Broker, agent, leader, and investor Jay Pitts breaks down what's making news in the world of real estate and what it means for the industry in this raw and unfiltered weekly podcast.
real estate market, certainly, local, great content, behind, opinions, looking forward, great show, business, conversations, easy, think, guys, love, always, listening, clicks subscribe button, jay and gabe.
Listeners of (RE)source that love the show mention:The (RE)source podcast is a fantastic resource for anyone interested in the real estate business. With practical advice and real talk about the industry, this podcast offers valuable insights and knowledge to help improve your real estate business. The hosts, Jay and Gabe, are incredibly knowledgeable and break down the Louisville market in an easy-to-understand way.
One of the best aspects of this podcast is the intelligent opinions shared about the local real estate market. Jay and Gabe provide thought-provoking insights that show they have taken the time to think things through and always prioritize upholding the law and Code of Ethics. Their expertise shines through in every episode, making it a great tool for agents in Louisville to stay up to date on current trends and topics.
Another standout feature of this podcast is the variety of topics covered. Whether you're a consumer, investor, or agent, there is something relevant for everyone. The hosts discuss content that appeals to all levels of experience, from those just starting out in the real estate business to seasoned veterans. Each episode offers valuable information that listeners can take away and apply to their own practices.
While there are many positive aspects of The (RE)source podcast, one potential downside is that it focuses mainly on the Louisville market. While this may be beneficial for local agents or those specifically interested in that area, it might not appeal as much to listeners outside of Louisville who are looking for broader insights into the real estate industry as a whole. However, even if you're not based in Louisville, there is still plenty of valuable information and practical advice shared throughout each episode.
In conclusion, The (RE)source podcast is highly recommended for anyone involved or interested in the real estate business. Jay and Gabe's expertise shines through as they provide practical advice and insights on a variety of topics related to the industry. Whether you're a beginner or seasoned professional, this podcast offers valuable knowledge that will help you improve your real estate business.
In this episode, we unpack the biggest shifts shaking up the real estate world right now. Why are mortgage rates continuing to climb—and what does it mean for buyers and sellers in 2025? We also dive into the buzz around Freddie Mac and Fannie Mae: is the federal conservatorship era finally ending, and what could it mean for lending standards? Plus, a surprising stat: the median age of homebuyers has jumped to 56. What's behind this dramatic shift, and what does it say about generational access to homeownership? We break down why Millennials and Gen Z do want to buy homes—but face steep affordability barriers. Lastly, we look at how Zillow's new listing access standards might streamline the buyer experience but create headaches for realtors. Tune in for insights, market context, and what you need to know to stay ahead in today's real estate landscape.
In this jam-packed episode, we kick things off with bold predictions for the upcoming UofL football season—how many wins can the Cards stack up? Then we shift gears to the greens for a quick dive into the PGA Championship and who we're watching closely. For our real estate listeners, we've got two must-hear segments: first, practical advice for realtors making the leap to a new state—how to hit the ground running, build a network fast, and avoid common pitfalls. Then we explore why former athletes often thrive in real estate, bringing a competitive edge and team mindset that sets them apart. We also break down the new tax bill just released by the House, including its massive proposed tax cuts and what it could mean for the market. Next, Jay gives Ryan parenting advice for his second son on the way, and we lighten things up with a fun draft of our final meals!
In this episode, we cover a lot—and we're not just talking about real estate. First, we dive into the fundamentals of investing in rental properties and why they remain one of the most reliable paths to passive income. Then, we switch gears to talk about how we personally unwind after long, chaotic days (spoiler: usually involves a bourbon on the rocks).We also read and react to the hilarious (and slightly unhinged) comments from our viral clip about 100 men vs. 1 gorilla. Plus, we take on the heated debate: could a scratch golfer actually make it on the PGA Tour with the right coaching and unlimited time?To wrap things up, we reflect on our brokerage's journey—breaking down what's fueled our growth over the past 6 years and what's ahead.
In this 100th episode special of the Jay Pitts Show, we kick things off with bold predictions for this year's Kentucky Derby winner. Then we pivot to the Louisville housing market for an insightful update on inventory trends. Next, we dive into a Broke Agent Media article claiming that more Americans are delaying or cancelling major purchases due to the economic ripple effects of rising tariffs. We also explore a major shift in the real estate industry: what happens as a wave of older agents retires, and how it could impact the business of working realtors. Finally, we lighten things up (sort of) by answering the internet's viral debate: Could 100 men defeat a gorilla in a fight? Our answers might surprise you.
In this episode, we dive into the biggest challenges facing new real estate agents over the next five years—and what you can do, not just to survive, but thrive. From striking the right balance between investing in your business and saving for the future, to staying organized amid the chaos of commissions, taxes, and marketing budgets, we're talking about the real behind-the-scenes hustle of building a lasting career. We also explore whether long-term investing or reinvesting back into your business is the smarter move for new agents just starting out. Plus, we weigh in on Zillow's recent ban on certain listings.Whether you're a brand-new agent or a few years in, this episode is packed with practical tips, financial insights, and a few laughs along the way.
In this episode, we dive into the latest market shake-up—stocks and bonds are both down, and we unpack what that means for mortgage rates moving forward. Plus, the U.S. has raised Canadian lumber duties to 34.45%. What impact could that have on housing prices and construction? We also explore how home buyers find and choose their agent, and dive into what today's buyers are really looking for in an agent. And to cap it off, we share our picks for The Masters and who we think has the edge this year on the green.
Managing money as a realtor isn't easy—Jay and Ryan break down the smartest ways to keep your finances in check. They also swap stories about their wildest celebrity encounters, react to GameStop's bold move to buy Bitcoin as a reserve asset, and unpack how NAR's latest MLS rule change could hurt sellers more than help them.
Jay and Ryan dive into the latest chaos in UofL basketball, break down the drama surrounding GLAR Day at the Races, and debate just how many yard signs realtors really go through. They also spotlight Scottie Scheffler's legendary Masters Champions Dinner, take a deep dive into how Zillow Flex operates, and expose the reality that realtors—not the general public—are Zillow's true customers. Buckle up for rants, insights, and plenty of industry hot takes!
Co-founder of ResiClub Lance Lambert shares misleading information about Zillow forcing realtors to push their Zillow leads to use Zillow Home Loans for their mortgage. How will the stock market pullback affect the housing market? Gary Vee believes that wealthier people are more unhappy. Jay and Ryan do a draft of their favorite things about March Madness.
This week on the Jay Pitts Show, Jay and Ryan discuss the demographic of people interviewing to join the brokerage and how it's different from previous years. Could the warmer weather affect the market and produce more listings? And why are there realtors who are still trying to take their own listing photos?
Jay and Ryan discuss what you should be doing to build your business this year and what should you NOT be doing, inflation comes in higher than expected, the median age of a renter skyrockets, and YouTube users are watching on their TV's now more than ever before.
This week, Jay and Ryan discuss which social media platform is the best for generating leads for realtors, how Trump's tariffs will affect the price of building new homes, when/if you should hire a virtual assistant to help grow your business, and comment on Gary Vee calling out bad real estate agents.
With the cold weather here to stay for a month, Jay and Ryan discuss winter prep advice for agents like how to put up a listing sign when the ground is frozen. Tik Tok was banned for less than a day, and now there's a 90-day extension. Trump introduces a new BitCoin competitor, Trump Coin. We end the episode with a mount rushmore of our favorite championships.
This week, Jay and Ryan discuss if real estate agents will be leaving the industry in mass this year and why, the possibility of medical debt being barred from affecting credit scores, and the TikTok ban.
Jay and Ryan reflect on their successes in 2024 and discuss their plans and goals for 2025.
This week we discuss bad advice realtors need to stop giving their clients, reminisce on our past deals, Jay's favorite sayings from his dad, and a draft of cold-weather alcoholic drinks.
This week, Jay and Ryan discuss why the DOJ might be hitting NAR with antitrust violations over the buyer representation agreements, Trump talking about privatizing Freddie and Fannie Mac, and which social media platform is better for lead generation: Facebook or Instagram?
On this episode of the Jay Pitts Show, Jay and Ryan advise on ways to market yourself and your business as a brand new agent, discuss Trump's plan to build houses on federal land, and Jay reveals his feelings on the National Association of Realtors and how your dues are being spent.
In this episode, Jay and Ryan open with a chat about RPP's annual grilled cheese fest held at the office. Then Jay shares a pivotal turning point in his life and how it impacted his business. Next, Ryan reads an article about how to reach $100K a month in your business. We also discuss essential leadership qualities for real estate brokerages and how they might change. And to top it off, we make our predictions for the highly anticipated Jake Paul vs. Mike Tyson fight.
On this week's episode, Jay and Ryan give advice on how to sell your home in the winter, why real estate agents have so much anxiety, BitCoin updates, the return of classic Louisville basketball with Pat Kelsey leading the way, and wrapping it up with a Thanksgiving food draft.
On this (late) Halloween episode, Ryan dresses up for the show, and they do a draft of the best Halloween candy. In real estate news, they discuss things real estate agents shouldn't be doing in regards to the "new" NAR settlement changes, a deep dive on how low inventory really is, and what buyers and sellers expect from their agents in 2025.
On this week's episode of the podcast, Jay and Ryan discuss why it's important to have a realtor involved in a transaction of a custom built home, the best (and worst) states to retire in, the E. coli outbreak at McDonald's with the Quarter Pounder, and wrap it up with a McDonald's menu draft.
This week on the podcast, Jay and Ryan talk about how and when to fire a client, Elon Musk's new Optimus robots, and UofL's basketball coach Pat Kelsey and his realtor walked into the wrong house for a showing.
This week Jay and Ryan discuss their morning routines, how realtors in states impacted by hurricanes Helene and Milton are affected amid homes being destroyed, what homebuyers expect from their real estate agent in 2024, and holidays.
On this week's episode, Jay and Ryan discuss the tragic impact of Hurricane Helene, the vice presidential debate and their plans (or lack thereof) for fixing the housing shortage, and when/how they will allow their kids to have access social media.
A new half-point rate cut from the Fed will make waves in the real estate world, Zillow Home Price shifts in 50 largest metro markets, GLAR dues increase and are now annual, today's 30 year old's are not hitting traditional milestones anymore, Jeff Bezos hides his identity to get a lower price on a mansion, and YouTubers KSI, Logan Paul and Mr. Beast team up to copy Lunchables with their new product, Lunchly.
In this episode, we take a moment to reflect on the significance of 9/11 and share personal stories of where we were when the towers fell. Next, we discuss the qualities and strategies that make a successful realtor in today's competitive market. On the tech front, we talk about the exciting release of the iPhone 16, and compare two popular wearable tech giants, the Apple Watch and Garmin.
Louisville has a serial porch pooper? FSU fan swears to eat dog poop if they lose. When should a buyer consider an adjustable versus fixed rate mortgage? Weird things agents need to bring to showings. The average length of homeownership has gone down.
Does Louisville really have the worst real estate market in America, or is it actually normal? And a company sells sunlight at night, which can be purchased all from your phone.
Commissions have officially been taken off of the MLS and representation agreements have been enforced as of this weekend. Jay talks about how this has affected the brokerage and his team. Jay and Ryan also discuss the news of Kamala Harris calling for 3 million new housing units, tax credits for first-time home buyers, and a subsidy for first-generation home buyers.
Some agents are upset about the NAR settlement changes that are coming into effect this week, and we're sick of hearing about it. We discuss how predicting what the future of real estate will look like with these changes is not productive, and how some of our stances on the settlement have changed. We also discuss the positives of offering a buy-side commission.
Ryan got his catalytic converter stolen while recording the podcast, and Jay clears up exclusive vs. non-exclusive buyer agency agreements.
Jay and Ryan answer some real estate would-you-rather questions, discuss the difference between aspirational and aggressive pricing when listing a home, U.S. homeowners are the strong hands this cycle, and what exactly is considered a fixture in a home.
Greater Louisville Association of Realtors finally released info on the DOJ decision and when the changes have to be implemented. Jay and Ryan discuss the changes and Jay's plan of action to still offer buyer's agents cooperating commission.
Rick Pitino is donating money to UK's sports teams, how to hide your buyer's identity when writing an offer, only 1% of agents make up 15% of home sales, and more would-you-rather questions.
On this week's episode of the Jay Pitts Show, Jay and Ryan talk about ways to save downtown Louisville, how real estate shows paint realtors in a bad light, and answer some fun would-you-rather questions.
Why is it important for agents to focus on listings right now more than ever? Why is housing affordability such a big problem for millennials and gen z? What's the hardest part about owning a business and having young kids? Why are kids these days not as well mannered? All of this and more on this week's episode of the Jay Pitts Show!*Sorry about the quality of the audio in this episode. We had some technical difficulties that will be fixed for the next episode.*
Jay and Ryan talk about Jay's trip to Spain, what's happening with DOJ's decision on realtor commissions and the NAR settlement, a GROSS story of what a broker did at a open house, and what type of beer they like best for certain locations.
This week, Jay and Ryan give tips to new homeowners about maintenance, taxes and more. Jay gives the best relationship advice that helped him during a stressful time in his life. Ryan discusses 7 "razors" or rules of thumb that simplify decision-making.
This week on the Jay Pitts Show, we're throwing it back to 2017 and our very first podcast episode ever to talk about all things Zillow. Everyone in the world of real estate has something to say about Zillow and the effect it has on markets around the country. Some say it's a sign of real estate's bright future (Jay might've predicted the future 7 years ago), other's say it will put yesterday's agents out of a job. Join industry expert Jay Pitts and Gabe Prewitt for a discussion on all things Zillow and what it means for YOU.
Breaking news from the DOJ saying they don't want seller's agents making offers of compensation to buyer's agents ever. Scottie Scheffler gets arrested in Louisville on the way to the PGA Championship for trying to go around a deadly accident. Will this hurt Louisville's chances of hosting the PGA again in the future? In parenting advice talk, we discuss what is the best gift to give your kids.
Jay and Ryan discuss when independent agents should think about starting their own team of agents, Meta's (expensive) new verification tiers, AI voices sounding just like a human, and more.
This week, Jay and Ryan discuss the Derby, the roast of Tom Brady, election turnout predictions, and what makes a good culture at a brokerage.
This week, Jay and Ryan discuss the non-exclusive touring agreement from Zillow in response to the NAR settlement and Jay rants about politics and the economy.
This week, Jay gives you a Louisville real estate market update, tips for social media success, and what to bring to a listing presentation.
This week, Jay and Ryan discuss addictions that keep real estate agents stuck and unsuccessful, more thoughts on the NAR settlement, the Masters, Louisville property taxes are rising, and the JCPS school busing problem.
On this week's episode, Jay talks about his time in Vegas at the Remax convention, mortgage rate jumps, the CPI report coming in hotter than expected, bit coin, and UofL found their new coach while UK is searching for a new one.
In this episode, we answer some questions about the NAR settlement and discuss how agents win through their own marketing.
What exactly is the NAR settlement about and how will this affect realtors and the real estate industry going forward? Tune in next week for part 2 of this episode where we do a Q&A for more information!
On this week's episode, Jay and Ryan discuss if pre-pandemic housing affordability will be possible again, builders are turning to shrinkflation, the firing of UofL basketball coach Kenny Payne, and the House passing a bill to ban tik tok.
This week, we talk about anxiety, appraisals, earnest money, the history of daylight savings time, fewer teens are getting their driver's licenses, and a rant about UofL basketball coaches.