I've got a question for you as an office leader or team leader:
Do you have a recruiting website?
Most of the people I coach—office leaders and team leaders across the country—don’t. It's just not something they've thought about.
But having a recruiting website is important.
When someone starts to consider joining your company, they’ll do a little Google search. They’ll check out your website. They’ll look to see if it looks professional, if it feels like a good fit, and if it reflects who they are.
Now, if you also have a recruiting website—or at least a dedicated recruiting page—they can dive into the value your company offers without needing to talk to you just yet.
That’s powerful. A lot of agents are nervous about making that first contact. They don’t want to jump on a call right away. You can make it easier by creating a recruiting page on your website—or even a separate website entirely—dedicated to recruiting.
The most important part of that page?
Outlining your entire ...
I want to give you a strategy to start using every day in your office.
As you're walking through the halls and having conversations with your agents, follow those conversations up by asking, "How’s your pipeline?"
You’re communicating to your team that you care about their performance and want to help them reach the next level in their business.
By asking those magic words—"How’s your pipeline?"—you’re going to unlock a lot of meaningful conversations.
People will say things like:
You’re going to hear a lot of that. And that’s exactly what you want.
Don’t avoid those conversations… go straight at them.
Because if you’re not having that talk, someone else is... and that someone is likely trying to recruit your agents by offering them a solution.
You are going to be that solution.
When an agent shares a challe...
When you're sitting with a seller for the first time, I like to have what I call the “Red Flag Conversation.”
I'll say, “Hey Mr. and Mrs. Seller, one of two things is going to happen now that we've listed the property: either we’re going to get showings—or we won’t. That alone gives us valuable insight. If we put your house on the market tomorrow like we're planning, and we get a surge of activity, that tells us something important.
“It means that the backlog of buyers—hundreds of buyers waiting for the next listing—have turned and looked at your property. If they like what they see online—the photos, the condition, the price—they’ll come see it in person. So if we see a surge of interest, a spike in calls and showings, that’s a signal we’ve nailed the price and did our job right.
“But the opposite can happen too. If we don’t get much activity in the first week or two, that’s a red flag. It’s the market telling us we probably missed the mark on pricing.
“There’s also a third scenar...
Is it a buyer's market or a seller's market in real estate today?
If we look at the nation as a whole, we have about four and a half months of inventory. What does that mean? It means if every REALTOR stopped taking listings tomorrow, it would take about four and a half months to sell off the current inventory at the current sales pace.
Is that healthy? Is that where we want to be? Generally, a balanced market has about six months of inventory. So being slightly under that means sellers still have a bit more power overall. When a seller prices their home correctly and it's in good condition, they can still get plenty of showings and, in some cases, multiple offers — even in today's market.
This is also why home prices continue to rise, despite higher-than-normal interest rates and an economy that appears to be nearing a recession.
The limited supply keeps pushing prices up.
However, it's crucial to understand that real estate isn't just one giant national market. Real estate, like...
In my second year as a real estate agent, I took 150 listings. Managing that as a young 20-year-old was a lot, but I knew early on that I needed to systemize my business. That's when I implemented something I called the "auto price reduction."
When I met with a seller, I'd say something like:
====
"Hey, Mr. and Mrs. Seller, as part of my communication strategy, I like to do something a bit outside the box. Every two weeks, you'll receive a message from my team—back then it was a letter, but today it would be an email—asking if you want to consider adjusting your home's price if it hasn't sold yet.
I don't want you to be offended by it. If you're not interested in a price reduction, just disregard it. If you want to think about it, set it aside. But if you're open to having a deeper conversation about possibly adjusting the price, we can discuss it. It's simply a prompt to keep the conversation going every two weeks.
The reality is, the longer a home sits on the market, the harder ...
Have you ever had a seller who wants to overprice their property? Almost all sellers, right? It's pretty much universal. So, what's a conversation we can have with sellers to help them price their home correctly?
One approach I like is called the "One Bite at the Apple" conversation.
Here's how it goes:
"Hey Mr./Mrs. Seller, I totally understand that you want to get top dollar for your home. But the market has shifted a bit, especially when it comes to marketing homes. Over the past five to ten years, mobile and internet searches have become the dominant way buyers find homes. Most buyers—99%—are signed up on a portal to receive new listing updates.
So, here's what that means: when we list your home, within 24 hours, essentially every buyer in the market is going to see it. They'll all get the listing in their inbox around the same time and make a snap decision: is it priced right or overpriced? Do I want to go see it?
This is why most homes that sell do so within the first five t...
Here's an amazing number you should share with everyone in your sphere of influence:
The average American homeowner now has $298,000 in equity, a record high!
This presents a fantastic opportunity to update your clients on their equity growth over the past year. We should do this every year with our clients, and if you haven't done it yet, make a point of doing it now.
Consider shooting a quick video and saying:
====
"Hey, good news! Across the country, the average homeowner now has $298,000 in equity. If you're curious about your equity position, I'd love to do a PAYER report for you.
What's a PAYER report? It stands for Personalized Equity Analysis Report. It provides a quick update on your home equity and where you stand. If you're thinking about selling, I'd love to help you. Or, if you're considering investing in more real estate and building even more equity, I'm happy to assist you there as well. At the very least, get a copy of that free PAYER report.”
====
That's the s...
A question you should ask every seller when you’re about to list a property is: "Do you have an FHA, USDA, or VA loan?"
These loans are often assumable, making the property highly valuable. If they have an interest rate below 5%, the house can fetch a premium price.
For example, if current interest rates are at 7% and a buyer can assume a 4.5% loan, it's a fantastic opportunity. There are some caveats, though. Be cautious about locking up veterans' benefits, preventing them from using those benefits elsewhere. If the seller is retiring or doesn't plan to own another home, they might be okay with someone assuming their loan.
For USDA and FHA loans, the buyer must qualify. They can't be a deadbeat; they need to qualify for the loan. Most buyers in a position to assume these low-interest loans will be thrilled, and your sellers can get a premium price.
Start asking sellers, "Do you have an FHA, USDA, or VA loan, and would you be okay with it being assumed?" There are many opportunitie...
The NAR settlement, which will happen in mid-July (but you’ll start seeing this already): You're going to see a rise of unrepresented buyers.
These will be buyers knocking on your door as a listing agent and saying they’re unrepresented and that they want to make an offer on your listing.
Are you going to, as the listing agent, treat them the same as if they're represented? Or are you going to treat them differently?
Well, I just saw a top agent that did an internal study with his team and found…
70% of the deals that came from unrepresented buyers in his market failed.
So think about that, and I believe that to be true because they just don't have somebody walking them through the process. When you’re sitting with your seller, you need to have an unrepresented buyer conversation going forward. And here's what that conversation might look like:
=====
“Mr. And Mrs. Seller, there's been some changes with the way that we're selling real estate based on an NAR settlement. You probably...
       Â
Here’s a quick and easy technique when you're talking to investment property owners:
So, you're out there doing lead generation, looking for investment properties like duplexes, triplexes, or RV parks. Often, when you ask owners if they've considered selling, the answer is a flat-out no, right? Happens a lot. But here's the game-changer: ask them why they're holding onto the property.
"Why are you holding onto this property?"
Give them a moment to think, and their response might be about it being a good investment or passing it on to their kids. Respond with understanding, acknowledging the value of holding onto good investments.
Then, drop the bomb: ask if they know their current rate of return.
Offer an income analysis sheet to calculate their cap rate and return on investment.
Now, here's the kicker – if you can beat their current rate of return, would they consider moving their money to something even more profitable? This opens up a real conversation.
Another sa...
50% Complete
Fresh ideas, new scripts, cool tools, and the hottest trends in the real estate industry are coming your way. Have an amazing day!