Surviving a Crisis on The Closing Table – Rick Beaudin

On this episode of The Closing Table, we sat down with Rick Beaudin!

To watch the full episode, check it out on YouTube below. In the meantime, here’s a summary of the conversation…

Here’s what you missed from Rick Beaudin…

The conversation starts with some fill in the blanks ice breaker to get to know Rick’s perspectives. As a licensed real estate agent since 1999, he has weathered some challenging times in the industry, including the 2008 housing crisis and the 2020 pandemic. Surviving both of these unfortunate events required a strong work ethic and a willingness to adapt to new circumstances.

Rick shared how during the pandemic, for example, real estate agents in Michigan were deemed non-essential by the governor, but they found ways to work around the restrictions. By utilizing virtual tours through FaceTime and Zoom calls, they were able to show homes to their clients and even sell houses remotely. In his current market in Livingston County, located west of the Detroit area, Rick serves mainly in Brighton and Ann Arbor. The county is easily accessible, and you could reach 80% of Michigan’s population within an hour or so. As the self-proclaimed “Pinckney Pirate,” he has worked hard to establish a strong brand in the area, and it has paid off in terms of business success.

As the president of the Chamber of Commerce of Greater Brighton, Rick is involved in many activities that help promote the local community. One of the most popular events they’ve organized is the Food Truck Friday/Art in the Park. Rick is one of the volunteer organizers of the event, which has become a significant event in the local community. The event features artists from across the country who come to sell their work, and it has also grown to include local entertainers, obstacle courses for children, and more.

Rick is a strong believer in volunteering and helping the community, not just to get business but because he genuinely enjoys it. His passion for volunteering goes back to his time in school when he was involved in student government and organized various activities. Another significant event that influenced his volunteer work was when he lost his father to cancer in 1993, and he got involved in American cancer society fundraising.

Next, the two discussed how Livingston County is known to have the lowest unemployment rate in Michigan. This low unemployment rate is positively correlated with homeownership as many people prefer to live close to where they work. However, the housing demand has outnumbered the housing supply, and the average home is now on the market for 40 days.

The conversation wraps up with Rick explaining the disconnect between people wanting homes and homes not being sold as soon as they used to can be attributed to the fact that not every house is perfect, and different motivations drive home sellers. On top of that, buyers are more selective and won’t settle for a home just because it’s available.

Check out Rick Beaudin:

https://www.facebook.com/RickMBeaudin

https://www.facebook.com/profile.php?id=100063498014238

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