Randal Jenkins's (ranro100) Blog

When the pandemic hit, we all tried to figure out what would happen to the markets.  The stock market went down on Mar 20 to around 19000, but promptly went back to the 25000’s and we were all in awe.  Who saw that coming? Instead of the predicted 22 million unemployed it came in at only 20 milli...

When the pandemic hit, we all tried to figure out what would happen to the markets.  The stock market went down on Mar 20 to around 19000, but promptly went back to the 25000’s and we were all in awe.  Who saw that coming?  Instead of the predicted 22 million unemployed it came in at only 20 mill...

For those of us that sell in Florida...it is hard to get away from the coast.  We therefor see a lot of properties in flood zones.Its OK to buy in a flood zone.  You can pay for the flood insurance and you are protected.No big deal? The big downside is that  flood zones can also be mandatory evac...

 The natural expectation is that the market...that is the prices for real estate will go down because of the pandemic.  Yet here we are 6 or 8 weeks in and prices have not gone down. The current transactions are being appraised at current market values.  We are not seeing prices drop, therefor, t...

The house is nicer than the pictures.   This is a lot better reaction than "the pictures are a lot nicer than the house."In our case, that is my brother Eric Jenkins, also a Coldwell Banker Realtor, this is by design.So many Realtors pride themselves on the professional pictures, showing the hous...

Do not use builder risk policies for flips.Use a vacant house policy.If you have a claim under a builders risk policy the first thing the insurer will do will be to pull the permits and request a copy of the expenses incurred on the home.On a builders risk policy, the repairs must be 50% of the v...

Tried to buy one of those walk in bath tubs. Kohler asked very invasive questions. I informed them, I would not be answering. After 3 times explaining to them, that I would like to buy a product and was not comfortable with their questions I politely informed the representative that I would be ha...

 Eric recalls the day he got a phone call from a couple that wanted to buy a home for their son.  I showed them 35 plus homes untill we fould one they really liked.  We placed an offer and they countered.  We accepted it.  Three days before closing I asked the buyer if he had insurance ready.   A...

Gerry called.  We had not spoken before and he mentioned that he had bought the bank owned pool home on Barrington.  I was very familiar with the home and said, Oh yes, the sink hole property.   WHAT!Gerry was not happy, he did not know.   I showed him how the property was listed on the property ...

What is the one question that shows your Realtor is on the ball?I have thought about this question.  All Realtors can do comps.  We can do searches. We can drive around and unlock doors.  We can research deed restrictions.  HOA payments.  All Realtors can write contracts, I hope.  Negotiate.How d...