I had a friend of mine tell me a strategy recently, and I thought it was a brilliant strategy.
He calls it the “3-1 Strategy” and it's a strategy that all of us can implement starting right now, today.
Here's what it looks like:
Every morning when you get up, quickly review three articles about real estate.
Now, you might use your AI to help you with this, whatever AI tool you're using. But you're looking for three quick articles you can scan through.
What you're looking for is one idea, one concept, one stat that jumps out at you about the real estate market.
It could be nationally. It could be locally.
When you've got that stat, now you've read three articles and you've found one stat.
I'm going to push this out to ten people in my SOI, either through a text, through an email, maybe through a video text, social media, or a strategy like a DM.
Or you could actually be posting and going big on social media with this idea and concept too.
The idea is I'm going to push this out...
Guys, can I tell you a story? If you don’t like it, don’t watch.
My wife and I are shopping for investment properties in different parts of the country. As we’re looking, of course I’m calling REALTORS. How am I finding them? In these markets, I don’t personally know any, so I went to Realtor.com—just like most buyers would.
I searched for agents, looked at their stats, found a few who looked good, and started calling. I wanted to see if they’d answer or call me back.
Well, no one—and I mean no one—answered their phone.
I get that people are busy or in meetings, but I left voicemails and still… nothing. No callbacks. Crazy.
So then I thought, this is what buyers go through. Everyone assumes agents are hungry, but most aren’t.
Then I tried something different. I filled out the Realtor.com lead form as if I were just another lead. Technically, I am a lead—a big one, actually. I could give these agents tons of business because I’m looking to buy multiple investment properties.
Gues...
Quick question for you—since the beginning of the year, how much time have you invested in lead generation? Whether it's with your sphere of influence, open houses, FSBOs, expired listings, absentee owners, or geographic farming, where have you focused your efforts?
To maintain a consistent income without the ups and downs, you should be dedicating at least an hour a day to lead generation. But remember, we don’t do what we don’t schedule. If it’s not on your calendar, it’s unlikely you’ll actually do it. There will always be distractions pulling you away from this essential task.
Let me give you a simple strategy to ramp back up into regular lead generation. Because if you’ve been doing little to none for the past three to six months, jumping straight into an hour a day can feel overwhelming.
The solution? The Plus One Strategy.
It’s simple—just do one of these activities today:
If you really wan...
If you're a brokerage owner or team leader, what's the number one reason someone would join your firm?
Often, when I talk to brokerage leaders, they say it’s all about commissions—that’s the driving factor.
But that’s not true. We need to move away from that outdated thinking.
What really drives agents to join a company or team is the potential to close more transactions.
It’s about transaction count, not commissions.
So, how do you build a company or team that focuses on generating leads and helping agents develop leads on their own? Your goal should be to increase each agent’s transaction count, making them one of the highest-performing in your market area.
Here’s an interesting statistic that might surprise you: 50% of all agents in America closed one deal or less last year.
Even if those agents are getting a high commission on that one deal, it’s not enough to support their families. They’re struggling and barely staying in business. What they need isn’t just a higher commis...
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Let's delve into the concept of "speed to lead" for a moment. Why is it crucial? Well, here are the stats:
Businesses that respond within five minutes or less are a hundred times more likely to connect and convert opportunities.
So when that clock starts ticking, you've got five minutes to respond to emails, texts, or calls. The reality is, generating a lead for a REALTOR today costs about $140 per lead. If you can't get back to them in five minutes, it's like burning $140.
Now, how can you address this lead follow-up issue? I'll share a couple of strategies, and they all revolve around Google.
First, consider your lead routing. Get a Gmail account, and with that, you'll obtain a Google Voice number for free. Google will assign you a phone number that routes to your cell phone. When it rings, you'll instantly know it's related to a lead. This can save you from wondering if it's spam or something important.
Additionally, you can set up a Google ring loop (or tree) where ...
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