Episode 183: Know Your Local Stats
Episode 183: To truly be the local real estate market expert and agent of choice… you must COMMIT to being a student of the stats, trends, and everything impacting your area. How do you do this, join Jan O'Brien & Matt Emerson for some tips and tricks...
Be a student of your local market and real estate!
- Housing stats & trends nationally & locally
- Economy, Financing, News that impacts the industry
- Real estate process & transactions from lead to close
- Types of Transactions
- Resale
- New construction home
- Short sales, foreclosures/REOs
- TRIO Lease to own https://www.thinktrio.com/
- EasyKnock https://www.easyknock.com/ (Sale - Lease-back programs)
- iBuyers (Offerpad, OpenDoor, Zillow Offers, etc.)
- Knock.com Home swap program,
- Investors, 1031 exchanges,
- Probates
HOW to become THE expert?
- Daily - study the stats in your MLS
- Set up your own searches for neighborhoods, property types (your specialty) and review every morning (Look at Actives, Pending, Expireds, Price Reductions, and Solds)
- Monthly - get the reports available from your MLS or Association of REALTORS
- Learn how to read and interpret these statistics and be able to talk about what it all means them with anyone
- Subscribe to Keeping Current Matters for National Housing Trends, Stats, blog posts, infographics, social media posts
http://trykcm.com/a131126 (Use our referral link and get a $25 gift card and we get one month free) - Subscribe or Bookmark your go-to industry news sites
- Your State Association of REALTORS
- Inman https://www.inman.com/
- RISMedia http://rismedia.com/
- com https://www.realtor.com/news/
- Housing Wire https://www.housingwire.com/category/real-estate/
- CNBC https://www.cnbc.com/real-estate/
- Business Insider https://www.businessinsider.com/
- Bloomberg News https://www.bloomberg.com/
- Reuters https://www.reuters.com/
Demonstrate your Local Knowledge
WEEKLY Housing Snapshot Graphic and or Video for social
MONTHLY detailed Market report and video
- Email a Monthly Newsletter
- Create a Blog post
- Text the blog post to your database
Grab a graphic or chart from KCM or another source and post it or record a quick video or story
Find an interesting article on real estate? Share it with your opinion/feedback.
Preview the inventory - visit new home communities
- Take photos & videos
- Integrate it into your content on social or YouTube
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