Podcasts about brokerage

Alyson is in her 6th year of real estate. She is an individual agent with Keller Williams in Milwaukee, WI. In 2021, she sold 45 homes ($12 Million in volume) and in 2020, 48 homes ($11.8 Million in volume). Prior to selling real estate, Alyson worked for a title company for 5 years. This prepared her in knowing how to get to the closing table seamlessly, every single time. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Alyson is in her 6th year of real estate. She is an individual agent with Keller Williams in Milwaukee, WI. In 2021, she sold 45 homes ($12 Million in volume) and in 2020, 48 homes ($11.8 Million in volume). Prior to selling real estate, Alyson worked for a title company for 5 years. This prepared her in knowing how to get to the closing table seamlessly, every single time. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

4 years in the business as of March 1st, 2nd year 12 million, 3rd year over 13 million and this year projecting 20 million. 42 transactions in 2021 and most of my business is referral based. Solo agent with an awesome TC and I mentor 3 to 4 new agents at a time. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Steve's background in real estate and what his career's path has been like Changes that our industry has went through and the impact they have on our industry now Opportunities in our current market The role technology plays in our industry Ways realtors can run a successful brokerage What he's learned from some of the top producing brokerages in the country How and where brokers can best compete in the new landscape

https://tribus.captivate.fm/ (Enjoying Brokerage Insider? Please Subscribe Using Your Favorite Podcast Player.) TRIBUS CEO Eric Stegemann discusses the brand new season of Brokerage Insider. Meet the new host of the show, Director of Coaching, Johnny Pfeiffer and see who he has on tap to interview over the coming weeks.

4 years in the business as of March 1st, 2nd year 12 million, 3rd year over 13 million and this year projecting 20 million. 42 transactions in 2021 and most of my business is referral based. Solo agent with an awesome TC and I mentor 3 to 4 new agents at a time. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Today's RealTrending podcast features Bobby Bryant, CEO and co-founder of Doss, a real estate brokerage and technology company that offers a flex model and an artificial intelligence assistant. Doss is a Google Start Up company and recently received funding from Amazon, as well.This episode is sponsored by Keeping Current Matters. Keeping Current Matters makes it easy to be the market expert so you can spend more time on what matters most: your clients. Check them out here.

The most hilarious podcast I've ever recorded! Gabe takes his business seriously, but does not take himself too seriously. This becomes evident as he discusses his own experiencing working through the franchise opportunity research process with FranNet.A Hurrdat Media Production. Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network and learn more about our other services today on HurrdatMedia.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's RealTrending podcast features Bobby Bryant, CEO and co-founder of Doss, a real estate brokerage and technology company that offers a flex model and an artificial intelligence assistant. Doss is a Google Start Up company and recently received funding from Amazon, as well.This episode is sponsored by Keeping Current Matters. Keeping Current Matters makes it easy to be the market expert so you can spend more time on what matters most: your clients. Check them out here.

4 years in the business as of March 1st, 2nd year 12 million, 3rd year over 13 million and this year projecting 20 million. 42 transactions in 2021 and most of my business is referral based. Solo agent with an awesome TC and I mentor 3 to 4 new agents at a time. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

In this week's CIO Weekly Investment Outlook podcast, the Private Bank's Chief Investment Officer in EMEA, Zeynep Ozturk makes her podcasting debut as she looks back at a week where “hawkish” central banks around the world tightened policy following the U.S. Federal Reserve's decision to raise rates by 0.75 percentage points. Tune in as Zeynep describes how this policy action might impact the markets in the week ahead, including a discussion on Italian elections and the scrapping of quarantine measures in Hong Kong! For more investing insights, please visit www.deutschewealth.com In Europe, Middle East and Africa as well as in Asia Pacific this material is considered marketing material, but this is not the case in the U.S. No assurance can be given that any forecast or target can be achieved. Forecasts are based on assumptions, estimates, opinions and hypothetical models which may prove to be incorrect. Past performance is not indicative of future returns. Performance refers to a nominal value based on price gains/losses and does not take into account inflation. Inflation will have a negative impact on the purchasing power of this nominal monetary value. Depending on the current level of inflation, this may lead to a real loss in value, even if the nominal performance of the investment is positive. Investments come with risk. The value of an investment can fall as well as rise and you might not get back the amount originally invested at any point in time. Your capital may be at risk. The services described in this podcast are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation. Deutsche Bank AG is subject to comprehensive supervision by the European Central Bank (“ECB”), by Germany's Federal Financial Supervisory Authority (BaFin) and by Germany's central bank (“Deutsche Bundesbank”). Brokerage services in the United States are offered through Deutsche Bank Securities Inc., a broker-dealer and registered investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. Lending and banking services in the United States are offered through Deutsche Bank Trust Company Americas, member FDIC, and other members of the Deutsche Bank Group. The products, services, information and/or materials referred to within this podcast may not be available for residents of certain jurisdictions. © 2022 Deutsche Bank AG and/or its subsidiaries. All rights reserved. This podcast may not be used, reproduced, copied or modified without the written consent of Deutsche Bank AG. 030620 030121

6 Years in Real Estate. Host of a National TV Show "Selling Nashville. Powered by The American Dream". Top 1% in Greater Nashville. Coach, Trainer, Investor. Focusing on residential real estate in Nashville and second home/investment vacation rentals in Gatlinburg/Pigeon Forge TN and 30A in Santa Rosa Beach, Florida. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

6 Years in Real Estate. Host of a National TV Show "Selling Nashville. Powered by The American Dream". Top 1% in Greater Nashville. Coach, Trainer, Investor. Focusing on residential real estate in Nashville and second home/investment vacation rentals in Gatlinburg/Pigeon Forge TN and 30A in Santa Rosa Beach, Florida. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

6 Years in Real Estate. Host of a National TV Show "Selling Nashville. Powered by The American Dream". Top 1% in Greater Nashville. Coach, Trainer, Investor. Focusing on residential real estate in Nashville and second home/investment vacation rentals in Gatlinburg/Pigeon Forge TN and 30A in Santa Rosa Beach, Florida. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

6 Years In Real Estate, Principal Broker/Owner In TN, VA,NC Investor, Entrepreneur [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

You had your property on the market for 6 months and it was shown often but no offers. You really liked your broker or maybe you're not sure if you liked your broker because they didn't sell your property. You take it off the market to reconsider which direction you want to go. Should you list with the same brokerage? Or look for a new agent to represent your sale? Today we are talking about this often discussed logic we hear from sellers who we meet when we ask well what happened with your last broker?  The number one reason properties don't sell is price. So while the presentation of how you market a property is very important and the online presence is as well nothing is more important than price. If your property is not selling you have to ask yourself the hard question of is it my broker or are my unrealistic expectations holding me back from moving on.   Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content. Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss. Not moving in or out of NYC but looking for help? Contact us!  We work with a large network of agents and we will help you find the perfect broad (or bro) to help.

In this episode of HWS, Im taking it back to the basic to talk about how simple it is to open a brokerage account and the 3 different accounts that I utilize to generate wealth. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

This WealthWednesday we discuss the difference between 401k's, IRA's, and the Taxable Brokerage Account and how to invest in these accounts to build wealth.

6 Years In Real Estate, Principal Broker/Owner In TN, VA,NC Investor, Entrepreneur [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

THIS.. IS BOB'S WORLD.. GOOD MORNING I'M BOB WELCH.. SOME STORIES ARE PRICELESS.. SOME STORIES COMPLEX AND WHICH NEED MORE TIME THAN THE TYPICAL RADIO STATION CAN CARVE OUT TO TELL THEM… THAT'S WHERE THIS MORNING'S STORY COMES IN. THIS IS A FINANCIAL STORY..WHICH CAUGHT MY ATTENTION WE'LL CONNECT THE DOTS FOR YOU IN A MINUTE. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/bobwelch/message

Former fitness-club manager Morgan Owen has been busy whipping home loans into shape for her clients ever since opening her own brokerage.  In this episode of Elite Broker, we catch up with the Victoria-based broker to find out why she lunged from the fitness industry to broking, how she runs her fully female brokerage, and how she's been getting over imposter syndrome. Tune in to find out: Why she made the leap into broking Her advice to those starting out Her top fitness tips And much more!

6 Years In Real Estate, Principal Broker/Owner In TN, VA,NC Investor, Entrepreneur [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

23 Years In Real Estate. 6 Years As A Broker Owner. Grew Brokerage To 125 Agents In 6 Years. 4th Person In My Immediate Family To Be A Realtor. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Jennifer Gruenke became an accidental Francophile when she had an opportunity to spend a month in France through a Rotary Club exchange program in her twenties. This program took her through the heartland of France with cities like Montluçon, Saint-Julien, Périgueux, Rodez, Aurillac, Le Puy-en-Velay, and Anvers. This was a long time ago, and she enjoyed it so much that she learned French using cassette tapes! On her first trip to France, Jennifer found French people open and welcoming. She finds that is still the case today. She realized that while average French people don't have as much money as the average American; they take the time to enjoy a simple life. That appealed to her a great deal. She earned enough to retire early, sold everything, and moved to Paris with two large suitcases. She's now been in Paris for a year and she plans to stay because she loves both the lifestyle and the city. Her story will give encouragement to folks who aren't wealthy but would love to enjoy living a simple life in Paris. Jennifer shares the names of companies that helped her move successfully. Among them Interactive Brokers (to move money around with low fees), Mondassure (for health insurance), and LCL (but she could not make any French on-line bank accept her as a customer as she explains in the episode).   Table of Contents for 'An Accidental Francophile Moves to Paris' with links to the text transcript   [00:00:00] Intro [00:00:36] Today on the podcast [00:01:09] Podcast supporters [00:01:28] Join Us in France Newsletter [00:03:16] Accidental Francophile [00:04:03] Exchange Program and Trip [00:04:50] Learning French [00:06:27] Arrived in France with Stereotypical Ideas [00:07:45] Montluçon [00:08:47] Aligot [00:09:22] Anvers [00:09:51] La France Profonde [00:10:48] People are Hospitable [00:13:03] Joining Associations Helps [00:14:33] Conversation Exchange [00:16:02] How did the move happen? [00:16:27] Making money from the housing market [00:18:56] Applied for a visitor visa first [00:20:15] The cost to get a visa [00:21:27] Necessary income to live in France [00:22:40] In Paris, rent is the biggest expense [00:23:12] Lodging [00:24:17] You need local pros to help with rentals [00:25:38] The first apartment [00:26:51] Found a better studio apartment [00:29:05] An small apartment in Paris can be as much as a house in the French countryside [00:30:07] Keeping a US phone number with Google Voice [00:33:11] Banking and getting a French bank account [00:34:07] Opening account with N26 [00:34:59] LCL Bank [00:36:40] Brokerage [00:40:09] Cost of healthcare [00:40:14] The cost of healthcare in France [00:40:17] Marker [00:42:25] Why French doctors are so cheap compared to American doctors [00:43:08] What Americans pay to get into the French healthcare system [00:44:04] Is France an Expensive Place to Live? [00:44:35] Season fruit is not so good at Lidl [00:46:02] What happens when the tourist visa expires? [00:47:25] Does she intend to stay for several years? [00:51:29] Thank you, patrons[00:51:29] Outro [00:52:12] Bootcamp and Patreon [00:52:25] Elyse's Patreon [00:53:15] Preparing a trip to France? [00:54:36] Self-guided tours [00:55:06] Travel News – Weekend du Patrimoine 2022 [00:56:20] No cars allowed in Paris weekend [00:57:27] Jean-Luc Godard [00:59:04] Personal Update [01:00:22] Something wonderful and unexpected [01:01:38] Show notes More episodes about Moving to France FOLLOW US ON: Email | Facebook | Instagram | Pinterest | Twitter

23 Years In Real Estate. 6 Years As A Broker Owner. Grew Brokerage To 125 Agents In 6 Years. 4th Person In My Immediate Family To Be A Realtor. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

23 Years In Real Estate. 6 Years As A Broker Owner. Grew Brokerage To 125 Agents In 6 Years. 4th Person In My Immediate Family To Be A Realtor. [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

After 12 years, I closed my real estate brokerage and joined Real Brokerage. In this interview  with Colton Lindsay, we discuss why I joined Real Brokerage and why you should join my team. Join Jerry's Agent/Investor Team!https://flippingmastery.com/rec/-----------------------------------------This podcast was originally released on YouTube. Check out Jerry Norton's YouTube channel, with over 750 videos on all things wholesaling and flipping! https://www.youtube.com/c/FlippingMasteryTV About Jerry Norton Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate. **NOTE: To Download any of Jerry's FREE training, tools, or resources… Click on the link provided and enter your email. The download is automatically emailed to you. If you don't see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: support@flippingmastery.com or 888) 958-3028. Wholesaling & House Flipping Software:https://flippingmastery.com/flipsterpodMake $10,000 Finding Deals:   https://flippingmastery.com/10kpod Get 100% funding for your deals! https://flippingmastery.com/fspod Mentoring Program: https://flippingmastery.com/ftpod FREE 8 Week Training Program https://flippingmastery.com/8wpod Get Paid $8700 To Find Vacant Lots For Jerry: https://flippingmastery.com/lfpod FREE 30 Day Quickstart Kit https://flippingmastery.com/qkpodFREE Virtual Wholesaling Kit:https://flippingmastery.com/vfpod FREE On-Market Deal Finder Tool: https://flippingmastery.com/dcpod FREE Wholesaler Contracts: https://flippingmastery.com/wcpodFREE Comp Tool:https://flippingmastery.com/compod FREE Funding Kit: https://flippingmastery.com/fkpod FREE Agent Offer Sheet & Scripts: https://flippingmastery.com/aspod FREE Cash Buyer Scripts: https://flippingmastery.com/cbspodFREE Best Selling Wholesaling Ebook:https://flippingmastery.com/ebookpodFREE Best Selling Fix and Flip Ebook:https://flippingmastery.com/ebpod FREE Rehab Checklist:https://flippingmastery.com/rehabpod LET'S CONNECT...! FACEBOOK: http://www.Facebook.com/flippingmastery INSTAGRAM: http://www.instagram.com/flippingmastery

CEO Of A $200 Million A Year Real Estate Team, Helped Over 2,000 Families Buy And Sell Real Estate Over Her 19 Year Career, 50 Team Members And Over 250 Agent Partners And Expanding [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Chris is the founder of Skyline Commercial Real Estate Focused on advising clients regarding their multifamily assets - to maintain and build wealth and forge strong relationships across the Southern California investment market. He previously played professional baseball for multiple teams, reaching the Major Leagues with the Los Angeles Angels of Anaheim in 2009. Through hard work and dedication, Chris kept earning his way to the next level and achieved success at the highest level.   Tune in as he shares valuable strategies on how you could get the best deals for your real estate investments, and how he is able to maintain leads for his business which could be applicable to you too. [00:01 - 11:48] Finding Opportunities in Challenges A professional baseball player turned real estate investor The need for cashflow led him to focus on the brokerage instead of the investment route   [11:49 - 17:39] Things You Need to Know Before Buying A Real Estate Buying a unit? Chris shares a strategy to increase its value Regulatory environment for buyers Stay on top of your rents and increase when you can California has restrictive rent control. You need to be within the guidelines  Brand new investors must be comfortable with the cap rates knowing it is capital preservation The resilience of tenants to rent increases   [17:40 - 17:54] The Keys to Business Growth How to find motivated seller leads Emails and build and maintain relationships Chris on starting his own brokerage How to approach a broker as an investor Ask with no expectations   [17:55 - 20:45] Closing Segment The similarity between baseball and real estate is failure Reach out to Chris!  Links Below Final Words   -----------------------------------------------------------------------------   Tweetable Quotes: “When you start in the business, it's a grind.” - Chris Pettit   “If you're brokering and you're not owning, like, do you really believe in your product?” - Chris Pettit   Connect with Chris on LinkedIn and visit Skyline Commercial Real Estate for investment opportunities.   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Chris Pettit: [00:00:00] What took me, the brokerage drought was the ability to be entrepreneurial, grow your own business, do your own thing. And it's really, you eat what you kill. So whatever you're out there putting in, you're gonna make those returns.  Sam Wilson: Chris beta is a localized department, brokerage founder. He assists private clients with wealth, growth and preservation. He also has a background in baseball, investing in taxes, and as Chris puts it, he has all the bases covered. Chris, welcome to the show.  Chris Pettit: Hey Sam, thanks  Sam Wilson: for having me important in here. Absolutely. The pleasure's mine. There are three questions. Chris, ask every guest who comes in the show in 90 seconds or less. You tell me, where did you start? Where are you now? And  Chris Pettit: how did you get. Yeah, I was playing baseball and I joined a couple friends for some very small scale investments. Some single family houses out in it's called the Midwest. One of my friends said, Hey, I think this is a good idea. I said, well, why don't we pull some money [00:01:00] together? And we can buy a couple of these. So we did that learn more about. The real estate side of the business. My background's more on the finance side. So got to see some of the tax advantages, the depreciation, the cash flow, how it worked. Good hands on experience. Finished playing baseball and got into the brokerage business, local Southern California apartment brokerage, and really took me to where I am now. Just started this company a couple years ago with a couple partners and we're moving that forward. So  Sam Wilson: here. Man. That's really, really cool. So you're playing baseball professionally, and then you start investing in real estate. Were you guys buying single family stuff, buying multifamily? What, what were you guys buying?  Chris Pettit: Yeah, those were single family. And maybe a little bit of the misconception about playing professional baseball is not, everybody's making millions of dollars. So , I, I was not making a lot of money at that time, but I was saving money put away. So we were buying single family little bit in Dayton, Ohio, actually just kind of like bottom of the barrel type stuff for calf flow.  Sam Wilson: Got it. Got it. And when did you know you were onto something and you [00:02:00] said, all right, I'm onto something. And now I'm gonna scale into bigger assets. And I guess then of course, you know, , all the way to launching a, a brokerage, what  Chris Pettit: led you there? Well, seeing how the cashflow would work on a single family and then saving that up, being able to purchase another one, just purely based off of the cashflow you had gotten to date. And having the depreciation, the ride offs, the expenses, that type of thing, it was like, wow, you could kind of scale this a little bit. I didn't wanna try to make something huge there. And , you know, I wasn't didn't know all the tools that we have now, but once I got into the brokerage business, I realized, well, this actually is scalable. Seeing like a lot of things that my clients have done and how they've grown their portfolios. A lot of people just started from the ground up and individuals have large portfolio.  Sam Wilson: Yeah, absolutely. What took you to the brokerage route versus the investment route? Or  Chris Pettit: maybe there's both. You know, it's, it's both for me. I, I do believe in investing and the, the brokerage route is an avenue that you can get there. [00:03:00] Obviously you gotta make some money to be able to invest it. So I think that's probably what led me to the brokerage drought over other over say other jobs. What took me, the brokerage drought was the ability to be entrepreneurial, grow your own business, do your own thing. And it's really, you eat what you kill. So whatever you're out there putting in, you're gonna make those returns. Right, right. Yeah. So I saw the, I saw the upside for, in brokerage compared to just like a job.  Sam Wilson: Absolutely. Absolutely. and as things get extremely frosty in a, in a few different asset classes, I've oftentimes looked at it and I'm like, gosh, it's kind of a risk free way. And obviously you got your time, your capital, your investment on the front end of, you know, going out and finding opportunities and building your buyers list and all those things, but in its own, right, you're not putting down millions of dollars into these deals and going, gosh, I hope it works out. It's like, okay, once we get it across the finish line, it's kind of a risk pretty way of, of being involved in real estate. So I really really, really kind of liked that, especially in times of uncertainty. So that's really cool. Now you guys are [00:04:00] specializing in the Southern California market,  Chris Pettit: is that right? Yeah. Specifically Southern California and specifically apartment buildings. So it ranges the gamut from, you know, four units, which obviously is similar residential, but four to, 50, to a hundred. You know, there's a lot of smaller buildings in Southern California versus . Maybe some other areas. So there's a lot of 10 to 30 unit buildings out here.  Sam Wilson: From what I understand, there's not a lot of new supply coming online in your guys' market.  Chris Pettit: No, not at all. So the market we work, like I said, is let's call it four to 50 core market. And nobody's building those. Maybe there's a couple people building duplexes or fourplexes based on some new zoning, but the stuff that's getting built is 200 unit 300 unit, 400 unit class, a right in the core business districts on these main drags. And those are just not competitors for the type of product that. Are seeing our investors focus  Sam Wilson: on. Right? So tell me about the opportunity right now in your market.  Chris Pettit: So a little bit of the difference in our market versus [00:05:00] other markets is, is such a core market, specifically orange county, LA county, San Diego county being core markets. You can't, like you said, no more supply and someone who wants to preserve capital. Yeah. You might look at the cab rates. They're very compressed, but they're staying compressed. They're not, they're not changing. And rents are flying. Some of that to do with the back end of rent control, but rents are really flying up. So there's no supply, there's no rental supply. And then the class a stuff that's coming out is being priced to the moon on the rental side. So any, any nice property, that's a little bit lower density living for a tenant. They're gonna wanna come in and happy to pay a good amount of rent there just to live in the location that, that they wanna live in. And I don't see that changing just due to the supply, like demand and supply. So the opportunity is purely more preservation rather than say. You might be like, oh, let me go out. I can see this quick flip over here in this hot market. You know, I wouldn't call us like a hot type market or cold market obvious.  Sam Wilson: So what's a strategy then for a buyer. I mean, you know, they're, they're buying something [00:06:00] four to 50 units, Southern California. It might be a rent control. I don't, I don't know exactly how rent control work if that's by county, if that's by building, if that's, maybe you can even give us some, you know, lightness on that, but what is the buyer? What is the person you're representing? What are they thinking when they buy a building? What's their strategy for  Chris Pettit: how to increase value? So their strategy's gonna be growth and appreciation, and you're gonna get there just through the natural and pushed rent growth. The overriding it's a state rent control policy, max of 10%. It's not terrible. Obviously. Sometimes if people are behind then, because an owner's own the building a long time, there is a lot more upside there. Yeah, the strategy is just to come in, purchase the building, get the rents up to market, improve the property a little bit. And not that it's gonna be a significant, like I said, flip, but you're gonna have the value. You're gonna have the value earned in the property and the significant rents providing more cash flow. And you're gonna be, you're also able to get pretty much [00:07:00] core.  Sam Wilson: what's it like when you buy a building? And again, I'm asking just as it, as it pertains to more the regulatory side of things there in California, which is a lot of what investors are afraid of. I think mm-hmm oh man. You know, and, and we hear it. I think, I think it gets a bad rap because obviously you're there and you have clients there making money. You're there making money. I've got friends out there making money in the apartment space in Southern California. And I hear it, hear it all the time. We don't invest in California. But what does, which I think is kind of, again, it, it's kind of a, just a, it's probably a bad statement cuz obviously there's opportunity there. But what's somebody doing when they buy a building from a regulatory and from like a rehab standpoint, like what can they expect? What are the challenges there? Do those challenges, present opportunity. Talk to me about  Chris Pettit: that a little bit. Yeah. Completely understand the regulatory side and a lot of our clients and owners have some of the same feelings. Like they're not saying I won't invest here, but because they already own here. They're saying, oh, I'm not sure about how this regulatory environment is gonna be for, for landlords, which is a fair thought. So part of [00:08:00] our deal, our job is educating them on what the latest government requirements are gonna be that are coming down the pipeline. We don't really have a say in those things. So it's, it's just keeping them up to date. And how do you navigate that? The biggest thing you can do is stay on top of your rents and increase them when you're, when you can once a year and not, not fall behind. If you're buying a building today, it's not, it's not crazy. I mean, we don't really market to say out-of-state buyers. Like California's a, our buyer pool is the buyers that own in the market that live here and that's the people. Like they wouldn't say, oh, I don't, they already own here. And they live here, so right. California's gonna get you for taxes either way, whether, you know, if you're gonna do both. So if you're gonna live here and you wanna own here, maybe you wanna drive by your building. Maybe that makes sense. But just in order to get there, there's no like crazy regulatory requirements. When you purchase an investment property, you go buy an apartment, building a 10 unit down the. Nothing crazy. But if you do wanna do some rehabs or some or raise rents, you just need to be within the guidelines. And, and they're [00:09:00] really not outside of a couple areas. You know, city of LA is very restrictive. Santa Monica has restricted rent control, Santa Ana and there city, certain cities do have up above and beyond requirements. And those are the cities that people are. Either navigate away from, but like you said, there's still a lot of people that maybe not a lot, there's people that will make money in those areas. And they're more experts in navigating that local environment.  Sam Wilson: What do you say to somebody that maybe is a brand new investor to your market? Where do you start them?  Chris Pettit: I would start 'em with the sense of. You need to be comfortable with with the cap rates, let's call it, you know, three and a half to four and a half. When now it's probably generous, but you know, you, you have to be comfortable knowing that this is capital preservation. And if you're, if you're buying here, you're gonna start a three, three and a half and push that up quickly to. You know, four, four and a half on your numbers, and it's not something that you're gonna be making this huge pop on right away. But you, you are gonna [00:10:00] make those gains and rents are gonna go say, they go 10% this year, 10% next year. They're a little bit behind. Then you, you will catch up and you'll have the value and it's gonna be safe. It's, it's a safety play really, but we don't work with too many new investors. I mean, you know, , I live here, I invest here. I don't have a, an issue with that for me. It's I want to be, I'd rather rather own good real estate and good locations. And it's not, about today's cash flow for.  Sam Wilson: Yeah, that's a good point. You know, and that's a lot of, that's a lot of what people are looking for is that big pop. So I guess just reframing the investor expectation. Like, Hey, you're coming into this market. You are, this is a safety play. I think, as you put it, it's not, you're not here to, to hit, hit your home run. You're here to preserve capital. What is I, I, if a landlord is behind, let's say it's a legacy owner. They haven't raised rents in 7, 8, 10 years. What is the tenant resiliency as it pertains to rent increases? Like do, [00:11:00] do, do we see a lot of buildings go vacant once people are like, Hey, we're raising rents 10, 10% this year, you were at 2000 bucks. Now you're at 2200 next year. You're gonna be at, you know, 44 20. What's that? How  Chris Pettit: does that work out? Yeah, not really. I mean, a legacy owner who's fallen behind or just chosen , to do that because they don't need the extra cash flow. Right. New owner comes in. Goes 10% people don't budge. It's not, it's not enough because the building on the streets rent convert $500 more than that, you know? , some people will move and you get natural movement. It's not too restrictive. And then you, you may be able to move people out for some renovations, but that's a little bit dependent on the, the.  Sam Wilson: Right, right. That's really, really cool. Tell me about finding sellers. I mean, that's obviously the, the two things we need in this in this real estate are deals and money. How are you guys finding  Chris Pettit: sellers? Yeah. On our, on the, on the business side, I mean, we just do a lot of consistent calling and emails and touching base with people. It's a very consistent group of people that we're [00:12:00] talking to, the owners that are local, just trying to build that relationship. And there's not a lot. Let's say people that are just oblivious to what's going on. A lot of people know what's going on relatively. And we, we just want to talk to 'em and see, Hey, is, you know, are you ready to go? Are you ready to sell today? Or what's your impetus to sell? These are mostly long term holds for people long term legacy ownership. And as we know, those are great deals to buy and the most opportunity for upside. And so sometimes it's like building family relationships whenever their family. Whenever that time comes to pass it down along the family, things like that. I mean, you know, the time comes for every. , but this is not a short term lo short term game, as far as location goes, you know, you gotta put in the time, build the relationships here. Yeah.  Sam Wilson: Yeah. And that's true, you know, that's true. I think in, in any market, there's not a, there's not a nuance there necessarily defining sellers. It, it sounds like you guys are grinding it out, just like everybody else when it comes to to  Chris Pettit: deal flow. Yeah, absolutely. I mean, we are, [00:13:00] we have some younger guys and it's you know, that's, we don't pull any punches there. It's like, no, this is a grind. I mean, when you start in the business, it's a grind. I mean, we're still on the grind and that's what, that's really the only way you're, you're not gonna you're not gonna miss, you know, blatant deals. Right? Tell  Sam Wilson: me about your team, building out your team. You said you have some younger guys on the team now, what's it been like building a brokerage and, you know, talk to us about that experience and some of the lessons maybe you've learned in that. Chris Pettit: Yeah. So it was just an opportunity that that presented itself for so myself and two partners. And we were working together before not necessarily doing deals together, but independently doing deals while working together. And so we thought, Hey, this is a great opportunity for us to build ourselves, where are we gonna be in five or 10 years? And, you know, maybe build out, build out some sort of a brokerage it's we're not trying to be this big brokerage house, but having some. More people talking and being able to collaborate on deals. I hear you say someone. Oh, Sam. Oh, what was that deal? You were talking about Sam. Like [00:14:00] maybe I, I might have somebody for that where you're, you're just thinking, I talked to this person that was like a waste of time. Right? They said something, but I, it didn't click for you, but I'm sitting over here like, oh, well, I it clicked for me and they let's, let's put a deal together. And so we're really trying to build. Team environment where obviously you're gonna get rewarded on something you bring in and we have, so we have two other guys that are just starting out in the business.  You know, they believe in owning real estate as well. And that's, that's a long term goal. I mean, if we can all switch from the broker side to the owner side, we're gonna, we're gonna be doing pretty well, you know? Right.  Sam Wilson: Is that the long term plan then is to, yeah. I mean, transition.  Chris Pettit: Yeah, to accumulate and own, own real estate. I think California, maybe getting back to one of your earlier questions, Southern California is more of an accumulation game. Mm-hmm if you can accumulate little bits and pieces of, of deals. I mean, I know I have some clients that are open to me throwing into deals, and if, you know, if I can at the time, I'll do that and just kind of put it away. It's not, you know, it's not there. It's not accessible, not running the deal, but [00:15:00] Hey, it's in the deal. I know that's a good piece of real estate and, and down the road I'll be rewarded. So I think it's more of an accumulation play, but yeah, that's the goal, ultimately, just to own more real estate. I mean, we're believers in real estate and we also feel. I'm a strong believer in the fact, if, if you're brokering and you're not owning, like, do you really believe in your product? right. And maybe you don't. Right. Maybe you're just a sales guy, you know, that's fine too. But  Sam Wilson: absolutely. Tell me about cuz that's a nuance a nuance kind of play that you talked about there when you said. How your buyers will rope you in on the deal and say, Hey Chris, do you wanna participate? What's that conversation like? And what would you recommend to somebody that wants to approach their broker? Maybe it's a large commercial real estate transaction. The broker's getting a six, you know, multi six-figure paycheck and they go, Hey, you know, do you want to get in on this deal? How should someone approach you as the broker  Chris Pettit: to have that conversation? Yeah, I mean, I think it's very easy approach from the investor. It's an easy question. Hey, do you have, would you have any interest in [00:16:00] partnering in or putting some of your commission? The deal obviously clear, very clear that no, you're not giving it up. You're not giving up your commission, but right. In putting it into the deal And , timing's everything in that respect, you know, like I said, this is my, my job. So depending on where I'm at timing, maybe I just put money into another deal, obviously gotta pay the bills. And so, yeah, it's an, I feel like it's an easy conversation from the. Investor from the agent side. I don't really bring it up that much. Just because it's, I feel it's a little more you know, most people, most people I deal with it's their, their deal. It's like a one person buyer. Right. And maybe, but, but a people that I know, well, I'll throw it out there at some point. Like, oh, I'd be happy to co-invest with you at some time. And so there's a few, that's the way I would frame it as a broker. You don't wanna be telling everybody, oh, let me get in with you. Let me get in with you. You know, it's a little more, I guess I feel like that would be like pushy, but from the investor side, I think if you just ask with no expectations, I don't see the, I don't find the broker being [00:17:00] offended. Sam Wilson: No, no, certainly not, certainly not. I think it's a great way. One to get some buy in from, like you said, either you believe in the product or you don't. So get some buy in from the broker it's a relatively not easy, but it's a, it's a, it's a source of capital, you know, where you can get involved in it. But then I think it also, it also just develops a long-term relationship with your broker where it's, Hey, you know what we're, we're not just doing a onetime transaction. We're we're in deals together for the long haul. So that's. That's really,  Chris Pettit: really cool. Yeah. I mean, I think it's beneficial for both parties. Like you said, you put people in, we can be partners and you sold me the deal and then, you know, we'll sell it back whenever the time comes again and we'll make money and go to the next thing. Absolutely.  Sam Wilson: Tell me about baseball, baseball, and real estate, that transition. what would you say some things, or maybe, maybe I'll ask this question. I could find the question I was gonna ask you. You know, as it pertained to baseball, what are some things, some, some crossovers from playing baseball to real estate, some similarities you find in, in, in  Chris Pettit: between the two. Yeah, the, the biggest crossover, especially to [00:18:00] brokerage is failure. So, yeah, baseball's a game of failure. You fail all the time. You know, you fail seven outta 10 times. You'll be in the hall of fame. And you know, this is a game of failure too. You're, you're talking to people and some people are not, not receptive to your call at that time or anything you're saying, but it's really a game of being able to a failure and being able to maintain your composure through the highs and the lows. This is a game of highs and lows, and that's the same as baseball. So you can't be out there closing a deal. Celebrating, like just won the world series. It's not gonna, it's not gonna pan out. You know, you gotta be back on, back on the grind and work harder.  Sam Wilson: That's it, man. That's it? Baseball is a game of failure. Yeah. That's kind of funny. I've never heard it quite put like that, but you're right. You know, the what'd you say, what was your statement there? I didn't quite catch that, but it was something about a hall of Famer. If you do  Chris Pettit: what now, if you fail seven outta 10 times as a hitter, you're a hall of fam. Right. Yeah. If  Sam Wilson: you have a 300 buck average, you're, you're a hall of Famer, which is that's pretty [00:19:00] crazy. I absolutely love it. Chris, if our listeners wanna get in touch with you and learn more about you and what's going on there in your marketplace, what is the best way to do that? Chris Pettit: Yeah, you can reach me via email or through our website. It's skyline commercial advisors. And I'm also on Twitter. It's CED at eight 15. That's more of a generic following. I do talk some real estate. It's not strictly real estate focused. It's pretty personalized and, and open. But yeah, those two places and email, or my emails on the site, you gimme anytime. Awesome.  Sam Wilson: Chris, thank you for taking the time to come on the show today. Certainly  Chris Pettit: appreciate it. Yeah. Thanks Sam. Nice to meet you and a pleasure being on the show.

CEO Of A $200 Million A Year Real Estate Team, Helped Over 2,000 Families Buy And Sell Real Estate Over Her 19 Year Career, 50 Team Members And Over 250 Agent Partners And Expanding [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

 On today's episode, Editor in Chief Sarah Wheeler is joined by Editorial Director Tracey Velt to talk about RealTrends' 10-year Brokerage Benchmark report and her recent interview with Spencer Rascoff, co-founder of Zillow.HW Media articles related to this episode:Brokerage Benchmark Report: Over past 10 years, firms are outperforming expectationsSpencer Rascoff on threats to the traditional brokerage modelEnjoy the episode!Join us for HousingWire Annual October 3rd - 5th, 2022 in beautiful Scottsdale, Arizona. Register here and use code "podcast20" for 20% off tickets!HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.

CEO Of A $200 Million A Year Real Estate Team, Helped Over 2,000 Families Buy And Sell Real Estate Over Her 19 Year Career, 50 Team Members And Over 250 Agent Partners And Expanding [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Fidelity considering offering Crypto Trading to Brokerage customers. Starbucks unveils its NFT loyalty program built on Polygon called Starbucks Odyssey. A Bitcoin ETF is long past due says Digital Chamber of Commerce.

Realtor since 2006Over 2000 transactions closed5 team membersLife Member Multi-Million Dollar ClubMAAR Commercial Council Pinnacle Producers Member 2016Licensed in Tennessee, Mississippi, and ArkansasRanked #1 at Crye-Leike for Closed Transactions in 2016,'18,'19,'20OVER 350 HOMES SOLD IN 2019 & 2020 AND STILL GOING! [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.

Levi Noe is the Vice President of Brokerage at Fuel and Iron Realty. A Denver native, Levi's background in copywriting, marketing, education, entrepreneurship, and food service lend him a unique perspective into F&B real estate negotiations. 6 Questions with Levi Noe of Fuel & Iron Realty on Restaurant Square Footage, A Good Pro Forma, Second-Gen Spaces Fuel & Iron Realty Levi Noe Fuel & Iron Food Hall

Today's RealTrending podcast features Spencer Rascoff, founder of Pacaso, Hotwire and Zillow among other companies. Rascoff is also the CEO of 75 & Sunny, an investment company. Rascoff discusses the next wave of real estate technology as well as the challenges ahead for the traditional brokerage model.

Today's RealTrending podcast features Spencer Rascoff, founder of Pacaso, Hotwire and Zillow among other companies. Rascoff is also the CEO of 75 & Sunny, an investment company. Rascoff discusses the next wave of real estate technology as well as the challenges ahead for the traditional brokerage model.

Realtor since 2006Over 2000 transactions closed5 team membersLife Member Multi-Million Dollar ClubMAAR Commercial Council Pinnacle Producers Member 2016Licensed in Tennessee, Mississippi, and ArkansasRanked #1 at Crye-Leike for Closed Transactions in 2016,'18,'19,'20OVER 350 HOMES SOLD IN 2019 & 2020 AND STILL GOING! [PARTNER WITH US] Get instant 1-on-1 access to over 26 of the top agents in the country to help scale your business.