Why Do You Prefer Local Lenders And Multi-Generational Homes? – Meghan Zoll
On this episode of The Closing Table, we sat down with Meghan Zoll!
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 Meghan Zoll…
The conversation began with Meghan presenting herself as more than just a real estate professional. She shares her personal side, revealing that she’s a mother to two girls and two dogs. Meghan also has a passion for travel and running and loves living in Livingston County.
Transitioning into her real estate career, Meghan briefly describes her professional background. She mentions that she’s been licensed for nearly five years and operates as a solo agent, a less common approach in the industry. While she occasionally receives support from staff, she primarily handles her responsibilities independently. Meghan proudly mentions her involvement in the leadership committee at her Keller Williams office and her achievement of being in the top 20% of the office. She’s also active within the local association and obtained her broker’s license just last year.
Meghan proceeds to give insights into her current real estate market. Her primary areas of operation include Livingston County and Metro Detroit, extending to about an hour’s drive from Brighton. She appreciates Livingston County for its unique blend of a country atmosphere with the convenience of city life. Meghan notes that in her market, the average purchase price hovers around $385,000. She emphasizes the overall appeal of Michigan, citing the presence of numerous attractive cities in the vicinity.
In a recent social media post, Meghan highlighted the significant advantages of working with a local lender. She shares a specific instance where she convinced a client to opt for a local lender over a well-known national bank. The client was house-hunting in the competitive Ann Arbor market earlier this year, characterized by fast-paced multiple-offer situations. Initially, the client preferred to use Chase Bank due to their prior banking history.
However, Meghan stressed the importance of using a local lender, citing their strong reputation, intimate knowledge of the neighborhood, and established relationships with other agents. Ultimately, the client chose the local lender, and this decision paid off. They submitted an offer on a home, and the listing agent was familiar with and trusted the local lender, recognizing their commitment to ensuring the client’s qualification. As a result, the offer was accepted. Meghan underscores that while larger institutions like Chase may involve numerous individuals and operate within standard hours, local lenders offer personalized service and go the extra mile to secure favorable outcomes for clients.
Shifting gears, Meghan talks about a unique property listing that recently went live. The house, built in 1836, holds a rich history as the first frame-built home in Livingston County, as documented in a 1970s newspaper article. Meghan’s sellers have preserved the farmhouse’s charming character while undertaking extensive remodeling efforts. This historical backdrop and careful preservation of the property’s character create a captivating narrative that piques the interest of potential buyers, offering them a memorable and immersive experience.
Addressing another aspect of her real estate experiences, Meghan discusses the growing demand for multi-generational homes. She notes that more clients are seeking such homes due to the rising cost of living, housing, and eldercare expenses. Living together under one roof can provide cost savings and support for childcare and elderly family members. Meghan personally acknowledges the benefits of multi-generational living with separate spaces, emphasizing the concept of “it takes a village.” However, finding homes with first-floor primary bedrooms, a key feature in multi-generational living, can be challenging in today’s market. Ranch-style homes are highly sought after, but most two-story homes lack the essential accessibility features, making the search for the perfect multi-generational home a demanding endeavor.
In discussing her experiences in real estate, Meghan reflects on how she’s handled difficult or demanding clients. She acknowledges that such clients are not uncommon in the emotional world of real estate, especially during fast-paced markets where emotions run high. Meghan’s approach to managing these situations involves reminding clients of their original goals and keeping the end goal in sight, helping them navigate the challenges of the process while maintaining professionalism and striving for positive outcomes.
Meghan’s passion for running and fitness plays a significant role in her community involvement. She’s an active member of a local running club, connecting with people from various regions, including Livingston County to Oakland County and beyond. Spending hours training with fellow runners provides her with opportunities to learn about individuals and their communities. Additionally, it allows her to engage in charity events and gain insights into the community’s needs and interests, facilitating meaningful connections with others.
Addressing the challenges of the real estate industry, Meghan underscores the ever-changing nature of the profession. Each day brings unique transactions, and just when one thinks they have it all figured out, unexpected issues arise. Adaptability and problem-solving skills are essential in navigating these challenges effectively.
The conversation wraps up with Meghan sharing that in terms of personal growth and industry insights, she has discovered her ability to tackle difficult tasks and handle challenging conversations. Transitioning from a family business to a solo real estate career has shown her that she can succeed independently. Furthermore, Meghan’s commitment to serving others is evident through her community involvement and love for Livingston County. Real estate allows her to share the joy of the community with others, reinforcing the importance of giving back and serving one’s community.
Check out Meghan Zoll:
Facebook: https://www.facebook.com/meghanezoll
Facebook Business page: https://www.facebook.com/zollhomes
Instagram: https://www.instagram.com/megmovesmichigan/
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