Ep. 23 - Sellers: Home Inspection
05/16/25 • 21 min
Ep. 23 – Sellers: Home Inspection
Summary
In this conversation, Clint C. Galliano and Ben Harang delve into the intricacies of home inspections from the seller's perspective. They discuss the importance of understanding inspection requests, the negotiation process surrounding repairs, and the overall dynamics of closing a real estate deal. The conversation emphasizes the need for realistic expectations from both sellers and buyers, and the importance of treating the transaction as a business deal rather than an emotional one.
Takeaways
· Inspections are primarily for buyers to understand the home's condition.
· Sellers are not obligated to make repairs but should consider reasonable requests.
· Buyers can cancel contracts if sellers do not respond to repair requests.
· It's crucial for sellers to set realistic expectations regarding repairs.
· The buyer's agent should manage expectations and communicate effectively with buyers.
· Minor repairs can often lead to smoother negotiations and closings.
· Sellers should not take repair requests personally; it's a business transaction.
· Understanding local regulations can help sellers prepare their homes for inspection.
· The inspection process involves multiple steps and communication between agents.
· Closing a deal is often cheaper than relisting a property.
Sound Bites
"It's not a negotiating tool."
"Don't get your feelings hurt."
"It's a business deal at this point."
Chapters
00:00 Understanding Home Inspections from the Seller's Perspective
13:32 Navigating Repair Requests and Seller Responses
18:34 Closing the Deal: Finalizing Inspection Negotiations
21:20 Disclaimer
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
Keywords
home inspections, seller perspective, repair requests, real estate, closing deals, buyer's agent, property appraisal, negotiation tactics, home repairs, real estate podcast
Click here to view the episode transcript.
Click here to watch a video of this episode.
Ep. 23 – Sellers: Home Inspection
Summary
In this conversation, Clint C. Galliano and Ben Harang delve into the intricacies of home inspections from the seller's perspective. They discuss the importance of understanding inspection requests, the negotiation process surrounding repairs, and the overall dynamics of closing a real estate deal. The conversation emphasizes the need for realistic expectations from both sellers and buyers, and the importance of treating the transaction as a business deal rather than an emotional one.
Takeaways
· Inspections are primarily for buyers to understand the home's condition.
· Sellers are not obligated to make repairs but should consider reasonable requests.
· Buyers can cancel contracts if sellers do not respond to repair requests.
· It's crucial for sellers to set realistic expectations regarding repairs.
· The buyer's agent should manage expectations and communicate effectively with buyers.
· Minor repairs can often lead to smoother negotiations and closings.
· Sellers should not take repair requests personally; it's a business transaction.
· Understanding local regulations can help sellers prepare their homes for inspection.
· The inspection process involves multiple steps and communication between agents.
· Closing a deal is often cheaper than relisting a property.
Sound Bites
"It's not a negotiating tool."
"Don't get your feelings hurt."
"It's a business deal at this point."
Chapters
00:00 Understanding Home Inspections from the Seller's Perspective
13:32 Navigating Repair Requests and Seller Responses
18:34 Closing the Deal: Finalizing Inspection Negotiations
21:20 Disclaimer
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
Keywords
home inspections, seller perspective, repair requests, real estate, closing deals, buyer's agent, property appraisal, negotiation tactics, home repairs, real estate podcast
Click here to view the episode transcript.
Click here to watch a video of this episode.
Previous Episode
Ep. 22 – April 2025 Market Update: Terrebonne Parish
Ep. 22 – April 2025 Market Update: Terrebonne Parish
Summary
In this episode, Clint C. Galliano and Ben Harang provide a comprehensive update on the real estate market in Terrebonne Parish. They discuss current market trends, inventory levels, property values, and the dynamics of new and pending listings. The conversation highlights the differences between median and average property values, the health of the market, and the implications for buyers and sellers. Overall, the hosts emphasize that despite challenges, it remains a favorable time for real estate transactions in the area.
Takeaways
· Terrebonne Parish is currently in a buyer's market with 8.33 months of inventory.
· Median days for properties to sell in Terrebonne is 92 days, longer than Lafourche.
· The median sold price in Terrebonne is $195,000, showing a 5.4% increase from March.
· New listings in April totaled 127, indicating a larger market size compared to Lafourche.
· The total volume sold in April was $18,084,410, up 70.5% month over month.
· Median list price for new listings was $215,000, reflecting a slight increase.
· Pending listings show a healthy market with 91 properties under contract in April.
· The market is experiencing a seasonal rise in listings as summer approaches.
· Understanding the difference between median and average values is crucial for accurate market analysis.
· Overall, the hosts agree that it's a good time to buy and sell in Terrebonne.
Sound Bites
"Median days in RPR is 92."
"New listings in April: 127."
"Now's the time to buy."
Chapters
00:00 Introduction to Terrebonne Parish Real Estate Market
01:32 Current Market Trends and Inventory Analysis
04:12 Understanding Property Values and Sales Dynamics
07:06 New Listings and Market Activity
10:15 Pending Listings and Market Health
14:29 Sales Performance and Closing Trends
17:17 Conclusion and Market Outlook
19:37 Disclaimer
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
Keywords
Terrebonne Parish, real estate market, property values, inventory analysis, market trends, home sales, buyer's market, pending listings, market health, real estate podcast
Click here to view the episode transcript.
Click here to watch a video of this episode.
Next Episode
Ep. 24 – April Market Update - Houma
Ep. 24 – April Market Update - Houma
Summary
In this episode, Ben Harang and Clint Galliano discuss the April real estate market update for Houma, Louisiana. They analyze current market conditions, including the buyer's market status, median property values, and the impact of interest rates on home buying. The conversation also covers active and pending listings, sales performance, and the overall trends in the Houma real estate market. The hosts emphasize the importance of understanding these dynamics for potential buyers and sellers.
Takeaways
· The Houma market is currently a buyer's market with 7.68 months of inventory.
· Median sold price in Houma is $197,000, with a 96% sold-to-list price ratio.
· Interest rates are fluctuating, but buyers should focus on purchasing what they need.
· The median estimated property value in Houma is $221,000, showing a slight increase.
· New listings in April had a median price of $235,000, indicating stable pricing.
· Active listings have increased, suggesting a recovery in the market post-Ida.
· Pending listings show a healthy turnover with 70 properties going under contract in April.
· The average days on market for sold properties is 99 days, indicating a steady pace.
· Buyers can negotiate concessions in the current market due to increased inventory.
· The hosts encourage listeners to reach out for real estate advice and assistance.
Sound Bites
"The market's still active."
"We have recovered from Ida."
"We're in a buyer's market."
Chapters
00:00 Introduction to the April Market Update
03:21 Current Market Conditions in Houma
06:11 Median Property Values and Trends
09:19 Interest Rates and Buying Strategies
12:15 Active Listings and Inventory Analysis
15:06 Pending Listings and Market Dynamics
18:28 Sales Performance and Closing Trends
21:24 Conclusion and Future Outlook
25:29 Disclaimer
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
Keywords
Houma real estate, market update, property values, interest rates, home buying, real estate trends, inventory analysis, pending listings, sales performance, REALTOR insights
Click here to view the episode transcript.
Click here to watch a video of this episode.
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