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  • Writer's pictureTorrell

Reed's Real Estate Review - Chesapeake

Updated: Aug 26, 2023

Owning a home wasn't something that was instilled in me as a child, and it also wasn't something I saw people do normally. The inner city of East Orange, New Jersey is where I grew up. I can still remember my family moving around and living in 4 different apartments in East Orange by the time I was 13. Around the age of 14 or 15, I went to live with my aunt in Florence, South Carolina.

My aunt also lived in an apartment in Florence as she was never really interested in owning a home. However, I did visit other family members who lived in Florence and Lamar that did own their home. Even my paternal and maternal grandparents all lived in apartments that they paid rent own every month.

By the time I was 35, I had a good job and was making good money, but I was still renting and living in an apartment. Part of the reason why I was still renting had to do with my upbringing, it's just what I saw the majority of my childhood. It's what I was use to and comfortable with. Another reason was fear. What if I lost my job and unable to pay on this loan that I'm responsible for? These were some of the thoughts that circled around in my head.

In 2015 something caused a change in my thinking. "Wait a minute. I'm spending $800 in rent every month, 12 months per year, and none of it is going towards anything that will benefit me long term? So essentially, I'm throwing away almost $10,000 every single year" It was like a light switch got turned on in my head. I don't remember exactly what caused the change. But it could have very well been the words of Dr. Boyce Watkins, because I think by this time I'd discovered his YouTube channel. "Ownership is key", is something that Dr. Watkins always preaches. It was time for me to stop renting and buy a house.

Since no one that I knew really had experience in this area, I started with Google to do my research. During this time, I was living in Norfolk. After doing some thinking, I narrowed it down to either buying a house in Chesapeake or Suffolk. Next, I needed to find a realtor to help. After doing more Google research I found Kelvin Reed who had several positive Google reviews. He was was working for a different realtor at that time, if I recall correctly.

My wife will tell you that I don't make any decisions right way, especially big ones. I need time to think about it. So when I met and had a consultation with Kelvin for the first time, I told him I would get back with him and let him know if I wanted to work with him. Both Kelvin and April were great in the consultation, its just I don't make decisions right away. It only took me the night to think it over. The next day I called and told Kelvin I wanted to work with them.

My experience working with Kelvin and April on helping me become a first time homeowner was great all around. They were both extremely knowledgeable, personable, and easy to work with. I told Kelvin what type of house I was looking for, my price limit, and which cities I was interested in living in. They found a house for me in Suffolk which was about 10 minutes from downtown Suffolk. It was a great first time home for a bachelor, which I was at that time. It was also in a quiet neighborhood, which was another one of my requirements. This experience also gave me the opportunity to work with and support a black family. It was great to see a husband and wife working together.

In 2016 after a year of living in my house, I got married. A couple years later in 2018, it was time to look for a new home because I wasn't a bachelor anymore :-) and I'm told that the woman wants to be the one that chooses the home. I'm happy she did because she found a beautiful condo community in North Suffolk. Now we just needed a realtor to help us with the process of selling our home and buying the condo.

Our decision of course was to work with Kelvin and April again. A couple of big changes had occurred for all of us since I had my first consultation with Kelvin back in 2015. The first big change was I got married, and the second was that Kelvin and April had opened their own real estate business called Reed's Real Estate in Chesapeake, VA. This is my Reed's Real Estate review.

My wife and I put down a deposit to purchase the condo, which expired after 60 days I believe. But we could not purchase it until we sold our house. We met with the Reeds at their office so they could help us strategize a plan. Their level of service was excellent, just as it was the last time. Once they got our house was listed on the market, we received 2 offers within the first week! After we accepted one of the offers, the potential buyer did a home inspection. They came back with a contingency that they would purchase the home if we installed a new roof. We accepted the contingency since the roof was 20 years old.

We successfully closed on the sell of our house, and used those funds to purchase our new condo. We couldn't have done it without the help of Reed's Real Estate. I highly recommend them if you are in the market of buying or selling your house in the 757, and you would be supporting a black-owned business. As I sit here and think about life now, and listening to Dr. Boyce Watkins for several years, I could not imagine not owning any place where I live. Ownership is they key to wealth. There are 3 main ownership pathways where people become wealthy in this country: owning stock, real estate, and owning a business. It's important that these principles are taught to our children so they know them early in life.

Reed's Real Estate is doing so well they now have a team that's listed on their about us page. This is a black-owned business that's supporting the community in multiple ways. First, they are helping the community with the very important task of owning real estate. Second, they donate a portion of their proceeds to charitable causes. Third, they are hiring black people. It's businesses like these that's helping to make a difference in the black community.

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