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The Tom Ferry Podcast Experience

This 15-Minute Rant Could Be Extremely Valuable for Your Real Estate Business

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.71.1K Ratings

🗓️ 19 May 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Last week I shot a long form live video with Tim Smith and David Childers, and as soon as it finished, I started getting requests for one specific excerpt. I’m happy to deliver it as today’s episode of the Tom Ferry Podcast Experience. Tim Smith has already closed $300 million in sales in 2021, so anytime you can get a mega-producer’s take on things, it’s worth listening. And in just about 15 minutes, we cover many of the most pressing topics in our industry today: The fundamental baseline for success as a real estate agent How to overcome the “Even if I sell, where would I go?” dilemma The changing definition of “listing appointment” The one question you should be asking every homeowner today And much more! Don’t miss this one.   In this episode, we discuss... 0:35 – The fundamentals that are absolutely REQUIRED in today’s market – AKA why you can’t complain if you’re not doing the work 2:04 – Tim says “Let me move the chain a little bit” when it comes to listing appointments 3:11 – Who are the “Research Phase” sellers in your marketplace? 3:34 – How to solve for would-be sellers who can’t find anywhere to move 6:43 – The new appointment format that gets listings today 8:04 – Tom role plays Expired follow up – and Tim thinks a new career path might be in Tom’s future 9:35 – “You really are now an advisor” through a “gruesome experience” 10:49 – If there’s a time to take a risk, it’s on THIS type of properties 12:23 – The one question you should be asking every homeowner today 13:18 – My bold prediction for a commission-killing trend emerging in the next 3-4 years 14:39 – This is going back to what everybody says... Realtors are lazy, right? 15:40 – Tim’s take on what top agents are doing now

Transcript

Click on a timestamp to play from that location

0:00.0

So here's the thing, entrepreneurs, leaders, salespeople.

0:05.8

We all want to create consistent, repeatable, and scalable ways to grow our business and

0:10.0

our income.

0:11.0

And we want to do it better, faster, and more seamlessly.

0:14.1

Why?

0:15.1

So we can actually enjoy our lives, take vacations, and spend the quality time that we want

0:18.9

with the people that we love.

0:20.6

How do we do all this without spending a fortune or running ourselves ragged?

0:24.8

That's the big question, and this show is dedicated to the answer.

0:31.0

I want to go a different direction, just for a minute.

0:32.9

I think we're going to save David forbearance for next week.

0:36.1

OK.

0:37.0

I'd love to know right now in the comments.

0:38.8

Tell me really fast whether you're with me live on Instagram or here with us on Facebook

0:42.2

or if you're watching this in the future, put your feedback in as well.

0:46.3

I'd love to know approximately how many listing appointments have you gone on so far

0:50.3

this year?

0:51.5

Approximately how many listing appointments have you gone on so far this year?

0:54.5

I want to see it in the comments.

0:56.5

And if you've got a friend who has gone on more or you want to just encourage them

1:00.5

with a little gentle nudge, tag your buddies inside there as well.

1:04.1

Here's why you keep bringing this up.

...

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