Mason Kiffmeyer

Whenever I get impatient thinking about Bitcoin’s price action I try to remind myself we are only through 4 of 32 halvings. ONLY 4!!

@J_Koenig21 Highest escalation wins? Why not go to the party who is going to lose it and tell them they don’t stand to win, see if they’ll improve. Or keep the best offer in your back pocket and give a direct counter to the second best?

We now have 6 offers on the flip we listed Friday. We have two strong offers both with escalation clauses. The beauty of two escalations is now the highest escalation wins. Still have another offer coming in tonight, this makes real estate so much fun.

@PunterJeff Soon, every day

Big day for Amplified Bitcoin and Digital Credit. $SATA: $31.3M in volume 3 cents of volatility $ASST: $120M in volume For reference, $IBIT had $1.1 Billion in volume. ASST traded nearly 11% of $IBIT volume

Let's go! First time in history $STRC and $SATA have traded at par simultaneously.

One benefit of selling your house with @Opendoor is that their agents will say the house doesn’t have any bathrooms to ensure it doesn't attract retail buyers.

@BurnTheFed But what if the temporary swap from BTC to USD allows you to hold more BTC in the long run?

Holds more bitcoin than anyone… Stuck in a fiat mindset… You don’t sell bitcoin. You either spend it or hold it. Trading Bitcoin for fiat is retarded.

@Pledditor Did you watch the earnings call?

Saylor is the pied piper. He got the first wave to invest by promising to never, ever, sell the BTC. Now that he's milked that flavor of investor dry, he's going to the next flavor of investor, and in order to get their capital, he's promising them he's going to dump the BTC.

@AdvisorJohn In my market the agents get buyers to sign at 3%, and usually if met with a 2.5% counter on the initial offer, the agent will concede the 0.5% to avoid making their buyer come out of pocket.

That NAR lawsuit was the best thing that ever happened to realtors. While I haven't done an exact report just yet, it feels like half of my April purchases have the buyer paying a 0.50% commission, for a total of 3% paid to the realtor.

@NickMaccini I either would have said no or charged more than 3%.

I asked a realtor if he wanted to list a vacant lot for me for $100k and HE TOLD ME NO. Said land is too much of a pain. This was days ago and I’m still in shock

@Jacob_Naviaux In my market I don’t think buyers are ever paying out of pocket to get their agent to 3% even if that’s what was agreed to originally. I see agents conceding the 0.5% to avoid an awkward conversation with their buyer.

@masonkiffmeyer Nice! Seems like it’s just been worse off for buyers bc they often are the ones paying the extra 0.5%-1% to get the buyers agent to 3%.

The NAR Settlement was supposed to change commissions. In my market here in Atlanta…nothing really changed. Most sellers are still signing listing agreements at 6%, with 3% being shared with the buyer’s broker. Biggest change for me as a seller is I’ve been able to get away with offering 2.5% to the buyer’s agent. That’s been working about 80% of the time. The other 20% is usually when the deal has been sitting for a while and I’ve lost leverage—so when they push back demanding 3%, I just give it.

@DeerwoodRealty Read this again after I posted it, it comes off harsh. That was not my intention, I mean to be constructive and try to get you thinking. I can certainly delete the post if you would prefer.

I don’t mean to be disrespectful, but if I may provide some critical feedback: Imagine you get in a no fault car accident and need to hire an attorney for your case. Hundreds of thousands of dollars on the line. Are you spending thousands on the guy who you know a bit who has only done a couple cases like yours? Or are you hiring the best attorney in town who has won dozens of cases like yours this year? Perhaps the only reason you’d choose the first guy is if he charges less and you can’t afford the best, but what if they charge the same price?! It’s a no brainer. So I think about your situation. You’d listed 5 homes in the past 5 years. The latest one I could find didn’t have professional photos, it wasn’t staged, I didn’t see anything that made me think this guy is among the best in his market. Yet you expect the reciprocity? Are you charging the same as the person who has listed 10 homes like theirs this year who is staging and doing professional photos and probably has a better grip on the current market since they are very active in it? I think you need to focus less on relationships and not getting the call, and more about how to be the best and differentiate your business. Of course I don’t know you, your professional life, or your ambitions, but this is just an outsider view from someone who has followed you for a while and seen repeated frustrations about not getting the business of people you have some degree of relationship with.

Wanted to go over something where I might have been super wrong in my thinking. I typically only use local businesses and try to help small business every time I can. I know how hard it is to stay in business, and I am absolutely thrilled when someone local "makes it". That extends to my business as well. If I've spent many thousands of dollars with you over the years and you are thinking about selling your home or buying a home, and you truly know no other agent, I expect to get a call. What I do not expect is for you to hide from me for a few months then all of a sudden call me back with news of your new home purchase. I always thought through reciprocity we build ourselves up...but the last 5 or 6 sales I haven't gotten through my business ties leads me to believe that I've been completely wrong. Completely. Am I wrong? Is reciprocity is dead and I just waxed nostalgic because I wanted to believe in it and that isn't reality?

Both properties still on the market, one has dropped to $475,000 now

Met with two potential sellers recently - Seller 1: I valued the house at $482,000, they listed with another agent at $525,000 Seller 2: I valued the house at $450,000, they listed with another agent at $499,900. Time will tell who is right!

@realfrugalmogul Bank account to home equity - your wealth stayed flat, and actually probably decreased due to the interest and escrow you paid.

When I paid my five mortgages this month, my wealth grew by $2,859.41 (due to loan pay down)

@rationalaussie Already done

@cashrulesNC Doesn’t even sound like they have a contractual basis to ask for that credit.

Someone just sent me a due diligence request to fix all the items on the inspection report AND give them $10,000😂 I’m pretty generous but they’re smoking something

@IIICapital Joe, how would you define “digital credit” to an everyday person?

@SecScottBessent @POTUS @SecWar Seems like something you’d say if you weren’t firmly in control

America is firmly in control of the Iran conflict, and we have demolished Iran’s capability for aggression. @POTUS, @SecWar, and General Caine are spearheading our campaign to destroy all fortifications along the Strait of Hormuz.

@realEstateTrent $STRC

Hey help ‘em out

Day one. 29,755 views 294,405 donated satoshis 12 learn partners 34 learners in the directory Thank you to everyone who showed up today. This is just the beginning. Happy Friday.