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Episode #33: Seven sources of new listings in today's market!

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Manage episode 427001740 series 3527008
Content provided by Bob Mangold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Mangold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

**Introduction**
- Host: Bob Mangold, The Listing Coach
- Episode: 33
- Podcast: "If You List, You Last"
- Thank you for listening, sharing, and downloading
- Invitation to join the Real Estate Asset Advisor Facebook group
**Upcoming Live Podcast**
- Topic: Overcoming Objections
- Format: Live on Zoom, recorded for future podcast
- Join Facebook group for updates and notifications
**Market Update**
- **New Home Data**:
- Annual sales pace: 619,000 homes, down 11.3% month-over-month
- Revised data shows a 2.4% drop, highlighting inaccuracies in reported figures
- Median home price: down 0.1% month-over-month, 1% year-over-year
- Misleading media reports on home prices
- Total inventory: 481,000 homes, but only 99,000 completed
- **Employment Data**:
- Federal Reserve officials claim employment data is inaccurate
- Seasonal adjustments distort the true picture of employment
- **PCE and Inflation Numbers**:
- Inflation around 2.8%, excluding food and shelter
- Impact on bond market and potential rate cuts
**Listings Insights**
- **Market Reality**:
- Despite low-interest rates, certain segments will always sell homes
- Homeowners facing financial strain may consider selling
- **Mortgage and Debt Analysis**:
- Example of a widower benefiting from debt analysis and home sale
**Sources for Listings**
1. **FSBOs and Expireds**:
- Low hanging fruit, essential for agents
- Upcoming class on how to approach these leads
2. **Divorce**:
- 67.5% of divorced homeowners sell within 24 months
- Home Boss listing system helps maximize value with minimal hassle
3. **Seniors**:
- 58% of listings in 2023 from homeowners aged 55 and older
- Seniors often need to downsize due to various life changes
4. **Flippers**:
- Specialized approach to working with property flippers
- Potential for consistent transactions and referrals
5. **Probate**:
- Handling inherited properties
- Providing resources and support to families during difficult times
6. **Expired Listings from 12-18 Months Ago**:
- Revisiting old expired listings for potential opportunities
- Targeting specific zip codes for better results
7. **Airbnb Owners**:
- Identifying struggling Airbnb owners looking to sell
- Researching and reaching out to these potential sellers
**Conclusion**
- Encouragement to build databases and follow-up systems
- Invitation to join the Real Estate Asset Advisor Network for support
- Weekly overview webinar on Thursdays
- Final thoughts: Importance of consistent effort and strategic planning in real estate
---
**Links and Contact Information**
- Facebook group: Real Estate Asset Advisor
- Schedule a call: www.brainstormwithbob.com
- Webinar registration: www.creaoverview.com
---
**Closing**
- Encouragement to go out and take listings
- Reminder: "If you list, you last."

Join our Facebook Group at: https://www.facebook.com/groups/realestateassetadvisors
Visit our website to watch replays of our Wednesday "Elevate Business Briefings" at: www.RealEstateAssetAdvisors.org
Download a copy of my book, "If you list, you last!" at www.IfYouListYouLast.com

  continue reading

40 episodes

Artwork
iconShare
 
Manage episode 427001740 series 3527008
Content provided by Bob Mangold. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Mangold or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

**Introduction**
- Host: Bob Mangold, The Listing Coach
- Episode: 33
- Podcast: "If You List, You Last"
- Thank you for listening, sharing, and downloading
- Invitation to join the Real Estate Asset Advisor Facebook group
**Upcoming Live Podcast**
- Topic: Overcoming Objections
- Format: Live on Zoom, recorded for future podcast
- Join Facebook group for updates and notifications
**Market Update**
- **New Home Data**:
- Annual sales pace: 619,000 homes, down 11.3% month-over-month
- Revised data shows a 2.4% drop, highlighting inaccuracies in reported figures
- Median home price: down 0.1% month-over-month, 1% year-over-year
- Misleading media reports on home prices
- Total inventory: 481,000 homes, but only 99,000 completed
- **Employment Data**:
- Federal Reserve officials claim employment data is inaccurate
- Seasonal adjustments distort the true picture of employment
- **PCE and Inflation Numbers**:
- Inflation around 2.8%, excluding food and shelter
- Impact on bond market and potential rate cuts
**Listings Insights**
- **Market Reality**:
- Despite low-interest rates, certain segments will always sell homes
- Homeowners facing financial strain may consider selling
- **Mortgage and Debt Analysis**:
- Example of a widower benefiting from debt analysis and home sale
**Sources for Listings**
1. **FSBOs and Expireds**:
- Low hanging fruit, essential for agents
- Upcoming class on how to approach these leads
2. **Divorce**:
- 67.5% of divorced homeowners sell within 24 months
- Home Boss listing system helps maximize value with minimal hassle
3. **Seniors**:
- 58% of listings in 2023 from homeowners aged 55 and older
- Seniors often need to downsize due to various life changes
4. **Flippers**:
- Specialized approach to working with property flippers
- Potential for consistent transactions and referrals
5. **Probate**:
- Handling inherited properties
- Providing resources and support to families during difficult times
6. **Expired Listings from 12-18 Months Ago**:
- Revisiting old expired listings for potential opportunities
- Targeting specific zip codes for better results
7. **Airbnb Owners**:
- Identifying struggling Airbnb owners looking to sell
- Researching and reaching out to these potential sellers
**Conclusion**
- Encouragement to build databases and follow-up systems
- Invitation to join the Real Estate Asset Advisor Network for support
- Weekly overview webinar on Thursdays
- Final thoughts: Importance of consistent effort and strategic planning in real estate
---
**Links and Contact Information**
- Facebook group: Real Estate Asset Advisor
- Schedule a call: www.brainstormwithbob.com
- Webinar registration: www.creaoverview.com
---
**Closing**
- Encouragement to go out and take listings
- Reminder: "If you list, you last."

Join our Facebook Group at: https://www.facebook.com/groups/realestateassetadvisors
Visit our website to watch replays of our Wednesday "Elevate Business Briefings" at: www.RealEstateAssetAdvisors.org
Download a copy of my book, "If you list, you last!" at www.IfYouListYouLast.com

  continue reading

40 episodes

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