Brian Buffini’s bold predictions for 2022, the mid-year real estate market outlook, reveals how to protect your business and your life against the recession
Renowned for his accurate market predictions, Brian Buffini, Founder and President of Buffini & Company, shares real estate market insights and tactics to beat the recession.
Brian Buffini’s Bold Predictions: Mid-Year Update
Carlsbad, June 27, 2022 (GLOBE NEWSWIRE) — CARLSBAD, Calif. (June 27, 2022) — Brian Buffini, Founder and Chairman of Buffini & Company, reveals what the future holds for the housing market — and what realtors and business owners need to do to succeed – with its latest broadcast Bold Predictions 2022 Mid-Year Real Estate Market Outlook. Dermot Buffini, CEO of Buffini & Company, and Lawrence Yun, Chief Economist of the National Association of REALTORS®, also appeared on the show.
Housing Market Update: Fewer Buyers, Less Inventory, But Still High Demand
During his interview with Dermot Buffini, Yun notes that there are now fewer buyers due to rising mortgage rates, but there is still a strong demand for homes from qualified candidates.
“Even though sales are declining because the pool of buyers is shrinking, those still in the market are looking for new inventory,” he adds. “So when that comes up, they’re ready to sign a contract immediately.”
Yun believes that mortgage rates are currently near their peak and that if oil prices stabilize and unemployment figures remain low, the next recession will have a “soft landing.”
Become a “Recession Buster”
Brian Buffini says that to become a recession breaker, agents must prioritize getting their personal and professional finances in order. He adds that growing a business during a recession requires cutting expenses and reinvesting in your business. One strategy for improving your business and your life, he suggests, is to follow Buffini & Company’s four pillars of a successful business: more referrals, more sales, more bottom line, and more free time.
Buffini & Company members are more successful
According to Dermot Buffini, the number of members of the National Association of REALTORS® has increased by 100,000 in the last year (1.46 million to 1.56 million) while the average experience has increased from nine to eight years . The average agent earns $33,800 while Buffini & Company members were significantly higher, he added.
“Those who use Buffini & Company’s referral systems, with the support of their coaches, have earned $369,370,” he says.
2 by Brian Buffinin/a Half-year real estate report
Accompanying the show, Brian Buffini’s 2n/a Semi-annual real estate report which is given to the participants. The report is full of well-researched data and statistics regarding the current market.
“It’s a great resource,” Buffini says. “You need to know the data for your own peace of mind [so that] you become a trusted resource [for your clients.]”
Watch Brian Buffini’s 2022 Mid-Year Bold Predictions Housing Market Replay and Receive the Brian Buffini 2n/a Semi-annual real estate report.
About Buffini & Company
Buffini & Company is the largest coaching and training company in North America. Founded by real estate legend and master motivator Brian Buffini, the company provides a unique and highly effective lead generation system. Buffini & Company’s comprehensive business coaching, training programs and cutting-edge content have helped more than 3 million professionals in 41 countries improve their business, increase their bottom line and improve their quality of life. Buffini & Company is headquartered in Carlsbad, California.
About Brian Buffini
Brian Buffini, Chairman and Founder of Buffini & Company, born and raised in Dublin, Ireland, emigrated to San Diego, California in 1986, where it became the classic American rags-to-riches story. Upon discovering real estate, Brian quickly became one of the top real estate agents in the country, using a non-traditional methodology based on building long-term relationships with clients. Today, he travels the world sharing a message of encouragement on how to “live the good life”. His wit, wisdom and motivational style make him a dynamic speaker and podcast host, adept at helping people reach their full potential and achieve their dreams. He is a New York Times, Amazon, and Wall Street Journal bestseller with his latest book, “The Emigrant Edge.” Learn more at brianbuffini.com.
About Dermot Buffini
Since 2013, Dermot Buffini has challenged and transformed what it means to be an effective CEO. As CEO, Dermot leads Buffini & Company, ensuring that every team member has the tools necessary to help clients win in business and in life by getting more leads, sales, revenue and of free time. Prior to becoming CEO, Dermot was involved in events, training, coaching, corporate relations and business development as senior vice president of business development. Dermot was recognized as a finalist for CEO of the Year by the San Diego Business Journal, a RISMedia Journalist, and ranked in the Swanepoel Power 200. His commitment to excellence led the San Diego Union-Tribune to recognize Buffini & Company as one of the best seats. working in San Diego consecutively since 2016. Dermot emigrated to San Diego, CA from Dublin, Ireland in 2004. He currently resides in Southern California.
About Dr. Lawrence Yun
Lawrence Yun is chief economist and oversees the research group of the NATIONAL ASSOCIATION OF REALTORS®. He oversees and is responsible for a wide range of research activities for the association, including NAR’s Existing Home Sales Statistics, Affordability Index and Home Buyers and Sellers Profile Report. houses. It regularly comments on real estate market trends for its 1.5 million real estate agents®.
Dr. Yun creates NAR’s forecasts and participates in numerous economic forecasting panels, including the Blue Chip Council and the Wall Street Journal Forecasting Survey. He also participates in the Industrial Economists Discussion Group at Harvard University’s Joint Center for Housing Studies. He appears regularly in the financial media, speaks frequently at real estate conferences across the United States, and has testified before Congress. Dr. Yun also appeared as a guest on CSPAN’s Washington Journal. Dr. Yun received his undergraduate degree from Purdue University and received his Ph.D. from the University of Maryland at College Park.
CONTACT: Courtney Donovan Buffini & Company (760) 827-2101 x2139 [email protected]