The Future of Real Estate with Scott and Sean Broady
In this podcast, Scott and Sean Broady discuss the challenges and future of the real estate industry. They address the lack of inventory, rising prices, and the need for more homes. They also explore how cities are dealing with these challenges and whether regulations will be relaxed to make it easier for developers to build more homes. The podcast aims to provide valuable insights and information to listeners, helping them make informed decisions in the real estate market.
The Changing Role of Real Estate Professionals
Traditionally, real estate professionals were seen as transactional agents, helping clients with buying and selling properties. However, with advancements in technology and the availability of real estate data to the general public, the role of real estate professionals is evolving. Scott and Sean emphasize that the value they bring is not just in providing information, but in offering context and personalized advice based on individual situations. They compare this to the role of a wealth management advisor who helps clients plan for the future, taking into account their unique circumstances and goals. This personalized approach sets real estate advisors apart from transactional brokers who focus solely on completing transactions without considering the bigger picture.
The Importance of Context and Interpretation
Scott and Sean highlight the importance of context and interpretation when it comes to real estate information. While technology has made data readily available, it is the expertise of real estate advisors that helps clients understand and interpret that information in the context of their specific situation. They draw an analogy to a stock broker who simply facilitates transactions versus a wealth management advisor who takes a holistic approach to financial planning. Similarly, real estate advisors provide ongoing advice and guidance to help clients navigate the complex real estate market.
The Value of Long-Term Relationships
The Broady Windsor Group emphasizes the value of long-term relationships in the real estate industry. They mention that the majority of their business comes from repeat clients and referrals, which speaks to the trust and satisfaction their clients have in their advisory services. By focusing on building long-term relationships, they aim to provide continuous support and guidance to clients throughout their real estate journey.
The Homeowner Advisory Club
Scott and Sean introduce the concept of the Homeowner Advisory Club, which combines advice, information, and analysis for homeowners who are not necessarily looking to buy or sell. They recognize that even homeowners who are not actively involved in the real estate market are interested in staying informed about market trends and changes. By providing insights into the current real estate market and keeping homeowners updated, they aim to help people make informed decisions and understand the nuances of their local community.
The Importance of Community
Scott and Sean emphasize the importance of community in their approach to real estate. They believe in adding a local flavour to their podcasts by showcasing the amenities, facilities, and recreational opportunities available in different communities. As residents and professionals in the West Island of Montreal, they aim to provide an insider view of the local community and help people understand what each community has to offer.
The BW Group are excited about the future of their real estate business and the podcast they are launching. They are committed to helping people, providing valuable information, and having meaningful conversations with interesting guests. They invite listeners to tune in, provide feedback, and suggest topics and guests they would like to hear from. The podcast will be a platform for them to inform and engage with their community, showcasing the unique aspects of each local area. Scott and Sean are confident that their personalized approach and dedication to building long-term relationships will set them apart in the real estate industry.