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Real Estate Rockstars Podcast

SOTM 25: Will Baby Boomers Cause the Next Real Estate Market Crash?

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 3 July 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

Experts predict that baby boomers will sell off their homes in large numbers within the next decade. But with debt-ridden millennials unable to afford them, qualified buyers could be hard to come by. If enough baby boomers start selling homes under market value, it could affect home values on a much wider scale. Will this cause the next real estate market crash? Find out on today’s State of the Market podcast! Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

So the big question is this, how do most agents who don't have access to the secrets that the top agents hoard to themselves grow and prosper in today's real estate

0:16.8

environment? That is the question and this podcast will give you the answers.

0:23.0

I'm Pat Heiden and welcome to real estate rock stars. And now for the review of the day.

0:35.0

I got a review or a comment on YouTube.

0:42.0

Yes, go on YouTube.

0:50.3

Yes, go to YouTube and type in real estate rock stars radio to comment on every single episode that comes out but now Kav C21.

0:52.1

I'm assuming that's a agent named Kevin from C21, assuming that's agent named Kevin from Century 21.

0:55.1

He says, I'm a California licensed agents and commissions are not said by law.

0:59.7

They are fully negotiable.

1:01.3

By any and all parties, it's plain capitalized language on our listing

1:05.3

and purchase agreement 90% of all sellers at listing appointments ask me for a

1:10.2

discount people may also hire no broker to buy or sell in FISBO.

1:16.1

Also plenty of brokers and agents will stick a property in and less for a flat fee.

1:21.5

Plenty of flat fee brokers. No collusion, no obstruction. Many alternatives exist in the marketplace

1:29.6

for consumers. My commissions are negotiable from 6% to 10%, whatever people want to pay. Don't like

1:38.0

it. Go get a discount agent who does discount work and get your discount value. Pay peanuts, get monkeys. Buyers who want me to give them

1:55.0

back their own money from their paycheck first.

1:57.0

I will give them back their own money because plenty of real estate agents

2:02.0

barely graduated high school if that there

2:04.7

are plenty of agents who just accept any fee over a thousand bucks to do anything on

2:10.4

any value of any home those high school minded agents feel any on any

2:15.0

money of home, those high school minded agents feel any money is better than no money at all.

...

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