Real Estate Realities - The RebelBroker: Recent Episodes
Real Estate Realities
Robert 'The Rebelbroker' Whitelaw is a real estate broker and Realtor® in Morgan Hill, California who first entered real estate in 1988! His show discusses some of the best ways to achieve your real estate goals and build wealth for buyers, sellers, investors, entrepreneurs or just real estate watchers - from an insiders perspective. Over the years, Robert has been lucky enough to work with successful entrepreneurs from all walks of life and industries. Get a chance to hear what he has learned from these amazing entrepreneurs over the years that will help YOU achieve success! Robert is about keeping things honest (even when that means saying the things that nobody else is willing to say) and providing value to listeners with each and every episode! He won't just drop the news on you, he will translate it into actions you can take as a buyer, seller, investor or entrepreneur in your own life to get the most out of that shared knowledge! Knowledge is power and I believe in cranking it up to 11!
So tune in for helpful information no matter how you are working to achieve financial freedom!
It's real estate, totally unafraid!
On todays show we will take some time to discuss the eviction ban and why the CDC does not and should not have authority to declare an eviction ban. The core points as I see them come down to property rights and our right to freely contract between one another for goods and services. Â
Oregon Has Passed A Law Against Offer Love Letters What Are Real Estate "Love Letters"? You read that correctly. The state of Oregon has made what are commonly called "Love Letters" illegal - well, mostly anyway. These are letters that agents create with their buyers to reach out to sellers on a personal level. The goal is to connect with sellers, outside the sterile language used in contracts, disclosures and addendums. It is an opportunity for buyers and their agents to try and leverage off of points of commonality that a buyer shares with a seller. It often includes discussions of the buyers lifestyle, employment, interests and even a photo of the buyers. Until now, the composition of these "Love Letters" in Oregon has been completely up to the buyer and agent to decide. What Are The Specifics Of The New Oregon Restriction On Love Letters? While these letters are not banned outright, this new law in Oregon prohibits including any information that might reveal characteristics of the buyer that are covered by the Fair Housing Act. Despite what many believe, sellers are required to abide by the Fair Housing Act guidelines when selecting an offer on their home. So if you are the kind of person who really hates anyone of Scottish heritage, it is illegal for you to reject an offer on your home based on that fact. So, is this a good thing? Check out todays show for a more complete discussion of this topic. Generally, I would rather leave it up to buyers and their agents to decide what goes into the letter that accompanies an offer. I have used these kinds of letters in my offers for decades and I have found them to be very useful tools. While I understand the idea of fairness in these offer scenarios - it is important to understand that these letters are designed to emphasize areas that work to the buyers advantage. If an agent and buyer simply put everything they can think of into one of these letters, they are not doing it right. Like most things, you should do your homework to identify areas of commonality with the seller that you can use in these letters. Anything that might be prejudicial is avoided if you are crafting such a letter rather than blindly tossing it into the mix. In my case, when in doubt, I don't include information regarding my buyers that might end up working against them. Which is, of course, the point of the letter in the first place! Where are these limitations currently in place? Oregon is the first state to pass such a law, but not likely to be the last. We should expect that other states will follow along and implement similar limitations. So how should we proceed in the real estate world relating to these letters? Does it make sense? Do we want the government limiting what a buyer and their agent might present in a letter of this kind? Or, are we all better served by leaving it up to those parties? We will discuss all that and more in todays show! âââââââââââââââââââââââââââââââââââââââ â¡ï¸ Instagram: https://www.instagram.com/rebelbroker/ â¡ï¸ Twitter: https://twitter.com/rebelbroker â¡ï¸ Facebook: https://www.facebook.com/whitelawre/ âï¸ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ ð° Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter  ðµð»ââï¸ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search ð Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 ðµ Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 âââââââââââââââââââââââââââââââââââââââ ð A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 âââââââââââââââââââââââââââââââââââââââ My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.
Todays show begins with a public service announcement! Make sure to take note so that you don't get caught without what you need! We will also discuss the reality on the ground in this insane real estate market. With my recent experience in #sanjose, #willowglen and #japantown, we can discuss what is really happening and also take some time to identify ways to spot better deals where you will not have to offer $400k over asking price! On tap will also be the latest overall home inventory numbers. They are ridiculously low compared to last year and interestingly enough, seem to indicate that the market should be even MORE nuts than it is!  ââââââââââââââââââââââââââââââââââââââââââââââââââ â¡ï¸ Instagram: https://www.instagram.com/rebelbroker/ â¡ï¸ Twitter: https://twitter.com/rebelbroker â¡ï¸ Facebook: https://www.facebook.com/whitelawre/ âï¸ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ ð° Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter  ðµð»ââï¸ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search ð Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 ðµ Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 ââââââââââââââââââââââââââââââââââââââââââââââââââ ð A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 ââââââââââââââââââââââââââââââââââââââââââââââââââ My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.
Hydrogen is kind of amazing. It can do a whole lot for us and generate no pollution - unless you consider water vapor to be pollution. There are efforts going on in the United States and in England to bring the hydrogen home into reality. Now this is a huge deal. There are tons of ways to create hydrogen, it is the most plentiful substance in the universe. You can extract it from things like garbage... just to name one. So lets spend a little time to talk hydrogen and how it could revolutionize how we power our homes! Links To Related Articles: Hydrogen Production and Distribution Britain Building Hydrogen Fueled Homes
These latest numbers are nuts. There are more renters who are behind on rent than there were homeowners that got foreclosed on in the subprime fiasco. Since banks are not directly involved, that will change the nature of the crater that gets created - but there will be a crater. Â Articles Referenced In Todays Show: https://www.cnbc.com/2021/01/25/nearly-20percent-of-renters-in-america-are-behind-on-their-payments.html
Most are talking about a great real estate year ahead. Are they right? If you browse the news today, the general opinion seems to be that things are just ramping up for an amazing year for real estate growth and appreciation. Maybe they are right. However, being the person pointing out issues and potential pitfalls in the market is the same place I found myself in back before the real estate downturn in 2007. The media seems pretty convinced on what will happen with real estate in 2021 The headlines are hard to miss. Take a second to google â2021 real estateâ and you find headlines like this: Sales Are Booming; Estimated to Exceed $160 Billion in 2021 San Diego home prices expected to rise 8.3% in 2021 New Mexicoâs 2020 real estate boom expected to carry over into 2021 The U.S. markets that are poised for a post-pandemic boom in 2021 I get the feeling that the popular opinion out there is pretty bullish! The consensus seems to be that 2021 is likely to be a real estate boom year. Are there any reasons to be more concerned about how things will play out in 2021? In todayâs show, we explore some of the concerning elements of the market that we should all be keeping an eye on. What, me worry? Unfortunately, I believe that there are plenty of reasons to be more than a little concerned about what 2021 might just mean for the market. For those that can remember, just before the big downturn in 2007, the pundits that were saying we were heading into a real estate market crash, like Peter Schiff, were literally laughed at. Of course, he ended up being proven absolutely correct â but remember all the experts were calling him crazy. Even in my own business, as I was helping people purchase homes, I was warning them against over leveraging their properties or buying too much home. I find myself experiencing what can only be described as âReal Estate Deja Vuâ all over again! Our current real estate market has ridiculously low inventory to thank for this surge. What happens when that goes away? As we have discussed in past shows, what a credit rating actually means as been reduced so that money can be loaned to folks who would normally not qualify. Remember, banks only make money when money is moving and the biggest way to make money move is to loan it out. We will take the time today to summarize some of the latest news that paints a picture that should leave more of us worried for what will happen in real estate in 2021. Join me for todayâs show where we will chat about all this and a few other tidbits! Articles Referenced In Todayâs Show FHFA Extends Relaxed Pandemic Lending Standards Americas Slide Into Economic Oblivion Biden To Provide 25 Billion in Rental Assistance COVID-19 Vaccine Could Increase Inventory Exodus Continues as Point 72 Opens West Palm Beach Offices Miami Mayor Pushes For Hi-Tech Companies In Silicon Valley To Move In Federal Government Moves To Encourage Home Buying  California real estate a lost cause for investors? 3 Reasons  Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ârebelbrokerâ to 44222 â or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com â Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs â download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#inventory, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#morganhill,#mohi,#siliconvalley
California has been a hot state to invest in real estate for decades. The reason is the sheer number of people that are drawn here by the natural beauty of California but also its robust employment opportunities. That landscape is changing. With the growing acceptance of working from home, workers - more than half of them - are looking for the exit. In todays show, we are going to look at a few of the realities that have shifted as companies like Oracle flee California and a majority of people living here would move if they could - and with working from home options becoming more accepted, they can. Â
It is time to take a look at the results for the 2020 California Propositions that were aimed either right at real estate, or would have had a big effect on the real estate market. Those included: Proposition 15 - Split Roll Property Taxes to increase commercial taxes Proposition 19 - Property Tax Transfer Breaks Proposition 21 - Rent Control There is good news for folks in the world of real estate, but there is a good reason to take a minute and think about these results. While all is well now, there are indicators that down the road, the landscape just might change. Here is a link to the freakonomics article that was suggested in the video: https://freakonomics.com/podcast/rent-control/ ââââââââââââââââââââââââââââââââââââââââââââââââââ â¡ï¸ Instagram: https://www.instagram.com/rebelbroker/ â¡ï¸ Twitter: https://twitter.com/rebelbroker â¡ï¸ Facebook: https://www.facebook.com/whitelawre/ âï¸ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ ð° Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter ðµð»ââï¸ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search ð Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 ðµ Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 ââââââââââââââââââââââââââââââââââââââââââââââââââ ð A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 ââââââââââââââââââââââââââââââââââââââââââââââââââ My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.
Even if you support the idea of Proposition 15, you need to at least accept that this is the absolute worst time to pass such a law. At a time when we need to foster growth of jobs and new business and make it easier for struggling business to recover from COVID quarantines - this is just about the worst thing you could consider doing to make the situation even worse. ââââââââââââââââââââââââââââââââââââââââââââââââââ â¡ï¸ Instagram: https://www.instagram.com/rebelbroker/ â¡ï¸ Twitter: https://twitter.com/rebelbroker â¡ï¸ Facebook: https://www.facebook.com/whitelawre/ âï¸ "Coffee And Real Estate" Live Event (On the 3rd Saturday of each month): https://www.facebook.com/whitelawre/live/ ð Subscribe to my Real Estate Event Calendar here: https://calendar.google.com/calendar/u/2?cid=dnNoNzIxZ2hlNnEyajhyYWE5Yzc3amxmM2tAZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ ð° Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter ðµð»ââï¸ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search ð Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 ðµ Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 ââââââââââââââââââââââââââââââââââââââââââââââââââ ð A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 ââââââââââââââââââââââââââââââââââââââââââââââââââ My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate goals. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.
In todays show, we are going to chat about the August numbers for the National Association of Homebuilders and their record setting levels of confidence. There is so much discussion about how the current real estate market is blowing the doors off, I think it is a good time to look at more of the data and get a better grip on what the reality might be. ----------------------------------------------------------------------------------------------------- Find Me On Social Media â¡ï¸ Instagram â¡ï¸ Twitter â¡ï¸ Facebook âï¸ "Coffee And Real Estate" Live Events ð° Subscribe To The Monthly Newsletter ðµð»ââï¸ Search For Homes For Sale ð Luxury Homes List ðµ Homes Priced Below Average ----------------------------------------------------------------------------------------------------- ð A case study in how I get better results than other real estate agents or brokerages ----------------------------------------------------------------------------------------------------- My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate goals. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.
Today, let's talk about what recent real estate data is telling us. What is most surprising is that what I am seeing does NOT follow with what is the conventional wisdom in the press. What we are being told is that prices are way up and that this trend is likely to continue. Well, in todays show we are going to look at some data that will leave you thinking todays big headlines just might not be on the mark. Don't miss my Facebook Live "Coffee And Real Estate" chat this Saturday, Aug 15,2020 at 10AM Pacific. Find it here: Visit this live chat at: http://www.facebook.com/whitelawre/live Instagram: https://www.instagram.com/rebelbroker/ YouTube:https://www.youtube.com/user/rebelbroker
We have talked a lot about how the key to the market right now is the inventory. Well, some recent numbers were released that show just how true that is. Today we will discuss some amazing stats about how many transactions - as recently as May 10 - have involved multiple offers on real estate for sale all across the country! In some of our metro areas, the majority of homes for sale ended up getting multiple offers! There are some things to keep an eye on that might just rear their head later this year. So join me as we take a look at the most recent real estate market stats that will blow your mind! Â Instagram:Â https://www.instagram.com/rebelbroker/ Facebook:Â https://www.facebook.com/whitelawre/ Twitter:Â https://twitter.com/rebelbroker YouTube:Â https://www.youtube.com/user/rebelbroker iTunes:Â https://podcasts.apple.com/us/podcast/real-estate-realities-robert-rebelbroker-whitelaw/id213145931 LinkedIn:Â https://www.linkedin.com/in/rebelbroker/
 Will home prices jump? The best information we have right now indicates that a dramatic crash in home inventory is very likely as we move through 2020. There are only two places that homes for sale come from. First, is new construction. We are seeing a big drop off in new construction that even goes beyond what the worst expectations were leading into March. And remember, those are number for MARCH! April is likely to be even more depressing! But wait, that is only half of the real estate inventory story. The other half of our inventory question involves existing homes. If we don't see new construction coming anywhere close to demand, then we have to rely on current home owners to come into the market to sell their home. Frankly, that does not look to be a likely scenario! In todays show, we look at all the data to find out where we are and where we are likely to be later this year and into 2021! Articles Used In Todays Show: https://www.cnbc.com/video/2020/04/16/housing-starts-march-squawk-box-breaking-news.html https://www.cnbc.com/2020/04/17/us-housing-starts-worst-month-since-1984-what-traders-see-ahead.html https://magazine.realtor/daily-news/2020/05/05/where-housing-inventories-are-falling-fastest https://magazine.realtor/daily-news/2020/05/05/more-banks-halt-helocs https://www.calculatedriskblog.com/2020/05/las-vegas-real-estate-in-april-sales.html https://www.calculatedriskblog.com/2020/05/seattle-real-estate-in-april-sales-down.html https://www.cnbc.com/2020/05/07/consumer-confidence-in-housing-falls-to-lowest-level-since-subprime-crash.html HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs â download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#builderconfidence, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#construction
I have never been a fan of pocket listings for a whole lot of reasons. In todays show, we will review the reasons why they are a bad idea for sellers. In addition, we will explore how they are also NOT a better option to help deal with our current quarantine situation. There are NO advantages to a pocket listing vs allowing your home to be listed on the MLS when it comes to maintaining very tight controls on who gets into your home. In fact, whatever benefits you are told doing a pocket listing will bring - including reducing the commission you pay - will end up costing you MORE in the long run! So lets jump in and figure this out!