{"id":795,"date":"2022-01-09T20:23:07","date_gmt":"2022-01-09T20:23:07","guid":{"rendered":"https:\/\/1stur.com\/?p=795"},"modified":"2022-01-09T20:27:50","modified_gmt":"2022-01-09T20:27:50","slug":"changing-mortgage-rates-impact-on-realtors","status":"publish","type":"post","link":"https:\/\/1stur.com\/index.php\/2022\/01\/09\/changing-mortgage-rates-impact-on-realtors\/","title":{"rendered":"Changing Mortgage Rates Impact On Realtors"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-795\" data-postid=\"795\" class=\"themify_builder_content themify_builder_content-795 themify_builder tf_clear\">\n    \t<!-- module_row -->\n\t<div  data-lazy=\"1\" class=\"module_row themify_builder_row tb_jgyl792 tb_first tf_clearfix\">\n\t    \t\t<div class=\"row_inner col_align_top col-count-1 tf_box tf_w tf_rel\">\n\t\t\t<div  data-lazy=\"1\" class=\"module_column tb-column col-full first tb_6x6w793 tf_box\">\n\t\t\t    \t        <div class=\"tb-column-inner tf_box tf_w\">\n\t\t    <!-- module text -->\n<div  class=\"module module-text tb_calw793   \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n    <p>Mortgage rates have been chaning rapidly. How will the changing rates impact realtors?<\/p>\n<p>Video Link<br \/><a href=\"https:\/\/www.tiktok.com\/@khariwashington\/video\/7050184124740537605?is_from_webapp=1&amp;sender_device=pc&amp;web_id6891700096532432390\" target=\"_blank\" rel=\"noopener\">TikTok<\/a><\/p>    <\/div>\n<\/div>\n<!-- \/module text -->\t        <\/div>\n\t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t\t<!-- module_row -->\n\t<div  data-lazy=\"1\" class=\"module_row themify_builder_row tb_edhx792 tf_clearfix\">\n\t    \t\t<div class=\"row_inner col_align_top col-count-1 tf_box tf_w tf_rel\">\n\t\t\t<div  data-lazy=\"1\" class=\"module_column tb-column col-full first tb_qcw9793 tf_box\">\n\t\t\t    \t        <div class=\"tb-column-inner tf_box tf_w\">\n\t\t    <!-- module plain text -->\n<div  class=\"module module-plain-text tb_8ged794 \" data-lazy=\"1\">\n        <div class=\"tb_text_wrap\">\n\t<blockquote class=\"tiktok-embed\" cite=\"https:\/\/www.tiktok.com\/@khariwashington\/video\/7050184124740537605\" data-video-id=\"7050184124740537605\" style=\"max-width: 605px;min-width: 325px;\" > <section> <a target=\"_blank\" title=\"@khariwashington\" href=\"https:\/\/www.tiktok.com\/@khariwashington\">@khariwashington<\/a> Changing Interest Rates Impact On Realtors Reaction <a title=\"realestate\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/realestate\">#realestate<\/a> <a title=\"personalfinance\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/personalfinance\">#personalfinance<\/a> <a title=\"realtor\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/realtor\">#realtor<\/a> <a title=\"interestrates\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/interestrates\">#interestrates<\/a> <a target=\"_blank\" title=\"\u266c original sound - Khari Washington\" href=\"https:\/\/www.tiktok.com\/music\/original-sound-7050184115119344390\">\u266c original sound &#8211; Khari Washington<\/a> <\/section> <\/blockquote> <script async src=\"https:\/\/www.tiktok.com\/embed.js\"><\/script>    <\/div>\n<\/div>\n<!-- \/module plain text -->\t        <\/div>\n\t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t\t<!-- module_row -->\n\t<div  data-lazy=\"1\" class=\"module_row themify_builder_row tb_fp0q792 tf_clearfix\">\n\t    \t\t<div class=\"row_inner col_align_top col-count-1 tf_box tf_w tf_rel\">\n\t\t\t<div  data-lazy=\"1\" class=\"module_column tb-column col-full first tb_6roy794 tf_box\">\n\t\t\t    \t        <div class=\"tb-column-inner tf_box tf_w\">\n\t\t    <!-- module text -->\n<div  class=\"module module-text tb_ns46794   \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n    <p>So interest rates affect realtor commissions a little differently than most people think they do. Realtors don&#8217;t make money because of higher, lower interest rates or property values going up and down. They make a lot more money from volume, more transactions happening. So, for instance, if a house now has a $5000 commission and before they would have made a four thousand eight hundred dollars commission, they&#8217;d rather do two or three houses with the four thousand eight hundred dollars commission than one house at a five thousand dollar commission. Even though the property values raised in general. As interest rates go down, more transactions happen and as interest rates go up, less transactions happen. In this core market, we&#8217;re at a low volume at all points, so most realtors need to be creative.<\/p>    <\/div>\n<\/div>\n<!-- \/module text -->\t        <\/div>\n\t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t<\/div>\n<!--\/themify_builder_content--><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Mortgage rates have been chaning rapidly. How will the changing rates impact realtors? Video LinkTikTok<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","content-type":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[5],"tags":[24,10,7,9,6],"class_list":["post-795","post","type-post","status-publish","format-standard","hentry","category-media","tag-khari-washington","tag-personal-finance","tag-real-estate","tag-real-estate-agent","tag-realtor","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"root\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/1stur.com\/index.php\/2022\/01\/09\/changing-mortgage-rates-impact-on-realtors\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.0.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"1st United Realty &amp; Mortgage, Inc. - 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How will the changing rates impact realtors?<\/p> <p>Video Link<br \/><a href=\"https:\/\/www.tiktok.com\/@khariwashington\/video\/7050184124740537605?is_from_webapp=1&amp;sender_device=pc&amp;web_id6891700096532432390\" target=\"_blank\" rel=\"noopener\">TikTok<\/a><\/p>\n<blockquote cite=\"https:\/\/www.tiktok.com\/@khariwashington\/video\/7050184124740537605\" data-video-id=\"7050184124740537605\" style=\"max-width: 605px;min-width: 325px;\" > <section> <a target=\"_blank\" title=\"@khariwashington\" href=\"https:\/\/www.tiktok.com\/@khariwashington\">@khariwashington<\/a> Changing Interest Rates Impact On Realtors Reaction <a title=\"realestate\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/realestate\">#realestate<\/a> <a title=\"personalfinance\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/personalfinance\">#personalfinance<\/a> <a title=\"realtor\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/realtor\">#realtor<\/a> <a title=\"interestrates\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/interestrates\">#interestrates<\/a> <a target=\"_blank\" title=\"\u266c original sound - Khari Washington\" href=\"https:\/\/www.tiktok.com\/music\/original-sound-7050184115119344390\">\u266c original sound - Khari Washington<\/a> <\/section> <\/blockquote>\n<p>So interest rates affect realtor commissions a little differently than most people think they do. Realtors don't make money because of higher, lower interest rates or property values going up and down. They make a lot more money from volume, more transactions happening. So, for instance, if a house now has a $5000 commission and before they would have made a four thousand eight hundred dollars commission, they'd rather do two or three houses with the four thousand eight hundred dollars commission than one house at a five thousand dollar commission. Even though the property values raised in general. As interest rates go down, more transactions happen and as interest rates go up, less transactions happen. In this core market, we're at a low volume at all points, so most realtors need to be creative.<\/p>","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/posts\/795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/comments?post=795"}],"version-history":[{"count":6,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/posts\/795\/revisions"}],"predecessor-version":[{"id":801,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/posts\/795\/revisions\/801"}],"wp:attachment":[{"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/media?parent=795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/categories?post=795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stur.com\/index.php\/wp-json\/wp\/v2\/tags?post=795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}