Data Over Drama: Guiding Clients Through Today's Real Estate
Date Posted: July 21, 2023
Behind-the-scenes look of an actual conversation you can have with your clients and agents.
Use this as an opportunity to ROLEPLAY so you are best suited to educate them and best set them up for success in deciding if now is ACTUALLY a good time to buy a home.
It is all about the DATA and not the drama.
So here it is...
January 2023 recorded a whopping 70% surge in property listings compared to the same month in 2022. That's nearly twice as many options for homebuyers!
But let's look at what's next...
By July 2023, we anticipate fewer homes to be on sale compared to July 2022. The gap for available homes is closing fast...
Each month someone waits to purchase a property, the pool of available homes diminishes.
A smaller inventory can lead to higher demand and subsequently, higher prices - classic supply and demand.
In fact, recent data shows home prices continue to inflate by approximately 0.8% per month. If you're eyeing a $500,000 home today, waiting another 30 days could add an extra $4,000 to the price tag!
Take the time and EDUCATE your clients it is your duty as their agent!
Give today your all 👊
Matt Smith went from working out of his basement to #8 in the nation in just 4 short years!
He is the owner of Matt Smith Real Estate Group in small town Missouri. His team is currently made up of 39 people and 23 of those are agents.
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