Podcast

How to Sell Your Home While Avoiding Huge Realtor Fees With Fred Glick and René Pérez Jr. Of Arrivva

Fred Glick, a Broker, Real Estate Realist, and Founder of Arrivva, holds a stellar track record with over $2 billion in residential transactions while grounded in a lifelong passion for real estate. René Pérez Jr. is an adept Broker and Pricing Savant, who specializes in strategic problem-solving and long-term growth. 

Join them in the We Fixed Real Estate podcast by Arrivva, where they share expertise and insights about the dynamic real estate landscape. Arrivva, a leading real estate and mortgage brokerage, caters to buyers, sellers, and mortgagees with love, integrity, and a transparent fee structure. Featured in the Wall Street Journal, Arrivva is transforming the real estate landscape, one happy client at a time.

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Here’s a glimpse of what you’ll learn: 

  • Uncover key economic indicators that could signal a major shift in the real estate market—what’s coming and how you should prepare
  • Explore the challenges of selling a home without an agent
  • Learn why some FSBOs (For Sale By Owner) are struggling to get visibility on major platforms
  • Discover the real difference between traditional brokerages, discount agents, and a full-service, flat-fee model
  • MLS vs. Zillow and Redfin – Are consumers getting the full picture, or are listings being controlled behind the scenes?
  • Uncover the rental market’s biggest problem that no one is talking about

In this episode with Fred Glick and René Pérez Jr.

Selling your home but don’t want those massive agent commissions? Fred Glick and René Pérez Jr. of Arrivva break down the secrets to selling smart—without overpaying for outdated, overpriced services. They reveal why some homeowners struggle to sell without an agent, expose the hidden flaws in traditional real estate models, and show how a full-service, flat-fee approach saves you money.

The team also predicts the next big market shift, dives into the rental market, and exposes industry secrets most brokers won’t tell you. Whether you’re selling or buying, this episode delivers expert insights with a consumer-first approach.

Resources mentioned in this episode

EPISODE TRANSCRIPT

[00:00:00] Fred Glick: When I was the sports editor of my college newspaper back in the mid-seventies, you do the math, kids. I had my usual column for the week. We would write everything by Monday and Monday night and go to the printer, and come out on Wednesday. So we had the whole weekend of sports or whatever.

I did college a little bit. We had our own school teams, football, basketball, all that kind of stuff. And then we did, did a little pro thing. So, I decided one week to do a prediction on football games. It was called Glick Predicts. I mean, it was just, it’s just a stupid name. Glick Predicts. So now, it’s time to bring back Glick Predicts because I haven’t been using it massively.

[00:00:51] Drew Thomas Hendricks: Glick Predicts. I thought it was Glick for -.

Glick Predicts. That’s so much better.

[00:00:57] Fred Glick: Glick Predicts. The prediction. A view of my opinion of what I think is going to happen as a result of something. Anyway, I am declaring today the first day of the recession. It is Friday, February 21st, 2025. And the reason I am doing that is because today, consumer sentiment, sentiment reports came out, and they were lousy.

And guess what? Those things don’t go back to being good right away. That is, and it, that was from 30 days ago, basically, when they started taking those polls. It’s only going to get worse. The more people that are laid off, that’s less money into an economy, more tariffs, more shutdowns, more everything. And just, that’s what, that’s what causes a recession.

So follow two things in the market, forget everything else: price of oil and the 10-year treasury. That’s it. You follow those two things, you understand geopolitics, basically, not details, but you kind of get the whole thing. So the idea with oil is it’s going to be here. It’s going to be around. It’s a commodity.

It’s geopolitical. It is big, big, big, big business. And, you know, it’s going to go up when things are good and go down when things are bad. Basically, that’s what it is. U. S. the 10-year treasury is, I don’t know, about four and a half, 4. 6, whatever it is. And it’s going to start coming down, and that’s going to put pressure on the Fed to have to lower interest rates, but you have the problem with inflation has inflation leveled off? We don’t know it’s probably going to get worse. So you’re going to have inflation and no jobs at the same time, what do they do, raise rates or lower rates? Well, the fact is they don’t need to raise rates and business from happening because this type of inflation is being caused by things outside of businesses control.

So there’s really no, it’s. They got a lower rate. They got to stimulate the economy. So guess what? Six months from now, we’re going to be doing two things: a lot of refinances and actually still a lot of purchases in the Bay Area, especially where people still have jobs and Seattle. People still have jobs.

So it’s just a matter of where people want to live and have jobs. So there you go. There’s my big announcement.

[00:03:41] Drew Thomas Hendricks: That is that. I completely concur, and I can add to that and that our business, my business in marketing and advertising, is a little bit like a canary in the coal mine where we’re on the front lines of seeing what’s happening and all the recent sort of layoffs have already started to affect my business.

We’ve we lost two, two accounts last week that are both nonprofits whose funding was completely removed. They thought they were getting 20 million. They got 2 million, and the people were all laid off, and suddenly the contracts were canceled instantly. So that’s getting a ripple effect on what I’m doing.

It’s a ripple effect on the people that are laid off. And yeah, it’s going to then flow through. But the one good thing about a recession is, well, there’s no good thing about a recession, but the one thing people don’t realize with a recession is that it’s not across the board everyone’s suffering. There’s always somebody that actually does better in a recession. So there is,

[00:04:41] Fred Glick: Yeah, you can just ask AI what business you should be in based on this.

[00:04:50] Drew Thomas Hendricks: Wine does real well in recession

[00:04:53] Fred Glick: Wine. Okay, let’s, let’s go off on a little wine, drink wine in your house. So here’s something to talk about with Drew of this.

So I’ve heard wine sales, alcohol in general, have been going way down because millennials just they don’t drink.

[00:05:11] Drew Thomas Hendricks: 25%. There is a predicting a 25 percent decrease in wine consumption the next year. So, if you’re a wine drinker, it’s going to be great because there’ll be a lot of cheap wine on the market.

If you’re a winery, you’re going to have some issues. And we were up in Los Olivos two weeks ago, and the tasting rooms were empty. I mean, the wine industry’s got a, there’s a reckoning coming.

[00:05:35] René Pérez Jr.: Yeah, but I mean, even with the wineries, right? I’d say that the luxury wine still stays, to a higher price, right?

Because people, I mean, there’s all these companies, and I wonder how they’re doing that use wine as an investment tool, right? We’re like, we just keep the wines and try to see how they appreciate it.

[00:05:57] Fred Glick: So that brings up a question. Let’s talk Sonoma and Napa, all that area. What’s that going to give you values?

Are there going to be wineries that are going to have to go out of business and become something else? Or just somebody, somebody rich just comes in and land banks it all.

[00:06:19] Drew Thomas Hendricks: It’s going to be treasuring estates doing a big land grab and just buying up wineries that are in arrears. That’s, I mean, it’s sadly the, the era of the small family-owned winery is becoming a myth.

[00:06:38] Fred Glick: Yeah. And add that to the fact that all the people who are undocumented working, they’re gone and scared.

[00:06:46] René Pérez Jr.: So, I don’t have, like, the actual,

[00:06:48] Fred Glick: I don’t have stats either, but.

[00:06:50] René Pérez Jr.: But from what I know that there’s actual permits for farm workers to be here legally, so the farm workers, like the whole like ice and like, “Oh, we’re going to get deported.”

Farm workers aren’t really affected because there’s permits for them. So, and again, it is an unconfirmed fact, but I think that that’s policies.

[00:07:11] Fred Glick: No, because why are we seeing all these videos about people who had farms and had nobody working there?

[00:07:18] René Pérez Jr.: Well, I think that’s just because they’re not informed correctly.

And I think it’s,

[00:07:22] Fred Glick: Oh, I see.

[00:07:24] René Pérez Jr.: Yeah, they also don’t want to go through, like, the loops of paying for those visas, but, you know, I think that’s also a room for, like, education, right? It’s the same way how people don’t understand, like, in the real estate side, like, how mortgages work, right? You don’t understand that they have to get a fully underwritten pre-approval, and they don’t understand that they don’t need 20 percent down, but you hear the news. Illegally, legal and…

[00:07:50] Drew Thomas Hendricks: Yeah, yeah, context, baby. My favorite word.

[00:07:54] René Pérez Jr.: But one industry that form farmland will still be booming is the coffee industry. So instead of the wineries, maybe pushing to the coffee.

[00:08:05] Fred Glick: Yeah, coffee prices are going up because there was a drought in Africa.

[00:08:09] Drew Thomas Hendricks: Yep, no, and then the terrorists.

Domestically, we produce coffee in Hawaii. Is there coffee produced on the, in the continental US?

[00:08:18] Fred Glick: I was thinking about that and I, the other day, it’s funny you say that, and I can’t think of anywhere. I’m sure there’s small batches by somebody who does something, but you needed to make it a rabbit. And don’t quote me. You have to be like over 2000 feet elevation, something like that. I forget- I forget what the number is, but it could be certified. And you know, the Arabica is real coffee and everything. It’s not as junk. So,

[00:08:50] René Pérez Jr.: Yeah, I think it’s Hawaii. And then I think the secondary market in North America would be like Mexico and in, in Oaxaca.

[00:08:59] Fred Glick: Oaxaca. But that’s in Mexico, not in the United States though.

[00:09:03] René Pérez Jr.: Yeah. And that’s why I said North America.

[00:09:05] Fred Glick: Yeah. Oaxaca is like almost a mile high.

[00:09:09] Drew Thomas Hendricks: Oh, Oaxaca. Yeah. Planes of Oaxaca. Well, here’s a good chance to mention Costa Rica. Great coffee producer.

[00:09:19] Fred Glick: Oh, yeah. Delicious.

[00:09:21] Drew Thomas Hendricks: And there’s properties for sale there. If you know where to find it, go to arrivva.com/Costa-Rica.

[00:09:26] Fred Glick: Yeah, it’s Costa-Rica

[00:09:28] Drew Thomas Hendricks: Oh. Costa-Rica.

[00:09:30] Fred Glick: Can you please change that?

[00:09:31] Drew Thomas Hendricks: Arrivva.com/Costa-Rica, Costa dash Rica. We’ll spell it correctly. But with or without the dash, it’ll work.

[00:09:39] Fred Glick: Okay. Thank you.

[00:09:41] Drew Thomas Hendricks: Coffee, got wine, got recession, got

[00:09:45] Fred Glick: Let’s get to what we do.

[00:09:47] Drew Thomas Hendricks: Let’s talk about Colorado and the sale by owners.

[00:09:53] Fred Glick: Yeah, so this is very cool. So there’s a guy who made a TikTok. His name is Realtors Hate Me. So that’s that’s the greatest traction. He’s a smart guy. He’s personable.

He’s got a very nice house in Boulder, Colorado. You know, he’s a dude. He gets it. He understands what to do, how to market a house, probably marketing. He never said what he does. So he’s not your average person, but he’s also trying to prove a point. Point that obviously we knew from being in the industry is the game that’s being played to make you not be able to sell your own house.

And he’s complaining basically about Zillow. And the fact is Zillow shows you listings, but you have to push a button for the, for sale by owners. And he barely gets any hits because of it. We know about this from the lawsuit that REX had with them, REX, that they, they weren’t on the MLS. That was their whole model.

And I think they plan to either make money by making it successful or suing because they’ve solved these problems beforehand. So, he’s kind of run into the same problem. The REX thing got against REX in the first round. There’s another round out. But he’s also talking about, you know, being able to get to agents.

So he’s buying a list of agencies nailing something out. He’s going to pay two percent. He says he gets tons of agents trying to call him to get the listing, others have questions. I mean, there’s still stuff he doesn’t know. Like I told him, “Make sure your buyer is fully underwritten.” He didn’t know that.

He probably, I didn’t check out, he probably didn’t do inspections. So he’s going to have that. The forms in Colorado are actually online. That’s the good thing because the state issues the forms, so it’s really easy there. Try it in California, you can’t get access to the forms, have to be an agent. And me as an agent with my license with them says I can’t give it to you.

I can’t distribute to anybody, I have to use it for my own business. So I don’t, I don’t need the aggravation so I don’t give it up. So there’s the problems in Colorado and California. So, yeah, if you really, really, if you’re in marketing, you really, really know what you’re doing, maybe you hire an agent just to tell you what to do, or for a couple thousand bucks, assist you in doing the small things, but it’s the big things that he doesn’t know about.

Contingencies, mortgage letters, how to negotiate these things, morities, blah, blah, blah, you know, it does come with experience for a real estate agent. You know, and most of them are hopefully trained to get how to do the process.

[00:12:57] René Pérez Jr.: And just, we’re talking about 2 different things though, right?

Because I think that this man who’s listing his house is really knowledgeable or he’s knowledgeable enough to understand that for a 2, 000, 000 dollar property, unless there’s going to be, I mean, unless you can give me a list of what you’re going to do, there’s no real reason for an agent to be making 80, 000 dollars.

[00:13:19] Fred Glick: Oh, without a doubt.

[00:13:20] René Pérez Jr.: His biggest issue is then there’s so much lobbying through realtors in Colorado, where there’s no ability for him to be able to just get part of what it would actually help them from an agent side, right? So there’s no, like, limited service kind of, and I didn’t go as deep into the rabbit hole as you did, Fred.

So, I don’t know exactly what he’s doing or what are the limits in Colorado for this. But apparently, from what he was saying is there’s no way for limited services for the consumer real estate, you have to be full service or nothing at all to be for sale by owner, which

[00:14:03] Fred Glick: Interesting. Well, to people in Colorado, would you want a, you know, a small service just to kind of get you over the hump in Colorado? We could open that kind of business.

[00:14:17] René Pérez Jr.: I think the reason for that too is, so here’s what happens. So when there’s like a limited sort of service is then the consumer just gets screwed over because sometimes when people want to save too much money, they go through these flat fee services that, that they don’t do any of the disclosures for you.

All they do is post, put you on the MLS, and I have a listing that I’ll better share with the channel here. It’s a listing in Los Angeles with an agent that posted pictures with their phone and not just that, with the tenants or owners in the background.

[00:14:57] Drew Thomas Hendricks: You get the tenants too?

[00:14:58] René Pérez Jr.: What kind of garbage is that? Right? So, when there’s a limited service option for that, and the consumer is not given a level of work, it’s going to hurt the actual price. Right? It has to be separated by the fact of if you’re going to charge less, you have to still keep the service top of the line to not affect the consumer negatively.

[00:15:24] Fred Glick: 100 percent.

[00:15:26] René Pérez Jr.: We have a new, a new client that joined us either this week or last week, one of their questions was, “Oh, well, do you think that because you guys do a different model of real estate, it affects your transactions and people don’t want to work with you?

And the answer to that is we’re actually under contract right now in a property in Mountain View. And before we got under contract, I spoke to the agent. So, yes, we do talk to the agents, just for those who are wondering if we are full-service or not. And the agent calls me, and they’re like, “Hey. I’ve never worked with you. So I kind of want to know, you know, what your model is because I just came out of our big brokerage meeting.” So this is like, internally brokerages have like a weekly meeting with, you know, agencies from all over the state or the country or whatever your brokerage is. And they said that there’s like a surge in brokerages who are just sending offers without the agents ever seen the home with even not even being licensed. And these are like offers that look like scams. Right? The problem is not that there’s a flat fee agency, it’s not a discount agency. It’s an industry problem where there’s a lot of brokerages who, they are fearful of losing deals. So they just send offers that are going to never get under contract, right? And this happens usually when you have investors. When working with investors, investors sometimes want to write offers that are like, for example, 500k below list. Right?

[00:17:10] Fred Glick: Stupid.

[00:17:11] René Pérez Jr.: Yes. And with terms that sellers would never accept.

So what does that when, when an agent sends that type of offer, what does that say about you as a, as a professional? It says that you don’t know what you’re doing. So then you have the, you then you’re not building up your name. Your brand is, “These guys don’t know what they’re doing.” So the difference with us is that when we speak with the agents, they know that we are a brokerage that has been in existence for a long time.

You can see Fred’s hairs. One thing that was mentioned in the, the call with this agent for the property that we’re under contract right now is that, “Oh yeah, I see that you’re licensed for a long time. And I see that you have a lot of transactions.” And that’s the difference, right? When people work with us, you know that you’re working with two real estate brokers, not real estate salespeople that just got their license.

And when, when we pick up the phone, we’re able to vouch for you and say, “We are working with good, excellent buyers that are fully underwritten that are cash buyers that are not going to flake.”

And we can see it by the fact that we do 100 million in transactions year over year for a long period of time. It’s not that we’ve, we’ve done 100 million in like the last 20 years, which is what all these brokerages do. A lot of agents have on their bios or whatever. “Oh, I do 100 million,” or whatever they do, but it’s with a team of like 15 or 20 people. I mean, for us, Fred and I are in every transaction and we’re there to guide you through the entire process, right?

So, so there is a difference between like a, a discounted service. That’s my whole point, right? Of, or a more consumer-friendly approach that’s still full service. So that’s the hard part of knowing, like, what are you getting? What are you losing out from every, who you’re working with? And with us, you’re getting the full service, and that’s a difference.

[00:19:13] Drew Thomas Hendricks: How do you mention the fact that you, it’s all the transactions you’ve done. Someone gave me a pretty good compliment the other day. Well, they gave you guys a compliment. I just took credit for it, but the, the arrivva.com/properties, where there’s a lot of compasses out there showing that they just basically spit back the MLS of all the stuff that’s for sale, which sets Arrivva apart.

Is that actually, you show the proof right there? You show the savings. You show what you’ve actually done. So that’s way more important than what’s available because you can go see that on Redfin, but what you’ve actually done is proof. And a lot of these, a lot of you can, a lot of these agents can say a hundred million, but go look at the page, go look at the property page and you’ll see that.

[00:19:57] René Pérez Jr.: Yes. One of the gimmicks that a lot of brokerages do, and it’s also a lead generator, is people often have their, their internal MLS feed, and they’re like, “Oh, look at properties here.” Right? But it’s the same stuff that you find on Redfin and Zillow. And all the, the only reason they’re giving you a personalized link for you is so that they can control you. Right?

And so you know what properties you’re watching. It’s not, they’re not providing any value add on it. Actually, they actually hurts you because the internal compass or the internal, like, brokerage MLS feed is not going to have as good as tools as Zillow. Right? You have to be a joke to think that.

[00:20:37] Fred Glick: So that’s why we tell our clients to go to Zillow or Redfin because they’ll do a better job than any third-party app that I can buy that has the MLS feed because the problem with the MLS feed is you have to go within their parameters. You can’t go outside the box, make control of the data. If they had just an API and we could futz with it, my God, the people who are brilliant in this industry and doing tech would make it on steroids.

But you can’t because the realtors are so stupid. They should sell the API at some stupid price and make it part of Salesforce or things like that. But no, they’re all a bunch of little MLSs run by people who don’t get business they just, you know, have their little clicks, and they have their data, and, you know, they keep adding on these programs for the majority of the agents.

And we never do any of them because they’re of no value to us. We’re beyond that. So they’re, they’re still teaching the fourth graders. You know, it’s like,

[00:21:48] René Pérez Jr.: Well, sometimes in just being in the industry, we get calls from VCs or from investors trying to build a produc,t and it’s usually just a lead magnet.

That’s usually what it is. It’s never to actually help the consumer, have better tools for their home purchasing or home sale. It’s usually like, “Hey, how can we capture the buyer?” Right? So you see a lot of these companies trying to, you know, push the buyer into like one closed system, but that whole system is going to always negatively affect the consumer.

You need to be able to give the consumer the freedom to search Zillow and search Redfin and not put them into a box. Right? Now, it’s going to be the same thing for the most part Redfin and Zillow, but when you go to these smaller kinds of legacy apps, you’re not going to get the full service on that regard. Right? So we don’t push people to just use our stuff.

And one of the things that we always tell people is that we have a non-exclusive contract, right? So it’s being forced into using one thing. It’s just, it’s awful. So

[00:23:00] Fred Glick: There’s the real estate office on the way out of the way to the freeway from my house. These guys are old school. It’s an old shack, and they still have the signs you put up on a board and it says, “Get your local maps here.” Yeah. There’s still people’s grandparents who want to, want to do it that way. They just don’t even have this phone. So yeah, it’s just few and far between. And so their market is dwindling. But they probably do a lot of rentals.

[00:23:31] Drew Thomas Hendricks: That could be it.

[00:23:32] Fred Glick: And so people come in from the rentals and give them a piece of paper and whatever.

I don’t know.

[00:23:38] René Pérez Jr.: And I think rentals. So, and I, I’ve been experiencing on my end as well is that the best part of the U. S. real estate marketing is the fact that we have one place where we get all the available listings, no other country has it as, as well as the U. S. does. Right? So if you sell your property, you can just put it in the marketplace of Zillow, and it will just post to all the other different marketplaces.

Like, in contrast, how is Mexico?

[00:24:08] Drew Thomas Hendricks: You just got back from Mexico.

[00:24:10] René Pérez Jr.: Yeah. So I was in Mexico, right? And if you’re trying to buy a property out there, everyone has like their Facebook group or their WhatsApp group, and it’s just all super localized. Right? There’s there’s no national database. There’s no Zillow in Mexico, which, if you are an entrepreneur, that’s where you want to head over, right?

Build out of

[00:24:29] Fred Glick: Add Costa Rica to it. There’s one, but it’s lousy.

[00:24:33] René Pérez Jr.: Yeah, I mean, everywhere. Yeah. And there are some bigger companies, right? But there’s, there’s no Redfin. There’s no Zillow.

[00:24:39] Drew Thomas Hendricks: How does that work? Do you go, so you’re looking for a house in Oaxaca or any, any place? You yo any different brokerage firms to get the, to get the full view.

[00:24:50] Fred Glick: Well, you go to one, and they kind of know between the other ones what’s available, but the good ones, they aren’t going to tell them about. So you may have to go to 10 agencies. It’s crazy.

[00:25:01] Drew Thomas Hendricks: The concept of a local expert actually still makes sense there.

[00:25:05] Fred Glick: Yeah, without a doubt.

[00:25:07] René Pérez Jr.: Yeah. Yeah, but it’s still so in that regard, it negatively affects the sellers. Right? On having that.

[00:25:16] Fred Glick: Oh, by the way, the commissions there are like 10%. They’re massive.

[00:25:22] René Pérez Jr.: But it’s because it’s a broken system. Right? So what you want to do is you want to have this, like, center, centralized system where you can see everything that’s available. But my point for this was that now in the rental space, there isn’t really this type of service.

There was some huge layoffs from Redfin. I think last week, and it’s because they are partnering, partnering up with Zillow to do rentals. So it’s going to get a little bit better. But even in that regard, like, if I want to find out how much the rent, how much the place next to me was rented for, there’s no real way for me to find that out.

Where in real estate sales, I can find out if public records what that place was sold for. So there is a lack of assistance for the, for the lower income consumer, right?

[00:26:16] Fred Glick: The only way to get the results of what rents are from non, you know, big companies that have this data available from non powers, literally to pay the renters to send them a copy of their lease.

[00:26:34] Drew Thomas Hendricks: Mm.

[00:26:35] Fred Glick: You know, we’ll pay you $20 for a copy of your lease, make it on the phone in the app, and here’s your $20 voucher.

[00:26:43] Drew Thomas Hendricks: And then a lot of rent’s negotiable too. So the people might not be wanting to display the fact that they negotiated down a cheaper rent than the

[00:26:51] Fred Glick: Yeah. Who knows? It’s just something you’ll just never get.

It’s just, you know, I mean, we send out census workers every 10 years. I wonder if they ask what the rent is then. I don’t know, but that’s about the only way you’re going to find a representative sample to be able to collaborate and find out what’s real.

[00:27:12] René Pérez Jr.: But again, renters are hurt the most, and I added by the fact that you can’t be represented.

There’s no incentive for a good real estate agent or broker to represent you on rentals. It’s just too expensive, right? If you’re renting a place for 2 grand and you have to pay an agent a month’s rent. It just doesn’t become financial. So you have renters who are overpaying for their rentals, too, because they don’t know any better.

[00:27:41] Drew Thomas Hendricks: It’s a tough world for renters out there. So that’s why you eventually want to become a home buyer because you have the public records on your side. At least you’re able to kind of sort of make money eventually, appreciation. That’s another reason why you should buy and not be a lifelong renter. Wise advice. So, let’s see is we’re February 24th. Fred is already, February. 21st. Fred is predicted, predicted the recession starting. René, do you have any predictions going into this month of March?

[00:28:14] René Pérez Jr.: I’d say that my best prediction was back in 2022 or end of 2021st. And I said that interest rates are going to go to close to 8%.

I think a few people. I think Fred was like, “You’re dumb. It’s never going to happen.” And that pretty much did happen. I think that what we are going to see is a lot of the high-end ticket items to become cheaper, but that’s about it. I think that it’s going to be a recession for the tech workers than be for white collar, but I think that there’s going to, I mean, there’s a lot of, a lot of jobs that, I have a lot of people who are union workers who are being told, like, “Hey, can you work 7 days a week?” So, if you are blue collar, if you’re on the ground, you’re going to be making money.

[00:29:09] Drew Thomas Hendricks: The only way they’re coming down is people stop buying them.

And we know in the wine industry, people have stopped buying the luxury wine. So that’s going to come down because people have got to sell it, but people got, are people going to stop buying 21 dollar bistro burgers? Are they going to come down to, is the hamburger going to come back down to 13, 14 dollars again?

[00:29:27] René Pérez Jr.: Yeah, no, we need to see that.

I mean, I think the McDonald’s is a good metric to find out how the economy is doing. And they’re, they’re bringing back the 5-dollar meals, right? They’re bringing back the dollar burger. So

[00:29:39] Drew Thomas Hendricks: Did you ever go to that McCosmos thing from a year ago when we had the live podcast?

[00:29:48] René Pérez Jr.: The line was too big, so I didn’t end up going.

Yeah. But what I did do is for the Super Bowl, the day after the Super Bowl, there was a, a free hangover burger at Carl’s Jr. So the day after the Super Bowl, I ate a burger for breakfast, a burger for lunch, and a burger for dinner. Beautiful day.

[00:30:10] Drew Thomas Hendricks: You’re living a dream.

[00:30:12] Fred Glick: I’d be dead. I remember those days, though.

[00:30:16] Drew Thomas Hendricks: Fred’s drinking watermelon and René’s eating four burgers a day.

[00:30:19] René Pérez Jr.: Yeah, you can’t beat, you can’t beat free product.

[00:30:23] Drew Thomas Hendricks: No, you can’t.

[00:30:24] Fred Glick: Oh, yeah, but he used to do to Krispy Kreme. It’s just.

[00:30:28] René Pérez Jr.: Oh, yeah, that. That was just a dream. I didn’t know I was living the dream.

[00:30:33] Drew Thomas Hendricks: Back in the day. I used to knock back 12 easy, easy, crispy.

I couldn’t do it now.

[00:30:38] René Pérez Jr.: Yeah.

[00:30:40] Fred Glick: It’s disgusting. I couldn’t even imagine it. So sugary.

[00:30:43] René Pérez Jr.: I need the last few years of being able to do that. So yeah.

[00:30:48] Fred Glick: All right. I think we’ve annoyed people enough.

[00:30:53] Drew Thomas Hendricks: Well, yep. This has been our latest episode of We Fixed Real Estate and Fred Predicts.

[00:31:00] Fred Glick: Glick Predicts.

[00:31:01] Drew Thomas Hendricks: Glick Predicts. Okay. Now we’re over.

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