The buying opportunity renters cannot afford to miss
Oct 13, 2025
The $30,000 Reality Check Your Renters Need to See
Every agent knows the two biggest headaches in today's market:
- Sellers who won't price to reality
- Buyers who won't pull the trigger and take action.
Today, we're going to focus on the buyers.
Specifically, let's talk about your renter clients who are waiting for a "better market" to buy.
You see, they're in a real pickle with this strategy.
It feels safe to wait and see if time gifts them lower rates, better prices, and/or ideal timing to make a move.
But what they don't realize? If the market picks back up (and markets almost always do), they won't get a better deal. They'll get left behind.
Seller credits will vanish. Negotiating power will evaporate. That opportunity to get more than buyers have gotten from sellers in the last 5 years will be gone.
But here's the thing – they don't know this.
And more importantly, hear me when I say this: it's your job to show them.
The Math They're Not Doing π
Let's start with some quick math.
Every time I do these numbers, it blows my mind.
Say you're paying $2,500 a month in rent. $2,500 x 12 months = $30,000 a year in rent!
It never feels that expensive until you run the annual amount.
What might surprise renters even more is at today's rates, that same $2,500 monthly payment could buy them a $350,000 house.
Not in five years. Not when rates drop. Today.
Yet how many of your renter prospects have done this math? How many even know it's possible?
Because while you're thinking "this is obvious," they're thinking "I could never afford to buy."
While you see opportunity, they see obstacles.
While you know about Hometown Heroes and Florida Housing programs that will cover their out of pocket costs, they think they need more money than they have.
The disconnect is staggering – and incredibly expensive.
The Hidden Truth About Today's Market π‘
Here's what we need to help your renter prospects understand: this might be the best buyer's market they'll see for years.
I know that sounds crazy when rates are in the 6s and prices feel high. But follow the logic:
Right now in Florida, homes are selling at 94% of list price on average.
That means a $375,000 listing could realistically sell for $350,000.
Sellers are doing repairs and paying closing costs. Builders are buying down rates and offering upgrades.
There's so much negotiating room.
And this isn't an affordable housing issue.
As I write this, in Jacksonville alone, there are 4,890 active listings under $375,000:
Your area should be similar adjusting for market rents and home prices.
None of them are perfect, but plenty of them will get you started.
And here's the risk if they don't get into the game: when rates drop and buyers flood back into the market, all of this changes.
That 94% sold-to-list ratio? It'll jump back to 98%.
Those seller credits? Gone.
That negotiating power? Evaporated.
The first-time buyers counting on better conditions are about to learn a painful lesson: markets don't get easier when demand increases. They get harder.
3 Steps to Help Renters Take Action π―
So how do you help prospects see what they're missing? Stop assuming and start illustrating.
Step 1: Connect over the struggle. π«Ά
Start with empathy instead of judgement. Chances are good you've been right where they are. Call out the pain points and challenges they face as vividly as possible to show you know how they feel.
Step 2: Destroy the myths. π
βοΈ
Think they need 20% down? Show them Hometown Heroes. Think their credit isn't good enough? Pull examples of recent closings with similar profiles. Think houses are unaffordable? Show them what $350,000 actually buys in your market.
Step 3: Share success stories. π
Finally, show them what's possible by telling the stories of your clients. People need to see success to believe it's possible for them and that you are the right person who can help them achieve it.
Your Mission, Should You Choose to Accept It π
Stop waiting for your prospects to figure this out on their own. They won't.
Stop assuming the math is obvious. It isn't.
Stop thinking they'll take action when they're ready. They're ready now – they've just need your help taking the first steps.
Your job isn't to push people into houses. It's to help them see the house they're already paying for – just not owning.
Pull your rental prospects. Schedule coffee. Draw the math on a napkin. Show them the 4,890 options they didn't know existed. Walk through Hometown Heroes and Florida Housing programs they've never heard of.
Connect the dots they can't connect themselves.
Because every month they wait, they're not just losing $2,500.
They could be losing the opportunity to buy at all.
Go be a difference-maker in your peoples' lives! π
Dr. Alex Stewart
Founder
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