This week on the Knowledge Brokers Podcast, Byron Lazine and Tom Toole discuss the latest in housing market news before responding to a YouTube comment on a previous episode. 

First up for news was the May jobs report, which naturally led to predictions on what the Fed will do at the next two FOMC meetings, as well as whether a new House bill to incentivize sellers will actually increase housing supply—followed by public support for an increase in affordable new construction. 

Next up was the recent debt deal and its impact on the 10-year, the stock market, and the 30-year fixed. 

From there, they move to the benefits of being a knowledge broker, the importance of cultivating a thorough understanding of the housing market at both the micro and macro levels, which segued nicely to their breakdown of the top five income-producing activities for agents. 

Stay to the end to hear them all. And prepare to take notes. 

Click on any of the timestamps below to watch: 

00:0001:01 Intro

01:01 May jobs report

03:25 Predictions on Fed moves in June and July 

06:13 The U.S. debt deal

06:29 Reactions to the debt deal in the 10 year, stock market, and 30-year fixed

08:23 The benefits of being a knowledge broker

11:11 The Ivy Zellman quote and micro- + macro-level market knowledge

12:32 Logan Mohtashami Tweet on the 10 year & Lance Lambert on inventory

16:58 Competition for starter homes and public support for median priced new construction

24:06 Top five income-producing activities

27:08 #1—Have conversations with people—on the phone or in person

28:50 #2—Become a weekend warrior!

33:35 #3—Prioritize making conversations during the proper times (Harvard study)

37:38 #4—Get leads that you don’t have to pay up front for. 

40:55 #5—Set, run, and execute on appointments 

42:48 What’s not on the list

Click here to watch the full episode.