The UPSIDE To A Down Real Estate Market
Real Estate Training & Coaching School
Real Estate Training & Coaching School
4.4 • 705 Ratings
🗓️ 27 October 2023
⏱️ 32 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. Julie, what the heck is the upside to a down real estate market after all? |
| 0:35.5 | Well, I know there's so many negative headlines and doom and |
| 0:38.5 | gloom and the number of sales is crashed and this and that and the other. But there are some upsides to |
| 0:43.6 | this market. And let's define what a down market really is. Sure. Because as we've been sharing with you guys |
| 0:49.8 | the last couple of weeks, it looks like this is indeed going to be the worst market, real estate market, |
| 0:54.4 | in terms of home sales of our lifetime. So for those of you who just got your real estate licenses, |
| 1:00.1 | evidently you didn't get the memo. What were you thinking? Right. We're just kidding. Because we think |
| 1:05.8 | a market like this creates the most opportunity for agents that frankly are being proactive |
| 1:09.9 | with the right skill set. |
| 1:11.4 | But yes, we're looking at this year being the lowest number of actual home sales maybe in the |
| 1:16.7 | last three or four decades. The numbers are obviously aren't all in yet, but that is indeed what |
| 1:21.4 | it appears is going to be, this is going to go down in the history books. And for those of you |
| 1:25.6 | who are wondering what a tough real estate |
| 1:28.6 | market actually feels like, you have just lived through it. Congratulations. And there's every reason |
| 1:32.8 | to believe that we're at or near the bottom in terms of the actual number of transactions. |
| 1:38.2 | And last point, and I've made this the last three days because it's really important. Yes, |
| 1:42.0 | this is going to be the lowest number of transactions |
| 1:44.2 | and maybe recorded history for real estate sales in terms of a percent of homes that actually |
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