Next Level Agents: The Kevin & Fred Show - Interviews with the best and brightest minds in the real estate industry

Trading temporarily halts as stock market plummets, real estate reels The S&P 500 Index's 7% drop triggered a 15-minute halt in trading. If could be suspended for the day if it hits other marks.   The U.S. stock market started the week on a sour note, with the Dow Jones dropping nearly 1,900 points, or 7.3 percent in value before a halt in trading, within the first half-hour of markets opening. The plummet followed on the heels of a more than 30 percent drop in oil futures over the weekend, as top producers Russia and Saudi Arabia negotiate over price and demand, as well as the rise in cases of coronavirus (COVID-19).  The drop was so steep, the S&P 500 Index’s nearly 7 percent decline in the morning triggered a 15-minute pause in trading at around 9:30 a.m. Trading will halt once again for 15 minutes if the index drops more than 13 percent from where it closed Friday. Trading will be suspended for the day if the S&P 500 Index drops more than 20 percent. As of 10 a.m., Monday, real estate stocks were taking a beating, with Zillow down 7.45 percent, Realogy down 7 percent, RE/MAX down nearly 8 percent, eXp World Holdings down 7.2 percent and Redfin down 8.5 percent.   30-year mortgage rates hit lowest point in 50-year history The average 30-year mortgage hit an all-time low of 3.29% this week, according to data from Freddie Mac   U.S. housing market is missing 3.3 million homes, Freddie Mac says The shortage increases by about 300,000 a year as homebuilding lags.   America’s housing market is undersupplied by 3.3 million units, and the shortage is getting worse every year, Freddie Mac said in a report on Friday. “New housing supply is not keeping up with rising demand,” said Sam Khater, Freddie Mac’s chief economist, who said the shortage is increasing by about 300,000 units a year as homebuilders fail to keep up with demand.       NLA Live is coming up... April 23rd-25th. Check out NLALive (dot) com for all the details.

About the Episode We recently had an in-depth conversation with Mark Willis, a real estate industry leader and visionary who has shaped many career wins, lives and success stories. Many people in the industry have fond and epic memories of working alongside Mark, kicking butts, taking names and having a blast along the way. He is an inspiring figure in this business, and not just because of his leadership and influence, but also because he is driven by rising to meet the challenge of evolving through everything life throws at him. He has faced personal tragedy and loss, highs and lows, and tough moments that could overrun anyone, but Mark keeps going, choosing to get better even when life feels like it’s getting worse.  Mark has constantly reinvented himself. He has stepped through the gateways of evolution successfully, has won by helping people around him win, maintained his broad level thinking, and philosophy on personal and professional growth. What keeps Mark going isn’t just the art of evolution, it’s also understanding the underlying drive of anyone who welcomes and embraces change. That’s knowing that it’s important to be open, not be too attached to one way of doing things and being willing to shift, instead of being closed and willful.  Mark Willis, the former CEO of Keller Williams Realty International and current Founder of the Willis Family Foundation and Mark Willis Leadership, is a real estate leader, investor, philanthropist, thought leader, and lifestyle activist. Known for his dynamic and charismatic management style and tremendous influence, Willis’ was named one of the 10 most powerful people in residential real estate by the Swanepoel Power 200 in 2014; and since stepping down from his role at KW has used his platform and influence to actively serve and impact the lives of others. In Today’s Episode, We Talk About;   - The importance of getting comfortable with change, and Mark’s motto “KFG”. - The power of being a broad level thinker  - How to harness the power we have to control our outcomes by overcoming attachment.  - What it takes for a real estate agent to thrive through changes and disruption. - The importance of having a healthy dose of paranoia. - Giving feedback vs. complaining.   - The difference between willingness and willfulness.  Guest Info   Mark Willis, the former CEO of Keller Williams Realty International and current Founder of the Willis Family Foundation and Mark Willis Leadership, is a real estate leader, investor, philanthropist, thought leader, and lifestyle activist. Known for his dynamic and charismatic management style and tremendous influence, Willis’ was named one of the 10 most powerful people in residential real estate by the Swanepoel Power 200 in 2014; and since stepping down from his role at KW has used his platform and influence to actively serve and impact the lives of others.   As the former President and CEO of Keller Williams Realty International (from 2002-2014), Willis led the growth of the company from a regional firm to the largest real estate company in the world with over 120,000 agents worldwide. Integrating a unique philosophy that weaves servant leadership and living a spiritual and balanced life into daily.

Can you create urgency? Or do you have to dig deeper.. People tend to move towards pleasure or away from pain… But the challenge is…. How do we help do that? Check out this week’s business tip for help on this.

Zillow Offers continues expansion, launches in Cincinnati The southwest Ohio market is the 24th for Zillow's direct-to-consumer homebuying and selling platform     Federal Housing Finance Agency Director Mark Calabria now expects Fannie Mae and Freddie Mac IPOs in 2021 Tells credit unions that capital rule is likely coming by the end of 2020   NLA Live

About the Episode   On this episode, of The Kevin and Fred Show, we’re excited to have Josh Smith back on the show to share what he’s been up to and the entrepreneur lessons he’s applying in his business. One of the greatest things about Josh is his commitment to teaching, coaching and paying it forward in our industry. On today’s episode he shares on finding focus, the difference between marketing strategy and tactics and maximizing our marketing.    Josh is a Realtor, Coach, Mentor and Entrepreneur. He is the founder and host of GSD Mode, the #1 Most Downloaded Real Estate Agent Podcast. He is the owner of the REVISTO Real Estate Group, a team which sells over 600 homes a year, and he’s in the top 1% of Realtors Worldwide.    A lot goes into running a business, we need to know who our clients are, have strategy and tactics driving our marketing, and a powerful way to get people to want to work with us. At the same time, we’re dealing with an overload of information and details vying for our focus. In order to navigate all of this successfully, it’s important to have clarity on the long-term benefit of being in business and continuing to work hard consistently. We have to know the kind of life we want our businesses to allow us to have, and whether or not our businesses reciprocate us enough for all of it to be worth it.  In Today’s Episode, We Talk About;   - The number one enemy of success and productivity.  - How to have more clarity on our long-term goals and the difference between a strategy and a tactic.  - Why there’s no such thing as a bad market or a good one.  - Band aids vs. bullet holes in marketing  - Why there is no shiny object or magic bullet to success.  Guest Info   Josh is a Realtor, Coach, Mentor and Entrepreneur. He is the founder and host of GSD Mode, the #1 Most Downloaded Real Estate Agent Podcast. He is the owner of the REVISTO Real Estate Group, a team which sells over 600 homes a year, and he’s in the top 1% of Realtors Worldwide.    Website: https://masterybootcamp.com