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Real Estate Training & Coaching School

How To Recession Proof Your Real Estate Business (Day 3)

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 25 January 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

This is Day 3 of How To Recession Proof Your Real Estate Business. It's also important to diversify your business and have multiple income streams of leads (and revenue), make sure you have a good understanding of your target market, and stay up-to-date with the latest industry trends and technologies. WARNING: 2023 Housing Market QUESTION: Agents, Are You 100% Ready For 2023, Do You Have A Proven Success Plan? If Not, Do This: Join the #1 Award-Winning Real Estate Coaching & Training Program FOR FREE! Yes, This Includes Daily Live Coaching! Join For FREE Now. Reclaim Your Life & Break Free Of Worry. The Path To Success Is One Click Away. JOIN Premier Coaching For FREE Now. https://bit.ly/3aUimkh P.S. Limited Offer. This Is A Personalized, Live Coaching Program. Limited To 250 Agents.  *We will also explain how to systematically approach each source, and recommend resources and discounts for you. LIKE and SUBSCRIBE AND PLEASE LEAVE A COMMENT: https://bit.ly/3NXGxNb FREE REAL ESTATE SALES TRAINING AND COACHING: Enroll NOW, FREE Real Estate Coaching and Training: https://bit.ly/3aUimkh EXP REALTY EXPLAINED: Tim and Julie Harris are one of the TOP EXP REALTY Sponsors in the world. We would love to be your sponsor at eXp Realty. Text TIM HARRIS directly to be sponsored by Tim and Julie Harris 512-758-0206. Our EXP Realty site: https://bit.ly/3NJTPwB * Completing the EXP Realty application now? Name JULIE HARRIS from Georgetown Texas as your sponsor! Watch this video: https://bit.ly/3QjYJCo and here is the application: https://bit.ly/3MKPw35 FOLLOW TIM AND JULIE HARRIS: Nations #1 Daily Real Estate Training Podcast: https://apple.co/3xJgofx YouTube: https://bit.ly/3NXGxNb Facebook: https://bit.ly/3twOBfM Instagram: https://bit.ly/3QjxdVF eXp Realty: https://bit.ly/3NJTPwB HARRIS Real Estate Coaching: https://bit.ly/3tvp0DI Our #1 international best-selling book: https://amzn.to/3tzHymr Free DISC Personality test for Realtors: https://bit.ly/3aUimkh MORE REAL ESTATE TRAINING VIDEOS YOU WILL LOVE: Peter Schiff Interview: https://bit.ly/3aXC1zN EXP Realty Explained: https://bit.ly/3mGBVyV Housing Bubble Popping?: https://bit.ly/3MK62A7 Housing Crash Survival Guide: https://bit.ly/3zxoyZD 5 Must Know Success Rules For This Market: https://bit.ly/3QeSbVv Real Estate Agent New Mortgage Rules: https://bit.ly/3zCjSld FAMOUS REAL ESTATE AGENT INTERVIEWS: 100s of interviews: https://bit.ly/3Qk85he Featuring: Fredrik Eklund: https://bit.ly/3NMDOpE Ryan Serhant: https://bit.ly/39fx6tx Jade Mills: https://bit.ly/3tvZQVC WHO ARE TIM AND JULIE HARRIS?: https://bit.ly/3mGOWbU "Our real estate journey began 30 years ago and we knew early on that we wanted to share our playbook to success. We've had the pleasure of transforming thousands of careers achieving success and financial freedom. We know what it takes and we're looking forward to meeting you so we can jumpstart your growth!" AWARDS: #1 Coaches in the Business by Inman #1 Coaches Agent Magazine 2022 #1 Podcast for Real Estate by FitSmall Business. #1 Residential Real Estate Podcast Motley Fool #1 Best Selling Real Estate Book: 500+ 5 Star Reviews, HARRIS Rules. amzn.to/3tzHymr EXP Realty Top .05% eXp Influencer. Alpha Group EXP Realty Copyright 2022, All Rights Reserved Tim & Julie Harris® Real Estate Coaching exp realty teams brokers exp realty coaching exp explained real estate investing real estate leads real estate market

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. Hello again. We are back and this is part three and we're talking to you this week,

0:35.6

sharing with you ideas and how to recession proof your

0:38.3

business and your personal life. And as always, we sincerely appreciate all the great feedback.

0:43.9

If you're enjoying this podcast or the thousands of other shows that we've done over the past 10

0:49.8

years for you, please remember to give us a five-star review over on iTunes. So we are on day three. Point

0:55.7

number 11, Julie Harris. That's right. Point number 11, stop buying leads and anything speculative.

1:01.7

If you can't track actual closings to it, why are you spending time and money on it? You can't

1:07.9

count on the buoyancy of the market anymore in fear of missing out to keep

1:11.2

your momentum. You must be proactive. If it's meant to be, it's up to me. That's your new mantra.

1:16.8

So what do we mean by, you know, speculative and having to turn that corner? There's so much

1:21.7

packed into that point. And it's difficult to try to explain agents agents the importance of avoiding things that do not have a direct correlation between effort and results.

1:34.0

That's right, meaning an actual closing, an actual commission paid to you, not just an impression or a quote lead, but an actual closing.

1:42.5

That means that a lot of you should be giving yourself permission to curb some of your

1:46.9

branding and some of your things like that you've been doing, hoping that one day over time,

1:51.8

the essentially mountain of branding and marketing you've been doing will somehow elevate you

1:56.7

to the next level. Some of you, most of you, frankly all of you, need to put that on the

2:01.3

back burner and focus on immediate cash flow. That's incredibly important. And I have news for you.

2:06.8

In the process of focusing on your immediate cash flow, whether you're working with a buyer or

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