CJ Real Estate is a full service company helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell homes, land, lake property and commercial real estate with confidence. Results matter. Choose CJ Real Estate.

Tips to Sell Your Home Faster for More

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Most of us realize that making your home as inviting as possible will attract higher offers faster because home buyers feel more comfortable. But how do you make that happen without spending a fortune?

“One of the most common mistakes that home sellers make is overlooking the simple and inexpensive steps in favor of costly upgrades” says agent Tev Brackin adding, “simply decluttering, depersonalizing, deep cleaning and curb appeal boosting lawncare will do more for resale value than just about anything you can do.”

Use this checklist to knock out the basic tasks to maximize your home’s value:

  1. Declutter every room in your house, the garage, the yard and any storage buildings.
  2. Depersonalize your home. Remove your personality so that potential buyers can visualize how their own personality will look in your house
  3. Deep clean. Think about hiring a pro – your realtor should have affordable options. Not only will they make your home sparkle, they’ll also often notice things that you may overlook.
  4. Amplify your curb appeal. Small and economical upgrades like a few cheerful flowerpots, fresh paint around the doorway, and trimming overgrown shrubs will make a big difference. Realtor Kali Blakley advises her clients to “Take a step back and add some color with potted plants – and you can take them with you after you sell.”

Of course, there are a few tasks that you may not have thought about that are absolutely worth your time:

  1. Wow buyers with inviting pictures that compel them to take a deeper look. Most buyers begin their search online. Be sure to declutter, depersonalize, deep clean and brighten your home before taking your online listing photos. Consider hiring a professional real estate photographer to maximize your appeal.
  2. Avoid surprises by conducting your own pre-listing inspection. A pre-listing inspection provides sellers with upfront information about the condition of their property, which gives them more control over repairs and potentially strengthens their negotiating position.
  3. Adjust the thermostat to make certain that your home is comfortable for potential buyers when showing the home.
  4. Make your home smell free. Taking out the garbage and recycling is obvious but removing candles and room fresheners is important too. Any smell can spoil a buyer’s opinion of your property. “Some sellers are shocked when I tell them a buyer thought that the candle scent was covering up a musky smell in the home.” Recalled agent Shelby Enyart.
  5. Avoid signs of your pets in the home. While we love our pets, dander, excess fur and messes in the yard can turn-off potential buyers.

The to-do list or home sellers may seem never ending. Use this list to help your home make a powerful impression, entice buyers, and compel maximum offers early in the process.

How Realtor Commission Changes Affect You

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Have you been hearing the buzz about changes in real estate commissions and wondering what it all means for you as a home buyer or seller? Recent changes to real estate commission structures are poised to significantly impact home buyers and sellers in Oklahoma. The media chums the water with headlines declaring things like:

  • “Real estate commissions are being slashed!”
  • “Selling your house will now be less expensive!”
  • “No more paying 6% to real estate agents!”

These changes stem from a series of legal settlements and new regulations aiming to increase transparency and fairness in real estate transactions.

They may sound like a game-changer, but what does it really mean for you? To clear up the confusion, we’ve put together a quick and easy guide. Dive in to understand the recent NAR settlement, how it will work, and how you can benefit from these changes.

First, What’s Changing?

Traditionally, the seller pays the real estate commission for both the seller’s agent and the buyer’s agent, often totaling around 6% of the home’s sale price. The settlements require real estate agents to make their commission structures more transparent and allow buyers and sellers to negotiate commissions more freely. The changes are designed to protect consumers by promoting fair competition and preventing anti-competitive practices in the real estate market. This shift aims to ensure that consumers get better value for their money​ (www.nar.realtor)​.

The settlement mandates increased transparency regarding real estate commissions. Sellers and buyers must now be informed about how commissions are divided between agents, which can lead to more informed decisions and potential cost saving. Here’s an excerpt from a National Association of REALTORS® press release that speaks to the changes most likely affect the typical home buyer or seller:

“In addition to the financial payment, NAR has agreed to put in place a new MLS rule prohibiting offers of broker compensation on the MLS. This would mean that offers of broker compensation could not be communicated via the MLS, but they could continue to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals. Offers of compensation help make professional representation more accessible, decrease costs for home buyers to secure these services, increase fair housing opportunities, and increase the potential buyer pool for sellers. They are also consistent with the real estate laws in the many states that expressly authorize them.

Further, NAR has agreed to enact a new rule that would require MLS participants working with buyers to enter into written agreements with their buyers. NAR continues, as it has done for years, to encourage its members to use buyer brokerage agreements that help consumers understand exactly what services and value will be provided, and for how much. These changes will go into effect in mid-July 2024.”

Simply stated, this means that sellers may choose not to offer or agree to pay a commission to buyers’ agents when they list their house for sale. And buyers are now allowed to choose to not work with a buyers’ agent when they buy, in hopes of saving money.

Impact on Home Sellers

Sellers now have greater power to negotiate commission rates with their listing agents. This flexibility can lead to tailored agreements that better suit the seller’s needs and financial situation.​Home sellers need to know that:

  • You may still offer a commission to buyers’ agents but, you can’t publish how you’re willing to offer or agree to on your listing.
  • In most cases when a buyers agent commission is offered, it will likely be paid through the proceeds of the sale.
  • Selling price may be impacted. The traditional practice of incorporating commission costs into the selling price may change. Sellers might list their homes at lower prices since they won’t need to cover the buyer’s agent’s commission, potentially making homes more attractive to buyers.

Impact on Home Buyers

One of the most significant changes is that buyers may now need to pay their agent’s commission directly, rather than having it included in the home’s price. This could mean buyers must have more cash available upfront, potentially reducing their purchasing power.

With the new regulations, agents might need to work harder to justify their commission rates, emphasizing their value in the home buying and selling process. This could lead to a more competitive market for real estate services, with agents offering enhanced services or lower rates to attract clients.

Legislative Perspectives

Oklahoma legislators have mixed reactions to these changes. Some, like State Senator James Leewright, saw the new rules as a positive step towards greater transparency and consumer protection in real estate transactions. “These reforms are necessary to ensure that home buyers are fully aware of the costs they are incurring and to promote fair competition among real estate professionals,” Leewright stated.

Others worry about the potential negative impact on the housing market. Representative Mark Lepak expressed concerns that the increased upfront costs for buyers could slow down the market, particularly affecting first-time homebuyers and those with limited financial resources. “While transparency is important, we must also consider the practical implications for our constituents who may find it harder to afford a home under these new rules,” Lepak commented.

The Takeaway

Aside from flashy headlines, the only immediate change for home buyers and sellers is greater transparency in the real estate process and increased control of how they compensate real estate professionals.

Ronn Cunningham, Broker at CJ Real Estate advises:

  • Budget Accordingly. Be prepared for potential changes in how you’ll pay your real estate agent. Discuss commission structures early in the process to understand what your out-of-pocket expenses might be.
  • Don’t be afraid to negotiate commission rates with your real estate agent. With the increased focus on transparency, agents may be more willing to discuss and adjust their fees.
  • Compare Services. As agents strive to prove their value, it’s a good time to compare the services and rates of different agents. Look for those who offer the best combination of services and costs to meet your needs.

While commission change may pose new challenges, they also offer opportunities for savvy buyers and sellers to navigate the real estate process more effectively.

Key Terms Every Home Seller Should Know

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Selling a home is a significant event that involves numerous steps, legalities, and jargon that can be quite overwhelming for the uninitiated. To ensure a smooth transaction and to empower yourself as a seller, it’s vital to familiarize yourself with the key terms used in the real estate market. Here’s a list of terms every home seller should know to navigate the sales process with confidence and clarity.

Comparative Market Analysis (CMA)

A Comparative Market Analysis is an evaluation of similar properties in the same area that have recently sold, are currently on the market, or were on the market and failed to sell. A CMA helps you price your home competitively by giving insight into how your home compares to others in terms of price, size, amenities, and conditions.

Listing Agreement

This is a contract between a homeowner and a real estate agent, detailing the conditions under which the agent will sell the home. It includes the duration of the agreement, the listing price, the agent’s commission, and other terms of the arrangement.

Asking Price

The asking price is the amount of money a seller requests when listing their property for sale. It can differ from the final sale price after negotiations and is often strategically set based on a CMA.

Offer

An offer is a formal proposal made by a potential buyer to purchase your home. It includes the offered price and may contain contingencies, which are conditions that must be met for the sale to proceed.

Contingencies

Contingencies refer to specific conditions outlined in an offer or a purchase agreement that must be fulfilled before a real estate transaction can be completed. Common contingencies include home inspections, appraisal, financing, and the sale of the buyer’s current home.

Escrow

Escrow is a neutral third party or account that holds funds in trust until all parts of a real estate transaction are complete. This process ensures that the buyer’s earnest money is safeguarded while purchase conditions are met.

Earnest Money

Earnest money is a deposit made by a buyer to demonstrate their seriousness about purchasing the home. It’s held in escrow until the closing and usually counts towards the down payment or closing costs.

Closing Costs

Closing costs are expenses, over and above the price of the property, incurred by buyers and sellers in transferring ownership of a property. These may include fees for attorneys, title search, escrow, home appraisal, and more.

Disclosure Statements

Sellers are usually required by law to provide disclosure statements, which reveal any known issues with the property that could affect its value or desirability. This might include past damages, presence of hazardous materials, or other significant flaws.

Title Insurance

Title insurance protects real estate owners and lenders against any property loss or damage they might experience due to liens, encumbrances, or defects in the title to the property.

Home Warranty

A home warranty is a service contract that covers the repair or replacement of home systems and appliances that break down over time. Offering one can sometimes enhance the attractiveness of the property.

Understanding these terms will equip you with the knowledge needed to engage in real estate transactions more confidently and effectively. Remember, always consult with professionals like real estate agents, attorneys, and financial advisors to guide you through the intricacies of selling your home.

Armed with the right information, you can look forward to a successful and stress-free home sale. If you’re preparing to put your house on the market, take the time to learn the lingo—it’s one of the first steps toward real estate success!

Would you like to delve deeper into any of these terms, or do you need assistance with another aspect of home selling?

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Lake living never looked so good

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Fabulous home design options full of bright and modern options.

If you’re looking to take your laid back, comfy and casual lake house decor to the next level, look no more! Updated lake decor is so easy to find these days. Lake homes are evolving into homes with clean lines, plentiful textures, and modern, simple styling. It’s contemporary but still inviting and comfortable and endlessly livable.

Todays lake home buyers are trending towards a more ‘coastal modern’ look. It’s stylish and sophisticated, elegant and beautiful, but still relaxed enough to be stress free. Learn more about how to get an elegantly chill vibe in your lake home.

Lake living never looked so good!

Long gone are those days of dark, rustic lake house decor! Now there are fabulous options that are light and bright, fresh and modern.

Your lake house will shine with living spaces full of light from warm shades of greys and shining metallics to rustic accents and beautiful organic woods. When designing spaces for an entire home, there has to be a certain flow from the textiles to cabinetry to paint colors. Great design provides a seamless transition from room to room.

Texture helps living space design pop!

Texture adds a lot of interest and laid-back vacation style to your lake house decor. Think of elements like grass cloth, rattan and raffia. These traditional, natural textures speak to the outdoor and of course, a little nod to the water and the islands.

We like to incorporate rattan into our lake decor in elements like a lighting, seating, accent furniture and more. It adds instant interest to any space, while still remaining light and bright, and so functional!

Weave a little texture in through linens – pillow covers and throws add depth and small comforts.

Texture matters so much in design – but especially when you’re working with a modern space. When you are choosing a simplified color palette, texture goes a long way to create a warm and cozy home!

Adding textural elements like pillow covers, throws and even textured furniture can take your space to the next level. Create a lake home that guests will want to return to again and again!

Crisp whites make better backdrops

Clean whites look fresh and crisp while serving as a beautiful backdrop for pops of color. They feel clean, welcoming and spa-inspired.

Image Credit: Laurey W. Glenn; Styling: Matthew Gleason

I know white might feel like a leap for some… of course, it does show dirt a little more than other colors might. However, there are two important takeaways when balancing your love for a clean, bright white interior design element.

First, consider this: if you can see the dirt, you can clean the dirt. It’s the reason higher end hotels often provide white bedding, robes and towels!

And secondly, it’s easy to incorporate white pieces that might not feel like quite as much of a risk! Choose easy-to-clean elements like this tree side table, hanging swing and stool for pops of crisp white that will leave you feeling at ease.

Crisp whites can be brought in in ways large and small. Even integrating white towels can make your home feel like a stay in a luxurious hotel!

Plush white bath towels add a luxurious touch to your lake decor and comfort.

Add fun flair to your lake house decor with a crisp white scallop quilt.

Stripes make a subtle nautical statement

Stripes are a quintessential reference to everything nautical! They speak to summer and have such a happy, preppy feel that works beautifully in lake house decor.

Another benefit of incorporating stripes into your lake house interior design? They are truly timeless. Historic homes and resorts from decades ago were using stripes to welcome guests in a fresh, bold way… so why shouldn’t we continue the tradition?

Much like a beach house, a lake house should reference the water in some way… and there’s no better way to do that than with fresh, bold stripes!

Details make the difference

Add in a few nods to lake life. Don’t be afraid to integrate them, just remember to do so, sparingly.

Oars can give your home a sense of adventure. Hang above above a large window or replace a banister with one to make a unique handrail.

You can integrate boats, ropes, cleats and anchors in unexpected ways. Cleats make great towel hangers!

More Lake Decor Tips

Enjoy all the fun designing your stylish lake home without getting to complicated. A few well-placed details go a long way towards personalizing your cozy getaway.

  • Try a wooden oar or heavy duty nautical rope as your stair railing or even to hang curtains!
  • Incorporate natural, soft wood tones like white oak floors to embrace the rustic lake setting.
  • Add a Bunk Room – there’s nothing that feels more like a lake home than that!
  • Personalize your wall art with inexpensive photos of family time at the lake, or personalized maps that reference your location.
  • Create an nook under your stairs or anywhere – perfect for overflow guests and a great space for the kids to read on a rainy day!
  • Embrace the view. Frame it with your furniture, create nearby seating areas and keep windows unobstructed. It’s the perfect space to create a window bench seat.
  • Don’t forget outdoor spaces. Bring the comforts of home, outdoors! Lighting, rugs, side tables, coffee tables, cozy sofas and more!
  • A few details go a long way. You can integrate a nautical fixture or brass cleats, but tone it down with more subtle nautical nods like crisp whites and striped towels.

Looking for more lake house inspiration? Reach out to Tev, Shelby or Kali today. They’ll be happy to connect you with a designer that’s just right for your taste and lifestyle.

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Kali Blakley Joins CJ Real Estate

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Kali Blakley Joins CJ Real Estate

CJ Real Estate® proudly announces that Kali Blakley joins our firm. As a lifelong resident of Oologah, Oklahoma, Kali will focus on serving clients across Rogers county.

Looking for a real estate professional you can trust? Call Kali Blakley today for help buying or selling ranch, residential or farm property.

More than just your local real estate agent, Kali is your neighbor too. Kali and her family are actively involved in farming and showing cattle nationally. Reach Kali Blakley at 918.636.7820 or Kali@cj-re.com

 

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Hot 2024 New Home Features

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Welcome to the future of home buying in 2024, where home buyer priorities are shifting to focus on blending comfort, functionality, and an eco-friendly touch that tips its hat to the natural world around us. New research reveals that house hunters are willing to accept a smaller property if it includes key amenities. Learn more in this 3-minute article.

New home shoppers are making a surprising trade-off—they’re opting for smaller houses than we’ve seen in over a decade. With the average new house now sizing at just 2,479 square feet, the smallest in 13 years, it’s clear that owning a cozy corner of the world is becoming more of a priority than sprawling square footage. Interestingly, 38% of builders reported building smaller homes in 2023 and early new housing permits indicate the trend will continue.

Today’s buyers crave homes that feel distinctly theirs. People are placing greater value in personalization and authenticity. Realtor Alex Shibley relayed that he’s finding home buyers are looking for better quality, rather than bigger homes. “They want their new house to instantly feel like a home. Uniquely tailored to them and not a cookie-cutter of their neighbors’ homes.”

The NAHB’s survey, “What Home Buyers Really Want,” sheds light on buyers’ preferences. Nearly 40% are okay with a smaller yard if it means getting a home, and 35% would go for a smaller dwelling. When it comes to scaling down, kitchens and closet space are must-haves while buyers are swiping left when it comes to dining rooms and dens.

Beyond the home’s physical features, buyers are keen for specific amenities, valuing elements like laundry rooms, patios as well as Energy Star-rated windows and appliances. And true to the spirit of customization, technology plays a key role in modern homes, from security cameras to energy management systems— innovations aimed at making homes safer and more comfortable.

Another interesting trend is the growing popularity of multi-generational living, with over half of respondents expressing a preference for homes with dual primary bedroom suites.

While builders plan to include high-demand features like laundry rooms, spacious great rooms, and stylish kitchen islands in their 2024 projects, they’re less likely to incorporate less sought-after options like cork flooring or pet washing stations.

So what are the most sought after new home features in 2024?

Sustainability Takes Center Stage

The real estate scene is riding a green wave. Eco-friendly features like energy-saving appliances, solar panels, and materials that do less harm to our planet are moving from nice-to-haves to must-haves. The National Association of Realtors has highlighted a growing appetite for such homes. But it’s not just about eco-conscious living; it’s also about thinner utility bills!

Smart Homes Get Smarter

In our tech-savvy era, homebuyers crave properties that sync up with their digital lives. We’re talking about smart thermostats, high-tech security setups, and lights that dim with a single command. Thanks to platforms like Thumbtack, the surge in smart device installations is tangible. These gadgets promise not just convenience but a safer living environment too.

Luxury Kitchen and Bath Touches

Kitchens and bathrooms hold the throne when it comes to spaces that capture homebuyers’ hearts. The dream? Think large, sumptuous kitchens and bathrooms that rival a spa experience, marrying sleek design with utter functionality.

Home Office Space to Two

With the remote work trend showing no signs of fading, the demand for dedicated home offices is sky-high. Buyers are on the lookout for quiet, well-equipped spots where both bread winners can buckle down and work. It’s no longer a perk—it’s a staple for the modern professionals.

The future of homeownership is shaping up to be not just about having a place to live, but creating a space that reflects personal style and caters to modern needs—proving that sometimes, less really is more.

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Benefits of Being a Realtor

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Ask any real estate agent, and they will tell you there’s a special feeling that comes from helping others realize their dreams. It’s also no secret that being in the real estate business affords unlimited opportunities for creativity, with a sense of flexibility that attracts new people to the industry every year.

If you love helping people and scheduling flexibility, a career in real estate might be exactly what you need.

And, your income mirrors your efforts. If you are a goal-oriented, self-motivated, people-focused individual, realty could be a great fit.

Making Dreams Come True for Others

Being a part of someone’s journey to homeownership is an incredibly fulfilling endeavor. As a real estate agent, you are not just selling properties, but you are facilitating the realization of dreams, the creation of memories, and the establishment of sanctuaries.

When you assist a young couple in finding their first home, you are contributing to a foundation where they will build their life together. It’s more than just four walls and a roof; it’s a space where they will celebrate milestones, weather challenges, and create countless memories. The joy in their eyes when they find ‘the one’ is an experience that never loses its charm.

Similarly, when you help a family secure their dream vacation home, you are providing a haven for relaxation, a hub for reunions, and a retreat from the daily grind. You’re not just handing over keys; you’re unlocking a world of potential adventures and cherished moments.

Being a real estate agent goes beyond transactions and commissions. It’s about understanding people’s needs, recognizing their aspirations, and guiding them through a complex process with expertise and empathy. It’s about turning their dreams into tangible realities.

Every client has a unique story, and every property has the potential to become a cherished part of that narrative. With every successful deal, you’re not just closing a sale; you’re opening a new chapter in someone’s life.

Seeing the happiness and relief on a client’s face when they finally get the keys to their dream home is a reward unmatched by any other. This is the true beauty of the real estate profession. It’s not just about properties; it’s about people, their dreams, and the joyous journey of making those dreams come true.

Be Your Own Boss.

Becoming a realtor offers a sense of independence and the opportunity to be your own boss. It’s a profession that allows you to set your own schedule and define your own objectives. However, it’s important to acknowledge that being your own boss requires dedication and hard work. To succeed, you must be organized and diligent, as you’ll be responsible for managing various legal documents, attending daily meetings, handling multiple property listings, and fulfilling numerous other obligations that come with working for yourself. But rest assured, the rewards of this career path are immense, making all your efforts worthwhile.

Meet New People Every Day

Brace yourself for an adventure filled with new encounters and experiences every single day! Real estate isn’t just a career – it’s a vibrant, dynamic field pulsating with life and energy. It’s an arena where you’ll have the privilege to connect and engage with individuals from all walks of life, each with their unique stories, cultures, and backgrounds.

Picture the sheer joy and satisfaction that comes with not just making new friends, but playing a pivotal role in helping them find their dream homes. Imagine being the trusted guide for countless people as they navigate the complex and often overwhelming path to home ownership. Each day brings with it a new challenge, a new opportunity to make a difference in someone’s life.

Of course, working in real estate is not without its trials. Each culture, each individual, comes with their own set of unique customs and guidelines. This can sometimes present challenges as you strive to provide the best service to all clients. But don’t let this deter you. Instead, see it as an incredible opportunity for personal growth and enrichment. It’s a chance to broaden your horizons, to learn about different people and their fascinating cultures.

So, are you ready to embark on this rewarding journey? Are you prepared to experience the thrill of meeting new individuals daily, of constantly learning and growing, and of making lasting impacts in people’s lives? If so, then a career in real estate awaits you. Embrace the journey and get ready to turn dreams into realities.

Be a Trusted Resource

Real estate transactions are a labyrinth of complexity, often filled with jargon and intricate processes that can be hard for most people to navigate. As a realtor, you hold the map to this maze. You’ll become a master at making sense of these in-depth, detailed procedures and breaking them down into simple terms that anyone can understand.

Imagine being the beacon of light that guides your clients through the foggy landscape of real estate transactions. You’ll have a deep comprehension of how things work between your client and their loan officer, facilitating seamless communication and ensuring all parties are on the same page. This vital knowledge empowers your clients, making them feel highly aware and well-equipped to make informed decisions as they journey through the highs and lows of buying and selling properties.

But your role doesn’t end there. Inevitably, issues will arise – it’s part and parcel of the real estate world. However, armed with your expertise and problem-solving skills, you’ll know how to address these challenges head-on and keep your clients well-informed throughout the whole process. You’ll be their rock, their steady hand guiding them through the storm until they reach the calm shores of property ownership.

Picture the special day when the keys to their new property are finally placed in their eager, excited hands. The relief, the joy, the gratitude – all testament to your dedication and unwavering support throughout their real estate journey. As a realtor, you’re not just a professional providing a service. You’re a trusted resource, a confidante, and a friend who makes the dream of property ownership a reality.

Learn, Grow and Mentor Others

If you have a passion for learning, then a career in real estate could be your perfect match. To be successful in this field requires conquering a steep learning curve, as it encompasses a wide array of laws, regulations, financial intricacies, and other pertinent details that are crucial to facilitating successful real estate transactions. Rest assured, the learning doesn’t stop once you’ve entered the field – it’s a lifelong journey.

Continuous education is ingrained in the fabric of this profession. It involves constantly enhancing your knowledge and skills in sales techniques, customer service standards, and staying abreast of changes in laws and brokerage policies. This career is a fitting choice for those who thrive on continuous growth and relish the challenge of pushing their boundaries.

One of the fantastic aspects of a career in real estate is the opportunity it provides for perpetual learning and development. If the thought of being confined to an office, performing repetitive tasks day in, day out, makes you restless, then you’ll revel in the diversity that real estate offers.

In this dynamic field, you’ll be constantly exposed to new experiences and knowledge. You’ll stay on top of new trends, shifts in the market, and interact with a diverse range of clients. Whether it’s devouring the latest industry book, tuning into a new video blog on sales or marketing, or revisiting older resources for fresh insights, the opportunities for learning are boundless. You’ll find yourself reinventing your approach and your business, year after year. Embrace the joy of constant self-education that comes with being a realtor – it’s all part of the package.

No Degree Necessary

If the prospect of accumulating substantial student loan debt to kickstart your career doesn’t sit well with you, and traditional academic routes don’t appeal to your interests, then embarking on a career as a realtor presents an attractive alternative. The financial investment required to start selling real estate is relatively minimal – just a few hundred dollars for the necessary courses and licensing.

Sure, there are numerous ways to invest your time and resources to nurture your new business. However, unlike many professions, a hefty college tuition isn’t a prerequisite to earning a living in the real estate industry.

Flexible Scheduling at Your Fingertips

One of the undeniable perks of being a realtor is the autonomy it grants. As your own boss, you have the privilege to dictate your work schedule and decide when to take time off. This flexibility is one of the key attractions of a career in real estate – you’re in the driver’s seat when it comes to managing your time.

This level of control can pave the way for an enviable work-life balance. Whether it’s catching your grandchildren’s baseball games, attending your children’s recitals, or fitting in your gym and yoga sessions at your convenience, you’ll have the freedom to do it all.

Your Office, Your World

If the thought of a conventional office job leaves you cold, then real estate might be the perfect remedy. Say goodbye to the rigid structure of a 9-5 schedule, but be prepared to adapt swiftly when needed.

The beauty of this profession is that your business can be conducted virtually anywhere. Your home office can serve as your early morning command center for phone calls, followed by client meetings at a cozy coffee shop mid-morning. Negotiate deals over a leisurely lunch, and cap off the day with a house showing in the evening. In the world of real estate, the world truly is your office.

Enriching Lives

Purchasing a home often ranks as one of the most exhilarating, yet nerve-wracking experiences in a person’s life. As a real estate professional, you have the privilege of guiding them through this journey, answering their queries, and ensuring they relish the process of buying and selling homes. The ultimate payoff? Helping them secure the maximum value for their property or aiding them in discovering the perfect new home – thereby enhancing their lives. This sense of fulfillment at the end of the day is truly gratifying.

If you derive joy from showing genuine care towards others and delivering exceptional customer service, then a career in this industry is likely an excellent match for your interests.

Master Your Field

If you thrive on imparting knowledge to others, a real estate career could be your calling. As you accumulate the experience necessary to become a seasoned professional in this field, you’ll find yourself becoming the go-to expert for friends and family seeking advice. Additionally, rookie realtors will lean on your wisdom and experience as they navigate their nascent careers.

Cultivate Your Personal Brand

A crucial aspect of being a realtor is self-promotion. Regularly generating leads equates to having more clients to serve. However, this requires a consistent flow of innovative ideas and a generous dose of creativity.

Your familiarity with platforms like Facebook and Instagram can be leveraged in a real estate career, making digital marketing an enticing prospect. Harnessing your social media prowess to amplify your name and business can give you a competitive edge over other agents who haven’t embraced the online realm.

Command Your Schedule

One of the prime advantages of a career in real estate is the control it grants you over your time. You have the liberty to decide when and how long you work. This flexibility allows you to modify your schedule at will, whether that means taking a week-long family vacation or working marathon 16-hour days. Your success hinges on you, and your schedule can be tailored to prioritize what’s most important to you.

Dictate Your Earnings

In contrast to salaried positions, where earnings are capped regardless of hours worked, being a realtor – an independent contractor – gives you significant influence over your annual income. The ceiling is as high as you set it. With real estate, you’re free to earn as much or as little as you desire year after year. Naturally, this freedom is accompanied by the need for strategic, diligent work. However, the independence this affords is highly rewarding.

One of the great perks of a real estate career is its limitless earning potential. Work full-time and you could pull in a seven-figure income, or treat real estate as a side gig and still make thousands. Remember, real estate is commission-based, so your success depends on your sales skills.

Take the Next Step

Whether you’re considering making real estate your career, or you’re a seasoned professional, CJ Real Estate offers an environment that values your contributions, skills and customer-centric thinking. And, CJ Real Estate, we’re committed to helping you find success through cutting edge technology, robust resources, friendly teammates, and ongoing support.

Learn more about making your career at CJ Real Estate. Reach out to Ronn Cunningham or Eric Johnson today.

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Advantages of Home Ownership

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What are the Advantages of Home Ownership?

 

If you are someone who has been considering buying a home lately, then you must have also been wondering about the advantages of home ownership. Owning a home is a significant investment, and it is always a big deal to take the leap. However, the truth is that there are several advantages to owning a home that makes it an appealing investment for anyone. In this blog post, we will delve deeper into the advantages of home ownership and give you compelling reasons why owning a home is a great decision.

 

Builds Equity:

One of the biggest advantages of owning a home is that it builds equity over time. As you pay your mortgage every month, you are building equity in your home. Essentially, equity is the difference between your home’s value and the remaining mortgage balance. Equity is an asset that accumulates over time, and it can be used to secure loans for other investments in the future.

 

Tax Deductions:

Homeownership comes with several tax benefits. For instance, the interest you pay on your mortgage is tax-deductible. Additionally, the property taxes you pay are also tax-deductible. These deductions can significantly lower your overall tax bill, and you’ll get to save a lot of money.

 

Stability:

Owning a home provides stability in many ways. You are in control of your living space, and you can do what you want with it. You have the freedom to make improvements, decorate, and even expand if needed. Homeowners can also establish roots in their community, have a sense of belonging, and enjoy better neighborhood relationships.

 

Appreciation:

Another significant advantage of owning a home is the potential for appreciation, which refers to an increase in your home’s value over time. Over the years, homes typically appreciate in value, which can be beneficial when you decide to sell your house in the future.

 

Lower Long-Term Costs:

Although owning a home may seem more expensive than renting in the short term, it can be less expensive in the long term. For instance, as a homeowner, you won’t have to worry about rent increases, and you’ll have a predictable monthly payment for your mortgage. Additionally, once you pay off your mortgage, you will no longer have monthly housing expenses.

 

Conclusion:

In summary, home ownership comes with numerous advantages, including building equity, tax deductions, stability, potential for appreciation, and lower long-term costs. We hope this blog post has helped you see why owning a home is an excellent investment. It’s essential to do your research and make sure you are financially ready, but when the time is right, buying a home is an investment that can pay off in a big way.

RV Parks Primed for Investment

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The real estate market is dynamic, with trends and opportunities constantly evolving. With RV Parks Primed for Real Estate Investment due to the impact of sector growth megatrends, it’s vital that real estate investors understand the big picture. In this article we’ll explore the recreational vehicle (RV) park sector and what real estate investors should consider about potential opportunities.

The RV Lifestyle Megatrend

Leveraging megatrends is a crucial factor for consistently successful investing . The RV Park sector is ripe for investment because it is at the crossroads of a megatrend.

The 2023 Outdoor Hospitality Industry Benchmarking Report shows that 78% of parks and campgrounds are individual/independently owned small businesses. And, the biological clock is ticking for these mom & pop owners. Selling motivation increases as owners age creating a buying opportunities that will be harder to find once corporate ownership trends drive up costs.

Think about the timing – just ask those who bought Apple stock at $5 a share or sold their houses in 2006. The gears of the American engine are turning, and successful investments need to be on the right side of those gears to avoid being crushed. This is where the concept of “megatrends” comes into play – and the RV industry aligns perfectly with these trends.

Long-Term Demand Growth

Demand for RV park space is projected to grow exponentially. According to the RV Industry Association, 11 million American households own RVs and per-capita ownership is increasing. Baby Boomers keen on flexible lifestyles are retiring at a staggering rate of 10,000 per day and younger generations have embraced RV travel as normal in our new ‘work from anywhere’ economy.

RV enthusiasm reaches way beyond Boomers. RV Share’s 2024 Travel Trend Report reveals that 74% of Millenials, 56% of Gen X and 67% of Gen Z plan to hit the road in an RV in 2024.

RV use expands beyond camping. The flexibility offered by remote work has fueled a surge in interest for travel and experiential living, making RV parks an appealing choice for those seeking both adventure and a sense of home. The demand for affordable housing is high in industrial development areas. Often traditional housing solutions are either unavailable or unaffordable for the average worker. RV parks offer an affordable, flexible, and comfortable option. They provide workers with a private space and provide all the necessities of a home.

People are now free from the constraints of a fixed location, allowing them to explore new destinations while maintaining their professional commitments. This shift has led to a growing number of people embracing the RV lifestyle, using it as an opportunity to combine work with travel. As the trend of remote work becomes more entrenched, the demand for RV parks is likely to see a sustained increase.

Modern consumers are increasingly valuing experiences over possessions, and the RV lifestyle aligns perfectly with this cultural shift. RV parks offer a unique blend of adventure and community, providing residents with an opportunity to create lasting memories in a shared space. The experiential nature of RV living positions it as an attractive option for individuals and families seeking a break from conventional housing models.  RV park owners can leverage this trend by offering amenities and facilities that cater to the diverse needs of your guests. From clean and well-maintained campsites, to hiking trails, playgrounds, swimming pools, and much more, the options are endless when it comes to making your park stand out.

Long-term demand growth fosters a strong opportunity for park owners to rate for profitability, add fresh amenities, and expand facilities for decades creating an ideal investing environment for those seeking steady, long-term income with stable re-sale value down the road.

Economic Factors Driving Investment

Beyond lifestyle trends, several economic factors contribute to making 2024 an opportune time for real estate investors to focus on RV parks.

The cost of living in traditional housing markets has been a concern for many individuals and families. RV living provides a more affordable alternative, allowing people to enjoy homeownership without the high costs associated with traditional real estate. This affordability factor is likely to drive demand for RV parks, especially among those looking to downsize or simplify their living expenses.

Industrial development areas (IDA’s) are an often-overlooked area for RV Park development. Savvy investors know better. While RV lifestyle enthusiasts get the headlines, RV Parks renting to contractors, vendors or people working in an IDA get the benefit of low turnover from long-term occupancy. And, many IDA’s are built in areas with significant housing shortages such as the Mid America Industrial Park in Mayes County, Oklahoma.

An RV park’s location plays a crucial role in attracting customers. RV enthusiasts are always on the lookout for convenient locations that are close to popular destinations. When it comes to IDAs, RV parks can benefit from their proximity to these areas. With many industrial businesses situated close by, RV park owners can market their parks as being a convenient place to stay for business travelers. Moreover, RV parks situated close to IDAs can serve as a home base for contractors, vendors and even new employees that are unable to find local housing.

In order to attract customers, it is important for an RV park to offer amenities that matter to them. For instance, RV travelers usually look for amenities that make their stay comfortable, such as laundry facilities, showers, and electrical hookups. However, RV parks situated close to IDAs can offer additional amenities that cater to business travelers. Examples of such amenities include high-speed internet, conference rooms, and even on-site offices. By offering these amenities, RV park owners can increase their occupancy rates by attracting business travelers who need a comfortable yet functional space to work from.

Another way for RV park owners to leverage IDAs is by forming partnerships and collaborations with local businesses. For instance, RV parks can collaborate with restaurants, cafes, and other businesses in the IDA to offer discounts and promotions to their customers. Such collaborations not only benefit RV park customers, but also help local businesses by increasing foot traffic and revenue.

Marketing and promotion play a key role in attracting customers to any business, and RV parks are no exception. RV park owners situated close to IDAs can leverage this proximity by marketing themselves as a convenient and functional place for business travelers to stay. This can be done through targeted digital marketing campaigns, local advertising, and even flyers at businesses in the IDA. By increasing their visibility to potential customers, RV park owners can attract more business travelers and increase their revenue.

Finally, RV park owners can leverage IDAs by upselling and cross-selling their services. For example, an RV park owner can offer special packages to business travelers that include shuttle services to and from the IDA, as well as on-site workspaces and high-speed internet. These added services not only increase revenue for the RV park owner, but also offer convenience to the business traveler.

Potential for Passive Income

Investing in an RV park offers a unique avenue for generating passive income. And, RV parks are a relatively low-maintenance investment. Unlike apartment buildings or commercial properties, RV parks require minimal upkeep and repairs. Tenants bring their own homes (RVs) and are responsible for maintaining them. Basic facilities such as electricity and water hookups are provided by the park owner, but beyond that, the maintenance requirements are relatively minimal. This translates to lower costs for the investor and greater ease of management.

Demand for quality RV park spaces is on the rise providing investors with a reliable source of revenue while benefiting from the RV living growth.

The RV Park Association quantifies passive income generation by tracking RevPAR. RevPAR is calculated by multiplying the average daily rate by the occupancy rate. For example, if an RV park has an ADR of $40 and an occupancy rate of 50%, the RevPAR would be $20. This means that, on average, each site in the park is generating $20 per day in revenue.

Investors can use this data to evaluate the potential passive income generation of an RV park investment. By looking at the ADR and occupancy rate of a park, an investor can estimate the potential income from each site and determine the overall income potential of the park.

While RevPAR is an important metric to consider when evaluating an RV park investment, it’s not the only factor to consider. Investors should also consider factors such as the location of the park, the condition of the facilities, and the level of competition in the area. At a minimum, investors should conduct thorough due diligence that includes a financial review and a site visit.

Diversify RV Park income streams by offering additional guest services. This can be anything from food and beverage sales to retail shops, hi-speed vs standard wifi or laundry services. Maximize income and build steady revenue streams that are not dependent on campsite rentals alone.

Partnerships are vital. Given that a large percentage of your guests will be travelers, it’s essential to explore partnerships with travel-related businesses, such as tour operators, rental car companies and more. These partnerships can help you attract more visitors to your park, providing a win-win situation for all parties involved. Additionally, partnering with these businesses can lead to discounted rates for your guests, which will help to strengthen your customer relations.

Infrastructure Developments and Accessibility

Because of universal RV industry growth, significant infrastructure developments and improvements are underway that contribute to increased accessibility and enhancing the overall appeal of RV parks.

Road networks are expanding after years of neglect. This facilitates easier travel for RV enthusiasts, making it more enticing for them to explore different regions. Enhanced road connectivity contributes to the attractiveness of RV parks as viable living options, especially in areas with scenic beauty and recreational attractions.

Advancements in technology have transformed the RV park experience creating appeal to broader audiences. Smart amenities, online booking systems, and connectivity options have become essential features for modern RV parks. Investors looking to capitalize on the 2024 opportunity can differentiate their offerings by incorporating these technological innovations, providing a seamless and enhanced experience for residents.

Environmental Sustainability and Green Initiatives

The growing emphasis on environmental sustainability is reshaping consumer preferences and influencing investment decisions. RV parks, when designed and managed with eco-friendly practices in mind, align with the increasing demand for environmentally conscious living.

Investors looking to maximize the appeal of their RV parks in 2024 should consider incorporating sustainable design elements and practices. From energy-efficient infrastructure to waste reduction initiatives, environmentally conscious RV parks not only attract a growing segment of environmentally aware consumers but also contribute to the overall appeal of the investment.

Appealing to eco-conscious consumers is smart business. The RV lifestyle allows individuals to connect with nature and minimize their ecological footprint. RV parks situated in scenic and environmentally rich locations have a unique advantage, attracting those who prioritize sustainable living. Investors who position their RV parks as eco-friendly destinations can tap into a market segment that values environmental responsibility.

Regulatory Environment and Zoning Opportunities

The regulatory landscape plays a crucial role in the success of real estate investments. Understanding the regulatory environment and zoning opportunities is essential for investors looking to capitalize on the RV park trend in 2024.

Zoning flexibility for RV Parks is a priority for some municipalities. Investors should explore regions with zoning regulations that are favorable to RV parks. Some areas may have restrictions on the development of traditional housing but are more lenient when it comes to RV parks. Identifying locations with zoning flexibility can provide investors with a competitive advantage and streamline the development process.

Regulatory support for tourism by local and regional governments can be leveraged in the form of  RV park development incentives. Investors should keep an eye on regions where authorities actively promote tourism-related projects, as this can translate into a more conducive environment for RV park investments.

Mitigating Risks and Challenges

While the promise of opportunity for real estate investors in RV parks is obvious, it is crucial to be aware of potential risks and challenges.

As the popularity of the RV lifestyle grows, some markets may become saturated with RV parks. Investors should conduct thorough market research to identify underserved areas or locations with untapped potential. Differentiating the RV park through unique amenities or services can help mitigate the impact of market saturation.

The global economy is subject to fluctuations and uncertainties that can impact the real estate market. Investors should stay informed about economic trends, interest rates, and other factors that could influence the demand for RV living. Diversifying investment portfolios and maintaining financial flexibility are essential strategies to navigate economic uncertainties.

Conclusion

In conclusion, 2024 presents a unique and opportune moment for real estate investors to delve into the RV park sector. The confluence of lifestyle trends, economic factors, infrastructure developments, environmental consciousness, and a supportive regulatory environment make this year a ripe opportunity for those seeking to capitalize on the growing interest in the RV lifestyle.

Investors should approach this opportunity with a strategic mindset, conducting thorough market research, understanding local regulations, performing significant due diligence, have a good understanding of the industry and be confident in a full understanding of the risks. By embracing the RV park trend in 2024, real estate investors can position themselves at the forefront of a burgeoning market, reaping the rewards of a dynamic and evolving sector.

ABOUT CJ REAL ESTATE: 

CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate

Home Buyer Checklist

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Homebuyers Checklist: What You Need to Know

 

Buying a home is one of the most exciting and biggest financial decisions that anyone can make. It’s exhilarating to go out and search for that perfect house that would be your haven for decades. However, it’s essential to realize that the process of buying a house is not just about finding a home that fits your lifestyle and budget. There’s a lot of work involved, including financial planning, research, and due diligence to ensure you make a wise investment. This article covers a buying checklist for first-time homebuyers to help you navigate the home-buying process with more knowledge, confidence, and success.

 

Determine What You Can Afford:

Before starting your home search, take time to assess your financial status and determine what you can afford. Consider your income, expenses, debts, credit score, and other financial obligations. Use a mortgage calculator to determine how much you can afford and the monthly payment that works best for you. Knowing your budget will help you avoid over-straining yourself and finding a home that fits your budget.

 

Get Pre-Approved:

Getting pre-approved for a mortgage is essential. This is different than pre-qualifying.  Pre-qualifying only gives you an idea of what you can afford. Pre-approval means that the lender has approved your loan for a specific amount and criteria. With pre-approval your realtor and sellers know that you’re a serious buyer. And, you’ll know what price-point you are able to shop within making your home search more comfortable.

 

Hire a Real Estate Agent:

Hiring a real estate agent is essential when buying a home. A real estate agent has knowledge of the local market, understands the home-buying process, and can help you navigate the process. They can help with finding homes that fit your criteria, negotiate on your behalf, and guide you through closing.

 

Research Neighborhoods:

Researching neighborhoods is critical to finding the right home that fits your lifestyle. Determine what areas you prefer based on your work, family situation, and other factors. Research the surrounding neighborhoods, schools, amenities, and other factors that could affect your daily life. You can visit the neighborhood during different times of the day to get a feel of the area and see whether it would work for you.

 

 

Get a Home Inspection:

Getting a home inspection before closing is crucial. This ensures that the home you’re buying is in good repair and helps identify any potential problems. You can arrange for a home inspection to spot any significant defects such as roof problems, water damage, mold, and other safety concerns. You can also use the findings to negotiate the price or request repairs before closing.

 

Conclusion:

The home-buying process can be stressful to navigate for first-time homebuyers, but it doesn’t have to be. The process is much easier when you have an understanding of what to expect and the potential pitfalls. Take the time to educate yourself using a home-buying checklist. Remember to take advantage of helpful tools such as getting pre-approved for a mortgage, working with an experienced real estate agent, and conducting a home inspection. With a clear plan and the right people, first-time homebuyers can find their dream home with ease. Buy your home-joyful and happy journey.

 

ABOUT CJ REAL ESTATE:  CJ Real Estate is a full-service brokerage helping people across Oklahoma, Arkansas, Missouri and Kansas buy and sell residential, lake, land, ranch and commercial real estate with confidence.

 

MEDIA CONTACT:

Ronn Cunningham

1.918.550.8122

Info@CJ-RE.com

 

SOURCE: Cunningham-Johnson Real Estate