Episode 2: Dreading the RE exam

There are a ton of myths out there and we’ve done our best to address them. The biggies: You do NOT need to be rich to be a homeowner! Nor do you need a ton of cash.

Sherrie has decades of experience in the real estate industry, beginning as an assistant on a real estate team to now being a key leader at Universal Title in Fredericksburg. Along the way, her focus has always been serving the community and the people she loves. Learn how she continually gives back to both her community and her clients every day. If you’re interested in learning more about volunteering at Habitat for Humanity, please plug in your zip code in the search box at the middle of this page. Also, here’s a little more about Pam and Sherrie’s fun “porch closing”

It can be challenging for buyers in a seller’s market. Especially when there is low inventory from which to choose. Some of the latest scenarios that have impacted buying positions and strategies have been around appraisals and home inspections. Pam and Mair will explain these two steps in the process, and talk through what is happening in the current market.

Krista grew up in a small town outside Chicago, Illinois. But she knew that wasn't her future. After college, which was in Peoria, she moved to Chicago, IL, where she spent 20 years enjoying everything about living a downtown life. But as she got older, the process of urban living started wearing on her. The transportation. The clunkiness. The elevators and distance to outside spaces. All these things started tainting the city she used to love. After being married several years, they realized that children weren't possible. The reality set in that their life wasn't going to be what they planned, and they began to rethink their life. When they did, they knew they needed a change. With no guarantees and only a hint of full-time employment, they packed up their cats and dog and prized possessions in their Toyota Matrix and moved from Chicago, Illinois to Richmond, Virginia. The courage that they exhibited in that move, may give them the motivation to do this again one day.

In California, Pam started getting the home bug. She really wanted to start investing in real estate, but everyone knows that the Cali real estate market is one of the most expensive in the United States. This makes for great revenue opportunities for an agent, but Pam wanted to invest. And she didn't have a million to do it. Pam talks about how she moved back to Virginia to be closer to her family, as well as become a real estate investor. And how finding her current home might have just saved her sanity through the pandemic.

You've been listening to us for several episodes, it's about time you knew who we were. We'll start with Pam. Pam Downing grew up on the Eastern Shore of Virginia, which is so small that they had shirts made in high school that said they really do exist. But this small-town girl didn't stay that way for long. She attended Virginia Tech and then moved to Los Angeles, California directly after college. She fell in love with comedy when she worked at the Comedy and Magic Club, and found herself in front of the mic on several instances. Eventually she moved back to Virginia, living in Fredericksburg, then Richmond. She became a real estate agent with Coldwell Banker Elite in Fredericksburg, where she found a home.

Years ago, when her kids were babies, Mair took the real estate exam, and passed it on the first try. She never thought she'd be back in the chair for a second time, but here she is. In this episode, Mair and Pam shed some light on the anxiety real estate agents feel having to take this two-part exam.

First-hand accounts of the current real-estate market as discussed by Mair and Pam, two real estate agents located in Richmond, Virginia. Plus hear Mair’s story about how similar today’s market is to what she experienced in Virginia Beach in the early 2000s. From over asking price to home inspection waivers, her story rings familiar to what is happening today.