Matt and Garrett are back today with a quick conversation shedding some light on the complex dynamics of real estate markets, focusing on the shifting balance between buyer and seller markets. Identifying how factors like inventory levels, economic fluctuations, and psychological influences shape market behavior, their discussion addresses whether a shift to a buyer's market is possible under current conditions and emphasizes the strategies real estate professionals can use to successfully navigate these unpredictable waters.

Our hosts further underscore the hyper-local nature of real estate trends, highlighting the fact that inventory is just one piece of the puzzle, and that changes in buyer demand, economic shifts, and global events can rapidly transform market conditions. They go on to stress the importance of staying informed and adapting to local market trends, while also acknowledging the significant role psychology plays in real estate decisions. Noting that real estate professionals must be agile and proactive, Matt and Garrett offer listeners here today the opportunity to gain a thorough understanding of how the market's volatility requires constant vigilance and strategic adjustment to achieve success.

Don’t forget, if you’re ready to take your life to 11, join Life at Ten Tenths’ exclusive online ‘11 Circle’ community for live coaching, Success Lab Workshops, accountability, a resource library, powerful networking - including referrals - and so much more! Founding Members get lifetime Legendary Access (including future content) with a one-time payment for a limited time. Unsure? Explore the community for free or try a monthly plan.

Start living your best life now! Visit lifeattentenths.com.

Episode Highlights:

00:00 Impact of Supply on Real Estate Markets

02:18 Local Real Estate Market Differences

04:39 Balancing Inventory and Buyer Demand

06:29 Market Mindset and Consumer Behavior

09:30 Predicting Real Estate Success in Any Market

13:39 The Psychology of Home Buying and Selling

16:51 Unpredictable Market Trends in Real Estate

24:02 Transitioning from Seller’s to Buyer’s Market

25:24 Navigating High Trading Real Estate Markets

Key Takeaways:

“The market can flip from a seller's to a buyer's market at any time. All it takes is enough sellers deciding to sell."

"Inventory levels alone don't determine a buyer's or seller's market. Demand can change the game."

"In a strong buyer's market, you must be aggressive. Get to the front of the line."

"Patience is key. You can't always predict market performance based on past data."

"There's always a market for real estate. It's about educating your clients properly."

"Mindset and beliefs about the economy can significantly impact buying and selling decisions."

"High trading markets mean buyers and sellers are actively swapping properties. That's what you want."

"Don't hold on to absolutes. The market can change quickly, often under your nose."

"Educate your buyers and sellers about the current market conditions to help them make informed decisions."

"Always talk to other strong listing agents to understand the current buyer pool and market activity."

Links:

Life at Ten Tenths Website: lifeattentenths.com

Life at Ten Tenths on YouTube: https://www.youtube.com/@lifeattentenths

Inspired by some moments of self-reflection, Matt and Garrett return today to tackle the common struggles of perfectionism and procrastination, offering up their own experiences as examples. Together, they emphasize how perfectionism often becomes a form of procrastination, paralyzing entrepreneurs and business owners from taking action. Through real-life stories from their work in real estate and entrepreneurship, they highlight the importance of overcoming overthinking and embracing imperfect action.

With their trademark mix of humor and practical insights, our hosts explore how new technologies, decision fatigue, and the fear of imperfection can all hinder progress, making accountability a crucial tool in breaking the cycle of inaction. Encouraging listeners to focus on progress over perfection, they stress the power of taking immediate action, no matter how imperfect it may seem, and explain how even small steps forward can lead to meaningful growth, whether in creating content, launching new projects, or delivering services. Authenticity, feedback, and iteration become key themes as Matt and Garrett demonstrate here today that taking action and learning from results is the only way to move forward and achieve success, rendering progress the ultimate driver of growth.

Don’t forget, if you’re ready to take your life to 11, join Life at Ten Tenths’ exclusive online ‘11 Circle’ community for live coaching, Success Lab Workshops, accountability, a resource library, powerful networking - including referrals - and so much more! Founding Members get lifetime Legendary Access (including future content) with a one-time payment for a limited time. Unsure? Explore the community for free or try a monthly plan.

Start living your best life now! Visit lifeattentenths.com.

Episode Highlights:

00:00 Overcome Perfectionism with Action

00:23 Why We Procrastinate as Entrepreneurs

01:06 Double Down on Creating Valuable Content

02:27 The Perfectionism-Procrastination Connection

02:53 Dan Martell's Quote

03:14 Excuses We Use to Avoid Taking Action

05:19 Stop Overcomplicating

07:05 The Power of Imperfect Action in Marketing

08:59 Embracing Imperfection in Real Estate Marketing

10:22 Fear of Feedback Stalls Progress

11:34 Perfection Does Not Equal Results

12:08 Importance of Analyzing and Iterating Content

13:14 Overcoming Perfection Paralysis in Social Media

14:04 Get Your Voice Out - Action Trumps Perfection

15:42 Eliminate Hurdles by Tackling Small Steps

16:22 Coaching and Accountability to Fight Procrastination

18:22 Experience Results by Taking Action

20:31 Why Perfection is an Illusion in Real Estate

23:27 Trust in Your Authenticity

26:28 Join the Eleven Circle for Real Estate Coaching

Key Takeaways:

"Your perfection is actually procrastination. It's an excuse to delay action."

"Taking action, even imperfectly, will make you feel accomplished and benefit your business."

"Skip the perfection, get it out there, and then learn from the feedback."

"Find your own pattern and way. Perfection will come with time."

"Eliminate the hurdles to action. Take the minimum step forward and build from there."

"If your service or product is good, you can't break it through marketing."

“If your intention is good, have fun with it. Take action and learn.”

Links:

Life at Ten Tenths Website: lifeattentenths.com

Life at Ten Tenths on YouTube:

Matt and Garrett begin by talking about gratitude and sleep here today, and then quickly dive into exploring the transformative power of a learning mindset and how continuous learning is essential not only for personal development but also for driving success in business. Through engaging stories, such as Garrett's son Otto's pursuit of knowledge, the hosts demonstrate how integrating learning into daily routines can help overcome obstacles and achieve lasting growth. By adopting a mindset of perpetual learning, you can elevate both your professional and personal life, breaking free from stagnation and unlocking new opportunities.

The episode highlights various strategies for acquiring knowledge, from reading books and listening to podcasts to participating in meaningful conversations and attending conferences. Our hosts stress the importance of teaching others as a way to reinforce your own learning and share valuable insights with your community. They emphasize that staying curious and continuously expanding your understanding is crucial for staying ahead in business, especially in rapidly changing industries like real estate. As our hosts clearly demonstrate here today, embracing a lifelong learning approach empowers you to adapt to new challenges and thrive in an ever-evolving world.

If you’re ready to take your life to 11, join Life at Ten Tenths’ exclusive online ‘11 Circle’ community for live coaching, Success Lab Workshops, accountability, a resource library, powerful networking - including referrals - and so much more! Founding Members get lifetime Legendary Access (including future content) with a one-time payment for a limited time. Unsure? Explore the community for free or try a monthly plan.

Start living your best life now! Visit lifeattentenths.com.

Episode Highlights:

00:00 Positivity and Gratitude's Role in High Energy

02:09 Importance of Continuous Learning for Success

02:48 Reading and Engaging for Growth

04:16 Using a Learning Mindset to Overcome Plateaus

07:01 Gaining Wisdom for Meaningful Conversations

07:57 Avoiding Reactionary Thinking by Diving Deeper into Topics

10:00 Learning from Books to Reinforce Success Principles

12:13 Staying Relevant by Constant Learning in a Changing World

14:06 Value of Conferences as Learning Opportunities

17:29 Applying What You Learn to Grow in Business

19:15 Books as a Gateway to Learning and Personal Growth

21:37 Audible and Podcasts as Learning Tools

23:57 Interviewing and Asking Questions for Deeper Learning

25:52 Sharing Knowledge to Build Authority and Trust

29:05 Challenge to Focus on New Learning Areas in Real Estate Every Month

Key Takeaways:

"Readers are leaders and learners are earners. If you want to be a great leader and earn a lot, read and be a learner."

"Being in a learning mindset helps you avoid plateaus in your business. Always ask: What are you reading currently?"

"Always be learning. It allows you to adapt to the fast-changing world and stay ahead in your business."

"Dive into topics like interest rates, investments, and commercial real estate. One focused month can transform your knowledge."

"Learning is great, but applying what you learn is crucial. Teach what you learn to reinforce your understanding."

"Ask questions to learn from those around you. There's always something valuable to gain from others' experiences."

Links:

Life at Ten Tenths Website: lifeattentenths.com

Life at Ten Tenths on YouTube: