Stop Leaving Thousands on the Real Estate Table (with Tracy McLaughlin)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 8 June 2020

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Your boss offers you a several thousand dollar raise, do you turn it down? Probably not! Yet, one of California's top real estate agents says that home buyers and sellers both regularly leave thousands of dollars off the table. That's why today we're talking about better real estate transactions with Marin County, California's top real estate pro, Tracy McLaughlin. She'll share strategies from her new book, Real Estate Rescue, for staging, updating, and pricing a house so that it sells both for more money and more quickly.

We're also diving into why financial advisors are losing faith in planning software tools. With plenty of highly-rated software on the market, should you be worried that your advisor is disregarding fintech? We'll jump into the "why" during our headlines AND cover why so many Americans had to dip into their retirement funds during the pandemic.

Plus, could refinancing your home loan actually end up costing you more in the long run? During our Haven Life Line we'll answer a question from Niranjan, who heard on the show that because of the way amortization tables are structured, it might not always be a good idea to refinance a mortgage. He asks us to explain this a bit more in detail, and of course, Joe and OG oblige. During the segment, we'll explain financing, interest rates, amortization tables, and more.

We'll also carve out some time for some of Doug (who seems to be acting a little suspicious today... more on that later) and his trivia.

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Transcript

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0:00.0	30 seconds to hair.
0:02.0	What do you look at flowers? The Sono's taste. Where's that tape? Where's that tape? Do you want to have the promo for the show now? Wait, where's the Fiji water? Is this, this isn't, is this tap water? 15 seconds. Can somebody get the cat? I can't drink tap water. Can someone tell Joe's mom to stop back? It's not hard to find. to find this beat.
0:23.0	Has anybody seen my hair gel? Somebody get the cat. I can't drink tap. Grab the cat. Can someone tell Joe's mom to stop vacuum?
0:21.6	It's not hard to find.
0:22.4	Does anybody see my hair gel?
0:24.7	Tish in water, natural.
0:27.6	Quiet on the set.
0:28.9	Live in three, two.
0:36.6	Live from Joe's mom's basement, it's the Stacking Benjamin show.
0:45.6	I'm Joe's mom's neighbor, Doug, and what home is in your future? We'll talk about how millions of people are leaving hundreds of thousands of dollars behind when buying or selling their house with Marin County, California's top real estate pro, Tracy McLaughlin.
1:07.0	Plus, are great charts and graphs a necessity for an advisor to serve you well?
1:12.0	We'll keep it futuristic while we discuss advisors, technology, and your planning in our headline segment.
1:18.7	And we're going to really need to wind up the old pitching arm today because we're tossing the Haven Lifeline all the way over to Mumbai, India India for Naranjan, who has a question about refinancing.
1:30.3	And, of course, I'll also save time for some of my incredible, or should I say, amazing.
1:36.3	Now, maybe awesome.
1:38.3	Yeah, that's the right word, awesome trivia.
1:40.7	And now, two guys I've had my eye on for years now, Joe and oh,
1:46.8	Jujit, Juj, Jee.
1:58.9	Welcome to Monday.
2:02.3	Yes, you made it.
2:04.8	And we're here to greet you on the other side.
2:06.5	Welcome to a brand new week.
	...

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