Jay Pitts Show - (RE)source

This week on the podcast, Jay and Ryan talk about how and when to fire a client, Elon Musk's new Optimus robots, and UofL's basketball coach Pat Kelsey and his realtor walked into the wrong house for a showing.

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This week Jay and Ryan discuss their morning routines, how realtors in states impacted by hurricanes Helene and Milton are affected amid homes being destroyed, what homebuyers expect from their real estate agent in 2024, and holidays.

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On this week's episode, Jay and Ryan discuss the tragic impact of Hurricane Helene, the vice presidential debate and their plans (or lack thereof) for fixing the housing shortage, and when/how they will allow their kids to have access social media.

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A new half-point rate cut from the Fed will make waves in the real estate world,  Zillow Home Price shifts in 50 largest metro markets, GLAR dues increase and are now annual, today's 30 year old's are not hitting traditional milestones anymore,  Jeff Bezos hides his identity to get a lower price on a mansion, and YouTubers KSI, Logan Paul and Mr. Beast team up to copy Lunchables with their new product, Lunchly.

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In this episode, we take a moment to reflect on the significance of 9/11 and share personal stories of where we were when the towers fell. Next, we discuss the qualities and strategies that make a successful realtor in today's competitive market. On the tech front, we talk about the exciting release of the iPhone 16, and compare two popular wearable tech giants, the Apple Watch and Garmin.

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Louisville has a serial porch pooper? FSU fan swears to eat dog poop if they lose. When should a buyer consider an adjustable versus fixed rate mortgage? Weird things agents need to bring to showings. The average length of homeownership has gone down.

 

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Does Louisville really have the worst real estate market in America, or is it actually normal? And a company sells sunlight at night, which can be purchased all from your phone.

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Commissions have officially been taken off of the MLS and representation agreements have been enforced as of this weekend. Jay talks about how this has affected the brokerage and his team. Jay and Ryan also discuss the news of Kamala Harris calling for 3 million new housing units, tax credits for first-time home buyers, and a subsidy for first-generation home buyers.

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Some agents are upset about the NAR settlement changes that are coming into effect this week, and we're sick of hearing about it. We discuss how predicting what the future of real estate will look like with these changes is not productive, and how some of our stances on the settlement have changed. We also discuss the positives of offering a buy-side commission. 

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Ryan got his catalytic converter stolen while recording the podcast, and Jay clears up exclusive vs. non-exclusive buyer agency agreements.

Submit your questions for Jay and Ryan to answer on the podcast here!