Real estate is a fast-paced industry, full of opportunities and challenges. Becoming a real estate agent is a rewarding career and one that requires self-discipline, hard work and dedication.
In today’s episode of Fly the Coop podcast, we are joined by Stephanie Spading of the Cari Ann Carter Group. Stephanie has been serving the Twin Cities and beyond in real estate for several years. She is dedicated to educating consumers and making it simple and easy to buy or sell a home.
If you are interested in real estate and want to learn more about the industry, then this podcast episode is for you! Steph talks about her experience in real estate and why she chose a career in real estate. She gives us a deep dive into her entrepreneurial journey and her experience working with the Edina Realty group. She talks about the factors that affect real estate pricing and how to prepare yourself and your clients for the real estate market of today. Enjoy!
Topics Discussed and Key Points:
Timestamps
[00:48] A little bit about Steph and when she first got her license
[01:26] What led Steph to choose a career in real estate
[03:36] Steph's advice to aspiring real estate agents
[05:34] Is entrepreneurship learned or organic?
[07:27] Steph's experience with Edina Realty in comparison to other brokers
[12:26] Steph's perspective on the real estate rate differential
[13:47] Steph's take on luxury, what's going on with pricing, and how clients are currently viewing inventory availability
[15:37] Comparison of home quality and how clients perceive home quality and value
[16:52] The balance in the differential in terms of inventory volume
[17:12] Steph's work-life balance and her side hustle
[20:19] Why is navigating time blocking the most difficult part for Steph?
[20:55] Other things Steph does to achieve work-life balance
[21:32] Steph’s schedule
[23:06] Steph's parting shot and what she's looking forward to in 2023
Notable Quotes
[00:02:01] “I've always been attracted to more entrepreneurial-type jobs. And so real estate had always been something that I had considered. I'm a very creative person and design and things like that have always been really attractive to me.” [00:02:14]
[00:04:06] “Really putting in the work now that pays off later is something that I think I knew. That's how this business worked, but I didn't really know until I was in it. [00:04:18]
[00:04:26] “It's really normal to want something that's a little more instant gratification. And that's something that, you know, I've grown up with kind of having that, you know, you want something, you go on Amazon, your purchase arrives the next day.” [00:04:39]
[00:05:35] “I've always been attracted to those types of jobs just because freedom and flexibility are things that are really important to me.” [00:05:43]
[00:07:27] “Edina Realty really does have the tools and the resources and the people to support you. So, whether you're an independent agent or on a team, there's a ton of value there.” [00:07:38]
[00:12:42] “We work with all sorts of people, but you know, back to the millennial piece, I've helped a lot of millennial first-time homebuyer type clients and all they've known are these crazy record low-interest rates.” [00:12:54]
[00:13:51] “Luxury is low on inventory as well. But we are seeing things sit on the market a little bit longer as our average days on the market has, you know, increased. So that's been giving the opportunity to really show clients some luxury product.” [00:14:04]
Resources
Connect with Steph
Connect with Carrie Ann Carter
Call to Action
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