Quick question: Have you put your sphere of influence to work? If not, you’re missing a huge opportunity.
Think of your sphere as a massive sales army. Maybe you have 100 people, maybe 200, maybe 500. But are you actually putting them to work?
That means programming their reticular activator—the brain’s pattern recognition system—to look for real estate opportunities. We all have it, and you can tap into it. I’ll give you two simple techniques.
First technique:
When you’re talking to someone this week, try this script:
“Here’s a crazy stat that might blow your mind—within the next two weeks, you’re going to hear of someone who wants to buy or sell real estate. You might not think so because you’re not tuned in to it, but just watch. And when you do, think of me. If you can, I’d love for you to send me that referral.”
What happens? Almost inevitably, they’ll hear about someone buying or selling a house within the next couple of weeks.
For the second strategy, say this:
“As we he...
As a real estate agent, one of the challenges you face is creating engaging social media posts that spark genuine conversations with others.
I want to share a strategy that’s simple but highly effective. I call it the “This or That” strategy.
This strategy works because people love to give their opinion. When someone asks for our opinion, we feel valued—it’s an ego boost. And the same happens when you ask your audience.
Here’s how it works: Say you’re taking a new listing and had professional photography done. You’ve got four options for the lead photo. Post them on social media and ask, Which one should I use—A, B, C, or D?
People love that.
Another example: if you’ve virtually staged a room, show two different versions and ask, “Which do you prefer? This or that.”
It’s simple, but it drives high engagement.
You can also personalize this strategy. Send it as a text to your top 25 clients or include it in an email blast. There are many ways to use it.
Here’s the psychology behi...
If you're a real estate broker, I want you to do something the next time you're in a grocery store. Look at the shelves and notice how many products say new and improved.
Now apply that to your own real estate company. Ask yourself: What about my company, what I'm offering to agents in this market, is new and improved?
If you can’t think of anything, neither can your current agents—and certainly no one outside your company can either. But this is the secret sauce.
We often think recruiting is all about commission splits. It’s not. If the lowest split was all that mattered, then the operator with the lowest split in your market would have every agent working for them—and we know that’s not true.
So what is attracting agents to join one company over another? It’s the tools, the technology, the services, the support, and most importantly—which company they believe can help them close more transactions at the end of the day.
Here’s the challenge: What can you roll out every quarter th...
If we went through your SOI—your sphere of influence—I bet we’d find several people active on LinkedIn.
First question: are you on LinkedIn, and are you active there? You should be. But let’s set that aside and talk about what you can do on LinkedIn to really make an impact.
One of the easiest things you can do—something that takes just 10–15 minutes a week—is endorse a couple of people’s skills. LinkedIn makes this simple. You can say, “They’re great at marketing,” “They’re a strong presenter,” or “They provide excellent service.”
Whatever you truly believe they’re good at, endorse them.
Once you’ve endorsed their skills, let them know. Send a quick text or LinkedIn message:
“Hey, I took a minute today to endorse a couple of your skills. I’m doing this for a few friends. Just wanted to let you know. Hope you’re having a great day!”
That’s it. No ask. No expectation. Just a feel-good connection and a little gift they weren’t expecting. You’re being the Go-Giver, leading with valu...
People often ask me, “Jim, what’s the secret to recruiting?”
Here it is: spend one hour a day recruiting—just like your agents are expected to spend one hour a day lead generating. We tell agents to prospect daily; as a brokerage owner or team leader, you need to do the same thing with recruiting.
I call this the “Five by Five” system. It’s a proven strategy we use in our company and with our brokerage coaching students across the country to drive performance and success.
Here’s how it works. Within that one hour of recruiting, you commit to:
If you hold yourself to that standard, you’ll start unlocking new opportunities.
The next question is: what do you say? What should you be texting, saying on calls, writing in notes, or posting on social media?
The key is natural, authentic conversations that resonate. Great recruiting isn’t about pushing for an appointment eve...
Virtual showings. Let’s talk about them:
First, what is a virtual showing? When the National Association of REALTORS surveys buyers, they ask: “How many homes did you look at before purchasing? How many weeks did it take?”
For years, the average has been about 8 to 10 properties over 8 to 10 weeks.
What’s interesting is that of those 8 to 10 properties, about half are now virtual showings. Buyers perceive they’ve “seen” the home just by taking a virtual tour online. That’s a big generational shift. Roughly half of showings today are in-person, and half are virtual.
We need to explain this to sellers—and we need to offer it as a service to buyers.
Here’s what I recommend. When you meet with buyers, include this in your presentation:
“I offer virtual showings. That can mean one of two things. First, many listings already have a virtual tour option—like Matterport—where you can walk through the house online. Second, if you’re really interested in a home but can’t make the schedule w...
We’ve all heard of a listing presentation and a buyer presentation. Hopefully, you’re already doing those. But let me give you another spin on that—what I call a success portfolio.
Think about when you hire a photographer, architect, or wedding planner. They always have a portfolio to show their previous work. A photographer might showcase wedding or graduation photos. A wedding planner highlights past events. An architect shows their plans and finished projects.
Why not do the same thing as a REALTOR? Every year, go back 12 months and highlight your successes. Showcase the buyers and sellers you worked with, the marketing strategies you used, and the testimonials you received.
For example:
That beco...
Hey guys, is there one giant national real estate market? The answer is no. Real estate, like politics, is all local. One market is going to be different from the next, and what drives conditions in every market across the country is supply and demand.
Supply and demand determine what sellers can ask for a home and what buyers can ask from sellers. This is true in every market in America.
If we broke the national market down, we could look at it in four distinct regions, as often done by NAR: the South, the West, the Midwest, and the Northeast. These markets are wildly different.
I live in the West, where there are currently more sellers than buyers. Sellers here are feeling the pressure—reducing prices, offering concessions, and being more aggressive to attract buyers.
In the Midwest and Northeast, it’s the opposite. There are more buyers than sellers, giving sellers pricing power. Agents in those regions might say, “What are you talking about? It’s completely different here.”
He...
Brokerage owners and team leaders — I have a question for you: What problem are you solving for agents?
If you're not solving a problem for them, there's no reason for them to come work for you.
The number one problem you can solve is helping them unlock the door to more transactions. Most agents are struggling here, so giving them a roadmap, tools, strategies, and techniques to close more deals should be your top priority.
But there are other problems we often overlook. Maybe they’re struggling with time management, technology, client management, building out a CRM, or having a reliable way to evaluate potential listings.
Agents have many challenges, and if we’re not addressing them, we’re giving them no reason to join our company.
All great businesses — especially industry disruptors — solve problems.
Think about the great companies you do business with today. They’ve solved a problem.
You need to be the problem solver.
Take a moment to reflect on your market. What are four o...
Hey, brokerage owners and team leaders. I’m going to do a quick role play with you right now.
Let’s pretend you’re an agent who just had a failed transaction with one of my agents. I’m going to call you—not text you, but call—and say:
"Hey Jim, I just wanted to reach out. I know you had a transaction with Bob that didn’t come together this morning. I got the bad news, but Bob told me you were an absolute pro throughout the process. This has nothing to do with you or your client—sometimes things just happen. I just wanted to say thank you for your professionalism. We look forward to working with you again in the future. And if there’s ever anything I can do to help, I’m here."
Now, imagine making that kind of call after every failed transaction where the other agent handled things well. What do you think is going to happen on the other end of the call?
Do you think that agent will appreciate it? Absolutely. No other broker is making that kind of call.
What you’re doing is laying a ...
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