EPISODE · Dec 30, 2021 · 29 MIN
Buffini Bold Predictions Recap
from The Aaron Advantage · host Aaron Luttrull
Aaron Luttrull shares some of Brian Buffini's, Dr. Lawrence Yun's and his own predictions for the real estate industry for the future. Brian Buffini: https://www.buffiniandcompany.com/ Brian's Predictions: * Lowest Inventory in 50 years, still highest of homes sold in 15 years *More people becoming Realtors *Higher agent turnover due to unexpected market changes *Paramount to agent survival is to find the right brokerage that provides great training and support for their agents *90% of buyers surveyed said they would use their agents again, but truth is 28% actually call their previous agent again due to lack of agent involvement with clients. Personal connection with clients is a must Dr. Lawrence Yun: https://www.nar.realtor/lawrence-yun *Not all new agents are going to succeed in this market, so they need align themselves with experienced brokerages with the best training and support during the changes. *Highly professional skilled agents will be what is sought out SOME GOOD HABITS FOR THE NEW YEAR FROM DR. YUN: *Have fun with the fundamentals: face to face with clients, personal connections and lots of good communication will be necessary to succeed. *Celebrate ALL your successes, both seemingly small and large. Need to keep that "good feeling" in your brain to keep you going through each deal. *Take good care of yourself and always keep training to be a better person and agent. If you aren't improving you are becoming obsolete. DR. YUN's BOLD PREDICTIONS: *Tapering of huge home appreciations *Agents need to make good investments to set themselves up for the changes in real estate in order to keep themselves protected *Expect the market to slow down by the middle of next year, not remain a frenzied market. *2022 will have us seeing a changed market in general *2023 will be a market for skilled professionals in real estate AARON'S PREDICTIONS FOR OUR LOCAL MARKET: *It will be mostly like the national market with increased pricing and a slow down of crazy sales, however it will still be in the average range since our market generally doesn't have huge fluctuations in prices. *Our local association is the largest it has been in years but we may see an exit of some agents and others moving to a team for more skills and training. *F.C. Tucker Emge Realtors will still be the pre-eminent training source for new agents in our local market Music: It Just Makes Me Happy by Dj Quads Follow me online here: https://linktr.ee/theaaronadvantage
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Buffini Bold Predictions Recap
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