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Real Estate Training & Coaching School

$taggering Rate Drop = More $ales

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 5 August 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

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 Lower rates are FINALLY here! Traders were expecting the Fed to be able to cut rates by half a percent before this week but now are predicting at least a full point of cuts! Friday was one of only a few days in the past two decades with as big of a single-day drop in average mortgage rates. This significant reduction in mortgage rates is having a profound impact on the real estate market. 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/ Don't have a Buyer Presentation yet? Text the word BUYER to 47372.

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. Julie, we finally, finally have some absolutely stellar news that frankly

0:36.0

you and I've been predicting when we did our

0:37.8

uh two thousand and twenty four predictions podcast in january actually i think we did it in

0:42.4

december of last year and we also did another predictions podcast what last week

0:47.2

predicting what the next six months and the last six months of twenty twenty four would be

0:50.8

like one of the things we predicted was the interest rates were going to fall but what what we didn't quite predict accurately, so I'm not going to pat ourselves on the back

0:58.3

too much, right?

0:59.6

Is that why they would fall.

1:01.2

So the interest rates have fallen because there's now fear that there's going to be some form

1:05.2

of recession based on the employment data.

1:08.9

But guess what's going to happen is the Fed is going to absolutely positively drop interest rates.

1:14.6

And what I've been reading, Julie, I don't know what you've been reading,

1:16.6

is they're going to go down by something like 50 basis points.

1:19.3

I've heard between 50 basis points and an entire point.

1:22.1

That's just phenomenal.

1:23.2

It is phenomenal.

1:24.3

And it's already starting to happen without it officially happening.

1:27.4

So as we were saying in our predictions podcast last week, what it's going to happen when

...

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