SOTM 39: Could Coronavirus Cause the Real Estate Market to Crash?

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 28 February 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With coronavirus causing the global stock market to slide for the sixth straight day, many are wondering whether or not the outbreak will impact the U.S. real estate market. Could coronavirus slow sales and drive down home values? On today’s show, we discuss whether or not agents and investors should be concerned about coronavirus. Plus, we cover an alarming eviction precedent set by the City of Oakland, news of a South Florida broker getting sued for sending spam texts, and the story of Barbara Corcoran getting scammed out of $396,000. 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	Here's the thing if it wasn't a big deal Donald Trump wouldn't have requested 2.5
0:09.4	billion dollars right to be prepared.
0:17.0	So the big question is this, how do most agents who don't have access to the secrets that most successful agents hoard to themselves grow and prosper in today's competitive real estate environment.
0:35.0	That's the question.
0:36.5	And this podcast will give you the answers.
0:39.7	I'm Pat Heibbon and welcome to real estate rock stars.
0:43.0	What is going to?
0:45.0	What is going on rock star nation? This is your boy Pat Hyven and I am back
0:58.2	with Mr. Aaron Amutche Steggy today to do a state of the market.
1:04.0	How you feeling today, son?
1:05.7	Man, I am so glad you're in here to chat with me today.
1:08.2	Everybody's been asking, where's Pat?
1:09.8	Why hasn't he been on there?
1:10.9	And I knew I had to reach out today say
1:12.8	hey we got to get back dude let's do the state of the market let's do it I love doing
1:16.4	state of the markets buddy anytime anytime there's a lot of a lot of good
1:20.9	news out like let's start this off, Aaron, talking about the coronavirus, because it's in everybody's heads now, coronavirus.
1:31.6	You can't buy a mask for the life of you.
1:34.1	I'm getting ready to go to Cuba.
1:35.4	My wife spent days looking for mask for us
1:38.2	to wear on the plane.
1:39.4	I know they got some, you know,
	...

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