Episode 118: Rich King

Home prices break records, sales and contracts decline, and Stewart makes a big acquisition announcement. Guest Rich King, the ‘King of Real Estate’ out of KW Spokane, proves it’s never too late in life to become a realtor. He talks spending money to make money, the power of farming, and knowing the numbers.

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Show Notes

Trending News

U.S. Home-Price Growth Rose to Record in June: Case-Shiller index rises 18.6% as robust demand continues to outpace number of homes on the market. Read more

U.S. pending home sales drop for second straight month in July: Contracts to purchase previously owned U.S. homes declined for the second consecutive month in July in step with limited supply that’s been unable to keep up with demand from potential homebuyers. Read more

Stewart Announces the Acquisition of a Significant Number of Western U.S. Operations from ET Investments: The purchase price was $105 million, and Stewart expects the deal to be immediately accretive to the company’s August equity raise of more than $100 million. Read more

Helpful Links

Contact Rich King of Rich King Real Estate at Keller Williams Spokane!

View Rich’s newsletter and subscribe in the footer of his website to stay in the know.

Purchase your copy of The Millionaire Real Estate Agent (MREA), New York Times bestseller by Gary Keller.

Read How to Win Friends & Influence People by Dale Carnegie.

Glossary

GCI: Stands for Gross Commission Income. The total amount of commission dollars the Market Center receives from a transaction.

Real estate farming: The strategy real estate agents use to position themselves as the go-to resource for a particular neighborhood.

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Music by: Gloria Tells from Epidemic Sound

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