NOT JUST PRODUCT.
ASHLEY: YOU JUMPED THE GUN
THERE.
GOOD THINKING.
EARLIER, WHITE HOUSE COUNCIL OF
ECONOMIC ADVISERS KEVIN HASSETT
TALKED TO US.
LISTEN.
>> GO BACK TO 2016 GDP GROWTH
WAS ONLY 1.6%.
SO TO HAVE ANOTHER 3% QUARTER,
FOURTH QUARTER RIGHT NOW, OUR
MODELS HAVE ABOUT A 3%.
SO WE REALLY ARE IN A SUSTAINED
3% PACE.
I WAS LISTENING TO THE SEGMENT
BEFORE, SURE THERE'S A LOT OF
VOLATILITY IN FINANCIAL MARKETS
BUT THE ECONOMIC DATA CONTINUE
TO EVEN SURPRISE ON THE UPSIDE A
LITTLE BIT.
ASHLEY: TALKING ABOUT GROWTH.
LET'S BRING IN SAMANTHA
DIBIANCHI.
YOU ARE THE REAL ESTATE GURU,
ALSO REALITY TV STAR.
TALK ABOUT HOUSING FIRST AND I
WANT TO HAVE YOU BOTH TALK ABOUT
REALITY TV.
FIRSTLY, HOUSING.
HOUSING HAS STRUGGLED A LITTLE
BIT.
THE NUMBERS HAVE BEEN SOFT.
FROM YOUR PERSPECTIVE, YOU ARE
DOWN IN MIAMI, ARE YOU SELLING
HIGH END REAL ESTATE?
>> HIGH END REAL ESTATE --
ASHLEY: WHAT IS HIGH END?
>> $750,000 AND ABOVE.
SO THE HIGH END --
ASHLEY: THAT GETS YOU A STUDIO
IN MANHATTAN, BY THE WAY.
>> I KNOW.
LET'S TALK ABOUT $500,000, WHAT
YOU GET FOR $500,000 HERE IS
MAYBE A CLOSET.
DOWN IN SOUTH FLORIDA, $500,000
GETS YOU A CONDO WITH WATER
VIEWS.
OR A VERY NICE SINGLE FAMILY
HOME.
SO WHEN PEOPLE SEE THAT, OF
COURSE WE ARE GOING TO SEE AN
INFLUX FROM NEW YORK TO FLORIDA.
WE ALREADY HAVE THE STRONGEST
POPULATION MIGRATION IS BETWEEN
STATES, IS FROM NEW YORK TO
FLORIDA AND I THINK COME NEXT
YEAR, WHEN PEOPLE ARE PAYING
THEIR TAXES, SOUTH FLORIDA IS
GOING TO LOOK A WHOLE LOT
SUNNIER.
ASHLEY: HAVE YOU TALKED TO DAVE
ASMAN WITH A WATER VIEW?
DAVID: I THINK SO OFTEN ABOUT
DOING THAT.
I HAVE A COUPLE OF THESE CLOSETS
IN NEW YORK.
FORTUNATELY I BOUGHT THEM IN THE
LATE '80s, EARLY '90s.
I BOUGHT THEM FOR A SONG.
THEY INCREASED 10, 15 TIMES IN
VALUE.
BUT YOU KNOW, I GOT TO LIVE
HERE.
I GOT TO WORK HERE.
SOME PEOPLE ARE STUCK IN NEW
YORK.
IF I HAD MY DRUTHERS I WOULD BE
IN FLORIDA.
>> LOOK, PEOPLE WHO LIVE IN NEW
YORK, THERE'S PLENTY OF DIE-HARD
NEW YORKERS.
PEOPLE LOVE NEW YORK.
IT DOESN'T MATTER WHAT THEY'RE
PAYING IN TAXES OR PRICES OR
ANYTHING.
THEY LOVE NEW YORK.
DAVID: IT IS AN EXCITING TOWN.
>> RIGHT.
I DON'T THINK THERE'S GOING TO
BE THIS MASS EXODUS FROM NEW
YORK TO FLORIDA BUT YOU WILL
DEFINITELY SEE PEOPLE MOVING
BECAUSE OF THE AFFORDABILITY AND
COST OF LIVING AND JUST OVERALL
QUALITY OF LIFE.
ASHLEY: I WANTED TO GET INTO
SOMETHING WE TALKED ABOUT BEFORE
THE BREAK.
THE RISE OF REAL ESTATE SCAMS.
WHY A FRAUD?
WE MENTIONED ONE COUPLE WHO LOST
$130,000.
SOUNDS AWFUL.
EXPLAIN TO ME WHAT'S GOING ON.
>> YEAH.
IT'S COMPLETELY NUTS.
I HAVE BEEN SEEING THIS ACTUALLY
PRETTY OFTEN WHICH IS SCARY.
PEOPLE ARE GETTING THEIR E-MAILS
HACKED AND THEY ARE SEEING THESE
TRANSACTIONS HAPPENING, THEY ARE
SEEING THAT MONEY NEEDS TO BE
WIRED AND THEY ARE JUST
RESPONDING VIA E-MAIL SAYING
HEY, I'M THE TITLE COMPANY, SEND
A WIRE HERE.
IT'S BEEN HAPPENING LEFT AND
RIGHT.
SO ANY TIME YOU SEE --
ASHLEY: LIKE THE DEPOSIT ON
HOMES?
>> FOR DEPOSITS, FOR THE
CLOSING, WHATEVER IT IS.
ANY TIME YOU GET ANY OF THESE
E-MAILS IT'S SO IMPORTANT TO
CALL THAT SOURCE.
CALL WHOEVER IS STATING THAT
THEY ARE THE PERSON TO RECEIVE
THAT MONEY, BECAUSE IT'S
HAPPENING VERY, VERY, VERY
OFTEN.
IT'S VERY SCARY.
ASHLEY: I FIND IT INTERESTING
YOU'RE UP HERE IN NEW YORK.
DO YOU COME UP HERE TO KIND OF
LOOK FOR CLIENTS WHO MAY BE
HEADING THERE?
YOU DO THE ROUNDS?
HOW DO YOU DO THAT?
>> I'M IN SALES.
YOU GOT TO HUNT FOR YOUR
BUSINESS.
ASHLEY: YOU GET LEADS, COME UP
HERE AND SCHMOOZE THEM, SAY THIS
IS WHAT WE HAVE IN FLORIDA?
>> HOW DO YOU THINK I'M SO
SUCCESSFUL?
THINK I SIT BACK AND WAIT?
THINK IT'S JUST FROM A REALITY
SHOW?
YOU GOT TO GO HUNT.
ASHLEY: THE HIGH VIFK
ASHLEY: THE HIGH VISIBILITY, THE
TELEVISION SHOW HAS GOT TO HELP.
HAVE YOU GOTTEN A LOT OF LEADS
THROUGH THE TV SHOW?
>> MY SHOW, "MILLION DOLLAR
LISTING IN MIAMI" ENDED IN 2014.
IT WAS LIKE A ONE-HIT WONDER.
ASHLEY: THAT'S IT?
YOU ARE STILL GETTING --
>> STILL.
IT'S NUTS.
I STILL GET TONS OF CALLS FROM
PEOPLE.
THE VISIBILITY FACTOR IS
EVERYTHING.
IT DOESN'T HAVE TO BE, I MEAN, I
DON'T HAVE A PRODUCT.
I'M A SERVICE.
ASHLEY: YOU ARE THE PRODUCT.
>> I AM THE PRODUCT.
I HAVE TO MAKE SURE THAT I AM
REPRESENTED IN THE RIGHT WAY.
YOU CAN'T JUST BE -- THERE'S SO
MANY SHOWS OUT THERE AND
EVERYTHING REPRESENTS SOMETHING
DIFFERENTLY.
BUT FOR ME, I'M A BUSINESS.
AND I NEED TO GO ON, I NEED TO
HAVE A GOAL.
I'M GOING ON THE SHOW BECAUSE I
WANT MY BUSINESS TO GROW, I WANT
TO MAKE MORE MONEY.
AS LONG AS YOU HAVE THAT MINDSET
YOU WILL DO VERY, VERY WELL,
WHETHER IT'S A TELEVISION SHOW