He has you right where he wants you

(8/14/2024)

It Begins In 96 Hours...

(8/13/2024)

• 💰 The $418 million settlement announced in March by The National Association of Realtors will lead to a complete overhaul in the way real estate agents get paid, impacting the pricing and concessions in the market.

• 💰 The traditional payment structure in the real estate industry is changing, which may ultimately hurt buyers as agents may be less motivated to show homes with lower commissions.

• 🏠 The housing market is experiencing a significant drop in prices, particularly in the high-end property segment.

• 💰 The new policy of not disclosing buyer's commission will ultimately disadvantage the buyer in the real estate market.

• 📈 Newer agents may leave the industry, leading to a significant decrease in the number of agents available to service the market.

• 💰 The potential drop in nationwide commissions could lead to a decrease in home prices as sellers adjust to the changing market.

• 💰 The new rules requiring Buyer Agents to discuss their compensation up front will cause a lot of issues, especially as Banks get tighter on their lending standards.

Home Depot Competitor Just Closed ALL Of It's Stores

(8/13/2024)

• 🛠️ Home Depot's competitors are facing serious issues, with one even closing all of its stores.

• 🏠 The demand for home renovations and repair surged during the pandemic, leading to a temporary increase in business for Home Improvement retailers.

• 🎨 Home Depot is not just competing with paint companies like Kelly Moore, but also attracting consumers and contractors with its wide range of products and services.

• 💸 Kelly Moore's closure was blamed on the heavy financial burden of paying off as best claim settlement and the risk of future asbest claims.

• 📉 The Ninja suggests that the government is lying about inflation, leading people to hold off on home renovations and purchases.

• 🏠 Waiting to do certain renovations around your house can be a smart move until prices come down.

• 📉 The closure of competitors like lnl floring and kellym paints will cause more unemployment and less competition for companies like Home Depot.

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