Byron Lazine and Nicole White discuss homebuyers paying thousands up front to buy down their mortgage rate, three effective ways to spend $3,000 on your real estate business, and the test run of Biden’s reelection message in today’s State of the Union address.

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Connect with Nicole White:

https://www.instagram.com/nicolewhite.ct/

This episode's sources:

https://www.inman.com/2023/02/07/most-homebuyers-forking-out-big-bucks-to-buy-down-mortgage-rate/

https://www.realestatenews.com/2023/02/04/have-usd3000-here-are-3-ways-to-spend-it-on-your-business

https://www.cnn.com/2023/02/07/politics/president-biden-state-of-the-union-2023/index.html

Timestamps:

00:00–00:52 Intro

00:52 Topic #1: Most homebuyers forking out big bucks to buy down mortgage rate

03:25 Why does it make sense right now to buy down the mortgage rate?

11:57 Topic #2: 3 Ways to spend $3,000 on your real estate business

12:22 #1: Prospecting for new leads

13:32 Wake up call for agents & the best use for that $3K to get more leads

16:11 #2: Nurturing relationships with clients

18:10 What to do if you don’t have past clients: buyer seminars

20:02 #3 Upgrading your tech

21:36 “This is the biggest racket I’ve heard in a long time.”

22:43 Left, Middle, Right: Biden’s test run reelection message in his State of the Union address

23:30 Get the transcript to hear what Biden says on housing, curbing inflation, jobs, etc.

27:00 Get your free copy of BAM’s new ebook: AI Tools for Real Estate Agents

#mortgagerates #homebuyers #realestatepodcast