Housing Market has CHANGED? Real Estate Charts seem to trend down? We'll discuss, Join Me!

We had a fantastic show tonight! People in the chat, great news articles and tweets…a kitchen sewer line update! I mean, it doesn’t get any better than that, does it?

We’ve gotten through the luxury vinyl planks, the underlayment, and the insulated subfloor and we found concrete. It was wet. I’m thinking the smell is going to be less worse? If that is possible.

Next, we discussed condo association management and how they are all different in their own ways and how some are just intent on charging you fee after fee.

We moved on to a discussion…what if the algorithm is wrong? Like maybe you click on some poseur talking about how many Airbnb rentals he has and how he is making all this money. Then the algorithm sees that many people click on this same video and then all of a sudden the algorithm is pushing this garbage advice when you should probably NEVER do what the guy is saying. It has happened to me when I write a title about inflation and it’s ills. No one clicks. When I write a title about starting a business or lessons learned running a business, it’s click city.

The Twitter was fantastic….we saw a thread from Mike Simonsen, in particular. He had a thread with many real estate charts going down. Hence, the title of the video.

We moved on to news and commentary with an article about the CEO of Corchoran living being accused of fraud. John provided his thoughts about things you would never want to do as a broker: short the commission of your agents or delay payments in any way. That is a sure way to lose your agents quickly.

Next we went over a fascinating realtor.com article discussing how seller concessions are actually good for both parties. Seriously. This was an article. John pointed out that this was a relevance article. When times were good for sellers, the articles were written about how hard it was to be a buyer. Now that buyers are sparse, we get articles about how sellers should be happy to make concessions to sell their home.

Finally, when should an agent fire their client? John fired a client who he was sure was on meth who just didn’t make any sense….she would talk about someone else buying a house for her, but there was no one else. She would talk about a preapproval but the lender would say that isn’t happening.

We had a wonderful show tonight and I hope you come on over and chat!

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Mortgage Rates came in at 6.64 percent on a 30 year fixed today.

1. Kitchen sewer update…we have movies(I think) AND it smells like bleach. Probably won’t fall asleep midstream today.

2. Difference in association management companies that I have personally experienced within the past month.

3. What if the algorithm is wrong? When I talk about inflation, crickets, when I talk about starting a business or something I’ve learned, less crickets. Dare I talk about real estate investment? Dumpster rentals? Airbnb’s? I mean, this would explain some things, no?

From Google Trends nothing of interest.

On the Twitter

Stephen Punwasi
https://twitter.com/StephenPunwasi/status/1594861068106747904

Danielle Levy
https://twitter.com/EstateLevy/status/1594751039999250434

Darth Powell
https://twitter.com/GRomePow/status/1594855762152390656

Ryan Lundquist
https://twitter.com/SacAppraiser/status/1594853247696928770

Mike Simonsen
https://twitter.com/mikesimonsen/status/1594770153694236679

Nik Shah
https://twitter.com/NikhaarShah/status/1594843500272664576

Kira Mason
https://twitter.com/kmasonrealtor/status/1594833032795414528

Real Estate News and Commentary

Corchoran global living CEO accused of fraud…let’s take a look
https://therealdeal.com/2022/11/21/turmoil-at-corcoran-global-ceo-accused-of-fraud/

The Market has changed and so now we go over seller concessions!
https://www.realtor.com/advice/sell/what-are-seller-concessions

Would I fire a real estate client? Let’s look at this more closely
https://therealdeal.com/2022/11/20/when-real-estate-agents-fire-clients/

Drop me a line @ media@deerwoodrealtystl.com

We’re online at https://www.deerwoodrealtystl.com/

Similar to real estate channels like The Ramsey Show, Jeb Smith, Javier Vidana, Kristina Smallhorn.