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Real Estate | Blog

Tuesday, June 4, 2024   /   by Nick Waldner

Why Hard Times Create Strong People

Use this time that has been given to you to become more resilient.

Life operates in cycles, with hard times creating strong people who then create great times, which in turn lead to weak people and more hard times. This cycle has repeated throughout history, shaping societies and economies. Currently, we face a critical juncture. Are we emerging from easy times, risking weakness, or coming off hard times, ready to grow stronger? In real estate terms, we have enjoyed good times but must choose between complacency and preparation.
 
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video.
 
0:00 — Introducing today’s topic
 
0:30 — WW1 and the Great Depression
 
1:40 — WW2 and Post-War Prosperity
 
3:00 — Inflation and Recessions
 
4:00 — Globalization and the Housing Crisis
 
4:55 — The Pandemic and Modern Challenges
 
5:1 ...

  real estate

Tuesday, May 7, 2024   /   by Nick Waldner

What You Need to Know About the NAR Settlement

The NAR settlement will affect your transaction and net profit.

Recently, there's been a lot of buzz around the NAR settlement and its potential impact on the real estate industry. Let's break it down.

First things first, contrary to some claims, President Biden's announcement that everyone will save $10,000 when buying real estate isn't accurate. The reality is that this settlement is poised to shake up how real estate commissions work.

In the past, when purchasing a property, buyers had to consider several hefty costs: the down payment, lender fees, title fees, and realtor fees. These fees often amounted to a substantial out-of-pocket expense for buyers. Sellers would sweeten the deal by offering to cover a portion of these costs to attract buyers, effectively reducing the buyer's cash burden.
However, this practice evolved into a system where the seller paid commissions on both the buying and selling side. This meant buyers could enter transactions with less cash upfro ...

  real estate

Friday, March 8, 2024   /   by Nick Waldner

The Secret Ingredient to Leadership Success: Recognition

How regular recognition can revolutionize your leadership style.

While reading a book about leadership, I stumbled upon a profound insight that resonated deeply with me—many leaders fail to recognize and appreciate their team members enough. This realization struck a chord, highlighting an essential element of leadership: recognition. Your business, family, or team's growth is intricately linked to your growth as a leader and how well you acknowledge the contributions of those around you.

Recognition plays a pivotal role in motivating individuals. During a recent team meeting, I asked my team to identify the three most important people among us and explain why in one sentence. This exercise not only fostered a sense of appreciation among team members but also highlighted the positive impact of recognition. For example, hearing a colleague publicly acknowledge your positive attributes, such as always showing up with a smile and readiness to help, can significantly boost ...

  real estate, economic insights

Friday, March 1, 2024   /   by Nick Waldner

Master Your Mind: A Lesson from Indian Wisdom on Choosing Positivity

An old tale of two wolves gives us insight into nurturing your mind.

Today, we're going to talk about an old Indian wise man’s tale. The story revolves around the concept of two wolves residing within each individual—a good wolf propelling us forward and aiding growth and a bad wolf tempting us towards negative paths and poor decisions.

As the wise elder addressed the intrigued young minds, they asked: "Which wolf wins?" The answer was: "The one you feed." This simple yet profound response carries a powerful message about the choices we make in nurturing our thoughts and emotions.

Imagine your mind as an open container, impartial and non-judgmental, ready to absorb whatever you pour into it. It doesn't differentiate between right and wrong; it merely reflects the content it receives. So, what are you feeding your mental container?
"A good wolf propels us forward and aids growth, and a bad wolf tempts us toward negative paths."

Consider the analogy of a news d ...

  real estate, home selling, nome buying, economic insights

Monday, February 19, 2024   /   by Nick Waldner

How Women are Redefining Success in the Modern Era

Defining the transformative power of women’s influence on the 21st century.

The 20th century was defined by a command and control approach to leadership. It was an era where decisions were top-down, and authority was seldom questioned. However, as we stepped into the 21st century, there has been a paradigm shift in what defines strength in leadership. Today, it's about communication, empathy, building relationships, being open, and sharing values. The focus has shifted from commanding to connecting, marking the 21st century as the era of women.

Women are now recognized as central to driving the global economy. They influence 85% of all purchasing decisions and are poised to inherit two-thirds of all wealth due to demographic shifts. Despite this, 91% of women feel that advertisers fail to understand them, highlighting a significant gap and opportunity in the market. This mismatch between women's economic power and the market's recognition of their needs underscores the im ...

  real estate