Description
Welcome to another engaging episode of @FargoTalks. This time, we sit down with Sherwin Escanuela, a hard-working and dedicated real estate professional who is making waves in the industry. He's not only the 2013 President and 2016 Vice President of the Las Vegas Chapter of AREAA (Asian Real Estate Association of America), but he also sits on the Board of Directors of VAREP (Veterans Association of Real Estate Professionals).
Sherwin is dedicated to advocating for sustainable Asian and Veteran homeownership and equal housing opportunities, and his efforts have not gone unnoticed. He's been awarded the GLVAR YPN (Young Professionals Network) of Las Vegas 2016 Who's Who 40 Under 40 Award.
Sherwin's dedication to serving others extends beyond his professional life. He spends hundreds of hours volunteering at food banks, shelters, senior homes, Veterans events, and rehabbing homes for Veterans. His commitment to his community is truly inspiring.
In this episode, we explore Sherwin's journey, his approach to leadership, and his tireless advocacy for homeownership. This is an episode you don't want to miss, so join us on Fargo Talks as we delve into Sherwin's world.
Intro 00:00
Full-Time Realtor: 03:59
Realtor Stories 05:14
Using Real Estate Data 12:07
Your SOI 13:20
Struggling Real Estate Agents 18:29
Real Estate Agents From The Las Vegas Nightlife Industry 23:14
Being Kind To You 29:10
Las Vegas Real Estate Market Shift 33:19
Las Vegas Water Issues 34:30
Las Vegas Market Watch 35:04
California Fails 46:52
49:48 AI and ChatGPT
#RealEstatePodcast #FargoTalks #LasVegasProperties #VegasHousingMarket
#LasVegasRealEstateAgent #JeffFargo
Key Points
• Vegas locals have a unique perspective on who is considered a true local and who is not.
• The cost of living and traffic in San Diego make Vegas a better place to live.
• Investors typically look for investments above an 8% return.
• Overcommitting to personal branding and reputation can lead to extra stress in business and take away from interpersonal relationships.
• The use of artificial intelligence in real estate can save up to 30% of an agent's time.
• AI technology is the next level in the real estate industry, but it's important to balance it with person-to-person communication.
• Collaboration and mentorship are critical in improving one's skills and knowledge in real estate.
Great Quotes
00:53 - 01:00
• "Have you ever gone through cost of living, traffic, everything homeless in San Diego? If I was ever homeless, I'd be in San Diego."
20:19 - 20:30
• "The realtors that know they don't matter are the ones that matter the most because they humble themselves in a way that they are there as an advocate for their clients."
24:36 - 24:44
• "Those people who are dedicated to the commit, when they get into the industry, and you tell 'em, Hey, think of it as how you built your body."
40:25 - 40:28
• "It's okay to read all the news you can because your consumer is."
40:53 - 40:57
• "You gotta check the source and realize that's not your market."
42:07 - 42:10
• "New builds lead the way in terms of what the market is."
56:00 - 56:06
• "Stop making it look like you're the greatest fucking things and that walked into this industry and that you're gonna somehow shake the industry up."
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