Chicago Real Estate Perspective Dave Nimick
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- Business
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Real estate is a topic that is important to everyone, for many reasons. Each week, join Dave Nimick as he cuts through all the noise to deliver you the unfiltered truth about the Chicago residential real estate market. Whether you’re a Chicago homeowner, a renter, actively in the market, or just enjoy keeping up to date with what’s going on - If you want to know the difference between what's REALLY happening in Chicago real estate instead of all the fluff out there, this is the podcast for you.
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Dave Nimick: June 2023: Interpreting the Market
In this episode, Dave discusses the current real estate market through May 2023.
Key Takeaways:
So far, the northside neighborhoods have had a better year than much of the city.
As a whole, supply is down about 15%, but demand is down almost twice that across all of Chicago.
Interest rates are driving both the low supply and the lower demand.
Supply and demand for condos is not as hard luck as for single-family homes.
"Affordability is driven by interest rates. And so if interest rates go down, then that is going to help sales, shorten market times, and sales-to-list ratios are all going to be better. All those things are going to be benefited by interest rates falling." — Dave Nimick
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. -
Dave Nimick: Tales from the Real Estate Market {May 2023}
In this episode, Dave discusses:
Stories happening in the Spring 2023 real estate market.
What makes this year different from prior years.
The inconsistencies in the current market.
Understanding what you want during your sale or purchase.
Key Takeaways:
You want to work with an agent who listens to what is most important to you and understands the market in your selling area.
Consider leaving a couple of days open for showings and trust your agent to run the scheduling of those showings. Keeping the home clean and show-ready is easier if you aren’t there.
When an agent does a detailed, in-depth market review, it will do better because it will be priced right for the market.
As a real estate agent, if you have relationships with the trades it can serve your clients, especially those out of state, in ways they may not have considered.
"It was priced well, it was staged well, and it was in good condition. And I will always say that when those three things are in place, good things are gonna happen." — Dave Nimick
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. -
Interview with CFP Ed Gjertsen: Real Estate & Overall Financial Health
In this episode, Dave and Ed discuss:
Why you should consult a financial professional when buying a home.
Active engagement on behalf of your clients.
Areas homeowners might overlook when purchasing real estate.
Real estate investing.
Key Takeaways:
Your financial advisor can give you guidance, but, ultimately, it is your decision. They are the coach to your decision-making quarterback.
Most people are misaligned between their estate documents and the title of their homes.
Every client and every home are unique. Working with a financial advisor can assist with helping make the decision of what will work well in the long term, rather than the here and now.
Get the HELOC on your home before you retire. It gives you an additional tool in the toolbox and is easier to get before retirement when you no longer have a direct income source.
"The better we know you financially, the better we can guide you." — Ed Gjertsen
Connect with Ed Gjertsen:
Website: https://engagewealthgroup.com/
LinkedIn: https://www.linkedin.com/in/edgjertsenii/
Twitter: https://twitter.com/EdGjertsenII
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. -
Dave Nimick: Top 5 Questions to Ask an Agent When Buying a Home
In this episode, Dave discusses:
The top questions to ask an agent when buying a home
The deeper dive insights into the questions you are asking
The answers you should be happy to hear, and the ones you should be concerned with
Dave’s responses to each of these questions!
The 5 Questions (and a bonus!):
Will I be working with you or with someone else?
How available are you for showings on short notice?
How many homes should I see before making an offer?
What happens when I’m ready to make an offer?
How will you present my offer to the listing agent?
AND … How will you help me navigate a bidding war?
"Don't necessarily be encouraged if the agent says that they can drop everything - because for any quality agent, it's just not realistic nor is it a sign they do much business. That said, they should definitely prioritize you and your needs." — Dave Nimick
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. -
Dave Nimick: Top 5 Questions to Ask an Agent When Selling Your Home
In this episode, Dave discusses:
The top questions to ask an agent when selling
The deeper dive insights of the questions you are asking
The answers you should be happy to hear, and the ones you should be concerned with
Dave’s responses to each of these questions!
The 5 Questions (and a bonus!):
What are the drawbacks of my home? What makes my home stand out?
How do you interpret the market and know if it is changing?
How did you arrive at the list price? What price would you recommend if I was in a rush? Or if timing wasn’t an issue?
What kind of buyers will be interested in my home?
How will you help prepare my home for photographs and going on the market?
What is your average market time? What is your average sales-to-list price ratio?
"The best approach for agents is to always just be straightforward with your clients. You as a seller deserve direct and honest answers." — Dave Nimick
Connect with Dave Nimick:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. -
What Top U.S. Real Estate Agents Saw in 2023 First Quarter
In this episode, Dave, David, Kelley, Brittany, Chip, Jessica, Diane, and Christine discuss:
The types of market agents are seeing throughout the country.
What types of inventory are available depending on the region.
Multiple offer situations.
The changing demand over the last couple of years.
Area-specific challenges faced by buyers and sellers.
Why pricing always matters.
How interest rates are affecting the various markets.
What $1M will get you around the country.
"It’s important to know the city in and out, especially when working with clients because you know more about the city than they do, and that’s how it should be." — Brittany Walter
Connect with David Quantrell - Seattle/Tacoma:
Website: https://www.theqteam.com/
Facebook: https://www.facebook.com/theqteamre
Connect with Kelley Solberg - Silicon Valley:
Website: https://kelleysolberg.com/
Facebook: https://www.facebook.com/KelleySolbergRealEstate/
Instagram: https://www.instagram.com/team_kelley_sells/
Connect with Brittany Walter - Los Angeles:
Website: https://www.brittanysellsla.com/
Facebook: https://www.facebook.com/BrittanySellsLA
Instagram: https://www.instagram.com/brittanysellsla/
Twitter: https://twitter.com/brittanysellsla
Connect with Chip Parrish - Denver:
Website: https://www.discovershelter.com/
LinkedIn: https://www.linkedin.com/in/chip-shelter/
Connect with Jessica Licona - Austin:
Website: https://liconateam.com/
LinkedIn: https://www.linkedin.com/in/jessicalicona/
Instagram: https://www.instagram.com/liconateam/
Facebook: https://www.facebook.com/liconateam/
Connect with Diane Davidson - Boston & Southern New Hampshire:
Website: https://finehomesgroupintl.com/
LinkedIn: https://www.linkedin.com/in/dianedavidsonre/
Facebook: https://www.facebook.com/finehomesgroupinternational
Instagram: https://www.instagram.com/finehomesgroup/
Connect with Christine Graf - Central Florida:
Website: https://linktr.ee/christinekgraf
LinkedIn: https://www.linkedin.com/in/christinekgraf/
Facebook: https://www.facebook.com/christinegrafrealtor
Instagram: https://www.instagram.com/christinekgraf/
Twitter: https://twitter.com/ChristineKGraf
Connect with Dave Nimick - Chicago:
Website: https://thenimickteam.com/
Email: dave@thenimickteam.com
YouTube: https://www.youtube.com/channel/UC4WqeMs62CL3T5P-w6ncqbQ/videos
LinkedIn: https://www.linkedin.com/in/davenimick/
Facebook: https://www.facebook.com/thenimickteam
Dave Nimick is owner of The Nimick Team, Inc. with Keller Williams Realty
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
Customer Reviews
No-fuss, no-fluff insight into real estate
Aside from Dave’s natural charisma, which undoubtedly comes from his uncanny ability to put himself in his client’s shoes, Dave hits on relevant topics that we are all thinking about, and dives in just deep enough to provide the core understanding that we need to make smarter real estate decisions. What you won’t find with Dave are overwhelming details that further complicate the matter to those not native to the industry or a smothering blanket of ear candy and feel-good colloquialisms to mask the reality. Dave’s information, like all good information, requires that you leave your ego at the door, just as Dave does, and approach real estate with a sense of healthy reality. It’s at this point that he shines, as he guides his clients down a pathway with fewer surprises, more peace of mind, and a higher success rate in your real estate purchase or sale. These podcasts are a must listen if you are new to real estate, or if you are just looking for a good honest approach to the industry. Thanks for providing further added value with these podcasts!
Curt Kessler
Thanks for the podcasts Dave. They drop every Thursday as I start my workout and helps me get through it. Keep up the great work.
Navigating real estate
Dave’s podcast helps the listener navigate their anxiety about buying and selling property. He identifies essential questions that bring decision making into clearer focus and cut through some of the noise surrounding real estate decisions.
Dave has helped my family through challenges involved in both selling and purchasing homes. His podcast is a nice introduction to what you can expect from Dave in such processes - clear, comprehensive and compassionate support.