WEBVTT 1 00:00:00.440 --> 00:00:05.080 You're listening to the John and Heidi Show Bonus Hour. If you miss any 2 00:00:05.080 --> 00:00:09.359 of the program, you can find a podcast at the bottom of the page 3 00:00:09.400 --> 00:00:13.439 at Johnny radio dot com. Thank you for listening to the John at Heidi 4 00:00:13.519 --> 00:00:17.920 Show Bonus Our. Excited to have Brent Baker in the studio here in just 5 00:00:17.960 --> 00:00:21.120 a moment. We're gonna be chatting with him for a little real estate update. 6 00:00:21.280 --> 00:00:26.559 Gonna finish a list we started last week. Got the top ten myths. 7 00:00:26.559 --> 00:00:29.839 I believe it was about buying. I don't remember, but we're gonna 8 00:00:29.879 --> 00:00:32.920 finish it. I've got the notes here somewhere, and we're going to finish 9 00:00:32.920 --> 00:00:36.119 that when Brent gets here. Also, I want to remind you to put 10 00:00:36.159 --> 00:00:40.240 some things on your calendar for later this week. We've got on Friday, 11 00:00:40.840 --> 00:00:45.560 Union Gospel Mission Rock the Block. The first half is painting and clean up 12 00:00:45.640 --> 00:00:49.119 in that neighborhood, and they're gonna be going out to households in the area 13 00:00:49.200 --> 00:00:52.119 helping folks out. I think that's really really cool. And if you're going, 14 00:00:52.159 --> 00:00:55.600 hey, I would like to help. On Saturday, reach out to 15 00:00:55.600 --> 00:00:59.240 the Union Gospel Mission this week we're gonna be talking to them. We chatted 16 00:00:59.280 --> 00:01:00.840 a couple of weeks ago go with Ellie, but we're gonna be talking with 17 00:01:00.880 --> 00:01:04.359 them again this week about this event and other fun things that are coming up, 18 00:01:04.400 --> 00:01:07.959 So be listening for that later in the week, but make plans this 19 00:01:08.000 --> 00:01:11.319 week for the Rock the Block again. The painting and cleanup is Saturday, 20 00:01:11.560 --> 00:01:15.879 and Rock the Block Block party is this Sunday. Also, I want to 21 00:01:15.879 --> 00:01:21.760 remind you this Saturday night, we've got an anniversary to celebrate in a big, 22 00:01:21.760 --> 00:01:26.159 big way at Grand Falls Casino and Golf Resort. They've got a beautiful 23 00:01:26.200 --> 00:01:30.680 fireworks show they do every year for their anniversary that is this Saturday night. 24 00:01:30.719 --> 00:01:34.680 I encourage you to join us at Grand Falls Casino and Golf Resort Saturday Night 25 00:01:34.719 --> 00:01:38.519 for so much fun. And then this Sunday the All Ford Car Show. 26 00:01:38.560 --> 00:01:42.280 The Seoue Empire Forward Club puts this on every year and we've been very blessed 27 00:01:42.319 --> 00:01:45.799 to be invited to be a part of this every year for the last I 28 00:01:45.840 --> 00:01:48.879 don't know about a decade, I suppose. And I'll be there with some 29 00:01:48.959 --> 00:01:53.000 music and we'll be their broadcasting and then we'll snapping photos and posting them to 30 00:01:53.040 --> 00:01:57.239 our Facebook page. It's a really fun event. It's free admission to come 31 00:01:57.280 --> 00:02:00.239 and join us. This will be right at Sioux Falls and that is on 32 00:02:00.319 --> 00:02:05.040 twenty sixth Street West, twenty sixth and sou Falls. And again it's the 33 00:02:05.120 --> 00:02:07.800 all Forward Card show. That is this Sunday, this coming Sunday. I'll 34 00:02:07.800 --> 00:02:10.599 make sure I post all this stuff online as well. But busy week, 35 00:02:10.639 --> 00:02:13.879 a lot of fun stuff to do, So if you get a chance, 36 00:02:13.919 --> 00:02:15.960 get out and join us. And again I'll be talking to folks about all 37 00:02:16.000 --> 00:02:19.360 of these things throughout this week, but I wanted to give you a little 38 00:02:19.360 --> 00:02:21.960 heads up so you could throw them on the calendar. Now coming up in 39 00:02:22.000 --> 00:02:25.479 a moment, we'll chat with Brent Baker with clients first Group and again get 40 00:02:25.319 --> 00:02:30.159 a real estate update from Brent on the way. What a year with prices 41 00:02:30.199 --> 00:02:34.719 on everything going up. It's more important than ever to have a better credit 42 00:02:34.759 --> 00:02:38.000 card. Some people use a credit card that's not a very good one. 43 00:02:38.120 --> 00:02:42.120 At better credit cards dot Com, we offer a variety of credit card options 44 00:02:42.199 --> 00:02:45.719 to fit your needs. Whether you want a card to give you cash back 45 00:02:45.879 --> 00:02:49.400 or points and perks, or a credit card to help you build your credit, 46 00:02:49.560 --> 00:02:53.280 we probably have it ad Better credit cards dot Com. Give yourself a 47 00:02:53.319 --> 00:02:58.159 little credit better credit cards dot com. That's better credit cards dot Com. 48 00:02:58.439 --> 00:03:01.120 Thanks for listening to the John and I Show. We've got Brent Baker joining 49 00:03:01.240 --> 00:03:06.599 us from Client's First Group and Keller Williams Realty. And last week we talked 50 00:03:06.599 --> 00:03:10.719 about ten myths clients believe about the current market. But we got the through 51 00:03:10.759 --> 00:03:15.280 the first five, No seller preparation is needed. Number two was I can 52 00:03:15.280 --> 00:03:20.240 still ask whatever price I want. Number three, we can still use multiple 53 00:03:20.280 --> 00:03:23.280 offers to our advantage. Number four selling as is as easy peasy, and 54 00:03:23.439 --> 00:03:28.639 number five no contingencies. So what is myth? Number six? Brent, 55 00:03:30.000 --> 00:03:32.759 Well, as a buyer, I'll wait until the prices come down. Well 56 00:03:32.759 --> 00:03:37.800 what if they never come down? Well, look at long term history. 57 00:03:37.960 --> 00:03:44.680 Yeah, as the number ever shrunk only once, Yeah, and only once 58 00:03:44.719 --> 00:03:47.719 in our lifetimes, and it was only brief. Yeah, and it started 59 00:03:47.719 --> 00:03:53.719 coming right back up. And you need to remember that shelter can't be avoided. 60 00:03:53.879 --> 00:03:58.319 No, So if you think you're going to just keep renting till prices 61 00:03:58.319 --> 00:04:01.240 comes down, you'll probably can tinue to rent the rest of your life because 62 00:04:01.759 --> 00:04:08.159 you can pay your mortgage or you can pay their mortgage. Yeah. Absolutely, 63 00:04:08.240 --> 00:04:14.960 what's myth? Number seven? The real estate market is going to crash. 64 00:04:15.000 --> 00:04:16.639 There are probably some people who think that all the time. But there 65 00:04:16.639 --> 00:04:21.920 are some people who always think negative thoughts their glass half empty people. Well, 66 00:04:23.800 --> 00:04:27.720 and it sounds a little rude when I say, so what, Yeah, 67 00:04:27.959 --> 00:04:31.600 so the market crashes, what was your money doing before you bought a 68 00:04:31.639 --> 00:04:38.839 house? Yeah? And how much of that was really your money? But 69 00:04:38.959 --> 00:04:44.519 you still need shelter. Yeah, And the market has retracted so few times, 70 00:04:44.519 --> 00:04:47.600 and a lot of people have sat on the sidelines thinking there's going to 71 00:04:47.639 --> 00:04:53.959 be a change, and they forever sit on the sideline. Yeah. Absolutely, 72 00:04:54.399 --> 00:04:58.120 And if you need to look any further for advice on that type of 73 00:04:58.160 --> 00:05:02.240 market, look to the really big investors, the Warren Buffetts, Charlie Mungers 74 00:05:02.279 --> 00:05:05.920 and people in their category. Yeah, big investors never try to time the 75 00:05:05.959 --> 00:05:11.079 market. They're looking at is this a value? Do I have the money? 76 00:05:11.279 --> 00:05:15.240 And is this a value? They never try to time the market. 77 00:05:15.319 --> 00:05:19.279 So buyer myth number eight. The only way to get a house today through 78 00:05:19.319 --> 00:05:24.519 the listing agent is that's a great concept, and I hear it once in 79 00:05:24.560 --> 00:05:27.959 a while, and not that it can't be done, but remember this, 80 00:05:28.240 --> 00:05:33.480 the listing agent has a contract with that seller. They represent the seller. 81 00:05:33.720 --> 00:05:39.600 Yes, in South Dakota, an agent can represent both parties. However, 82 00:05:39.639 --> 00:05:44.480 they cannot put at one at a disadvantage to together by anything they do or 83 00:05:44.519 --> 00:05:47.199 say. You're going to see it at the same time, whether it's coming 84 00:05:47.199 --> 00:05:51.040 through your buyer agents portal or yours. So do yourself favor and get your 85 00:05:51.040 --> 00:05:56.480 own representation, especially when it comes to inspections. So you've got somebody representing 86 00:05:56.560 --> 00:06:00.560 you when they've got somebody representing them. Correct. I like that. What 87 00:06:00.759 --> 00:06:05.000 is buyer myth number nine? I can lowball. I'll tell you if I've 88 00:06:05.000 --> 00:06:09.959 watched this over and over and I've had this conversation. If somebody comes in 89 00:06:10.040 --> 00:06:14.959 lowballs your used car, you're not going to take that very badly. You'll 90 00:06:14.959 --> 00:06:18.360 just say no, I'm good. Yeah. But if somebody lowballs the place 91 00:06:18.399 --> 00:06:26.000 where you've had birthday parties for your children, grandchildren, there is a very 92 00:06:26.279 --> 00:06:30.839 personal connection. Yeah, and so there tends to be a lot of pushback 93 00:06:30.959 --> 00:06:32.959 and you'll probably end up paying more for it than if you'd just been a 94 00:06:33.000 --> 00:06:38.240 reasonable offer right out of the gate. I could see that. And finally, 95 00:06:38.639 --> 00:06:43.120 buyer myth number ten. Some people think it's better to buy off market, 96 00:06:43.800 --> 00:06:48.839 and sometimes it is whoever, realize you have to motivate that seller. 97 00:06:49.680 --> 00:06:55.319 You have to give them a reason, and so you may may not fare 98 00:06:55.399 --> 00:06:59.600 any better trying to buy an off market property simply because you have to entice 99 00:06:59.600 --> 00:07:02.240 that person to want to move and you've got to make it worth their while. 100 00:07:02.600 --> 00:07:05.360 Yeah, otherwise they can go on the market and get hopefully get a 101 00:07:05.360 --> 00:07:10.759 bidding war. Absolutely, if somebody listening, whether they're in the market to 102 00:07:10.800 --> 00:07:13.839 buy a home or if they're in the market to sell a home and they 103 00:07:13.879 --> 00:07:16.639 need some somebody awesome to represent them, I recommend Brent Baker, who's in 104 00:07:16.639 --> 00:07:18.399 the studio with us right now. How do they reach out to you, 105 00:07:18.439 --> 00:07:24.199 Brent to have you on their team. Call me at six zero five three 106 00:07:24.319 --> 00:07:30.600 one zero zero two ninety seven or Brent Baker at kW dot com. Very 107 00:07:30.680 --> 00:07:33.160 nice, Thank you for coming in, sir. It's always a pleasure. 108 00:07:33.199 --> 00:07:38.399 John Again, Brent Baker, and you can find them online at clients FirstGroup 109 00:07:38.560 --> 00:07:41.879 dot com. Did you know you can allocate a percentage of your IRA to 110 00:07:41.959 --> 00:07:46.040 physical gold and silver with a tax free rollover, you can put your IRA 111 00:07:46.279 --> 00:07:49.680 back on the gold standard. Genesis Gold IRA is the only IRA that can 112 00:07:49.720 --> 00:07:54.680 hold physical precious medals. Call now for your free gold and Silver report and 113 00:07:54.759 --> 00:07:58.680 learn how to qualify for up to ten thousand dollars in free silver Genesis goold 114 00:07:58.759 --> 00:08:01.519 ira dot com. But to help protect your IRA today with a simple phone 115 00:08:01.519 --> 00:08:05.759 goal. Learn more and get the phone number at Genesis goold ira dot com. 116 00:08:05.800 --> 00:08:11.480 That's Genesis, goold ira dot com. Time now for this day in 117 00:08:11.560 --> 00:08:15.079 Sue Falls History, brought to you by the Sue Falls Fund Page and Sunny 118 00:08:15.160 --> 00:08:18.720 ninety three point three. It was on this day, June fifth, nineteen 119 00:08:18.839 --> 00:08:24.199 sixty four, the NAIA Track and Field National Championship kicked off at Howard Wood 120 00:08:24.279 --> 00:08:28.079 Stadium. They actually held the champion Track and Field Meet in Sue Falls for 121 00:08:28.160 --> 00:08:31.519 ten years from nineteen fifty eight till nineteen sixty seven. Each year we would 122 00:08:31.519 --> 00:08:37.039 see world class athletes descend on Sue Falls and assault the record books. Year 123 00:08:37.120 --> 00:08:39.600 in and year out, Collegiate, national, and even a few world records 124 00:08:39.639 --> 00:08:43.600 were broken right here in Sioux Falls. We would also play host to special 125 00:08:43.639 --> 00:08:48.039 guests and athletes of national fame like Jesse Owens, Wilma Rudolph, and Billy 126 00:08:48.120 --> 00:08:52.600 Mills. During these amazing events. Due in large part to the naia's unprecedented 127 00:08:52.639 --> 00:08:58.639 acceptance of historically black colleges into their membership. During the nineteen sixties, the 128 00:08:58.720 --> 00:09:03.200 association saw out standing athletes who were being passed up by bigger colleges due to 129 00:09:03.240 --> 00:09:07.240 the color of their skin. Those athletes use the beautiful grounds of the brand 130 00:09:07.320 --> 00:09:11.159 new Howardwood Stadium to prove just how deserving they were, and Sue Fall citizens 131 00:09:11.240 --> 00:09:16.840 literally got a front row seat to history. This day in Sue Fall's history 132 00:09:16.919 --> 00:09:20.399 has been brought to you by Sue Falls, funpage dot com and Sunny ninety 133 00:09:20.399 --> 00:09:24.080 three point three. How much do you pay for your cell phone every month? 134 00:09:24.159 --> 00:09:28.240 If it's more than fifteen bucks, it's time for a mintervention. Mintmobile 135 00:09:28.360 --> 00:09:31.480 makes it affordable and easy to switch, get a new phone, or bring 136 00:09:31.480 --> 00:09:35.840 in your current phone. iPhones and Samsung phones both work well with Mintmobile. 137 00:09:37.000 --> 00:09:41.279 At mintervention dot com you can see the current special offers from Mintmobile, offering 138 00:09:41.360 --> 00:09:45.679 premium wireless for just fifteen dollars a month. That's far less than most people 139 00:09:45.679 --> 00:09:50.399 are paying just fifteen dollars a month. Learn more now at mintervention dot com. 140 00:09:50.440 --> 00:09:54.639 That's mintervention dot com. Here's your market be minute four Monday June fifth, 141 00:09:54.679 --> 00:10:00.639 brought to you by Genesis Gooldira dot com. The SMP five h rallied 142 00:10:00.679 --> 00:10:03.919 Friday afternoons hit the Street that a debt ceiling resolution passed. The next move 143 00:10:05.080 --> 00:10:07.240 is for the President to sign an into law, which is expected to come 144 00:10:07.320 --> 00:10:11.679 before the US to faults. The S and P five hundred gained more than 145 00:10:11.759 --> 00:10:13.879 one point five percent at the high of the session and is on track to 146 00:10:13.960 --> 00:10:18.679 break a critical resistance level. That level is a forty three hundred level, 147 00:10:18.679 --> 00:10:22.360 which has capped the market for over a year. There isn't much news expected 148 00:10:22.399 --> 00:10:26.240 in the coming week. The economic calendar is nearly void of releases, and 149 00:10:26.360 --> 00:10:30.759 a few earnings reports will not move the market. 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