Latest / The Real Estate Agent Playbook / Better Together: Elevating the Real Estate Industry, One Agent at a Time
Transcript
- 0:00what's up agents
- 0:01I'm here to tell you uh that I am on a mission
- 0:05I'm on a mission for impact
- 0:06I'm on a mission
- 0:08to help as many agents as I possibly can no
- 0:11this isn't about joining any organization or downline
- 0:14or anything like that but
- 0:16the proximity to other agents really fuels my energy
- 0:20and my success
- 0:22so we're gonna talk a little bit about this
- 0:23we're gonna talk about some reasons why
- 0:25growing your agent uh group
- 0:28growing your agent you know proximity
- 0:31whatever that is
- 0:31is so important to help you grow your business
- 0:34whether you're a brand new agent
- 0:35or a tenured agent that maybe is just
- 0:38you know stuck in the MUD a little bit
- 0:40I truly believe that if agents come together and
- 0:44you know work in unity
- 0:46this can really energize your business
- 0:49it will make you understand and help you you know
- 0:53be a better agent
- 0:54and we're gonna dive into all of those reasons and why
- 0:57this is always been something in my business
- 0:59back when I was at another brokerage
- 1:01where I didn't get compensated
- 1:02for partnering with agents
- 1:04it still
- 1:04was important to me to have good relationships
- 1:06we're gonna dive in all of that and more
- 1:08and some reasons why regardless of where you're at
- 1:11you should really focus on these agent relationships
- 1:13so stay tuned
- 1:19what's up guys Jeremy Kane Real Estate Agent Playbook
- 1:21helping you win every single day at the game of real
- 1:23estate
- 1:24the truth is that we built this channel to help agents
- 1:29all around the world all around the globe
- 1:31understand that this business is fairly simple
- 1:34if you can you know focus on a few things
- 1:37I happen to be really good at sphere of influence and
- 1:40you know
- 1:40organizing a business and industry partnerships
- 1:43and organically growing a business
- 1:45so if you like what you hear
- 1:46I you know do collaborations on here
- 1:49I talk about all my strategies
- 1:50I give it all away because the truth is
- 1:53I wanna have a positive impact on you
- 1:55your business and hopefully that
- 1:57you know leads to a flourishing family
- 2:00and you meeting all your goals
- 2:02so if you like what you hear
- 2:03like comment subscribe
- 2:04but let's get right into it
- 2:06so this is something that every agent goes through
- 2:09every agent that I coach
- 2:10every agent that I talk to is always like
- 2:13why would I hang out with a bunch of agents
- 2:14why would I you know
- 2:15post on Instagram and build an Instagram following
- 2:18that's all agents truth is that there's power in this
- 2:21in this week alone
- 2:23I have seen that come to fruition several times
- 2:26I'm gonna talk about a couple of those instances
- 2:30and we're gonna talk about
- 2:31you know some really good reasons why
- 2:33growing your agent sphere is super important okay
- 2:36so first things first is client success
- 2:38we are all in this business to help our clients
- 2:41buy and sell real estate
- 2:43agent relationships have helped me so much
- 2:46within that specific realm right
- 2:48we're not talking about you know
- 2:50getting contracts accepted or anything like that
- 2:53we'll talk about that in a little bit
- 2:54but
- 2:56you know just the fact of having positive relationships
- 3:00speaking positively about the other agent
- 3:03right in the transaction
- 3:05it makes for a better transaction for your client
- 3:08it's more success that they are after
- 3:11and if you are always you know
- 3:12bad mouthing the other side
- 3:14and absolutely this and absolutely that
- 3:15we all come across you know
- 3:17stressful situations where the agent seems to be
- 3:20you know so difficult and all the things
- 3:23but at the end of the day
- 3:24their job is to represent their client
- 3:26and my job is represent my client
- 3:29and our goal
- 3:30collectively is to bring a buyer that wants to buy in
- 3:32a seller that wants to sell together
- 3:34coming to a conclusion executing a contract and
- 3:38and finishing that on that contract and moving forward
- 3:41and so talking to other agents and having
- 3:44you know an idea of what's coming on the market
- 3:47especially in tight inventory markets
- 3:49what are we looking at having an agent that
- 3:51you know as a professional on the other side
- 3:53but building these relationships within your community
- 3:56right as I've
- 3:57you know
- 3:57gotten in this business and now I'm 11 years in it's
- 4:01it's absolutely key to have those relationships
- 4:04and I honestly think that there's probably not one
- 4:07agent in my market that would say oh
- 4:09I don't wanna work with Jeremy right
- 4:11I I know how he does business you know
- 4:13whatever I'm a
- 4:14I'm a very good negotiator I work hard for my clients
- 4:17but I also want you to understand that my relationship
- 4:21with the other agent lets them know right
- 4:23I know that the other agent when they do know me
- 4:26not every agent knows me is telling them that
- 4:29you know
- 4:29they have a really good profession on their side
- 4:31and this is all you know
- 4:33part of the process and this is what we're doing right
- 4:35so
- 4:36having that mutual respect within transaction is huge
- 4:39now back to you know
- 4:41before um I've gotten
- 4:43you know offers accepted
- 4:44where I'm not the highest bidder because of
- 4:46you know how I wrote the contract
- 4:48or how I presented the entire offer
- 4:51the whole ball of wax
- 4:52and I've also gotten contracts accepted
- 4:54because people are like
- 4:55I wanna work with you on the other side
- 4:56cause I know that you know
- 4:58we're gonna get to the finish line if at all possible
- 5:01right and so um
- 5:03they know that I'm doing the homework on the front end
- 5:05and they know all this
- 5:06but it's all because the relationship right
- 5:08and it's all about helping each other get
- 5:11get to where it is
- 5:11and that kind of leads me into the next piece is power
- 5:14is proximity right
- 5:16proximity is power rather
- 5:19but when
- 5:20you're around
- 5:21agents that are performing at a higher level
- 5:23this was a massive jump for me when I went from
- 5:26you know my local transaction brokerage
- 5:29where it was kind of every man for himself
- 5:31on an island we were all competing in the same
- 5:33you know brick and mortar office and you know
- 5:36everyone was doing something a little bit differently
- 5:38I still operated from a mindset of abundance there
- 5:40and helping other agents
- 5:42but it was just a different culture
- 5:43to when I joined the
- 5:45the global group that I'm with now
- 5:46the wolf pack of EXP and just having relationships
- 5:49right there is not
- 5:51one day that goes by that I'm not talking to a
- 5:53producer from another you know
- 5:55town in the last hour I've literally talked
- 5:58to two agents in smaller markets that sell
- 6:00like 75 houses a year right
- 6:02and they're talking about referrals
- 6:03and they're talking about
- 6:04you know what they're doing
- 6:06and they're talking about what they're
- 6:07seeing in their market and we're able to have those
- 6:09conversations on a pretty high level
- 6:11into brainstorm
- 6:12and to support each other in the harder times
- 6:14and help each other like okay yeah
- 6:16it's brutal right when I'm doing 75 deals a year
- 6:19it's just hard right we can't opt
- 6:22operate
- 6:22at that high performance level for very long as agents
- 6:26so we need to you know
- 6:27either find something else as a managing broker
- 6:30a team leader you know
- 6:31maybe grow an organization like I'm doing or whatever
- 6:34but there's it's really hard to operate at an extreme
- 6:37high level as an individual
- 6:39for very long and so
- 6:40being around these
- 6:41other people that have been through that
- 6:43they've been through that piece in their career
- 6:44they've they've gotten over that hump
- 6:46or maybe they've started a team or whatever
- 6:48that's that's absolutely massive
- 6:50and it just causes you to level up right
- 6:52when you're the biggest fish in the small pond
- 6:55or even a big pond right
- 6:57there's always another
- 6:58another lake or another ocean for you to get into
- 7:01and instead of being intimidated by that
- 7:03it'll help you grow your business
- 7:05and will absolutely explode right
- 7:07as you as you kind of continue to build this and you
- 7:11you know talk to people and so on
- 7:12like
- 7:13I had somebody reach out to me the other day based on
- 7:16you know both client success and proximity right
- 7:19I don't remember
- 7:20I think this was actually just a Facebook
- 7:22referral that I you know
- 7:24had and I closed the transaction
- 7:25and I had somebody text me the other day and was like
- 7:28hey this person just referred me to you
- 7:31and I didn't hear from that agent
- 7:33I didn't hear from anything
- 7:34absolutely I'm gonna pay that agent a referral
- 7:37cause clearly he gave this client my name
- 7:39but I still haven't talked to him
- 7:40I've had the I've talked to the client
- 7:42they're talking with the lender
- 7:43we're gonna
- 7:43see some homes and we're gonna get them into that home
- 7:46and then I'm gonna go reciprocate and be like
- 7:48hey dude thanks for handing out my name
- 7:50like here's 25% of the commission
- 7:52you know
- 7:53based on our referral agreement that isn't even here
- 7:55I don't have it right
- 7:57I could very easily just walk away and
- 7:59not be a good person and
- 8:00you know do that
- 8:01but that's kind of what it is
- 8:03and so I think that that's absolutely massive
- 8:06you never know when somebody's gonna be that you know
- 8:09pipeline from that one area right
- 8:11typically as agents
- 8:12we we have an out of state referral and you know
- 8:15hopefully you know
- 8:16that happens
- 8:17but the truth is that there's migrant patterns
- 8:19and people are moving from this location
- 8:21to my location obviously
- 8:23so two referrals within a year from the same agent is
- 8:27is exactly what I want right
- 8:29that's just a testament to how I operate
- 8:31and how I do that so you never know
- 8:34you know
- 8:34when you're gonna be around someone when they you know
- 8:36hear somebody talking about you
- 8:38so having agent relationships across the board
- 8:40if you have access to a global network
- 8:43like we do at the Wolf Pack
- 8:44absolutely key right
- 8:46and it's not just a you know Facebook
- 8:48it's not the fake gifts we're not blowing up sending
- 8:51you know
- 8:51having posters at rallies or anything like that
- 8:53we're just operating as professionals and that is you
- 8:58know absolutely gonna grow
- 9:00if you continue to do this
- 9:01and build these relationships
- 9:02and support each other on social media
- 9:04do all these things
- 9:05so that proximity is absolutely huge
- 9:08so instead of pushing it away
- 9:10and kind of building on your own island
- 9:11whether you're at a brokerage
- 9:13that is extremely collaborative
- 9:14there's still that secret sauce kind of mentality
- 9:18or maybe you're not at a you know
- 9:21maybe you're a small boutique brokerage
- 9:22you can still collaborate with other agents
- 9:24of other brokerages
- 9:26and grow a network that actually means something and
- 9:29and will eventually pay dues
- 9:31I'm not reaching out to agents and you know
- 9:33Texas or whatever
- 9:35in order to get that specific referral right
- 9:38it's a shot in the dark
- 9:39there's millions of agents case that
- 9:42you know who's to say that
- 9:43that agents even gonna make it in this industry
- 9:45but it's just to help each other out
- 9:47just to be around just to maybe get one thing
- 9:50I mentor and coach hundreds of agents a year
- 9:54and I get something from every single one of them right
- 9:56to help me be a better coach
- 9:58to help me be a better agent to help me be a better
- 10:00you know dad or husband or whatever
- 10:03because there's so much more to this life
- 10:05than just that commission check
- 10:06at the end of the transaction
- 10:09and then the next thing is why you wanna operate
- 10:11that is you never know right
- 10:13just yesterday
- 10:14I was talking to an agent who's in my local market
- 10:17who is at my brokerage
- 10:18but is kind of been a competitor
- 10:20based on other agents and things that were
- 10:22were working on partnering with and so on
- 10:25and he had put something out on
- 10:27a general Facebook place and I said hey um
- 10:30I I'd be happy to help
- 10:31I sold some houses in that neighborhood
- 10:33we had a 30 minute conversation about the house
- 10:35we looked at comps together
- 10:37we talked about maybe some pitfalls and you know
- 10:40is a super unique listing
- 10:42and at the end of it he was like Jeremy
- 10:43that was amazing you've helped so much
- 10:45you give me confidence and you know what I was saying
- 10:48truth is he's a tenured agent
- 10:49he's done 200 deals in five years right
- 10:52and it was still just like hey
- 10:55I I have some questions about this right
- 10:57I didn't wanna get that referral
- 10:58I didn't have any intention to have any part of that
- 11:02and it was it was an awesome conversation
- 11:04I got to hear some of his strategies how he prices it
- 11:07it's not lonely at the top
- 11:08so having that ability to collaborate
- 11:11and bring agents together is
- 11:12is why I'm here it's my mission right
- 11:14it's it's the whole purpose of helping you get a win
- 11:17every single day at the game of real state
- 11:19but it it's true and I mean it
- 11:21but as an agent as a newer agent
- 11:23sometimes we're shy away or
- 11:25you know our mentors are telling you that
- 11:27you know don't go to that networking event
- 11:28don't talk to the other agents
- 11:30like you're all you're all in it for the same thing
- 11:32closings happen every day right
- 11:35if we are so scarce
- 11:36that we are operating on getting that one closing and
- 11:39you know maybe possibly putting our
- 11:43you know relationships with industry partners at risk
- 11:46that's absolutely the case
- 11:47the case and it's probably not gonna be
- 11:50long until you're out of the industry right
- 11:53we have to come together
- 11:54especially while we're under fire right
- 11:57I don't know how many times I've heard
- 11:58real estate agents compared to used car salesmen right
- 12:02it's absolutely not the case
- 12:03like we are a professional group of individuals
- 12:06and operating in that realm includes
- 12:10you know being appropriate
- 12:12and having positive relationships
- 12:14and keeping that professional line
- 12:16even when it's challenged
- 12:17and so we are better together right
- 12:20we can alone bring this industry forward
- 12:23and we should always be trying to move it forward
- 12:25regardless of NAR settlements and
- 12:28you know all of this stuff
- 12:29we have that ethical piece
- 12:30regardless of Realtor board
- 12:32if you are a NAR member not a NAR member
- 12:34like let's operate in a professional level
- 12:36and continue advancing this industry forward
- 12:39because the truth is
- 12:40we're absolutely needed now more than ever
- 12:43with all the news and how it's traveling so quickly
- 12:46and you know you see it right
- 12:48the minute that the Fed cuts the short term rate
- 12:51which you know
- 12:53doesn't have a direct impact on the mortgage rate
- 12:56I get it like it's a general idea of economy and so on
- 12:59so forth but there's
- 13:01there's
- 13:01people just predatorily grabbing out for refines
- 13:04like let's get refines let's start your refunds
- 13:06maybe it's not time right now
- 13:08like let's look at the whole picture
- 13:09instead of just worrying about
- 13:11you know as lenders that closing costs or as agents
- 13:14that next commission right
- 13:16I had a situation today
- 13:18it was a sign call and I was talking to this
- 13:21this couple and
- 13:23you know
- 13:23it's very clear that they easily would have been like
- 13:25yeah let's sell this place
- 13:27but I was like well
- 13:28what if you rent out that place
- 13:30because this place suits your needs a little better
- 13:32you don't have a mortgage on that
- 13:33so the rent on that would pay the new mortgage on this
- 13:36and you're you know
- 13:37gaining appreciation on two pieces of real estate
- 13:40verse one and I
- 13:41I had a moment of thought where I was like huh
- 13:44I wonder what all agents would do
- 13:46I want my clients to grow well through real estate
- 13:48so I know that holding on to that property
- 13:51in this situation if they're able
- 13:53is absolutely the the way to success
- 13:55and so when I step back and really think about that
- 13:58I want that for other agents
- 13:59I want other agents to feel that too
- 14:02and it was really interesting
- 14:04because until I came to a brokerage
- 14:05where I could partner with other agents and
- 14:07you know grow my income that way
- 14:09and help and assist in ways that I wanted to
- 14:12and I didn't have to have the liability of a broker
- 14:14and all the things but I always operated this way
- 14:17I always operated as you know
- 14:19I'm a team player let's grow relationships
- 14:21because if I screw up one relationship
- 14:24and that person is a listening agent
- 14:26on the other side of a deal
- 14:28and my client doesn't get it
- 14:30then I failed right
- 14:31and so that's just the basics
- 14:33but think about all of the amazing opportunities
- 14:36their lives and agent relationships
- 14:38and that's what I hope I leave with you today
- 14:41and I know this is a little bit of a different one
- 14:43but make sure that you are doing everything you can
- 14:46to grow those relationships
- 14:47because you never know when
- 14:50that relationship could change your life
- 14:52so hope that helps like comment subscribe
- 14:54share the podcast and we'll see you next time bye bye