Builders on the Brink

Splits and Caps Daily: Action for Agents

November 19, 2024

📈 Market Move:

Opportunities and Obstacles

Builder confidence is climbing as we head into 2025. With the election behind us, builders are expecting some relief on the regulatory front, which could mean more homes and apartments getting built. Sentiment has been improving for three months straight, and the outlook for the next six months is looking bright. The big win for builders? Expectations that new policies could roll back some of the red tape that’s been slowing things down.

But it’s not all smooth sailing. Tariffs could still spike material costs, and labor shortages—along with inflation and interest rates—are still lurking in the background. On top of that, 31% of builders are cutting prices to combat affordability issues, with an average 5% price reduction.

Overall, it’s a mix of optimism and caution, but if the regulatory changes come through as expected, we might see a boost in home sales in the coming months.

🌟Quote of the Day:

"Opportunities multiply as they are seized." — Sun Tzu

⚡ Quick Win:

Quick Social Proof: Grab a recent testimonial, screenshot it, and post it on your Insta story or Facebook. Real clients, real happiness—it builds your credibility in an instant. Show off those wins!

🎉 Fun Fact of the Day: 

The ‘Billion-Dollar View’ Tax: Only in Monaco could a penthouse view come with a tax. Yep, if you’ve got that million-dollar Mediterranean vista, the government’s cashing in on your scenery. Call it a luxury surcharge.

📚 Book Recommendation:

“Thinking, Fast and Slow” by Daniel Kahneman – This book is a masterclass in understanding how your brain works. Kahneman breaks it down into two systems: fast, instinctive thinking and slow, logical thinking. Spoiler: your brain loves shortcuts, and they’re not always great.

For real estate pros, it’s gold. You’ll learn why clients make weird decisions and how to navigate them better. It's not a breezy read, but the insights will level up your game. Worth it!

Want to level up even more? Hit the Agent Bookshelf for top reads, Agent Articles for real estate gold, and Agent Resources for the tools to boost your biz—go get it!

That’s all for now! Keep the hustle strong, stay focused, and remember—every small win builds the big picture. Let’s make some moves!

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