Real Estate Agents, Lenders and Other Commission Based Careers Are Always Unemployed After Each Closing. In 2008 I talked about non-financial instruments that are much like real estate trust deeds and notes, paper secured by real estate, like an annuity paying out every two weeks.
Watch the 2016 video below...
I help brokers and agents fill in the
financial gaps they have between closings
so they are not pressured in their fiduciary
duties with buyers and sellers.
Filling in the financial gaps while working
at being the best real estate agent in the field.
Never Deny An Opportunity Before
Checking Things Out...
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2022-2023 Update, It's Getting Crazy!
2-3 yrs ago Agents didn't have inventory, rates
we're good and then, being unemployed
between closing became real wide!
And in, 2023 we are in a Nobody's Market
All agent's know about a Seller's Market's and
a Buyer's Markets, and now it's
a Nobody's Market. We don't have
an interest rate problem, we have
an inflation problem.
When agent's are unemployed during a
Nobody's market, the unemployment
gap is huge.
Fast Forward To 2024...
The financial unemployment gaps are getting wider. Inventory will increase. Interest rates might drop 25 basis point a few times during election year of 2024, starting most likely in March. But we will be faced with that unemployment gap and the rates will go back up. Its a temporary feel good period of lower rates, but should go up again. I base this off of the FED's goal of 2% inflation rate. We are around 3% +
If their goal is 2% and we are at 3%+ why are they lowering rates. It's political.
If Trump is elected, he will reduce
inflation with cheap oil, but I
think rate will still be 6-7%
How I Predict The Market...
Keep an eye on DC. It is here that corrections are made, it's nothing but a mess on both sides of the aisle. Keep an eye on the FED's goal on a 2% inflation rate. They don't care about your feelings, that is their goal, 2%
Talk to grocery store owners and their vendors. Economists often watch the price of commodities like beef, turkey, and eggs (never forget the $7 per dozen era that was January 2023) to keep an eye on consumer spending, which helps them understand the pulse of the overall economy.and click.
Watch the Treasury Bond ( 11:22 into video ) activity and the link to mortgage rates.
If you're on FB, Click, this is another link facing the real estate market, some may think differently but war should be on the list. If you pay attention to 1-7 you can predict our economic situtation in buying and selling real estate. This is why creative real estate transactions used in the 1980's will be helpful in the 2020's. I've experenced the pain in 1976-81 Carter tenure of slow economic growth, rising prices and rising unemployment, and the corrections in the Reagan tenure, the pain of the dot com bubble in the 1990's, 2006-2009 Frank-Dodd mess up, and 2021-23 mess with mindsets of the republications and democrates. Watch the behaviors of these mindsets. When many agents left the real estate industery, I weathered it out. I know the market behaviors, I know what's around the corner with inflation, stagflatiion and selling your home righ the first time. Understanding it all comes back to items 1-7 above. Check this out, a term called reflation. If rates drop to around 6% and the FED is trying to maintain a 2% inflation rate, something is fishy. Why are they going against their 2% goal when its at 3.1% range now.