Almost every week I have a new agent come to me and say, “Hey, I want to tackle a new area of the market.” Maybe it’s for sale by owner, maybe it’s expired listings, maybe it’s farming— all very valid areas to market to.
But my first question is always, “Let’s talk about your sphere of influence first. Tell me about that.”
A lot of times they’ll say, “Well, I don’t really have a good number on that.” That’s how I know they’re not really dialed in on their sphere. I’ll ask, “How many people are in your sphere?” And they’ll say, “It’s like 100… it’s like 200.”
They can’t tell me a specific number because they’re not actually in control of their business.
So the number one thing we have to do—before we chase rabbits, before we look for other business, before we search for something else—is get our sphere of influence dialed in.
Why? Because 70–80% of your business is going to come from this source. We have no business spending time, resources, money, and energy elsewhere when we have...
Hey guys, I want to give you a really easy equation for your business, and it starts with understanding something very fundamental.
Every single listing you take and every single transaction you create will be the result of a conversation you’ve had in the last two weeks.
Hear that: every single listing and every single transaction you create will be the result of a conversation you’ve had in the last two weeks.
By nature, that means if we have more conversations, we’ll have more closings.
That’s the big challenge for many agents out there. They don’t really put numbers to this.
The path is in the math.
When it comes to sales, we often want to think it’s an art form, but it’s not. It comes down to hard work and actually doing the work necessary.
So let’s put some numbers to this.
In our training and coaching, we’ve found that for every 30 conversations you have, you’ll average one closed sale.
So we can really plug some math in here and say, if I want to close 30 transactions ...
As a brokerage owner or team leader, one thing we often do—and we see agents do this a lot—is run into what’s called “The Einstein Problem.”
The Einstein Problem is this: we’re introduced to a new idea or concept, and we say, “You know what? I’ve heard that before. I’ve tried that before. It didn’t work for me, so I’m not going to do it again.” We stop listening to that idea, concept, tool, technique, or strategy. We say it doesn’t work in our market.
We’ve all heard agents do this, and we’ve done it ourselves. Let’s be honest.
One of the areas we commonly say this about is recruiting.
We’ll say, “I’ve tried recruiting. It doesn’t work in my market. I’ve tried going after top agents. They never come.”
Or, “I’ve tried experienced agent recruiting. I’ve emailed, texted, called, taken them to lunch, and it just doesn’t go anywhere, so I’m going to stop.”
But here’s The Einstein Problem behind that attitude—and this is true for your agents with lead generation as well.
I want you to...
Hey guys, did you know that in the last 12 months there’s been an average 7% increase in homeowners insurance rates? When people are homeowners and paying insurance, premiums on average have gone up 7%. In a lot of markets, it’s probably much higher than that.
When we hear this, we might say, “That doesn’t impact me. I’m a REALTOR. I’m not selling insurance.”
But this is actually an opportunity.
Everyone in our database has homeowners insurance. Why don’t you reach out to our database today and say, “Hey guys, you’ve probably noticed your homeowners insurance rates have gone up. I just want to be a resource for you. I’ve got a great contact—an insurance professional here in town. If you’re looking to shop your rate or get a different quote, I’d love to refer you to them. Just give me a quick call. I’ll make sure they put you at the top of the list and give you exceptional five-star service.”
Now, why don’t you just give them the name of the person to call?
The reason is you want t...
Hey guys, one of the things I always tell people when they’re starting out in the business is to watch what top professionals are doing and model other people’s success. When you do that, you unlock a bunch of “secrets.”
I’m going to share one secret right now that you may not have noticed, but once I say it, you’re going to dial in and think, “Ah, I have noticed that.” It’s one of those Captain Obvious things when you really look at it.
People who are doing a lot of real estate sales—$20, $30, $40, $50 million in production—often talk about new sales, listings, and closings by saying things like, “I just sold my friend a house. I just sold my buddy a house. I just helped my friends buy a duplex.”
Everyone they talk about is their friend.
Then you reflect on your own business and ask, “Why am I not selling as much real estate as they are?” They put their pants on one leg at a time just like me. They’re not working ten times harder than me.
The reason is simple: they have more frie...
Brokerage owners and team leaders, I have a quick quiz for you. How many social media posts have you put out in the last seven days?
I ask this because we’re constantly preaching to our agents about the necessity of being visible with their database. When we’re visible—highly visible—we’re more likely to create transactions. Visibility matters.
In fact, I would argue that visibility is more important than ability.
You can have an agent who’s fantastic at negotiating, marketing, working with clients, and solving problems—and they’re still not closing transactions. At the same time, there’s another agent in your community who’s terrible to work with, a poor negotiator, and yet they’re closing a ton of deals.
What’s the difference? Visibility.
This second agent is everywhere. They show up on every feed—Instagram, Facebook, TikTok, YouTube. They’re highly visible.
Meanwhile, the agent with great ability isn’t closing transactions because no one sees them. Visibility trumps ability. U...
Hey guys, here’s a great message to put out to your SOI, and specifically to buyers who may be on the fence about entering the market.
A new study just came out from HousingWire showing that 40% of listings on the market today have had a price reduction of some kind. That’s higher than the last two years—higher than ’23 and higher than ’24.
That makes this a great time to be a buyer, especially if you’re a bargain shopper.
So what’s the text? You could simply say:
“Hey guys, if you’re out there wanting to find a bargain in today’s market, the time is right. Forty percent of listings on the market today have had a price reduction of some kind. Some sellers are more motivated than others. If you’re ready to start shopping, this may be the best time to shop for your next home.”
And that’s true.
Now is a great time to be a bargain hunter. Put that message out. Shake up some interest. Get people looking at homes.
It’s a great time to be a buyer.
Hope this helps. If you want more ide...
I’ve got a question for brokerage owners and team leaders:
If you could wave a magic wand over your business right now and hire somebody—a staff member—and money was no object, what would that position be? What would that full-time person look like coming in and helping your company?
What would that position be for you?
A lot of people would say, “I’d hire a social media director.”
Some people would say, “I need a marketing person.”
Others would say, “I need a TC,” or “I need an inside sales agent,” or “I need a tech person. I need a technology expert in my company.”
Or you might say, “I need somebody running my Google Ads or my Facebook Ads. I need somebody in that room.”
All of us have different needs, but I want to go deeper with you on this.
I don’t want this to be a dream. I want this to be a reality. And the way we do that is by identifying your hiring trigger.
For all of us, that trigger is going to be dollars flowing through the front door. We need more revenue coming in t...
Hey guys, if you want to have a fantastic phone call with everyone in your database coming into December and January—right at the end of the year and the beginning of the new year—this is what I call the “Real Estate Tune-Up.”
We take our cars in for a tune-up every few thousand miles. We need to do the same thing with our database. The way you do that is by being direct and asking one key question.
Here’s the question.
“Hey, this is Jim. How are you guys doing? I’ve been thinking about you. I’m talking to everyone I know as we head into the new year, just on the business side, and I wanted to ask: is there anything you have on the horizon, real estate-related, for 2026 that I can help you with?”
That’s it. You just put it out there.
“Do you have anything going on in 2026, real estate–related, that I can help you with?”
You’ll be shocked by how many people say, “Actually, yes, we do. We’ve been thinking about something.”
Remember, about 5%—one in 20 people you talk to out in the...
As a real estate professional, I know you’re probably already on Facebook and Instagram. Everybody is.
But are you on LinkedIn? And if you are, are you using it to its fullest potential?
Here’s why I ask: Did you know that one in three business owners is on LinkedIn? One-third of all the businesses in your town are on LinkedIn.
The beauty of LinkedIn is that it helps you flesh out your own database—your CRM, your SOI—because it connects you to people from professions you’ve been in before. If you list past employers and say, “Hey, I’ve worked at these three companies,” LinkedIn will suggest people you might know.
You might look at that and say, “You know what? I do know that person. They’re not in my database, but I do know them.”
Now you can connect with them on LinkedIn, send them a message, get reconnected, and start a conversation. Then move them as quickly as you can into your SOI.
Think about alumni groups or colleges you’ve attended. All of these business-related connectio...
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