As a real estate agent, you have something in common with every single business owner in your community. Everybody from carpet cleaners, to candy store operators, to toy store owners, to clothing store owners — every one of you has something in common.
Here’s what you have in common: you all want to do more business.
As a small business operator, what you can do is tap into that. What I would suggest to you is you go through your entire sphere of influence today and you take a yellow highlighter out — maybe print it out — and put a highlight next to all the small business owners that you know. You know more than you think.
When you have that highlighter out and you highlight all those folks, the next step is to call them, reach out to them, text them, or stop by their business if it’s convenient and appropriate, and say this:
“Hey, you know what? I want to support a local business every single week, and I’d love to do a collab with you if you’re interested.”
A collab — what’s a co...
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, 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, 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...
Hey guys, new study from Harris Interactive—interesting study—found that every American knows four people who are going to move next year. I want you to put that in perspective.
Let's say you're a real estate professional and you have just a hundred people in your database. You might say that's not enough to make a living. The reality is those hundred people know 400 people who are going to move.
What percentage of those would you need to have a complete transformation in your career? To actually 10x your performance from last year?
So then the question is: if that's true, how do I get my arms around that business? What am I missing? What am I doing wrong?
I'm going to give you two things you're doing wrong...
First one is going to be hard to hear: people don't look at you as referral worthy.
What does that mean? It means when they look at you, they're thinking, “I don't know if I could trust him or her with a referral,” because they don’t know you're a hardworking agent.
Why do...
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...
So what are five reasons why someone should list their home in today's spring market, spring of 2025? I'm going to walk you through these reasons, and you can share them in an email, a newsletter, or your own video to your clients.
First, interest rates have come down from their highs. We're not at the peak anymore. In the past few weeks, rates have started to dip because there's talk of a potential recession. While a recession isn't great for the economy, it can actually benefit real estate by lowering interest rates. Buyers are catching onto this and becoming more active—more loan applications, more market activity.
Second, buyers are still out there. Despite everything happening in the economy, the job market, and beyond, people still want to own homes. Over 90% of American adults want to own a home—they're just trying to find a way to make it happen. Homeownership may have dipped over the years, but that desire to stop renting and start owning is still strong.
Third, inventory i...
Hey guys, right now we have an incredible opportunity to talk to our clients. They’re nervous, frustrated, and anxious. What are they anxious about? They’re worried about the trade war, the stock market, their 401(k)s, their ability to retire on time, and even the possibility of losing their jobs.
There’s a lot of anxiety in the market right now.
You can sit back and hope everything gets better, or you can take action. Your game plan should be to reach out to everyone in your database this week—either with a call or a text. I prefer a call.
You can say, “Hey, I know you’re watching the stock market like I am, and you’re seeing all the turmoil with the trade war. How are you feeling about it? I’ve been talking to a lot of my clients, and some are thinking about diversifying their portfolios by investing in real estate. Real estate is a safe, stable, and secure investment. It went up 5.2% last year, and it has a baseline value. The baseline value is whatever you can rent the property ...
Are you doing live buyer farming right now?
If not, you're missing a huge lead generation opportunity.
So, what is live buyer farming? It’s simple. When you go out to show a home, use the 5-5-10 method: reach out to five homes on either side and 10 homes across the street. Send them a quick text or call saying something like:
"Hey, my name's Jim. I just showed your neighbor's property across the street. They love the neighborhood, but the home didn’t quite check all the boxes. Quick question—would you consider selling for the right price if you didn’t have to list your house and had plenty of time to find your dream home? If you’d consider it, give me a call, email, or text. I’d love to have that conversation."
What's the response rate on this? On average, one out of every 20 people you contact will be open to having that conversation.
This is a winning strategy for lead generation. You’ll start so many conversations that can lead to future opportunities. Even if they say no, here...
Hey guys, have you had a chance to talk to your social and sphere audiences about the importance of flood insurance?
This should be a priority, especially with what's happened with Helene and Milton—it’s on the top of everyone's mind.
Here's something interesting: typical homeowner’s insurance doesn’t cover flooding. Since 1996, 99% of counties in the U.S. have experienced some kind of flooding event. What’s more, 20% of all flood claims come from homes not in traditional flood zones. And just one inch of flooding in your house can cause at least $25,000 in damage.
That’s a huge reason to encourage your clients to get flood insurance.
To help with this, there are a couple of things we can do:
First, partner with a local insurance agent who specializes in flood insurance. We could record a webinar or have them join a live stream to discuss the importance of flood insurance.
Another option is to direct people to the government website, FloodSmart.gov, which has a ton of information...
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