Latest / The Real Estate Agent Playbook / Real Estate Red Cards: Mistakes That Hurt Us All
Transcript
- 0:00Does it seem like everything is hard?
- 0:02And agents seem to kind of be at each other's throats and, and
- 0:05things are really hard right now.
- 0:07Well, that is absolutely the case.
- 0:09The market's a little bit difficult.
- 0:10Things are changing, got commission lawsuits, but I'm here to tell
- 0:14you the three things that agents do that ultimately is tacky and
- 0:19kind of makes my blood boil.
- 0:20So stay tuned, I'm going to help you out, and we're going to dive in.
- 0:28What's up guys, Jeremy Kane with Real Estate Agent Playbook.
- 0:31Today I'm just going to kind of go off the cuff and talk about things that
- 0:36I see agents doing that I think are ultimately huge mistakes they will
- 0:41regret in their career down the road.
- 0:43So while you're here, like, comment, subscribe, join the community.
- 0:46I'm all about building the community up.
- 0:48To help real estate agents win every single day at the game of real estate.
- 0:51So let's get into it All right The first things first, I know that content is
- 0:55king and you're getting on video and you're doing all the things But i've
- 0:59been noticing that agents are posting videos Talking about the interest
- 1:03rates going up or their interest rates going down but by the time that the
- 1:07video actually comes to The market so to speak or it comes to being posted
- 1:13That information is just inaccurate.
- 1:15So please make sure that you are providing the utmost current information
- 1:21because there's nothing more tacky than saying interest rates are dropping.
- 1:24You need to get in now.
- 1:25Now's the time.
- 1:27And then a buyer calls you, and even if you don't know that the
- 1:30rates have have ticked up a little bit, then they, you know, get
- 1:34into the flow and all of a sudden they're like, oh, the rates went up.
- 1:37You, what you said was inaccurate.
- 1:38So.
- 1:39It just bugs me.
- 1:40It also really bothers me that we always talk about the rates falling
- 1:44and the rates coming down, but when they tick up, we don't do that.
- 1:47So if you're gonna talk about rates and talk about the market, make sure you're
- 1:50staying up to date and getting that information to the, to, you know, the
- 1:55post as soon as possible, because nothing bugs me more than like, call me now.
- 2:00Hurry up.
- 2:01The interest rates are down when we just see saw a pretty rough
- 2:04month and interest rates are up.
- 2:06So that's the first thing, just making sure that information you're
- 2:09putting out there is accurate.
- 2:11Also, you know, it's a great time to buy, great time to sell, that's, that should
- 2:15be a thing of the past after you watch my video from a couple weeks ago, because
- 2:18it really depends on, on the situation.
- 2:20And so break it down, be more individualized, you know, once you get
- 2:25to that point, but to make a blanket statement such as it's a great time
- 2:29to buy or sell, Is truly just you being selfish and wanting those deals.
- 2:34So that's, that's number one.
- 2:36We'll move past that one.
- 2:38Getting into venting on, you know, in public venting at the
- 2:43office sales meeting, venting.
- 2:45You know, on Facebook groups, whatever it is about your clients
- 2:48and how this transaction is so hard and all of this thing is, is crazy.
- 2:52And I have a psycho buyer.
- 2:54Well, certainly there are some, some crazies out there, and certainly we
- 2:57get into some transactions that are difficult, but ultimately we get
- 3:01paid pretty good amount of money.
- 3:03To do what we do so the constant, you know crazy buyer this happened that
- 3:07happened is really just played out and ultimately it It's tacky as well.
- 3:12And so that's the next thing i'm going to talk about is really hold yourself
- 3:15to that professional standard Obviously understand that the more difficult
- 3:19the clients are the more difficult the transactions are The better it
- 3:22feels when you solve those problems.
- 3:24We are problem solvers.
- 3:26This is a very difficult transaction and process for you know buyers and
- 3:33sellers to go through And so that's absolutely what we need to do.
- 3:37And I just remind you to be professional, and ultimately, it's your job.
- 3:42It's your job to solve the problem, so just solve the problem and move on, right?
- 3:46We get paid pretty well, like I said, to, get buyers and sellers to the finish line.
- 3:51You know, happy ending.
- 3:53However, sometimes it doesn't work out, and that's okay.
- 3:56And sometimes, people are stressed out, and they're doing their thing.
- 3:59But, I promise you that if you help someone in those tougher times,
- 4:03and you don't, you know, put them on blast on social media, whether
- 4:06they're gonna see it or not, is, is something to really consider.
- 4:11And, you know, ultimately, agents and the professionalism, you know, of agents,
- 4:16they could be in these Facebook groups, they could see what you're posting, and
- 4:20it just, it just isn't a good look, in my opinion, to be like, oh, this agent's such
- 4:24a jerk on the other side, this, that, and the other thing, and You know, at the end
- 4:28of the day, we're both paid, you know, to represent our client's best interest.
- 4:33And so however you go about doing that is, is one thing or another, you know, and
- 4:38certainly like, you know, you get, you get kind of tough to work with or whatever.
- 4:44And, you know, I've been guilty of this in the past from like, Oh, can I
- 4:47believe this agent did this or whatever?
- 4:49And, you know, obviously not going to public forums and things
- 4:53is, is probably recommended.
- 4:55So, just know that, you know, playing the sandbox fair is, is
- 4:59definitely the way to go about it.
- 5:01But, you know, some people are just different.
- 5:02Some people operate their business differently.
- 5:04And that's the beauty of real estate is we're all
- 5:06entrepreneurs and we can do that.
- 5:08And so that is Absolutely.
- 5:10My next point is you never know when you're going to see
- 5:13an agent on the other side.
- 5:15So keeping that professional relationship, making sure, understanding
- 5:19that every transaction is different.
- 5:21So, you know, if this agent is extremely difficult to work with on this deal, they
- 5:25might not be extremely difficult to work with on this deal, but even if they are,
- 5:29you're helping your client out and you're helping them get to the finish line.
- 5:32So those are three things that I'm seeing.
- 5:35And I pride myself on Making sure that I'm building relationships
- 5:39with other agents and this goes brokerage to brokerage, right?
- 5:43There's no secret.
- 5:44I'm at AXP.
- 5:45I love where I'm at, but I'm friends with people at real people
- 5:49at LPT people at KW You know and ultimately it's about building a
- 5:53community, especially locally, right?
- 5:56I you know, the brokerages are our brokerages wherever you're at is great And
- 6:02you know, if it's not then make a change.
- 6:04However, there's nothing wrong with You know the different brokerage
- 6:08models they vibe with some people they don't with others and that's where
- 6:11we really have to step back as agents and maintain that professional level
- 6:15right and Understand that everybody's just trying to make their way, right?
- 6:21And you know certainly I'll shout from the rooftops of the opportunities that
- 6:25have been provided to me the XP and the things that I've seen Since I've
- 6:29changed to this brokerage but I have buddies at real that could say the same
- 6:32thing or I have people at Sotheby's are like, that's, that's not my cup of tea.
- 6:37I want to, you know, roll this traditional route and, and that's amazing.
- 6:40And so, agent to agent stuff is really, getting under my skin lately.
- 6:45So, understand that, you know, everybody's in it to help each other.
- 6:49We're all on the same team.
- 6:51As these commission lawsuits kind of get sorted out and so
- 6:54on, we have to understand that we must band together, right?
- 6:57We're stronger together than Then, on islands here fighting
- 7:01our little civil war, so to speak.
- 7:03And so that's, that's just what I want to say about that.
- 7:06And I approach every single relationship, every single lunch,
- 7:09every single opportunity to build a relationship with another agent.
- 7:12As an opportunity for me to put my best foot forward.
- 7:16If I have a client that's offering on their listing, right?
- 7:19You never know who you're going to run into.
- 7:21It's actually a smaller world than you think.
- 7:23And so that's what I do, right?
- 7:24I, and I can learn so much.
- 7:27I can learn so much from a brand new agent.
- 7:28I can learn obviously a lot from a tenured agent or a broker.
- 7:31And so if you have that, you know, common, common ground, where it's just
- 7:36talking about the industry, talking about ideas and sharing ideas, swapping ideas.
- 7:40No matter what flag they fly, is absolutely an advantage to you.
- 7:43And I'm not saying, you know, go out to lunch with a real estate agent
- 7:47every single day, but honestly, it's not a terrible idea for those newer
- 7:50agents to kind of pick up some ideas and the skills of the trade and so on.
- 7:54I'm always here to help.
- 7:55As you know, you're always available to book a realtor game plan call.
- 7:59I would be happy to, you know, dive into anything about your business.
- 8:03Cause as I just said, I learned so much from other agents and so on.
- 8:07Let's stay out of the Facebook groups and let's, you know, with our
- 8:10problems and, you know, whatever.
- 8:13Also, in those Facebook groups, be kind to people, right?
- 8:16A typo here, you know, miss, misspelling here, whatever that may be.
- 8:21Something that's probably not very smart.
- 8:24What, what good does it do to beat somebody up like that, right?
- 8:27Clearly they, they either misunderstood something or you know, they're in a tight
- 8:32spot if they're going to a Facebook group.
- 8:34So let's just pick each other up, especially as this year goes on and
- 8:38the changes happen in the industry might be a little bit stressful.
- 8:42So let's pick each other up as a community and move forward.
- 8:45So I hope that helps you guys.
- 8:47As a new agent, I would definitely stay away from those three things
- 8:50specifically, in just to repeat them.
- 8:54Spreading inaccurate information on the market and all of that is, is key.
- 8:57Make sure that you're allowed and have a license to say the things you're saying.
- 9:01Not that I'm here to tell you what to do or not to do.
- 9:04But definitely don't tell somebody the rates have dropped and you
- 9:07know, they've come down so much when by the time that post, they've
- 9:11gone up a little bit or more.
- 9:12So that's, that's number one.
- 9:14Next is let's keep the venting and transaction, you know, talk,
- 9:18this agent did this, my buyer, my seller, can you believe this?
- 9:21Telling these stories in public forums probably isn't
- 9:24a super ethical, my opinion.
- 9:26And then finally, obviously let's all get along and absolutely crush a game.
- 9:31So I hope that helps please reach out.
- 9:33If you need anything, comment below.
- 9:34If you have any questions or concerns about this, this video, share the
- 9:39podcast we're over there on the podcast.
- 9:40So if you're on the road, definitely check out the real estate agent playbook on
- 9:43podcasts, and we'll catch you next time.
- 9:46We'll see.