Price Cuts Surge

Splits and Caps Daily: Action for Agents

September 6, 2024

📈 Market Move:

Buyers, This is Your Shot

The market is throwing some curveballs, and this one’s big: price cuts are up. In August, 19.3% of homes on the market saw price reductions, up from 16.2% a year ago. The West and Midwest are getting hit hardest, with cities like Portland, Providence, and Cincinnati leading the pack with the sharpest spikes.

For agents? This means buyers have some serious room to negotiate right now. If your clients are looking to jump into the game, this could be the moment to find those hidden gems at a discount. Keep an eye out—things are getting interesting.

🌟Quote of the Day:

"The secret of getting ahead is getting started." – Mark Twain

⚡ Quick Win:

Tweak Your Story: Give your “About Me” page a 10-minute makeover today. Toss in your latest wins, a cool personal hobby, and something that makes you human (beyond just being a real estate machine). The goal? Make clients feel like they already know you before they ever hit that contact button. You’re not just selling houses—you’re selling you. Keep it real, keep it fresh.

🎉 Fun Fact of the Day: 

Here’s a wild one—did you know that Bill Gates bought up a ton of farmland? That’s right. Gates is now one of the biggest private owners of farmland in the U.S., with over 242,000 acres to his name. Seems like the tech world and real estate aren’t that far apart after all. When you’re thinking long-term investments, maybe it’s not just about skyscrapers and condos.

📚 Resource of the Day:

Feeling overwhelmed with listings, client meetings, and deadlines? Todoist is here to keep you organized. It helps you manage tasks, set reminders, and prioritize your day, so you can focus on what really matters—closing deals. Perfect for staying on top of your to-do list and never missing a follow-up again.

(Check out our Agent Resources for more recommendations)

That’s a wrap for today! Stay focused, stay hungry, and remember—every small step moves you closer to the big win. Let’s go make it happen!