2. The first is "buy when it's right for you" agents, that know you don't need to be convinced.
People will always want to own their own home, and need a secure anchor in a neighborhood, or a commercial property to conduct business.
3. These agents will explain that you should buy what you can afford, don't stretch yourself, and timing the market is *really* hard.
Would you gamble a slightly bigger home for a few bucks a month, or do you want to own a place now because you have kids or whatever?
4. These are non-monetary issues. What's the value of knocking something off your list today so you can have a kid or make memories in your home?
Those things have no value to me, but they might to you. Consider those factors.
5. The second kind is the "give it to me straight" type of agents. They tell you info regardless of whether it's good or bad. Typically investor-oriented commercial agents.
They're developing a reputation for high volume clients, & are looking for repeat biz, not a sale.
6. Probably not in your market but good accounts to follow as examples of "give it me straight agents" with solid market insights that might be beyond what a regular buyer needs:
- @JShamess
- @areacode416
- @daniel_foch
- @JohnWake
also shoutout to @davidlamarand in Detroit, who's been dealing with me buying a gift for like a year and is still super nice despite the fact I'm super annoying.
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I really hope someone that’s been a Realtor in Newfoundland for less than a year spends his whole day incorrectly explaining real estate, bonds, and inflation to me.
Oh score! All of my wishes come true on this app.
It’s the client’s fault for listening to Realtors. Our job is to forecast, and we have insurance when we’re wrong. 🤪
Does Newfoundland have no standards? Good example of why the real estate industry shouldn’t be able to self regulate.
If I’m a journalist talking about money laundering in Toronto and Vancouver, I have a lot of questions about a Realtor in Newfoundland that spends his days attacking me.
Wang Fengyou built a $1.2 billion business, and few people probably recognize his name.
Here’s how the person known as a “model entrepreneur” was able to do it in just 8 years.
<thread> 🧵👇
2. In 1999, Fengyou launched Yilishen Tianxi & made “herbal” medicine from ants.
As you’d assume with such quick growth, they needed ants and investors really fast. To do that, he didn’t go to investment firms, but to working class people that received a windfall from land sales
3. They would invest in an “ant farm,” & a company rep would collect the ants every 90 days when they reached peak size, banking a ~30% return.
The ants then used a high tech process to turn them into pills or wine. The biggest product was an as “herbal Viagra”