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55% Of Home Buyers Are Turning To Agents For THIS | Knowledge Brokers Podcast 021
Byron Lazine, Tom Toole, and Lisa Chinatti discuss mortgage rates rising amid debt ceiling talks, sacrifices buyers make to afford a down payment, the cost of online lead generation, and buyers turning to real estate agents for financing advice.
BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe
Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription!
Check out last week's Knowledge Brokers with George Ratiu: https://youtu.be/huACk8dLj0Y
Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1
Timestamps:
00:00–00:55 Intro
00:55 Takeaways from last week’s episode w/ George Ratiu (KCM Chief Economist)
05:38 55% of buyers turn to real estate agents for financing advice
11:27 53% of repeat buyers go back to their agent for financing questions
14:13 Different kinds & levels of knowledge needed by buyers in different environments
16:27 Ivy Zellman quote
17:18 AI and the next 10 years of the real estate industry
19:28 12% of buyers reports skipping meals to save enough for a down payment
20:52 “When will homes be affordable again?”
22:25 Market and interest rate reactions to the threat of default
25:26 Predictions on what will happen when a debt deal is struck
27:02 Why it’s so important to have daily conversations with (multiple) lenders
30:30 Plans for Memorial Day weekend
33:07 The high cost of online lead generation
Show Resources:
https://www.housingwire.com/articles/higher-mortgage-rates-wider-spreads-follow-debt-ceiling-impasse/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXZNOASUT0V6#cxrecs_s
https://nowbam.com/fannie-mae-is-the-bear-zillow-is-the-bull-how-to-talk-to-consumers-about-conflicting-home-prices/
https://www.zillow.com/research/buying-a-home-2023-32660/
—-------
BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka.
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Check out BAM: https://nowbam.com/
—----
Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/
#mortgagerates #housingmarket #realestatemarket
View all episodes
By BAM Media
4.7
4040 ratings
Byron Lazine, Tom Toole, and Lisa Chinatti discuss mortgage rates rising amid debt ceiling talks, sacrifices buyers make to afford a down payment, the cost of online lead generation, and buyers turning to real estate agents for financing advice.
BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe
Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription!
Check out last week's Knowledge Brokers with George Ratiu: https://youtu.be/huACk8dLj0Y
Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1
Timestamps:
00:00–00:55 Intro
00:55 Takeaways from last week’s episode w/ George Ratiu (KCM Chief Economist)
05:38 55% of buyers turn to real estate agents for financing advice
11:27 53% of repeat buyers go back to their agent for financing questions
14:13 Different kinds & levels of knowledge needed by buyers in different environments
16:27 Ivy Zellman quote
17:18 AI and the next 10 years of the real estate industry
19:28 12% of buyers reports skipping meals to save enough for a down payment
20:52 “When will homes be affordable again?”
22:25 Market and interest rate reactions to the threat of default
25:26 Predictions on what will happen when a debt deal is struck
27:02 Why it’s so important to have daily conversations with (multiple) lenders
30:30 Plans for Memorial Day weekend
33:07 The high cost of online lead generation
Show Resources:
https://www.housingwire.com/articles/higher-mortgage-rates-wider-spreads-follow-debt-ceiling-impasse/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXZNOASUT0V6#cxrecs_s
https://nowbam.com/fannie-mae-is-the-bear-zillow-is-the-bull-how-to-talk-to-consumers-about-conflicting-home-prices/
https://www.zillow.com/research/buying-a-home-2023-32660/
—-------
BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka.
Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate
Check out BAM: https://nowbam.com/
—----
Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/
#mortgagerates #housingmarket #realestatemarket
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