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Real Estate Training & Coaching School

Real Estate Agents: Hidden Source Of Homes For Sale Revealed

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business News, News, Careers, Business

4.4705 Ratings

🗓️ 12 July 2023

⏱️ 35 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? https://whylibertas.com/harris or text Tim directly 512-758-0206 Realtors and Brokers, are you relying solely on that buyer drip you set up for your motivated and qualified clients? Has the drip run dry?  It's time to get more creative, more aggressive, and more profitable with your MLS searches. Today we'll show you how to deploy 5 creative ways to get more from your searches, so you can get those buyers in contract faster. Fact: The longer you take to deliver what your buyers want, the less faith they'll have in you. If you've ever been 'ghosted' by clients you showed homes to, this may have been the reason. Are your buyers being more proactive than you are? Fact: Finding the right house for your buyers in today's market is a bit like a Safari. You're looking for something that's scarce but could be hiding in plain sight. You'll need more tools, and more skills to have a successful hunt! 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/ Yes, keep setting up those buyer drips, but ALSO make sure YOU are actively and creatively mining your MLS, using the following five strategies: 1.   Re-examine your buyer's wants and needs. What's a deal killer and what's a deal-maker and why? If they're adamant about a specific neighborhood, why is that? Is it because they love the walking trail and the clubhouse? There are probably 10 more neighborhoods in their geographic search that ALSO have that profile. EXPAND their search to capture more options! 2.   If your buyers can't or won't compete for scarce inventory, change your strategy. Search for homes that have 30+ days on the market, 60 or 90 days plus as well. You're less likely to have to compete for those, and the sellers are likely to be more motivated to make a deal. 3.   Look for new construction, even if your buyers don't think they will like it, add one, well-selected new home at the end of a search for resale homes just to take their temperature. They may be surprised by how much they like it, considering it's all-new, they get to choose some options and they won't have to deal with repairs! 4.   If you can't find something in the right school district, find out if that district allows out-of-district families to pay tuition. This is becoming more and more prevalent and ranges from $1,000 per year on up. Call the district enrollment advisor and find out! Often the tuition can be made up by the fact that buying out of the district costs less and has lower property taxes. 5.    Look at your own past client and sphere of influence list as your private MLS. Who do you already know who owns a home which meets the criteria of your buyers? Does that homeowner know what the current value of their home is? If they did, what would that do to their plans? Who in your database just got relocated, divorced, or needs to upsize or downsize? Who just had a 3rd kid and needs to buy a 4 bedroom home? Bonus Point: Homework: Take a close look at your buyer clients. Utilize all 5 strategies with each of them, every week until you've found success. Let them know what you're doing to be proactive! 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/

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 are back. Welcome back to the podcast, Julie Harris. Yes, thank you,

0:36.2

Tim. And today we're going to dive into something that I find interesting.

0:40.2

You know, so many agents are working with tons more buyers than they have listings.

0:44.3

In some estimates I've read, there's about 20 buyers for every listing that's on the market.

0:49.7

So here's the question.

0:51.0

Are you relying solely on the buyer drip that you set up in your

0:55.2

MLS for your motivated and qualified clients? Has that drip run dry? It's time to get more creative,

1:01.8

more aggressive, and of course more profitable with your MLS searches. Just putting them on a drip

1:07.1

and waiting for the buyer to tell you what they want to see is not the most efficient way and especially considering that by the time they actually sit down and comb through

1:15.2

all those things in their drip, by the time they actually contact you, it's probably already

1:19.3

sold, probably with multiple offers. Well, let's drill down on something else too. Another fallacy of

1:23.8

the whole dripping besides the fact that sounds gross gross is that you can actually be on

1:29.4

your buyers that you have put in the drip campaign and you can have the fanciest drip campaign with

1:35.0

all kinds of videos and all kinds of little things tracking devices tracking exactly widgets to watch

1:40.5

them on the internet all these sort of you know, James Bond type tools that some of you guys

1:44.6

employ I think are really cool and they kind of are cool. I mean, it's fun to send someone an email

1:48.3

or, you know, put them on a drip campaign and see how much they're engaging. Here's the problem

1:53.0

that you're going to run into. And the reason, frankly, a lot of these systems, they did work

...

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