On the Season 2 debut of Lost Cultures: Living Legacies , we travel to Bermuda, an Atlantic island whose history spans centuries and continents. Once uninhabited, Bermuda became a vital stop in transatlantic trade, a maritime stronghold, and a cultural crossroads shaped by African, European, Caribbean, and Native American influences. Guests Dr. Kristy Warren and Dr. Edward Harris trace its transformation from an uninhabited island to a strategic outpost shaped by shipwrecks, colonization, the transatlantic slave trade, and the rise and fall of empires. Plus, former Director of Tourism Gary Phillips shares the story of the Gombey tradition, a vibrant performance art rooted in resistance, migration, and cultural fusion. Together, they reveal how Bermuda’s layered past continues to shape its people, culture, and identity today. You can also find us online at travelandleisure.com/lostcultures Learn more about your ad choices. Visit podcastchoices.com/adchoices…
We talk about Tavis's 20 year in Dallas real estate party, we then transition to talking about our sons going off to college and their future plans. The conversation then shifts to the new rules implemented by the NAR regarding advertising commissions on the MLS. They discuss the impact of these rules on the real estate market and the challenges it presents for agents. They also touch on the current state of the market and the unpredictability of buyer activity. The conversation covers various topics including negotiating commissions in real estate transactions, the complexity of listing agreements, and the challenges of navigating buyer's agent commissions. They also discuss the acquisition of popular restaurant chains by larger franchises. In terms of the real estate market, they mention the increasing inventory and the potential impact of the upcoming school season on home sales. keywordsparties, celebrations, college, future plans, NAR rules, advertising commissions, real estate market, buyer activity, real estate, commissions, listing agreements, buyer's agent, restaurant chains, inventory, home sales takeaways
Parties and celebrations can bring people together and create lasting memories.
Sending children off to college is a bittersweet moment for parents.
The new NAR rules regarding advertising commissions on the MLS have created challenges for agents.
The real estate market has become unpredictable, with slower buyer activity in some cases.
Open communication and negotiation are important in navigating the changing real estate landscape. Commission in real estate transactions has traditionally been a non-negotiable item, but recent changes are allowing for more flexibility.
Listing agreements can be complex and have multiple sections to consider.
Buyer's agents need to have deeper conversations with their clients about commissions and who is responsible for paying them.
The real estate market is experiencing an increase in inventory, which may continue as the school season approaches.
Popular restaurant chains are being acquired by larger franchises.
titles
Parties, Celebrations, and College Send-Offs
The Unpredictability of the Real Estate Market The Complexity of Listing Agreements
Acquisition of Popular Restaurant Chains
Sound Bites
"People don't, people, well, we've talked about it on here, but you celebrated, I don't know if you know the exact day, but you celebrated 20 years in real estate since you've had your license."
"Luke deciding to go to college was a pretty last minute decision. Landon getting, uh, accepted to go play basketball and deciding to go to college was even more of a last minute decision."
"The market has gotten weird. Um, which I'm sure, you know, in our market update, we'll talk about that a little bit, but, um, it's gotten weird in the sense that, you know, and I mentioned this with the property we had in Garland, um, last week that we, uh, had a tremendous amount of showing or a tremendous amount of social media activity went live, went to the market."
"Why hasn't commission been a negotiable item in the past?"
"I look at it as a net number to the seller."
"Buyers pay for the buyer's agent, sellers pay for the seller's agent."
Chapters 00:00Parties, Celebrations, and College Send-Offs 06:34Navigating the New NAR Rules on Advertising Commissions 17:38The Unpredictability of the Real Estate Market 23:19Negotiating Commissions in Real Estate Transactions 25:39Challenges of Navigating Buyer's Agent Commissions 35:05Acquisition of Popular Restaurant Chains 43:07Increasing Inventory in the Real Estate Market
We talk about Tavis's 20 year in Dallas real estate party, we then transition to talking about our sons going off to college and their future plans. The conversation then shifts to the new rules implemented by the NAR regarding advertising commissions on the MLS. They discuss the impact of these rules on the real estate market and the challenges it presents for agents. They also touch on the current state of the market and the unpredictability of buyer activity. The conversation covers various topics including negotiating commissions in real estate transactions, the complexity of listing agreements, and the challenges of navigating buyer's agent commissions. They also discuss the acquisition of popular restaurant chains by larger franchises. In terms of the real estate market, they mention the increasing inventory and the potential impact of the upcoming school season on home sales. keywordsparties, celebrations, college, future plans, NAR rules, advertising commissions, real estate market, buyer activity, real estate, commissions, listing agreements, buyer's agent, restaurant chains, inventory, home sales takeaways
Parties and celebrations can bring people together and create lasting memories.
Sending children off to college is a bittersweet moment for parents.
The new NAR rules regarding advertising commissions on the MLS have created challenges for agents.
The real estate market has become unpredictable, with slower buyer activity in some cases.
Open communication and negotiation are important in navigating the changing real estate landscape. Commission in real estate transactions has traditionally been a non-negotiable item, but recent changes are allowing for more flexibility.
Listing agreements can be complex and have multiple sections to consider.
Buyer's agents need to have deeper conversations with their clients about commissions and who is responsible for paying them.
The real estate market is experiencing an increase in inventory, which may continue as the school season approaches.
Popular restaurant chains are being acquired by larger franchises.
titles
Parties, Celebrations, and College Send-Offs
The Unpredictability of the Real Estate Market The Complexity of Listing Agreements
Acquisition of Popular Restaurant Chains
Sound Bites
"People don't, people, well, we've talked about it on here, but you celebrated, I don't know if you know the exact day, but you celebrated 20 years in real estate since you've had your license."
"Luke deciding to go to college was a pretty last minute decision. Landon getting, uh, accepted to go play basketball and deciding to go to college was even more of a last minute decision."
"The market has gotten weird. Um, which I'm sure, you know, in our market update, we'll talk about that a little bit, but, um, it's gotten weird in the sense that, you know, and I mentioned this with the property we had in Garland, um, last week that we, uh, had a tremendous amount of showing or a tremendous amount of social media activity went live, went to the market."
"Why hasn't commission been a negotiable item in the past?"
"I look at it as a net number to the seller."
"Buyers pay for the buyer's agent, sellers pay for the seller's agent."
Chapters 00:00Parties, Celebrations, and College Send-Offs 06:34Navigating the New NAR Rules on Advertising Commissions 17:38The Unpredictability of the Real Estate Market 23:19Negotiating Commissions in Real Estate Transactions 25:39Challenges of Navigating Buyer's Agent Commissions 35:05Acquisition of Popular Restaurant Chains 43:07Increasing Inventory in the Real Estate Market
In this conversation, Ashton Hines and Tavis Westbrook discuss various topics including the benefits of fasting, developments regarding the Dallas Mavericks' new arena, current trends in the housing market, and negotiation strategies in real estate. They explore the health benefits of fasting, the implications of a new basketball-only arena in Dallas, the challenges facing the housing market, and the importance of strategic negotiation in real estate transactions. In this conversation, Ashton Hines and Tavis Westbrook delve into the intricacies of real estate transactions, focusing on the negotiation process, property evaluation, and effective communication between agents and clients. They explore the importance of understanding property conditions, setting realistic expectations for offers, and the emotional aspects of negotiation. Tavis shares insights on market analysis and the significance of knowing one's product to navigate the complexities of real estate deals successfully. takeaways Fasting can lead to increased mental clarity and energy. Incorporating regular fasting can have health benefits. The Dallas Mavericks are committed to building a new basketball-only arena. The new arena is expected to be ready by the 2031 season. The US housing market is experiencing a significant imbalance between sellers and buyers. There is a potential for a pullback in the housing market. Investors need to be strategic in their purchasing decisions. Negotiation strategies are crucial in real estate transactions. Holding firm on offers is important in a shifting market. Understanding the dynamics of buyer-seller relationships can aid in negotiations. Laying the groundwork for pricing is crucial in real estate deals. Understanding property conditions helps in making informed offers. Negotiation requires a balance of assertiveness and emotional detachment. Effective communication is key in real estate transactions. Knowing your numbers can empower better negotiation outcomes. Market insights and comp analysis are essential for accurate valuations. Emotional intelligence plays a significant role in negotiations. Agents should prepare clients for the realities of property conditions. Closing strategies should be clear and straightforward. Building rapport with clients can facilitate smoother transactions. titles The Health Revolution: Fasting Benefits Unveiled Dallas Mavericks: A New Era in Arena Development Housing Market Insights: Trends and Predictions Sound Bites "Fasting is very good for you." "You have to buy things deeper." "Let's role play a little bit." "I know you gotta make money." "I can just let you know." "It's going to be challenging." "You have to know your product." Chapters 00:00Exploring the Benefits of Fasting 02:11Dallas Mavericks Arena Developments 10:16Current Trends in the Housing Market 17:15Negotiation Strategies in Real Estate 18:06Laying the Groundwork for Real Estate Deals 19:28Understanding Property Conditions and Needs 22:42Negotiating Offers and Property Valuation 26:25Closing Strategies and Offer Presentation 30:03The Art of Negotiation and Emotional Detachment 32:34Effective Communication in Real Estate Transactions 35:51Market Insights and Comp Analysis…
takeaways Technological issues can be a challenge but are manageable. Real estate market is currently experiencing fluctuations. Coaching can provide accountability and improve performance. Networking with other agents is crucial for success. Wealth is defined by the ability to hire professionals for guidance. Tracking numbers helps in understanding performance and areas for improvement. Avoid shiny object syndrome by focusing on consistent efforts. Market predictions suggest a potential increase in activity in Q3. Investing in landscaping can significantly enhance home value. Building relationships with mentors can lead to personal and professional growth. Designing around existing trees can enhance a home's aesthetic. Innovative features like ceiling-mounted tub fillers can add uniqueness. Protecting mature trees during construction is crucial. The emotional impact of losing a beloved tree is significant. A disappearing fence design can enhance property aesthetics. Service-based businesses like plumbing are more stable than product-based ones. High-end features can sometimes be impractical in lower-value homes. The importance of lighting in home photography cannot be overstated. Partnership alignment is key in business ventures. Building relationships through service contracts can lead to future opportunities. summaryIn this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss various aspects of the real estate market, including personal experiences, coaching, accountability, and market predictions. They emphasize the importance of networking, tracking performance, and investing in home value through landscaping. The conversation highlights the challenges and opportunities within the real estate industry, providing insights for both new and experienced agents. In this conversation, Tavis Westbrook and Ashton Hines explore various aspects of home design, including the importance of integrating natural elements into architecture, innovative features that enhance living spaces, and the challenges faced in the construction industry. They also discuss personal experiences with unique home features and reflect on lessons learned from their trades, emphasizing the significance of thoughtful design and the realities of running a service-based business. titles Navigating Real Estate Challenges The Role of Coaching in Real Estate Success Market Insights and Predictions Building Wealth Through Real Estate The Importance of Networking in Real Estate Investing in Your Home's Value Sound Bites "Technological issues can be a challenge." "Networking with other agents is crucial for success." "Tracking numbers helps in understanding performance." "Building relationships with mentors leads to growth." "Investing in landscaping can enhance home value." "You can actually design and work around it." "It would have been really cool to do it." "I don't understand, but anyways." "It does hurt my soul." "We called it kind of the disappearing fence." "It's economy proof. Everyone needs plumbing." "We hope you have a great day." Chapters 00:00Introduction and Technological Challenges 03:03Real Estate Market Insights and Personal Experiences 06:08Coaching and Accountability in Real Estate 08:59Navigating the Real Estate Landscape 11:56The Importance of Networking and Masterminds 14:56Wealth Building and Personal Growth 17:58Tracking Numbers and Accountability 21:13Shiny Object Syndrome and Focus 24:05Market Updates and Predictions 26:53Investing in Landscaping and Home Value 30:05Conclusion and Future Plans 35:29Designing Around Nature 40:14Innovative Home Features 48:03Would You Do It Again? 56:08Lessons from the Trade https://www.facebook.com/profile.php?id=61576756701051 https://www.youtube.com/@TheRealEstateHeavyweights…
In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss their recent experiences, including insights from a mastermind group focused on wealth building in real estate. They explore the current market trends indicating a shift towards a buyer's market, the importance of identifying financial goals, and the potential for passive income through real estate investments. The conversation also highlights the fastest growing communities in Collin County, Texas, and the implications for future real estate opportunities. In this conversation, Ashton Hines and Tavis Westbrook discuss the troubling case of Charles Carrier, a franchisee involved in a Ponzi scheme, the growing AI investment landscape in Plano, and the impact of recent restaurant closures in the Dallas area. They also tease future discussions about trade ownership and personal experiences in business. takeaways The importance of networking with diverse real estate professionals. Identifying personal financial goals is crucial for wealth building. Passive income through real estate can provide financial freedom. Current market trends suggest a shift towards a buyer's market. Understanding lead generation strategies is essential for success. Mailers can be an effective tool for generating leads. The significance of adapting to market changes in real estate. Exploring commercial real estate as a passive investment option. The impact of local market dynamics on property values. Continuous learning and adaptation are key in real estate. Charles Carrier was a successful franchisee before his downfall. Ponzi schemes often start with legitimate intentions but can spiral out of control. AI investments are significantly increasing in Plano, making it a tech hub. The rise of robotics and gaming teams in schools reflects changing interests. Restaurant closures can impact community dynamics and local economies. Long-standing restaurants face challenges due to rising rents and competition. Communication breakdowns can lead to financial disasters in business. Investors often lose money when accountability is lacking. The importance of managing cash flow in business cannot be overstated. Future discussions will explore personal experiences in trade ownership. titles Navigating the Real Estate Landscape Wealth Building Strategies in Real Estate Understanding the Shift to a Buyer's Market Exploring Passive Income Opportunities Sound Bites "I believe this is episode 103" "You got to figure out that number" "I have to increase annual income" "We blew past our 10 year high here" "Princeton was the fastest growing city" "Plano is becoming quite the hub." "It's been open since 1957." "Knife is an interesting steakhouse." Chapters 00:00Introduction and Recap of Previous Episode 02:24Insights from KW Wealth Mastermind 11:06Exploring Passive Income through Real Estate 15:33Current Market Trends and Buyer Dynamics 23:30Fastest Growing Communities in Collin County 25:25The Rise and Fall of Charles Carrier 29:01The Impact of AI Investments in Plano 33:29Restaurant Closures and Community Impact 42:14Teasing Future Conversations on Trade and Ownership…
n this conversation, Ashton Hines interviews real estate attorney Matthew C. Aycock, discussing the current state of the real estate market, particularly focusing on foreclosure trends, economic indicators, and the implications of rising personal debt. Aycock shares insights on the challenges investors face in a fluctuating market, the importance of understanding FHA loans, and the potential for defaults as economic conditions shift. The discussion also touches on lessons learned from past market crashes and the intricacies of foreclosure processes. In this conversation, the speakers delve into the complexities of foreclosure, the challenges of dealing with messy titles, and the importance of communication in real estate transactions. They discuss the strategies investors can use to navigate these issues, including the significance of understanding legal implications and the necessity of building relationships with industry professionals. The conversation emphasizes the need for clear communication and the potential pitfalls of misrepresenting financial capabilities in contracts. takeaways The real estate market is experiencing rising holding costs and longer days on market. Many investors are overconfident, leading to potential losses. Personal debt levels are at a 20-year high, impacting home buying ability. FHA loans may lead to a significant number of defaults as payment requirements resume. Investors should focus on accurate budgeting and property valuation. Communication with lenders can help avoid foreclosure complications. The market may see a 10-15% price erosion due to economic pressures. Understanding the foreclosure process is crucial for investors. Assumable FHA loans present opportunities for buyers. Past market crashes provide valuable lessons for current investors. The same person who forecloses may reach out to you. Investors should be cautious of tempting deals that seasoned investors pass on. Understanding the quality of work done on properties is crucial. Building relationships with escrow officers can lead to valuable deals. Investors need to learn how to fix messy titles themselves. Communication is key in real estate transactions. Misrepresenting financial capabilities can lead to legal issues. Proof of funds letters can be fraudulent and risky. Deed in lieu can be a better option than foreclosure. Investors should be transparent about their financial capabilities. titles Navigating the Real Estate Landscape Understanding Foreclosure Trends Economic Indicators Impacting Real Estate FHA Loans: Opportunities and Risks Sound Bites "Most people are really poor right now." "You need to watch your numbers." "It's not as easy as it was." "They don't want your house." "It could get expensive" "Those are the kind of deals you want" "You shouldn't have done what they did" "You can sue it you're not, you know" "You have to be capable of paying cash" Chapters 00:00Introduction to Real Estate Challenges 03:06Market Trends and Economic Indicators 06:03Foreclosure Insights and Strategies 09:02Navigating FHA Loans and Assumable Mortgages 12:05The Impact of Economic Conditions on Real Estate 14:58Lessons from Past Market Crashes 18:00Understanding Foreclosure Processes 21:00Final Thoughts and Future Predictions 27:18Navigating Foreclosure Challenges 31:21Understanding Messy Titles and Their Implications 43:29Communication in Real Estate Transactions 46:58Connecting with Experts and Resources…
n this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their journey in real estate, focusing on property tax protests, neighborhood value analysis, and market trends. They share insights on the importance of staging homes for sale and reflect on personal experiences, including a discussion about the evolution of a favorite restaurant, Chewy's. The conversation emphasizes the need for strategic thinking in real estate investments and the significance of understanding local market dynamics. In this conversation, Ashton Hines and Tavis Westbrook discuss various topics related to urban development, retail changes, and the impact of Nvidia's manufacturing initiative on job creation. They delve into the challenges of affordable housing and the complexities of city council decisions. The discussion also covers innovative housing solutions, design trends, and insights into the real estate market, including home tours and the importance of staging in high-value properties. takeaways Ashton reflects on the journey to episode 101. Tavis shares insights on property flipping and market strategies. Understanding property tax protests can empower homeowners. Neighborhood value analysis is crucial for real estate success. Staging homes can significantly impact sale prices. Market trends indicate a decrease in price reductions. The importance of maintaining a steady deal flow in real estate. Personal experiences shape their perspectives on the market. Chewy's restaurant evolution reflects broader market changes. Real estate requires continuous learning and adaptation. Urban development is shifting towards more retail and office spaces. Nvidia's initiative could create hundreds of thousands of jobs in Texas. Affordable housing solutions require creative zoning and reduced red tape. The design of homes can significantly impact their marketability. Staging is crucial for high-value properties to attract buyers. Strong design choices can polarize opinions among potential buyers. The real estate market is influenced by geographical factors and infrastructure development. Innovative housing solutions like ADUs are gaining traction in expensive markets. The conversation around affordable housing is complex and multifaceted. Understanding local market dynamics is essential for real estate success. titles Navigating Real Estate Challenges The Art of Property Tax Protests Understanding Neighborhood Values Market Trends and Insights The Importance of Staging in Real Estate Sound Bites "You don't need a realtor." "You can argue the land value." "This is not equitable." "You don't fail till you quit." "You have to keep the ball moving." "You have to be careful doing that." "New listings are at 18,900." "Staging makes all the difference." "It's not what it used to be." "We need more retail and office space." "We need to warm up this cold design." Chapters 00:00Introduction and Milestones 01:13Real Estate Conversations and Growth Strategies 02:43Understanding Property Tax Protests 10:16Analyzing Neighborhood Values and Comparisons 14:31Market Updates and Trends 22:01Staging and Selling Strategies 28:05Restaurant Reflections and Personal Insights 30:39Urban Development and Retail Changes 32:06Nvidia's Manufacturing Initiative and Job Creation 34:26Affordable Housing Solutions and City Council Challenges 41:15Innovative Housing Solutions and Design Trends 44:02Real Estate Market Insights and Home Tours…
In this special 100th episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook reflect on their journey, celebrating their milestone while discussing past episodes, interviews, and the evolution of their podcast. They share insights from their experiences in real estate, the challenges of podcasting, and the importance of building relationships in the industry. The conversation highlights key lessons learned and influential figures that have shaped their careers, providing valuable takeaways for listeners interested in real estate and entrepreneurship. In this episode, Ashton Hines and Tavis Westbrook discuss the journey of building a comfortable life through perseverance and hard work. They explore the illusion of easy success, particularly in the influencer space, and emphasize the importance of relationships in real estate. The conversation touches on the emotional weight of real estate transactions, the challenges faced, and the significance of learning from mistakes. They celebrate their milestones and discuss future goals, highlighting the transformative power of real estate. takeaways Celebrating the milestone of 100 episodes is a significant achievement. Reflecting on past episodes reveals growth and valuable insights. Consistency in podcasting is crucial for success. Interviews with industry experts provide diverse perspectives. The journey of podcasting involves learning and adapting. Building relationships is essential in real estate. Mistakes are part of the learning process in business. Influential figures can inspire and guide one's career. Real estate flipping requires dedication and hard work. Community support plays a vital role in overcoming challenges. Success is often built on years of hard work and perseverance. The journey to success is rarely as easy as it appears. Influencers often put in significant effort behind the scenes. Building relationships is crucial in the real estate industry. Emotional connections to properties can impact transactions. Learning from mistakes is essential for growth. Navigating challenges is a part of the real estate journey. Transforming properties can create lasting memories. Celebrating milestones helps maintain motivation and focus. It's important to leverage skills and resources effectively. titles 100 Episodes of Real Estate Insights Reflecting on Our Podcast Journey Lessons from 100 Episodes Celebrating Milestones in Real Estate The Evolution of Flipping Houses Sound Bites "100. Can you believe it?" "We've been at it a while." "We did a deep dive into flipping houses." "We've had a lot of awesome interviews." "That's why most people drop out." "It's cool to hear that for sure." "This is really where you cut your teeth." "He was one of the first builders I saw." "It looks easy, but it's not easy." "You only truly fail when you quit." Chapters 00:00 Celebrating 100 Episodes 02:57 Reflecting on Past Episodes and Interviews 06:07 The Journey of Podcasting 09:03 Insights from Real Estate Experiences 11:59 The Evolution of Flipping Houses 14:55 Influential Figures in Real Estate 17:50 Lessons Learned in Business 20:53 Building Relationships in Real Estate 27:37 Building a Comfortable Life Through Perseverance 28:52 The Illusion of Easy Success 30:46 The Reality Behind Influencer Success 32:14 The Importance of Hard Work and Sacrifice 34:23 Leveraging Skills and Resources 36:15 Learning from Mistakes and Moving Forward 37:50 Navigating Real Estate Challenges 40:27 The Emotional Weight of Real Estate Transactions 43:19 Building Relationships in Real Estate 46:29 Transforming Properties and Memories 49:12 Celebrating Milestones and Future Goals…
In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their recent experiences, including personal updates and insights into the real estate market. They delve into the challenges of property management, particularly regarding rental properties, and share lessons learned from their experiences. The conversation also covers current market trends, statistics, and the impact of rising insurance premiums on homeowners. Overall, the episode provides valuable insights for anyone interested in real estate investment and management. In this conversation, Tavis Westbrook and Ashton Hines discuss various aspects of real estate, including the challenges of roofing, the difficulties in finding suitable homes, the success of short-term rentals, and the complexities of scaling home flipping operations. They delve into the importance of effective communication with contractors, the dynamics of deal flow in the real estate market, and the strategies for navigating construction schedules. The discussion highlights the need for adaptability and strategic planning in the ever-evolving landscape of real estate investment. takeaways Ashton and Tavis share personal updates and experiences. The importance of keeping up with LLC requirements. Challenges faced in property management and tenant relations. Lessons learned from rental property experiences. Current market trends indicate increased activity in real estate. Insurance premiums are rising significantly in Texas. The impact of property taxes on homeowners is concerning. The concept of shadow inventory in the housing market. The need for creative insurance solutions in response to rising premiums. The hosts emphasize learning from past mistakes in real estate. Level four impact roofs are built to withstand hail. Finding a suitable home can take years, even for NBA stars. Short-term rentals can provide significant income if managed well. Scaling home flipping operations presents unique challenges. Effective communication with contractors is crucial for project success. Construction scheduling can impact project timelines significantly. Deal flow is essential for successful real estate investment. Understanding market dynamics is key to making profitable offers. Wholesalers often lack experience in flipping houses. Building relationships with agents can lead to more opportunities. titles Navigating the Real Estate Landscape Challenges in Home Flipping The Art of Short-Term Rentals Finding Your Dream Home in a Competitive Market Scaling Your Real Estate Business Sound Bites "I let my LLC lapse." "It's like dealing with the IRS." "Everyone learn from my mistakes." "I can't find a damn house." "He's looking for a compound." "It's not impossible." "Flipping is not scalable." "It's a domino effect." "You could make $35,000." "It's just a sales pitch." "Let's go look at it." Chapters 00:00Introduction and Personal Updates 02:49Real Estate Market Overview 06:05Challenges in Property Management 08:57Lessons Learned from Rental Experience 11:55Current Market Trends and Statistics 14:58Insurance Premium Increases and Market Impact 26:14Roofing Resilience and Challenges 29:05Finding the Perfect Home 31:29Short-Term Rental Success 32:25Scaling Home Flipping Challenges 38:43Navigating Construction and Scheduling 43:05Deal Flow and Market Dynamics…
summaryIn this live stream podcast, Ashton Hines and Tavis Westbrook discuss their experiences in real estate, provide market updates, and analyze current trends. They share insights from property walkthroughs, delve into local news regarding developments, and engage in a discussion about the future of Neiman Marcus in downtown Dallas. The conversation highlights the dynamics of the real estate market, including the balance between buyers and sellers, and the impact of local developments on the community. In this episode, Ashton Hines and Tavis Westbrook discuss the recent closure of Neiman Marcus in downtown Dallas, exploring the implications of this departure on the local economy and retail landscape. They delve into the emergence of new luxury retail experiences, particularly the House of Bauman, which is setting a high bar with its unique offerings and high spending minimums. The conversation shifts to the real estate market in the DFW area, analyzing current trends and challenges faced by sellers in a post-pandemic environment, and providing insights into property valuations and market dynamics. takeaways This is our first live stream. We come to you once a week. We are needing some new guests here. We always talk about the market. Things are taking longer to sell. This price decrease weekly is outweighing the new listings. We are in a seller's market. It's a better demand. Dallas dangles a financially beneficial opportunity. It's almost like Dallas wants it because. Neiman Marcus's departure signifies a shift in downtown retail. The luxury retail market is evolving with new entrants like House of Bauman. High spending minimums reflect a growing demand for exclusive shopping experiences. The DFW real estate market is still adjusting post-pandemic. Sellers are facing challenges with inflated property prices. Economic trends are influencing retail and real estate decisions. The importance of understanding local market dynamics is crucial for buyers and sellers. Custom menswear is gaining traction in the luxury market. Real estate valuations are becoming more complex in the current market. Community engagement is vital for local businesses to thrive. titles Navigating the Real Estate Landscape Insights from a Live Real Estate Podcast Market Trends and Property Insights Exploring Local Developments in Real Estate Sound Bites "This is our first live stream." "We come to you once a week." "We are needing some new guests here." "We always talk about the market." "We are in a seller's market." "Things are taking longer to sell." "It's a better demand." "It's almost like Dallas wants it because." "What's your problem?" Chapters 00:00Introduction to the Live Stream Podcast 03:00Real Estate Experience and Backgrounds 06:03Market Updates and Current Trends 12:02Property Walkthroughs and Insights 15:07Market Analysis and Statistics 18:51Local News and Developments 26:04Discussion on Neiman Marcus and City Development 27:32The End of an Era: Neiman Marcus Departure 30:12Emerging Trends in Luxury Retail 34:00The High-End Experience: House of Bauman 35:31Real Estate Market Insights: What's Your Problem?…
In this episode of the Real Estate Heavyweights Podcast, hosts Ashton Hines and Tavis Westbrook discuss their experiences in the real estate market, focusing on renovation challenges, costs, and current market trends in the DFW area. They share insights on the importance of understanding renovation expenses, the impact of rising labor costs, and the necessity of thorough inspections. The conversation also covers the current state of the DFW real estate market, including trends in home sales, pricing, and inventory levels. In this episode, Tavis Westbrook and Ashton Hines discuss various topics ranging from real estate marketing strategies to the struggles of the Dallas Mavericks. They delve into community reactions to proposed developments, the economic implications of such projects, and the recent store closures of Fossil. The conversation also highlights the success story of Torchy's Tacos, which has transitioned from a food truck to a luxury real estate listing. The episode wraps up with reflections on the future of their podcast and a call to action for listeners. takeaways Ashton Hines and Tavis Westbrook are experienced real estate professionals in the DFW area. Renovation costs are rising, particularly in plumbing and electrical work. Demo work requires careful planning to avoid collateral damage. Understanding the sequence of renovations can save time and money. Labor costs for renovations have increased significantly in recent years. It's essential to prepare for unexpected costs during renovations. The DFW real estate market is currently experiencing fluctuations in home prices. New listings in the DFW area are trending down, which is unusual for spring. Inspection reports can reveal hidden issues that need to be addressed before closing. Successful real estate investing requires a keen understanding of market trends and renovation costs. If you have your marketing together, now's the time to go after expired listings. The Mavericks are struggling under new ownership, affecting their reputation. Community pushback is common against large development projects, even if they promise economic benefits. Proposed developments can generate significant jobs but face local opposition. Fossil is closing a significant number of stores, indicating market challenges. Torchy's Tacos has successfully transitioned from a food truck to a luxury real estate listing. The economic impact of developments can be substantial, but local sentiment often complicates approval. Community members often resist changes that they believe will degrade their neighborhoods. The podcast is approaching a milestone of 100 episodes and aims for increased listener engagement. Listener feedback is appreciated and motivates the hosts to continue producing content. titles Navigating the DFW Real Estate Market Renovation Realities: Costs and Challenges Market Insights: DFW Real Estate Trends The Art of Flipping Houses Understanding Renovation Expenses Sound Bites "We are here." "It's a learning process." "You have to get them on the schedule." "Those are the mistakes that..." "Now's the time to do it." "All the viewership in the NBA is up." "We can't stand for this." "It's a vacant lot growing weeds." "It's projected to generate 9,000 jobs." "This guy is definitely a dude's dude." Chapters 00:00Introduction to the Real Estate Heavyweights Podcast 08:52Understanding Renovation Costs and Challenges 20:08Market Update and Trends in DFW Real Estate 27:25Marketing Strategies for Expired Listings 27:46NBA News and Mavericks' Struggles 29:31Community Pushback Against Development Projects 32:04Economic Impact of Proposed Developments 37:21Fossil's Store Closures and Market Trends 40:16Torchy's Tacos: From Food Truck to Luxury Real Estate 51:14Closing Thoughts and Future Plans https://www.dallasnews.com/business/retail/2025/03/19/richardson-based-fossils-ceo-closing-stores-cutting-staff-as-sales-fall/ https://www.dallasnews.com/news/2025/03/19/irving-planners-green-light-zoning-proposal-for-las-vegas-sands-after-heated-meeting-2/ https://www.dallasnews.com/business/real-estate/2025/03/17/could-dallas-convention-center-move-near-reunion-tower-hunt-realty-presents-plan-to-city/ https://austin.culturemap.com/news/real-estate/torchys-tacos-founder-selling-mansion/ https://www.youtube.com/@TheRealEstateHeavyweights…
In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their recent experiences in the real estate market, including property evaluations, renovation projects, and design trends. They share insights on investment opportunities, the importance of collaboration, and the evolving nature of home design, emphasizing the balance between current trends and timeless aesthetics. In this conversation, Tavis Westbrook and Ashton Hines explore various themes in real estate, including innovative bathroom designs featuring LED mirrors, unique home features, current market trends, crime reduction initiatives in housing, and the growth of housing developments. They also discuss the potential relocation of the Dallas Mavericks and the implications of recent real estate acquisitions. The conversation highlights the ongoing challenges in addressing housing inventory shortages and the evolving dynamics of the real estate market. takeaways Collaboration in real estate can lead to better decision-making. Research is crucial before visiting potential investment properties. Understanding the local rental market is essential for investment success. Design choices can significantly impact property value and appeal. Color trends can influence buyer perception and marketability. Material selection should balance aesthetics and budget constraints. Timeless design elements can enhance property value over time. Being patient with sellers can lead to successful negotiations. Market insights can guide investment strategies effectively. Design trends evolve, and staying updated is key to success. LED mirrors offer a sleek, space-saving design. Unique home features can enhance property value. Market trends indicate a dip in new listings. Crime reduction programs are being implemented in housing. Growth in housing developments is evident in the region. The Dallas Mavericks' potential move raises urban development questions. Recent acquisitions in real estate signal market shifts. Keller Williams is adapting to technological changes. The housing market faces a significant inventory shortage. Regional differences in housing development timelines are notable. titles Navigating Real Estate Collaborations Investment Property Insights Current Trends in Home Renovation Design Trends and Aesthetic Choices Sound Bites "The paneling is coming back." "I think it's going to be cool." "They felt obligated to use all of it." "I think that's what I like about it." "This is like a retrovation." "New listings have gone down." "They have to take these classes." "Everything's growing that way." "Rocket mortgage bought Redfin." Chapters 00:00Introduction and Collaboration in Real Estate 03:01Exploring a Potential Investment Property 06:02Current Projects and Market Insights 09:00Design Considerations in Home Renovation 12:02Color Trends and Design Choices 14:55Material Selection and Design Aesthetics 18:10Balancing Trends and Timelessness in Design 22:28Innovative Bathroom Design with LED Mirrors 23:55Exploring Unique Home Features 26:25Market Trends and Real Estate Insights 28:57Crime Reduction Initiatives in Real Estate 30:34Growth in Housing Developments 31:33Dallas Mavericks and Urban Development 35:05Real Estate Acquisitions and Market Dynamics 38:55Addressing Housing Inventory Shortages…
In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their journey in podcasting, share insights on real estate market trends, client interactions, and the challenges of property management and renovations. They also delve into the current state of property taxes and legislative updates affecting homeowners in the DFW area. In this conversation, Tavis Westbrook and Ashton Hines discuss various topics related to real estate, including property tax controversies, the closure of Neiman Marcus, the vibrant food scene in Dallas with new pizza places, and lessons learned from real estate investing. They delve into the challenges of building new homes and the importance of timing and action in the real estate market. takeaways The podcast has evolved from a nervous start to a more relaxed format. Flexibility in scheduling has been key to their podcasting success. Finding off-market opportunities is crucial in a competitive real estate market. Client interactions often involve educating them on market dynamics. The DFW real estate market is experiencing fluctuations in inventory and pricing. Renovation trends have shifted, allowing for more original features to be retained. Networking with neighbors can lead to unexpected opportunities. Legislative changes regarding property taxes are minimal and often disappointing. Understanding market trends is essential for pricing properties effectively. The importance of adapting strategies based on market conditions is emphasized. Capping property taxes would be beneficial for homeowners. The closure of Neiman Marcus reflects broader market changes. New pizza places are revitalizing the Dallas food scene. Investing in real estate can lead to significant losses if not managed properly. Timing and market conditions are crucial in real estate investments. Building new homes can be profitable but comes with challenges. Experience in real estate helps in making better investment decisions. Understanding the local market is key to successful investments. Networking and building relationships can lead to better opportunities. Action and experience are essential for growth in real estate. titles Navigating the Real Estate Landscape From Podcasting to Property Management Understanding Market Trends in Real Estate Client Interactions and Insights The Future of Property Taxes in DFW Chapters 00:00Introduction and Podcast Journey 04:57Real Estate Insights and Client Interactions 10:04Market Trends and Analysis 18:00Property Management and Renovation Challenges 26:01Property Tax Discussions and Legislative Updates 28:04Property Tax Controversies and Market Changes 30:35Neiman Marcus Closure and City Developments 31:36Food Scene: New Pizza Places in Dallas 38:59Real Estate Investing: Lessons Learned 46:59Building New Homes: Pros and Cons…
https://www.youtube.com/@TheRealEstateHeavyweights https://www.instagram.com/dallasrealestateguy/ https://www.instagram.com/tavis.westbrook/ https://www.dallasnews.com/business/retail/2025/02/27/neiman-marcus-owner-doubles-down-on-closing-downtown-dallas-store/ https://www.dallasnews.com/sports/mavericks/2025/02/27/new-mavs-arena-irving-city-council-weighing-amendments-that-could-woo-team-out-of-dallas/ https://www.wfaa.com/article/news/local/collin-county/kalahari-resort-allen-texas/287-80dd3b0d-5a9a-44fc-89a0-6f7aa50f4a64 In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss their experiences in real estate, including personal stories about motorcycles, ongoing projects, and the complexities of navigating legal issues in property transactions. They also provide insights into the current market trends in the DFW area, emphasizing the importance of understanding local dynamics and pricing strategies. In this conversation, Ashton Hines and Tavis Westbrook delve into various aspects of real estate, focusing on property valuation, renovation costs, market trends, and the implications of land leases. They discuss the potential relocation of the Mavericks, new developments like Kalahari Resorts, and the challenges faced in flipping properties. The dialogue emphasizes the importance of strategic planning and effective communication in managing real estate projects. takeaways Ashton has been a real estate agent for over four years. Tavis shares his passion for motorcycles and the joy of riding. The importance of having legal documents in place for aging parents. Ashton discusses his experience with home renovations and project management. The DFW real estate market is seeing a rise in new listings. Buyers can gain leverage in the current market conditions. Understanding the legal complexities can save time and resources. The hosts emphasize the need for accurate pricing in real estate. They discuss the impact of market trends on property values. Personal stories enhance the relatability of their real estate discussions. Understanding the nuances of property valuation is crucial. Market trends can significantly impact property sales. Land leases can be a profitable but complex arrangement. Staging properties can enhance marketability and appeal. Effective communication with contractors is essential for project success. Renovation costs can often surprise homeowners. The relocation of major sports teams can influence local real estate markets. New developments can reshape community dynamics and property values. Managing multiple projects requires careful scheduling and planning. Flexibility and adaptability are key in real estate management. titles Navigating Real Estate and Life's Adventures Motorcycles and Market Trends: A Real Estate Journey Legal Complexities in Real Estate Transactions From Renovations to Market Updates: Real Estate Insights The DFW Real Estate Landscape: Challenges and Opportunities Sound Bites "This is the best set up because it's cold outside." "You can do living trust or can do things like that." "It's been cool to see it from beginning to end." "I'm the Dallas real estate guy." "It's still a good number if he takes my number." "It's just that he was advised very bad information." "Heck yeah. But that's a value of your opinion." "It's not rocket science, but people get offended." "Land leases are very popular and very profitable." "You could be the next Neiman Marcus visionary." "Just get in there, get out, be done with it." Chapters 00:00Introduction to Real Estate Journeys 03:02Motorcycle Adventures and Personal Stories 06:08Real Estate Projects and Challenges 12:00Navigating Legal Complexities in Real Estate 18:02Market Update and Trends in DFW Real Estate 26:16Navigating Property Valuation and Renovation Costs 30:45The Impact of Market Trends on Real Estate 35:08Understanding Land Leases and Their Implications 37:34Potential Relocation of the Mavericks 40:55Kalahari Resorts and New Developments 42:35Challenges in Flipping Properties 57:21Closing Thoughts and Future Plans…
summaryIn this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss various topics related to real estate, including the challenges posed by cold weather on construction, the intricacies of real estate transactions, and the concept of short sales. They provide a market update for the Dallas-Fort Worth area, highlighting trends in home prices and sales activity. Additionally, they touch on local news, including the closure of Neiman Marcus's downtown store, and discuss the rising costs of construction and real estate. In this conversation, Ashton Hines and Tavis Westbrook delve into the complexities of real estate investment, particularly focusing on midterm rentals and the financial challenges associated with them. They discuss the current rental market dynamics, the importance of cash flow, and the strategies for managing risks with furnished rentals. The conversation also touches on unique property features that appeal to specific demographics, such as car enthusiasts, and the evolving methods of tenant acquisition in a competitive market. takeaways Cold weather impacts construction schedules and processes. Transaction coordinators can help streamline real estate deals. Circle prospecting is a valuable tool for finding new opportunities. Short sales involve selling a property for less than what is owed to the bank. The short sale process can be lengthy and complex. Real estate prices in DFW are on a downward trend. Neiman Marcus is closing its downtown store after 100 years. New construction costs are rising, affecting entry-level home prices. Understanding construction costs is crucial for real estate investors. Communication with agents is key to successful negotiations. You have to have other outs in real estate investments. Understanding the rental market dynamics is crucial for success. Midterm rentals can provide flexibility and financial benefits. Cash flow analysis is essential for evaluating rental properties. Tenant acquisition strategies are shifting towards platforms like Airbnb. Managing risks with furnished rentals requires careful consideration. Unique property features can attract specific tenant demographics. Financial challenges in real estate require a proactive approach. Occupancy rates can significantly impact overall profitability. Networking and referrals are key in the real estate business. titles Navigating Cold Weather Challenges in Real Estate The Ins and Outs of Real Estate Transactions Demystifying Short Sales in Real Estate Current Trends in the DFW Real Estate Market Sound Bites "It's cold, cold." "It's a dance." "I know he appreciates it." "You have to have other outs." "We're hopeful, we're optimistic." "The gap in the amount of rent is huge." "It's just a hard business to track." "There's a lot more potential for cost." "What a cool house!" Chapters 00:00Introduction and Weather Challenges 02:59Real Estate Transactions and Challenges 06:03Understanding Short Sales 09:56Market Update and Trends 12:46Local News and Business Changes 20:07Construction and Real Estate Costs 26:37Navigating Financial Challenges in Real Estate 29:26Understanding Rental Market Dynamics 31:49Analyzing Midterm Rental Strategies 34:37Evaluating Cash Flow and Occupancy Rates 36:57Shifts in Tenant Acquisition Strategies 39:16Managing Risks with Furnished Rentals 40:31Exploring Unique Property Features for Car Enthusiasts…
summaryIn this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their experiences in real estate, focusing on commercial property management challenges, current renovation projects, market insights, and the implications of short-term rental regulations in Dallas. They share personal anecdotes, strategies for managing properties, and insights into the evolving real estate market. In this episode, Tavis Westbrook and Ashton Hines discuss the legacy of the Dallas Mavericks, particularly focusing on Dirk Nowitzki and Luka Doncic. They explore the implications of recent trades and the future of the team. The conversation then shifts to legal issues surrounding squatters' rights in Texas, highlighting the challenges property owners face. They also analyze the impact of the NAR lawsuit on real estate commissions, noting minimal changes in commission rates. Finally, they delve into design trends in luxury real estate, comparing various properties and discussing modern design elements. takeaways Ashton Hines transitioned from a physical therapist to a real estate investor. Tavis Westbrook has over 20 years of experience in real estate with numerous flips and rentals. Managing commercial properties can present unique challenges, especially with maintenance issues like roof leaks. It's essential to complete most trades before installing new flooring to protect the investment. Renovation costs can escalate quickly, especially in larger homes with outdated cosmetics. Understanding the local market dynamics is crucial for successful property investment. Circle prospecting can be an effective strategy for finding new listings. The current market shows a significant increase in days on market, indicating a shift in buyer behavior. Short-term rental regulations in Dallas are a contentious issue, balancing property rights and community concerns. Property owners are often willing to comply with regulations if it means eliminating bad actors. The Mavericks have a unique legacy with Dirk Nowitzki. Luka Doncic's future with the Mavericks is uncertain. Squatters rights present significant legal challenges for property owners. Texas is taking legislative action to address squatters rights. The NAR lawsuit has led to minimal changes in real estate commissions. Luxury real estate design trends reflect a mix of modern and traditional styles. The conversation highlights the importance of understanding real estate laws. Design elements in luxury homes can be replicated in more affordable properties. The hosts emphasize the need for innovative design in high-end real estate. The podcast is approaching its 100th episode, marking a significant milestone. titles Navigating the Real Estate Landscape Commercial Property Management Challenges Renovation Strategies for Success Understanding Market Dynamics The Future of Short-Term Rentals in Dallas Sound Bites "I made a huge mess!" "The roof will eat up like two years worth." "Can we just stop the leak in that unit?" "It's a new journey for me regarding that piece." "It's kind of a weird house." "Nobody has done what Dirk has done." "This is my style of house." "Why have two kitchens?" "I would make it an awesome hotel lounge bar." "We're closing in on 100." "Please have a great day." Chapters 00:00Introduction to Real Estate Heavyweights 02:50Challenges of Commercial Property Management 07:11Current Renovation Projects and Strategies 12:50Market Insights and Buyer Strategies 23:35Short-Term Rental Regulations in Dallas 28:47Mavericks' Legacy and Future 36:02Squatters Rights and Legal Challenges 40:11Impact of NAR Lawsuit on Real Estate Commissions 54:35Design Trends in Luxury Real Estate Homes in the Episode: https://www.zillow.com/homedetails/6018-Rose-Grove-Ct-Dallas-TX-75248/26876539_zpid/ https://www.zillow.com/homedetails/1405-Ridge-Cir-Roanoke-TX-76262/250155651_zpid/ Youtube Channel: https://www.youtube.com/@TheRealEstateHeavyweights https://www.redfin.com/news/agent-commissions-expensive-affordable-q4-2024/ https://www.newsweek.com/texas-announces-action-against-squatters-2025665…
In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss personal growth through daily habits, the challenges of home renovation, and the importance of quality in home improvements. They analyze current market trends, the impact of political changes on real estate, and community concerns following recent fires in California. The episode also covers local developments, including a significant land purchase for a state park, and concludes with an analysis of a potential flip property, emphasizing the mentality behind successful renovations. In this episode, Ashton Hines and Tavis Westbrook delve into the intricacies of property flipping, focusing on renovation budgets, essential tasks, property evaluations, and the importance of analyzing comparable properties. They discuss the significance of understanding renovation costs, identifying necessary improvements, and calculating the maximum allowable offer for potential investments. The conversation emphasizes the need for thorough property assessments and strategic planning to ensure successful real estate ventures. takeaways Making your bed daily can boost productivity. Small accomplishments can set a positive tone for the day. Quality contractors are essential for successful renovations. Market trends indicate a decrease in housing supply. Political changes can significantly impact real estate markets. Community and environmental issues are important in real estate. Local developments can enhance community value. Understanding market dynamics is crucial for investors. A bad flip can stem from poor planning and execution. The mentality of investors can influence renovation outcomes. Understanding renovation budgets is crucial for successful flipping. Essential tasks include painting, flooring, and updating fixtures. Evaluating property condition helps in determining renovation needs. Analyzing comparable properties aids in setting realistic ARVs. Calculating the maximum allowable offer is key to making profitable investments. Landscaping is often overlooked but essential for curb appeal. Always start with major repairs before cosmetic upgrades. Photos should accurately represent the property's condition. Renovation costs can vary significantly based on the scope of work. Strategic planning and research are vital for real estate success. titles Morning Motivation and Personal Growth in Real Estate Challenges in Home Renovation and Solutions The Importance of Quality in Home Improvements Market Trends: Supply and Demand Dynamics Political Changes and Their Impact on Real Estate https://www.redfin.com/blog/housing-market-under-trump/ https://www.dallasnews.com/news/texas/2025/01/14/one-of-texas-most-popular-state-parks-to-double-in-size-following-adjacent-land-purchase/ https://www.dallasnews.com/news/2025/01/14/dallas-developers-malibu-home-destroyed-in-california-wildfires/ https://www.youtube.com/@TheRealEstateHeavyweights https://ashtonhines.kw.com/ https://www.facebook.com/hinestein https://www.facebook.com/tavis.westbrook…
In this conversation, Ashton and Tavis reflect on their holiday experiences, discuss the challenges posed by winter weather, and share insights from their construction projects. They also delve into real estate market trends, industry news, and the importance of preparing homes for cold weather. The discussion highlights personal anecdotes, professional experiences, and practical advice for homeowners and investors alike. In this engaging conversation, Ashton Hines and Tavis Westbrook delve into various aspects of home improvement, focusing on preparation for winter freezes, the intricacies of home foundations, and the exploration of unique properties. They discuss practical tips for managing plumbing systems during cold weather, innovative design features in luxury homes, and the importance of creating inviting spaces for relaxation and conversation. The dialogue is rich with insights on energy efficiency, renovation challenges, and the excitement of upcoming projects in the real estate market. takeaways December was a busy month for both hosts. Cruising in the Caribbean was a refreshing experience. Cold weather in Dallas has posed unique challenges. Home maintenance is crucial during extreme weather. Construction projects provide valuable learning opportunities. Real estate market trends show a decrease in inventory. Understanding home construction can prevent costly mistakes. Proper insulation is vital for winter preparedness. Industry news highlights ongoing challenges in property management. Preparation for winter weather can save homeowners from damage. Digging through trash can lead to unexpected finds. Peer and beam foundations have unique challenges. Winter preparation is crucial for home maintenance. Insulation choices can impact energy efficiency. Managing water systems is vital during cold weather. Unique properties can offer exciting design opportunities. Innovative bathroom features can enhance luxury homes. Creating inviting spaces is essential for modern living. Future projects can bring new opportunities in real estate. Understanding plumbing systems can prevent costly repairs. titles Holiday Adventures and Family Stories Weathering the Winter: Home Maintenance Tips Construction Lessons Learned: A Personal Journey Real Estate Market Insights for 2023 Sound Bites "December was kind of a blur." "I think it's a really good idea." "We need a camera crew video on that." "I know it's here. So we found it." "It's super cozy. It's all insulated." "This has to be an uptown, guessing." "It's a $3,000 setup right here." "We're like real radio stars now." Chapters 00:00Holiday Reflections and Family Adventures 02:59Weather Challenges and Home Maintenance 05:53Construction Insights and Learning Experiences 12:06Market Trends and Real Estate Updates 17:53News and Industry Developments 25:00Preparing Homes for Winter Weather 32:23Digging Through the Past 33:27Understanding Home Foundations 36:18Preparing for Winter Freezes 39:58Managing Water Systems During Cold Weather 44:04Exploring Unique Properties 48:40Designing Luxurious Spaces 51:35Innovative Bathroom Features 58:20Looking Ahead to Future Projects…
In this episode of the Real Estate Heavy Weights Podcast, hosts Ashton Hines and Tavis Westbrook discuss personal updates, including Tavis's upcoming cruise and ongoing house renovations. They provide a market update on the DFW real estate trends, highlighting a balanced market and changes in supply and demand. The conversation shifts to local developments, including Pizza Hut's new concept in Plano. Finally, they delve into the recent indictment of Nicole Espinoza, known as the 'Short Sale Queen,' discussing the implications of her charges and the intricacies of short sales in real estate. In this conversation, Tavis Westbrook and Ashton Hines delve into the complexities of short sales in real estate, discussing the challenges faced by agents and the implications of misconduct. They explore the personality traits that drive success in the industry, the consequences of unethical behavior, and the broader impact on the real estate community. The discussion also touches on luxury real estate trends, highlighting a stunning $6 million property and the design elements that make it stand out. takeaways The DFW real estate market is currently balanced with a slight downward trend in supply. Personal presence on job sites can lead to better outcomes in renovations. Short sales involve negotiating with banks to sell properties for less than owed. Nicole Espinoza's indictment highlights the risks of fraud in real estate transactions. Pizza Hut is adapting to consumer demands with a new drive-through concept. The average days on market for homes in DFW is trending upwards. Understanding the process of short sales is crucial for real estate professionals. Local developments, like the new Pizza Hut concept, reflect changing consumer preferences. Maintaining communication with contractors is essential to avoid delays in projects. The importance of being informed about market trends can aid in better investment decisions. Understanding the dynamics of short sales is crucial. Personality traits can significantly influence success in real estate. Misconduct in real estate can have severe consequences. The perception of real estate investors can be negatively affected by a few bad actors. Luxury real estate trends are evolving with unique design elements. Navigating the real estate landscape requires awareness and caution. Investors should seek counsel when uncertain about deals. Short sales can provide a fresh start for sellers facing foreclosure. The luxury market is seeing innovative designs that mimic high-end hotels. Real estate investing is complex and requires thorough understanding. titles Chapters 00:00Introduction and Personal Updates 09:42Market Update: DFW Real Estate Trends 18:38Nicole Espinoza's Indictment: A Deep Dive into Short Sales 30:30Understanding Short Sales and Their Challenges 36:02The Consequences of Misconduct in Real Estate 44:07Exploring Luxury Real Estate Trends Nicole Espinoza "The Short Sale Queen" Indictment: https://www.justice.gov/usao-edtx/pr/self-proclaimed-short-sale-queen-and-associates-indicted-federal-mortgage-fraud-scheme https://www.zillow.com/homedetails/3294-Santa-Bella-Dr-Frisco-TX-75034/338524405_zpid/…
DFW Corporate Retreats discussed in show: https://portal.onehome.com/en-US/share/1345526I00182 Articles Mentioned in show: https://www.dallasnews.com/business/real-estate/2024/11/01/builders-sign-on-next-steps-in-sight-for-massive-southern-dallas-mixed-use-development/ https://www.dallasnews.com/business/real-estate/2024/11/01/texas-buys-two-ranches-near-border-including-massive-350000-acres-near-big-bend/ https://www.dallasnews.com/business/real-estate/2024/10/29/dr-horton-plunges-as-homebuilder-says-buyers-taking-a-pause/ https://therealdeal.com/texas/dallas/2024/11/05/voters-could-approve-frisco-arts-center-spur-development/ In this episode, Ashton Hines and Tavis Westbrook discuss exciting developments in their real estate podcasting journey, including potential studio upgrades and live streaming. They share insights from recent property walks, highlighting unique features and challenges in the market. The conversation shifts to navigating tenant evictions, with Ashton detailing his experience with a constable. They also explore strategies for building a successful real estate business and provide a market update, discussing the impact of the recent presidential election on real estate. Finally, they touch on significant developments in Dallas real estate, including notable acquisitions and renovations. In this conversation, Ashton Hines and Tavis Westbrook discuss various real estate developments in Southern Dallas, including new housing projects and the potential for grocery store expansion. They also touch on significant land purchases by the Texas Railroad Commission, the ambitious proposal for a $340 million theater complex in Frisco and Prosper, and unique corporate retreat listings in the DFW area. The conversation concludes with a humorous mishap regarding a real estate listing price adjustment. takeaways The podcast may be moving to a new studio setup. Live streaming could enhance audience engagement. Recent property walks revealed unique challenges. Tenant evictions can be complex and require careful planning. Building a real estate business requires a solid pipeline. Market conditions are influenced by political events. Interest rates are a key factor in real estate dynamics. Dallas is experiencing significant real estate developments. Networking and education are crucial for success in real estate. Understanding local market trends is essential for investors. Southern Dallas is seeing significant real estate development. The Texas Railroad Commission plays a crucial role in land transactions. Frisco and Prosper are proposing a $340 million theater complex. Unique corporate retreats are being marketed in the DFW area. Real estate listings can sometimes lead to humorous mishaps. Investors are looking for opportunities in Southern Dallas. The importance of local knowledge in real estate investment. Market fluctuations can impact builder stock prices. Community investments in schools and facilities are on the rise. The podcast hosts share their experiences in real estate. titles Real Estate Podcasting: New Horizons Ahead Exploring Unique Properties: Insights from the Field Tenant Challenges: Navigating Evictions in Real Estate Building a Real Estate Empire: Strategies for Success Sound Bites "We're trying to expand a little bit." "I got an exciting call last night." "I probably should record it." "There's never been a huge pipeline." "We want HEB right here." "$340 million theater complex proposal." "This place is great." "They had to adjust the price." "We do this every Friday." Chapters 00:00Exciting Developments in Real Estate Podcasting 03:10Insights from Recent Property Walks 06:03Navigating Tenant Evictions and Challenges 08:58Building a Real Estate Business: Strategies and Systems 11:59Market Update: Election Impact on Real Estate 20:47Dallas Real Estate News and Developments 25:19Exploring Southern Dallas Development 30:12Texas Land Purchases and the Border Wall 33:52Frisco and Prosper's Ambitious Theater Project 38:03Unique Corporate Retreat Listings 46:08A Hilarious Listing Mishap…
n this conversation, Ashton Hines and Tavis Westbrook discuss various topics ranging from local weather conditions affecting marching band practices to a recent fire incident at a marina. They delve into the competitive landscape of high school marching bands, share insights on real estate, including house walkthroughs and renovation strategies, and analyze current market trends. The discussion highlights the importance of financial strategies in real estate investments and concludes with reflections on the challenges faced by listing agents in today's market. In this conversation, Tavis Westbrook and Ashton Hines discuss various aspects of the real estate market, including effective strategies for selling homes, the significance of staging, emerging trends, and the impact of local amenities. They also touch on the closure of popular restaurants and analyze a unique mid-century inspired home, highlighting its design elements and market potential. takeaways The top marching bands in the country are ranked nationally. Local weather can significantly impact community events and practices. Fire incidents can have a profound effect on local businesses and communities. Walking through houses provides valuable insights for real estate investments. Renovation strategies should include a buffer for unexpected costs. Understanding market trends is crucial for successful real estate transactions. Financial discipline is key when underwriting real estate deals. Community connections can lead to new business opportunities. The importance of quality renovations in increasing property value. Listing agents face challenges in a fluctuating market. Taking a home off the market for a reset can be beneficial. Staging a home is crucial for attracting buyers. Emerging trends indicate a rise in pocket listings. DFW is ranked as the top market for real estate potential. Innovative amenities in communities may not be fully utilized. Restaurant closures reflect changing consumer habits post-COVID. Mid-century inspired homes can blend modern and classic design elements. Natural light is a key feature in mid-century architecture. The importance of a clean and simple design in home aesthetics. Feedback from listeners is valuable for improving the show. titles Marching to the Beat: Band Competitions and Community Spirit From Fire to Foundations: A Marina's Resilience Real Estate Realities: Insights from the Field Navigating Renovations: Lessons from House Walkthroughs Market Movements: Understanding Days on Market Sound Bites "It looked really, really bad." "It's like, what do you do?" "It's good to be in the green." "Take it off. Let it rest 30 days." "What are you doing to stand out?" "Is it staged?" "It's a Zillow for pocket listings." "Do you think they really get used?" "This is Tavis's house." "It's a mid-century inspired home." "They did a really good job." Chapters 00:00Introduction and Local Weather Updates 02:57Marching Band Rankings and Competition 06:11Marina Fire Incident and Community Impact 08:52Real Estate Insights and House Walkthroughs 12:01Renovation Strategies and Lessons Learned 14:59Market Trends and Days on Market Discussion 17:58Underwriting and Financial Strategies in Real Estate 20:57Closing Thoughts and Future Market Outlook 32:25Strategies for Selling Homes Effectively 34:55The Importance of Staging in Real Estate 36:14Emerging Trends in Real Estate 38:40Innovative Amenities in Master-Planned Communities 44:49The Impact of Restaurant Closures on Local Economy 49:03Analyzing a Unique Mid-Century Inspired Home https://www.realtor.com/realestateandhomes-detail/6715-Joyce-Way_Dallas_TX_75225_M86146-53565…
summaryIn this conversation, Ashton Hines and Tavis Westbrook discuss their experiences in the real estate market, focusing on home renovations, staging, and the importance of being present during photo shoots. They share insights on current market conditions, challenges faced in property sales, and the significance of school districts in determining property values. The conversation also touches on upcoming interviews and lessons learned from past mistakes in real estate investments. takeaways The importance of proper planning for home staging and renovations. Being present during photo shoots can significantly impact the outcome. Market conditions are constantly changing, requiring adaptability. Understanding school districts is crucial for property valuation. Communication with contractors is key to successful project completion. Price adjustments may be necessary to attract buyers in a competitive market. Real estate investments come with risks that need to be managed. Learning from past mistakes can lead to better decision-making in the future. Networking and building relationships can open new opportunities. Staying informed about market trends is essential for success in real estate. titles The Art of Staging: Making Homes Market-Ready Market Updates: Adapting to Changing Conditions Sound Bites "I need to get back to doing the intros." "You staged a house yesterday." "Make sure you got your serial number." Chapters 00:00Introduction and Plans for the Day 02:57Challenges in Home Renovation and Staging 05:59The Importance of Being Present for Photo Shoots 09:01Market Updates and Buyer Insights 12:04Upcoming Interviews and Real Estate Trends 14:58Current Market Conditions and Price Adjustments 18:00Navigating School Districts and Property Values 21:00Lessons Learned from Mistakes in Real Estate https://www.fox4news.com/news/dak-prescott-prosper-mansion-reaction…
Crazy Anna Air BNB keywordsreal estate, buyer's market, home inspection, Halloween, market trends, property flipping, buyer expectations, personal news, career transition, home renovation, real estate, growth, Arlington, remote work, Airbnb, Texas, industry updates, self-driving shuttles, commercial real estate, community investment summaryIn this conversation, Ashton Hines and Tavis Westbrook discuss various topics related to real estate, including the challenges of navigating a buyer's market, the intricacies of home inspections, and the expectations of buyers in today's market. They also touch on personal updates, including Ashton's decision to fully commit to real estate after a period of uncertainty. In this episode, Tavis Westbrook and Ashton Hines discuss various topics related to personal growth, the real estate industry, exciting developments in Arlington, the future of work, and a unique Airbnb listing. They celebrate Ashton's transition into a new role and share insights on the challenges and opportunities in the real estate market. The conversation also touches on the implementation of self-driving shuttles in Arlington and concludes with a fun review of an extravagant Airbnb property in Anna, Texas. takeaways Technical issues can happen even after a year of recording. The weather can greatly affect events like Halloween. Neighborhoods can have strong traditions around Halloween. In a buyer's market, buyers may ask for more concessions. Home inspections can reveal issues that buyers may not understand. Buyers often have unrealistic expectations based on cosmetic renovations. Understanding the market trends is crucial for real estate success. Personal connections can help ease buyer concerns during negotiations. It's important to manage emotions during the negotiation process. Transitioning careers can be challenging but rewarding. I'm proud of you. It's exciting to see. There's nothing wrong with being really good at what you do. This is a huge moment. I'm really excited about it. Arlington is trying out self-driving shuttles. This looks like they really made a lot of effort. The real estate industry is evolving with new leadership. Community investment is crucial for real estate growth. The future of work is leaning towards hybrid models. Unique properties can enhance the experience of retreats. Self-driving technology is being tested in urban areas. titles Home Inspections: What Buyers Really Want Embracing Change: A New Chapter in Real Estate Insights on the Future of Work Celebrating Growth in Real Estate Sound Bites "Our pet's heads are falling off." "It's turning into a buyer's market." "This is a nice house, but..." "I'm proud of you. It's exciting to see." "There's nothing wrong with being really good at what you do." "This is a huge moment. I'm really excited about it." Chapters 00:00Technical Difficulties and Halloween Plans 03:00Navigating the Buyer’s Market 05:55Inspection Insights and Buyer Expectations 08:54Understanding Buyer Requests 11:59Market Trends and Buyer Behavior 14:59Personal News and Career Transition 29:47Celebrating Growth and Transitions 31:34Real Estate Industry Updates 34:20Exciting Developments in Arlington 41:25The Future of Work: Remote vs. In-Office 45:23Unique Airbnb Listing: Retreat Anna…
In this celebratory episode marking one year and 75 episodes of the podcast, hosts Ashton Hines and Tavis Westbrook reflect on their journey, discuss the current real estate market, share insights on open houses, client interactions, and property valuation, and explore unique property listings. They also touch on community development news and strategies for flipping houses, emphasizing the importance of adaptability in the ever-changing real estate landscape. takeaways Celebrating one year and 75 episodes is a significant milestone. The podcast has evolved and adapted over the year. Open houses can lead to potential clients, even if not immediate. Client feedback is crucial for improving real estate strategies. Market analysis is essential for accurate property valuation. Timing the market can impact flipping strategies. Community development plays a role in real estate opportunities. Unique property listings can attract specific buyers. Understanding local news can inform real estate decisions. Building relationships in real estate is key to long-term success. titles The Evolution of a Real Estate Podcast Flipping Houses: Strategies for Success Sound Bites "Happy anniversary, Tavis." "It's been a great journey." "One year, it's a big deal." Chapters 00:00Celebrating Milestones: One Year and 75 Episodes 02:55Reflecting on the Podcast Journey 06:03Real Estate Market Insights and Open Houses 08:55Navigating Client Interactions and Feedback 11:54Market Analysis and Property Valuation 15:51Flipping Strategies and Market Timing 23:52Community Development and Local News 33:06Unique Property Listings and Market Trends…
In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook interview mortgage expert Brian Beatty. They discuss various mortgage products, the underwriting process, and the importance of pre-approval. Brian shares insights on current market trends, the impact of buyer agent commissions, and strategies for buyers to prepare for loans. The conversation emphasizes the need for professional guidance in navigating the mortgage landscape and offers valuable tips for both agents and buyers. takeaways Brian Beatty has been in the mortgage industry since 2003. Understanding different mortgage products is crucial for buyers. The underwriting process can significantly affect loan approval times. Pre-approval is essential for buyers to understand their financial standing. Buying points can lower monthly payments but requires careful consideration. Current mortgage rates have decreased significantly from their peak. First-time homebuyers are a significant portion of the market. Communication between agents and loan officers is vital for smooth transactions. The housing market is influenced by economic factors and buyer behavior. Educating buyers on historical interest rates can help them make informed decisions. titles Closing Thoughts with Brian Beatty The Underwriting Process Demystified Sound Bites "I'm a fire preventer." "There's hundreds of mortgage products out there." "Get them to a professional loan officer ASAP." Chapters 00:00Introduction to the Real Estate Heavyweights Podcast 02:30Understanding Mortgage Products 08:51The Underwriting Process Explained 12:14Navigating Loan Applications and Consultations 15:44Buying Points vs. Price Discounts 18:46Current Market Trends and Rate Predictions 19:25Preparing Buyers for Loans 21:53The Importance of Pre-Underwritten Approval 26:01The Impact of Buyer Agent Commissions 30:24The Future of the Housing Market 34:56Closing Thoughts and Contact Information…
summary In this engaging conversation, Ashton Hines and Tavis Westbrook catch up on personal life updates, including health issues and family matters, before diving into their recent successes in real estate. They discuss the current market dynamics, challenges faced in transactions, and the exciting news of Michelin stars coming to Texas. The conversation wraps up with travel plans and experiences, highlighting the vibrant culture and dining scene in Texas. takeaways Ashton is brand loyal to specific clothing brands. Karen recently had a kidney stone and surgery. Ashton successfully closed on a property in Keller. The real estate market is currently experiencing a plateau. Navigating the current market is challenging for agents. Michelin stars are finally coming to Texas restaurants. Ashton shares his experiences with real estate transactions. Tavis discusses the challenges of showing properties in the current market. The conversation touches on exciting dining developments in Texas. Travel plans to New Orleans and San Antonio are discussed. titles Michelin Stars Coming to Texas A Deep Dive into the DFW Market Sound Bites "I am very brand loyal." "Karen had a kidney stone." "We closed on Keller." Chapters 00:00Casual Catch-Up and Life Updates 03:03Real Estate Success Stories 06:12Navigating the Current Market 14:58Challenges in Real Estate Transactions 20:54Exciting Developments in Texas Dining 30:02Upcoming Travel Plans and Experiences…
n this conversation, Ashton and Ben discuss various topics related to their day-to-day real estate business. They talk about the current weather, their personal routines, and their business strategies. Ben shares his four pillars of business, which include working with clients, marketing to his farm area, hosting client appreciation events, and receiving agent-to-agent referrals. They also discuss the real estate market, including the increase in home values and the increase in inventory. Ashton emphasizes the importance of educating buyers and sellers about the long-term value of real estate and the benefits of working with a knowledgeable agent. In this conversation, Ashton and Ben discuss various topics including restaurants, real estate, and upcoming events in the DFW area. They talk about their favorite restaurants and the importance of dressing appropriately when dining out. They also discuss the growth and development happening in the DFW area, including the expansion of DFW airport and the construction of high-end apartments near Globe Life Park. Ben shares his insights on the real estate market and predicts a positive outlook for the future. They end the conversation by encouraging listeners to connect with them on social media and subscribe to their podcast. keywordsreal estate, business strategies, client appreciation, market update, home values, inventory, restaurants, real estate, DFW area, growth, development, DFW airport, high-end apartments, real estate market takeaways Consistency and dedication are key to success in the real estate business. Educating buyers and sellers about the long-term value of real estate is important. The real estate market is experiencing an increase in home values and inventory. Negotiation skills and the ability to have difficult conversations are essential for agents. Building relationships and providing exceptional service are crucial for success in the industry. Choosing the right restaurant is important for a great dining experience DFW airport is expanding and will potentially have a presence from Southwest Airlines The DFW area is experiencing growth and development in various sectors The real estate market is expected to improve in the coming years Connect with Ashton and Ben on social media and subscribe to their podcast titles The Art of Negotiation in Real Estate Market Update: Increase in Home Values and Inventory Connect with Ashton and Ben The Future of the Real Estate Market Sound Bites "Consistency and dedication are key to success in the real estate business." "Educating buyers and sellers about the long-term value of real estate is important." "The real estate market is experiencing an increase in home values and inventory." "What is your go-to restaurant in the DFW area?" "Guys are like they walked off the golf course" "I want the experience to be so positive that they don't hesitate to refer me" Chapters 00:00Introduction and Weather 01:59Day-to-Day Business and Current Success 04:10Upcoming Jazz Event and Marketing Strategies 09:16Top Agents at DPR and Goal Setting 12:11Creating Unique Experiences for Clients 17:08Negotiation and the Art of Winning 20:02Market Update: Home Values and Inventory 25:04Educating Buyers and Sellers about Long-Term Value 30:32The Importance of Negotiation Skills 32:16Building Relationships and Providing Exceptional Service 34:11Exploring the Dining Scene 38:38Growth and Development in the DFW Area 41:48Creating Memories and Enjoying Life 56:08The Future of the Real Estate Market 57:53Connect with Ashton and Ben…
In this conversation, Tavis and Ashton discuss their upcoming trips and current real estate projects. They talk about the importance of getting enough sleep and planning ahead for travel. Ashton shares his plans to do an episode with someone else while Tavis is away. They also discuss the progress of their real estate flips and the challenges they face. Ashton talks about a property in Keller that received multiple offers and went over asking price. They also discuss the benefits and challenges of flipping properties and the importance of having multiple streams of income in real estate. In this conversation, Tavis and Ashton discuss various topics including the power of mindset, a market update in the DFW area, the development of a new entertainment venue called Cosm, a lawsuit against RealPage for colluding to raise rents, and the development of a neighborhood around South Fork Ranch. They also mention the importance of video content and encourage listeners to like, subscribe, and share their podcast and YouTube videos. keywordstravel, sleep, real estate, flips, countertops, floors, financing, cash offers, listing, market, education, stress, routine, income, MLS, new agents, momentum, mindset, market update, DFW area, entertainment venue, Cosm, lawsuit, RealPage, South Fork Ranch, neighborhood development, video content takeaways Getting enough sleep and planning ahead for travel is important to avoid exhaustion. Flipping properties can be stressful and it's important to have multiple streams of income. Listing a property as improved land can attract more interest and potentially lead to higher offers. Having a routine and focusing on traditional real estate deals can provide a steady income while pursuing flips. The real estate market can vary in different areas, and it's important to adapt strategies accordingly. Education and learning from experiences are valuable in the real estate industry. Having a strong network and building relationships with other agents can lead to more opportunities. Maintaining momentum and staying active in the market can lead to success in real estate. The power of mindset and how it can impact productivity and success A market update in the DFW area, including high inventory levels and average days on the market The development of a new entertainment venue called Cosm, which offers immersive experiences A lawsuit against RealPage for colluding to raise rents in multiple states The development of a high-end neighborhood around South Fork Ranch The importance of video content in reaching and engaging with an audience titles Updates on Real Estate Flips and Projects The Importance of Sleep and Planning for Travel Harnessing the Power of Mindset The Importance of Video Content Sound Bites "Last time we went to Mexico, I was running on 45 minutes of sleep, so I'm trying to avoid that this time." "So I know you've got some flips going. You sent me a couple pictures of tile." "We ended up getting three offers within 24 hours." "What's top of your mind or what you're thinking about is what you start seeing and you start attracting." "Quit eating out. Find the best producers and just do more than them. It's a numbers game." "We're at a 10 year high on inventory. It's an interesting thing." Chapters 00:00Planning for Travel 08:53Multiple Offers on a Property 13:12Challenges of Financing and Flipping 16:21The Desire to Flip Properties 19:11The Importance of Multiple Income Streams 24:53Reflecting on Progress and Growth 37:28Introducing Cosm: An Immersive Entertainment Venue 43:05Lawsuit Against RealPage for Rent Price Collusion 46:51Developing a High-End Neighborhood around South Fork Ranch…
We talk about Tavis's 20 year in Dallas real estate party, we then transition to talking about our sons going off to college and their future plans. The conversation then shifts to the new rules implemented by the NAR regarding advertising commissions on the MLS. They discuss the impact of these rules on the real estate market and the challenges it presents for agents. They also touch on the current state of the market and the unpredictability of buyer activity. The conversation covers various topics including negotiating commissions in real estate transactions, the complexity of listing agreements, and the challenges of navigating buyer's agent commissions. They also discuss the acquisition of popular restaurant chains by larger franchises. In terms of the real estate market, they mention the increasing inventory and the potential impact of the upcoming school season on home sales. keywordsparties, celebrations, college, future plans, NAR rules, advertising commissions, real estate market, buyer activity, real estate, commissions, listing agreements, buyer's agent, restaurant chains, inventory, home sales takeaways Parties and celebrations can bring people together and create lasting memories. Sending children off to college is a bittersweet moment for parents. The new NAR rules regarding advertising commissions on the MLS have created challenges for agents. The real estate market has become unpredictable, with slower buyer activity in some cases. Open communication and negotiation are important in navigating the changing real estate landscape. Commission in real estate transactions has traditionally been a non-negotiable item, but recent changes are allowing for more flexibility. Listing agreements can be complex and have multiple sections to consider. Buyer's agents need to have deeper conversations with their clients about commissions and who is responsible for paying them. The real estate market is experiencing an increase in inventory, which may continue as the school season approaches. Popular restaurant chains are being acquired by larger franchises. titles Parties, Celebrations, and College Send-Offs The Unpredictability of the Real Estate Market The Complexity of Listing Agreements Acquisition of Popular Restaurant Chains Sound Bites "People don't, people, well, we've talked about it on here, but you celebrated, I don't know if you know the exact day, but you celebrated 20 years in real estate since you've had your license." "Luke deciding to go to college was a pretty last minute decision. Landon getting, uh, accepted to go play basketball and deciding to go to college was even more of a last minute decision." "The market has gotten weird. Um, which I'm sure, you know, in our market update, we'll talk about that a little bit, but, um, it's gotten weird in the sense that, you know, and I mentioned this with the property we had in Garland, um, last week that we, uh, had a tremendous amount of showing or a tremendous amount of social media activity went live, went to the market." "Why hasn't commission been a negotiable item in the past?" "I look at it as a net number to the seller." "Buyers pay for the buyer's agent, sellers pay for the seller's agent." Chapters 00:00Parties, Celebrations, and College Send-Offs 06:34Navigating the New NAR Rules on Advertising Commissions 17:38The Unpredictability of the Real Estate Market 23:19Negotiating Commissions in Real Estate Transactions 25:39Challenges of Navigating Buyer's Agent Commissions 35:05Acquisition of Popular Restaurant Chains 43:07Increasing Inventory in the Real Estate Market…
Tavis and Ashton dive deep in to the Dallas Fort Worth world of real estate and talk about wholesaling, Anthony's entry in to demo, a Texas Real Estate Ponze Scheme. Bigger Pockets podcast shaking up. Anyone looking for a Bigger Pockets alternative? We're right here!
Join us (Ashton Hines and Tavis Westbrook) as we cover various topics including DFW MLS statistics, flipping houses, construction projects, and market updates. The conversation covers various topics related to the real estate market, including the impact of the NAR settlement, the increase in housing supply, and the changes in buyer's agent compensation. We discuss the challenges and confusion surrounding the new rules and how it will affect agents and buyers. They also emphasize the importance of value and expertise in the real estate industry. KeywordsMLS statistics, flipping houses, construction projects, market updates, real estate market, NAR settlement, housing supply, buyer's agent compensation, challenges, confusion, value, expertise Takeaways DFW MLS statistics can vary depending on the source and filters used Flipping houses in Dallas requires collaboration and problem-solving Being involved in construction projects allows for better decision-making and problem-solving Market inventory is increasing, which may impact buying trends The NAR settlement and changes in buyer's agent compensation are expected to impact the real estate market. There has been an increase in housing supply, leading to a shift towards a buyer's market. Agents need to have difficult conversations with buyers and sellers regarding compensation and fees. Buyers and sellers should understand the value and expertise that agents bring to the transaction. Open houses may become more important in attracting buyers and showcasing value. Titles Understanding Dallas kMLS Statistics and Variations The Challenges and Rewards of Flipping Houses Recognizing the Value and Expertise of Real Estate Agents Navigating Difficult Conversations about Compensation and Fees Sound Bites "The guy, whoever does the thing after the huddle, he does, he showed some statistics and it's just so different. And it's on the same MLS." "Yeah, well, but in general, Aaron, really good dude. He's, you know, kind of a long-term relationship. I think he'll be in the game a while. He knows what he's doing. He's really easy to work with." "Yeah, yeah, yeah. So it's it's cool. We're we're cruising. I mean, right now it's it's very important at this stage, even even as good as our plans are, even as much as we did renderings." "The whole NAR settlement will impact things a little bit just from a speed of money thing." "We're at overall MLS, we're at 4.7 month supply, which is a huge jump." "The only way to know for sure if your sewers failed is hydrostatic test." Chapters 00:00Understanding MLS Statistics and Variations 04:58The Challenges and Rewards of Flipping Houses 10:42Navigating Construction Projects and Decision-Making 17:28Market Update: Increasing Inventory and Its Impact 19:23The Impact of the NAR Settlement and Changes in Buyer's Agent Compensation 32:07Texas Ranking and Consumer Affairs Report 45:07The Value and Expertise of Real Estate Agents 49:19Conclusion and Looking Ahead…
Summary The conversation begins with a discussion about fitness routines and the importance of accountability. They then transition to talking about Tavis' need for additional paint crews due to increased demand. Ashton shares his experience with finding accountability in the past. They also discuss their teenage children and their work experiences. The conversation then shifts to a market update, focusing on the number of houses for sale and the percentage of homes that fell out or were canceled. They also discuss the average percentage of the original sales price and how it has fluctuated over time. In this conversation, Tavis and Ashton discuss the intricacies of FHA financing and the role of appraisers in the home buying process. They also touch on the topic of Section 8 housing and the challenges and benefits it presents. The conversation then shifts to the news, with discussions about Shaquille O'Neal selling his house in Carrollton, the expansion of fast food chains like Raising Cane's and Taco Bell, and the concept of a Taco Bell-themed retirement community. Keywordsfitness routine, accountability, paint crews, work experiences, market update, houses for sale, canceled contracts, original sales price, FHA financing, appraisers, home buying process, Section 8 housing, Shaquille O'Neal, Raising Cane's, Taco Bell, retirement community Takeaways Having accountability can be beneficial in maintaining a fitness routine or achieving other goals. Finding reliable and skilled tradespeople can be a challenge, but building relationships with them can lead to successful projects. The number of houses for sale is approaching a 10-year high, indicating a potential shift towards a buyer's market. A significant percentage of homes are being canceled or falling out of contracts, suggesting some uncertainty in the market. The average percentage of the original sales price has fluctuated, but homes can still sell over asking price. Appraisers play a crucial role in FHA financing, as they assess the condition of the home and ensure it meets safety and functionality standards. Section 8 housing can be a beneficial investment for landlords, as the government provides a premium rental rate and regular payments. Shaquille O'Neal is selling his house in Carrollton and moving to Rowlett, showcasing the fluidity of the real estate market. Fast food chains like Raising Cane's and Taco Bell are expanding globally and exploring unique concepts, such as a Taco Bell-themed retirement community. Titles Teenage Work Experiences Accountability and Fitness Routines Exploring Section 8 Housing The Expansion of Fast Food Chains Sound Bites "I'm proud of you for being in that routine." "I gotta get some other help. I gotta get, you know, somebody else." "He doesn't have two crews, you know, he's got him." "That's the big trick." "If they see something that they feel is not up to par" "The vegetation, smoke detectors, and the cedar pergola" Chapters 00:00Accountability and Fitness Routines 03:38Managing Paint Crews and Finding Accountability 07:03Teenage Work Experiences 17:00Market Update: Number of Houses for Sale 19:21Market Update: Canceled Contracts and Price Cuts 23:17Market Update: Average Percentage of Original Sales Price 32:34Exploring Section 8 Housing 36:01Shaquille O'Neal's Real Estate Moves 40:15The Expansion of Fast Food Chains…
SummaryIn this conversation, Ashton and Tavis discuss their recent real estate projects and the challenges they have encountered. Tavis shares updates on his ongoing projects, including a renovation in Garland and a property in The Colony that he decided to keep as a rental. They also discuss the importance of knowing timetables and coordinating different contractors for a smooth renovation process. Ashton talks about his plans to get back into flipping houses and shares a unique title issue he encountered with one of his listings. They conclude with a market update, noting a decrease in closed transactions and an increase in inventory. The conversation covers various topics including the real estate market, the reopening of Alamo Drafthouse theaters, the potential closure of Garibaldi Bazaar, and Joe Biden's proposed rent increase cap. The discussion highlights the current state of the real estate market, the challenges faced by buyers and sellers, and the impact of online platforms like Zillow. The reopening of Alamo Drafthouse theaters is seen as a positive development, while the potential closure of Garibaldi Bazaar raises concerns about the loss of a cultural hub. The conversation also delves into the pros and cons of Biden's proposed rent increase cap, with arguments for and against the regulation. Keywordsreal estate, renovation, rental property, flipping houses, contractors, title issue, market update, real estate market, Alamo Drafthouse, Garibaldi Bazaar, Joe Biden, rent increase cap Takeaways Coordinating different contractors and knowing timetables is crucial for a smooth renovation process. Having a clear investment thesis and criteria can help in making decisions about whether to keep a property as a rental or flip it. The real estate market is experiencing a decrease in closed transactions and an increase in inventory. Title issues can arise in real estate transactions, and it's important to work with experienced professionals to navigate them. The real estate market is experiencing a shift, with sellers paying for closing costs and properties staying on the market for longer periods. Online platforms like Zillow have made it easier for buyers to search for properties, but there is still value in physically visiting a property to get a better feel for it. The reopening of Alamo Drafthouse theaters is a positive development, preserving a unique movie theater experience. The potential closure of Garibaldi Bazaar raises concerns about the loss of a cultural hub in the community. Joe Biden's proposed rent increase cap for landlords with 50 or more units has sparked debate, with arguments for and against the regulation. Titles Getting Back into Flipping Houses The Decision to Keep a Property as a Rental The Changing Real Estate Market Debating Joe Biden's Rent Increase Cap Sound Bites "Well good afternoon, good late afternoon, Tavis. How are" "I am stressed today." "You know, flooring, for instance, had to be scheduled two weeks prior. so the floor is going in Monday, Tuesday." "To me, it almost already feels like a buyer's market because sellers are paying for closing." "Back in the day, you didn't have that. And the challenge used to be like, I only want to show you five properties at a time because that's all you're going to be able to retain in a day." "Sony has reopened all of them. They made everybody whole. They kind of made up back pay." Chapters 00:00Introduction and Catching Up 05:17The Decision to Keep a Property as a Rental 07:30Getting Back into Flipping Houses 15:37Dealing with Title Issues in Real Estate Transactions 19:07Market Update: Decrease in Closed Transactions and Increase in Inventory 24:25The Changing Real Estate Market 30:30The Reopening of Alamo Drafthouse Theaters 33:20The Potential Closure of Garibaldi Bazaar 36:00Debating Joe Biden's Rent Increase Cap https://www.youtube.com/@TheRealEstateHeavyweights…
Sorry about the delay this week, family funeral trip took over! The conversation revolves around Tavis Westbrook's busy schedule and multiple projects, including a design project for Aaron. They discuss the progress of the project, the challenges of managing multiple projects, and the importance of managing funds effectively. They also touch on the real estate market, with Ashton sharing updates on a listing and discussing the housing market in the South. The conversation concludes with Tavis discussing another property listing and the benefits of staging. In this conversation, Tavis and Ashton discuss various topics related to real estate, including the cost of listing a property, the importance of getting a professional opinion on foundation issues, the popularity of lakeside properties in Texas, the impact of amenities on short-term rental prices, and the controversy surrounding public transportation taxes in peripheral counties. They also mention their recent interview with real estate professional Ben Baker and encourage listeners to check out their previous interviews. Keywordsbusy schedule, multiple projects, design project, progress, managing funds, real estate market, listing, housing market, staging, real estate, listing expenses, foundation issues, lakeside properties, short-term rentals, amenities, public transportation taxes Takeaways Managing multiple projects requires effective time management and financial planning. The real estate market in the South is experiencing high inventory, but predictions of a crash may be exaggerated. Staging can significantly enhance the appeal of a property and attract potential buyers. Listing a property can be expensive, with costs such as professional photography adding up. Getting a professional opinion on foundation issues is important to avoid unnecessary expenses. Lakeside properties in Texas, such as those near Lake Lewisville, can be highly valued. Amenities like pools, hot tubs, and washers and dryers can significantly impact the rental prices of short-term rentals. Using certain language in property listings, known as virtue signaling, may actually lower rental prices. Public transportation taxes can be a contentious issue, especially in peripheral counties. Titles The Power of Staging: Enhancing Property Appeal Juggling Multiple Projects: Time Management and Financial Planning The Popularity of Lakeside Properties in Texas The Impact of Amenities on Short-Term Rental Prices Chapters 00:00Juggling Multiple Projects 03:08The Real Estate Market in the South 08:05Managing Funds and Financial Planning 10:21Listing and Showings 14:58Predictions of a Housing Crash 18:24The Potential of Barn Dominiums 22:00The Power of Staging 27:16The Popularity of Lakeside Properties in Texas 36:41The Impact of Amenities on Short-Term Rental Prices 43:11The Controversy Surrounding Public Transportation Taxes…
Mike Tharp is a Plano resident, a military veteran, and a career reporter and war correspondent who has worked for many publications such as US News and World Report and AARP Magazine. He reported from 6 war zones in his career as well as the Seol Olympics.
In this conversation, Tavis and Ashton discuss various topics related to real estate flipping and the current market conditions. They talk about Tavis' ongoing flip project on Castle Rock and the renovations he's making, including adding a tub in the master bath. They also discuss the importance of understanding the market and properly comping properties. Ashton shares his experience with selling a house in a neighborhood where the builder is still selling new builds and the challenges that come with it. They also touch on the Dallas real estate market and the increase in inventory and decrease in closed sales. In this conversation, Tavis and Ashton discuss changes in the real estate industry, including the optional buyer's commission and the affordability of homes in McKinney, Texas. They also mention the passing of Ellen Terry, a pioneer in the Dallas real estate world, and the development of a lacrosse complex in Addison. They briefly touch on tax lien investing and mention their upcoming interview with Ben Baker. Keywordsreal estate, flipping, market conditions, renovations, comping properties, builder competition, Dallas market, real estate industry, buyer's commission, affordability, McKinney, Ellen Terry, lacrosse complex, Addison, tax lien investing, interview, Ben Baker Takeaways Properly comping properties is crucial in real estate investing Understanding market conditions and trends is important for successful flipping Adding desirable amenities like a tub can increase the value of a property Selling aftermarket houses in a neighborhood with builder competition can be challenging The Dallas real estate market is experiencing an increase in inventory and a decrease in closed sales The real estate industry is undergoing changes, such as the optional buyer's commission and the affordability of homes in certain areas. Ellen Terry, a pioneer in the Dallas real estate world, passed away at the age of 85. A lacrosse complex is being developed in Addison, reflecting the growing popularity of the sport in the area. Tax lien investing is an interesting investment strategy that involves buying tax debt and potentially acquiring properties. The hosts mention their upcoming interview with Ben Baker. Titles The Importance of Properly Comping Properties Adding Desirable Amenities to Increase Property Value Remembering Ellen Terry Exploring Tax Lien Investing Sound Bites "You're bucking the trend of taking out tubs and you're actually bringing in tubs" "There's actually some news that came up on one of the forums I was checking out" "If you can't value houses, you might as well just go do something else" "They're going to change the infrastructure of actually the MLS itself here soon." "Commissions have gone up a little bit... a lot of your three percenters are coming down to two and a half." "There will be a feeling out period, and at some point, the market will correct itself." Chapters 00:00Introduction and Technical Difficulties 01:34Discussion about Ashton's Flip Project in Castle Rock 07:29Market Update: Increase in Inventory and Decrease in Closed Sales in Dallas 14:15Consideration of Selling Sweetwater and Finding an Agent 21:02Changes in the Real Estate Industry 30:01McKinney: The Most Affordable Town 31:29The Rise of Lacrosse in Addison 39:14The Dallas White House 40:50Exploring Tax Lien Investing 43:26Upcoming Interview with Ben Baker https://www.youtube.com/@TheRealEstateHeavyweights/videos https://www.instagram.com/therealestateheavyweights?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==…
Tavis has been riding his Harley, going to the sauna, flipping houses, and the current real estate market. We discuss the challenges of working in hot conditions and share personal stories related to their work experiences. Then we also touch on the importance of effective marketing in real estate listings and the potential for growth in the Sherman area and the average price to rent a house in America Frisco is a rapidly growing city known for its development and amenities. It has a wide range of housing options, from entry-level homes to multi-million dollar properties. The city has a strong focus on education, with a commitment to smaller class sizes and multiple high schools. Frisco is also home to major attractions such as the Dallas Cowboys' headquarters and training facility, the PGA headquarters, and a future Universal Studios theme park. The city has seen significant commercial and residential development in recent years, making it an attractive place to live and invest in real estate. Keywordsmotorcycles, sauna, flipping houses, real estate market, hot conditions, marketing, Sherman area, rental prices, Frisco, growth, housing options, education, attractions, development, real estate investment Takeaways Titles The Growth Potential in the Sherman Area Riding Motorcycles and Working in Hot Conditions Investing in Real Estate in Frisco Education and Attractions in Frisco Sound Bites "Did you ride your Harley to the gym?" "You're a sauna guy. So, you know, how many times a week are you going to the sauna?" "The real estate business is going well with multiple flips and progress on projects" "Frisco is such a well-known name. People nationally kind of know Frisco as sort of this up and coming great place to live." "Frisco is a benchmark place. You can say, 'Well, we're just west of Frisco, we're just south of Frisco, north of Frisco.'" "Frisco has a lot of driving factors driving revenue into the city. It's essentially the northern part of our Metroplex, but it's centrally located." Chapters 00:00Riding Motorcycles and Working in Hot Conditions 06:02The Importance of Effective Marketing in Real Estate 12:36The Growth Potential in the Sherman Area 42:21Exploring Frisco's Growth and Development 48:54Real Estate Investment in Frisco 55:12Pros and Cons of Frisco 59:19Conclusion and Call to Action…
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