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hi whats up

wyd

im just chilling here

Hi! It is priced at $279,000

The seller never did pay the buyer. The seller is only contracted with the selling agents broker.

So many ways to look at this! Was it just too confusing to the consumer because of the way either agent was being paid at closing? In KC, the commission is divided up accordingly by way of the Seller proceeds. BUT the Buyer is where the money came from, right? We're working on better transparency with this process!

@applebaumkchomes it actually simple buyer hires and pays for their agent. The seller hires and pays for theirs. Now the seller can pay for theirs through the sale of the house. Money shouldn't come out of the sellers pocket to pay another 3% to the buyers. No matter which way you look at it if less money goes to the seller to pay for expenses then the seller pays for it

@@brandons552 would it be helpful to buyers if they could finance their buyer’s agent commission? we work with a lot of first time home buyers who are unsure of how they can pay for the representation they want. appreciate your opinion as we are eager to learn!

you have good taste!

may the best team win! should be a heck of a game!

Let us know what you’d suggest 🫣

There is so much weight to this. But it also makes me think: if rates never dropped so low from 2020-2022, where would we be right now? I bought a home in 2018 and was thrilled with my 5.75% at the time. How long will it take for homes to go through their “normal” turnover. Do you think this could actually be more of the situation than too many rental homes?

@@applebaumkchomes yeah, that probably had a lot to do with it too. That's when I was able to buy my home. I got it at 3% interest and immediately put it on forbearance for a year so I could build up my savings and just started my 30 year note the next year. I'm sure dozens of big corporations took advantage of the low prices too. Anytime interest rate on a house is lower than stock growth it's always a good investment to buy more properties. COVID housing aid will probably end up like financial aid for college did.

@@croden8734 That is a possibility for sure. Thank you for engaging with the video and sharing your views!

yes, very important to look at this at the local/regional level. some parts of the country (austin, cali) were so overpriced that prices coming down is a good thing.

A balanced market is a good thing. In 2018, a home sitting on the market for 30 days and getting 5 showings was 'normal,' at least in KC. We also have to recognize that SO many people locked in sub 4% rates and they aren't going anywhere unless they really have to. Supply is going to struggle for a long time...

People keep putting money into Roth IRAs

So we looked into this and actually, the % of ibuyer ownership is pretty low!

@@applebaumkchomes Overall, it is low because old houses don't turn over as quickly as new builds sell. In some areas, it is higher and concentrated, and it is significant. There are whole new housing development areas in many states that are nothing but corporate owned houses. Companies like Zillow even got into the game. Sure, corporations don't care about housing in Hicksville Wisconsin, but they sure do in Tampa, San Francisco, and other prime locations.

So across the country, iBuyers only own about 3% of inventory. Affordability is certainly a huge issue at hand here.

New construction slowed wayyyy down after 2009. We are still playing catch up!

government stop the people from building. If there is a profit to make and easy permit access, people will build.

I don't disagree here. I build in KCMO and the permit process is VERY difficult. On the flipside, other cities like Gladstone and Belton Missouri are very builder-friendly!@@rakashaagain

Good to bring this up! If anything, we now know what a real crash looks like and how devastating it is. Luckily, lending practices have changed so much and due to low inventory, it is very unlikely home prices will "crash" anytime soon.

We'll take the risk ;) This helps us learn what consumers are thinking!

Thank you for your comment! Many people feel the same way that you do. The lack of inventory is a big problem and until we catch up, the rollercoaster will continue.

Sold fast! Thank you for your comment!

it is spectacular! thank you for your comment!

i'd hire you in a second!

thank you! did you watch until the mr. rooney part? LOL hope to work with you and the KB team!

yes! and from a personality standpoint, they like security and need to feel confident in their decision

i would say both are true! it's tough in a low inventory market. you can't necessarily rule out homes with issues =/

i don't disagree! but you'd be surprised. tough in a low inventory market. most people are swayed more by aesthetics!

yes! and you like comfort and security. you usually need to be reassured a lot during the buying process!

time for a new one! ;)

You can! Every brand is different but most have a switch!

bummer! hope you don't live in a hot place!

interesting!

No it doesn’t

@@g_atoradebottlewdym

I can see how it could work either way! In our house, we absolutely feel a difference when the cool air comes back down with a force. We run our A/C less because the fan circulates the air around more effectively...

Fast moving air is cooler so as it blows air it cools the air that’s why you blow on food to cool it down

I can see why you'd think that! I think the idea is that assuming you have your A/C on, too, if your fan picks up the cool air and then blows it right back down on you, it cools you off even more...

😂

Lol thank you Canva! 😂

A for effort, right?!😂

@@applebaumkchomes I mean I like the effort, but maybe make her doing a dance, lol.

@@ImJustViridianPointi need to learn how to do that!

aww! thank you! where in maryland?! hopefully we can connect via a referral one day!

sorry! we know it's tough out there for Buyers depending on the price point. but we promise there are great opportunities, too!

thank you for your feedback! there's certainly a lot to keep exploring here

The grass is always greener, right?!

Well with 5 dogs it is kinda hard to pick up dog poop in our own yard

It’s a tough choice! 😊

So true!

Hi Ima! This trip took place many moons again and my family and I were there for a wedding. We had very little time to actually explore the area and two young kids to entertain. Perhaps we'll have a chance to return in the future and I promise we'll do just as much historic sight-seeing as we do eating ;)

did not know that! thank you for sharing!

@@applebaumkchomes yeah, I’m kinda a big deal clown!