PDX Real Estate EP156: Rebuilding a Real Estate Business in a New Market—with Tucker Merrihew

In 2015, Tucker Merrihew got the idea for The Portland Real
Estate Podcast. And he cohosted the show for seven years.


But in 2022, Tucker left the Pacific Northwest for the sun and
sand of southwest Florida.


What has he been up to since then? How does Naples, Florida,
differ from Tucker’s old stomping grounds in Lake Oswego? What
does it look like to rebuild a real estate business in a new
market?


On this episode of The Portland Real Estate Podcast, your hosts
Joe Fustolo and Steve Nassar catch up with Tucker, discussing how
he rebuilt TTM Development Company after the move and what it’s
like to operate a home building company and hospitality business
in the State of Florida.


Tucker, Steve and Joe consider what the Fed announcement around
rate cuts in 2024 means for the market and predict how the NAR
lawsuit might (or might not) change the landscape of real estate.


Listen in for insight into the recent transition of
ownership in Steve’s company and enjoy a highlight reel of the
high-value guests who appeared on the podcast in 2023!
Key Takeaways

How The Portland Real Estate Podcast has evolved since Tucker
came up with the idea in 2015


The synergy between the podcast and Joe’s Masters in Real Estate
Facebook Group


What inspired Tucker’s move from Oregon to Florida and how Naples
differs from Lake Oswego


The success of Tucker’s hospitality business (and why it’s easier
to operate STRs in Florida)


How Tucker rebuilt his home building business in Florida and
documented the process


How codes requirements and insurance differ in Florida to
accommodate potential hurricanes


Tucker’s experience living through Hurricane Ian and how long it
takes to rebuild afterward


The recent Fed announcement re: rate cuts in 2024 and what that
means for the real estate market


The psychological impact of rising interest rates on the real
estate market


How the transition of ownership in Steve’s company followed its
operating agreement


How the NAR lawsuit is likely to change the landscape of buyer’s
agent compensation in real estate


An overview of the high-value guests we’ve interviewed on the
podcast in 2023


The purpose we serve in uniting the real estate industry through
the podcast and Facebook group
Connect with Tucker

TTM Development Company


The Journey Podcast


Tucker on LinkedIn
Connect with Joe

Soldera Properties


Joe on LinkedIn
Connect with Steve

Steve’s Team at Premiere Property Group


Steve on LinkedIn
Resources

Masters in Real Estate Facebook Group


Sitzer v. NAR


2023 Episodes of the Portland Real Estate Podcast