George Real Estate Group Radio Broadcast
Decoding Real Estate Signals and Home Inspection Secrets
Unlock the door to savvy real estate decisions with our latest deep-dive into the market's currents and undercurrents. This episode isn't just a look at numbers; it's an insider's guide with the George Real Estate Group, as we shed light on the subtle interplay between interest rates and housing prices, making sense of when to strike and when to hold back in the competitive Western North Carolina and upstate South Carolina real estate landscapes. And for those with an eye on a career pivot, we welcome you to consider joining our ranks, where the art of the deal meets the heart of community building.
We also have the privilege of welcoming Jim Rawlings from Quality Home Consultants who, with an expert's precision, breaks down the critical necessity of home inspections. Like a seasoned detective, Jim walks us through the clues a house reveals upon close inspection, from the whispers of wear and tear to the secrets hidden in crawl spaces. In an age where the fine print matters and the stakes are high, this conversation is an invaluable tool for anyone looking to buy, sell, or simply understand the fortress that is their home. Join us for an episode that promises to arm you with knowledge, whether you're signing on the dotted line or just dreaming about the perfect property.
Over 35,000 Home Inspections since 1998, Quality Home Consultants are ready to serve you.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.
Unlock the door to savvy real estate decisions with our latest deep-dive into the market's currents and undercurrents. This episode isn't just a look at numbers; it's an insider's guide with the George Real Estate Group, as we shed light on the subtle interplay between interest rates and housing prices, making sense of when to strike and when to hold back in the competitive Western North Carolina and upstate South Carolina real estate landscapes. And for those with an eye on a career pivot, we welcome you to consider joining our ranks, where the art of the deal meets the heart of community building.
We also have the privilege of welcoming Jim Rawlings from Quality Home Consultants who, with an expert's precision, breaks down the critical necessity of home inspections. Like a seasoned detective, Jim walks us through the clues a house reveals upon close inspection, from the whispers of wear and tear to the secrets hidden in crawl spaces. In an age where the fine print matters and the stakes are high, this conversation is an invaluable tool for anyone looking to buy, sell, or simply understand the fortress that is their home. Join us for an episode that promises to arm you with knowledge, whether you're signing on the dotted line or just dreaming about the perfect property.
Over 35,000 Home Inspections since 1998, Quality Home Consultants are ready to serve you.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.
Hello friends, thank you so much for being here. This is the George Real Estate Group podcast, which is a production of our live weekly radio shows Hosted on multiple radio stations here in Hendersonville, north Carolina. The George Real Estate Group serves Western North Carolina and upstate South Carolina and it is a privilege to share positive news about our local real estate market and community. Thanks so much for subscribing and, of course, if you have any real estate questions or if we can help you in any way, be sure to reach out. Visit us at George real estate group radio comm for more information. Good morning and welcome to the George real estate group live radio broadcast here on WHKP every Thursday morning Right after the 10 o'clock hour. Thanks so much for joining and we got some positive news to share with you about the Local real estate market, the national real estate market. There's a lot going on in the in the market. There's a lot of news going on with the real estate industry and we'll touch on that as well. I'm sure people have questions and you know just curious how that might shake out. This yet to be seen how that's going to shake out, but we'll certainly talk about that, about that as well. If you're tuning in for the first time ever, the George real estate groups, located in flat rock. We have the experience of selling over 1400 homes throughout the years and so if you're thinking of buying or selling, we'd love to interview for the job. If you're thinking about a career in real estate, it's a great time to get into the industry to help people, to advocate for Clients buying and selling, and we'd love to help any way we can. You can call us directly at 828-393-0134. 828-393-0134. You can stop by our office there in flat rock.
Speaker 1:We serve all of Western North Carolina and upstate South Carolina and you can find us online at realestatebygregcom. You can also subscribe to our radio show. We podcast all of our radio shows. You can find that on your favorite podcast platform. Be sure to subscribe and just grateful to be here with you. The markets fascinating. We're gonna dive into some of those numbers. I'm so grateful to have with us our radio show sponsor, jim Rawlings, and dear friend and amazing partner with our clients, jim Rawlings, with quality home consultants, I every time I'm on the radio. I mean you guys have done 35,000 plus home inspections throughout the years and Glad to have you here this morning to just we're gonna talk about all the things, but thank you, jim, for being here this morning.
Speaker 1:Well, thanks, for having me you guys, I know I mean it's it's busy right now, the spring market, people are out there, but the, the buying, you know, when people are buying, it's one of the most critical things that they're gonna do. You know, during the in North Carolina is an, as this state, which a lot of people don't realize, but buyers have this. You know, home buyers have this due diligence period which is, you know, every states different, and I think people are so fascinated when they come here to learn about our process. But it's a negotiated time frame where the buyers can, at their expense and at their discretion, can decide what they want to investigate. And then, jim, you and your team do a number of things, not just home inspections and we're gonna dive into some of that but just and introduce yourself and again tell us about your team and where you're located, and then we'll jump into the conversation.
Speaker 2:Thank you, noah. We're quality home consultants. We started in 1998 and we have done in that time frame odor over 35,000 home inspections in just Western North Carolina. We have eight Home inspectors, licensed home inspectors, some of which are also general contractors. We don't do any Contracting but you know it shows that we've been in the building industry. Every one of our home inspectors have been in the building industry at some point or another, so they really understand how a house goes together. And we're a full service home inspection company.
Speaker 2:There's nobody else out there that does everything in the house like we do. So we, if you call us, we can do everything short of an appraisal or survey. So we do in-house radon, in-house water sampling in the house. Well, we also have a septic division. So you know many people don't even think about having a septic tank inspected, but you know it's a it's a huge expense, so you know we could take care of that for them as well. And, like I said, you know we've we've been in the area since 1998. We're located in Hendersonville. We have four full-time office staff that are awesome, and so if you need anything done, the, the our office is, is the best.
Speaker 1:Well, the logistics, logistics that your team is Accomplishing is is unbelievable.
Speaker 2:Yeah, it's, it's great. We're really blessed to have the team that we have.
Speaker 1:And again it's. Again it's. People think of home inspection. That's just one component, but again, pests, radon, water, sceptic I mean it's a full in-house operation.
Speaker 2:Yeah, and, and it's really important. So you know you're talking about people that are investing now, with the average home price over 500.
Speaker 1:Yeah, I mean that was about the yeah. The average single-family home price in Henderson County right now 529 529,000.
Speaker 2:That's insane. So you think about Would you spend that kind of money without investigating?
Speaker 1:it.
Speaker 2:Yeah, blindly, just okay, I'll buy it without knowing what's underneath right.
Speaker 1:It is one of the biggest financial Transactions anybody will do in their lifetime and it is a little bit sobering when we think a half a million dollars there's now the average price in Henderson County. Boy, when I was a kid, a half a million dollars.
Speaker 1:That was a mansion yeah you remember the, the member, the, the, the classic home alone. You know, like it's like you think of, like that big house that that family had. I mean like that was probably happen. I mean there's a lot of money, but like you think about a half million dollars back in the 80s and 90s, I mean it's like Richie, rich, right, it's true, and then this is our average and so, yeah, it's for for a buyer to buy. And again, it's this, it's your opportunity. Sellers are not obligated to do anything. They're obligated to communicate what's called material facts, I mean what they know about the property, and so are the real estate agents. However, the. The buyer then has said they're not obligated to fix anything. They disclose every. They're supposed to disclose everything, and sometimes they're aware of things and not. But again, that's where the buyer is going to invest. It's an investment, it's the best money a buyer can can spin Before they decide whether they want to buy the house or not.
Speaker 2:So many times we do a home inspection and even the sellers don't know what we're coming up with. You know, so you know we're getting underneath in a crawl space. How many people will actually get in the crawl space and and take and travel the whole thing to see what's going on? You know so we see moisture, mold, we see termites. You know we see all kinds of things that that an average homeowner will never get into their crawl space.
Speaker 1:Yeah, I mean. And who blames them right, I mean not everybody's crawling under their crawl space and then the other things you know, like this the pest inspection and then, and then getting into the attic and then water tests and then septic. I mean I don't. I don't know the actual number. I should find out the percentage of septic tanks in Henderson County versus the number of homes, but I would suspect that there's more homeowners with septic than they're on sewer.
Speaker 2:I would think so, because of all the rural areas and they have that information and next time I'll bring.
Speaker 1:Why? I would like to. I need to find that out too, but it's a it's more common than not. You're gonna have a septic system.
Speaker 2:It's in the whole state, you know. So it's more common than not in the whole state.
Speaker 1:Of course it is and so this is where you know it's like one of those sight unseen things, like you know out of sight, out of mind, but until it's not working, you know, then there's a big problem. Yeah, but the maintenance of it that you guys offer and the in this, you know, you know, not only you're inspecting it, but you guys offer a maintenance program as well.
Speaker 2:Yeah, yeah, and so It'll make it last so much longer and and you will not have the issues, believe me, if you had a septic backup and it comes into the house, you'll never, ever want to have that happen again. So we, if we show you how to maintain it, give you the tools to maintain it, help you maintain it. You're not gonna end up with that, that that nightmare, that that some people go through you're gonna avoid a lot of problems for sure.
Speaker 1:You did mention you know I will jump into just some of the local numbers, just so so you know it's really fascinating. The market, you know, continues to move forward. Our average single-family home price in Henderson County is at 529. There's been 1400 and 69 single-family homes sold in the last 12 months. That's a hundred and twenty two Single-family homes sold in the last 12 months on average in Henderson County. Now it's interesting, the last six months that number dropped to about a hundred. But that could be seasonally, because of the winter you typically have less home selling. But there's still a hundred homes selling over the last six months. Now the 12 month average is a hundred and twenty two. The other fascinating thing is the low inventory levels 265 active single-family homes in the market. So we're still in a sellers market because of the low inventory levels, even though there's less home selling here locally than there were the previous 12 months. We were averaging 140 150 homes a month selling the previous 12 months. You know that's why prices keep going up, even though there's a decline.
Speaker 1:Let me put some things in the perspective from a national perspective. Two years ago the number of Homes sold in the United States was like a six point one million homes sold in the United States Last year. That dropped to like five million in the. In 2023, that number dropped to four million. So there was a significant drop across the country. And the other fascinating thing is the last time we saw four million homes sold Was in 2010, 2011 and 2012? But the difference is now the inventory levels are so low. That's why the differences prices are continuing to go up, even though there's only four million homes sold in the United States versus. I could say the same statement about 2010, 2011 there was only four million homes sold, but the difference was there was a just this abundance of homes for sale, and so the inventory was so much more than the the demand, and that's why prices plummeted. And it's the, it's the supply and demand In our area.
Speaker 2:It didn't really plummet, did it?
Speaker 1:what did I mean? We saw a significant drop. Okay, our average price, I think, in 2011, was like a hundred and eighty thousand dollars. What we would give for that? Now, right, I mean, and the funny thing is, fear, fears. What keeps people from taking action? And you were the. You know. Looking back, you know people were fearful to buy, but it, what's that? What is that? Warren Buffett quote? You know when? When people are greedy, you should be fearful, and when people are fearful, you should be greedy.
Speaker 1:Oh yeah, it's just an interesting. It's counterintuitive, but you know, again, people were scared to buy when the market was, you know, so challenging. But it was actually the best time to buy. And then here we are now. But it's interesting, because of the low inventory levels. That's why prices keep going up. We've had a 7% Appreciation here in Henderson County in just the last 12 months.
Speaker 2:Well, everybody's asked me, you know, should we wait to buy and tell the interest rates get better? I said, well, wait a second, do the numbers. If you're going to wait to buy, then it's gonna appreciate Well over the amount that you're gonna lose and just having a little bit higher interest rate.
Speaker 1:Well, this is a this lit. I had the same conversation this week when they they were asked. It was a client asking about their, their, their children, you know who are in you know of buying age of homes, and in that there's this that you know the kids are renting right now and it's like what do you do? And it here's the dilemma. You know people are concerned. Obviously, interest rates are. You know the six and the sevens right now.
Speaker 1:However, let me put that in a 50 year perspective. That's the average, if you look over the last 40, 50 years, is 7%, so we're actually right on par with the average of mortgage rates. But if you can afford to buy today, you should, because guess what happens? There are, they said, there's four out of ten Americans right now would buy a home if interest rates went lower. And so what's gonna happen is when the interest rates go lower, if and when interest rates go lower, you're gonna see a rush of buyers. Well, when you see more buyers coming into the market, guess what? Prices are gonna go higher. And so if you're just focused on the interest rate, you'll actually end up paying more Down the road because prices will go up when interest rates go down because there'll be more buyer demand, and I don't see any lose last money. Well you, it's gonna cost you more money, and so that's where you got to put things in the perspective.
Speaker 1:If you're a buyer right now and yes, prices are high, but it's relative to the you know the supply and demand and so you know, if we see this rush of buyer, if interest rates when, and if interest rates go down, you know when inflation slows down, you're gonna see more buyers, which means there's more competition, which means there's less inventory. I mean, it's gonna be a fascinating. It is. We can't predict what's gonna happen, but it's, it's just, it's just part of the. It's it's you know, it's just so fascinating, all of it art.
Speaker 2:My first my first time was 1995 and it's eight and three quarters eight and three quarters, wow.
Speaker 1:And then I hear from my father and I hear from other Clients. I mean they remember they, they would just they would give anything to have anything in. This is in the early 80s. They would give anything to have an interest rate below Double digits. I mean anything below 10. I mean talk about perspective, right, anything below 10 was amazing.
Speaker 2:Yeah, I have a thing on a photo of a newspaper clipping that was 14 and three quarters or 14 and a quarter, and it is a bold print. You can get a 14 and a quarter loan. It's, and everybody was like what? This is good.
Speaker 1:Yeah, it's right, it's all it's, it's perspective and so if you can afford to buy today, you should, because, guess what, you can always refinance later. And also, I do think you're gonna see, you know prices right now 529. Last year they were at 490, I mean in, and then the year before they were less than that. And I think there was people I mean we, not, not think we know people that Chose not to buy two years ago because they had they. Their perspective was, oh, it just can't keep going and it's gonna go down and and I think you know there's some regret there in the sense of, like, you know what's what's gonna happen. Yeah, it's so fascinating.
Speaker 1:I do want to bring up about the national association of rilder's settlement, um and the, the, the outcome of class action lawsuits. You know, in the united states regarding the real estate industry. On march, march 15th, there was a landmark Uh proposed 418 million dollar Joint settlement was reached with nar to resolve claims and for antitrust actions. And so Uh, you know, they were accusing nar and several large real estate agent brokerages and adopting rules that required Homesellers to pay buyer broker fees at an inflated rate in addition to the their own broker commissions and it's, and it's interesting, you know it's, it's, it's these lawsuits and settlements are part of this broader scrutiny of the nar practices in the real estate commission Uh, structure in the united states. And it's and it's interesting, it's these, the legal challenges and settlements, it's, it's not. Yet we don't know how this is all going to play out. There was a proposed Proposal that you know uh, buyers agent fees would not be starting in july or not going to be advertised on the mls. But here's the thing to remember, right? I'm just going to share this for our listeners In north carolina real estate agent fees have always been negotiable. You have a buyer that can choose to hire a buyer's agent and that fee is negotiable. Just like when you hire a listing agent, that fee is negotiable. Fees have always been negotiable.
Speaker 1:I think this is gonna be. It's important to recognize that the settlement is actually still pending, that the media is really spinning this thing, and it's gonna be. You know there's the official terms that have not been finalized, but you know it's gonna be. There's a lot of conversations about it. We're having clients asking us about it, but you know, of course, you know you want to understand what you're paying for and you want to understand how you, what is negotiated, you know, and what that looks like.
Speaker 1:I don't think you're gonna see the position of the real estate agent go away because of the advocacy and helping a buyer and a seller navigate through one of the biggest financial transactions. And so you know, I think it's gonna. We're gonna see some changes, it's gonna look different, but it's again. There's still gonna be the need for advocacy and this is where the conversation between a client, a buyer, and the buyer's agent are gonna be discussing the commission that's negotiated, just like a seller and the listing agent are gonna negotiate their commissions. But it's interesting, you know, if a seller is saying to themselves well, I'm not gonna offer any compensation for a buyer's agent.
Speaker 1:The question I'm curious to see is well, are you gonna eliminate, you know, buyers that have representation?
Speaker 1:Are you not wanting them to come look at your home? I mean like it's but it's 95% right, which is gonna be? I mean yes, I mean, and buyers want representation. And again, it's all about disclosures, it's all about negotiation, it's all about, you know, commissions. In North Carolina there's been this negotiated commission structure already, and so you know I know this might be vague and there's still yet to be played out, but I wanna just bring it up because if you have questions about it, if you're listening right now and wanna talk to us and have a candid conversation about it, we welcome those conversations.
Speaker 1:We're not shying away from it. You know it's. You know it's. There's gonna be some hesitations, I think, with the changes, but you know, I think it's gonna normalize over time how it's gonna play out. But the thing is though, you know, having an agent, having somebody represent and ultimately get the top dollar possible, I mean, there's statistics where having a real estate agent is gonna net you more money, even with paying the commissions.
Speaker 1:Again, with the exposure, the marketing, the advertising, the advocating. It's not what I think the media is making it out to be, and we just gotta. I just wanna address that. It's an interesting conversation. It's yet to be determined, but again, I guess I'm having the conversation because I wanna encourage listeners to you know, reach out to us if you're just curious how this plays out, whether you're selling or buying. You know we welcome the conversation. I mean the importance of our clients feeling empowered to make informed decisions about, you know, negotiating commissions and then the understanding of relationships with agency. You know, again, this is all part of the conversation and transparency you know when working with a real estate agent.
Speaker 2:I'll tell you some of the worst out of all 35,000 plus home inspections. Some of my worst home inspections are people that are not represented by realtors, foresale by owners. They're sitting there, they're bickering, who's gonna fix what, who's gonna? And there's nobody in there helping them navigate through this mess.
Speaker 1:Yeah, there's a lot that's involved. It's not just a buyer's agent opening doors, you know, for you know there's a lot there, right, it's. There's so much more that goes into play in resources that you know buyers agents do to facilitate the transaction, you know, in all the things that you know having somebody, you know work with the repairs and the inspections and advocating, and you know preparing the paperwork and understanding the contract and you know understanding what the buyer needs are and then you know making sure that the buyer is, you know, has the resources with the lenders and the attorneys and the home inspectors. I mean there's so much that happens in educating the buyer, preparing the buyer and then showing the properties, finding properties and then negotiating offers. I mean, like there's significant steps that are involved in working with a client.
Speaker 1:Yeah, it's anyways, I wanted to bring that up Again. I bring it up because, hey, we're having conversations now with buyers and sellers and how this plays out and right now you know business, I mean the real state market's still moving. It's going to continue to move and again it's going to look different because of how this all shakes out. But again, we're we're we're having these conversations, we're not avoiding it.
Speaker 2:I was curious to see how this was going to pan out, so we don't know yet.
Speaker 1:I mean it's not necessarily played out yet, but it's it is going to. You know, the one thing is, I mean, you know a buyer can hire a buyer's agent and then the buyer's agent, you know, can you know, talk to the listing agent and the listing agent may or may not. You know what? Are they offering compensation for the buyer's agents? I mean, like there's going to be updated forms and documents that are going to come down through the, the, the associations and it. Again, it's yet to, it's too early and I think a lot of people are acting. There's a lot of fear, you know, with change and whatnot, but again, nothing's going to go. The need for someone advocating for the client is not going to go away.
Speaker 2:They're always going to need that.
Speaker 1:Yeah, and so, again, it's fascinating. We're facing it head on and again, I would encourage our. If you're listening, you're thinking about buying or selling and curious what this might, how this might look in buying and selling, and you know, let's have the conversation. We're welcoming it. But, jim, I didn't want to take up too much time with that, but I felt like that was an important I mean like it's, it's like the elephant in the room right now with the real estate industry. Oh yeah, tell us, you know recently, though I mean again that there's this ebb and flow. There's more buyers, typically, that come out into the spring. You know what are some of the common things that come up in the in these, that these home inspections come up. You know that buyers are facing right now.
Speaker 2:So over the 25 years that I've done this, it's always been a little bit slower in the wintertime. There's only been a few years, with an exception, where we just went straight through and that's those up up turns in the early 2020s, you know. But but so it's always been a little bit slower in the wintertime and starts rolling, rolling real good in the spring, and what we find is we have the biggest issues are moisture issues. So, like I said, people won't go in their crawl space. They don't, especially the ones you have to exhale to get a little further in there.
Speaker 2:It's like, but but they're not going to go in there, so they don't really know what's in there. And then there's they're stuck with this home inspection report that says okay, mr Seller, or Mrs Seller, our home inspector went into the crawl space and they're standing water, there's mold issues and we need this fixed, because we're not going to buy this house without. So imagine if they didn't get a home inspection and then they have all these issues that they'll never find until they find a weak spot in the floor or so it's just critical.
Speaker 2:The moisture issues are always the worst for a home.
Speaker 1:Well, right, and it's something that you should be vigilant about, something Again, if you don't, it's like the classic dripping water, I mean. I mean you could, it could be this massive.
Speaker 2:Well, the worst thing on septic systems is a drippy toilet there you go. And the number one killer of a septic system is a drippy toilet, so it's only you know running every once in a while. I can only I hear it refill every five, 10 minutes. It's going to end up killing your drain field.
Speaker 1:I mean, and again, it's a big ticket item.
Speaker 2:It's going to cost them 10,000 bucks, right? So you know eight to 10. So, because you don't want to fix the flapper in the toilet, I mean a $20 part and it could equal a $10,000 repair.
Speaker 1:Yeah, so, by the way you got and this is for our listeners too you don't have to be buying or selling to be calling Jim Rawlings and his team at quality home consultants Like this. You guys, this is for any homeowner that's out there. If you've never had your home tested for radon, you should be doing that. If you, if you haven't had a pest inspection recently, you should be doing that. If you have a septic, you should have them come out and do a septic. You want to. This is proactive care of your home. It's like changing the oil in your car. You should be calling Jim. You don't have to be buying or selling to be calling Jim we do we do annual home inspections for for home owners.
Speaker 2:So it's not a full home inspection that we would do for like a buyer or seller, because they already know if their dishwasher is working or if their windows are up opening up and down. But we're going to get in the crawl space, we're going to get in the attic, we're going to get on the roof, we're going to look for any flashing issues that might cause some moisture in the attic or through a deck or something. So we're finding things for homeowners that preventative maintenance can keep them from having a catastrophe. So many times I found one that where a chimney flue was disconnected in the attic and the roof sheathing was black because it was about to catch on fire. Wow so, a $200 annual home inspection saved a house fire. Wow so, and not only that, when you, when you go to sell your house and you've had multiple years of annual inspections by a home inspector, your buyer is going to have a whole lot more confidence.
Speaker 1:Well, peace of mind, yeah, yeah, it's like a certified pre-owned car. I mean you've got. I mean it's almost like a certified home. Yeah, and these cons, these regular checkups on the house.
Speaker 2:Yeah, and we do things for the sellers too. So I really you know I try to push these the idea of a pre-listing home inspection. It can really save. There's never been a situation where the seller has lost money doing a home inspection.
Speaker 1:Well, one of the things again let's go back to the dynamics, north Carolina's as is sellers don't have to do any repairs, buyers don't have to buy your home during what's called the due diligence period, and so what a pre-inspection can do for a seller is it can before you even go on the market if there is something you're not aware of. Let's just be honest. It's a lot cheaper to address things on your timeline than the pressure of a buyer requesting it, and maybe you know they have their bids. You have your bids and then just the timeline of getting something done. You're going to pay more. Let's just be honest. If you have to have work done in a certain timeframe, it's just going to cost you more than if you have a longer timeframe to get ready to put your house on the market. Right.
Speaker 2:And you're not doing it After you've already come to an agreement on a contract price. And then they go oh, wait now, by the way. Yeah, these things are wrong. I want 10 grand off your price, yeah.
Speaker 1:And again, the seller doesn't have to do it, but the buyer has the right to walk away and it's like you got to decide. That's where a pre-inspection can avoid those surprises and those conversations. Yeah.
Speaker 2:I push for everybody to do it. Not a lot of people do, but it's really a really good tool for somebody to sell their house. It eliminates that, virtually eliminates that. Secondary negotiation Negotiation yeah.
Speaker 1:And it's very effective and we've done it on a number of clients. I mean, you're right, not every seller wants to spend the money, but again you can save significant. You'll save money doing the pre-inspection versus the dealing with the repairs after the fact.
Speaker 2:So you know, our company does a 90-day deferred payment program. There you go.
Speaker 1:So there's no reason that they should do it, because From a cost standpoint, you just pay for it at closing. I mean most homes, by the way. I mean just you might know this, but the over 1200, excuse me, that was the previous 12 months over a thousand of the 1400. Some homes sold in the last 12 months in Henderson County sold in the first 30 days. Yeah, like two thirds of the homes are selling in the first 30 days.
Speaker 2:So if you were a buyer, and you have a house that's pre-inspected, ready to go, and then you have another house. You have to do all this investigative work to see what condition it's in. The buyer's gonna lean towards the one that they got the information on.
Speaker 1:Yeah.
Speaker 2:So we also have a partnership with a warranty company 210 warranty and a seller can have, we can do a pre-listing inspection, they can get a home warranty and the home warranty company's not gonna charge them up front. It goes to closing still $0, $0 for the home inspection, $0 for the home warranty and then During the listing period. During the listing period.
Speaker 1:Right, because the seller's actually covered Mm-hmm Right, and then at closing, the home warranty's paid for Right, and then the buyer gets a one-year home warranty from the closing date Right and if the seller's furnace goes out two weeks after we do the home inspection, then it's covered.
Speaker 2:they haven't paid a dime and they get a new furnace. Yeah, so it's a win-win.
Speaker 1:Yeah yeah, home warranties tend to come up, but we see them about half the time and where buyers are asking for it. But again, as a seller, you can have the coverage during your listing period For $0. For $0, and then it's an incentive for buyers when they're looking at what home when the buyers are considering. It's just an advantage that sellers can have. You know, the pre-listing inspection and then the home inspection during the listing period.
Speaker 2:So a buyer comes in, sees a home inspected and a warranty versus a house, that's just. I'm gonna have to figure out what's going on with this Right and it's not covered.
Speaker 1:Yeah, it really can give an advantage to sellers. And these are the things. Again, there's so many pieces, there's so many components of the buying and selling process and again, having professionals and people in your corner advocating through the nuances of I mean, there's so many nuances of the contract and then there's so many nuances of the how do we price our home and then how do we prepare our home for sale, and again, there's so many components of it and, jim, you're a vital part of it and we're grateful for you and your team and we're grateful for you to be here with us this morning. Anything else in sharing with our listeners how can listeners get ahold of you and your company? We got we're time flies when you're having fun. I mean, I can't believe how quick the time flew.
Speaker 2:I love doing these things with you. So you can call us by phone 828-687-721, or go online at qualityhomeconsultantscom, and that's Polaro consultants qualityhomeconsultantscom.
Speaker 1:We have three open houses this Sunday and they are in process right now. So we have three incredible listings coming on the market. So if you don't follow us on social media, go to George Real Estate Group on Facebook and Instagram. We're gonna be advertising these three listings that are coming up in incredible, incredible communities. One is at 828 Foster Hill Drive. Another one's at 1341 Shanteloupe Drive. We have incredible listings that are gonna be hitting the market 209 Camelia Way and Timber Creek. So a home in Shanteloupe, a home in Timber Creek, a home in Blue Ridge Estates this Sunday. These three homes are not gonna last long. They are just premium listings. And Jay Foytick has 209 Camelia Way, amy Hathaway has the home in Shanteloupe, patty Hosty has the home in Blue Ridge Estates. The one in Blue Ridge Estates had no exaggeration million dollar views. It is like long range. You can see Cragy Mountain, you can see Mitchell Mountain, you can see Pizga.
Speaker 2:Somebody's gonna be going in there and squat. It's gonna be an incredible home on Foster Hill.
Speaker 1:So all the details of these listings will be on our social media. You can check that out. They're gonna be, they're in process, but it's I mean today's Thursday. They're gonna be hitting the market prior to this Sunday's open house. Two to four, three incredible open houses this Sunday. I wanna make sure I share that information.
Speaker 1:Also, every Friday morning at 8.45 is our hometown hero series. Tomorrow morning is Brittany Brady. She's the president and CEO of the Henderson County Partnership for Economic Development and she's been with the partnerships since 2010. She's also on the board of party hospital, Also the Henderson County Tourism Development Authority. She's also on the North Carolina Certified Site Committee, the Economic Advisory Council, the City of Hendersonville Advisory Council. She's a native of Henderson County and excited to have her here tomorrow morning as our hometown hero series and hometown hero tomorrow morning at 8.45.
Speaker 1:Be sure to tune in. Also, if you know somebody making a difference in the community, you know, please reach out to WHKP, nominate them and we'd love to put a spotlight on incredible people serving this community. Jim, again, thank you so much. We'll be podcasting this, so if you didn't get a chance to hear the whole show and, of course, if you're thinking of buying or selling your career in real estate. Give us a call 828-393-0134. Have a great day, Jim. Are you pulling for anybody in the NCAA tournament? This, my wife is a Tar-Hill fan, so I have to go with.
Speaker 2:Tar-Hill. There you go, they're playing today.
Speaker 1:It's gonna be fun, have a great day, have a great week. Thank you, take care.
Speaker 4:Hey guys, it's Lucy Miller George, your favorite nine-year-old and I'm here to talk about the George Real Estate Group. Are you ready to sell your home and move on to bigger and better things? Well, let me tell you, my family knows a thing or two about selling houses. We have the experience of helping over 1,300 families and, let's be real, selling your home is a big deal, but with our expert guidance and our terrible dad jokes and Lucy jokes we will make the process as easy and painless as possible. Wanna hear a joke? Why did the real estate agent cost the road To get to the other listing? Okay, maybe our jokes aren't the best, but our selling skills are definitely art. Give us a call today 828-393-0134. Have a nice day.
Speaker 3:Thank you for listening to the George Real Estate Group podcast. Tune in next time for more industry news updates and real estate tips. You can reach Greg, the George Real Estate Group, at 828-393-0134, or at realestatebygregcom.
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