Mike Kelly is an agent with Jorgenson Real Estate who moved to Austin from Grand Rapids, Michigan, knowing just one college friend in town. Today he works with many relocating and first-time buyers, and new construction is a big part of his business. In this episode of Real Estate, Straight Up, he and Kasey Jorgenson talk about how to relocate the smart way: pick a neighborhood by the life you want to live, check the headlines before you believe them, and use today's balanced market to your advantage.
Key takeaways
- In greater Austin, moving a mile can change your daily life, so list your hobbies and routines before you choose where to live.
- The viral claim that the median first-time buyer is 40 came from a mailed paper survey. Mortgage-based data that Kasey and Mike cited puts the age closer to 33, up from 32 in 2016.
- Kasey said first-time buyers make up only about 21% of purchases right now, but the balanced market gives them more choices and more room to negotiate.
- A balanced market is not a dead market. When a good home comes on, Mike would rather show it tonight than on Friday.
- A good buyer's agent checks for costly red flags, like the foundation, an old furnace or missing shingles, before you pay for option money and an inspection.
- Builders are offering strong incentives. At the time of recording in July 2026, Mike had seen a builder offer 2.99% while average rates were around 6.1%.
- On a new build, get a second inspection around month 10 or 11 so the builder fixes problems before the one-year warranty ends.
How do I choose a neighborhood when I'm relocating to Austin?
Mike moved almost on impulse, tired of Michigan's gray weather. On a January visit it was about 40 degrees and people were still running and playing sports at Zilker. He didn't know the areas, toured apartments in Riverside, South Austin and Zilker, and is glad he picked Zilker.
His advice is to start with how you spend your time. Do you like coffee shops, parks or being close to a trail? If you're a runner, trail access matters a lot here. Kasey agreed that small distances matter: "A mile down the road can be a completely different living experience." He added that Round Rock is only 20 to 30 minutes from South Austin without traffic, yet people on each side often don't know the other well. Mike also researches what's being built nearby and how an area may appreciate over the next 10 years. Our relocation guide and city and neighborhood guides are a good first step.
On making friends, Mike said so many people here are transplants that most are open to it. "If you have any hobbies, just go to those things that you already like to do, and then you will just meet like-minded people," he said. For him, that's volleyball and running.
Is the median first-time home buyer really 40 years old?
Kasey and Mike don't think so. The headline came from a national industry survey that, as they described it, was mailed to about 190,000 people, had about 120 questions, and was returned by roughly 6,000. "What sub 30-year-old is filling out a survey for fun, right?" Kasey asked. Sources that look at actual loan applications and credit reports, which they named as the New York Fed, Cotality and the FHFA, put the median first-time buyer closer to 33. Ten years earlier it was 32.
Affordability is still harder than it was. Mike has many buyers using gifted funds from family. Kasey noted that some parents and grandparents are working with financial advisors to help family buy, which can also pass on wealth without large tax consequences. If you're just starting, our first-time buyer seminar walks through the basics.
Is now a good time for a first-time buyer in Austin?
Mike came from a hot seller's market in Michigan, where his buyers could lose out five or ten times and give up. Here, he said, "there's a lot more room to negotiate and get better terms for first-time homebuyers." Kasey recalled that from 2020 through early 2022, JRE listings were getting 50 to 60 offers. The market has corrected since then and is now stable and balanced, which is healthier for buyers.
Speed still matters, though. "We're a balanced market, we're not a dead market," Kasey said. If a client wants to see a new listing, Mike would rather go that evening than wait days, because he has seen buyers lose a home to another offer. See our guide to buying a home in Central Texas for how the process works here.
What should a buyer's agent look for at a showing?
Mike admits he isn't the agent who gets excited about design. "What I'm passionate about is seeing the red flags, anything that could come up that could cost my buyers $10,000 in the next five years," he said. While clients walk the house, he checks things like the foundation and the age of the furnace in the attic. Kasey recalled a client review, and a video, of Mike up in an attic in July, with temperatures around 109 in the shade, checking the equipment for his clients.
Under contract, buyers typically pay option money of a couple hundred dollars plus an inspection of several hundred more, so spotting missing shingles or a tired HVAC system early saves real money.
Should I buy new construction in Austin right now?
For many buyers it's worth a look. Mike said builders are offering "killer deals" right now, including one he saw at a 2.99% interest rate, and he often brings up new construction even with buyers who started out looking at resales. It isn't for everyone, since many newer neighborhoods look alike and lack mature trees. But the process is usually cleaner and less emotional than negotiating with an individual seller.
You should still inspect. Mike said you can walk the home with your inspector, and better builders will address the items on the report. Kasey said the norm is a one-year "bumper to bumper" warranty, with other coverage that varies by builder, and some items, like failed window seals, go through the manufacturer after year one. Mike's key tip: "I always recommend like month 11 that they get an inspection again because they'll come and fix everything." Kasey explained why. A Texas house needs to go through the hottest summer and coldest winter to settle, and that's when issues show up. Mike said a basic inspection runs around $350. Read more in our guide to buying new construction in Central Texas.
If you're planning a move to the Austin area, talk with Mike Kelly or any Jorgenson Real Estate agent about neighborhoods, new builds and what your budget can do. More episodes are on the Real Estate, Straight Up podcast page.
Questions from this episode
Is the median age of a first-time home buyer really 40?
Kasey Jorgenson and Mike Kelly are skeptical. The 40 figure came from a mailed survey with a low response rate. Mortgage and credit data they cited put the median first-time buyer closer to 33, compared with 32 in 2016.
When should I get a second inspection on a new construction home?
Around month 10 or 11, before the builder's one-year warranty ends. By then the house has been through a Texas summer and winter. Mike said a basic inspection runs around $350.
How do I pick a neighborhood if I'm moving to Austin?
Start with your routines: trails, parks, coffee shops, commute and how you spend weekends.
Do first-time buyers have leverage in the Austin market now?
Yes. Mike Kelly said the balanced market gives buyers more choices and more room to negotiate, and builders are offering strong incentives.
Listen to the episode
Also on Apple Podcasts, Spotify, YouTube. All episodes.
In this episode
- 0:00No Fluff Market Kickoff
- 1:10Mike’s Impulsive Move To Austin
- 3:33Settling In Without Local Knowledge
- 4:33How To Choose Your Neighborhood
- 7:58The First-Time Buyer Age Controversy
- 10:57Affordability Help And Today’s Leverage
- 13:43What Great Agents Actually Do
- 19:26New Construction Deals And Warranties
- 24:00Negotiation Skills And Better Routines
- 27:05Cutting Alcohol To Hit Goals
- 28:46Making Real Friends After Relocating
- 31:50Wrap And Share The Show
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Full transcript
Read the full transcript
No Fluff Market Kickoff
Kasey Jorgenson 0:01 Welcome to Real Estate Straight Up, where we skip the scripts and talk about what's really going on in the Central Texas real estate market. I'm Kasey Jorgenson, founder of Jorgenson Real Estate in Round Rock, Texas. This is where we break down how deals are actually getting done, what top agents are doing differently, and what most people aren't saying out loud about this market right now. No fluff, no BS, just real estate straight up. Hey, welcome back, everybody. This is real estate straight up. I'm Kasey Jorgenson, broker and founder of Jorgenson Real Estate here in Central Texas. I am joined today by Mr. Mike Kelly here at Jorgenson Real Estate. This segment we do is called Closer Conversations. It's it's a double entendre. Closer and closer conversations. Oh wow, I didn't even you see that? I didn't even realize that. Yeah, Claude helped me come up with it. Anyway, we're joined by Mike. Mike has been with us for two years at this point. About a year and a half. Yeah, yeah. So we're gonna go over some cool topics today. We're gonna go over a little bit.
Mike’s Impulsive Move To Austin
Kasey Jorgenson 1:10 I think first, I'd love just to jump right in. Relocation, because you work with a lot of relocating buyers, and you are a reload. You relocated here kind of on a whim. You want to talk about that?
Mike Kelly 1:22 Yeah, yeah, definitely an ap an impulsive, uh, impulsive situation and decision. I visited Australia like two years ago, and it was and it was like You mixed up Australia and Austin when you when you did your move, didn't you? Yeah, I did. Yeah, but it was just beautiful. I was like still single, kind of getting sick of the weather. Like Australia. Well, where were you? Beautiful. Where at Grand Rapids. I'm originally from a small town in Michigan. Moved to Grand Rapids, which is only like 30 minutes away from there. And yeah, I just was kind of ready for something new. I visited Austin once. Or I did I I went on a trip during college once and I really liked it. And then just did a visit with a friend and fell in love with it. Did you know many people here before you moved here? No, there's one college buddy, yeah, from I went to school. So Dang. Yeah, I just sent it and I was like, this is something I don't want to regret, like later in life, like making a movie, you know what I mean?
Kasey Jorgenson 2:30 And um so the Michigan winners played a part.
Mike Kelly 2:34 Yeah, it was like honestly, I went to Australia and it was just sunny, like for like I was there for two and a half weeks. It was sunny every single day, and I was like, dude, I feel good. Like, what is it? I'm like, it's probably it's vitamin D, dude. I looked more into it. I'm like, and you don't even really like think about that, like how when you're in like that environment for so long, you just think like that's kind of normal. Yeah, but I I looked it up, and it's literally one of the most cloudy places in America, and yeah, I started to get into like fitness and health, and like that's huge here. It's a big fitness culture, yeah. I think I went, I remember it was like I came in January, and one of the it was like 40 degrees. I was like, I didn't even know Austin, like this is Texas wise at 40 degrees. But there were still like so many people outside running, working out, like playing sports at Zilker and stuff, and I'm like, this is awesome. Yeah, this is so cool. And yeah, so I just wanted somewhere where I could like do a lot of stuff outside, a lot of activities outside all year round.
Settling In Without Local Knowledge
Kasey Jorgenson 3:33 You know what I mean? Probably resonates with a lot of people that either want to move here or that have moved here too from from up north. So, where what part of town did you end up kind of settling on? Because you're you're a young guy, right? So that's got to play some kind of a factor into where you want to be. I'm pushing 30, dude.
Mike Kelly 3:50 Oh wow, I take that back. Yeah, well, I didn't know any of the areas, and that it was like so stressful because you don't know any, and I only knew my one friend that was only there for a year. I didn't really have anyone to lean on um when it came to that. So I had a like an agent, a leasing agent. Um, she helped me a little bit, but I was it was like pretty random. I just went with like the best apartment. Yeah, like I I think I toured like Riverside, more like like South Austin, and then also like Zilker area, and I'm like so happy I picked Zilker because it's just like yeah, I love it there. Yeah, it's so s it's awesome.
How To Choose Your Neighborhood
Kasey Jorgenson 4:33 So what's um what's some advice? I mean, it sounds like you hired an agent, so that's at least a a a good thing. Do you do you have any kind of any pieces of advice or things that you would impart to somebody else that's that's moving here that you maybe didn't get right?
Mike Kelly 4:50 Yeah, I would well that's what I was actually gonna talk about too. Just like it's and I feel like just the greater Austin, like every single even being like a mile from a like a mile apart from a different area, it's it can be so different. Yeah, like the lifestyle is so different. So I would figure out just like I mean, keep in mind like what your hobbies are, which what you're gonna want to do. Like, are you do you really like coffee shops? Do you like to do you like parks? Do you like being close to the trail? Do you are you like a if you're like a runner, there's so many runners in Austin. Like being that trail is f amazing. It seems like every year they're coming out with a newer, better, cool spot to run around Austin. Yeah. Yeah. That's another part I love about Austin. I feel like the city planning is just like amazing. Like they just added that more green space area on the east side. Um and it's that's just awesome that they're doing that. Like because I feel like a lot of bigger cities they get bigger and they do more like developments, like housing developments and and things like that. But it's it's good that they're also doing that.
Kasey Jorgenson 5:56 Yeah, I will say that that's a that's a pretty good I agree. That's a a shining part of Austin. The planning and the parks and the green space and the the preserves and things like that have been pretty awesome.
Mike Kelly 6:07 Dude, and like I I haven't been to like every big city, but I don't know if there's a lot of cities that you have the the downtown, but then you have so much green space around it, like so close to it, like it's just unreal. Like it's amazing.
Kasey Jorgenson 6:22 Yeah, you should have seen it back in the early 2000s. It was still there's a lot more open space than the you work with a lot of relocating people, right? So you get to now you've been here for a few years, you've got your feet wet, you know a lot of the different areas and the nuance and things, you know the good spots. I know we get testimonials and stuff from people all the time from Mike here at the brokerage. He's one of our our top performers in terms of getting actual clients to leave him testimonials, which is a huge part of his business. But they all mention how like helpful and hands-on you are with with helping them pick, you know, where they want to be. So that's that's awesome.
Mike Kelly 7:02 Yeah. A lot of it too, like I've I've only been here for two years, so there's a lot of stuff I I don't know. So I really lean on our team. I mean, so many people are from Austin and and know the area well. And I feel like everyone on the team is from a different part of like Greater Austin, which is super helpful. Yep. But a lot of it too is just like doing the actual research of what's what are the developments that are coming up? What does this neighborhood, what does this look like, and the appreciation, what that what that will look like in the next 10 years. So I I like doing that for clients.
Kasey Jorgenson 7:33 Yeah, I know that like you said, a mile down the road can be a completely different living experience, you know. And and Round Rock is only 20, 30 minutes away without traffic, knock on wood to south side of Austin. But I've I know pe Southside Austin people don't always know Williamson County as much, and vice versa, even though it's only 20, 30 minutes down the road. Yeah. But it can be a completely different thing.
The First-Time Buyer Age Controversy
Kasey Jorgenson 7:58 So in switching subjects a little bit, a lot of the people that are relocating here, just like you, they're first-time buyers when they come here, right? And we were talking before we started filming about kind of the most recent study that I don't want to say it went viral, but I feel like every real estate agent out there was posting, oh my gosh, the freaking median age of a first-time home buyer is 40 years old. And people were kind of freaking out. And we were like, we read some conflicting data when we were talking. It was like, I don't know what that passes the the smell test, right? And so, yeah, let's uh what what did we learn?
Mike Kelly 8:31 Yeah, so NAR came out with a survey and statistic that said that the average first-time homebuyer is now 40 years old. Yeah, but how did they send out that survey? Yeah, so it was I think they sent it out to 120,000 people in the mail. I think it was I think it was 190,000 people. Yeah, 190,000 people. Almost 200,000 people. Yeah, but there's 120 questions on there. Yeah. And only 6,000 people returned it. Uh yeah. And it was mail stamp, like they had to actually.
Kasey Jorgenson 9:03 Yeah, so they sent out a paper survey. Yeah. And and the data they pulled from it was was the age of the the median first-time home buyer. And I I I don't like which in 2025, what sub 30-year-old is filling out a survey for fund, right?
Mike Kelly 9:24 For sure, yeah. Yeah. So yeah. So I mean, when you look at the real data that's coming from like the New York Fed and Quotality, FH FA, then they pull like loan applications and things like that.
Kasey Jorgenson 9:37 Yeah, they can access actual credit reports that show mortgages. Yeah. Yeah. It actually showed it's from I think it's 33, right? That's what we saw. Yeah. So 33 years old was more more was closer to the actual number. And in 2016, 10 years ago, it was 32. So it wasn't like a big jump according to that study.
Mike Kelly 9:58 Yeah.
Kasey Jorgenson 9:58 So, but NAR put out 40, so every realtor was posting the median age was 40, even though that that was kind of a questionable survey. Yeah.
Mike Kelly 10:07 For sure. Yeah. I mean, it's there's no question affordability. It's it's a lot tougher now than it was. I have a lot of buyers now that they're using like gifted funds from family and they're lucky enough to do so. But yeah, it's it's tough out there right now for sure.
Kasey Jorgenson 10:23 Well, I can tell you, like just as a side note, there's the boomer generation, they have good money and good savings, and they're having conversations with their financial advisors on how to move money to their kids and to their grandkids without huge tax implications. And so there's some creativity on how to help their their kids or grandkids purchase real estate using some of their money, and it and it actually can become a nice way to transfer some of that wealth without without huge tax implications, too. So that's a good point. Yeah, yeah, that's awesome.
Affordability Help And Today’s Leverage
Kasey Jorgenson 10:57 So, how's it been? I mean, working with first-time buyers here in this market because I know that it's pretty balanced, right? I mean, we've been feeling it like it's a pretty stable, pretty balanced market. And so builders and and sellers are offering really great incentives to help first-time buyers.
Mike Kelly 11:16 Yeah, exactly. Yeah, when I was in Michigan, the market was super hot. It was a huge seller's market. And so that was definitely an adjustment coming here where it's more of a balanced market, but it's a lot more fun working with first-time home buyers because a lot of times in Michigan, like we would get beat out five, ten times, and they would just like they would just give up. Here we can actually there's a lot more room to negotiate and get better terms for for first-time homebuyers. So yeah, it's a lot better place to be for and I actually thought Austin, like, I didn't realize the market, like I thought it was still when I moved here, I thought it was still booming, but it's obviously been correct.
Kasey Jorgenson 11:58 Yeah, we corrected. I mean, our our 2020 through early 2022 was was gangbusters. I mean, it was it was insane. Yeah. And so we went up. I mean, we were getting back then, you want to talk about a hot market, we were getting 50-60 offers on our listings, which was insanity. And now the you know, what goes up must come down, and we've kind of gone through that correction. But this year is looking better numbers-wise than last year, but it is it's it's still stable, which is fair, yeah, and good for for people like first-time buyers, right?
Mike Kelly 12:28 Yeah, so it's definitely a healthier market. Yeah. And buyers have more choices now, which is nice.
Kasey Jorgenson 12:35 Yeah, we were we were making some decisions at the brokerage level. You know, obviously, we do marketing, you know, not just for our sellers and things like that, but we also do marketing to get new clients. And we we said, well, who's our target? And when we looked at first-time buyers, it was surprising because they only account for about 20, 21% of the transactions right now.
Mike Kelly 12:55 Yeah.
Kasey Jorgenson 12:56 A better study was the median age of a real estate buyer right now is 59 years old. So that's not first timers, but that's the median age of of all purchases right now. But only 21% of purchases were first-time buyers. And so we were like, do we want to do we want to spend marketing dollars to find first-time buyers, even though it's such a low segment? And I think the answer is yes, because the opportunity for them is amazing.
Mike Kelly 13:19 Yeah. So for sure. Yeah, and I just love working with uh it's obviously such a stressful process, and it's just it's it's it's nice being like kind of like the calm in the storm and like assuring them that everything like is truly gonna be okay. Yeah, it just it's I have a lot it's a lot more rewarding, I feel like, working with
What Great Agents Actually Do
Mike Kelly 13:43 them.
Kasey Jorgenson 13:43 And I know that I don't remember which client it was, but there was a review that came in. So it's it's currently we're filming this, it's July in Austin. And so the normal outside temperature in the shade yesterday was like 109 or something like that. And so we saw Mike, Mike's a sharp dressed fella, and he usually has on, you know, nice pants and a sport coat. Yeah, and there's a video of him floating around where he was up in the attic in this heat, like checking out the components for his clients. And I was like, I don't know if I was out, if I was if I like that's dedication for your clients, right? And I'm I'm an old man now, so yeah, that the heat in the attic could kill me, but good good on you for being up in there.
Mike Kelly 14:27 Yeah, well, that's what I try to do when I when I'm showing properties. To be honest, to be honest, like this is funny, like it's weird coming from a realtor. Like, I really don't care about like houses and like design that part of real estate much. You know what I mean? I I get what you're saying. Like, like I don't really have like a lot of like specific taste of like of houses and like real estate, you know what I mean? Like a lot of real estate agents, they just like love homes and like yeah, you know what I mean. But like what I'm passionate about is seeing what the red flags, what like anything that could come up that could cost my buyers like $10,000 in the next five years. Because that looks terrible on me if I didn't see that and I didn't spot that at an inspection. So I mean, every showing that like I even tell them, like, hey, you guys walk around the house. I'm gonna if you have any questions, let me know. But I'm gonna go make sure like I go double check like the foundation's good, the furnace in the attic is like not 20 years old, you know what I mean? Because of course, like the inspector's gonna see that, but I could save them that 500.
Kasey Jorgenson 15:35 Well, inspections cost money. So like you've got a buyer goes under contract, they typically have option money of a couple hundred dollars, and then the inspection costs of several hundred dollars. So, yeah, being able to spot those red flags, I I d I agree with that a hundred percent. Yeah, yeah. I can't stage a house to save my life. No, I've been paying for stagers for for oh 15, 20 years at this point because yeah, I'm with you. But yeah, you point something out, missing shingles, an HVAC that's looking a little shoddy, something like that. Yeah, yeah.
Mike Kelly 16:04 And it's funny because that's what people like people think like real estate agents do, because like if you've seen like selling sunset um in those shows where they're just like, this is the bathroom, and they're like that's just like so not what what what it is. Like it just seems like so much easier.
Kasey Jorgenson 16:21 But that's the stuff that costs money, right? Like buyers can figure out if they like a layout of a house pretty easily. Yeah, they they know, yeah, they're gonna know. So yeah, yeah. Good. So when it comes to I know we've got great loan programs, I know the market's very balanced for first-time buyers. So bringing uh being able to serve them and kind of work hard is is is huge. We were also talking before we filmed, before we started filming today, of what kind of differentiates you versus some more, you know, different agents in the market right now.
Mike Kelly 16:53 Yeah. And I actually struggled with that, finding what that was before I joined the team. And I remember the the team meeting we had when you were like, hey Mike, you might want to focus on like you're single, you don't have you don't have kids, like you might want to lean on like being being time flexible, working when other agents aren't able to be working, right? And being very responsive to people, and that's kind that's what I've been leaning on the last uh year. And it's yeah, so I think just kind of always being there for my clients like as soon as possible and and getting the best information for them as soon as possible. And like if they want to go see a property that just came on the market, sometimes like I know a lot of agents probably they're like, Oh, I I'll show it to you, let's say it's Monday, they'll be like, Yeah, I'll show it to you Friday, I'm open Friday. Like, I'm the type where let's go see that tonight. Yep. I don't want you guys to miss out on that, you know, because that happens a lot. Like it's timing is so important in real estate.
Kasey Jorgenson 18:04 Yeah, we're a balanced market, we're not a dead market. Stuff, stuff still requires some speed, some speed to get done.
Mike Kelly 18:10 And I would just, and that's happened before where I like I had to put some off and then they got another offer too, and then it's like now I feel terrible that I I didn't just yeah.
Kasey Jorgenson 18:20 I I it was just yeah, and I think I think both things can be true, right? Like there's there's agents that have families and kids and obligations and and everything too, and they're they are kind of in there and their clients still love them. They that that works for those clients. Yeah. Some clients they they want that responsiveness and stuff, and so it it can be a mismatch. And so, yeah, I that's something that I know when we have you know, like a a a new opportunity, somebody that's looking for representation and things like that. I know you're always one of the first people to raise your hand and you're ready to to call right away, and that's that's a difference maker for getting new business. So but yeah, I think yeah, both things can be true, but that is a huge value proposition to be available. I know for me, I you know, I I coach my son's flag football when I can and and and do some things, and I'm very active there. I don't have the ability to go show in in the evenings anymore. It's part of why you're now the broker, you know, that's my life, yeah, right. And and I love my life and everything else, but going and and doing the hustle and being able to be responsive and do that, it's a it's a huge leg up for sure. Yeah. Yeah.
New Construction Deals And Warranties
Kasey Jorgenson 19:26 Well, let's switch gears a little. Let's talk about new construction, yeah. Right. And so I know new construction is a big part of your your focus and your expertise and and helping buyers buy new construction but do it the right way. So walk me through some of some of that. How's that been going for you and for your clients?
Mike Kelly 19:44 Yeah, it's been going really good. Like like you touched on earlier, builders right now, they're offering just some pretty awesome incentives. I think I saw like 2.99, I forgot what builder it was, but like 2.99% interest rate. Yeah, it's it's the the interest rate's like 6.1 right now on average. Um yeah. So yeah, I mean, what what happens too a lot is we start looking at some properties, like some resale and stuff, and then I always kind of just bring up new construction and see if that's a possibility. It's not for everybody. A lot of the newer developments right now, they're kind of more in like let's say like cookie cutter neighborhoods, yeah. No, like mature trees, so you can see all the neighbors and everything. So it's not for everybody, but just killer deal deals right now. And like also, I think it's super cool being able to see my clients like pick out all the finishes in their house, like it's on like right, like they're playing Sims. Is that what the game was? Sims is something the the game of my generation. You're talking about that?
Kasey Jorgenson 20:50 Yeah, the Sims.
Mike Kelly 20:51 Yeah, yeah. And it's just uh it's a cool experience. It's usually a lot of a cleaner experience.
Kasey Jorgenson 20:57 Like well, it's like car shopping, right? Like if you go look at a if you're shopping used cars, yeah. They got that like used car kind of whatever. You're like, what's that smell, right?
Mike Kelly 21:08 Exactly.
Kasey Jorgenson 21:08 Yeah, you go to a brand new car, you're like, wow, it's got that new car smell, everything is perfect, plastic's still on everything. Exactly.
Mike Kelly 21:14 And then you don't have to worry about for the most part, uh like major appliances failing, anything like foundation, foundation issues where a lot of times those can come up on resales, like that you just even the inspector might miss.
Kasey Jorgenson 21:27 I mean, stuff shows up sometimes, but the warranties that they have are generally pretty good.
Mike Kelly 21:32 Yeah, and stuff shows up on the inspection report, uh, but you actually which I think is awesome, you get to go walk it with the inspector, especially like the the I guess the better builders, like you can actually they'll take care of everything on the inspection report. Yeah. And then yeah, you usually have a one year warranty for anything. I think six years for like appliances and things like that, right?
Kasey Jorgenson 21:58 I think it yeah, I think it depends on the builder, but. I think across the board, kind of the norm is that one year they call it quote unquote bumper to bumper where they can take care of everything. I know we I've got a client that popped up today where you know the house is a year and a half old, it's past the one year warranty, and it's got some issues with like the seals and the windows have failed. And so there's still warranties, but we have to go to the manufacturer for it. But it was all still new, and so there's various, various warranties.
Mike Kelly 22:24 Yeah, and I always recommend like month 11 that they get an inspection again because they'll come and fix everything. Yeah. Um, because you have that one year for they'll that they'll cover anything.
Kasey Jorgenson 22:35 Yeah, we have the what's what what I've noticed over the years is houses in Texas go through, they really need to go through like a full full changeover of the season. So the hottest part of the summer, coldest part of the winter, because that house will kind of breathe and settle and things will kind of show up. So yeah, that's great advice. Yeah. So 10, 11 months on your new home, get that second inspection done so they can come in and and yeah, clean up any of those things.
Mike Kelly 23:03 And like a basic inspection, like you can give them like 350 bucks, like it's nothing crazy. Yeah. Um, and they'll yeah, they'll fix anything. But yeah, I just found that the the process is just a lot smoother. You don't you're not negotiating. You are negotiating, but it's not like obviously real estate gets really emotional and you you kind of avoid that part too. And yeah, builders are definitely don't have the emotion of a seller. Exactly.
Kasey Jorgenson 23:27 Yeah. I wouldn't go so far as to call them emotionless, but yeah, yeah, right. They might be emotionless.
Mike Kelly 23:35 Yeah, so yeah, it's just been a like every every new build that I've gotten a contract, like the experience and like my client has been ecstatic uh about about everything about it. So yeah, they get it, they can do a new house for a better deal most of the time right now.
Kasey Jorgenson 23:52 So yeah, that's good and that's good advice. All right, you want to jump into some fun questions?
Negotiation Skills And Better Routines
Kasey Jorgenson 24:00 Yeah, I'm ready. I don't know what you're gonna pull out. Yeah, we don't prep for these. Like I give we have some guidelines, but yeah, we don't really prep for these. What's something right now? So so you're you're becoming ancient, you're almost 30, you said, right? So that's almost that's almost ancient. What are you working on right now in terms of like personal development and things? Because you're one of the people that show up most most for our our kind of coaching and growth meetups here at the brokerage. What are you kind of focusing on right now and working on?
Mike Kelly 24:30 I have been trying to learn a lot more about negotiation um to better serve my clients. There's a lot that goes into that, and there's a lot of negotiation that that happens with the buyer agent, the seller agent. So yeah, I just want to be able to better serve my client and save them the most amount of money.
Kasey Jorgenson 24:51 Yeah. So what are you reading? Like, what are you digging into right now?
Mike Kelly 24:53 Yeah, it's never split the difference. Okay. Chris Foss. Yeah. So just started that book. I'm I'm also reading Atomic Habits. Also a great book. Yeah. Trying to get my morning routine a lot better and evolve that, evolve that for sure. Just because I feel like that sets you up. Like your morning is so important, really.
Kasey Jorgenson 25:17 It's the easiest thing to get derailed too.
Mike Kelly 25:19 Yeah, yeah, for sure. And it just takes one night of like or morning of sleeping in and it just screws up your whole week. And it's just like really trying to lock that in. Cause what I've noticed is like my habits kind of outside of work directly affect my work a hundred percent. Usually when I'm eating good, like working out, um, and like that it translates to real estate. I uh I told you this that like before I moved here, I I was doing real estate, but I was literally like I was waking up at like 10 or 11.
Kasey Jorgenson 25:56 Yeah, we did talk about that. I forgot then. Yeah, you were sleeping in.
Mike Kelly 26:00 Yeah, yeah. And it was a lot different market, like I was talking about, like where I would just like get a lead, I'd like go show a house and they put an offer in. And I was making like decent money, but I was making pretty good money. It's a way lower price point there. Yeah, but yeah, yeah. And yeah, I moved here, and I think that was the best thing for me, how the market wasn't like that anymore, and I had to really adjust and change everything what I was doing. And yeah, so it's been good.
Kasey Jorgenson 26:28 Yeah, we've had plenty of agents over the years that that didn't work out here with us where they were younger and and hustlers and everything, but they were going out and drinking and hitting the bars, and then they sleep in, and those early morning opportunities that come in, they just completely miss. Yeah. And not a lot of real estate happens, you know, before 9 a.m. anyway. Like generally speaking, people aren't wanting to see houses first thing in the morning. You have those people that that that do, of course, but just generally, most of those things, and it's really easy to get into that that late night, late morning routine instead of that healthy balance.
Cutting Alcohol To Hit Goals
Mike Kelly 27:05 So I actually had to stop drinking alcohol. I didn't know how how can we we are getting on this podcast. Yeah, let it out, man. This is a therapy session. This is therapy. Okay, sweet. No, yeah, I just had to cut out alcohol because I I tried doing that for three months and like everything changed for the better. And I was like, maybe it's probably best I stay away from it.
Kasey Jorgenson 27:28 Yeah.
Mike Kelly 27:28 Yeah. So yeah. So just trying to lock that in.
Kasey Jorgenson 27:32 And I mean, if you have goals, yeah, no matter what the goal is, whether it's a a fitness goal or a business goal or any kind of goal, I I don't see a world where alcohol helps you achieve that goal faster. I know it gets tough when it's social. I'm a super social person, so go out and meet people and it's the happy hours and everything.
Mike Kelly 27:55 It's that's all over.
Kasey Jorgenson 27:56 That's yeah. Yeah, but there I I don't think that you need to, and I don't think that that's something that helps people, you know, achieve their goals faster. Can you achieve it? Like there's nothing wrong with having some drinks or doing whatever, you know. For sure, yeah. But if it's getting in the way of achieving what you're wanting to achieve in a certain time, then it's gotta go.
Mike Kelly 28:12 Yeah.
Kasey Jorgenson 28:13 That's anything. That's that could be a relationship, that could be alcohol, that could be fast food. I mean, that could be anything.
Mike Kelly 28:19 Yeah. So exactly. Yeah. And so yeah. So once I yeah, I cut out alcohol and then I started working out every morning, and that's like right when I started just kind of hustling in real estate, and like everything was going a lot better. So I was just like, yeah, that's I guess I gotta stick to that. Yeah, you got focused.
Kasey Jorgenson 28:41 Good. Well, so and I know since we're having a therapy session, might as well keep rolling
Making Real Friends After Relocating
Kasey Jorgenson 28:46 with it. But I know a real common thing, I mean, even people, people my age and people in their 20s, I know a real common thing right now is like finding finding and making like meaningful relationships. Not I'm not talking romantic, I'm talking just finding relationships with other people and kind of making friends. Yeah, you came here, you said you knew one person, right? Yep. So you've been going out and having to go through that. You you live in you live by yourself, I know that.
Mike Kelly 29:13 Yep.
Kasey Jorgenson 29:13 And so you've been out trying to kind of make friends. I mean, how has that been in Austin?
Mike Kelly 29:17 Yeah, it's been awesome. Like, just there's so many transplants. So there is a lot of people that are looking for the same thing. And that was another reason actually I I I was moving because I feel like in where I'm where I'm from, everyone kind of like stays like with their friends, like with their groups, and then which is fine, but then they never kind of branch out. I've I noticed. Yeah, their circles become their circles, and that's it. Exactly. Yeah, yeah. So it's just it's been nice. There's so many people that are open to to making new friends here, which is uh it's a lot easier that way. Right. And it a lot of it is just forcing yourself to get out there. Like a lot of the times I do not feel like doing like these social stuff, you know what I mean? Like because it can it can definitely be draining. Everyone has a battery, even extroverts have have social batteries. Yeah, but I've never regretted like going to like a social event, you know? Yeah, so and it in our business it's huge. So yeah, it's been it's been great.
Kasey Jorgenson 30:13 Yeah, good. Yeah, that's always I I we've had that, we had discussions years ago because we saw that as like a struggle, and we were like, you know, do we get all of our incoming clients that relocated here and throw like a social event for them? That's always kind of been on a on a bucket list for me, but we never really did it. But what I've learned over the years, yeah, people that are in Austin specifically, it's a lot easier to go and meet people and make friends like that. So that's good to hear. Yeah. And for people like on the fence about relocating and not knowing people, that's good to for them to know too.
Mike Kelly 30:46 Well, yeah, and I think a lot of people kind of stress like what what kind of social events am I gonna go to? Like, what is it gonna look like? Like, I think like if you have any hobbies, just if you if you have any hobbies, like I play a lot of volleyball, like running stuff, like just go to those things that you already like to do, and then you will just meet like-minded people, and it's really that simple. Yeah, right. So that's awesome.
Kasey Jorgenson 31:14 Well, we're uh I think we're still trying to find my wife though.
Mike Kelly 31:18 So if you're watching, she's probably definitely watching, right?
Kasey Jorgenson 31:22 The future, yeah. Oh, she will watch this. Sweet. I mean, this is gonna be on the internet, it's gonna be there forever. So oh, sweet. Whatever you said now, yeah. Your your future, your future wife or baby mama is definitely gonna be able to see this. Oh shit. Okay. Yeah. Sweet. All right. Think we're good? Good job. Awesome. Thank you, man. This has been Real Estate Straight Up. Thank you. I'll see you later. Peace. And that's
Wrap And Share The Show
Kasey Jorgenson 31:50 a wrap. If you got value out of this, don't keep it to yourself. Send it to someone who needs to hear it. And if you're in Central Texas thinking about making a move, we're here at Jorgenson Real Estate. We'll see you next time.
Transcript generated from the episode audio and lightly corrected; it may contain small errors.