#828: How to Win in a Changing Market (and How AI Is Helping Us Get There) with Matt Durbin
Listings are sitting for 30 days. Two price reductions later, there still aren't any showings. In Matt Durbin's Pittsburgh market, days on market are at 54, and there are 60% more sellers than buyers. If a home is in great condition, in a desirable area, and priced right, it still sells. If it isn't, it's crickets. Matt calls it a throwback to 2018, except there are even fewer buyers this time.In this episode of Expert Mentors Live, John Kitchens sits down with Matt Durbin, who leads the #1 eXp Realty team in Pennsylvania, to talk about how to win as the market flattens and AI changes what's possible. John shares a forecast that the next 12 to 15 months could bring the fewest home sales NAR has reported in decades. Matt's view is more of a flattening than a fall-off, but he is clear that sold comps are no longer for pricing support. What matters now is the active competition.Until 30 or 60 days ago, Matt says, he was using AI like Google. Now a price-per-square-foot analysis that used to take three hours takes a minute. He has Grok Bot pulling a 6:00 AM dashboard of five follow-up metrics across 29 agent databases, triggering listing marketing the moment a home goes live, and building Monday seller reports so sellers can see the work behind the scenes. The human conversations still matter. AI, he says, should take the other 80% off your plate.John and Matt also talk about why "start high and chase the market down" is some of the worst advice a seller can get right now, why expired listings are back in play, and the question Matt would ask first: if you had five employees working for free for the next 30 days, what would you have them work on? Because somebody is going to keep closing homes. The last five years' tactics may not be what works for the next three.Key Topics Covered* Pittsburgh's flattening market: 54 days on market and 60% more sellers than buyers* Why sold comps are for appraisal support, not pricing support* Setting expectations with sellers, and why expired listings are in play again* Controlling the narrative instead of letting the headlines do it* Using AI so market analysis takes a minute, not three hours* Grok Bot for follow-up metrics, listing marketing, and Monday seller reports* The five-employees-for-30-days question, and finding where the opportunity is now* Staying human: let AI take the other 80% so you can have the conversations that close“Somebody's gonna continue to close homes, and maybe the things that I've been doing over the last five years aren't gonna be the things that work over the next three years.” – Matt DurbinIf you know you need AI in your business but don't know where to start, this one's for you.Connect With UsBook your Clarity call now at 7figurecall.comDownload the AI & Leverage Toolkit now and uncover your biggest leverage opportunities at audit.7FigureBP.comInstagram, LinkedIn, and Facebook: @johnkitchenscoach This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit johnkitchenscoachpodcast.substack.com