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Podcast #67: Crush a Six Figure Income by Focusing on Referrals and Relocation Featuring Rockstar REALTOR Ali Garced

 

Special Agent turned Real Estate Agent Ali Garced is about to rock your world. Ali became a Top 2% REALTOR her first year being a full time agent. How did she do it? As a 10 year military veteran she focused herself on growing a real estate business from scratch by doing something almost no REALTORS do – which is to completely focus on referrals and relocation. Watch, listen, and learn as Ali lays out a completely new and unique way to grow your real estate business.

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3 Homeowner Secrets Your Buyers Would Love to Know

 

June was Homeownership Month. And as a REALTOR, your job is to emphasize the value of homeownership. It's the product you sell, and you need to let people know that being a homeowner has significant financial advantages.

Here's the first one:

The average homeowner has 40 times the net worth of the average renter.

Why?

The number one reason is that every time you make your monthly mortgage payment, a portion goes towards principal reduction. It's like a forced savings account, building up over time. When you sell the property, you benefit from this accumulation.

Additionally, you have appreciation. Every year, the home's value increases, sometimes more, sometimes less, but over a 30-year mortgage, the property value generally rises.

On top of that, homeowners receive substantial tax benefits that renters don't.

These are three key reasons why someone should consider becoming a homeowner today.

Your job is to provide people with a path to homeownership. The biggest resistance point...

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Why Insurance Rates Have Skyrocketed (And How To Best Protect Your Homeowners)

 

Interesting new data shows that 63% of home buyers who purchased a home after the pandemic believe their home will be impacted by climate change at some level. Realtor.com found that statistically, 44.8% of homes actually will be affected.

Regardless of the numbers, it's clear that climate change is on the minds of our clients.

What matters is that your clients believe it, and insurance companies believe it too. Insurance rates have skyrocketed over the last few years due to environmental impacts like floods, hurricanes, and fires. These natural disasters cause insurers to take losses, leading them to ramp up their rates in anticipation of more such events.

As REALTORS, you can serve your clients by addressing this issue. Say to them:

“You probably have seen your insurance rates going up. Part of the reason for that is environmental impacts across the country. I've got a great insurance agent who can shop your rate and find the best deal for you. Also, if you want, I can give...

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This “100% Script” Overcomes Sellers’ Greediness with Ease

 

It's hard to believe, but sellers are greedy. We all are, right? When we sell our homes, we want the maximum amount we can get.

The problem is that many agents will "buy" a listing, especially in this desperate market. We're finding listings, but many agents are hanging on by their fingernails, willing to do anything to get a listing. That's not how we do business. We need a script that addresses the greedy seller.

Here's a script I'll call the "100% Script." If I'm sitting across the table, I can say…

“You know what? Many people don't realize this, but statistically, in our market, only about 60% of the time do listing agents sell the listing the first time. They list it, put it on the market, do the marketing, but then the home doesn't get an offer or the right offer, and you have to list it with another REALTOR. I don't want to do that with you. I don't want to waste your time or effort. I want to give you a different experience because my goal is to sell 100% of the...

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Real Estate Alert: Price Drops Hit Record Highs! 3 Crucial Stats You Must Know

 

Hey guys, price drops have hit an 18-month high. Here are three stats you need to know:

  1. In May, 6.4% of home sellers dropped their home prices. In the last week of May, home prices actually came down by $3,000.
  2. This is the first time home prices have declined in the last six months.
  3. Homes are also staying on the market longer, now averaging 46 days. We are seeing more stagnation with listings.

When analyzing the market, we consider supply versus demand. We still have very low supply, but demand is decreasing due to high interest rates and record-high home prices. This combination makes affordability tough for many home buyers.

When discussing this with sellers, it's important to explain that a market can have pricing power or pricing pressure. For years, sellers had pricing power due to low supply and high demand. Now, with demand dropping, pricing pressure is entering the market.

The best time for a price adjustment might be surprising—it's at the listing appointment. At...

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Create a Winning Real Estate Success Portfolio: Boost Your Clientele & Close More Deals!

 

What is a success portfolio for a real estate professional?

Well, if you've ever gone to a photographer, architect, or even a wedding planner, you'll often see a book of their work—a portfolio. This showcases what they've done for other clients in the past.

Think about yourself. We often have listing presentations and now even buyer presentations, but do we have a portfolio of past performance?

This portfolio can be the pre-listing kit you've always dreamed of or the pre-buy meeting kit that will really motivate and inspire people to want to work with you.

So what would you put into this success portfolio? Of course, you'll include the properties you've sold and testimonials from other clients. You can also add marketing examples to show what you've done to market properties on social media, with flyers, with postcards, and even in a digital presentation, including video.There's a lot you could include in this presentation to make it really come alive and pop.

Now, imagine you...

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Podcast #66:Building a Seven Figure Real Estate Business with a small team featuring Stephanie Peck!

 

Join this conversation with team leader Stephanie Peck as she outlines how she grew from being a solo agent working primarily by referral to a team leader running a seven-figure business. From her first hire to her current business model, Stephanie breaks down the steps she has taken to ensure she maintains a healthy work life balance while providing raving fan level service to her clients. Learn her unique prospectives on marketing, client acquisition, and how she uses social media to stay highly visible with her sphere of influence.

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11 Things Your Buyer Presentation MUST Have Post NAR Settlement

 

Quick question:

What is in your buyer presentation right now?

With the NAR settlement just around the corner, you need to address what you’re doing about it. One thing you need to do is have your buyer presentation dialed in.

Here are 11 things to include in your buyer presentation post NAR settlement:

1. The Search Process: This can't just be you searching the MLS. Buyers can do that on Zillow or realtor.com. Go further by curating listings, hand-selecting the best fits, and commenting on each one. Be involved in the search process daily.

2. No Stone Unturned: The best listings sometimes don't hit MLS. Look at for-sale-by-owners, expired listings, and network with other REALTORS on coming-soon listings. Canvas neighborhoods to find potential sellers.

3. Research Process: Dive deep into any specific home you're interested in. Check permits, architectural plans, disclosure statements, plat maps, aerial maps, assessed values, and neighborhood trend lines. Interview...

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Podcast #65: The Upstream Referral Model Featuring Pro Insight CEO Justin Stoddart

 

Whether you’re in real estate, lending, insurance, wealth management, banking, tax, or other industries that interact with property owners, Big Tech is driving up your cost of client acquisition. So what’s the solution? Listen as Justin Stoddart CEO of Pro Insight lays out an incredible strategy for going upstream in your business model to tap industry professionals who can provide you with a steady stream of high-quality referrals. This low cost high value strategy can be implemented by all agents regardless of how long you have been in the business. This win/win business model can be a complete game changer for agents looking for a unique way to begin working with more buyers and sellers.

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How to Leverage the “Halo Effect” to Unlock More Buyers, Sellers, and Closings

 

Do you ever judge somebody when you meet them for the first time?

The answer is, we all do. We can't help it. It's human nature. In fact, there's a scientist, Daniel Kahneman, who recently passed away. He was an expert in this field. He pioneered the idea of heuristics, or the ability to quickly make decisions by rapidly processing millions of pieces of data.

Some of us benefit from the "halo effect," which means people make a positive judgment about us based on how we present ourselves. Others don’t benefit from this phenomenon.

So, how do you present yourself?

There's something I like to refer to as the "million dollar—or maybe in today's world, $5 million—standard."

This means if you got a call today from someone asking you to list their $5 million house, would you be ready within 10 minutes to walk out the door and do it? Or would you be struggling, thinking, "Oh my gosh, I'm not ready for this. I have to get a million things put together."

This standard of...

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Fresh ideas, new scripts, cool tools, and the hottest trends in the real estate industry are coming your way. Have an amazing day!