Latest / The Real Estate Agent Playbook / Welcome to Separation Season: life-changing mindset shift in my real estate business
Transcript
- 0:00Let me be the first to tell you that this one thing in my mindset going into
- 0:05the month of December specifically.
- 0:07Has absolutely changed my business because before I was soft and I was the
- 0:13traditional average of all the agents.
- 0:15And now I've changed that mindset, completely changed my
- 0:18trajectory, my career, my family's financial future and everything.
- 0:22And this was before Ed and I let.
- 0:24Coined the term separation season.
- 0:26We're gonna go to all that and more next.
- 0:33What's up guys?
- 0:33Jeremy Kane real estate agent playbook exp realty here This is something that
- 0:39and my let gave me clarity to that.
- 0:42I had realized and already made the adjustment and shift so we're
- 0:46gonna dive into that but if you are in a season where You know, maybe
- 0:50you're feeling a little bit down.
- 0:52Maybe you're stressed out about the commission lawsuits.
- 0:54Maybe you're stressed out about, you know, the market being down 40 percent or 70%.
- 0:58If you're a lender now is a time to really dial it in.
- 1:01If you would like to book a call with me, I do calendar audits, and this is
- 1:06a massive help to our goal setting.
- 1:09There's so much business planning out there.
- 1:11But, if you would like a calendar out of it, book a game plan call
- 1:14with me below and we can dive in.
- 1:16But first, listen to this, and it'll tell you a little bit about
- 1:19my mindset and how I changed my real estate business for forever.
- 1:22So, here we are, two or three, four years into the business, I
- 1:26made 100, 000, I was top ten at my brokerage of over a thousand agents.
- 1:30And everything was good.
- 1:31I literally bragged about taking the entire month of December off.
- 1:35What did that mean to me, taking the month of December off?
- 1:39Was something completely different and something that I didn't really
- 1:43fully understand at the time.
- 1:45I loved it.
- 1:45I was spending time with my family, I was doing things, I was going
- 1:48out with my friends, hanging out.
- 1:50It was a great time for connection, but it was a terrible time for my business.
- 1:53Because what I didn't realize is that taking that month off...
- 1:57Not only made me in the year, not so well, I did some goal setting and some
- 2:02other stuff there, business planning as, as everyone's doing these days.
- 2:06And then that was it.
- 2:08But also in real estate, per the nature of our contract alone, a
- 2:1230 day, 60 day close, it takes a long time to get momentum.
- 2:15So what I was doing is halting my momentum.
- 2:18In that time frame and certainly there are less homes on the market There
- 2:22are less people transacting during the holidays because people don't want
- 2:25to move especially in denver and the weather however, that does not mean
- 2:29that business cannot go on and you cannot improve and grow And so that was
- 2:34my mindset early on and it was great.
- 2:37I had some great times.
- 2:38I'm not saying You know, this is a time where you completely dismiss all the
- 2:41family activities and all the parties and all the things But, taking this approach
- 2:46absolutely changed my financial trajectory forever, so I want to share that with you.
- 2:50So let's go back to Ed Milet and talk about, you know, the season of separation.
- 2:56He calls it separation season.
- 2:58He talks about, you know, how hard it is, say for a professional athlete
- 3:03or a professional business person, to level up and catch someone, right?
- 3:07If everyone's running the race and everyone's continuing to run at the same
- 3:11pace and doing the same thing, There is very little time to, for the person
- 3:16that's not, you know, in the game as long, or, you know, maybe the rookie, to
- 3:20catch up to, you know, the professional, or the person that's been doing it,
- 3:24that's kind of leading the show, that top agent, whatever that might be for you.
- 3:28And so, by nature, what happens is, you know, if this person slows down, oh,
- 3:35it's the holidays, oh, we have family parties, oh, we have all these events,
- 3:38we have to go look at Christmas lights, we have to go to, you know, these
- 3:41church events, or whatever that may be.
- 3:44And, we slow down, and if the person up here is slowing down, and you
- 3:50slow down, that gap is not decreased.
- 3:54However, if this person slows down and you keep running at your normal pace, you
- 3:59have the opportunity to make up ground, and it may not be all the ground at once.
- 4:03But, separation season after separation season, stacking upon stacking, is
- 4:08absolutely what Ed Mylet is talking about here, and it's absolutely game changing.
- 4:12I actually was just working out the other day, and this podcast, it's from
- 4:16a couple years ago, came up on my...
- 4:19My feed and I just listened to it, right?
- 4:21It was november 24th.
- 4:23It didn't have the year I thought it might be new but then as I listened to it,
- 4:26there was covid references and things like that in there And so i'm listening to it.
- 4:30One thing he said is christmas is a holiday.
- 4:33It's not a holiday week or a holiday month New year's is a holiday.
- 4:37It's not a holiday month.
- 4:37It's not a holiday week and if we can make that small adjustment
- 4:43Most people treat the holidays from Thanksgiving to New Year's as the
- 4:47holla 45 days or whatever it is, right?
- 4:50Sometimes it's 40.
- 4:51Sometimes it's 35, whatever it might be.
- 4:53So understand that that's the first concept about what we're trying to do
- 4:58here is we're trying to gain ground because naturally people will slow down.
- 5:02You will be in the 1 percent minority if you Don't slow down.
- 5:06You do the things to change your business that you absolutely need to do.
- 5:10And it might not be transacting as a real estate agent.
- 5:12It might be dialing in that system and process, dialing in accounting,
- 5:16dialing in some marketing, dialing in some advertising.
- 5:19But, taking that into account, especially in your business, is absolutely key.
- 5:24So let's talk a little bit about this and I kind of mentioned it in the intro
- 5:29is this business planning thing I've had people doing business planning
- 5:32since October 15th of this year posting about it doing all the things Starting
- 5:3724 out with a bang like let's go.
- 5:39We're ready to go.
- 5:41Certainly business planning and preparing is key But, as I said last month, if
- 5:46you're business planning on November 1st, and that's your main focus and you've
- 5:50completely shifted your focus, you're not giving your 2023 business plan one
- 5:55sixth of the attention it deserves with November and December being outlined.
- 6:00And so as people continue to do these business plans, let's be real, it doesn't
- 6:03take two months to do a business plan.
- 6:05Right.
- 6:05It takes a short amount of time business plans.
- 6:07Certainly it can take a day or two or five, whatever that is, but it
- 6:12needs to be focused time and we can't forget that we still have 60 days
- 6:17from November 1st to December 31st, that we can actually make gains.
- 6:21And so.
- 6:23This is how I know people are slowing down.
- 6:25They're shutting it down by nature.
- 6:27When you do a business plan for the next year and you don't put it away
- 6:30and you're not disciplined, which I'm not as disciplined as I should be.
- 6:34I'm sure most people aren't.
- 6:35If you don't just put that away, put it in a desk drawer and dial in your focus back
- 6:39to your 2023 goals and what you can do to close out the year strong, you are doing
- 6:44yourself and your business a disservice.
- 6:46And so as we roll here, some basic things that you can do.
- 6:50To make sure that you are separating during separation season.
- 6:53First things first, health and fitness.
- 6:55This is huge.
- 6:56Obviously the goodies, the treats, the pies, the candy, all of the
- 7:00things, the weird schedules, the, the events, the parties.
- 7:04This is a perfect time for you just to say, ah.
- 7:06Whatever, like I'm going to go off the wagon and I'm going to be off the wagon
- 7:10and I can't make it up because it was so bad that I'm just going to, you know,
- 7:14start focusing on my New Year's resolution and on January 1st, I'll turn it back off.
- 7:19This is absolutely something that affects your business, your personal, your family.
- 7:23Everything is your health, your weight, your activity level.
- 7:27And how you're, you know, what you're putting into your body.
- 7:30So, maybe this holiday season, you're doing it a little bit more.
- 7:34I know a big thing that I do is, if I'm gonna go to a party, I
- 7:38know I might indulge a little bit.
- 7:39I'm gonna earn it, right?
- 7:40I'm gonna work out, I'm gonna bookend the workouts on those two days.
- 7:44Morning, and then the next day, I'm gonna have a really good workout
- 7:47to say, Okay, well, you did it, now you're, you better make up that ground.
- 7:51Because, you know, otherwise it just snowballs, right?
- 7:54And that's when we slow down.
- 7:55And so, Fitness and health is absolutely a key to making sure that
- 8:00your mindset and your focus is in play because it has such an effect.
- 8:04What you put in your body has such an effect on the output.
- 8:07The next is separation moments with your family.
- 8:10Maybe this Christmas you're going to make it a, you know, a point to eat dinner at
- 8:14the dinner table seven days a week, right?
- 8:16Maybe, maybe you're going to make it a point to get back to church.
- 8:19Maybe you're going to make it a point to get out and volunteer and expose
- 8:23your family to helping some homeless people or whatever that may be.
- 8:26Doing something a little bit different, but taking advantage, being fully
- 8:30present in those moments allow you to not be like, Oh, it's family time.
- 8:34Well, family time shouldn't consist of you sitting on the couch watching
- 8:37football on your phone the entire time.
- 8:39I'm the first culprit, right?
- 8:40That's me.
- 8:41Like, okay, yeah, we're hanging out.
- 8:43Are we engaging?
- 8:44Are we talking about it?
- 8:45You know, are we, are we having conversation that doesn't involve
- 8:49these technological things that we've surrounded ourselves with?
- 8:52Absolutely key.
- 8:53So dial in those Harlem moments, for your family.
- 8:57And this will help you a lot as you continue to pour in and separate
- 9:02in your business, as well as your family life, what you can do in this
- 9:07month and why it can be so special.
- 9:09Right?
- 9:09If it's just another Christmas.
- 9:11Oh, Dad did the same thing last Christmas.
- 9:14He, you know, ate a bunch of food, fell asleep on the couch,
- 9:17you know, watching football and didn't talk to me the entire day.
- 9:20He watched me open presents, took some pictures, posted them
- 9:22on Instagram and that's all.
- 9:24Right.
- 9:24Do something a little bit different this holiday season that will separate
- 9:28that's with intentionality, right?
- 9:31Because then we're doing something to make this holiday memorable
- 9:34and separating that gap as well.
- 9:37And we all know that when we have those strong outside relationships or
- 9:41inside relationships with our family.
- 9:43That are our mental clarity and our focus and our energy towards our business can be
- 9:48more direct and absolutely make a change.
- 9:52Next one is Friday afternoons from one to five is absolutely the
- 9:55time where most people clock out.
- 9:56It's happy hour.
- 9:57It's all the things.
- 9:58Certainly some people have happy hours, especially realtors,
- 10:01more than more than that.
- 10:02But.
- 10:03That last half of the day on Friday is a day where you can absolutely
- 10:07separate and this is year round, right?
- 10:10So maybe, you know, you're just hearing this, maybe it's not December when
- 10:13you're listening to this video or podcast and you're like, okay, this
- 10:16is, you know, I can still implement.
- 10:19I'm telling you right now, the gap can be spread Friday through Sunday.
- 10:23Getting some work hours in, clearly some time to spend with family and things if
- 10:26your kids are in school and activities.
- 10:28But you can separate from Friday at 1 p.
- 10:31m.
- 10:32to Sunday at 5 p.
- 10:33m.
- 10:33I guarantee it and so that's you know a little one if you're not watching this You
- 10:38know as it was released in December And if you have any comments on that definitely
- 10:42if you have a time where you feel like you're separating yourself comment below
- 10:46I'd be happy to hear your comments And go back and forth, as you know, both on
- 10:50the back and forth, as you know, both on the podcast and the, the YouTube
- 10:53side, we try and build this community.
- 10:56So if you're listening on the podcast, go find the, the video and we can maybe
- 10:59check into what's going on, as far as building that community as well.
- 11:03So comment below how you're separating.
- 11:05The next thing you can do to separate is make yourself uncomfortable.
- 11:08Do something that maybe the former you is a little uncomfortable with, right?
- 11:13And at the end of the day, this is something that you can absolutely do.
- 11:17And ultimately, sure, we started because we wanted to shorten the gap.
- 11:21But after we have that target and we're like, we want to catch
- 11:24that person, we don't need to be watching what they're doing, right?
- 11:27We can assume that they're going to be...
- 11:29Pulling back a little bit and we're sprinting full throttle.
- 11:32So if you know, if that's the case, then we're just looking at you.
- 11:36What can you do to separate?
- 11:37I'm 39 years old.
- 11:38What can I do?
- 11:39What have I done to separate 39 year old from 38 year old Jeremy?
- 11:44And that's exactly what you need to do.
- 11:46In doing something uncomfortable, right?
- 11:48Maybe it's having one more conversation.
- 11:50Maybe it's, you know, talking to a stranger, right?
- 11:5375 hard thing.
- 11:54Have a real, legitimate conversation with people in your community.
- 11:57Who knows what business and what, you know, great things that can
- 12:02come from that one conversation.
- 12:04But more importantly, how are you doing to separate?
- 12:07How are you doing?
- 12:09What are you doing to separate yourself from the previous you?
- 12:11Because we're ultimately in competition with ourselves, although there
- 12:15are those, you know, top producing agents we want to catch for sure.
- 12:18So do one thing that makes you uncomfortable.
- 12:20What easier way to do this than during holiday parties, right?
- 12:24That one person who's in the corner who's maybe a little awkward, doesn't
- 12:27really know a lot of people there.
- 12:28Go bring them in.
- 12:29Instead of just, you know, going to the crowd that you usually
- 12:31do, your buddies or whatever.
- 12:34Be more holistic, be aware, because what better way to build your
- 12:38communication skills as a business owner than to have conversations with
- 12:41people that you normally wouldn't have conversations with, right?
- 12:44And certainly, don't do it just to get a new deal, or just to do this, but
- 12:49do it to sharpen your communication skills, because ultimately, if you
- 12:53have the best communication skills, you're going to also be gaining.
- 12:56Gaining ground on the top producing agents because the comfort, once you get in
- 13:00comfort, it's really hard to kind of re engage and get going and roll that way.
- 13:05The next thing and one thing I want to point out is, a lot of
- 13:08agents spend their entire budget gifting and client stuff right now.
- 13:12Right?
- 13:13During the holiday season.
- 13:14If that is you, okay, that's fine.
- 13:17I would challenge you to maybe separate it, maybe do a smaller gift or a touch.
- 13:21I'm not saying don't have a holiday touch, but do something outside of the ordinary.
- 13:25Right?
- 13:25Do something that's customized.
- 13:26Don't do the big group email that says, Happy Holidays, that every
- 13:30single lender sends out that you just have a different logo on the
- 13:33bottom and it's the same message.
- 13:35Right?
- 13:35Make sure that you're not doing things that are not authentic because it's
- 13:40the authentic you that people want to transact and do business with.
- 13:43And so make sure that you're doing that.
- 13:45If you do the Christmas messages, maybe do a voice text, maybe do a
- 13:48video memo, make it personal, right?
- 13:51It may take a little bit longer, but it's going to go a lot further.
- 13:54A lot of times we just...
- 13:56As real estate agents, we're like, oh, I got to get that message out.
- 13:58Check that box, said everyone, happy Christmas, merry Christmas, whatever.
- 14:02That's not what we need to be doing.
- 14:04If you are sending out these unique, you know, text messages or unique
- 14:08video messages or voice messages, maybe do it on the 22nd or maybe do
- 14:13it between Christmas and New Year's.
- 14:15Because people are Gonna mostly do 24th and 25th and, and New Year's Day.
- 14:20And so if you're scheduling that, obviously I would imagine most
- 14:23of us aren't doing video texts or sending our email in our emails
- 14:26on Christmas, we shouldn't be.
- 14:28We should take some time with family and get those holiday moments rolling.
- 14:32But if you do it just on a different time, right?
- 14:36It's very, very.
- 14:38Smart to spread your spread the wealth out and do it.
- 14:42Not when everyone else is okay So do something a little bit differently we
- 14:46talked about this with birthdays, you know, st Patrick's Day or an oddball
- 14:50oddball holiday is a great time to you know Take some of that budget and
- 14:54put it towards that because it's an additional touch at a time that they're
- 14:57not getting bombarded Not saying don't send Christmas cards, not saying don't
- 15:01wish people Merry Christmas, Happy New Year, Happy Hanukkah, whatever it is.
- 15:05But make sure that you're not just one of the crowd because the whole point of
- 15:09this marketing and branding thing is to stand out and be a little bit different.
- 15:13And so I want to talk a little bit about, you know, that original
- 15:16story taking December off.
- 15:18Last night I had a conversation with my daughter, she's in competitive
- 15:21gymnastics, if you don't know.
- 15:23And she, you know, was at a practice, right?
- 15:26And I felt like she was just kind of going through the motions.
- 15:28She's had her competition, she's done with that.
- 15:31She has tryouts coming up in, you know, six practices.
- 15:34And it's just kind of like, okay, going through the motions.
- 15:36Am I going to level up or not?
- 15:38And she's at a crossroads, right?
- 15:39She's at a place where she can go a competitive route
- 15:42or a less competitive route.
- 15:44Oddly enough, at eight years old, once you kind of go on one of those paths,
- 15:47you're kind of on them as long as you're working hard on the competitive one, cause
- 15:51they can bump you off to the other side.
- 15:53And so she was doing that and I was just talking to her about
- 15:56these little opportunities, right?
- 15:58You have six practices until tryouts, right?
- 16:02And she was doing stations and she was with her buddy.
- 16:04And she just wasn't as dialed in, right?
- 16:06She wasn't doing it, and I, I was, you know, for an 8 year old to
- 16:10have a conversation with me, as a competitive coach, as you guys know.
- 16:14It was, I was, you know, upset.
- 16:16I was like, look, you're not taking advantage.
- 16:18You haven't made level 3, which is the next level.
- 16:21You haven't made that yet.
- 16:22And, you know, you're losing.
- 16:25You, sure, you have the social, that's great.
- 16:27I want you to have fun.
- 16:28And if you don't want to go on this competitive road, that's okay.
- 16:31But, I know that come, January 4th, when we get the news, whether you
- 16:36made it or not, if you didn't make it, you're going to be frustrated.
- 16:39And you're going to look back at this time and this opportunity that you
- 16:42had, you know, sharpen your skills, you know, show the coaches, your
- 16:46work ethic, show coaches that may not be on the gym floor coaching you.
- 16:50Now, maybe your future coach is standing next to a parent.
- 16:54Oh, by the way, that's a parent you were talking to and messing around
- 16:57with not getting your pull ups in.
- 16:59And so I had this conversation and it rings true to the real estate business.
- 17:03is, you know exactly what you have to do.
- 17:06You don't want to be that person that's looking back, you know, at
- 17:09this time in 2024, like, oh man, I wish I would have done this.
- 17:14Right?
- 17:14This December is going to be different.
- 17:16Right now is the time for you to make massive gains.
- 17:19I am completely revamping...
- 17:21My entire strategy going forward, I have to get better at my accounting practices.
- 17:26I have to get better at my systems and processes, and I'm using this
- 17:29time to absolutely do that while continuing to serve the few clients
- 17:33that I have that are in the pipeline and that are under contract.
- 17:36But it's a massive time for you to dial in to your business right now in the present.
- 17:41Now I'm going to do this in 2024.
- 17:43It's, these are going to be implemented.
- 17:45I'm going to work on them.
- 17:46I'm going to spend some time on them and they're going to start today.
- 17:50And if I change my mindset and how I operate today, things will get better.
- 17:54And so that's, that's really it.
- 17:56And ultimately at my let ends his podcast with talking about little inches and in
- 18:01sport, it's the game of inches, right?
- 18:03You've heard it.
- 18:04It's cliche, but you cannot, you know, throw a Hail Mary.
- 18:08just to win based on skill and whatever.
- 18:11Sure, it happens by luck every once in a while, but we don't want it to be luck.
- 18:15It's the little inches that you can gain over the next 30 days, 31 days, that will
- 18:20absolutely get you a little bit closer to the competition, make you a little bit
- 18:25better person than you were one year ago.
- 18:28These little inches will...
- 18:30Pay dividends in the end, right?
- 18:32It's that power of one more that also Ed Milet talks about that one more rep Maybe
- 18:37you're gonna do one more set of you know, arm workouts Maybe you're gonna do one
- 18:41more set of you know, you're gonna run one more lap You're gonna do all these
- 18:45things just one inch at a time and by the time you look up and you actually check
- 18:51in on that that competition you will have made up so much ground because you didn't
- 18:56slow down you kept in momentum and And you gained inch by inch and you chipped
- 19:01away at that, that gap as much as you can.
- 19:04So I hope this helps.
- 19:06If you like what I said, please like comment, subscribe, share the podcast
- 19:09with your favorite real estate agent.
- 19:11And we'll talk to you guys soon.