Real Estate Fun
It is big and yellow and only in Winston-Salem.
What is the SHELL gas station?
“The house feels too big now that all the kids have moved out”
What is a empty nester?
The name of the webportal that seems to give inaccurate home values.
ZILLOW
An snapshot in time of the value of real estate required by mortgage companies.
What is an appraisal?
You'll find this missing in most homes of owners 55+
What are stairs?
True or False: Amanda can help your friend or relative in any other state to buy or sell a home.
TRUE (referrals 25% commission)
“My Dad just passed away” - what type of sale is this?
What is an estate sale?
The current average days on market for a property in the triad area.
What is 22?
Name a typical inspection a home buyer would require before purchasing a home.
What is a home inspection?
This steep, dormer decorated roof and bedrooms on both the first second floors are characteristics of this common home style.
What is cape cod?
The Flintstones lived in this town.
What is bedrock?
“I'm tired of paying rent with nothing to show for it”
Who is a renter?
The type of market we are in where inventory is increasing but still below 4 months. Homes are still selling close to asking price if priced correctly.
What is a seller's market?
A document that a buyer must sign before they can see a property or make an offer to purchase real estate.
What is buyer agency form or permission to show form?
The front door of this home opens in between floors and you enter on a staircase landing.
What is bi-level OR split foyer?
This real estate board game became the best selling boardgame in the US just one year after it was created.
What is monopoly?
“Now that I’m retired, I want to travel more and not worry about keeping up my house”
What is a retirement home or downsizing?
The type of market where there is 4-6 months of inventory and buyer and seller equally have negotiation power.
What is a balanced market?
A document that a seller must provide to a buyer that reveals all known defects of the property?
What is residential property disclosures?
These two common features are needed in a room for an appraiser to consider it a bedroom.
What is a window 9egress) and door (ingress)?
NOT A CLOSET (MYTH!!)
This town was built on and around Salem cigarettes.
What is Winston-Salem?
“Mom can’t take care of herself anymore and is moving in with us and the kids”
What is upsizing or multi-generational home?
The type of market with 7+ months of inventory where the buyer has full negotiation power and homes are sitting on the market for months.
What is a buyers market?
A document that is required if a house was built before 1978 disclosing a certain finishing substance.
What is lead based paint disclosure form?
The amount Amanda is paid after Keller Williams and Gary Keller take their percentage in each transaction.
What is commission?