Tomorrow’s talk . . .

I have 15 minutes to present to a group of @ 50 Local Business Professionals.

I was asked to give a talk about “The State of the Nashville Real Estate Market”

I think best while blogging . . . so here goes (I’m going to have to talk FAST because I think I have a lot to say).

Opening

– How do you like this LOCAL business environment?

– I’m a REALTOR and Real Estate Firm Founder and Owner, and the one thing I know for SURE is that Real Estate is a LOCAL business – We all have to keep reminding ourselves of this.

REALTORS

– The population of REALTORS in Nashville has fallen (40%ish) in the past few years . . . Next REALTOR you see, give him/her a hug

– How are we surviving?

– We are doing what we’ve ALWAYS done – Village “Connectors”

We are still helping folks with their quality of life decisions (Where to live) . . . Divorce, Death, Up-size, Down-size, bankruptcy, foreclosure

and we are COOPERATING with each other – VERY FEW Ethics issuses

VERY strong Associations (World Class)

World class MLS – Realtracs.com

– Real Estate Sales is the world’s 2nd oldest profession

As long as humans have been around, there’s been a need for housing

So . . . the market tanked . . . and I opened a new real estate firm

Why?

Nothing else was working . . . It was time to INNOVATE

The State of the market . . .

EVERYTHING is MOVING – Just when we think we’ve “got it” something changes

– this Spring market is ALIVE

We are BUSY

We are working harder than EVER (averaging 3+ offers per Transaction)

Values are recovering – slowly – but recovering

Seeing some multiple offer scenarios as inventory begins to dwindle

Condos – Gulch – Highrises – Shortage

New Construction:

• In-fill
• Rehab (12 south)
• Products (Smaller/Urban with garages)