by Tammy Murphy | Jun 2, 2023 | BLOG, Current Events, GLOBAL, Neighbor Chat, Real Estate News, Real Homes to Love
Participating in the Jobs Ohio Quarterly Update meeting and hearing wonderful news about the progress of our state is an exciting opportunity.
“Ohio is a Special Place” (nothing new to me – of course I already know and believe this!)
The diversity of our state is helping to drive the various job sectors GROWTH, the vibrancy of our communities and the future potential we can take hold of and claim. All that being said, there is a challenge, as Lt Governor Husted stated, “We need to begin to address HOUSING” – and the low inventory levels we have had now for the last four years have added to that need.
Hear the report for yourself : https://www.jobsohio.com/about-us/meetings-and-financials/board-meetings-and-materials
It is time for our communities to OPEN their thinking and planning requirements to fast-track the housing process, so that more construction can take place; BUT, it is also time to expand housing alternatives! We must allow alternative housing structures / zoning to include: Accessory Dwelling Units (ADUs); Tiny Homes; Pre-fab / Manufactured Housing; not to mention the ability for multi-generational living and vertical living.
Easy for me to say? YES – because I have been actively working in the industry of Real Estate since 2001. I take this business seriously and know the impact HOUSING has on everyday quality of life, the opportunities it presents to people and more importantly – the impact it has on our communities overall. I care about and want to assist in whatever way possible, so that the right path forward can be forged for all. We have to address the supply of housing to begin to address the cost of housing and the circle of real estate cycles continues!! Why are our communities making decisions about housing WITHOUT having Active Realtor participation? Our Associations and committees would gladly help to answer the questions, direct the focus that is needed and to even participate and volunteer to be included in their discussions – yet many in leadership merely serve their time and pass the buck to the next party. Without an answer to the question of housing – we cannot address the other necessary topics (affordability, homelessness, blighted redevelopment, incoming job growth) all of which should be just as important for community leaders to begin addressing as well 😉
I am not “just a Realtor” I AM YOUR ADVOCATE for property rights and opportunities. I help people to buy, sell and invest in what is typically their LARGEST SINGLE AND MOST EXPENSIVE FINANCIAL ASSETT and I do this with integrity and with the client’s best interest at heart. Seems to me – I might be that person who would be good to have a part of the planning??? At least I am willing to make myself available and help dive into the process with you!
I’ve been talking about topics that are now starting to “trend” but I was saying it LONG before – and I believe alternative housing is going to be the necessary, next thing. Soon I will get to report on a factory tour for a prefab manufacturing facility in our area, and I am planning to venture out West to tour another facility – because I know how important this next step is for people and for our communities. WATCH for updates and I’ll be sure to share my thoughts and findings with you 😉
by Tammy Murphy | May 30, 2023 | Beavercreek, Bellbrook, BLOG, Centerville, Clearcreek Township, Clifton, Current Events, Dayton, Deweese Park Area, DOWNTOWN, Englewood, Fairborn, Germantown, GLOBAL, Huber Heights, Kettering, Lebanon, Mason, Miami Township, Miamisburg, MIddletown, Moraine, Oregon District, Piqua, Real Estate News, Riverside, Sugarcreek Township, TIpp City, Trotwood, Troy, Union, Vandalia, Washington Township, Waynesville, West Carrollton, West Chester, West Milton, Wilmington, Xenia, Yellow Springs
Festival Season is Here ! With the nicer days of spring leading into the summer stretch – we know that EVERY WEEKEND and just about EVERY COMMUNITY has something special to offer YOU. Not sure what Festival to attend?? You may want to checkout a few of our highlights from last season – to get a feel of the festivals and communities – and to pick the one best for YOU!
TIPP CITY MUM FESTIVAL
BEAVERCREEK POPCORN FESTIVAL
WAYNESVILLE SAUERKRAUT FESTIVAL
Or maybe you feel like taking a nice leisurely drive through one of the surrounding counties? Preble County has some amazing scenic bridges that are worth seeing, along the way enjoy food in local restaurants and see a bit of the slow lane of life 😉 COVERED BRIDGES TOUR OF PREBLE COUNTY
And last, but certainly not least – don’t forget to check out a few of the FIVE RIVER METRO PARKS for water activities, bike trails and MORE – like – the WEGERZYN GARDENS & CHILDRENS PARK
by Tammy Murphy | May 15, 2023 | BLOG, Current Events, Real Estate News, Real Homes to Love
Why Emergency Preparedness? No one really thinks about having an emergency plan – until it is almost to late. However, this time of year it may be beneficial to put a little thought into the “what if” scenario and make an actual plan, with the hopes of course that it is never needed.
My family thinks I may be a little “too overboard” with this – thru the years we have done a number of things, like: having a “go bag” ready and in the back of the car; having emergency food storage; having a backpack with flashlight, weather radio, granola bars and water stuffed in the hall closet with a pillow and blanket; to talking about a check-in point when going on vacation in the event we get separated. OK – so call me a little OCD if you want, but the peace of mind I have had in those instances of “feeling prepared” certainly out weighs any inconvenience they may have felt.
When our area had the massive outbreak of tornadoes during Memorial Weekend 2019, it was a flash back to the Xenia tornado in my mind. 2019 was worse – because it affected a wide range of our communities and had far more impact to our housing and roads and normal activities, for a much longer time due to then the onset of Covid.
Fires in California, massive snow storms across many states, now rain and flooding – it isn’t necessarily the apocalypse but it sure is enough to make a person a think “WHAT IF”.
Personally, I suffered a total loss of a home and know that there are some things you cannot plan for nor expect and it certainly can take time to re-build from a point zero position after such a loss. In the end, if all we loose is material “things” – then we can count ourselves among the lucky. I was blessed to have had friends and co-workers assist with their prayers and well wishes and clothing donations, with insurance to take care of other necessities. But I did take away from that experience a plan of action to at least try and be prepared or willing to plan when situations may present for action.
Here are just a few things that might help you 😉
Having a “go bag” is a great idea – I think of it as a what if I needed to make a quick run out of the home to another location – what would I need. Nothing big and bulky, but a quick change of clothes, important documents or small treasured things that might be nice to have (something that can “ground” you in an otherwise chaotic or challenging time). I have that bag packed and ready to grab – at times, I have kept this in the back of my vehicle as I maybe felt that was a step more proactive. If you have multiple family members in your care – this may mean multiple bags, so decide accordingly.
When you see pictures / video of tornado destruction – you might be struck by how “explosive” the scene looks, everything scattered and who knows if anything can actually be salvaged. I’ve thought about this and think that a good “attempt” to try and save some things may happen in a couple of ways: packing that luggage you have stashed in the garage – with actual clothes you might need, documents, keepsakes. I mean, they won’t take up any more room if they are filled with these things – so why not at least have a bag (or two or three) packed for the “what if”. Good to have your contact information inside of the bag, on the outside or with a luggage tag – in the hopes that if it is blown away (as a whole) that you stand a good chance of being able to claim / recover when found.
We all have important documents that we don’t want to carry around with us, but if we lost them – we’d have a hard time replacing them as quickly as they might be needed… If you have a water resistant pouch / bag that you can keep these documents in – placing them inside the dishwasher or refrigerator may help secure these from blowing away or burning in a fire. Now that of course means you at least are having a little heads up about a situation – but some of the household appliances seem to fair pretty well, at least by being intact – therefore some chance of these being protected. Of course, a fire safe / lock box is also well advised protocols.
Speaking of protocols – SCANNING any documents you have that can then be pulled from computer access or even your phone is a good thing to do. If you do not have the ability to “scan” documents, I am happy to provide this as a service for you, you can take them all on a zip drive and feel better prepared.
The other thing I learned (the hard way) was to have PICTURES / VIDOE of the household – of closets full of clothes, shoes and things; the drawers, the things you just won’t think about having accumulated – until potentially too late when you are trying to “make a list” after the fact. Having some record of inventory of things will help you to know what insurance claim to make, what items to look for and eventually those things that you may want to replace. (Also good to have on that zip drive with your documents)
Our hope is not to cause panic for anyone by talking about emergency preparedness – but to hopefully prompt you in advance of a potential loss to be better equipped for the situation. Really narrowing down those items that are most important to have on hand / secure in the event of gaining safety is a great first step.
by Tammy Murphy | Apr 3, 2023 | BLOG, Current Events, Real Estate News, Real Homes to Love, Sellers
Reading the Listing Agreement your agent is presenting to you – is just the beginning. But as someone who may not have recently sold a home – you have no idea what to look for or ask.
Here are a few things to HELP YOU make the right decision.
(not just about – Is it the right decision to SELL the house or WHO is the right Realtor to use) but:
What is the difference between an “Agent” and a REALTOR?
What is the Listing Agreement TERM (are you really wanting to give someone 40 years to sell the property??) Yes – I know that sounds EXTREME – but WHO WOULD HAVE THOUGHT that was an actual thing? (Until of course the news made us all aware IT HAPPENED).
Now, we can’t name names – or identify the potential “brokerage / agents” who were involved with this ridiculous listing agreement for 40 years (due to our Real Estate Law and Ethical Code) which seems ironic that we can’t call out something as crazy as this – but THEY can DO IT?!?! (Well, that is still to be decided).
Anyway, here is my go at calling out a few things you SHOULD be aware of from the start:
An agent – MAY or MAY NOT be LICENSED with the State to Sell Real Estate. Ohio REQUIRES a Real Estate License for the activities involved with buying / selling / representing others in real estate and being compensated with payment; including PROPERTY MANAGEMENT (unless it is your own property and transaction). Your first clue – ASK IF THEY ARE A REALTOR and then you can look this up online – free, at https://elicense3.com.ohio.gov/lookup/licenselookup.aspx.
Legally and Ethically – a person cannot use the term REALTOR without being a Realtor, paying those National / State and Local Dues and adhering to the Code of Conduct. Does that mean bad apples slip in or hide from the process? Sure – but at least that is a good place for you to start.
The “Term” of your listing agreement is normally considered to be the amount of time you agree to work with that Realtor / Brokerage in the efforts to sell your property. This could be ONE WEEK (although not normally this short) – to ONE MONTH, or even ONE YEAR – really, it can be ANY length of time that is agreed between the parties; but NEVER HAVE I EVER seen one for multiple years. No one wants to do paperwork needlessly, so making an agreement by the day would be just as unlikely. If the market turnover of listings is less than six months, then agreeing to a Listing Agreement of six months would seem reasonable and customary.
SECOND, you should be given or receive a COPY of anything you sign – at any time. I like to provide a copy in advance, certainly giving you plenty of time to review BEFORE SIGNING, or at any point if you lose your copy, I am happy to provide. If you want to have an attorney REVIEW the Agreements and any Documents PRIOR to the actual Listing of your property – that is certainly YOUR RIGHT.
The next thing to raise alarm – is this part about a LIEN AGAIST THE HOUSE. In no language of our board sanctioned Listing Agreement is there anything that refers to the right of the Broker to hold / take a LIEN against your house! No reason whatsoever for this to be a part of the Listing Agreement, it is not needed in order to SELL the property and YOU should BEWARE of having to give up ANY OF YOUR RIGHTS just to try and Sell the Property. It’s almost as ridiculous as saying you have to give the title to your car just to get it serviced or washed!!
Finally, in this case that has made the news circuit – it sounds like an OFFER was made in advance of the Agreement for a “Payment” to be made to the Seller for the opportunity of the company to get the Listing Agreement. I don’t know about you – but THAT would certainly raise a red flag for me! Offering to PAY someone for the ability to SELL their home maybe be considered an inducement and I would question if that was Ethical, let alone Legal – especially since that is NOT THE NORM in our Industry.
The saying, “If it seems too good to be true – it probably is” rings loud and clear!
by Tammy Murphy | Feb 6, 2023 | Buyers, Real Estate News, Real Homes to Love
You know that feeling you get when you are “HOME” – it is one of comfort, safety and feeling accepted. Sometimes you have this feeling as a child growing up – and sometimes maybe you only have it for a portion of the time. But it is safe to say, that the foundation for the feeling of “HOME” started with your childhood.
NOW, how to recapture that when it is time to make your first home purchase?
Well, it starts with working with someone as a trusted advisor a REALTOR who comes recommended by someone you know and trust or by doing an interview with potential Realtors until you find “the one.” As a new person starting this process, it may feel as daunting as the prospect of finding “THE ONE” of anything else in life… The One – Partner, The One – Career, The One – House, etc. All important decisions certainly; but, just as critical as selecting THE ONE, is KNOWING you have The One – or not being afraid to say, NEXT until you do.
There IS a confirmation you feel, something inside that let’s you KNOW you have made the right choice. Sometimes, I think it comes from the confirmation that the process is EASIER – or at least feels like it is worth the extra effort.
I’ve literally had clients who toured many houses, and for a “feeling” they get, when walking into a particular ONE – they knew it was their place to call HOME. And that is when we kick the process into the next gear!
I am HAPPY to schedule a time to meet with you in person, talk over the phone or via ZOOM – however is best for you to communicate and on a schedule that works for YOU.
If you are not the type of person that “feels” things – an analytical approach to your search may be a better approach. And again, knowing that you have a trusted advisor for the process who is able to assist you with explaining the numbers for the process of your purchase is critical to you understanding what is the right decision for you. It may not just be about the purchase price, it could be the terms of your loan that are most important; it could be the actual out of pocket expenses that lead you to the final decision – and all of these are important components of the process that can be determined, and maybe even negotiated for your benefit.
ASK ME HOW I CAN GO TO WORK FOR YOU!
by Tammy Murphy | Apr 23, 2021 | Real Estate News
And do I need to OFFER MORE THAN THE LIST PRICE to BUY a HOUSE?
In this busy and somewhat CRAZY Real Estate Market – we are being asked about the MANY WAYS you can write an offer to get the contract accepted…SOME of those ways are better than others – and of course, EVERYTHING IS DEPENDENT UPON THE CLIENT’S NEEDS.
So while we will give you some information here, it is prefaced with the fact that 1) WE ARE NOT LAWYERS AND CANNOT / DO NOT PRACTICE LAW; 2) Every person / property / loan is SPECIFIC to the transaction; and 3) General information is provided as a basis so that you have an abundance of details to make the decision BEST FOR YOU.
Escalation Clause Realtor.com Article
While it is certainly an UNPRECEDENTED TIME in REAL ESTATE, we have tried to prepare a range of those possible scenarios for Buyers and Sellers to understand a bit more of what is going on… READ our Form to learn MORE: Unprecedented Offer Scenarios
Watch this YouTube video for more information from Tammy. Escalation Clauses