TNT Live | 03/14/22 | Mike Acquisto & Shana Acquisto | Real Estate Talk Show

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Shana Acquisto and Mike Acquisto, Broker of Acquisto Real Estate discuss the most pressing real estate topics each M-F at 8:45 am central on Acquisto Real Estate TV, a blooming real estate Talk Show.


Timestamps:
Intro: (0:00)
Daily Overview: (4:15)
Stacey's Weekly Update : (5:56)
NFT's come to real estate: (11:00)
That's a Wrap : (19:21)
The End: (21:00)


Topics covered today:
Daily Overview
Back from SpringBreak
Topic overview for today
Tomorrow is agent dinner. Will be at the lake property. Your kids can come. We'll have brisket tacos for #TacoTuesday


1. Stacey's Weekly Update
Happy Monday and happy daylight savings
I am in the process of reviewing a builder contract that is not executed. But I was noticing in the contract there are some new little things that builders are adding, and I think that they're having to take out some of their liability to on the supply issues and they can't guarantee certain things
One thing that I really liked about this is on the commission protection agreement. This particular builder is still paying three percent, at least at this very moment. And I like that it does specify a couple of things. It says one that you must accompany your buyer.
It's important that the representation is there and that that this builders holding agents accountable for what they're doing.
March 7 through March 13th, we had 2 contracts turned in.
Contracts- We weren't accepted as the first offer, meaning we submitted an offer. We came in like second or third place and then we either became backup.
We asked to be a backup or our agents did keep in touch with the listing agent to see if anything about the primary contract fell through and. When it does fall through, if we're right there and we're communicating, you know what, a lot of times our offers will become the primary offer and that works out really well. So don't ever discount if you don't get it immediately to stay in touch with the agent and see what you can do and communicate well.
So communication be key. Big takeaway.


2. NFT's come to real estate
Physical and virtual world come together
Non fundable token
There is one unique item that has an identification or record. It is digital.
Art work - it is recorded that you own it. Then you can transfer ownership.
Transacted, written down and logged digitally. Transaction are quicker, more available to be searched and seen.
Log / journal / record keeping
Take the physical and virtual world and line them up.
Inman article - the home is in the physical world ( it won't be listed anywhere) they are selling a virtual home as well that was replicated by an Architectural company.
Home is transacting fully online but when you buy it, you'll get the physical home.
If you have your virtual home, you can sell it in a metaverse. There is a high end community that is staring to buy this way.
You can use dollars or crypto currency to buy this homes.
How many of you can invested in crypto currencies?


That's a Wrap
There is a whole other world out there - daylight savings doesn't happen everywhere
____________________

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