Is it OVER, is the 10-year+ housing BOOM finally over? Is the real estate ‘bubble’ popping? What are the leading indicators that will give you real, unbiased housing market information?
7 – New future housing developments. Residential land developers (or builders) buying land? If developers and builders aren’t confident they stop buying land.
Reminder, you promised yourself you would become a HARRIS Coaching client. You are done wasting time and ready to follow a proven path. Now, while you are here make the next natural step and join the 1000s of other agents as a HARRIS Real Estate University coaching member. No more waiting or procrastinating. Join now. Here is the quick and simple enrollment.—-> YES, Enroll Me Now In Premier Coaching. I WILL make NOW my best year ever!
8 – Price reductions. This is a great indicator of what’s happening in your market and easy to see ‘what’s hot and what’s not’ on the hotsheet.
Mindset Tip: Avoid the lagging agents. They will only demotivate you and share their ‘excuses’ why they are failing.
9 – Number of Expired / Withdrawn / Temporarily off the market homes. When you see more expireds, something is happening. Are the aspirational, non-motivated sellers giving up, or is there just too much competition to get that price?
10 – Number of open houses each weekend. If a house sells in the first 72 hours, it probably isn’t going to have an open house.
11 – Companies who have been selling stuff to agents start to dry up. Those companies only thrive in a fast and furious hot seller’s market!
12 – You’re getting your buyers in contract faster, with less competition! Buyers will start to regain a bit of power when there are more homes to choose from. You’ll see more home inspections getting negotiated, fewer free leasebacks to sellers and sometimes even a home sale contingency accepted. FHA and VA buyers may actually be able to buy.
Quiz:
Please choose one answer:
1) I am ready to join EXP Realty.
2) I am interested in EXP Realty and need more info.
3) I am not interested in EXP Realty.
Key:
* If you answered “#1” congratulations. You are about to join the fastest-growing real estate company in the world. Tim and Julie Harris are inviting you to join them at EXP Realty. Text Tim directly for the next steps: 512-758-0206. (text only please)
* If you answered “#2” please watch the videos and check out the other intel on this site. http://whylibertas.com/harris .
* If you answered ‘#3’ no worries. You will want to check out whylibertas.com/harris so you can at least know what EXP Realty is and why so many agents are moving to EXP.
