Austin Whitt @AustinWhittRE Twitter profile

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Austin Whitt

@AustinWhittRE

4 months

My wife and I finally stepped into a bank this weekend to consolidate our bank accounts. The banker (who was super nice) asked what I did for work. Real estate, I said. He went on to tell me how hard mortgage is and talked about his company layoffs. Then he said, “I make sure

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Austin Whitt

@AustinWhittRE

6 months

@profstonge It’s crazy they all move out of the state because of these crazy policies but then they continue to vote the same way in their new states! 😳

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Austin Whitt

@AustinWhittRE

2 months

I lost a listing because I suggested a list price significantly lower than what another agent did. I ran comps and came up with roughly 1.55M. The seller told me during the interview that another agent could get him $1.8M on a quick close. I just looked today and the home

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Austin Whitt

@AustinWhittRE

4 months

@ibie43 I know! This dude was super nice and was probably just sharing what his corporate told him to say, but just crazy!

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Austin Whitt

@AustinWhittRE

4 months

@Selfchallenging Highly possible! FHA is utilizing 40 year terms in their loss mitigation program. Im sure it will roll out main stream sooner than later.

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Austin Whitt

@AustinWhittRE

5 months

@profstonge My parents bought their first home in Phoenix, AZ in 1994 for 59,000. My dad worked at Hertz cleaning cars and my mom stayed home with 3 kids. Good luck today buying that same starter home for 350k on a single Hertz cleaning gig. No wonder younger generations are doom spending.

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Austin Whitt

@AustinWhittRE

4 months

@wowwow23008333 No one knows what the future will look like. They’ve been saying that when rates come down home values are going to skyrocket for the last two years. Nashville home values are already down 13% from peak in May 2023.

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Austin Whitt

@AustinWhittRE

3 months

In mid 2022 through 2023 I watched as my facebook feed was realtor post after realtor post about the following: “Buy now, you can always refi later.” “Marry the house, date the rate.” “Home values only go up.” “Fed announced 7 rate cuts next year, better hurry before there are

GBR, LLC

@GayBearRes

3 months

Let’s hear how recent homebuyers in Austin are doing

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Austin Whitt

@AustinWhittRE

4 months

Real life examples of how a lot of real transactions happen: Potential buyer sees home on Zillow and clicks the blue button to schedule a showing. Zillow connects buyer with agent (often on a large flex team and for a referral fee) and they schedule the showing. New NAR

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Austin Whitt

@AustinWhittRE

4 months

What are the chances that this happens? 1) Realtors will ditch NAR and their realtor title to join a new association. 2) We will change out the word commission with concession and adjust a few line items on a settlement statement. 3) Nothing will change. 🙄

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Austin Whitt

@AustinWhittRE

6 months

@profstonge Hard to believe it wasn’t that long ago that people were ready to risk everything over just a few cents in taxes. Just a few cents on tea and paper once ignited a revolution… America has come a long way.

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Austin Whitt

@AustinWhittRE

3 months

I had a listing that went live last Monday and had a buyer that reached out directly to me to view it. He didn’t want to work with an agent. I have another listing going live on Friday. Today, a buyer sent a me a text and wanted to view the home directly with me. Again, no

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Austin Whitt

@AustinWhittRE

4 months

Let’s break down another myth about the real estate industry: Just like any other business, a brokerage/agent operates to make money, and sets their prices in such a way to be profitable. There is no way that a $15k paycheck to help a buyer on a 500k home makes any sense when

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Austin Whitt

@AustinWhittRE

5 months

Well.. we got a new addition to the family.. What should we name him?!

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Austin Whitt

@AustinWhittRE

6 months

@unusual_whales Go woke, go broke!

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Austin Whitt

@AustinWhittRE

6 months

@GameofTrades_ When daycare for my two little ones here in Nashville, TN is $2500 a month, it’s pretty easy to see why folks aren’t having kids. People typically stop having kids when they don’t make enough money to take care of them. 🤷‍♂️

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Austin Whitt

@AustinWhittRE

6 months

@profstonge Don’t worry guys, we can all get a job working for the government. They are hiring.

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Austin Whitt

@AustinWhittRE

5 months

@charliebilello I have always wondered, how the heck does McDonalds come to the conclusion that customers making under 45k have stopped ordering? How do they know? Do they run credit checks? Employment verification? Surveys? Visual observation? Honest questions.

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Austin Whitt

@AustinWhittRE

6 months

Yikes! These neighboring homes in Mount Juliet have a $2500 difference in their monthly payment. There is no world in which you could buy now and refi later to match the current monthly payment of the rental. Mortgage rates would need to be .25%. In our payment driven society,

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Austin Whitt

@AustinWhittRE

3 months

Realtors should stop telling people to 'buy now' based on the possibility of future rate cuts or what future interest rates will be. “Marry the house, date the rate” was always terrible advice.

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Austin Whitt

@AustinWhittRE

6 months

@unusual_whales Yah, ok, mortgage rates came down in December. 2 weeks to find a home, 30 days to close. No way home prices already reflect this change.

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Austin Whitt

@AustinWhittRE

3 months

“Realtor commissions are likely to increase rapidly starting in July, when the ruling takes effect” Notice a trend in some real estate marketing tactics? Just like “Buy before the bidding wars start again”, it assume a consumers home buying situation will be worse in the

Later Wendy

@LaterWendy

3 months

Well I must have missed a lot in Texas! Anyone have this “presentation “ from a local realtor group in Austin TX. I’d love to read how all buyers should “lock in 3% buyer agreements” right now!

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Austin Whitt

@AustinWhittRE

4 months

@realangrypom Or the average real estate agent.

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Austin Whitt

@AustinWhittRE

2 months

@KnoxHouseSales I actually had thought about this after I had left.. Thats certainly an interesting idea. How could someone say no to that?!

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Austin Whitt

@AustinWhittRE

4 months

This is an example of conflating real estate information. When folks talk about a real estate crash today and compare it to 2008, they are essentially attempting to draw connections pre-crash(2008) with today’s market. Sharing today’s unemployment number in comparison with

theficouple

@theficouple

4 months

People want to say real estate today is like 2008. Please understand the unemployment rate in 2008 was 7.3% It’s currently 3.7% and inventory remains historically low. No, there is no real estate crash coming anytime soon 🏡

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Austin Whitt

@AustinWhittRE

5 months

I drive through my neighborhoods all the time to see what’s going on. The number of homes that are just sitting vacant around where I live is absolutely insane. Pulling tax records, a lot are out of state absentee owners.

Darth Powell

@VladTheInflator

5 months

US housing occupancy hits lowest level since 2013 Buckle the fuck up, there was never a housing shortage

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Austin Whitt

@AustinWhittRE

1 month

I’ve learned a lot on X about discussing housing, and it’s a bit like Fight Club. Here are some rules I’ve picked up for joining the Perpetual Optimistic Club: Rule #1 : You can never, ever compare today to 2008. Credit channels are different, and only the enlightened few can

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Austin Whitt

@AustinWhittRE

6 months

@KobeissiLetter Take your pick in Nashville! You may even get 10 weeks free rent!

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Austin Whitt

@AustinWhittRE

5 months

One of the reasons I stepped away from Facebook/Meta was the constant propaganda from the real estate community. Everything was always up, month-over-month, year-over-year, highest since the leap year in 1934, applying national averages to local markets, you name it. Funny

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Austin Whitt

@AustinWhittRE

6 months

@profstonge The 30 year mortgage was one of the best things to ever happen to home value appreciation. As most lenders require homeowners insurance, I’d be curious to see the long-term effects of prices in some of these states in which insurance carriers are pulling out.

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Austin Whitt

@AustinWhittRE

2 months

The local MLS here in Middle Tennessee has made a decision to begin allowing non-Realtor (licensed real estate agents and appraisers) access starting April 1st, 2025. 11 months until we see the change in action, but this a positive step in the right direction!

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Austin Whitt

@AustinWhittRE

6 months

Has anyone seen or heard from those 8 million buyers entering the market or are they still snowed in? Should we send help?

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Austin Whitt

@AustinWhittRE

6 months

@profstonge Congratulations inflation! My grocery bill approves this message.

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Austin Whitt

@AustinWhittRE

4 months

@AdeelKAmin Im not a fan of the “always buy now” camp. Home values move up, down, and sideways. I think folks should buy when they need and/or want to. I don’t think folks should fomo buy.

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Austin Whitt

@AustinWhittRE

3 months

In the real estate world, some big brokerages, especially those of the “team” variety are involved in costly arrangements with lenders. Here’s an example: XYZ lender pays ABC brokerage $750,000 per year so that the brokerage's agents will direct all homebuyers to XYZ for their

Kenneth J. Jones

@KenJonesBroker

3 months

I have just discovered factual evidence of the Biden Administration’s directive to the DOJ to “investigate” the real estate brokerage business. I’ll discuss that and a new lawsuit against NAR, et al, on the next podcast episode of The Ken Jones Real Estate Show.

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Austin Whitt

@AustinWhittRE

1 month

Holy Cow! I had to add a new line to the top of my inventory chart for Nashville! The active inventory in the area jumped by 12% from April to May this year and a whopping 26% increase compared to May of last year. Interestingly, despite the significant change in inventory,

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Austin Whitt

@AustinWhittRE

5 months

For my visual learners, let's look into a real-life example highlighting the risks of the commonly heard advice: "Marry the house, date the rate." Imagine a home purchased in April of 2022 for $560,000. This period marked the beginning of what many referred to as "marry the

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Austin Whitt

@AustinWhittRE

3 months

My friend reached out this week about buying a home. He initially connected with a local realtor who showed him several properties. This realtor introduced him to her preferred lender, who verbally quoted him a monthly payment about $700 lower than expected based on the

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Austin Whitt

@AustinWhittRE

2 months

As my facebook Realtor friend suggests: “Fence sitting isn’t an option any longer.” NOW is the time to buy… Or is it?

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Austin Whitt

@AustinWhittRE

2 months

From a NAR perspective, a buyer who approaches a listing agent to view their listing does NOT need a written agreement with that agent in order to do so. The verbiage "working with" is going to get some realtors into a lot of trouble if they aren't careful, especially in states

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Austin Whitt

@AustinWhittRE

2 months

I recently had a home listed for sale. The first realtor that scheduled a showing showed up 40 mins late without a text, call, or notification for a reschedule. She called me right afterwards to share her professional opinion about the property and how she was worried about

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Austin Whitt

@AustinWhittRE

22 days

Nashville keeps doing that thing where active inventory continues to climb and I need to add new lines to the top of my chart. 25% more inventory YoY and almost 8% MoM.

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Austin Whitt

@AustinWhittRE

6 months

@profstonge I am told by economists, mortgage/housing analysts, and journalists all over X that we aren’t allowed to compare this time to 2008 in any capacity, as this time is totally different.

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Austin Whitt

@AustinWhittRE

6 months

During the pandemic, Nashville experienced a speculative boom in its real estate market. This surge was driven by individuals relocating from states such as California, New York, and Illinois, attracted by the opportunity to leverage their higher out-of-state incomes for more

Mr.Awsumb

@MrAwsumb

6 months

16,000 vacant apartments in Nashville. Costar confirmed

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Austin Whitt

@AustinWhittRE

4 months

Real estate buyer services are not free. No wonder the industry is in so much trouble right now.

Later Wendy

@LaterWendy

4 months

@TheMojoMissy It was a doozy

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Austin Whitt

@AustinWhittRE

4 months

NAR has a separate "Code of Ethics" for real estate agents. Agreeing to them and paying dues allows you to become a REALTOR. The NAR proposed settlement requires an MLS participant representing a buyer to have a written agreement prior to showing a home. Two important takeaways

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Austin Whitt

@AustinWhittRE

4 months

@amyvanwinkle It’s another great point. Seems like this policy was more about protecting NAR than anything else.

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Austin Whitt

@AustinWhittRE

5 months

“Marry the house, date the rate” was never solid advice. It was designed to push buyers into quick decisions by downplaying: 1) The unpredictability of future home values 2) The volatility of interest rates 3) The uncertainty surrounding future refinancing options Essentially,

Gina Athanasiou

@agentgina1

5 months

In short, “date the rate marry the house” is deceptive advertising. An honest analogy: “Marry the house, marry the rate. You can get divorced from your rate in the future and marry a new rate, but it will cost you a lot of money in fees and interest…”

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Austin Whitt

@AustinWhittRE

4 months

Everyone should buy NOW!! If rates go up, your payment will be even higher. If rates come down there will be more competition and you’ll have a higher payment. Real talk, the only solution is to time the market by buying NOW! Bonus points for all the emoji action!

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Austin Whitt

@AustinWhittRE

1 month

My son is obsessed with trains! We decided to take him to Nashville on one this afternoon. He was so excited! Pure Joy!

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Austin Whitt

@AustinWhittRE

29 days

Nashville inventory continues to climb, up over 21% YoY. Similarly, expired and cancelled listings are also on the rise. Cancelled listings are up 27% YoY, and expired listings have surged by 52% YoY. Compared to two years ago, cancelled listings have increased by 102% and

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Austin Whitt

@AustinWhittRE

2 months

I support the proposed move to grant MLS access to non-Realtors, which includes real estate agents & brokers. I believe this will spur competition, drive innovation, and enhance service quality. This will benefit all, especially consumers. Let's align our actions with our

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Austin Whitt

@AustinWhittRE

2 months

First ever social media payout! Thats pretty cool!

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Austin Whitt

@AustinWhittRE

3 months

Well! Turns out there will be a vote at the end of this month to determine whether to allow non-REALTOR access to Realtracs. Realtracs is the local MLS in Tennessee and allows realtors access to local housing data. This separation discussion is huge!! Allowing agent access to

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Austin Whitt

@AustinWhittRE

5 months

This is a great thread. Currently, many loan officers are panicking. The behaviors I've observed and the stories I've heard from both loan officers and branch managers in their goal for business are just appalling. Here are just a few things I have seen in the last year: 1)

John Downs - Mortgage Advisor

@AdvisorJohn

5 months

#Mortgage #LoanOfficers - it is quite possible that the economic model of mortgage lending has changed and past experiences will be nothing like future results. That begs the question, should you change careers? In my 25 years, income has been mostly predictable. But... 1/n

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Austin Whitt

@AustinWhittRE

3 months

It’s wide spread. From real estate TikTok videos to Loan Officers on X bragging about excluding income on applications to qualify buyers for programs they otherwise wouldn’t have qualified for. Hopefully we see even more accountability.

Darth Powell

@VladTheInflator

3 months

TRILLIONS in occupancy mortgage fraud is causing arrests to begin. The conspiracy also included falsifying property records, including building safety and financial information of prospective borrowers to facilitate mortgage loan approval. Between 2018 through October 2023,

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Austin Whitt

@AustinWhittRE

24 days

Check this one out: Opendoor purchased 5/23/24 for $303,100. Offering no agent commission and a 1.9% seller concession. Last comp closed in this same sub-division at $285,000. Why did they buy this home?

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Austin Whitt

@AustinWhittRE

3 months

From lenders and agents to those who claim they have 'never' heard the phrase, 'Marry the house, date the rate,' or dismiss it as 'fringe'— I present to you, evidence!

hawkish tone

@hightesto

3 months

@AustinWhittRE Who is saying that? Do you think masses were rushing in based on Newbs to RE saying this? Because they weren’t. And no agent worth their salt really made a campaign out of this. So aren’t we just talking about the fringe? Which is present in any business?

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Austin Whitt

@AustinWhittRE

4 months

If you were to follow the Dave Ramsey house buying rules you would need to make $345,000/year to afford this $550,000 median priced home in Nashville. Maybe the market has been frozen because people are finally following the Ramsey advice?!

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Austin Whitt

@AustinWhittRE

4 months

I 100% believe that buyers and their agents should have a conversation about services provided and compensation agreed to and that the agreement should be in writing before establishing the relationship. That being said, how is this going to be policed? Will listing agents ask

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Austin Whitt

@AustinWhittRE

3 months

@NyanCatpital They typically aren’t allowed to make these claims in most states. They do because no one holds them accountable.

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Austin Whitt

@AustinWhittRE

2 months

I discussed the NAR proposed settlement a few months ago and how subtle changes in wording can have a big impact. I recently found an article by a major housing market company stating, ‘Buyers will be required to sign a buyer representation agreement outlining how much they will

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Austin Whitt

@AustinWhittRE

3 months

Out of the fringe and directly into the fire! Compass, with over 28,000 agents in 72 markets, proudly narrows your pool of buyers— no MLS needed. Perfect if you love limiting buyer competition and maximizing agent control.

Later Wendy

@LaterWendy

3 months

I am here for this type of call out! This stuff needs to be addressed by big guys to give it power to go away.

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Austin Whitt

@AustinWhittRE

5 months

Exactly right. A mortgage, regardless of its interest rate, is a liability. The allure of low interest rates can obscure the risk involved. When homes are primarily seen as assets to be leveraged for financial gain, it diverts attention from the housing market's fundamental

Chart 🌴

@data_analystguy

5 months

I think this is a sign of economic desperation, personally. Desperate to get out of the rat race by becoming a landlord The financialization of housing is not healthy for the economy

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Austin Whitt

@AustinWhittRE

6 months

@TikTokInvestors Don’t be like this guy. Why bug someone at work for content. 0/10, bad taste.

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Austin Whitt

@AustinWhittRE

16 days

@ethanflynncpa I had a client who purchased an Airbnb in East Nashville in 2022. She turned it into her primary residence about a year later and converted her other home into a long-term rental. She said it just wasn’t quite busy enough and was more of a pain in the butt than anything else.

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Austin Whitt

@AustinWhittRE

2 months

@NEO_RE_2013 It’s a beautiful home in Franklin, TN! Im always curious to see where they land to test my comp skills! Ha

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Austin Whitt

@AustinWhittRE

3 months

@jmgramke @GRomePow Property taxes can rise even if your home's value drops due to higher tax rates, outdated assessments, area-wide revaluations, and local gov's need for more revenue. Or a combo of those!

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Austin Whitt

@AustinWhittRE

6 months

@WallStreetSilv I went from buying chicken breast at Kroger for $3.29/pound to chicken thighs at $1.99/pound.

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Austin Whitt

@AustinWhittRE

2 months

Quick thread on inventory and home prices in Nashville! Active Inventory has now officially surpassed the pre-covid count from October of 2019.

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Austin Whitt

@AustinWhittRE

1 month

First and foremost, a shoutout to my sellers for braving a new process. As far as I can see, they are one of the first sellers in Middle TN to embrace the local MLS rollout of the NAR proposed settlement changes. Pioneers!! They are offering a $49,500 concession which can be

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Austin Whitt

@AustinWhittRE

3 months

While partially true, this message omits a very important detail: some lenders are significantly more expensive than others due to differences in their operational costs. For instance, a mortgage lender running a profit and loss (P&L) might increase their pricing based on their

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Austin Whitt

@AustinWhittRE

3 months

For every realtor that denies the existence of these questionable business practices, there are 4 loan officers with superior products, cost savings, and interest rates who were never given a chance to offer a better deal to the agent's clients. Affiliated Business Arrangements

Dan Sullivan

@DenverREdata

3 months

@AustinWhittRE As a small operator in the mortgage world, these “Affiliated Business Arrangements” were really tough to overcome. We could always provide better terms, but we could rarely overcome the influence of a vested partner steering the loan elsewhere.

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Austin Whitt

@AustinWhittRE

3 months

Kyle, thanks for engaging with my posts! On X, one of my goals is to share and question the frequent, often misleading narratives encountered in real estate marketing. Phrases like: “Buy now, you can refi later.” “Hurry before bidding wars start again.” “Rate cuts coming

Kyle Kovats

@KovatsMultiFam

3 months

@AustinWhittRE I think your issue is you try to make something < .1% do seem like everyone does it. Seems like click bait/impression bait a lot of times. Imo you should focus on things that happen regularly for credibility purposes.

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Austin Whitt

@AustinWhittRE

4 months

@EagleOneWhiskey This guy was super nice, mostly just trying to build rapport with us. A balanced approach is always the best. I just can’t get down with the FOMO selling.

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Austin Whitt

@AustinWhittRE

4 months

A real estate company that I had worked for had a very expensive coach that they paraded around. My broker had a conflict in her schedule one random week and was so excited for me to have a chance to talk to him in her place. We start this zoom call and his office was a fully

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Austin Whitt

@AustinWhittRE

15 days

About this same time last month there were 8,127 active listings in Nashville. Right about a 7% increase MoM. I have talked to quite a few agent friends recently and I keep hearing the same thing: homes are sitting on the market longer.

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Austin Whitt

@AustinWhittRE

3 months

@thetradingbro I can facilitate for the buyer if they are interested in writing an offer.

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Austin Whitt

@AustinWhittRE

2 months

Active Inventory certainly looks to be growing in Davidson County (Nashville). I talked to my mentor yesterday about what he is seeing. He has 13 active listings and he said shit is getting weird. Some homes are selling really fast and others are just sitting...

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Austin Whitt

@AustinWhittRE

1 month

Here we go! My local MLS will roll out the seller concessions fields in property listings on June 3rd! Some interesting notes: "The Seller Concessions Amount field is numeric, allowing only for a dollar amount." And "The Seller Concessions Offered field is a marketing field

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Austin Whitt

@AustinWhittRE

4 months

The best real estate advice to be found is always on TikTok and Instagram, with a splash of Facebook. From illegal unsubstantiated selling claims to how you can commit mortgage fraud, you literally cant go wrong!

Khalil El-Ghoul

@khalil_knows

4 months

Realtors would have fewer problems if we stopped posting on Instagram and TikTok. It’s become insufferable and I can’t imagine there is a positive return for 99% of what I see.

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Austin Whitt

@AustinWhittRE

4 months

Holy cow! I certainly didn’t anticipate yesterday’s post taking off the way it did! I appreciate everyone’s comments and support! I started posting on X here in January with a focus on more transparency in the RE industry, sharing some of the wild stories I have seen over the

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Austin Whitt

@AustinWhittRE

5 months

Everyone wants to be a landlord! Here is the thing. If your intention at the time of application is to rent the home, you are purchasing an investment property. If you buy a home and your situation changes down the line and you need to rent, thats an entirely different story.

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Austin Whitt

@AustinWhittRE

4 months

Nick is right. DOJ has already talked about this. They don’t want buyers coming up with additional cash to pay agents. Commissions will be changed to concessions and more likely than not, sellers will still offer them. Large brokerage that depend on Zillow, Realtor .com will

Nick El-Tawil

@tawillionaire

4 months

The only real change that I see coming from this NAR settlement is requiring buyer brokers to use a written agreement. Everything else has a clear workaround. i.e. Instead of offering to split the commission on the MLS, sellers will offer a closing credit equal to the buyer

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Austin Whitt

@AustinWhittRE

2 months

A friend of mine who works at a large brokerage recently reached out for advice. One of the company’s owners called him and questioned why he wasn’t sending all of his leads to their preferred lender. The truth is, this preferred lender has terrible rates, poor customer service,

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Austin Whitt

@AustinWhittRE

2 months

Lots of noise lately about buyers being required to sign a buyer representation agreement before touring a property, and it’s just not true.

Opening Doors: Navigating Realtor® Requirements in Home Tours

Estimated Read Time: In real estate, misrepresentations can often distort buyer expectations and industry standards. A common misconception circulating among prospective home buyers is that they mu…

austinwhittre.com

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Austin Whitt

@AustinWhittRE

4 months

I always love a good guess, especially when an “expert” calls it a forecast. Turns out Fannie Mae mortgage rate forecasts show a STAGGERING 89% optimism bias in their 2022 forecasts, with actual rates often surpassing predictions. Are these forecasts designed to help lenders

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Austin Whitt

@AustinWhittRE

29 days

I started looking through the cancelled listings to call on and noticed the one I had lost not long ago had cancelled with their agent today. Bringing it all together with my last post, I think it’s worth having real conversations about valuing homes and not inflating numbers

Austin Whitt

@AustinWhittRE

2 months

I lost a listing because I suggested a list price significantly lower than what another agent did. I ran comps and came up with roughly 1.55M. The seller told me during the interview that another agent could get him $1.8M on a quick close. I just looked today and the home

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Austin Whitt

@AustinWhittRE

4 months

I think brokerages with a primary focus on buyers will be in big trouble. Their business model is predicated on paying insane marketing/operational expenses based on collecting a 3% fee on the deals they do capture. There will be too much risk for the large lead gen brokerages.

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Austin Whitt

@AustinWhittRE

6 months

@HuinGuillaume “Stop gaslighting us!” 😂😂

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Austin Whitt

@AustinWhittRE

28 days

Day 7 of potty training and the first day with no accidents. Lets gooo!

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Austin Whitt

@AustinWhittRE

5 months

Leaving my brokerage in October of 2022 was a tough call. As a newly single dad with my little guy and miles away from my family in Arizona, I knew the pressure was on. But, when asked to compromise my values over and over, I knew it was time to walk away. Fast forward to today

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Austin Whitt

@AustinWhittRE

4 months

Remember, a realtor MAY be required to have a written buyer representation in order to help you buy a home, but you as a consumer are NOT required to sign anything with them.

antibubble

@coqumragep279

4 months

@AustinWhittRE Finally, the applicable laws do not REQUIRE a buyer to sign ANYTHING. What the laws says is that the agent does not legally represent the buyer unless there is a written agreement. Agents are turning the law on its head and claiming "the law says you must sign this agreement". 4/

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Austin Whitt

@AustinWhittRE

4 months

@Silver_Gold_U @federalreserve I think I would. 😂😂

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Austin Whitt

@AustinWhittRE

5 months

What a wonderful resource! I’ve been digging into the PPP loans and how those loans impacted the real estate industry here in Nashville. A lot of real estate agents made more money than they ever have as a result to the pandemic. I’ll be coming out with an article next week

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Austin Whitt

@AustinWhittRE

2 months

Lol small print. @zillow At what point in the process do you proactively share with customers how much you are charging them in exchange for the connection to a local agent?

Later Wendy

@LaterWendy

3 months

The irony of wanting “transparency on fees” when consumers don’t know you get 40% of the commission using your site. They left that important part out

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Austin Whitt

@AustinWhittRE

4 months

Words are so important. Here is the wording from NAR: “While NAR has been advocating for the use of written agreements for years, in this settlement we have agreed to require MLS participants working with buyers to enter into written representation agreements with their buyers.

REvitalize Property Solutions-We Buy NOLA Houses!

@WeBuyNOLAHouses

4 months

@AustinWhittRE The National Association of REALTORS® (NAR) has agreed to require buyers and buyer agents to sign a buyer representation agreement (BRA) before touring properties starting in mid-July 2024, pending court approval.

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Austin Whitt

@AustinWhittRE

13 days

It’s getting harder to sell a home. Where is the pent up buyer demand?

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Austin Whitt

@AustinWhittRE

6 months

@GameofTrades_ Janet Yellen said we are fine. I trust her. If we do have a sharp economic downturn and we lose jobs, we can all always work for the government.

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Austin Whitt

@AustinWhittRE

4 months

@KennyCap_Phd He was a super nice dude. I didn’t give him that hard of a time about it. 😂

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