The BIGGEST trick real estate agents use to get you to say "YES"!
Real Estate Realities With The RebelBroker
Release Date: 09/07/2018
Real Estate Realities With The RebelBroker
In this weeks show we are looking at a few different bits of economic news that could push our real estate market one way or another. Not a lot of certainty in todays show, but I will offer what I think are prudent actions for buyers, sellers and investors to prepare for the possible eventualities. Links: https://www.calculatedriskblog.com/2022/08/july-employment-report-528-thousand.html
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UPDATE: I have updated this weeks show to now include the last 10 minutes. Apolgies to my folks who consume the show right when it comes out! The cutoff point was 35 minutes - so you can just fast forward to that point to get what you missed! We are not quite ready to look at the full data for July 2022. However, my weekly 7 day snapshots of real estate data are showing a growing surge of price drops across the board in Santa Clara County. This is true in San Jose and my home turf of Morgan Hill. It is also effecting most other communities in the county.
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Things are happening fast! In todays show we pass around an idea. Does it matter what starts an economic downturn? When we had the big real estate bubble, car loans got hit to. Now that car loans have apparently been as stupidly handled as mortgages were in the early 2000s, can we expect a fast follow on downturn in the housing market? I tend to think it is reasonable to consider the possibility. We are going to spend some quality time chatting about the current realites and see where it leaves us! https://www.youtube.com/c/KevinHunter
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The chief economist for the National Association of Realtors took a look at the most recent inflation numbers - along with other economists - and projects increases in mortgage rates making a steeper climb. We will chat about this and consider the possibility that no one is prepared for what really needs to happen to interest rates to really make any kind of dent in inflation. Buckle up, this will be a rough one. https://magazine.realtor/daily-news/2022/07/13/yun-bolder-fed-inflation-policy-may-catapult-mortgage-rates
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It is time for a glimpse into the crystal ball and see if we can't use information we have today to estimate what is coming. There are several interesting trends that tend to feed the idea that something bad is around the corner, so today, we will review them and see what we might think they will do to our real estate markets. Also, don't forget that this Saturday, July 16th will be our next Coffee & Real Estate Live Chat on Facebook! Find it here: Links:
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On this weeks show we discuss recent data revealing the most at risk real estate markets in the United States! Whether you are a buyer, seller or saavy investory, you will want to know the most and least vulerable real estate markets out there right now. Link: https://www.attomdata.com/news/market-trends/attom-q1-2022-housing-risk-report/
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This week, we are going to gaze into the crystal ball. Several things are going on right now that I believe set the stage for a potentially market killing outcome. Follow along with me in todays show and see if you agree. If I am right, we could be heading into some very tough times over the next few years.
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Home inventory is ramping up at a pace that I don't think anyone could have imagined just a few weeks ago. In addition, despite recent news that home starts have dropped, we will still see a solid increase in home completions in 2022. I think that spells potential opportunity for buyers and investors and possibly a warning to home owners. So in this weeks show, we will chat about what this shift in inventory could mean for buyers, sellers and investors. Check out the show notes on the website for all the details. https://www.therebelbroker.com ...
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Some of you may know Michael Hellickson from his reputation as a dominant figure in real estate sales. While Michael can clearly offer insights for real estate agents that want to improve their business, his experience can also help buyers, sellers and investors in their real estate journey. Today we will take some time to chat about the big topics in real estate and see what he believes are the right steps to take in your life to prepare for whatever might come down the road, or to get started with your real estate investments. You can find Michael at
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The folks over at realtor.org are reporting that the national inventory of homes increased 11% when compared to the same time last year. This is definitely information worth remembering since, as I have suggested for years now, this is all about inventory. We take that national number and we bring it down to the local level and take a look at the home inventory numbers for Santa Clara County. What we discover is pretty amazing! Source:
info_outlineWhat is the biggest trick real estate agents use when working with clients? We will discuss that today!
For those of you that have been listening to my show for a while, you know that I take a slightly different approach. In terms of what I consider to be the "Right" way to do things, the current dominant attitude in real estate just does not make the cut. Today, we are going to reveal the greatest weapon that real estate agents will bring out to get you to make an emotional rather than a rational decision. It is a tool that is taught by EVERYONE in real estate. On its own, it is not a bad thing. To one degree or another, we all do it every day. However, when this tool is taken to the degree that you embrace the 'small deception' - which is standard operating procedure in the world of real estate - you are crossing a line that leads to an attitude that too easily can brush the truth aside for more and more critical issues - which is a bad thing. Now you see what I did there? I have teased the point of todays show hard. I am told that this is the way to write show notes! So consider yourself teased! I will not only lay out what this tool is and how it is used against you, but how you should counter it so that you can get what you deserve from your chosen real estate professional. Oh, and for all you real estate agents out there, we will chat about how you can still use this technique, just not be a lying butt head about it.
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