Economic Factors that Impact the Real Estate Market: AJ Pettersen
Today, we are joined by AJ Pettersen, team leader of the Advisory Realty Group with eXp!
As an economics major from the University of Minnesota, AJ has been able to use his love of markets and math to best represent clients and mentor agents on the team.
Today, AJ describes various economic factors that affect the real estate industry and how to properly navigate your clients through the ever-changing market!
Click the podcast link above to give it a listen and check out the episode outline below!
00:14 - Can you tell us about some of the main economic factors that affect the real estate market?
02:24 - How do you guide and coach your clients through the current economic conditions?
08:01 - What are overall ideas or suggestions that you can provide your clients to benefit them in the current market?
9:01 - Do you suggest that newer agents have a handful of great lenders to select from?
10:06 - How do you recommend finding good loan officer connections?
13:24 - How much time do you spend researching the market and what resources do you use?
15:36 - For newer agents who have a tough time keeping up with the economic conditions or have a tough time explaining the economic factors to their clients, what advice would you give them?
19:17 - How important is it to select the right brokerage?