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Owned by Nick

DIY Homebuyer Academy

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Save $15,000+ on your next home while learning to protect your best interests by being your own agent. We'll show you how to navigate DIY home-buying!

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38 contributions to DIY Homebuyer Academy
Group Chat
In the communities I've been part of, one of the most valuable sections is the group chat. Skool doesn't have a great chat feature, but I think we can mimic a group chat with this pinned post. If you ever come across something interesting or entertaining but aren't quite sure where to post it, throw it in the comments here!
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New comment 2d ago
Group Chat
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I posted about this on TikTok, but Alabama passed new legislation overruling the requirement for buyers to sign a buyers agency agreement. It’s a mixed bag as it’ll prevent buyers from getting locked into long term agreements with agents they don’t fully understand (good for our DIY tribe!!!). But it also may negatively impact buyer’s abilities to negotiate lower commissions. That doesn’t necessarily hurt us as self-represented folks, but I still think it’s good to be aware of. It’ll be interesting to see if other states follow suit. Anyone heard of anything like this in your state?
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@Avy Waithe good question! At the moment by our agency agreements are still required before touring homes in both Ohio and Kentucky. Of course, this is only applicable to those who want a buyers agent. As a self represented homebuyer, you can tour the home directly with the listing agent and just sign a non-agency disclosure to avoid establishing a buyer agency relationship.
HAPPY CLOSING DAY, MAURO & LARISSA!
Today Mauro & Larissa successfully close on their new home in Provo, Utah! I've been working with Mauro & Larissa since early February. They didn't join the Skool group, but found me on YouTube and we started working together one-on-one. While they initially had some trouble with resistance from listing agents, we were able to push through. In early-March, they found a home they like and were prepared to act quickly and confidently. After touring with the listing agent and expressing their intentions to self-represent, they were able to negotiate $20k off the list price (3.5% below list) by not having a buyer's agent. Not to mention the repairs totaling about $1k the sellers agreed to have completed. We had a few hiccups to work through, like the seller's wanting a rent-back period and our need to ensure that Maruo & Larissa were protected for that. We discussed negotiation strategies upfront and during the inspection period. The listing agent also wasn't the greatest or the most clear in communications, so there was a fair amount of pressing for more details and clarification. All in all though, things went great and Mauro & Larissa were thrilled about both the money they saved and the control they had over the process. Once they've moved in, I'm hoping to record a podcast and/or have them on an upcoming Happy Hour call to share more of their experience! In the meantime, wish them well as they get settled in their new home!
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New comment 2d ago
HAPPY CLOSING DAY, MAURO & LARISSA!
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@Connie Waldman coming soon!
Condo HOA’s
Hey Nick, Do you recommend any books/podcasts on learning more about HOA’s and special assessments?
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New comment 2d ago
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@Sam C Great question! No particular books, articles, or podcast episodes come to top of mind. I've spent a lot (too much!) time reading through HOA bylaws & reviewing financials for various communities, so if you have any questions in particular I'd be happy to address those. I'll also do a search and see if I can find any good resources. If so, I'll post them here. To clarify, are you looking at HOAs for condos/townhomes or single-family properties and neighborhoods?
Introduce Yourself Here
This is the place to introduce yourself and connect with fellow DIY homebuyers. When posting, please: - Share your name, location, and what stage you're at in your home-buying journey - Mention your goals or what type of property you're looking for - Ask questions or offer support to others - Be respectful and welcoming to all members
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New comment 5d ago
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@Kyle Knight Welcome, Kyle! You and I are practically neighbors! I’m across the river in Vancouver! I’m always happy to connect!
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@David Bruno glad you’re here! I think you’ll find a lot of likeminded folks in the group! Fire away with any questions!
Reminder: Happy Hour this Thursday
Hey All, Just a quick reminder that we've got another Happy Hour Call this Thursday from 4pm – 5pm PDT. Sean and I had a great chat last time! Would love to have as many of you there as possible!
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New comment 6d ago
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@Jill Kismet oh! Sangria sounds great!!
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@Connie Waldman so glad you made it! Thanks for your awesome contributions!
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Nick Aufenkamp
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13points to level up
@nick-aufenkamp-6463
Founder of The DIY Homebuyer Academy | Teaching you to represent yourself when buying your next home, saving you money & protecting your interests.

Active 8h ago
Joined Aug 16, 2024
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