The Real Estate Play by Play

Think you've found the perfect condo? Not so fast! New real estate regulations are changing the game—and if you don't know the rules, your dream deal might not even make it to closing. From stricter HOA requirements to skyrocketing insurance premiums and fire zone inspections, today's buyers and sellers need to be more prepared than ever. In this episode, we dive into the evolving regulations and hidden roadblocks that can delay or derail your transaction—especially in California. Tune in and get ahead of the curve—before you fall in love with a property that can't close. We cover:What the new Fannie Mae rules mean for condos and townhomes—and why deferred maintenance is a dealbreakerHow balcony inspections, litigation, and reserve funds can impact a property's “warrantability”The growing insurance crisis: underinsured properties, aging roofs, and why even fire-resistant homes are getting denied coverageAB-38 and why fire zone designations are causing unexpected delays (and thousands in repair costs)The critical role of working with experienced agents and lenders who can help you anticipate and navigate these new obstacles Connect with us:YouTube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

When a new coach steps in, the whole team takes a pause—and the same thing happens in real estate when big changes shake up the economy. In today's episode, we break down how recent shifts in leadership, economic policies, and market dynamics are impacting buyers, sellers, and the mortgage world. We're sharing why now might be the perfect time to get your game plan ready and how preparation can give you a winning edge. Tune in for smart strategies to navigate today's market with confidence! We cover:Why today's real estate market feels like a "wait and see" game—and why buyers who are prepared can score bigHow major economic shifts (like tariffs) are affecting interest rates, inventory, and negotiation tacticsWhy getting fully pre-approved before you shop gives you a huge advantageHow to think like a long-term investor—and why timing the "perfect" market might actually cost you Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

If you had to guess, how old is the average homebuyer today? You might be surprised! Just a few years ago, the typical buyer was 36. Fast forward to now, and that number has skyrocketed to 56. What's causing this dramatic shift? In this episode, we break down the changing real estate landscape—how inflation, interest rates, and generational trends are reshaping who's buying homes (and why).We cover:The staggering 20-year jump in the average homebuyer age—what's behind it?How rising interest rates have sidelined younger buyers while older generations stay in the gameWhat different generations look for in a home—open concept vs. traditional layouts, modern updates vs. classic charmThe impact of pent-up demand and what it means for future buyersConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

A wildfire may seem like a distant threat—until it isn't. Whether you're in Southern California dealing with the aftermath or in Northern California feeling the ripple effects, insurance changes are hitting homebuyers hard. In today's episode, we break down the shifting landscape of home insurance, from skyrocketing costs to unexpected policy cancellations. If you're in the market for a new home or just trying to keep your current coverage, tune in for crucial insights to help you stay ahead.We cover:How recent wildfires are impacting real estate transactions across CaliforniaWhy insurance companies are dropping coverage and what you can do about itThe California Fair Plan: What it covers, what it doesn't, and why you might need a supplemental policyHow insurance claims on a property can affect future buyers—and what to look for before making an offerProactive steps to avoid delays, higher costs, and unwelcome surprises in the home-buying processConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Heading into the housing market? Let's strategize beyond the headlines! When it comes to buying or selling a home, the market is filled with questions, uncertainties, and clickbait headlines. From mortgage rates to market trends, how do you know what's fact and what's fluff? In today's episode, we break down the complexities of the current real estate market and equip you with strategies to make informed decisions, no matter what side of the transaction you're on. Whether you're navigating high rates or pondering the best timing to sell, we're here to help you strategize for success. Tune in to learn how to decode the market, prepare financially, and make confident moves in this wild real estate landscape!We cover:Why mortgage rates don't always follow the Fed's announcements—and what really drives them.The pros and cons of buying and selling during the holiday season versus waiting for the new year.Creative financing strategies to make your purchase more affordable, even in a high-rate environment.How to navigate simultaneous buying and selling while leveraging market trends.Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Off seasons aren't just for sports! In real estate, when the busy selling season slows, there is no need to panic! It's an opportunity to strategize, prepare, and recharge for a successful Q1. Whether you're a buyer, seller, realtor, or mortgage broker, this episode is packed with actionable tips to stay productive during the downtime. From planning client outreach to organizing your CRM, we cover it all to ensure you hit the ground running in the new year!We cover:The value of planning ahead to avoid a slow Q1How to maximize your CRM and client engagementSeasonal tasks like tax prep, business planning, and event organizationThe importance of reflection: analyzing what worked (and what didn't) to optimize for next yearConnect with us:YouTube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

You asked, we answered! The market's always shifting, and you wanted answers—so we're delivering. In this episode, we're diving into the top questions you sent our way, tackling the essentials of real estate transactions. Get the inside scoop on loan approval stages, bridge loans, and why local expertise matters. If you're looking for game-changing advice, this episode is your ultimate guide. Tune in and stay ahead of the curve!Tune in to hear: All about the loan approval journey (pre-qualification to pre-approval and then full approval) The most up-to-date market dynamics and strategy around closing times and bridge loans The importance of local vs. out-of-area expertise for your specific journey The importance of your credit score and ways that mortgage companies use difference scoring models Strategies for proactive preparation before starting the home search Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com

Heading to the big game? Don't forget that ticket prices are just the beginning! You always have to factor in parking and concessions for the full experience. The same goes for buying a home— anticipate closing costs beyond the price tag to avoid surprises. In today's episode, we talk about the need to plan beyond the basics, discussing lender fees, impound accounts, and hidden costs that often catch buyers off guard. Tune in to learn how to prepare financially, avoid surprises, and make informed decisions for your next real estate adventure!We cover: Understanding closing costs- they are more than just a simple percentage of the purchase price! The ins and outs of impound accounts—whether you need one and how they can affect your upfront costs as well as your monthly paymentsStrategies to help you effectively shop around for lendersThe importance of getting an accurate estimate of all associated costs early in the home-buying process to avoid surprises and ensure you're financially preparedConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com

Coaches call timeouts to reset strategy—and now might be the perfect time for you to do the same with your real estate game plan! Have you been watching the market lately? It's evolving at lightning speed. In today's episode, we break down the latest trends in the real estate market, from the summer slowdown to shifts in interest rates and the ripple effect of the Fed's recent moves. We also dive into the critical timing of refinancing and share valuable tips for both buyers and sellers navigating this unpredictable landscape. Want to stay ahead of the curve? Tune in now for the full breakdown!We cover:How buyer behavior and interest rates are shaking up the real estate marketThe real impact the Feds have on mortgage rates and how to time your refinancing for maximum savingsThe key moves sellers need to stay competitive and realistic in this shifting marketHow to stay ahead with expert tips on managing sudden interest rate shifts and changing conditions during this election year Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com

Great things don't happen from the sidelines—we're here to win! In today's episode, we're breaking down why getting pre-approved early is a game-changer. From crunching numbers and analyzing finances to understanding your buying power, this step helps you stay ahead of the competition. Whether you're just starting out or are a seasoned investor, being pre-approved keeps you in control and prevents last-minute stress. Remember, preparation is key. So suit up, get in the game, and let's turn your real estate dreams into reality!Today we cover: The importance of starting the pre-approval process as soon as you're considering buying—it's more about preparation than commitmentHow regularly checking in with your mortgage broker, especially if your finances change, can help you avoid last-minute surprisesWhy communicating major financial shifts to your broker is essential for keeping your pre-approval accurateHow aligning your pre-approval letter with your offer can demonstrate your seriousness to sellers and increase your chances of successConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com 

Thinking about refinancing your mortgage? Timing is everything, especially in today's fluctuating interest rate environment! In today's episode, we dove into the intricacies of interest rates, the true costs involved, and the importance of timing your refinance to maximize benefits. Whether saving on monthly payments or paying off your loan faster, we've got you covered with actionable insights. So tune in before you decide to sign that contract! Tune in to hear: The importance of understanding the true cost of refinancing with various fees like title and escrow fees, lender fees, appraisal fees, and prepayment of property taxes and insuranceWhy timing is so critical and why you should work closely with your mortgage broker to set up a rate watch programHow to use your mortgage broker to customize your loan term in ways that structure your loan to weigh your options Why it is crucial to work with a mortgage professional who prioritizes your best interests rather than just focusing on getting your businessConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Signing any kind of a contract is a big deal, and there are big changes coming that you need to know about! The "Buyer Broker Agreement" will soon be mandatory when working with a real estate agent. But don't panic - we are breaking down this agreement and what it means for you as a buyer in today's real estate market. Whether you're a first-time homebuyer or a seasoned investor, understanding these agreements is crucial to your success. We cover:The basics - how the buyer broker agreement outlines the agent/brokerage's responsibilities and the terms of their compensationHow having agent representation can provide many benefits to buyers, including access to off-market listings, professional negotiation on your behalf, and the agent's knowledge of the market and local areaIf you're unsatisfied with your agent, you may be able to cancel the agreement, and why it is important to understand the terms of your contract and any potential fees involved in terminating earlyWhy commissions remain negotiable between buyers and sellers Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Just like how you adapt your activities to the seasons—boating in summer, snow skiing in winter—real estate thrives on seasonal opportunities. In today's episode, we explore how to make the most out of the current market, especially for those looking to upgrade, relocate, or juggle the logistics of selling and buying a new home simultaneously. Tune in for our tips on tackling contingencies, leveraging market slowdowns, and strategizing your next move. It's a complex puzzle, but when done right, you can maximize your opportunities and perhaps even get that perfect house that you've been eyeing. Today we cover: Importance of taking advantage of the seasonal marketThe impact of a slowing market and increased buyer leverageNavigating the catch-22 of selling and buying, utilizing creative solutions like bridge loans and contingent offersStrategic pricing and timing to get your home market-ready for a swift transactionLogistics and timelines of making an offer contingent on the sale of your current propertyWhy having a team that includes knowledgeable realtors and mortgage brokers is crucialConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Ready or not, summer is here and heating things up! In today's episode, we are diving into the current real estate climate as we hit June and have noticed a mixed bag of activity in the market. Higher interest rates, fewer listings, and a dip in buyer activity have created a more balanced, yet challenging environment. But don't worry, we've got you covered with tips and strategies to navigate these shifts. Stay informed, stay prepared, and adapt to win in real estate!Today we cover: Current market dynamics/trends and why it is such a mixed bag market right nowHow to understand the eb and flow of seasonal realities of the marketThe importance of strategy and adaptation to help manage stress and streamline the buying/selling processHow the market's current state is influenced by ongoing economic data, inflation rates, and the upcoming election yearConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Ever wondered why some folks end up over their head when they buy a new home? It's often because they didn't account for all the expenses involved. In today's episode, we explore the essentials of doing effective due diligence in real estate and dive into what you should really be considering. Whether you are a first-time buyer or a seasoned investor, this episode delves into the crucial steps of vetting a future investment thoroughly.Tune in to hear: Importance of understanding several factors before buying a house - beyond aestheticsLimitations of online home listings on platforms like Zillow and TruliaPitfalls of relying solely on online mortgage calculatorsWhy expert consultations are crucialHow to cross-check with multiple sources and ensure you are doing your due diligence Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Did you know that introducing yourself to the listing agent during a broker tour can boost your chances when making an offer? In today's episode, were we unlock the secrets of broker tours! Discover who really gets to attend, how to navigate them as a buyer, and pick up essential insider tips—from etiquette to strategic questions. Don't miss out on these game-changing insights that could help you land your dream home. Join us for the scoop on making the most out of your real estate opportunities.We'll cover: The accessibility of broker toursHow to engage thoughtfully and strategically with listing agentsThe importance of etiquette during these tours How to leverage buying power by visiting the property multiple timesConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

This week's playbook is an absolute game-changer! In today's episode, we're tackling a seldom-discussed but critical aspect of real estate transactions: the resale city inspections. Many sellers overlook this detail, and buyers may not even know it's a factor until crunch time. From permits for new windows to the complexities of correctly installed AC units, we'll reveal what city inspections entail and how they can impact both sides of a property sale. Whether you're a seasoned pro or new to the game, understanding these inspections is vital for a smooth handoff. Tune in to hear: Understanding resale city inspectionsHow to avoid the common pitfalls of unpermitted work on your propertySeller strategies to tackle hurdles effectivelyThe ins and outs of negotiation nuances Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Curious about the future of real estate commissions? The NAR lawsuit has created waves in the industry, sparking discussions about transparency, commission structures, and the future landscape of real estate transactions. Many believe the headlines are oversimplifying the situation, leading to misconceptions about how the changes will truly affect buyers, sellers, and agents.Over the course of the episode, we unpack the details and discuss the potential impact of these changes on the real estate game. We'll share insights on how the evolving rules in real estate are reminiscent of changes in the world of sports. Just as athletes need to adapt to updated regulations, real estate professionals are gearing up to navigate the shifting landscape. We will also explore the importance of understanding the new rules and strategizing to make it work in the best interest of clients.In today's episode, we discuss: The transparency of real estate commissionsThe value of real estate professionals Potential negotiation complexitiesThe need for industry adaptabilityConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Social media has become a game-changer in real estate, providing a platform for buyers and sellers to connect, engage, and make informed decisions. Whether you're a first-time home buyer, a seasoned investor, or a real estate professional- the digital landscape offers endless opportunities to elevate your game.Over the course of the episode, we delve into the world of social media and its impact on the real estate industry. We discuss the power of leveraging social media as a buyer and a seller, using real-life examples to illustrate how it can influence the outcome of transactions. With insights on utilizing social media to gain exposure and connect with clients, this episode offers valuable tips for navigating the digital landscape in real estate. Tune in to hear: The unexpected opportunities social media exposure can have on property searches How leveraging social media and personal connections can make a difference in the offer processThe significance of maintaining a professional and informed digital footprint Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

We all know the importance of having a team rallying around us, especially when we are diving head first into something new. We are sharing the importance of finding your team as a new agent in real estate to be successful and to find where you fit within the industry. As a bonus, this information is just as beneficial for consumers so you can understand the differences between mortgage and real estate companies. Over the next 25 minutes, we break down the differences between various real estate and mortgage companies so that you can make the right decision for your situation. We chat about the nuances of working with mortgage companies versus banks and how to choose a real estate agency. We also discuss the importance of finding a mentor or joining a team as a new agent and how it can help you further your career. Tune into hear:Differences between mortgage companies and banksTips on how to select a real estate agency to work withChallenges and strategies for new real estate agentsOur top considerations for real estate buyers and sellersConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Everyone wants to get into real estate until they learn about all of the hard work and sacrifices that it takes to become successful. Today we are pulling back the curtain to chat about what it takes to go pro in the real estate industry all while balancing the other demands of life.Over the next 15 minutes, we dive into the realities of being a working mom in the real estate and mortgage industry. We share insights into the daily grind, discussing the dedication and hustle required to succeed. We chat about the misconceptions of the industry and the importance of having clear goals from the very start. From being always on call to the sacrifices and rewards of the industry, this episode provides a candid look at what it takes to thrive in the world of real estate.Tune into hear:The challenges of balancing family life and a real estate careerWhat is required to be successful in real estateThe importance of having a business plan and clear goalsMisconceptions about having a career in real estate Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Imagine you walk into an open house and notice that something is off, the decor doesn't go together and the layout doesn't do the architecture justice. This is where staging comes in! Staging can make or break your real estate sale by creating a cohesive, functional, and inviting feel that allows buyers to imagine the possibility of living in the space.Over the next 19 minutes, we dive into the world of real estate staging and its impact on selling your home. We discuss the process of staging a property, the different types of staging, and the importance of professional staging in selling a house for the top price. We also explore the difference between virtual and traditional staging and the roles they play within real estate transactions. This episode provides valuable tips and strategies for creating an inviting and irresistible home environment to attract buyers.Tune into hear:The importance of staging Partial vs. full staging and how to choose which option is best for youUnderstanding buyer psychology utilizing stagingPros and cons of virtual vs. traditional stagingConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

The housing market is ever-changing and a hot topic has been the rising interest rates and housing prices that we have seen over the last few years. In today's episode, we are discussing several strategies and tools that you need to navigate the current real estate market. Over the next 18 minutes, we dive into the concept of buying down the interest rate, discussing the difference between temporary and permanent rate buydowns and the impact on both buyers and sellers. We chat about timing the market and how a well-timed purchase can be advantageous in a competitive market. We analyze market trends and upcoming changes in interest rates, providing valuable insights for you to achieve your real estate goals. Tune into hear:The challenges buyers face due to rising interest rates and housing pricesWhat is a buy down and how do you obtain it?The different types of buy downs Strategies to navigate the market today Anticipated changes in interest ratesConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

When you are looking for a new home or interested in adding more real estate to your portfolio, it's important to make strategic moves to navigate the ever-changing market. From price improvements to innovative financing solutions, we share effective strategies for sellers. Over the next 20 minutes, we discuss the impact of overpricing, the role of market shifts and interest rates, and the importance of making adjustments to keep up with the dynamic environment. We share our best tips on how to make sure your approach is well-planned and can endure the hiccups that could come your way during your home-buying journey. Tune into hear:Why a home might not be sellingOur best tips for making strategic moves when buying real estateThe role of market shifts and interest ratesThe impact of overpricing on the real estate marketConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

The reality when you are looking to purchase a new home is that you may not get your offer accepted, cue the shattered dreams. It is a reality you have to prepare yourself for and trust that there is another house out there that is perfect for you. In today's episode, we are chatting all about how you can do exactly this. Over the next 16 minutes, we dive into handling rejection in real estate transactions by sharing our best tips and valuable insights into the real estate world. We discuss the value of teamwork and effective communication with your real estate team to get you into your dream home. Tune in to gain some key strategies for bouncing back and making a stronger play in your real estate game.Tune into hear:Strategies after getting your offer rejectedHow to collaborate with your realtor for the best outcomeOvercoming emotional attachments in real estate transactionsDealing with disappointment when searching for a new home Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Have you ever noticed that the kind of coach you have can dramatically impact your performance? What if we told you that the same goes for real estate? Today we tackle the hot topic of the NAR lawsuit and its impact on the industry. While it may seem scary, we're here to remind you about the importance of representation. Having a trusted real estate professional by your side throughout a transaction, much like a coach in a game, is invaluable. Over the course of the episode, we dive into the lawsuit's claim regarding the pricing structure of real estate commissions and the implications it may have on buyers and sellers. While the outcome of the lawsuit is significant, it's important to understand the potential impact on the real estate market. We'll debunk some misconceptions and shed light on how any changes in commission structures could have unintended consequences for both buyers and sellers.In today's episode, we discuss: The NAR lawsuit Potential consequences of changing commission structureThe impact on buyer's buying powerThe importance of representation in real estateConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Life does not always go as planned and our plans can change unexpectedly. Sometimes, those impact our real estate transactions. Today's episode is a sensitive topic of divorce and the affects it has on your real estate portfolio.Over the next 40 minutes, we dive into the importance of comprehensive planning to ensure that divorce agreements align with financial and real estate goals.  With a focus on the implications of community property laws in states like California, we emphasize the need for early involvement of experts. We discuss the potential pitfalls of excluding a spouse from a mortgage. This insightful episode sheds light on the critical role of expert advice in achieving successful real estate outcomes during significant life changes.Tune into hear:What it means to live in a community property stateTips on comprehensive planning for divorce in regard to real estate goalsPitfalls of excluding a spouse from a mortgageRole of mortgage brokers and realtors in divorce planningConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

One of the most important aspects of buying a house that is often overlooked is knowing your location. Location not being at the top of your list when buying can create headaches in your everyday life such as how long your new commute time could be or even how maintained other homes are in your potential new neighborhood. During today's episode, we discuss the little extras that can make or break your experience, from the neighborhood and neighbors to factors like weather, traffic, and safety. We share valuable tips on how to truly experience a potential home before making an offer. So grab a cup of coffee and join us as we explore the importance of home-field advantage in real estate.Tune into hear:Resources to gather information on a neighborhoodHow to view the house in multiple ways before buyingTips for scoping out a good location for buying a new houseExamples of factors to consider when buying Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Sometimes our best-laid plans get thrown an unexpected curve ball but with a solid backup plan in place, the show can still go on! Real estate transactions are no different, just when everything is set and all you need to do is sign on the dotted line, a problem pops up. Over the next 20 minutes, we dive into the importance of having a backup plan in real estate transactions. We discuss real-life scenarios and the frequency of real estate transactions falling apart. We also address common misconceptions about escrow and the role of a mortgage broker. In today's episode, you will hear:Having a backup plan in real estate transactionsExamples of situations where a backup plan may be neededThe role of a mortgage broker as a backup optionHow often do transactions fall apart?Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

When you are going into something as big as purchasing a new home, you need to have a plan. There are so many variables that go into finding you the perfect place from how much space, to financing, to the type of property, and even other buyers. Today's episode is all about creating that plan of attack.Over the next 20 minutes, we dive into how you can work with your realtor to form your plan and we share questions you can ask yourself to help you find exactly what you are looking for. We discuss the difference between property types out on the market and what considerations you have to make before buying. In today's episode, we cover:Difference between property types Questions to ask yourself when creating your buying planHow to create your plan of attackThe importance of doing research before buying Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

It has been a wild week in the real estate field, the MLS was recently hit by a cyberattack rendering it incapacitated for over a week now. The MLS is used nationwide and is how real estate listings are made public. In today's episode, we discuss the cyberattack and how it is currently affecting the real estate industry. During our conversation, we dive into the intricacies of the real estate market and how technology has become an integral part of the game. We discuss the potential ramifications of the cyberattack on the MLS and the possible motives. Lastly, we dive into the risk of wire transfers and the need for caution when wiring money in real estate transactions. Tune in as we explore the implications of this cyber attack and discuss the future of technology in the real estate market.In today's episode we cover:What is the MLS?How the cyberattack is affecting real estatePotential huge fallout and unforeseen complications of the attackPositive and negative impacts of technology in real estateDisruption to market statistics and mortgage rates based on interrupted dataConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Buying or selling a home can be overwhelming, especially when there are so many potential costs involved. In today's episode, we dive deep into the nitty-gritty details of real estate transactions and all the costs involved. From commission rates to inspections, and from lender fees to closing costs, we've got you covered. Over the next 20 minutes, we discuss how commission rates are divided, what to expect from inspections, and the importance of comparing lender fees. We also shed light on often overlooked expenses like transfer taxes, reports, and additional closing costs. It's time to chat about the cost to play the game, let's dive in!In today's episode, we cover:Breakdowns of commissions for RealtorsHow to avoid confusion on costs as homeowner The importance of budgeting for both down payments and closing costThird-party fees Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

In today's episode, we are going off the field and into the world of what you need to know before and after the real estate transaction. We dive into buyers' most frequently asked questions such as how property taxes are calculated and what is escrow. We discuss the intricacies of escrow accounts and homeowner's insurance, and how these can affect ultimately the mortgage payment. Whether you're a first-time homebuyer or a seasoned real estate expert, this episode will equip you with the knowledge and insights you need to navigate the ever-changing landscape of property taxes and escrow accounts.In today's episode, we cover:What is escrow?Understanding property taxesAddressing a supplemental tax billImportance of escrow accounts How to handle delinquent tax bills and paymentsConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

On today's episode, we dive into the fascinating world of property value and appraisals. In order to play the game of real estate, you need to know the playbook. Part of that playbook is the Comparative Market Analysis (CMA) that real estate agents use to determine the market value of a property for buyers and sellers. We explore the limitations of appraisals, which often look at the past and may not reflect current market value, and a strategy of lowering the listing price to attract multiple offers and potentially drive up the value of a property. Join us on this engaging episode as we navigate the intricacies of property value and appraisals, and uncover valuable insights for both buyers and sellers in the real estate market.Tune in to hear:Why the real estate playbook is importantWhat is included in a Comparative Market AnalysisThe difference between appraised value and market valueHow intangibles, like view and location, affect the value of a propertyThe importance for buyers to use a CMA, especially in situations with multiple offersBenefits of listing a property at a lower priceConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Continuing our conversation from our last episode by flipping to the other side and sharing what not to do when you are the seller. We are sharing the things that may or may not be obvious and make sure that you understand the game that you're playing in. We address the importance of hiring a professional, highly ranking realtor, staging your home or making improvements, pricing strategy, disclosures, and more.Tune in to hear:Hiring a professional realtor, not a discount brokerThe importance of curb appeal and first impressionsCreating a customized plan with your realtorWhy overpricing your house isn't the answerDisclosures and their importanceConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

There are both written and unwritten rules of all games, and the game of real estate is no different. When you're getting into the game, it is important to know what you need to be doing and should not be doing, and today we are sharing what not to do when you're the buyer. We share financial decisions to avoid, both when you are in escrow on a property as well as after contingencies have been removed, and the importance of open communication with both your real estate agent and mortgage broker throughout the process. Tune in to hear:What not to do with your finances during escrowApplying for financing after contingencies are removedTransactions that impact your credit scoreThe importance of working with a top agentCan you go on vacation while buying a home?Why you shouldn't be afraid to move quicklyConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Let's delve into the world of government backed loans, both FHA and VA loans. Similar to minor league games getting a bad rap despite being very fun, family oriented, and fast, these loans often get bad raps too. We discuss the stigma around these loan types, their benefits, and how they can help buyers, such as younger couples, afford homeownership. This episode is a must-listen for anyone looking to understand the benefits of FHA and VA loans and how they can help you afford a home.Tune in to hear:Why do FHA loans get a bad rap?FHA versus conventional loansHow to qualify for a VA loanThe comparison between VA rates and FHA ratesConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

In today's episode, we are sharing all kinds of tips about how to gain the competitive edge in this crazy real estate market. Because it really takes a pro who knows what they're doing, help you pull out all the secret plays, gain that competitive edge, and ultimately win your transaction, both on the buyer's side and then the seller's side.Tune in to hear:How to get your offer to stand out and be acceptedFinding off-market dealsWaiving inspection contingencies and pre-inspectionLeveraging your real estate needs as the sellerSecret plays options for the selling agentHiring a professional photographer and videographerConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

A topic we are seeing a lot right now is about timing the market. Similar to waiting for the perfect pitch or perfect opportunity to make a touchdown, the perfect opportunity to get into the market and purchase or sell may never happen, but it is possible to get aggressive and make the most out of your timing. We discuss what mortgage rates have looked like historically compared to now, how that impacts the market on both sides, and how to navigate whether it's your time to get in the game or wait a bit on the sidelines to see what happens first.Tune in to hear:The impact of rising interest rates on the marketBeing on the offense versus defenseThe importance of looking at the data on housingWhy we recommend to get in the game nowOur advice for the 20 somethingsConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Today we take a look at the pros and cons of renting and owning to help you decide when to buy if you are currently renting, and what it truly takes to purchase a home. There are many sides of the coin to consider when making this decision including taxes, equity, down payment, credit, and so much more.In this episode, we cover:The pros and cons of renting and owning a homeBuying is an investment into your futureAn example of how to make your money work for youWhy are people renting vs buying?How much money do you need to put down?The benefit of credit specialistsConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

Real estate for home buying verus real estate for investing are two different ball games. Investing in real estate can be very advantageous, because as the saying goes, “they're not making any more dirt.” If you are curious about investing in real estate, it's important to know the different rules with loans, interest rates, and down payments. In this episode, we cover:The difference between an owner-occupied property and an investment propertyWhether you should invest in real estateTypes of loans for real estate investment propertiesConverting from owner occupied to rental propertyUsing a broker versus a bank for your loanConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

When the score is close, and you need to win the game, you need a secret play to seal the deal. In real estate, that's a bridge loan. This episode is for the home buyers who are buying contingent on selling their current home, yet the contingency isn't attractive in competition to other offers and need something else in their playbook.In this episode, we cover:How a bridge loan worksThe difference between a cash buyer and contingent buyerThe cost of a bridge loanHow to structure a bridge loanLogistical challenges of bridge loansConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

You are the seller, and you just accepted the buyer's offer! This episode is focused on the seller's point of view from inspections up to closing day and how to be prepared to successfully sell your home.In this episode, we cover:Managing disclosures and inspectionsHow appraisals affect the sellerShould credits come off the purchase price or closing costs?The negotiation processSigning off your mortgage and finalizing escrowNavigating rent backsConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplayWebsite: https://therealestateplaybyplay.com

You've been notified your offer was accepted! In today's episode, we discuss everything you need to know when it comes to the closing process and how to be prepared to have success in buying your new home.In this episode, we cover:What happens after your offer is acceptedHow the escrow timing can impact your depositCreating a game plan for the appraisal processWhat is a closing disclosureBreakdown of what happens financially at closingConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com/

Let's make sure you get the property you want and reach your real estate goals. In today's episode, we discuss everything you need to know when it comes to selling your house including who you need to reach out to before selling your house and the importance of having a good strategy with a clear goal. In this episode, we cover:The number one step to take before you sell your house The pros and cons of a  bridge loanWhy sellers need to have multiple strategies and a clear goalHaving inspections done early on and the power of marketingGetting your house on the market and other strategiesConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com/

Now that your team is assembled let's begin. How to find the property for you and what steps you need to take.  In today's episode, we discuss why buying a house can sometimes feel super stressful, the importance of having your pre-approval strategy locked down, and the power of building a relationship and clear communication with each person along the way.In this episode, we cover:The emotional process of buying a houseFine-tuning your pre-approval strategy What happens when you want to put in an offer Contingencies during the offer contract process Inspection contingencies and dealing with counter offersConnect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com/

Welcome to the Real Estate Play by Play, a podcast designed to be your go-to resource for all the real estate transactions in California. We're your hosts Danielle Olbrantz and Kristie Martinelli, and together our combined mortgage broker and real estate expertise are bringing you everything you need to know to enter the real estate market. In today's episode, we discuss our experience in the real estate industry, the importance of a mortgage broker, and every type of person you should talk to before you decide to buy or sell a house!In this episode, we cover:Who we are and our experience in the real estate industry [01:15]What a mortgage broker does and why we're important [6:06]Why sellers should work with a mortgage broker [10:23]If home inspections and appraisals are important[14:00]The difference between title and escrow [18:18]Getting your insurance sorted out [20:49]Why your team should be local experts [22:28]Connect with us:Youtube: https://www.youtube.com/@therealestateplaybyplay Website: https://therealestateplaybyplay.com/