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ACIS Episode 10: San Antonio Market Update
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Summary
In this episode, Jason and Aaron discuss various topics including Jason's recent trip to the Dominican Republic, their experience at a real estate event, challenges with real estate agents, updates on the Thunder Ridge property, and their transition to wholesaling. In this episode, Aaron and Jason discuss their real estate deals and the process of finding and selling properties. They also provide an update on the San Antonio real estate market, highlighting statistics such as average days on market and price per square foot. The conversation then shifts to the recent lawsuit and settlement with the National Association of Realtors (NAR), discussing the changes in commission structures and the potential impact on the industry. The episode concludes with a call to action for listeners to provide feedback and connect with the hosts on social media.
Takeaways
Medical mission trips provide free medical and dental care to underserved communities.
Real estate events offer valuable insights and strategies for success in the industry.
Dealing with high-maintenance tenants and buyers can be challenging.
Transitioning from flipping to wholesaling can lead to faster turnaround times and increased volume. Real estate deals require finding the right properties and negotiating deals.
The San Antonio real estate market is experiencing longer days on market and potential changes in commission structures.
The lawsuit and settlement with NAR may lead to more flat fee commissions and a shift in the role of buyer's agents.
Good agents provide valuable services and are worth their commission.
Chapters
00:00 Introduction and Episode Milestone
01:08 Jason's Trip to the Dominican Republic
06:34 Challenges with Real Estate Agents
10:06 Update on Thunder Ridge Property
25:56 Introduction and Real Estate Deals
27:06 San Antonio Market Update
36:34 Lawsuit and Settlement with NAR
54:20 Closing Remarks and Call to Action
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