Latest / The Real Estate Agent Playbook / How Successful Agents Stayed Ahead in Real Estate’s Toughest Market Since 1995
Transcript
- 0:00are you the agent that's
- 0:01constantly jumping around from lead generation
- 0:03tactic to lead generation tactic
- 0:06and you're now wondering what you can possibly do
- 0:08because
- 0:09you're just trying to get that next transaction
- 0:11I'm here to tell you that a recent Fannie Mae article
- 0:15was released that said
- 0:17that real estate transactions are paced
- 0:19at their lowest rate since 1995
- 0:22yeah that's right
- 0:24the lowest amount of transactions
- 0:25are happening in our real estate market nationwide
- 0:28since 1995 that's a 30 year low
- 0:31that may very well be
- 0:33the reason that you are struggling to gain traction
- 0:36and why maybe your transaction numbers fell off
- 0:39but I'm here to tell you
- 0:40that some of the top producers in the
- 0:42top agent friends I know have had the best
- 0:46if not very close to an extremely productive year
- 0:51right here right now in that same market
- 0:53I'm gonna tell you their secret next
- 1:00what's up guys I'm Jeremy Kane
- 1:01real estate Agent Playbook
- 1:02always here
- 1:03helping you get a win every single day at the game
- 1:05real estate if you like what you hear
- 1:07please like the video if you really like it
- 1:09please subscribe to the channel
- 1:10hit the notification bell
- 1:11I provide content on how to
- 1:13organically scale your real state business
- 1:16through organically generation
- 1:19and using social media to absolutely
- 1:22crush all of your goals and your tactics
- 1:25if you have any questions
- 1:27please please engage
- 1:28we love the comments we love going back and forth
- 1:30if you do have something
- 1:32we can get in contact one on one
- 1:34no problem leave a comment
- 1:35reach out in the links below and we can figure that out
- 1:39but for now let's get into it
- 1:40first and foremost
- 1:41we as agents struggle from shiny object syndrome
- 1:44as someone who closes 40 to 50 transactions a year
- 1:47and serves 125 agents currently in my organization
- 1:51with coaching and all the things
- 1:53I am absolutely in that boat with you
- 1:55there's always that one idea
- 1:57you're like that's really cool
- 1:58that could work well
- 2:00I'm here to tell you that that is one of the problems
- 2:03bouncing from Lee generation
- 2:04pillar to Lee generation pillar
- 2:06and not really focusing and barreling down on
- 2:09exactly what works for you
- 2:11and your personality we are all different
- 2:13we are all in different markets
- 2:14I'm a part of a global organization
- 2:16so the ideas are endless
- 2:18the collaboration is absolutely next level
- 2:21but part of that is
- 2:22we have to guard against shiny object syndrome
- 2:24and the truth is when I'm talking to my friends
- 2:27and my top producing buddies
- 2:29and other icon agents within EXP
- 2:31in the Wolf Pack there is a lot that is the same right
- 2:35they're just getting back to basics
- 2:37they're doing what they've done
- 2:38they're relying on their tried and true
- 2:40lead generation pillars
- 2:42and shiny object syndrome is the exact opposite
- 2:45jumping from thing to thing
- 2:46now certainly as you know
- 2:48high performers and entrepreneurs
- 2:50there's certainly
- 2:51time for experimenting with new ideas
- 2:53and trying to grow however
- 2:55if we're going to do that
- 2:56make it an actual pillar
- 2:58make it an actual piece of your business first
- 3:00just trying something fake
- 3:02implementing it seeing if it will catch fire
- 3:04and then kind of
- 3:05taking that energy away from the tried and true
- 3:08pillars that you have come to know as
- 3:12you know barriers of you know
- 3:15absolute pillars of success as we go
- 3:18so with all of the internet
- 3:20with all of the YouTube
- 3:20and everything at the tip of your hands
- 3:22my biggest suggestion to you is to really
- 3:26establish four pillars in business
- 3:28and then I have the sideline right
- 3:30if I have something that comes up
- 3:31I can put it over there but when I'm focusing
- 3:34when I'm in production when I'm trying to build
- 3:37you know
- 3:37those relationships and continue my production
- 3:40moving forward at a high level
- 3:41I'm gonna focus on the four tried and true pillars
- 3:45now in the downtimes
- 3:47when the seasons change or whatever
- 3:49I'm obviously serving my clients within those pillars
- 3:51and if there is time
- 3:52I will grab another one of those pillars and say hey
- 3:55maybe we can build something out
- 3:56but then I'm gonna build it out
- 3:57I'm gonna give it a full go
- 3:59effort
- 3:59to make sure that I'm doing the things that I need to
- 4:01to have the setup to have the back end
- 4:03to have the systems and processes
- 4:05and then I'm going to execute now
- 4:07there comes a time 12 you know
- 4:0924 weeks after you start to execute to look back
- 4:13depending on what it is and say okay
- 4:14that's actually something that can be a pillar
- 4:17I can make it part of my consistent workflow
- 4:19or maybe I don't need that right
- 4:22this is how you eliminate shiny object syndrome
- 4:25so as I mentioned those tried and true
- 4:29established lead generation pillars
- 4:31those are something that we absolutely need to focus on
- 4:35I will tell you that I built my
- 4:37most of my business through sphere of influence
- 4:39I certainly use social media
- 4:41I have a first responders program
- 4:43uh and I also have
- 4:45you know industry partners as a pillar of my business
- 4:48I have an entire course on exactly
- 4:51how I've built my business out
- 4:52that gives you
- 4:53opportunities to pick and choose certain social media
- 4:57avenues and accelerators
- 4:58and certain actively generation pillars
- 5:01those are mine and that's how I built it
- 5:02but every single top producer
- 5:05every single one of my buddies who's an icon agent
- 5:08or close to in the Wolfpack
- 5:09is talking about its fear of influence
- 5:12right and how your sphere of influence is reacting
- 5:14because in the times where transactions really
- 5:18you know got back down and really minimized
- 5:21it was those people that knew
- 5:23like and trusted you
- 5:25that you stay top of mind with
- 5:27through whatever you did mine
- 5:28social media that really carried the day in this down
- 5:33you know transaction cycle where it's not
- 5:36you know people that are
- 5:38people don't have the people to refer right
- 5:40and lead generation sites were
- 5:42you know the internet leads were down
- 5:44all everything across the board is down
- 5:47if those transactions are down
- 5:49but those relationships
- 5:50those tried and true relationships
- 5:52are the ones that carry the day
- 5:54and as we see when the market goes down
- 5:56a lot of agents get out of the market
- 5:58so that sphere of influence
- 6:00those No. 1 raving fans
- 6:02those are the people that are going to help
- 6:04continue to either share your stuff on social media
- 6:07to point out what you know
- 6:10to somebody who is in need right
- 6:12we saw a ton of people
- 6:14there were half to move kind of people right
- 6:16had a major life event that caused them to have to move
- 6:19a relocation of death a divorce
- 6:20all those things
- 6:21that's where we were generating a lot of
- 6:23our listings from and so as we look back
- 6:27it's really those relationships that you've managed
- 6:29certainly social media you got to stay consistent
- 6:31so your top of mind to those raving fans
- 6:34but
- 6:34this is where people really accelerated their business
- 6:38it wasn't like there was a brand new
- 6:40you know lead generation pillar that came on the scene
- 6:43that just the top producers knew about
- 6:46it was the stuff that they could focus on
- 6:48the relationships the conversations
- 6:50because those top producers have more conversations
- 6:54regularly with the people that already know
- 6:57that can trust them and the people that the no
- 7:00like and trust people refer to them
- 7:02so that's exactly how you kind of stayed even keel
- 7:06certainly my transaction count is down however
- 7:09my transaction volume is fairly stable
- 7:13something to be proud of right
- 7:14top 10 in my entire state of over 1,000 agents
- 7:17currently and growing
- 7:20but that's exactly what it is
- 7:21and so as we kind of head into this separation season
- 7:25understand that your pillars are super important
- 7:28so when you're setting those goals for 2025
- 7:31and looking ahead let's reflect on the past year
- 7:34let's see exactly where those transactions came from
- 7:37even if they're you know minimal
- 7:39where did they come from
- 7:40and how can we build pillars around those businesses
- 7:43around those lead generation
- 7:45you know tactics maybe it was unintentional
- 7:47maybe it was referrals maybe it was industry partners
- 7:50maybe it was open houses whatever that is
- 7:53let's see if we can take those moving forward
- 7:55and so when we're setting our goals for 2025
- 7:58we're gonna look at those and be like
- 7:59okay this worked a little bit
- 8:02obviously I got two people from open houses
- 8:04so what can I do to execute on my open house strategy
- 8:08and take it to the next level
- 8:10so that I'm part of the rise
- 8:12because part of you know what
- 8:14everyone saying
- 8:15in relation to this article that came out
- 8:17about the lowest transaction count
- 8:19since 1995 is that they think
- 8:21and the CEO of our company
- 8:23at our conference recently said
- 8:25he predicts that the market will go up about 10%
- 8:28so I have 10% more transactions
- 8:30this is an absolute game changer for you
- 8:33but we must have the pillars in place
- 8:36because if we're just head on a swivel
- 8:38trying to do everything we possibly can to get
- 8:41a transaction
- 8:42we're not gonna be executing at the highest level
- 8:44in these lead generation pillars
- 8:46and that's exactly what the course that I created is
- 8:49for so if you have questions about that
- 8:51you can comment Foundations Builder in the comments
- 8:54and I'll certainly get you information on that
- 8:56there's also a link below to my webinar um
- 8:59that will take you there as well
- 9:00so if you have any questions on that
- 9:02let's talk
- 9:03but as an agent right now in this goal setting season
- 9:07you can
- 9:08you can't walk out the door without getting hit
- 9:10in the face with a goal setting seminar
- 9:13or a zoom or whatever so do these and go to these
- 9:16but really focus on these pillars
- 9:18and how we're actually gonna get you to the finish line
- 9:21because there is massive opportunity
- 9:23if you had a little bit of a down year
- 9:25if you had a great year let's solidify those pillars
- 9:28and let's absolutely crush 2025
- 9:31and so this wasn't you know
- 9:33meant to be a 2025 goal setting piece
- 9:36but I wanted you to know that the consistent
- 9:39producers have structures in place
- 9:42and systems and processes
- 9:43to continue to go back to the
- 9:45well of the same lead generation
- 9:47pillars that have always worked for them
- 9:49based on their personality and their business
- 9:51and if you can do that let's do that
- 9:53so I hope you got a little something from this
- 9:56I hope you have a couple pillars in mind
- 9:58if you need any assistance
- 10:00please reach out I'd be happy to kind of have a
- 10:03conversation with you
- 10:03to kind of dial in exactly what those pillars can be
- 10:07because my secret is that if those pillars are
- 10:10things that you enjoy doing
- 10:12sphere influence leveraging
- 10:14you know groups that you're a part of
- 10:15and things like that in a positive way
- 10:17then we can really focus on enjoying our life
- 10:20enjoying the moment and
- 10:22continuing to build an amazing business
- 10:24that we call real estate so like comment subscribe
- 10:27we'll see you on the next one bye bye