Latest / The Real Estate Agent Playbook / What Real Estate Agents Can Learn from the Savannah Bananas (Jesse Cole’s 5 E’s)
Transcript
- 0:00this past weekend
- 0:01I got to see the Savannah Bananas live and in person
- 0:04and speak at a mastermind
- 0:05surrounding the business conference
- 0:07and it's quite interesting
- 0:11to step back and think about the client experience
- 0:14and how we could
- 0:16absolutely revolutionize the real estate industry
- 0:19by taking some lessons from Jesse Cole
- 0:21so we're gonna talk about his 5 E's today
- 0:23I can't wait to share this
- 0:24because it can absolutely
- 0:26change the way you do business
- 0:28and the way that your client experience plays out
- 0:32each and every time to create the most raving fans
- 0:34so stay tuned
- 0:40what's up guys Jeremy Kane here
- 0:41real estate agent playbook in the XP Realty
- 0:44I pride myself on the client experience
- 0:47and how well I take care of my clients
- 0:50certainly there's been slip UPS
- 0:52but Jesse Cole took it to a new level
- 0:54and being invited to speak in Philadelphia
- 0:57at a business mastermind put on by my good buddy
- 1:00John Schuckman uh
- 1:02a surrounding the Savannah Bananas business model
- 1:05was absolutely amazing
- 1:06and I Learned so much even from preparing my
- 1:10my talk and the the chat that I had
- 1:13and just from being around those
- 1:14amazing agents out there so let's kind of dive in
- 1:18and his entire thing is surrounded by five E's
- 1:22the first one is eliminate friction
- 1:25The Savannah Bananas
- 1:26eliminate sales tax on ticket prices
- 1:29they make the concessions or they did make them
- 1:32not anymore now that they're playing at NFL
- 1:34and MLB stadiums
- 1:35but they made the concessions free of charge
- 1:37included in the ticket
- 1:39so just some of those things to eliminate friction
- 1:42eliminate everything that sucks
- 1:44well in real estate
- 1:45we can't necessarily eliminate a lot of things
- 1:48but we certainly could ease the tension
- 1:50we can communicate and prepare our clients
- 1:53and there are some things that we can eliminate
- 1:55we can take some things off of our clients plate
- 1:59whether that's you know
- 2:00calling inspectors or calling contractors
- 2:02or doing all of this and setting up all these things
- 2:05there's certainly a concierge mentality out there
- 2:08that we could take to the next level
- 2:10so think about how that would look if
- 2:14you know
- 2:14you had permission from your clients and you were doing
- 2:17you know these
- 2:18these mundane things calling the um
- 2:21there's some things we just can't do right
- 2:22we can't call the utility company and we're supposed to
- 2:25you know obviously let them
- 2:27you know make that
- 2:28make those decisions for the services and all of that
- 2:31however is there something that we can do
- 2:33in our real estate businesses
- 2:35that would eliminate some of the friction
- 2:37there certainly is it's just about how we
- 2:40you know operate
- 2:41whether it's you know
- 2:42moving trucks or there's all kinds of different ideas
- 2:46but think to your business
- 2:47how you could eliminate friction
- 2:49just one thing
- 2:50to make it a little bit easier on your clients
- 2:53be very careful with liability and taking on too many
- 2:55costs you know
- 2:57obviously we don't get paid till the end
- 2:59so there's a ton of things that we could do
- 3:02but is there one thing that you could do right now
- 3:05to eliminate some friction
- 3:07I will tell you
- 3:08the most important thing is over communicate
- 3:10prepare and be available um
- 3:13as far as questions and things go
- 3:16but if there's something that I didn't mention
- 3:18comment below I would love to hear
- 3:21what you are gonna do in your business
- 3:23to eliminate friction
- 3:25to check off the first of 5 E's in Jesse Cole's model
- 3:29next we have entertain always
- 3:30we can do this obviously there's the dancing realtor
- 3:33my good friend Tracy Spence was actually at the event
- 3:36um down from Georgia
- 3:38Tracy is an amazing real estate agent in Georgia
- 3:42and she gets people to dance
- 3:44in fact before my talk
- 3:46we got up and we did a dance to the Pink Pony Club um
- 3:50which she switched on social media
- 3:52to chicken and banana
- 3:53I'm not gonna post it but you can find it out there
- 3:55it's definitely out there um
- 3:57but how do we entertain always
- 3:59how do we make it entertaining
- 4:01how to do we show up right
- 4:03can we bring an element of humor in our videos
- 4:07and our posts and our conversations
- 4:09that will help loosen loosen it up
- 4:11absolutely if you're a good dancer go for it um
- 4:15but we do need to understand that we are entertaining
- 4:18our clients we are serving our clients
- 4:20and maybe this was a little bit different
- 4:22back in the day when we were
- 4:23you know driving our clients around in the cars and
- 4:27and all of those things
- 4:28but how do you show up for your clients
- 4:29what's that experience like
- 4:31in fact one agent was talking about possibly
- 4:35you know showing up to the
- 4:38closing table in a limo with their clients right
- 4:42something cool something different
- 4:44so always try and add that element of entertainment
- 4:46understand that this is a very stressful process
- 4:50but how can we entertain right
- 4:52this is something that you can do
- 4:53if you take one thing and go from there
- 4:55absolutely let's do it in fact
- 4:57if you comment bananas below
- 4:59or send me a DM on Instagram at the
- 5:02re agent playbook bananas
- 5:04we will get you the GPT
- 5:06that will help walk you through this entire process
- 5:09and creating this for your business
- 5:12and it's absolutely incredible
- 5:14and you can walk yourself through it
- 5:15or you can just comment below
- 5:17and do it the old fashioned way
- 5:19but definitely something to think about
- 5:21how are we gonna entertain
- 5:22how are we gonna show up
- 5:22are we gonna have a closing gift with
- 5:24with the big balloons and the
- 5:26you know champagne bottles and all of that
- 5:28or is there something else that you do already
- 5:31maybe to entertain
- 5:32to kind of replace our new kind of meet at the house
- 5:36you know mundane search
- 5:37on the internet
- 5:38we need to make sure that we're entertaining
- 5:40and we're having fun while doing this
- 5:43next is experiment constantly
- 5:44this is something that
- 5:45obviously with the Savannah Bananas
- 5:48Jesse Cole puts 10 new ideas up for his business
- 5:50every single day uh
- 5:52some of them and most of them have come to fruition
- 5:55but he continues to do this
- 5:56he's always experimenting
- 5:58always thinking about
- 5:59how he can better the fan experience
- 6:02because every single fan matters
- 6:04and their experience matters
- 6:05so you know
- 6:06I'm sure that some of them flop and all the things
- 6:08it's kind of funny because we're talking about
- 6:11you know
- 6:11it's amazing that there's not more mistakes made
- 6:14and I'm sure there's mistakes made
- 6:15but they do such a good job of moving your energy
- 6:18and moving your line of focus around
- 6:20so many times throughout the
- 6:22you know game that you don't notice it
- 6:25well when we were there
- 6:26the cameraman
- 6:27actually was circling around the pitcher's mound
- 6:29and tripped and fell
- 6:31uh this became a post on social media and all of
- 6:34everything happened but the truth is
- 6:37is that we're going to mess up in our business
- 6:39and we just have to continue to experiment
- 6:42and just make sure we're doing the right things
- 6:44with the paperwork and all of that
- 6:46but when it comes to the experience
- 6:48let's experiment
- 6:49let's experiment with different closing gifts
- 6:51let's experiment with
- 6:53all different types of social media posts
- 6:55and recognition and gifting
- 6:58and what can you do that is an experiment
- 7:01every day write down something you wanna do
- 7:0310 sticky notes that you wanna implement
- 7:06make them simple and implement them one by one
- 7:09we don't have to implement them all at the same time
- 7:11cause obviously costs and things go into all of this
- 7:14but implement one thing at a time right
- 7:1710 sticky notes a day keep them up
- 7:20you know kind of audit them
- 7:21get rid of some
- 7:22but this is a huge piece of trying something new
- 7:25trying something to be out of the norm
- 7:27because if we never try an experiment
- 7:30we're never gonna break the norm
- 7:31and we're gonna be just the same as the other Realtors
- 7:34that we're competing with
- 7:35the whole point of all of this is to break the mold
- 7:38and be different be unique
- 7:40so that you show up in a way for your clients
- 7:42that's memorable and unique
- 7:44next is engage deeply obviously
- 7:47the No. 1 reason that real estate agents
- 7:49do not get retained for the next purchase or sale
- 7:52is because they lack communication
- 7:54this is a NAR study it's known
- 7:56it's out there so engage deeply right
- 7:58write the handwritten notes
- 8:00be there for the tough times
- 8:01be there for the good times
- 8:03over communicate deliver on value
- 8:05but then once it's done communicate again
- 8:08and make sure that you're staying in the know
- 8:10and talking to your clients
- 8:12and knowing what's going on
- 8:13and following up yes
- 8:15even if the houses you know
- 8:16value goes down a little bit
- 8:18let's continue to grow that and build that and show up
- 8:22with communication at the forefront
- 8:25Jesse responds to every single email
- 8:27he responds to every note he gets
- 8:30it's a 100% response
- 8:32you know policy and for you as an agent
- 8:36we obviously have that
- 8:37but how do we out goingly engage with our clients
- 8:40how do we
- 8:41make sure that they're having the best experience
- 8:44with the contractors that we're referring
- 8:46and so on this is a key point in Jesse's story
- 8:51is that he's constantly engaging
- 8:53he's constantly getting feedback
- 8:55because when you're talking to your clients
- 8:57about their experience they're gonna give you feedback
- 8:59both positive and negative
- 9:00and that's how we adapt
- 9:02and that's how we get to a perfect business model
- 9:05and a perfect fan client experience
- 9:07that we're always adapting and always growing
- 9:09and always you know
- 9:11chopping and changing
- 9:12just because it's perfect for one
- 9:13does not mean it's perfect for the other
- 9:15so we're always auditing
- 9:17and changing and doing
- 9:19what we need to do
- 9:20to create the best client experience
- 9:22and then finally
- 9:23we're gonna empower empower action right
- 9:26the fans at the bananas games
- 9:27feel like they're a part of it
- 9:29they're dancing they're wearing bananas gear
- 9:31they're they're doing all of the things
- 9:33they feel like they're a part of the the process
- 9:37obviously
- 9:37clients need to feel like they're a part of the process
- 9:40but they also need to feel supported
- 9:42because obviously
- 9:43they're paying us money to do what we do
- 9:45so as an agent how are you empowering them to stand up
- 9:48and do some of the pieces that
- 9:51you know fit in their wheelhouse that they wanna do
- 9:53are you making sure that they know exactly
- 9:56what's on the inspection that didn't get addressed
- 9:58so that they can address that
- 9:59and helping connect them with the right contractors
- 10:02so that they can do that
- 10:03it is our job to make sure that our agent
- 10:05our clients feel empowered
- 10:07through each and every step of the process right
- 10:10if they want to show up in a banana outfit
- 10:12they can totally do that
- 10:14so if we run these back and we eliminate friction
- 10:17we entertain always we experiment constantly
- 10:21we engage deeply and we empower action in our clients
- 10:25this is the basis of your client journey
- 10:28and like I said if you comment bananas below
- 10:31or if you send me a DM message that says bananas
- 10:34I will directly send the GPT to you
- 10:37it's a coach it'll help you
- 10:39kind of pull these five E's into your business
- 10:41and I'll customize them just for you
- 10:43give you an entire business plan absolutely for free
- 10:46but I can't wait to see you
- 10:48take Jesse Cole's lessons in these five E's
- 10:51that were on display
- 10:52when I was in person at the Philadelphia
- 10:54Philly Stadium watching the Savannah bananas
- 10:57and then
- 10:58as we broke it down for the mastermind afterwards
- 11:01an incredible event an incredible time
- 11:03but most of all incredible lessons
- 11:05implementing the 5 E's into all of my businesses
- 11:09whether it's the agent attraction side and you know
- 11:12for the agents that choose to partner with me
- 11:14that have absolute amazing success
- 11:16and drive to grow their business and do it differently
- 11:19or it's in my production business with the clients
- 11:22it absolutely changed the way that I look and view
- 11:25my client experience and I hope it does for you too
- 11:28like comment subscribe
- 11:29if you're interested in partnering
- 11:30with an amazing group of people
- 11:31and maybe getting an invite to next bananas event
- 11:34please go to R E
- 11:35Agent Wolf pack.com and we can chat then
- 11:38until then go bananas