Navigating the High Desert Real Estate Market for Success with Mike Arias | Expand With Omar #7

Welcome to the seventh episode of the "Expand with Omar" podcast, where we discuss insights on navigating High Desert real estate market for success with my guest MIKE ARIAS.
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In this episode of "Expand with Omar," Omar is joined by Mike, who has over 20 years of experience in the title industry.

They discuss the real estate market, how to predict market trends, and the importance of having a competitive pricing strategy. Mike shares insights on the low inventory and dropping interest rates, making it a seller's market. They also emphasize the significance of building and maintaining a strong database for real estate businesses, and the importance of staying consistent and in touch with clients. They end with a personal anecdote about how one client reached out to Omar because of his five-star reviews and previous clients. Tune in for valuable tips and insights on how to succeed in the real estate industry.

So sit back, relax, and get ready to expand your real estate knowledge with "Expand with Omar"!
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Find me here and let's get connected :

Website : https://www.omaralfaro.com/
Facebook : https://www.facebook.com/omar.alfaro.71
Instagram : https://www.instagram.com/investwithomar

TIMESTAMP:

0:06 - Introduction and mention of the special guest.
1:06 - Introducing the guest as the "Joe Rogan of the high desert."
1:50 - Mike starts sharing his background and experience in the title business.
3:01 - Mike discusses his involvement in over 150 transactions and different real estate ventures.
5:09 - Discussion on the value of having up-to-date data in the real estate market.
9:36 - Omar and Mike discuss the unique characteristics of their local real estate market.
15:30 - Discussing the significance of a database and its impact on business growth.
16:07 - Introducing TMPco marketing as a strategy for nurturing the database.
16:14 - Explaining the cost of TMPco marketing per client and its benefits.
24:26 - Transitioning to a discussion about the Ranch property in Apple Valley.
25:38 - Narrating the initial visit to the property and the decision to list it.
31:11 - Discussion about the high-speed train project from Stoddard Wells to Las Vegas
34:09 - The impact of job growth and housing demand on the real estate market
41:08 - Challenges and opportunities in entering the commercial and industrial real estate market
41:34 - Eviction process discussion and upcoming eviction at 11:15

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