Summary of What The Housing Market Shift Means For You
The video discusses the impact of a shifting housing market on buyers, sellers, and real estate agents. Key points include:
- A shifting market requires changes in behavior and strategies.
- Factors like inflation, rising interest rates, and lack of inventory can influence the market.
- Consumers often feel paralyzed by negative news and uncertainty.
- Real estate agents can use emotional intelligence and messaging techniques to help clients navigate the market.
- Strategies like Hidden Gems (finding special financing options) and Stop, Drop, and Save (utilizing programs to lower interest rates) are recommended.
- Buying property, even at higher rates, can lead to wealth accumulation through equity and refinancing.
- Real estate trends generally show an upward trajectory over time.
- The video offers two shift modules, Hidden Gems and Stop, Drop, and Save, to help agents guide clients through the market changes effectively.
Presenters
- Workman Success System
Notable Quotes
— 01:37 — « Thats what it means to be in a shifting market. »
— 01:54 — « If its not bad news, they dont show it. »
— 02:55 — « Things like adjustable rate mortgages. They are things like conventional loans that are assumable, VA loans, where people can assume a low-interest rate loan. »
— 03:03 — « There are all kinds of products out there that we call hidden gems that most agents dont take the time to really learn. »
— 04:59 — « Thats whats created most of the wealth today is in real estate that happens by buying and selling it. »
Category
Business and Finance