Latest / The Real Estate Agent Playbook / Where the Real Estate Industry Is Headed: What Smart Agents Are Doing Now
Transcript
- 0:00if you're waiting for real estate to go back to normal
- 0:03you're already falling behind
- 0:04the next 12 months will separate the agents who adapt
- 0:07from the agents
- 0:08who get replaced so the question is
- 0:11are you building for where the market was
- 0:14or where it's headed
- 0:20I've got agents reaching out to me every single week
- 0:22agents who are watching all of this unfold
- 0:24and wondering
- 0:25am I doing enough to stay ahead of this industry
- 0:28if that's you you don't have to figure it out alone
- 0:30head over to Ari Agent Wolf Pack
- 0:32we can talk about partnering
- 0:33when you partner with me
- 0:34get full access to the fastest growing agent community
- 0:37inside the EXP model
- 0:39plus all the tools I use to stay ahead yes
- 0:42AI and automation systems
- 0:44organic lead generation that doesn't require paid ads
- 0:47weekly coaching and accountability calls
- 0:49live mastermind calls
- 0:50social media strategies and content support
- 0:53time management framework systems processes yes
- 0:56all of that absolutely free
- 0:58just for having an open mind
- 1:00and talking about partnering with myself and my
- 1:02my partners at the Wolf Pack
- 1:04let's chat okay
- 1:06so as we kind of dive in to exactly
- 1:10what's going on in the industry
- 1:11we want to make sure
- 1:13that we understand how fast it's changing
- 1:15from lawsuits to tech disruptions
- 1:18to shifting comp models
- 1:19real estate is always going to be in the limelight
- 1:23it seems like such a great industry to be a part of
- 1:26a lot of people have built wealth
- 1:27it affects pretty much every person on the planet
- 1:31because we need structures to live at and
- 1:33and roofs over our head
- 1:35and so that puts us in the limelight right from
- 1:39you know the utilization of AI and how that's coming in
- 1:42will that replace us probably not in our lifetimes
- 1:45but probably will replace the agents that don't
- 1:48utilize it to the fullest
- 1:50because ultimately
- 1:51it's a huge time saver and a huge money saver
- 1:54so what are these key trends
- 1:55that are shaping our real estate industry currently
- 1:58commission transparency buyer agent changes
- 2:01this was a huge deal last year
- 2:03and now it's all coming to fruition
- 2:05and kind of seems like it's on the back burner
- 2:07not so many changes ultimately as you know
- 2:10we once thought and we're maybe told to fear
- 2:13and the next piece is consumer expectations right
- 2:18they're expecting you know
- 2:20the best market for their situation
- 2:23they don't fully understand
- 2:25but the tech the speed of
- 2:27you know communication and personalization
- 2:30all of this is something that they're seeing
- 2:32they see it all out there
- 2:33it's in front of them
- 2:34it's all there for them to look at right
- 2:36they're looking at content
- 2:38driving marketing
- 2:39so that they get it customized to themselves
- 2:42so they have the best experience
- 2:44and then obviously
- 2:45there's cloud based models that are changing
- 2:47there's brokerage models that are changing
- 2:49what's that look like right
- 2:51teams and collaboration or the solo grind
- 2:55the solo
- 2:55grind used to be something that was going to work
- 2:58and everything
- 2:59you could just kind of build your own business
- 3:01all a cart but now there is so much right
- 3:04not necessarily having to be on a team or
- 3:06you know join that specific broker
- 3:08but collaboration is absolutely something
- 3:11that people need
- 3:12we have independent brokers reaching out all the time
- 3:15to talk about okay
- 3:16how are we going to get into this
- 3:17how do we kind of delegate
- 3:19some of the opportunities that we have
- 3:21and so as we roll
- 3:22we have to understand that this is what the
- 3:25the real estate industry is becoming
- 3:27and these are the key topics
- 3:29that people are talking about
- 3:30so let's go into the launch of a new company
- 3:35I believe it's launching this week uh
- 3:37we won't mention the company's name
- 3:39but let's talk about it right
- 3:40it's a disruptor using AI
- 3:42another option for home sellers to
- 3:46you know sell their home
- 3:47without using a specific real estate agent
- 3:50comes with the promise of saving a ton of money
- 3:52and the truth is here's the deal
- 3:54if you are able to you know
- 3:56kind of guide your own ship
- 3:58or that AI tech is able to replace
- 4:00you know your downfalls
- 4:02certainly go look at it
- 4:04if you are somebody who maybe has a ton on your plate
- 4:09and don't necessarily understand
- 4:11exactly what's going on
- 4:12you're probably going to still need real estate agents
- 4:14and if you're a real estate agent watching this
- 4:16you have to understand that we've had disruptors
- 4:19discount brokers you know
- 4:21all of these things help you know
- 4:23assist the cells
- 4:24and all of these things that have come into play
- 4:26and they've gone by the wayside
- 4:28the difference now
- 4:29is that some of these systems are backed with AI
- 4:31and technology and have a little bit of momentum
- 4:34but ultimately they all have momentum right
- 4:36if if they have a product
- 4:39that's going to save the consumer time
- 4:41money energy
- 4:42all the things then absolutely right
- 4:45why would the consumer not look at it
- 4:46why would we tell them not to look at it
- 4:49however as agents
- 4:50what we need to position ourselves to understand
- 4:53is that we provide a much more humanistic value
- 4:57something that we can help the consumer do
- 5:01with a changing market yes
- 5:04you know your doctor doesn't really matter
- 5:07if you're doing your routine maintenance
- 5:09your routine checkups all of that
- 5:11however if you have to have an open heart surgery
- 5:14the doctor matters
- 5:15so relating that to the real estate industry
- 5:18if the you know
- 5:20it's easy to sell a home you put it on the market
- 5:22anything sticks buyers are giving over asking price
- 5:26there's lots of competition
- 5:27there's limited supply as we witness from 2020 to 2023
- 5:32then yes it's probably something
- 5:34that will take a little bit of market share away
- 5:37however with
- 5:39you know all of that into fruition
- 5:41you have
- 5:42to understand that the consumer's time also matters
- 5:45do they have the time to do this
- 5:47is the solution what they need
- 5:49does it fill the gaps that they have in their
- 5:51you know negotiations or marketing or
- 5:55you know whatever that looks like
- 5:57listing prep anything
- 5:59do they have that time and ability to implement that
- 6:02without using you know
- 6:04a real estate agent
- 6:05so you have to understand that piece
- 6:08but when the market changes
- 6:09when there's a problem when there's
- 6:10you know
- 6:11a shift to more of a buyer's market and all the things
- 6:14updated days on market
- 6:15we're needing to market the property at a higher level
- 6:17all of the things are we able to do that with
- 6:22with that same original basic doctor
- 6:25that's what you have to understand
- 6:27and here's the deal
- 6:28if you feel comfortable selling a home
- 6:29you've done it several times
- 6:31you understand the market
- 6:32you have a marketing background
- 6:34please go do that right
- 6:36I honestly believe that
- 6:38I have a position as a real estate agent
- 6:40to serve a specific crowd
- 6:42and if someone can do it yes
- 6:44they should probably save the money and go do it
- 6:47however there's a specific skill set
- 6:50knowing the market
- 6:51understanding everything else and doing that
- 6:54we have to understand that that's what we want to do
- 6:57and what we're going to do
- 6:58and so as a real estate agent
- 7:00we have to understand that these platforms
- 7:03understand these disruptors exist
- 7:05know about them know of them
- 7:07make sure that we are upping our game
- 7:09as far as what we offer and where
- 7:12you know the gaps might exist in our clients lives
- 7:16and we fill those gaps
- 7:18as part of our value proposition
- 7:20and ultimately it'll be okay
- 7:22as long as you are taking that approach
- 7:24and understanding that yes
- 7:26it's okay for some people to use an outside system
- 7:30that may be newer and flashier and cheaper however
- 7:35there will be plenty of people that you do
- 7:37if you go with a serve first mentality
- 7:40so what does this mean for agents right
- 7:42the old relationship and hustle model isn't enough
- 7:45we must systematize that we must build a personal brand
- 7:49you must have that value
- 7:51that's evolving to plug those gaps
- 7:53and plug those holes for your ideal client
- 7:55the agents who survive are building businesses
- 7:58that adapt faster than the market shifts
- 8:00and that's saying something
- 8:01because our market is shifting
- 8:03the use of AI right
- 8:04the surrounding yourselves with people that
- 8:06and a brokerage it allows you to build a personal brand
- 8:09because you are the brand
- 8:11the brokerage is just you know
- 8:13a government overlay that says
- 8:14you have to hang your license with a brokerage
- 8:17that's something that we have to have
- 8:19but that doesn't mean that it has to be your brand
- 8:22certainly follow all the lines
- 8:24follow all the rules with your MLS
- 8:26with your you know
- 8:27local agency but you have to
- 8:30understand that building a personal brand
- 8:32is more than just the logo on the sign
- 8:34it's how you make people feel
- 8:36and so that's really what people
- 8:38and what I see people doing
- 8:39that are thriving in this business
- 8:41creating that brand creating that brand voice
- 8:43and ultimately serving their client at a highest level
- 8:46through that brand
- 8:47what the smart agents are doing now to understand that
- 8:50is plugging into collaborative communities
- 8:51we can't possibly know and see all of the
- 8:54the cars that are headed at us
- 8:56you know at the intersection
- 8:58we have to be around people that are at a high level
- 9:00that have their heads on a swivel
- 9:02so collectively
- 9:03we can see the 360 degree view of what's happening
- 9:06around us different opinions
- 9:08different you know systems
- 9:10all of the things if you're sharing those
- 9:12you know and getting those
- 9:13that helps a ton using AI and automation
- 9:16I will tell you right now
- 9:17if you're only using AI to do a listing description
- 9:20you are vastly missing the boat
- 9:22if you have any questions about AI AI
- 9:23I would love to connect with you
- 9:25check out my business partner
- 9:26Adam Galaspy's YouTube channel on all things AI
- 9:29and real estate it's absolutely incredible
- 9:31um building strong personal brands across platforms
- 9:34this is something that you know
- 9:36another one of my business partners
- 9:37Mike Sherard has been very good at doing
- 9:39both personally and helping agents globally do that
- 9:42um he is in my organization of course at the Wolf Pack
- 9:46um
- 9:46but his personal brand strategies are absolutely insane
- 9:50can develop an AI strategy
- 9:52or an AI brand strategy in probably 30 minutes
- 9:55with some of the stuff that
- 9:56he's just recently released
- 9:58that's absolutely free
- 9:59when you do join us at the Wolf Pack um
- 10:02and then just make sure that your business fits right
- 10:06whatever you're doing your splits
- 10:07your caps uh
- 10:08the marketing that you need
- 10:09the support that you need
- 10:10make sure it's all there right
- 10:12because creating a real value
- 10:15can't be you doing everything and anything
- 10:17you need to have value coming in or
- 10:19you know leveraging systems
- 10:21so that you can best show up for your clients
- 10:23where you're needed
- 10:24in that gap with your value proposition
- 10:26so understand that piece
- 10:28so here's why you shouldn't wait
- 10:31the next 12 months will reshape our industry
- 10:34as it always is because it's so fast moving
- 10:37those who invest in systems
- 10:38mentorships and align with support that will
- 10:41you know level up their game is absolutely the key
- 10:45I've got agents reaching out to me every single week
- 10:49asking me exactly what they can do with this new AI
- 10:52trend with this
- 10:54in fact
- 10:54I was introduced as the AI king only because I use it
- 10:57not because I have this you know plethora of platforms
- 11:01but this is where it's at
- 11:03if you don't have the 100% knowledge
- 11:06to how to systematize your business
- 11:08please book a Realtor Game plan
- 11:10call with me and if you want the full blown system
- 11:13consider having an open mind
- 11:14and looking at a partnership with the Wolf Pack
- 11:17or we offer AI training social media training systems
- 11:20processes brand development and organic lead generation
- 11:24basic lead
- 11:25stuff that helps you get where your feet are
- 11:27and get business right away
- 11:29these are all things that you could look at
- 11:32the beauty if you talk about partnering
- 11:34you get it for absolutely free
- 11:36so if you have an open mind
- 11:37you wanna chat about that
- 11:38book a call re Agent Wolf pack.com or call me anytime
- 11:42text me 3 0 3 2 1 0 0 3 7 8
- 11:45other than that that's all I got for you guys today
- 11:47the industry is evolving
- 11:49let's make sure that we are at the forefront of it
- 11:52and leading the way to real estate success
- 11:56not only for us but generations to follow
- 11:58we'll see you next time bye bye