Jun 19, 2023
Welcome back, folks, to another exciting episode of the Ninja Selling podcast, where, today, Matt and Garrett dive into the fascinating world of real estate statistics as they address the burning question on everyone's mind: "What's going on in the market?" With the release of the first quarter FHFA stats, our hosts take this opportunity to provide insights into the current market landscape and to also shed light on the significance of understanding trends rather than focusing solely on the present.
From mortgage rates and inventory levels to unseen demand and regional dynamics, they leave no stone unturned in their quest for knowledge. They also stress that it's time to arm yourself with the power of education and become the trusted expert who can confidently guide your clients through the market's twists and turns. After all, as you will hear today, it's not just about the numbers—it's about understanding the deeper story and empowering your clients with accurate information. So tune in, stay informed, and become the expert your clients need in these ever-changing market conditions.
More excellent insights and information can be found in the community of almost 12,000 Ninjas who collaborate, ask and answer questions, network, and more in the Ninja Selling Podcast group on Facebook at Ninja Selling Podcast Facebook. Leave a voicemail at 208-MY-NINJA if you’d like to offer more direct feedback. Be sure to check out Ninja Selling Events for upcoming installations and other events, and if you’d like personalized help in achieving your goals, visit Ninja Coaching to connect with one of our fantastic coaches.
Episode Highlights:
FHFA stats and understanding the story behind market trends
Factors at play
Micro-market insights
Long-term perspective
Empowering your clients with accurate information
Investing opportunities
Embracing the Ninja Selling Facebook Community
Quotes:
"These are cycles and trends that we watch all these cities and states go through. And sometimes you're on the top, sometimes you're on the bottom, but in the big picture, we are all headed in the general direction, same direction."
"Don't just assume that the state statistics represent what's happening everywhere else. Dig deeper into specific areas and understand their unique dynamics."
"Market adjustments take time, just like a cruise ship changing its course. Understanding trends helps us anticipate the direction in which the market will turn."
"These numbers have a story behind them, and it's your role as an expert to educate your clients and help them make smart decisions."
"Don't run away from real estate reviews. Embrace them and provide clarity and guidance to your clients, regardless of market fluctuations."
"By analyzing long-term trends and providing a comprehensive view of the market, you become the trusted expert who can guide clients through any market condition."
Links:
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Garrett
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Matt
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