Knowledge Brokers Podcast

BAM Media
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Aug 25, 2023 • 40min

The Three Things That Can Bring Back Housing Affordability | Knowledge Brokers Podcast 034

Byron Lazine and Tom Toole discuss why housing market affordability is worse now than in the 2006 bubble, the surge of first-time home buyers, where mortgage rates are headed this year, the opportunity that presents for buyers and agents, and a new program by Zillow Home Loans. Join us at BAM Camp on September 20th for an unforgettable all-day event in Naples, Florida! https://brokeagentmedia.lpages.co/bam-camp/ 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: 00:00–01:30 Intro 01:30 Housing affordability is worse now than it was in the 2006 bubble (Fortune) 03:00 Opportunity for buyers: reduced competition due to higher mortgage rates 08:09 Are we going to hit 8%? / Don’t expect home prices to go down. 10:56 Supply is at its highest point for the year 12:50 Powell’s statement at Jackson Hole meeting and the next FOMC meeting 17:05 WSJ article: Slower hiring could take heat off the Fed 18:00 PA bill to implement a 4-hour work week—and a better way to solve the root issue 25:30 It’s less about hours worked than it is about productivity and objectives hit 26:58 Why you need an accountability partner 29:02 Unique opportunity for buyers—and for agents 29:40 A text message to send out—and the results Tom is getting from it 31:34 Inviting buyers to a 10-person Zoom 32:56 Half of those purchasing homes in 2023 are first-time home buyers (BAM) 34:41 Zillow Home Loans is offering a 1% down payment program Show Resources: https://fortune.com/2023/08/22/housing-market-affordability-is-worse-now-than-during-the-housing-bubble-homes-prices/ https://nowbam.com/half-of-those-purchasing-homes-in-2023-are-first-time-home-buyers/ https://www.housingwire.com/articles/where-are-mortgage-rates-headed-2/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=4&cx_experienceId=EXZNOASUT0V6#cxrecs_s ——— 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/ ——— BAM PARTNERS 𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/ 𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200
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Aug 18, 2023 • 37min

What 8% Mortgage Rates Could Do To U.S. Housing | Knowledge Brokers Podcast 033

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the 30-year fixed, the difference between earned optimism and wishful thinking, the conundrum for real estate professionals, how knowledge brokers play the long game, and Warren Buffet’s latest investment in U.S. builders. Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb Join us at BAM Camp on September 20th! — https://brokeagentmedia.lpages.co/bam-camp/ 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: 00:00–01:08 Intro 01:08 Highest 30 yr fixed since December, 2020 01:46 Optimism among real estate agents & the knowledge broker mindset 04:07 What could happen if we hit 8% with the 30-year fixed 04:41 “I made a massive mistake with my business.” 08:41 Earned optimism and a holistic view of the market 13:02 The Stockdale paradox 16:51 Mortgage rate predictions and the “Scary Chart” (NAR) 18:54 The conundrum for real estate professionals 21:51 How much home can you buy with a $2,500 monthly mortgage pmt (chart) 23:15 What does stability look like & how to talk to buyers in today’s market 25:54 How knowledge brokers are playing the long game 29:53 Warren Buffet investment in three U.S. builders and what it means Show Resources: https://www.linkedin.com/posts/lawrence-yun-592a76146_the-federal-reserves-comment-about-another-activity-7097997420260638720-RYfn/?utm_source=share&utm_medium=member_ios ——— 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/ ——— BAM PARTNERS 𝐕𝐮𝐥𝐜𝐚𝐧𝟕: The most accurate, powerful, and effective real estate seller lead generation resource to build your business. GET STARTED TODAY → https://www.vulcan7.com/bam/ 𝐕𝐢𝐫𝐭𝐮𝐝𝐞𝐬𝐤: Hire a Virtual Assistant Today! Use code BAM200 for $250 OFF the signup fee → https://myvirtudesk.com/contact?promocode=BAM200 ——— #realestatenews #realestatetalk #realestatepodcast
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Aug 11, 2023 • 44min

The Best Practices for Real Estate Lead Response | Knowledge Brokers Podcast 032

Tom Toole and Lisa Chinatti discuss the CPI increase, why you may be working to get results in Q1 and Q2 of next year, consumer sentiment on buying a home, developing a solid nurture plan for your clients, and why you should bet on activities—not results. Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb Join us at BAM Camp! Sign up now for early bird pricing: https://brokeagentmedia.lpages.co/bam-camp/ 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: 00:00–00:54 Intro 00:54 The CPI rose to 3.2% through July (areas that rose and fell) 05:16 More shelter inflation deceleration in the pipeline 07:06 What’s the message a knowledge broker needs to bring to a consumer right now? 09:07 Will we see a surplus in inventory—with a drop in home prices? 10:11 Seth Godin’s “The Dip” (chart) & why you need 90 days minimum before seeing a result 13:12 Young buyers in 2023 and working to get results in Q1 & Q2 of next year 17:31 The Best Practices for Lead Response Management (chart) 20:30 We’re in a much longer lead time & what it will take to get from listing to sale 24:44 One of Lisa’s pet peeves & nurturing the client relationship every step of the way 20:03 “Not all agents are going to be great at future-pacing sellers…. “ 29:57 Over 82% of consumers say it’s a bad time to buy a home (Fannie Mae HPSI) 32:10 The qualification process & matching your follow-up strategy to your prospect’s mindset 34:19 Developing a solid nurture plan (the balancing act) 38:30 Have you signed up for BAM Camp yet? 39:23 Bet on activities—not results Show Resources: https://www.housingwire.com/articles/cpi-rose-3-2-in-july-but-shelter-inflation-will-continue-to-decelerate/ https://www.housingwire.com/articles/inflation-data-laying-groundwork-for-the-fed-to-pivot/?cx_testId=6&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXAPB9I50LOS#cxrecs_s https://nowbam.com/stuck-in-renting-purgatory-over-80-believe-its-a-bad-time-to-buy-a-home/ ——— 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/ ——— BAM Partner: Vulcan7: The most accurate, powerful, and effective lead generation resource to build your business: https://www.vulcan7.com/referral/bam/
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Aug 4, 2023 • 40min

Is A Recession The Best Thing For U.S. Housing? | Fortune's Lance Lambert | Knowledge Brokers Pod 31

Lance Lambert joins Byron Lazine, Tom Toole, and Lisa Chinatti to discuss the lock-in effect, what could happen if we get a soft landing vs a recession, where he sees the Fed moving next, where agents should look for inventory, and the biggest mistake agents are making. Enter to win two in-person tickets to the Tom Ferry Success Summit in Dallas (August 22-24, 2023): https://mailchi.mp/nowbam/tf-summit-ticket-giveaway-2023 Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb 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: 00:00–01:43 Intro 01:43 Will mortgage rates go down—and what will it take? 04:13 The pandemic’s effect on the labor market 07:02 Goldman Sachs’ predictions and the gap between the 10-yr Treasury & 30-year fixed 09:08 Lance’s view on the lock-in effect 12:51 What happens to housing in the next 12 months if we get a soft landing? 15:21 Does recession offer the best chance for more affordable housing prices? 19:41 What’s the one thing that will change the lock-in effect 21:55 Boomers vs Millennials: rates and inventory 27:24 “Where do you see the Fed moving next?” 30:27 Why are we in such a better place with multifamily supply than with helping more Americans become homeowners? 32:10 What comes first: Homeownership or increasing the supply of affordable housing 36:38 Where should agents be looking for inventory? 37:49 What’s the biggest mistake agents are making? ——— 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/ Connect with Lance Lambert: https://twitter.com/NewsLambert Fortune Magazine page: https://fortune.com/author/lance-lambert/ ——— BAM Partner: Vulcan7: The most accurate, powerful, and effective lead generation resource to build your business: https://www.vulcan7.com/referral/bam/ #realestatemarket #housingmarket #housingmarkettrends
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Jul 28, 2023 • 38min

Understanding Fed Chairman Powell's Odd Comments on Housing | Knowledge Brokers Podcast 030

Byron Lazine and Tom Toole discuss the Fed's latest rate hike, Powell's words on inventory, BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription! Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–00:57 Intro 00:57 The Fed’s latest rate hike & what Powell (likely) meant 07:20 The homeowner advantage and the resilience of the U.S. economy 09:36 The impact of rate hikes on rents and rental properties 11:16 Barry Sternlicht’s “Category 5 hurricane” 14:09 The impact on regional banks and Byron’s question for the Fed 15:53 Melissa Cohn—a first-rate knowledge broker in the mortgage lending space 19:39 Your bedroom is not the place to do business. 20:54 Predictions on (falling) mortgage rates 22:00 Highest homeowner equity in the last four years 26:48 Email: for 99% of knowledge brokers, it’s not as important to your consumers 28:54 Byron’s BAMx livestream, “Breaking Down Lead Sources” & Zillow Live Leads 31:34 The WORST advice in the world—and what you need to know 33:25 The knowledge broker gets personality types. 35:17 What separates knowledge brokers from other agents Show Resources: —------- 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/
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Jul 21, 2023 • 47min

Is The Housing Market Savagely Unhealthy? | Knowledge Brokers Podcast 029

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the Matt Ishbia UWM CEO interview, whether the market is still “savagely unhealthy,” and why Bright MLS is allowing $0 buyer broker commissions. BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription! Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–00:51 Intro 00:51 CNBC interview with optimistic UWM CEO Matt Ishbia 04:20 We actually don’t need the 10-year to come down…. 09:29 REFIs are up this week to about 30% of all mortgage applications 11:45 The Feds have to get these rates lower fro regional banks. 18:24 Is the housing market “savagely unhealthy”? And for whom? 23:20 The impact of AI on the housing market and buying/selling process 28:40 Should buyer agency commissions be disclosed on the MLS? 28:40 Should buyer agency commissions be disclosed on the MLS? 39:06 1000Watt Agent Sentiment survey (week of May 29th, 2023) 41:01 The top reason agents are changing brokerages (1000Watt survey) Show Resources: https://www.cnbc.com/video/2023/07/20/refinancing-when-rates-drop-will-help-the-whole-economy-says-uwm-ceo-mat-ishbia.html https://www.housingwire.com/articles/the-existing-home-market-is-still-savagely-unhealthy/ https://www.realestatenews.com/2023/07/20/bright-mls-to-allow-usd0-buyer-broker-commissions?utm_source=Real+Estate+News&utm_campaign=8141dbbf72-EMAIL_CAMPAIGN_2023_07_20_08_37&utm_medium=email&utm_term=0_02c652b510-8141dbbf72-%5BLIST_EMAIL_ID%5D —------- 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/ #housingmarket #realestatemarket #homebuyers
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Jul 14, 2023 • 36min

The KEY To Unlocking More Housing Inventory | Knowledge Brokers Podcast 028

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the latest CPI data, the Fed’s (outdated) playbook, consumer confidence, the MLS PIN decision, technology for the real estate industry, and the Boston mayor’s incentive for converting office buildings for residential use. 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: 00:00–00:40 Intro 00:40 CPI data—lower than expectations—and resulting rate drop 01:52 WSJ article comparing how we measure inflation and how Europe does 05:12 Expectations for July FOMC meeting 06:02 the Fed’s (outdated) playbook 09:26 Consumers have come to terms with higher rates 12:37 Consumer sentiment: 78% believe it’s a bad time to buy 13:25 The person asking the questions steers the conversation 15:06 When rates go lower, competition will increase 17:58 MLS PIN decision 25:38 Changes in buyer/listing contracts coming 27:17 Tech for the real estate industry has some catching up to do 31:09 Agents are needing to adjust to a new landscape & a new way of doing business 32:39 Boston mayor’s incentive the conversion of office buildings to residential units Show Resources: https://www.housingwire.com/articles/us-inflation-significantly-cooled-last-month-sending-a-positive-signal-to-the-fed/?cx_testId=8&cx_testVariant=cx_1&cx_artPos=2&cx_experienceId=EXAPB9I50LOS#cxrecs_s https://www.housingwire.com/articles/consumers-may-be-coming-to-terms-with-elevated-rates-and-high-home-prices-fannie-mae/?cx_testId=9&cx_testVariant=cx_1&cx_artPos=5&cx_experienceId=EXAPB9I50LOS#cxrecs_s https://fortune.com/2023/07/13/boston-housing-market-shortage-commerical-real-office-glut-pilot-program/ —------- 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 #realestateagent
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4 snips
Jul 7, 2023 • 31min

Will Housing Inventory Ever Increase? | Knowledge Brokers Podcast 027

Byron Lazine and Lisa Chinatti discuss inventory falling into negative territory, the challenges of being a landlord in today’s market, what knowledge brokers should be doing right now, old school marketing tactics to bring back, the jobs report, and Instagram’s new Threads app. 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: 00:00–01:15 Intro 01:15 Inventory is in the negative 02:36 Lisa’s take on inventory 05:24 People underestimate how hard it is to be a landlord (advice for agents) 10:35 The 30-yr fixed just hit the high mark for 2023 yesterday 13:10 What should knowledge brokers be doing in this environment? 14:36 What kinds of risks should agents be taking? 15:55 Byron’s take on Threads: the new IG app 18:38 Old school marketing tactics (and why they still work) 22:42 Using platforms with a local audience to start conversations in your community 24:22 The agents that are really successful have a high volume of calls (conversations) 25:46 Jobs reports, the next FOMC meeting, and how the economy is reacting —------- 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/
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11 snips
Jun 30, 2023 • 48min

Crucial Tactics That Will Make or Break Agents in Q3 | Knowledge Brokers Podcast 026

Byron Lazine and Tom Toole discuss May’s decline in sales in spite of high demand, a Realtor.com report on declining rents, a summer lift for inventory, and an increase in the core personal consumption expenditures index (PCE). 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: 00:00–00:51 Intro 00:51 Expectations for July 06:56 GDP’s upward revision 07:49 What’s the best (remaining) month of this year to sell a home? 16:47 Use the “Coming Soon” option on your MLS 19:08 Handling transactions that don’t go well & taking responsibility 24:17 Market updates to keep in mind over the holiday weekend 25:44 Twitter controversy with negative poster stoking fears on home prices 29:00 “Home price growth by months into the decade” (chart: Fortune) 30:44 Time for a mid-year evaluation and advice for agents 37:16 Discipline & cutting habits that are holding you back 40:47 Make a pact for the next six months (with monthly & daily goals) 44:57 Make the most of your holiday weekend Show Resources: https://www.housingwire.com/articles/pending-home-sales-fell-2-7-in-may-though-demand-remains-strong/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXZNOASUT0V6#cxrecs_s https://nowbam.com/realtor-com-shows-drop-in-rents-for-may-with-more-to-come/ https://www.housingwire.com/articles/housing-market-tracker-inventory-gets-summer-lift/?_ptid=%7Bkpdx%7DAAAAyeCsmoDydAoKbnZCdWZxcThwdRIQbGppamU1NHV2amx6Z2QxZBoMRVhMTzVLUFBMMlZSIiUxODA1ajA4MDkwLTAwMDAzMjhjNzgxYmhuYXJwc3JmazljdDFnKhpzaG93VGVtcGxhdGVVRDRKWFZYWjBGUk4xMTABOgxPVFhBQlRLTjZLQ1VSEnYtdQDwMTVid3JyMHV4bjNaJTI2MDE6OGM6ODI4MDpiMDUwOjgxMmY6NmMwMjplMzgzOjI3OTdiA2RtY2irsYClBnADeAQ https://www.cnbc.com/2023/06/30/pce-inflation-may-2023-.html —------- 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/ #realestatesuccess #realestatetips #realestateadvice
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8 snips
Jun 23, 2023 • 52min

The Books ALL Real Estate Agents NEED To Read | Knowledge Brokers Podcast 025

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the return of the savagely unhealthy housing market, housing inventory reaching its lowest level on record, rising builder confidence, and their top six book recommendations for knowledge brokers. 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: 00:00–00:37 Intro 00:37 Lisa’s takeaway from “The Savagely Unhealthy Housing Market is Back” (HW) 04:05 Byron’s takeaway: Until we stimulate the top & get more affordable inventory… 06:16 Tom’s takeaway 08:00 New construction isn’t coming close to meeting demand 09:05 Stop comparing today’s market to the 13:53 You can count on less demand over the next six months 17:20 Builder confidence is in positive territory after improving for six months 19:02 One out of four homes are new construction; builders are in a power position 23:09 Hot button issue: Conservation land 27:40 The commercial real estate crisis (big companies walking away from loans) 33:17 The top six book recommendations for knowledge brokers: 6 for agents, 6 for leaders 34:59 For agents: #1 (Lisa) — Versatile Selling 35:47 #2 (Byron) — Miracle Morning for Real Estate Agents (Hal Elrod?) 36:27 #3 (Tom) — Real Estate By Mike (Mike Ferry) 37:16 #4 (Tom) — Exactly What to Say for Real Estate Agents (Jimmy Mackin & Chris Smith) 38:11 #5 (Byron) — The Agent’s Edge (Jordan Cohen) 40:38 #6 (Lisa) — Never Split the Difference 41:15 For leaders: #1 (Lisa) — Five Dysfunctions of a Team 41:36 #2 (Byron) — How to Win Friends & Influence People (Dale Carnegie) 42:04 #3 (Tom) — Think & Grow Rich (Napoleon Hill) 42:45 #4 (Tom) — Trillion Dollar Coach 43:22 #5 (Byron) — Traction (Gino Wickman) 44:08 #6 (Lisa) — Predictable Success Show Resources: https://www.housingwire.com/articles/the-savagely-unhealthy-housing-market-is-back/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXZNOASUT0V6#cxrecs_s https://nowbam.com/active-housing-inventory-for-may-falls-to-lowest-level-on-record/ https://www.nahb.org/news-and-economics/press-releases/2023/06/builder-confidence-moves-into-positive-territory-in-june —------- 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/ #realestatepodcast #realestatemarket #realestatepodcast

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