Cash is King

But the Crown is Getting Heavier

September 18, 2024

Splits and Caps Daily: Action for Agents

September 18, 2024

📈 Market Move:

Money Talks
 and It’s Under Surveillance

Big changes are on the horizon for real estate professionals dealing with non-financed transactions. A federal agency is cracking down on cash sales involving holding companies and trusts, requiring brokers, attorneys, and others to report suspicious activity. While typical mortgage-backed deals are already regulated, these new rules target all-cash transactions, considered high-risk for money laundering.

Starting December 2025, expect more paperwork and new business opportunities for title and closing companies as they take on the extra compliance work. But don’t get too excited—the volume of reports could make enforcement tricky.

The silver lining? These changes may just open doors for new business in the title and closing space. Keep an eye out for how this unfolds!

🌟Quote of the Day:

“Hardships often prepare ordinary people for an extraordinary destiny" – C.S. Lewis

⚡ Quick Win:

Profile Glow-Up: Block out 10 minutes today to freshen up your LinkedIn or Instagram. Toss in a new headshot, throw in a humble brag or two. Clean profile = new leads. You’re basically upgrading your digital handshake.

🎉 Fun Fact of the Day: 

The Longest Land Beef in History: So, imagine arguing with your neighbor over property lines for, like, 500 years. That’s exactly what two villages in the UK did—this beef only ended in 1980. Yeah, long before HOA complaints, people were still fighting about land.

📚 Book Recommendation:

"Your First 365 Days in Real Estate" by Shelley Zavitz  – You’re new in the game and thinking, “How do I not screw this up?” Shelley’s got your back. She maps out how to survive (and thrive) in your first year as a real estate agent. It’s like having a personal mentor showing you exactly what to do so you can avoid the rookie mistakes and start stacking wins early.

Check out our Agent Bookshelf for previous recommendations and Agent Resources for other ways to improve your business!

Time to wrap it up! Keep grinding, stay sharp, and remember—the market doesn’t wait, and neither should you. Let’s make those moves!

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