Episode description
Episode description
The ongoing supply chain crisis is wreaking havoc on financing and real estate transactions – and the ramifications are as numerous as the present glut of agents. On this episode of Open House, Reba and Eric unravel the ‘knots’ builders and buyers are tied up in as a result and consider the consequences of legions of desperate realtors attempting to eke out an income in the face of increasingly scarce inventory.
You’ll come away from the broadcast better understanding:
· The new construction changes builders are resorting to, and how they affect consumers.
· The complications lenders face with the uncertainty of construction timelines.
· The impact of the supply chain crisis on 1031 exchanges and rate locks.
· The negative effect of the present glut of agents on the homebuying/selling public.
· The exclusive legal obligations of realtors vis-à-vis home-showings and client interactions.
· The differences in Zillow and Redfin agent models, and some of the reforms needed in the real estate industry.
Plus, Reba and Eric share stories underscoring the importance of seeking expert real estate and lending advice. You’ll also be introduced to an extremely informative website which shows you where money is traveling across the country: www.howmoneywalks.com
It’s an insightful look at the challenges of the current market – but not without the silver lining to light the way on your real estate and financing journey – all on this episode of Open House with Team Reba!