The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. In the September 2022 MSU, we cover: the leveling of California home prices, with prices barely rising in May 2022;ARM rates, which have increased rapidly in 2022, soon to surpass FRM rates; andthe widening mortgage rate spread, which indicates lenders are […]
Each month the MSU features three interrelated charts, presented in a dynamic video as well as a PDF. Collectively analyzed, these charts provide you and your students with insight and practical expectations about the future. The status of the real estate market is critical to inform your curriculum and marketing strategy — as well as […]
In a previous post I stated that each year David Knox from the Twin Cities is one of my favorite instructors at any National Association of Realtor’s Convention. Why? He is quick, witty, does outstanding voice impressions, has excellent content for salespersons, energetic and charming, etc. etc. etc. It is a pleasure to watch him […]
Heard a good comeback from a Senior to a Millennial. The young was mocking the older in saying “You know nothing about games, apps, or browsers.” The older said, “Yes, but I can read cursive, tell time on a clock with hands, know how to change a tire and how to write a check.” Want […]
In class recently, someone asked me how I started my own company in Real Estate as if my ideas would be helpful. I can tell you what I did but with no guarantees. I was Director of Property Management for the Forest E. Olson Co. in Van Nuys, when I decided to change to selling […]
1. Google yourself and check what people are saying about you. 2 Get a signature file in your email. Sending out business emails without a signature file giving contact information is like giving out a business card with only your name. Don’t know how to do it? Find a 10 year old kid. 3. Go […]
I attended a meeting of the California Association of Mortgage Professionals and heard a useful marketing tool mentioned again by Nelson Otero, President of the Southern Los Angeles County Chapter. I say again because Professional Real Estate Broker Terry Yapp of Mission Viejo has followed this technique with me many times. Just after the first […]
A parent has owned a home for a long time, and their purchase price plus improvements is much less than a current sales price. A broker called me to tell me that they had a problem. “To avoid probate, the mother had put the daughter on title as a joint tenant. Upon death the daughter […]
The Commissioner of the California Department of Real Estate, Doug McCauley, was very generous with his time and allowed me to interview him on his two year anniversary. I asked him the questions that I thought licensees would ask if they had this opportunity. His candid and open answers should help us better understand the […]
Each month the MSU features three interrelated charts, presented in a dynamic video as well as a PDF.Collectively analyzed, these charts provide you and your students with insight and practical expectations about the future. The status of the real estate market is critical to inform your curriculum and marketing strategy — as well as give […]
