Hello, everyone! Welcome to Episode 9 of the Franco Dinh Show! I’m excited to share updates as we continue into the Halloween season, alongside important insights into the real estate market.
Franco Update
As the Airbnb season approaches, I've been busy updating my outdoor space with new patio furniture. I sold some old items on Facebook Marketplace, which was an adventure in itself! When choosing furniture for your Airbnb, it’s crucial to strike a balance—avoid options that are too cheap or too high-end to ensure comfort and durability for your guests. Additionally, I draw parallels between selling on Facebook Marketplace and selling your home, emphasizing the importance of demand and negotiation.
Market Update (Cromford Report)
The Cromford Report shows a sharp increase in listings under contract, with a 14% rise compared to last year. This is fantastic for sellers, but it’s essential to remember that we’ve also seen a 52% increase in the supply of homes since last year, creating a more competitive market.
FAQ with Franco
I received a question from a past client about selling a condo that currently has tenants. I discussed the pros and cons of selling with tenants in place versus waiting until they move out. It’s important to consider that tenants can complicate showings and the overall selling process.
Survivor Pool Update
In my survivor pool, many participants were eliminated by week two, highlighting the unpredictability of the games. Additionally, I announced that my weekly betting pot of $1,000+ has been shut down by my broker, which is a bummer but I’m looking into other ways to engage my clients.
Thank you for tuning in! Be sure to check out the full episode for all the details, and I look forward to sharing more insights next week!
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