Podcasts about Multiple listing service

On this episode of Housekeys Podcast, we have guest Dirk Killingsworth, the Director of Industry Affairs for Zillow on the West Coast. Dirk and host Cam Villa talk about Zillow's relationship with the Multiple Listing Service (MLS), misconceptions REALTORS® may have with Zillow, and what tools REALTORS® can utilize within the Zillow platform. Tune into this informative episode and find out what makes Zillow tick! Music: Welcome to the Show by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4614-welcome-to-the-show  License: https://filmmusic.io/standard-license  All speakers in this podcast do not speak on behalf of the Sacramento Association of REALTORS® nor do they represent the Sacramento Association of REALTORS®. All presenters are speaking on behalf of their own profession.

Latest Utah Avalanche Center forecast, Utah Supreme Court to rule on jury pool for Kouri Richins murder trial, Park City Board of Realtors Board President Maverick Bolger and Multiple Listing Services president Todd Anderson discuss the Wasatch Back housing market, Park City swim teams defy odds to bring home 4A state titles, Shiffrin, Johnson win gold in first-ever team combined event, lawmakers advance bill requiring age verification for app store purchases, Wasatch County to certify final school board race after disqualification lawsuit and Dakota Pacific CEO Marc Stanworth addresses concerns about the citizen-led referendum challenging the housing project in Kimball Junction.

According to the new rules that went into effect August 17, 2024 you may not display any form of compensation in the Multiple Listing Service. This includes a Bonus.     You may however advertise it ANYWHERE ELSE. Sky writing. A billboard. A tattoo that says Bonus!   It's an easy rule. Just ask yourself: is this the MLS? If it's Facebook, or a television ad, the answer is clearly No.    Similarly, according to the new rules a real estate agent may not show a house to a customer without a written agreement that specifies how much the real estate agent will be paid.  Can a listing agent show a potential buyer his or her listing?  Sure.  Because that Buyer is not a customer.  If that Buyer becomes a customer, they need a written agreement.  It's an easy rule. Just ask yourself: Am I representing this person as their real estate agent?     Join Preston Smith and Matthew Maschler as we explore these new rules on todays episode of the Real Estate Finder Podcast.     Want to know more?  Send us an email or ask to join us on The Real Estate Finder Podcast! www.RealEstateFinder.com    Check out our other Podcasts: RealEstateFinder.com/podcasts Shop podcast T-shirts:   prowrestlingtees.com/matthewmania Check out some of the best vendors and service providers in Florida: RealEstateFinder.com/PreferredVendors Subscribe to our newsletter or see past issues at: RealEstateFinder.com/Newsletter Brought to you by:    Matthew H. Maschler Real Estate Broker Signature Real Estate Finder, LLC Ask about joining the Signature team! Learn more about the Signature Real Estate Companies and why you should join South Florida's real estate industry leaders, Ranked #1 in Boca Raton, #25 in Florida and #336 in the Nation. SignatureRecruiter.com Offices in Boca Raton, Delray Beach, Coral Springs / Parkland, Ft Lauderdale, Miami, Naples, Palm Beach, Orlando and throughout Florida. And be sure to check out BocaRatonWrestling.com   Learn how to support our efforts to provide housing in Haiti frank-mckinney.com/caring-house-project

Commission changes sowing confusion, brokers say In theory, new rules governing how real-estate commissions are divided among buyers' and sellers' agents could lower the cost of buying a home. In reality, many agents say, they add paperwork and make the process more confusing. A settlement in a $418 million class-action lawsuit against the National Association of Realtors ended the practice of agents using the Multiple Listing Service (MLS) to indicate how a sales commission will be split between agents. The lawsuit, brought by a group of Missouri homeowners in 2019, claimed that automatically giving buyers' agents a commission violated antitrust laws and artificially inflated costs. The changes, which took effect Aug. 17, clarify that sellers are not obligated to pay a commission to the buyer's agent. In a typical transaction, the seller might pay a 5 percent commission, which their agent would offer to split with the buyer's agent. On a home that sold for $500,000, that would be $25,000, or $12,500 each. Under the new rules, a buyer's agent can't show a home - in-person or remotely - unless their client signs a document acknowledging that all fees are negotiable, are not set by law and that they understand how the agent will be paid, said Crystal Hawkins-Syska, a board member of the Hudson Gateway Association of Realtors, which represents 13,000 agents in the lower Hudson Valley. (The agreement is not required if a potential buyer is just speaking to an agent at an open house or asking about services available.) Under the new rules, the payment to the buyer's agent could be a commission from the buyer or seller, a flat fee, an hourly charge or some other arrangement, she said. According to the National Association of Realtors, it cannot be vague, such as "whatever the amount the seller is offering to the buyer." Some real estate agents say the rules only add paperwork to the process. "They're saddling us with yet more forms for people to fill out," said Daniel Aubry, who operates a real estate agency in Beacon. "It's just adding another layer of confusion and anxiety," said Charlotte Brooks, of House Finch Realty in Cold Spring. So far, the disclosures haven't had much practical impact, Aubry said. In two cases in which he showed a home, the sellers agreed to compensate the buyer's agent. That's smart, said Bill Hussung of Robert A. McCaffrey Realty in Cold Spring. "It's a good sales tactic to tell potential buyers, 'Look, I'm covering your costs.' " Whether the rules will drive down commissions is not clear. Hussung says that commissions have always been negotiable and have dropped over the last decade from 6 to 5 percent. Aubry agreed that commissions have come down. Home Rules If you are buying a home: An agent can't show you a home - in-person or remotely - unless you sign a document acknowledging that all fees are negotiable, are not set by law and that you understand how your agent will be paid (e.g., a traditional commission split with the seller's agent or a commission, flat fee or hourly rate). An agreement is not necessary if you are visiting an open house or just asking agents about their services. However, some agents are asking open-house visitors to acknowledge that they understand the agent represents the seller and, if they want to make an offer on the spot, they may need to sign another disclosure about representation and compensation If you are selling a home: You are not obligated to pay a commission to the buyer's agent. However, it might be a good marketing strategy to tell potential buyers that you will do so. Any commission being offered to the buyer's agent (e.g., 2.5 percent) can no longer be included in the Multiple Listing Service, although you can offer to pay other costs, such as closing fees. One effect of the rules might be that buyers may be tempted to hire the seller's agent, a practice known as "dual agency." But that's not ideal, said Jonathan Miller of JonCar Realty in Beacon, because o...

This morning, Greg and Dan brought in real estate attorney Jim Manning, President of PAAR Bill McCarthy, and Chief Executive Officer of PAAR Jennifer Hamm to discuss a new ruling in a lawsuit against the National Association of Realtors.    This discussion will help to provide some clarification on the ruling against the NAR. Taking effect this Saturday the ruling will be changing rules for the real estate industry to make an effort to increase transparency between realtors and their customers, buyers or sellers. This interview Greg and Dan ask about the new Buyer Agency Agreement, specifically what to be aware of with a potentially legally binding document, changes in who is responsible for the commission of the realtors, and the dissolvement of Multiple Listing Services.   When asked, Jennifer's advice at the end of the interview is: “Be prepared… to have conversations with your agent and your lender.”See omnystudio.com/listener for privacy information.

NAR Settlement Update & Elevating Your Presentation Skills for Success. In this essential episode, we dive in and give you an update on NAR Settlement, which is reshaping the real estate landscape.

I'm not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Devin: What do you see as your superpower?Stefan: How about thinking outside the box?Today's episode features Stefan Martinovic, the visionary founder of Circular, who is pioneering a new era of sustainable and regenerative real estate development. Stefan's projects seamlessly blend agriculture, hospitality, and urban farming, creating unique environmental and economic synergies that exemplify the potential of thoughtful development.Circular's flagship project, Livingston Farm, is an 80-room agritourism resort built on a reimagined dairy farm in Sullivan County, New York. This resort integrates farm-to-table dining with a sustainable living experience, offering guests a direct connection to nature. Stefan explains, “We're transforming this former dairy farm into a thriving hub of regenerative agriculture, where visitors can experience first-hand the benefits of a climate-positive food system.”In addition to the farm, Circular is developing Wren of the Woods, a restaurant in Armonk, New York, which showcases the same commitment to sustainability. The restaurant will serve as a culinary beacon, emphasizing locally sourced and responsibly prepared food. “Our goal with Wren of the Woods is to create a LEED-certified space that not only delights diners but also educates them about the importance of regenerative agriculture,” Stefan says.Circular's third project is an innovative urban gourmet mushroom farm in Harlem, New York. This farm upcycles organic waste from their restaurants and other sources to produce high-quality mushrooms. Stefan elaborates, “By integrating waste products into our urban farm, we are closing the loop on food production and contributing to a more sustainable urban environment.”Stefan's projects are interconnected, creating a holistic system where waste is minimized and resources are efficiently utilized. His work demonstrates how regenerative practices can be applied across different sectors to create lasting environmental and economic benefits. As Stefan aptly puts it, “We're not just building properties; we're building ecosystems that sustain themselves and the communities around them.”I invite you to listen to today's episode to learn more about Stefan's groundbreaking work and the impact Circular is making in the realm of sustainable development.tl;dr:1. Innovative Real Estate Projects: Stefan Martinovic is a real estate developer focused on sustainable and regenerative projects. His company, Circular, has three major projects in New York: an agritourism resort on an old dairy farm, a standalone restaurant down in the Hudson Valley, and an urban gourmet mushroom farm in Harlem.2. Agritourism Resort: The Livingston Farm project involves transforming a historic dairy farm into an 80-room regenerative agritourism resort. It integrates agriculture with hospitality, offering farm-to-table cuisine and accommodations that blend with the landscape. The resort aims to educate guests on sustainable practices and includes restoring the property's ecological health.3. Sustainable Dining: Circular's restaurant endeavors include a formal dining restaurant and a casual café on the resort property, plus an off-site restaurant called Wren of the Woods in the Hudson Valley. These establishments will feature locally sourced, responsibly prepared food, leveraging waste products in composting and other regenerative practices.4. Mushroom Farm and Waste Recycling: The mushroom farm in Harlem is designed to upcycle food waste from Circular's restaurants and other sources into a productive growth environment for organic mushrooms. This initiative highlights the company's commitment to sustainability and creating closed-loop systems.5. Raising Capital for Expansion: Stefan and his family have invested significant personal capital into these ventures. They are now seeking to broaden their investment pool through small change offerings, inviting community members and other investors to contribute. The goal is to complete land acquisition, obtain necessary permits, and move forward with construction and operation phases.These points summarize the core aspects of Stefan's innovative work in creating environmentally sustainable and economically synergetic real estate projects.How to Develop Thinking Outside the Box As a SuperpowerStefan Martinovic's superpower is his ability to think outside the box. This unique talent allows him to innovate and find creative solutions in the real estate development industry, particularly in integrating sustainability and technology.An example of Stefan's superpower in action is his work on a master plan development in northwest Baltimore. Faced with a heavily blighted area, Stefan and his team proposed bringing the nascent modular building industry to the city. This initiative created jobs paying a living wage and provided a new industry to the area while also delivering new housing supply to replace dilapidated structures. This innovative approach touched on almost every facet of urban development and has principles that carry through to his current projects.Tips for Developing the Superpower:* Embrace Naivete: Approach challenges with a beginner's mind, free from preconceived notions. This allows for more creative problem-solving.* Always Learn: Continuously seek new knowledge and perspectives to fuel innovative thinking.* Question Established Processes: Don't be afraid to challenge existing business processes and explore new ways to achieve goals.* Vet Crazy Ideas: Evaluate the viability of unconventional ideas, as they might provide novel solutions others haven't considered.By following Stefan Martinovic's example and advice, you can make thinking outside the box a skill. With practice and effort, you could make it a superpower that enables you to do more good in the world.Remember, however, that research into success suggests that building on your own superpowers is more important than creating new ones or overcoming weaknesses. You do you!Guest ProfileStefan Martinovic (he/him):Founder, CircularAbout Circular: Circular is a real estate company developing an ecosystem of sustainability-driven projects across agriculture, hospitality and housing that realize the benefits of regeneration and the circular economy.The Circular project portfolio captures unique economic and environmental synergies by employing an ecosystem-based approach to sustainable development grounded in five core principles: Grow Regeneratively: Cultivate sustenance using practices that promote soil health, ecological restoration and carbon sequestration Consume Consciously: Deliver exceptional hospitality experiences with a focus on local, responsibly sourced fresh ingredients Upcycle Perpetually: Divert organic waste into value-added products, including compost, packaging, and building materials Plan With Purpose: Conserve and improve property with programs designed to respect the land while benefiting areas of community need Build Sustainably: Develop high-performance buildings leveraging new construction technologies and locally sourced bio-based materialsWebsite: www.circular.enterprisesCompany Facebook Page: fb.com/profile.php?id=61556695478286Instagram Handle: @circular.enterprisesOther URL: smallchange.co/projects/circularBiographical Information: Stefan Martinovic is the Founder & Manager of Circular Enterprises LLC. He is a seasoned innovator and serial entrepreneur with expertise in real estate, economic development, technology, and investment management. ​Nearly the entirety of Stefan's professional career has been a focus on applying emerging technologies to real estate development. He is a Professor at the NYU Schack Institute of Real Estate and was recently an Entrepreneur In Residence at Tenney 110, a subsidiary of AmFam Group, where he launched new real estate technology ventures.​Stefan held key roles as VP of Business Development at Placer.ai, a $1B location analytics technology company. He served as VP of Investments at Midwood, a $2B owner-developer with a 140 property national portfolio across 10 states, positioning Midwood among the most progressive institutional investors in NYC CRE.​Stefan was the Real Estate Board of New York's first Director of Innovation, where he launched NYC's Multiple Listing Service. He co-founded and was CEO of Create.io, a VC-backed software startup pioneering property data & 3D maps for urban development.​Stefan is a member of the ULI's Technology & Innovation Council and an investor and advisor to numerous real estate tech startups. He holds an MBA in Finance from The College of William & Mary, and a BBA in Finance from Seton Hall UniversityX/Twitter Handle: @stef7321Personal Facebook Profile: fb.com/profile.php?id=61555721235997Linkedin: linkedin.com/in/stefanmartinovicUpcoming SuperCrowd Event CalendarIf a location is not noted, the events below are virtual.* Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on August 20, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.* SuperCrowdHour, August 21, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At this month's webinar, Devin Thorpe will provide a “Step-by-Step Guide to Raising Capital from the Crowd.”* Recently, we created an AI GPT to help you learn more about The Super Crowd, Inc., a public benefit corporation, and our upcoming events. Click here to try it.Community Event Calendar* Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events* Community Capital Live: Betty Francisco and Aliana Piñeiro of Boston Impact Initiative - Virtual Event: July 31, at 2 pm ET* Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 - November 19, 2023.* Crowdfunding Professional Association, Summit in DC, October 22-23* Asheville Neighborhood Economics, November 12-13.If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.We use AI to help us write compelling recaps of each episode. Get full access to Superpowers for Good at www.superpowers4good.com/subscribe

Title: Navigating the Real Estate Market in Santa Clarita Valley: Insights from Connor with HonorIntroduction:Welcome to our latest update on the real estate market in Santa Clarita Valley. As your trusted guide, Connor with Honor provides you with the most comprehensive and current market insights directly from the Multiple Listing Service. Whether you're buying, selling, or just curious about the market dynamics, our latest findings and tips will ensure you're well-prepared.Market Overview:As of May 11, 2024, the Santa Clarita Valley hosts approximately 368 active listings, indicating a vibrant market, albeit with fluctuations in new listings and price adjustments. This week we've noticed a slight decrease in new properties, with only 47 new listings compared to the usual 70-80. Interestingly, 54 listings have undergone price changes, mostly reductions, reflecting the dynamic nature of current market conditions.Key Statistics:New Listings: 47 this weekPrice Adjustments: 54, mostly reductionsBack on Market: 21 propertiesActive Under Contract: 39 propertiesPending: 55 propertiesSold: 57 propertiesExpired Listings: 8Cancelled Listings: 8Hold Listings: 8Advice for Sellers:For those considering selling their properties, the pre-qualification process for buyers is crucial. Encouraging buyers to cross-qualify with trusted lenders can streamline transactions but requires careful consideration. Sellers should ensure they have confidence in their agents and the lenders they recommend to avoid any undue complications.Tips for Buyers:Buyers should remain ensure a smoother transaction. However, as a seller, it's essential to balance this with the buyer's existing relationships with lenders. Trust in your agent and the process they recommend, but always prioritize transparent and open communication to address any concerns you may have about buyer qualifications.Advice for Buyers:For real estate buyers in Santa Clarita Valley, staying in close contact with your lender is vital. Pre-qualifications are typically valid for 90 days, and maintaining updated financial documents is crucial due to potential interest rate fluctuations which can affect your buying power. If you enter into escrow, be prepared to provide your lender with frequent updates and documentation to ensure your transaction progresses smoothly.Why Choose Connor with Honor?Youtube Channels:Conner with Honor - real estateHome Muscle - fat torchingFrom first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.Dive into Real Estate with Connor with Honor:Santa Clarita's Trusted Realtor & Fitness EnthusiastReal Estate:Buying or selling in Santa Clarita? Connor with Honor, your local expert with over 2 decades of experience, guides you seamlessly through the process. Subscribe to his YouTube channel for insider market updates, expert advice, and a peek into the vibrant Santa Clarita lifestyle.Fitness:Ready to unlock your fitness potential? Join Connor's YouTube journey for inspiring workouts, healthy recipes, and motivational tips. Remember, a strong body fuels a strong mind and a successful life!Podcast:Dig deeper with Connor's podcast! Hear insightful interviews with industry experts, inspiring success stories, and targeted real estate advice specific to Santa Clarita.

I want to talk to my real estate agents about Following Up! Whether it is with leads that you would like to one day do business with, or customers you are actively working with to buy or sell real estate, the most important part of your job is FOLLOWING UP. You can not sit back and just expect people to come to you. If you are waiting to hear from someone, let them know. Follow up with drip campaigns from the Multiple Listing Services, monthly newsletters, texts, email, birthday greetings and more!!! Have an idea for a podcast? Try www.podpopuli.com and their Posterity Podcasts program to create an 8-episode podcast series to tell your stories. Shop podcast T-shirts: https://www.prowrestlingtees.com/matthewmania Check out some of the best vendors and service providers in Florida: https://www.realestatefinder.com/preferredvendors Subscribe to our newsletter or see past issues at: https://www.realestatefinder.com/newsletter

Equity surge boosts homeowner net worth, with U.S. homeowners holding a significant amount in home equity in 2023, how much? Tune in. Meanwhile, The Council of Multiple Listing Services united with Northwest MLS on Wednesday to pen amicus briefs exposing alleged flaws in the DOJ's statement of interest in the Nosalek case. Finally, after pandemic-era lull, senior housing sector appears poised for a rebound.

No, the sky is not falling.  On March 15, 2024 the National Association of Realtors (“NAR") settled a $5 Billion Buyer Broker Commission lawsuits brought by class action attorneys for $418 Million Dollars.   In this Episode we break it down. First we discuss how commissions work currently and who pays the commission.   Then we discuss the new rules.  First that Buyer's will negotiate commissions directly with their agents.  Agents can not claim there is no cost to Buyers, unless they truly will not charge them.  Seller's can still pay the Buyer's Agent.  Buyer's Agents will be required to sign agreements with Buyers setting forth what they will charge.  It will need to be an amount can not be open ended (like whatever the seller offers).  And the Multiple Listing Service can no longer display an offer of compensation to the Buyer's Agent.   We talk about how these rules will work in the future, both in the short and long term.   And clarify that this lawsuit and settlement does not change anything about renters, the lawsuit had nothing to do with renters, but some or most of these practices will be put in place for tenants regardless.   Why did the NAR agree to this Settlement?  Did they “sell us out” or did they have a VERY good reason?  Tune in and find out!!!!         Have an idea for a podcast? Try www.podpopuli.com and their Posterity Podcasts program to create an 8-episode podcast series to tell your stories.   Shop podcast T-shirts:   https://www.prowrestlingtees.com/matthewmania   Check out some of the best vendors and service providers in Florida: https://www.realestatefinder.com/preferredvendors   Subscribe to our newsletter or see past issues at: https://www.realestatefinder.com/newsletter     Brought to you by:   Matthew H. Maschler, Esq. Real Estate Broker (561) 208-3334 www.RealEstateFinder.com 8177 Glades Rd #6, Boca Raton, FL Boca Raton, FL 33434     Member of the Palm Beach Board of REALTORS®, the Miami Association of REALTORS®, the Naples Areas Board of REALTORS®, Orlando Regional REALTOR® Association and R-World Broward, Palm Beaches, and St Lucie REALTORS®.   Help Israel Now! All support goes Straight to Israel's Soldiers www.yasharlachayal.org   Learn how to support our efforts to provide housing in Haiti http://www.frank-mckinney.com/caring-house-project     Ask about joining the Signature team! Learn more about the Signature Real Estate Companies and why you should join South Florida's real estate industry leaders, Ranked #1 in Boca Raton, #25 in Florida and #336 in the Nation.   www.SignatureRecruiter.com   Offices in Boca Raton, Delray Beach, Coral Springs / Parkland, Ft Lauderdale, Miami, Naples, Palm Beach, Orlando and throughout Florida.       Upcoming events:      April 4, 2024 Red Meat Lover's Club Monthly Lunch “Meating" https://rmlclub.com/events/   Do you service the real estate industry or looking to expand your business?   Become a recommended vendor!  April 16, 2024 www.signaturevendors.com By being a recommended vendor, your company will be promoted to our team of 1,450+ agents and our customers.   April 27, 2024 Red Meat Lover's Club Once in a Lifetime at Regina's Farms https://rmlclub.com/events/   May 19, 2004 Boca Raton Championship Wrestling  www.bocaratonwrestling.com 2024 dates to be announced at the show 2025 dates Jan. 30 and March 9th     On November 10th we are participating in the Walk to End Alzheimer's to raise funds and awareness for Alzheimer's care, support, and research.  Will you stand with us in this fight by joining our team or making a donation?  http://act.alz.org/site/TR?fr_id=17532&pg=personal&px=23561082 Every dollar you donate helps the Alzheimer's Association® provide care and support to those facing Alzheimer's and all other dementia, and advance critical research.     If you wouldn't mind, could you give a review?   On Zillow  http://www.zillow.com/reviews/write/?s=X1-ZUyyyhquygyu4p_anh8m   Or Yelp https://www.yelp.com/biz/matthew-h-maschler-boca-raton    Or Google https://bit.ly/3n94mUn

Step into the world of real estate education with Shelly Vincent as she unveils the crucial role of Multiple Listing Services in agent empowerment. Stay tuned for insights into the qualities that define an agent's success, and get ready for (possibly) controversial revelations that'll spark thought-provoking discussions within the real estate community. Key takeaways to listen for Multiple Listing Service (MLS): What it is, how it works, and its importance Why policies matter in creating an MLS for a real estate association Issues an MLS might have in the digital age Essential traits you should possess when interacting with clients Shelley's hot take on the barrier of entry in real estate Resources mentioned in this episode MLS.com Zillow About Shelly Vincent  Shelly Vincent, the VP of Operations and Employing Broker for HomeSmart in CO, also serves as the Vice Chair of REColorado, overseeing one of the nation's largest MLSs while chairing the MLS Policy and contributing to the CAR Legislative Policy and Professional Standards Committees. Additionally, she is a podcaster, certified ACU, and Crypto instructor, public speaker, and active Realtor.      Connect with Shelly  Facebook: Shelly Vincent   LinkedIn: Shelly Vincent  Instagram: @shellyvincent   Email: shellyvincent@mac.com      Connect with Leigh Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.   Subscribe to Leigh's other podcast Real Estate From The Rooftops     Sponsors Leigh Brown University – New On-Demand Training How to Dominate During This Recession! Enroll Now to learn practical steps for effective action, discover what to say, and ensure success in securing listings, assisting buyers, and expanding your business, regardless of market conditions.  Enroll today at: https://www.leighbrownuniversity.com/dominate-recession  Enter code: CSIRE20 at checkout for a 20% discount.

"The Greenville real estate market is strong," is what we keep hearing, but making a statement like that is painting with broad strokes. Some parts of the Upstate of SC are getting stronger and some are softening, but which is which? Thankfully, there is a little known report called the Market Conditions Addendum Report that I can run that looks at where the market is trending. And so in this episode, we break down 12 sub-markets to see which areas of the Upstate are getting softer, which are staying stable, and which are seeing increased activity. All data presented is based on information from the Multiple Listing Service of Greenville, South Carolina, Inc. for the period March 4, 2022 through March 4, 2024.  As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.

Do you know how many listings are added to the Multiple Listing Service every day?   Do you know how many properties are marked closed?  Or under contract? How many properties have a price change or canceled?    We do.  We are Real Estate Finders.  Of course we check the hot sheets every day.    The hotsheets give you this information.  And that's why we know the newest market changes in real time.    We also revisited the case of the mystery buyer from last week and had a few updates to add.   We are Real Estate Finders.  Of course we can't guess what the future condo dues will be.  Despite being asked to do so.      We also discussed our repeat investment buyer, and I think I'm going to try to recruit the listing agent to join our team. But I will settle for getting him to join us one day on this podcast.   Have an idea for a podcast? Try www.podpopuli.com and their Posterity Podcasts program to create an 8-episode podcast series to tell your stories.   Shop podcast T-shirts:   https://www.prowrestlingtees.com/matthewmania   Check out some of the best vendors and service providers in Florida: https://www.realestatefinder.com/preferredvendors   Subscribe to our newsletter or see past issues at: https://www.realestatefinder.com/newsletter

Join our free Florida income properties webinar on Monday, November 27th for 5.75% mortgage rates at: GREwebinars.com Home prices are up 4.5% annually through Q3. It's the fastest growth rate in months. Three out of ten renters are now age 55+, the most ever. Older renters are good for you: lower turnover, more quiet, more savings & income, and lower regulation compared to assisted living.  Overall US population growth is slowing, from 1.2% a generation ago to 0.5% today. It's expected to grow until 2080. I discuss the DOJ crackdown on the NAR and real estate commissions. 1.6 million real estate agents could lose their jobs. Apartment building rate caps have become super-expensive. One of our real estate Investment Coaches, Naresh, joins us from Florida.  Naresh tells us how to get 5.75% mortgage rates on new-build Florida income property at GREwebinars.com Resources mentioned: Show Notes: GetRichEducation.com/476 Join our Florida properties webinar, free,  Nov. 27th at 8:30 PM ET at: www.GREwebinars.com For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Timestamps:   The housing market stats (00:02:52) Discussion about the current state of the housing market, including the 45% increase in home prices and the reasons for continued home price support.   Home price appreciation forecasts (00:05:28) Talks about the predictions for future home price appreciation, with both CoreLogic and NAR expecting a 26% rise in home prices next year.   The impact of older renters (00:10:08) Explains why older renters are desirable for property owners and landlords, highlighting their lower turnover rate and stability.   The Aging Population and Older Renters (00:11:15) Discusses the benefits of older renters, such as lower mobility, more savings and income, and low regulation.   US Population Projection and Immigration (00:12:30) Examines the projected population decline in the US by 2100 and the importance of immigration for continued growth.   Housing Demand and Household Size (00:17:12) Explores the trend of fewer people living in each household and its impact on housing demand.   The timestamp's title (00:22:05) Rising Costs of Rate Caps for Apartment Buildings Discussion on how the cost of rate caps for larger apartment buildings has become prohibitively expensive.   The timestamp's title (00:25:23) Real Estate Market Trends and Slowdown Insights on the current state of the real estate market, including a slowdown in November and leveling off of home values and rents.   The timestamp's title (00:28:28) Opportunity in Real Estate Market in 2024 Predictions for the real estate market in 2024, including a potential bottoming out of the market and a decrease in mortgage rates.   The decline in home values and the health of the economy (00:32:58) Discussion on the decline in home values and the health of the economy, with reference to the 2008 financial crisis and current housing supply.   Short-term rentals and the potential for a decline (00:34:14) Exploration of the decline in short-term rentals due to a decrease in travel and corporate expenses.   The impact of mortgage interest rates on home prices (00:35:19) Analysis of the relationship between mortgage interest rates, economic slowdowns, and home prices, with a focus on potential rate cuts and their effects on the housing market.   The Florida In-Migration Stat (00:43:53) Florida's astounding population growth and becoming the second most valuable property market in the US.   The Rate Buy Down Courtesy of the Builders (00:44:23) Explaining the options of a 5.75% rate or the 2-2-4 program for property buyers in Florida.   Disclaimer and Closing (00:46:02) A disclaimer about the show and a mention of the sponsor, Get Rich Education.   Complete Episode Transcript:   Speaker 1 (00:00:01) - Welcome to I'm your host Keith Weinhold told how price appreciation is up 4.5%, but there are signs that it is slowing down. Finally, learn more about our upcoming live event that you can join from the comfort of your own home today on get Rich education. When you want the best real estate and finance info. The modern internet experience limits your free articles access, and it's replete with paywalls. And you've got pop ups and push notifications and cookies. Disclaimers. Oh, at no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life? See, this is the golden age of quality newsletters, and I write every word of hours myself. It's got a dash of humor and it's to the point to get the letter. It couldn't be more simple text to 66866. And when you start the free newsletter, you'll also get my one hour fast real estate course completely free. It's called the Don't Quit Your Day dream letter and it wires your mind for wealth.   Speaker 1 (00:01:17) - Make sure you read it text to 66866. Text 266866.   Speaker 2 (00:01:29) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Speaker 1 (00:01:45) - We're going to go from Roxbury, Connecticut to Roxbury, Wisconsin, and across 188 nations worldwide. This is get rich education. I'm Keith Weinhold, GRE founder host of this very show since 2014, longtime real estate investor and Forbes Real Estate Council member. In fact, check out my latest article in Forbes for my work in research on the housing market. What we do here is by investment property with the bank's money, pay the debt with the tenants money, and then well, that's about it. In a sense. We enjoy life mostly. There will be some bumps along the way. The devil is in the details. Yeah, all those sus vibes that you got from the housing price apocalypse, doomsday, YouTubers. All of those vibes you had are validated by now. Just in time for a sweater weather. Respected research firm CoreLogic released their report with end of quarter housing stats nationwide.   Speaker 1 (00:02:52) - Home prices still haven't fallen. There was a healthy 4.5% in September of this year compared to September of last year. Yes, these real estate numbers always run behind a little bit. Well, that 4.5% increase that even includes distressed sales. And that is the fastest growth rate in quite a few months. And again, this is primarily due to a robust job market spiked inflation and housing inventory lows that just keep scraping along the sea bottom floor. So these fundamental reasons for continued home price support, I mean, it's the same stuff I've emphasized for over two years, even as I stated prominently back on television in November of 2021. And although that was avant garde at the time, it's really not in my personality to get smug until the incessant rumors today I told you so or anything like that. Well, the highest price gains this past year. They were concentrated in places that had, I suppose, the best autumn foliage this year, that is, most northeastern states. They are the big gainers now. There were some price declines in a few places.   Speaker 1 (00:04:08) - They were felt in just four western states and D.C. the four western states were Utah, Idaho, Montana and Wyoming. Now, see, in the pandemic, those states prices, they stretched broader than basketball star Victor Wembanyama. And today they are mildly correcting. But back to the base case here. The 46 of 50 states which experienced appreciation oven mitts are needed to handle the three hottest states led by Maine 10%, Connecticut also at 10%, and new Jersey, with a 9% gain. And when you break that down in the metro area, it was Miami that led with soaring 8.5% appreciation. And it's interesting are core investment areas of the Midwest in southeast, which I call the stable markets. They lived up to that moniker again, they appreciated moderately during the pandemic and still appreciating moderately today. And as we approach winter, expect home price depreciation to have its seasonal slowdown. That's what tends to happen each year. In fact, there's a slowdown in sales of volume two. There are just so few homes on the market, but it has gotten really slow lately.   Speaker 1 (00:05:28) - Now, I do like CoreLogic, the supplier of this information. They contribute their single family rent index to our industry. And that's so valuable because most rent data that you find out there is about apartments. CoreLogic predicts further home price appreciation over the next year of 2.6%. And similarly, the Nar. They expect home prices to rise 2.6% next year. Now, next month, you will hear me. Release gives home price appreciation forecasts right here on the show, and you're also going to learn how accurate my forecast was for this year that I made last year. Now, just last month, I made an in-person field trip to Cash Flow Country, the Midwestern United States. You've got some income property providers there that are still steadily sourcing properties to investors like you. But, you know, there are a few now where they're not even doing that lately because some providers are having trouble making the numbers work for you, the investor. Like, for example, on a single family rental that was built in the 1960s.   Speaker 1 (00:06:40) - Right. A somewhat older property. Where it is commanding, say 1650 rent. And this is a real example of rehab property that I visited in the Midwest, 1650 REM. Well, these property providers can get, say, $230,000 for that property if they sell it to an owner occupant instead of an investor like you. Well, with higher interest rates on an older property, you know, 1650 rent on a 230 K purchase price. And it doesn't work so great for you as an investor, although it might on a newbuild property. So that's why a provider like that is selling to owner occupants instead of investors like you, an owner occupant, they'll pay 230 K because they don't have to make it cash flow. It's their home. So instead of selling it to an investor like you were, say 190 K is the most that it would make sense for you to pay. Well, then sure, that provider is going to get 230 K from an owner occupant, so it makes more sense for that provider to sell it to the owner occupant as well.   Speaker 1 (00:07:44) - Now, one income property company that has in-house management and all that. I mean, this is a company that then is set up to serve investors. What they've done though is currently they're selling about 80% to retail homeowners, owner occupants in just 20% to turnkey real estate investors. For just that reason, owner occupants can pay more for it because of what's going on in the cycle. So in that particular Midwestern market, either mortgage interest rates must come down or rents must rise in order for it to make sense to you as an investor again. Now, later in the show today, you'll soon see that we've effectively found a way to make interest rates go back in time a couple of years when they were low, and how you can apply them to new Build income property. Today you'll learn exactly what that rate is, and this is fairly exciting. But yes, everyone wants to know where are mortgage rates going to go. And no one I mean absolutely no one knows where rates will go. Not your mortgage loan officer, not Janet Yellen, not your property provider.   Speaker 1 (00:08:55) - They don't know where mortgage rates are going to go, not the president of the United States, not Charlie Ridge, not a real estate agent, not Ron DeSantis and not me. No one knows where rates are going, of course. But we did learn something just about ten days ago. Fed Chair Jerome Powell said he's not confident. Those were his words in quotes, not confident that policymakers have done enough to curb inflation. Well, that right there. That is what is known as a hawkish comment in fed vernacular. If they haven't done enough to curb inflation, then that is what has renewed fears of more interest rate increases. Now your investment properties next tenant might be a grandparent with a flip phone. Roughly three out of ten renter households are now headed by people age 55 plus. After bottoming out in 2004, older renters have become a major share of the tenant population today, and I share this with you recently. If you're a reader of Art, Don't Quit Your Day Dream letter. And by the way, welcome to all of our new letter readers.   Speaker 1 (00:10:08) - We recently had a few thousand new Don't Quit Your Adrian Letter subscribers, our weekly email newsletter. Welcome here to the podcast. Now as I'll explain why in a moment you should like and embrace older renters. Now, first things first. Understand that as a property owner or landlord, you cannot age discriminate in your advertising or in your tenant screening. But all right, once you're done poking fun at their jitterbug or their track phone, understand that older renters, they are desirable. And by the way, our jitter, bugs and track phones still made us think that at least one of those two phone models is still made. At least one of them is a flip phone. Not completely sure, but anyway, yes, now that we know that there are more older renters here, about 3 in 10 American renters now age 55 plus, okay, older renters, hey, they really are desirable for a bunch of reasons. You're going to have lower turnover. Okay? Older people tend to stay put. There's a low transient rate.   Speaker 1 (00:11:15) - They have a low mobility rate. That's another way to say it. Also all the renters, they tend to be more quiet. They're less likely to throw three keg ragers no beer pong, no headbutt dents in the drywall. And when it comes to savings and income, they have more of it and expect low regulation. Unlike something like assisted living, there is no special government permitting or any specialized staff that's needed. So. There are some big reasons why this growing group of older renters that is good for you as an income property owner. So to review what you've learned, that's due to lower mobility. They're more quiet, they have more savings in income and there's low regulation. And I'm going to say that personally, I've come to appreciate my older friends more as time goes on. And I recently realized that I have some of my best conversations with them. But they won't talk me into the jitterbug. They can't talk me into giving up my life without Instagram on an iPhone. Many older adults, they don't want the hassle of homeownership and others they are just feeling the weight of dreadful homebuyer affordability, just like everyone else.   Speaker 1 (00:12:30) - And one major reason for why there are more older renters. If you're trying to find a reason why it's not due to some seismic behavioral shift, it's just the simple fact that the American population keeps getting older overall. Overall, we have an aging population. And by the way, is 55 that old? I mean, the 55 plus age group, that can mean a lot of things. And 85 year old and 55 year old lived very different lives with different activity levels, of course. But is 55 that old? I don't know, I know that you only need to be age 50 to be an AARP member. I guess 55 sounds old, because you can say that you're pretty likely to be in the second half of your life, but maybe if you divide life up into thirds, you could say then that 55 is in the middle third, and then therefore 55 could be seen as middle aged and not old, I suppose. And for some reason, it's systemic in American culture that people don't seem to want to be called old for whatever reason.   Speaker 1 (00:13:35) - It has a mildly pejorative connotation, but it is a group of people with their own separate habits, and these people are more likely to be using trekking poles when they go hiking, I guess. And I don't agree that age is just a number. I mean, come on, age means something in 85 year old men. They are not going to qualify to play in the NBA All-Star game. They're not going to be the most agile defensive back on an NFL field. So that takeaway here is that more renters are older. Embrace it. It's good if you're a listener but still don't have our valuable don't quit your day dream letter, which wires your mind for wealth, and it updates you on real estate trends. You can get it for free right now. Just text message group to 66866. That's green to 66866. We've been talking about the aging population here on get Rich education episode 476. All right. But how about the overall US population trend. This is something that you might have seen elsewhere since it transcends real estate.   Speaker 1 (00:14:46) - But I'll give you my real estate take on it too. All right. So the latest Census Bureau figures, they show that the US population is projected to contract to shrink by the year 2100, which would be only the second decline in the nation's history. And the other decline occurred in the 1918 Spanish flu and World War one. For those reasons, annual population growth rates, they have dropped from about 1.2% a generation ago to just one half of 1% today, and the culprits are declining birth rates and that aforementioned aging population. All right. The US has the world's third biggest population, and it could be demoted to fourth or fifth by Pakistan or Nigeria as soon as the middle of this century. So this anticipated population contraction, that means that immigration could become vital for any hopes of continued growth. And yet understand the US is still growing faster than a lot of other high income nations like Japan and Italy, that are already losing population. All right, so the US population is projected to shrink by 2100.   Speaker 1 (00:16:02) - The more important thing for you to remember as a real estate investor that's going to need a population to drive demand, is that our population is still expected to grow every year until about the year 2080 by most every model out there. So still 50 to 60 years of population growth. And then it isn't until later 2100 that is expected to decline. And of course, birth rates and immigration rates are bigger unknowns than the death rate out there in the future. Just estimating how soon our population is going to peak, but it's going to be a. While many decades. And then, of course, even in 50, 60 years, if the overall American population stops growing. All right, well, it'll probably still grow in some regions. And, you know, I wonder if Florida will still be growing late this century. It seems like it never stops there with population growth. And also it's not just about overall population growth when it comes to housing demand. It's how people choose to live within a certain population growth rate.   Speaker 1 (00:17:12) - Okay, with a population of 100, if there are two people per household, well, they can be housed with 50 homes, but if there is just one person per household, well then it's going to take 100 homes to house those same 100 people, no longer 50 homes. All right. And one trend that's made for surging American housing demand is that you have fewer people living in each household. That's how people choose to live today. So keep that in mind. You see a small half of 1% annual growth rate in more recent years, but there are a lot of numbers behind the numbers. Now, you might wonder what I think about the federal jury that recently found the National Association of Realtors and large brokerages, and how they conspire to keep commissions artificially high. What's that really mean? Well, what it means is more flexibility for buyers. I mean, under the current system, sellers pay their own agents commission of roughly 5 to 6%, and then that 5 to 6% that's shared with the buyer's agent.   Speaker 1 (00:18:18) - Well, if sellers now get billion from paying buyer's agents, well, then buyers would have to start to pay their own agent if they choose to use one. And a buyer could do that at either a flat rate or an hourly rate. But first time homebuyers, they could really feel the crunch, or that could become a bigger issue for those wannabe first time homebuyers that are having a hard time amassing the savings to pay for an agent on top of their down payment and their closing costs. Just another whammy for those wannabe first time homebuyers. They keep getting beaten down, and that's what could put some upward pressure on rents. But I don't think it would really be much as a result of that alone. And another consequence of this is that there would be less commission paid by sellers. I mean, the way it works is that in order to advertise a listing on the database, the MLS, the Multiple Listing Service, are that MLS that populates real estate websites like Zillow and Redfin? Well, in order for that to happen, sellers in most markets they have to agree to pay the buyer's agent's commission as well as their own sellers agents commission.   Speaker 1 (00:19:31) - Well, that's the practice that could be scrapped and that could spell trouble for real estate agents. A lot of people have estimated that $30 billion could potentially leave the industry, and some estimate that 1.6 million agents could lose their jobs. See, the way that the system had worked in the past is that one reason that the seller pays the entire 5 to 6% commission for both sides is because it's usually easy for them to do that, since sellers are the ones that have the equity in their property and the buyers often don't. So this could make homeownership even more difficult to qualify for. I mean, if first time homebuyers already had to jump over a four foot hurdle, now it's perhaps a five foot hurdle if this all happens. But there are still legal battles ongoing there in the real estate agent commissions case. Now, as I've talked about before, with this American housing shortage, it's the affordable housing segment that has high demand and is so drastically undersupplied. Now just get this understand that from 2019 until today, the price of a new car rose 22%, the price of a median home rose 42%.   Speaker 1 (00:20:54) - And the mobile home price, which is about the most affordable option for housing that rose by a giant 58%. I mean, wow, that is a testament to the major housing shortage at the affordable price points. That really, really spells it out. And if you're confident that the long term play is to provide good, affordable housing like we are here at, you know, there are more reasons to look at loading up on properties like duplexes and triplexes. And for plex's where you can get fixed rates now. And if you wanted to, you could refinance to long term fixed rates later. Now to buy a rate cap for a larger apartment building. That has just balloon in expense for you? Yes, a rate cap buying the what's basically like insurance you buy that puts a ceiling on how high your interest rate can go on larger apartment buildings. You don't have to do that with 1 to 4 unit property. You can just get fixed rate certainty. Now, a couple years ago, rate caps for large apartment buildings, they were pretty affordable.   Speaker 1 (00:22:05) - They were inexpensive. It took 40 K, 50 or 100 K to ensure that your rate wouldn't adjust too high. And then once it did, of course the rate cap insurance would kick in. But that same rate cap this year could be nearly $1 million. Yeah. See, a couple years ago, the $10 million loan, you could have bought a 2% rate cap for 60 to 75 K in three years coverage. Well, if you'd want to extend that this year, just a one year renewal, you could probably spend 350 K. Well, that has become prohibitively expensive for a lot of larger apartment buildings. And coming up, one of our in-house investment coaches in the race is going to be joining us from Florida, where they're building new construction duplexes and for plex's affordably. And they're selling them to investors like us at just a 5.75% interest rate. That's straight ahead. I'm Keith Winfield, you're listening to get Rich education. Jerry, listeners can't stop talking about their service from Ridge Lending Group and MLS.   Speaker 1 (00:23:18) - 42056. They've provided our tribe with more loans than anyone. They're truly a top lender for beginners and veterans. It's where I go to get my own loans for single family rental property up to four plex. So start your prequalification and you can chat with President Charlie Ridge. Personally, though, even deliver your custom plan for growing your real estate portfolio. Start at Ridge Lending Group. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns are better than a bank savings account up to 12%. Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate. And I kind of love how the tax benefit of doing this can offset capital gains in your W-2 jobs income. They've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love.   Speaker 1 (00:24:29) - For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to six, 686, six. This is Rich dad advisor Tom Wheelwright. Listen to get Rich education with Keith Reinhold and don't quit your daydream. It's always valuable for you, the listener and me as well. To have a market discussion with one of our in-house investment coaches were doing that today. Naresh, welcome back onto the show.   Speaker 3 (00:25:23) - Is Keith looking forward to talking?   Speaker 1 (00:25:26) - Let us know what's happening from your view. I mean, give us your perspective on the real estate market today and any drivers or trends.   Speaker 3 (00:25:35) - Look, Keith, I've been working as a real estate investment coach for about four and a half years now. I've been a real estate investor for about six and a half years. I've been working with for two years now, and it's great because it's almost like I'm a leading indicator on what's going on with inflation, what's going on with the housing market, because I see it in front of my eyes in real time.   Speaker 3 (00:26:02) - I have it on my spreadsheets that are in front of me. Of all the different properties that were sold or inquiries that we get from clients right now, I am actually seeing a slowdown this month of November compared to the first ten days or the first 20 days of the previous month. There's definitely somewhat of a slowdown. We're getting more complaints or nagging from clients saying, oh, I'm not able to rent out my property for as much as I thought I'd be able to, or my property's been vacant for longer than usual. What this is telling me key is, at least in my state, look, home values vary based on geography. We know that home values are like the weather. The weather is not the same everywhere. For the most part, I think you're going to see that national home values peaked a month or two ago. Rents certainly peaked about two months ago. What I mean by that is we saw rents go up precipitous just going up, up, up since January 2021 nonstop. And they finally peaked.   Speaker 3 (00:27:17) - And when I say peak home values, peak rents don't mean that they've crashed. I don't mean that they've gone down. They've just peaked and leveled off. So I haven't seen a decline in rents. I haven't seen a decline in home values from two months ago. I'm just saying they've leveled off. And so I actually expect this inflation or I expect inflation CPI moving forward to go back down. I know that we did see a blip up for a few months, but I think we're going to start seeing things go back down as the fed old rate study appears. They're done raising for good, and they're just going to ride it out with how it is currently. And then once unemployment crosses, probably 4.5%, if at all, that does cross 4.5%, that's when they're going to start cutting. If unemployment crosses 4%, then they're probably just going to wait it out until inflation hits that 2% target. And so what does this all mean for real estate. What does this mean for interest rates. Low interest rates I've talked about peaks.   Speaker 3 (00:28:28) - We saw peak mortgage rates. Also it looks like mortgage rates peaked. And they've slowly crept back down not significantly to a point where as an investor you're like, oh let me jump in. No. But think we saw mortgage rates as well. So again, what does this all mean. This means 2024. We're almost a month away from 2024. I think it's going to be a great opportunity to jump in, because you'll be able to catch the real estate market that's going to hit some type of bottom in 2024. You're going to see mortgage rates go back down in 2024. That also means today because remember, Keith, I've come on your show before talking about incentives that providers who we work with, partners who we know personally and who we've worked with for many, many years, we've been offering incentives that make up for this high inflation, that make up for the higher interest rates. And those incentives are very likely going to be gone in 2024 as mortgage rates go back down, as the home values maybe decline slightly.   Speaker 1 (00:29:39) - We want to talk about some of those incentives later, about how providers are buying down the interest rate for you on rental property, but rates, I think perhaps the most interesting thing you said, the thing that I didn't expect is that you're talking to some investors out there where they're telling you about how they have more or longer vacancies than they had expected. I didn't think that I would hear that from you. Is that a pretty small sample size, or is that passed by apartments versus single family homes or entry level versus luxury or anything else?   Speaker 3 (00:30:13) - I'm talking about single homes, so can't speak for apartments. I'm talking about cookie cutter, entry level, single family homes. This is in multiple different markets. So not just in one city. This is in multiple cities states. We're seeing vacancies. We're seeing, like I said, the rent growth rate that was previously being used six months ago, eight months ago, the property managers have had to use a lower rate because there's been a decline. So it's not surprising.   Speaker 3 (00:30:44) - There's just no way that the country would would have been able to survive with rents going up the way they were going up with home values going up the way that we're going up. So there was bound to be a stoppage. And so we've seen that stoppage in home values, we've seen that stoppage in rents. And when I say stoppage again, not a decline in rents, not a significant decline in home values. But they leveled off from their peaks. And that's just how the business cycle works. Every 30 years or so when we see super high inflation, it's not surprising that I'm seeing this. But this is what's going on in the market right now, from Florida to Tennessee and Alabama to Ohio, in Missouri, Kansas City.   Speaker 1 (00:31:31) - For about five months in a row now, we have seen wages be higher than inflation. But of course that's just stated CPI inflation. And then there is quite a lag effect there too. If wages do exceed inflation, when will that eventually catch up to higher rents? We don't really know.   Speaker 1 (00:31:50) - But one thing we do know over the long term is rents are historically very, very stable, even more stable than home prices. It was so unusual when rents were up about 15% year over year, a year or two ago. You don't typically see that rents tend to stay stable, and they sure are stabilizing lately. What do you have any other thoughts as you look around the market and race? Because you often talk to our followers in there, they get a hold of you for you to help lead them through contracts and connect them with the right properties and providers that can meet their goals. So what are our followers asking about?   Speaker 3 (00:32:27) - Our followers right now are fearful, which is very common. Fear always rules people's minds and they're fearful of a crash. And look, there are certain real estate asset classes, commercial real estate, which you've talked about for a while, is going through a decline right now and could be going through a major crash as many of these commercial real estate owners default on their mortgages or their loans, their commercial loans, there is a concern that there could be a crash in the housing market.   Speaker 3 (00:32:58) - Meredith Whitney, who really famous real estate banker, I believe the only woman to call the 2008 financial crisis. She called it back in seven. Meredith Whitney came out a couple of weeks ago and said, there's going to be a decline in home values, and I'm here to tell you that there has been a classic line on values. And will that continue? It could continue where there's a, again, a slight decline. So don't see a crash coming. The reason is because I feel like the economy, the banks are much healthier today than they were. And let's say at 2007, the people who have been laid off, we're going to see unemployment continue to go up. It's not the 10% plus that we saw during the pandemic or the really we reached close to that 2008, 2009 or so. I just don't see something systemic to where there's going to be a housing market crash. And it's all about supply. Housing supply is still very low. So until the supply catches up to the demand, think the real estate market is going to stay healthy.   Speaker 3 (00:34:14) - And if you're looking to buy an old over a 30 year period, if you're looking to buy and rent for cashflow, it's still a great time. Right now, there's just certain asset classes. Like I said, commercial real estate. Maybe wait for the crash. They're short term rentals. The worst time to get into short term rentals would have been a year or one and a half years ago, 18 to 20 months ago. That space has declined because there has been a decline in travel, leisure, airfare, corporate expenses, the corporate trips. There has been a decline. So we don't promote those often. They're available. What? We don't promote them often, but that's another asset class that could be ripe for, I want to say, a crash, but a big decline when it comes to cookie cutter, entry level Single-Family homes. I just don't see this huge crash that people have been waiting for over the last 15 years.   Speaker 1 (00:35:13) - Right. As you know, I've talked extensively about how it's virtually impossible for that to happen.   Speaker 1 (00:35:19) - And yes, everyone wants to know what's coming. It surely has been a consensus among analysts and others that mortgage interest rates have peaked and or the fed funds rate is done increasing in this cycle. Many seem to think that next year, if rates come down, that that is really going to push home prices through the roof. I don't know if that's necessarily true, because typically a cutting of rates coincides with an economic slowdown or a recession. So I think a cutting of rates next year that could result in a moderate price increase. But of course, we have to remember that some of that supply is going to come once rates go down, you will have a few more people motivated to sell. You also have a lot more people motivated to buy and that can qualify as well. But the rates think a lot of people really in this cycle lately, when they've seen higher mortgage interest rates maybe than some people have seen in their entire investment life, you know, they feel like they kind of want to get some sort of break, but they sort of want to wait and see what happens with the market.   Speaker 1 (00:36:20) - But we actually have something to talk about here where they can get a break. They don't have to wait and see with what's going on in the market. And that's with what is taking place in Florida.   Speaker 3 (00:36:33) - That's exactly what's taking place in Florida. We work with a provider who is going to be on with us. We're hosting a webinar with them about a special 5.75% interest rate. The lowest interest rate that we see across the board with any provider we work with from Alabama to Texas, etcetera. So they're coming on our webinar. They're going to promote and discuss that 5.75% program that they have, as well as a 2 to 4 program. That's two years of free property management, 2% closing cost credit into $4,000 release fee. You might say, well, why do I need a $4,000 release a credit? Because their best properties or highest cash flowing properties. Highest returning properties are quads and duplexes. So these are huge breaks that will reduce the amount of money you need to bring to close and look. If you're a high net worth or if you're a high income earner sucking it up and paying the 9% interest rate today.   Speaker 3 (00:37:37) - If that's what you decide to opt for with the 224 program, 9% interest rate, or 8% interest rate today, it'll save you on your taxes, the mortgage interest tax deductible, and in 5 or 6 years, you can just refinance, most likely at an ultra low rate, maybe even sooner than that. So still, there are some really good deals. If you work through us, then we can help you find some really, really good programs and incentives so that it's like going back to 2020 or 2021, when interest rates were super low, or when there was less cash that you had for bringing to the same level. So we have that definitely recommend that people check out this webinar. It's great webinars. Com you can register for it over there. webinars.com. I'm going to be on it's Monday November 27th. That's Monday, November 27th at 8:30 p.m. Eastern Time. So people on the West Coast can finish up work, attend the event. People on the East Coast can finish up dinner, put their kids to sleep and attend the event.   Speaker 3 (00:38:43) - So I look forward to seeing everybody there. It's a special, special webinar, special deals, special promotions only through the average education.   Speaker 1 (00:38:54) - So the 5.75% rate, if I remember from previously narration, it's a ten year fixed rate and a 30 year amortization at those terms. And then is one choosing between the 5.75 rate and the 224 plan that you described. Is it one or the other? Can you get.   Speaker 3 (00:39:12) - One or the other? It's one or the other. Because to get that 5.75% rate, yeah, the builder is paying the lender a lot of money. And to lower those points, they're buying points to to get you the investor that rate. So it's one or the other. And by the way, that 224 program the purchase price is negotiable. So that's also why I like that 2 to 4 program. Because you can go back and forth and I can help you out negotiate the price, maybe shape 10 to 15 maybe $20,000 if it's a high ticket item off the purchase price. So makes the numbers look even better.   Speaker 3 (00:39:54) - That's my favorite program, the 5.75% program. That might be right for some other people, so that's fair to.   Speaker 1 (00:40:02) - Else about the property prices and types.   Speaker 3 (00:40:06) - So this provider we work with has single families, duplexes, four plex quads all available. The price points are anywhere from $250,000 to $800,000. Everything is new construction. That's also in flux, as in the single family is just cash flowing much. So I would say go for a duplex or a quad. Duplexes are around $400,000, give or take 20,000 over under, and quads are somewhere between 650 to $800,000.   Speaker 1 (00:40:45) - Okay, so these are brand new build properties in Florida. So yeah we're talking about entry level rental homes here. The asset type that seems to have the greatest dearth of supply in housing, entry level single family homes. You just have such a good chance to own an in-demand asset that everyone is going to want over time here. Do you have any last thoughts about this webinar trace, which you're going to help put on for people? That way the participants can ask you questions.   Speaker 1 (00:41:16) - They can ask the provider questions, any question they want to, things about the physical property, things about just how they bought down your rate to 5.75% for you, or how they can do the 224 program for you. Those are some of the benefits of attending. You can have your question answered in real time there with narration. Do you have any last thoughts about this event that's taking place on Monday? The 27?   Speaker 3 (00:41:39) - Well, you definitely want to register at Jerry webinars. Jerry webinars. We already have more than 50 people registered and now this episode is out. I'm sure we're going to get another 100 or so. Like you said, people can come on and ask some questions, actually talk to us, interact with us. Last time they wanted to these webinars, it went like 2.5 hours. People were having such a great time. We went into the wee hours of the night just talking to all sorts of folks, answering questions. It's super interactive, really educational. The best part is completely free and you get goodies and perks and incentives back in return for ten.   Speaker 1 (00:42:17) - Now, look, I know that some of these incentives have got to sound terrific to you, the listener and viewer here. I just want to pull back and take a look at things. More fundamentally. This is truly investing. This is not speculating. You own a piece of Florida land in a house constructed of commodities. On top of that land, from wood to steel to concrete. You already know about Florida's In-migration. We've talked about that at nauseam on the show here, and it's not speculative because you're purchasing something for rent production, not a speculative endeavor. Over the long term, people will pay you in order to live in a property that you provide to them. I mean, this is the sort of thing where you could even if say, you have a spouse or a mother that has nothing to do with real estate knowledge, they don't know anything about it. You can explain this to your spouse or your mother and they would understand. So it's easy to understand where your income comes from.   Speaker 1 (00:43:12) - It's really fundamental. I don't know how long the 5.75% rates are going to last, because this same provider had a lower rate a few months ago. I told you then I didn't know how long it was going to last and it didn't last. Now it's 5.75%, which is still a great rate. I really encourage you. Sign up. It's free. It's our live event next Monday night, the 27th at 8:30 p.m. eastern, 530 Pacific. Again, you can register@webinars.com. What a great update in race. Thanks so much for coming back into the show.   Speaker 3 (00:43:46) - Thanks, skeet.   Speaker 1 (00:43:53) - If you're unsure about making it on the live event on the 27th, but it interests you, sign up and we might be able to get you access to the replay, but you want to watch it soon because the properties available are limited. And again, I don't know how long the 5.75% rate will last. You think you've heard every amazing Florida In-migration stat by now? Well perhaps not. In the latest year over year, Florida saw 740,000 people moved there.   Speaker 1 (00:44:23) - Yeah, basically three quarters of a million in just one year. That is truly astounding. That's clearly the most of any state in the country. And with all the growth, Florida's property market became recently the second most valuable in the US last year that bumped New York down to third place. That's according to Zillow. So this population growth is leading to a prosperity increase in the value of Florida property. So I think a lot of people get focused on these things, like wondering if the fed will raise rates another quarter point at their next meeting, and if that's going to show up in mortgage rates. And they wonder about the mortgage market in the future, and it feels like something that you cannot control. But now you can with this rate, buy down courtesy of the builders. So joining us on the webinar to learn all about it. Again, it's all new build and we make that really clear and spell it out for you. In next week's live event, you get to select from one of the two options.   Speaker 1 (00:45:29) - To make it clear here, either a 5.75% rate or the 224 program, which means two years of free property management, 2% of the purchase price and closing cost credit, and a $4,000 lease up fee credit. Sign up. It's free. It's our live event next Monday night, the 27th at 8:30 p.m. eastern at 530 Pacific. Register at GRC webinars dot com. Until next week. I'm your host, Keith Weinhold. Don't quit your day. Great.   Speaker 4 (00:46:02) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively.   Speaker 1 (00:46:30) - The preceding program was brought to you by your home for wealth building. Get rich education.

Redfin can't cut ties will the National Association of Realtors ("NAR") because they have a monopoly over the Multiple Listing Service or "MLS." The MLS is a database established by cooperating real estate brokers to provide data about properties for sale and it is under the sole dominion and control of NAR. The MLS allows Realtors to see one another's listings of properties for sale with the goal of connecting homebuyers to sellers. There is only one problem, you have to belong to NAR to have access to it. Chris, Saied and Haroon get in to and give you their perspective of how this looming fight may shake out. Saied then pivots to an article by the Wall Street Journal in which they break down the elements of why your home may not be selling. Lastly, Chris goes deep on the Brentwood Airbnb tenant who has refused to leave and has not paid rent in over 540 days that made national headlines. Also, fun fact, Haroon belongs to a very curious WhatsApp thread titled "Sex Talk" which he states he uses the end-to-end encryption service to talk to friends about "sports." Does he have a valid excuse? Tune in to find out...Resources:NAR't so easy: MLS control means partners can't make a clean break (The Real Deal)Why Is Your Home Not Selling? 5 Reasons It's Sitting on the Market (Wall Street Journal)Brentwood Airbnb tenant refuses to leave or pay rent for 540 days (The Real Deal)Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

The National Association of Realtors reports that in the first quarter of 2023, home prices actually rose in 7 out of 10 metro markets around the country. That happened even as the Federal Reserve continued to raise interest rates, pushing the average mortgage rate to nearly 7%.This isn't how things typically work. When mortgage rates increase, prospective buyers typically bow out, resulting in fewer sales, which then causes prices to fall. That's Economics 101. When demand falls, so do prices. But that's not happening, partly because demand is not falling.Prospective home buyers have apparently gotten used to the higher rates and are staying in the hunt. Meanwhile, prospective sellers are shying away from listing their properties because they don't want to pay those higher rates when financing their next home. The net result is that inventory or supply remains low, and with demand steady, prices will stay up. SO WHAT CAN YOU DO ABOUT IT?How do you buy a home in this market without breaking your budget?Start by not “going it alone.” Interview at least three real estate agents and pick the sharpest one. You want someone with a track record of helping folks buy homes in the neighborhood of your choice and who'll stay on top of new listings.You or your agent may want to make a list of the other real estate agencies in your area and make frequent calls to them, checking to see if they're working on potential houses that haven't been entered into the Multiple Listing Service yet. You might be able to make an offer before a house hits the market. But be ready to make a quick decision.You also want to get pre-approved for a mortgage before you set foot in the first house on your list. That'll give you a leg up over the competition that hasn't bothered to look into financing.But understand that the lender will likely approve you for a bigger mortgage than you'll be comfortable with. Work up an estimated budget that allows 25% or less of your take-home pay for housing expenses.Also, you have to realize that in this market, buyers can't be choosers. The goal is to find an affordable home that meets your needs, not your dream house. Be flexible with your “must haves” and be willing to make changes. Location is probably the most important thing to hold out for. Other things, like a finished basement, you can do later.Here's one that should go without saying: Don't bother trying to lowball a seller. With most homes selling near the asking price these days, making an offer well below that won't get you anywhere.To be competitive, you'll have to come in very close to the asking price,  if not a little above. Here again, your agent can help you come up with a realistic opening offer.It's happening less and less these days, but you could find yourself in a bidding war where emotions can run high. You'll need to keep your wits about you or you'll find yourself with a fat mortgage payment and eating a lot of Spam. Know the absolute upper limit of what you can spend and have the discipline to stop there.And don't try to put a lot of conditions on your offer. Sellers aren't in the mood to throw in a major appliance or give you a new roof allowance if you feel the house might need one. You have to keep the seller's interests in mind. For example, agree to a closing date of the seller's choice, not yours.And one final thought: You might consider doing nothing. That means waiting until the market moderates even further. Don't expect home prices to fall significantly in the future, but eventually, inventory should catch up with demand and you'll have less competition.You definitely should wait if you haven't saved up 20% for a downpayment yet. There's no sense in adding the cost of private mortgage insurance to your mortgage payment, which is likely to be high to begin with.PMI is required if you can't put 20% down, and it could run as high as $70 a month for every $100,000 you borrow. It only protects the lender in case you default. It has no value for you at all.So those are some tips for surviving a seller's market. We hope you find them useful. On today's program, Rob also answers listener questions: Is a balance transfer to a credit card offering 0% interest for a period of time a good way to pay off debt? When do you have to start taking a minimum required distribution and what's the best way to go about that? Are annuities a wise investment? What is the best way to tap into home equity?  RESOURCES MENTIONED:ChristianCreditCounselors.orgSchwab Intelligent PortfoliosFidelityCapital One 360 CheckingMarcus Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network as well as American Family Radio. Visit our website at FaithFi.comwhere you can join the FaithFi Community, and give  as we expand our outreach.  

What are the potential consequences of the SDAR lawsuit? On this episode of Industry Relations, Rob and Greg discuss the troubling allegations surrounding SDAR's lawsuit. Get the inside scoop on what's behind the allegations, plus what Rob and Greg believe members of SDAR should do. Don't miss this urgent discussion about one of the biggest legal battles in recent times!  #SDARLawsuit   Listen to the Industry Relations Podcast, available on all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Our Sponsors:  Notorious VIP This podcast is produced by Two Brothers Creative 2023.

From a vendor's perspective, small MLSs are the most challenging to work with. And that's no surprise, seeing as how they have fewer resources than the big players in the space.   So, how do we support MLSs with fewer than 400 members in keeping up with NAR rules, for example? Is there a way MLSs might share marketing, support and compliance services in a way that makes the market work better for all involved?   Betsy Hanson is General Manager and General Counsel at Markt, a multi-MLS service organization focused on pooling resources and expertise to serve MLSs, brokers and agents.   On this episode of Listing Bits, Betsy shares her journey from executive assistant at a small association to her current role at Markt, describing how she avoids the attorney's reputation as the Department of No.   Betsy offers her take on what organized real estate is missing about the life and times of an ordinary REALTOR, why the average agent doesn't understand the lawsuits facing the industry, and how those lawsuits might change the way we do things moving forward.   Listen in to understand how Markt works as an MLS back-office provider and learn how Betsy and her team are uniquely positioned to help MLSs of all sizes with local market delivery.   What's Discussed:     Betsy's journey from executive assistant at a small association to General Counsel at Markt What differentiates the role of executive assistant from that of chief of staff How Betsy avoids the attorney's reputation as the Department of No Betsy's experience teaching English in China between undergrad and law school What organized real estate is missing about the life and times of an ordinary REALTOR Why the average REALTOR-on-the-street doesn't know about the lawsuits facing the industry How public perception of REALTORS remains positive despite lawsuits around compensation Betsy's predictions re: how the lawsuits facing organized real estate might play out How Markt began as a way for MLSs to pool support resources and create efficiencies Markt's potential to solve the challenge small MLSs face in keeping up with NAR rules   Connect with Betsy: Markt Email betsy@themarkt.com   Resources: Notorious ROB Industry Relations Podcast Turn On by 1000watt   Our Sponsor:   Cloud CMA for Brokers

Chris Bailey, Government Affairs Director at Greater Greenville Association of REALTORS® and The Multiple Listing Service of Greenville, SC is back with Dan on My Greenville Home Radio to discuss this year's Housing Profile. 

Most showing management software aggregates data. But how useful is it to get a report at the end of the month?   What if the data was presented in a way that helped agents answer seller questions in real time and make informed choices based on the numbers?   Wes Hartman is CEO of Showingly, a showing management solution that uses data and analytics to guide better decision-making.   On this episode of Listing Bits, Wes walks us through the key metrics Showingly looks at to drive pricing decisions and marketing strategy for a property.   Wes explains how Showingly is aggregating showing, offer and closed data to determine the best day and time to list a home and explores what simple things a seller can adjust to secure more showings.   Listen in to understand how the desire for choice might impact the future of showing management software and find out if Showingly's approach is right for your brokerage or MLS.   What's Discussed:     Wes' background as an aspiring fighter pilot, professional cyclist, real estate agent and tech vendor How Showingly's use of data to guide decision-making differentiates it from other showing management solutions The key metrics Showingly looks at to drive pricing decisions and marketing strategy for a property What Wes' team is doing to get honest feedback on a property (and why that's such a challenge) How Showingly uses showing, offer and closed data to determine the best day and time to list a home How sellers might adjust pricing and Open House hours to get more showings Wes' take on the future of showing management software Showing Hub's solution to the demand for choice in showing management software Why Wes is focused on building relationships with brokerages, MLSs and other showing management providers How Wes thinks about MLSs building their own showing solutions and why competition drives innovation   Connect with Wes: Showingly Email wes@showingly.com   Resources: ShowingTime Showing Hub TourZazz   Our Sponsor: Cloud CMA for Brokers

The Broach Company will go the extra mile to help you achieve your goals while buying or selling your next home! We constantly research the market and property values so that you know the home you are buying, or selling is priced effectively. As your real estate representatives, we will utilize the powerful resources of the Keller Williams Realty System, Multiple Listing Services, and Inter-Company agents with social media and internet advertising to market your property. We will also provide a detailed marketing plan designed to get you moving. Exposure to local and surrounding markets is the key to a successful sale! We are committed to assisting you in all aspects of buying or selling your home. We always prioritize our client's needs by utilizing our never-ending exceptional customer service and experience. We will make the sale or purchase of your home and all the associated activities free of stress and easy to understand. Our goal is to exceed your expectations and provide you with exceptional service throughout our relationship and beyond the sale. Relocating to the Area? If you are moving to Columbia or the surrounding areas, We will assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact us for home-finding assistance and a free relocation package filled with information on Columbia and surrounding areas. We are the Key to Your Dream Home! The Broach Company at Keller Williams Palmetto Serving buyers, sellers, and investors in the Midlands and surrounding communities since 2002. The Broach Company's goal is to exceed your expectations by providing exceptional customer service with our expertise and our industry partners! When you choose to partner with The Broach Company, a dedicated real estate team, that is passionate about results, committed to teamwork, and focused on providing exceptional client service, it's a Win/Win for all parties involved! Penny Broach — CEO — Listing Specialist Brittany McGougan — Executive Assistant/Buyer Specialist Brittany works directly with our clients, coordinating all aspects of the contract to close the process to ensure all terms of the contract are met. Scheduling inspections and coordinating closing dates to adhere to the contract deadlines. Brittany utilizes her digital marketing skills to ensure the maximum exposure of our client's properties to our local, national, and international markets capitalizing on the exposure to net our clients the highest return in the shortest amount of time in today's market. Check out their links below! Facebook: https://www.facebook.com/TheBroachCompany Instagram: https://www.instagram.com/thebroachcompany/ Website: https://pennybroach.kw.com/ Our links: Website: https://hereforthehealthofit.com/ Instagram: https://www.instagram.com/hereforthehealthofitpodcast/ Facebook: https://www.facebook.com/hereforthehealthofit

Too many real estate agents think that marketing starts with internet lead generation software or advice to target a certain type of lead when a most important first step is to stay focused on choosing the geographic area within which you want to do business. This is easily determined by looking in the Multiple Listing Service to a reasonable area with plus or minus 500 sales in the last year.  Learn more: https://thegriffin.co/where-is-your-target-market-ask-a-griffin/ GRAB OUR FREE COURSES ➡ 6 Steps To Home Buyer Success - http://griffinbuyercourse.com ➡ 7 Steps To Home Seller Plan - http://griffinsellercourse.com ➡ 8 Steps To Agent Success  - http://griffinagentcourse.com   SUBSCRIBE TO THE PODCAST ➡ Apple Podcasts: https://apple.co/2HGL5qI ➡ PocketCasts: https://pca.st/itunes/1498940561 ➡ Castro: https://castro.fm/itunes/149894056 

Is Zillow turning into the Craigslist of real estate? Just how accurate is the data on MLS websites, and should consumers be given a guarantee of accuracy? From predicting a possible depression to come in 2023 to debating the irrationality of lightsabers, this episode of Industry Relations covers the need-to-know issues in today's real estate industry. Let's go! Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher   Connect with Rob and Greg:  Rob's Website Greg's Website Thank you to our sponsor: RentSpree Visit https://www.rentspree.com/ for more information! Read more about RentSpree's expansion in the rental market here: https://www.rentspree.com/insights/the-untapped-money-potential-of-the-rental-market This podcast is produced by Two Brothers Creative 2022

Listing Bits is back! If your role in real estate involves sales demos or any kind of training, you're likely familiar with the frustration of delivering the same webinar over and over again.   Or worse, preparing a webinar that is either poorly attended or no one shows up.   But what if you could do 100 or even 1,000 webinars a month—without getting in front of a camera?   Melissa Kwan is Cofounder and CEO of eWebinar, a platform that saves people from repeatedly delivering the same webinar by turning videos into automated, interactive webinars.   Prior to eWebinar, Melissa founded and successfully exited the real estate tech startup Spacio, a check-in app for open houses.   On this episode of Listing Bits, Melissa shares her journey as a proptech entrepreneur, describing how she developed her mad sales skills and why she was ready for a new challenge after Spacio.   Melissa discusses how her experience with onboarding and training for Spacio inspired the creation of eWebinar and explains what differentiates the platform from Zoom, YouTube videos and webinar replays.   Listen in for insight around Melissa's intentional approach to life and learn how your real estate business might leverage eWebinar to get your time back and spend it on things you enjoy!   What's Discussed:     The initial idea for Spacio and how it evolved into a check-in app for open houses How Melissa developed her hustle and sales ability out of necessity Melissa's successful exit from Spacio after 4 years of running the business The real estate leadership dinner that launched Melissa's career as an entrepreneur What differentiates eWebinar from YouTube, Zoom and webinar replays How Melissa's experience with training for Spacio inspired the creation of eWebinar How brokerages and real estate teams are using eWebinar to qualify leads The benefit of using eWebinar in terms of video quality and availability of content eWebinar's use cases for sales demos, onboarding and training How Melissa runs eWebinar to reflect her work less, enjoy more philosophy of life   Connect with Melissa:   eWebinar Melissa on LinkedIn ProfitLed Podcast   Resources:   Spacio Inman Connect Greg's Post on Melissa in Vendor Alley Pocket SAP HomeSpotter The 4-Hour Workweek by Timothy Ferriss   Our Sponsor:   Cloud CMA for Brokers

Realtors assemble! As Greg returns from the National Association of Realtors Expo in Orlando, he and Rob discuss trends going into the new year. From unsettling problems such as the hike in first-time homebuyer age and income, to the currently topsy-turvy world of vendors and MLSes, buckle up for what Rob is predicting will be “a crucible” for real estate in the year ahead. Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Thank you to our sponsor: RentSpree Brokers and agents are leaving money on the table by ignoring rentals. Read RentSpree's whitepaper on this untapped opportunity in a booming segment of the industry. https://www.rentspree.com/insights/the-untapped-money-potential-of-the-rental-market   Visit https://www.rentspree.com/ for more information! This podcast is produced by Two Brothers Creative 2022

Earnings call season is upon us! In this episode Rob and Greg go beyond the headlines and share their early reactions ro Zillow and Opendoor's Q3 reports. With everybody laying off their staff and the market leveling out; why Rob believes some right moves are being made and why Greg believes Q4 and 2023 will be a hunker down year.  Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Thank you to our sponsor: RentSpree Brokers and agents are leaving money on the table by ignoring rentals. Read RentSpree's whitepaper on this untapped opportunity in a booming segment of the industry. https://www.rentspree.com/insights/the-untapped-money-potential-of-the-rental-market   Visit https://www.rentspree.com/ for more information! This podcast is produced by Two Brothers Creative 2022

The market shift is fast approaching, and we need to leverage all our assets to get through it. Many of us are using social media for marketing, but are we extracting every drop of value out of it?    The content we post doesn't just keep us top of mind, it validates what we're doing which gives us a huge advantage in a market shift.    How can we improve the content we create? What are some of the tips and tricks we can use for successful marketing?   In this episode, Owner of EXIT Realty of the Smokies Diane Farr and Realtor Lisa Luther join me to discuss ways to improve our content and some resources that we can use to ensure we get results every time.     Three Things You'll Learn In This Episode    - How to gain an advantage without spending a dime There are endless tools for marketing as well as resources that are available for free. How can we take advantage of this for our content?   - The power of tracking How can we implement 8x8 tracking to see the best results?   - How to differentiate yourself  Your uniqueness makes your content better, how do you add a personal touch to your marketing assets?     Guest Bio   Diane Farr is the Broker/Owner of EXIT Realty of the Smokies. Diane has been a licensed Real Estate Agent since 2005 and obtained her Broker license in 2008. She is a current member in good standing of 3 local Multiple Listing Services and a member of the National and Tennessee Association of REALTORS. Diane is a Short Sale & Foreclosure Resource (SFR).   Find Diane on LinkedIn @DianeFarr or visit https://www.realtordianefarr.com.   Lisa Luther is a Realtor and Distinctive Properties Certified Agent. She is part of the Women's Council of REALTORS and MA State Liaison/Past State President.   Find Lisa on Instagram @realtorlisasellshomes or visit http://lisalutherrealtor.com.

One of the greatest mistakes that real estate agents make is trying to build their business upon what they perceive to be the way things work, or even worse, how they feel things work. The best way to build a real estate agent business is to stay focused on the facts that are easily found. Facts about the market are found in the Multiple Listing Service and facts about how your business works are found in your accounting for your income and expenses. You must be a realistic and confront the facts to know the truth about how things work and that will help you always be profitable in spite of external forces.  ACCESS THE SIMPLE SECRET PLAN OF THE WORLD'S HIGHEST PAID REAL ESTATE AGENTS! ➡ Free Agent Course - http://freeagentgift.com SUBSCRIBE TO THE PODCAST ➡ iTunes: https://apple.co/2CkWYB8 ➡ Spotify: https://spoti.fi/2pVPPQj ➡ YouTube: https://www.youtube.com/watch?v=Ng9Aa1OHCpo&list=PLZr1oCBuChAKeo8iLeOiuku87SVhtWEKn ➡Web: https://therealtyclassroom.com/podcast         

What is happening with the Broker Public Portal and why do you need to know? After divorcing CoStar, could this be the start of BPP 2.0, or is it really just the MLS Public Portal 1.0? This episode features an insider's perspective on what a new Broker Public Portal could look like, how it's different from ZillowKiller.com and Homes.com, and what separates this from an MLS Public Portal? Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Thank you to our sponsor: RentSpree Visit https://www.rentspree.com/ for more information! Read more about RentSpree's expansion in the rental market here: Miami announcement More on RentSpree Here: https://www.rentspree.com/insights/the-untapped-money-potential-of-the-rental-market This podcast is produced by Two Brothers Creative 2022

It's the rise of CoStar! From commercial to residential real estate, shocking Q3 earnings, and antitrust lawsuits, CoStar could be making some transformational deals in the near future that may have a serious impact on the marketplace. In this episode, Rob and Greg discuss Andy Florance's motivation going into Q4 and what potential deals are on the table for CoStar. Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Thank you to our sponsor: RentSpree Visit https://www.rentspree.com/ for more information! Read more about RentSpree's expansion in the rental market here: Miami announcement  This podcast is produced by Two Brothers Creative 2022

You can buy as much land in the Metaverse as you want, but that won't help you when it's raining. You need an actual roof over your head. When it comes to long-term success for any industry, do we need to put more value in “real” things? For decades, the market has been placing more and more value on the intangible rather than what's real and necessary, and Rob and Greg dive into how they believe that's about to change and what it means for the real estate industry. Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Our Sponsors:  Cloud MLX Notorious VIP This podcast is produced by Two Brothers Creative 2022

In this throwback episode, Rob and Greg discuss Opendoor and the “Game of Homes” – should you be able to sell and buy a home as easily as you can sell and buy things on other websites like Amazon? Opendoor's new approach could cause some waves in the industry as they appear to be removing certain hurdles that for years have impeded the home buying and selling process. Does the MLS industry need to change, and could Opendoor be the catalyst for that change? Rob and Greg break it all down in this heated discussion! Listen to the Industry Relations Podcast, available on all podcast platforms: Listen to the podcast on Apple https://podcasts.apple.com/us/podcast/industry-relations/id1204450450 Listen to the podcast on Stitcher https://www.stitcher.com/show/industry-relations Connect with Rob and Greg:  Rob's Website https://notorious-rob.com/ Greg's Website https://www.vendoralley.com/

So, the partnership between two real estate juggernauts has come crashing down. What happens next? CoStar and BPP have agreed to not pursue a partnership that would have helped create a national listing site to compete against third-party portals like Zillow; however, dreams can often turn to nightmares, and reality can often be worse than both. As Greg is on the road, this episode features some quick commentary from Rob on the partnership gone awry and what consequences lie ahead. Industry Relations is sponsored by NoteRouter Industry Relations welcomes our new sponsor Earnnest Listen to the Industry Relations Podcast across all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Our Sponsors:  NoteRouter Cloud MLX Notorious VIP This podcast is produced by Two Brothers Creative 2022

To connect with me, Heather McClaren, Realtor for more specific questions, click here To connect with our guest, Jeannie Davis, Senior Loan Officer click here Jeannie Davis Team NMLS #1106965 4280 N Campbell Avenue, Suite 107 Tucson, AZ 85718 jeannie.davis@myccmortgage.com Tel Phone(520) 282-4269 Cell phone(520) 991-9443 Fax520-282-4269 When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To connect with me, Heather McClaren, for more specific questions about Xeriscape Landscaping in your area, click here. Denver Water: 7 Basic Xeriscape Principles Low Water Use Drought Tolerant Plant List for Arizona - from the University of Arizona Water Resources Research Center AMWUA: One for Water - working with 50% of the state's population in the Phoenix area Coconino County: Xeriscaping Image Courtesy of Tucson Local Xeriscaping Landscapers: Sonoran Gardens Landscape & Design Construction When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To connect with me, Heather McClaren, for more specific questions about iBuyer Fast Cash for you Home vs. Traditional Sales click here. For more on the iBuyer Program I work with and can guide you through click here. When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) #iBuyer #iBuyerprograms #fastcashforyourhome #quickbuyoffers #conveniencefactor #azhomes #azrealestate #azrealtor Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To connect with me, Heather McClaren, for more specific questions about Caliche & homeownership click here. More on Caliche, here Photo by, these folks Managing Caliche in the Home Yard, here When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) #ArizonaSoil #Caliche #ArizonaWater #Poolconstruction #Rainwaterharvesting #AZliving Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To connect with me, Heather McClaren, for more specific questions about Arizona Water click here. Arizona Dept. of Water Resources here CAGRD here CAP here University of Arizona Water Resources Research Center here When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) #ArizonaWaterSupply Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To connect with me, Heather McClaren, for more specific questions click here. When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

For more information on Tucson City Rebates and Incentives to utilize Rainwater & Gray water systems, look here For more information on Rainwater Harvesting please contact me here When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) To connect with me, Heather McClaren, for more specific questions click here. Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

Sellers are loving the surge in home prices, but it's quite a different story for folks trying to buy a home in this crazy real estate market. Today on MoneyWise, a few ideas to help homebuyers survive in a seller's market. It's hard to believe that home values soared nearly 20% in 2021! Houses stayed on the market for days, not weeks, and they often sold for more than the asking price. Usually, that kind of spike is short-lived and is often followed by a market crash as the bubble bursts. But analysts are predicting that's very unlikely given our present circumstances. Those conditions are a continuing high demand for housing that far exceeds the available supply of homes. We learn in Economics 101 that when demand is high and supply is low, prices rise. So how can you best prepare to first, successfully purchase a home this year and second, keep it within your budget? BUYING IN A SELLER'S MARKET Start by not going it alone. This is not a D-I-Y market for buyers. Interview at least three real estate agents and pick the sharpest one. You want someone with a track record of helping folks buy homes in the neighborhood of your choice and who'll stay on top of new listings. You or your agent may want to make a list of the other real estate agencies in your area and make frequent calls to them, checking to see if they're working on potential houses that haven't been entered into the Multiple Listing Service yet. You might be able to make an offer before a house hits the market. But be ready to make a quick decision. You also want to get pre-approved for a mortgage before you set foot in the first house on your list. That'll give you a leg up over the competition that hasn't bothered to look into financing. But understand that the lender will likely approve you for a bigger mortgage than you'll be comfortable with. Work up an estimated budget that allows 25% or less of your take home pay for housing expenses. Also, you have to realize that in this market, buyers can't be choosers. The goal is to find an affordable home that meets your needs, not your dream house. Be flexible with your must haves and be willing to make changes. Location is probably the most important thing to hold out for. You can finish that unfinished basement later. And due to the high demand for houses, there's a construction boom going on right now. You might find more availability and better pricing in a new home, even though it probably means you'll have to wait longer to move into your home. BIDDING FOR A HOUSE Don't bother trying to lowball a seller in this market. With many homes selling above the asking price these days, making an offer below that won't get you anywhere. To be competitive, you'll have to come in very close to the asking price, if not a little above. Here again, your agent can help you come up with a realistic opening offer. You may find yourself in a bidding war where emotions can run high. You'll need to keep your wits about you or you'll find yourself with a fat mortgage payment and eating a lot of peanut butter. Know the absolute upper limit of what you can spend and have the discipline to stop there. And don't try to put a lot of conditions on your offer. Sellers aren't in the mood to throw in a major appliance or give you a new roof allowance if you feel the house might need one. You have to keep the seller's interests in mind. For example, agree to a closing date of the seller's choice, not yours. CONSIDER WAITING And one final thought: You might consider doing nothing. That means waiting until the market moderates somewhat. When inventory catches up with demand, you'll have less competition. You definitely should wait if you haven't saved up 20% for a downpayment yet. There's no sense in adding the cost of private mortgage insurance to your mortgage payment which is likely to be high to begin with. PMI is required if you can't put 20% down, and it could run as high as $70 a month for every $100,000 you borrow. It only protects the lender in case you default. It has no value for you at all. So those are some tips for surviving a seller's market. We hope you find them useful. If you're looking to buy a house this summer let us know how it works out. On today's program, Rob also answers listener questions: ●Will your heirs have to deal with probate upon your passing? ●What is the best way to invest $80,000 to earn a good return but be able to access it within 5-10 years? ●When does it make sense for both spouses to invest for retirement? ●How do being a generous giver fit within being a good steward? ● RESOURCES MENTIONED ●Sound Mind Investing ●Find a Certified Kingdom Advisor Remember, you can call in to ask your questions most days at (800) 525-7000 or email them toQuestions@MoneyWise.org. Also, visit our website atMoneyWise.orgwhere you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!Remember that it's your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking theDonate tab on our websiteor in our app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

To read the NAR 2021 Home Buyers and Sellers Whose Buying Guide for data I referenced in this Podcast, click here. When you work with me you are working with a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) To connect with me, Heather McClaren, for more specific questions click here. Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

For more on Capital Gains exclusions on home sales I refer you to the IRS: https://www.irs.gov/publications/p523 When you listen to me you are listening to a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) To connect with me, Heather McClaren, for a 1031 exchange expert to meet your needs or just more on investing in AZ or for more specific questions in Arizona or around the globe, click here. Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

To read the NAR 2021 Home Buyers and Sellers Whose Buying Guide, click here. When you listen to me you are listening to a/an: Broker Associate at Long Realty Company At Home With Diversity (AHWD®) - Equal Housing Opportunity Specialist Seller Representative Specialist (SRS) Accredited Buyer's Representative (ABR®) Senior Real Estate Specialist® (SRES®) Resort and Second-Home Property Specialist (RSPS®) e-PRO® - Master of Advanced Digital Marketing - that get's your home sold for top dollar Member of National Association of Realtors® Member of Arizona Association of Realtors® Member of Tucson Association of Realtors® & the Multiple Listing Service of Southern Arizona (MLSSAZ) (Serving Southern Arizona & much of the state of Arizona) To connect with me, Heather McClaren, for more specific questions in Arizona or around the globe, click here. Musical clips by: https://www.bensound.com/royalty-free-music/3 --- Send in a voice message: https://anchor.fm/heather-mcclaren/message

For those of you that don't know what an MLS is, it's a Multiple Listing Service, and it is where realtors, real estate agents, and brokers list their properties for sale. It's a marketplace that can be accessed only if you're licensed and it's another great way to find great deals.

A North Texas winter storm thwarted our recent recording session, but we still have something to say. Join us as we revisit a previous conversation with North Texas Real Estate Information System CEO John Holley. The original conversation was prompted by litigation against the National Association of REALTORS® that is still ongoing today. 

In this episode I have asked Mark Messimer to be a guest, Mark is the Director of Industry Outreach and is with MLS listings here in Northern California. We discuss  the multiple listing service and how it fuels the listings you see on the internet.Because I want to give information about what goes on behind the scenes in real estate, I asked Mark to describe what he does to a friend or a neighbor. How do you describe the MLS. Mark also explains how things are going to change in the listing world and how the consumer views them and how Zillow is always trying to take over!MLSListings.com

Fixed Price MLS listing vs Listing with an Actual Real Estate Agent (LA 1545) Transcript: Steven J Butala: Steve and Jill here. Jill DeWit: Hello? Steven J Butala: Wow. Welcome to Land Academy. Jill DeWit: Puberty just strikes at crazy times, doesn't it? Steven J Butala: Mid fifties. Jill DeWit: Exactly. Steven J Butala: I'm just now getting my adult voice. Jill DeWit: There you go. That's right. Steven J Butala: Figuratively and literally. Jill DeWit: You used to sound like your mom when you were 12 and now you sound like your mom again. Just kidding. Steven J Butala: Welcome to the Land Academy Show. Entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And, I'm Jill DeWit. Steven J Butala: [inaudible 00:00:36]. Jill DeWit: I mean, hilarious. If my voice dropped four octaves. Steven J Butala: Know what else would be hilarious? If you were the data person for a week and I was the salesperson for a week. Jill DeWit: Oh my Goodness. That would be a disaster. Anyway, we are broadcasting from sizzling, Scottsdale, Arizona. But it's cool. Steven J Butala: Today, Jill and I talk about fixed price MLS listings versus listing the property with an actual real estate agent. Jill DeWit: Not like a fake real estate engine, a real one. Actual. Steven J Butala: Most of them are fake actually. Jill DeWit: That's why you put that there. You should say one that shows up. Just kidding. Steven J Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free and if you're already a Land Academy member, please join us on Discord. Jill DeWit: Jeanette wrote, Hi Jeannette. Jill DeWit: "What flat fee MLS listing service is best for land? I hear a lot of people using Zillow, but if you use a different flat fee MLS service, it gets listed there anyway. Also, is the flat fee MLS fee per property, or does it allow for multiple property listings or switching properties for the listing period? Help, please." Jill DeWit: I can answer this. Steven J Butala: Oh, yes. Jill DeWit: Okay. I was waiting. So, it's per property and listing. You don't just... It's not like a turn it on, turn it off thing at six months to do like LandWatch or land and farm for your signature things. You have 10 that you could have running or five you can have running depending on whatever your deal is with them. Or you could put one up, it sells, take it down, put another one in its place. As long as you don't go over the five or the 10 or 20, whatever you have. So, this is a whole different thing it's per property. Jill DeWit: So, what does it cost? Anywhere from... I've seen deals down to man $39 for six months up to $400, 395 for six months, depending on the location. Because I think, I know that their contracts vary what each individual MLS and stuff, regions in the country charge these services. That's where the money difference comes in. Jill DeWit: So, do we want to jump into, I kind of answered her questions. Can we jump into the show because I'm going to talk even more about this. Steven J Butala: Today's topic fixed price, MLS versus listing with an actual real estate agent. This is the meat of the show. Jill DeWit: So, what the heck are we talking about? Steven J Butala: Well, let's define what the MLS is really quickly. Jill DeWit: That's... Okay. You define MLS. Steven J Butala: You took a lot of notes in this. Jill DeWit: I kind of did. Steven J Butala: This is right up your alley because we saw the vast majority or maybe all of our property with real estate agents now, so Jill's qualified. Jill DeWit: Do people not know what the MLS is? Steven J Butala: Yeah. People don't know. Jill DeWit: Okay. You define the MLS, then I'll define the different ways to get things right on the MLS. Steven J Butala: The MLS is an acronym for a Multiple Listing Service. There are approximately 344 ish of them in the country.

Maryland REALTORS®' CEO, Chuck Kasky, speaks with Bright MLS CEO, Brian Donnellan,  about the evolution of the MLS systems, corporate identity, NAR's clear cooperation policy, and more.