Real Estate Archives - High Performance Real Estate Advisors

Win a Grill for You & Your Father Figure

We’re really excited to let you know about our upcoming Father’s Day giveaway. We’ll be giving away two brand new Blackstone Flat-top Grills to you and a father figure who had a big impact on your life. 

The giveaway closes on Sunday, June 12th with the winner to be announced on Tuesday, June 14th. All you have to do is call (704) 594-8005 and nominate your father figure for both of you to win a grill. 

There are a few other ways that you can get up to five extra entries into the drawing. To hear more information about that, or if you have any other questions, don’t hesitate to reach out to us by phone or email. We look forward to hearing from you.

Open House vs. Mega Open House

The difference between a regular open house and our mega open houses.

We often receive questions about the difference between our mega open house event and a regular open house. We do things differently than our competition, which is why we get better results.

After we’ve signed the paperwork, agreed to a pricing strategy that works for you, and agreed on a commission that’s fair for everyone, we decide on a Wednesday listing date. Then we list the property in the MLS, but we don’t allow anybody inside until Saturday at noon. You’ll have a line down the sidewalk of 120 people waiting to get into your property. Then we allow them in, and they sign the guest book with their name, number, and email. At 2 p.m., we shut the door and ask for everyone’s highest and best offers to be submitted by Monday at 5 p.m.

“We do things differently than our competition.”

We recently listed a property that got 12 offers and sold for $75,000 over asking price. It did so well because of the pent-up demand from when everyone was standing in line to get into the home. 

If you’re looking to create a bidding war and get more than you could ever imagine for your property, give us a chance. For more information visit our website, and reach out to us by phone or email with any questions. We look forward to hearing from you.

Why It’s Still a Fantastic Time To Buy a Home

You shouldn’t put off your home-buying plans in this market.

Did you know that the average homeowner today has over $300,000 in net worth? Did you know that the average net worth of a renter is just $8,000?

Despite what you may have heard, now is still the best time to buy. All the metrics continue to show that owning a home is cheaper than renting over the long term.

If you’re hesitant to buy because there are so few homes for sale, you won’t have that problem working with High Performance Real Estate Advisors. We have an exclusive catalog of off-market homes that we can show to our buyers. If you work with us to buy a home, we’ll be able to show you these homes before they hit the MLS.

“Owning a home is still cheaper than renting in the long run.”

If you don’t have the cash to make a competitive offer, no problem. We have lenders who are willing to represent you with a cash offer; then, they will do the paperwork after to make sure your name is attached to the home. If you want to learn more about this, check us out at highperformancerealestate.com.

If you have any questions for us about buying, selling, or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

Optimist Hall Is a Must-Visit

Today I want to highlight one of my favorite places to eat in the Charlotte area that’s sure to have something you like, whatever you’re into: Optimist Hall.

Located just past Uptown near North Davidson, Optimist Hall is the Charlotte area’s newest and largest food hall, with fantastic indoor and outdoor seating and complimentary Wi-Fi. It’s a great place to focus yourself on the work week ahead or gather with friends for happy hour or brunch.

Optimist Hall has 21 different food and drink stalls with every type of food you or your family could ever imagine. If you’re obsessed with sushi but the rest of your family isn’t, don’t worry—here, you can get some of the best sushi around while your family visits the taco stalls. 

If you’re trying to find a quiet place to work, you can start your day by coming here when Undercurrent Coffee opens at 7 a.m. Then you can work hard until lunch and come and take a well-deserved break with some delicious Mexican food and duckpin bowling at el Thrifty. (el Thrifty is where our company had our Christmas party last year, and I have to say that it was awesome. They had golf simulators, basketball, shuffleboard, and even Pong!) Then you can finish your day strong before clocking out at five to enjoy a local North Carolina beer from Fonta Flora or a fancy cocktail at Billy Sunday’s.

Optimist Hall has it all.

If for some crazy reason you decided to eat before you came here, you can work up an appetite by checking out some of the local vendors who aren’t focused on food. For example, there’s a beautiful paper store called Archer Paper Goods that can inspire anyone to pick up journaling, or at least give you a good chuckle while browning their hand-printed cards section. Also, be sure to check out the latest addition to Optimist Hall, Paradisio, which is a plant paradise for anyone who has or aspires to have a green thumb.

As you can see, Optimist Hall has it all. I personally love coming here; I make a stop at least once a week, and I highly recommend that you check it out.

If you have any questions about real estate, don’t hesitate to reach out to us. We’d love to help you. Happy Thanksgiving!

How To Live Essentially Mortgage-Free

How to live mortgage-free while building wealth by house-hacking.

House-hacking is how I ended up getting into real estate in 2002. The first home I bought was a three-bedroom, two-bathroom home. I got a 30-year mortgage on it and I rented out two of the rooms. I had $1,200 per month coming in, which offset my mortgage. I was essentially living for free.

It was a little difficult having roommates, but was it worth it because I was able to claim that $14,000 of extra income I was getting per year on my taxes. Then I went to the bank and they approved me for more properties. I ended up buying four more homes and renting them out as well.

There are different types of house-hacking. You could buy a duplex , rent out one of the units, and live in the other, for example. You could also buy a two-acre property,  build another house on the land, and rent that out to offset the mortgage.

If you’d like to know more about how house-hacking works and want to do a no-obligation consultation, please reach out to us. We’re also here to answer any real estate-related questions that you might have.

How Do iBuyers Operate

Here’s what homeowners should know before selling to iBuyers.

The term “iBuyer” stands for “instant buyer,” and they use data and algorithms to tell you what your home is worth and make a cash offer based on that figure. There are lots of them out there in the Charlotte area, so I just wanted to quickly take you through how these companies operate.

Let’s say you’re ready to sell your home for $300,000. You call up an iBuyer, tell them your price, and they’ll send you a contract with that exact price. They’ll get you to sign it, they’ll sign it, and then there’s some confusion about what takes place after that.

“We can help you in the same way that these iBuyers do, but better.”

The iBuyer will come to your property, bring inspectors, and go through it with a fine-toothed comb. They’ll uncover anything and everything wrong with the home while also charging a 10% fee. By the time you get your final bill back, you’re only going to sell for $220,000 to $240,000, not the $300,000 you were promised.

We can help you in the same way that these iBuyers do, but better. We are working with families who are willing to pay your price for your home without pulling the wool over your eyes. We’d love to meet to show you what you could net at the closing table by choosing to sell with us over an iBuyer.

If you have questions for us about this topic or anything else related to real estate, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.