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Real Facts on Real Estate

Business & Economics Podcasts

Welcome to Real Facts on Real Estate Podcast! Boost Your Real Estate Success Today! Looking to supercharge your real estate career and maximize your earnings? Look no further! Join us on the ”Real Facts on Real Estate” Podcast, your ultimate guide to dominating the real estate market and skyrocketing your profits. 🏡 Whether you’re a seasoned real estate agent or just starting out, our podcast is your secret weapon to success. Hosted by the industry titan Shawn Patrick Moloney, broker owner with years of experience under his belt, this podcast delivers invaluable insights that can’t be found anywhere else. 🔑 Key Podcast Features: 📈 Master the Art of Listing: Dive deep into proven strategies that will turn your listing game around. Learn how to showcase properties, captivate clients, and close deals that leave your competitors in the dust. 🏠 Navigate the Market with Confidence: Navigating the real estate market can be daunting, but not with our expert guidance. Tune in to discover how to guide your buyers seamlessly through the market’s twists and turns, ensuring they find their dream homes at the best prices. 💰 Craft Winning Offers: Crafting irresistible offers is an art, and we’ve got the palette you need. Uncover the secrets of writing offers that sellers can’t resist and buyers applaud, giving you the edge in every negotiation. 📊 Unveil Lead Generation Mastery: In the modern world, leads are the lifeblood of your business. Shawn Patrick Moloney spills the beans on lead generation tactics that work like magic. Say goodbye to empty pipelines and hello to a constant flow of promising prospects. 🏆 Insider Insights Galore: The real estate realm is complex, but we break it down. From market trends to legal tidbits, our podcast delivers a smorgasbord of insights that elevate your expertise and decision-making prowess. 🎙️ Meet Your Host, Shawn Patrick Moloney: As the broker owner of Movementum Realty and narrator of the show, Shawn Patrick Moloney brings his wealth of experience to your fingertips. With a proven track record of success, he’s your personal mentor, guiding you towards real estate triumph. 🔥 Don’t miss out on the opportunity to revolutionize your real estate journey. Subscribe to ”Real Facts on Real Estate” now and tap into insider strategies that propel your career to new heights. Dominate listings, conquer negotiations, and amplify your earnings - all in one podcast! 🎧 Tune in today and embark on a journey towards unparalleled real estate excellence. Your success story starts now! 🚀🏡💰

Location:

United States

Description:

Welcome to Real Facts on Real Estate Podcast! Boost Your Real Estate Success Today! Looking to supercharge your real estate career and maximize your earnings? Look no further! Join us on the ”Real Facts on Real Estate” Podcast, your ultimate guide to dominating the real estate market and skyrocketing your profits. 🏡 Whether you’re a seasoned real estate agent or just starting out, our podcast is your secret weapon to success. Hosted by the industry titan Shawn Patrick Moloney, broker owner with years of experience under his belt, this podcast delivers invaluable insights that can’t be found anywhere else. 🔑 Key Podcast Features: 📈 Master the Art of Listing: Dive deep into proven strategies that will turn your listing game around. Learn how to showcase properties, captivate clients, and close deals that leave your competitors in the dust. 🏠 Navigate the Market with Confidence: Navigating the real estate market can be daunting, but not with our expert guidance. Tune in to discover how to guide your buyers seamlessly through the market’s twists and turns, ensuring they find their dream homes at the best prices. 💰 Craft Winning Offers: Crafting irresistible offers is an art, and we’ve got the palette you need. Uncover the secrets of writing offers that sellers can’t resist and buyers applaud, giving you the edge in every negotiation. 📊 Unveil Lead Generation Mastery: In the modern world, leads are the lifeblood of your business. Shawn Patrick Moloney spills the beans on lead generation tactics that work like magic. Say goodbye to empty pipelines and hello to a constant flow of promising prospects. 🏆 Insider Insights Galore: The real estate realm is complex, but we break it down. From market trends to legal tidbits, our podcast delivers a smorgasbord of insights that elevate your expertise and decision-making prowess. 🎙️ Meet Your Host, Shawn Patrick Moloney: As the broker owner of Movementum Realty and narrator of the show, Shawn Patrick Moloney brings his wealth of experience to your fingertips. With a proven track record of success, he’s your personal mentor, guiding you towards real estate triumph. 🔥 Don’t miss out on the opportunity to revolutionize your real estate journey. Subscribe to ”Real Facts on Real Estate” now and tap into insider strategies that propel your career to new heights. Dominate listings, conquer negotiations, and amplify your earnings - all in one podcast! 🎧 Tune in today and embark on a journey towards unparalleled real estate excellence. Your success story starts now! 🚀🏡💰

Language:

English


Episodes

Who Really Pays The Commission? - EP 270 - Real Facts on Real Estate

4/9/2024
In real estate it is often confused as to who really pays the commission. The truth is it can come from a lot of different people and can be argued a lot of different ways. If we look at the 1099s on most sales it seems the listing brokerage pays the buyers brokerage based on the listing brokerage's contract with the seller. Now that said there are times this does not happen. Some transactions the buyer pays their agent direct per the contract that they are in with their agent. This allows their agent to show them any home and know they will be paid regardless of what the listing brokerage or seller is offering. That is right I said seller is offering because some for sale by owner listings offer compensation to agents that bring buyers. The truth is no other industry has so many variables in how and if they get paid. We as real estate agents are used to our pay being challenged and clients asking for discount. To tell you the truth that is why they hire us. We are master negotiators and will always be. By no means does this episode give legal advice but it does impart a lot of little known facts about real estate commissions. Listen today and jump in the Facebook group to talk about it.

Duration:00:07:58

How to Become a Real Estate Agent in Massachusetts - EP 269 - Real Facts on Real Estate

4/2/2024
I often get the question from listeners "How can I become a real estate agent?". In today's episode I go over the step by step process of getting a real estate agent. I talk about the different steps making sure to remind you of each pitfall to avoid and how to benefit off of knowing this information ahead. I even take time to talk about the costs associated with becoming an agent. In a world where everyone is getting buried in college debt, be the leader and get a great job. As a real estate agent you will be able to earn a great income and help others at the same time. Becoming a real estate agent is a really rewarding job that can change your future. Make sure to pay attention when I talk all about PSI and your testing credit. This essential step is the difference between having the ability to test in a timely manner or stressing. Do not finish the class and wait to unlock your credit or you will regret it. Tune in today and dedicate some time to taking yourself to that next level you know you are capable of being at.

Duration:00:08:20

Exclusive Buyer Agency Agreements - EP 268 - Real Facts on Real Estate

3/26/2024
In this week's episode we go over the exclusive buyer agency agreement and why it is so important moving forward. Though 18 states have already required by law not every state has. With the new NAR settlement it is proposed that all MLS subscribers enter an agreement with every client even before showing them a house. We walk about what changes this will do to your business and the good and bad of it. It may seem like a scary time to be an agent for most. This is because they do not have the knowledge of how to survive this new market. This episode goes over everything you can do as an agent to succeed moving forward. Some of the pros to working in a buyer agency agreement is the clarity between you and your client that it brings. We get to talk about all the important milestones and costs ahead of the day we run into them. This helps us and the client have a better relationship. Listen today and learn how to make your business secure in 2024.

Duration:00:08:35

Working As A Buyer's Agent - EP 267 - Real Facts on Real Estate

3/19/2024
If you are anything like me you have been watching this lawsuit closely and wondering what it means to buyer's agents as a whole. In this episode we talk about what this lawsuit could mean and how we as agents can survive these changes. Working as a buyer's agent is not going away but it is changing quickly. As we work our way into uncharted territory it is important to be the agent the provides value. For a long time now agents have been allowed to run wild and have taken advantage of this system. The good news is for the agents doing it right it is just business as usual. They have already been using buyer agent agreements and talking about their fees up front. The reason they feel confident doing this is they stand behind the value they provide to their clients. My suggestion is to take the next few weeks seriously and to work to provide more value than you ever have in the past for clients. Listen to this episode today and be ready for whatever this settlement means for the industry.

Duration:00:07:35

Understanding Home Sale Contingencies - EP 266 - Real Facts on Real Estate

3/12/2024
Welcome to Episode 266 of our podcast, where we're breaking down the complex subject of home sale contingencies. If you've ever wondered about the ins and outs of this common clause, you're in the right place. In this episode, we break down the essence of a home sale contingency, shedding light on why it's such a prevalent feature in real estate transactions. From its role in leveraging proceeds from one home to purchase another, to its impact on negotiations and timelines, we leave no stone unturned. We uncover the nuances that separate negotiable terms from deal-breakers. Plus, we share savvy strategies for navigating offers with home sale contingencies, ensuring you're equipped to guide your clients with confidence. So, whether you're a seasoned agent or just dipping your toes into the world of real estate, join us as we unravel the mysteries of home sale contingencies and empower you to make informed decisions in today's wild real estate market. Tune in now and take your real estate expertise to the next level!

Duration:00:07:03

Unlock New Listings With a Suitable Housing Clause - EP 265 - Real Facts on Real Estate

3/5/2024
Attention real estate agents: Are you looking to equip yourself with valuable knowledge to better educate and support your clients through the complexities of the housing market? Look no further! In this episode, we dive deep into the world of suitable housing clauses – a crucial aspect of real estate transactions that can make all the difference for your clients. Join us as we explore how suitable housing clauses serve as a lifeline for sellers, offering them peace of mind in uncertain times. Learn how to effectively communicate the benefits of these clauses to your clients, empowering them to make informed decisions with confidence. Discover strategies for navigating negotiations and transactions with suitable housing clauses in mind, ensuring the best possible outcome for your clients. Whether you're a seasoned agent or just starting out, this episode will provide you with the tools and insights you need to become a trusted advisor in your clients' real estate journey. Tune in now and elevate your expertise in suitable housing clauses – because knowledge is the key to success in today's competitive real estate market.

Duration:00:08:16

How To Be a Successful Real Estate Agent - EP 264 - Real Facts on Real Estate

2/27/2024
Welcome to Episode 264 of Real Facts on Real Estate. In this week's episode, titled "How To Be a Successful Real Estate Agent," we explore the fundamental principles that separate thriving agents from the rest of the pack. Success in this field demands unwavering dedication and a commitment to self-improvement. Discover the key habits and routines employed by top-producing agents that keep them consistently on the path to success. Central to their approach is the trait of being a self-starter, driving their own momentum and proactively seeking opportunities. However, success in real estate isn't just about individual effort; it's also about fostering genuine connections with clients and colleagues alike. Overcoming personal hurdles and embracing discomfort are essential steps toward achieving lasting success in the competitive world of real estate. Join us as we uncover actionable insights and practical tips for navigating the challenges of the real estate industry and forging a path to prosperity. Tune in to this week's episode to learn how to cultivate the mindset and habits necessary to thrive as a real estate agent. Remember, success is within reach for those willing to put in the effort and cultivate meaningful relationships in their professional sphere.

Duration:00:08:10

Brokering New Construction: Strategies for Agents - EP263 - Real Facts on Real Estate

2/20/2024
In Episode 263 Brokering New Construction: Strategies for Agents, we jump into the crucial aspects of handling new construction projects as a real estate agent. Understanding the timeline for new constructions is fundamental, as delays are a common occurrence. Setting realistic expectations and maintaining open communication lines among the buyer, builder, and agent is emphasized to navigate these challenges smoothly. We also explore the financial intricacies involved in new construction deals, highlighting the necessity for agents to be transparent about the total cost, including potential upgrades and unforeseen expenses. Offering guidance on how agents can assist clients in staying within their budget by preemptively discussing additional costs is a key focus of this segment. The episode contrasts the intricacies of ground-up construction with the process of buying builder-completed homes. While ground-up construction allows for extensive customization, it demands a comprehensive understanding of initial costs, such as land purchase and construction permits. On the other hand, opting for a builder-completed home offers a more streamlined process, with a focus on the final sale price and what's included, simplifying the buying experience for clients. This episode equips agents with the knowledge to adeptly guide their clients through the complexities of new construction purchases, ensuring a successful and satisfying outcome.

Duration:00:07:36

The Fear Factor: How to Overcome It and Excel as a Realtor® - EP262 - Real Facts on Real Estate

2/13/2024
In this week's episode, we dive deep into a universal fear among Realtors®: the fear of rejection. It's a common concern shared by many, touching on the basic human instinct to seek acceptance. Our focus is to equip you with the knowledge and strategies to conquer this fear, enhancing not just your professional life, but also your personal relationships. We'll take you through a journey from leveraging Zillow leads to maximizing your sphere of influence, demonstrating how proactive actions can lead to successful transactions. In today's digital age, where genuine communication is becoming increasingly rare, we emphasize the importance of becoming an effective communicator. Remember, the most that can happen if someone isn't interested is simply that—they're not interested. There's no real risk of harm or damage by adopting this approach, only the potential for significant gains. Tune into our episode now and begin the journey towards closing more deals with confidence.

Duration:00:07:31

Winning A Bidding War - EP261 - Real Facts on Real Estate

2/6/2024
"Winning a Bidding War" is a pivotal episode in our real estate podcast series, designed to arm agents and potential buyers with the strategies and insights needed to craft compelling offers in a fiercely competitive market. This episode underscores the critical importance of understanding each component of the offer paperwork, illuminating the fact that while the purchase price often captures the most attention, it's far from the only factor that sellers consider. We go beyond the surface to explore the nuanced ways sellers assess offers, examining the various elements that can make or break a deal. "Winning a Bidding War" sheds light on the significance of deposit amounts, the implications of financing and inspection contingencies, and the importance of setting realistic timelines. Our expert shares invaluable advice on balancing these factors to present an offer that is both attractive to sellers and aligned with the buyer's best interests. However, this episode also offers a word of caution: winning a bidding war at all costs is not always a true victory. We discuss the potential pitfalls of overpaying for a property, highlighting the emotional and financial repercussions that can arise from a deal where the buyer significantly exceeds the home's value. Through thoughtful analysis and empathetic understanding, we aim to help listeners recognize when the price of winning might be too high, encouraging a more strategic approach to bidding wars. By the end of "Winning a Bidding War," listeners will not only have a deeper appreciation for the complexities of making an offer but also be equipped with the knowledge to navigate these turbulent waters with confidence. Whether you're a seasoned real estate professional or a first-time homebuyer, this episode is an invaluable guide to crafting offers that win, without losing sight of what truly constitutes a successful real estate transaction.

Duration:00:08:09

Three Key Reasons for Failure in Real Estate - EP260 - Real Facts on Real Estate

1/30/2024
Welcome to this week's episode of our podcast, "EP 260: Three Key Reasons for Failure in Real Estate." In this insightful episode, we look deep into the often-overlooked pitfalls that can hinder success in the ever changing world of real estate. Understanding the critical importance of the mantra "Interactions lead to transactions," we explore why agents who fail to continually build new connections and maintain a visible presence often find themselves struggling to close deals. We emphasize the necessity of consistent engagement with people - a strategy that should transcend beyond the moments of buying or selling. This episode highlights the significance of continuous communication to remain top-of-mind in this competitive industry. Furthermore, we tackle the delicate balance between expertise and self-promotion. While being knowledgeable in real estate is imperative, we discuss how an overemphasis on expertise, to the detriment of marketing oneself, can ironically lead to a well-informed yet unsuccessful career. Whether you're a seasoned real estate professional or just starting out, this episode is packed with valuable insights and practical advice to help you navigate the complexities of the industry and avoid common pitfalls. Tune in to discover the key factors that could make or break your success in real estate!

Duration:00:08:20

Three Lead Sources That Never Fail - EP259 - Real Facts on Real Estate

1/23/2024
In this episode, we delve into three long-term, proven lead sources that consistently deliver results. Although agents have varied opinions on effective lead sources, these three have consistently stood the test of time. We begin by discussing the most crucial lead source an agent can possess: their sphere of influence. Leads generated from your sphere are not only the easiest to work with but are also typically the most profitable. Following this, we explore generating leads through networking with local small businesses. Our clients' needs range from plumbing to painting, presenting diverse opportunities. Learning to convert these needs into referrals can significantly increase inbound leads. People prefer to work with individuals they know, like, and trust, emphasizing the importance of building such relationships. We conclude the episode with a discussion on the controversial yet significant topic of portal leads. Regardless of personal opinions, portal leads are a persistent aspect of our industry. Tune in to discover strategies for effectively filling your sales funnel.

Duration:00:07:42

Community Connectors in Real Estate - EP258 - Real Facts on Real Estate

1/16/2024
In this episode we discuss that our role as real estate agents is to continually seek ways to improve our clients' experiences. Listening and responding to their needs not only satisfies clients but also positions us ahead of our competition. Excelling as a real estate agent goes beyond just showcasing properties and managing transactions. It's about guiding clients into their new community with confidence and ease From pointing out the best local pizza joint to sharing a reliable carpenter's contact, these insights add significant value. Develop a comprehensive network of professionals to make your clients' journey into home ownership more fulfilling.

Duration:00:08:03

Licensing Requirements for Brokering Businesses - EP257 - Real Facts on Real Estate

1/9/2024
In this episode we discuss that in Massachusetts there is no formal business broker license. When selling a business without real estate included there is no licensure requirement. When selling a business that includes real estate there is the need for a real estate salesperson's license. Without that license you would be in violation of Massachusetts law. While there is no licensing requirement the process of business brokering is complex. A good business broker has a large referral network of professionals to help the entrepreneur successfully sell and purchase businesses.

Duration:00:06:38

Setting SMART Goals for Realtors in 2024 - EP256 - Real Facts on Real Estate

1/2/2024
In this episode we discuss that when setting goals it is important to be realistic while still pushing the envelope. Setting goals you do not believe in is akin to admitting defeat from the start, so it is crucial to choose achievable goals. Goals with measurable criteria make it easier to determine whether you've achieved them and, if not, by how much you've fallen short. Merely stating that you want to be the 'best' or that you aim to 'do a lot' fails to provide concrete success metrics. SMART goals are defined as Specific, Measurable, Achievable, Relevant, and Time-bound. Setting goals that do not align with this framework often leads to failure.

Duration:00:07:10

Is 2024 a Good Year to Be a Realtor®? -EP255- Real Facts on Real Estate

12/26/2023
In this episode we discuss that the past several years have been a wild ride with real estate going from the lowest interest rates in history to one of the fastest interest rate hikes in history. This has led to one of the least affordable times to own a home in over 11 years. The Fed has announced that it will be cutting interest rates across the year in 2024. This means that more buyers will qualify each time they lower the rate. 2023 was such a challenging year for Realtors® that many decided it was best to get another job. This trend may remain the same across the year for 2024 due to the lack of transactions with home owners not willing to sell and lose their super low interest rate.

Duration:00:07:18

Should I Get My Real Estate License in Multiple States? - EP254 - Real Facts on Real Estate

12/19/2023
In this episode we discuss that oftentimes agents get offered a deal by a client in another state and it gives them the itch to get licensed there as well. Remember to do all the math when thinking about whether to do a referral or get your license. Being licensed in more than one adjoining state can be a good way to expand your inventory and reach. Working close to state lines, being licensed in more than one state might even be a necessity. If you are looking for more business and are convinced by adding a new state you are licensed in, it will grow your business so be careful. Until you hit market saturation it may be best to focus on gaining market share where you currently work.

Duration:00:08:17

How Much Money Does A Realtor® Make in Massachusetts? - EP253 - Real Facts on Real Estate

12/12/2023
In this episode we discuss that as an average Realtor®s as a whole do not earn a lot of money in fact it is quite the opposite. According to the National Association of Realtors® the average Real Estate Sales Agent salary in the United States is $44,813 as of January 26, 2023. Being a successful real estate agent you can earn a significant amount more than the average with some agents earning over six figures. In Massachusetts prices are high and there is stiff competition so if you want to be a top producer you must work hard for those larger commissions. It is not impossible or even highly difficult to become a top producing agent. It is all about going in and doing the work since so many Realtors® are out there just waiting for deals to fall in their lap.

Duration:00:08:49

Closing Gift Success Tips with Sandra Weston - EP252 - Real Facts on Real Estate

12/5/2023
In this episode we talk with Sandra Weston, Realtor® at Movementum Realty and Zen Home Team and discuss to remember when buying a closing gift that it is not about you. Make sure to pay attention to what your clients tell you throughout the journey together to get the perfect gift. Some agents think it is OK to only get their buyer clients a gift. When it comes to gift giving it is an art form and should be expressed to all parties in the transaction. Gift cards and other generic gifts are certainly better than nothing. That said a well planned gift will have a lasting effect furthering your relationship. Thank you Sandra Weston for joining us today. You can find Sandra at https://yourzenhometeam.com/

Duration:00:10:04

Selling Through Separation: Real Estate Strategies for Divorce - EP251 - Real Facts on Real Estate

11/28/2023
In this episode we discuss when couples are breaking apart they look for an expert who can help them navigate buying, selling, and separating at the same time. Create comprehensive guides to help them successfully navigate the process. When working with clients who are getting divorced make sure to stay a neutral party. When sending emails, texts or making phone calls make sure both sides get the same story every time. Creating and maintaining relationships with local divorce attorneys is a great way to find new clients. Working together you and the attorney can offer the client a better experience through the whole process.

Duration:00:07:42