June 20, 2022
Members Library
Monday News You Can Use!
June 20, 2022
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Send to buyers: Looking to buy a home? Here’s why you shouldn’t limit your house-hunting to the weekends.
Send to Sellers: Considering offers on your house? Make sure you factor these details into your decision.
Mortgage Rates UP
Why you shouldn’t delay your home improvement project
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Conversation Advancer:
(remember you’re supposed to get objections)
“I want to find a house before I put mine on the market.”
“I agree, finding your new home is important and it may take as long as 1.5 to 3 months for your home to sell. Then it will take another month to six weeks to get the closing done and by that time, any home that you would have found will likely already be sold. And we can ask for post closing occupancy. Motivated Sellers today are looking for non-contingent offers. There’s a couple of ways we can make your offer stronger.
The goal is to get you into that new home right?
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Tech Tip
For those of us without decent handwriting – A handwritten note service
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Member Monday: Creativity in Relation to the other Energies
Monday News You Can Use!
June 13, 2022
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So this Monday News is a bit different – focusing on the PulseEnomics/Zillow report just published last week.
- Sixty percent of housing experts polled by Zillow don’t believe the housing market is in a bubble, compared to 32% who do.
- The panel expects to see a short recession by 2024 as the Federal Reserve works to tame inflation.
- The panel raised home price growth forecasts for 2022 as demand stays strong
There are two charts that are critical in helping your clients make good decisions:
First Is when the economists predict the recession will occur Predictions start in the 3rd quarter of this year with most expecting before the 3rd quarter of next year. Surprisingly 16% don’t expect it until after 2025.
The second chart (not from the report) Shows that recessions do not necessarily affect housing prices (the biggest downturn was in 2006 to 2011) the previous 4 recessions saw either price increases and or very slight decreases.
More interesting is the chart that shows what these 114 economists predict for housing prices.
The most pessimistic says over 9% increase for the next 4+ years. The average of all of them is 26% increase- So this chart is great to share with buyers worried about “the imminent crash.” There isn’t going to be a big crash. Share this chart with everyone.
As with all statistics remember that none of these experts predict 5.25% interest rates last winter – they all said 4.5% by the end of 2022.
On another note Case Shiller shows highest rate of appreciation
Good article on Financial Advisors and Real Estate Investors – interesting our guy said buy real estate, not stocks two months ago.
Lies, Damn Lies, and Statistics
Benjamin Disraeli
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Member Monday: The Power of Creativity
June 06, 2022
Monday News You Can Use!
June 6, 2022
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Some Highlights
- It’s important to understand history proves an economic slowdown does not equal a housing crisis.
- In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
- If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008.
For everyone – Backyard design rules to be broken
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Tech TIP
Good article on how to wipe your device if lost or stolen
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Monday News You Can Use!
May 30, 2022
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Pending home sales down over 9%
Short Video from Realtor.com economists – Moving to new Normal – rent at new highs!
Lock in rates now – feds planning to increase 50 basis points – Money moves to make now.
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Tech Idea
Youtube Videos – Do any of you do video tours?
Conversation Advancer
I can’t net less than $XXX,XXX or I’ll have to sell on my own.
What I hear you saying is that you believe you could net more on your own, is that what you believe. That’s a bit like saying I don’t know how to sail but I’m going to take this 50-foot sailboat onto the open ocean in uncertain weather. Would you really want to take that risk?
Because it means you have to put up the upfront marketing expenses and time to try to sell it. In spite of the statistics saying over 90% of all Americans who sell use an agent and that year after year studies show agents net an owner more money and do the work at closing. We all like to save money – I shop at Costco, too – but I am willing to pay for things that add value (cost less than their value).
I’d like to make this ZERO Risk to you. I’ll let you cancel the listing with 24 hours’ notice anytime, at no cost, if you feel I’m not doing a great job for you!
Finally, prayers for the families who have lost family members to gun violence.
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Member Monday: How to BE more Creative at work
May 23, 2022
Monday News You Can Use!
May 23, 2022
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Send to all your potential Buyer Clients – When to increase your housing budget?
Mortgage Rates Highest since 2009
Send to everyone – Remodeling tips on a budget
Fun argument – are real estate reality tv shows good or bad for the business s- what do you think?
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Techie News
I’m really enjoying this card-making app!
https://www.feltapp.com/
Handwritten Cards for the Modern World
Sealed, stamped, and mailed – all from your phone or tablet.
Conversation Advancer
One to have with yourself 🙂
I think Big
I am not focussed on what is possible. I think BIG. I set goals that really excite and inspire me. I take whatever fear and turn it into rocket fuel to go out and take action. I unleash my creative power to help me achieve them. I discover ways to make it happen when I focus on what I want (even when I don’t know how I am going to do it.) I love thinking big. I am a big thinker. I love the experience of being willing to think big thoughts. I love the thought” What would I do if I knew I couldn’t fail?”
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How to Choose a Niche -starting with Minimum Standards
May 20, 2022
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