• Learn about the Fed rate and what it means for real estate.
  • A 0.25 percent increase isn't enough to significantly change interest rates.
  • Be the authority. Call your clients, and let them know you are here for them.

As Realtors, our job is to educate our clients, and that means learning about things that aren’t in your wheelhouse.

A 0.25 basis point move is not enough to significantly change interest rates. Could they move? Sure. Should they move? Yes. We have a whole generation that thinks 3 percent is normal, and it’s just not. The Fed rate and saving rates need to move for the good of the economy.

So right now, you should call your clients, and let them know what’s happening. Make it clear that you’re there for them because they might be slightly panicking.

Leigh Brown is a full-time residential Realtor, speaker, coach and smartass. She works in the Charlotte NC market with Re/Max Executive Realty and can be reached @leighbrown on all networks.

Email Leigh Brown.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Leaders from across the industry answered our call to come to Inman Connect and share essential advice for leveling up your 2021.SEE THE SPEAKERS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription