Episode #589 - Real Estate Only - Ron and Don talk about the pitfalls of waiting for rates to come down, and what to do instead.
Ron and Don Radio
Ron and Don
4.9 • 946 Ratings
🗓️ 28 July 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | If you're in Seattle, Seattle, and you need to buy your cellar home, we'll be right there for you because |
| 0:09.7 | we're the realtors that you can trust. So good to riding does a down that come. Don't go anywhere unless you want to |
| 0:30.3 | Don't go anywhere unless you want to to the Ron Don show starring starring Ron and sometimes me at Ron and Don.com |
| 0:36.0 | Hey guys what's going on welcome to episode 589 it's Friday so it must mean it's the real estate only addition to the Ronodonto. |
| 0:44.4 | Just one segment and we're talking about something that we've learned is brokers here in |
| 0:47.8 | Seattle, really just regional brokers, because a lot of you that are part of the Ron and Dawn Nation that listen to us on |
| 0:54.5 | terrestrial radio for years are now using us as your real estate agents as well. |
| 0:58.8 | And so that means is we have lots of experience in selling in Pierce County in Snohomish County, |
| 1:04.0 | and Skagit Valley, an Island County, and of course, Pearson King. |
| 1:08.8 | So anyway, if you need us, we have the largest social media following of any realtor in Washington |
| 1:14.4 | state. We're not afraid to use it. And Ron you wrote something pretty cool |
| 1:18.4 | this week. There's something that we that a newsletter we send out called The Nation News and you wrote something pretty |
| 1:25.1 | compelling in the Nation News this week, right? Yeah, I'm trying to think about |
| 1:29.7 | some of the sit-downs and clients we've had in 2023. |
| 1:34.1 | And there's a sentiment in the market that is really risk-averse. |
| 1:39.2 | People are concerned and worried, and I think they're trying to avoid any sort of |
| 1:45.7 | catastrophe and so they are pulling way back and I and I get that I understand the logic especially around as interest rates were going up and inflation was going up things seem more expensive and so the people just stopped. Are they stopped in their tracks? |
| 2:05.3 | There's a bit of hive mentality that happens in real estate for some reason. They don't really |
| 2:10.6 | understand the Pacific Northwest, but it's a real thing. |
| 2:14.0 | You'll have all of a sudden something will take off and it just gets into the ether and |
| 2:19.2 | a phenomenon will happen. |
| 2:21.1 | But I think people, by large are not very good at risk assessment. I think it's |
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