Rev Real Estate School | Top Real Estate Agent Training
Business:Entrepreneurship
Wouldn’t it be great to know what the real estate market is going to do in your city in the future? Well, an easy way that gives us an answer to this within a reasonable degree of confidence.
Predicting the real estate market involves various inputs like net migration, consumer confidence, interest rates, job growth, unemployment, price trends, inventory levels and more. And even if you knew all of the inputs, there would still be unknowns. For example, will interest rates continue to rise, or will they hold steady? We all have a view on this, but nobody knows with full confidence.
In this video and podcast, you are going to learn how to easily predict any real estate market using the free months of inventory prediction method.
With this, you can predict any real estate market; all you need is the last 6 months of inventory for the community or product type. Months of inventory is a power prediction metric because it accounts for both supply (listings) and demand (sales).
You’ll learn how to calculate months of inventory in real estate and how to determine if you are in a buyer’s or seller’s market.
0:00 Intro
0:50 Probability
1:32 Language To Use
2:05 Is A Certain "Months of Inventory" Good or Bad?
3:40 Prediction Statistic or Metric and Examples
5:58 How To Use Months of Inventory (Seller’s Market, Buyer’s Market, Balanced Market)
7:25 Predicting Real Estate Prices
8:38 Using
The Free Forecasting Tool: https://rev-real-estate-school.ck.page/2006e6e73a
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Rev Real Estate School is here to teach real estate agents how to become successful in their careers and 2x your production while working 5 days per week by working your SOI. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, social media, scripts, dialogues, habits, mindset, networking, skills, and negotiation.
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307 - Interview: Joshua Smith on Adapting in Real Estate
306 - Interview: Luke Acree's Guide to Database Marketing
305 - Interview: AI Tools, GPTs and The Future Of Real Estate With AI
304 - Deep Dive: Should You Join a Team?
303 - Q&A: Low Offers, Self-Promo, Conversations, Fear, Perfectionism
302 - Exciting Announcement: Meet Revvie
302 - Interview: Partnerships, Video Marketing, and Small Towns
301 - Unbelievable Real Estate Stories: Wild Experiences from the Field
300 - Overcoming Social Comparison in Real Estate
299 - Real Estate Niches: Standing Out
298 - The Toughest Lessons Agents Need To Learn
298 - Extreme Introversion In Real Estate: Can It Work?
297 - Interview: Navigating The Hardest Market in North America
296 - Michael & Jess: If We Started Again This Is What We'd Do
295 - How To Really Use Your CRM
294 - Interview: TikTok Real Estate Agent Tells All!
293 - Self Care In Real Estate: Is It Possible?
292 - Do You Really Need More Leads?
291 - Interest Rate Objection: How To Handle It
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