decision for you and all that kind of stuff. Yeah, yeah, because I was thinking I was like I. Wonder if you can. Maybe, do it like on your own use, Google, you know what I mean like. How much is the population Houston, and then after that you kind of say okay? How many dentists are there and then? And there but then. I mean it's not. That easy right because you can. Take. Would take you a long time to do that. especially like an area like Alabama, your you know within three miles. There could be a couple of hundred dentists so. And dougal also is not the best. It used to be used to be a very easy way to fine offices and verified. At been I think. Maybe, we had something to do with in changing their algorithm so sometimes. It doesn't office will be right there. office will be right there. It just doesn't pop up on game for some reason, and it's like well. It's right there. There are huge dental rupo wiser not showing up on Gable until you really get close in start digging in, but again there's no. Reason we have you know our guys that.
"real estate group" Discussed on The Dental Marketer
"Is everywhere has potential to basically. There's a couple of site that I'm working on right now. HOUSTON, that has six thousand one ratios on. It's pretty. Dense locate is a very a couple. Areas in. The Nashville for example them actually out prior Kobe was working with one of your podcast numbers on. The sides we found were. Really strong by the numbers, and he's doing really well in office today as In that same general market. The tough markets are easier to. Identify and they're generally very obvious. Dowse for work stuff. Austin stuff on for Los Angeles. San Francisco's probably Supernova. Reverses pretty obvious. It's more. The less popular areas are generally sometimes easier to be successful in. Catching. Does this stuff apply also with like? Acquisitions, or is it different for acquisition? AQUISITIONS are. On, this side of what we do. Acquisitions is not really something that we. He has our strong right now. The reason mainly is because it's hard for us to find value. End a product that we feel comfortable in the. Quote Unquote. Selling to somebody on the buyer side of an acquisition, and the main reason for that is simply because it doesn't really matter what we. Say is the price. Of a practice. because it's the seller that basically regardless of what the financial state is the seller that decides that price so. We will do a lot of data. We will soap I'm working on a couple products right now were acquisitions are going on. We're putting new visas in place, and before that they say hey, Peter, can you run a size from civic rewards for just going to get an idea of what this practice is surrounded by? Any competitors aren't all that kind of stuff for snow problem. Here's your. report. Here's all the competitors on that kind of stuff, so we definitely use the data for our clients to give them a similar research on a practice that they're acquiring. But We.
"real estate group" Discussed on The Dental Marketer
"You probably wouldn't take your think twice about it. Horrible would be. So you know. For an example, the Dennis population ratio for a lot of the areas of sugar land is like one per-, like six or seven hundred, so that's pretty low. But again that's also community where a lot of the people are very in tuned with their solutions in their community, so and it's also higher income area, so there's people that are spending more money on services. A lot of times, and So that's that's a tough. You know that's Kinda. in for me, suggested a civically first startup. So you know we're talking about specifically. Then that would be something that I would just avoiding win, and the reason for that as you go a couple of miles, east west South towards Rosenberg and you know find. That are three, four, five, thousand, one and. It's you know wouldn't be the same client base It's all focused on what that client. Themself that went that. Dennis is looking to do in their office. Oh. Actually done Mandel and get a eight thousand one ratio. You know to the South twenty miles to the east five or six. Yeah yeah, it makes sense right now. What cities or even states are like the best and worst? That's That's a great question, so. The best way to answer that.
"real estate group" Discussed on The Dental Marketer
"The what the ratios are. So it does definitely goes. It definitely goes both ways you can go into a market. Has Two thousand one one ratio, which is The you know the ADA requirement, actually drop down to eighteen hundred to one or something like. You can go in that market and do well as long as you're doing the correct research ladder consultants that the gas with. said the same thing. You just want to see your opinion against and make sure that you're not. You don't want to put yourself right in the. Of. My personal opinion, you wouldn't want to put yourself right. In the middle of thirty offices that all have five star ratings with three hundred reviews of the. Your bread you. You're like I got guys, yeah! But I never honestly never thought about making that type of research where it's like. You know like okay. Let's let's look at all the offices. Check out reviews and see what they're doing right because it gets so much else is like trying to evolve. You're trying to think about so I think the first thing is. would. You recommend the first thing we need to do is? Decide what type of office we want to before we actually locate the place. Definitely, that's different. People have different interests some people want to serve lower income communities. Some people want to serve people. Some people want higher income higher You know like a nicer office that is just basically more cosmetic focus, and all that kind of stuff than some people do. What were those of people wanna see ed children do be a pediatric dentist, so each one of those data sets are different in our is I'm not going to. Run the same type of report to verify ten sites for pediatric dentists Van. I would for a general dentist for example. Yeah, it's. Like that because Sometimes. I feel like. You know how we're starting practice, or you're already in the practice right and you've been practicing for a couple years, and then you kind of thinking like I want to transition to fee for service, but it's so hard. Would you say sometimes like the numbers of the data showing? It's like hey, it's just not gonNA happen for you like I. It's too late like you should have thought about that before, or can it still be possible? It can, it can always be putting them in. There's guys like you know there's there's great. consultant for of great marketing teams out there. They could definitely give you a boost so. It's really driven by the person in my opinion. Some people that we work with say I. Don't even care that there's A. Number of clients or other competitors in this market I'm GonNa go there anyways and I'm GonNa. Still other competitors all their clients. Very ad de driven. You know you've done the assessment. Is Basically is personality assessment, but this is a very driven. Dominant personality There's the other side of that coin. That is a very. Nice way to put. This would be that. They care more about people. You know they're they are interested. In can be opposite that. Yet again it's Bergen image I wouldn't tell somebody if they wanted to switch. That's not my expertise. We yards experienced before that point so we'd definitely leave if they do get to that point. There is a little late to Munich honest probably. Already in their. Stuff, but it's interesting, though because it's it's something to keep in mind when you're hearing advice from like other people who are like I. Guess like Oh. Yeah, you can do it. You can be fee for service or whatever right, but it's like. The cards more in their favor. You know what I mean like. Is the location setup better I mean. That's something I think we should like everybody. Listening should always keep in mind when they're. Always think about the accuracy of the information that you're getting from right from somebody in the sense of like okay. What's like background where they located? Is it okay to do that? You know what I mean i. mean in the sense of like Oh 'cause he's located in the middle of nowhere. There's like no other practice. That's all you can be. So. To me I think that's that's something to keep in mind. Is there such thing Peter as the perfect data like the perfect location? Have you found that where you're like? Oh, my guy if somebody were to open something here right now. That'd be perfect. Yeah there are. You know nothing's perfect obviously. There's there's people involved something. There's always the chance that you know. Something can happen in that that practice cannot be successful, but we'll take. One of our one of my favorite glands is actually A. Have about twenty locations right now. They're all very different. Some of them are more fee for service offices. Most of them are are fear service type. More taxes than deeper service, and then they also have a bunch of Medicaid is practices. But their specific goal is to find markets with. Ten thousand people, and maybe one or two competitors. For their Medicaid Tech Wreck Susan for their, so if we find that and they have been successful in the past in that same type of location, they are comfortable with going to that Saint and that goes for busy with office. But you know the perfect location I think definitely does exist. If there's one hundred ten Dana. There's a hundred thousand people within ten miles under the only dental office. You really better be successful, alert or something. Else going, wrong. Ed! Probably, something in your personal life your. There's something going wrong there. Actually. I ran into that very recently at not the not the. Latter of that. But the you know the fact that there's other there's a location with this guy has a hundred thousand people more or less than he's A. He's a specialist and there's no convenience specialists. About. Gotcha I think. He said it was about. He said it was almost a hundred miles. Have not to verify this information headstone. I'm kind of unlike. Find out as that's real or not. but that's a location that I'm like. Man You need a jump on that very quickly. Or someone else does visit. Time is of the essence in some point, it will happen. Yeah, yeah, man, it's so it's right now What would you say is like horrible numbers? Horrible data like if somebody were to give. You or somebody WHO's doing? START UP? Wanting to open a practice this.
"real estate group" Discussed on The Dental Marketer
"Less dense area dentistry wise. You know and as a startup we like to give them the best opportunity in in. There's an area with. Eight minutes in a bunch of people in this area with twenty minutes on a bunch of people and visits pretty much the same. It helps us say air. You're probably what you should do. All things considered all things equal you know disability, anchors and stuff so really were real estate group, but were driven by data. Necessarily helping been successful at this point, we've done probably a thousand practices and. They haven't. Had any failures naturally that makes it makes us feel like. We like to. You know make our clients have been. Successful. So then before doing the start up like. I guess how important is that or what's like the main data? They should be looking at. Let's say for example. They're trying to do it on their own and they're. They're looking for a practice. 'cause I've heard to two sides of this. I've heard like or I've seen two sides. Sorry, not her I seen some. I guess. Potential new practice owners kind of ignore that data a little bit. And then they still are kind of doing good. I guess thriving. But then in the back of my head, sometimes I'm thinking. Would you have done better? If you were in a different location, right, we would have no. You don't know what you don't know. And then at the same time. I hear the other side where it's like. Oh my gosh. I'm in the most saturated place ever strip and there's three. People here are dentists. This is this is killing me, but I gotta try to happen now because I mean you know you're stuck with it. Both ways yeah, so what data should? What's the data to look at here? Is really going to depend on what you're wanting to do so if you're if you're trying to service office versus a Medicaid Office, the data points that were there were looking at for breach of those also is obviously very different, so high, very high income, very low gun. population disease generally important. If. You're looking at it going into an area at Galveston Texas. For example, you're wanting to go into area. It is already. There's already a bunch of dental offices there. The numbers that you look at and say well, it's you know. The ratios aren't super good. But I kinda want to be there. Is there an opportunity for me to be there? Even though the ratios aren't good, we say well. Let's look at reports. We you know we we basically. We name put an address and all that kind of stuff next to every dental office is in that area, so let's let's go look at each one of these dental offices that are potentially your competitors and see if they really are editor, so galaxy defining examples like well is are the other competitors, not market websites Did it have Google reviews? Are Reviews Good? Are they considered like really considered a competitor like so few you know somebody. Wants to go in that market, and they are a strong driven very intelligent in the individual. It's really good at Seo and basically. DSO. Fifty locations or whatever they got their marketing down. They don't really care what.
"real estate group" Discussed on The Dental Marketer
"Hey do you like saving money and love amazing serve? Just, kidding, of course you do of course who doesn't want that right, so stick around to the end of this episode to hear an amazing deal by one of our sponsors all right. Let's get into this episode. Peter How's IT GONNA? Go over there in California. It's going pretty good. It's going pretty good over here. Where are you located at? I'm here in Houston, Texas. Houston Texas that's my. My, okay my home hometown is Rosenberg. Then I grew up in sugar land, and so he stand where he sner you at. Right in the middle of it right smack DAB in the middle of the midtown gallery. Area Downtown Midtown Budget, home, Here in the the good area like the area was like if I were to still be living there. I remember growing up I was always thinking like man i. like to move out my brother here, but then I moved. Seven eight years ago, eight nine I. Think to California Africa how many years now but anyways Ma'am I? Last time I went to his family was like super populated, and there's a lot of dental practices opening up in Houston and right or own others. There's thousands of I mean it's. We're in a good market. Texas continues to grow. Also positive growth rates and all that Kinda stuff. sugarland is is a tough market. You know if you're about Buckley's Rachel stuff. It's about down there. Really there's. A really saturated. Would you say? They continue to open offices down. There you know. Started the year to run I would. If someone asked I would say far away from. Areas around there. Yeah, we have a couple of members in our from grand marketing course, a couple of members who are. In Houston alone and when I talked to someone like. Oh, wow, you're like. A couple blocks away from each other you know, and then at the same time so Frisco. Texas is getting kind of. Populated right. Yeah the FRISCO dowse Marcus for worth You know there's it's. We, always say you know there. There's going to be a dentist on every corner. Basically, that's not always true. But you know. Dallas is one of those markets you know the DSL model on started there. So when you're when you're going somewhere you gotTA. Keep in mind that there's GonNa be competitors there, but then you guys like a shelf that can help people fix that that issue of how do I get dishes? Guy On every corner. A growth rates important. Obviously, that's why. Texas is still at not as every day. Yeah Okay So. I mean the reason why I asked these questions. Everybody because he's. He's really really really well known in this area like And finding the right practice free so before we get into that now Peter Tell us a little bit about your pastor president. How'd you get to where you are today? I actually group in Austin Texas. Great Place to girl up. No got a late runs right through it. Everybody's on the. Trail be enacted breakthrough now that kind of stuff. Graduated from West. Texas University. which is now Texas University. Had A pre law type criminal justice degree that I graduated with the idea of going to law school. At some point. Before I got to that point had actually founder of original company Thomas out on real estate advisors and Thomas Allen Approach me. With a kind of internship opportunity, you know twenty hour a week internship. That was really like a sixty hour week internship Go to that and. Slowly but surely Kinda started that justice information that abuse agreement or honestly he Put me in front of projects and let me see how big groups out there in the industry world are managing additional locations. At what they're what they're looking for. When they want to open a start and all that other stuff, it's really hard to to learn. You have somebody that's Willington by in Copy you on emails, and all that Kinda stuff so. That's kind of the how the whole thing started at this point. I'm here in Houston. Obviously you. Got The opportunity to choose market. It was either you know. Stay close to the family. which everybody's in Austin Bay more or less at my brother's actually at here in Houston, not with me. A resident had been todd hospital. Always funded. Get the background on all the the code stuff, yeah! It's very interesting a banal on your Houston Open. Mainly dentist bucket? Ninety percent of what we do here in our company is dentistry. But you know. Our reach at this point is national, so we're doing projects Nativity. some of the sub-markets area in Washington Kinda really wherever anybody wants to go so just. Starts Make. Reasonable decisions and Taking the load off the guys that have twenty thirty forty locations did not want to be doing landlords and all that kind of stuff. Too. It's interesting. Okay, so what's the name of Your Company? So it started his Thomas Real Estate Advisors. Longtime ago. About ten years ago five years ago, we needed to transition into a more than national. National. S Practice Day group and A. Side. Traditional, side we've seen as a real estate locating facebook page. Let's use is a blog to. Vigilante? Questions just like on your page. Someone, says something. Maybe it's maybe it's correct. Maybe the advice getting his. Is Close to correct her out of the opposite. Sticks points from the from the knowledge gained over these last few years and You'RE GONNA do. Gotcha Gotcha came in. So then that's that's really. It's interesting what you guys do and you've been with the company for over ten years. At this point I've been with the company for five years I believe. Of You do sixty seventy hours a week. That translates into. Somebody years? Basically basically about a retired, but it was good man. I think that's really good that. You have a lot of experience in that in that area so. Tell me right now in that company or or just for you. What's your area of expertise for you? So. If you go back in time when we when we started Thomas, real estate advisors. We actually the company was started because we felt like we needed to provide. We needed to be providing more than just silence the Bank of America Wells. Fargo. What real estate will do is basically their site locators. Obviously we do fairly well on the commission side of this, so we thought. There's no reason for us to to not be providing more services to the dentist. That specifically has been targeted around the data side of that. So for the last probably six or seven years we've I would say we've been a leader in the. The demographic side of Word Open Office, and wide open office. In our specialties. In data mining. So, what does that mean Basically the. Ablation ratio longtime ago we were sitting in offices and and. When I started as an intern it was. Counting starting numbers of dentists within a certain mile, radius. To provide, you know example, general group with a location that was backed by some data and slowly, but surely we article really smart guys that allowed us to. Basically automated that, so you look at. Pick biggest spot in California Fresno. At this point, we're able to basically in a few days to provide a hot map of Fresno says curse every Denniston Fresno. Here's over is overlaid with a demographic information like population density incomes, and all that kind of stuff we can say this part of Fresno is a little bit to to. Meet in a seer or there's a lot of this year and. Also very specific on what what level you are in your career in our union. In this part of Fresno is a less less dense area dentistry wise. You know and as a startup we like to give them the best opportunity in in..
"real estate group" Discussed on WDTK The Patriot
"Financial freedom today we have a guest couple from Dallas Texas who are on here for a couple reasons one because it's been good members for a long time and secondly because they're of got one of the properties is going to be on our DFW masters bus tour coming up October twenty six now explain you what this means once a year we go to Houston to Dallas and San Antonio and we picked four of the nicest properties we have a different variations so we'll have a class C. class B. class they will have a small one we'll have medium size will have a large so you can see the variety of different types of investments and we we all load up on a bus on Saturday and we go round we see all the properties and get to work and we get the financial information everything that we come back to the office in the we have a debriefing we discuss what did you learn by going to see these properties well what did they change what with the money making differences they made that how work and so on and so forth which ones you know seem to get the most bang for the Buck compared to the others and the whole bit she's really a super learning live learning experience now the day before that our fries billable fun time on Friday night which would be Friday October twenty fifth in Dallas we're going to have in our office a **** del on location type of event which is really dry a cocktail party and unity come in there's going to be all kinds of things to eat and so forth snacks whatever the server these things but most will you be there to build ask me questions and work through whatever types of difficulties you might have been your investments and get your answers live from the along with losing everybody else's questions which sometimes people ask questions you wanted to ask you just a free Dassel we've got double beds to events Friday October twenty fifth for the S. dell a location and then we have October twenty sixth Saturday the masters bus tour song that message both to we have four properties one of the property is going to be highlighted is owned by Cornell and Vivian Williams who are here with us on the show today to share their experiences as real estate investors welcome to the show guys hi gale bank login morning good morning welcome to the show and for everybody here you join back when two thousand eight I believe it was yes the fact that we do I way back in two thousand eight how do you still live in Mansfield we still live in Mansfield yes we do where is that relevant to to the Dallas it is about thirty miles southwest of Dallas we're real close to Arlington so a lot of people Arlington stadium the stadium there in Arlington and so we're about twenty minutes from now the cowboys state okay I got you well good to have you on today and glad you can share your story with us as always I like to start people back at the beginning you how long you guys been married we've been married apparatus and after that we've been married thirty one years this past July okay Cornell she just put you on the spot there didn't she I'm not sure we got I'm sure you would you got that one right Cornell you would have to do I feel that with but that's okay will undertake that went so thirty one wonderful years and what place in the marriage how long you guys been married would you cited or started thinking that there's got to be something else for us other than just working in a corporate job the rest of our lives share with us how you guys started thinking about that a lot of families out there right now you know during that point they're just starting to realize it it is it gonna be what they thought it was going to be there was something different tell us how that came about your family well we we probably probably a little unusual from most lifestyles members we actually started doing real estate before we even got married we met in a real estate investment group and hit it off in that group first and then Cornell actually started buying a few properties before we got married and then we got married and build on that wow thirty one years ago there was a real estate group that's unbelievable I wonder if it's anybody I even know are they still around still live in years later that out log group it was very very small group and it didn't last long because we didn't we didn't have the roadmap at that ten I guess because of the store will local thing yes exactly all right well that's good we should get started you got a couple properties and you've dealt and so you guys got together you're in interest in real estate now thirty one years is a long time before you end up here on our doorstep in two thousand eight so right now it's two thousand sixteen it's eight years ten years ago so twenty one years into you found us what did you do during those twenty one years into you found us what what was going on how many properties do you buy and what was your thought process behind buying properties at that time well at that and we both actually when we first started with we both had corporate jobs I worked Ford Motor Company by the way we are from Michigan a we were in Mexico I worked for Ford Motor Company and my wife he worked for a firm that I the plaid Ford Motor Company with mold so at that tam we still do we want to do something else so we started banyan opening of family houses on the side but it really wasn't until we actually left Michigan and relocated to Texas lifestyle that we really really started moving in the direction that we really want to go with real estate were you transferred or you just decide to make a move we just decided to make a mole retired retired after thirty years before and we were looking to come someplace warmer than Michigan and so we have family here in Texas and that's kind of how we ended up here in Texas so what do you do the properties you have back there in Michigan we actually sold a mall but even not at that but to we still actually online one thing up and the house there and mall eight unit apartment that's a two family but we all know that it's a two family property and eight units yes wow it's amazing I didn't know that she learned something new about somebody every time you interview so you still have family back in Michigan the take care but you take care of yourself from here well we actually do part of it but currently I stayed up I had family there unfortunately the person that used to manage it from a my brother passed away a couple of months ago those are you know I had to move to get now I manage to make on this management company exactly managing that right now I got you all right so when you first came to Texas what year was that your member two thousand seven they moved in and how did you hear about lifestyles a limited well that's my wife so I had to let her answer that well I'm a I'm a real big talk show junkie so I was listening to the radio and talk show and a commercial came on for lifestyle and we really were looking for some type of way to tap into the Dallas Texas market being new to the area we really didn't know much about it so I was kind of already trying to find some type of way to to tap into the market with people who knew the market so when I heard the the radio program my ears perked up right away hello I was very excited very excited and called for now and that we need to go check this out because I think this is this is what we are looking for so that's that's how we we found my style is right on the radio actually well we're going to take a short break when we come back we'll have Cornell Vivian talk to us about what they got out of their first experience with lifestyles and how it drove them into the apartment business it till then if you'd like to call and ask them a question our number here's eight seven seven seven eleven fifty two eleven remember now I mastered bus tours October twenty six Saturday that's in DFW knocking when miss that either we'll be right back with Cornell Vivian waves at the dell wanted radio show.
"real estate group" Discussed on Clark Howard Show
"Your children do you know what five twenty nine account is i do i do and thankfully we've been able to contribute to five twenty nine for both of the kids so i would add the money to their plans okay and you want to own the plans not either of your children so since you are dual named on these you can just take the money and put them into the five twenty nine points that you own okay can i ask a follow up question or my other thought was i'm anticipating as i said college education and possibly graduate school and even medical school beyond that outside of those opportunities for the kids i was thinking about a down payment for a house with this small starter fund a believe it or not especially with all the education you said is likely in your family i would put the money in the five twenty nine's okay because the dollar need for undergraduate school potential graduate school then you go to professional school for medical i mean you're talking with a lot of zeros for all to issue for those years the five twenty nine where it's at right well best to you thank you i appreciate it far and we're speaking now with tom tom it's great to have you here on the clark howard show thanks clark hey i'm a longtime listener and first time caller i appreciate you having me on schumer everything that you you and your team do for us well i understand you're interested in one of the real estate groups where you pool your money with others to buy individual properties is that right yeah i think so so you know i have a good problem basically fortunately on debt free and i'm looking for investment options you know beyond the typical roth ira and 401k options then you right there you maxine out yes sir i am all right so you're a matt saver you're my kinda guy you're saving money like crazy yep trying to trying to and and i'm just looking at diversify my portfolio and you know the reit's looked interesting especially these online types that you know advertise lower fees and lower you know barriers to entry so just wanted to get your thoughts if they're legit and and how you feel about him as an option so to me they're kind of a hybrid between you owning an individual property or properties that you would manage rent out or being in a widely diversified real estate investment trust so the fees depending on which one you go to tend to have fees of one to two percent per year and also may or may not have a fee for starting up up okay is an alternative if you were going into like a a read itself you might find or read index fund you would likely get more diversification and end up with much lower costs if he were to do that and so that is just a thought for you because the expenses in a lot of the re exchange traded funds are under point two percent per year so basically free vanguard which is the lowest cost provider is point one point one to actually which is that essentially free investing so okay i liked the idea you being as diversified as possible if you're going to go in any kind of real estate investment trust where there a lot of different properties not very narrow focus because there's more risk up and down with a narrow focus and also don't.
Iraq holds its first parliamentary election since IS defeat
"This is bob with newshour from the bbc world service iraq goes to the polls on saturday it's a country that has been smashed by successive wars since the nineteen eighties sectarian wars between shia and sunni muslims culminated in the rise of the jihadists of these i'm estate group who had defeated last year many iraqis are hoping that these elections will be a turning point that iraq can rally and reunite after the trauma of islamic state but sectarian tensions could be found again and the us and iran are deeply involved in iraq and the tension between them could affect iraq's precarious peace how middle east editor jerry bohan has been to mosul iraq's second city on the center of the fight against these logic state group.
Park Ridge, American Soybean Association and China discussed on Bill Leff and Wendy Snyder
"Enterprise scrum at park ridge was stabbed in the neck in the four hundred block of north state police have reviewed video footage and we're looking for a homeless person so far no charges have been filed kim gordon wgn news the american soybean association a lobbying group that says it represents twenty one thousand us soybeans producers says china's proposed twentyfive percent tariff on soybeans would be devastating and quote to the us farmers china's the largest consumer of your soybeans and buying about a third of all us soybean production each year some loyola university faculty on strike today they've been trying to work out a contract with the school for two years now they want to start a union instructors in the college of arts and sciences and the english language learning program started picketing and rogers park frank bad bet is one of the representatives sticking point is really the the the the ability for us to have job security and to have greater autonomy with with our teaching workloads they're being supported by students from the not my loyola movement adjuncts haven't seen a raise they say in a decade even as tuition has gone up fifty three percent so mixed signals from the white house on syria the white house says the us military mission to a radical islamic state in syria is coming to a rapid end but offers no timetable for withdrawal president trump yesterday said he wanted to bring troops home to start rebuilding the us today white house spokeswoman sarah huckabee sanders says the us and its partners remain committed to eliminating the small islam estate group presence that continues in syria marches and rallies in memphis today to commemorate the anniversary of dr martin luther king's death wgn's ryan burrow is there people have come to memphis from across the country for various reasons to celebrate fifty years later justice his legacy the racism is still alive.