Market Update with a $80M+ Commercial Real Estate Investor

Due to the federal reserve's monetary response to the COVID-19 pandemic, supply chain disruptions, oil prices, etc., we are now in what I am referring to as - an Affordability Crisis.

With the number of home sales being down for the last three months straight (down 12.6% locally in Northeast Florida) and more agents in real estate school than ever (1.2M+), it's time to get focused.

So the question for you is:

Are you going to increase your activities or decrease your goals?

Recently I had the privilege to go on a private retreat with several other highly productive entrepreneurs.

While we often talk about family and business, we also go over life models, which our moderator shared with us. 

You may find useful - or at least interesting - these two mental models below, that I took away from the retreat. You may consider applying in your own life and circumstances.

With interest rates increasing and expected to increase three more times by the end of the year, it’s hard to see that the real estate market won’t be impacted.

Jacksonville Real Estate Market Shift 2022. Two days ago I publicly stated that we are “at or near” the peak of the residential real estate market. Of course, no one knows the future, yet multiple data points are flashing Yellow or Red and are becoming harder and harder to ignore.

Momentum Sponsors Ladies Night Out for Rethreaded Non-Profit

Momentum Realty Becomes Trustee Member of Jax Chamber

Jacksonville FL Market Update, March 2022

Momentum Realty Agent Partners had a strong Q1 2022!

Momentum Agents served 359 Families in Buying or Selling a Home in Q1 2022.

Momentum Agents created $3.28M in Revenue AND saved approximately $920,614 in Commission Dollars by switching to Momentum Realty.

Becoming a Florida real estate agent is fairly simple... but what happens when it comes to actually finding the right florida real estate brokerage to hang your license? They tend to avoid tough questions and you end up signing an Independent Contractor Agreement that sends you into growth, profit, and legal trouble. In today's video, Jon talks about what you should be asking to find the right Florida real estate brokerage. Whether you're looking to be a Jacksonville Real Estate Agent, Tampa Real Estate Agent, Orlando Real estate agent, or anywhere else, we believe we are the right Florida Real Estate Brokerage for you!

In our latest edition of the RElationships series, we are thrilled to have Momentum Realty’s founders, Brittany and Jon Brooks, sharing insight into their journey to real estate, starting their own brokerage, and some of what they have learned along the way. Brittany and Jon reside in Jacksonville, FL and are members of the GoBundance Tribe. We hope that you find their story as informative and inspiring as we did!

Jacksonville Real Estate Market Update - March 2022

Almost a year ago I turned 30. I spent half the day writing down life and business lessons that I could pass on to my two kids someday. Some of these lessons I live by, and some of them I relearn often.

I share these lessons with you now in case they may be of value. Maybe they won't. Either way, they're a good reminder for me, and hopefully one day my kids can learn from them and upgrade them as the world evolves and transforms.

My prediction is that local housing prices will continue going up until we experience more supply. Supply is being hindered by the 3L's - land, labor, and logistics. Scarcity (a lack of supply) is what really causes prices to go up.

You win games by getting First Downs, not by throwing Hail Marys.

For the real estate world, a First Down today is setting a listing appointment daily. An example of a Hail Mary would be doubling down on online leads and praying the market changes and provides more housing supply.

Momentum Realty, the fastest growing independent brokerage in Northeast Florida.

Momentum Realty Best Real Estate Brokerage Florida

Momentum Realty Launches Ascend Realty, a New Brokerage for Less Experienced Agents, Co-owned by Momentum Top Agents

Momentum Realty announced today that its agents who place in the top 5% of producers in their markets will soon receive $5,000 worth of phantom stock units.