Black Hole Of Real Estate Podcast

Do I need to offer commission to Buyer Brokers Now   its 100% up to the seller   as to whether or not they offer compensation to sell their home   its always been a choice   there is merit to offering compensation     then we discuss the direction of the insurance industry   as it relates to real estate affordability

a lifetime roof doesn't always last a lifetime   what do you do next when it fails   several solutions exist and while some of the options aren't exactly ideal   there is a path forward   for most buyers and sellers to work through this some home owners are cashing in and there is a growing number of people that are using a rent - rent strategy    

Commmitment Issues   The biggest issue in real estate is commitments   not a lack of commitment by agents or consumers   its simply too many commitments   its seems like everyone has too much going on   too many places to be   too many promises to keep   and it is getting in the way of some really important things   there are only 2 paths   check off every box on your never ending to do list   or...

List to last   agents have been trained in this for years   and I think the trainers only got it half right   too often , agents were taught to only focus   on agreements with sellers   buyer agreements were barely mentioned   and certainly not a point of focus   its unfortunate but its true   the training is now shifting   and going forward   both buyer and seller agreements   will be getting ple...

Pre Retirement Condo Buyers   It can make a lot of sense   to make the investment now   how does it make sense to buy a home now   with interest rates higher than my current rate   the math behind it gives clarity   the wealth building strategy is key   renting out your current property   would like be a sizable profit each month   that can be use toward your new mortgage   in the home that you wo...

Getting the right information, at the right time, isn't that what its all about ? An abundance of really smart people have been reaching out lately. They aren't looking for explanations on "what just happened with the NAR Settlement. They are looking at strategies for what happens next. Did I mention these are really smart people, asking great questions? There are opportunities in every market, an...

While some Realtors Went a Little Crazy since the NAR Settlement was announced,  The Rest of The World Just Yawned. Literally just yawned. Aside from a few news outlets, that are attempting some click bait stories, the news world has moved quickly to other more critical topics My suspicion is that other than some realtors continuing to drag out this discussion, as opposed to focusing on the soluti...

NAR Settlement $418 Million is sending shockwaves throughout the Real Estate Industry. Things just changed forever,  Right ? Well yes, no, and not so fast... I believe that a menu of options will immediately become more readily available to consumers But those options we always avaialable. Consumers will seem them on marketing materials more often, which isn't necessarily a bad thing The industry...

Home sellers have been terrified for many years to put their homes on the market. The worry comes from the fact that homes were selling in a nano second. That has changed. As see more and more homes hit the market, sellers are more willing to list thier properties for sale There is an insurance issue raging through condo markets that could change the values of some units in developments that are u...

Special assessments in condos are beginning to affect condo values. They are mainly occuring due to increases in the requirements by insurance companies. Roof and balconies are being repaired/replaced much sooner than the end of their useful lifespan.   Some condos reserve funds are depleted, and the cost it big ticket items either needed to be financed or divided among the individual unit owners....

We got a curveball when interest rates didn't drop as anticipated. Not so surprisingly, there wasn't much of a negative reaction from consumers. At this point, home shoppers are not stopping their purchases over a quarter point. Inventory has been growing in many markets, and this has contributed to homes buyers moving forward without  much complaint.  At the end we share a few thoughts on new con...

We have reached a milestone. We heard that only about 6% of all podcasts make it to Episode #100. In celebration and gratitude of this moment, this is my memo to real estate industry professionals. Lets Be Better this year...and every year in the future

The game has changed for Real Estate sales professionals. The easy sales have gone away, and now the top 10% of agents , and real estate teams are poised to dominate in 2024.  Fundamentals have weakened over the past few years, and now those that have been committed to honing their craft are seeing a huge payback for their dedication to the details that matter to consumers. Competition is stronger...

Tax Season has always had an effect on the real estate market. Today we discuss the reasons that it might be easier, or harder to get mortgages approved for home buyers. Self employed borrowers - We have some insight for you, and a simple strategy to ease you through the qualifying process. As housing investory rises, and interest rates steadily decrease, there will be massive opportunity for home...

This week we discuss the 4 biggest things that will affect the 2024 Real Estate Market. We go deep on the inventory levels, interest rates, market movement conditions, and wrap it up with some short term rental profit rumblings.

Short Term rental revenues are down 35-40% nationwide, which is presenting some wide open opportunities for investors. Today Ron discussed all of this and more. #blackholeofrealestate #posdcast 

If you watch the news,it might feel like doomsday is impending for real estate. But if that's the case, why are so many homes still selling? Who is buying them? Ron also discusses 1031 exchange transactions and shares why so many homeowners who need to move are choosing to rent out their homes rather than sell them. All that and more in this week's #BlackHoleOfRealEstate #Podcast

Moving during the holidays. Sometimes, it just can't be avoided.  Today, Ron's discussing preparations and and pricing strategies for those homeowners who find themselves making a move at the end of the year. He also covers what to expect on the purchasing side as well, including lender prequalification, scouting properties while inventory is low, and will walk you through perfectly timing both th...

In today's episode of the #BlackHoleOfRealEstate #podcast Ron is talking about the $1.8B court verdict against the National Association of Realtors that could be cause for major changes in the real estate industry. Ron also discusses what he calls the "silly season" in real estate, when it's common for real estate agents to move brokerages during the final quarter of the calendar year. 

In this week's episode of the #BlackHoleOfRealEstate #podcast, Ron is taking a look at the September home and condo sales trends and statistics for the Daytona Beach, FL market area. He'll touch on how the market today compares with this time last year. Ron also spends some time sharing his predictions for what we can expect the real estate market to do in the final weeks of 2023. 

Things have changed for the real estate market in 2023, and today we're talking about it! . Hear how home sellers are responding differently to offers on their home this year, compared to seller behaviors in 2022. And this year, buyers are enjoying having far more tools to work with than in the recent past. How do these new conditions align with the main reasons most people choose to move? And wha...

This week Ron is helping waffling would-be home buyers consider the pros and cons of buying a home this winter, versus waiting longer for interest rates to improve. Then, Ron discusses lending strategies some buyers are using to make the most of the current mortgage market conditions. Get all the details in this episode of the #BlackHoleOfRealEstate #podcast

Dealing with the decline of an aging loved one is HARD. It's extra tough when it's your parent or parents. And inevitably, part of the process often involves having to move your parents somewhere new after they lived in the same home for many years. In most cases, it's a thankless, heartbreaking, but necessary task. It's situations like these that Ron discusses in this week's #BlackHoleOfRealEstat...

Today, Ron is providing answers to real estate buyers' burning question right now... Will we finally get some relief from the high home prices? He offers guidance on how to make the most of motivated sellers in the upcoming holiday season. Offers market guidance for real estate investors. And even touches on how predicted extreme winter weather predictions might affect the real estate space. Hear...

For decades, many home buyers have been timing their moves and home purchases for the summer season, when the kids are out of school. But that may be shifting thanks to more remote work and an increase in home schooling. This year, many real estate companies are reporting strong fall season sales and new listings, where historically those months have been slower. Meanwhile, other changes are occur...