The Greatest Fortunes Have Been Made During the Greatest Times of Change

Real Estate Training & Coaching School

Business, Careers

4.7 • 669 Ratings

🗓️ 17 May 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the ever-evolving realm of real estate, it's all too easy to succumb to the tidal wave of uncertainty and fear crashing upon us. As real estate agents, we find ourselves navigating treacherous waters, buffeted by market fluctuations and besieged by doubt. Yet, amidst the chaos, there lies a beacon of hope—a testament to the resilience and ingenuity of the human spirit. It is in times of change, in moments of upheaval, that the greatest fortunes are made. 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? Visit: https://whylibertas.com/harris or text Tim directly at 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://premiercoaching.com Throughout history, we have seen time and again how individuals have seized upon periods of upheaval to forge their own paths to prosperity. Take, for example, the story of Lisa Nguyen, a real estate agent who weathered the storm of the 2008 housing market crash. Faced with plummeting property values and dwindling sales, Lisa refused to be deterred. Drawing on her creativity and resourcefulness, she pivoted her business to focus on distressed properties, helping countless families navigate the foreclosure process and find new beginnings. Today, Lisa's thriving real estate empire stands as a testament to the power of resilience and adaptability in the face of adversity. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/ But Lisa's story is just one of many. From the rise of Andrew Carnegie during the Industrial Revolution to the success of Donald Trump amidst the turmoil of the 1990s real estate market downturn, history is replete with examples of individuals who turned uncertainty into opportunity. Indeed, as the saying goes, "Hard Times Create Strong Men, Strong Men Create Good Times, Good Times Create Weak Men, Weak Men Create Hard Times." It is during the hard times that we are forged into stronger, more resilient individuals—individuals who have the strength and tenacity to weather any storm and emerge stronger on the other side. REAL ESTATE LEADS, LEADS and more LEADS: Question: What is Tim and Julie Harris's favorite PROBATE LEAD PROVIDER? Simple, alltheleads.com/harris Let's delve deeper into history to uncover additional examples of how hard times have created the greatest fortunes: 1 Rockefeller and the Oil Boom: In the late 19th century, John D. Rockefeller capitalized on the turmoil of the oil industry, leveraging his business acumen to establish Standard Oil and become one of the wealthiest individuals in history. 2 Carnegie and the Steel Industry: Andrew Carnegie's rise to prominence during the Industrial Revolution is another prime example. By recognizing the potential of the steel industry and implementing innovative production methods, Carnegie built an empire that reshaped the modern world. 3 Rothschild Banking Dynasty: In the 18th century, the Rothschild banking dynasty emerged from humble beginnings to become one of the most powerful financial institutions in Europe. Through strategic investments and shrewd business practices, the Rothschilds navigated periods of economic upheaval to amass immense wealth and influence. Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/

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. Today's topic is the greatest fortunes have always been made during
0:35.4	the greatest times of change. And we're certainly in one of those greatest times of change now. So, Julie, before we get to our first
0:41.4	point, why do you think this topic is really important for everyone to really drill down on
0:47.3	and pay attention to? Great question. There are several reasons. One is, I think, that agents
0:52.8	today and brokers and team leaders are dealing with
0:55.7	more than they have in the past. It used to be, let's just go find a house and be competitive and
1:01.0	buy it and then I'll take your listing and lather, rinse, repeat, and things sort of took care of
1:05.0	themselves because their clients had fear of missing out. We had interest rates on our side, and the
1:10.3	momentum was really good.
1:12.6	Now we have a lot of uncertainty. We have our rates going to stay where they are. They're going to
1:17.3	come down. We have the whole commission lawsuit settlement and the changes that come with that that we
1:21.3	reported on on earlier podcasts. And we're doing a pod. We're doing an interview with some of your
1:25.1	friends from Housing Wire tomorrow. And we're going to be talking about the changes that are happening with lead generation platforms, the enhancements
1:32.4	to TCPA. And so to summarize, basically, it's almost like a lot of these guys have been, you know,
1:37.2	they're bakers, right? And they've been making chocolate chip cookies in a certain way using a certain
1:40.7	recipe for generations. And all of of a sudden the recipe has changed or
1:44.8	someone has forced them to change the recipe and they still have a demand for their cookies
1:48.9	but they don't necessarily know how to actually go about doing it and it's causing a lot of fear
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