Jackie Baker
Jackie Baker
  • Видео 318
  • Просмотров 4 507 139
Buying a Home is About to Change FOREVER
Big changes are coming to the real estate industry effective August 17. The way realtor commissions are going to be paid is changing and now buyers are going to be on the hook to pay for their real estate agent. In this video I’m going to explain what these changes are, how it effects buyers, and how to navigate this change. I’ve been getting a lot of questions about this so I’m answering them here.
Thanks for being here to get your dose of real estate reality! 🏡
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✅If you'd like to work with me to help you with your real estate needs in Northern NJ or need an agent referral in your area, click here: www.jackie...
Просмотров: 18 959

Видео

Home Buyers Give Up! 56,000 Contracts Canceled in June!Home Buyers Give Up! 56,000 Contracts Canceled in June!
Home Buyers Give Up! 56,000 Contracts Canceled in June!
Просмотров 14 тыс.3 дня назад
A recent Redfin article showed that 56,000 real state contracts were cancelled in June. What is going on? Are buyer just getting cold feet? Are they afraid of the thought that are still overpaying? Thanks Jen Sylvester for joining me! Check out Jen's channel here: www.youtube.com/@savvyhomeseller CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/use...
NEVER Buy a New Construction HomeNEVER Buy a New Construction Home
NEVER Buy a New Construction Home
Просмотров 52 тыс.9 дней назад
New Construction is not what it’s cracked up to be. I know many would like a brand new home without any issues or headaches. But I can tell you there will be headaches. So in this video I’m going to tell you why should never buy a new construction home. CHECK OUT THESE VIDEOS NEXT: NEVER Buy These Types of Homes ➡️ ruclips.net/video/6XXjKV37gSk/видео.html NEVER Buy a Condo ➡️ ruclips.net/video/...
Housing Market SHIFTS in Favor of BuyersHousing Market SHIFTS in Favor of Buyers
Housing Market SHIFTS in Favor of Buyers
Просмотров 11 тыс.10 дней назад
It looks like the housing market could be making a pivot towards buyers. Let's dive into the latest news about the shift happening in the US housing market. CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/user/liveLXyxs0Hk5RY 76% OF AMERICANS SAY IT'S THE WORST TIME TO BUY A HOUSE ➡️ ruclips.net/user/live-28sbHv5GAo THE HOUSING AFFORDABILITY CRISI...
Renters REGRET Becoming HomeownersRenters REGRET Becoming Homeowners
Renters REGRET Becoming Homeowners
Просмотров 93 тыс.16 дней назад
Former Renters are regretting becoming homeowners. Why? Because they weren’t prepared for exactly what it would cost to own a home and now they want to go back to the simple life of renting. Real Estate witch, a website that does surveys on real estate and homeownership has discovered something very disturbing about how many people wish to go back to renting vs owning a home. They also shared t...
Housing Market Predictions for 2025Housing Market Predictions for 2025
Housing Market Predictions for 2025
Просмотров 12 тыс.16 дней назад
Experts are coming out with their predictions for 2025 already. Will it be more of the same as the market now? CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/user/liveLXyxs0Hk5RY 76% OF AMERICANS SAY IT'S THE WORST TIME TO BUY A HOUSE ➡️ ruclips.net/user/live-28sbHv5GAo THE HOUSING AFFORDABILITY CRISIS CONTINUES ➡️ ruclips.net/user/liveRYWtBP4gp7...
Homeowners Face Foreclosure Over "Zombie" MortgagesHomeowners Face Foreclosure Over "Zombie" Mortgages
Homeowners Face Foreclosure Over "Zombie" Mortgages
Просмотров 18 тыс.23 дня назад
Imagine waking up one morning everything is normal and you learn your home is being foreclosed on because of a Zombie mortgage you took out back in 2006 and was told you don't have to pay it off anymore due to a modification. Years later they are resurfacing, coming back to haunt homeowners and in many cases, taking away people’s homes. Let’s talk about this newest issue that’s scaring homeowne...
The Housing Bubble is Starting to CRACKThe Housing Bubble is Starting to CRACK
The Housing Bubble is Starting to CRACK
Просмотров 19 тыс.24 дня назад
Homes sales are down, sellers are reducing prices, foreclosures are rising. Is the housing bubble now cracking? Experts are saying it's headed in that direction. CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/user/liveLXyxs0Hk5RY 76% OF AMERICANS SAY IT'S THE WORST TIME TO BUY A HOUSE ➡️ ruclips.net/user/live-28sbHv5GAo THE HOUSING AFFORDABILITY ...
Fed-Up Buyers are Forcing Sellers to SLASH PricesFed-Up Buyers are Forcing Sellers to SLASH Prices
Fed-Up Buyers are Forcing Sellers to SLASH Prices
Просмотров 28 тыс.Месяц назад
The housing market could be shifting to a more balanced market. People have had it and they don't want to pay these high home prices. Now it appears the trend is spreading across the country and some experts are saying we could be returning to a balanced market. In this video I’m going to go talk about some stats from Zillow and Realtor.com about the increase in the number of prices reductions ...
The Housing Market Will Be STUCK for Years to ComeThe Housing Market Will Be STUCK for Years to Come
The Housing Market Will Be STUCK for Years to Come
Просмотров 15 тыс.Месяц назад
Bank of America says the rate lock-in effect will last for another 6 to 8 years. Which means inventory will still be low. This week I'm going to discuss their analysis. CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/user/liveLXyxs0Hk5RY 76% OF AMERICANS SAY IT'S THE WORST TIME TO BUY A HOUSE ➡️ ruclips.net/user/live-28sbHv5GAo THE HOUSING AFFORDA...
NEVER Buy a Manufactured HomeNEVER Buy a Manufactured Home
NEVER Buy a Manufactured Home
Просмотров 72 тыс.Месяц назад
Manufactured homes have been know to be the most affordable option for a home. These days many would consider it. But there are some concerns surrounding manufactured homes that a lot of people aren’t aware of. So many concerns where I would never buy one. This video I’m gong to tell you the reasons why I would never buy a manufactured home from financial, to safety issues. CHECK OUT THESE VIDE...
Desperate Home Sellers are SLASHING Prices in These MarketsDesperate Home Sellers are SLASHING Prices in These Markets
Desperate Home Sellers are SLASHING Prices in These Markets
Просмотров 26 тыс.Месяц назад
Well it's happening. The high interest rates are finally having an effect on housing prices. Realtor.com just shared a new report of markets with rising price reductions. I'm going to talk about the markets mentioned in the article. Is it time to get a deal on a home? Tune in! CHECK OUT THESE PAST LIVESTREAMS: The Housing Market is Going Back to the 1970"s ➡️ ruclips.net/user/liveLXyxs0Hk5RY 76...
He REGRETS Buying a House and Wants Out After 10 MonthsHe REGRETS Buying a House and Wants Out After 10 Months
He REGRETS Buying a House and Wants Out After 10 Months
Просмотров 51 тыс.Месяц назад
Can you imagine regretting buying your house so much that you want to sell it after only 10 months? One man feels that way and it just makes me so sad. The state of our housing market the past few years has put so much pressure on people to just get the house that they haven’t had time to really process what they are getting themselves into. In this video I’m going to share some stories from Re...
The Housing Market Has Gone Back to the 1970'sThe Housing Market Has Gone Back to the 1970's
The Housing Market Has Gone Back to the 1970's
Просмотров 54 тыс.Месяц назад
A recent report from the National Association of Realtors showed that home sales in April were at lows that we haven't seen since 1978. Even though mortgage rates are coming down, buyers and sellers are still holding off on making any moves. CHECK OUT THESE PAST LIVESTREAMS: 3% Rates Are Making a Comeback With Assumable Mortgages ➡️ ruclips.net/user/liveyKHlFd61eFw 76% OF AMERICANS SAY IT'S THE...
0% Mortgages Will Bring the Next Wave of FORECLOSURES0% Mortgages Will Bring the Next Wave of FORECLOSURES
0% Mortgages Will Bring the Next Wave of FORECLOSURES
Просмотров 51 тыс.Месяц назад
Word on the street is zero % down mortgages are making a comeback. While this loan option may seem like a life raft to those buyers who are struggling to buy a home, experts are warning that these loans could lead to another 2008 housing crash and bring on a wave of foreclosures. I’m going to explain what this zero percent down loan is all about, share the experts opinions on it and share with ...

Комментарии

  • @Lucysil1970
    @Lucysil1970 12 часов назад

    I’ve never had a good real estate agent. I feel like most of them were only out to make money, and they didn’t care very much for me.

  • @amandabricker3059
    @amandabricker3059 12 часов назад

    I will never buy another house with a sump pump. 🫠 Iron ochre will ruin your hopes and dreams..

  • @x1557
    @x1557 13 часов назад

    Not sure if your theory is going to hold true. Your “theoretical” buyer would never be able to take part in bidding wars or ever be able to counter with offer at or above full ask.

  • @eddieteabagify
    @eddieteabagify 13 часов назад

    What about dual agency? That should have been gone years ago.

  • @eddieteabagify
    @eddieteabagify 13 часов назад

    Let's just focus on the days when you had to run people all around town, had intimate knowledge of an area and worked the Rolodex are long gone. And so should a 6% commission.

  • @ahava3838
    @ahava3838 13 часов назад

    The seller's agent will likely advise their client to increase the list price to allow for the anticipated request to reduce it by the buyer.

  • @funwisely
    @funwisely 13 часов назад

    In the World of BIDING WAR, there is no role of Agents ( Buyers OR Sellers). It is just going to increase PRICES for all parties. So Property is Yours, Buyers is Someone else who is paying But all are CONTROLLED by Cashless, Riskless AGENTS to Transactions to take place.

  • @scottl9660
    @scottl9660 13 часов назад

    I think the story is 57k homes had people back out on the contracts, AND were immediately back under contract by other buyers.

  • @llee2096
    @llee2096 14 часов назад

    If there is no buyer agent commission then why would a buyer agent show that house... For the seller agent to make money only. What a 🤣😂🤣 joke. You are NOT in the business to help people YOU are in the business to help people while earning income! This rule is ridiculous 🤬. All seller agents need to tell their clients... The sellers to always include a percentage for the buyers agent. How hard is THAT. ❤

  • @Seeknfind1st
    @Seeknfind1st 15 часов назад

    Do not trust HUD or Ma.Gov.

  • @thefutureisplaid3346
    @thefutureisplaid3346 15 часов назад

    Nobody needs a buyers agent. Sellers agents are needed a little more… sometimes but not always.

  • @haywood4299
    @haywood4299 15 часов назад

    So glad I bought my house in 2019 because this sounds like a mess. I sold my other house private sale because realtors don't really do anything now. Everything is done online, all the contracts are digital and copy paste. What am I even paying for? I feel the same way about new car sales, just let me order it online and deliver it to my driveway lol.

  • @anniealexander9616
    @anniealexander9616 17 часов назад

    I didn't have a buyers agent. I wanted to put in an offer with the sellers agent. She asked me for $500 just to put in an offer. I walked away.

  • @MelonHead_Arcades
    @MelonHead_Arcades 20 часов назад

    Can you put offers on multiple houses??

  • @johnr8476
    @johnr8476 21 час назад

    Seems like the real eatate agent is working for the seller and should be paid by the seller. I guess all you can do is determine what the the costs are and deduct that amount from your offer.

  •  22 часа назад

    If you can't paint properly, how are you going to do anything that requires technical skills. Some LLC companies do it right, most do not.

  • @LHDev21
    @LHDev21 22 часа назад

    Please ignore the negative comments about Real Estate Agents, they’re talking about the other ones not you and Jen 😅

  • @renep.1451
    @renep.1451 22 часа назад

    Yeah, I think the WEF probably financed the research. "You will own nothing and like it."

  • @georgedavid3815
    @georgedavid3815 23 часа назад

    They need to get these hedge funds out of the single family housing market. They are destroying the country, creating ghettos, garbage, letting things fall apart, all kinds of crap.

  • @ladyj9474
    @ladyj9474 23 часа назад

    I have purchased two new construction homes and had a great experience both times, and gained amazing equity very quickly. You do have to do your homework on the builder and the development but they can be a wonderful investment.

  • @stevensaint-preux5906
    @stevensaint-preux5906 23 часа назад

    STOP using 28/36 rules to assess affordability. The banks use it to determine qualification amount, not affordability. Instead START considering your monthly expenses and net income first. This will tell you what you objectively have leftover for monthly housing cost-not just the mortgage payment. From here, after determining the monthly cost of taxes, insurance, PMI, and HOA, you will have your target mortgage payment. With your mortgage payment AND the interest rate (APR) you qualify for, you can determine full loan amount. FINALLY once you’ve chosen your down payment (%), you can determine the house price that you can AFFORD, by taking the full loan amount and dividing by (1-DP%). Measuring your affordability makes the rules of thumb obsolete and allows you to assess affordability regardless of whether or not your current monthly expenses fit in the nice, neat 28% or 36% bucket.

  • @content_watcher_only
    @content_watcher_only День назад

    live in mobile, that is the new normal. Leave these overprice homes. Be content.

  • @bobbratton4823
    @bobbratton4823 День назад

    The premise that the seller pays all commissions, is entirely flawed! The seller adds that cost to the base price. If the buyer does not buy, there is no money to pay either agent! The buyer has always paid for BOTH agents, albeit by handing over funds in addition to the house price, to cover such sundry costs. This from someone who has bought and sold dozens of houses. Where will the money to pay both agents come from, if there is no buyer in the first place?

  • @user-ws1qf7ol4k
    @user-ws1qf7ol4k День назад

    RUclips😮 this is all nonsense...fools listening to other fools😮 just use your head.....

  • @davidbrooks8809
    @davidbrooks8809 День назад

    I rent..and i love it

  • @stevekotter7691
    @stevekotter7691 День назад

    It use to be the Garden State now it's the Ghetto State! Nothing has gotten better!

  • @pablod3734
    @pablod3734 День назад

    I love you, Jackie! So much knowledge

  • @ukprince4544
    @ukprince4544 День назад

    As much as it’s weird FL & TX sets the market…it leads and the rest follows..(Cali excluded)due to the best weather and amenities for real state when it pops the remaining market prices get set under that💯

  • @tylertyler82
    @tylertyler82 День назад

    You misspelled "All Of Texas"

  • @gerelynreynolds2391
    @gerelynreynolds2391 День назад

    What do you mean “no inventory”?? I see a lot of houses that are affordable and available for purchasing.!!

  • @misslee765
    @misslee765 День назад

    A good Real Estate agent is IMPERATIVE . My buying and selling agents were awful .

  • @NManolakos-j9q
    @NManolakos-j9q День назад

    I bought in 2008, after waiting market out 5 years, but back then you had choices. Since the average age of a home in Passaic county is more than 60 years, you will be paying for updates and repairs.

  • @freeshipping9643
    @freeshipping9643 День назад

    Plus a huge chunk of FL was given to scientology. They dont pay no taxes. Everyone has to pick up for them.

  • @jacobr9556
    @jacobr9556 День назад

    Jackie is always HONEST and honorable. Thanks for speaking the truth!

  • @freeshipping9643
    @freeshipping9643 День назад

    Fl is pricing everyone out for some reason? They are developing still? They seem to want it empty?

  • @Psylliumhead
    @Psylliumhead День назад

    Why should a buyer pay the selling agent? makes no sense.

  • @misslee765
    @misslee765 День назад

    I bought my first and only house in 2008 . My real estate agent was awful but I didn’t know it , she was from my church and I wanted to “ bless her” with her first sale . I regretted it 1,000 times over . I paid too much , she had no clue the market already had imploded by May 2008;. She didn’t know new construction for apartments were going to be build right outside my window . 100 apts . Awful . My point the crash is coming around again , so WAIT . I sold because my neighbors were a NIGHTMARE . Thank you J your videos are so helpful , I’ve sent many to ppl .

  • @TheEqualizer-3.2.1.
    @TheEqualizer-3.2.1. День назад

    I don't regret it at all. My only problem now is that the house is too big. It's not a big house, it's just too big for us. I can't sell and buy something smaller now because my interest rate is 3%.

  • @Nournourhayati409
    @Nournourhayati409 День назад

    Zillow FSBO 1074 Hamlet Dr Maitland, FL 32751

  • @robvee532
    @robvee532 День назад

    Really? It can be a pain but depending on where you live and you keep within you means, it can save you if you want to live in the pace you want to live. Don’t spend money you don’t have on your house, get it livable and do your upgrades overtime. That’s where people get in trouble, I’ve seen people dump money fixing up their houses to how they want it, but they can’t afford and that’s how they lose it. But it is wayyyyyyy better than renting any day of the week. Be smart about it.

  • @ericwist
    @ericwist День назад

    No matter what sellers have to pay commision if not nobody buying there houses

  • @maximusmax5077
    @maximusmax5077 День назад

    I don't understand why buyers get roped into an agreement before buying the house. How is this relevant to the lawsuit? I bet this is a concession to realtors, but this is a poison pill that will hurt you more.

  • @cheryljohnson206
    @cheryljohnson206 День назад

    Jackie, I very much appreciate the information that you provide on your channel!❤

  • @lanceneol865
    @lanceneol865 День назад

    Buyers Agents should have the right to not show a property if the seller isn't offering incentives, it's called a free market. The buyers Agents is in the interest of the buyer, if the seller isn't offering incentives that means the buyer has to pay his own Agent which is more Money in an already expensive process. Keep in mind when sellers "pay" Agent fees it's really the buyer who pays because agent fees are already built into the asking price.

  • @jukodebu
    @jukodebu День назад

    Its liability Jackie

  • @rodey6594
    @rodey6594 День назад

    Trust me, I've lived in a home thats built in the 70s, and they sucked as well 😂 at least with the new construction things, which are more up to date codes. With older home youll be surprised with the upgrades you gotta do.

  • @janitzamurga3271
    @janitzamurga3271 День назад

    Central Florida is a bit cheaper, I live in Winter Haven, FL and houses start around 230k. If you really want to live cheap, buy a mobile home and put it on a paid off plot of land and live off the land. I only pay $641 a month. Mobile insurance, I pay $260 every 3 months. We are able to save money and not struggle. FL is beautiful, sometimes I do miss my 4 seasons but I don’t like the cold so FL works for me. In my opinion, the best parts of the FL is the costal areas (Sarasota, Anna Marie Island, Siesta Keys, and etc. to name a few.) I don’t own a pool, not really crazy about it, but a.c. is essential lol 😆

  • @LJ-jq8og
    @LJ-jq8og День назад

    BUILDERS today are CRROKS ! 👺... Friend who is 3rd generation builder said they are all THIEVES today ❗

  • @Karibbean
    @Karibbean День назад

    I aint paying NOTTIN' 😂😭😂 (Kidding already a home owner) 🏡

  • @AnishBhajjan-bb4xp
    @AnishBhajjan-bb4xp День назад

    Thanks for a ton of very good & helpful information. Keep up the good work. 👍