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Real Estate Training & Coaching School

Real Estate Coaching | Shifting Market, Inflation, Recession (2)

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business News, News, Careers, Business

4.4705 Ratings

🗓️ 6 April 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

Today's show is part 2 of How to handle the shifting market…  Are we headed for a recession? Stagflation? How will rising interest rates affect the real estate market?  These are the questions we know are on your mind. URGENT: Are You Worried About Having A Slower Start To The Year? Don’t Hit The Panic Button, Learn How To Have Massive Success In A Shifting Market. When You Attend This Exclusive Training You Will Learn 17 Surprising Secrets Of The Top 100 $ Millionaire Agents. Claim Your FREE Spot Now. After You Have Attended This Event You Will Experience A Huge Feeling Of Relief Knowing You Will FINALLY Laugh At Your Money Worries – You Will Have Your Own Personalized 2022 Step-By-Step Business And Lead Generation Plan. Learn Now How To Generate 100’s of Motivated Leads for FREE, Without Coming Off As A Pushy Salesperson and Losing Your Soul. You Will Soon Know How To Become One of the 1000s of Agents Making HUGE Money In This Changing Market. Claim your FREE spot now. YES, I Want To Attend The FREE Webinar! <——Click To Register P.S. Free Webinar, Limited Space. Less Than 300 Spots Still Available.  7 - Don't rely on 'vanity metrics'... those are likes, shares, views, and retweets.  What matters are appointments, contracts, and closings. Just because you have 100 likes on a post does not mean you're making money this month. Your Real Estate Treasure Map teaches you to track what matters. 8 - Commit to being a successful listing agent. Refer your buyers to buyer agent partners who pay you referral fees. Being a listing agent means that you list more than just repeat and referral clients. You are actively seeking new listings from a variety of 'spokes' every day. Know your Magic Number and be ready for it to increase as the market shifts. 9 - Create a Transaction Fee spoke. We teach you how to do this in Premier Coaching. If you charge a $397 transaction fee and you do 20 transactions this year, that's an additional $7940 which is 100% profit. If you do 50 deals, it's nearly $20,000. Your product is profit. Everyone else in the transaction charges transaction fees.  Quiz:  Please choose one answer: 1) I am ready to join EXP Realty.  2) I am interested in EXP Realty and need more info.  3) I am not interested in EXP Realty.  Key: * If you answered “#1” congratulations. You are about to join the fastest-growing real estate company in the world. Tim and Julie Harris are inviting you to join them at EXP Realty. Text Tim directly for the next steps: 512-758-0206. (text only please) * If you answered “#2” please watch the videos and check out the other intel on this site. http://whylibertas.com/harris .  * If you answered ‘#3’ no worries. You will want to check out whylibertas.com/harris so you can at least know what EXP Realty is and why so many agents are moving to EXP.   10 - Double down on all of your proactive lead generation efforts. Draw your 'spokes in the wheel' on a whiteboard on your wall and make sure you're actively pursuing all of them. Do at least 3x what you normally do in the pursuit of each spoke. If you usually speak to your Center of Influence (your database) once per year, make it once per quarter or once per month. 11 - Connect to other motivated, educated, and ambitious agents like yourself through Premier Coaching. Get your Treasure Map done and follow it. Stay away from lazy, complacent, drama-filled agents!

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. We are going to finish up this topic today. Shifting market

0:34.9

inflation recession, oh my. And the reality of it is, is there is an

0:39.5

excellent chance that all of those things will be happening. And what Julie and I are going to be

0:43.3

doing is today's podcast series is again, second part of the series where we're going to be

0:47.8

helping you to prepare your businesses and then starting tomorrow, maybe tomorrow. What do you

0:52.1

think tomorrow? Yes. Hopefully. Oh, we're going to be doing a really great podcast, a maybe one or two day show, on really what

0:59.1

inflation means, because many of us, Julie and I included to some extent, have never really experienced

1:04.7

what's about to happen in the economy. And what's about to happen in the economy is going to be

1:08.2

something that's going to change all the rules. And just putting this in context, the price of everything that you can possibly imagine,

1:15.3

every single thing that you buy is going to increase and increase dramatically.

1:19.0

And that is the unfortunate truth.

1:20.5

And why not just basically cut through all the Mickey Mouse and just get to the bottom line?

1:24.9

That is the bottom line.

1:26.1

You are in a blessed

1:28.0

position because of the fact that you're in an industry where your income will rise right along

1:33.1

with inflation because you're selling more expensive houses. Julie and I shared this with you guys

1:37.4

yesterday. Average price in the United States, according to several reports, is now well over

1:41.4

$500,000. Appreciation or inflation, which is really what it is,

...

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