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Hustle Humbly Podcast

111: Sellers' Market Shenanigans

Hustle Humbly Podcast

Alissa Jenkins & Katy Caldwell

Entrepreneurship, Business

4.9914 Ratings

🗓️ 20 September 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary

When inventory is low and demand is sky high, things can get a little wild. In this episode, we're talking about sellers' market shenanigans—the chaotic, frustrating, and sometimes unethical behavior that shows up when the market gets competitive.

From agents behaving badly to desperate buyers trying every trick in the book, this episode pulls back the curtain on what really happens during a hot sellers' market.

We also share a behind-the-scenes update on Alissa's latest flip project and the surprising challenges that came with buying a property from multiple heirs.

Here's what we cover in this episode:

- The reality of sellers' market shenanigans in competitive markets
- Alissa's flip project and the challenges of purchasing from multiple heirs
- Renovation planning and contractor relationships
- A difficult appraisal situation and what it meant for the buyers
- Why empathy matters during stressful transactions
- Unethical behavior some agents resort to during multiple-offer situations
- Stories of agents manipulating showings and listings
- How professionalism can set you apart in a chaotic market
- The growing presence of FSBOs and discount brokerages
- Why maintaining boundaries and ethics matters more than ever
- The importance of protecting your reputation during tough transactions

Sellers' market shenanigans may come and go, but professionalism, kindness, and integrity should always stay the same.

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Music:  

Straight A's by Connor Price → https://connorprice.shop/  

The Good Life by Summer Kennedy → https://soundcloud.com/summerkennedy/the-good-life  

Be The One by Matrika → https://uppbeat.io/t/matrika/be-the-one

Transcript

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0:00.0

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0:09.5

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0:19.5

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0:24.2

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0:25.4

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0:27.5

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0:32.5

That's hustle humblypodcast.com slash deals.

0:39.3

A house came up.

0:40.9

I'm like, no, it's perfect for my client.

0:44.1

Oh, my word.

0:46.5

I love when you're trying to sort through something.

0:49.8

So let's hear it.

0:52.6

Right.

0:53.0

But some of them haven't just started. They're just not worth anything. We it. Right. But some of them haven't just started.

0:54.5

They're just not worth anything.

0:55.5

We asked.

0:56.4

Right.

0:59.4

Hi, y'all.

1:00.2

Welcome to Hustle Humbly.

1:01.4

It's Alyssa and Katie, and we are two top producing realtors in the Baton Rouge market.

...

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