Latest / The Real Estate Agent Playbook / 🔥 CRUSH It in Real Estate: How SPHERE of INFLUENCE Guarantees Success! 💼
Transcript
- 0:00Do you find it funny when the market shifted, all those team leads said, Hey,
- 0:03start bringing your sphere of influence, start bringing all that back into play.
- 0:07All of a sudden the cold calls dried up.
- 0:09Everything dried up.
- 0:10Well, I'm here to tell you the absolute winning strategy to win in this market
- 0:13right now has nothing to do with the traditional lead generation pieces
- 0:18because as the market has shifted and transactions are down 30 or 40%,
- 0:22So are those leads as disclosed by somebody who I know who built their
- 0:26business through cold calling and said exactly that on a call I was on today.
- 0:30So stay tuned.
- 0:30I'm gonna give you the winning strategy in this market right now
- 0:34that you can absolutely do no matter if you know a million people or
- 0:38you know one person in your market.
- 0:40Stay tuned.
- 0:46What's up guys?
- 0:47Jeremy Kane, the Real Estate Agent Playbook.
- 0:49Excited for today to give you this winning strategy of right now in this
- 0:54market, what you can do, what I've done to have a consistent business.
- 0:58Over the, the recent months, even when things are changing and markets are down,
- 1:02I'm right where I need to be, right where I should be as far as my business goes.
- 1:07But first, please like, comment, subscribe.
- 1:08If I say something that you know resonates with you, please gimme a comment.
- 1:12I would love to hear your feedback.
- 1:14If you're listening on, you know, the podcast, please share with
- 1:17your favorite real estate agent.
- 1:19We're looking to grow that community as well.
- 1:20But let's get into this winning strategy.
- 1:23First things first, I think one thing that I've realized is my
- 1:26business is my sphere of influence.
- 1:27So I'm driving everybody, all my contacts from my past, from my high school, from
- 1:33my college, from, you know, previous jobs.
- 1:35They're all what my, my family, my friends.
- 1:37That's what my sphere of influence was built around.
- 1:40But now my goal is every new relationship to bring them into my sphere of influence.
- 1:44So that they are getting the constant communication.
- 1:46They are seeing my education and my willingness to absolutely bend over
- 1:51backwards for my clients and do the right thing and do this business correctly.
- 1:55And so understanding that as a sphere of influence versus, oh, just
- 1:59sphere of influence is who I know.
- 2:00Was a game changer for me and has allowed me to continue to build that
- 2:04up, you know, over time and absolutely take advantage of this market because
- 2:10I already have a group of people.
- 2:12I already have that database that I can go back through and I can
- 2:15say, okay, who's the winners?
- 2:17Let's reach out to here.
- 2:18Okay, this person just had a baby.
- 2:19This person just had a death in their family.
- 2:21This person.
- 2:22Just had a kid graduate.
- 2:23All of those reasons that people are actually selling homes right now, I
- 2:26have a list of people that already know I can trust me or that I have built a
- 2:30relationship with that I can go call on.
- 2:33And then it's not the cold call, right?
- 2:35It's not, you know, looking for the general market for the
- 2:38new clients and all of that.
- 2:40I always say, people ask me, you know, what's, what's your strategy
- 2:44to get as many listenings as you do?
- 2:45And I say, well, You're gonna list homes, you have to talk to homeowners,
- 2:48and that is as simple as it is.
- 2:50A lot of those people in your database, especially the people that
- 2:53purchased from you, are probably the lowest hanging fruit in your
- 2:57database that you can connect with.
- 2:59So that is the sphere of influence, kind of visual that I have.
- 3:03It's very different than other people.
- 3:05So now everybody that comes into this, everyone that I
- 3:08have, True relationship with.
- 3:10They get my stuff and they're constantly, I'm constantly in front of 'em, constantly
- 3:14top of mind, constantly providing value, which is something that, that is very
- 3:18important to the, to the, you know, deal.
- 3:21But if you can actually look at that and be like, okay, I
- 3:25do have a sphere of influence.
- 3:26I've been here for five years.
- 3:27I do talk to people.
- 3:28I have had other jobs, I have done this, I have done that.
- 3:30I have, you know, a significant other that has also.
- 3:33A sphere of influence that she talks to, then it kind of changes the game.
- 3:37As far as you know, I don't have a lot of friends here.
- 3:40I don't have a lot of family here.
- 3:41Your sphere of influence is everyone you come in contact with if you have
- 3:45a process and then a system behind it.
- 3:47So today, while you're watching this episode, make a list.
- 3:51Where's your dream team?
- 3:52Who are the people in your sphere that are connected who can absolutely
- 3:56help you grow your business?
- 3:58Write that list out and send it to me in an email.
- 4:01Just kidding.
- 4:02Don't send me your sphere of influence.
- 4:03That was a joke, but write that list out.
- 4:06Take action.
- 4:07Start to make those connections with those people who you have
- 4:10identified as the most important.
- 4:12Maybe it's the 10 people that you think are closest to purchasing a home.
- 4:16Maybe it's the 10 people who are owners of businesses that you can
- 4:19reach out to, that you can highlight on your channel or whatever.
- 4:22Whatever it is.
- 4:23Make a list of those people kind of a dream team and
- 4:26hold yourself accountable to.
- 4:27Build those connections and don't build those connections with, hey,
- 4:30you know, do you know anyone who wants to buy or sell, provide value?
- 4:33Right?
- 4:34Hey, I'm, you know, a real estate agent.
- 4:36I'm building a vendor list.
- 4:37Can I drive business to you?
- 4:38Hey, you know, I have this first time home buyer seminar absolutely free.
- 4:42If you don't have any interest in buying a home, come have a free glass of wine.
- 4:45Anything like that.
- 4:46Providing value will get the conversation started.
- 4:49Will give you the position in their minds of the expert in your chosen field.
- 4:55Which probably by now you realize is real estate.
- 4:58If you're still watching this video, the next thing we gotta, we gotta talk about
- 5:01that is introduce those modern strategies.
- 5:03You must have some place to send people to.
- 5:07Usually that's digital.
- 5:09I know a lot of you're old school maybe aren't on social media, maybe are.
- 5:12But if you have those social media places, make sure that you're strategically
- 5:17sending people to the right places.
- 5:19If all of your Facebook's about first time home buyers don't, don't send
- 5:24your move up buyer to that place.
- 5:25Maybe your Instagram's more about move up buyers and all these great
- 5:28families that you've helped move up.
- 5:30Whatever, but just have a plan.
- 5:31You see, and, and that was a pretty stark plan.
- 5:33You're probably not that niche down on your social media.
- 5:36But also with that said, don't send somebody who doesn't have an Instagram
- 5:40to your Instagram that you have to understand your audience and make
- 5:44sure that you're connecting with them, you know, in a more modern way.
- 5:48Outside of, you know, the, the typical mailers or door knocking or that kind
- 5:52of stuff, you have to have a place to send them when that humanistic
- 5:55face-to-face connection is made so that they can, you know, you can continue
- 6:00to be top of mind because no matter what people say, sure, you know, belly
- 6:05to belly, this, that, the other thing, we still are, our attention span is
- 6:09intentionally being shortened day by day.
- 6:11So we need to make sure we're staying ahead of that game.
- 6:14The next thing I'm gonna say about social media is people oftentimes are
- 6:17like, oh, I have to have an Instagram.
- 6:18I have to have a YouTube.
- 6:19I have to have this.
- 6:20If that's you and you're trying to build them all at one time, stop.
- 6:24Go to the one where most of your people are.
- 6:26I was just, Meeting with one of my agents today for his onboarding
- 6:30meeting and he said he had, you know, the most connections on
- 6:33LinkedIn 'cause his past life.
- 6:34I said, well let's use LinkedIn.
- 6:36We don't have to reinvent the wheel.
- 6:38We can just pivot just a little bit.
- 6:40Include your real estate stuff on that channel, and those
- 6:431500 people are already built.
- 6:45Those are the people that are gonna help you get into the game and get commissions
- 6:48rolling and get referrals rolling.
- 6:50So just take a step back and be more simple.
- 6:54Where are you already?
- 6:55Where are the people that you want to serve already?
- 6:58And go there, build that piece up, and then maybe you can add a different one.
- 7:02But if you have that one channel where you know your target
- 7:05avatar lives, let's go there.
- 7:07Right.
- 7:08He said he wanted to build a referral business and he is, you know, got a ton of
- 7:11business contacts and property management contacts from the west coast in Texas.
- 7:16Okay, perfect.
- 7:16You want to build a referral business?
- 7:18You have a contact of a really good database of abled, you
- 7:22know, buyers and sellers.
- 7:23Let's use that.
- 7:25And they're on LinkedIn, so we're gonna build it through LinkedIn.
- 7:28And so you have to take a step back and not just do Facebook or YouTube
- 7:32just because someone else did it, because they might've had their
- 7:35following on that media before.
- 7:38And so you have to realize that you have to be a little more.
- 7:43You know, critical of your situation and say, okay, this is where I'm
- 7:47at, this is where I'm gonna build.
- 7:48Sure.
- 7:48I, I'll build on Instagram down the road.
- 7:50Absolutely.
- 7:51Starting out.
- 7:52I'm gonna start here and then maybe I'm gonna start, okay,
- 7:54I can do this on Instagram.
- 7:55I can do this on Instagram.
- 7:56Then all of a sudden you're building that as you go.
- 7:59And that's not your only place to send people with 12 followers.
- 8:02You have this place over here where you're connecting whatever, and maybe
- 8:05you start to pull one by one those people over to Instagram as well for that
- 8:09content, and then they're fully bought.
- 8:12The next thing about social media that people kind of sometimes
- 8:16do is overthink content.
- 8:18If you're an agent, if you're out there doing it, if you're out there
- 8:20doorknocking, if you're out there going to classes, if you're out
- 8:22there meeting with agents, just document it, turn the camera around.
- 8:25Don't even have to have your face on it.
- 8:27Say, oh, learning about ethics today.
- 8:29Oh, learning a new strategy to, to serve my clients today, whatever that is.
- 8:34Oh, meeting with other agents who possibly could have, you know, could
- 8:38be on the other side of your dream home, you know, as the listing agent.
- 8:41Anything like that.
- 8:42Start documenting what you're doing.
- 8:43Because you're putting that time in, that's the important part.
- 8:46You gotta put the time in.
- 8:48But if you document that alone, that's good content for your, your
- 8:52audience to realize, okay, they're in real estate and they're actually,
- 8:55you know, making this a career.
- 8:56It's not just a side hustle.
- 8:58And so just document what you're doing.
- 9:01And document what you do outside of real estate.
- 9:03Oh, tried out this new restaurant today.
- 9:05It was great.
- 9:06I had the quesadillas or whatever you eat and you're good to go.
- 9:09So you can take that content and make it less confusing for you to
- 9:12create because you're just following along with your story and what
- 9:16you're doing to build your business.
- 9:18And before you know it, you'll have a personal brand, you'll have a story.
- 9:21Your story will be out there.
- 9:22Your why will resonate with people and clients will start
- 9:24to start to call you and.
- 9:27You know, they'll be like, oh, I was watching your social media video.
- 9:29And that's where the brand kind of takes off.
- 9:31And you know, as I've said before, the brand isn't your logo and the colors the
- 9:35brand is your story and what people can relate to and latch onto so that they
- 9:39can refer you business or they feel like you are their real estate agent, the
- 9:43best out of the eight that they know.
- 9:46So I could sit here and tell you success story, success
- 9:48story, success story, right?
- 9:5036 out of 52 clients came from repeat.
- 9:53Client Referral 49 came from my sphere of influence.
- 9:57The truth is, is that it all starts with value.
- 9:59It all starts with consistency.
- 10:01It all starts with keeping in touch.
- 10:02You can be an extrovert, you can be an introvert, but this sphere of
- 10:06influence will absolutely help you find.
- 10:09The winners in the market because you know, maybe your niche disappeared.
- 10:13Maybe that cold calling, you know, tactic just dried up a little bit.
- 10:17Well, you have built a sphere of influence in that time
- 10:21that you can start to draw on.
- 10:23You can throw an event, you can kind of pour into those people you can
- 10:26keep an eye on 'cause you're friends with them on social media, hopefully.
- 10:29And you know, when they have that life change or whatever, you can be there as
- 10:33a resource when they raise their hand and say, Hey, I want to remodel my kitchen.
- 10:37Or, Hey, I need a new furnace.
- 10:38Be that resource so that when they do buy or sell or transact, you
- 10:43can be there to help them out.
- 10:45So that's a huge part of it is, you know, developing that
- 10:49sphere of influence from day one.
- 10:51So that when the market does change a little bit and maybe one pillar
- 10:54dries up, you can go back through and be like, okay, these 10 people
- 10:58are probably gonna make a move.
- 10:59And, you know, I probably wouldn't cold call them, right?
- 11:02So you, you go back to the, the well, and you know, maybe you call 'em, maybe
- 11:07you, you know, stop by their house, do a Popeye, whatever, make sure that you know,
- 11:11you're, you're on those terms with them.
- 11:12But you know, you reach out and text just checking in how you doing.
- 11:16And you would be shocked that if you have 10 people.
- 11:19That you've identified as people that may be ready to make a move.
- 11:22They might not make a move, but I guarantee you they know at least two or
- 11:25three people that are, and that one touch might just cause them to be like, Hey, my
- 11:32real estate agent just called me and you know, you were just talking about this.
- 11:35The other day, I, I gave 'em your number.
- 11:37Anything like that can absolutely get that next transaction.
- 11:40Get that ball rolling, and as you go, the leverage will continue and the
- 11:44repeat clients will just snowball because you're providing that top level service.
- 11:48You're checking in, you're showing them that you care.
- 11:51And you may never have to pick up another phone, a cold call again.
- 11:54So I hope that helped.
- 11:56Please, like, comment, subscribe, share the podcast, and if you
- 11:59need anything, please reach out.
- 12:00Game plan, call below.
- 12:01Would love to dive into your business and see how we can make it
- 12:05a winning, recipe for your success.
- 12:07We'll talk to you soon.
- 12:08Bye-bye.