What does a chicken wing have to do with the PHX Housing Market?
Posted by Merrill Jencks on Monday, July 27, 2020 at 3:00 PM
By Merrill Jencks / July 27, 2020
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A Chicken Walks into the Phoenix Housing Market...
And is instantly turned into a hot wing. We've been trying to tell you for weeks now how insanely hot the Phoenix housing market is. Some of you have listened, but others are still skeptical. Do you think I would put myself through this much torture to prove to you how hot it was if I wasn't telling the truth?! According to these 4 sub-markets in the East Valley, I ate a corresponding hot-wing to show you the level of buyer activity:
1. $1M - $2M: ASIAN ZING
2. $750k - $1M: HOT
3. $300k - $500k: MANGO HABANERO
4. Under $300K: BLAZIN'
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Wanna see how I did? PS... I wasn't allowed to drink any water. Watch the video and tell me if you've ever had the BLAZIN' hot sauce from Buffalo Wild Wings!
Curious how your home would do as an Air B&B? Don't forget to check out your home's current value & see all of your options as a homeowner.
See you next Monday for another Merrill's Market Madness!
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In Arizona many properties have pools and you may be curious if purchasing a home with a pool would be a good option.
Solar panels are also a hot topic.
In this video, I will teach you about two different strategies for investing in rental properties. My goal is to help you make an informed decision when it comes to buying your next property!
In this video, I share some of the best strategies for investors who are looking to buy a rental home.
-Is
What to look for in an Investment Home?
Merrill shares his list of what to look for in a rental home or investment property.
There are a few key features that we like to look for when we are buying long-term hold properties. One of those things is a home that doesn't have very much carpet. All of the living areas should have some kind of hard flooring. Carpet can tend to look old and worn. Another big one is for the home to have a newer air conditioner or roof. Both of these repairs can cost a pretty penny, so I want to avoid anything that will
Real Life example of Purchasing a Rental Property and its Cash Flow
Here is a real-life example of purchasing a rental property and how it has cash flow.
Investing is one of the most popular topics on youtube. But there's not much out there that shows real-life examples of what investing in property looks like. I'm going to share an example with you today, and then break down how this investment would work, so you can see for yourself if it's something worth considering!
How do I know if I am ready to hire a real estate assistant?
How do I know if I am ready to hire a real estate assistant?
What are the signs that you need to hire a real estate assistant?
There's so much work to do when you're running your own business, but it doesn't have to be overwhelming. In this video, I share the tell-tale signs that you need help with managing your time and workload!
How do I know if I am ready to hire an assistant?
Questions to ask yourself?
Ask yourself these questions, as you consider if hiring a real estate assistant is right for you:
D
Should I do Real Estate Part Time?
Many people who are looking to invest in real estate ask the question "should I do this as a hobby?"
There are pros and cons to both, but in this video, we'll explore why it may be better for you not to think of real estate investing as a hobby.
The top 25% of the agents control 73% of the market and the top 50% of the agents control 91% of the business. That means if you are not in the top 50% you are getting for 9% of the market share.
The risks of running your business like a hobby?
No true momentum
Changes to the Arizona Homestead Protection Act
Changes to the Arizona Homestead Protection Act
In the past 150K worth of equity was protected against the judgment and civil suites. The state legislature raised that ceiling to 250K recently and that is great news.
The change in the law now allows judgments to take precedence over homestead protection.
This is a huge change and it can be retroactive.
The change in the law now allows judgments to take precedence over homestead protection.
Losing Momentum Because of Burnout in Real Estate
Losing Momentum Because of Burnout in Real Estate
In this video, I talk about how to avoid burnout in real estate sales.
I'll cover the three most common reasons for feeling burned out, and then share a few strategies that can help you get back on track.
Remember being consistent will help you avoid burnout and create the kind of business you want in real estate.
Self managing your rental properties vs hiring a property manager pros and cons
Self-managing your rental properties vs hiring a property manager pros and cons.
Hi, I'm Merrill Jencks.
I am a real estate investor and I want to help you understand the basics of investing in rental properties.
This video will cover the pros and cons of self-managing your own properties vs hiring a property manager so that you can make an informed decision when it comes time for you to invest in your first rental property.
If you want to know more about rental properties in the Phoenix Metro area sen
Looking back at Phoenix Housing Market in 2021 & predicting 2022 - Merrill's Market Madness #74
It's hard to predict the future, but it's fun to look back on past predictions. In this week's edition of Merrill's Monday Morning Market Madness, I'm looking back at how accurate some Phoenix housing market predictions were in 2021, and sharing some predictions I have for 2022!
If you're thinking about buying or selling in the Southeast Valley area, drop us a message we will give you the scoop on what you could get for your home. Do you have a question for Merrill? Ask your questions in the comment secti
Looking back at 2021 Seville housing market and into 2022! - Seville Market Update
It's hard to predict the future, but it's fun to look back on past predictions. In this week's edition of Merrill's Monday Morning Market Madness, I'm looking back at how accurate some Seville housing market predictions were in 2021, and sharing some predictions I have for 2022!
If you're thinking about buying or selling in Seville or anywhere in the Southeast Valley area, drop us a message we will give you the scoop on what you could get for your home. Do you have a question for Merrill? Ask your questio
Do you need cash to buy investment properties in Arizona?
Many times our clients ask us about buying investment properties and they want to know. Do you need cash to buy investment properties in Arizona?
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480-466-6320 Merrill Jencks
Real Estate Agents Struggle Calling their Database
Why do real estate agents struggle to call their database?
You're a real estate agent. You have the best job in the world, but you struggle to call your database.
Would you like to know the #1 reason why real estate agents struggle calling their database?
Real estate agents need to be in contact with their database of past clients. But so often they struggle with getting the calls and emails out there.
For many, they dont know what to say if it has been too long since they followed up.
In this video
What is a Real Estate Wholesaler?
What is a Real Estate Wholesaler and what do they do?
The Phoenix housing market is one of the hottest markets in the country. It's also a very competitive market with lots of investors competing for great deals. That means that if you're just getting started, then it might be difficult to find your first deal.
That's where real estate wholesalers come in! Watch this video to learn more about what they are and how they can help you take your investing skills up a notch.
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How many mortgages can you have?
How many mortgages can you have?
How many rental properties can you have?
Are you wondering how many mortgages you can have?
In this video, I'll share the number of properties that are allowed to be financed by a mortgage. And I'll also discuss some other factors that can affect your ability to finance more than one home.
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480-466-6320 Merrill Jencks
How to Win the listing Try this
How to Win the listing Try this....
In this video, I interview Merrill Jencks a 22M producer in the Phoenix Metro area on How to Win the listing using a 10-day listing agreement!
I know it sounds crazy but he is using it with For Sale By Owners and Expired Listings and it is working!
Post your comments below I know you will have them.
How to Find Funding for Your First Investment Property
How to Find Funding for Your First Investment Property
I'm going to share with you a little bit about how to find funding for your first investment property. This is a really important step in the process, and it's one that many people overlook or don't know where to start.
In this video, I talk about some of the different sources of financing you can look at when looking for ways to fund your next deal!
You are going to want to start by speaking to a lender to find funding for your first investment prop
Get Bougie with your Schedule in 2022! - Resilient Realtor Class
2022 is the year that you get Bougie with your schedule! This class will teach you how to time block like a boss and get more out of your day. You'll learn how to time blocks and will get tools like an accountability tracker. This class is full of easy-to-use strategies to help you stay on task and achieve your goals. With this class, you'll be able to take control of your time and finally crush your goals!
Masterminds 122721
Should I Join a Mastermind?
Becoming a member of a mastermind can be one of the best investments you make in your real estate business. But how do you know if it's the right thing for you? Watch this video to find out!
What is a mastermind?
A mastermind group is made up of successful people who are willing to share their knowledge, ideas, and resources with others in order to help them achieve success. In this video, I'll tell you what your mindset should be before joining one so that you can decide if
What it is like to be in a Mastermind
What it is like to be in a Mastermind
Merrill Jencks shares what it is like to be a mastermind and why as a busy real estate agent one should join one.
Is it possible to grow faster and skip some of the mistakes that realtors make? Well not sure if that is possible but being part of a mastermind will help you grow.
What is it like? It can be a great experience if you are lucky to get in one.
Do's and Don'ts for Selecting Tenants - Investor Insights
What are some of the best ways to select tenants?
I'm glad you asked! In this video, I share my three top tips for selecting great renters for your property. A lot of people think they know what it takes to be a landlord, but the truth is that there are some things you need to learn. Watch this video and find out my top tips for how to select good tenants in today's market!
If you want to become a successful investor, subscribe to this channel so you never miss a video! Also, follow me on Facebook and In
Is it better to Invest in Stocks or Real Estate? - Investing Insights
Making the decision to invest in stocks or real estate can be a difficult one. In this video, we break down the pros and cons of each investment and help you decide which is best for you.
Want to become a better investor? Make sure you're subscribed to this channel and follow me on Facebook and Instagram at @ResilientRealtor!
Merrill Jencks
480-466-6320 | [email protected]
merrill.bighelpergroup.com
The Secret to Managing Multiple Properties - Investing Insights
Do you own more than one property? Do you manage them all on your own? Managing multiple properties can be a lot of work. But it doesn't have to be! In this video, I share some tips for managing your properties with Rental Hero so that you can spend less time and money on management, and more time doing what you love.
If you want to strengthen your investing skills, make sure you subscribe to this channel and follow me on Facebook and Instagram at @ResilientRealtor.
Website: https://merrill.bighelpergroup
Housing Market Update in Seville Gilbert - February 2022 - Seville Market Update
Are you curious about the housing market in the south Gilbert neighborhood of Seville? In this video, we take a look at the latest trends as of February 2022. Stay up to date with the current market conditions and learn what's driving prices in this niche market!
If you're interested in staying up to date on the Seville or general Phoenix housing market, make sure you subscribe to this channel and follow me on Facebook and Instagram at @BigHelperGroup and @MerrillJencks
Merrill Jencks
[email protected]
Phoenix Housing Market 2022 Update - Merrill's Market Madness
In this week's edition of Merrill's Market Madness, we take a look at the final numbers for January--what happened with average prices, interest rates, and the supply/demand? Also, a look ahead and what to expect in the coming months.
Want to stay up to date on the Phoenix housing market? Make sure you're subscribed to our channel and follow us on Facebook and Instagram at @BigHelperGroup and @merrilljencks!
Merrill Jencks
[email protected]
Merrill.bighelpergroup.com
How to manage your client's expectations
In this video we talk about How to manage your client's expectations
As a real estate agent, one of the most important things you can do is manage your client's expectations. In this video, Merrill Jencks will share tips for how to manage your clients expectations and building trust with your clients.
Clients can be demanding and expectations can get confusing. How do you manage your client when they want to see homes at the drop of a hat? First you have to manage your schedule so that your clients expec
Stop an Unproductive Real Estate Career
How do you Stop an Unproductive Real Estate Career?
Are you a real estate agent who is struggling to make your calls, be productive during the day, and, ultimately, make money? Maybe you feel like you never have the time do to the things you need to push your business forward and your life is always stressful?
In this video, I'm going to share with you some tips on how to stop being unproductive by using what we like to call "Days By Design". If you are operating your business by the seat of your pants, y
Die with Zero by Bill Perkins - Book Review
In this video, I will be reviewing an amazing book called Die with Zero by Bill Perkins. It's all about getting what you can out of your money and your life before you pass on. In the world of business, we hear all about the importance of making money, saving money, and investing money. While all those things are important, it's not often discussed how we should spend the money. This book brings that topic to our attention and challenges us to start using our money to get all we can out of life up until our
What Maintenance looks like as a Landlord - Investor Insights
If you're looking into getting started in real estate investments, it's important to know what types of maintenance you'll likely be dealing with. In this video, I talk about the different types of maintenance and repairs that come with being a landlord.
If you want to become a rockstar real estate investor, make sure you subscribe to this channel and follow me on Facebook and Instagram at @ResilientRealtor.
Merrill Jencks | 480-466-6320 | [email protected]
merrill.bighelpergroup.com
Tips for Being Consistent in Using Video
Are you struggling to be consistent in using video? Maybe you're posting a video here and there, not really seeing much of a result. The key is being consistent! I know that life can get in the way of posting videos, but I have some tips for being consistent to share with you!
What does a Real Estate Agent do all day?
Ever wonder what a real estate agent does all day? If you ARE a real estate agent, you might be wondering why you feel like you're not where you're supposed to be, or maybe you're overwhelmed and feel like you're doing too much? In this video, I will share the checklists I use and share them with my agents.
Download the guides here: https://bit.ly/3rIS1KE
If you're looking to strengthen your real estate skills, make sure you subscribe to this channel and follow us on Facebook and Instagram @ResilientRealt
What kind of home Insurance & warranty should I have for an investment home?
What kind of home Insurance & warranty should I have for an investment home?
In this video, Merrill Jencks goes over what kind of home insurance you will need for your rental property, and if you need a home warranty.
Make sure you speak to your insurance agent and let them know that you have a rental property and not an owner-occupied property. It may be more expensive, but the coverage is worth it if your tenants extensively damage the home.
Home warranties are something we often recommend to our cli
Float Down Policy
Are you looking to buy a home soon and working with a lender? Make sure you lock your rate before rates rise, and talk to your lender about a "float down policy" and if that's a possibility for you! So many people don't know about this float down option, so it's worth talking to your lender about!
If you want to learn more about buying and selling real estate in today's real estate market, make sure your subscribed to this channel and follow me on social media at @BigHelperGroup and @MerrillJencks
How to Prep your House to Sell
Are you getting ready to put your house on the market and want to know how to prep it to sell? There are a number of small improvements you can make to prep your house to sell for more money and in less time!
If you want to learn more about how to buy and sell real estate in today's market, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @BigHelperGroup and @MerrillJencks
How to Retire by Investing in Real Estate
Do you want to learn how to Retire by investing in Real Estate?
There are lots of ways you can get ready to retire. One of the best avenues to retirement is to invest in real estate.
If you want to become a better investor, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @bighelpergroup or @merrilljencks!
Reasons Why Real Estate Agents Fail
Reasons Why Real Estate Agents Fail
A lot of people think they want to be a real estate agent. But there are some things you should know first. Watch this video and find out why most agents fail within their first year, what you can do to avoid that fate, and more!
If you're looking to strengthen your skills as a real estate agent, watch more of my videos and follow us on Facebook and Instagram at @ResilientRealtor.
What does "Contingent Sale" Mean in Real Estate?
What's the best way to structure a contingent sale in Real estate? What does contingent even mean? People want to know how they sell their house and buy a home without being homeless in between the move. There are ways we can prevent that! Watch this video to learn how to protect yourself and move from one house to the next seamlessly.
If you want to learn more about buying a selling real estate, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @BigHelperGroup and @Me
Should I hire a Showing Assistant as a Realtor?
Should I hire a Showing Assistant as a Realtor?
As a real estate agent, you're always looking for ways to improve your business. One way to do that is by hiring a showing assistant. In this video, I'll discuss the benefits of having a showing assistant and how they can help you sell more homes.
I will be talking about what is a showing assistant, how to use a showing assistant, and how to pay a showing assistant.
As a realtor, I know that it can be challenging to fit it all in. Let me know after watching
Cap Rate VS Cash on Cash Return
What's the difference between cap rate versus cash on cash return with regard to investing? Maybe you're new to investing in real estate and haven't thought about or heard of the differences between these two aspects. Well, I'm here to help! In this video, I flush out the definitions of cap rate and cash on cash return while you're investing in real estate!
If you want to learn more about investing in real estate, make sure you're subscribed to this channel and follow me on social media at @BigHelperGrou
Real Estate Follow Up Tips
Real estate follow-up tips for realtors.
It can be hard to Balance Lead Follow Up and Appointments as a Realtor.
As a real estate agent, it's important to have a good follow-up system for leads. In this video, Merrill & Kristi Jencks talk about the importance of balance when it comes to lead follow-up and appointments. We also offer some tips on how to make sure you're getting the most out of your time!
If you're looking to strengthen your real estate business, make sure you subscribe to this channel and
How to Invest in Real Estate if I don't have a lot of Money?
Are you looking to invest in real estate, but you don't have a lot of money to start? Without at least some money, it's going to be very difficult. But if you have a little bit to start with, you can actually start making some moves! With the right strategy, you can start to invest in real estate without a lot of money and start building your wealth through property ownership.
If you want to learn more about investing in real estate, make sure you're subscribed to this channel and follow me on Instagram a
Watch what you Say in the House
When you're touring a home you might buy, make sure to watch what you say in the house! These days, almost everyone has some kind of recording or video device in or outside of the house. If you're not careful, you could say something that might give the seller the upper hand in the negotiations. When it comes time to talk to your real estate agent about your feedback, make sure you're not in or in front of the house!
Why you should Pay Attention to Home Values
Home values are on the rise, and if you pay attention to what your specific neighborhood is doing in the market, you can position yourself to make some big moves. Whether or not you have plans to sell your home, it's important to pay attention to the value. Maybe you would consider selling if you found out your home was worth a certain amount of money, or maybe you choose to do a cash-out refinance. Either way, home values should be on every homeowner's radar!
What to do After Finding a House
So you found the house you want to buy! Finding it is just part of the battle. After looking and looking, you want to make the next step. What's next? It's time to make an educated offer!
Want to learn more about buying and selling real estate? Make sure you're subscribed to this channel and follow me on Instagram and Facebook at @bighelpergroup and @merrilljencks!
Who Not How - Book Review
Are you thinking about reading Who Not How by Dan Sullivan?
I highly recommend it! This book has altered how I operate my business and personal life. Who not how is different than any other book I've read on this topic, and have already started telling all of my coaching clients to read it!
If you like my book reviews and don't want to miss another one, or you're a real estate agent that is looking for more training and tips, make sure you're subscribed to this channel and follow me on Facebook and Instag
Should I fix up my home or lower the price?
When you're selling your home and you're not getting as many offers or as much money in your pocket as you want, it might be time to ask yourself "should I fix up my home or lower the price? Lots of sellers face this question, and it's important to know the difference.
If you want to know more about buying or selling, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @BigHelperGroup or @MerrillJencks
What does an "as is" contract mean?
When you're purchasing real estate, what does it mean when you accept a contract "as is"? There are different ways to construct your contract when you make an offer on a home, and sometimes making it "as is" gives you an advantage over other offers.
Want to learn more about buying and selling real estate in today's market? Make sure you're subscribed to my channel and follow me on Instagram and Facebook at @BigHelperGroup and @Merrill Jencks!
Should you do the 75 Hard?
Have you ever heard of the 75 hard challenge? It was created by Andy Frisella, and might looking like just a physical challenge, but the 75 hard is more of a mental toughness challenge! Here are the the outlines for the challenge:
For 75 days straight you must...
- Follow a diet.
- Work out twice a day for at least 45 minutes.
- Drink 4 liters (about a gallon) of water per day.
- Read 10 pages of nonfiction a day.
- No alcohol
- Take progress photos every day.
If you want to become a better business own
Make Big Money as a Real Estate Agent
Are you in real estate and want to make big money? One of the best things about real estate is that there is no ceiling to how much money you can earn. I'm going to talk about some ways that you can start making more money as a realtor in 2022.
If you want to become even more successful in real estate, make sure you're subscribed to my channel and follow me on Facebook and Instagram at @ResilientRealtor.
First Things First Book Review
Have you ever heard of the book First Things First by Steven Covey? If you're looking for a guide to prioritizing your personal and professional goals, or if you're getting more done in less time, but are missing the deeper relationships, the inner peace, and the confidence that you're doing what matters most and doing it well, then this is absolutely the book for you.
If you're looking to step up your game in your business and even your personal life, make sure you're subscribed to this channel. And, if
How to get out of a Real Estate Contract as a Buyer
When you're buying real estate, you enter into a contract with the seller. While it is a legally binding contract, there are still ways to get out of the contract. As the buyer, you have multiple opportunities to cancel the contract and get your earnest money back.
If you want to learn more about buying a selling real estate in today's market, make sure you follow me on Instagram and Facebook at @merrilljencks and @bighelpergroup.com. If you live in Phoenix, AZ, and want to make some real estate moves, se
What's happening in the Phoenix ??housing market ?? today - April 2022
In this week's episode of Merrill's Monday Market Madness, we take a look at how the market is reacting to far to these skyrocketing interest rates...and what kind of impact do we expect it to have moving forward.
If you want to know more about the phoenix housing market and buying, selling, and investing in real estate, make sure you are subscribed to this channel and follow me on all social media platforms at @BigHelperGroup and @MerrillJencks.
Reasons why your home is not selling
Have you listed your home and it's not selling as quickly as you wanted it to? Maybe you keep getting low-ball offers? It's time to consider why that's happening, especially in a hot market like we have today! There are a few reasons why your home might not be selling, watch the video to learn how you can adjust what you're doing to get your home sold!
If you want to learn more about buying and selling real estate, make sure you're subscribed to our channel and follow me on Facebook and Instagram at @bighe
Why you should Pay Attention to Home Values
Home values are on the rise, and if you pay attention to what your specific neighborhood is doing in the market, you can position yourself to make some big moves. Whether or not you have plans to sell your home, it's important to pay attention to the value. Maybe you would consider selling if you found out your home was worth a certain amount of money, or maybe you choose to do a cash-out refinance. Either way, home values should be on every homeowner's radar!
10% Value Increase in 3 months! - March 2022 Phoenix Market Update #76
In this week's edition of Merrill's Monday Market Madness, we take a look at what average prices have been doing in the past couple of months, what kind of an impact the rising interest rates are having, and how do we expect things to change moving forward?
If you like keeping up to date with the housing market in Phoenix, AZ, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @MerrillJencks and @BigHelperGroup!
The affirmation that changed my life ??
I wrote the same affirmation down for 6 months and it changed my life. I wanted to change a part of my business and knew that writing an affirmation every day would play a big part of that success. I know that writing an affirmation might sound hokey, but if you take a chance on it, you might find that it will change your life.
The sky is falling!! ?? Phoenix ???? Housing Market Update
The sky is falling!! In this week's episode of Merrill's Monday Market Madness, we look at the trends in the Phoenix housing market. What impact has skyrocketing interest rates had on the market so far? How are home values being impacted? What can we expect to see if this trend continues?
If you want to stay updated on the Phoenix housing market every month, make sure you're subscribed to this channel. I also post 3 videos a week on tips and tricks for buying, selling, and investing in real estate. Also
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