4.7 • 669 Ratings
🗓️ 21 September 2023
⏱️ 24 minutes
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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. Listeners, have you ever heard this before? Have you ever heard a prospective seller |
0:35.2 | tell you, I would happily list my house with you, but I can't |
0:40.2 | until I find a home to buy. Boy, is that ever a conversation, Ender? Yeah, I would list my home, |
0:45.7 | but where's all the inventory? You know, sellers can go online. They're searching all the time. |
0:50.2 | Everything they see is pending. There's not a whole lot popping up. I would give you my listing, |
0:54.0 | but where am I going to go? Now, here's the thing. With record low inventory nationwide, |
0:59.4 | realtors seem to be hearing the same thing day in and day out, which we just said, |
1:02.9 | I'd move, but where would I go? For most agents, unfortunately, that's the end of the conversation, |
1:08.4 | simultaneously ending the possibility of taking a new listing, |
1:11.6 | as well as facilitating that buyer side. After all, nationwide inventory is at all-time lows, |
1:17.3 | and according to Altos research, it bubbles up between 400,000 and 500,000 actives. When you take |
1:23.0 | the pendings out, we're still at least a million listings shy of being in a balanced market. Okay, does not |
1:28.8 | include all new construction, number one, but number two, here's something I want you guys to |
1:32.2 | keep in mind. Your sellers who have, who want to, you know, obviously buy something else |
1:37.3 | once their property sells, whether it's more expensive or less expensive, they are, guess what, |
1:42.0 | not worried about the interest rate. That is not what's holding them back. |
1:45.3 | What's holding them back is the lack of something to choose to purchase. That's what their issue is. |
1:50.2 | Why is it not the interest rate? Because most of the sellers in your marketplace, half of which have |
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