In this episode of RE in Real Time, hosts Lonnie Plaster and Forrest Odend'hal welcome Sarah Tyndall, founder of Boxes of Basics. In 2018, Sarah learned of a single mother with four children in desperate need of clothing. After quickly mobilizing with the help of friends, Sarah was able to provide clothes for the children. This experience opened her eyes to the widespread need for basic clothing and essentials among families. It was then that Boxes of Basics, a 501(c)(3) nonprofit, was born. Since its inception, over 5,000 children have been helped through the efforts of Sarah and the dedicated volunteers, employees, and donors who support the organization. In this podcast, Sarah shares her journey and the powerful impact of community support in making a difference for children in need.

In this episode of R.E. in Real Time, hosts Forrest and Lonnie welcome Jason—a CPA and experienced real estate investor—to discuss how to make the most of your property investments, self-directed IRAs, and strategic tax planning. Jason explains why real estate can offer more reliable returns than the stock market, and how owning property inside a self-directed IRA allows for tax-deferred growth, steady rental income, and long-term value appreciation. From understanding the basics of self-directed IRAs to learning how to reduce tax liabilities and forecast future financial needs, this conversation provides valuable insights for anyone interested in strengthening their financial portfolio with real estate. Whether you’re a seasoned investor, a small business owner, or just starting out, Jason’s expert guidance will help you make informed decisions and build wealth more effectively. Key Topics: Advantages of real estate investing vs. traditional stock market investing Leveraging self-directed IRAs to own property tax-deferred Strategies for maintaining consistent rental income and property appreciation Importance of proactive tax planning and choosing the right business structure Navigating the changing tax landscape and future-proofing your investments

Welcome to Episode 7 of RE in Real Time!

In this thought-provoking episode, hosts Lonnie Plaster and Forrest Odenhall take a deep dive into the challenges facing the real estate industry today. Drawing on their combined three decades of experience, they explore how the industry has evolved—and in some cases, devolved—into its current state. With a focus on agent compensation structures, systemic inefficiencies, and recent class-action lawsuits, this episode uncovers the cracks in the system and examines how these issues are reshaping the real estate landscape.

Whether you’re a seasoned real estate professional, a new agent, or someone interested in understanding the inner workings of the industry, this conversation sheds light on what’s working, what’s not, and what needs to change. Lonnie and Forrest tackle these issues head-on, offering both criticism of outdated practices and inspiration for how the industry can move forward.

Expect an honest and sometimes controversial discussion about the structural flaws that have plagued real estate for years and what must be done to rebuild trust and transparency. This episode will leave you with a clearer picture of the forces driving change—and why now is the time to rethink traditional approaches to serving clients and empowering professionals.

📌 Time Stamps:

0:00 - Introduction: Meet your hosts, Lonnie and Forrest, and hear about the focus of today’s episode.

2:15 - Why Real Estate is Broken: A discussion of the systemic issues Lonnie and Forrest have witnessed in their 30+ years in the industry.

5:30 - Agent Compensation Models: Breaking down the traditional structures of agent pay and why they are under scrutiny.

10:45 - Class-Action Lawsuits Explained: Insights into the lawsuits challenging industry norms and exposing inefficiencies.

16:20 - The Need for Change: Why the industry must prioritize transparency, fairness, and adaptability to thrive in today’s market.

20:45 - Looking to the Future: Innovative ideas to reform the real estate landscape and serve clients better.

25:00 - Closing Thoughts: Lonnie and Forrest issue a call to action for professionals to embrace change and rebuild trust.

👉 Don’t Miss Out: This episode is perfect for anyone who wants to stay informed about the critical changes happening in real estate or who’s looking for actionable ideas to navigate a shifting market. Whether you’re an agent, a broker, or just curious about the behind-the-scenes of the real estate world, there’s something here for you.

🎧 Tune in, Subscribe, and Share: We’re bringing you the insights you need to stay ahead in this dynamic industry. Be sure to subscribe for more episodes packed with industry knowledge, and share this episode with your colleagues and friends who want to better understand what’s happening in real estate today.

#RealEstate #Podcast #AgentCompensation #ClassActionLawsuit #IndustryTrends #TransparencyInRealEstate #LonniePlaster #ForrestOdendhal #Nexthometheagencygroup

Anyone that grew up in Manassas recognizes the JE Rice hardware store name, from humble family beginnings to joining Next Home, Forrest and Lonnie introduces their newest member of teh NextHome family Chase Rice. Learn about Chase's Journey from his Grandfathers hardware store to real estate!

In this episode of RE in Real Time, we dive deep into the new real estate rules for 2024 that every home buyer and home seller must know. As the industry evolves, it's crucial to understand how recent changes to real estate commissions, buyer agency agreements, and NAR settlements impact the home buying and selling process. We break down what these changes mean for both parties, emphasizing the importance of choosing the right real estate representation. If you're preparing to enter the market or want to stay informed on the latest real estate trends, this episode is a must-watch! Our discussion covers everything from first-time homebuyer tips to how sellers can maximize their listings by properly marketing their property with professional photos, social media, and pre-inspections. With the new responsibility on buyers to hire and pay their own real estate agents, understanding buyer and seller responsibilities is more important than ever. Tune in for expert advice on how to successfully navigate real estate transactions in this evolving market. Don't forget to like, comment, and subscribe to stay updated on the latest real estate market trends, buyer agency rules, and more!

In Episode #4 of RE in Real Time, hosts @theforrestodendhal and @LonniePlaster welcome their first guest, Rob Heltzel, for an engaging and informative discussion about the real estate industry. Rob shares his experiences and insights, offering a unique perspective on navigating the challenges of today’s market. The conversation kicks off with some personal anecdotes, setting the stage for a deeper dive into what it takes to succeed in residential real estate. Throughout the episode, Rob, Forrest, and Lonnie discuss a wide range of topics, from building strong client relationships to leveraging technology to enhance real estate transactions. They explore strategies for thriving in tough market conditions and provide tips on effective communication, handling negotiations, and staying adaptable in an unpredictable industry. With Rob’s expertise and the hosts’ candid insights, this episode offers valuable takeaways for both seasoned professionals and those new to the real estate world. Whether you're looking to grow your career or simply gain a better understanding of the market, this episode is packed with practical advice and real-world examples. 00:00: Intro music kicks off the episode. 00:09: Forrest shares a personal story about receiving an unexpected phone call during a doctor’s appointment, setting the stage for the unpredictability of the real estate business. 02:00: The conversation begins with the importance of being available and flexible as a real estate agent, especially when handling last-minute client needs and urgent calls. 05:00: Rob Hetzel is introduced as the guest, and they discuss how technology has transformed the way agents communicate with clients and handle transactions. 08:30: The trio explores how the housing market has shifted in recent years, including challenges like low inventory and how agents can adapt. 12:00: They delve into strategies for first-time homebuyers and the importance of educating clients about market trends, financing, and realistic expectations. 16:00: Rob shares insights on managing client relationships, emphasizing the value of trust and consistent communication. 20:00: The discussion turns to negotiating tactics in real estate, highlighting different approaches to successful deals. 23:00: Lonnie shares personal experiences about the ups and downs of the real estate industry, stressing the importance of perseverance and a positive mindset. 27:00: Closing thoughts from all three participants, including advice for new agents and what it takes to thrive in a competitive market. #realestate , #residentialrealestate , #realestatetips , #realestateadvice , #realestateinvesting , #propertymarket , #realestateindustry , #realestatecareers , #homebuying , #realestateagents , #firsttimehomebuyer , #realestatemarket , #homeselling , #realestatepodcast , #realestateexperts , #realestatestrategies , #realestatesuccess , #realestateeducation , #realestateinsights

In this episode of "RE in Real Time," hosts Forrest and Lonnie dive into the significant changes that took effect on August 17th, which have left many real estate agents feeling confused and unsettled. They discuss the new compensation structure that no longer allows compensation to be advertised in the MLS, shifting the responsibility to the buyer's broker to negotiate their commission directly with the buyer. Forrest and Lonnie explore the implications of this change, emphasizing the need for transparency and consumer-centric practices in real estate.

They also touch on the challenges some agents face in adapting to the new rules, including reports of agents refusing to show properties without a signed compensation agreement. The hosts stress the importance of adhering to the new guidelines and leading by example in the industry.

Towards the end of the episode, they pivot to discuss the opportunities that NextHome The Agency Group offers for agents and leaders, highlighting the flexibility and entrepreneurial spirit that the company encourages. They emphasize the importance of building a business that allows agents to achieve long-term success and generational wealth, positioning NextHome The Agency Group as a forward-thinking and supportive environment for real estate professionals.

Tune in to gain insights into the latest industry changes and learn how to navigate this new landscape effectively.

EP001 - Forrest & Lonnie discuss some serious real estate ethics