Welcome everyone. This is Karen Visif from the Australian National Data Service here in Canberra. Please say hello in the question pod. So we've got some State Library of New South Wales people and somebody from Golben Library. We've got Tasmania, Fremantle, Bundaberg, Townsville, Macquarie, Curtin, Japan. Welcome, Macquarie, Griffith, RMIT, Palmerston North coming in too fast for me to see. So it's wonderful to see so many people engaged. So the first thing is that I would like to welcome everyone and this is a pretty amazing thing both for the research data community and for Ann's. Those of you who are not aware, we've got over 950 people who have signed up for the webinar. We've got 37 local community groups who have let us know that they're planning on getting started and we have people around the world are watching with real interest about how 23 research data things will go. So we're ready to begin our exciting journey. I don't know about you but we're at Ann's and all the people who have been helping to organize this. We're pretty excited about 23 things and we'd like to say particular thanks to Michael Witt from Purdue University who kickstarted this idea by producing a 23 Things America and we've taken his basic idea and made it a little bit different added a few things and also I have to say shamelessly plagiarized some of their great many of the great ideas in the original 23 Things for America. I'll just give you a couple of ideas first about how it's going to run. This is what you're seeing on your screen now is the 23 Things homepage and you can see where it is. We're in Ann's, Partners and Communities here, 23 Things and it's also there's a link from the Ann's homepage. You can see there are four subgroup pages here. Thing one is just saying welcome and to get organized. Thing number one, two and three are already up so let's have a look at thing number one just so to explain a couple of things. You can see here that there are three streams of activity getting started, learn more and challenge me. You can choose whichever stream you like. You can even change horses and streams midway through the journey. There's three different activities for each one of the things and they will ramp up. So challenge me starts pretty simple but there are three you'll see three highly colored buttons. Do you have to do all three things or three streams? No, pick and choose. If you know if one thing really captures your imagination you might like to have a go for some things to do all three. You might not. It's entirely up to you. Equally if you find a thing and you're starting to do the thing and you're not from Australia or you're in a specific discipline feel free to change the activities to suit yourself to go in and do something. I think oh well you've given me three ideas for particular repositories but I'm actually interested in something else. Please, this is about you. It's all about what your learning needs are. So feel free to change things for those in New Zealand and other countries because there are some things such as thing nine is licensing data. When we get to thing nine that week on Meetup we'll be having somebody from the New Zealand licensing will also be following along so to provide any specific advice but clearly we can't do that for all the countries who are with us. So please feel free to adapt and change anything that you want. One of the questions that we've had is I can see thing one two and three but what about all the others? I want to get going. We'll be revealing the things consecutively. So each week a new thing will be revealed and two weeks in advance. So for example this week is thing one week one if you like but you can see thing one thing two and three thing three. Next week you'll see thing two thing three and three thing four. There's a few break weeks in which case we will have a break that week that's around Easter so what we'll be doing after that you'll you will all have a break and then we'll start again so you'll always be at least two weeks in advance and you can sort of go forward or catch up. How will you know when a new thing is going to be there? You'll know that because we'll either send it out in Hands Up. We'll tweet it and for those of you who don't know Hands Up you can see here if you haven't subscribed to Hands Up you might like to do that because it'll just keep you up to date. There'll be a special 23 things box and it will tell you which thing you're up to for that particular week. So that's Hands Up. Just subscribe there. No spam, promise, promise no spam. It's just a fortnightly e-newsletter. I'm just going to go back to thing one now so that most people can see your screen, sorry see my screen and you'll see thing one, thing two and thing three. If you're up here in thing one, thing one to 23 that's the general page so you need to come into here, thing two. I'm going to hand over to Judy Brookner now from Alia and for those of you who are Alia members or who would like to become Alia members have a look in the handout screen. You'll be able to see the two PDFs that Judy's put in there regarding this specialisation. So Judy welcome. Judy's in Canberra. Would you like to tell us a little bit about the research and academic specialisation which is new today? Okay thank you Karen excellent thank you. I first of all I'd really like to congratulate Ann's on the development of the 23 things. I think you've done an amazing job and it's really timely. We've had a lot of feedback from our members that they are really interested in this topic so first of all congratulations to all the team at Ann's for making this happen and I'm sure it will be really significant in the sector. I'd also like to just explain that Alia is the peak organisation for library and information science in Australia and my job here is the director of learning and I look after ongoing learning and also course accreditation and education in Australia. The basis of our ongoing learning is the Alia PD scheme that was created in the year 2000 so it's been going for a long time. We have had a promotion of constant improvement to the PD scheme and as a result of that about three years ago we added our first specialisation which allowed us or allowed our members to identify key competencies in the area of health and relate their ongoing learning specifically to that. The PD scheme works by people accumulating points over a period of time over 12 months it's a minimum of 30 points and over a period of three years what we call the triennium it's 120 points and that roughly relates to one hour of work and learning to one point and there are special categories if you look on our website that explain this how it works. The real push behind this is Alia is supporting people and rewarding those who make the effort to keep their learning up to date so after you've done your initial qualification you can join the Alia PD scheme. The health specialisation was three years ago we've added quite a few specialisations to that sense some of you will be members of those or just the general scheme as it stood all of those are valid the one we are launching today is special to this new webinar and the 23 things and that is our research and academic specialisation. So Karen if you can just click on the research and academic specialisation button that will take you through to the page in our website about the specialisation explains that we have chosen four streams for the specialisation and if Karen just scroll down we've those four streams allow you to specialise during a general say you you feel that you're best suited to cover both areas of research and academic you can choose the general stream if your particular interest is just in research you can choose just the research one or you can choose just the academic one and then at the bottom there you can see coming up on your screen now is the data one so you can choose a specialisation stream just on data in that research academic area and what you what how it works is that you relate your learning to those competencies so when you're doing your entry into your pd record and that you can use our mighty my pd tracking tool or you can use an e-portfolio you can use a blog you can use anything that's suitable we don't want people having to rewrite but the main thing about our our learning scheme is reflective learning and that is how you're audited so you need to write against your competency for everything that you learn a brief summary of different things and you can see down below on that page the coloured dots and they're just prompts to help you under to help your you go through in your mind what you're actually getting out of your learning because when you're doing this 23 things if you have those questions in your mind you'll get much more out of them and that's one of the key benefits of being part of the alia pd scheme is is that emphasis on reflection and it's just simple things like I want to find out more about this covers competency numbers three or something so have a look at those when you audited that's what you're audited on we don't ask for tax receipts or we don't ask for certificates of attendance or so forth and we are now we're launching this specialization today and there will be over the next few weeks supporting resources for that and one of the key resources that we develop our skills audit checklist and they are there with the meat of the specialization lies that's where they all the detail is in the skills audit checklist so you'll be able to go through those and tick off whether you know something whether you need to learn it whether it's not applicable to you and that will guide you through through your your chosen specialization or the general pd scheme if you have any questions at all I have there's Lauren is our is that person who looks after the pd scheme so she'll be responding both to tweets and any questions if you want to email alia pd directly and by doing the webinar series over the next few months you'll be earning anybody who wants to join up will earn 20 points towards their 30 points for the year so it'll be really worth it to to keep in there and keep going right through to the end and finish finish the webinar series and I wish you all good fortune in your learning this is really exciting it's it's new stuff and we're just very grateful to Anne's for all the effort they put into this development thank you very much Judy I'd now like to make Susanna the presenter and tell us a little about two things what we're moving now into ways to be part of the 23 research things community so Susanna is going to take us through the website very briefly and then what are the catch up webinar sessions and how they work thanks Susanna great hi guys as Karen said my name is Susanna I am part of the team here at Anne's in Canberra who is doing the technical stuff and running the things from behind if there's anything on the website which goes wrong that's probably my fault if it's not up there when it should be that's my fault if you want to get on to the community's page and everything and you're not there that's probably my fault too but we'll try and get it on there now this here is the 23 research other things main page it's got the latest news on it and just an ongoing thing about what's happening down here are various questions that we've had people ask us and they all link to answers that are here on the FAQ page and they're all linkable down here so you know what are the webinars they come down here and so on now while we're at it what are the webinars the webinars is this initial one that we've got that's kicking it all off where we go through what's happening and you're able to see the website and what's going on the follow-up webinars which you have to register for separately though you register once and you get that registration gets you on for all six I think they are of the follow-up webinars so this is a kickoff register webinar that we're on here today and then these national these catch up webinars are here now you don't have to turn up to these webinars these webinars are basically a what's happening how are we going a little bit about the things that have happened and a little bit of looking forward about the things that are coming up and your chance to ask questions you don't quite understand what's going on my comment and things like that so you can either come to the webinars or maybe you might want to do all these things just in your local community groups there is no requirement to turn up to any of those webinars there's no requirement as Karen said at the beginning to do all of the 23 things you could do one you can do all 23 or you can do all what's that 69 of them if you want to do all three streams all the way through and Jerry will talk a little bit later about the meetup which is how we can sort of also have a way of connecting with people with regards to what's going on and 23 things now the rest of the website I'll go back up to that on so there's things zero which was a bit of a getting started before we you know there's people going what's happening where are these things where are these things before we kick off today and things one to 23 now there's a little bit of an explanation at the top that about what the various things are and honestly guys I promise you I put more things on this page this morning and they are not there so thing two and thing three with their three colored buttons should were there they are look look at that refresh the webinar I put them on this morning and as we go through the various different things come in as we go on and thing four will be released next week and things five to 23 will be progressively released as we head towards October when we actually finish up now from each of these you can go directly to that part of the next one so if you click there on thing one you go to the getting started part of thing one so you get that same little explanation box at the top you get what you need to do and then how to sort of share your thoughts and go further on from there and then when you finish your thing one you can get your preview date which will be talked about later you can go on the thing too if it's open or you can go back to that page we were just done with all the things on it or if you want to you can go and do the other two parts of thing one so the the learn more and the challenge me now Karen did explain a little bit about these you don't have to do them all you can do just the getting started ones or you maybe in a couple of weeks you might think oh my goodness is getting started once I understand them I'm getting them fairly quickly done through well challenge yourself and go on and do the others but as we said there is absolutely no requirement to do any of any of them or all of them it's really up to you and what you're going to get out of it and what you think you're going to get out of it so thing two has been released as well see there it is all the websites working for me how wonderful it's exactly the same format you'll see that same big buttons at the top which will jump you down to there if that's what you want to if that's where you want to go and your various things are there go on thing three is there ready waiting for you so as soon as you're ready for them you can get to go now at thing four thing four is not there yet because we're not haven't released it yet as Karen said we release them slowly as we go through the year and that will be ready and available March 8th we will also have let you know by hands up and Twitter and so on when they're available now Jerry I think I hand over to you so that you can talk about the meetup thank you Susanna so I'm Jerry Ryder I work with the Australian National Data Service in Adelaide Australia I've spoken an email with many of you over the last few weeks as we've got this program up and running so Susanna has shown you the 23 things webpage and the individual pages for each thing and she's also spoken a little bit about the webinars which are an option for people who want to join a virtual community to discuss things to ask questions that they may not have seen resolved through meetup or through their community group get-togethers and meetup is another option for people who want to interact with this program virtually so essentially we'll be using meetup just as a discussion forum for things the website that Susanna has just shown you is our main communication channel in terms of the latest news and the reveal of things but meetup is our space for actually posting questions sharing thoughts providing comments starting a discussion about things we have as you've seen three streams of activity for each thing and what we've chosen to do with our discussion boards is to actually set up a separate discussion board for each stream of activity for each thing so if for instance you're doing the getting started activity for thing one there is a dedicated message board just for discussion around that particular activity all the discussion boards will be set up in place so you won't need to create a discussion board just simply use this add a reply function to put your comments in or or your questions what we're really hoping is that you the community the people participating in the program will jump in help answer questions contribute to discussions share comments and thoughts obviously we at Anz will be keeping an eye on this space but we really want this to become a space where the community to can get together and share ideas in a virtual way now again like the webinars it's not compulsory for you to contribute to the meetup site if you're contributing to part of a community group you may prefer to instead share your comments and questions with your community group and perhaps just have one or two members of your group keep an eye on this space and perhaps contribute to this space on behalf of your group now you will need to register to join meetup it's very very simple process that you can do and then you can come and go from this space and use it as I said to post your questions add comments and just to see what other people are saying there is a possibility to to um I've got it up here to track at this a discussion so if you really want to keep an eye on what's happening with a particular discussion stream you can opt to track a discussion and then be alerted when new things are added to it so that's essentially how we will use meetup is really just for the message board facility and at the moment we've got message boards for the activities up to thing four no content in any of them yet obviously because we're just kicking off but again more of these message boards will be added as things are revealed so that's a quick look at meetup if you have any questions about it please don't hesitate to ask we did set up a thing zero message board that you're welcome to use to introduce yourself to others in the community and perhaps sort of indicate a particular interest where you might be able to connect with others that share that particular interest the other thing that Susanna alluded to were our community groups and what we've um I guess encouraged here is for people in the community to set up face to face groups or or a mixture of face to face and virtual groups whereby people who are the work in the same institution or in the same geographic area can get together to actually discuss the 23 things so hopefully you can see on my screen that we have already about 37 groups from New Zealand and all the states of Australia that have emerged and we would certainly encourage others who might be interested in starting up a group to do so I think it's a great way to network in person and if you're a work group to actually perhaps talk about how you might implement some of the learnings from doing the 23 things a geographic group is obviously a great way to go as well particularly perhaps if you're working on your own in research data management in your organization and you want to connect with others who are also interested in doing this program and we'll hear shortly from a couple of people who are actually running community groups but if you do have a community group or would like to start one please let us know we're happy to put it up here on a very long list mainly just so that others can have a look and see oh yep there's a group in my area or there's already a group in my organization I know who to contact to find out more about that group so please take the time to have a look through that and think about starting up a group if there's not one already in place and you can certainly use Meetup and Twitter account to promote your group as well so that's a quick overview of the community groups so now we've got a couple of people to talk about their groups okay so first up first up today we've got Leanne Griffiths from the CSIRO who's just going to quickly tell us a little bit about her group thanks Leanne thanks Jerry just quickly CSIRO has a distributed workplace and no two team members actually sit in the same location to enable us to provide support to each other as we progress through the 23 research data things we decided that we would begin with a monthly virtual get together where we could discuss things that had happened in that month and we'll be starting our first one on the 8th of March so it gives people an opportunity to work through a couple of the things and then we'll have a catch up news just breaking to my team is that I've actually had some thoughts over the last couple of days and I'm going to introduce in addition to the monthly catch up a 15-minute scrum type session so that we can come to a quick 15-minute session once a week and bring any learnings that we wanted to share or any problems that people are having as they progress to underpin these sessions we have our three and newly on board fourth data management librarians assisting the outreach librarians team and the information resources team to engage in the research data things so the other thing we need to work through is looking at tracking and rewards that will be something that we'll be looking at as well we would also like if possible where we have stuff on site if we could join in a local group as well and engage with the local group as well but certainly for us the virtual catch up is what we're planning to work through initially that's it for me that's great thank you Leanne so Anthea Harris from Perth did you want to just quickly tell us a little bit about the group that you're planning? I just thought it turned out interesting and I thought right I'll get a group together and if I say I'll have a group then people will come but nobody's come yet and I've decided that we could actually get a definite venue on Jerry's advice and so the Windsor hotel in South Perth next Tuesday at half past six I'll find a table 23 in the beer garden and if anyone wants to come to that then we'll start off then and see what our group's like. Thanks Anthea, I think that's for you I've got to say I'm sorry. No that's lovely and the beer garden sounds like a wonderful option and Anthea's email is up on the community groups page if you want to touch base with Anthea before next week I'm sure she'd love to hear from you and essentially her group's open to anybody in the Perth area that's interested in doing the program and I might come under the AU West umbrella. Great thank you Anthea finally for this session Anton we have Anton Angelo from University of Canterbury over in New Zealand. Anton do you want to tell us a little bit about your group please. Thank you Tena kouta katoa. We are a surprisingly large group actually I've been amazed how many people are interested in this I think we're doing this at the right time I'd like to thank our hosts here Anne's for arranging something which I think is just amazing and for us to be able to piggyback on so thank you very much for doing that. What I would like to do is invite other New Zealanders who may be a bit further down the track on research data especially things like copyright and storage in the New Zealand context to get in touch with me and then we can we can mold some of the things later on to have a more of a New Zealand component in them. My address as well is up there on the meetups page and we're just going to work out I'm going to brush down and talk to our group in a minute and we're going to work out a bit democratically how we're going to meet and how we're going to do that and the thought of a beer garden is extraordinarily attractive but I somehow I don't think we'll get away with that unfortunately but there you go and we're probably just going to have to have lunch or something like that and even bring our own unfortunately yeah so thank you again to Anne's for doing that and really looking forward to any other New Zealanders who want to get in touch with me and we can mold some of that later but those things great thanks Anton and we've been delighted at the response from New Zealand it's and it's terrific to be able to share this program across across country borders so next thing we just wanted to quickly cover off on was rewards now for those people who are a member of Aaliyah we've just heard previously about how you can earn PV points through Aaliyah the other mechanism that we're using that we hope may provide some motivation for people to keep going with their 23 things is digital badges now we scratched our heads a little bit about what we could do in the context of a program like this to reward people for actually completing things and hopefully provide a bit of motivation and we came up with the idea of digital badges and we're using the credley system so I've just clicked back now to meet up a discussion page for thing one and what I can what I hope you might be able to see is this link here where it says completion of thing one means you've earned a digital badge claim it here and what at that same that same link is available on the thing description pages that Susanna showed us earlier so that when you finished your thing you can click on that link and go off and claim a credley badge with we've created badges for each of the 23 things so that you've got a little bit of recognition as you go along for complete thing there's no proof required this is an honesty system to claim your badges we're not going to be monitoring who's claiming for what and actually have they've done their thing we can't possibly know who's done what things because this is a self-directed program but we hope that you'll find that that's a little bit of fun a little bit of motivation and perhaps the basis on which perhaps your community group may itself have a leaderboard or some other mechanism for motivating people to keep going and to contribute to the program as well now the credley badges are free but you will need to register first which will be prompted to do when you first go to claim a badge is a short free registration process to do that and then we do encourage you to claim your badge when you complete each thing there will be the link as I said from each discussion page as well as from each thing page on the website so it's easy to find very could I just add in there there's been some really interesting chat on in the question pot about how some people are also doing rewards and from M we've got chat with you managers if it's in your pdr decide which stream of things you're going to aim yourself at so that's another way of ensuring that managers are aware of what you're doing as well that's something that you might want to consider as well yes so we so we as I said we at ants can only do so much in terms of rewards but hopefully if you're a part of a community group and particularly one within a within an institution you may come up with your own mechanism for rewards celebrations you know as you complete things or sections of things just a bit of fun and a bit of recognition for working through the program and sticking with it there's someone who has asked for a week sorry gerry i'm just jumping in here someone's asked if we get a big badge at the end we can put on your staff home page that's a really good idea when we get to the end we may have a surprise for you i'm not sure there is one now but we'll look into that and somebody else has said that they're getting drinks and food when they finish i hope that's management and things okay hello it's judy here just saying that um anyone who's going through the 23 things and doing the alia pd scheme specialization um after the 12 months and if they do some extra work and get their extra 10 points they can be an alia certified professional academic research specialization so extra reward and extra encouragement there to keep going thanks judy just a a question in the question pod which it might make it easier for people to understand just to show where the link is to the discussion board so someone's asked how do we get to the discussion board you can go directly to the meet-up site or at the bottom of each thing activity you'll see um a section like this where it will take you there's a link there to meet up that takes you directly to the discussion board for that particular activity so um you can access it from here or go to the meet-up site directly and um access it from there you noticed that i did click on it and i haven't actually logged in to meet up here so you do need to log in um it is also a closed group too so you have to be accepted to come into the group so it's not you know free to the world for everybody to work out and see what's going on if we should hopefully then not get anybody who's not interested in what we're doing there now i need to let you guys know about the twitter handle here's our twitter handle 23 rd things um and that was an earlier one and i think if i refresh it yes there's all sorts of things sing one thing too who put that one up thank you i did have a thought when we were doing the badges whether we could get things you know up to thing 23 but then i thought no maybe that's just too much and there's obviously a group there i can't sit moment where they are but they're all listening to us and that's fantastic and somebody's obviously got all the rewards happening already fantastic none of that around here caren you're slipping see this is the twitter handle that we'd like you to post too if you're mentioning about the 23 research data things would i also like if you could to add the ans data um twitter handle realize of course there's only 140 characters but that just links it back to anybody else who's following us at ans who may not know about the research data things and what we're doing now the other thing that we've come up with but we haven't really started using yet is a so those who are being a community organizer so it's thing os and i can't for the thing organizers thing what's organizer yeah thing organizer that's what that thing was so if you've got um questions that you want to ask to other community group leaders just tag it with this and and that will be another way of keeping yourself from going insane because you there on your own you've got you know there's great big room full of people who are looking to you and you may want to help with some ideas or things like that and of course we will be monitoring these various twitter streams to see what's going on what questions are being asked and um we're trying to help you wherever we can so i'd like to thank everyone for coming along today and let's get started this is a pretty exciting opportunity we're keen for all of you to let us know how you're going look if you've got any queries or questions or good ideas tweet them or what you can do is you can just drop an email to anyone at ans on our web page i think there's a general contact at ans email address you can use that um but i'd like to thank you all for your support the 23 organizing team has drawn on expertise literally from around the world and our local community members have been really forthcoming in supporting us and each other to get started we wish all of the groups all the best and if you don't have a group in your local area don't forget there's the catch up webinars and there's twitter and there's the ans staff who can answer any questions or help you get started or if you're not sure what to do we can set up one of these um go to webinar meetings just one on one if you're not sure how to get started so just let us know so i'd like to thank you all for coming along and wish you all the very best and we're looking forward to seeing you all either at webinars in your local groups and ans staff by the way are also available to come along every so often if you'd like us to join in with your your groups um we're happy to come along and sit in and provide any support that we can so on behalf of all of the people here at ans and all of the community who have supported each other to get these 23 things going let let the fun begin let the games begin let the things begin so we'll see you all probably at our next catch up webinar or in your community groups or we'll see you on meetup


Going on everyone Sam here with late sports cards with two boxes of 23 bowman's best university football delight for Jeremy B So good luck here at Jeremy. Let us see it Drake may studio starters to 25 on the orange and start good starters, right? Blake's Patriots QB to 25 Kendall Milton a lot of Pat's fans saying that my buddy's a huge patients fans all Really all in will Howard didn't see much impress me if you and I didn't either play shape into happens plenty of science words True. Tell me this guy's the most QB ready or whatever it's in Brandon. It's the 150 most NFL ready. I'm in 75 K club Nick to 100 Braille and Trice Nice Brock Bowers that is elements of the game to 75 for Georgia Is a goal Javante Barnes 45 of 50? That's Jeremy and Will Rogers that is rookie Jersey Auto or Prospect Jersey Auto or College Jersey Auto Technically but it kind of is All right, Jeremy box number 240 buddy. That is nice Drake may Carolina blue These are cool, man. I like these signs of the times. These are fire and Nick Singleton Penn State, let's go Jeremy's PC to 25. Hell yeah, we are Mackay 11 to 99 Chris Vizina To 150 Jackson Dirk to 100 Caleb Downs to 99 Mario Williams Orange Michael Pennix and Roman Dune's a go Jeremy 25 Jeremy Congrats, buddy. I work that's sweet That is sweet, man Penix and I'm doing say on the dual hell. Yeah, dude. Let's go Jeremy Got Rashad to binion eight of 25 for Arkansas man a bonus auto as well That was an incredible box again, dude. Yeah, there we go incredible. Congrats Jeremy. Good stuff, buddy That is gonna do it for your break Jeremy. Thanks again for your support my man get him right out to you


What's up, everybody? Ricky Careuth here. Welcome back to my channel. Today, I want to talk to you about why I feel like we're fixing to have a massive real estate surge. I also want to give you my reaction to the Patrick Beck David webinar where he thinks it's the end of the world when it comes to real estate, that we're in this massive real estate bubble, and we're going to see a repeat of 2008. I hope that you're having a great day, great week, great month, great year. Hope you're out there crushing it, and not worrying about all this stuff because none of this stuff matters. I hope you're chasing your dreams. I hope you can visualize where you're going to be in the next five years based on what you're doing now. I also want to share with you the most interesting existing home sales data that we've seen in a long time that just came out. And before we get into that, let's get into the question of the day here. This comes from Instagram. Hey, Ricky, how would you handle a seller that wants to sell that has had many conversations about prepping their property for sale but keeps dragging their feet? They keep telling me next month, but our local market is shifting and price reductions are happening daily. I'm not sure what to tell them other than don't wait too long. This is a super interesting question. I'm sure a lot of you guys are thinking about this right now. And I just want to tell you, first off, you never try to advise a client based on what you think is going to happen. Even though you may know in your mind, you're like, prices are going down, price reductions are happening. No, price reductions are happening because people are asking too much for their properties. The values are still going up. Even month over month, we're still seeing prices go up. They went up 2% month over month from May to June, 3% from April to May. We're still seeing values go up. The problem is we have a lot of sellers that are in denial that are asking way too much for their property. And we're seeing those listings of those motivated sellers start to reduce prices. That doesn't mean that prices are going down. That means they were asking too much in the first place. Try to come back down and look at the data and realize that we're in an increasing market right this second. Now, that could change. It all depends on interest rates. If interest rates go to the moon, sure, we may see a slight leveling out or even decrease of prices, but we don't know. A lot of experts are calling for what the rates are now to stay around the levels that they are for a long, long time, a year, 18 months, stuff like that. And whether that happens, who knows? But that's neither here nor there. We're not in a decreasing market right now or the prices are not decreasing. So when we see price reductions, don't let it scare you. Okay, value is still going up. And what I've told the agent is, wait a minute, prices are still increasing. So technically, the longer he holds it, the more he'll be able to sell it for. And that might be what the seller is looking at here. He might think, hey, prices are still going up every month. Why don't I take my time to fix this property up? It's going to be worth more later anyway, plus the upgrades that I'm doing, it's going to be worth even more than what it's worth right the second. At the same time, I get it. Time is of the essence. Maybe the market does shift. We don't know.  I totally get it, but this seller doesn't sound like they're that motivated to really move quickly. There's no urgency behind their actions and you can't twist their arm and make them put it on the market. Spend your time focusing on other sellers that may be more motivated and try to go after more clients. This is the classic focusing too much energy on this one client and thinking more quality instead of quantity. You have to find the balance between quantity and quality. So, nurture this relationship. Stay in touch. Give them the data every week as new data comes out about the market to keep them on the front end of that data. Allow them to make the decisions of when they want to do what they want to do and then just help them do it. Thank you so much for this question. Guys, I'm answering every single message on Instagram. Please reach out to me there if you have any questions whatsoever. I'm happy to help and keep sending me your results and your big breakthrough moments. I love seeing that stuff.  Now, let's dive into this Patrick Beck David really quickly because he did a webinar and it was funny because a week before that Dave Ramsey did the his webinar where he's illustrating that prices are going to increase every year for the next five years. Now, the way that Dave laid this out, it made total sense. He totally convinced me that prices are going to increase for the next five years, not as quickly as it has been, but that they will increase. Who knows? But he convinced me through his data and what he shared that it's the strongest possibility out of all the different possibilities we see right now. So when I saw the advertisement that Patrick was going to do a webinar on why he feels like prices are going to decrease, it's going to be 2008 all over again. I was like, this is the Super Bowl for me. This is something I'm going to tune in every second of. So here I am ready to watch this. I'm coming with an open mind. I'm wanting to, I'm wanting Patrick to convince me that it's going to be 2008 all over again and I'm looking for the data. I want to hear what he's thinking. So I was super excited. So I sit down to start watching this. I've got my popcorn and I'm watching this thing. And there were so many red flags for me with everything that he was saying. So first off, one thing incredible that Dave did was he showed a chart that showed interest rates and it showed prices since like the mid 1970s. Here it is fixed rate mortgage average versus median home prices since the mid 70s. And so you see right here, the blue line, the mortgage rates, how they went up and almost touched 20% there and around 1981, 1982. And how they started to come back down and you kind of see all the way to present day, how they shot up here lately. But you also see prices here in the late 70s and you see this line of prices, you know, meander here and it never goes down. It levels out a little bit there in 1983, 1984, kind of levels out a little bit. It continues to go up. Prices never decreased until 2008. This is a really incredible chart and graph to look at because it shows the relationship between prices and mortgage rates. And what do we find here when we look at this? Well, we find out that there is no relationship. This is not correlated. When the mortgage rates go up, it doesn't mean prices are going to come down. As I was watching Patrick's webinar and why we're going to have another 2008, I was waiting for him to bring up the prices since the 1970s, just the way Dave did. Of course, Patrick talked about the interest rates that went up to 18%, but he never talked about how prices never went down during that time. So I thought that was very interesting. That was the first red flag. I was like, wait a minute, you know, why is he hiding that statistic? The next thing it went into was how much more it costs to own a house in this year, right? Because prices are still at all-time highs and mortgage rates have went up, right? And property taxes went up because values have went up. It costs you way more.  And it was ranging anywhere from like 80% to 100% more to own a house when you count mortgage payments, insurance and taxes for the year. He was saying like, you know, it cost you $25,000 a year to own a house. Last year, it cost you $45,000 to own that same house this year. And he showed all this stuff and I guess his point was, hey, people won't be able to afford this. You know, the regular Joe's out there won't be able to afford this. Well, absolutely they won't be able to afford it. That's why we're down 14% transaction-wise. And the people that are buying are getting vetted so hard by the banks. The banks know that these buyers can afford these houses. There's so much regulation so the people that are buying can't afford it and the ones that can't aren't. So we're not getting into trouble because of this data. Also 25% of the transactions right now are cash where there are no mortgages involved. So only 75% of the transactions which are down 14% are using mortgages and those people that are getting mortgages can afford it. So this is not evidence that we're moving into a bubble or that we're getting into trouble here into the market. And let's just say for example that all 75%, that 100% of those 75% of people who use mortgages end up in trouble and have to foreclose. Well, that's still a small sliver of the entire industry. It wouldn't be enough to bring the entire market down and crashing and burning. And the final point I want to make here that really threw me off was he started talking about price reductions. He was showing properties where, you know, they were asking $3 million and they reduced it, you know, $500,000. He was showing $400,000 homes that were reducing at $50,000 and $100,000 reduction here, $20,000 reduction there and all these reductions. And guess what terminology he used? He said these people are reducing their property values. And I thought, oh my gosh, did he really just say that? These people aren't reducing the property values. The property values is what the property is actually worth, which is what somebody's going to pay for it. And that's going to be that closed sales price. Well, property values are still climbing. As I said, 3% month over month from April to May, 2% month over month from May to June, right? Property values are still increasing. And he used the word property values instead of asking price. You can ask whatever you want. If it's $3 million for a home, it's worth $2 million. He reduced it $500,000 at 2.5. You're still overpriced and you haven't reduced the value of the home. The value is still worth $2 million. The asking price got reduced by $500,000 because they were asking too much in the first place. So for him to come out and say all this stuff really made me realize he's trying to scare everybody for what reason I don't know. And then boom, we get to the end of the webinar. And it all hit me like a ton of bricks. He was pushing his event, the vault. So let's scare everybody into thinking there's a crash.  Get everybody in the same place at the same time. And at the end, boom, sell them on our event, the vault. I thought it was kind of a cheap shot, honestly. Now let's dive into this existing home sales data. This is incredible. And this is what you guys really want to pay attention to. There's so much to unpack here. Here we go. Existing home sales slid 5.4% in June. Okay, but look at this. Properties remain on the market for a record low 14 days. We've got 14 days on the market. That's a record low. They've been collecting this data since 2011. So we don't know what those days on the market were back in the 040203045 range when we saw that surge. But this 14 days on the market is even lower than it was last year. When the market was crazy on fire, this is lower on average days on the market. That's what's very interesting. So let's unpack this. We're at a record high median existing home sales price of $416,000. That's a new high. It's never been $416,000. Okay, prices have climbed 13.4% year over year. Okay, this statistic is very interesting. Inventory rose to $1.26 million by then in June, or the equivalent of three months of inventory. So last month, we were at 2.6 months of inventory. So it jumped from 2.6 to three months of inventory. That's very interesting. And what's interesting about it is, is once we hit five months of inventory, that's a balanced market between buyers and sellers. Anything above five is considered a buyer's market. So that's a number to watch. But when you look at the fact that inventory is rising, but we still have a record low $14 in the market, you got to think, what gives? How can we have both? How can we have rising inventory, but we have lower days on the market? Well, here's the facts. And this is what I've been talking about the whole time is that we're in the seller denial market where people are pricing their properties based on the market last year and how, what the strategies were there for pricing. You basically just price it whatever you want. Well, you can't do that this year, but sellers are still doing it. And that's why we're seeing an increase in inventory. I believe that the viable listings are probably about the same as far as the properties that are priced correctly. So the 14 days on the market is not taken into account the properties that aren't selling because they're overpriced and they're just sitting on the market. It's only accounting for the closed sales. So the properties that are priced right are selling quicker than ever before. What does that tell you? We're in one of the strongest seller markets that we've ever seen, right? And we have more inventory, even of the viable listings. Even though they're selling faster, we're getting more of those viable listings on the market. As we dig deeper here, we see that cash sales accounting for 25% of transactions in June and the distress sales foreclosures and short sales represented less than 1% of sales in June. So we are seeing a surge of foreclosures and short sales, but that's coming from the fact that this has been sitting on banks' desks for over a year and they're just getting to where they can unload them and push them through the system. It's not like a lot of people are just all of a sudden laid on payments and you have a lot of list pendings and pre-foreclosures. No, that's not what's happening. This is stuff that's been sitting on desks for a while now. So I think that as you look at all this data, you look at the Dave Ramsey scenario, you look at the Patrick Beck-David scenario, you look at this report and you read further articles and everything else. And you put all this together. I think the biggest punchline here is that A, we're going to be just fine. B, it doesn't matter if it crashes and burns or not for us as agents. We're going to go out there and help people do what they need to do. And C, we need to educate our sellers. Educate our buyers on what the market is. The market is changing so fast right now. And as we move towards that new normal market where we're going to be in more of a normal market scenario, we need to educate our sellers. What you need to do, here's your homework. You need to go into your MLS and you need to find your average days on the market for your market. And you need to share that with your seller. You say, listen, we're at all-time high price-wise and we're at a record low on days on the market. And so what does that tell you, Mr. Seller? I'll tell you what it tells me. It says, if we price our property correctly, we're going to sell it for the most amount of money within a week or whatever the days on the market are for your market. It also tells me that if we overpriced the property and we don't sell it within a week or two or three and we're not getting very many showings, that we evidently obviously overpriced this listing. This is a very price-sensitive market, Mr. Seller. And we need to price it correctly to get the most money and take advantage of this incredible market that we're in. So go to your local MLS, find out your local stats, days on the market, how many months of inventory do you have in your market? You can check that by taking the active listings in your market, the number of active listings and divide that by the number of closings in the last 30 days. Stay on top of your local markets data and educate your buyers and sellers so that they can make the best decision possible. Now, the one reason why I felt like we're going to have an uptick in real estate transactions for the rest of the year is because of pent-up demand. The fact that we've had less transactions so far this year just tells me that demand has been building up because it didn't go anywhere. And when interest rates went up and our buyers took a step back to kind of recalibrate what they want to do and how they want to do it, they've just been sitting on the sidelines saying, OK, and we're going to get to that inflection point very soon where they realize 5.5% interest rate is the new norm. We have more inventory to choose from.  That's just not happening. And at some point, they're going to say, we better go in and we better go in hard and they're going to have more options. And who are they going to call? You. It doesn't matter what the market's doing. Get out there and help people. OK, that's it for today.  We'll see you in the next video.