To Price a Home, Do You Need To See It? -EP83

On this episode of the Real Estate Fight Club podcast, hosts Jenn Murtland and Monica Weakley discuss the question: “Do you need to walk through a house before you price it?” Tie-breaker Michelle Weadbrock joins in to express her views on the topic. 

 

Episode Highlights: 

• Jenn says she does not need to do a walkthrough of a house before pricing it because in this market, you can get a close figure that would be good enough.
• Monica points out that there can be issues like smell which can affect the pricing of a house. 
• Jenn supports technology-based research and gathering the details on a client call. 
• When it comes to visiting houses, Jenn is 50-50 about it. She is not a “YES” all the time. 
• Jenn says, “Where we live, there are not a lot of variables.” If she is an area with a lot of variables, then she will go.
• Monica shares one incident when she visited a house, and there was a working wood mill behind it. It was great, but it was loud. 
• Monica stresses the importance of visiting a property to plan the staging of the house properly.
• Jenn and Monica discuss how you can get persuaded or influenced once you get into a house. 
• Tiebreaker, Michelle Weadbrock, thinks that if you ask the right questions visiting a property is not required. 
• Michelle  uses technology as a tool to tour the house using video calling to look for things  like broken ceilings, cracked walls etc.
• Jenn asks, “Are there certain circumstances when you absolutely have to walk through a house or  do you think that you never have to?” 

3 Key Points:

1. Monica points out that apart from the smell, the woodwork and condition of the house are also important to note. "When you get inside a house, you feel it." 
2. Jenn and Monica discuss whether they would go and see the property if they get a listing. 
3. Jenn and Michelle talk about several questions that one can ask to get an overall idea about the property and if it's totally necessary to go see it in person.

 

*STOP yelling at your phone and yell at Jenn and Monica instead! Join us EVERY Thursday at 12pm EST for Real Estate Fight Club in Clubhouse. If you have an iphone but don't have an invite yet, text Jenn at 513-400-1691.*

 

Resources Mentioned:

• Jenn Murtland LinkedIn | Facebook | (513) 400-1691 | Website
• https://jennifermurtland.com/Vault/
• Monica Weakley website, LinkedIn, Facebook
• Real Estate Fight Club Podcast  Facebook page
• Michelle Weadbrock: (513) 335-7254 | michelle@reinvestconsultants.com