“I flush that toilet and mop up that bathroom, and I also make sure that our bank plans are totally fine and we’re super healthy with cash. There’s no job I won’t do.”

The lop-sided state of the house market, in which high demand, booming prices and a low inventory are making it hard for first timers to climb on the property ladder, is not an insurmountable crisis, as far as he is concerned.

“Credit ratings and qualifications of APRs are looked at in terms of purchasing power, or if the seller wants to accept an offer,” he explained.

“We’ve got to bring that back. What we need to do is to figure out a way to stop as many pre-approvals and people getting into Escrow that are ending in denial to then come back and change how a listing agent recommends, or gives directions to the seller on which offer to extend or which one to purchase.  

“That is actually why first-time home buyers are not getting in the running. When I write a pre-approval, it doesn’t matter if it’s 5%, 10% or 50% down. The person who is buying the property is actually very interested in purchasing it. They like it, but they may have the same reasons why they might not move forward with it.