Summary
On this week' s show, David is joined by Jordan Moorhead, a real estate agent/investor in Austin, TX who helps buyers and sellers in Austin and invests there himself. Jordan shares what’s going on locally, what the active to pending home sales ratio looks like, and what he’s doing to survive in the market as an agent while times are tough. David and Jordan tackle the economics of Austin, Texas - how to handle a career with constant highs and lows, and principles he learned as a child to help him stay humble when he’s making money and safe when he’s not. If you’re an agent who’s worried about what to do in a market with less transactions happening, this content is for you!
Chapters
00:00 Introduction to Real Estate Dynamics
02:00 The Rise of Austin's Real Estate Market
05:53 Market Corrections and Affordability Challenges
09:34 Navigating the Current Market Landscape
13:34 Building Resilience in Real Estate
17:30 Effective Time Management for Agents
21:13 The Importance of Being Useful in Real Estate
26:08 Adapting to Feedback and Growth
27:54 Learning from Mentors in Real Estate
29:23 The Importance of a Strong Foundation
30:44 Navigating a Competitive Market
31:40 Identifying Opportunities in Real Estate
33:44 New Builds vs. Fixer-Uppers
38:19 Strategies for Finding Fixer-Uppers
40:26 Writing Offers and Negotiation Tactics
44:48 The Future of Austin Real Estate
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