Episodes
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Hey Everybody - we are taking a short break this week and next. We are planning on what the second half of the year looks like for Nest Realty and Sweat The Details. We'll see you all very soon!
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This week, Jim and Keith talk about where they seek and find inspiration for knowledge and creativity when advising clients and agents, and for writing and learning.
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Missing episodes?
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We welcomed Danushka Nanayakkara, an economist with the National Association of Homebuilders.
We talked about home sales, builder confidence, what builders pay in interest when they are building, acquisition & development, building for rent, square footage of new homes, what homebuyers want, the mortgage rate lock-in effect, population and immigration.
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We talked about several topics this week, from experiences and admiration of Jason Fried of 37 Signals and Brian Chesky of AirBnB (recent podcast with him on Adam Grant's show), the value of great representation in the face of AI, print collateral’s true value, and what some of the coming changes may mean to consumers and agents.
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Hey everyone - we had an issue when we published this episode. We have reloaded it with fixed audio at the end. Thanks and enjoy the listen!
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We hope you enjoy the conversation we had with Brian Boero from 1000 Watt. We touch on the proposed settlement, humanity, showing value, and the tremendous opportunities as we enter this new real estate era.
1000watt.net
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Hey everyone. this is Jim Duncan with sweat the details by nest realty. This week, we were joined by a longtime friend, Greg Fischer of West + Main homes, based in Colorado and Oregon. Greg was one of our earliest guests - all the way back in December 2019. Greg is always a great conversation, and Jonathan, Keith and I are thankful for Greg joining us again. Make sure to stick around for Greg’s detail that he sweats — it’s a great and meaningful one for real estate industry.
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Hey everyone. this is Jim Duncan with sweat the details by nest realty. We talked with Lance Lambert from ResiClub. We’ve read Lance’s stuff for years, and were excited to talk to him about ResiClub. A quick skim of the ResiClub page right now is a great snapshot of what ResiClub ResiClub - Zillow’s home price forecast, commute time and pre-pandemic levels, home price changes across this US in 6 interactive maps -- every story is a good one.
Noted stories:
Switching Costs
Smaller new construction homes?
Chart showing home price changes in 6 interactive charts
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This week, Jonathan, Keith and Jim discuss the real estate ad dollars being spent at the Super Bowl. Jonathan recaps his trip in Inman. New search engines for home buying are competing for market share in the real estate industry. However, the tech needs to innovate to improve the benefits of users and increase use from agents.
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This week on Sweat the Details, Jim was joined by Greg Slater of Nest Realty and Russ Edwards, President of Tiger Solar, and we talked about residential solar, what's on the horizon for solar, some questions and misconceptions consumers and agents may have about solar, and how a fuel company came to invest in a renewable energy company
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We started Nest with core principles that hold true today. Jonathan, Keith and I talked about how great it is we all are to be back together in Nest’s new office building in Charlottesville, and we discussed the merits, and challenges of single agent dual agency, how the lawsuits have changed agency - buyer and seller - in 2024, what might happen if dual agency went away at the national level, some foundational Nest history, and history of real estate agency.
- Back to the office, and how we are better for it.
- Buyer brokerage conversations; how 2024 has changed things
- Debating single agent dual agency, and the history of agency
- Virginia’s dual agency disclosure and the list of things the client is acknowledging
- As of April 2023, 8 states outlawed single agent dual agency. -
Jonathan, Keith and I briefly reviewed 2023 and looked to 2024, which is going to be a time of change for consumers, agents, brokers, and the industry as a whole.
Thank you to everyone for listening, emailing, and sharing our conversations. Here’s to 2024.
Will we have a “normal” spring market in 2024?
A few thoughts about the agent population
Buyer representation, buyer presentations, and buyers seeking definition of value
Single agent dual agency in 2024?
The market is not *changing*. The market has *changed.*
2024 is going to be a year of remarkable and evolutionary opportunity - we're excited.
A note of thanks to our sound engineer, David Stipe, and Little Rhodie Productions. You’ve made us sound good. Thank you.
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We were zooming from Nest’s new office space this week!
Human relationships matter.
Jessica Swesey, the Chief Copywriter & Strategist with 1000 Watt joined us, and we talked about marketing, humanity, AI, and authenticity.
Getting everyone in the organization on the same page
Choosing marketing mediums; everywhere and everything may be too much
The value of conveying candor and authenticity with one’s messaging and understanding the difference between perception and reality
Jessica’s fantastic post, TikTok—please stop
1000 Watt’s 2008 video I am not a lead that still resonates today — and SNL’s Zillow sketch
AI vs reality - humans are becoming more adept at determining what is real and what is not
Humanity and vulnerability
Nothing is easy; what good professionals do is make the real estate journey better.
Find Jessica and 1000 Watt:
Jessica on Threads and LinkedIn
1000 Watt on LinkedIn and their homepage
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The guys are off this week and we are revisiting a fun episode from 2021 with the Savanah Banana's.
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Hey everybody This week on Nest Realty’s Sweat the Details, we were joined by Dean Cottrill — cah-Trill - he is an executive vice president of T3 Sixty, a California-based management consultancy in the residential real estate brokerage industry. We talked commonalities of successful brokerages, what to look for in real estate brokerage leaders, technology’s evolution and impact on the belly to belly nature of real estate, and what detail brokers should be sweating as we enter a brave new world of real estate.
Find Dean Cotrill:Executive Vice President — T3 Sixty
Website: www.t360.com
LinkedIn: https://www.linkedin.com/in/dean-cottrill-2590a5a/
Facebook: https://www.facebook.com/dean.cottrill.3
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One of our favorite guests joined us -- This week, Mike Simonsen from Altos Research/Housing Wire joined Jonathan, Keith, and Jim. We talked about markets that are the leading edges for the US housing market, inventory shifts, what data points Realtors and consumers should be focusing on, where in the US might be more poised for growth and balance, pricing, real estate values, and a whole lot more.
Where you can find Mike Simonsen:
Altos Research
Twitter
YouTube
Housing Wire
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This week on Sweat the Details, Jim, Jonathan, and Keith talk about rate locks and predictions, buyer fear mitigation, transferable mortgages, leveraging equity, borrowers’ flexibility, listing agents’ marketing responsibilities and quite a bit more.
Thank you for listening, and please rate and review us!
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Buyers are moving further than they were pre-covid
Affordably housing resources ad HUD.gov
Affecting buyers: childcare, eldercare, student loans
Cash offers are move common now
Repurposing buildings to housing - “It's about 15% to 25% cheaper and brings repurposed properties on-line faster than new construction.”
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This week we were joined by Cynthia Adams of Pearl Certification; we talked about the Inflation Reduction Act, high performing homes (what they are, and why people want and enjoy them), how homeowners can plan to take advantage of the IRA.
Inflation Reduction Act 101: What’s in it and how does it affect me?
DOE Releases New Rebate Guidance for the Inflation Reduction Act
Home energy rebates and the IRA
Inflation Reduction Act of 2022 - What it Means for You
Frequently asked questions about energy efficient home improvements and residential clean energy property credits
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A near-end of summer recap with Jonathan, Keith, and Jim, a look ahead to 2024 for consumers and agents, and discussion about marketing and brand expectations set by brokers around the country.
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