Getting the right information, at the right time, isn't that what its all about ?

An abundance of really smart people have been reaching out lately.

They aren't looking for explanations on "what just happened with the NAR Settlement.

They are looking at strategies for what happens next.

Did I mention these are really smart people, asking great questions?

There are opportunities in every market, and this might be a BIG one

While some Realtors Went a Little Crazy since the NAR Settlement was announced,  The Rest of The World Just Yawned. Literally just yawned.

Aside from a few news outlets, that are attempting some click bait stories, the news world has moved quickly to other more critical topics

My suspicion is that other than some realtors continuing to drag out this discussion, as opposed to focusing on the solutions needed, this topic will fade away just as quickly as it showed up.

Every industry has a moment where things change abruptly, and this is just one more example.

We are looking forward to focusing on the topics that matter most in the weeks ahead

Enjoy this episode and a few humorous takes that I have shared.

NAR Settlement $418 Million is sending shockwaves throughout the Real Estate Industry.

Things just changed forever,  Right ?

Well yes, no, and not so fast...

I believe that a menu of options will immediately become more readily available to consumers

But those options we always avaialable.

Consumers will seem them on marketing materials more often, which isn't necessarily a bad thing

The industry will see a big shift in fundamental knowledge and skills ratcheting up

And consumers will become even more reliant on personal and online reviews

to choose how much representation they want and by whom

Its seem that most industries have had a moment like this on the last 5-10 years

Looking back, we have seen moments like this throughout history

Real Estate just happens to be the industry feeling it the most right now

Home sellers have been terrified for many years to put their homes on the market. The worry comes from the fact that homes were selling in a nano second. That has changed. As see more and more homes hit the market, sellers are more willing to list thier properties for sale

There is an insurance issue raging through condo markets that could change the values of some units in developments that are under insured and/or unable to make pay for necessary repairs of roofs and balconies. 

Tune in for our take on what all of this means to you

Special assessments in condos are beginning to affect condo values. They are mainly occuring due to increases in the requirements by insurance companies. Roof and balconies are being repaired/replaced much sooner than the end of their useful lifespan.

Some condos reserve funds are depleted, and the cost it big ticket items either needed to be financed or divided among the individual unit owners. Since not every owner has enough liquidity to pay for these impending special assessment, some owners may sell at a reduced price to get out from underneath the debt obligations. Tune in for the down and dirty details

We got a curveball when interest rates didn't drop as anticipated. Not so surprisingly, there wasn't much of a negative reaction from consumers. At this point, home shoppers are not stopping their purchases over a quarter point.

Inventory has been growing in many markets, and this has contributed to homes buyers moving forward without  much complaint. 

At the end we share a few thoughts on new consturction and how home buyers and sellers are selecting the real estate professionals

We have reached a milestone. We heard that only about 6% of all podcasts make it to

Episode #100. In celebration and gratitude of this moment, this is my memo to real estate industry professionals. Lets Be Better this year...and every year in the future

The game has changed for Real Estate sales professionals. The easy sales have gone away, and now the top 10% of agents , and real estate teams are poised to dominate in 2024.  Fundamentals have weakened over the past few years, and now those that have been committed to honing their craft are seeing a huge payback for their dedication to the details that matter to consumers. Competition is stronger than ever, and the end result is a better consumer experience in the home sales process.

Tax Season has always had an effect on the real estate market. Today we discuss the reasons that it might be easier, or harder to get mortgages approved for home buyers.

Self employed borrowers - We have some insight for you, and a simple strategy to ease you through the qualifying process.

As housing investory rises, and interest rates steadily decrease, there will be massive opportunity for home sellers that have terrified to put their homes on the market in recent years.

Let us know how you feel about the direction of the real estate market.

This week we discuss the 4 biggest things that will affect the 2024 Real Estate Market. We go deep on the inventory levels, interest rates, market movement conditions, and wrap it up with some short term rental profit rumblings.