The Abode Group

Traders are now 100% certain the Federal Reserve will cut interest rates by September.

There are now 93.3% odds that the Fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in September from the current 5.25% to 5.50%, according to the CME FedWatch tool. And there are 6.7% odds that the rate will be a half percentage point lower in September, accounting for some traders believing the central bank will cut at its meeting at the end of July and again in September, says the tool. Taken together, you get the 100% odds.

Traders see the odds of a Fed rate cut by September at 100% The probabilities are based on trading in CME fed funds futures contracts.

Amidst all the divisive news from this weekend, here is a pretty cool feel-good story to start off your Monday morning!

‘Absolutely incredible’: Man rowing solo across Atlantic is surrounded by whales The appearance of hundreds of whales was amazing, rower Tom Waddington said. But when one slammed into his boat, "suddenly it turned from David Attenborough into Moby Dick. And I was really scared."

Where are my commercial/construction lenders at?

Stop letting the blind proofread your Vision.

With 7 cities in the top 20 move-out cities, California is ranked #1 in the nation for residents fleeing. Most cite crime, homelessness, traffic and politics/taxes as their reasons.
As a real estate broker, I see a lot of my clients moving to Tennessee, Florida and Georgia. Seems like North Carolina is fast becoming the #1 spot for 2024.
Where do you see a lot of your clients moving to?

Moving Trends | Where Are People Moving to in 2024? - PODS Blog Where are people moving to in 2024? Our latest moving trends explore the most popular destinations for this year.

The perfect coffee mug doesn't exi...

Perfect time to buy, keeping in mind and budgeting for the rising expenses. They also make a great negotiation tool.

South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments One real estate expert says, “this is just the beginning.”

I went down the YouTube rabbit hole at the gym this morning and I had some thoughts. If you want to increase your YouTube video viewership, here are some helpful hints from someone with ADD:

1 - Keep the length to under 15 minutes. Most of us follow a few people/channels that we watch religiously. No one has time to watch long videos when we have a bunch that we want to watch.

2 - Break your content up into sections. You can do this via the play bar at the bottom of the video. If you talk about several topics or even subtopics and we want to move on to the next topic/subtopic and it is hard to immediately jump to the next part, we simply stop watching it.

3 - Stop with the bait & switch. Your subject line should be honest. You'll eventually lose us as a subscriber if you do it too much.

4 - Use graphics for pete's sake. A whole video of you just sitting there talking is extremely boring.

5 - Use storytelling. If you don't have a story, tell someone else's (with permission of course).

6 - For the love of God, please trim your nose hair. Seriously.

7 - Pick a decent thumbnail (see #3)

8 - If you have background music or use sound effect, make sure it isn't so loud that it drowns out your voice. I was watching a REALLY interesting real estate video but their sound effects with the graphics was louder than their voice so it was hard to actually hear what they were saying.

If you have a YouTube channel that you think I might find interesting, drop a link in the comments!

I had a lot of great responses to my questions yesterday.
Second question for my fellow real estate industry friends:

What do you get in return for your monthly office fee (or whatever your brokerage calls it) and your commission split? Is it actually worth it?

(We all know running a brokerage costs money and it IS a business so please give answers from YOUR perspective, from how it affects YOU, not the brokerage perspective.)

Question for my fellow industry friends:
How many of your clients chose to work with you because of the name of the brokerage you were with vs chose you because you are you?

Non-real estate friends are welcome to answer too. Did you choose your agent because of the name of the brokerage or because you connected/trusted the actual person?

Those days when you are drained.
Those days when you have no energy.
Those days when you are exhausted.
Those days when it feels like you have nothing in left in the tank.
Those days when you have no motivation.
But you do it anyway.
Those are the best days ever.
The workouts are better.
The productivity is higher.
The satisfaction at the end of the day is amazing.
All because DISCIPLINE always beats motivation.

Not all Storms come to disrupt your life, some come to clear your path… Always Forward.

"Hard sales is really nothing but bad branding. Brand is everything."
~ Alex Hormizo

"Without courage we cannot practice any other virtue with consistency. We can't be kind, true, merciful, generous, or honest."
- Maya Angelou

We got our client a $10K price reduction AND a $15K seller credit!! Don't tell us that deals aren't to be had in this market.

Great pic from our recent trip to Brasov, Romania last month to meet the crew at KW Brasov! We had a great time putting our collective minds together and brainstorming. Adriana and I look forward to going back in March, 2024 and spending more time with our fellow agents/brokers/imobiliares.😎

Just launched and already on top!

Super cool!

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