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.
Federal Reserve Interest Rate Cut
Over the past year, the Fed has steadily lowered interest rates to support economic stability. After holding rates at elevated levels to combat inflation, officials began cutting borrowing costs in September with a significant half-point reduction, followed by another quarter-point cut last month.
Raleigh-Durham Real Estate Statistics
As of this morning, there are 7,860 active listings in the sixteen-county base area of the MLS in the Raleigh real estate market. That is down from over 8,000 active listings from late September 2024 through the end of November. These stats include data from the...
Apollo Forecasting 10.8% Increase in Home Prices in 2025
Analysts from Apollo Global Management have forecasted a significant 10.8% increase in U.S. home prices for 2025
Key Trends in Home Buying and Selling: Insights from NAR’s 2024 Profile
This annual report, which has been published since 1981, offers a snapshot of home-buying and selling trends based on transactions completed between July 2023 and June 2024. Here are the key takeaways:
The Changing Cost of Buying a New Home vs. an Older Home
In the U.S. housing market, there’s been a big shift recently: the difference in price between newly built homes and older homes is getting smaller. In the past, buyers often paid more for a brand-new home.
New Ethics Elective Coming in October
Ethics in Real Estate Advertising is a four-hour continuing education course approved by the North Carolina Real Estate Commission and also meet the 2.5 hour requirements of the National Association of Realtors for ethics.
Real Estate Lessons from a Music Producer
In my years in the DJ business which crossed over with my early real estate career, I learned many things about business that I still apply today. One of the people I looked up to is a guy named Rick Rubin.
Opt Out of LinkedIn AI
If you are a LinkedIn user in the United States, you were recently automatically opted in to let LinkedIn use your data and content to train its generative AI models.
The 7 Biggest Wastes of Time for Agents
The 7 Biggest Wastes of Time for Agents Consuming content instead of creating it. The average person spends almost 2.5 hours per day on social media. That’s over 112 hours per month. That’s over 1,344 hours per year. Social media is an incredible waste of time...
Economic Analysis Based on Gavekal’s Four Quadrants
Let’s pursue an economic analysis based on Gavekal’s Four Quadrants discussed earlier this week. Today, we are clearly in an inflationary boom.
Gavekal’s Four Quadrants of Economics Explained
Gavekal’s Four Quadrants of Economics is a way to understand how the economy works by looking at two main factors: growth and inflation.
Twelve Days of Christmas Gifts
For four decades, PNC has been calculating the costs of the 12 gifts mentioned in the famous holiday song, “The Twelve Days of Christmas.”
Q&A with Dave Phillips, CEO, Raleigh Regional Association of Realtors
With the recent rise in dues for my membership to the Raleigh Regional Association of Realtors, I had many questions. A $100 increase in local dues at a time when most Realtors business is down by 20%-30% or more was not good timing and I vented my frustrations in a...
Laws Limiting Foreign Ownership of Land Gaining Popularity
States around the country have been preparing for a fight over their efforts to prohibit foreign ownership of land, particularly farms, amid national security fears and some political grandstanding.
Guilty Verdict in Sitzer Burnett
Opinion: On Tuesday, October 31, 2023, the real estate industry felt a rumble to a system that has been in place for over 100 years with the guilty verdict in the Sitzer Burnett trial. The jury awarded over $1.7 billion in damages, which, under Missouri law, triples...
Guilty Verdict in NAR Conspiracy Trial
Kansas City, MO- The jury in the case that has become known as the “Sitzer Burnett” case has issued a verdict against the National Association of Realtors (NAR), Keller Williams, Anywhere (formerly Realogy, which owns Coldwell Banker, ERA, Century 21 and others), Home...
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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Ethics in Real Estate Advertising
Dive into marketing and advertising like never before while getting CE credit and NAR Ethics credit.
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Leveraging Artificial Intelligence in Real Estate: Understand the basics of artificial intelligence while being compliant with local, state, and federal laws, rules, and regulations.
Cons, Scams, and Hacks
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