I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
@brucemichelle5689.
7 күн бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@carssimplified2195
7 күн бұрын
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
@PatrickFitzgerald-cx6io
7 күн бұрын
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
@carssimplified2195
7 күн бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
@PatrickFitzgerald-cx6io
7 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@jbuggy21
Ай бұрын
That is a very cool tool, thank you for putting that together. We just listed our house (concealable condition). We had good mechanicals. Then spent $35K (5.5% of ARV) to fix a few small but significant issues, plus the cosmetics (paint, carpet, blinds, kitchen countertop, deep clean) so the home showed as move-in ready. Other than windows and kitchen cabinets, we polished all the remaining rough edges. We went a little over budget so no staging, but the vacant photos + virtual tour looked great. We also did pest and home inspections so we could fix the mandatory and disclose everything else before offers came in. We got an offer $15K over list within 4-days, they waived appraisal and inspection. We estimate we're grossing $70K more than we would have had we not spent the $35K. Knowing our market really was key in making our decisions. We're proud that we bought our new buyer's time...my guess about 5 years...there are still updates to do, but there's nothing they have to immediately start working on.
@KatiSpaniak
Ай бұрын
This is wonderful!! Thank you so Much for sharing!!
@pxn748
Ай бұрын
we just bought an "unpolished potential" roof-2023, A/C 2023, H2O heater 2022, and we don't have to undo any renovation we didn't like!
@KatiSpaniak
Ай бұрын
Excellent!
@amanacatandhisdog8836
Ай бұрын
Love how you use pictures as concrete examples of the points you are making.
@KatiSpaniak
Ай бұрын
Thank you!
@angelbulldog4934
28 күн бұрын
We have become a nation of such precious princesses. Everybody wants "perfect" (which doesn't even exist in the human realm), but "perfect" means its somebody else's design choices. That's a big and hard no for me. I want it to look like me, not Tarek and Christina! 😅🤮 In 1988, my ex and I bought a '59 brick ranch--3 BR/2 BA with lots of good features. The decor was old, but it was a joy to turn it into OUR home, step by step. We must have been marginally successful. Friends came in, kicked off their shoes, and put their feet up. That was exactly what I wanted. 😊
@MargueriteSolari
9 күн бұрын
A generation has been raised on HGTV, and expect their first home - there is no longer a "started home" apparently - to come straight out of a design magazine, and needing absolutely nothing.
@waterbug1135
28 күн бұрын
The question owners should be asking is "do I need a listing agent"? And don't ask an agent. On a $500k house the listing agent wants $10-15k...for what? Pics? An owner can hire the same pro for $139. Sign? That's just to advertise the broker. Homes really don't need a sign. Cheap if you want one. Lockbox? If a buyer is actually interested they will make an appointment so you can be there. The lockbox thing is so agents can show a buyer a bunch of houses just for comparisons to educate the buyer. Listing on MLS? Anyone can list for $200-400. Last thing listing agents say they do is "help negotiate" with buyer. You can't negotiate? It does take some effort in coming up with a price you'd be OK with. That's what makes negotiating easier.
@laurachau1847
27 күн бұрын
You can say the same thing for a lot of services. Why hire an accountant when you can research and do it yourself? Why hire a plumber? Electrician? Lawyer? Contractor? Heck I’ve even diagnosed a family member with Alzheimer’s with google! Nowadays you can google anything and everything if you want to do it yourself. The catch is for a lot of people they either don’t have the time or the desire to learn. They work enough hours and want that family time. Also, some people are just not good at negotiations or they’re introverts. There could be many reasons why people want to hire professionals to do the work for them, people who already know what to do and are doing it over and over versus someone who has to spend hours researching how to do something. So here’s the answer to your “why hire” when you can do it yourself.
@highonsmog
23 күн бұрын
I'm not an agent, just a guy on YT. Agents ARE often a terrible waste of money, but if chosen carefully, can bring you closer to a decent deal. Let's say you sell FSBO, and buyer walks in to your showing. They talk to you directly. They hear your lack of confidence, or overconfidence, and know how to proceed with manipulating you. A good realtor is impartial, not as desperate, but "greedy" enough to get the sale done on seller's terms and in their interest. I know a small business lady who sold her home to another woman who she resonated with. Lady gets the offer, accepts it, and woman who bought it verbally gave her 90 days move out after signing, but used a paper contract with "keys on signing". Pushed it in sellers face and told her to move out while she was packing her 80 years worth of treasures, and took everything she owned and sold them or tossed them. Make matters worse, buyer rented the home and barn to a dozen renters, turning her old neighborhood into a parking riot, so seller's neighbor friends were dismayed. Seller died a year later. RIP. She was my mom's friend. The point, we humans get personal. We screw up.
@kathrynp7595
Ай бұрын
The visuals are so helpful Kati
@KatiSpaniak
Ай бұрын
Glad you like it!
@mettajennifer
Ай бұрын
Backs up to a PANERA!? yes please 🤣
@stanleyhape8427
21 күн бұрын
When we decided to put the house on the market, the realtor walked through and then wanted to sit down and "talk about it ". She had list of high dollar renovations that "needed to be done " to appeal to the biggest group of buyers and get the best price. Yes, i understand that if i spend money, i can get the money back with a higher price. But that is time off the market to complete those renovations and potential problems along the way. Plus the buyer will be living with my style choices and not theirs. Not every kitchen needs to be gutted and redone every few years. Our house is move in ready. It's a fully functional house. We spent a few weeks cleaning, painting, and all kinds of stuff. The realtor was pleased and disappointed that we didn't take her advice. I think some people confuse a well taken care of dated house with a house in poor condition.
@cherylanon5791
10 күн бұрын
Yes, I get tired of hearing "that's dated" as if it's bad, bad, bad. I would rather buy a solid constructed home with good mechanicals & roof, water & septic/sewer, which is a bit dated or even a lot dated, than some of these plastic-y grey walls and white plastic woodwork.
@nutritioncoachjo
7 күн бұрын
@@cherylanon5791I hear ya! Flips actually scare me more than a house that may just need a little updating. I see flips as “what is under all that cheap new remodel”. I personally wouldn’t buy a flip but my husband was a former home builder so that may have something to do with our mindset.
@virginiamoss7045
Ай бұрын
The unpolished potential homes shown have rugs on top of carpet. That makes me head explode! Not only is the rug a tripping hazard, but it clutters the room, making the floor space seem smaller. And carpeting is generally undesirable for a lot of reasons.
@estebancorral5151
Ай бұрын
You are on the money. Also, carpets are havens for dust mites,dust, pet dander, etc.
@curtissharris8914
28 күн бұрын
One of the smartest videos I've seen in a while.
@KatiSpaniak
28 күн бұрын
Now that is a compliment!!
@thereasoner9454
Ай бұрын
Great video and information. During the video, I assumed you were going to mention landscaping at the end. I agree that if you have fresh landscaping on anything other than a Modern Move-in it makes everyone look for problems in other areas of the house. Landscaping is easy for do-it-yourself folks, and if it looks new, it's only for show to buyers. My personal suggestion is once you have decided you are likely to sell your home in the next couple years or longer, is to do the landscaping FIRST, if you are adamant about it. This way, by the time you finish everything else, the landscaping has weathered a couple years, filled in, gotten a few weeds growing, but still looks amazing, yet lived in. It shows as a better taken care of home. Keep up the good work, you got my SUB!!
@KatiSpaniak
29 күн бұрын
Thanks for your awesome comment!!
@ArtamStudio
28 күн бұрын
"Is there a reason someone wouldn't buy your home?" Yes, it's a condo. We condo owners are screeeeeewwwwwed!
@Eirene-vw1dt
20 күн бұрын
Exactly but I'm going to give ity best shot anyway.....no way I'm staying $450 a month for nothing....like living in a prison.....I'd rather live in a yurt on a hill and may just end up doing that!
@Web3WondersUS
Ай бұрын
Great practical advise. As a gardener, I didn't like the last one but house after house, so true! And my forever home, where we have so far spent 15 years, I am holding off on the expensive hardscape until I can see clearly forecast my 15 year living arrangements and you provided the roadmap I needed. Thank you!
@KatiSpaniak
Ай бұрын
Thank you for your comments!!
@showdogmissy
Ай бұрын
I can't wait to see the next videos.. I really enjoyed this latest drilled down version of the 'home status' categories.
@KatiSpaniak
Ай бұрын
Thanks!!! Glad you liked it!
@rickdejean4649
Ай бұрын
I need to take less naps and get busy. But I don’t want to wake the cat 🐈
@KatiSpaniak
Ай бұрын
Huh?
@lynnz109
Ай бұрын
I get it! I would work on that project but I don't want to wake the dog!
@SigFigNewton
Ай бұрын
Why would you replace a fully functional driveway with a fully functional driveway unless living in HOA that forces the neighborhood to waste millions to make the neighborhood worth a hundred thousand more?
@KatiSpaniak
Ай бұрын
Well most people like their homes to look good
@estebancorral5151
Ай бұрын
What type of idiot would by a house having their property rights fettered by nit-picky pscychopaths?
@SigFigNewton
Ай бұрын
@@KatiSpaniak yeah people are pretty silly, huh Here let me plant and water this invasive grass species in a region short on water
@adriaba790
26 күн бұрын
Maybe because the functional highway is cracked and Will fall apart shortly
@USmomma4
28 күн бұрын
What amazing, helping content! Thank you so much for your guidance!
@KatiSpaniak
26 күн бұрын
I'm so glad you found the content helpful! Your support means a lot to me!
@lisafreda2873
Ай бұрын
Excellent video Kati. Thank you
@KatiSpaniak
Ай бұрын
You are welcome!
@brianjames4169
18 сағат бұрын
YOU are GORGEOUS!!!
@flhbradley
29 күн бұрын
My husband spilled water soluble paint on carpet but cleaned it with carpet cleaner. Should I put some type of wood floor in? This is a Hugh room with a medium splotch on the floor. Frances
@KatiSpaniak
28 күн бұрын
Hard to say without knowing the condition of the rest of the house
@angiew4544
29 күн бұрын
Everything in our house will be pretty much done when we sell but not planning on putting in new ac or heating. AC is about 18 years old and heating 20+ but everything works and have had no issues. Figured with everything else done the buyer should be ok with having to replace at a later date since nothing else needs to be done.
@cherylanon5791
10 күн бұрын
If the HVAC passes inspection with flying colors you're good to go!
@ann419
Ай бұрын
Thanks so much for this, it's your best video yet! And I love all your videos! The quiz is super helpful and makes a lot of sense.
@KatiSpaniak
Ай бұрын
Glad it was helpful!
@KatiSpaniak
Ай бұрын
My best video yet!!
@designalternatives2757
7 күн бұрын
What is minimal renovation costs a fortune these days! Contractors are gauging people';s eyes out!
@merrywalsh2809
Ай бұрын
I bought a modern move-in a year ago, because that is how I get to roll at this stage in life lol. It is a twenty year old property, flipped. I marveled that he did the job right. He did not just give it a surface shine. He updated every single appliance with high end replacements, including AC, and finishes. He added some bells and whistles, some of which were lost on me TBH. What does a 74 year old woman need with five TVs, 3 sound bars, and seven dedicated Sonos systems to include the garage and two outdoor areas? Do I appreciate the relaxation afforded by the Jacuzzi tub that powerfully roars to life amidst changing colors of the water? His only mistake, arguably, was not considering the type of buyer, as my neighborhood is largely retired professional folks. The flipper is in his 30s.
@KatiSpaniak
Ай бұрын
Glad you found this perfect home!!
@user-un3jm7im7t
4 күн бұрын
Age of the house is relative to the market.
@pippenlapue9643
Ай бұрын
I just turned 60 I retired at 55 and traveled done for now. I plan on living in my home for another 15 yrs. When is it okay to give it a face lift.
@KatiSpaniak
Ай бұрын
Whenever you want! Do it for you if you are going to be there for 15 years
@estebancorral5151
Ай бұрын
@@KatiSpaniakthat is the dumb answer. Do it in the spring or summer when the weather will not impede the work.
@MomAsol
23 күн бұрын
great video I learn lots of ideas thanks for sharing.
@Pipsterz
Ай бұрын
13:31 🔥🔥Hey Kati, The quiz is *_not_* in the Seller's Handbook as stated ("it's all printed out in there"...?) We downloaded it, checked all 24 pages and there is no quiz showing. Please update. Thanks.
@mistyhead1
Ай бұрын
My house has hardwood floors. We have wall to wall carpet over the hardwood floors. Should we leave the carpet down or rip it up? We don't want to spend the money to refinish the hardwood, so we are wondering if it would be better to just leave the carpet down or have the old hardwood exposed without refinishing it.
@KatiSpaniak
Ай бұрын
Rip it up. It shoots better in photos
@MomAsol
23 күн бұрын
I bought my house and has old dirty carpet on it I cleaned it many times but it always has stink smells to it. Good thing I rip it all up and found a beautiful hardwood floors under the carpet but only problem is it has some paint splatter in like dots in many areas. I did all the cleaning using paint removal it does need some work but now all good then I cleaned well and Polished it now it looks like brand new floor. I only spend maybe $10.
@user-rk8zc7xn6k
23 күн бұрын
Thanks for sharing good advice. H.Lee Dye Remodeling Contractor
@laurachau1847
27 күн бұрын
Love your content! Thank you! ❤
@KatiSpaniak
26 күн бұрын
Thank YOU!
@KidCity1985
Ай бұрын
Reall great vid, thank you.
@KatiSpaniak
Ай бұрын
Glad you liked it!
@tibitaylor
Ай бұрын
I downloaded the document and there is no mention of a quiz. The version on the link is Seller's Playbook - Download 7_24. Please advise.
@tibitaylor
Ай бұрын
@@KatiSpaniak Yay! Many thanks!
@historicaltvvideos8971
29 күн бұрын
Don't buyers realize that everytime they have the house inspected, the price goes up and time is wasted?
@flhbradley
29 күн бұрын
The paint won’t come off the carpet. Frances
@EmpressBree
23 күн бұрын
Could you do this from the buyers pov please❤️
@cherylanon5791
10 күн бұрын
There's not enough Sellers right now-- so Kati is desperate to find homes to sell, for her buyers who are waiting. Kati is trying to encourage people to get their homes cleaned up and ready to sell!
@EmpressBree
9 күн бұрын
@@cherylanon5791 Understandable. Thank you 😊
@marieh9627
28 күн бұрын
These houses look like all of the old, neglected houses selling for 700K in NJ.
@fasteddierocs
12 күн бұрын
Fake out the buyers ? Nice one
@user-fg1ke9yp7z
Ай бұрын
Where do you find the quiz?
@KatiSpaniak
Ай бұрын
In the playbook sellerplaybook.com
@user-fg1ke9yp7z
Ай бұрын
There it is. Thank you!
@s99614
Ай бұрын
So, pressure wash the back deck?
@KatiSpaniak
Ай бұрын
Yep
@denisebenedict9692
29 күн бұрын
The quiz is not in the playbook. ???😢
@KatiSpaniak
29 күн бұрын
It should be, where did you download it from?
@joannebutzerin6448
26 күн бұрын
Your link for the playbook does not workl
@KatiSpaniak
26 күн бұрын
Hi, sorry about that! Please use this bit.ly/SellerPlaybook71
@thatguy7085
28 күн бұрын
Driveway refinish… about $300. Not expensive at all.
@KatiSpaniak
28 күн бұрын
Not to replace the asphalt
@thatguy7085
28 күн бұрын
@@KatiSpaniak no need to replace… patching shows you are maintaining the property. I’ve done it for both concrete and asphalt. Both are inexpensive if you do them yourself. I just refinished a driveway for under $200. Looks new. Just fill in the cracks, then apply a top coat with Elmer’s glue mixed into the Porter cement. Lasts for years, until it cracks from weathering again.
@stick7646
Ай бұрын
I call surface shine lipstick on a pig.
@KatiSpaniak
Ай бұрын
Very true
@dantosinferne
24 күн бұрын
Man the way you judge each tier is absolutely baffling. You show a house that is stupid gorgeous and youre talking like its meh? 5:43 , Bro the fuq that house is gorgeous and worth twice what our house is worth. Wouldn't that be considered a half mil house in some locations? This channel clearly isnt for average homeowners wtf 😂😂
@KatiSpaniak
24 күн бұрын
My typical viewers are over 45 years old. And it's middle road America.
@dantosinferne
24 күн бұрын
@@KatiSpaniak more like upper mid road in hcol area lol our house is smack dab on the average home price for our state (230) and that house at 5-6min here could easily ask 100k over the average lol but you call that very dated? Not in good shape? "Ok"? A lipstick-less pig? HA! Yeah ok. Your eyes are more attuned to HGTV then average buyers and average budgets, be careful. The only dated things about it was the wallpaper, laundry flooring, and the sink, easy polish projects, such good potential that landscaping could actually bring a worthwhile return. Your surface shine example is WAY more "dated", and buyers are growing wary of obvious flips like that. Cheap new renovations are not better than older cared-for quality and the slew of internet phd millenials are catching on (and becoming the prime buyer demo). Your unpolished potential house should be flipped with the concealable. It's more dated, foundationally dated too and it would be extremely expensive to change or requires a buyer with that taste, less universal, and needs more work (but the landscaping IS gorgeous, fairly!). It seems your judgment was based less on the show quality of the home as an example and more on the scale/orig price range. The 5-6min house is the best one to invest in with wise and tasteful updates and you'd get the biggest returns. The unpolished is far more expensive to "polish". Unless you mean the entire structural design of the rooms lol Just be cautious. Don't let your judgment drift too much towards the mean. You're missing diamonds and steering people more towards trends rather than longevity and your eyes are much better then that! Never stop! Bless and best wishes
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