Ask Jimmy
A Live Q&A on Houston Real Estate
Ask Jimmy is a recurring Q&A where you send in a real estate question, about buying, selling, the market, or construction, and Jimmy Simien answers it directly, with no script.
It runs two ways: a weekly Q&A where Jimmy and Joe answer a question or two in a short segment, and a monthly live roundtable where up to 20 people join a video call and ask questions directly. You can send a question ahead of time or ask it live.
RSVP or Send Jimmy Your Question
Limited to 20 seats. Miss it? It joins the library below.
Ask Jimmy, by the Numbers
Two Ways to Participate
Ask Jimmy runs on two formats. You can follow one or both.
Weekly Q&A
Each episode is a short audio-and-video segment, answering submitted questions or covering a topic that matters in today's market for buyers and sellers.
Monthly Live Roundtable
Once a month, Jimmy hosts a live video call for up to 20 people. Attendees ask questions directly and get a detailed answer on camera.
How It Works
Send Your Question
Email or call in your question ahead of time, or bring it to a live session.
Join a Session
Join the monthly roundtable live, or listen to the weekly episode anytime.
Get an Answer
Jimmy answers your question directly, without a script.
Check the Library
Every session is recorded and added to the library below.
Questions From Episode 1
Real questions from the first Ask Jimmy session, answered here in full.
Price against homes that actually closed nearby in the last 60 to 90 days, not against what a neighbor is currently asking or what the market looked like a couple of years ago. Active listings show what sellers hope to get; recent closed sales show what buyers are actually paying, and that gap is what determines how a new listing gets received. A home priced against real, recent comparables typically draws stronger early interest than one tested at a hopeful number and marked down later.
Focus on the systems that are expensive to fix and hard to ignore, not the length of the report itself: roof condition, foundation, HVAC age, plumbing, electrical, and any sign of past water intrusion. In the Houston area specifically, HVAC systems run nearly year-round and foundations sit on expansive clay soil, so both deserve a closer look than they might elsewhere. In Texas, a buyer's real leverage here comes from the option period: while it's still open, you can request repairs, ask for a credit, or terminate the contract altogether, forfeiting only the (typically small) option fee rather than any real penalty.
A must-have affects safety, structure, or a major system: an active roof leak, foundation movement an engineer flags as active, failing HVAC, or an electrical hazard. A nice-to-have is everything you'd likely change anyway if you owned the home, like dated fixtures, cosmetic wear, or an older-but-functional appliance. Treating the second category as leverage tends to cost buyers goodwill in negotiations without moving the needle much on price.
Buyer closing costs typically run 2% to 5% of the purchase price, covering lender fees, title work, and prepaid taxes and insurance; Texas has no state transfer tax, which keeps that total a bit lower than in many other states. Sellers can also contribute toward a buyer's closing costs as part of an offer, capped at a dollar amount the contract specifies. The real limits on how that money gets used come from the buyer's lender, though: loan-program rules generally cap seller contributions as a percentage of the price and restrict them to legitimate settlement charges, never a buyer's down payment or cash back at closing.
Remove it. Paint applied directly over wallpaper tends to telegraph itself once humidity reaches the seams, especially in a Gulf Coast climate, and a buyer (or their inspector) who spots it starts wondering what else got a shortcut treatment. A clean, neutral repaint after removal is one of the more reliably cost-effective updates before listing, and it reads as genuine upkeep rather than a patch job.
Past Episodes
Every weekly episode and monthly roundtable will be archived here. Episode 1 is live now.

RSVP for Ask Jimmy or Send a Question
Send your question ahead of time, or let us know you'd like to join the next Live Roundtable. We'll email you the Zoom details ahead of the call.
Or call us directly at (281) 280-8675.
