Charlotte Real Estate Talk Pridemore Properties

Scott Pridemore and Mike Hege discuss Compass Bridge Loan Services which provides clients access to competitive rates and dedicated support from industry-leading lenders, with the exclusive option to get up to six months of your loan payments fronted when you sell your home with a Compass agent.


I would tell you the largest majority of homeowners do because we have seen a lot of appreciation here in Charlotte and there's a lot of equity tied up in their home. (0:56)






Compass Bridge Loan Services https://pridemoreproperties.com/bridge-loan


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Pridemore Properties


6715 Fairview Road, Suite C Charlotte, North Carolina 28210


10224 Hickorywood Hill Ave #101b, Huntersville, NC 28078


704-562-0792


Scott@PridemoreProperties.com

Scott Pridemore and Mike Hege explain how much the Compass Concierge service can benefit clients when selling their home.


What's the difference in selling my home wholesale versus retail? (0:34)


We'll buy your ugly house right. Now, it's migrated into we'll buy any house, but we'll buy it at a fraction of what someone will get in the open market. (1:21)


If I had to guess a lot of the folks that may go the convenient route are also the same folks that really are not understanding their true value. (2:03)


Time and time again, we're finding sellers are making more and keeping more in their pocket by going a retail route. (3:05)


We have a program internally where we provide the capital and the up front cost. (4:09)


Landscaping, paint, carpet and staging, just those things alone can bring so much value to the consumer and back in the home owner's pocket. (5:21)


We're adding convenience to retail. So, if it's really convenience that people are looking for, then our solution effectively nets them more money. (6:49)


Compass Concierge https://pridemoreproperties.com/concierge


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Scott Pridemore and Mike Hege describe three ways that buyers can remain positive and calm in a competitive seller's market.


What are three ways that buyers can stay positive in a seller's market? (1:13)


Sometimes the first way that comes to mind might very well be the approach. (1:44)


It's always a good idea to try to identify your preferences from the beginning as just as a general framework. (4:19)


The good news is you're looking for one, you don't need five. (5:30)


If there's 15 offers on the property you may want, that means there's 14 other buyers in the same general geographic area. (6:12)


Their perception of what they can get for their money or can't get can sometimes slow things down. (7:15)


Let's talk about number three, be open to a home that may need work. (9:06)


Where you live is important and the box isn't as important as where the box is located. (10:55)


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Scott Pridemore and Mike Hege answer the question, are we in a real estate bubble?


If you lived through as we did and practicing real estate in 2008, 2009 and 2010, that was a very different time period in history than it is now. (0:44)


So another factor that was in play in 2006, 2007, 2008 when the bottom fell out, was the fact that you had plenty of inventory then. It wasn't a matter of shortage, which we're in today. (2:11)


Another layer that we have here in Charlotte that we didn't have to this degree in 2008 is the influx. Certainly people were moving to Charlotte, but I would tell you the influx that we're currently seeing is probably 10X what we saw pre-2008. (5:02)


This may be a shocker for you listening, but we are still in the metro Charlotte area, an undervalued city as it relates to the major markets all across the country. (7:27)


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Scott Pridemore and Mike Hege break down buyer and seller experiences in the Charlotte real estate market.


So if you've entered the market, you're really not too late. You're kind of in a perfect time where inventory is constantly coming on the market, but the reality is, there's not enough supply to equal the demand. (1:13)


If the buyer's looking right now, obviously we pivot and we're very proactive. We see properties right away. We're customizing a strategy for them to win in this current climate and that's what it takes to succeed. (3:11)


We do ask, 'what do you like most about where you live now.' And, if they do speak to parks, if they do speak to walk ability, then, you know, we have certain neighborhoods that we know match up with that criteria. (6:26)


When you have a buyer that's identified the right location for them, they're ready to make an offer, walk through, what is the process like of how you customize the strategy (8:26)






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Scott Pridemore and Mike Hege return for a new season of Charlotte Real Estate Talk with some exciting news.


So many people are moving to Charlotte from mega markets (1:27)


100 people a day are moving to Charlotte every day (1:50)


We've joined Compass (3:26)


Compass has a lot of programs to take pain points and friction points out of the real estate transaction, through the use of technology, financing programs, home improvement programs (4:56)


We've added a new office in Dilworth (7:35)


Website: https://www.pridemoreproperties.com/


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