Economic Concepts for REALTORS

12/12/2023 31 min Episodio 158
Economic Concepts for REALTORS

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Episode Synopsis


Brent Lancaster joins this week’s episode to discuss what economic concepts come into play when it comes to a real estate transaction and how agents can best prepare themselves for potential market changes.We cover:Brent’s history and background in real estateWhat motivates buyers and sellersWhere the market stands todayWhy it’s good to be honest about the marketThe three numbers he recommends regularly knowing from your MLSWhy interest rates are so importantWhere inventory and home prices stand todayWhat he thinks the future market is going to look likeWhat agents can be focused on during a slower timeWays to prepare your clients for potential market changes