The motivation of the situation!
Happy Thanksgiving/Black Friday weekend! I hope everyone enjoyed their day yesterday. Today I wanted to share some thoughts about this time of year and how often overlooked the opportunities are for us in the mortgage and real estate arena. I like to call this window, Thanksgiving through the middle...
Will the FED get the message?
Here we go, yet another FED rant by yours truly! CPI numbers on Tuesday were very good for the bond market and we saw a huge improvement as rates fell significantly. PPI numbers on Wednesday were also pretty favorable as well, even though the bond market rose, and we gave back some of the gains we s...
YIKES! More FED rate HIKES?
I have talked repeatedly about how the FED continues to look at old data when making decisions about FED policy. We have seen this repeatedly how many of the indicators the FED relies on get updated and revised so that the initial data was almost useless. As we saw in the spring, the FED was looking...
Buyers Beware!
A HUGE ruling in the lawsuit against how real estate commissions are split between a listing agent and the buyer’s agent may have a monumental impact on the future of real estate. Last Tuesday, a jury ruled in favor of the plaintiffs and set damages initially at $1.78 TRILLION DOLLARS! While we all ...
Part 4 – Scheduling
Time is exactly the same for all of us. Some just make better use of their time than others! Many people are often confused by terms like “busy”, thinking that being busy is a good thing. Well, there is a HUGE difference in being “busy” and being productive! They are NOT the same thing, not by a mil...
Part 3 – Connecting
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Connecting creates opportunities. Failing to connect leads to failure. Connecting incorrectly is worse than not connecting at all, because it leads you to believe you are doing something of value but are wasting valuable time. As part of business planning for 2024 it is important to look at ho...
Planning Step #2
Last week we spoke about the limited time left to get deals in that will close and get you paid this year. It is part of the overall business planning process I work my people through so they can close out the year strong and be building into the next year as they complete the current year. Last wee...
65 Days left to get PAID!
October brings us into the fourth quarter of the year, the last three months to do all the things we set out to achieve. However, given the way our system works, we don’t get paid when we get the client to agree to the sale, we don’t get paid even at the point of sale, we get paid AFTER the transact...
They’re Back!!!
They’re BACK!!! Remember those preapprovals that made a choice to stop looking for houses until the rates dropped and home prices went down? Guess what? THEY’RE BACK!!!
Each week as rates have continued higher and as inventory of available homes remains tight, those who believed the “experts” on so...
The Fed wants more proof!
The Federal Reserve Board meeting is over and there was good news and bad news. The good news is that they didn’t raise rates and held them where they were as expected. The bad news, well, there was more than just a little bad news, is the comments weren’t as encouraging as many had hoped, and the F...
