Five Adjustments You MUST Make to Guarantee SUCCESS in Any Market | #TomFerryShow

The Tom Ferry Podcast Experience

Tom Ferry

Education, Self-improvement, Business

4.8 • 1.1K Ratings

🗓️ 7 August 2018

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

After 2007, 2008, 2009, many agents fear the “R” word. Yep, recession. But the U.S. real estate market has been trending upward for a long time now. And many economists believe we will experience a recession within the next two years. No one is predicting it will be anything like 2007-2009. But it will require you to shift your mindset and how you do business. That’s what this episode of the #TomFerryShow is all about. Learn more: https://bit.ly/2MkjFYr

Transcript

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0:00.0	Have you seen or felt a change in the marketplace?
0:03.0	Today, I'm talking about the five adjustments you must make
0:06.7	in order to guarantee your success in any market. Welcome to the Tom Ferry Show. Today I want to set you up for success. Let me ask you a question.
0:21.0	If you knew the market was going to make an adjustment in the next 18 to 24 months,
0:27.0	knowing what you know now about your business, about the natural cycles of the real estate industry, what adjustments would you make?
0:35.0	Well, what if I told you over the last five months,
0:38.0	I've been getting that phone call from CEOs of real estate companies
0:41.0	and from top producing agents and brand new real estate agents
0:44.5	that are walking in and saying something just feels strange about the market.
0:49.2	Well if you study the trends as we do right?
0:51.6	KCM, matter of fact, recently put out a report
0:54.2	that said we've experienced six recessions
0:56.3	in the US since the mid-70s, two of which
0:59.8	had a pretty significant impact on housing.
1:03.0	Certainly if we reflect back to 2007-89,
1:06.0	we all can remember that experience.
1:09.0	Now my question for you is, knowing what we know about the market, about real estate, about the cost of money going
1:16.3	up, about inventory in the current situation that it's in, knowing what we know now, what would you do? Well the opening of my summit I'm walking you through 12
1:26.7	today I'm going to share with you five of the most important strategies, mindsets and
1:32.3	tactics I'm recommending to all strategies, mindsets, and tactics.
1:33.7	I'm recommending to all of our coaching members,
1:36.7	not, my friends, in any way, shape, or form,
	...

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