Happy February! With the top of a new month comes our Brokerage Meeting: A time for our agents, staff, and colleagues to come together, review the previous month, and discuss where we are headed. Check out the highlights below:

We kicked off the meeting with our lender, Jon Aucott, from Superior National Bank. John touched on 3 main headlines facing the housing market.

  1. Inventory is down 13.4% from December to January.
  2. Higher interest rates making housing less affordable.
  3. Buyers not knowing how to navigate the market.

Ultimately, people need an educated realtor to help strategize, write offers and tactfully negotiate. In addition, interest rates went up a quarter of a point and continue to slow things down but predictions for Q3 of this year are on track to sit steady in the low 5’s, high 4’s.

DOBI CEO, Simon Thomas capped off our meeting by asking the brokerage about their mindset going into January. We are in an unpredictable market with little inventory and interest rates shifting but at the end of the day, agents are still doing deals. So what do you do when a market changes like this? You and your business change with it and be ready to adapt. Because the strategy you may have used five years ago may not work in this current market. When things slow down, agents stress about the things they can’t control instead of focusing on what they can. More than ever, you need to be working on your sphere of influence, getting in front of your people and building genuine relationships. Above and beyond anything, when a colleague of yours thinks about buying a home, you want them to immediately think about you to help them with that deal but they won’t if you don’t put the time in.

Please help us congratulate our monthly brokerage winners below:

Our Big Wave winner is peer-nominated by agents and staff. This month the award was given to DOBI agent Jordan Goodman

Best in Class is given to the DOBI staff member representing our core values, peer-nominated by fellow agents and staff. This month our winner goes to Nick Moons! He’s our go-to for everything “Agent Sucess”. Great job Nick!

Our Broker’s Choice award is nominated to the agent that has made a difference that month and caught our broker’s eye. The broker’s choice award goes to agents Ryan French and Jen Stillwagon of the JR Team! It was a great month for Jen and Ryan as they worked as a team to close deals.

Our Grit Award winner, given to the agent with the most units sold, goes to Danielle Genovesi. Last month, she closed on 3 units. Let’s go Danielle!

Our Top Dog this month, for the individual with the highest sales volume goes to Jessica Stencel! Last month, she started out 2023 with a bang by closing on 2 units with a whopping total sales volume of 7.4 million. Congratulations Jessica!

Our Top Dog winner for the group with the highest sales volume goes to The Rahaim Group. The Rahaim Group closed on 5 units for a total sales volume of over 1.7 million!

Stay tuned for next month’s winners and keep up with us on social media!