Summary

On this week' s show, David is joined by Jordan Moorhead, a real estate agent/investor in Austin, TX who helps buyers and sellers in Austin and invests there himself. Jordan shares what’s going on locally, what the active to pending home sales ratio looks like, and what he’s doing to survive in the market as an agent while times are tough. David and Jordan tackle the economics of Austin, Texas - how to handle a career with constant highs and lows, and principles he learned as a child to help him stay humble when he’s making money and safe when he’s not. If you’re an agent who’s worried about what to do in a market with less transactions happening, this content is for you!

Chapters

00:00 Introduction to Real Estate Dynamics

02:00 The Rise of Austin's Real Estate Market

05:53 Market Corrections and Affordability Challenges

09:34 Navigating the Current Market Landscape

13:34 Building Resilience in Real Estate

17:30 Effective Time Management for Agents

21:13 The Importance of Being Useful in Real Estate

26:08 Adapting to Feedback and Growth

27:54 Learning from Mentors in Real Estate

29:23 The Importance of a Strong Foundation

30:44 Navigating a Competitive Market

31:40 Identifying Opportunities in Real Estate

33:44 New Builds vs. Fixer-Uppers

38:19 Strategies for Finding Fixer-Uppers

40:26 Writing Offers and Negotiation Tactics

44:48 The Future of Austin Real Estate

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