The Double Comma Club

Being competitive isn't strategic, it's a must. Competitive offer tactics can include:

• appraisal gap insurance

Here are some loan approval options to make your offer stand out.

1. Prequalification is the very first and most common step with online and box lenders. This is the bare minimum.

Sellers want the best experience selling so they can turn around and buy their next home. 

Tune in to this short and helpful episode. Learn more about this offer Nicole covers here >

While the economy roars back to life, real estate continues to be judged.

• The months of inventory is currently  .51 months for detached homes, and detached inventory is currently at .46 months.

We continue the Agent Ignite session with Dr. Bruce Lund as he helps us master the four-hour workday. Some of what he covers in this session includes knowing the difference between a promoter and an advocate. Understanding the levels of relationships in business: Connectors, climbers, somedays, aspirational, and experts. He has some actionable homework for you too. Get excited! Listen now.

Have you ever heard of the concept, "Eat the frog"? Eat the frog is basically, do the one thing that you really don't want to do first thing in the morning. So for a lot of us that is working out, and so I'm just a big believer. Here is a time system that works for success. Nicole's guest is Dr. Bruce Lund. He's here to get us started on the successful method of a four-hour work day by starting from the moment your feet hit the floor - the first 90 minutes, then going into the next 30 minutes.

Some of the point covered are:

Physical activity of some type, then move into the walk and talks later in the day after a light lunch.

Stimulating the mind by feeding it helpful information from people and resources you admire and trust, market stats you can share that will show you are of value to your followers and clients, inspirational tips, mediations.

Rely on people of influence rather than people of interest to inspire you. Get the ego out of it.

Practicing gratitude for at least 10 minutes a day. This can be making a list, or making a call.

Who is on your call list? Who is in your database? Take care of your time, your hear, body, mind and spirit by thinning out that list and putting them in the correct buckets.  You attracting high-maintenance people that commoditize you? They will ZAP you.

Listen to get the rest of the actionable items to take care of you, and then that will help you increase your success in all corners of your life.

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A bit about Dr. Bruce:

All top performers have a great coach, teacher, or mentor who holds them accountable to their goals and reaches their potential faster. Having coached thousands of salespeople over the past decade and helping build a multi-million dollar business, he knows this is especially true in the sales world. 

Because of these beliefs, he helps salespeople in commoditized industries increase productivity and double their production without the years and years of overwhelming frustration. 

Here's the quote that impacted me today. Courage doesn't always roar. Sometimes courage is the quiet voice at the end of the day saying, "I will try again tomorrow." I'm going to get up and I'm going to try again tomorrow. I loved this quote because some days you just feel so beaten down, but I actually love this quote right now from the perspective of the first-time homebuyer. It just really struck out at me because I know we've been working through trying to get those first-time homebuyers under contract. Especially the first-time homebuyers who are FHA or down payment assistance or minimum down, or don't have the money to do the appraisal gaps or put in over asking.

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Let's talk about what's being said in the news because of what is going on specifically in the market, the economy is getting stronger, inflation just came out higher. We expected that. Interest rates took a little dip.

My 23-year-old son was talking to one of his best friends who was trying to nudge him to buy Bitcoin a year ago. He didn't do it. I didn't do it either because he said, "Mom, you got to do this because they're talking about it." I'm like, "No, I don't believe in this." A year ago he put $10,000 in Bitcoin. That kid now has $200,000 and he's not alone. We need to dive into what that means for agents and lenders.

Listen to this fast-paced market update for real estate agents and lenders in the Denver Colorado area.

This is the one topic that has not only generated more calls to our office but to our agent clients, a crazy number of internet searches. People want to know - is the housing bubble about to hit? Let Nicole tell you how it is in Colorado. 

Fiction: an imminent collapse is coming.

Fiction: forbearance will lead to foreclosures, especially in Colorado.

Fact: Equity gain is our saving grace.

Fact: What's happening is leaps and bounds different than 2008.

Listen to this 10-minute episode to get the facts.

As part of the continuing Fact vs. Fiction series, Nicole talks about the facts and fiction of home loans. Listen to this 7-minute episode, play again until it sticks.

A preview:

Fact 1 - call your lender first

After hitting low historical interest rates 14 times last year, let's set the record straight. The first piece of fiction is that Rate is King. This is not always exactly as it appears. Oh, and the one using your house as a method to save interest rates on credit cards. Be smart. Then we move into the fiction of long-term real estate investments. 

A buy and hold strategy provides OPTIONS. But, just as with rates, options also bring misinformation, many times turning people away from a long-term wealth strategy that could open up possibilities for them and their families. Watch as I bust open some very common concerns that are fiction and go through why, even in today's market, real estate is queen.

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If you have ever been involved in a Real Estate transaction, you've dealt with Title. But what do we need to know about the title process and what should we ask our underwriters? Sima Patel from WFT National Title gives us pointers. Some of what she covers includes advice for those who have gone through bankruptcies or are buying a home from someone who has gone through BK, what you need to know about trusts, LLCs, and quick claim deeds to avoid legal disasters.

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Get to know Sima, in her own words:

People | Trust | Resource

We all know insurance is important, even though we hope to never use it. Because no one wants to pay $5,000 out of pocket when they could have been paying an extra $2 a month. Enter, the creative insurance agent. Unlike 30-40 years ago, insurance brokers can help you find the best value for money when it comes to your homeowner's policy and covering any investments you may have as well. 

I had the chance to sit down with Brandon Ridder of Goosehead Insurance to talk more about the importance of having a clear understanding of your coverage and what is crucial to know as a first-time homeowner and investor. 

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Some key points he made included:

• verify water back up coverage

Nicole Rueth

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