NINJA COACHING Coast to Coast
EPISODE 84: Buyer’s vs. Seller’s Market? Does It Even Matter?
Is your current market a buyer’s market? A seller’s market? Neutral? For as long as we can remember, 6-months of inventory signified a neutral market, but does that really still hold true? With information more readily available and everything moving at a faster pace in general, Garrett and Matt make an argument that a 6-month inventory should not be your automatic definition of a neutral market. In fact, they discuss what statistics might be more important to you, as an expert in your market. And, even if you decide it is a buyer’s or a seller’s market, you still have clients on both sides of the market that need help; what to do with the information when it is not necessarily in your client’s favor?
In this episode of NINJA COACHING Coast to Coast, Garrett Frey and Matt Bonelli, talk statistics, they question the commonly accepted market definitions, and most importantly, dive into how to use the stats and the market climate to help your client best regardless of what seat they are sitting in. Click here to listen now.
Does your perception of your market fit the industry standard, 6-months inventory is neutral, over 6 months is a buyer’s market, and under 6 is a seller’s market? Weigh-in; we’d love to hear what you are seeing. Reach out on Facebook or Instagram. Or email Matt and Garrett.
As mentioned in this episode, Focus1st‘s Visual Pricing software is a great tool for making absorption rates digestible for your clients who do not look at these statistics all the time. We highly recommend you check it out!
Join Garrett Frey and Matt Bonelli by clicking on the link below.
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NINJA COACHING is fiercely committed to guiding real estate agents and mortgage brokers through the process of implementing NINJA SELLING philosophies and principles to build their businesses and lives that surpass anything they thought possible.
The Ninja Coaching Coast to Coast Podcast is for real estate agents, mortgage professionals, sales pros and ANYONE looking to better their business to increase their income per hour. Learn from the hosts, Ninja Selling Coaches, Garrett Frey and Matt Bonelli, as they share tips and tricks from top producing agents around the country.