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Burgan Real Estate Blog

Burgan Real Estate Blog

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Awards | 9 Posts
New Agents | 59 Posts
News | 95 Posts
YCAR | 15 Posts
May
9

I'm talking about selling houses, people.  Where are your minds?

Being in a "seller's market" does not make everyone a licensed REALTOR®.  More and more people are rolling the dice at trying to sell their home on their own, otherwise known as FOR SALE BY OWNER or FSBO.  Instead of working with a REALTOR®, sellers think their house will be sold as soon as it goes onto the market given the current conditions, avoiding the commission fees associated with the value and peace of mind a REALTOR® brings to the selling experience.  However, like most things you think you can do on your own, selling your house is better for you when you choose to list with a REALTOR®, especially financially.  

Look, I get it.  Everyone is trying to either find ways to save money or make more.  From cryptocurrency to side jobs from your current careers, I'...

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May
4

May is Military Appreciation Month and Burgan Real Estate is proud to announce that 24 of their current agents are now certified for Military on the Move® and LeadingRE Heroes®. Military on the Move® offers current and previous U.S. military service members rebates and/or credits on either a home sale or purchase.  The program is only offered to select brokerages across the country who are distinguished members of the Leading Real Estate Companies of the World®.  Burgan is one of the only brokerages in Northeast Ohio offering this "thank you" to those who have fought bravely to protect and defend our country. 

Certified Military on the Move® Burgan Real Estate agents include:

  • Josh Allen

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April
25

Buyers are always looking for a way to connect with a seller, especially in today's market where bidding wars are happening with almost every home as soon as it goes on the market.  From Facebook connections to 6-degrees of separation, buyers go to great lengths to find a reason for the seller to choose their bid.  One growing fad to entice sellers to choose their bid on the home is by writing "love letters."  Look, these things never worked for me in high school, and I don't recommend them to home buyers today.  While these letters from the heart may seem harmless, trust me, they can open you up to potential problems that you could not have seen coming.   

I know what you're thinking, "Patrick, how could a letter be so bad?"

Technically, the letter is not the issue.  The problem lies in the information that is put into the swooning stanzas of these l...

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April
20

Youngstown State University Williamson College of Business Administration awarded the annual John Burgan Entrepreneurship Award to senior student, Andrew Boyer.  The $2,400 award, established by Patrick Burgan in honor of his father, John Burgan, was awarded to Boyer, a Computer-Digital-Electrical Engineering major, to help continue his start-up lighting, sound, and networking technology business.  Boyer was selected from all eligible entries and proposals from YSU students who are aspiring entrepreneurs with established solutions or businesses they currently offer while in school.  For the first time since the award was created in 2019, a $500 honorable mention award was presented to Annabelle Himes.

"The second year of the John Burgan Entrepreneurship Award brought more interest this year from YSU students looking to make their dreams of owning and growing their own business a reality," said Patrick...

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April
11

15 years ago, the housing market crashed, causing a worldwide recession.  While that history is in our not-so-distant past, many are correlating the same things we are seeing in our current market conditions as a reason to push the panic button.  Above list price sales, new construction delays, and low-interest rates point towards a Hindenburg-type crash but listen to Patrick and just, "Relax."  While today's market cannot sustain itself, a crash equivalent to 2006 is unlikely, and here's a few reasons to help you remove the paper bag from your face.  

LACK OF LOOSEY GOOSEY LENDING STANDARDS
While money is cheap right now, lenders are not embracing the "anyone can get a loan" practices from 15 years ago.  The practices that ultimately brought down banks and mortgage companies are not being leveraged in today's market.  Standards for lending...

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