Broker Bits

Early yesterday morning, Monica and I were chatting about the day and beginning to work when we heard it. Yep, pretty sure that was a turkey call. Coming from down the hall, in a proper real estate office. Jeremy is in the building!

A couple weeks ago, I noticed a new sign on an agent's door advertising ice baths for a dollar. Prepaid only. No refunds. Shane keeps us laughing.

From time to time a cheery female voice calls out as the front door chimes. The voice says, "Hellooooo!" I used to hurry from wherever I might be in the building to greet our guest! Nope. That's just Jared. He got me again. Now when the door chimes or someone calls out a greeting, I ignore it completely. Probably just Jared. Usually, I'm right. . .

And, in case you were not aware, our chief prankster is our fearless admin . . . who will be nameless. I won't tell you those st...

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First, this is not a PSA for the company. The company does not mandate anything a Broker writes in his/her Broker Bit. This message is straight from me with over 30 years of real estate experience in Baldwin County to YOU!

We have been very fortunate the past 24 months to be in a market where we have almost just been taking orders. For the most part, we have not been practicing "traditional" real estate. Now is the time to be proactive and prepare for when the market does adjust. Make no mistake about it… the market will adjust because it always does. The question is: Will you be ready?

I hope this Broker Bit will help you make the decision to invest $400 into yourself and your business. That statement is kind of a joke because $400 is nothing to invest for a proven tool that will help you and your business when the market does adjust...

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From a Washington Post article on December 28, 2021:

"Across most housing markets, the new conforming loan limit will be $647,200 in 2022, an increase of $98,950 compared to 2021's limit of $548,250. Borrowers who need to finance a larger sum for a home purchase will need to apply for a jumbo loan, which often has stricter guidelines for borrowers, larger down payment requirements and sometimes higher interest rates because of the risk associated with a bigger loan."

This increase in the loan limits are adjusted every year by the same amount as the Federal Housing Finance Agency's average home price increase in each 3^rd Quarter of the year (2021 vs 2020). The increase is a newsworthy 18.05%, and it makes sense that the conforming loan limit would increase in lock step. In 2021, if you ha...

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