Latest / The Real Estate Agent Playbook / How Garth Ward LEFT His Own Brokerage & Market for a new market for a better life
Transcript
- 0:00excited to have you on Buddy
- 0:01a fellow Wolf Pack member out of Memphis
- 0:04Tennessee by the way
- 0:06of Seattle as we mentioned on the intro
- 0:08but Garth
- 0:08how's it going man
- 0:10it's going good I'm really excited to be here
- 0:13really excited to talk about the journey
- 0:14and happy to be alive
- 0:17yeah absolutely
- 0:18literally and figuratively we'll
- 0:19we'll maybe go down that road
- 0:21but talk to us a little bit about young Garth
- 0:25getting into the industry
- 0:26and absolutely taking it by storm
- 0:30you know opening up your own brokerage
- 0:32selling homes for athletes
- 0:33tell us you know what
- 0:34why real estate and what that looked like at the
- 0:36at the first first hint of getting into this industry
- 0:40oh gosh
- 0:41okay the very
- 0:42very beginning
- 0:43it was a thought process of wanting to sell luxury cars
- 0:48and my dad who'd adopted me at the time
- 0:50was telling me that OK
- 0:52we'll go talk to those people
- 0:53so we started talking to you know
- 0:56Ferrari Lamborghini dealership sales people
- 0:59he had me talk to them and ask them about their lives
- 1:02and I realized that's not a life that I wanted
- 1:04um then I said OK
- 1:05well what if I sell
- 1:07you know military great equipment tanks
- 1:10missiles stuff like that
- 1:11and he's like well
- 1:11you need to have some pretty strong
- 1:13political connections
- 1:14you gotta have all these licenses and stuff like that
- 1:16otherwise it's against the law
- 1:17I said okay fine
- 1:18fine fine
- 1:18fine and then and of course
- 1:20this is when I was 12 anyways and um
- 1:22this kind of aligned with the last year
- 1:23that I was gonna go trick or treating
- 1:25and I wanted to maximize my candy per step
- 1:28so I'm just very competitive and I
- 1:30I ended up having this thought and I said well
- 1:32what if I found the most expensive houses
- 1:35and I correlated that to the smallest lots
- 1:38because they're gonna be you know
- 1:40the least amount of steps
- 1:42to the highest amount of quality of houses
- 1:44so I could get the most candy in the least
- 1:45amount of steps so I pulled up the public GIS system
- 1:48I didn't know that's what it was called
- 1:49but I said tax record property homes
- 1:52whatever it pulled up
- 1:54and then I ended up creating a ranking value system
- 1:56when I was young and I
- 1:57I took all of the city and I ranked all of it
- 2:00then I just started having fun
- 2:01cause I'm a bit of a nerd
- 2:02and I started ranking all of the properties
- 2:05based on their values
- 2:06and if they sold at the same quarter
- 2:08as another property
- 2:09and then I realized I could create an entire
- 2:10like ESPN style
- 2:12power ranking system of every property that existed
- 2:14and then based on just literal desirability
- 2:17figure out which is more expensive
- 2:19and which should be least expensive
- 2:21and uh anyway
- 2:22I got a lot of candy that year um
- 2:24but that was my first thought like ah
- 2:25maybe maybe real estate is something that I could do
- 2:28so I started thinking about that um
- 2:30and then about a few months into thinking about it
- 2:33I said yep
- 2:33that's just what I'm gonna do of course
- 2:35I thought I was gonna play professional soccer um
- 2:37ended up turning that down instead but um
- 2:40I went straight into real estate as soon as I could
- 2:42at 19 years old after taking a bus
- 2:44riding a bike working five minimum wage jobs
- 2:47to pay for our apartment and uh
- 2:49saved up enough for three months of savings
- 2:52quit all my jobs when I got my license
- 2:54was able to buy a car and forced it to work
- 2:58I closed my first deal about 45 days into the business
- 3:01bought my first bed um
- 3:04year and a half later I owned a house um
- 3:07so when I was about 20 um
- 3:09I bought bought my first place
- 3:10then I moved my parents in with me there
- 3:13then I retired them and said the next year I was like
- 3:16you're never gonna work again um
- 3:17then the year after that
- 3:19I was the top producer at a regional firm um
- 3:22all I did was work harder than everybody else
- 3:24I literally slept in the office
- 3:25I'm not even joking the manager would come and he
- 3:28he had to send me aside and say hey
- 3:31um if you're gonna be here like 4
- 3:335:00 am can you like have a light
- 3:35on or something please
- 3:36because you scared one of the agents
- 3:38when they tried to walk in the office
- 3:39and you happened to be here
- 3:40and I said okay
- 3:41that's fine um
- 3:42and I'm not even joking that that actually happened
- 3:44shout out Michael um
- 3:46but anyways um
- 3:47and and what happened was
- 3:49is I quickly became the top producer
- 3:50at that regional firm
- 3:51they started asking me to join their corporate company
- 3:54and
- 3:54I just didn't really want to go the corporate route
- 3:56and so I sat back and I said okay
- 3:58well what do I want to do and how do I want to do it
- 4:00I know at the age of 21
- 4:02I shouldn't be the top of anything anywhere
- 4:05so I need to do something um
- 4:08I ended up getting headhunted to a luxury firm
- 4:10that was just being created and uh
- 4:12six of the top 10 agents in all of Washington state
- 4:15were coming together to create a new brokerage
- 4:17and they called me randomly that hey
- 4:20we're starting this new brokerage
- 4:21that just doesn't even exist yet
- 4:22would you like to be the first agent that we hire
- 4:25I said uh
- 4:27yeah of course they were all older
- 4:29but they were all selling ridiculous amount
- 4:31I'm talking everything expensive
- 4:33that's them right and um
- 4:36I was like I've never been exposed to that world
- 4:38I grew up with nothing and so I was like okay
- 4:40you gotta show me how to you know
- 4:43sell nice houses like I don't know how
- 4:45what I'm doing for that
- 4:46I was just selling a lot of regular houses
- 4:48and they said okay
- 4:49so I help them grow their company a little bit
- 4:51they help me grow my business
- 4:52they help me understand luxury and the
- 4:55the differences in quality
- 4:56and what the expectation level is of the services
- 4:59of those level of clientele um
- 5:01and yeah that's that's what happened
- 5:04I ended up making that shift to them
- 5:06a year or so later
- 5:08got in heavily into new construction into um
- 5:10land and development and things like that and that I
- 5:14I did that specifically
- 5:15because I Learned the story of Terry
- 5:17and she told me exactly how she became the No.
- 5:201 producing agent in Washington state
- 5:21for over a decade and she told me a very simple truth
- 5:25I started with new construction
- 5:26I sold the new construction
- 5:27neighborhoods that happened to be upper middle class
- 5:30and then I kept just doing that over and over again
- 5:32for a while and all of those people ended up
- 5:34stepping up into higher more expensive homes over time
- 5:38that was it that was her entire thing
- 5:39plus he was like
- 5:40the first person to add in photos under MLS's
- 5:42but that's you know
- 5:44of course we don't have that luxury anymore
- 5:46cause that's already happening um
- 5:48but so I said I'm gonna implement that
- 5:49so I got into new construction
- 5:51I built a massive portfolio um
- 5:53and I I realized that at that point um
- 5:56I was gonna have to um
- 5:59I was gonna have to somehow expand
- 6:01I was always looking to expand
- 6:02and I ended up getting at one point
- 6:04I had 70 or something new construction listings
- 6:06at a time they were all like
- 6:07800 something thousand dollars or so and um
- 6:11and I started having agents
- 6:13come to me and ask to work with me
- 6:15and to join my team
- 6:16and that was never really a thought of mine
- 6:18I never really wanted to grow a team or anything um
- 6:21but I kept having people do that and I was like okay
- 6:24okay and then I end up
- 6:25you know building a small team that wasn't on purpose
- 6:28but I did and then what happened is I end up
- 6:32you know getting a really expensive sale
- 6:35it was still to this day
- 6:36my most expensive sale was $21.7 million
- 6:39it was builder to builder
- 6:41hundred and thirty eight unit deal um
- 6:44and you know when I got that money in
- 6:47I sat back and I thought okay
- 6:49I have more agents asking me to
- 6:52you know
- 6:53to join them and to join me and at the same time that
- 6:57you know
- 6:57I was in conversations to potentially franchise
- 6:59that company that I was at
- 7:01they went quiet I uh
- 7:03and then I had people wanting to join my team
- 7:05and I was like okay
- 7:06but then I closed this deal
- 7:07it was the most expensive deal in the county's history
- 7:10nobody even mentioned it like I and I was like okay
- 7:14something's off I I don't know what's going on
- 7:17but something's off
- 7:18and then we get an email that says hey
- 7:21we're asking for potential errors and omissions claims
- 7:23and I was like hmm
- 7:25this sounds like they're getting valuation
- 7:26metrics to sell
- 7:28and so I sat back and I said what do I wanna do
- 7:31how do I wanna handle it now fortunately
- 7:34I I just got my managing brokers license
- 7:36because I just felt like getting it
- 7:37and so I said you know what
- 7:40I'm gonna start my own company
- 7:41because all these agents are kind of
- 7:42are wanting to come to work with me anyways
- 7:44let's cut out the middleman of the company
- 7:46they don't really care about the company that I'm at
- 7:48I already understand the process
- 7:49I understand the systems
- 7:50I understand how to grow a business
- 7:52I've helped other agents grow a business
- 7:53now I'll just start my own thing
- 7:55so then I did back in 2018 in August first um
- 8:00I got my first office
- 8:02and I planted it with like an 80 square foot office
- 8:05that was behind like
- 8:07it was like a walk up that you had to pass them
- 8:09like dumpsters
- 8:10in the back alley of a place in Puyallup
- 8:13and it didn't even have a window because I wanted
- 8:15I wanted to run everything super tight ship super cash
- 8:18super like chill
- 8:20but then we grew too fast
- 8:22um initially not a lot of people wanted to work with me
- 8:24cause you can imagine
- 8:25I was 23 years old and owning a brokerage
- 8:27um only people that wanted to work with me were either
- 8:30young new or failing
- 8:32that was it
- 8:33that's the only agents that wanted to join me
- 8:35established agents middle aged agents
- 8:36older agents nobody wanted to join me
- 8:38and that's fine because six to eight months later
- 8:43we started getting a lot of those agents
- 8:45because all of the agents that came to work with me
- 8:46started radically producing
- 8:48you know
- 8:48agents that had been in the business for two years
- 8:50never sold a deal came to work with me
- 8:52and then made over $400,000 the next year
- 8:55or over $600,000 the next year
- 8:57same story um
- 8:58over and over and over again
- 8:59anybody that was hand held by me
- 9:01ended up doing radically well
- 9:03and so we ended up growing fairly quickly
- 9:05opening a large office space
- 9:07um and then that continued expanding and expanding
- 9:10we started looking at you know
- 9:12how do we start placing more locations
- 9:14and more locations and then we did
- 9:15we planted you know it
- 9:17we ultimately landed with four locations at the end
- 9:19um with two of them being licensed out and um
- 9:23it was a whirlwind uh
- 9:25it's definitely
- 9:26not something I would suggest that most people do
- 9:28um but that's because I didn't know what I didn't know
- 9:31I just knew I was trying to expand
- 9:33and I thought that was the next logical play
- 9:35um but of course
- 9:36then yeah
- 9:37like you mentioned I ended up becoming a top
- 9:39like I think
- 9:40I was the seventh most productive agent
- 9:41for one of the years there in Washington state
- 9:44and then um
- 9:45you know I've
- 9:45I've had celebrity clients
- 9:46I've done things like that
- 9:47and honestly that's a
- 9:49there's a lot more hype around that than there is fun
- 9:51you're not really dealing with the person
- 9:53you're dealing with their action manager
- 9:55their wealth manager their agent representatives
- 9:57there are you know
- 9:58it's not exactly what you would be LED to believe
- 10:02based on TV and um
- 10:04you know the other thing is
- 10:05is you know
- 10:06with some of those clients um
- 10:08you know
- 10:08part of the reason that they chose to work with me
- 10:10was because I wouldn't say who they are
- 10:12and I still haven't and I won't um
- 10:14and I've never said what those addresses are
- 10:16and I still haven't and I won't
- 10:18and I think that's a really important part
- 10:20when you get into that side of the field
- 10:22because that anonymity goes a very long way
- 10:26and for them to be able to trust your word
- 10:28that you're going to uphold
- 10:30that matters honestly
- 10:32probably more than your competence in the field
- 10:35and um
- 10:36because of that
- 10:36and just like everything in this business
- 10:38we should always be able to honor what we say
- 10:40that we're gonna do and actually over deliver on that
- 10:43and so
- 10:43that's kind of always what I've had in the forefront
- 10:45and so that's what I did anyway
- 10:48long story short I ended up coming
- 10:49and now we're partnered together in a way um
- 10:52yeah I ended up coming to work with the Wolf Pack too
- 10:54um and when I did I um
- 10:59and I'm just diatribing now
- 11:00because I'm going through the whole story
- 11:01but I
- 11:02I when I did that I closed down all my office doors
- 11:05I actually just paid the last month of my
- 11:08commercial lease two months ago um
- 11:11and uh
- 11:13you know I shut down all those doors
- 11:14everything went virtual and you know
- 11:17I sat back and I was talking to Kayla
- 11:19and we were saying okay um
- 11:21before we made this move
- 11:23we were getting offers to sell the company
- 11:25we turn those offers down
- 11:27I don't like the way that they're structured
- 11:28and ultimately a couple million dollars is not
- 11:32like the greatest thing in the grand scheme of things
- 11:34um especially when you have to sign NDA's
- 11:36and then you have to be connected to the company
- 11:38for a few years
- 11:38and all these other stipulations connected to it
- 11:40it's not as good as you'd think
- 11:42that's not working for yourself
- 11:44no it isn't
- 11:45I wouldn't work for myself at all
- 11:47I'd be working for somebody else for three years
- 11:49basically
- 11:49and then there's no upside if and then it's like
- 11:52hopefully everybody stays and it's not
- 11:54it's not good if anybody ever wants to know
- 11:55let me know
- 11:56I'm happy to talk about what that actually looks like
- 11:58um but so anyway
- 12:00we we were getting offers to sell
- 12:02we turned those down
- 12:02we were looking at ways to expand and um
- 12:05we were looking at different places next
- 12:07our next offices would go
- 12:09and we were trying to find spots in the country
- 12:11that were underserved
- 12:13and places that could really use a push
- 12:15from a marketing and advertising perspective
- 12:17and where agents didn't do a great job
- 12:19with communication speed
- 12:21with any sort of auxiliary marketing where their
- 12:24even their photos weren't that great in general and um
- 12:28you know Memphis
- 12:29was a place that popped up on all of the major metrics
- 12:32it was it was a place that does have quality product
- 12:36it has good investment return opportunities and um
- 12:40and and and unfortunately
- 12:41it came up on our metrics as the worst place
- 12:43where agents are um
- 12:45and so we ended up coming out here twice um
- 12:48looking at it and delving into it
- 12:49as a potential next location for an office
- 12:52when we went virtual
- 12:53you know we looked at it and said well
- 12:54you know we really liked it there
- 12:55the people were nice the weather was great
- 12:57the properties are a third of the price um
- 13:01you know maybe
- 13:02maybe it makes sense to
- 13:03to go over there and give it a shot um
- 13:06so you know
- 13:07getting into the move and the transfer of everything
- 13:10you know I moved over here
- 13:12and my main focus was to focus on the team
- 13:14the development of other agents and things like that
- 13:17and I did that for about a year
- 13:18um also we were still settling in and learning the area
- 13:22and you know
- 13:22it was never my intention to necessarily
- 13:24sell homes here at least by any large metric
- 13:28you know that wasn't necessarily the goal
- 13:30because I do coaching and I have the I I
- 13:32I have the the
- 13:33the team and everything else
- 13:35and so I that wasn't the initial thought
- 13:37but what I kept coming across was agents were saying
- 13:41the market's hard the interest rates are hard
- 13:43product isn't moving nobody's selling their house
- 13:45it's all the market's fault
- 13:47and when I would tell them what to do and how to do it
- 13:50and give them a roadmap
- 13:51they would look me in the face and basically say
- 13:53well that's easy for you to say
- 13:54you've sold over $1 billion worth of real estate
- 13:56of course it'll work for you
- 13:58and I was like
- 13:59it doesn't matter that I've been in it for this long
- 14:02doesn't matter that I've done this many sales
- 14:04so I sat back for a minute and I said
- 14:06wait a minute I'm in a pretty unique situation
- 14:09I'm in a market nobody knows me
- 14:11I don't know the market I don't know the neighborhoods
- 14:13I don't have a sphere of influence
- 14:14I don't have any friends I'm effectively a new agent
- 14:18cause nobody cares what I did over in the other state
- 14:21mm hmm so what if I and I
- 14:23and I and I went very public with this
- 14:24I said
- 14:25what if I started from scratch and rebuilt from nothing
- 14:29and I showed you guys all exactly what I did
- 14:31and how I do it would you then listen and say that
- 14:33this is actually just a roadmap that works
- 14:36and I had some people buy in
- 14:37they were like yeah
- 14:38I'd listen okay
- 14:39cool and that was 14 months ago um
- 14:43from those 14 months
- 14:44I think I've closed 57 transactions
- 14:47now in this market center um
- 14:50I think I have 5 on the market
- 14:542 pending
- 14:55and 6 more that have signed listing agreements
- 14:58right um
- 14:59and so so yeah
- 15:02that's that's awesome
- 15:03let's unpack that a little bit and talk about kind of
- 15:05obviously what a story right
- 15:07like going from here
- 15:09all you really had was your word from Day one
- 15:11like you were gonna do it
- 15:12you were gonna sleep in the office if you had to
- 15:14so to speak and you know
- 15:17just continually defying the odds right
- 15:1923 years old owning your own brokerage
- 15:22still pretty young moving across the country
- 15:26you know completely leaving that model behind to
- 15:30you know I mean
- 15:32you had four offices over 100 agents
- 15:34I think in those to transition EXP
- 15:37so tell me
- 15:39like now we know why you did it
- 15:41why you're like okay
- 15:42let's do this production thing again
- 15:43but what was the first thing you did
- 15:45because so many agents are
- 15:48you know they come to me
- 15:49they ask me like well yeah
- 15:50you've sold this amount of homes
- 15:52so what it is but the truth is
- 15:54is that there's no secret sauce
- 15:56there's just hard work and obviously you do that
- 15:59so tell me
- 16:00the framework that you used to jump right back in
- 16:03was it some intricate thing that you found
- 16:06along the way or was it
- 16:08you know oh man
- 16:09I'm gonna I'm gonna let a lot of people down today
- 16:11it's the saddest thing in the world
- 16:13um no
- 16:13it's not it's
- 16:14it's the real it's the truth
- 16:15this is what's real guys um
- 16:17and this is from nothing to what
- 16:1957 or so 14 months ground start
- 16:24um in a terrible market
- 16:25in a bad market right
- 16:27where nobody knows me I don't even have friends right
- 16:30like it's it's dead like
- 16:33and so here's what I did I sat down and I
- 16:37this is the first thing
- 16:38and I know maybe it doesn't make much sense
- 16:40I sat down for an entire day
- 16:43took 10 or 12 hours somewhere in there
- 16:46and I understood the market
- 16:47I researched it I understood it
- 16:49I knew where the prices were
- 16:50I knew what the price points were
- 16:52I knew what the different cities were
- 16:53I understood the demographics in the different cities
- 16:55and everything I wanted to understand
- 16:58I spent one full day doing it intentionally
- 17:02and then I stopped and I haven't done it again
- 17:04because it doesn't matter
- 17:06I had to understand it and then I moved on to action
- 17:10so one I research to understand after that
- 17:13I moved on these days you guys could just use AI
- 17:17right I didn't even think about that
- 17:19and it probably would have been better if I did
- 17:21but I did it the old school way
- 17:22and I just researched it through the MLS's
- 17:24and stuff like that
- 17:25but you do have to read what the AI puts out
- 17:29you gotta read it that's true
- 17:31you do and so
- 17:33so I sat down and I researched after that
- 17:37day two
- 17:39I laid out the game plan of what I was gonna do
- 17:42and how I was gonna do it
- 17:43and I was and I and this is the thing
- 17:45I built that business in less than 25 hours a week hmm
- 17:51it was an intentional 25 hours
- 17:53I did my open house plan
- 17:54which is eight open houses per day on a Saturday
- 17:58per weekend four on a Saturday four on a Sunday boom
- 18:00that's weekends covered during the week
- 18:03it was making sure to hit calls on canceled
- 18:06expireds and for sale by owners
- 18:08to create one post
- 18:10every day on some sort of social media feed
- 18:14and then to add in a little bit of farming
- 18:18in and around the places that I was
- 18:20cold slash warm farming and then
- 18:23I added one little piece of fairy dust on top of that
- 18:26which is pay at close lead systems
- 18:29and I made sure to optimize those systems
- 18:30to my market center
- 18:32and I made sure to optimize my proposals
- 18:34to what would win
- 18:35that's it and then I did it and I did it consistently
- 18:39and to this day
- 18:40all I do is from a production standpoint
- 18:42is I put about 2 hours a day into it um
- 18:47about
- 18:48I wanna say 6 months of doing the open house strategy
- 18:50and then I stopped doing that
- 18:51cause I didn't need to anymore
- 18:52and then I had enough of my own inventory
- 18:54to just do my own inventory um
- 18:57but um
- 18:58most of my system
- 18:59and strategy is predicated on building a listing
- 19:01inventory and in a listing business
- 19:03because that's how you can have freedom um
- 19:06and that's what I did and so out of all those deals
- 19:08I think two of them were buyers
- 19:12right
- 19:13and so obviously people have always wanted listings
- 19:16and now the markets changed a little bit and
- 19:18but you're still selling the houses right
- 19:21agents haven't sold agents haven't sold you know
- 19:2571% of agents haven't sold houses in this year
- 19:27last year whatever the stat is and you're
- 19:30you're going out and doing it
- 19:31you're doing the work and it's nothing crazy
- 19:34you didn't pay a ton of money for
- 19:36you know Red X maybe you did calling all that stuff
- 19:40whatever but it was your time that you invested right
- 19:44and so optimizing your time is perfect
- 19:46and one of the things you know
- 19:47as as one of your you know
- 19:49partners within the Wolf Pack
- 19:50that I notice is that your time is extremely valuable
- 19:53right I always think it's funny
- 19:54because you and I are on most of the Wolf Pack calls
- 19:58the stuff that our our company
- 20:00our group at the at the XP offers
- 20:03and all these other people say
- 20:05they're too busy to get on these calls
- 20:07well I know between the two of us
- 20:09we're selling
- 20:09more than most people that are on the calls anyways
- 20:11right so yeah
- 20:12that's that's where where it's really interesting
- 20:15cause it's about optimizing your time
- 20:17and organizing it and doing it right
- 20:19and having the background knowledge
- 20:21so I mean and when we're talking Seattle and Memphis
- 20:27they're not the same place
- 20:29they're not the same market
- 20:30you roll out of bed in Seattle
- 20:31you can you know
- 20:32list a million dollar house
- 20:34so the you're going after
- 20:37you know a different metric
- 20:38so talk to me about a little bit of the difference
- 20:41something that I opened your eyes
- 20:43in a new market that you maybe weren't expecting
- 20:46when you when you dialed it in
- 20:48in that that day yeah um
- 20:50I think one of the really interesting things that I
- 20:55that I had to understand was
- 20:58the way that people chose their agent was different
- 21:02based on the market and also the
- 21:08the level of marketing wasn't that
- 21:11that decrease in the level of marketing
- 21:13wasn't just by way of not knowing
- 21:16or understanding how to do it
- 21:18but by way of people not wanting to invest into
- 21:22trying to sell the deal
- 21:23because the deals are inherently smaller
- 21:26and so what I committed to very early on
- 21:30is the fact that I wasn't going to undervalue
- 21:34what my marketing and advertising could be
- 21:36regardless of those changes of price points
- 21:39and I think that's what ultimately
- 21:40set me leaps and bounds ahead of the competition
- 21:43um it's interesting
- 21:45because you have a real producers
- 21:47cover photo on the back of your
- 21:49your ball back there right
- 21:51um I will be on the cover of real producers in Memphis
- 21:55one year after joining this area
- 21:58and that's mostly because every deal that I got
- 22:04I pretended like they were million dollar deals
- 22:08and I think that is the biggest way
- 22:10to increase your repeat and referral businesses
- 22:13like when I look back and I say wow
- 22:16this this year so far
- 22:17we've had eight and a/2 months
- 22:19I ended up selling four properties for one guy
- 22:23yeah I end up selling three properties for one family
- 22:27and friends in the same year
- 22:30and and so
- 22:31if you're an agent
- 22:32and you're getting a listing and you're not
- 22:34converting that listing into at least one more deal
- 22:37it's a painful thing to hear
- 22:39but you didn't do that great of a job
- 22:42like that's just the reality
- 22:44because they know other people
- 22:46they know other they're connected
- 22:48and people want people to like them
- 22:52they don't refer us for the most part
- 22:54because they want to be nice to us
- 22:56they want their friend or family member
- 22:57to get the best possible experience
- 22:59that they understand they're like
- 23:00I know if I hand this person to them
- 23:02they're gonna get a great experience
- 23:03similar to the one that I got
- 23:04and so that's why I also had no
- 23:08I gave myself no leeway to say
- 23:11I'm gonna do well here oh
- 23:12this one's cheaper I'm not gonna do it as well
- 23:14not gonna give it as much time because one property
- 23:18for example oh
- 23:19this one's $200,000 why would I care
- 23:22and and I'm still doing 3D tours
- 23:24high quality brochures all the best photos
- 23:26all the things and I sell it quickly great
- 23:28but then that that in turn
- 23:30becomes a double ended off market deal for
- 23:33for $350,000 so you know
- 23:37like two months later
- 23:39right based on a pretty good investment
- 23:41so yeah what what was a was it a good investment right
- 23:44like it's like yes I spent a few thousand dollars more
- 23:48but that's like how the business can grow in
- 23:52in in a very easy way
- 23:53plus when we do the marketing right
- 23:55it becomes a ever living resume of ourselves that right
- 23:59we don't have to
- 24:00necessarily always spend all the money on ads
- 24:02I would rather spend the money on
- 24:04projecting people's properties
- 24:05making them a better outcome in the long term
- 24:08and being able to avoid the
- 24:10is it promotion or pricing conversation
- 24:12especially in a market that's slower like this
- 24:14I break it down to every single seller that I have
- 24:17and I say it's the property
- 24:18the pricing and the promotion
- 24:20if the property is what it is
- 24:21and the promotion is perfect
- 24:23and we'll agree that it's perfect before I hit live
- 24:26if that's all done variables
- 24:28we know the only thing that's left over is price
- 24:30today I got a pricing adjustment
- 24:32it took me one text message
- 24:35I said we need a pricing adjustment
- 24:37we're not getting the metrics that we need
- 24:39they said what do you suggest
- 24:40I told them what I suggest they said no I said okay
- 24:44because I upfront had those conversations
- 24:49and that's such a huge huge deal in this you know
- 24:53conversation is the expectations of the sellers
- 24:55and all of all of the things that are going on
- 24:58and so taking that from just you know
- 25:02to kind of go back to your you know
- 25:04spend a couple grand on marketing to get an off market
- 25:07double ended deal well
- 25:08I mean ultimately that's three transaction sides
- 25:11you didn't have to do the brochures for the off
- 25:13market deal yeah
- 25:14right so
- 25:15so ultimately
- 25:16you spent the same amount of money there on on
- 25:18you know taking three sides
- 25:20but that's that's where it's at
- 25:22and you have to have that reality
- 25:25and I think right now in all of our markets
- 25:27like it's slowing down right
- 25:29it's
- 25:30there's less showings and there's less opportunities
- 25:32and agents are holding on to showings right
- 25:34you know how I know agents are desperate
- 25:36when I'm showing properties to buyers
- 25:39they asked me for feedback before my even
- 25:40my appointment even started in a text message right
- 25:44and so having that you know
- 25:48this is how we do it there's one way to do it
- 25:50and this is how we do it no matter what
- 25:52the price point is a massive separator for people
- 25:56because we're so bogged down on
- 25:59you know this fee and that fee
- 26:01and MLS fee and realtor board fees
- 26:03and then they're like oh
- 26:04I think I can sell it for you know
- 26:06just throw it in the MLS well
- 26:08you could do that for the last 5 years
- 26:10but if you've noticed the people that are
- 26:12continuing to sell houses in this market
- 26:14they've continued to have that market
- 26:17I can't tell you how many times
- 26:18I printed out flyers and was taking them to the
- 26:21to the house and got an offer yeah right
- 26:24like it's just what you did okay
- 26:26great cost of doing business
- 26:27nice part is we can write that
- 26:29off and we're ready to go
- 26:32so that's that's awesome so
- 26:34if you're talking to somebody
- 26:36who's maybe brand new to a market or
- 26:39you know making a move
- 26:41tell me about just like
- 26:43two sentences on winning in any market
- 26:45like that's something that you've done
- 26:48and you've dominated in Seattle
- 26:49now you're dominating in Memphis
- 26:51shout out to the real producers being on the cover
- 26:53that's awesome they found they found the right guy
- 26:56um so what's your I mean
- 26:58what's what's a two sentence
- 26:59banger that you can give somebody for
- 27:01you know to win in any market
- 27:03like where where's that mindset piece
- 27:05okay yeah
- 27:06oh that's a that's a good one
- 27:07okay there's a it's a three part sentence
- 27:11you come at winning in the market
- 27:14with the right mindset and game plan
- 27:16that it's going to happen
- 27:18so the right mindset that it will happen
- 27:20you have to anticipate that it will for it to
- 27:22for the outcome to happen
- 27:24then number two you have to have a game plan
- 27:28and stick to it consistently
- 27:29regardless of the immediate results
- 27:31understanding that this business
- 27:33operates on an echo effect
- 27:34that happens two to three months later
- 27:37and number three you have to develop your ability
- 27:40to properly communicate your value proposition
- 27:43and properly differentiate yourself
- 27:45from the pack of the rest of the agents
- 27:47in your market center regardless of what that center is
- 27:50that's it you have to be able to say what you do
- 27:53and how you do it
- 27:53you have to be able to differentiate it
- 27:55against other agents
- 27:56and you have to be able to follow that path
- 27:58and you have to do the activities
- 28:00that are prospecting related consistently
- 28:02regardless of immediate result
- 28:03that's it right
- 28:04and that's instant gratification is the No. 1 killer
- 28:07I think to success
- 28:08and probably the No. 1 reason that
- 28:10people throw so much money away at these
- 28:14you know fly by night things
- 28:16and that's one thing you mentioned is pay at closing
- 28:18right it's very important to note that
- 28:21he wasn't throwing a bunch of money out on leads
- 28:23and getting anything
- 28:24unless it was part of his marketing package
- 28:26that he was marketing a listing for
- 28:28the pay at closing strategies are key
- 28:31and every market's different
- 28:33I've heard people crush it with upnest
- 28:35I've heard people crush it with Redfin's
- 28:37partner program you know
- 28:38in different markets it just depends
- 28:40I've heard people say
- 28:41they're complete trash where they're at
- 28:43but try so it all depends
- 28:45and now
- 28:45I've helped agents do these specific things across
- 28:48over 30 something states now
- 28:50and there is some differences per state
- 28:53but I can say um
- 28:55you know when I help
- 28:55plug people into all of the different platforms
- 28:58and that's what I advocate for
- 28:59I advocate for plug into every single one that exists
- 29:02because it's free anyways
- 29:03it just takes the upfront time and attention
- 29:06um then from there
- 29:08focus on the ones that are letting you win
- 29:10in their algorithm that's it
- 29:12I mean it you set it up and then it works passive
- 29:15like why would why would agents not do that
- 29:17and I talk to so many hundreds of agents all the time
- 29:20and they'll be like oh
- 29:21I'm not on any of those I'm like
- 29:23it takes you an hour and then you're prospecting
- 29:26they're prospecting for you yeah
- 29:27you're gonna pay if you close something
- 29:29but there's this cost of doing business
- 29:31if you put the money out up front too
- 29:33and you might not close anything
- 29:34and so like you said
- 29:35might be a little stronger than ours
- 29:37just starting out just saying no
- 29:39it it is higher than if you were to you know
- 29:42pay for the leads and create them
- 29:44but you would you would have to sift through the leads
- 29:46you'd have to filter through the leads
- 29:47most online leads
- 29:48have a time horizon of six to 12 months
- 29:51these ones are a little bit more close to fruition
- 29:53so while trying to do things quickly
- 29:55and if you do have no budget
- 29:57it's the best way to do it um
- 30:00because throughout all of those transactions
- 30:02I spent zero dollars on ads
- 30:04yep absolutely
- 30:05and so you know
- 30:07those those people are paying
- 30:09millions
- 30:09and billions of dollars to drive people to those sites
- 30:12and we're we're dropping our you know
- 30:14IDX searches and you know
- 30:17getting ten hundred 200 people a month maybe
- 30:21and these people are driving those people in
- 30:23probably a minute yeah
- 30:24um at times
- 30:25so something to look there
- 30:27so you touched on agents training agents
- 30:29coaching agents um
- 30:31your transition to EXP was very much about this right
- 30:34as you grew your organization
- 30:36and you have these tactical
- 30:38you know approaches
- 30:39your trainings are amazing
- 30:41um talk to me a little bit about your growth and how
- 30:46how this model made more sense than
- 30:49you know your broker owner model that you
- 30:51you had originally yeah
- 30:54I mean oh gosh
- 30:55there's a few things there
- 30:56so No. 1 it was um
- 30:58my initial thought when I owned the brokerage
- 31:01and even when we were getting the offers to sell it
- 31:02it was
- 31:04I'm doing fine now you know
- 31:06I'm making good money now
- 31:08I don't need this but when I sat back
- 31:11and I really had the conversations
- 31:13of what could be offered with this value stack
- 31:16what what could be done in a
- 31:18in proper alignment with other people
- 31:20that knew things better than I did
- 31:22I'm not the best at everything
- 31:23I'm I would argue that
- 31:24I'm really good at a few key things that help me grow
- 31:28and I'm not very good at a lot of other things
- 31:30but um
- 31:32but because of that I
- 31:33I got to talking to a lot of the leadership
- 31:35here at the Wolfpack and I said well
- 31:37they're doing trainings on this and this and this
- 31:39that I don't understand at all or very little
- 31:44and if an agent was to come to me
- 31:46while I owned my brokerage and ask me those questions
- 31:49I would have to basically give them a subpar answer
- 31:54I would have to give them either that or just say
- 31:57I don't know and that's not fair to them
- 31:59and I was looking at
- 32:00what could be my longer term impact
- 32:03and I know a lot of people said um
- 32:06when we when we close down the company
- 32:07oh it must be cause
- 32:09you know he was going bankrupt or it must be because
- 32:12you know
- 32:13he just got tired of running the company or they
- 32:16or they got sued or whatever
- 32:17like they there was so many rumors
- 32:19but I'll put all those rumors to bed
- 32:21we were a cash flowing company
- 32:23we made money every single month
- 32:25after we started the company
- 32:27and put the money in and what happened was
- 32:30is
- 32:30I was looking at the best way to Shepherd the agents
- 32:32to the best vehicle and the best opportunity
- 32:35for the best training that existed
- 32:36and I also wanted to have the most impact possible
- 32:40I understand that
- 32:40my time horizon in the business is another 50 years 50
- 32:4460 years in this business
- 32:46and my goal is to have impact on thousands of agents
- 32:49and to do that through a brick and mortar structure
- 32:52that's a lot of capital to have to lead with
- 32:54and the timeline would be very very long
- 32:57I looked at what that would look like
- 32:59and what it would look like
- 33:00if I did it through this path
- 33:02and I said that's a spreadsheet on Halloween candy
- 33:05yeah I did the same thing yeah
- 33:06I literally said I wanna if if I was to try to get to
- 33:10for example 1,000 or 2,000 agents
- 33:15through the brick and mortar structure
- 33:16it would have taken me a few decades
- 33:19it would have taken me about 20 years
- 33:21is what my math said
- 33:23to get somewhere between 1,000 and 2,000 agents
- 33:25I would have gotten there
- 33:26I have no question
- 33:26I would have gotten somewhere around there
- 33:28in about 20 years mm hmm
- 33:31and then
- 33:33I still didn't see a light at the end of that tunnel
- 33:36because I still had to deal with the compliance
- 33:39I still had to deal with the lawsuits
- 33:41I still had to deal with the legal
- 33:42I still had and that's with staff
- 33:45a lot of people own companies
- 33:46and they don't even have a CEO
- 33:47they don't have a managing broker
- 33:48they don't have managing brokers in each location
- 33:50and admin and staff
- 33:51and transactional support and all that
- 33:53they're just trying to do it themselves I
- 33:55the ability to actually pivot out of production forever
- 33:59and long term is part of my goal
- 34:02that right I wanna focus on helping other agents grow
- 34:04because I authentically
- 34:05feel like I gain more from that
- 34:06from like a
- 34:08like a a feel good standpoint um
- 34:12and so that's where I wanna put my focus
- 34:15and to do that from the brick and mortar model
- 34:18I would literally have to have built that
- 34:21so I would be in it
- 34:22for another 20 years before
- 34:24I'd be able to really focus on what I wanted to do
- 34:26and the impact that I wanted to have
- 34:28and be we'd be geographically restricted
- 34:30so if I was gonna grow my brand online
- 34:33I was gonna grow my presence online
- 34:34and people were gonna find me
- 34:35I wouldn't have been able to partner with them
- 34:38and now when I made the switch
- 34:39it was very very quick that I mean yes
- 34:42a lot of my agents did not follow
- 34:44because we weren't a realtor operation
- 34:46and we were a boutique luxury thing
- 34:48and it was very specific um
- 34:50but ever since I came I've averaged
- 34:54eight to 10 people joining me every single month
- 35:00hmm that was never the case when I owned a brokerage
- 35:04but that's because I was doing everything alone
- 35:07and I could only have people that were like
- 35:10relatively close to the office
- 35:12and arguably I grew very quickly four years and 137
- 35:17that was a very fast growth of a real estate brokerage
- 35:20and honestly it didn't feel fast enough
- 35:23so when I came over here and I said great
- 35:24now we have the best social media training
- 35:26the best online AI training the
- 35:28the great investment training
- 35:3050 hours of training by the top agents of the company
- 35:33plus my training plus my branding and support
- 35:35I was like
- 35:37it would be a
- 35:38a disservice to my own agents not to do this
- 35:41because they're gonna get all of that
- 35:44extra on top of what I do and get paid more money
- 35:49cause I charge a higher split
- 35:50I charge higher fees
- 35:51I charge higher monthly fees higher transactional fees
- 35:53all of it
- 35:54I was a substantially more you know expensive place
- 35:57so I was like
- 35:58I can give my people basically a 50% discount
- 36:01and a better experience and yeah
- 36:04and a culture right
- 36:05the culture that culture didn't even
- 36:07you probably didn't even know about that no
- 36:09I I didn't know it was gonna be as good as it is um
- 36:12right but I
- 36:14I I did understand that
- 36:15I operated a lot of physical locations
- 36:17that almost nobody ever frequented
- 36:19and the people that came to our offices
- 36:20and I did a study on this
- 36:21I did a I'm a big fan of doing studies
- 36:23if you didn't notice I'm a bit nerdy
- 36:25but I did a study on this
- 36:26and I found out that on average
- 36:28we would have seven people at our office per month
- 36:31outside of office trainings
- 36:33and the people that would come
- 36:34and I tracked it over time
- 36:36they were not the productive agents
- 36:37the agents that would come
- 36:38unless they had a closed door office
- 36:41that's different they would
- 36:42like
- 36:43come and get their work done in their office alone
- 36:45if they were just coming to the office
- 36:47and they didn't have one of those closed door offices
- 36:49cause they were like our highest producer
- 36:51um
- 36:52they were new and they would come to the office
- 36:54for the first couple months
- 36:55and then they would never show up again
- 36:57or they were a bubble agent
- 36:59that would close a couple deals every year
- 37:01and
- 37:02consistently be complaining that the market was bad
- 37:04even though I would give them the exact things to do
- 37:06to grow and they just wouldn't implement them
- 37:09uh huh but then we
- 37:10you know fast forward
- 37:11we move over here and work with the Wolf Pack here
- 37:14and the culture is drastically different
- 37:16the people that are coming
- 37:17are the people that are winning
- 37:19the people that are surrounded in the culture
- 37:21are the people that are winning
- 37:22and we don't just try to win from a
- 37:25business perspective we try to win at life
- 37:27and that's also really interesting
- 37:29um it's a very unique thing that I've never seen
- 37:31in my entire career uh
- 37:3313 years four offices in
- 37:35um never seen anything like it
- 37:36and I don't think I ever will
- 37:39um and in fact I think that's shown by the statistics
- 37:41I don't even think that exists even at EXP
- 37:44we can tell that it doesn't exist based on the numbers
- 37:47um that's why we're the fastest growing organization
- 37:50in the world right now um
- 37:51because it's hard to recreate right
- 37:53and it's the global peace right
- 37:55when we have the global peace we
- 37:57we can pour into each other
- 37:59it's not necessarily
- 38:00there are people that get along in the same markets
- 38:03but when you're in an office
- 38:04you know and you have that really good culture
- 38:06at the end of the day
- 38:07there's always this underlying thing like
- 38:09this is my like
- 38:11I have to have my territory
- 38:12I have to protect my boundary and
- 38:15you know being non
- 38:16geographically restricted
- 38:17and plugging a bunch of like minded agents who
- 38:20you know cross paths with Connor or Mike or ourselves
- 38:24you know as we go we're
- 38:26we're just cultivating leaders of the future right
- 38:29and you and I
- 38:30kind of have happened to be on that second tier of
- 38:34of the leaders that Mike has poured into and helped um
- 38:38to cultivate that and basically say
- 38:40you know give it all away right
- 38:43like that you know
- 38:43it's true it's so true
- 38:46I actually
- 38:46it was the craziest thing in the world where I've had
- 38:50I've had it be where agents have come to me and said
- 38:54hey I wanna farm a market that you farm
- 38:58is that okay
- 39:00mm hmm
- 39:01yeah and I sat
- 39:03I sat back for a second I said
- 39:05this is business
- 39:06if you think you can beat me
- 39:08beat me
- 39:10right and it'll be okay
- 39:11go do it like
- 39:12you know and that's what I said
- 39:13I like when when this is when I owned the office right
- 39:16I was just like look
- 39:17you wanna like cause this was like
- 39:19I talk about this farm a lot cause I grew
- 39:21I gained 40% market share in a seven month period
- 39:24seven or eight month period of time
- 39:25and everybody wanted that neighborhood
- 39:28everybody did and and then
- 39:29but people at my office understood that
- 39:30I had all these listings and they were like
- 39:32I wanna farm the Ridge is that okay
- 39:34and I said yeah you wanna do my open houses I was like
- 39:37you you wanna you wanna do it
- 39:39go go for it this is free business
- 39:41I'm not gonna tell you to not do it
- 39:43but the thing is that's interesting is
- 39:45they thought that they had to ask
- 39:48mm hmm and that's the difference here
- 39:51it's irrelevant right I could talk to you for example
- 39:53about everything that I could go
- 39:56literally meticulous detail to meticulous detail
- 39:59and it would not matter
- 40:00cause I don't live in Aurora or whatever
- 40:03you know I think neither do I but close
- 40:06you're close that is cities over there
- 40:08I don't know like the the Denverish market
- 40:12I I don't live over there like
- 40:13it makes no difference right
- 40:15and
- 40:16and I think it's hard for people to wrap their heads
- 40:18around that that haven't been around it
- 40:20because what
- 40:21they're gonna go to the top producer at their office
- 40:22and the top producer is gonna tell them
- 40:24every single thing that they do
- 40:26no no no
- 40:27they're not and
- 40:28and and
- 40:28and it sounds bad
- 40:29and I'm not putting down those top producers
- 40:32but
- 40:33does Coca Cola tell Pepsi what their ingredients are
- 40:36no they
- 40:37they just don't and it's not against them
- 40:40they shouldn't they just add more sugar
- 40:43they they probably do
- 40:44but like the point is
- 40:46is if they're going against Mountain Dew or whatever
- 40:49some other random company
- 40:50I don't think it would matter as much right
- 40:53they're not direct
- 40:55yep absolutely
- 40:56and so as we kind of wrap this up the
- 40:58the family lifestyle of the Wolf Pack
- 41:02carrying through to you know
- 41:04our lifestyles our family revenue share
- 41:06giving us you know
- 41:07that kind of freedom peace down the road as we build it
- 41:12um
- 41:13tell me what it's like to coach or partner with Garth
- 41:16because here's the underlying vibe here
- 41:20hard work consistent effort
- 41:22you know building a brand
- 41:24like how's that
- 41:25because now we have the opportunity to partner
- 41:28necessarily both
- 41:28with both of us right
- 41:30we're in different downlines within the Wolf Pack
- 41:32but partnering with Garth
- 41:34obviously people that watch this show know what
- 41:36partnering with me looks like
- 41:37what's bringing Garth into this
- 41:39look like for those agents
- 41:41yeah oh man um
- 41:43there's a few things and some of it is
- 41:46you know predicated
- 41:46based on the amount of engagement
- 41:48and help that the agent wants um
- 41:50but it starts with another community uh
- 41:53an entire new community
- 41:55with entire breakdowns of my open house plan
- 41:57an entire book of my open house plan
- 41:59hours of content of exact exactly what to do
- 42:02how to do it what to say
- 42:03how to introduce yourself
- 42:04how to pivot buyer presentations
- 42:05seller presentations
- 42:06exactly what to say on every single slide of each
- 42:08one of those that have helped 19 year olds
- 42:10that have never held a job in their entire life
- 42:12win
- 42:12multi million dollar listings against seasoned agents
- 42:15um it comes with branding help branding support
- 42:18the best people who have designed our brands
- 42:20all
- 42:20the best vendors that do all of my marketing materials
- 42:22and um
- 42:23comes with calls every once in a while with me
- 42:25it's like every two weeks
- 42:27and then
- 42:28depending on how much hand holding you're looking for
- 42:31one of our one of my partners said he
- 42:32he called me and he said hey
- 42:34I want help I need to be able to wake up earlier
- 42:36I need to be able to attack the day better
- 42:38and and I know that if I did everything would change
- 42:40and I said OK are you sure
- 42:42he said yeah
- 42:43I was like if you're gonna if you're asking for me
- 42:45you're getting ruthless accountability
- 42:47he said sounds good next morning
- 42:49I sent him a video message at 5:00am
- 42:51as I was completing a half Marathon
- 42:53and I was like are you up yet
- 42:57and I kept messaging him until he replied
- 42:59and so like that's the level of accountability
- 43:02that determines whether you win or not right
- 43:04if somebody says
- 43:05and lays out a plan that is basically foolproof
- 43:07and then you don't fulfill it
- 43:09I maybe this is a harsh thing
- 43:10you're gonna get harsh brutal truth with me
- 43:13I'm gonna say
- 43:13if you don't fulfill the things that you know
- 43:15easily one can control
- 43:17so if it's a controllable and it's and it's doable
- 43:20it's a doable task and you do not complete it
- 43:23you don't deserve to be held accountable
- 43:25and you don't deserve to win in this business
- 43:27maybe it's a harsh truth but I think that's the truth
- 43:30and anybody that looks at themselves and said
- 43:32it's the market it's this
- 43:34it's that it's some external force
- 43:35they need to be told and reminded that it isn't
- 43:37and it's all their fault and taking
- 43:39that ownership is what changes your ability to grow
- 43:41yeah that's funny
- 43:42because that's one of my major coaching points
- 43:45cause I coach a lot more like in transaction stuff
- 43:48right and I just tell my agents
- 43:51I don't care if you know
- 43:54there was a tornado in the roof
- 43:56roof ripped off
- 43:57if you're talking to your client and you just say
- 44:00it's my fault this is what I'm doing to fix it
- 44:03it completely changes the entire narrative right
- 44:08and so taking accountability into those transactions
- 44:11into these harder markets
- 44:13right is absolutely key
- 44:15especially when sellers or buyers are frustrated right
- 44:19we've all had the person be like
- 44:21are you actually representing me
- 44:22or just trying to get this deal done right
- 44:25people have said that they say that I've got the worst
- 44:28man I've got a terrible story for you
- 44:30I I
- 44:31oh man I
- 44:31I could go on forever so I won't go on for you
- 44:35but yeah go ahead
- 44:36go with it I'll go okay
- 44:38I'll give you I'll give you a short version um
- 44:41a guy calls me up wants me to sell his place
- 44:43I say okay
- 44:43I show up to his house
- 44:45he doesn't come up to the doorbell after we're there
- 44:47he's clearly there he doesn't hear it
- 44:49comes to the door I'm like
- 44:50okay sounds good
- 44:51we walk through the house
- 44:52we have a conversation he's losing it a little bit
- 44:54I can tell I'm gonna go a little quickly
- 44:56so he's losing it a little bit and I can tell
- 44:58and that's okay he says
- 44:59sounds good we wanna sell
- 45:00I wanna sell it that's great
- 45:01his daughter was there to like
- 45:03make sure everything was going fine
- 45:05cause he was getting older
- 45:06I said sounds good
- 45:07I'll send you over the paperwork cool
- 45:08he said that sounds great
- 45:10I said okay
- 45:11send it over he can't see it I
- 45:13I'm like what do you mean
- 45:14he was like I can't find my email
- 45:16I said okay
- 45:17that's fine and then I go to the house
- 45:18I help him get into his phone
- 45:20find his email I'm like
- 45:21you want to sign this do you want to
- 45:23he's like yes
- 45:24I was like this is how you do it
- 45:25and I walk him through how to do it on his phone
- 45:27and he's like I didn't even know but when I went there
- 45:29I had to wait 30 minutes for him to come to the door
- 45:31cause he didn't know that I was coming
- 45:32cause he didn't get any of my text messages
- 45:34so I had to walk him through
- 45:35how to actually turn on notifications
- 45:36on his phone
- 45:37and to save me into his contacts on his phone
- 45:39cause he hadn't done that
- 45:40so I helped him do all of these things boom
- 45:42he signs at the deal cool
- 45:43I'm going there to do the marketing
- 45:44we do the marketing I put it on the market
- 45:46then he ends up going to a mental institution
- 45:52perfect so you can't sign anything anymore right
- 45:56his daughter is um at this point facilitating um
- 46:02and uh she doesn't have a power of attorney
- 46:05but I'm working with her to develop
- 46:07a relationship with an attorney
- 46:08so she can create power of attorney etcetera
- 46:11deal with like
- 46:12whether he can pass muster for competence
- 46:14all sorts of stuff
- 46:16by the way this is a 220,000 dollar deal
- 46:20perfect okay
- 46:21um anyway
- 46:22we end up getting an offer they
- 46:24they walk away cause we can't respond in time
- 46:27I had another offer like
- 46:29I'm going to this mental institution with her
- 46:32to help her have the conversations with the people
- 46:35because they're not even treating him like the
- 46:37right or whatever and I'm helping facilitate that
- 46:39nothing transactionally it
- 46:40it just just to help just life right
- 46:43I'm helping with life cause she doesn't have understand
- 46:45whatever cool
- 46:46I'm helping right anyway
- 46:49she ends up getting it uh
- 46:50we end up going under contract then
- 46:53um we're like
- 46:54okay cool
- 46:55this is going well and then we find out with title hey
- 46:57there's a problem um
- 47:00this property's never been sold
- 47:02it was built by his dad who died
- 47:08and then uh
- 47:09but he had two sons and the other son died
- 47:13so they just assumed it was his
- 47:15but the other son had died with sons
- 47:17so now there's these sons of the son
- 47:20who have ownership interest in this property
- 47:22that don't know that it exists
- 47:23and none of it's been conveyed to anybody
- 47:25and I'm just calling her and letting her understand it
- 47:27because the attorneys are trying to explain it
- 47:29and she doesn't understand
- 47:30and she's like what do you mean
- 47:32you're saying telling me that it's not his house
- 47:33I'm like well
- 47:34I'm telling you that only partially
- 47:36it's only partially owned by him
- 47:38and they own some of it
- 47:39and like it became a whole thing
- 47:41and anyway long story short
- 47:44she stops wanting to talk to me
- 47:45she has a representative
- 47:47call me who acts like an attorney who isn't an attorney
- 47:49some random friend
- 47:50lady who wanted to talk to me about things
- 47:52I talked to her she's really antagonistic
- 47:54it's a whole thing back and forth
- 47:56then long story short
- 47:57we're still going through this contract
- 47:59then he passes away
- 48:02now it's mandatory
- 48:0460 day waiting period
- 48:05before we can transact and close the property anyways
- 48:07so now I and
- 48:08and we have to get death certificates
- 48:10and everything else
- 48:10and she doesn't want to deal with the signatories
- 48:13because she
- 48:14they're estranged with that aspect of the family
- 48:16and the whole thing so then I'm go
- 48:17like she's yelling at me the
- 48:19the other person's yelling at me like it's all my fault
- 48:22hmm
- 48:24yep so what would you say
- 48:26so I said totally understand it
- 48:31I wish there was something I could have done up front
- 48:33and it's it's my fault
- 48:34I didn't catch this in the beginning
- 48:36what what I want us to do now is
- 48:38everything we can do to rectify it
- 48:40because this could have like if
- 48:42for example you guys don't sell it
- 48:45they said you just want a commission
- 48:46you just want us to sell it
- 48:47I said look
- 48:48sell it or don't sell it I've been here to help you
- 48:51but if you don't sell it I'm not an attorney
- 48:54and I can't give you this legal advice
- 48:55but in my opinion
- 48:59the other sons would have the ability to come
- 49:02ask for back pay on this deal
- 49:07but if we sell it and we go through the course of this
- 49:10and we track them down get and we come to them saying
- 49:13hey here's a bag of money
- 49:15they're probably not likely to do that
- 49:20and she goes yeah
- 49:21I guess that kind of makes sense I'm like yeah
- 49:24and alright so then I helped them find it
- 49:26I find them I helped
- 49:28I went to the house of the people to get it signed
- 49:31and do the thing and and ultimately yeah
- 49:34it is it ends up closing and uh
- 49:36she gets less money than she thought she would get
- 49:38and whatever
- 49:39but it's because the title was never handled properly
- 49:42and he didn't really own it the whole time
- 49:43and everything else
- 49:44but that's after being told that it's my fault
- 49:48after being yelled at multiple times after
- 49:51after going to deal with mental facilities
- 49:53after dealing with the death of the client
- 49:55after walking her through with attorneys and attorneys
- 49:57to set up
- 49:58power of attorneys and all the different things
- 50:02that's the level of service that agents
- 50:04need to be able to give their clients
- 50:06even at 220,000 dollar price points
- 50:09to allow yourself
- 50:10to come to new clients with conviction
- 50:13and say I will do the best possible job for you
- 50:16I'll do it
- 50:16I'll tell you one that I'll leave it at this
- 50:19the
- 50:19the most powerful thing that I'm able to tell people
- 50:21now and it was funny in the moment
- 50:23but now it's not funny cause I get to use it
- 50:25when I got shot and I'm in an ambulance
- 50:28seven minutes later
- 50:29I still don't know if I'm dying or not yet
- 50:31I got the word that we closed on a property
- 50:33and I was back and forth texting a client
- 50:35letting her know that we had finished
- 50:37that it had been ratified
- 50:38and the funds would be sent over
- 50:39and everything else literally time stamped
- 50:42I have evidence I've seen the screenshot
- 50:46when a client comes to you and says
- 50:48how do I know you have my back
- 50:51you need to be able to come to them with receipts
- 50:54and show them the way that you will go to bat for them
- 50:58right and that's what can win transactions right
- 51:03and and lifelong fans right
- 51:05and people that are gonna refer you
- 51:07and people that are gonna
- 51:08gonna do all the things so absolutely incredible Garth
- 51:11um obviously
- 51:13you know
- 51:14looking through co sponsorship and all those things
- 51:16I'm so excited to pour into some of these agents
- 51:19um with you as a partner
- 51:21where's a good place for people to follow you
- 51:23I know you're getting a YouTube channel going
- 51:25I know you're doing doing stuff on Instagram
- 51:27so where are those spots we'll also tag them below
- 51:30but what's the name yeah
- 51:32you can look me up uh
- 51:33just type in Garth Ward on YouTube or the Garth
- 51:35Ward is the user um
- 51:37and same thing on Instagram
- 51:38the Garth Ward on Instagram is good place to find me um
- 51:41if you guys happen to stumble across that channel
- 51:44and book a call with me and you found me here
- 51:46make sure to
- 51:47mention in the comments that you found me through a
- 51:49Jeremy's video here um
- 51:52that way I understand how you even found me
- 51:54um and yeah
- 51:56we'll see you over there I do a lot of trainings
- 51:58I do a lot of just fun entertaining videos
- 52:00I do things where I'm miss
- 52:02mentioning how to stay more accountable with yourself
- 52:04and some casual life commentary as well
- 52:07and just kind of a behind the scenes
- 52:09on the Instagram side of things
- 52:11absolutely crushing it too
- 52:13so uh great
- 52:14great chatting with you Garth
- 52:16we'll catch you next time on the Wolf Pack way
- 52:18like comment subscribe comment
- 52:20co sponsorship
- 52:21if you want us to uh collaborate together to uh
- 52:23bring some success to your business with your input
- 52:27of course we'll talk to you soon