Latest / The Real Estate Agent Playbook / If I Could Start My Real Estate Career Over, I’d Do This
Transcript
- 0:00if I had to start my real estate career over
- 0:02I would do this one thing
- 0:03and I'm going to tell you exactly what that is however
- 0:06now that I've been in the business for almost 12 years
- 0:09and I've implemented this one change
- 0:12that if I started from day one
- 0:14I know because now I've done it
- 0:16and it's absolutely exploded my entire career
- 0:20so I'm gonna give you that information and more
- 0:22but you gotta stay tuned
- 0:28what's up guys Jeremy Kane
- 0:29the Real Estate Agent Playbook
- 0:30please like comment subscribe
- 0:31if you listen on the podcast
- 0:32please share that episode
- 0:34super excited to get into this one
- 0:36because I just was having a conversation
- 0:38with a young agent
- 0:40and when you first get into the business
- 0:43it's certainly overwhelming right
- 0:45but the biggest nagging feeling is that okay
- 0:48I need to make sure that I'm not getting in trouble
- 0:51so you have this I'm the new agent feel
- 0:52you have all of that stuff
- 0:54and sometimes when there's big changes
- 0:55like the NAR commission lawsuits
- 0:57it's not new getting into the career
- 0:58but it's new jumping into something new
- 1:00that maybe doesn't feel natural to you
- 1:03and we let that feeling kind of overwhelm us
- 1:07and so what I
- 1:10certainly would have done differently is
- 1:14try and compartmentalize that
- 1:15that is important we need the contracts
- 1:17we need to know how the real estate business works
- 1:19but we also need to make sure that we are focusing
- 1:22on our business at large as well
- 1:24so compartmentalizing that still doing the training
- 1:26still doing the stuff
- 1:28but being laser focused in those moments
- 1:31take that information
- 1:32and start to build your own trust factor in your
- 1:35your heart and soul that way you do have time
- 1:39you do have energy
- 1:40to do these other things that I'm gonna talk about next
- 1:43so looking back at it it's all about connection right
- 1:46if I can be the connector right
- 1:49if I can have an answer for everything
- 1:52if I can have a guy or a gal or
- 1:54you know a person for whatever it is
- 1:57that's absolutely the difference but it's not just me
- 2:02right
- 2:02a lot of people like oh you're connected so you know
- 2:05everybody comes to you for real estate no
- 2:08I want everybody to come to me for everything
- 2:10but then I also can exponentially grow my
- 2:14my net worth my you know
- 2:17value my net value to people
- 2:20by going out and seeking connections outside
- 2:23where it's not having to do with my business right
- 2:26if someone's on social media and they say hey
- 2:28I need somebody to you know do some landscaping well
- 2:31they're in my sphere of social media right
- 2:34but maybe I've never even talked to them
- 2:36maybe they're friends from
- 2:37you know a Facebook group or something like that
- 2:39they followed me whatever
- 2:40but if I can make that connection to
- 2:42another business owner then that starts to make those
- 2:46those connections happen
- 2:47but it's not just for the person asking
- 2:50small business owners are absolutely out there grinding
- 2:53and they see that
- 2:54so the more people that I can connect
- 2:57even if it has nothing to do with the real estate sale
- 2:59or a real estate you know
- 3:01house or anything like that
- 3:03the more people that I can connect
- 3:05the better it is for me because it's not just okay here
- 3:09like you know
- 3:11this is that connection call them
- 3:13it's a true connection hey
- 3:14I'll connect you on a text
- 3:16what's your number I'm getting that contact information
- 3:18so I can sack at my CRM
- 3:20but then I'm also connecting people
- 3:22and so if I can focus right
- 3:25my time my prospecting time
- 3:27there's a little piece of it
- 3:28that's community partners and community businesses
- 3:31and all of those things yes
- 3:33because I want them to know that I'm the real estate
- 3:36agent for the community
- 3:37but I also want them to know that I'm gonna
- 3:39do everything
- 3:39that I possibly can to push business to them
- 3:42and so if you're doing that
- 3:44and it's more of a giver's gain right
- 3:46I promise you that my phone rings more and more
- 3:49and more and more each day
- 3:51because I'm always connecting people
- 3:54and maybe it's two connections
- 3:56maybe it's 10 connections
- 3:57but at some point
- 3:58they're gonna get a question asked about real estate
- 4:00or a property value or something along those lines
- 4:03they're like you know
- 4:04what I'm really good at furnaces and HVAC and ACS
- 4:07call Jeremy right
- 4:08and then that's that's a lead to me
- 4:10that's a prospect it's my job to convert that
- 4:13see what they need
- 4:14and then provide that value for them right
- 4:16because if they come through a connection right to me
- 4:20and then I start with hey
- 4:22I'm the professional for this little piece of the pie
- 4:26but I have access to all these different people
- 4:28you know the HVAC guy contacted me they did that
- 4:31but you know we need to get a stager in here
- 4:33let's talk to this stager this is what they do oh
- 4:36you need a designer you need this
- 4:37you need sprinklers
- 4:38so that's where you can really blow it up
- 4:41and the cool part is once that happens
- 4:44you don't have to be a Jack of all trades
- 4:46you let the professionals take care of it right
- 4:49one of my favorite things to do is when someone call
- 4:51you know reaches out and text me hey Jeremy
- 4:54it's been a while you know
- 4:55we're starting to do this
- 4:56I had two today
- 4:58call me that have over a million dollar house to sell
- 5:01and are gonna move up right
- 5:03even in this interest rate market even this thing
- 5:05but then it's like hey
- 5:06reach out to the lender
- 5:08one of them is a past client who has purchased a home
- 5:11so I sent them right back to the lender that they use
- 5:13that they were happy with right
- 5:15and I made that connection
- 5:15I said hey yes
- 5:17this I'll give you the value
- 5:18but let's talk to the lender
- 5:20so that we can kind of see if the dream is there right
- 5:23if the dream is there it's not me just saying okay yeah
- 5:26let me come out let me do a listing appointment
- 5:28let me get you all excited to sell your house
- 5:30and then you know
- 5:31on the back end
- 5:32you're gonna call the lender at some point
- 5:34and they're gonna be like
- 5:34well you know
- 5:35this is what your payments gonna be
- 5:36you're going from a under 3% interest rate
- 5:38to an over six and a half percent
- 5:40interest rate and you're moving up in price
- 5:43so that's going to be a shocker right
- 5:45let's just start on the front end
- 5:46what makes sense okay
- 5:47this is kind of where we're comfortable
- 5:49this is what we could do
- 5:50have an estimate on what the house is going to sell for
- 5:52and then we're starting to look at homes versus
- 5:56you know trying to sell their house
- 5:59cause the last thing I wanna do is sell a house
- 6:00and then not have them fulfill that dream
- 6:02that they wanna do but it all starts with connections
- 6:05right
- 6:06and this is a huge thing in our industry right now
- 6:09people are getting their loan offer
- 6:10you know license or doing
- 6:12you know title Jvs and all these things stay in my lane
- 6:16I wanna make that connection
- 6:17because I lose business technically
- 6:19when I'm not able to connect people right
- 6:21if I lose my lending partners because I'm a licensed Lo
- 6:25then that's a problem for me right
- 6:27because the more and more we work together
- 6:30the more and more they reciprocate
- 6:31they send me leads they buy houses themselves
- 6:34and so the connection is really key
- 6:36and so if I was going back to the beginning
- 6:38I would focus on each and every connection
- 6:41that you have whether it's a friendship
- 6:43whether it's this whether it's that
- 6:45anything you can do to pour into people
- 6:47and connect with people and start developing your list
- 6:51and people are like oh
- 6:51I have this really great vendor list
- 6:53go look at it no no no
- 6:55we don't wanna do that
- 6:56because guaranteed someone goes to that vendor list
- 6:59they're gonna click the number and be like hey
- 7:00I need some hardwood floors
- 7:02you're not getting credit for that
- 7:04that the referral killer the referral chain killer
- 7:07is putting a vendor list on your website
- 7:09I'm just going to go out here and say it right now
- 7:11you wanna be in the mix
- 7:13making those connections as an agent
- 7:15and it starts with you as a new agent
- 7:18getting out there
- 7:18and meeting as many people as you possibly can
- 7:20in your community I promise you
- 7:23the deals will come from this immediately
- 7:25if you're doing it enough
- 7:26but also the deals will be plentiful moving forward um
- 7:31if you continue to build that partnership right
- 7:33you're in a partnership with every single other
- 7:35small business owner
- 7:36that you send business to
- 7:38it's not a referral partner
- 7:40it's you are in partnership with them
- 7:42you're helping them build their business
- 7:44when they have the opportunity
- 7:45they're going to help you build yours
- 7:47and so if I could understand that piece
- 7:50and not be so focused on getting in trouble
- 7:53or making sure I filled out every single check Mark
- 7:55the truth is
- 7:56that transactions are all going to be different
- 7:58you're going to learn a lot of things
- 7:59throughout your first two
- 8:01three four
- 8:0110 transactions and transaction No.
- 8:05100 might have something completely different
- 8:07that's why I love this job
- 8:09so why spend our time trying to master all of this
- 8:13when there's so many variables that could come in
- 8:15and things change instantly
- 8:17yes understand the contracts
- 8:19understand the flow of the the industry
- 8:21understand all of those things that you have to do
- 8:23but don't put all of your energy into that
- 8:27one of the worst things that brokerages do is they say
- 8:30okay for the first 90 days
- 8:32you're just gonna go to training
- 8:33you're just gonna learn this all
- 8:34you're just gonna do all of this 90 days later
- 8:36the agents are like okay
- 8:37I'm ready to go I know all the logistical stuff
- 8:39I know how to do it
- 8:40I know the lead generation and I'm ready well
- 8:43it takes 90 days to get your first deal closed
- 8:46at the very least maybe not
- 8:47but for the most part
- 8:50so it's really about compartmentalizing
- 8:53the orientation the onboarding the learning
- 8:55and then having a business development plan
- 8:58on the back end
- 8:59that's the secret if I started my business today
- 9:02I would 100%
- 9:04focus more on the connections of other people
- 9:06and connections of other businesses
- 9:08including in the in the short term
- 9:10I would have go to these classes
- 9:12and learn the contracts and all the things
- 9:13because you have to learn your tools
- 9:15so by no means am I saying don't do that
- 9:17saying compartmentalize it
- 9:19so that you have energy and effort
- 9:21and all the things for growing your business
- 9:24and what will keep you in the industry is this part
- 9:27not this part so hope you have a good one like comment
- 9:30subscribe if you're interested in chatting more
- 9:32book a realtor game plan call below
- 9:33we'll see you next time bye bye