Tune in today for some great tips on moving with a family! Thom and Dave are also chatting about some of our newest listings. You do not want to miss out on these!
Ron Wieczorek stops by the studio to talk about all things financial, including a possible recession? Listen in to see what he has to say.
Dave Burnett: This is the Idaho Real Estate Buzz. He is Thom Dallman, the co-owner, associate broker at Core Group Realty at eXp, CoreGroupRealty.com. That's a website you can always go to 24/7 or you can call (208) 933-7777.
I know it doesn't quite feel like it yet, but summer's coming to an end.
Thom Dallman: Yup, it is. I can't believe it's happening. Yeah, we were just up at Lucky Peak last weekend doing some boating and whatnot and was surprised to see the water level already being lowered up there.
Dave Burnett: Yup. Well, it's that time of year. Well, this weekend we're headed into the a month of September. Unbelievable.
Thom Dallman: Yeah, I anticipated that they would at least wait until after the holiday to get the water decreased up there, but they've started. They've started. That's always that first sign of like, oh, fall is right around the corner when they start lowering that water at Lucky Peak.
Dave Burnett: And the leaves will be changing soon. So get ready for that. New listings at Core Group.
Thom Dallman: Yeah. We've got a couple of new listings that I'd love to chat about, some great opportunities out there. And the first one is at 303 South Ivy Street in Nampa. This is an interesting property as in it's a 1940s bungalow. So it's a really cute little corner property, corner lot with mature landscaping and everything in this nice little quiet neighborhood. But it's been kind of unofficially turned into a triplex. It's not permitted for it. It's permitted as a single family residence, but they have it set up so that you can use it as a triplex, three different rental units. And they actually have a long term tenants in each one of the units that had been there for awhile.
So it's a great investment opportunity. It's $217,000. It's a four bedroom, three bath officially on paper, single level with a basement. And it's 2,100 square feet, 2,158 to be exact. So some great opportunity. The upstairs kind of has that three bed, two bath. The downstairs is 900 square feet and has one bedroom and one bath down there with its own entrance into the basement. So that's how they are able to kind of use it as kind of a triplex on that route. So it does, like I said, have tenants in there. So right now it's being advertised as a drive by viewing first. So we're not showing the property until we actually have an officially accepted offer. So all offers are being submitted, contingent on being able to getting in and view the property. Which you really don't want to disturb the tenants and stuff.
Dave Burnett: It's a coordination issue there when you have several different people there.
Thom Dallman: Exactly.
Dave Burnett: So they can drive by, take a look at it on Ivy Street there, and if they want to make an offer on it.
Thom Dallman: Mm-hmm (affirmative).
Dave Burnett: They can do that contingent upon if then they get in and see it.
Thom Dallman: Exactly. Yep. Yep.
Dave Burnett: So that's definitely one where you want to call one of the agents at Core Group to get that all set up too.
Thom Dallman: Exactly, exactly. And the tenants do know that it's being sold and that there's a possibility too, that they could be asked to leave if someone wants to buy it as the single home, a single family residence. So they're prepared to vacate with a 30 day notice and so forth.
Dave Burnett: Okay. Some there's some options to be sold as like a triplex?
Thom Dallman: A rental, yes. Correct.
Dave Burnett: So that works out well. But that is a property in Canyon County. If you're looking to get over to Ivy Street. What's the address one more time?
Thom Dallman: It's 303 South Ivy Street.
Dave Burnett: Okay. And what else you got on the list there?
Thom Dallman: The next one that we have is actually over in Parma. It's a great 10 acre property with a 5,160 foot square foot, six bedrooms, six bath house.
Dave Burnett: Wow.
Thom Dallman: Two story with below grade with a basement.
Dave Burnett: Big house, big property.
Thom Dallman: Big house, big property. Lots of opportunity there. Listed at $550,000. It has three laundry rooms. It has heated tile floors in it and it has... one of the rooms is actually has a big theater room/bonus room in it for entertaining and stuff. So a great opportunity for a big house out on 10 acres to kind of get yourself away from the hubbub of the city and have some rural life.
Dave Burnett: And that truly is the case. If you get outside of the Boise, Meridian, Nampa, Caldwell area, suddenly it's very rural and the life very different, very quiet.
Thom Dallman: Exactly, exactly.
Dave Burnett: Well, that's a great way to go. And you got 10 acres to surround yourself with. Neighbors aren't all that close.
Thom Dallman: Exactly.
Dave Burnett: Got to like that.
Thom Dallman: Exactly.
Dave Burnett: What's the address, now? It was kind of an odd address. What is that again in Parma?
Thom Dallman: The address is at 3752 Third Lane E in Parma.
Dave Burnett: Okay.
Thom Dallman: Third Lane E.
Dave Burnett: Certainly, probably the best thing to do is go to the CoreGroupRealty.com.
Thom Dallman: Yup.
Dave Burnett: And look for that Parma address.
Thom Dallman: Look at our featured listings and... yeah, look at our featured listings and pull it up.
Dave Burnett: Perfect.
Thom Dallman: I want to kind of go back because I just realized I just pulled up the first listing that we talked about on Ivy Street.
Dave Burnett: Yep.
Thom Dallman: I was under the understanding that it was only showing if offers are made. But as I'm reading the fine print in here, it looks like you can view it. It's just a 24 hour notice required. And one of the tenants maybe present because they can't leave their unit, I guess.
Dave Burnett: So definitely call the folks at core group (208) 933-7777 to find out more.
Thom Dallman: Yeah, find out more. I'll get more details on that. I just want to make sure that everybody's... it's worded weirdly in here. It's one of my agents listings so I'll have to verify with her on that after the show.
Dave Burnett: Perfect. So the best thing to do is just go to Core Group.
Thom Dallman: Just give us a call. Just give a call and we'll coordinate that for you one way or another.
Dave Burnett: Get you all fixed up. Thom, I mentioned at the top of the show that it's been hot so it's felt like summer but we really are now in September. I mean, the 21st of September is the first day of fall.
Thom Dallman: Time for fall home projects, right?
Dave Burnett: There are things to do to try to start getting your home ready for fall.
Thom Dallman: Yeah. Yeah. I mean, you want to... We don't have very crazy winters here but we do get cold spells and and so forth. So you really want to start thinking about things that will help your heat efficiency and stuff like that. One of the things I usually tell people is to make sure you go walk around your exterior and interior of your windows and doors and make sure that you're looking to see if you see any sunlight coming through. Because if you have sunlight coming through. Then you have a little bit of a... a little bit of an issue going on.
Dave Burnett: When it's zero degree air that's trying to come through, you'll notice it.
Thom Dallman: And typically on doors that's usually due to weather stripping. Weather stripping gets compressed as you kind of open doors and close them and they sit closed or whatnot. So going through and replacing weather stripping is one of the things. Sometimes caulking as the heat and cold and stuff expands and contracts your windows, the caulking might start coming out of some of the seals. So you want to redo some of the caulking around your windows and whatnot. So also, checking your gutters. This is the time of the year that you want to make sure your gutters are cleaned out and cleared out so that you don't have any snow buildup in them, ice build up, blockage that's going to cause it to expand and break your... or get too heavy and even cause them to fall over, potentially them off of the house.
Dave Burnett: Man, if you've got a home with gutters, that can happen.
Thom Dallman: Oh yeah. Oh yeah. So making sure you're cleaning out your gutters and they're all working properly.
Dave Burnett: Well, plus the fact that as we head into fall, it's a time where we're likely to see some rain, some snow and water going down those gutters, so you want to make sure they're all cleared out and ready to go.
Thom Dallman: Exactly, exactly. It's also the time to winterize your spigots outside. Make sure that you're putting caps on them so they don't freeze, coordinating a sprinkler blowout. Making sure that your sprinklers are blown out for the winter time. It feels so weird to like...
Dave Burnett: To talk about that now?
Thom Dallman: To be talking about that now, but as we kind of get closer to the fall time frame, will be for landscapers-
Dave Burnett: Well, by the end of September, early October you want to get that direction.
Thom Dallman: Yeah, and landscapers get filled up pretty quickly with a requests for that, if you think about all the homes that we have in the in the Treasure Valley and stuff like that, so definitely want to make sure you're getting that done. If you have a wood burning stove or would burning fireplace, might be time to get that maintained, cleaned out. Make sure that there's no residue in the chimney. That could cause a fire, so it's just all those little things that you just kind of want to make sure that you're taking care of. Inspect the outside of your house. If you have any peeling paint, chipping paint, stuff like that, you might want to get that repaired. Any holes in the walls, anything that can create moisture getting in there and expanding when it gets frozen and stuff like that, you want to make sure you get that all out and repaired and washed over or painted over.
Adding insulation sometimes, make sure you're checking your attic for insulation to make sure insulation hasn't been moved when you're up there storing stuff through the summer.
Dave Burnett: You haven't crushed it with all of your things you want to put on top of it.
Thom Dallman: Exactly.
Dave Burnett: Because that doesn't help.
Thom Dallman: Yeah. Check your attics for insulation stuff. It might be a good idea to poke your head down into the crawl space as well. Make sure that there's not been any moisture intrusions or anything like that or rodent infestations that happened through the summer, and keep an eye out for... During the fall, that's when rodents tend to try to come and borrow in and...
Dave Burnett: And gets cold, they want to come inside.
Thom Dallman: ... hunker down for the winter. Exactly.
Dave Burnett: As you know, there really is a good time to go around, get some that expanding foam insulation if you have little tiny holes like around your cable wires going in and make sure those are all plugged up so that way mice can't get in.
Thom Dallman: Exactly, exactly.
Dave Burnett: They will do that.
Thom Dallman: If you haven't kind of one of those older homes that have kind of the drafty windows and stuff, they make some really great sealants and stuff that you can put around the windows that are almost near invisible, or even putting some of that plastic stuff over the windows for the winter time.
Dave Burnett: Old school, but it works.
Thom Dallman: Old school, but it works. Yeah. It keeps the draft out.
Dave Burnett: Something we didn't really even get to touch on, but we actually might deserve a segment, get somebody in who's kind of an expert. Fall is a great time to plant.
Thom Dallman: Oh, yeah.
Dave Burnett: Whether you're looking at trees, whether you're looking in lawns. Because I mean, during the heat, grass seed, you can throw it out all day. It's not going to germinate until it's about 85 degrees.
Thom Dallman: Exactly. Exactly.
Dave Burnett: So we're reaching that time where it's a good time to reseed your lawn or to plant trees and plants.
Thom Dallman: They usually say it's a great time to make sure that you're picking up any debris and leaves and stuff that have fallen just to give your yard the ability, or your garden beds the ability to breathe through the winter and stuff like that as the snow accumulates on it and stuff like that. So getting it fertilized, nourished and stuff and ready while it slumbers and stuff.
Dave Burnett: Yup. For the fall.
Thom Dallman: That's super important.
Dave Burnett: Fall fertilizer.
Thom Dallman: But that is a really good idea to get someone in here.
Dave Burnett: You said the S-word. I was hoping you wouldn't, snow.
Thom Dallman: Snow.
Dave Burnett: Don't even think about that.
Thom Dallman: Yeah.
Dave Burnett: Thom, if somebody wants more information about the Core Group Realty @ eXp, that wants to get hold of you, how do they do that?
Thom Dallman: Sure. Give us a call, (208) 933-7777. Email us at firstname.lastname@example.org, or just check us out at CoreGroupRealty.com, the website, and there's a contact page in there, a contact us page that you can send us information from there as well.
Dave Burnett: You can always do that. Core Group, of course, one of the sponsors of this program, along with the folks at Flagstar Bank. Why don't you do this, call Core today, Core Group Realty at eXp. Find out why they say you get more with Core.
Dave Burnett: This is the Idaho Real Estate Buzz. He is Thom Dallman, the co-owner, also an associate broker at CORE group realty at EXP. CoreGroupRealty.com that's a website. Want to use a phone? 208 933 7777 is a phone number for you to call.
Thom, every week we get a chance to talk around with Flagstar Bank and find out what's happening out there. This week-
Thom Dallman: One of the most informative people that we have on this show.
Dave Burnett: He is.
Thom Dallman: Way more informative than I am.
Dave Burnett: Which is a nice way of saying "he's a little bit of a geek."
Thom Dallman: Yeah.
Dave Burnett: But information geek.
Thom Dallman: I liked where we were going until the geek word.
Dave Burnett: How about nerd? Information nerd?
Thom Dallman: All right. That is nerd, geek, with all love and respect. Just because-
Ron Wieczorek: I just buttoned my top button just to look the part.
Thom Dallman: You delve in to topics. To me its absolutely fascinating because there's so many things that we'll just go over the surface of. Oh, there's this, there's that. And we just gobble it up, thinking “Oh, that's the story” but there's more to the story, and I like the fact you give us that.
Ron Wieczorek: Yeah, I'm like a mini Paul Harvey right now. Good Day! And Now You Know... The rest of the story
Thom Dallman: Which direction are we headed today, what do you want to talk about?
Ron Wieczorek: We're going to talk about single family starts, and I'm going to take a path down the recession road a little bit, just because we're hearing a lot about it in the media right now. Probably more so than we should be hearing. There was a slight improvement in the housing starts in July according to the latest figures from the HUD and Commerce Department. That's a very good sign, because in April permits bottomed out a little bit and single family starts hitting a low point in May, and now we're starting to see a gradual improvement. Why that's important to me in our industry is because an increase in permi... home builders are reluctant to break ground on new projects if they fear that the economy is about to slump.
Thom Dallman: Yeah, they don't want to be stuck in the middle of it.
Ron Wieczorek: Right, and they've been stuck in the middle of it. We have flashbacks of 2008 when they were the ones holding the bag, so to speak, and they lost a lot of money, a lot of bankruptcies, a lot of inventory that they just couldn't move, and it just all fell from there. So with these increases in permits, and the increase to break ground and their willingness to break that ground, tells me more of story than we're hearing in the media right now, about where we're at with recession, and you keep hearing that R word, and it keeps popping back up and a part of that is because the yield curve a couple weeks ago became inverted.
Thom Dallman: Explain that. We hear that over and over. It's the yield curve, its inverted, the world is going to end!
Ron Wieczorek: That's not self explanatory? Come on guys!
In a nutshell, right now if you invested in a 2 year treasury, you would get a better yield, a better percentage on your money than you would for a 10 year treasury.
Thom Dallman: Typically, it's the other way.
Ron Wieczorek: Yeah, it has to be the other way round. Why would you invest your money for 10 years and get a lower return than you would get on 2 years? Shorter the term should yield a lower rate of return. Not in this case. That's what they talk about when they talk about the yield curve being inverted. And that's what causes a lot of the economists or experts and I'm using the [crosstalk 00:03:27]. So that's what gets everyone popping their heads up like gophers, saying we're about to hit a recession.
The fact of the matter is, and I dug into the numbers a little bit, since the mid 70's the yield curve has been inverted for at least 36 times, for at least a 48 hour period. And there's only been 5 recessions that have ensued after that has happened.
Thom Dallman: So its 36 times, 5 out of 36?
Ron Wieczorek: 5 Out of 36. So what is that as far as a percentage? You're talking 1 out of 7, so it's a little 14 percent of the time that that has caused a recession.
Thom Dallman: That's not a very good batting average.
Ron Wieczorek: No, you'd be in the minor leagues or probably out of baseball if that was your batting average. To me that's not a good barometer. It's a sign. If its happened 14 percent of the time, odds are there's something else going on. There's got to be stronger numbers that back up what would cause a recession, or what's a good anticipation of a recession. Over the last 40 years, a year over year decline of 20 percent or more, in single family starts. That's why I started with that figure, that the home starts are up. A 20 percent decline in home starts or more, over the past 40 years, have preceded every single one of those recessions. To me, that 100 percent batting average, or 1000 percent batting average, is a little better than 5 out of the last 37.
Thom Dallman: That will keep you in the major league.
Ron Wieczorek: That will get you a huge contract.
Thom Dallman: Exactly.
Ron Wieczorek: You'll probably get walked a lot. Because if you hit every time you're up at bat, they're not going to let you swing that bat.
Thom Dallman: They're not going to let you swing that.
Thom Dallman: And not to turn the show about politics, because that's not what it's about, but everybody wants to jump on a side one way or the other, and say this, that or the other, and I do know this, I've had this said to me by several financial guys. With 24 hour financial shows on TV, they have to fill their time with something. So they will talk things to death, that are just extrapolating just for the sake of having something to talk about on TV.
Ron Wieczorek: Yeah, I talked to you a little bit over the break about this, and again, not to dive into politics, but there's certain sides, or side, right now, that does want... and I hate to say want a recession, because cheering against the American public, that's not a side that I want to be on. I want myself, I want my neighbors, I want everyone, when the tide rises all ships rise, right? That's what I want. Out of everybody, I don't want to ever cheer for a recession. But it seems like some people out there are cheering for a recession, because it helps them politically, and I think that's wrong.
But what I will say is, when you keep hearing that and you keep hearing that one huge component, there's not only that single family starts, and I'm glad that numbers up, because that tells me that a recession is not imminent. Consumer spending is a big piece of that, and if as a consumer, if you keep hearing that were going in the recession, you're not going to spend yourself out of a recession.
Thom Dallman: Yeah, you're going to skip buying that TV.
Ron Wieczorek: You're going to tighten up pretty hard. Unless you're my wife, who is a walking stimulus package.
Thom Dallman: But we don't want to get into politics.
Ron Wieczorek: No, that might get me in trouble. Don't listen, Honey.
Thom Dallman: So single family housing starts are up?
Ron Wieczorek: They're up and I think that's a great sign for where we're heading. Now, part of that recession talk is ultimately they are going to be right. I'm not saying there's no recession, or recession can't happen. We've had a 125 straight months of economic expansion.
Thom Dallman: That's a long time.
Ron Wieczorek: We don't have numbers to back that kind of history for an expansion, because its unprecedented.
Its got to be something. Whether it’s 2019, and people will listen to a recession, whether its 2020, whether its 2021, at some point, we're going to see some kind of slowing down.
I mentioned on this show before, a recession doesn't mean 2008. It doesn't mean that everything is just going to collapse, everyone is going to lose their job, everyone is going to lose their home. A recession is really 2 quarters of a downswing in the economy. Now some people may lose their job, that's all baked into everyone's estimates at all times when you're talking about the economy. Unemployment levels at 5, 6 percent are considered awesome. Why? Because it's already baked in there, that some people being unemployed. And that some people will say “Well, you have people staying at home with their families”. They're not counted in that number. That's not part of the unemployment number. If you're not actively looking for a job, or want employment, you're in that underemployment number, or just not even in the figure at all.
When you have a 5 percent number and everyone's like “Oh, we're doing awesome, we're expanding, we're at an all time low”, you still have 5 percent of the population that's not employed, and that's considered excellent. So that's already baked into the number, but we're going to have a recession at some point. I can see a recession happen where we barely notice. We'll see a cooling off in prices, but its not going to be a crash. If it happens, it happens for reasons we can't see right now, but ever since Dodd-Frank happened after 2008, and that was the legislation that put stricter regards on mortgages and how you have to originate them, and how someone qualifies. That was a real good piece of legislation on the face of it, because its put people in a position where even if we had a downswing for I would say a full year of downswing of the market, those are built off better numbers, and with any kind of economy that's still maybe not thriving, but still existing, we're not going to see the kind of disaster we saw in 2008. I think its scare tactics, at best.
Thom Dallman: The reality is, we're seeing interest rates for home loans still at really good rates, as somebody who is looking to get a loan.
Ron Wieczorek: Yes, its amazing how low they are now, and I've talked before that I think a cooling off would be actually very welcomed, because if the prices would stop for a little bit of going up, and the mortgage rates stay where they're at it would coax a lot of people that were on the fence of saying “My family is growing. I need to get out of this house. I've needed to get out of this house for 4 or 5 years, but my rate was so low, it didn't make sense, and now where the rates are, its like, OK, now I can afford it”.
Thom Dallman: If you want to talk to somebody about borrowing money, about getting a loan about maybe getting a second, Ron of course at Flagstar Bank. Equal opportunity lender, let me jump that in there right now. How do they get hold of you?
Ron Wieczorek: My cellphone is always on me. Its 208 869 9154.
Thom Dallman: That way Ron can sit down and... Hey, do you give free consultations to sit and see if it's the right time for somebody?
Ron Wieczorek: Yeah, I never want to push anyone into a decision that's bad for them. I never say no, but maybe it's a “Not now”. Maybe we'll regroup a little bit in 6 months. I live and breathe in this community. I don't want to set anyone up for failure. I want everyone to be able to succeed. Sometimes the right time is now, sometimes it was 6 months ago, sometimes it's a year from now.
Thom Dallman: Well, if you're thinking about maybe around the first of the year, you'd like to invest and buy a home, now's the time to start. Sit down, get that credit check done. Get pre-qualified and find out, Ron, a perfect time for somebody to look forward to that.
Ron Wieczorek: I agree 100 percent.
Thom Dallman: If you didn't catch that number, or all that information, you can always find it at Core Group at EXP's website, which is CoreGroupRealty.com Just look for the preferred vendors list and of course you'll find Ron and Flagstar Bank there, along with all the other vendors as well. CoreGroupRealty.com the website, you can call 208 933 7777. Find out why they say You Get More With Core.
Dave Burnett: This is the Idaho Real Estate Buzz. He is Thom Dallman, the co-owner, also associate broker at Core Group Realty at EXP CoreGroupRealty.com. That's a website. And of course you can always call (208) 933-7777.
Thom Dallman: Yup. Just dial those sevens. Someone will answer.
Dave Burnett: People getting settled in and school underway in all the school zones in the area. But you know, a lot of people have recently moved with their families.
Thom Dallman: Oh yeah.
Dave Burnett: Sometimes moving with a family is not that easy to do.
Thom Dallman: Oh yeah. Yeah. If you think about it. Well, if you think about it, a lot of people move during the summer because it's time to relocate, it's time to, the kids are finished school, getting them settled into the new house, before they start the new school. But that transition for kids, especially the younger kids can be quite traumatizing and stuff and make it kind of difficult for parents to move with.
Dave Burnett: Any tips you have?
Thom Dallman: Super important for the parents to be prepared for that. Yeah. I think I could probably talk a little bit about some ideas and stuff like that to help parents.
One of the things that I usually will recommend is to talk to them early. Make sure that they're fully aware of what your intentions are. Don't try to keep it hidden from them, and go around, trying to sneak and-
Dave Burnett: Surprise them.
Thom Dallman: Surprise them and say, "Oh, we're putting the house on listing." So talk to them early on. As soon as you start having that inkling that you're thinking about selling the house. Because that will give them the time to mentally prepare themselves. Because kids get into their routines, they get into their ... They get really emotionally attached to things.
Dave Burnett: We've talked about this in the past, for adults, for you and I, for adults, selling a home is an emotional thing to do.
Thom Dallman: Oh yeah. Oh yeah.
Dave Burnett: You have so many memories. I hadn't really thought about it. When you're talking kids, some of these kids, that's all they've ever known.
Thom Dallman: That's all they have ever known. They haven't gone through the growing up process, moving around, going to college and stuff like that. So yeah, this may be, for some kids, be their first home, the only home that they've known. I think it's really super important to start that communication early, make sure that they're aware, get them involved, make them ... Part of the reason why they get so emotionally upset is because they feel like they don't have any control. It's all the parents doing this and how dare you do this to me and stuff like that. So give them some of the options to kind of help out and pack up their own rooms, kind of help slowly get them used to the idea.
I'm personally like it when parents bring their kids on, to go look at homes and stuff like that. As long as they understand that they need to be well behaved and it's not their home, they can't go running through and touching stuff. But it gets them involved enough to get them to feel like they're a part of the process.
Dave Burnett: And get them excited.
Thom Dallman: And get them excited. Exactly. So that's what ... I just had some clients that just bought a house and they had a couple of kids. And so once we kind of ... We didn't really take them on all the showings, but we took them on a couple, especially for the vacant houses, it was easier to take them to. But once we found a house and identified it, we got them in there, we got them all excited about it and showed them and they talked about, "Hey, this is going to be your room eventually and stuff like that.
So it really kept them involved and got them excited about it and stuff. It's a really, big part of it is that communication, getting them involved, helping them to be prepared for some of the process. Let them know, we're going to be boxing stuff up so we're going to ... We're going to be limited on what we can have, what we can have to play with, what we can have around the house. Because we're going to want to start this transition, and stuff like that. Just really getting them prepared for the whole process.
You can make it a game, maybe each night it's, "Let's go through your toys and see which ones do you love and want to keep and which ones can we pack up? Which ones can we donate to. You've outgrown this, you haven't played with it for a couple of years. Would you like to donate it?"
They say if you have an emotional child that you know is going to be like, "Oh no, no, no, everything. I want to keep everything." There might be times where when he's at school or out with friends and stuff that you might want to pack up those things that you know he hasn't, that he's outgrown and haven't played with.
Dave Burnett: Hard part for a parent, and you kind of touched on it just now. I didn't think about my two daughters. They're grown now, but my two daughters, they were as different as different can be. One of them moving, no big deal. The other one, it was tough. It was tough getting ready to move. It was tough when we moved. The other kid was just like, "Whatever."
Thom Dallman: "Whatever. Let's just go with the flow."
Dave Burnett: So dealing in it but if you have multiple kids ...
Thom Dallman: Was it tough for her because of the friendships and stuff? Because that's, they say that that's a lot of the drama that kind of goes around with kids, the emotions.
Dave Burnett: Yeah. I think it was.
Thom Dallman: It's like, "Oh, I'm going to lose all my friends."
Dave Burnett: Friends. The fact that nobody likes change Thom. Nobody likes change.
Thom Dallman: That's true.
Dave Burnett: She really didn't like change.
Thom Dallman: Yeah.
Dave Burnett: But yeah, part of it was, change of schools, change of friends. I'll never see these friends again.
Thom Dallman: Exactly.
Dave Burnett: Well, of course you will honey.
But we all know.
Thom Dallman: Yeah.
Dave Burnett: Of course you will.
Thom Dallman: In this day and age of social media, it's easier to stay connected, for your kids to stay connected with other kids. Maybe it's talking to their best friend's parents to say, "Hey, can we set up a schedule where once a week we get on FaceTime and so the kids could talk to each other?" So that they're not feeling like they've lost a friend in the transition of moving and stuff like that. They're still communicating with their friends. So really kind of reaching out to some of the parents of your kids' friends, might help control those emotions a little bit. Helping them feel like we're going to keep our friends, we're not going to lose our friends.
And you know, slowly that will probably fade in time.
Dave Burnett: It does, because I-
Thom Dallman: You'll miss one because you got something going on and then, yeah, yeah. And they'll get new friends and whatnot.
Dave Burnett: Now I realize we're in school now, but do you recommend that, I mean, it's kind of obvious I would think, that you would take the time and as an agent, as a real estate agent, if you have the kids with them, take them by and say this would be your school and take them to visit where their school would be.
Thom Dallman: Oh yeah. I think that's a great idea. Yeah. Show them the neighborhood, take them out to the neighborhood, show them the parks. Like, "Hey, we're going to move into this area. Here's the parks, here's some convenient things about this area that you're going to love." Take them to some of the restaurants. If you have a family night out to go to dinner, take them, if you have that option, if you're moving across the country, that's kind of hard to do.
Dave Burnett: Yeah.
Thom Dallman: But if you have the option to be able to go into that community, go to some of the restaurants so they can see, "Wow, this is kind of fun." And make it a positive experience for them and stuff.
Make it a fun process in the whole packing up and moving, giving them, and this is such a weird concept, but colored packing tape. You can buy packing tape in colors. Give them their own color for their boxes and stuff like that. Let them pick their colors for boxing. So as they're boxing stuff up and they get to use their colored tape so they know which their box is going to go into their room. Helps, once again with that feeling of control, a feeling of knowing "My boxes are the blue tape. They're not going to get mixed up with my sister or my brother or the other kitchen stuff."
Dave Burnett: That's a good idea.
Thom Dallman: Yeah.
Dave Burnett: I'd not even thought of that.
Thom Dallman: Exactly. Yeah. So there's little things like that that just, once again, it's kind of giving them a little bit of control over what's happening to them and making them feel involved in it.
Say goodbye to the old house. Once everything is all moved out, give them the opportunity to walk through the rooms, say goodbye to the old house. That's kind of important.
Dave Burnett: It's an emotional one. Bye, bye house.
Thom Dallman: Yeah, exactly. But it's one of those psychological things where everybody needs closure in relationships and everything that they do, you need some kind of closure. And so kids really depend on that closure. So that's a way for them to close that chapter is, "Let's say goodbye to the house. Let's walk through one last time, and just remember the good times that we had here and cherish that. And then think about what's going to happen in the new house." Give them that grace period to just say goodbye to the house and stuff.
And you might want to even, at the new house, have a new toy for them, have something exciting for them when they show up, surprise them with something exciting. It makes that first entry into the new house as your house, exciting for them.
Dave Burnett: Just something to look forward to.
Thom Dallman: Yeah. If you have the money, maybe it's a swing set, maybe it's something small, like a new toy in their room on their bed all wrapped up in a present. You know, just something to "Surprise. This is your new home," and stuff. They say that you should really get their rooms ... You should focus on getting their bed set up and their room set up as quick as possible, as soon as possible, so that they have that place in the new home to go to that's theirs and that's familiar to them. Familiar bedding. Don't change out bedding. Don't get new bedding right away. Let them get accustomed to the new house with all their old stuff until you start replacing it.
Dave Burnett: Just for security.
Thom Dallman: Exactly.
Dave Burnett: Okay. We've done this show long enough. But let me insert this here right now.
Thom Dallman: All right.
Dave Burnett: We've done this show long enough that I know this. Do not promise your kids a new pet.
Thom Dallman: No.
Dave Burnett: At this point. Don't do that to the pet.
Thom Dallman: You can give the pet.
Dave Burnett: Don't do that to the animal. Down the road.
Thom Dallman: Yeah.
Dave Burnett: But make sure you-
Thom Dallman: Give yourself time to settle in and get prepared and mentally and just physically with the house, make sure you know exactly what kind of pet is going to fit in with your family and stuff like that. Yeah.
Dave Burnett: Because it's easy to go, "Hey Bill, we're going to get you a new dog."
Thom Dallman: "We're going to get you a dog once we move in."
Dave Burnett: Don't do that to the dog.
Thom Dallman: Yeah, exactly. Don't buy the dog before you move, is the biggest thing.
Dave Burnett: It'd be a wrong thing to do.
Thom Dallman: It's traumatic enough for a dog to go into a new environment. But then to all switch it again so shortly after getting him into new environment could cause some anxiety issues with the puppy dog. So yeah, if you're going to get a dog, a cat, a whatever, pets, wait until you guys are settled in. And wait until most of all your boxes are unpacked so that you have time to settle in and you guys get into a routine and are prepared to bring that new family member in.
Dave Burnett: Here's one I'd say that you could do if a new pet is in store for you, get a calendar, show the day you're moving into the house and then say, two months from now, we'll get a dog or we'll get a cat or we'll get something. Mark it on the calendar.
Thom Dallman: Mark it on the calendar.
Dave Burnett: And then that way the child can look forward to it.
Thom Dallman: A great idea.
Dave Burnett: But just don't try to do it all at the same-
Thom Dallman: And maybe it's an incentive to help unpack into the new house. Like every day we're going to unpack a new box and we're going to mark it off on the calendar. We're going to unpack a box. We're going to get ourselves closer to being ready for this animal to join our house.
Dave Burnett: Yup. That would be the way to do it.
Thom Dallman: Exactly.
Dave Burnett: Just don't try to do it all at once.
Thom Dallman: Exactly. Exactly. And they say ... Oh sorry, one last thing. They say to keep the kids on a routine. I just wanted to throw that out there. If you do your regular feeding time, meal times at specific times and they go to bed at 9:30 at night, make sure you stick to those routines, do the whole process to, once again, keep that comfort level with the kids.
Make sure that they are having that normalcy in their life so that they're not getting everything disrupted at the same time.
Dave Burnett: The thing I take away from this segment as we talk about it is a routine.
Thom Dallman: Routine.
Dave Burnett: Keeping that. Security, to make sure they feel secure, and inclusion and to make sure they feel a part of the whole process.
Thom Dallman: Exactly. That's a good summary.
Dave Burnett: Three people out of this segment. Tom, if somebody wants to get hold of you, maybe they want to counsel with you a bit.
Thom Dallman: Yeah, give us a call.
Dave Burnett: They're looking for a new home. Help us do it. How do they get hold of you?
Thom Dallman: Yeah. Give us a call. 208-933-7777 or email us at email@example.com. We do free consultations. We can help you think about the process. It's whatever questions you have, we can help you through and help you figure things out.
Dave Burnett: This is proof positive that for Core Group Realty, it's not about selling a house.
Thom Dallman: Nope.
Dave Burnett: You can sell a house.
Thom Dallman: Yeah.
Dave Burnett: It's the whole process involved.
Thom Dallman: Exactly.
Dave Burnett: I think your agents are sensitive to that.
Thom Dallman: Exactly.
Dave Burnett: They're not just selling a house, but they are making a home for somebody.
Thom Dallman: Exactly.
Dave Burnett: Call today (208) 933-7777 the Idaho Real Estate Buzz being brought to you by Flagstar Bank and the folks at Core Group Realty at EXP. Find out why they say "You do get more with Core."
Core Group at eXp Realty