The Nerdy Agent Podcast: Recent Episodes
Luke Pettersen
The goal of this podcast is to bring you everything you need to know about the economy as it pertains to being an expert in the real estate market, and business processes that can take you to the next level.
Welcome back to The Nerdy Agent Podcast with AJ, Luke, & Josh!
On August 15th, new marketplace changes will be taking effect. We dive into the key elements and shifts in approach that these contracts will cover. The team provides their insights into the changing market, and what agents and buyers can be on the look out for when it comes to these new documents and regulations.
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we're going to be providing our experience and insights into how you can start down a path of building out your own real estate team. We'll walk you through how The Advisory started, how we think about team building, and different things you can consider whether you're brand new to building a team or trying to get your team to the next level!
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we're going to be doing an update on the commission lawsuit and provide an update on how things have progressed with the rollout of the new commission structure in the coming months. We'll also talk about ways agents, brokerages, and key industry players have started making adjustments to adapt to the coming changes and give our perspective on how we see things playing out.
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we're going to be doing an audio showing surrounding all things water and how to ensure it doesn't come into your home. We'll talk about how to effectively look at gutters while walking the exterior of the property, how to highlight any issues with grading, and what interior water mitigation components look like. We'll also provide you with insights into how each of the key things utilized to prevent water intrusion work and how you can best explain them to prospective clients!
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll walk through the recent interest rate shifts and highlight the key components causing them. We'll discuss the jobs report, inflation data, and key economic factors that resulted in rate movement and provide our insights into how we think those things will continue to play out in the coming month. Lastly, we'll provide an overview of our real estate team and give you the reasons why we feel we are built to help agents have successful careers in real estate.
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll break down the data compiled by a local transaction coordination partner outlining key offer components by month and compare how offers are looking in May vs how they've looked throughout 2024. We'll dive into the data to provide insights on what is happening in the market and give our thoughts on what you need to be doing as an agent at the moment to help your client have success!
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll walk through the key causes of the inventory shortage we're seeing in the marketplace and ideas on how they can be addresses. We'll walk through an overview of how long each homeowner is staying in their current home vs historic levels, discuss the impact to supply of investors (both individual and corporate investors), and break down how new construction levels have contributed to the lack of supply we have in the market. We'll also provide our thoughts on different programs that have been proposed to improve the situation and ideas we have to make it better!
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
📈 In today’s business segment, we'll walk through the recent jump in interest rates and what the key drivers were of it. We'll talk through the recent CPI data, how that impacted rate activity, and what we anticipate the next 6-12 months to look like. We'll also break down how geopolitical uncertainty flows through to interest rates locally. Lastly, we'll give our thoughts on how interest rates will move in the future and advise you on how to have the right conversations with clients through the process! 💼
Follow us on Instagram:-The Nerdy Agent - @thenerdyagent- The Advisory Realty Group - @theadvisorymn-Luke Pettersen - @pettyhomes-Josh Pettersen - @joshpettersenCheck out our YouTube channel! 🎥👇https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment, we'll do a refresher on the key points of the NAR settlement and potential changes to the commission structure of the industry. 📊 We'll also be walking you through how we approach conversations with our buyers and sellers and giving you scripts you can use to be the expert on everything that is happening! 🗣️✨
Follow us on Instagram:
-The Nerdy Agent - @thenerdyagent
- The Advisory Realty Group - @theadvisorymn-Luke Pettersen - @pettyhomes-Josh Pettersen - @joshpettersen
Check out our YouTube channel! 🎥👇https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
Visit our website to learn more about us! 🌟
www.theadvisorymn.com
In today's business segment 📊, we'll break down the recently announced buyer commission lawsuit 📝 and the changes that were agreed to for buyer's agent commissions moving forward. We'll provide an overview of the details of the settlement 🤝, go through some of the key questions that we are asking right now, and talk about how we think this will impact agents in the future 🔮. We'll also provide our thoughts 💭 on how best you can address this with your clients, friends, and family to ensure you set yourself up for success 🚀 in the transition.
Follow us on Instagram ⬇️ ⬇️
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
✨ Key Takeaways:1️⃣ Market Analysis Update: An in-depth look at the latest offer stats and what they reveal about the current market.2️⃣ Comparative Insights: Examining February's offer data against January's to spot trends and shifts.3️⃣ Agent Action Plans: Strategies for agents to empower their clients towards success in this evolving market.4️⃣ Expert Opinions: Our soapbox speeches on crucial moves for agents right now.
Join us for a crucial discussion on "What February Offer Stats Are Telling Us About The Market" and gain actionable insights for navigating today's real estate landscape!
✨ Key Takeaways:1️⃣ Sitzer-Burnett Verdict: An overview of the recent developments following the Sitzer-Burnett verdict.2️⃣ Real Estate Associations Reactions: Exploring how real estate associations are responding to the changes.3️⃣ Future of Association Structure: Discussing potential impacts on the structure of real estate associations.4️⃣ Commission Structure Changes: Insights into how the commission structures might evolve in both the near and distant future.Join us to delve into the ongoing changes in the real estate world post the Sitzer-Burnett verdict and what it means for the industry!
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
✨ Key Takeaways:1️⃣ Age Assessment: Techniques for accurately determining the age of a water heater and understanding its lifecycle.2️⃣ Quality Evaluation: Tips on evaluating the quality of a water heater, including brand and model considerations.3️⃣ Replacement Indicators: Identifying signs that a water heater is nearing the end of its useful life and needs replacement.4️⃣ Change Timing and Costs: Advice on the best time to replace a water heater and an overview of the associated costs for clients.
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
✨ Key Takeaways:1️⃣ Building Relationships: Uncovering the importance of establishing strong connections with listing agents in the competitive market.2️⃣ Crafting Competitive Offers: Insights into the art of writing compelling offers that stand out in multiple offer situations.3️⃣ Market Navigation: Strategies for navigating the spring market, understanding trends, and positioning your client effectively.4️⃣ Winning Insights: Offering expert advice on the crucial factors that can make or break a deal in a multiple offer scenario.
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Tune in to today's podcast: 'Audio Showings - What To Know About Tile'✨ Key Takeaways:1️⃣ DIY Tile Jobs in Showings: Exploring common DIY tile jobs seen in showings and how to identify their quality.2️⃣ Good vs. Bad Tile Work: Learning to spot the difference between well-done and poorly executed tile installations.3️⃣ Risks of Poor Craftsmanship: Discussing the potential risks and issues associated with subpar tile work.4️⃣ Educating Clients: Advice on how to communicate with clients about proper tile installation and what to look for.Follow us on InstagramThe Nerdy Agent Podcast - @thenerdyagentThe Advisory Realty Group - @theadvisorymnLuke Pettersen - @pettyhomesJosh Pettersen - @joshpettersen
✨ Key Takeaways:1️⃣ Detailed Breakdown by Price Point: Analyzing January's showing data by different price points to gauge market activity.2️⃣ Interpretation of Market Activity: Understanding what the showing data indicates about the current state of the market.3️⃣ Projections for Upcoming Months: Discussing our insights and predictions for the real estate market trends in the coming months of 2024.4️⃣ Market Trends and Buyer Behavior: Delving into how current data reflects changes in buyer behavior and market trends.
Listen here for in-depth analysis and expert insights on the real estate market!
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
Tune in to today's podcast 'What January Offer Stats Are Telling Us About The Market.'✨ Key Takeaways:1️⃣ Offer Components Breakdown: Analyzing data from a local transaction coordination partner on key offer components month by month.2️⃣ Summer vs. Current Market Comparison: Comparing buyer offers from the summer months to present day, understanding the shifts.3️⃣ Market Competitiveness Insights: Delving into what this data means for market competitiveness now and in the near future.4️⃣ Spring 2024 Market Expectations: Discussing our predictions and expectations for the real estate market as we approach Spring 2024.
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
🚀 Tune in to today's podcast "Audio Showings - What To Know About Ice Dams."
✨ Key Takeaways:1️⃣ Understanding Ice Dams: Delving into what ice dams are and why they are a significant issue during Minnesota winters.2️⃣ Causes of Ice Dam Formation: Exploring the specific conditions and factors that lead to the formation of ice dams.3️⃣ Identifying Risk Factors: Discussing the types of homes and roof designs that are more susceptible to ice dam formation.4️⃣ Prevention Strategies: Offering practical advice on preventive measures homeowners can take to minimize the risk of ice dams forming on their property.
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
🚀 Tune in to today's podcast "How To Provide Value Through The Inspection Period."
✨ Key Takeaways:1️⃣ CPI, PPI, and Job Reports Analysis: A comprehensive look at the recent Consumer Price Index, Producer Price Index, and job market reports, understanding their implications.2️⃣ Federal Reserve Announcements: Delving into the Fed's latest statements about future overnight rate expectations and their significance.3️⃣ Rate Trends and Predictions: Evaluating the impact of these reports and announcements on short-term interest rates and forecasting trends as we approach 2024.4️⃣ Insight into Real Estate Inspections: Discussing strategies for getting offers with inspections accepted in multiple offer situations, essential inspections for every house purchase, managing expectations during the inspection period, and securing the best outcomes for clients.
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll walk through the recent CPI, PPI, and jobs reports, as well as the announcements from the Fed around future overnight rate expectations. We'll provide an outline on what each report is telling us, how it impacted rates in the short term, and our expectations for rates heading into 2024!
Follow us on Instagram
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
🚀 Tune in to today's podcast episode titled "Audio Showings - What To Know About Double Tapped Breakers."✨ Key Takeaways:1️⃣ Inspection Report Insights: Understanding the significance of double tapped breakers in electrical panels and what it indicates in a report.2️⃣ Solutions and Corrections: Discussing the methods an electrician can employ to address this issue for your clients.3️⃣ Cost Analysis: An overview of the expenses involved in fixing double tapped breakers.Follow us on InstagramThe Nerdy Agent Podcast - @thenerdyagentThe Advisory Realty Group - @theadvisorymnLuke Pettersen - @pettyhomesJosh Pettersen - @joshpettersen
✨ Key Takeaways:1️⃣ Home Builder Confidence Index: A quick refresher on this vital metric and the latest figures for November.2️⃣ Market Overview: Insightful analysis of the new construction segment in today's market.3️⃣ Strategic Insights: Tips on monitoring home builder activities to add value for your clients!
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today's audio showing we'll be talking through the key things we look for when evaluating the foundation of a house with a client. We'll talk about key causes of foundation problems, ways to set expectations about potential foundation problems, and key things to look at inside the home to ensure the foundation is in good shape.
We'll also provide our thoughts on how to best address potential foundation concerns and ensure that your clients are making intelligent decisions about the home.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
How to Prepare for an Amazing 2024 🚀
Get ready to kickstart an incredible year! In today's podcast episode, we're diving into the strategies and tips for making the most out of December's slower pace to set you up for success in 2024. 🎧
✨ Key Takeaways:
1️⃣ Exploring effective ways to approach clients during the holiday season.
2️⃣ Ramp up your marketing efforts with innovative techniques.
3️⃣ Utilizing the extra time during the holidays for strategic business planning for the upcoming year.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
If you enjoyed this episode, feel free to give us a like and follow! We post new episodes every Monday & Thursday📅. Leave us a review on Spotify or Apple podcasts 🙏We would love to interact with you. Thanks for listening! Want to hear something different? Let us know in the comments!
In today's episode, we delve deep into the outcomes of the latest Federal Reserve meeting and its implications for interest rates. We will analyze the newly released PPI & CPI data and discuss what these figures suggest for interest rate trends as we enter 2024. Join us as we navigate through these pivotal economic indicators.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
✨ Episode Highlights:
1️⃣ Burnett-Sitzer Trial Verdict: A detailed look at the trial's outcome.
2️⃣ Legal Repercussions: What comes next after the verdict, and its impact on industry practices.
3️⃣ Buyer Commission Future: Predictions and expert insights into how commissions may change.
4️⃣ Client Communication: Strategies for discussing these changes and their significance with clients.If you enjoyed this episode, feel free to give us a like and follow! We post new episodes every Monday & Thursday📅.
Leave us a review on Spotify or Apple podcasts 🙏We would love to interact with you. Thanks for listening! Want to hear something different? Let us know in the comments!
On today's podcast we'll be providing an update on the current state of the market, as interest rates continue to sit at all time highs and activity slows. We'll also provide our crystal ball on what we see happening in the coming months as we enter 2024.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we'll be going over the bombshell commission lawsuit. We'll talk through everything going on in the trial along with potential outcomes for the brokerages, as well as how it could impact agents in the future!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's audio showing we'll be talking through key things to look for in a showing to help your clients avoid buying a house with a basement water problem. We'll talk through how to evaluate exterior grading and what underground solutions exist to help ensure you keep water out of your house. As always, we'll highlight the costs of different solutions, so your clients will be informed on what they can expect financially with any necessary repairs.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be doing a refresher on interest rates after their roller coaster year continued. We'll talk about the key things that impact mortgage rates, what those measures are telling us about where we're currently at, and what we think will happen in the coming year. As always, we'll sprinkle in some ways to connect back with your clients to ensure you always sound like the smartest agent in the room!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's audio showing we'll be talking through all things plumbing. We'll walk you through the different types of plumbing, how they all work, what to look for during your showings, and how to communicate cost expectations to your clients!
In today’s economic segment we'll be going over the recently published numbers on deal cancellations and talk through both why deals are being cancelled in the current market environment and key ways you as an agent can support your clients through the process that will minimize cancellations on transactions you're involved in.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today's audio showing we'll be talking through all things windows. We'll walk you through the different types of windows, how to look at them during a showing, and how to properly advise clients around the overall costs of replacing windows!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be going over the current state of the rental market in the United States, including how much appreciation we've seen on rent in prior years and how commercial construction and renter demand indicators are likely to impact future rental prices. We'll also dive into what this means for how you advise clients and how you can use the information to understand how different segments of the market (first time home buyers, investors, etc) will behave moving forward.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment we'll be talking about how different segments of clients should be approaching the market given historically low inventory and historically high interest rates. We'll talk about how the market looks for first time home buyers, move up buyers and sellers, and investors and where the opportunities lie for each within the current market environment.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's audio showing we'll be talking through mechanicals! We'll provide an overview of the different types of systems you'll find as you tour homes, some tricks for evaluating them and how to talk about them in your showings. We'll highlight why they are so important and how you can differentiate yourself as an agent by showing your expertise!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll be walking you through the recently released homebuilder confidence data and providing you with our thoughts on what it means for the new construction side of the market and supply as a whole moving forward. We'll break down the numbers for you, outline how they compare to past reports, and give you scripts you can use to be the expert on this for your clients.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today's audio showing we'll be talking through flooring! We'll provide an overview of the different types of floors you'll find as you tour homes, some tricks for determining what floors you have in the home you're showing, and how to speak confidently with clients about the pros and cons of each flooring type!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment we'll be providing you with our thoughts on why it may make sense for some of your prospective seller clients to rent their home instead of sell and why being open to that possibility is beneficial to you as an agent. We'll provide our expertise on when it might make more sense for a seller to become a landlord and how to broach the subject with them. Finally, we'll give you the primary reasons why this makes sense to you even though it means giving up listings in the short term.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's audio showing we'll be talking through sewer lines! We'll provide an overview of how they function within the house and talk in depth about why it's so important to have them inspected for your clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll be providing you with a historical overview of how interest rates have moved during historically similar periods to the one we are in today. From there, we'll provide our crystal ball view of where things are going and even give our prognostication on where rates will be a year from now.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business segment we'll be providing you with an understanding of where pending sales are in today's market vs historical levels (most notably both the peak during COVID and the crash of 2008), as well as discuss where we believe things will be moving in the future. We'll also walk you through key things you can do to survive during this difficult time in the market and what you can expect when it normalizes.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's audio showing we'll be walking through sump pumps! We'll talk through what they are, how you can find one in a home, and how they work. We'll also be providing you with additional things that are important to know as an agent when trying to ensure your clients keep water out of their basements!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be providing you with an overview of the June CPI (Consumer Price Index) & PPI (Producer Price Index) data and going over what we learned from it and how it is impacting interest rates. We'll also leave you with our predictions on how interest rates will move throughout the remainder of 2023 and provide easy scripts you can use when speaking to your clients about inflation and interest rates!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
This week we discuss the most recent jobs report. We talk through what you should look for in each report, how affects the market, and how you can properly talk to your clients and sphere about it to be viewed as an xpert real estate agent.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be talking through all things market cycles! We'll walk through the different types of markets agents find themselves in and key things to do to have success in each of them. We'll also go over seasonality and how important it is to understand natural yearly fluctuations that occur within your market!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
Today we sat down with our in house stager, Mel. She owns Staged2Sell, a local company here in the Twin Cities area. We discuss her business, the value that she can provide to agents, and all things staging!
Follow us on Instagram! The Advisory Realty Group - @theadvisorymn Luke Pettersen - @pettyhomes Josh Pettersen - @joshpettersen
Melanie Joas - @melaniejoas
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be talking through how the CPI numbers came in for June and our key takeaways from their communication following the meeting. We'll simplify the numbers down for you and help you understand what the forward looking projections will mean for interest rates and your business moving forward. As always, we'll leave you with talking points for your clients, friends, and family to help you be the expert in the room!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On this business tip learn how to efficiently farm your sphere of influence. From CRMs, to past client retention and follow up, take a listen and implement this tomorrow!
Today the nerds discussed a few current real estate events and their thoughts on them. They range from inflation numbers to publicly traded real estate companies! If you want insights into any other current events comment below or message us and will be sure to keep you up to date.
Follow us on Instagram! The Advisory Realty Group - @theadvisorymn Luke Pettersen - @pettyhomes Josh Pettersen - @joshpettersen
In today’s economic segment we'll be talking through how we manage our rental properties and more specifically, the turnover process we recently went through with our own single family residential rentals. We'll give you an overview of what we do and also tie that into how you can use your knowledge of rental property management to support investor clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today's business tip, we're bringing producer Hayley to the stage to talk through what our team does for listing videos for our clients and why they matter both on the marketing/branding side of the business, but also for seller clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today’s economic segment we'll be providing an update on both the affordability index and the new home mortgage application index. We'll be discussing why tracking both is important for you to be doing and talk through the ways in which they are correlated and predictive for the future market outlook. As always, we'll leave you with a script that you can use to be an expert in the room the next time your friends, family, or clients ask about pricing affordability and where the market is heading!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today's business tip, we'll give you a more in depth script for how to answer the most common question we get as real estate professionals, "how's the market?" We'll walk you through our current response to clients, as well as provide context around how we tailor our response depending on the client we're talking to!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today’s podcast we'll be doing a refresher on the Builder Confidence Index and providing insight around what it is and how you can use it to understand both what your clients' options look like when it comes to new construction and how it impacts supply across your market. As always, we'll leave you with a script that you can use to be the expert in the room the next time your clients ask you about new construction and market supply!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s podcast we'll be talking about the recent quarterly earnings releases within both the brokerage (eXp, Compass, RE/MAX) and the core business (Zillow, Opendoor, Offerpad) segments of the real estate market. We'll walk you through what happened in Q1 at each company, why it matters to you, and what key bullet points you can takeaway to be the expert in the room in your next conversation!Follow us on Instagram!The Advisory Realty Group - @theadvisorymnLuke Pettersen - @pettyhomesJosh Pettersen - @joshpettersen
Today we sat down with Dave and Amanda, founders of House Novel. An exciting new company that is creating a platform for homeowners to save and track the history of their property. Their website can be of huge value to homeowners but also Realtors. If you want to learn more about them visit them on social media @HouseNovel or their website!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
For this week's business tip we're going to be talking about escalation clauses and provide you with our insights on when and when not to use them, how to structure the verbiage within them, and how you should be adjusting the amounts for them based on the specific client you're supporting!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s primary segment we'll be talking about the new loan level adjustments that have come out and how you can best summarize the impact to your clients. We'll help you wade through what is true and false in the recent reporting on the topic and provide our insights on key things you should be learning about to ensure you can best support your clients on the financing side. As always, we'll leave you with a script that will help you be the expert!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
Today we talk about different outcomes of the real estate inventory crisis. Mainly our opinions around what homeowners will do instead of moving. We discuss full house renovations and additions. We also give helpful advice on how to speak with clients about these and how to add value so you are viewed as the expert.
Follow us on Instagram!The Advisory Realty Group - @theadvisorymnLuke Pettersen - @pettyhomesJosh Pettersen - @joshpettersen
For today’s business tip we'll talk through how we plug into the data provided by your local MLS and Zillow to support your seller clients. We'll walk through the different pieces of information we use, how it helps us get as many buyers through a listing as possible, and how each helps us understand how to properly tailor our communication to the seller.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s primary segment we'll be talking about the commission lawsuit that has been ongoing since 2019 and recently made waves for being approved as a class action lawsuit. We'll talk about how the lawsuit has progressed over the years, provide some insights into how it could impact real estate agents in the future, and what you can be doing to ensure you're having success in a future state where buyer agent commissions are paid by the buyers directly!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be discussing the current inventory levels in our local market and nationwide and providing context using historical numbers on just how much of a supply shortage we are currently experiencing. We'll walk through the primary causes of the supply shortage and walk you through where we think inventory is going in the near future and things that could help improve the current situation. Finally, we'll provide a script that you can use when talking to clients, friends, and family about why the market is still crazy despite rising interest rates!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For this week's business tip we're going to be giving you our keys to success for working with first time homebuyers. We'll talk you through the different meetings we have with all of our first time homebuyer clients, as well as action steps we take along the way to ensure they are confident and informed throughout the process!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we'll be going over the recent banking crises in more detail, while walking you through the history of the banks! We'll talk about the very similar chain of events that occurred in 1907 that caused banks to fail and FDIC to be created and then have an in depth conversation about the recent bank collapses and why they matter to you as an agent. As always, we'll give you a script that help you be the expert about the topic when talking to potential clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For this week's business tip we're going to be talking about why you need to go get feedback on your listings and not rely on buyer's agents to submit it over Showingtime. We'll give you our process for connecting with the agents that show our listings and how we then pass along that feedback to our sellers.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s primary segment we'll be talking about what the data is telling us about buying vs renting. We'll discuss the two key major indices that we track to get an understanding of when the best time to buy vs rent is and as always, we'll provide scripts you can use to talk through clients that are on the fence!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For this week's business tip we'll be providing you insight on the new loan level adjustments that were recently released and walking you through how you can talk to your clients about them. We'll have our local lender, Bryan Meredith, with us to provide additional context and reinforce the importance of having a lender partner that is always fighting for your clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s primary segment we'll be talking about the recent collapse of Silicon Valley Bank with a guest! Local lender, Bryan Meredith, joins to discuss what exactly happened with Silicon Valley Bank, how it rippled through the mortgage industry, and how we can expect it to continue to impact interest rates. We'll also be discussing the CPI data that was recently released and give expectations on how mortgage rates will continue to adjust in the coming months as a result of everything!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For this week's business tip we'll be talking about the short sale process and how to properly support your client through the process. We'll also provide guidance on how to communicate with any clients that want to pursue short sale properties and help you provide the necessary information so they know what they're getting into!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s primary segment we'll be talking about the recent changes that were made to the FHA Mortgage Insurance Premium, what type of impact they could have for your buyers, and how they might impact market demand moving forward. As always, we'll close with a script that you can use when meeting with your friends to help ensure they know you're the expert!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment we'll be talking about the recently released earnings reports from the two largest iBuyers, Open Door and Offerpad, and will discuss how the news impacts our outlook for the future of iBuying within the real estate industry. We'll outline what we anticipate will happen in the next 12 months, some things that iBuyers are doing to pivot within the space, and provide you with scripts you can use when talking to your clients about them!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On this week's podcast we are talking with AJ about how he started and grew our team to 30 agents. We discuss the challenges you will face and some lessons he has learned over the years. We finish with AJ's advice for any agent wanting to start a team right now!
In today’s segment we'll be walking you through the January CPI data that was released this week and providing context on how to break down what was reported and what it is signaling for future interest rates. We'll also dive into why the CPI is so important right now and give you an overview of how the federal reserve bank utilizes the data to make decisions that impact the market.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be talking about our local market insight source, InfoSparks, and walking you through how we utilize it to gather helpful market insights for our clients. We'll talk about the different ways we like to slice data, as well as pitfalls that agents commonly fall into when looking at things! Follow us on Instagram!The Advisory Realty Group - @theadvisorymnLuke Pettersen - @pettyhomesJosh Pettersen - @joshpettersen Check out our YouTube channel!https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we decided to mix things up and do a fantasy draft on all things real estate. We'll be discussing our favorite house type, house style, financing type, books, movies, and podcasts with a fun twist. Listen in to hear about why we love each of our choices and why they may be important for you!
Follow us on Instagram!
The Nerdy Agent - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
For today’s business tip we’ll be providing a number of unique marketing techniques you can use to grow your business. We'll provide overviews of what we do on a daily basis to have success in increasing our sphere of influence and expand, support our past clients, and expand our network of referrals.
Follow us on Instagram!
The Nerdy Agent- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today’s economic segment we’ll be discussing the PPI (Producer Price Index) and give you an overview of how it differs from the well followed CPI (Consumer Price Index), how it impacts the economy, and most importantly, why it matters to you and your clients. As always, we'll provide scripts that you can use when talking to your friends and family and help you answer the question "how is inflation impacting your job as a real estate agent?"
Follow us on Instagram!
The Nerdy Agent- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be nerding out on one of our favorite new technologies, ChatGPT. We'll ask the AI questions live to give you a true understanding of how you can be using it in your real estate business to come up with new ideas and maximize your productivity.
Follow us on Instagram!
The Nerdy Agent - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be walking through why it's so important to have a good handoff process with a lender and provide tips on how to ensure it happens smoothly. We'll walk through exactly what we do to help our clients have the best experience possible and make sure nothing gets lost in transition!
Follow us on Instagram!
The Nerdy Agent Podcast - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
On today's podcast we're going to pivot slightly from the economic topics we typically focus on and go through 3 key things you need to be doing to have success as a real estate agent in 2023. We'll go in depth on each of them to ensure you have what you need to succeed in the slower market we're facing in the upcoming year!
Follow us on Instagram!
The Nerdy Agent - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be discussing the key things you need to do and say when first interacting with an online lead. We'll give you the script that we use and train for all first time clients, as well as key things you can do to help turn them into a new client!
Follow us on Instagram!
The Nerdy Agent Podcast- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be discussing mortgage applications and why it's important as an agent to understand how many applications are being submitted, how that compares to historical numbers, and where you can find everything you need to know. As always, we'll leave you with a script that will allow you to take the concept and apply it to everyday conversations with friends, family, and clients!
Follow us on Instagram!
The Nerdy Agent- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be going through one of our favorite topics, home renovations! We'll talk about each area of the house, the different types of renovations that can be performed, standard costs associated with them, and which ones are the best investment for equity growth and when listing a property. We'll also provide insight into how to communicate with potential sellers and clients on home renovations in a way that makes you the expert in the room!
Follow us on Instagram!
The Nerdy Agent- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment we’ll be going over all things CPI (Consumer Price Index)! We'll discuss why it's such an important metric to be following and how it impacts the broader real estate market and interest rates.
Follow us on Instagram!
The Nerdy Agent - @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
In today’s economic segment we’ll be going over all things investors! We'll discuss how they impact the market dynamics and how you can best support investor clients. As always, we'll close with a script that will help you when speaking to anyone interested in learning more about becoming a real estate investor!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode without our host, Luke, we decided to mix things up and do an 'Ask Us Anything' question and answer questions sent in from our Instagram followers. We give our thoughts on the year ahead, things you should be focusing on within your business, and tell stories about our time in real estate together. We hope you enjoy!
Follow us on Instagram!
The Nerdy Agent- @thenerdyagent
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be discussing transaction coordinating and walking you through the different options available to you for ensuring your clients have a great experience throughout the transaction in the most effective way for your pocketbook. We'll share our thoughts on when is the right time to hire a full time employee vs outsourcing transaction management vs handling it yourself!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s segment we’ll be walking you through why the fail the failure rate is so high among real estate agents. We'll go over how many agents there are in the market, how that translates to available sales for each agent, and most importantly, will talk through the key ways you can be one of the agents that stands out, even when the market is tough!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be discussing key things you can look at, learn about, and call out during a showing to show your clients value. We'll outline the most important things you can evaluate and how to effectively communicate with your client to help educate them through the process.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be going over the Consumer Price Index and walking you through why it's arguably the most important thing you can be following as a real estate agent right now. We'll discuss how it's calculated, what it means, and how you can use your understanding of it to properly advise your clients on interest rates!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be discussing how to communicate with your seller clients and the best way to advise them when preparing for a listing. We'll outline the best things to spend money on and how you can best communicate with them to ensure their listing is perfect in advance of going on the market!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be deep diving the Fannie Mae National Housing Survey. We'll walk you through how the survey is conducted, the key questions that are asked, and how you can interpret the data to understand trends in the market. We'll also tie it all together with scripts that you can use with friends and family to help you be the expert in the room!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be talking all things buydowns! We'll explain the different options available to your clients, how they work, and how you can use them to reframe the conversation about interest rates and help your clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be talking through the recent rate increase from the Federal Reserve, how it impacts mortgage rates, and what you should expect for the remainder of the year. From there, we'll go into the layoffs that were announced at Zillow & Opendoor and what they mean for the future of those two organizations before finally discussing home pricing, both what is happening nationwide and the changes we're seeing in our local market. As always, we'll leave you with a script that will help you wow your friends, family, and clients the next time they talk about the changes happening to real estate pricing.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For our Halloween business tip we'll be talking about the scariest part of the process, the inspection. We'll give our thoughts on how to ensure inspection day is as smooth as possible and how to support your buyer through it to minimize fear.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business conversation we’ll be going over the pros and cons of joining a team and being a solo agent. We'll provide our unbiased perspective on when each option is a better fit for you!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be discussing how you can use the Showing Time data to understand and explain to your clients the current state of the market. We'll also provide both our crystal ball of where this crazy market is going and, as always, will leave you with scripts you can use when talking to your friends, family & clients!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be giving you our do's and don'ts for finding buyer clients at an open house. We'll guide you step by step through how we interact with open house attendees and our tips to move them from acquaintance to client!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be discussing all things iBuyers! We'll bring you up to speed on who the key players in the iBuyer segment are, what they do, and how knowing about them can help you better support your clients and your business!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be discussing why it's so important to stay in touch with your clients after their closing! We'll be going over the best strategies to remain top of mind for them and the impact it has on your long term success as an agent!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be talking through the recent activity from the Federal Reserve, what it means (and doesn't mean) for mortgage rates, and how rates are impacting affordability in the marketplace. From there, we'll give our perspective on what's to come these next 12 months and, as always, we'll provide scripts and conversations to help you be the expert when talking about it.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s business tip we’ll walk you through the different options you have for staging a listing and give our insights on which options will work best for your clients. We’ll provide an overview on the costs associated with staging and the impact it has on a listing!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be talking through alternative approaches to financing beyond 30 year fixed mortgages and help you understand why it’s important to understand what they are and when they can be used. We’ll also provide you an overview of bond yields and what exactly it means when everyone is talking about the inverted yield curve that we’re currently seeing in the bond market.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
For today’s business tip we’ll be debating all things closing gifts! We’ll share our thoughts on whether they are important and how you can use gifting as a way to make a positive impact on your clients lives and your business!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s economic segment we’ll be talking through the different loan options that are available to your clients and why it’s so important to understand the uniqueness of each of them. We’ll also provide insights into how you can use your knowledge of them to both help show your clients you are an expert and to help set them up for success strategically as a buyer.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode we’ll be discussing the foreclosure process and how you can support clients both going through a foreclosure or looking to acquiring foreclosed homes. We’ll also discuss historical foreclosure rates and other key indicators that impact future foreclosures, as well as how foreclosures impact the real estate market. Following that, we’ll walk you through the key components of accounting within your business and give tips on ways you can save money!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
Today we're breaking down the Affordability Index, a weekly metric published by both the National Association of Realtors and your local association. We'll help you understand how it's calculated, what it means, and why it’s so important! From there we’ll leave you with ways you can use the Affordability Index in conversations with clients, friends, and family to be the expert in the room. Lastly, we’ll be talking about reviews! We’ll be exploring where and how to get them and why they matter in building your credibility as an agent!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode we’ll be tackling the hot button topic of student loans and how the recent student loan forgiveness program could impact the real estate market. After that, we’ll talk through SOPs, what they are, and how you can use them as an agent or team leader to optimize your business.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode we’ll be discussing the Home Builder Confidence Index and diving into how home builder confidence impacts real estate market dynamics and how you can leverage that knowledge to support your clients. Following that, we’ll talk through transaction templates, both how to create them and why they’re so important and, as always, leave you with scripts to utilize with your leads, clients, and friends.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode we’ll be discussing how recessions are determined and what they’ve historically meant for the real estate market. We’ll dive into the current economy and walk you through how our current economic environment aligns with past periods of recession and give you insights on how to effectively communicate with clients concerned that real estate is ‘in a bubble’. After that, we’ll discuss why you need to get and build out a CRM to ensure you’re staying on top of everything your clients, friends, and family need.
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen
Check out our YouTube channel!
https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today’s episode we’ll be discussing what quarterly earnings reports are, why they occur, and how they impact you as an agent. We’ll be chatting specifically about the 2 largest national brokerages (eXp & Compass), as well as Zillow & Opendoor, the two industry powerhouses that just announced a partnership. Following that, we’ll spend time diving into why it’s so important to track each of your transactions and understand where your business is coming from!
Follow us on Instagram! The Advisory Realty Group - @theadvisorymn Luke Pettersen - @pettyhomes Josh Pettersen - @joshpettersen
Check out our YouTube channel! https://www.youtube.com/channel/UC_ZBGkGELoPz7-O8Sk-uIBw
In today's episode we'll be sitting down to discuss mortgage interest rates, where they are today and what is causing them to move. We'll also be dispelling common misconceptions around what causes mortgage rate fluctuations and breaking them down in a way that you can communicate to your clients, friends, and strangers. Outside of that, we'll be introducing ourselves and talking about why having a routine as a realtor is so important!
Follow us on Instagram!
The Advisory Realty Group - @theadvisorymn
Luke Pettersen - @pettyhomes
Josh Pettersen - @joshpettersen