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The Tom Ferry Podcast Experience

Understanding Home Prices and Homeowner Motivations | Tom Ferry Podcast Experience

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.71.1K Ratings

🗓️ 31 May 2023

⏱️ 58 minutes

🧾️ Download transcript

Summary

Today's market requires more from agents than just understanding home prices.   You need to understand why home prices are rising in some areas and dropping in others, and what it means for the people who still need to move. It’s all about finding correlations in the story so you can be the agent who creates your own inventory instead of waiting for it to appear.   On this episode of the Tom Ferry Podcast Experience, I’m talking with the King of Real Estate Data, Keeping Current Matters Founder Steve Harney, about understanding home prices in today’s national market and how they influence the actions of homeowners.   You’ll learn: The real estate cycles that influence the mindset of the market The factors that determine home prices and mortgages Your solution to a lack of inventory What motivates homeowners to sell or stay And a lot more!   This is an information-packed episode, so be sure to watch or listen here.

Transcript

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0:00.0

So here's the thing, entrepreneurs, leaders, salespeople.

0:07.8

We all want to create consistent, repeatable, and scalable ways to grow our business and

0:11.9

our income.

0:12.9

And we want to do it better, faster, and more seamlessly.

0:16.1

Why?

0:17.1

So we can actually enjoy our lives, take vacations, and spend the quality time we want with

0:21.0

the people that we love.

0:22.5

How do we do all this without spending a fortune or running ourselves ragged?

0:26.8

That's the big question.

0:28.0

And this show is dedicated to the answer.

0:32.9

Hey, welcome back to the podcast.

0:34.4

I have today Steve Harnie, founder of KCM.

0:38.4

I was digging through my podcasts and YouTube just this morning.

0:43.2

It has been since 2019 since this guy and I have shared the stage or had an opportunity

0:48.0

to really chat like this.

0:49.7

Yes, maybe for a second or two during the pandemic, but usually that was David Childers

0:54.4

and I.

0:55.5

Steve, it is an absolute pleasure.

0:57.8

And as John Wick recently said, yeah, I'm back.

1:03.1

It's good to have you back, Steve Harnie.

1:05.3

It's good to be back and it's an honor to be on the podcast time.

1:08.5

You've done phenomenal work for the industry and just to be a little piece of that,

...

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