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Rate Cut Whispers Getting Louder
Time to act before the market catches up
Splits and Caps Daily: Action for Agents
September 9, 2024
📈 Market Move:
Hint, Hint
Alright, folks, time to wake up and pay attention. Mortgage rates are looking to take a dip, and this could be your shot. The Fed’s been hinting at a rate cut coming soon, and that’s got everyone wondering if now’s the moment to pull the trigger on that home purchase or refi you’ve been sitting on. Rates haven’t been this low in a while, and even though we’re not expecting a freefall to pandemic levels, we’re seeing a window of opportunity open up.
But here’s the kicker: this window won’t stay open forever. Once the Fed makes its move, you can bet the market will follow suit—so if you’ve got buyers on the fence, now’s the time to nudge them off. And for you refinancers, it might be a good idea to start those conversations with your lenders. Remember, it’s all about timing, and in this market, the early bird doesn’t just get the worm—it gets the house.
🌟Quote of the Day:
"Don’t watch the clock; do what it does. Keep going." – Sam Levenson
âš¡ Quick Win:
Declutter Your Desk: Spend ten minutes decluttering your workspace. A clean space equals a clear mind, and a clear mind means you're ready to tackle big things.
🎉 Fun Fact of the Day:
Ever heard of the town that sold itself on eBay? Yep, in 2002, the entire town of Bridgeville, California, was auctioned off for a cool $1.77 million! Turns out, real estate deals don’t just happen with houses—you can literally buy an entire town if you’re in the market.
📚 Resource of the Day: ConvertKit
Feeling like your email marketing game could use a boost? ConvertKit’s got your back. It’s designed for creators, but real estate agents can tap into its power to automate follow-ups, segment leads, and nurture client relationships without breaking a sweat. Whether you’re sending out new listings or staying top-of-mind with your clients, ConvertKit makes it easy to keep that inbox buzzing with potential buyers. More emails, less manual effort—it’s a win.
(Check out our Agent Resources for more recommendations)
That’s all for today! Keep pushing, keep learning, and remember—big wins come from the small moves you make daily. Let’s get out there and make it happen!
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