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263: Is The Bubble Bursting? - Toby Salgado

263: Is The Bubble Bursting? - Toby Salgado

FromSuper Agents Live- Selling Real Estate


263: Is The Bubble Bursting? - Toby Salgado

FromSuper Agents Live- Selling Real Estate

ratings:
Length:
26 minutes
Released:
Sep 6, 2016
Format:
Podcast episode

Description

Today's episode I ask the question: Is the bubble bursting?  There are lots pieces of data that points to an issue in today's market.  When we look at all these data points together I can make the case that we are at the tail end of a bubble. We are seeing 1.  Days on market increasing in the luxury markets while the lower end is still on fire 2.  The average sales price is the highest its ever been 3.  Purchased money loans have decreased by 4% despite the fact that helocs are rapidly increasing. While this should frighten you it also points to opportunity if you are able to shift and adapt to the market.  Here is what you need to do right now 1.  Develop a UVP unique value proposition 2.  Look at specific neighborhoods and see where days on market are increasing---there is where you will find motivated sellers 3.  Begin to scour FSBO and similar groups on Facebook Join the Conversation Follow me on twitter @superagentslive Hashtag: #unpackthatidea Ready to level up and do radio?  Go to www.realestateradioexperts.com and see how you can double your business.
Released:
Sep 6, 2016
Format:
Podcast episode

Titles in the series (100)

The #1 podcast for agents. We talk with Real Estate Agents who sell more than 50 Million dollars a year in volume and find out how they do it. We uncover their stories, secrets and tips & tricks. We bring on top producers, coaches and authors and do a deep dive