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#455353 - 11/09/16 06:06 PM Is Trump Going To Make Real Estate Great Again?
TheBPOExpert Offline
Member

Registered: 01/22/12
Posts: 106
Loc: Georgia
I'm just curious as to whether most agents think Trump will be good for realtors and the industry or bad. I'm guessing good.
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#455354 - 11/09/16 06:23 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7590
Loc: Vermont's North-East Kingdom
Trump will guarantee a minimum of $100 per BPO; but Hillary would have raised the Fee to a princely $150 !

Another set of campaign promises now fallen by the wayside.

Good thing there's a fall back position in relying on Commissions.
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Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#455378 - 11/10/16 04:58 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
David Hunter Offline
Major Contributor

Registered: 09/27/05
Posts: 1597
Loc: Cleveland, Ohio
Only time will tell.

If we as a nation can't come together as one then it really won't matter.
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David Hunter | Retired RE Agent |Direct-Response Marketer
www.DukeOfMarketing.com/7-Real-Estate-Marketing-Strategies/
www.TheSaviorsMinistry.org


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#455427 - 11/15/16 07:53 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: David Hunter]
VABroker Offline
Veteran Member

Registered: 11/02/10
Posts: 1031
Loc: Virginia
I'd say as long as government and regulations (not that I am a fan of regulations) allow lenders to offer no doc/no income mortgages or 1st/2nd mortgages with no buyer money in it, I don't see why the real estate market wouldn't continue on its typical journey of highs/lows. I'm not a fan of it myself; but, there are so many fools out there or those who believe 'someone' will take care of them, I certainly don't see the real estate market being affected in the future. What I would like is less bankruptcy/less foreclosure only for a person to be able to wait a year or two and get into trouble all over again and run the cycle again. I'm a firm believer in responsibility. Fool me once, shame on you; fool me twice, shame on me.

I am a Trumpster.

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#455515 - 11/19/16 05:00 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Emily88 Offline
Junior Member

Registered: 11/19/16
Posts: 1
Loc: China
From a foreign client perspective, it should be good.

It seems that buyers in Asia do believe that it is a great time to invest in US real estate now. This is a good article describing the greater interest:

Survey results of Chinese about President Trump: are you more likely to buy U.S. homes/real estate now?
53%: Yes
16%: No


Edited by Admin (11/19/16 09:04 AM)
Edit Reason: Link Removed

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#455525 - 11/19/16 06:28 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Tex Offline
Member

Registered: 02/11/14
Posts: 204
Loc: TX
It will likely vary by geographical location. What concerns me in TX is that our market has been very strong. Prior to the election I had not heard much about NAFTA, good or bad. Recently it has been reported that TX probably benefited the most from it and that we stand to get hurt pretty badly if NAFTA gets repealed.
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#455529 - 11/20/16 06:06 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
@tex

nafta is easy to hate until you look at the specifics, then the benifits become obvious. A lot of americans are going to lose their jobs when nafta goes away.

The biggest loss of factory jobs has come from robots, i guess they are the next boogy man for us to be afraid of.
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Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#455530 - 11/20/16 06:25 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: Bigtoe]
JohnN Offline
Member

Registered: 11/21/13
Posts: 223
Loc: Minnesota
Originally Posted By: Bigtoe
@tex

nafta is easy to hate until you look at the specifics, then the benifits become obvious. A lot of americans are going to lose their jobs when nafta goes away.

The biggest loss of factory jobs has come from robots, i guess they are the next boogy man for us to be afraid of.

That is so true. People are longing for the "good old days" of plentiful manufacturing jobs, that required no experience or education, and these jobs aren't coming back.

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#455566 - 11/21/16 07:17 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: JohnN]
VABroker Offline
Veteran Member

Registered: 11/02/10
Posts: 1031
Loc: Virginia
But you cannot deny a good number of those laborous jobs are still in China and other countries. I had gone to Kohl's department store awhile back. Ken was trying on some jeans (brand name but probably not made here anymore). Of the racks of men's clothes around me, I did not have to move even two feet and I had visited 10 different countries. The qualify of the fabrics used are dreadful, nearly see-through cloth. So, then, the next day, as everything I used (or ate) was picked up, I looked at the country of origin. BARELY, anything was made in the U.S.A. After 15 items, I gave up looking as it was disgusting. Please, tell me, how are we benefiting and where are we, as a country, benefiting?


Edited by VABroker (11/21/16 07:18 PM)
Edit Reason: correction

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#455569 - 11/22/16 05:50 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
11.5 million americans go to work everyday to make products that are exported overseas. If we shut down imports from other countries then they shut down imports from us and those 11.5 million workers no longer have jobs.

we could put those 11m people to work making products for us but are you willing to pay double for everything? You can buy all your clothes right now from american manufacturers but not in the department stores because they are too expensive for the average consumer so stores generally dont carry them.

Plus nafta has nothing to do with china.
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Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#455609 - 11/24/16 08:49 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Tex Offline
Member

Registered: 02/11/14
Posts: 204
Loc: TX
I just read an article from the Dallas paper that says NAFTA is responsible for ten times as many jobs in Texas as the oil industry---was---responsible for. The oil bust hit us pretty hard. Who knows if the writer knows what he is talking about?---probably not. But if he is just partially correct it could be a lot of jobs.

I have high hopes that Trump will erase all of the EPA regs that were put in place. If that happens it will be drill drill drill--again.

Our coal industry was devastated as well. Some of the mines are completely shut down.

I would love to see Trump completely close down the EPA---I mean scuttle the agency completely. And while he is at it---ban Ethanol!!!!!
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#455610 - 11/25/16 06:19 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
A client of mine owns coal mines in apalachia, he says the demise of coal is the cheap natural gas from fracking. The power companies have all switched over to cheaper gas.

cheap oil from fracking has also shut down oil wells with the glut of cheap oil. The glut of oil was created (with the help of opec) to put pressure on russia. Their main export is oil and their economy took a dive as punishment for invading ukraine. Now that we are buddies with russia the price of oil will go back up.

the keystone pipeline is canadian owned and will be built by canadians and it will carry canadian oil to boats waiting in our ports to take it overseas. All we will get out of it is the bill for cleaning it up.

the epa has been blamed for all of this as part of a coordinated campaign (by big business) to get rid of it. The epa was created when the chicago river caught fire for the second time. Everyone against the epa will change their minds when reality kicks in, unfotunately, it will be a horrible mess when that
time comes.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#455611 - 11/25/16 06:22 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
Is everone ready for $4.00 a gallon gas? It will be back in the next couple of years.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#455621 - 11/25/16 04:01 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: Bigtoe]
Tex Offline
Member

Registered: 02/11/14
Posts: 204
Loc: TX
Originally Posted By: Bigtoe
the epa has been blamed for all of this as part of a coordinated campaign (by big business) to get rid of it. The epa was created when the chicago river caught fire for the second time. Everyone against the epa will change their minds when reality kicks in, unfotunately, it will be a horrible mess when that
time comes.


I realize that the EPA does have a purpose. Nobody wants toxic waste dumped into rivers.

What I am vehemently against is any protection of a reptile, animal, etc. at the expense of energy production. We are losing lives in the middle east over oil. I am all for energy independence in the U.S. if it can ever be achieved.

Then there is Ethanol. It is a proven fact that Ethanol is a financial net loss. It takes a ridiculous amount of water to produce it. It is crazy to be burning our food in a gas tank!!
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#455624 - 11/26/16 05:54 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
The us exports 3,600,000 barrels of crude oil every month. This does not take into account the amount of gas and petroleum products that are exported. energy independence is not the goal of the oil companies so it is not going to happen even if the epa goes away. Blaming a reptile makes for a better sound bite than the blaming the oil companies.

war is not going to go away as long as the people behind it can walk away with billions in profit. Take the profit out of war and it will stop. The next one is in the planning stages right now and will be available for 24 hour viewing shortly. Our new president has an unprecidented 3 generals in top whitehouse positions and he has said "I love war".
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#455963 - 12/20/16 07:18 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
excellhomes Offline
Member

Registered: 12/13/16
Posts: 10
Loc: Toronto
Discussion seems very useful, i new to this forum and it seems very good place.

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#455967 - 12/20/16 08:19 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: Bigtoe]
estatereal Offline
Major Contributor

Registered: 01/27/07
Posts: 3014
Loc: LAND OF THE FREE!
Originally Posted By: Bigtoe
The us exports 3,600,000 barrels of crude oil every month. This does not take into account the amount of gas and petroleum products that are exported. energy independence is not the goal of the oil companies so it is not going to happen even if the epa goes away. Blaming a reptile makes for a better sound bite than the blaming the oil companies.

war is not going to go away as long as the people behind it can walk away with billions in profit. Take the profit out of war and it will stop. The next one is in the planning stages right now and will be available for 24 hour viewing shortly. Our new president has an unprecidented 3 generals in top whitehouse positions and he has said "I love war".


Let's fact check this one. The media has had a lot of fun during the election.

The ad being quoted out of context https://youtu.be/6-FUfMRgbWU

http://www.factcheck.org/2016/06/ad-suggests-trump-loves-nuclear-war/


Edited by estatereal (12/20/16 08:21 AM)

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#455985 - 12/21/16 08:18 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2208
Loc: Outer Banks
I not sure what part of my quote you are fact checking but if it is the i like war part, i saw the words come out of his mouth. There is no context where those words are appropriate for anyone to say.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#456055 - 12/27/16 07:37 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
excellhomes Offline
Member

Registered: 12/13/16
Posts: 10
Loc: Toronto
Its depend on the time. lets see whats next...

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#456780 - 02/28/17 04:00 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
TheBPOExpert Offline
Member

Registered: 01/22/12
Posts: 106
Loc: Georgia
one thing is for sure with oil and gas prices. They go up and down and in a cyclical fashion and it's not necessarily dependent on who is in office
_________________________
The BPO Expert
Free BPO Company List
“You will get all you want in life, if you help enough other people get what they want.” -Zig Ziglar




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#457242 - 04/06/17 08:31 AM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Mark Williams Offline
Member

Registered: 02/27/17
Posts: 11
Loc: San Francisco
Not everyone is excited about the new Trump administration, but the National Association of Home Builders' Housing Market Index shows homebuilders like KB Home (KBH) and Pulte Group (PHM) are bullish — and real estate marketplace provider Zillow (Z) stands to benefit if that enthusiasm proves to be well-founded.

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#457477 - 04/25/17 11:31 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
lincoln boland Offline
Junior Member

Registered: 04/23/17
Posts: 5
Loc: Grey, New Zealand
Everything is on assumptions. As Mr. President is going he is looking of doing something right and everything is getting messy.

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#457528 - 04/27/17 07:47 PM Re: Is Trump Going To Make Real Estate Great Again? [Re: TheBPOExpert]
Dripping Springs Offline
Member

Registered: 04/27/17
Posts: 30
Loc: TX
I just read this morning he wants to prohibit homeowners from deducting local real estate taxes. This is HUGE...pardon the Trump accent!
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