SOTM 69: Homebuyers at Breaking Point as Competition Hits All-Time High

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 1 April 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With low housing inventory driving competition to an all-time high, homebuyers have finally hit their breaking point. In North Texas, hopeful homebuyers armed with umbrellas fought over who was first in line for a showing. On today’s podcast, we cover this outlandish story and provide examples that illustrate just how hard it is to buy a home right now. Plus, we discuss a recent report of commissions dipping to a new low, the fact that there are now more real estate agents than homes for sale, and more. 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 headline. Women swinging umbrellas at other women,
0:10.0	red-hot North Texas real estate market is driving at price. We have women swinging umbrellas at other women on sidewalks because they literally are fighting over who is in line first. So the question is this, how do most agents find the secrets to succeed in
0:28.8	today's competitive real estate market, especially when the top agents are keeping those secrets themselves.
0:34.0	That's the question, and this podcast will give you the answer.
0:38.0	Hi, I'm Ernie Mujestakey, and welcome to real Estate Rock Stars. Real Estate Rockstars. Welcome to another state of the market episode. I get to get
0:58.1	Kimberly Mazzerve back on here with me today. So you guys that have been listening
1:01.8	for a long time.
1:02.5	Kimberly is their third time on the podcast.
1:04.4	Her first one was episode 919.
1:07.8	That was, you know, I guess it was, was it pre-COVID?
1:11.0	It was the 30 under 30.
1:12.6	So you were crushing it as a first-time homebuyer agent?
1:15.6	Yeah, it would have actually, maybe just like a little under a year ago,
1:19.0	I think we did that.
1:19.9	Because I, around this time last year,
1:22.4	they announced the 30 under 30 and that was the group I won.
1:25.8	Yeah, so that it probably was.
1:27.3	So right at the beginning I got I got you on here.
1:29.7	We had a fun chat about all of your bruise and buying workshops and then soon after that doing a local
1:35.9	workshop at a bar became illegal and so you had to do some big pivots. We also had you on here
1:40.7	last month and we did state of the market. It was State of the Market 68 where we had you and four other rock stars on here
1:47.5	talking about how to get offers accepted in like the craziest market ever.
	...

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