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Welcome to my Monday Market Update for
the week of August 18th with Nikki
Erickson from Kevnik Mortgage!

This week we have a major rule change
every real estate agent needs to know
about right now — plus a simple and
brilliant idea to stay top of mind
with your sphere this week without
pitching real estate at all.

This week we are covering:
✅ Back to school slowdown — what
to expect in applications and
activity over the next few weeks
✅ Interest rate update — mid to
high sixes and what the Fed
is signaling for the fall
✅ MAJOR CHANGE effective August 3rd —
Fannie and Freddie have eliminated
streamlined condo approvals entirely
✅ Every condo now requires full review
regardless of down payment — what
that means for your transactions
✅ The fast track approval — how to
use the existing database if your
condo project is already registered
✅ The four things the full review
will examine — investment property
percentage single owner percentage
reserve fund requirements and
insurance
✅ Townhomes do NOT need a condo
review — here is how to tell
the difference every time
✅ How to check legal descriptions
to identify condo vs townhome
in any state
✅ The back to school supply drive —
a simple community touchpoint
that keeps you top of mind
without mentioning real estate

If you have any condo transactions
in your pipeline right now — under
contract or not — reach out to
Nikki immediately.

This change went into effect August 3rd
for closings — not applications. That
means deals already in progress could
be affected.

This is the kind of information nobody
teaches real estate agents. And knowing
it will make you a better advocate for
your clients and a more professional
agent in every single transaction.

Need a Great Real Estate Coach and Mentor....
Join my Skool Community! https://www.skool.com/rebusinessbuilder/about
🔗 Book your FREE Discovery Call with Angie: https://calendly.com/angiegerber/real-estate-business-builder

📞 Connect with Nikki Erickson at Kevnik Mortgage:
📱 Call or Text: 952-484-1584
📧 Email: nikki@kevnikgroup.com
📘 Facebook | TikTok | Instagram:
@mortgagesfrommntoaz

00:00 Introduction – Market Update
Week of August 18th
00:30 Back to School Slowdown – What
to Expect in the Market Right Now
01:30 Interest Rate Update – Mid to
High Sixes and What Is Coming
02:30 MAJOR CHANGE – Fannie and Freddie
Eliminate Streamlined Condo Approvals
04:00 Full Review Required – What That
Means for Every Condo Transaction
05:30 Fast Track Approval – How to Use
the Existing Database
06:30 Condo vs Townhome – How to Tell
the Difference Every Time
07:30 Back to School Supply Drive –
A Simple Way to Stay Top of Mind
08:30 How to Reach Nikki Erickson

#realestate #lender #mortgagerates

Support the show

Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!

Find me in my free Community for Women Real Estate agent:
www.skool.com/rebusinessbuilder/about

Check out my YouTube Channel - So many ways to stay connected and plugged in! AGCoaching@agcoaching684

With Gratitude -

Angie Gerber
angiegerber@gmail.com

⬜ JOIN MY TIKTOK : https://www.tiktok.com/@agcoaching4life
🟧 FOLLOW AND LIKE MY FACEBOOK ACCT : https://www.facebook.com/angie.gerber.5/
🟫 FOLLOW ME ON MY INSTAGRAM : https://www.instagram.com/angie.gerber.5/

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Welcome to my Monday Market Update for
the week of August 9th with Nikki Erickson
from Kevnik Mortgage!

This week we have two really important
topics that come up more than most
agents realize — family home purchases
and renovation funding options your
clients probably do not know exist.

This week we are covering:
✅ Interest rate update — volatility
is settling and we are sitting
in the mid to high sixes
✅ Family home purchases — what agents
need to know and what clients need
to have in place before closing
✅ Why you should always treat a family
real estate transaction like a
business not a family deal
✅ The questions every family needs
to answer before purchasing together —
equity splits decision making
and what happens if someone
wants out
✅ City and county renovation grants —
free money most agents and
homeowners have no idea exists
✅ How to find renovation grants in
your area — it is easier than
you think
✅ HELOC vs cash out refi vs renovation
loan — which one is right for
your client and when
✅ The hidden benefit of a renovation
loan over a HELOC that nobody
talks about
✅ Hard money loans for flips —
what they are and when to use them

If you have clients sitting on equity
or thinking about renovating or
purchasing a home with family members
this episode is required watching
before that conversation happens.

This is the kind of information nobody
teaches real estate agents. And knowing
it will make you a better advocate for
your clients and a more professional
agent in every single transaction.

Need a Great Real Estate Coach and Mentor....
Join my Skool Community! https://www.skool.com/rebusinessbuilder/about
🔗 Book your FREE Discovery Call with Angie: https://calendly.com/angiegerber/real-estate-business-builder

📞 Connect with Nikki Erickson at Kevnik Mortgage:
📱 Call or Text: 952-484-1584
📧 Email: nikki@kevnikgroup.com
📘 Facebook | TikTok | Instagram:
@mortgagesfrommntoaz

00:00 Introduction – Market Update Week
of August 11th
00:30 Interest Rate Update – Volatility
Settling Into Mid to High Sixes
01:30 Family Home Purchases – What Every
Agent Needs to Know
03:00 Treat It Like a Business Not a
Family Transaction
04:30 What Happens When Emotions and
Equity Collide
06:00 City and County Renovation Grants –
Free Money Most People Do Not Know About
08:00 HELOC vs Cash Out Refi vs Renovation
Loan – Which Is Right for Your Client
09:30 The Hidden Benefit of a Renovation
Loan Over a HELOC
10:30 How to Reach Nikki & Closing

#realestate #lender #mortgagerates

Support the show

Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!

Find me in my free Community for Women Real Estate agent:
www.skool.com/rebusinessbuilder/about

Check out my YouTube Channel - So many ways to stay connected and plugged in! AGCoaching@agcoaching684

With Gratitude -

Angie Gerber
angiegerber@gmail.com

⬜ JOIN MY TIKTOK : https://www.tiktok.com/@agcoaching4life
🟧 FOLLOW AND LIKE MY FACEBOOK ACCT : https://www.facebook.com/angie.gerber.5/
🟫 FOLLOW ME ON MY INSTAGRAM : https://www.instagram.com/angie.gerber.5/

Send us Fan Mail

Welcome to my Monday Market Update for the week of August 4th with Nikki Erickson from Kevnik Mortgage! This week we have one of the most practical and important episodes we have done yet — the questions every listing agent should be asking when they receive a buyer's pre-approval letter. Most agents call the lender and ask "are they good to go?" That is not enough. And this week Nikki breaks down exactly what to ask and why — including questions that could save your deal from falling apart at the last minute.

This week we are covering:

✅ Interest rate update — back into the upper sixes and what is driving the volatility

✅ The 5 questions every listing agent should ask when they receive a pre-approval letter

✅ Has the lender reviewed income and assets or just pulled credit?

✅ Has employment actually been verified not just stated by the borrower?

✅ Has the file gone through the automated underwriting system and what does that mean?

✅ Have any conditions been identified that could delay closing?

✅ Is the buyer approved on estimated or property specific numbers?

✅ What variable income is and why it matters more than most agents realize

✅ How to look up any lender on the NMLS Consumer Access website before you trust them with your clients

✅ Why Nikki does rescue missions for incorrect pre-approvals more than you would ever expect This is the kind of information nobody teaches real estate agents. And knowing it will make you a better advocate for your clients and a more professional agent in every single transaction.

🔗 NMLS Consumer Access Website: www.nmlsconsumeraccess.org

📞 Connect with Nikki Erickson at Kevnik Mortgage: 📱 Call or Text: 952-484-1584 📧 Email: nikki@kevnikgroup.com 📘 Facebook | TikTok | Instagram: @mortgagesfrommntoaz

Join my Skool Community! https://www.skool.com/rebusinessbuilder/about

Support the show

Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!

Find me in my free Community for Women Real Estate agent:
www.skool.com/rebusinessbuilder/about

Check out my YouTube Channel - So many ways to stay connected and plugged in! AGCoaching@agcoaching684

With Gratitude -

Angie Gerber
angiegerber@gmail.com

⬜ JOIN MY TIKTOK : https://www.tiktok.com/@agcoaching4life
🟧 FOLLOW AND LIKE MY FACEBOOK ACCT : https://www.facebook.com/angie.gerber.5/
🟫 FOLLOW ME ON MY INSTAGRAM : https://www.instagram.com/angie.gerber.5/