Mike discusses the current state of the real estate market, addressing the perceptions of a slow market. Drawing on his 10 years of experience and financial expertise, Mike elaborates on critical factors affecting low inventory, high prices, and the cyclical nature of the market. He examines the lack of new construction, the skew toward luxury homes, and regulatory obstacles. Mike also highlights the impact of rising interest rates and changing demographics, offering a five-point strategy to improve the housing market. The episode concludes with a lighthearted discussion on favorite Boston sports coaches, sharing anecdotes and insights into their legacies.

Topics

01:33 Current Market Perceptions and Realities

03:25 Factors Affecting Inventory and Prices

08:55 Interest Rates and Their Impact

10:02 The Vicious Cycle of the Housing Market

14:01 Potential Solutions and Strategies

16:42 Sports Talk: New England Patriots and Favorite Coaches

26:49 Conclusion and Contact Information

Realtor Mike Freeman discusses the common mistakes sellers make during real estate transactions. Mike emphasizes the importance of setting realistic expectations, pricing to sell, and being willing to address necessary repairs. He also touches on the intricacies of commission payments and the emotional aspect of selling a home. The episode concludes with a light-hearted 'More About Mike' segment, where they discuss their favorite Saturday Night Live cast members.

Topics

01:02 Catch-Up and Personal Stories

02:22 Common Mistakes Sellers Make

07:44 Handling Offers and Negotiations

15:42 Commission and Legal Considerations

18:05 More About Mike: SNL Favorites

25:08 Conclusion and Contact Information

Mike discusses common mistakes home buyers often make and how to avoid them. The episode emphasizes the importance of understanding real estate commissions, correctly handling home inspections, and the significance of the purchase and sale agreement. The conversation covers why it's crucial to rely on experienced realtors, avoid unnecessary purchases before closing, and manage the influence of parents during the home buying process. To conclude, Mike shares a personal anecdote about his least favorite job from his youth.

Topics

00:31 Winter Weather Chat

01:39 Common Mistakes Buyers Make

05:09 Importance of Home Inspections

14:54 Financial Tips Before Closing

18:15 Mike's Least Favorite Job

21:52 Contact Information and Closing Remarks

Mike discusses recent changes in real estate commission regulations following a major settlement in Missouri. He breaks down what these changes mean for buyers and sellers, particularly regarding written buyer agreements and commission disclosures. The episode also delves into the potential impact on the buyer's market and emphasizes the importance of transparent discussions about commissions.

Topics

01:11 Real Estate Developments and Lawsuits

03:47 Understanding Realtor Commissions

07:54 Advice for Buyers and Sellers

18:28 Holiday Season and Favorite Movies

21:23 Contact Information and Closing Remarks

Mike Freeman of Coldwell Banker, updates us on the National Association of Realtors (NAR) lawsuit settlement that took effect on August 17th. Mike explains how the settlement has introduced significant changes in terms of transparency regarding brokerage commissions for both buyers and sellers. He highlights the ethical practices of Coldwell Banker and contrasts them with less transparent practices within the industry. The podcast also delves into the implications of the settlement on market dynamics, the necessity of buyers' agent agreements, and the importance of clear contracts. The episode concludes with a light-hearted segment on comfort foods.

Topics

01:00 Impact of NAR Lawsuit on Real Estate

03:38 Changes in Brokerage Commissions

10:00 Buyer's Agent Agreements Explained

18:15 More About Mike: Comfort Food

19:53 Contact Information and Closing Remarks

Realtor Mike Freeman discusses the evolving trends in the real estate market, particularly in Norfolk County. Drawing from nearly a decade of experience and data up until October 30, he examines shifts in sales numbers, inventory levels, median prices, and absorption rates. The conversation highlights the complexity of the market and the importance of understanding these changes for buyers, sellers, and investors alike. Beyond the data, Mike also shares his perspective on new construction, advising against attempting to time the market.

Topics

00:32 Market Changes and Trends

01:53 Sales Data Analysis

04:13 Inventory and Absorption Rates

07:29 Future Market Predictions

10:10 Building Trends and Housing Shortages

16:14 Driving Pet Peeves

20:31 Contact Information and Closing Remarks

Blake Fouracre from Coastal Boston Property Inspections returns to the show to share his unique journey from engineering to becoming a top home inspector. Blake provides detailed insights into how he conducts home inspections, what differentiates his approach from others, and the importance of client education during the inspection process. The episode covers Blake's method of categorizing inspection findings, his policy of not doing any marketing due to high word-of-mouth referrals, and how he helps clients understand their homes better. The conversation also touches on the significance of not waiving home inspections, and the human element of home buying, emphasizing clear communication and reducing client anxiety. Listeners get to learn about Blake's unique process, especially his 'table talk' method and his solitary initial inspection approach, aimed at maintaining focus and accuracy.

Blake: www.coastalbostoninspects.com

617-COASTAL

Call Mike on his cell at 617.759.1513.

Email MIke at mike.freeman@nemoves.com

Website: mikefreemanhomes.com

Topics

01:31 Blake's Unique Approach to Home Inspections

04:12 The Importance of Client Education

06:31 Blake's Inspection Process and Client Interaction

12:05 The Value of a Thorough Home Inspection

18:56 Fun Segment: More About Mike and Blake

21:29 Contact Information and Closing Remarks

In this episode of Freeman on Real Estate, hosted by Realtor Mike Freeman at the Boston Podcast Network, guest Blake Fouracre from Coastal Boston Property Inspections shares his unique journey from engineering to becoming a top home inspector. Blake discusses his background in corrosion engineering, the intervention that led him to home inspections, and the rigorous process of becoming licensed in Massachusetts. The episode also features an engaging segment where Mike and Blake share their favorite movie quotes.

Blake: www.coastalbostoninspects.com

617-COASTAL

Call Mike on his cell at 617.759.1513.

Email MIke at mike.freeman@nemoves.com

Website: mikefreemanhomes.com

Topics

00:00 Introduction to Freeman on Real Estate

01:07 Meet Blake Fouracre: Coastal Boston Property Inspections

01:47 Blake's Journey to Becoming a Home Inspector

05:07 The Home Inspection Process and Challenges

15:10 More About Mike and Blake