In this episode of The Real Word, hosts Byron Lazine and Nicole White sit down to discuss the impact of Hurricane Ian on Florida housing, property description mistakes and how Fed policies will affect the housing market this winter.

Join industry visionaries Pete Flint, Spencer Rascoff, Ryan Serhant and more at Inman Connect New York, Jan. 24-26. Punch your ticket to the future by joining the smartest people in real estate at this must-attend event. Register here.

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman.

In this week’s episode of The Real Word, hosts Lazine and White sit down to discuss the aftermath of Hurricane Ian on Florida housing, property description mistakes you might be making, and this week’s Left, Middle, Right.

Racket no. 1: Hurricane Ian devastates Florida housing

Recovery from Hurricane Ian will be complicated by the fact that many residents in the Gulf Coast were already struggling financially. In counties that were evacuated, fewer than 20 percent had flood insurance.

In addition, there was already a huge inventory shortage in southwest Florida. This will make that shortage, and the accompanying rent increases, even worse.

If you would like to donate to Florida Realtors Disaster Relief Fund, you’ll find information here.

Racket no. 2: 7 listing description mistakes you’re probably making

Many agents are making mistakes in their property descriptions, according to an Inman article by Christy Murdock. These range from not writing a description at all to including too many details in a property description or failing to proofread.

Lazine and White suggest providing a form to the seller so that you can capture bullet points of some of the updates and upgrades that they want included in the description, then having it put together in great marketing copy for the property description.

Left, middle, right:

Dow rallies more than 1,500 points in two days as fear begins to fade

The Fed has specifically said that it’s coming after housing, according to Lazine, and there’s no question that this winter is going to be “historically bad in real estate,” so don’t let a couple of good days in the stock market ease your mind. There’s a lot more pain coming.

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
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
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
×