We discussed the settlements 30ish days in, some of the struggles as we all adapt, how Nest has acted moving forward, the value of experience and practice, single agent dual agency, and staying true to our strengths, client and Realtor relationships, and the perspective of "better" or "worse" as decouple commissions are the new reality. 

This week, we were joined by Jonathan Miller, President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm based in NYC. We covered a lot of ground - transparency in light of the NAR settlement, how long it might take to find the needed market equilibrium, the magic interest rate number that will open up the market and the offset effect cash buyers, the coming homeowners insurance market crisis, unemployment, and the lack of a "national" market.

Hey Everybody - we are taking a short break this week and next. We are planning on what the second half of the year looks like for Nest Realty and Sweat The Details. We'll see you all very soon!

This week, Jim and Keith talk about where they seek and find inspiration for knowledge and creativity when advising clients and agents, and for writing and learning.

We welcomed Danushka Nanayakkara, an economist with the National Association of Homebuilders.

We talked about home sales, builder confidence, what builders pay in interest when they are building, acquisition & development, building for rent, square footage of new homes, what homebuyers want, the mortgage rate lock-in effect, population and immigration.
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We talked about several topics this week, from experiences and  admiration of Jason Fried of 37 Signals and Brian Chesky of AirBnB (recent podcast with him on Adam Grant's show), the value of great representation in the face of AI, print collateral’s true value, and what some of the coming changes may mean to consumers and agents.

Hey everyone - we had an issue when we published this episode. We have reloaded it with fixed audio at the end. Thanks and enjoy the listen!

We hope you enjoy the conversation we had with Brian Boero from 1000 Watt.  We touch on the proposed settlement, humanity, showing value, and the tremendous opportunities as we enter this new real estate era.

1000watt.net

Hey everyone. this is Jim Duncan with sweat the details by nest realty. This week, we were joined by a longtime friend, Greg Fischer of West + Main homes, based in Colorado and Oregon. Greg was one of our earliest guests - all the way back in December 2019. Greg is always a great conversation, and Jonathan, Keith and I are thankful for Greg joining us again. Make sure to stick around for Greg’s detail that he sweats — it’s a great and meaningful one for real estate industry.

Hey everyone. this is Jim Duncan with sweat the details by nest realty. We talked with Lance Lambert from ResiClub. We’ve read Lance’s stuff for years, and were excited to talk to him about ResiClub. A quick skim of the ResiClub page right now is a great snapshot of what ResiClub ResiClub - Zillow’s home price forecast, commute time and pre-pandemic levels, home price changes across this US in 6 interactive maps -- every story is a good one.

Noted stories:

Switching Costs

Smaller new construction homes?

Chart showing home price changes in 6 interactive charts