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Real Estate Training & Coaching School

Real Estate Agents (and Brokers) How To Recession Proof Your Business (4)

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, News, Business News, Careers

4.7669 Ratings

🗓️ 3 August 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

Real Estate Agents and Brokers. It's official, the RECESSION is here. How will this affect your real estate business now? What if you knew for sure that everything in your real estate business will be completely different?  How can you recession-proof your business? Knowledge = Confidence and Ignorance = Fear. Get out of fear and into confidence. The market shift has only just begun. Join Tim and Julie Harris's Exclusive PREMIER COACHING 100% FREE:  https://members.timandjulieharris.com 16.  Get your head out of the sand. Don't assume a changing market won't affect you.  Know what's happening in your local market in all price segments. Watch your MLS hot sheet and know what's hot and what's not. Are your Days on the Market going up or down? What zip codes or price ranges are having the most price reductions? Do you see a lot of new listings or are the existing listings just lingering? 17.  Be the leader in your market. Don't wait for your broker or team leader to tell you what to do. Educate your database with regular market updates. Learn how to do video updates.   18.  Upgrade the following skills immediately: -Proactive Lead Generation -Furiously fast lead follow up -Effective and proven Pre Listing Package -Competitive Listing Presentation -Objection Handling -Closing -Negotiating (Lather, Rinse, Repeat!) 19.  Re-evaluate your goals and re-write your plan. A new market requires a new strategy. Get the Real Estate Treasure Map, our Survival Plan, or the 90-Day Massive Action Plan immediately. Reset your mindset and buckle down on what's next. For example, you'll need more contacts, more appointments, more listings, and a schedule that reflects your goals.  Don't downgrade your goals, upgrade your skills! 20.  Get help and don't go through the market shift alone. Our Harris Certified Coaches are ready to educate you, motivate you and get you into action. Be surrounded by like-minded, highly motivated, experienced colleagues who care about your success. Join Tim and Julie Harris's Exclusive PREMIER COACHING 100% FREE:  https://members.timandjulieharris.com 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 LATEST REAL ESTATE NEWS: https://bit.ly/3Obuhs2 EXP REALTY EXPLAINED: Tim and Julie Harris are one of the TOP EXP REALTY Sponsors in the world. Tim and Julie are honored to be your sponsor at eXp Realty.  Text TIM HARRIS directly to be sponsored by Tim and Julie Harris 512-758-0206.  Tim and Julie's 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 WHO ARE TIM AND JULIE HARRIS?: https://bit.ly/3mGOWbU #realestatetraining #joinexprealty #realestateleads #timandjulieharris #realestatesecrets #realtor #realestatemarketupdate #realestatecoaching #negotiationsinrealestate #themodelexplained #exprealty #joinexprealty

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. Welcome back. This is day four of how to protect yourself, how to prepare yourself

0:35.5

for this recession. And this recession is going to be

0:38.8

unlike anything we've ever experienced before in most of our adult lives. For you to have

0:44.4

experienced anything similar to this, you would have had to have been a functioning adult back

0:50.1

in the late 70s to the early 80s, which would put you probably in your 70s. And if you're in your 70s and you're saying the world has no idea what it's about to experience,

1:00.0

you know, you're right because a vast majority of all of humanity has never been in an inflationary time,

1:06.0

especially in our country.

1:07.0

Now, we've experienced deflation before where things drop in price that happened after the

1:11.6

housing bubble burst back, say, from 2007 and 2008, things turned around really radically

1:17.6

when the government decided to reinflate. But now we're experiencing inflation, which is

1:23.5

something that has never been experienced by a vast majority of us where everything gets more and more expensive.

1:29.2

And as we shared with you yesterday, and we're hopefully making you realize that the world

1:34.8

wants you to believe that the sky is falling and it is your job to ignore the world.

1:38.4

That's right.

1:39.4

I mean, there was a headline from CNBC yesterday that we shared with you where in essence

1:43.5

the story headline was

1:44.9

you know real estate doom and gloom that wasn't what it actually said but it was implied it was

1:49.2

implied and then if you read into the article yeah the doom and gloom was are you ready for it

...

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