Byron Lazine, Tom Toole, and Lisa Chinatti discuss the big revision from Fannie Mae, why real estate investors should be focused on the Midwest, your listing appointment strategy for 2024, and how agents lose deals during the first 10 minutes (or less).
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Resources:
https://www.resiclubanalytics.com/p/housing-market-decoded-inventory-analysis-800-metros-3000-counties
https://nowbam.com/over-20-of-homeowners-considering-selling-within-3-years/
https://www.fanniemae.com/media/50186/display
https://www.fanniemae.com/media/50096/display
Timestamps:
00:00โ00:53 Intro
00:53 The big revision from Fannie Mae
06:03 Lance Lambertโs inventory chart (ResiClub)
07:36 Breakdown of Fannie Mae revision on todayโs Hot Sheet
12:02 Investors should be focused on the Midwest
12:39 The agents that are doing the right thingโฆ
15:27 Itโs a brick-by-brick market. If youโre waiting for Jerome Powellโฆ
16:13 Agents on listing appointments
19:40 How long does any agent have to lock in a listing?
24:00 โIโve seen agents lose it within the first 10 minutesโฆโ
24:50 From the moment you walk inโฆthere are two points agents need to be cognitive of
25:56 First impressions when you walk in the door
28:24 Another way agents lose the deal: not presenting the contract every single time
29:35 Presenting the contract: physical, digital, or both?
32:46 Youโve got to have a clear idea of what happens next
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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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BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers.
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