Game On

Buyers finally get some love

October 04, 2024

Splits and Caps Daily: Action for Agents

October 4, 2024

📈 Market Move:

Buyers Are Back, Baby!

For the first time in years, buyers are gaining some serious leverage. Mortgage rates are hovering at 6.12%, down from last year’s 7.49%, and it’s sparking renewed interest—home tours and mortgage applications are on the rise. Inventory is up 16.6% from last year, with more listings coming in, giving buyers more options and bargaining power. Sellers are still offering buyer agent commissions, with 63% doing so frequently, and Redfin is reporting the highest homebuying demand since April. Fall just became the perfect time for home shoppers to strike, while others wait to see if rates drop even more later this year.

🌟Quote of the Day:

"Believe you can and you're halfway there." — Theodore Roosevelt

đŸ“ŠđŸ€” Agent Poll

What’s the hardest part of being a real estate agent?

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🎉 Fun Fact of the Day: 

Real Estate Gold Rush: Did you know that when Disney announced plans for Disneyland, real estate prices in Anaheim skyrocketed overnight? Locals cashed in big time—imagine turning your orange grove into a real estate jackpot.

📚 Resource Recommendation:

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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 it for this week! Stay bold, stay ambitious, and remember—every step you take is one closer to the top. Let’s go win the day!

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