The Double Comma Club

The Double Comma Club header image 1

Lower Interest Rates Have More Benefits Than You Realize

1200x600-tdcc-alert-20200625-.png

Interest rates are at an all-time low which means a lower monthly payment. But how much? If you are thinking of purchasing a home for $400,000 with 15% down at 4.25%, between taxes, mortgage interest, insurance, and principal, your monthly payment would be around $2,125. BUT that same home purchased at 3.25%, that would lower your payment to about $1,900. What are you going to do with that saved $225/month? If you put that saving BACK into your home, you'd pay off your mortgage 6 years earlier. This would also save you $41,000 in interest. Listen to the rest of this 3-minute tip to get more information.

 

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Competitors aligning, fun with your team and riding the wave of change.

1200x600-tdcc-jana-miller.png

It's 2020 and we are all being challenged to think outside of the box. You have to put the wide lens on to make sure your plan of action encompasses everything you value and what makes your company unique. And when it comes to real estate, an industry based on connections, it's even more important. This week we are spending time with Jana Miller, Managing Broker of Live Urban Real Estate. Jana has a background that helped her be a fantastic leader for her team during a challenging time. When quarantine began she knew Live Urban had to be a place for information, direction and community, supporting not only within but industry-wide. During our time together, Jana shared how Live Urban stepped up and found new ways to engage.. which included their fun side!

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Colorado New Home Construction Trends and Recommendations

1200x600-tdcc-nathan-adams.png

Nicole's guest is redT Homes CEO, Nathan Adams. He brings a unique perspective to the real estate market in the Denver Metro area because his firm's sweet spot is new construction. First, they covered the growing popularity of townhomes over condos because of shared spaces, including elevators. A townhome is your own germs, your front door is your own. 

Closings for his firm have gone way up to give them their best month in the 15-year history of their company.

He credits part of this to his firm's ability to track the hidden inventory. When new condos and townhomes and homes are built, they don't release all of them at once to the market. They trickle them out in phases.

Because rates continue to be lower, we will continue to see people able to afford 10% more in housing prices than they were before.

He says they are looking into meeting the new needs of home buyers. They are looking for a home with private space - an office, even 6 x 6 to give them a door, privacy for when they work from home. They are looking for a property where they can build 800 - 1400 square foot 2 bedroom homes that still have one or two-car garage, high-end appliances, counters, smart home features, and that private space.

He recommends that agents keep up on zoning changes in your area to know what's coming soon, and perhaps a couple of years down the road.

Be sure to subscribe at the right so you never miss an episode. Find us in your favorite podcast apps, too.

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Your first real estate investment, it really is that easy.

1200x600-tdcc-rylan-Pyciak.png

Nicole asked Rylan Pyciak for his advice for the first time investor. He says, 
"Learn, get educated, attend the seminars, find a trusted advisor, then jump and make the move!"

He's putting this in practice while fulfilling the requirements by Freddie Mac and Fannie Mae before adding his next property. His goal is to own five or six properties. 

A New Investor Story | It Really Is That Easy
Anyone can become a real estate investment owner. There I said it. This is an opportunity that is open to anyone. And the best part is that it can provide so much for not only your current monthly income but it can help you build wealth exponentially over time. I had the chance to sit down with Rylan Pyciak, who has done a phenomenal job over the last 13 months EASILY kicking off his investment portfolio and securing his financial future, even during times such as these. As a business owner, he knew he needed to add to his portfolio to create financial stability. He knew that just owning his company wasn't enough. I'm grateful that he took the time to share what the most important steps were to him in the process. In turn, I hope this can help you know how to start the process of becoming not only a homeowner but own multiple investment properties. Because when you build wealth through real estate you open up a multitude of possibilities.

Want to learn more? Join our Building an Investment Empire Class at https://bit.ly/37CyD7C 

Deeper Conversations Lead to Stronger, Longer Business Relationships

1200x600-tdcc-lori-pace.png

Get to know Lori Pace who is way more than an associate broker at Kentwood. This movement leader, compassionate, talented agent talks with Nicole on this Agent Talk episode on The Double Comma Club. Here's a taste, "What I did differently last year changed my business significantly. I stopped focusing on the revenue and started focusing on the relationship. And by me being me, my business almost doubled because I stopped pretending that I was just a Realtor because I am not just a Realtor. I think a lot of us do this, we pretend that we don't have families. We pretend that we don't have loss. We pretend that everything is okay. I stopped pretending and showing up and being real about it.

When I started going after my passion, the revenue showed up. I don't think there was once that I had to advertise a listing or what I did. I was doing what I normally do in my life, and things started to change as I was doing more things business. I was doing life, and I was doing what was important to me, and somehow the power of attraction worked out. Whereas I was more excited about my mission in life and my relationship."

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Offer Safety and Security, Not Bricks and Sticks.

1200x600-tdcc-nilmini-hecox.png 

Nicole's guest today is Nilmini Hecox. She left us with an interesting perspective as an immigrant from Sri Lanka, turned real estate agent. Our real estate culture here stuns her. As she has become more vulnerable and personal with her clients, she's gained so many insights and stronger relationships. Nilmini says, "The service I offer is about safety and security, not bricks and sticks. We are in the midst of this wave of change that may never reach the shore." Please listen to this 10-minute episode of her story and what she has done to ride this wave of change for the benefit of her clients.

Your partner in building wealth through Real Estate,

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Denver Metro Market Trends June 2020 - Whose Market Is It?

1200x600-tdcc-DMAR-20200603.png

2020 has been a year of historical proportions (what else could possibly happen?) and it’s changed the real estate market. Buyers and sellers alike are no longer only asking, “Do we love this home,” but are now asking questions like, “Is it big enough to work from home?” “Does it provide opportunity and space for my children to play if schooling at home?” And, ultimately, “Is it safe?”

These shifts reveal the new buyer psyche. For as much as the market remains a seller’s market, current events are changing buyer behavior which will impact limited inventories. Read the rest of the blog at https://theruethteam.com/Market-Trends 

Your partner in building wealth through Real Estate,

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

Back to Basics to Build Your Long-term Value to Your Clients

1200x600-tdcc-euan-graham.png

When everyone is looking for a shiny penny, the technology to bring in more business, Euan is focusing on the basics. "At the end of the day, you are your business." You've got to KNOW how you are approaching your business, the value you are bringing to your clients, and your differentiator. If you can't express the simple 'why' you do what you do; you can't serve the people you were meant to serve. This week we visit with Euan Graham, DMAR Chair, Realtor Madison and Company and get the simple perspective from an Immigrant.

"Life is too short to be around negative people." – Euan Graham

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com 

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw 

The Market is Rebounding

1200x600-tdcc-alert-20200527-.png

The economy is finding it's footing as people move from safer at home to back to work.. as restaurants and stores begin to open and some sort of new normal takes shape. Real estate is bouncing back with a resurgence in demand and opportunities ... even in this "recession". The nation as a whole is suffering shortages, and demand is ramping up so prices are going up and up! Key indicators suggested before pandemic there would be higher demand, but because unemployment has skyrocketed, the market dropped in April. But get the full story here.

 

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500 Englewood, CO 80110
303-214-6393 www.TheRuethTeam.com

Real Estate is Essential, Realtors are Not

 1200x600-tdcc-agent-bret-weinstein.png

 

Sometimes as real estate industry professionals we get caught up in the success, in the transaction, counting units and production. Those are real and tangible and feel good. But when we celebrate the client's success, remembering who the real estate industry is really about, then we stop making it about us and are able to make a dramatic difference in people's lives for today and all of their tomorrows... it's multigenerational.

Nicole asked Bret, "What would you say is the one thing that you've learned during this time, right during Covid19? We've all had to rethink everything. What was the one thing that you've learned that really stands out?"

When we go back 10 20 30 years, in real estate. We sometimes it feels like we just lose our way and we start to focus on our commissions. We start to focus on the money, and we start to lose sight of value, our award ceremonies. It's based on production, not how many families we've helped. It's based on size. Not how many individuals do we help to achieve their goals, and sometimes we get so focused on those numbers and we forget that this is the biggest transaction in people's lives. In the past 20 to 30 years we've dropped the ball on that a little bit. As Realtors and real estate agents, we've allowed companies like these disruptors, the big companies -  Zillow, Redfin, all these companies to come in. Because we've been focused on not the consumer but on the general process and kind of where it takes us. 

It is much more important right now than it ever has been for us to focus on being of value to these people because there's a lot of people are gonna be put into really difficult positions and they're looking at us to be the experts. A lot of people have lost their jobs. If they can't refinance, if they can't call you to get something done and they got $200,000 of equity. We have to be that frontline, and there's going to be so many people out there that are gonna be taking advantage of that.

We said real estate agents are essential.
They're not.
They never have been.
They never will be.

We're a byproduct of something that is essential.

Bret says, "The real estate industry making that dramatic difference in people's lives that are essential. Hyper-focusing on that has really helped us to grow. And the nice thing is, if you build your business this way, it really seems like you get a lot more referrals. You get a lot more people who are actually coming to you because you're an expert. They know that you care.

If you're not sharing and you're thinking that everything is limited, then that's keeping you playing small. "

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue, Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com 

Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/ 
Twitter: https://twitter.com/nicolerueth 
Linkedin: https://www.linkedin.com/company/the-rueth-team-fairway-independent-mortgage/ 
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw