What Paused Rate Hikes Mean For Potential Home Buyers | Knowledge Brokers Podcast 024

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the results of the latest Fed meeting, lagging buyer sentiment, agents switching brokerages, trouble brewing for rental property owners, the right questions to ask, and two knowledge broker book recommendations. BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription! Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–00:46 Intro 00:46 Reactions to the latest Fed meeting 07:02 Trouble brewing for Airbnb/rental property investors? 15:55 60% of mortgage lenders are living paycheck to paycheck 20:15 1000Watt survey: One in three agents have switched brokerages in the past two years 23:46 Will we see 1 in 3 agents switching brokerages in the next year? 29:50 Only two components of the HPSI improved from April to May 31:20 Byron’s advice to homebuyers in today’s market 34:43 What are some of the questions to keep the knowledge broker in the driver’s seat? 37:28 What about the home shopper who is guarded about their motivation? 38:50 Book recommendation #1: Versatile Selling (selling to different personality types) 41:07 Book recommendation #2: Surrounded by Idiots: The Four Types of Human Behavior 42:08 Next week—The Top Six Knowledge Broker book recommendations (draft style) 45:40 Networking during graduation season 46:58 Future fed rate hikes: Will the Fed go too far? Show Resources: https://www.housingwire.com/articles/fed-pauses-rate-hikes-in-june-but-how-long-will-it-last/ https://www.cnbc.com/2023/06/15/stock-markets-the-fed-paused-rates-and-the-rally-in-markets.html https://nowbam.com/home-price-sentiment-increased-to-its-highest-point-since-may-2022/ https://nowbam.com/fannie-maes-revised-forecast-calls-for-a-mild-recession-and-decline-in-home-prices/ https://www.airdna.co/blog/2023-us-mid-year-short-term-rental-outlook-report Lisa's book recommendations: Versatile Selling: https://global.wilsonlearning.com/resources/versatile-selling/ Surrounded by Idiots: https://www.surroundedbyidiots.com/en/ —------- BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers. Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka. Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate Check out BAM: https://nowbam.com/ —---- Connect with Byron Lazine: https://www.instagram.com/byronlazine Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/ Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/ #realestatemarket #realestatepodcast #realestatenews