In episode 15 of The Real Talk, Raquel Ramirez is joined by Carlos Gutierrez, a broker associate and past president of the Miami Association of Realtors. They discuss whether or not it is a good time to buy real estate, a question that is often asked by potential buyers. Raquel and Carlos also emphasize the importance of looking at real estate appreciation from a long-term perspective and not solely focusing on short-term gains.

Tune in for their honest opinions and valuable advice on navigating the current real estate landscape.

TIMESTAMPS

[00:05:43] The Best Time to Buy.

[00:08:34] Supply and Demand Dynamics.

[00:17:41] AI and the Future.

[00:20:13] Investing in Real Estate.

[00:23:23] Cost of Living and Mortgages.

[00:33:23] Homestead Exemption and Protection.

[00:39:45] Competitive Real Estate Market.

[00:42:07] Lack of Protection in Commercial Real Estate.

In this episode, the supply and demand of homes on the market play a significant role in driving prices. The availability and abundance of homes determine property prices. If there is a shortage of homes on the market, prices are likely to remain high or even continue to appreciate. However, they specifically highlight the limited inventory of homes as a key factor preventing significant price drops.

Furthermore, Raquel Ramirez and Carlos Gutierrez underscore the intense competitiveness of the industry they work in, acknowledging that most listeners may not fully grasp its level of competition. While they do not wish to sound like they are complaining, they believe it is crucial to highlight the industry's cutthroat nature. Their experience in handling grievances and arbitration provides them with a competitive advantage in this ruthless industry. This firsthand experience enables them to work proactively and avoid the distressing situations that set them apart and enable them to better serve their clients.

QUOTES

• "There are two ways to build wealth in the United States. One is to inherit it. And the second is to build equity through real estate." - Carlos Gutierrez
• "Maybe you can bring them on in another deal, or maybe you can help them in another way but don't feel obligated to hire somebody that could easily get you into a lot of trouble." - Raquel Ramirez
• "You have to always do what's right by the person you are representing." - Raquel Ramirez
• “..you can trust me to know that I've done this enough and I've done it carefully enough to understand how to keep you out of trouble.” - Carlos Gutierrez

SOCIAL MEDIA LINKS

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LinkedIn:  https://www.linkedin.com/in/raquel-ramirez/