The Nerdy Agent Podcast

Welcome back to The Nerdy Agent Podcast with AJ, Luke, & Josh!

On August 15th, new marketplace changes will be taking effect. We dive into the key elements and shifts in approach that these contracts will cover. The team provides their insights into the changing market, and what agents and buyers can be on the look out for when it comes to these new documents and regulations.

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

On today's podcast we're going to be providing our experience and insights into how you can start down a path of building out your own real estate team. We'll walk you through how The Advisory started, how we think about team building, and different things you can consider whether you're brand new to building a team or trying to get your team to the next level!

Follow us on Instagram!

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

On today's podcast we're going to be doing an update on the commission lawsuit and provide an update on how things have progressed with the rollout of the new commission structure in the coming months. We'll also talk about ways agents, brokerages, and key industry players have started making adjustments to adapt to the coming changes and give our perspective on how we see things playing out.

Follow us on Instagram!

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

On today's podcast we're going to be doing an audio showing surrounding all things water and how to ensure it doesn't come into your home. We'll talk about how to effectively look at gutters while walking the exterior of the property, how to highlight any issues with grading, and what interior water mitigation components look like. We'll also provide you with insights into how each of the key things utilized to prevent water intrusion work and how you can best explain them to prospective clients!

Follow us on Instagram!

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

In today’s business segment we'll walk through the recent interest rate shifts and highlight the key components causing them. We'll discuss the jobs report, inflation data, and key economic factors that resulted in rate movement and provide our insights into how we think those things will continue to play out in the coming month. Lastly, we'll provide an overview of our real estate team and give you the reasons why we feel we are built to help agents have successful careers in real estate.

Follow us on Instagram!

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

In today’s business segment we'll break down the data compiled by a local transaction coordination partner outlining key offer components by month and compare how offers are looking in May vs how they've looked throughout 2024. We'll dive into the data to provide insights on what is happening in the market and give our thoughts on what you need to be doing as an agent at the moment to help your client have success!

Follow us on Instagram

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

In today’s business segment we'll walk through the key causes of the inventory shortage we're seeing in the marketplace and ideas on how they can be addresses. We'll walk through an overview of how long each homeowner is staying in their current home vs historic levels, discuss the impact to supply of investors (both individual and corporate investors), and break down how new construction levels have contributed to the lack of supply we have in the market. We'll also provide our thoughts on different programs that have been proposed to improve the situation and ideas we have to make it better!

Follow us on Instagram

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw

📈 In today’s business segment, we'll walk through the recent jump in interest rates and what the key drivers were of it. We'll talk through the recent CPI data, how that impacted rate activity, and what we anticipate the next 6-12 months to look like. We'll also break down how geopolitical uncertainty flows through to interest rates locally. Lastly, we'll give our thoughts on how interest rates will move in the future and advise you on how to have the right conversations with clients through the process! 💼

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In today’s segment, we'll do a refresher on the key points of the NAR settlement and potential changes to the commission structure of the industry. 📊 We'll also be walking you through how we approach conversations with our buyers and sellers and giving you scripts you can use to be the expert on everything that is happening! 🗣️✨

Follow us on Instagram:

-The Nerdy Agent - @thenerdyagent

- The Advisory Realty Group - @theadvisorymn

Check out our YouTube channel! 🎥👇

Visit our website to learn more about us! 🌟

www.theadvisorymn.com

In today's business segment 📊, we'll break down the recently announced buyer commission lawsuit 📝 and the changes that were agreed to for buyer's agent commissions moving forward. We'll provide an overview of the details of the settlement 🤝, go through some of the key questions that we are asking right now, and talk about how we think this will impact agents in the future 🔮. We'll also provide our thoughts 💭 on how best you can address this with your clients, friends, and family to ensure you set yourself up for success 🚀 in the transition.

Follow us on Instagram ⬇️ ⬇️

The Nerdy Agent Podcast - @thenerdyagent

The Advisory Realty Group - @theadvisorymn

Luke Pettersen - @pettyhomes

Josh Pettersen - @joshpettersen

Check out our YouTube channel!

https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw