State of Real(i)ty

By: D. J. Stavropoulos
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  • Summary

  • A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com. Support this podcast: https://podcasters.spotify.com/pod/show/stateofreality/support
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Episodes
  • Episode 24: The Rationale For Downsizing And Does It Make Sense?

    Episode 24: The Rationale For Downsizing And Does It Make Sense?
    Jul 19 2023

    This episode covers a very specific topic. What happens when you consider downsizing? There are lots of reasons why people consider downsizing, but when you get right down to it, it doesn't always make sense. First, there's the financial side of it. Most people downsize, thinking their monthly mortgage payments will be less. Second, a smaller home should be less of a burden on you. Although many people think downsizing is relegated to empty nesters, a lot of other people also downsize for a variety of reasons. In this episode, I'll use my own personal example to describe the conundrum you can find yourself in when you do the deep analysis and perhaps realize that maybe downsizing just doesn't make sense after all. At least not right now. Everyone mistakenly makes it look so easy. Just sell all your junk and move into a smaller home. It's not as easy as it looks.

    If you like this podcast, please tell your friends and provide a rating on whatever platform you're listening on.

    If you like what you heard and want to see more, here are my social media links:

    Linktree

    https://linktr.ee/djstavropoulos.homes

    --- Support this podcast: https://podcasters.spotify.com/pod/show/stateofreality/support
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    26 mins
  • Episode 23: Buy First, Then Sell

    Episode 23: Buy First, Then Sell
    Jul 17 2022
    This episode covers a relatively new set of products in the real estate industry that allow buyers to literally buy before they sell. In other words, buying their new home before they sell their old one. But that's backwards, yes, I know. It's the age-old problem of having to sell your current home first because you need that cash in order to buy your new home. For most people, the equity in their old home becomes the down payment on their new home. But having to sell first usually means putting a home sale contingency into your offer, which, as I've mentioned is extremely unattractive to Sellers and likely to get your offer not accepted. Every Seller is focused on selling their home as quickly as possible for the highest price. They don't want the added risk associated with you having to sell your home in order to buy theirs because they have absolutely no control over this. There are tons of innovative startups in the real estate industry solving problems such as this, and one subset is focused on helping you with this specific issue. Three examples are Homeward, Ribbon, and Knock. Homeward and Ribbon essentially turn your offer into an all-cash offer, making it very attractive to Sellers. Both also buy your new home for you, if needed, allowing you to then sell your old home before buying your home back from them. Knock takes a very different approach. Instead of buying your new home for you or making your offer an all-cash offer, they instead loan you the equity in your home for up to 6 months with no interest so you can achieve the same results. In essence, you get your equity out of your home before you sell it, buy your new home, and then sell your old home. If you like this podcast, please tell your friends and provide a rating on whatever platform you're listening on, whether that's Anchor, Apple, Breaker, Google, iTunes, Pocket Casts, Radio Public, or Spotify. If you like what you heard and want to see more, here are my social media links: Linktree https://linktr.ee/djstavropoulos.homes --- Support this podcast: https://podcasters.spotify.com/pod/show/stateofreality/support
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    20 mins
  • Episode 22: Going Under Contract & Closing on Your Sale

    Episode 22: Going Under Contract & Closing on Your Sale
    Jan 31 2021
    This episode covers the topic of going under contract on your home. Also know as going binding because when both sides agree to the contract, it's now considered a legal and binding agreement. This is a great milestone in the sale of your home because it means you not only found a buyer, but you reached an agreement with that buyer on the terms of selling your home to them. But don't pop the champagne just yet. You typically have three hurdles to overcome before you get to closing. Most of the work happens on the buyer side, and you may feel somehwat powerless to control the outcome, but rest assured there are things you can do to influence the final outcome and reduce the chances of your buyer terminating. Remember. It's not a done deal until you get to closing, and there are several ways the deal can fall apart on the way there. Your agent's job is to reduce this risk, but you have a key role in this as well. Thanks for listening. RateThisPodcast.com/stateofreality If you like what you heard and want to see more, here are my social media links: Facebook: D. J. Stavropoulos Homes facebook.com/d.j.stavropoulos.homes Instagram: D. J. Stavropoulos Homes instagram.com/djstavropoulos.homes/ Pinterest: D. J. Stavropoulos Homes Pinterest.com/djstavropoulos2270 YouTube: D. J. Stavropoulos Homes https://www.youtube.com/channel/UCki6Zx9R6oBNUovPhVDdRvg?view_as=subscriber Twitter: D. J. Stavropoulos Twitter.com/djstavropoulos LinkedIn: D. J. Stavropoulos Linkedin.com/in/djstavropoulos If you like what you heard and want to see more, here are my social media links: Facebook: D. J. Stavropoulos Homes facebook.com/d.j.stavropoulos.homes Instagram: D. J. Stavropoulos Homes instagram.com/djstavropoulos.homes/ Pinterest: D. J. Stavropoulos Homes Pinterest.com/djstavropoulos2270 YouTube: D. J. Stavropoulos Homes https://www.youtube.com/channel/UCki6Zx9R6oBNUovPhVDdRvg?view_as=subscriber Twitter: D. J. Stavropoulos Twitter.com/djstavropoulos LinkedIn: D. J. Stavropoulos Linkedin.com/in/djstavropoulos --- Support this podcast: https://podcasters.spotify.com/pod/show/stateofreality/support
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    18 mins

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