First-Time Buyers: Myths, Programs, and Financial Tips

Real Estate Training & Coaching School

Business, Careers

4.7 • 669 Ratings

🗓️ 27 September 2024

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Myth: First-Time Buyers Are Priced Out of the Market Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com While affordability challenges exist, many first-time homebuyers are still finding ways to enter the market. 32% of all home purchases in 2023 were made by first-time buyers, up from 26% in 2022. The myth that first-time buyers are priced out is dispelled by the numerous financial programs designed to reduce home purchasing costs. Programs That Help First-Time Buyers First-time buyers have access to a range of programs that help make homeownership more affordable: FHA Loans (Federal Housing Administration): Low down payments (as little as 3.5%). Lenient credit requirements for buyers with credit scores of 580 or above. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/

Transcript

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0:00.0	Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.
0:10.2	This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.
0:18.2	What's really working in today's market, how to generate more leads,
0:21.8	make more money, and have more time for what you love in your life. And now your host, Tim and
0:28.3	Julie Harris. Welcome back. Today, Julie and I are going to dispel first time buyers myths,
0:35.6	and we're going to let you know about the programs and the different financial tips. This is something that we've had quite a few requests,
0:41.7	especially after the podcast we've been doing the last couple weeks, about buyers, and a lot of
0:46.3	frankly, a lot of really absolutely terrible information out there about what's going on in the
0:52.0	market as pertains to first-time buyers. So what we're going to do,
0:55.1	and again, this is because you all requested it, is we are going to be giving you a drill down on
0:59.5	all the different first-time home buyers, buyer programs are available out there. A lot of this stuff
1:04.5	is, you know, it's kind of sort of dry and droll, but the reality of it is is you need to know it. Now, our notes for today's podcast, which you
1:11.2	absolutely have to have, Julie and I spend a lot of time on these notes, are available over on our
1:15.7	newsletter, Harris Real Estate Daily.com. So make sure you go over to Harris Real Estate Daily.com. You have to
1:21.0	subscribe. The newsletter doesn't cost you anything. And then you'll have immediate access to all of our notes, and you'll start having the notes
1:27.5	from that day's podcast emailed directly to you. The newsletter's been an enormous success.
1:32.5	Did I tell you the open rate's close to 50% now? That's awesome. Yeah. So the newsletter has been
1:35.8	a huge success for us because it's obviously a success for you. So subscribe to Harris,
1:40.4	Real Estate Daily.com, and get these notes. These are the notes that you're going to want to
1:44.3	have when you're making your social media content, when you're talking to first-time buyers,
1:48.7	when you're educating other agents. We know there's a lot of YouTube coaches that are using
1:52.7	our notes from our podcast, and that's fine. We give them permission to use the notes.
	...

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