Real Estate Overtime Podcast

Welcome to Real Estate Overtime.  I'm Josh Nastal with Homeowners Financial Group.  I'm Len Nevin with Realty Income Group.  Jason Hubbard with eXp Realty, Loyalty Home Group and ASAP Appraisal Services.  Well, hey, last time, let's jump right into it. We were talking about kind of a kind of a hodgepodge, actually, of stuff.  We were giving them a market update.  You guys gave some great information about buying,  Let me throw a new topic out to you guys today.  What do you think?  And this is for both of you, what are the top three things an agent needs to do right now to be successful in this market?  If you had to give advice to anyone listening out there?  Loaded or not, Yes or no? Also, it's it's not even about now. It's about always you know, first and foremost and I've said this for years, right.  If you don't have anybody to work with, you're out of business.  Right.  The hardest part about real estate is finding people to do it with.  I've been doing this for 20 years and I've never sold a house.  I can't force you to buy something you don't want.  You either like the house or you don't.  My job is I can point out the benefits, you know, the negatives.  Here's what needs to be done. Here's what you could do with it.  But at the end of the day, ultimately, you're the one writing the check for hundreds of thousands of dollars. Right.  So if I don't have people to work with, then I'm out of business.

Hey, everybody. Joshua Star here. Welcome to the real estate overtime. I'm here with Leon and Jason. Glad to be with you guys again. We're really stoked. We're going to launch right into a real estate market update and turn it over to you guys. Yeah, I love the beginning of the year. So we've traditionally looked at the spring market.

Mm hmm. And it's different for everybody, right? So, you know, originally, as I mentioned before, I originally started my real estate career selling real estate in Chicago. And right now in Chicago, it's frozen. It's cold. Nobody wants to go outside, let alone actually go and look at properties. In fact, this time of year, when we would show properties, we I'd bring like a big thermos of hot water to melt the lock boxes so I could get the keys out.

So just imagine that compared to, you know, where the T T-shirt being okay. Being outside right now is a pretty slow in the winter real estate wise in Illinois, it's a little bit slower than what we see here. You know, one thing that picks us up here is our snowbird activity, because we have a lot of 55 plus communities.

And so like us as a team, we're really busy working with a lot of out-of-state people as well as working with in-state people as well. So it's not just exclusive to the 55 plus communities. But that being said, one of the traditional statements that we would say is that our spring market, typically we would look at it would start to pick up a little bit in January, but after the Super Bowl, it would take off.

And when we look at what's going on already in January, we're already seeing that activity start to happen. And so if it's going to pick up even further and further and even faster, come after the Super Bowl, I would anticipate that we're going to have a pretty good spring. From a sales perspective, from a recovery perspective. The last nine months has been about our market adjusting to a higher interest rate.

We watched the rate, you know, we watched the inventory skyrocket and then it kind of dropped back down because this is a little image if we want. But we're seeing inventory level off right now and we're seeing rates kind of simultaneously dropping. So we're we're seeing higher activity. So that's kind of the overall. I fully agree with you about the spring.

And when I talk about some of the rates and inflation, that leads right into what you're saying, I think could be an explosion, honestly. Yeah. I mean, how many people for the last nine months were just on the sidelines waiting to see what happened? There's a huge pool of buyers that this was actually we're definitely we're definitely starting to see a change.

Welcome to our new podcast series where we bring together experts from the real estate industry to discuss the latest trends and insights in the world of buying and selling homes. In this episode, you will hear from a 20-year experienced realtor, a 20-year experienced lender and a 20-year experienced appraiser who will share their unique perspectives and knowledge on the real estate market. Whether you're a first-time homebuyer, a seasoned investor, or just curious about the housing market, this podcast is for you. Tune in to learn about the latest market trends, discover tips and strategies for buying and selling homes, and gain valuable insights on the home buying process. Don't forget to subscribe to our channel to never miss an episode!

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Today we talked about being the market expert again. Its at topic that cant be ignored. We HAVE to be the one who knows our industry. If our clients know more about our business than we do, we are doomed and will not be hired. We also discussed staying in touch with EVERYONE! If we dont, someone else will.

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Todays call covered being in charge of your database and staying on top of what is happening in the market. If you dont know the market, you cant help your clients. We also discussed that if there are transactions out there to be had on a daily basis - it is our job to be a part of the business vs crying at home because business is down. 

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.

Every day or team gets together for 30 minutes to discuss our business, our opportunities and sharpen our skills on how to better help your clients. Listen in to what goes on behind the scenes of a successful Real Estate sales team.