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Episode 6 – Interview with Realtor Jay Rebaldo of Rebaldo Realty Group
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In this episode of The Boost, hosts Pablo and Leon sit down with Jay Rebaldo from Rebaldo Realty Group to talk about the world of real estate. Jay shares his journey from building and developing teams in the corporate world to his passion for real estate, which led him to establish his real estate team. Operating within a small team alongside another licensed agent, Jay discusses the unique operations of Rebaldo Realty Group, affiliated with Keller Williams City View. We discuss the state of the San Antonio real estate market. Jay addresses the impact of higher interest rates and observes the market's shift towards a buyer's market, offering valuable insights for both buyers and sellers.
Hosts:
Pablo Calvo: Linkedin
Jay Rebaldo: Facebook
Find Us:
YouTube: https://www.youtube.com/@TheBoostChannel
Website: https://theboost.fm
Getting Into Real Estate:
- Jay's Background: Jay discusses his transition from building and developing teams in the professional world to venturing into real estate.
- Transition to Real Estate: Eight years ago, Jay became more passionate about real estate and decided to build a business in the field due to his experience in sales and investing.
State of the San Antonio Real Estate Market:
- Impact of Higher Interest Rates: Jay discusses the challenges posed by higher interest rates, leading to consumer hesitation, but emphasizes the potential benefits for informed buyers.
- Market Shift: Observations on the market shift towards a buyer's market, evidenced by factors like days on the market and inventory levels.
- Trends: Decline in home sales contrasted with rising home prices; discussion on factors like interest rates and pandemic effects.
Advice for Buyers:
- Importance of Pre-Approval: Jay emphasizes the importance of getting pre-approved for a mortgage before starting the home-buying process.
- Steps in Home Buying: From consultation with a real estate agent to securing financing and navigating the negotiation process, Jay outlines the steps for buyers.
Advice for Sellers:
- Preparation for Listing: Sellers are advised to prepare their homes for listing, including home assessments, repairs, and setting a competitive price.
- Negotiation Process: Jay explains the negotiation process for sellers, including reviewing offers and managing contingencies.
Investment Property Strategies:
- Types of Investments: Discussion on various investment strategies, including buying second homes for rental, flipping properties, and investing in multi-family properties.
- Financial Considerations: Jay emphasizes the importance of assessing cash flow and financial viability when considering investment properties.
Upcoming Event:
- Lunch and Learn Event: Jay invites listeners to a Lunch and Learn event on March 1st at Bell Oaks Community Center, covering topics like buying, selling, and mortgage updates.
- Flyer on the Lunch and Learn Event on March 1st
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