🟢 3 Questions Every Agent Should Ask Themselves Today

IN THE REAL ESTATE NEWS

In case you’ve been in the dark from the news for the holidays, here’s a quick recap of the current real estate market trends from BAM Hotsheet 1/6/2025.

Highlights:

• 📈 Inventory Trends: Housing inventory is higher than in recent years but far below pre-pandemic levels.

• 🏡 Regional Disparities: Certain states, particularly Florida and Texas, are experiencing a buyer’s market, while others still have low inventory.

• 🔍 Micro-Market Focus: Real estate agents should pay close attention to micro-market data to guide sellers on timing for listing their properties.

• 📉 Mortgage Applications: A significant drop in mortgage applications was noted during the holiday week, but trends are expected to improve as the new year progresses.

• 📊 Pending Home Sales: An increase in pending home sales suggests a slight uptick in buyer interest, particularly in regions with more inventory.

• 🌟 Strong Housing Markets: Some metro areas are experiencing year-over-year price increases, indicating strong demand despite overall market slowdowns.

• 💡 Future Outlook: Potential shifts in market dynamics driven by interest rates, buyer demand, and local market conditions.

FROM THE CALM AGENT DESK

💡 Questions Every Real Estate Agent Should Ask Themselves Today 💡

The start of the year is a pivotal time in real estate—many agents evaluate their current situation and make bold moves, like changing brokerages or redefining their goals.

Before diving into the busy season and the details of your business activities, take a moment to ask yourself these critical questions:

1️⃣ Am I at the right brokerage?

The brokerage you choose sets the tone for your success. With new technologies and AI reshaping the real estate landscape, it’s more important than ever to ensure your brokerage is forward-thinking. Ask yourself:

• Does my brokerage offer cutting-edge tools, like AI-driven CRMs or marketing platforms, to streamline my work and help me stand out?

• Are they staying ahead of industry trends and empowering agents to thrive in a competitive market?

• Am I truly supported with training, mentorship, and fair commission structures?

This is the time when many agents make a switch. If your brokerage isn’t helping you grow, it might be time to explore your options.

2️⃣ Am I surrounding myself with the right people?

The team culture around you can make or break your experience as an agent. Start the year by assessing your environment:

• Are my colleagues positive, collaborative, and invested in mutual success?

• Do I notice toxic behaviors like gossiping about people, bad-mouthing peers, or continuous boasting about the workload?

• Am I part of a network that inspires me by their high performance and support and holds me to higher standards?

The new year is a chance to seek out healthier, more empowering relationships in your professional life.

3️⃣ How do I hold myself accountable?

Success in real estate demands focus, discipline, and consistency. With a fresh calendar ahead, reflect on your habits:

• Do I have clear goals for 2025, and have I broken them down into actionable steps?

• How do I track my progress and adjust my strategies when needed?

• Am I using tools like AI-driven analytics, CRMs, or accountability partners to stay on track?

The agents who thrive this year will be the ones who show up for themselves every day, even when no one’s watching.

🎯 The Perfect Time to Reflect and Realign
January is the season of change in real estate. If your brokerage, team, or routines aren’t aligned with your vision for success, this is the moment to make a shift.

Don’t let another year go by without setting yourself up to thrive.

Take a moment this week to ask yourself: Where do I want to be a year from now? And how can I start moving in that direction today?

 AI PRODUCTIVITY FOR REAL ESTATE

Introducing some of the apps that can be useful for real estate agents.

 NoteGPT - YouTube Video Summarizer, PDF Summary, PPT Summary, Image Summaries, and more. Create PPTs, Mindmaps, and Notes with NoteGPT AI.

 DeepSeek—Similar to Chat GPT, Claude, or Perplexity, DeepSeek is a new Chinese AI startup that's making waves in the tech world with its powerful, budget-friendly language models. On key benchmarks, it has even outperformed some of the latest models from OpenAI and Meta.

 Ideogram—Ideogram is an innovative AI tool that transforms your ideas into stunning visuals with just a few words. Perfect for real estate professionals, it helps you create eye-catching social media posts and marketing materials in seconds—no design skills required!