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Real Estate Training & Coaching School

End the Buyer Agent Abuse!

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 23 March 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

Listen to today's show only if you want the cold hard truth about the (near term) challenges facing buyer agents. The simple fact is that being primarily focused on buyers may simply not be a viable business model in this market. Understand, over the next 3-5 years the market may tilt back in favor of buyers. Until then, the downward pressure on buyer agents commissions is real. Add to this the historic INcrease in new agents that is coming now. Most new agents are giving the (very very bad) advice to focus on buyers. That means that not only is their a lack of homes to sell, not only is their a downward commision trend for buyer agents, but now the number of agents competing for buyers is projected to increase in 3-5x. Listen now to learn how to help your buyers WIN the home and stay relevant. Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio, starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:21.2

Real Estate Coaching Radio is the nation's number one daily radio show for realtors

0:25.9

who demand authentic real-time coaching.

0:29.1

Get ready for fluff-free, unfiltered, full-strength honesty about what's truly working

0:34.0

to get you into action, helping others, and making money now in today's

0:38.3

real estate market.

0:39.8

Now to our hosts, Tim and Julie Harris.

0:46.1

3, 2, 1, and we're back, Julie, it is March the 23rd, and we have got a fantastic topic

0:51.8

that's frankly inspired by all the emails and all of our coaches telling us that they have so many agents that are having so many problems on the buyer side of the transaction.

1:03.2

And look, I mean, not to grind you guys or on the buyer's side who haven't learned how to be listing agents yet, but we have been basically begging and pleading and doing everything

1:11.0

in our power for the past forever to try to convince you guys the importance of becoming listing

1:15.3

agents because Julie and I did see the meteor heading for the buyer agent world, right?

1:21.0

We knew it was going to happen.

1:22.4

I think we first started talking about the downward pressure on the, I'm not going to say

1:27.4

legitimacy, but the ability

1:29.3

for agents to just focus on buyers and maintain a good income, we saw downward pressures,

1:34.8

and those downward pressures have actually picked up pace. And look, guys, just to be clear,

1:40.2

this is the natural market reaction to a very hot seller's market that's just getting hotter.

1:46.8

And there is no reason to believe any time in the near future, this trend is not going to continue.

1:52.1

It's just going to get harder and harder for agents that are not knowing how to be listing agents.

1:55.8

So I just wanted you guys to be super clear about that.

1:59.1

And just don't doubt it.

...

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