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2207: The Art of Negotiation: How to Get the Best Deal on Real Estate with Brad Smotherman
Manage episode 439436648 series 3563509
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Jason discusses the current state of the real estate market, highlighting a significant drop in new property listings, with 2023 inventory growth being dramatically lower compared to pre-pandemic years. This trend is attributed to the "lock-in" effect, where homeowners are reluctant to sell due to current market conditions. He also touches on political issues, including speculation around Kamala Harris' use of Nova H1 audio earrings during a debate. He emphasizes the influence of bias in political discourse, urging listeners to remain open-minded to contrary viewpoints.
Then Jason and Brad Smotherman discuss the current state of the real estate market, focusing on both the sales and rental markets, and the challenges faced by buyers. They also discussed the advertising and negotiation strategies of Brad's real estate business, the impact of technology on people's behavior, and the potential of converting an office building into a co-working space. Lastly, they touched on the influence of "doomers" who publish pessimistic forecasts and the importance of holding them accountable for missed opportunities.
#realestate #investment #creativefinancing #mortgages #marketanalysis #housing #economy #inflation #rentalmarket #negotiation #business #entrepreneurship #financialfreedom
Key Takeaways:
Jason's editorial
1:24 Realtor: New listings by month
3:38 Trigger Alert! Conspiracy Fact!
7:12 "Let them eats cats!"
9:10 Crime in government
Brad Smotherman interview
10:50 A giant demand for housing and Brad's outlook
15:48 Chart: Buying power and sensitivity
18:23 The rental market and black swans
22:03 Creative financing
27:34 Distressed home owners and operating in a slimmer market
30:07 Structuring the deal
33:57 Commercial and residential properties
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