Real Talk with Big Red Denise Petti

If you are a fan of HGTV, then you know and have seen with your own eyes what buyers tend to look for and desire in today’s housing market: the chef’s kitchen, the soaker bathtub, the large backyard, room for a home office, a workout room, plenty of space to entertain… and of course, all of it completely fresh, modern, clean, updated and turnkey….  MOST of us are savvy enough to know that most TV is scripted, even and especially what they call “Reality TV” - totally scripted - so the question we are posing today has more to do with the buyer mentality that these shows are (perhaps unknowingly) creating in today’s marketplace. Which is to say, buyers with more discerning palettes are finding themselves in quite the dilemma as they find themselves coming up against other buyers who place far greater weight and importance on simply winning the deal at all costs. Can beggars even afford to be choosers in today’s seller’s market? Well all of this and more is what we are talking about today on this episode of Real Talk with Big Red.

We’ve all seen it, we’ve all heard it, and many have experienced it first-hand… Real estate has been all the rage in 2021… In fact for the past year, who would have even thunk it, we’ve witnessed demand go from crazy to crazier! And what is wild is that it just keeps on going… inventory shortages, inflated home values, low interest rates, bidding wars, way over-ask offers, waived appraisals and inspections, cash deals…. It’s like the Wild Wild West out here... and is there any end in sight? Well, if any of this resonates for you, get ready to get schooled… because the current housing bubble, if that’s even what it can be called, is precisely what we are talking about today on this episode of Real Talk with Big Red.

Episode Takeaways:

- Why the bubble may not actually burst, plus ways to capitalize on the slow leak
- When it makes sense to pay cash and when to leverage with financing
- How to engage in this intense market without losing your lunch

Have you ever gone into someone’s home and just admired (maybe even resented) how clean and organized it is?

Have you ever watched Marie Kondo’s show on Netflix or read her book, "The Life Changing Magic of Tidying Up” and wished she would just come over to your hot mess of a house and help YOU spark some joy for once?

How about this: have you ever walked into The Container Store and started day-dreaming right there in the middle of Aisle Two about how clean and organized your house could finally be if only you could just get your proverbial stuff together?

Well, if any of this sounds like you, just know you are not weird OR alone… because organization and spring cleaning are EXACTLY what my in-studio guest and lifelong friend, Jenna, and I are talking about on Episode 7 of Denise Petti: Real Talk with Big Red.

All the world’s a stage, that’s what Shakespeare said. You know what I say? I say, all the home’s a stage! Hey, ya gotta love the English language… it's the only place where one word can hold two entirely different meanings.

Or does it? Because when you think of setting the stage, you think of setting a mood, a theme, a tone, and an arrangement of elements by which the cast and crew can easily and swiftly navigate… that is a performance stage… a place on which to perform… the place a performer acts upon so that an audience may observe and applaud that performance.

This is the applied use of a stage in the arts… and staging a home takes its inspiration from the arts. It’s a creative exercise in form and function, practicality and expression, a place to showcase beauty and wonder, creativity and comfort, and it’s all the talk today on this, our sixth episode, of Real Talk with Big Red.

You know how Zillow is the go-to search engine for all things real estate? Well, do you ever wonder how this digital powerhouse is impacting the real estate market? The value of your home? Even the long-term career outlook and job security for real estate agents?

I mean, if everyone everywhere is looking at Zillow, then what does that mean for literally any and every other real estate app, real estate website, real estate company and real estate agent? Is Zillow’s iBuyer model rendering the real estate agent irrelevant? In this current technological age, it’s a question worth paying attention to… After all, attention is the name of the game when it comes to modern digital marketing, and we all know… whatever the eye follows is where you’ll find people watching… and wherever the people are is where all the data lives. So by definition and extension, is Zillow actually LESS about featuring homes and MORE about data mining?

PRESS PLAY on Ep. 5 “Heading into Spring Market and the Inside Scoop on Zillow” to learn how Zillow has adapted their digital platform and offerings, the pro’s and con’s of this adaptation for real estate agents and the industry, and whether Zillow's proprietary Zestimate is a figure you can count on for an accurate valuation of your home.

You know how there’s a ton of pressure to have this perfectly mapped out retirement plan? That it has to look a certain way or yield a certain amount of ROI? Oh, and it better include a heaping dose of financial security because no one wants to be sideswiped by an emergency.

Well, what if your retirement plans looked a little… different?

My guest on today is Lisa Vicoli, a former real estate agent and now a recently retired IT Specialist for the Department of Defense. On this episode, Lisa and I are getting real about retirement strategies especially as it pertains to… you guessed it...Real estate.

PRESS PLAY on Ep. 4 “Real Estate Options for Retirement” to learn how to embrace retirement with purpose and strategy, the pro’s and con’s of renting, 55+ communities and condos and why twilight careers are a great option for additional income.

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Links mentioned in this episode:

Download Your Free Guide: 7 Steps to Becoming a Rock Star REALTOR® https://www.denisepetti.com/rock

Keller Williams Preferred Properties Virtual Career Night
on February 1, 2021 https://bit.ly/3oprSO6

BiggerPockets Real Estate Investing Education Tools & Networking https://www.biggerpockets.com/

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Have a question about real estate? I'd love to help you out!

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