Your Make Money Now Open House Plan! (Part 2)

Real Estate Training & Coaching School

Business, Careers

4.7 • 669 Ratings

🗓️ 22 April 2021

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Open House Math 1 Hold open houses every weekend as a rule until you have a minimum of 3, AAA buyers at all times. Once you put one in contract, replace it with another AAA buyer, so you are never without 3. Doing this ensures you will never, ever have a lean month. 2 When you work with at least 3, AAA buyers at all times, 2 will close per month, minimum. 3 2 deals / month x your average commission = $_______. Let’s say your average is $15,000/ sale. $30,000/month just from open houses = $360,000 per year. Even if your numbers are HALF of that, open house math makes a lot of sense. 4 If you’re already doing better than this in your business, ADD open houses as a viable ‘spoke’ and add the $60,000 to $120,000+++ to your existing business. Use the added income to pay off debt, buy a rental, pay for an assistant or upgrade your car! Open House Prospecting Rules 1 You must use 10 Directional signs, minimum. Ask permission to place signs and connect with homeowners who allow you this courtesy. 2 Choose the RIGHT HOUSE to hold open. 1st-time buyer houses or first move-up houses in popular schools, great neighborhoods, and nice curb appeal. Avoid gated communities if possible. 3 Door knock 1 hour before the open house, using an open house flyer, which invites neighbors and friends for a ‘sneak preview’ 1 hour prior to a public open house. 4 Place FREE ads in Craig’s List, on your Facebook, Realtor.com, Zillow.com..everywhere! Schedule A Free Coaching Call Listen on iTunes Listen on Spotify Listen on Stitcher

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,
0:27.8	Tim and Julie Harris. Three, two, one, and we are back, Julie Harris. It is april the 22nd and we are going to give these folks
0:41.9	part two of your make money now open house plan and part one was received kindly and all
0:48.7	nice comments on that yes and in fact a lot of our premier coaching members have already told me that
0:53.4	they've already listened to yesterday,
0:55.3	and they've already got new open houses scheduled.
0:57.6	So they're doing their homework.
0:59.0	Exactly.
1:00.2	If there ever was a time of year, if there was ever a time in real estate to be absolutely proactively involved in lead generation, it is now.
1:08.7	There is so much opportunity out there.
1:10.7	You know, I've been on,
1:12.0	I don't even know, Julie, today, Zooms and just different conference calls and clubhouses and all
1:17.3	that. And I don't remember, I mean, I do, I don't remember a time where there's this much
1:22.2	opportunity for the, just primarily for the listing agents. And I also don't remember. You and I
1:27.4	started, you know,
1:28.5	our first real estate transaction we did was a, what, 1992 or 93, right? And we bought our first
1:34.2	investment property. And I don't remember ever there being this much pain on the buyer's side
1:38.8	of the transaction. Oh, no, not even close. It's amazing. It is incredible. So as we often coach you, become the listing agent.
1:46.5	Yes.
	...

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