Real Estate Agents: How To Recession Proof Your Business NOW!
Real Estate Training & Coaching School
Real Estate Training & Coaching School
4.4 • 705 Ratings
🗓️ 10 May 2023
⏱️ 22 minutes
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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. And we're going to be talking today about six |
| 0:35.3 | ways to prepare your business and your personal life for a possible |
| 0:39.7 | recession. Now, we're going to be going through some specific drill down things that you should be |
| 0:45.2 | doing. Now, I'm going to give you a little, you know, it's how Julie and I've been thinking about |
| 0:48.2 | this. Is there going to be a recession? Nobody really knows. But even if there isn't going to be a |
| 0:53.1 | recession, we'll suggest that you prepare for the worst and hope for the best. |
| 0:57.6 | That's right, because all those things apply whether there's a recession or not, |
| 1:00.8 | but we know that you're reading those headlines, so we're going to address it. |
| 1:03.7 | Well, what is a recession anyway? |
| 1:05.5 | Here's the definition. |
| 1:07.2 | A recession is a significant decline in economic activity spread across the economy lasting more than a few months and normally visible in real GDP, that's gross domestic product, real income, employment, industrial production, and sales. |
| 1:21.8 | So basically a slowdown across the economy for several months. |
| 1:25.7 | And just to be very clear, I'm saying this twice, just so, you know, you guys don't have |
| 1:29.3 | to overreact emotionally. |
| 1:31.3 | There are a lot of reasons to believe there's not going to be a recession, frankly. |
| 1:34.5 | And there's, you know, obviously a lot of people that say there is going to be a recession. |
| 1:37.9 | We want you to be prepared for the worst. |
| 1:41.2 | And in doing so, it's going to cause you to make decisions that are far more |
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