How are you stepping up as the educator in your marketplace?

The October 7th episode of This Week of Housing covers your questions on the latest news of housing recovery, unemployment numbers, and how the real estate industry will be affected by the presidential election. 

I was joined by David Childers from Keeping Current Matters, as well as Carlton Bell and Johanna Fatheree, Tom Ferry Coaches and Rockstar agents! 

We covered why you need to become the educator of your marketplace and shared important scripts to use with your clients. As the trusted agent of your area, you need to be backed up by real data and real facts!

In this episode we also shared valuable key metrics on mortgages in active forbearance and helpful scripts on how to get more listings!

Step into your full potential to help and inform your clients about the current market so they can make the best decision!

In this episode we talk about…

1:30 – Are you an educator of your marketplace?

4:53 – David Childers shares an update on housing market recovery data

8:09 – Johanna Fatheree and Carlton Bell share important advice to agents who will be presenting the housing market data to their clients

10:26 – Experts are sharing numbers that don’t quite align with consumer confidence statistics

11:39 – This is the “snapshot” of year-over-year changes in key metrics

17:40 – This is the updated BLS Unemployment rate for September 

24:50 – David shares a comparison of unemployment numbers of the Great Depression to 2020 Recession 

26:48 – Check out the data of mortgages in active forbearance is decreasing in millions 

30:14 – David talks about the inventory equity experts and the months inventory of homes for sale for buyers’ and sellers’ market 

33:29 – This is the percentage of homeowner equity in 2020

34:43 – David shares the projections on future home prices 

38:20 – Johanna and Carlton share their thoughts on the projections of the future home prices and how agents can become trusted agents of their area 

46:01 – This is the year-over-year change in listings 

47:41 – Carlton and Johanna give their advice on how to get more listings 

53:49 – David, Carlton and Johanna share their thoughts on moving habits throughout the country