Real Estate News and Auction

Every year, PTK magazine selects the 50 Arizona commercial real estate projects to know. Here are the projects to know for 2024.

Including results from our November 2022 survey of 1,263 homeowners and single-family renters with household income of $50,000+

Wealthy Americans, like boomers, have a bigger advantage than usual in today's housing market.

To dominate the market, Open Door has a plethora of strategies at its disposal if cooperative commissions are eliminated. Here, we present some potential approaches that can propel Open Door to the forefront of the industry:

Reducing Seller Fees:
Open Door can entice more sellers by slashing or even eliminating the dreaded seller fees. This move would undoubtedly make their service far more alluring compared to the traditional real estate transactions that typically devour a hefty 6% commission.

Competitive Buyer Agent Commissions:
Maintaining a competitive edge is crucial, and Open Door can achieve just that by offering lower buyer agent commissions. Our research indicates that Open Door's buyer agent commissions are already below the market average, ranging from 0.5% to a staggering 1% lower. This advantage will undoubtedly attract more buyers to our platform.

Streamlining Processes:
Open Door can further revolutionize the industry by focusing on streamlining its processes to reduce operational costs. This newfound efficiency will enable us to offer more competitive pricing and superior services compared to the archaic methods employed by traditional real estate players.

Marketing and Education:
Investing in robust marketing campaigns is paramount for Open Door to educate potential sellers about the unparalleled benefits of our model. In a world where cooperative commissions are no longer a factor, clear and concise communication about the immense cost savings and hassle-free process that Open Door offers will undoubtedly attract a flood of eager customers.

Legal and Regulatory Considerations:
Open Door must also navigate the treacherous waters of legal and regulatory challenges that may arise in the absence of cooperative commissions. Adapting to new regulations and ensuring unwavering compliance will be pivotal in our quest for market domination.

It is imperative to note that Open Door must meticulously analyze market trends, customer preferences, and the competitive landscape to implement a strategy that guarantees resounding success. With our bold approach and unwavering determination, Open Door is poised to revolutionize the real estate industry like never before.

Cooperative compensation will be dead in 6 months, it will separate the diamonds from the cubic zirconias

Check out Open Door on ZILLOW

ArizonaMLSFlatFee.com

Grab my free scripts and introduce yourself to our network: http://zerotodiamond.com

Ricky Carruth brings the fire of his 21 years of real estate industry experience to the table everywhere he goes. He eats, sleeps and breaths real estate. Some of his achievements includes a three-time #1 RE/MAX agent, the top agent in his county for eight straight years and two-time author. In 2016, he became the first completely free coach in the industry helping reduce the failure rate one agent at a time. He has had one of the loudest voices on the internet when it comes to the strength of the housing market since the pandemic. His presentations are energetic and full of the most recent housing data. You aren't going to want to miss his talk. And, as Ricky says, "Let's GOOOOO!"

Mark Stapp, a real estate expert who teaches at Arizona State University, said 1% down payment mortgages are simply a marketing tool to drive new mortgage business.

Former Keller Williams personnel have received letters noting that some individuals' profit share earnings could be reduced from 100% to 5%

The rate on the 30-year fixed mortgage decreased to 7.03% from 7.22% the week prior.

Delivered to you. Unpacks in an hour, @Boxabl is revolutionizing the way homes are built by applying principles of a factory assembly line to their building process. Follow us on Instagram @EnesYilmazer , @AyersWorld .

Make sure to follow me on my main channel where we tour the best homes around the world:
www.youtube.com/enesyilmazer

Boxabl CEO: Paolo Tiramani
Boxabl Website: www.boxabl.com
Boxabl's Youtube Page: https://www.youtube.com/c/Boxabl
Boxabl Instagram: @boxabl
https://www.instagram.com/boxabl/

Enes: https://www.instagram.com/enesyilmazer/
Enes on Tiktok: https://www.tiktok.com/@enesyilmazerla
Mikey: https://www.instagram.com/ayersworld/
Jayson: https://www.instagram.com/jaysonk0312/

For any business inquiries please contact me at: inquiries@enesplus.com

Would you like your listing or property to be featured on this channel? Click the link to get in touch with us: https://docs.google.com/forms/d/e/1FAIpQLSdVssxy9NZCBJuN0UKC-m1_Ncu7kL8_xzIWvS2Vv7yhJKiUbg/viewform?vc=0&c=0&w=1&flr=0

Follow me on Facebook: https://www.facebook.com/EnesYilmazerOfficial

My Channel: Hi everybody, my name is Enes Yilmazer and welcome to my second channel! Here you will see our trips around the world, behind the scenes of our video shoots and get the know myself, Mikey and the whole team. If you like my videos make sure to hit that SUBSCRIBE button. Leave a comment on any video if you have any questions about LA or homes we tour or simply to say Hi! Looking forward to meeting you!
Cheers, Enes Yilmazer

Bu ev turlarımı Türkçe seyretmek için Türkçe kanalıma gidebilirsiniz: www.youtube.com/EnesYilmazerTurkiye

WeBull is the app I use to invest in stocks:
Get 2 free Stocks on WeBull when you open an account and deposit $100 (Valued up to $1400): https://act.webull.com/k/bCDhBDjQ1epq/main

Camera Gear used in the Video and Edit:
https://www.amazon.com/shop/enesyilmazer?listId=1OXA45Y91M6J7

My favorite books:
https://www.amazon.com/shop/enesyilmazer?listId=2XTUW13ZX2HL7

Royalty-free music we use in our videos:
Epidemic (Free 30 day trial): https://bit.ly/3GRsjtl
Artlist (2 Extra Months Free): https://bit.ly/3p2k9YZ

Stock Footage: https://bit.ly/3E1QxiB
Motion Graphics: https://bit.ly/3skGrqX

Online course I used to get my Real Estate License:
https://trk.realestateexpress.com/?a=13808&c=158&p=r&s1=

Time Codes:
00:00 - Intro
01:52 - Factory Floor
03:12 - Materials
07:08 - Assembly
08:48 - Pricing
09:36 - Unpacking
12:09 - Completed Boxabl
17:02 - Outro

"Boxabl reimbursed Enes travel expenses of $8,000 and anyone can buy shares in Boxabl for $0.80 at https://www.invest.boxabl.com and read the offering circular contract at https://www.boxabl.com/circular "

#boxabl #tinyhome #factorytour

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about mortgage rates moving lower and where he sees rates going in 2024.

Related to this episode:

- Mortgage Rates Center: https://www.housingwire.com/mortgage-rates/

- Connect with Logan on LinkedIn: https://www.linkedin.com/in/logan-mohtashami-5167631/

- Follow Logan on Instagram: https://www.instagram.com/logan_mohtashami/

- Connect with Sarah on LinkedIn: https://linkedin.com/in/sarah-tester-wheeler

- HousingWire: https://www.housingwire.com/

Enjoy the episode!

The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.

Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam.

Many airbnb  hosts are venturing into the 'black market' for alternative rental options, and the video sheds light on the potential risks and challenges associated with this trend. Viewers will gain insights into the evolving short-term rental market and the importance of making informed choices when seeking accommodation alternatives
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Not only did home prices not crash this year, they got back to all-time highs and the number of homes taking price cuts is less than 2022.

The Real Estate Commission Lawsuit will affect how real estate buyers and real estate sellers transact and how they buy a home or sell a home.

On today’s Mortgage Monday, Christian and David will review this newest federal funds rate prediction from UBS, discussing what could cause the Fed to slash rates and whether or not getting back to 4% is even likely. With a growing economy, falling inflation, and a 2024 presidential election at the end of the year, a LOT could change over the next twelve months.



00:00 2024 Mortgage Rate Relief?
01:40 Sponsor: Monetary Metals!
02:36 How Low Will Rates Go?
06:42 Effects on the Housing Market
08:19 Supply Could Shoot Up
09:42 Presidential Pressure
10:53 Low Rates, Big Problems
11:20 Work with Christian and David!

Prices are falling from a year ago in four Texas metros–Austin, San Antonio, Houston and Fort Worth–and in Portland, OR. Redfin predicts price declines will become more widespread in the new year.

Investor purchases of single-family homes were at the center of bills introduced by congressional Democrats.

Not seeing weakness on spending side of economy

With another notable fall, rates on 30-year mortgages are now down to their lowest level in almost four months. Most loan averages declined, though refi rates were mixed.

The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, according to a slim majority of economists in a Reuters poll who said the first cut would be to adjust the real rate of interest, not the start of stimulus. All but five of 102 economists in the Dec. 1-6 Reuters poll said the Fed was done hiking in this cycle, even though Chair Jerome Powell said last week policymakers were "prepared to tighten policy further if it becomes appropriate to do so". Despite recent strong economic growth and inflation running above target, markets are pricing in around 150 basis points of cuts next year, starting in March, a swift change from the "higher for longer" narrative just a few weeks ago.

Buyers and sellers would profit from a truly free market.

A three-judge panel for the Washington, D.C., circuit seemed inclined to let the agency resume its probe into NAR's cooperative compensation and pocket listing rules.