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Parade of Homes is an event that gets the community active. Whether you are looking to buy a home, do some remodeling, or just want to add it to your list of ideas, Parade of Homes is where it's at! Come out and see all the Builders' minds at work! There will be many floor plans, bathroom ideas, and state of the art kitchens to blow your mind!

 

 

Dave:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett along with Tom Dollman of Core Group Realty. Coregrouprealty.com, that is the website to go to for all things real estate. Or if you want to call, 933-7777. In fact, there are folks standing by who can answer your questions even as we speak here on this Saturday afternoon. You know Tom, it's a big day today in the valley for real estate just in general, because what's become an annual event is underway today.

Thom:               The 2017 Parade of Homes. So excited. This is one of my favorite events every year. We have to Heather Echevarria from Innovative Custom Homes, once again, just tell us a little bit more about the parade and all the fun stuff that we're going to get to experience out there and talk a little about your home. Welcome, Heather.

Heather:              Awesome. Thank you. So, the parade does start today, runs from noon until 8:00 and will run today through May 14th, which is Mother's Day. It is open weekdays from 5:00 p.m. to 8:00 p.m. and then weekends, which will be Friday, Saturday, Sunday after opening weekend, and those weekends it's open from noon until 8:00 p.m.

Dave:                    And I just want to give a little warning right now, it starts today, and it seems like you got a lot of time to go and do this, and then go to the bank.

Thom:               It goes by quick.

Heather:              Oh, it does.

Dave:                    Suddenly you're at the last week and it's are like, "Oh my God,  all those homes and no time."

Thom:              Exactly.

Heather:              Exactly. And the homes are all over the valley. So if you've picked up a magazine or, actually it comes out in the statements today as well, there's a map in the center of the catalog that tells you where all the homes are, and they literally are all over Ada county.

Dave:                    So planning would be a good thing to do. To sit down and kind of say, "Okay, here's ..." it's going to be hard to see all of ... How many homes are there total?

Heather:              Normally we have 40, but we had a couple of builders that didn't quite get done due to the weather this year and craziness.

Thom:              There was a crazy weather.

Heather:              There's a lot us that were on the bubble with getting done, but I'm glad to say we got done, so we're still in it. But I believe there's 38 homes in the parade this year.

Dave:                    So, 30 homes. That's going to take some planning, so take a few minutes to kind of ... And what's nice is in the end the parade magazine, they've broken it down kind of in areas, so you can take a look at a colored zone and decide, "We're going to do that color. You know, blue or yellow or pink, we'll do that one today."

Heather:              Yeah, but give yourself plenty of time. It's so much fun just to go out with your friends and go and check these out, your family, make a day of it, grab lunch. Kind of stuff where you're going around taking a look at ... because there's a lot of really cool things. And then, always make sure you stop by home number 33, that's ours.

Thom:               Yeah. For sure.

Dave:                    Home number 33. I'll need to remember that.

Thom:               33, for sure.

Dave:                    What's the address for the home?

Heather:              So, the address for home 33 is, 2239, East Mores Trail. And we're in Meridian, we're in the beautiful Sky Mesa subdivision, has a great community pool and just beautiful, nice lots and homes, and I'm really happy to be in that subdivision and I'm really proud of our home.

Dave:                    So if somebody is putting it in their GPS, Mores Trail, is at all one word?

Heather:              No, two words, and Mores is just M-O-R-E-S. Not two Os like everybody tries to put in their [club 00:07:59].

Dave:                    Okay. One O and Mores Trail's two words.

Thom:              Do you have some specifics on how to get there. What's like the nearest cross-section? Because I know a lot of GPSs don't have those newer addresses in them.

Heather:              Correct. So, if you're heading south on Eagle road, Sky Mesa subdivision is between Amede and Lake Hazel, and we're on the west side of the road. So if you turn in to, I think, the main road in is Taconic, and then you'll take your first right, which puts you in right there by the community pool, and you have to turn left and then you'll find our house, all the signs there. A lots of Parade Home signs open this weekend, with arrows pointing to where they're going. So, really, I wouldn't even bother putting it in your GPS, because these new subdivisions, you're not going to find them.

Dave:                    So in this subdivision, Mores Trails, is there more than just your home that's there?

Heather:              There's not. We're the only Parade Home in the subdivision. But yeah, there are signs, like I said, everywhere. There's probably ... I think there's at least six homes within a couple of miles of us though. There is quite a few.

Dave:                    I mean, that's a good way to go, just start today.

Thom:               Start little groups.

Dave:                    Go take [inaudible 00:04:06]. Go take in the six of the homes today that are in that area.

Thom:               Exactly.

Dave:                    So, if you don't have your magazine from the newspaper, pick one up or it's, of course, online, in the website for the Parade Homes. What is it?

Heather:              Boiseparadeofhomes.com.

Thom:               And we have the magazines here at 8665, West Emerald, at the Core Group office.

Dave:                    Is there a link through on coregrouprealty.com to the parade yet?

Thom               There is. Yes. I'll make sure that there is. For sure. But I also want to talk a little bit about, while we have some time, you also have an open house going on as well.

Heather:              Yes.

Thom:             Over at another house that you have.

Heather:              So we have another house over in Star, that's near two other of the Parade Homes, actually Parade Home one and two. So, that home is at 11592, West Short Creek street, in star Creek subdivision.

Dave:                    Now, this is not a Parade of Homes?

Heather:              This is not a Parade home, but we're going to have it open during the parade, which you're going to see a lot of as you're driving around. It's a great way just to get out there and not just see Parade homes, but see what's out there in general without ... You know, you don't have to have an agent with you to go into all the Parade homes and the open houses. So yeah, our house will be open. It's a four bedroom, two and a half bath. It's a two story, great little house over there in Star, and it's listed at 335.

Dave:                    Nice. I guess that's one of the nice things for the Parade of Homes. Nothing against real estate agents, Tom, but if somebody just wants to kick tires and look, and I really talk to ... There's so many people out and about right now looking at the parades, it's really your chance to look and feel, no pressure or obligation to answer any questions or fill out any forms or anything, but it's a great chance to to look at homes.

Thom:               Well, yeah. If you're, you know, even if you're just kicking tires or you're just looking for ideas for your own home, like, this is the ultimate showcase of all the new stuff that's happening and all the new designs, all the new amenities and features in a home and stuff that you can add. Even everything down to, maybe I'll reveal a little secret about your Parade home there, little built-in dog dish and dog food holder, which is one of my favorite cabinet little accessories.

Heather:              Honestly, it's a great place or a great time during the Parade of Homes as well, to meet the builders.  It's really a difficult thing, I think, as a buyer, to go and interview three or four or five builders and see really who they mesh with when they're looking at building a home. Well, the Parade of Homes is great because most builders are in their homes on the weekends, if not every day that it's open. So, it's a great time to meet those builders and see who really is going to be the best fit for you.

Dave:                    Is she dodging the question? I want to hear about the dog ... I want to hear about this.

Heather:              Oh, I'm so sorry. No. We are very pet friendly here at Core Group and with Innovative Custom Homes. So, I always have to incorporate something for the pets in all of my homes, and especially in the Parade homes. So, this year, we have a built-in dog food or cat food feeding station. It's got this, you know, the spot that holds all the food, and then it's got two bowls down below. So, when you're not feeding them, you just close it, put it away, the dog bowls are out of sight, out of mind, and when it's time to feed them, you just pull that bottom drawer out and the dog food dishes are there.

Dave:                    Nice. Is there storage area for the dog food as well?

Heather:              There is storage for the dog food. So I'm very excited about it. My cabinet guy built it off of something I found on Pinterest, and I'm like, "Okay, we're building that for my house too, not just the Parade house."

Dave:                    I like the idea, honestly and I hear it's true, but as first world a problem as this is, having the pets bowl in the kitchen or whatever, sometimes becomes a bit of a problem, just a nuisance.

Heather:              In the way.

Dave:                    So that way, it's done and [inaudible 00:07:56]

Heather:              This is in the mud room and you can just put it away when you're done with it.

Thom:               I need to have one built for my animals.

Heather:              It's just a cute way to store it.

Thom:               And it's such a great ... It's in line with our partnership with the Idaho Humane Society. We've talked about that on the radio, that we have a partnership with them bringing the awareness that a pet really makes a house a home, and stuff. I just love that whole concept, you know, we're going to have some [Vet Alison 00:07:59] literature there at the Parade home for Idaho humane society too. So, it's just a great synergy here with just the collaboration between all our different aspects, I just love that.

Dave:                    I'd like put it in your mind again; home number 33.

Thom:               Home number 33. That's for sure.

Dave:                    Now, Heather, you said, a couple of weeks ago when we talked, that that is one of the requirements for the Parade of Homes, is that something new, something different that a builder has never done before. Is that what's different that you have or what have you done different in home number 33?

Heather:              In home number 33, that's one of the things that's different, just something new to incorporate. But the big thing that we did that is different is our home is not the standard two by six wood construction, we are ... our construction is the ICF, the insulated concrete forms, so the exterior walls of the home are actually eight inches of concrete, and then they've got the styrofoam form that's on either side of it as well, which adds another four or five inches. So, it's about a foot thick of concrete.

Dave:                    But as you drive up you can't really tell. So, do you have an example ora demonstration there?

Heather:              I do. So we've actually got some of the forms there, and then we left, out in the garage, we left one spot open so you can see exactly how the electrical is run. We've got it covered with Plexiglas but it's really kind of a cool spot to see the difference in the construction. And you can see it in the window sills because, you know, typically, you'll have that six-inch difference in the window sills, so we've got almost a foot there.

Dave:                    Nice. So again, home number 33 in Meridian. It's south of the freeway. So, be sure to check that one out. Other things; have a chance at all, Heather to sneak around at any the houses yet to take a look?

Heather:              I did. So, I'm on the BCA's steering committee for the parade, so I got to drive around and take a look at about six or seven of them prior to, just making sure everybody was done.

Dave:                    Any 'wow' factors for you? Or things that's just like, "Wow."

Heather:              You know, I wasn't really walking through looking for some of the 'wow' factors, I wish I would have had a little more time. But when you're finishing your own parade house, you're walking through and making it as quick a trip as possible. But I am planning to go out with some girlfriends and check out some of these other houses ...

Dave:                    As a builder, what do you look for?

Heather:              I just look for one or two cool things that's like, "Oh, that is neat. I want to do that in my home." Something that you just don't normally see, are things that I look for. I look for design elements, and you know, what different tiles and paint and I don't know ...

Dave:                    How they've been used.

Heather:              I'm kind of a nerd when it comes to building houses. I really like to look at how things are put together.

Dave:                    It's not so much a two by four as it's the how it all finishes out?

Heather:              Yes.

Dave:                    So the Parade of Homes is going on. You can find a link at the coregrouprealty.com. Check the statements, if you get statements, check it for one of the magazines or you can come by Core Group Realty, they're open this afternoon, and pick one up right here on Emerald, down near the mall.

Thom:               No, it's Saturday, so we technically don't have the office open, so we're not quite there, but Monday through Friday, 8 to 5 if you want, swing by and grab one and we'll have one available.

Heather:              And you can come by home 33 and grab one too.

Thom:               Yeah, for sure. Even better, home number 33, swing by, check it out, grab a magazine.

Dave:                    We'll have that number just put in your brain before this whole day is over here anyway.  Well, Heather, we look forward to it. Always an exciting time, the Parade of Homes, for anyone is looking at a home and really with the inventory of homes so low, it's a great chance to get new homes of what's available for you out there in new construction because a lot of people ...

Thom:               New constructions continues.

Heather:              Exactly.

Dave:                    Simple as that. Heather, thank you so much. We'll continue on the other side. This is the Idaho Real Estate Buzz. I'm Dave Burnett. He is Tom Dollmann. We'll continue coming up on 580 KIDO

 

Dave Burnett:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett along with Tom Dallman. Now, Tom is the co-owner and the designated broker of Core Group Realty, CoreGroupRealty.com the website. 933-7777 that is the phone number to call. I make mention of, Tom, the fact that you're the designated broker, co-owner-

Thom:                    Yeah.

Dave Burnett:                    In ownership you kind of understand all the wheels of how things work in a real estate company.

Thom:                    Oh, yeah for sure. [crosstalk 00:00:26] I've been doing this for 13 years so it's just natural to progress into leadership. My background has always been in human resource and human development. I'm big about servicing clients, servicing my agents. Making sure that everybody is filled with the knowledge that they need to really be experts in the field. That's super important to me and part of the reason why I do things like host CE classes for my agents here at the office. We just had one this week.

Dave Burnett:                    CE class, what is that?

Thom:                    Oh, sorry, continuing education.

Dave Burnett:                    Oh, all right.

Thom:                    Continuing education. We're required to have X amount of hours in every cycle that we renew our license. I like to make sure that my agents not only fulfill their CE requirements, but also have that knowledge. Just this week we had a class, a four hour CE class on 1031 Exchange and what 1031 Exchange means and how ... Just using that knowledge can help the agents be better versed at helping their clients and stuff.

Dave Burnett:                    I don't think there is a business out there that is not progressing and changing almost on a daily, weekly basis.

Thom:                    Oh my gosh, right.

Dave Burnett:                    Everything with high technology the way it is, everything is changing all the time.

Thom:                    Oh, yeah.

Dave Burnett:                    To keep your agents up to date and that's part of the reason for this program. It's not just to tell a home. You can go sell a home with other ways.

Thom:                    Exactly.

Dave Burnett:                    It's to educate you, the listener, who is perhaps buying or selling, or thinking about it, or know somebody who is to get you educated and up to speed because man things are changing.

Thom:                    Things change so drastically. Right now, with this low inventory it is getting more and more challenging for buyers to get their offers accepted. Just this week I heard from one of my agents who they put in an offer $17,000 over list price on a house.

Dave Burnett:                    $17,000?

Thom:                    $17,000 over list price. A little bit concerned with appraisals and stuff like that because appraisals are harder to get justified when they're going so far over list price without the comps to show. They ended up getting beat out. They had someone else that came in higher than $17,000 over the list price with an all cash offer.

Dave Burnett:                    If you went back five years ago to think that a $17,000 over bid would get beaten out you'd think-

Thom:                    Walk away.

Dave Burnett:                    Yeah. It's kind of the world we're living in right now and that's part of the reason this show to give you that advantage. One of the things technology wise is the internet. On CoreGroupRealty.com is a Coming Soon-

Thom:                   Oh, gosh.

Dave Burnett:                    Which gives you a look at homes before they hit the Multiple Listing Service. It gives you that advance look at it.

Thom:                    For sure.

Dave Burnett:                    To a number of homes out there today.

Thom:                    Oh my gosh, yeah, we have five on our Coming Soon site right now that are in various stages of being ready to get on the market. Whether it's getting ready for their professional photos, or just doing their spring cleaning, or what not. Yeah, should we just dive into some of these and talk about them?

Dave Burnett:                    Let's run them down.

Thom:                    Let's start in Boise one of my favorite remodels that Heather Echevarria from Innovative Custom Homes is doing a remodel on in the North end. We'll be talking to her a little bit later in the show, but she's doing this great remodel at 2409 North 21st Street in Boise. This is a four bedroom, three bath, mind you that she's taking it from a two bedroom, one bath and completely-

Dave Burnett:                    Wow.

Thom:                    Gutted it, remodeled it, it's new construction basically.

Dave Burnett:                    But keeping that North End feel.

Thom:                    It's total North End feel. Such a great house. I won't say little because it's 3,103 square feet.

Dave Burnett:                    That's a lot of home.

Thom:                    Yeah, it's a two story with a basement.

Dave Burnett:                    Especially for the North End that's a lot of home.

Thom:                    Yeah. Oh, yeah. With RV parking and a garage space in the North End, two car detached garage in the North End is huge.

Dave Burnett:                    If you've ever thought about living in the North End, but you thought, "No, those homes ... " Some of those homes are 1,200 or 1,400 square feet.

Thom:                    Yeah.

Dave Burnett:                    If you've ever thought you'd love to live there if they had a house big enough, here's a home big enough.

Thom:                    Here's home big enough.

Dave Burnett:                    Yeah.

Thom:                    Like I said, 3,100 square feet, four bedroom, three bath, with office space, with rec room, bonus room, all kinds of space to ... It's actually a fairly large lot for the North End. It's .25 acres. It's a rather large lot. They are going to be live looking at probably the end of May is when this one is going to go live.

Dave Burnett:                    Okay.

Thom:                    They're still in that construction phase. That's going to come on at $699,997. Once again, huge, huge amount of space for that price. Four bedrooms, and three baths on the North End, which is very rare. That's 2409 North 21st Street.

Dave Burnett:                    You can check that out on the Coming Soon tab.

Thom:                   Yeah.

Dave Burnett:                    While you're there look for another one. What have you got?

Thom:                    Yeah, check out 1061 West Newport Street in Meridian. This is in the Misty Meadows subdivisions. A three bed, two bath at 1,300 square feet. About 1,366 with the two car garage. This house is coming on at $210,000.

Dave Burnett:                    Good price point.

Thom:                    Yeah. They're still in that process of getting that read to go and stuff. Yeah, our average home price in the Aiden County is around that $234,000. This is below that average price of a home. It's a really great opportunity to get into a great subdivision there in Meridian. 1061 West Newport Street is that one.

Dave Burnett:                    Let me ask you a quick question.

Thom:                    Sure.

Dave Burnett:                    If something is on the Coming Soon lot, if I'm a buyer out there, can I buy before it's even off of the Coming Soon or what happens?

Thom:                    Most sellers wait until it gets listed.

Dave Burnett:                    Okay.

Thom:                    They want to get it on the market first.

Dave Burnett:                    But you can be there?

Thom:                    You can be the first one to have the offer. Yeah, right when it goes live and stuff.

Dave Burnett:                    Okay.

Thom:                    Depending on which seller it is depends on where they're at in the process and stuff. Sometimes we cat get people into the homes to see them before so that they can make that offer right away. We've had thathappen where we've got offers the minute it went live.

Dave Burnett:                    Here's the offer [crosstalk 00:06:45]. As soon as it's live put the offer in.

Thom:                    Exactly.

Dave Burnett:                    That'd be awesome. Number three on that list.

Thom:                    Number three, lets move a little bit over to Star. Let's move west. We've got 603 North Carswell Way in Star. This is a three bed, two bath, 1,899 square feet with a three car garage on .21 acre. Nice gas fireplace, hardwood floors, split bedroom floor plan. This one is coming on at $230,000. It should be live by the end of May as well. Once again, that's 603 North Carswell Way in Star.

Dave Burnett:                    Over two acres that's a nice big lot.

Thom:                    .21 of an acre.

Dave Burnett:                    Oh, it's .21.

Thom:                    Yeah, .21 of an acre sorry.

Dave Burnett:                    I thought you said 2.1 I was going to say, man.

Thom:                    That would be nice for that price point.

Dave Burnett:                    I was going to say, "Wow."

Thom:                    Very nice for that price point.

Dave Burnett:                    Line me up I'm buying that one.

Thom:                    At $230,000 for three bed, two bath in Star this is a great opportunity to get into there as well. Then let's mosey on down over to Middleton where we have 912 South Habgon Lake Avenue. This one is a couple weeks out from going live. In the Middleton Lake subdivision. It's a four bed, two and a half bath, 2,670 square feet. This one is a really nice, big house, kitchen island on a corner lot. The lot is actually a fairly decent size with lots of room in it. It's got already some raised flower beds and garden spots as well. This one is coming on at $205,000. Really good price point for Middleton to get into a nice big house. Four bedroom, two and a half bath at 2,670 square feet.

Dave Burnett:                    Would you say that Star in Middleton maybe two of the hottest locations right now?

Thom:                    Hottest. They're growing so quickly.

Dave Burnett:                    Everyone I know is moving to Star.

Thom:                    Yeah, yeah.

Dave Burnett:                    It's like, "Oh, okay." Another one.

Thom:                    There's a lot of people that still want that small town feel if you will, with great access to everything. Middleton you just jump on the freeway and you're over there by the Carter shopping centers and stuff like that.

Dave Burnett:                    Yeah.

Thom:                    In Star just a jump down State Street to get downtown [crosstalk 00:09:11] Or access to all that stuff at Eagle Road.

Dave Burnett:                    It continue to grow.

Thom:                    Yeah.

Dave Burnett:                    The governor used to be out there all by himself. Now he's got everyone all around him.

Thom:                    Exactly. Just lots of interesting stuff out there. Lots of opportunities. Got one more Coming Soon in Nampa that is a great starter home. Two bed, one bath, 1315 at 10th Street in Nampa. This one is a 995 square foot home. Really great for the first time home buyer. Coming on at $90,000. Should be live hopefully this weekend or next week for sure. $90,000 is a great price point to get into your first home if you're looking to get that starter home and get yourself invested in your future.

Dave Burnett:                    Those buyers are still out there.

Thom:                    That's a good way. Yeah, they are. They're very few between to get anything under the [crosstalk 00:10:07].

Dave Burnett:                    I'm looking at the five homes you have though running from $90,000 to over $600,000.

Thom:                    Yeah.

Dave Burnett:                    Something for everyone at every price point.

Thom:                    Something for everyone. For sure.

Dave Burnett:                    It's excellent.

Thom:                    For sure.

Dave Burnett:                    Any Featured Listings as well?

Thom:                    Yeah, we've got a couple Featured Listings out there. The first one is 11544 West Meadow Lilly Street in Star. This is a three bed, two bath, 1,750 square feet, three car garage. This one is listed at $270,000 in the Rose Lens subdivision. Great home with granite tile counters, as well as kitchen island, hardwood floors, split bedroom design, everything. 11544 West Meadow Lilly Street ready to go, ready to be looked at, ready to take an offer.

Dave Burnett:                    Perfect. One more?

Thom:                    Then in Eagle we have 2746 West Wind Drive in the Colony subdivision. This is a three bed two bath on .86 of an acre. It's almost an acre lot. 2,750 square foot single level home. This one is live at $525,000 with granite counter tops, just split bedroom floor plan once again, tile flooring, hardwood floors, den and office, lots of space here in this house for anybody to roam around and entertain. Just have their space. 2746 West Wind Drive in Eagle.

Dave Burnett:                    The nice thing, if you missed any of these or didn't get the information you wanted, it's all available for you at CoreGroupRealty. That's Core with a, "C," CoreGroupRealty.com, On the Coming Soon and Featured Listings.

Thom:                    Yeah, definitely check it out. Check out the website in general. We have a blog site on there where we update people with information about the marketplace with just trends, with great information on home safety, different things like that. Just take a look. You can check us out too on Facebook of course, Core Group Realty on Facebook. If you like us we do links there all the time to our blog pages, all the upcoming events, information, stuff like that. It's all there on our website.

Dave Burnett:                    If you're buying or selling a home it's a definite thing to do and that is to like Core Group on Facebook, to check out the website, and to keep yourself active.

Thom:                    Yeah. Just make sure you see ... Keep yourself informed basically in this marketplace with the challenges that are out there right now.

Dave Burnett:                    A lot on the list.

Thom:                    Yeah.

Dave Burnett:                    We will continue on the other side. Going to be talking to Michelle Gooth with Diversified Mortgage and find out a little bit more what's happening in the world of finance, and for you to buy a home. Going to find out more about the Parade of Homes.

Thom:                    Yeah.

Dave Burnett:                    It gets underway today.

Thom:                    For sure.

Dave Burnett:    We'll be talking to Heather here in just a little bit as well, as we continue here on 580 KIDO, it's the Idaho Real Estate Buzz.

Dave Burnett:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett along with Tom Dallman of Core Group Realty. CoreGroupRealty.com is a website. 933-7777. You can call right now. A customer care agent is standing by to help answer your questions about the website, or maybe something you've heard us talking about. Maybe you didn't catch that number, 33.

Thom:                    From the last segment, yeah.

Dave Burnett:                    That's right.

Thom:                    Check out Heather's Home, Innovative Custom Homes in the Parade of Homes.

Dave Burnett:                    They can answer those questions. We started out this show talking about how things have changed so much, for every industry. I don't care if you're a grocery store, if you're a radio station, a newspaper, real estate. Things are changing so rapidly, almost on a weekly basis now.

Thom:                    Oh, all the time. We talk about the fluctuations in the market, even just this week. Interest rates have dropped a little bit more to help home buyers out. We continue to strive for ...

Dave Burnett:                    They raise things up, and then ...

Thom:                    Then they drop them, then they raise them.

Dave Burnett:                    Some loans, Michelle could tell you better, but some loans now below four percent again. Haven't been that way for a little while. It's a great time to go get that loan now, and get that home.

Thom:                    Exactly. Another example is the inventory. We talk about low inventories. January, February were all time low for inventory. But then all of a sudden, if I'm remembering correctly ... Oh, no. Sorry. December, January were really all time lows. February jumped up to 2.7 in inventory for the county, which means if we didn't list another house, we'd run out of supply in 2.7 months, almost three months.

                                                All of a sudden in March we dropped back down to 2.4 again. That inventory is also one of those things that are fluctuating so rapidly and changing. Which has then led to having changes in the way that we present offers. The way that offers are going and being accepted. The multiple offers that are happening out in the marketplace. We're having to adapted things like escalation clauses and stuff like that for our buyers.

Dave Burnett:                    It is such a changing business. I think back, when I first moved to Boise in 1988. We went to a brand, real estate office. I remember back very clearly how all the agents, they just all had their desks in a room. Whether you were buying or selling, it didn't matter. You were just assigned an agent. Things now are so specialized. You have buying agents. You have selling agents. Because they're really more trained to help the person get done what needs to be done.

Thom:                    I'm a big believer in that specialization, because it is important for that person to be well versed, and to have that singular focus on a specific area so that they really can best help the clients and be super focused on marketing trends. If you're a listing agent you'll have different ways to make sure that the home is getting out there. Or a listing agent specializes on making sure everybody is fully aware of what homes we have available.

                                                For instance, like this radio show, and putting it on our website. Sending it out to our, we have a database of almost 23,000 people in our system that we know we can send these listings out to, and communicate to for those who are looking in that area.

Dave Burnett:                    As I wander the offices here at Core Group, it is so much more, even. I'm thinking back to that big room full of desks. Let me get my MLS book that comes out once a month and we'll go take a look at homes. To where, you have specialists. People who specialize in internet. People who specialize in different kinds of social media. It works as a team in that if somebody is a buying or selling agent, they can work with those people to get things done. Here are Core Group we've really developed that mentality of teamwork to get it done.

Thom:                    For sure. One of our core values is synergy, and that whole comradery that comes with everybody getting together, talking about stuff, talking about what's happening in the market. Talking about those trends. Sharing information of what they find out there. We get together three times a week in the mornings to talk about those things with the buyers team and the listing team, and share that stuff. Listing team and buyers teams constantly talking back and forth. They're specialists, so they share those clients back and forth if we have clients who are looking to sell as well as buy. They really work together as a team, along with out transaction coordinators, to really make sure that the clients are getting the best experience that they can. That teamwork is huge, and so important with our brokerage here.

Dave Burnett:                    I know you have got, you put incentives in place here for your sellers, for your buyers to do different things. I know last Wednesday was a special night for Core.

Thom:                    Yeah. Last Wednesday we had our Core Group elite 10,000 dollar commission bonus competition. It's a sellers program, extra marketing for the sellers. We charge a small fee to be a part of this program. But after we have X number of homes sold, we bring all those buyers agents that brought the buyers and sold the house with those buyers. We get them together and we have them compete for a 10,000 dollar commission bonus for it. Really fun gala. Everyone has such a great time, and had such a great time competing for it. You can go to our website to see the winners and see some more information on it. It's a great opportunity to get some extra marketing for your home, and something special that only Core Group does in the Treasure Valley. To really make the buyers agents more aware of homes that are out there. Because we have a special designation in our multiple distinct service, where buyers agents are actually looking for that because they want to compete for this 10,000 dollar bonus and stuff. It's a really great program.

Dave Burnett:                    If you have your home listed with Core Group. That's only good. Because suddenly you've got all these agents wanting to get that home sold.

Thom:                    Exactly. It's just an extra bit of marketing that we can do for our sellers, and get that extra bit of push out there. To make sure that those buyers agents are looking specifically for those homes. It's a great program and such a fun event. We do some Minute To Win It competition games. If you are not familiar with Minute To Win It, it's basically taking household items that you can create into games and competitions, and you have to complete them in 60 seconds or whatnot. It's just a really fun event.

Dave Burnett:                    It helps, again as we started and eluded to at the beginning, building that team concept. That the people who work here are more than just workmates. They are also friends, and they help each other.

Thom:                    Oh yeah, for sure. They're constantly helping each other, supporting each other. Going to each other. Texting each other with questions like, "I just had this situation. What's the best way to approach it?". They're constantly in communication with each other. I think that's a little different than a lot of other brokerages, where there's so many people there, and nobody knows who to go to, to talk to. They just are doing their own thing. That's one of the things that I pride my company in, being such a smaller brokerage, with 27 agents. We do have that ability to just communicate and share ideas and share thoughts, and be the best that we can.

Dave Burnett:                    I'm an outsider. I come in once a week. We do the show from here at your building on Emerald Street. But just the feeling I get right from the front desk, to the different people who are involved, is just, people are happy. They like the people they work with. That is so important.

Thom :                  Exactly.

Dave Burnett:                    It happens behind your back, just so you know.

Thom:                    Perfect. Good.

Dave Burnett:                    It's going on behind your back, that these people, they really do appear to like each other.

Thom:                    It's good to know as the owner of the company. People tend to put that best ...

Dave Burnett:                    They always put their best foot forward. Sure.

Thom:                    That best, things are going great. It's nice to know that that is true. I hear that from other people too. I hear from, even lenders and title people all the time, that they love working with the Core Group agents. Because they're professional, they're happy. They know the process. They know what they're doing.

Dave Burnett:                    Then just, the whole technology edge that Core is trying to stay ahead of the wave on.

Thom:                    Yeah.

Dave Burnett:                    I say that, in all honesty. It's trying to stay ahead of a wave.

Thom:                    Right. It's constantly changing.

Dave Burnett:                    When suddenly Facebook is for a certain group. At one time it was the young person's network. Now it's the older person's.

Thom:                    Everybody's on Facebook.

Dave Burnett:                    Snapchat is what the younger people are doing. Trying to stay ahead of everything in that game, it's a huge commitment as an owner of a business, to try to stay ahead of the wave.

Thom:                    Our Instagram account. We're trying to update that constantly with the new stuff that's going on as well. All that technology.

Dave Burnett:                    It is important. By the way, and we mentioned it earlier, Heather was in talking about the Parade of Homes. It is underway. Started today. Home number 33 in Meridian, south of the freeway, that is Heather's home with Core Group Realty. We want to just really encourage you to make sure to make plans. No matter what you're doing, how many homes you're planning on seeing, try to see home number 33.

Thom:                    Home number 33 at 2239 East Mores Trail in Meridian. It's a great house. Really nice little floor plan with a casita. Concrete framing on it.

Dave Burnett:                    I want to see this dog cupboard.

Thom:                    The dog house, the dog cupboard.

Dave Burnett:                    The dog cupboard. I want to see that.

Thom:                    The dog and cat bowls are in a drawer on the bottom, and then the food goes in. It's an awesome little design.

Dave Burnett:                    As silly of a little thing as that is, that's what I want to go see.

Thom:                    What a space saver.

Dave Burnett:                    I know. I want to go see that one. Check that out. Make sure you get your magazine either from the Statesman, or you can come by Core Group Realty and pick one up as well. Or come by home 33 there in south Meridian. They'll be stacked up there on the counter to take as well, so you can see all of the homes listed.

Thom:                    For sure.

Dave Burnett:                    Tom, thank-you so much. It is Core Group Realty. 933-7777. If you have a question about anything we've talked about today, somebody will answer that phone for you. Or go to CoreGroupRealty.com. We'll do this again next Saturday as we do every Saturday at two o'clock. Tell your friends. Tell anyone you know that is looking to buy or sell a home to tune in, to get empowered with that information and knowledge.

                                                It is the Idaho Real Estate Buzz here on 580 KIDO.

Innovative Custom Homes
208-891-9977
innovativehomesboise.com

Core Group Realty
208-639-7700
CoreGroupRealty.com

 

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