Shift happens. When it comes to demographics, sometimes those shifts affect supply and demand.
As an investor, if you get on the right side of supply and demand, you can make a lot of money.
Sitting in the musical chairs in The Real Estate Guys™ mobile studio:
- Your host and radio show front man, Robert Helms
- Your shifty-but-happy-to-have-a-chair co-host, Russell Gray
- Returning special guest and top international broker, John Turley
When you make your living selling real estate on a tiny little island in the Caribbean, it’s hard to climb into the upper echelon of worldwide top producers for one of the biggest real estate franchises in the world.
But John Turley has done it. And in a big way! In the huge worldwide RE/Max franchise, Big John is in the top 3 of all international brokers. All from a tiny island in the Caribbean.
How? And why should you care?
Whether you’re an investor or a real estate broker, the message is that when people move it creates demand for real estate. If you’re there first, then you can profit when all that purchasing power shows up. Hey, it’s working for John and it can work for you, too.
What John Turley discovered is that the baby boomers (you know, that HUGE demographic of people who’ve powered wave after wave of business profit as they move through the stages of life) are facing an interesting dilemma as they approach their golden retirement years…
There aren’t enough desirable retirement destinations to go around.
So if you’re the purveyor of such things (as a landlord, developer, flipper or broker), you have an amazing opportunity to ride the wave.
Here’s the good news: Though the race is on, the boomers are only on the front end of their shift into retirement. Most don’t yet realize the shortage that’s coming. This means there’s still plenty of time to get in on the action.
But don’t wait too long. Because when the music stops, there might not be enough chairs for everyone. And those that are available will probably be expensive. That means the earlier you get in, the better chance you have of singing a happy tune down the road.
So listen in and discover how demographic shifts affect your opportunities in real estate.
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