Real Estate News Radio with Rowena Patton

Sabre Cofer - Amarillo Texas with the price drops - let us help you!

Rowena Patton

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Explore the tumultuous world of Texas real estate with our insightful guest, Sabra Kofra. As a dedicated cash CPO expert, Sabra offers a behind-the-scenes look at the challenges homeowners face in the wake of the COVID-19 pandemic, including dealing with job relocations and the aftermath of natural disasters. Discover how she supports homeowners grappling with the emotional and financial strain of foreclosures, short sales, and refinancing. Sabra shares her compassionate approach, emphasizing early intervention and personalized assistance to help individuals navigate these uncertain times.

Join us as Sabra opens up about the unique hurdles Texas homeowners encounter, from stagnant market conditions to skyrocketing insurance costs. Her philosophy of prioritizing client well-being over mere transactions shines through, as she provides practical advice and reassurance to those feeling overwhelmed. Whether it's helping clients find the right buyer or guiding them through a complicated refinance, Sabra’s dedication to improving lives stands out in today’s volatile real estate market. Gain valuable insights into how emotional intelligence and effective communication can make all the difference for anyone looking to buy, sell, or simply understand their housing options better.
Speaker 1:

So we have Sabra Kofra on the line, who is from Texas. Sabra, talk about your market and what's going on in your market, the pricing there because I know that Texas has gone through some real price drops and just what's going on generally, and how are you helping people through those difficult times.

Speaker 2:

Well, it's been really tough, actually since COVID Market really slowed down. This year has been actually since COVID Market really slowed down. This year has been very, very slow. I have seller, you know, but lots of people needing to sell their house because it, you know, possibly job relocations, things like that. You know they're ready to make a move or they need to downsize because things have gotten too expensive and the houses are sitting on the market. So we're having to drop prices, trying to get that buyer. And you know we thought it was interest rates. We had that little bit of a drop, had a few buyers come out, it wasn't dramatic. But now, since the election's over, we're starting to see an influx of buyers. So I think now it's going to pick up.

Speaker 2:

I think that was more important because people were so anxious, you know, about what's going to happen, you know, and it's like, hey, you're still going to need a place to live. So, no matter how you feel about it, and we're seeing that. So this is definitely helping people are coming out. But we're also seeing that you know there's been a number of short sales, there's foreclosures, and we're trying to let people know that, hey, we're here to help you, you know, just talk to us. It's nothing to be ashamed about. Life happens and it's been rough. Covid was rough. This has been rough since COVID. People have lost people and they've lost jobs. I mean it's just. I mean there's been and, like you were talking about, there's been natural disasters that have run people. We had, you know, fires up here in the Texas, panhandle and and, of course, with all the hurricanes and everything you know, insurance has doubled and tripled. And we're just trying to let people know, let us help you before you lose the house. Just talk to us, let's see what we can do, because there's a good chance we can help you.

Speaker 2:

And it's whenever they're hiding it and you lose the house and then you're going whoa, wait a minute, what do you mean? You're losing your house next week, you know, and you're scrambling to try and find somebody to pick up that note and say, yeah, the other thing that I have found and I've had this happen with a couple of people is we list the house. It doesn't sell, and so we're sitting on the market because there's, I mean, buyers aren't even looking at anything, and then so you know, they're kind of nervous about it and it's like, hey, just trust. You know you gotta trust God before you are. That's just how I feel about it.

Speaker 2:

And then we come up and they're like, you know, I mean we've been on the market for six months, eight months, right. And they're like, okay, um, what will you charge me to get out of my listing? And I'll go, oh, I'm not going to charge you anything. But what's going on? And they're like, well, I think now I might be able to refinance and keep my house. Well, they never told me that. They really didn't want to sell. It just became so unaffordable with all the inflation. And so now we're trying to help some people get you know, do the refi. So, really just letting people know that, hey, what is your situation, what's going on in your life, how can we help you? Because we're not just here to sell a house and help you buy a house. We're here to help you solve the problems, to make your life better, for whatever it is you need. And want.

Speaker 1:

I love that, and so anybody in this network. So Sabra is a cash CPO expert. Talk a little bit about where you are, Sabra, and what's special about your area.

Speaker 2:

We're in the little box at the top and we service the Ho Texas Panhandle very conservative area and our cost of living probably is less than just about anywhere else in Texas and most parts of the country and we have a lot of land and it's and everybody has this idea that it's just black and boring. No, we have the second largest canyon in the United States, polar Dirt Canyon, next to the Grand Canyon. I didn't get it, it's beautiful. Oh, sometime you got to come out. It's absolutely beautiful.

Speaker 2:

They have the show called Texas that runs from May through middle of August and it's a play. It's wonderful and they tell the story about the Texas Panhandle and Charles Goodnight and you know a little Wild West there, but it's a beautiful country. You have a lot of ranch, a lot of ranchers, lots of cattle, you have farmland and when you drive across the Panhandle it really is beautiful. We don't have a lot of trees so we don't like to cut down trees and because there are kind of rare things, we're in the fall right to cut down trees and because there are kind of rare things.

Speaker 1:

So many people are moving to Texas for obvious reasons. Yes, and I love what you said, sabra. I just want to hone in on that because any great agent don't be embarrassed, don't be ashamed. I know that's hard to say, especially if you've never faced, you know, not being able to afford your house before Things happen People get sick, people lose their jobs or insurance doubles because something that's happened so important. Guys, we're people, right, and the good agents will really help you through this. Just be honest, because those of us who are good agents are also a very smart business person, right, so we can help you strategize through this.

Speaker 1:

If you just can't afford the house, oh my gosh, I've had these things. I've been to before where, um, the, the uh, the couple couldn't afford the house. On no, forget this one. I helped the lady. She was selling some kind of supplements. I helped to do social media and build up her business. He was in construction. This is years ago. He was in construction. I got him out there and got him lots of construction work. I got her helping to uh set up her business in in supplements so that they didn't have to sell the house and like what is this? This is crazy. You're a listing agent. That's why you make your money. I'm like, listen, you're going to be talking about me forever and a day in this market because I helped you not lose your house. That's who we are, guys. So if you've got a house to sell and you've got something going on, touch base with us, because we've got 19 different ways to help you resolve this. So thank you so much for that, sabra.

Speaker 2:

Absolutely. I will tell you, since this summer I've helped three people stay in their home that thought they wanted to sell. You know they say that your, your house you live in, is not an asset. Sometimes it is, and when that person sells, you know it looks like they're going to have a lot of money in their pocket, but your money doesn't go very far.

Speaker 2:

And so we had to revisit that. And I had one last night. They called and they were so sad. They said we love you, we love you so much and we don't want to hurt you, but we don't feel like we can afford to sell and buy that house, even though we love it. And I told him I said this isn't about me, this is about you. And I said that's why I said why don't you spend a little bit of time and really pray about this before we jump in Right? Pray about this before we jump in Right, because we want to make sure it's the right thing. I mean, they're in their 70s and they're fixing to put themselves in a position that he'll never retire. And it was like why would you do that?

Speaker 1:

Yes, Listen to her heart. People, this is who we are in this network. We won't work with other agents. We can find you someone everywhere. You've heard today from New Jersey. You've heard from Texas. You've heard from the west coast of Florida. You've heard from Joey in California. This is who those agents are. Go to cashcpocom, click on find agent and we've got one there for you in Canada as well. We've got Canadian agents out there now.

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