Real Estate Today Top Real Estate Questions Answered
May 2, 2025
Tamara Suminski, the co-owner of Beach Real Estate Group and President-elect of the California Association of Realtors, along with Mike Opyd, the owner of Motto Mortgage in Chicago, tackle pressing real estate questions. They delve into the difference between preapproval and prequalification, uncover strategies for pricing listings, and share tips on securing lower mortgage rates. Plus, find out if you can bring your dog on a home tour—spoiler alert: it depends!
AI Snips
Chapters
Transcript
Episode notes
Consider Price Drops for Buyers
- Buyers should consider homes with price reductions or longer market times to explore their options.
- Sellers might initially overprice, so a price drop doesn't always mean the property is undesirable.
Be Careful with Lowball Offers
- Do not lowball offers without understanding the seller's motivation and market context.
- Lowball offers can offend sellers and reduce chances of negotiation or counteroffers.
Don’t Bring Dogs on Tours
- Avoid bringing your dog on home tours to respect sellers who may have allergies or preferences.
- Consider emotional support animals as exceptions, but normally keep pets at home during viewings.