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Real Estate Training & Coaching School

How To Earn FULL TIME Income Working PART TIME In Real Estate

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 12 March 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206 IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/ 1. Get the Real Estate Treasure Map and follow it!  This is your personalized, fill-in-the-blank business and life plan.  Identify what the goal is for you being in real estate.   Are you working part-time until you can switch to full time or is real estate always going to be supplemental?  What’s the income required for you? How many transactions will it take to get there?   2. Become great at proactive lead generation immediately.  A part-time agent who prospects is more efficient than a full-time agent who doesn’t.  The part-time agent will likely net a higher percentage of their income as well.  *Lead with listings. Just because you're new, newer or part-time doesn't mean you have to be buyer-dependent.  The more listings you have, the more freedom you have! 3. Track your numbers closely, using the White Board system we teach in Premier Coaching. It's the only way you'll know if you're on track, ahead, or behind on your financial goals.  Concentrate heavily on lead generation and turning your leads into appointments.  90% of your time should be spent generating new business.  10% of your time will go to appointments.  4. Choose your broker wisely.  Make a profit on your transactions in more than just one way.  Choose a broker already operating in the 'Metaverse', that has revenue share opportunities and stock awards, as well as the immediate support you need. 5. Get your Pre Listing Package, Buyers Presentation, and Listing Presentation done, learned, and polished as soon as possible.  Earn while you learn! Knowledge equals confidence while ignorance equals fear.  These presentations will give you the confidence you need to succeed. 6. Know what makes you money in real estate.  Lead Generation / Lead Follow-Up / PreQualifying / Presenting / Negotiating / Closing.  Ignore everything else. 7. Use a Transaction Coordinator when you are averaging at least 2 transactions per month for 90 days consecutively.  It’s worth it for you not to be stuck in the weeds when you could be generating new business, presenting, and closing instead. 8. Know agents to refer business to if you get over-scheduled and track those referrals.  Eliminate the feeling of ‘What if what I’m doing works really well…I’m not ready to handle it!', through referring if you have to.  9. Discuss with your spouse and family what it’s going to take and get their support.  Explain to them how your whiteboards work so they can see that your efforts are netting results.  Keep them on your team. 10. Ask for help when you need it.  Part-time agents are welcome in all of our coaching programs.  We have pilots, firefighters, teachers, and even an actual rocket scientist. 11. Don’t listen to anyone who tells you that you can’t do it!  It’s not up to them, it’s up to YOU.  Adopt: ‘If it’s meant to be, it’s up to me!’ mentality and take massive action daily.

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.

0:10.2

This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.

0:18.2

What's really working in today's market, how to generate more leads,

0:21.8

make more money, and have more time for what you love in your life. And now your host, Tim and

0:28.3

Julie Harris. Three, two, one, and we're back. Welcome back to the podcast, Julie Harris. Yes,

0:35.1

thank you very much. It's going to be a great podcast today. You know, I had an interesting discussion with somebody the other day about why there's not a big,

0:41.6

huge drop in the number of agents in real estate. Everyone was anticipating there was going to be

0:46.1

sort of a real estate agent apocalypse. I've heard different people saying different things.

0:50.5

A lot of clickbaity garbage, basically. But the gist of it is year over year, I think you saw

0:55.1

this. The total number of members of National Association of Vultures is down something by like

0:59.7

17,000 agents. And people are wondering why the heck isn't, aren't more agents leaving the business

1:05.4

considering the transaction volume is down and all the normal, you know, things that are happening

1:09.4

as we're in this transitioning market, which by the way, listeners, if you've been listening to us for the last

1:14.4

10 plus years, but specifically the last 24 months, we've been preparing you for this exact

1:18.7

market. But that aside. So why aren't there more agents leaving the business? And the answer

1:22.8

to me very obvious is because a vast majority of agents in the business are part-time.

1:28.4

They have full-time jobs or whatever.

1:30.6

They have other things going on in their lives.

1:32.5

So a lot of folks get their licenses anticipating that they'll need it or maybe an opportunity

1:38.0

pops up or they're going to finally ramp into their dream real estate career, those types

1:42.3

of things.

1:42.6

And those people are not going to leave real estate just because there's fewer sales happening

...

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