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Real Estate Training & Coaching School

Need Money NOW? FREE Leads System (NO Referral Fee)

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 16 February 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Real estate agents and brokers... if you could choose where your next listing would come from, wouldn't you always answer, "a repeat or referral client"?  Of course, you would.  Why? They're easier to work with, they already trust you, you're probably not going to compete for their business and they are less likely to throw objections at you! Also, they don't ask you to cut your commission or shoot them a kickback. 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? https://whylibertas.com/harris or text Tim directly 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://members.timandjulieharris.com Today, we discuss how to create a steady flow of leads from this critical source of business? Many surveys have shown that when someone is making a decision about who they will hire to provide a service, they first ask: Whom do I already know?  (87% of the time), if they don't know anyone, they then ask a trusted friend or advisor who THEY know (6% of the time), and only after those two questions are exhausted do they turn to an advertisement or marketing piece.   FREE Meet-Up In Your Area : Please RSVP now for the Tim and Julie Live Meetup near you – a FREE, fun, and casual event to kickstart your 2024 with motivation and focus! Gain invaluable insights, connect with industry leaders, and make 2024 YOUR BEST YEAR EVER. Secure your spot at https://app.getriver.io/tim-and-julie. Don't miss out on inspiration, expertise, and networking opportunities. Let's do this! Your job is to be the answer 93% of the time so you don't have to waste money trying to be the answer 6% of the time! This means perfecting three things immediately: 1.  Have an organized database with names, numbers, email addresses, LinkedIn, Facebook, Instagram and other support information on each person.  You don't need a fancy CRM, use KV Core for example.  CALL each person to update the rest of their profile.  It's a great excuse to make that first (or next) contact! Use your F-O-R-D conversation outline to make these calls fruitful.  (Family/Occupation/Recreation/Dreams) REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, https://alltheleads.com/harris 2.  Speak with all of your contacts regularly.  That means face-to-face, voice-to-voice, 'real' contacts.  A contact is a conversation with a decision-making adult about real estate.  Refer to our coaching and podcasts about the 'FORD' script.  For example, if you have 200 people in your database and you speak with 10 per day on work days, you can actually speak to 100% of your list every single month. What would THAT do to your repeat and referral business?  If 10 is too many, even making 5 contacts per day will have you speaking with 100% of your list every sixty days. 3.  EXPAND your Center of Influence systematically.  10% of the number of people in your database will do business with you or refer business to you every year, assuming you communicate with them.  If your database is 100 people strong, you'll have 10 transactions yearly from them.  200 equals 20 transactions, and so forth.   Remember that in order for this to be a predictable, duplicatable source of business, you must make MORE contact, more frequently to achieve that flow of leads.  Refer to our 12-Month Center of Influence Plan in Premier Coaching to further systematize.

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. We are back. So I have a question for everyone. And I have to tell you ahead of time

0:35.1

that I already know the answer. So do you need money now?

0:38.7

Would you love to know how to get free leads with no referral fees?

0:43.3

I bet you would.

0:44.3

You know, it's interesting as I was writing that title.

0:46.3

So Julie writes the content, I write the titles.

0:49.3

It's so fascinating to me how many of you listening right now have only been in real estate during a era

0:55.5

where it's been so normalized to buy leads especially buyer leads i i feel sorry for you truthfully

1:01.7

that's the only way for me to say it you just think naturally that a referral fee has to be figured

1:06.7

into every single transaction you do it's absolutely not true. The reality of it is is that

1:12.7

referral fees on any kind, look, an agent to agent referral fee, that's one thing. But buying

1:18.2

your business from some of these portals and some of these other companies and paying 40% and

1:22.6

more for a referral fee is truthfully insane. It's a sign of lead generation and competence. And there's

1:29.5

so many easy free ways to generate leads out there that you just, I don't know, look, I'm going to

1:34.7

assume that most of you haven't been exposed to a lot of the things that Julie and I teach in

1:37.7

premier coaching, let alone on this podcast about lead generation. I'm going to give you all a hall pass,

1:42.7

remember those, where you can under where you basically I'm going to say you all a hall pass, remember those, where you can

1:44.9

under where you basically I'm going to say, well, you haven't heard of these things before

...

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