The NAR Bloodbath and Its Effect on the US Housing Market

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  • Опубликовано: 28 сен 2024

Комментарии • 29

  • @JasonHartmanEmpoweredInvestor
    @JasonHartmanEmpoweredInvestor  6 месяцев назад +1

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  • @moviehipster
    @moviehipster 6 месяцев назад +2

    I recommend coconut cream pie with a few walnuts, tiny bit of chocolate syrup & a mountain of whipped cream!
    Great show.
    How ignorant we all are about the 30 year fixed rate, what a gift!

  • @peterbedford2610
    @peterbedford2610 6 месяцев назад

    Always glad to hear your take on things

  • @EasyAccessClothing
    @EasyAccessClothing 6 месяцев назад +2

    The reality... the buyer needs to pay the person working for him/her. Period. In what world does one person pay for someone representing a third party? THIS is the issue

    • @todaynottomorrow367
      @todaynottomorrow367 6 месяцев назад +1

      the buyer agent brings you... the buyer.... the seller agent just represents you and has little control over market rate....
      Still not clicking?

  • @jimdandy8996
    @jimdandy8996 6 месяцев назад +5

    Agents now just send you an automated daily email with the same listings Zillow emails you. Its a joke.

  • @realestatejunkie0414
    @realestatejunkie0414 6 месяцев назад +1

    Brokerages should be allowed to advertise commission rates freely without being accused of anti-trust violations. Then, just watch how fast they would undercut all the competition and it would be a race to the bottom and commission rates would plummet to 1-3% total.

  • @SC-sh6ux
    @SC-sh6ux 6 месяцев назад

    As a buyer, I would be happy to pay an agent to negotiate a lower price. Maybe I could pay them a percentage of the difference between the higher list price and a lower final sales price? A buyer agent that is paid by the seller works for the seller.

  • @rongustaveson4493
    @rongustaveson4493 6 месяцев назад +1

    The decoupling of the BAC from the seller will destroy Real Estate Agents. NAR should be sued by all agents for poor representation. Attorneys are going to love this new market. There will be law suits a plenty. Buyers will not be able to pay a commission. Appraisers will not appraise above contract purchase price. The DOJ will not allow commissions to be posted on the MLS. All the MLS will be replaced by Zilllow etc.! The industry is DONE!!!

  • @BANDIT2DAY
    @BANDIT2DAY 6 месяцев назад +1

    The United States has what most countries don’t. 30 year fixed debt on residential homes. 70% of mortgage holders have an interest rate below 4%. Impossible for a housing crash to happen.

    • @ReeLSpirit
      @ReeLSpirit 6 месяцев назад +1

      Crash up

    • @BANDIT2DAY
      @BANDIT2DAY 6 месяцев назад

      @@ReeLSpirit yes and that’s just a scary as a crash down.

  • @moviehipster
    @moviehipster 6 месяцев назад +2

    No disrespect, your ideas are solid, but i think your realtor theory is looking backwards in time too far. Find an A i expert, do a show on the opposite direction, (ai) as our new habitat coordinator.
    It could be long term relationship. Why own a home, when you can own a percentage of a home, in a home managed corporation that lets you move at will, just like hotel's? Cookie cutter homes are no longer personal, you own nothing, you live out of a suitcase. Jason, when you're on the road, thats exactly how you live already...

    • @JasonHartmanEmpoweredInvestor
      @JasonHartmanEmpoweredInvestor  6 месяцев назад +2

      Sounds interesting, but I’m not exactly sure of your point here, can you elaborate?

    • @user-zk6fc3dw9e
      @user-zk6fc3dw9e 6 месяцев назад +1

      To me, this sounds like renting but you have a mortgage. So what's the benefit?

    • @moviehipster
      @moviehipster 6 месяцев назад +2

      @JasonHartmanEmpoweredInvestor
      With the digital era past and the ai century unfolding, replacing Home ownership & realtors is inevitable. An AI Realtor & AI Attorney AI controlled home ownership is one of the possibilities. Why own one home permanently in the first place when you can buy ownership in millions of homes, and move at will with in your buy in price. Sure, it basically feels like renting, with exception that you can pay off your rent in full, like a home and your equity grows like a home, and you can sell out your ownership, like a home. But AI keeps everything running smooth. Taxes are paid, homes are inspected & repaired, there are no buying and selling fees.
      The world will automate everything, its happening.

    • @jasonsmith-9840
      @jasonsmith-9840 6 месяцев назад

      Similar to a time share?

    • @redtiger7268
      @redtiger7268 6 месяцев назад +1

      @@moviehipster Basically you have just stated what a timeshare is. There are major flaws in your logic. First people will not be able to "move at will" This would require that the place they want to move to is vacant. Unless you made it to where someone is only allowed to live there for a certain amount of time if would not play out.

  • @kevinhobbs3543
    @kevinhobbs3543 6 месяцев назад

    this channel gets too political

  • @CO8848_2
    @CO8848_2 6 месяцев назад

    Often buyer broker adds little value. I often go without, in the old days, that makes the seller broker end up pushing me as a buyer as he pockets all the commissions

  • @dalec2407
    @dalec2407 6 месяцев назад +2

    Content always great!

  • @ji-inroh495
    @ji-inroh495 6 месяцев назад +1

    Great chart. Pretty wild. 😯

  • @JonH415
    @JonH415 6 месяцев назад

    It's an amazing gift that we have here in the USA to have so many long-term fixed rate mortgages. But, I'm curious as to why other countries don't adopt these same practices? Is it riskier for companies to lend with 30 yr amortization terms? Is there reason we have this tremendous gift here in the US because the gov't protects creditors if borrowers don't pay? I'd like to know why :)

  • @MaryGraceGarret
    @MaryGraceGarret 5 месяцев назад

    Great content!!

  • @anarmyofvideoseoandroids4774
    @anarmyofvideoseoandroids4774 6 месяцев назад +2

    and STILL, Crash bros say... NAH :)

    • @Jack-pd4ps
      @Jack-pd4ps 6 месяцев назад +5

      Crash Bros caused so many people to miss out on the opportunity to buy. I really don’t feel sorry for them because most of them are waiting for people to fall down on their luck so they can take advantage of them. They’re still waiting and hoping for people to loose their jobs. I know a someone who was excited about the idea of foreclosures in 2020 and now they are still renting and can’t afford a place

    • @virtuousxvillain2703
      @virtuousxvillain2703 6 месяцев назад +1

      Houses are the most unaffordable of all time. Don’t buy if you can’t afford, which most Americans can’t. Housing has been flat over the last two years since nobody is buying.