Mindset Matters by Oregon REALTORS® (Oregon REALTORS®)

In this episode, Ryan Wood, the state manager for Old Republic Title Company, discusses hot topics in the escrow and title world. He covers red flags on title reports, navigating the new NAR settlement rules, and how to work with escrow companies. He also discusses the importance of communication and verifying information to prevent fraud in real estate transactions, the risks of real estate fraud, the importance of verifying property ownership, and how fraudsters are becoming more sophisticated, using fake IDs and notaries to deceive buyers and sellers.

In this episode, Jeremy Rogers, the Legal & Government Affairs Director at Oregon REALTORS®, discusses the role of the legal and government affairs departments and the services they provide to members. He also talks about the launch and success of Oregon REALTORS® Forms, and discusses the plethora of training and support resources available to members, and how Oregon REALTORS® Forms can help members avoid common legal pitfalls. Jeremy addresses the NAR litigation, the importance of buyer representation agreements, and how Oregon REALTORS® is helping members navigate the issue of buyer agent compensation. He also discusses upcoming legislation and the importance of addressing the housing shortage in Oregon.

In this episode, Jeff Wiren discusses the top three reasons why brokers leave the real estate business. He emphasizes the importance of prospecting and the need for agents to actively engage with their sphere of influence. Jeff also highlights the significance of financial management and creating a budget to ensure long-term success. Lastly, he addresses the resistance to using buyer broker agreements and emphasizes the importance of safety and avoiding burnout. In this conversation, Jeff Wiren discusses the importance of buyer service agreements, the development of a business plan, and the value of hard work in the real estate industry.

In this episode, Gregory E. Harris, Esq. discusses the importance of obtaining a Certification of Trust when dealing with property held in a trust. He explains the role of trustees and the proper titling of trust-owned property. Gregg emphasizes the need for collaboration between lawyers and REALTORS® to ensure smooth transactions. He also delves into the ownership of real estate in LLCs and who has the authority to act on behalf of the LLC. Gregg highlights the significance of due diligence for both buyers and sellers and the importance of operating agreements for LLCs. He also discusses various aspects of property ownership and estate planning. The conversation also covers the best ways to hold property, including the use of LLCs and the importance of properly-executed trust documents. He also discusses the probate process and the use of small estate affidavits, now known as “simple estate affidavits”. He concludes by emphasizing the value of REALTORS®, the importance of recognizing and embracing their worth, and three key takeaways for REALTORS®.

In this episode, John Baker shares his tips and strategies for getting wealthy with real estate investing. He discusses the importance of prudently leveraging real estate and explains the tax benefits of investing in real estate. John also shares his personal experiences and wealth-building strategies, including investing in ATM funds and using retirement accounts for real estate investing. He emphasizes the importance of passive income and cash flow and provides advice on working with turnkey providers and building a team. He also discusses the importance of family and the shift in priorities that can occur after a life-changing event. John concludes with closing thoughts and advice for those looking to get started in real estate investing.
 
Resources

John’s Free Book PDF Version “There is A Raccoon on my Leg, A Journey to Discover the 30 Rules of Real Estate” https://members.wvmls.com/content/Raccoon_John_Baker.pdf 

Rich Dad, Poor Dad by Robert Kiyosaki

The Cashflow Quadrant by Robert Kiyosaki

Tax Relief for American Families and Workers Act of 2024

Get Rich Education https://getricheducation.com 

ATM Investing, Dave Zook, The Real Asset Investor https://therealassetinvestor.com 

Rental Property Calculator

https://www.calculator.net/rental-property-calculator.html 

Tax Reform Act of 2017 Bonus Depreciation

https://www.bing.com/search?q=tax+reform+act+of+2017+bonus+depreciation&qs=NWU&pq=tax+reform+act+of+2017+bonus&sk=NW_XFC1NW4NWU1&sc=10-28&cvid=D640A57229844266AF345EDB53E6FE6E&FORM=QBLH&sp=7&ghc=1&lq=0 

QRP-Qualified Retirement Plan

eQRP Damion Lupo https://eqrp.com/founder/

In this episode of Mindset Matters, Ladell White, a local lender, discusses the NAR verdict and options for buyers in the market and how real estate agents can navigate the new rules and compensation structure, particularly regarding buyer agent commissions and finding alternative solutions. Ladell also provides insights on structuring offers, negotiating closing costs, and addressing compensation in the sale agreement. She discusses the challenges and potential changes in VA loans, government loans, temporary buy downs, the current housing market, the importance of buying now, and the value of REALTORS®. Ladelle emphasizes the need for agents to articulate their value proposition and have deep conversations with buyers.

In this episode, Noah Blanton, President of Direct Operations in Oregon for WFG National Title, discusses the current state of the real estate market in Oregon and provides insights into the factors influencing pricing and supply. He highlights the impact of interest rates on pricing and buyer psychology, emphasizing the importance of understanding the market dynamics. Blanton also discusses the challenges and opportunities in the commercial real estate market, particularly in the multifamily sector. He addresses the need for increased housing supply and suggests potential solutions, such as policy changes and incentives for builders. Despite the challenges, Blanton remains positive about the stability and health of the market.

Mindset Matters by Oregon REALTORS® season 1 trailer!

Tech Helpline is a valuable and unlimited member benefit that provides tech support for real estate professionals in Oregon. It provides assistance for a wide range of technical issues, including computer problems, printer setup, and even smart appliances. The helpline is available seven days a week, with low hold times and quick response times. The tech analysts are highly praised for their expertise and personalized support. They can also offer recommendations for technology purchases and assist with system backups and restores, website issues, and even parental controls on devices like Xbox. Tech Helpline can be especially helpful for in-house tech teams at brokerages, as they can redirect calls to Tech Helpline for issues outside of their scope.

Visit the Tech Helpline Website

6am-5pm (Monday-Friday), 6am-2pm (Saturday)

(888) 804-8226

support@techhelpline.com

In this episode, Ashleigh Fordham, the 2024 President of Oregon REALTORS®, shares her journey in the real estate industry and discusses the importance of coaching and motivating agents. She emphasizes the need for buyer broker agreements and explains how to articulate value on the buyer side. Ashleigh also addresses the uncertainties in the market and provides insights on navigating the current industry conditions, discusses the class action lawsuit in Missouri and the appeal process, and highlights the need for better communication and education about the real estate industry to address consumer misunderstandings. Ashleigh provides resources for real estate agents to articulate their value and stay informed about the lawsuit. She emphasizes the importance of uniqueness and differentiation in the industry and offers practical tips for agents.

In this episode, Drew Coleman, a highly decorated real estate broker, shares his journey in the real estate industry, emphasizing the importance of systems, processes, and personal branding. Drew discusses how these elements differentiate between good, excellent and elite service in real estate. He highlights the significance of consistency, communication, and elite customer service in building trust and providing a positive experience for clients. Moreover, Drew delves into his experience in building a team, growing his business, and ultimately founding Opt Brokerage. He underscores the need for agents to stay in front of their customers, provide ongoing value, and build meaningful relationships. The conversation also touches on leadership, volunteer opportunities, and the bright future of the real estate industry.

In this episode, Oregon REALTORS® 2024 President-Elect Brent Landels discusses his career in the new home construction market and provides insights into the advantages and challenges of working in this niche. He shares his experience in finding parcels and assessing their potential for development. Brent also highlights the lengthy approval process and the costs involved in new construction. For REALTORS®, he explains the benefits of specializing in new home construction and the potential for creating their own inventory. However, he also acknowledges the drawbacks, such as working weekends and the loss of flexibility compared to the traditional real estate market. He discusses different markets and lot sizes, the challenges of building on smaller lots, and the role of a REALTOR® in new construction. He emphasizes the importance of solving problems and understanding builder motivations. He also talks about finding builders to work with, getting involved with the local builder’s association, and the differences between working with custom builders and spec home builders. Brent shares tips on prospecting for parcels, building relationships, and the hard work and rewards of new construction.

In this conversation, Oregon REALTORS® CEO Jenny Pakula sits down with Vice President of SVN Imbrie Realty and SVN Imperial Realty Nick Krautter, to explores the ideas outlined in the second edition of his book, The Golden Handoff. This book guides retiring agents and their successors—whether in residential or commercial real estate—through the process of creating a seamless client transition from a retiring broker to an active broker, while also creating value and preserving relationships. You’ll hear actionable advice and valuable resources for a successful transition, as well as insights from Nick’s own experience building a thriving real estate business and his own move from being an active agent to retirement.

The Golden Handoff (Kindle) is available here: https://a.co/d/3zj9zE1

The Golden Handoff (paperback) is available here: goldenhandoff.com 

Visit the Mindset Matters webpage: https://oregonrealtors.org/mindset-matters-podcast/