Wisconsin Real Estate Today

John Gscheidmeier
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Wisconsin Real Estate Today

Wisconsin Real Estate Today is designed to equip you with the tools and teachings you need to succeed in real estate. Your host, John Gscheidmeier walks you through the "do's" and "do not's" that could cost you thousands! Built for buyers, sellers, clients, and realtors alike. Real estate can be a tough market to navigate. There is so much to know in such an ever-changing environment and John and his guests are here to walk you through this process. Your success matters to us and we want to help you! Tune in, subscribe, and spread the word if you enjoyed what you heard in this podcast. Be sure to let us know what you would like covered in future episodes - this podcast is for you! Check us out at wisconsinrealestatetoday.com or on Facebook!

  1. 6 NOV

    48 - Language Matters

    In real estate sales, language very much matters. Wording such as "Seller shall..." conveys a very different meaning that "Seller may..." etc. Oftentimes agents don't understand that when drafting an offer, drafting counter offers, or more, how this language could affect the sale down the road.  In this episode John and Monica Young, Transaction Coordinator, talk in detail about the way language can affect any sale - in a good way or create a mess as well. An agent's main role is to protect their clients during the sale. Having an experienced agent matters when it comes to language as well.

    28 min

  2. 24 OCT

    47 - Prepare For Market Volatility

    New data recently released would indicate that the next few weeks in the market could be very volatile when it comes to not only interest rates, but the financial markets.  In a series of lender releases, John extrapolates the data and provides a quick overview of what could be a very interesting few weeks in the real estate mortgage rates arena.  This is a quick podcast episode - filled with some technical data - with another update expected next week.

    12 min

  3. 8 SEPT

    46 - The Feds Next Move And What To Expect

    As eager Buyers start rejoicing at the news that the Feds are finally going to start initiating rate cuts, this episode covers what to expect and when to expect it. According to Reuters, "Federal Reserve policymakers on Friday signaled they are ready to kick off a series of interest rate cuts at the U.S. central bank's meeting in two weeks, noting a cooling in the labor market that could accelerate into something more dire in the absence of a policy shift." The reality is that if and when the Feds lower the interest rates, it won't have the exact effect on mortgage rates. If the Feds make a cut of, as expected, 25 basis points, it won't correlate to an equal cut in mortgage rates. In fact, and hopefully this isn't too disappointing for listeners, most of the anticipated rate cut has already been factored in to the current lowered mortgage rates.  Mortgage rates work similarly to gasoline prices. Gas prices don't go up or down based on what happened that day, most of the time it is anticipatory in nature. If there's trouble ahead, or a shortage, gas prices start elevating.  John explains further in this episode, so tune in and learn more.

    13 min

  4. 24 JUL

    45 - The Importance Of A Pre-Approval and Today's Lending Tips with Dustin Grenier

    Do you know the difference between a 'pre-qualification" versus a "pre-approval"? Do you only look at lending & mortgage rates as one number rather than an individual plan that is specifically designed for each person?Do you know that there is a stark difference between lenders and pre-approvals?  In this episode I am joined by Dustin Grenier of Epic Mortgage based in Brookfield, Wisconsin. Epic is a newer company in metro Milwaukee but the faster growing lender in our area. And for good reason - they are now lending in 11 states and offer a wide variety of programs from conventional loans, FHA, VA, WHEDA and more.  Dustin and John discuss the importance of a pre-approval, and the importance of the lender being part of the realtor's team. They dive into the differences between lenders and how their pre-approval might be different from others - especially some bigger banks & credit unions. Let's face it, an experienced agent will give Seller's the "pros" and "cons" of each offer's pre-approval they receive.  You'll walk away with some "best practices" and ideas that could get your offer accepted over others.

    27 min

  5. 22 JUL

    44 - Summer 2024 Market Update & A Buyer's Window?

    Summer 2024 in Milwaukee is a bustling place and time! The real estate market isn't far off from that description over the last few months. The Republican National Convention was here and gone, Summerfest was a success, and State Fair is right around the corner.  In this episode John unpacks the current metro market but these "stats" might surprise you. Comparing June, 2023, sales statistics to June, 2024, brought some good new to the market but not all good news. Believe it or not, we might be in a Buyer's window.  A "Buyer's window" I mean?  YES! Now might actually be the time - probably only for a few months - when a savvy Buyer makes the move to purchase a home while inventory is up, interest rates slowly starting to move, but more importantly, other Buyers haven't figure out NOW might just be the time.  Much depends on what the Fed decides to do in the upcoming months, but consumer prices are still up, rent is up, gasoline is up, food is up...seems to be the story of the last few years in our economy. Buyers are getting squeezed by inflation and home prices aren't falling. However, some sellers are actively lowering their prices, which is good news for Buyers. Could this be a Buyer's window that only last for a few more months before many other Buyers begin flooding the market? Time will tell, but join John in the discussion to find out more.

    18 min

  6. 27 JUN

    43 - The NAR Settlement - Debunking The Myths (Part 2)

    Part Two of Two - Debunking The NAR Settlement Myths and Rumors.  Hopefully you had a chance to learn about how we got to where we are today in Episode 42, Part 1 of this 2 part series. If not, you might want to go back and listen to that one first. Real estate agents have been licensed since the early 1900's. Since then, real estate agents have helped buyers and sellers navigate the complex world of buying or selling their homes or properties. In exchange, they have received compensation for their efforts. WHat has always made realtors different, however, is how they get paid.  The NAR settlement and lawsuits against real estate companies is not-so-simple, and is broken down by John Gscheidmeier in this episode. Tune in and listen to Part 2 and learn more about where the industry is headed after the dust settles - and it might not be as consumer friendly as the government thinks it will be.

    23 min

  7. 27 JUN

    42 - The NAR Settlement - Debunking The Myths (Part 1)

    Let's cut to the chase on what the National Association Of Realtors settlement is all about in this episode.  There are rumors and misunderstandings about what happened, what is happening, and what is about to happen. John will start by giving background on where this came from and what is really is, despite the media-driven rumors.  "NO more commissions!" is something we've heard from the media on this one and it simply isn't correct. Consumers have always had a choice in the compensation offered to buyers, their agents, and their own agents.  In part 1 of this 2-part series, you'll know everything you need to know about the settlement and what got us to where we are today. And yes, what John says might just surprise you.

    21 min

  8. 23 FEB

    41 - Municipal Assessments With Waukesha Assessor Sam Walker

    Municipal assessments can be confusing.  Oftentimes homeowners will confuse their city, village or town assessment (in some other places county) with their actual market value. Those numbers can be very different - especially with accelerating home values the last few years.  Guest Sam Walker, City of Waukesha (Wisconsin) Assessor joins John for a deeper dive into what a city assessment is, how it is calculated, and how citizens can become more involved in the assessment process. This is a podcast you will find interesting and will answer many of the questions you have regardless of where you live.

    42 min
See All (47)

About

Wisconsin Real Estate Today is designed to equip you with the tools and teachings you need to succeed in real estate. Your host, John Gscheidmeier walks you through the "do's" and "do not's" that could cost you thousands! Built for buyers, sellers, clients, and realtors alike. Real estate can be a tough market to navigate. There is so much to know in such an ever-changing environment and John and his guests are here to walk you through this process. Your success matters to us and we want to help you! Tune in, subscribe, and spread the word if you enjoyed what you heard in this podcast. Be sure to let us know what you would like covered in future episodes - this podcast is for you! Check us out at wisconsinrealestatetoday.com or on Facebook!

Information

  • Creator
    John Gscheidmeier
  • Years Active
    2019 - 2024
  • Episodes
    47
  • Rating
    Clean
  • Copyright
    © RE/MAX Service First, LLC.
  • Show Website
    Wisconsin Real Estate Today

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