I feel like all we talk about anymore is the Federal Reserve's monetary policy and what's going to happen with rates and inventory, because it's that big of a deal. 👀

We're seeing something that we haven't seen in a very long time with this extremely volatile mortgage rate in environment. 📊

➡️ From a rate increase, inflation observations, and an increase in inventory, banking changes and more...

...Tune into episode 315 of Tom's Take for some economic indicators that just came out and what they mean for buyers and sellers! 👏

🎥 Missed episodes 1-314? visit here: http://bit.ly/TomsTakeChannel

#TomsTake #TTSG #FedMeeting #VolatileMarket #TomTooleSalesGroup

🆕 Stay up to date on all the latest topics while Tom Toole, Sarah Tymon and Stacey Mitchell give our community a place to learn about the real estate market and industry trends on Toole Time Real Estate Radio... ⏰

👀 Tune in LIVE on WWDB-AM 860 and the Tom Toole Sales Group Facebook page EVERY TUESDAY @3:00PM! 🎙

👉 This weeks topic recap:

🏦 • Bank failures impact on housing

😳 • Seller regrets when choosing an agent

⭐️ • Andrew Undem from Sure Sales Group at Berkshire Hathaway

Catch the full episode of #TooleTime here​ ➡️

http://bit.ly/TooleTime

Amazing agent on our team Paul Harootunian just did what a lot of people say they want to do more of...

...Sell luxury real estate! 👀

Sale prices above $1,000,000 make up barely over 4% of the market in suburban Philadelphia. 📉

Paul recently closed a $2 million deal after having this lead for 4 YEARS! ✨

Tune into episode 255 of Agent Hacks to learn what steps Paul took, how he communicated with the co-op agent, how he nurtured and guided his clients through the process and ultimately secured the sale! 👏

#AgentHacks #TheBestAgentHacks #TTSG

Silicon Valley Bank and Signature Bank failed last Friday. 👀

Obviously when you hear bank failures, there's some fear, there's anxiety of a flash back to 2008 when we saw a lot of financial institutions have major issues. 👎

We've already seen that these failures cause the 30 year fixed rate to come down pretty dramatically into the 6.25% range as of Monday versus north of 7% at the end of the day on Friday. 📉

These banks are invested heavily in crypto VC and tech startups and bonds, all risky investments. 😳

What does this mean for the housing market? How will this affect loans? 🏡

Tune into episode 314 of Tom's Take for a breakdown of everything!

As always, reach out with any questions! We are happy to be your guide! 📲

🎥 Missed episodes 1-313? visit here: http://bit.ly/TomsTakeChannel

#TomsTake #TTSG #SiliconValleyBank #BankFailures #TomTooleSalesGroup

🆕 Stay up to date on all the latest topics while Tom Toole, Sarah Tymon and Stacey Mitchell give our community a place to learn about the real estate market and industry trends on Toole Time Real Estate Radio... ⏰

👀 Tune in LIVE on WWDB-AM 860 and the Tom Toole Sales Group Facebook page EVERY TUESDAY @3:00PM! 🎙

👉 This weeks topic recap:

📊 • The 3 pronged housing market challenge

😳 • Buyer’s remorse in real estate

👏 • Back to basics….

Catch the full episode of #TooleTime here​ ➡️

http://bit.ly/TooleTime

It's the process of moving someone from a prospect to an actual client.

No matter where you are with the client or prospect, never end the conversation without getting a commitment for the next time you're going to be speaking.

This is something that many agents forget about. They say, I'll text you, I'll let you know. Sometimes I'll follow up later. That doesn't cut it.

Tune into episode 254 of Agent Hacks to learn the 3 things the next appointment will do for your business, and a strategy to help them through their experience and through the funnel.

Mortgage rates are at around 7%. 👀 The last time we saw rates as high was back in October. And before that, it had been a very long time before rates even came close to 7%. 📊

The Fed plans on continuing to raise the key interest rate.

These rates won't be coming down any time soon, but it's likely we're going to see rates go lower later in the year. 📆

🤔 So there's decisions to make for buyers and sellers right now.

Tune into episode 313 of Tom's Take some real data and a process to navigate your experience and see what's going to make the most sense. 👏

As always, reach out with any questions! We are happy to be your guide! 📲

🎥 Missed episodes 1-312? visit here: http://bit.ly/TomsTakeChannel

#TomsTake #TTSG #MortgageRateIncrease #WhatNext #TomTooleSalesGroup

=Stay up to date on all the latest topics while Tom Toole, Sarah Tymon and Stacey Mitchell give our community a place to learn about the real estate market and industry trends on Toole Time Real Estate Radio...

Tune in LIVE on WWDB-AM 860 and the Tom Toole Sales Group Facebook page EVERY TUESDAY @3:00PM!

This weeks topic recap:

• Housing market

• The fed screwed up

• We answer the most Googled questions about Real Estate

Catch the full episode of #TooleTime here​

http://bit.ly/TooleTime

What you say to consumers matters more than ever. 💬

We're coming off a very volatile eight weeks in the housing market where we've seen the ten year yield go up and down by a full point on either end of the spectrum. 📊

We're seeing interest rates approaching 7%. Again, we're seeing inventory decline. We're seeing all these things happen economically. 👀

There's a lot of uncertainty that's out there.

Present all the facts, know the data and present it in a way that shows empathy and shows the seller or the buyer, you're ready to be their guide.❤️

Tune into episode 253 of Agent Hacks for some great ways to flip the script, show empathy and keep these buyers and sellers moving through the process. 👏

That's how you win in the current marketplace.

#TheBestAgentHacks #AgentHacks #TTSG

Mortgage rates are up ⬆️ Purchase applications are down ⬇️

We're coming off one of the most volatile weeks in the housing market and probably the most volatile 60 days of the housing market that I've seen in two decades. 👀

Tune into episode 312 of Tom's Take for complete break down of everything that's happening and then what that means if you're a seller or a buyer. 🏡

🎥 Missed episodes 1-311? visit here: http://bit.ly/TomsTakeChannel

#TomsTake #TTSG #MortgageRateVolatility #TomTooleSalesGroup