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We discussed the settlements 30ish days in, some of the struggles as we all adapt, how Nest has acted moving forward, the value of experience and practice, single agent dual agency, and staying true to our strengths, client and Realtor relationships, and the perspective of "better" or "worse" as decouple commissions are the new reality.…
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This week, we were joined by Jonathan Miller, President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm based in NYC. We covered a lot of ground - transparency in light of the NAR settlement, how long it might take to find the needed market equilibrium, the magic interest rate number that will open up the market and the o…
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We welcomed Danushka Nanayakkara, an economist with the National Association of Homebuilders. We talked about home sales, builder confidence, what builders pay in interest when they are building, acquisition & development, building for rent, square footage of new homes, what homebuyers want, the mortgage rate lock-in effect, population and immigrat…
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We talked about several topics this week, from experiences and admiration of Jason Fried of 37 Signals and Brian Chesky of AirBnB (recent podcast with him on Adam Grant's show), the value of great representation in the face of AI, print collateral’s true value, and what some of the coming changes may mean to consumers and agents.…
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Hey everyone. this is Jim Duncan with sweat the details by nest realty. This week, we were joined by a longtime friend, Greg Fischer of West + Main homes, based in Colorado and Oregon. Greg was one of our earliest guests - all the way back in December 2019. Greg is always a great conversation, and Jonathan, Keith and I are thankful for Greg joining…
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Hey everyone. this is Jim Duncan with sweat the details by nest realty. We talked with Lance Lambert from ResiClub. We’ve read Lance’s stuff for years, and were excited to talk to him about ResiClub. A quick skim of the ResiClub page right now is a great snapshot of what ResiClub ResiClub - Zillow’s home price forecast, commute time and pre-pandemi…
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This week, Jonathan, Keith and Jim discuss the real estate ad dollars being spent at the Super Bowl. Jonathan recaps his trip in Inman. New search engines for home buying are competing for market share in the real estate industry. However, the tech needs to innovate to improve the benefits of users and increase use from agents.…
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This week on Sweat the Details, Jim was joined by Greg Slater of Nest Realty and Russ Edwards, President of Tiger Solar, and we talked about residential solar, what's on the horizon for solar, some questions and misconceptions consumers and agents may have about solar, and how a fuel company came to invest in a renewable energy company…
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We started Nest with core principles that hold true today. Jonathan, Keith and I talked about how great it is we all are to be back together in Nest’s new office building in Charlottesville, and we discussed the merits, and challenges of single agent dual agency, how the lawsuits have changed agency - buyer and seller - in 2024, what might happen i…
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Jonathan, Keith and I briefly reviewed 2023 and looked to 2024, which is going to be a time of change for consumers, agents, brokers, and the industry as a whole. Thank you to everyone for listening, emailing, and sharing our conversations. Here’s to 2024. Will we have a “normal” spring market in 2024? A few thoughts about the agent population Buye…
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We were zooming from Nest’s new office space this week! Human relationships matter. Jessica Swesey, the Chief Copywriter & Strategist with 1000 Watt joined us, and we talked about marketing, humanity, AI, and authenticity. Getting everyone in the organization on the same page Choosing marketing mediums; everywhere and everything may be too much The…
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Hey everybody This week on Nest Realty’s Sweat the Details, we were joined by Dean Cottrill — cah-Trill - he is an executive vice president of T3 Sixty, a California-based management consultancy in the residential real estate brokerage industry. We talked commonalities of successful brokerages, what to look for in real estate brokerage leaders, tec…
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One of our favorite guests joined us -- This week, Mike Simonsen from Altos Research/Housing Wire joined Jonathan, Keith, and Jim. We talked about markets that are the leading edges for the US housing market, inventory shifts, what data points Realtors and consumers should be focusing on, where in the US might be more poised for growth and balance,…
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Buyers are moving further than they were pre-covid Affordably housing resources ad HUD.gov Affecting buyers: childcare, eldercare, student loans Cash offers are move common now Repurposing buildings to housing - “It's about 15% to 25% cheaper and brings repurposed properties on-line faster than new construction.”…
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This week we were joined by Cynthia Adams of Pearl Certification; we talked about the Inflation Reduction Act, high performing homes (what they are, and why people want and enjoy them), how homeowners can plan to take advantage of the IRA. Inflation Reduction Act 101: What’s in it and how does it affect me? DOE Releases New Rebate Guidance for the …
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Mortgage rates are up a bit in the past few weeks, inventory in Charlottesville is near the lowest it has ever been, where is inventory going to come from? What happens if and when interest rates go back down? Will the market go back to a frenzy? In the meantime, how can agents adapt to this new and slower market? Keith references our recent Sweat …
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This week, Bram Gallagher from AirDNA joined us on Sweat the Details. Topics were wide: AirDNA is the leading provider of data and analytics for the $140 billion dollar short-term rental industry. There are about 80.5 million owner occupied housing units in the United States; there are about 1.5 million short term rentals, per AirDNA. We talked abo…
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What excites you about technology right now? Our first Nest video, and how we use technology What makes a tool the “right” tool, and will agents use it? What tools help our clients? Great design builds trust Some early thoughts on Artificial Intelligence in real estate Coded Bias on Netflix AI & the value of human credibility…
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Where are mortgage apps? 10 year treasury and 30 year mortgage Are more people looking at ARMs? A holistic approach to advising buyers in this market How has the conversation with buyers changed? When should buyers start the conversation with the lender? 30 year fixed rate mortgages (Planet Money) PMI Loan level pricing What innovations are on the …
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Real estate and property taxes – they go together hand-in-hand. This week we spoke with Sally Hudson, Virginia Delegate, and UVA professor about how a land value tax might change how we tax properties, and how that would affect urban design, parking, affordable housing – basically everything in real estate.…
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New cars, once part of the American Dream, now out of reach for many Scarcity = Luxury? On shoes Blundstones What % of real estate - and all - markets are luxury? Housing availability Mortage Rate Lock-in Having kids and demographics 30% of people don’t have mortgages 1/3 of new inventory is new construction - historical average is closer to10% Sca…
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Elephant and the blind mice Divided housing market Algorithmically noting whether a house has been smoke in or lived in by cats AVMs and their algorithms Zestimates, assessments and Zillow's accuracy Zillow becoming more right. Unique snowflowers Jonathan tracked the effect of professional photos on a Zestimate ChatGPT hiring humans Take profession…
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Episode 62: The Perfect Inventory Storm - What if real estate is “sold out”? - Why do we not have enough homes on the market? - Charlottesville local builder contraction - Buyers’ and agents’ frustrations in this market - An amazing note card from Nest’s marketing department - How’s the market? - Emotions and winning an offer. - “Finding the next” …
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Show Notes - Mapping segregation - DC - Mapping prejudice - Minneapolis - Mapping inequality - University of Richmond - Jefferson school of African American history - Mapping Charlottesville - Charlottesville never got a redline map? - What were redline maps? - Clip to the Amazon show - 1948 supreme court decision - Zoning and 1968 Fair Housing Act…
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Chris Henry is Co-Founder and President of Stony Point Development Group, an award-winning real estate development company driven by creating great places and enhancing lives through the built environment. Stony Point Development Group has executed over $250MM of ground-up development and acquisition of urban mixed-use projects in Virginia, North C…
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Niki Simon and Michael Coleman, Nest HQ’s Air Traffic Controller and Marketing and Development Manager, joined Jim and Keith this week. We love talking to Nesters, and Michael and Niki were no exception. Hear how they came to Nest, and how they help build and foster the Nest culture, and how they make Nesters better at what they do. Show Notes: - H…
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Olivia Mariani joined Jim and Keith this week to discuss Curbio, a pre-sale renovation company, how they have shifted and adapted due to the pandemic, and how what they offer can benefit buyers, sellers, and Realtors. - One of the shifts Curbio has made is: They are the finance mechanism, and they are turnkey - Solution for Realtors and Sellers - H…
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The Nest Realty crew of Jonathan, Keith and Jim talk about proptech in the 2020s. - Last week’s podcast with Mike Simonsen - CoStar - new offer to buy CoreLogic - Zillow buys ShowingTime - Rob Hahn’s thoughts on Zillow + ShowingTime - Zillow’s Flex agent program - Lone Wolf also on an acquisition spree - Book: The Innovator’s Dilemma - Ford Motor C…
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Mike Simonsen, with Altos Research, joined us for the second time and we discussed the housing crisis, state of the market, interest rates, data points that may signal the market cooldown, and we even touched on housing policy that may address our crisis. There was one number that shocked us; hope you enjoy the show. Show notes - Will the market co…
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Jonathan and Keith were joined by Jesse Cole, the founder of Fans First Entertainment and owner of the Savannah Bananas, a Coastal Plain League baseball team in Savannah, Georgia. Cole and his teams have welcomed more than a million fans to their ballparks. Jesse has been featured on MSNBC and is a keynote speaker all over the country, promoting th…
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- Recapping the Nest Summit - Jesse Cole with the Savannah Bananas - Savannah Bananas -NAR’s Chief Economist, Dr. Yun, joined us - His presentation is here - New construction material increases and supply chain challenges - Existing and new construction home sales up - NAR’s annual homebuyer profile - Prospect of fewer repeat home sales, and ramifi…
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Jonathan, Keith and Jim recapped some of their favorite episodes from 2020. We had a lot of great shows this year, and we’re grateful for your listening, and for our guests for sharing their time, insight, and knowledge. One more show to go this year, and it’s on to 2021! Episode 36 - Exciting Innovations, Cooperation, Evolutions through a Pandemic…
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We're taking a break this week. We hope you do too. It has been an interesting 2020, and we have two more episodes this year. One is going to be Jonathan, Keith and I talking about what Nest accomplished this year and what we're planning to do in 2021. The other will be highlights from a few of our favorite podcasts in 2020. If you have a particula…
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Debbie Lariviere - Partner and Head Coach at Middleton Elite Coaching and Nest Realty Broker/Realtor - Who are you? - What’s your “how I got to real estate coaching” story? - When should an agent or broker choose coach? - Leverage points and metrics - What percentage of your business is agent? Broker? - How do you evaluate your clients? - What does…
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Skylar Olsen, Principal Economist at Climate Check, joined us this week. We talked about how the Climate Check service, how they are seeking make this data accessible to all consumers and real estate professionals, and how climate change will affect buyers’ choices about where they live, and how we are going to have to make our homes and areas resi…
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Barbara Brown Wilson is an associate professor of urban and environmental planning at the UVa School of Architecture, and a co-founder and faculty director at the UVa Democracy Initiative Center for the Redress of Inequity through Community-Engaged Scholarship (aka The Equity Center). Her research and teaching focus on the history, theory, ethics, …
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Home design and DIY blogger Cassie Bustamante sits down with the Nest crew of Keith Davis, Jim Duncan and storyteller and content manager Jasmine Bible to talk about the value of wellness in your home, connecting with buyers and visualization. Designer: Cassie Bustamante -- Blogger, Instagram Trendsetter Location: Greensboro, NC Instagram: https://…
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Keith Davis and Jim Duncan are joined again by Rob Hahn. If you're a regular listener, a couple of weeks ago you heard an episode where Rob and Jim spent time talking about issues surrounding fair housing. Now they’re looking at zoning, school districts and growth. - Nice White Parents - Zoning and school districts - Buyers will negotiate with resp…
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Jonathan, Keith and Jim get together for their monthly podcast to catch up and talk about Interest rates, inventory, supply and demand. The value of transferable mortgages? COVID’s acceleration of change. - Earnnest; the new way to send earnest money deposits, and the value of making a first impression. - The future of college towns from New York t…
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This week on Sweat the Details, Keith and Jim were joined by Nest’s Story Teller, Content Manager and Editor in Chief of the Nest Magazine, Jasmine Bible, and Natalie Papier, a Professional Interior Designer, who recently moved from Chicago to Charlotte, and is an Instagram Trendsetter. Find Natalie on Instagram and her website. We talked about int…
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Joel Burslem of 1000watt talks with Nest's Jim Duncan and Keith Davis about technology, the value of editing and subtraction. Who should be providing technology solutions for agents? The agents? Brokers? MLS? Third parties? - Subscribe to 1000 Watt’s outstanding newsletter - Just One Thing by Jessica Swesey - What can you remove/subtract/remove fro…
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