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Marc King - KW President, Opportunities During a Shift
Manage episode 354488819 series 2570860
Sir Colin Campbell & Gary A. McGowan, Sir Colin Campbell, and Gary A. McGowan에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Sir Colin Campbell & Gary A. McGowan, Sir Colin Campbell, and Gary A. McGowan 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
The Not So Black and White Real Estate Podcast: An Interview with Marc King
https://www.realtychatter.com/post/what-happens-in-a-shift
In this episode of the Not So Black and White Real Estate Podcast, hosts Sir Colin Campbell and Gary McGowan interview Marc King, President of Keller Williams International. The interview takes place on-site at one of the biggest real estate events in Canada.
Marc shares his thoughts on the current real estate market and the opportunities available in this shifting market. He mentions that a lot of people are afraid of the current market, but according to him, smart people turn in the opposite direction of the market's movement. He also mentions that there are a lot of experts and gurus talking about the housing market crash, but the data shows that there is no collapse coming. With 5 million more millennials at peak buying age compared to Gen-Xers in 2008, the market has a supply and demand problem and a math problem.
Marc also mentions that the number of agents in the industry at any given time is proportional to the number of commission dollars to be earned. In 2008, when the market declined by 30%, 30% of the agents dropped out as there was less commission dollars to be earned. This time, however, the market is different, with a 38% increase in agents in the industry.
To wrap up, Marc highlights the opportunity available in the current market and emphasizes the importance of looking at the data and facts, instead of following the opinions of experts and gurus who might not have all the information.
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