Real Estate Strategery

Wikipedia says this about the word strategery:  ”strategery” (pronounced /strəˈtiːdʒəri/ strə-TEE-jər-ee) was coined for a Saturday Night Live sketch, which satirized the performances of George W. Bush and Al Gore, two candidates for President of the United States, during the first presidential debate for election year 2000. ^[1]Comedian Will Ferrell played Bush and used the word “strategery” (a mock-Bushism playing on the words “strategic” and common morphological word ending “-ery” or “-ary”), when asked by a mock debate moderator to summarize “the best argument for his campaign”, thus satirizing Bush’s reputation for mispronouncing words.

Of course we all know that when we talk about strategery it is a misspoken word describing the long term action plan to achieve a specific goal. During The Minnesota Real Estate Show on Saturday, May 22nd, the gang will discuss ‘strategery’ for home buyers and home sellers on how to navigate the waters of the post-tax-credit housing market.

Real estate strategery discussion will include pressing questions that are directly related to how the housing market has changed since the expiration of the federal tax credit. Stategeries seen from buyers include: Is there less pressure from the threat of multiple offers on the home I want to buy? Now that there seems to be less financial incentive to purchase, can I ‘low-ball’ an offer on the home I want? Seriously, do I need to be in a hurry to buy a home right now? Seller strategeries include the ever tempting ‘Seller Throw-Down’ with sellers offering all sorts of crazy incentives to make their offer more attractive to buyers. Be careful sellers, there are limits. Speaking of seller limitation, the gang will discuss the guidelines as to how much a seller can contribute to the buyers financing in order to get the deal done.

Tune in to KTLK 100.3 fm from 11am to 12pm on Saturday to hear Carrie Guarrero from MN Home Loan Partners, Ryan O’Neill from The Minnesota Real Estate Team and Scott Wollmering with W/E Team discuss and answer important real estate related questions. A few of the popular housing market questions this week are:

1. How does a property trade work? If I want to trade my property to a builder for his property and I still owe a mortgage, how does that work?

2. If we have a Realtor to sell our home and we are approached by a relative that wants to buy it, do we still have to pay the Realtor his full fee?

3. I’m a first time home buyer that missed the tax credit! Do I have to pay a Realtor a fee to show me houses? Or do they get paid a sales commission from the sale only? If they get paid on the sale, how do I know they’re not just trying to get me to buy something so they can get paid?

What is your strategery going to be? Tune in to listen, call in to ask your questions or share your comments by calling 1-800-396-0406 or email us to get your questions answered.

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