Episode 217: Van States

Home lenders face layoffs, the Fed prepares us for (more) interest rate increases, and Zillow takes agent commission. Guest Van States shares how he channeled his skills in the US Navy to build Mega Team Front Porch Properties with KW Boise. Plus, his advice on preparing for a shift? Study up, seek opportunities, and get real with your budget.

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Show Notes

Trending News

Wells Fargo cuts mortgage jobs amid poor outlook: Bank said it is the result of cyclical changes in the broader mortgage environment. Read more

Nomura now thinks the Fed will hike rates by 75 basis points in June and July, in one of the fastest tightening cycles ever: Fed officials have heavily suggested they’re likely to start raising rates more quickly, as they try to tame the strongest inflation in 40 years. Read more

A property tax reckoning is coming: Property taxes are rising unevenly across the country, triggering concerns for affordability. Read more

Zillow adjusts Premier Agent pay plan with eye toward culling ranks: The shift will take place in Denver and Raleigh, and will eventually see hundreds of agents removed from the lead generation program, Zillow executives told Inman on Wednesday. Read more

Heartland homeowners v. NAR: A Kansas City judge has certified hundreds of thousands of homeowners to be part of a class action against the Realtor’s Association and top brokerages. Read more

Helpful Links

Contact Van States with Front Porch Properties at KW Boise!

Explore the new KW Military community and find out how you can be a part of this segment.

Van leaned on Gary’s book Shift: How Top Real Estate Agents Tackle Tough Times to get through the Great Recession. Find your own lessons within Gary’s teachings.

In his interview, Van shares that he is a High I, Secondary D. Take the DISC personality test to find out where you land!

Check out the Hops n’ Homes First Time Buyer classes taught by Kelsey Cunningham on Van’s team. 

Van mentions his wife (and KW Boise market center Team Leader) Stacie States. Listen to her episode on season one of The Real Look and get to know the whole States family! 

Bruce and Chase referenced correlations between Van’s episode and the ‘Doc and Cindy’ episode in regards to wealth building. Tune in!

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

Learn more about the Keller Williams School of Real Estate (KSCORE) and explore your options for *free-to-student pre-licensure.

Glossary

S Corp: An S corporation, for United States federal income tax, is a closely held corporation that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. In general, S corporations do not pay any income taxes.

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Music by: Gloria Tells from Epidemic Sound

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