INVESTORS TIME TO TAKE ADVANTAGE OF THE CHAOS OF 2020 / Peter Lorimer - The Real Estate Entrepreneur Podcast

Greetings and welcome to the Real Estate Entrepreneur Podcast; I am your host Peter Lorimer, former hit record producer, now the host of the show Stay Here on Netflix, and Owner/Founding Partner of Corcoran Global Living LA.

2020 has been the most chaotic year that I can remember. And with chaos there is opportunity. Today’s podcast dives into how to serve your buyers and investors during the most chaotic part of the year.

By fusing together a global pandemic, polarized Election, a second wave of Covid, and interest rates for investment properties that are the lowest I have ever seen this creates the perfect mix of opportunity. I share with you some of my thoughts to take advantage of this market at the end of the year. Naturally, we are not in the business of taking advantage of people who may be suffering from the virus as we must take care of each other first. However, there are may well be people who want to sell because maybe they’re leaving the state who might be open to selling at more of a deal than they would be once the future becomes clear.

Alright, let's get into this week's Real Estate Entrepreneur Podcast.

 

Golden Nuggets from this episode:

[03:14] "The best time to sell is always spring into summer, regardless of where you are, even if you're up in cold, snowy, Winnipeg."

[05:05] "when there is confusion or not confusion, but when the future is a little bit opaque, that's when I'm like, bam, let's go out, let's go shopping.”

[05:53] "as an investor or someone that wants to pick up a second home as an investment, for example, you can now storm into the battlefield of confusion and get the sexiest rate I have ever seen in 17 years, ladies and gentlemen, it really doesn't. This is a no brainer."

 

Thanks for being here,

PL