In other words...
News, Thoughts, and Insights.
BRIAN PATE – REALTOR®, Real Estate Instructor
Brian@PateRealty.com
919-669-4575
Brian Pate has been a well-respected real estate professional for over 30 years. During his time in the business, he has served as an agent, manager, instructor, coach and trainer for over 20,000 real estate students. In addition, the teams he has managed and coached have produced over $2 billion in real estate sales under his leadership.
Are We In A Housing Bubble?
Many people are asking, “Are we in a housing bubble?” The simple answer is, “No.” There are no indications that we are in a housing bubble even though we are in the first phases of a recession.
DIY Jobs Sellers Should Avoid
As the pandemic kept people at home, in some cases for more than 18 months, many became overconfident with the “Do It Yourself” (DIY) skills.
Bobby Bowden Obituary One Year Later
One year ago today, Bobby Bowden, former head coach of the Florida State Seminoles passed away. As a little boy in Tallahassee, Florida, I remember when Florida State hired Bobby Bowden in 1976 as the head football coach from West Virginia University. FSU had...
Triangle Real Estate Statistics for July 2022
July has been an interesting month in real estate activity in the Raleigh and Durham region of North Carolina. The number of listings is up, as are the number of sales, while days on market has started to shift due to some new rules with the Triangle MLS.
Triangle MLS Merger With Alamance-Burlington MLS Getting Closer
The Triangle MLS (TMLS) Board of Directors announced to members on July 19, 2022 that an agreement has been reached with the Burlington-Alamance Association of Realtors to merge with the 2nd largest MLS in the state of North Carolina.
Fed Rate And House Values Going Up
Today starts the Fed’s 2-day meeting. Expect the Fed to increase rates by ¾ of one point on Wednesday afternoon July 27, 2022 at their 2pm press conference.
More Than 5,000 Active Listings On The Market In The Raleigh/Durham Area
For the first time in two years, there are more than 5,000 active listings on the market in the Raleigh/Durham area
My Friend Charles Johnson, Former NFL Wide Receiver
Charles Johnson Tribute from Brian Pate Please bear with me for this one as I leave the real estate discussion to discuss something on a personal note. On Sunday night, July 17, 2022, I received a call that would change my life. The call was from Pat Kennedy, the...
Harmful Effects of Changing the List Price
Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property every day.
How many Realtors are there?
I am often asked, “How many Realtors are there?” For many, it may seem like everyone has a real estate license and sells real estate “on the side.”
Material Facts Disclosures for Realtors in the Town of Wake Forest
Material Facts Disclosures for Realtors in the Town of Wake Forest Real Estate Agents selling a home as a listing agent or buyer agent must disclose items that affect a property, per rules and regulations set forth by the North Carolina Real Estate Commission and...
How much money do real estate agents make?
Whenever I speak to a person who has aspirations to be a real estate agent, one of the first questions always asked is, “How much money do real estate agents make?”
Triangle MLS Merges with Longleaf Pine MLS
In May of 2022, the Triangle MLS system merged with Longleaf Pine MLS to create a large multiple listing service that serves most of central North Carolina.
North Carolina Supreme Court Rules on Due Diligence Case
On June 17, 2022, the North Carolina Supreme Court issued a decision that affects real estate transactions using the Due Diligence Fee and it is important that Realtors are aware of the ruling.
Eight Pieces Of Wisdom That Can Change Your Life
Eight Pieces Of Wisdom That Can Change Your Life Words are powerful. Use them wisely. People come and go, but the right ones stay. You are doing enough even if it doesn’t feel like it. Failure is when you don’t try. Random acts of kindness make everyone feel better....
Homeowner Equity Gains
Homeowner equity gains in the United States averaged $64,000 during the twelve-month period from April 1, 2021 through March 31, 2022 according to Core Logic. The gain is the largest one-year gain in history. Equity is the current value of your home minus what you own...
YEARS IN REAL ESTATE
NUMBER OF AGENTS IN NC BRIAN TEACHES PER YEAR
In Real Estate sales through teams Brian has managed
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