EPISODE · Jul 3, 2024 · 22 MIN
Episode #33: Seven sources of new listings in today's market!
from If You List You Last Podcast · host Bob Mangold
**Introduction**- Host: Bob Mangold, The Listing Coach- Episode: 33- Podcast: "If You List, You Last"- Thank you for listening, sharing, and downloading- Invitation to join the Real Estate Asset Advisor Facebook group**Upcoming Live Podcast**- Topic: Overcoming Objections- Format: Live on Zoom, recorded for future podcast- Join Facebook group for updates and notifications**Market Update**- **New Home Data**: - Annual sales pace: 619,000 homes, down 11.3% month-over-month - Revised data shows a 2.4% drop, highlighting inaccuracies in reported figures - Median home price: down 0.1% month-over-month, 1% year-over-year - Misleading media reports on home prices - Total inventory: 481,000 homes, but only 99,000 completed- **Employment Data**: - Federal Reserve officials claim employment data is inaccurate - Seasonal adjustments distort the true picture of employment- **PCE and Inflation Numbers**: - Inflation around 2.8%, excluding food and shelter - Impact on bond market and potential rate cuts**Listings Insights**- **Market Reality**: - Despite low-interest rates, certain segments will always sell homes - Homeowners facing financial strain may consider selling- **Mortgage and Debt Analysis**: - Example of a widower benefiting from debt analysis and home sale**Sources for Listings**1. **FSBOs and Expireds**: - Low hanging fruit, essential for agents - Upcoming class on how to approach these leads2. **Divorce**: - 67.5% of divorced homeowners sell within 24 months - Home Boss listing system helps maximize value with minimal hassle3. **Seniors**: - 58% of listings in 2023 from homeowners aged 55 and older - Seniors often need to downsize due to various life changes4. **Flippers**: - Specialized approach to working with property flippers - Potential for consistent transactions and referrals5. **Probate**: - Handling inherited properties - Providing resources and support to families during difficult times6. **Expired Listings from 12-18 Months Ago**: - Revisiting old expired listings for potential opportunities - Targeting specific zip codes for better results7. **Airbnb Owners**: - Identifying struggling Airbnb owners looking to sell - Researching and reaching out to these potential sellers**Conclusion**- Encouragement to build databases and follow-up systems- Invitation to join the Real Estate Asset Advisor Network for support- Weekly overview webinar on Thursdays- Final thoughts: Importance of consistent effort and strategic planning in real estate---**Links and Contact Information**- Facebook group: Real Estate Asset Advisor- Schedule a call: www.brainstormwithbob.com- Webinar registration: www.creaoverview.com---**Closing**- Encouragement to go out and take listings- Reminder: "If you list, you last."I’ve written a new book, that listeners can download for free! The title of the book is: The BOSS...An AI Machine That Can Run Any Real Estate Business While The Agent Is Out Selling Homes. Who should read the book? Any agent that finds their marketing stops when they get busy, their database sits untouched, and follow-up depends on their memory. This guide shows how AI can keep the business-building work moving behind the scenes. Download it and see how experienced agents are using AI behind the scenes to earn more while working less! You can grab it now at www.TheAIBossBlueprint.com
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**Introduction** - Host: Bob Mangold, The Listing Coach - Episode: 33 - Podcast: "If You List, You Last" - Thank you for listening, sharing, and downloading - Invitation to join the Real Estate Asset Advisor Facebook group **Upcoming Live Podcast** - Topic: Overcoming Objections - Format: Live on Zoom, recorded for future podcast - Join Facebook group for updates and notifications **Market Update** - **New Home Data**: - Annual sales pace: 619,000 homes, down 11.3% month-over-month &...
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Episode #33: Seven sources of new listings in today's market!
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