Local Realtor Donnie Weddle

Local realtor Donnie Weddle creates Youtube channel. When ask what did he hope to accomplish with his channel he answered in four words “ to make a difference”. He went on to say that many youtube channels have great content and are very educational. I ask why does he think his channel is one that people will want to watch. Weddle said because the viewers are the ones giving me the feedback of which topics to cover. I found that interesting as all of my Youtubers that I’m aware of are trying to sell a product, I ask him what product was he trying to sell? Sell he said? My channel is about providing a service to my community. If I can cover the how to’s of buying and selling a home or give people an insight into real estate investing so they make informed decisions then it is worth the time.

Donnie Weddle goes on to say this all got started when he was in a training class at Keller Williams Realty. He said that one day in class a social media coach had challenged him to do live facebook post to build his brand in the community. He thought about what she had said and decided that he didn’t want to be the same old real estate agent walking through a house saying here is the kitchen, here is the bedroom and so on. He decided while he will do home tours he will also do market trend reporting, how to videos and hyper local information about his community. He then went on to say that once you have a great topic a worth while topic that is on digital media why not upload it to  Youtube so others can benefit from it.

Selecting topics, Weddle says he has 8 episodes pre-determined  with scripts wrote and after that it is all content being created to match the viewers request. He got on a roll and just like flipping a switch he went into a creative mode going through how he sets up the tripod and camera, to how he purchased video editing software so he could add text, effects, music and powerpoint to his facebook videos and then of course upload to his channel. I could see this was something he enjoyed doing and when I ask him that he looked at me, smiled and ask is it that obvious? I answered well yes it is. Thats great news then its working Weddle said. The channel is to help people and if it helps me be excited and happy then it’s a two-fferr. A two-fferr? Yes you know accomplishing two things with one action, a two-fferr. He definitely made me happy during this interview. I ask him if he had anymore silly saying that he used. His response. “Why don’t you catch my live Facebook broadcast to see. “

I would  like to know how the market is doing in the Tulsa area. He tells me that the data shows while we are still in a sellers market for the low to mid range priced properties the market is seeing some stagnation or slowing. He went on to say that many homes have been priced at the high end of the price range in the market causing the day on market to get inflated. He opened his briefcase and pulled out some reports and graphs to illustrate in more detail what was occurring in the market. You could see where properties priced in the range as he called near the low to middle sold rather quickly and the others that agent and client listed at the higher end of the range did not move. I ask why do you think that is? Its not that we are in trouble or crisis, its simple, interest rates have been increasing, home prices have been increasing and people are waiting to see if the higher home prices are going to see the adjustment that the media keeps bringing up. He went on to  say if your buying a home to live in for years the market is still a fair market for buyers and sellers. If your buying for flipping it is much more difficult to find the deals right now as prices have gone up thus profits by flippers are down. It all comes full circle, or better yet get on the roller coaster ride called real estate investing. The key is to know when to get in when to get off and what part of the coaster to ride in meaning the price point. He goes onto say that no matter what market there are buyers and sellers. The difference is some sellers have to because they have to not because they want to.  The house flippers that have cash and are setting on the sideline waiting will be able to in the next two years pick up properties at a discount. There are many people who have bought a higher price home than they could truly afford and as ARM rise, as well as other cost continuing to climb the mortgage gets harder for them to afford. House flippers are a way out for people that are upside down in their home. While most of the public does not like the house flipper who focuses on pre-foreclosure properties they help people stay out of bankruptcy.

So my article is fully transparent Realtor Donnie Weddle does own a residential re-development company in the Greater Tulsa Area, he does say that his company plans to purchase 3 to 4 properties before the end of the year. The company goal next year is a property a month.

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