Free Webinar 'Opening the Door to Recruiting Conversations' Click Here

Warning: Interest Rates Are Rising Soon — Take Advantage of Low Rates While You Can

        

Hey guys, you probably saw that the amount of jobs that were added in August to the economy was actually way lower than expected.

245,000 jobs.

A lot of people attribute that to the rise of the Delta virus and people may be slowing down on hiring. But one thing we can be sure of is that there are a lot of jobs available in America.

There's 10 and a half million jobs available right now. One thing that we're starting to see is unemployment benefits being turned off. Or at least not the incentives added by the federal government. So that might bring more people to work.

But right now we've got to deal with what's here now.

So job wage growth in America so far is up about 4.8%. The challenge is that inflation is also a 5.2%. So it's eating up all those gains. When we look at this in terms of what's going to happen in terms of the real estate market, Lawrence Yun — the chief economist for the International Association of REALTORS — tells us his expectation is that the gove...

Continue Reading...

The 11 Most Important Staging Tweaks To Make To Get Your Sellers Top-Dollar

        

Interesting question:

How much does what someone sees on TV impact their buying patterns or buying behavior?

And that's a question that was asked within the new staging report from the NAR — the National Association of Realtors. And here's what they found:

63% of REALTORS say that when they're out showing homes to buyers, that the buyers requested to view homes that were comparable to those that they had seen on TV.

Further:

Because of that, 35% of REALTORS say that they have patterned their staging around what they see on TV as well. So TV is definitely having an impact in the real world of selling real estate.

So when we look at those numbers, when we dig deeper, here's what's interesting:

When we ask the bigger question, how many REALTORS are actually staging listings at all?

Here's the numbers:

* 31% of REALTORS stage every listing.

* 13% only staged difficult homes

* 8% only stage high priced homes

But most interesting behind all this:

* 42% do not stage, b...

Continue Reading...

6 Surefire Ways To Make Sure You Don’t Lose Listings To Your Competitors

         

The listing market is about to blow up. We've seen all kinds of stats around this. Everybody's looking at the same wave coming towards us. The question is, what are we going to do about it?

We know 77% of homeowners believe now's a good time to sell.

1 in 10 homeowner's plans to list in the next year. And 63% in the next six months.

Here are 5 things you must have to get ready for the super surge of listings that's about ready to break into your market right now:

1. An in-depth marketing plan

Now this is a step-by-step, point-by-point marketing plan that's unique to you. Not just your office, not your company, not your brand, but to you personally that you give to every seller.

If you haven't developed this, we've actually developed one for all of our coaching students, which will blow your mind. But you need to take some time to develop one yourself.

2. Recent testimonials

Have you collected those on an 8.5x11 piece of paper that looks good? And have you collected ...

Continue Reading...

The 9 Point Ultimate Business Strategy For Agents

         

What should you be doing right now?

It's a question I get all the time as a coach.

I'm going to hand to you right my 9 Point Ultimate Business Strategy for every single person that's listening to this.

If you just apply this by 30 days, I want you to email me personally and tell me exactly what happened. Feel free to DM me. I would love to hear how has a blown up your business because I know it will.

Nine points you can implement today in your business. Ready? Write these ideas down.

Here we go:

1. Implement the "5x5x5 Strategy"

This is five calls. Five texts, five cards every day. Okay. That's one strategy we can implement.

2. Networking

Networking is so important and it's one of the most missed opportunities. We should be doing 1-2 networking meetings a week with somebody in our sphere of influence. Where we're connecting human being to human being.

Ideally you want to go higher than that. But 1-2 would be the minimum. This is going to breakfast, dinner, coffee,...

Continue Reading...

We’re Heading Towards A Market Shift — Here’s What You Can Do To Prepare

         

We have two reports that have recently come out that show the market could be in a shift. And what we mean by that is that we've had this huge frenzy, right? But here's a couple of studies that kind of back up the fact that a lot of you in a lot of markets are starting to report.

You're seeing the market not be quite as intense as it's been, not quite the frenzy.

So here's the reports that we have:

The first one shows that the share of consumers who hope to buy a home in the next six months went from 34% a year ago to just 21% this year.

So people are starting to have some definite fatigue and resistance to pricing that's out there.

And related to pricing, which kind of goes right along with that study, is a new study that shows that even though we're still posting double digit gains in most areas, the rate of price growth is beginning to slow.

When we look at this, it's the second time it's happened in 13 months. And again, it's showing that buyers are pulling back a...

Continue Reading...

The Social Media Secret to Becoming The Trusted Agent In Your Market

         

Something super exciting happened in the last month that we haven't seen in the last 15 years:

Home prices on existing homes exceeded home prices for new homes.

Think about what I just said:

Existing home prices exceeded new home construction. So it was actually cheaper to go buy a brand new house nobody had ever lived in than buying an existing home. Absolutely amazing.

Lots of reasons behind that. But one of the reasons is normally when you're buying new construction, you're locking in a price six months earlier. And then they complete the new construction and you move in.

Well, the market has super accelerated in those last 6 months. And guess what's also happened:

Now, if you were to try to pull that off, what's happened with all kinds of lumber, supplies, and even appliances?

Prices have gone up.

So this will probably not be repeated anytime soon because now prices on new construction are beginning to rise again.

But what an interesting anomaly and just anothe...

Continue Reading...

How Storytelling Creates Powerful Positioning On Social Media

        

How are you positioning yourself on social media to have impact?

A lot of us are doing a lot of social media, but is it having impact? Are people remembering you or are they just scrolling past your posts because they're filled with meaningless fluff?

If you want to have impact, here's one technique that'll really help you shine in your marketplace:

Storytelling.

Telling a story about your client's experience and what your clients are going through will help you build a relationship with people that are in your audience. It positions you as the expert, as the authority, as a trusted figure, as an advisor, as a counselor. But it will also help people remember you as a REALTOR.

Why?

Because stories are remembered. Stories create resonance and connections with other people. People love reading about people.

So I'm gonna give you a couple of examples of that:

I've got a couple of my great coaching students that I work with in my company. And one of them did a "Client Vic...

Continue Reading...

Why a Video Bio Virtually Eliminates All of Your Competitors

        

Hey guys, quick question:

Do you have a video bio?

If you don't have a video bio, you could be missing a massive marketing opportunity.

96% of agents are still resisting video. That means that there's a massive opportunity for those agents that are willing to embrace it.

By doing a video bio, imagine that you are a consumer and you're looking at 20 or 30 or 40 or 50 agents on an agent roster. Most of them have the old glamour shot. But you have a video bio. Who's more likely to work with you?

Almost everybody.

Almost everybody's going to click on that video and watch you and give you a shot. They'll give you an "at bat" so you can hit a home run. Instead of just looking at pictures and making a decision, they can actually kind of get to know you a little bit, your personality, your style, and your flair.

And here's what you do in that bio:

You're going to talk about your background, your passion for the market, your passion for real estate, and why you're in this ind...

Continue Reading...

Creating Social Media Buzz Every Time You Get Multiple Offers on a Listing

       

Almost all of us are going to get multiple offers on at least one of our listings this year, probably several of them.

So what are you going to do to market the fact that you brought your sellers multiple offers?

One way you can do this is by modeling my friend Bill up in the Portland, Oregon market.

He received 13 offers on one of his listings! So what he did is he took a picture with him and his seller reviewing all those offers on the table. All 13 offers were spread across the table and labeled. And he took it at an angle where so you couldn't actually read the offers. You could just see them all laid out there with the seller smiling in the background.

And then he put a statement on social media and said:

"Hey, I got great news:

My seller came to me to market this property. Zillow said the home was worth $429k. We listed it at $459k and now we have an accepted offer well above $500,000 for this home."

What is this post doing?

It's showing off that your marketing ...

Continue Reading...
Close

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!