Multifamily Insights

Ep. 22: Hiring the Right Real Estate Agent with Aaron Hendon


Listen Later

How do you pick the right real estate agent? If you are like 70% of Americans, you probably just hire the first person you speak with. And you probably won't ask about the agent's performance and track record. Because of this, Aaron Hendon believe many home owners are being short changed during real estate transactions.

Aaron is a Seattle Realtor, real estate investor, author, educator and speaker. He is the managing partner of Christine & Company and his team consistently outperforms the local market, selling homes for over 5% more than local market averages. He has authored two books to help buyers and sellers hire the right real estate agent and gives his key insights to selecting the right agent on this episode of Target Market Insights.

Key Market Insights

  • Ran a bakery in New Mexico, then moved to Seattle in a sales job doing 100 calls a day before becoming a real estate agent
  • People think realtors job is to sell houses, but it's actually to sell yourself
  • home in King County sales for 100.1% of listing price, Christine & Company sales are 107% of listing
  • His trick for achieving an almost 7% increase on the market: "Measuring It"
  • Seattle is seeing a 15-year low in available inventory with 4,000 people moving to the area each month
  • Amazon is largest employer in Seattle
  • Median price in Seattle has jumped from $535k to $735k
  • Zoning tax breaks drive apartment building not condos, with tens of thousands of apartments coming on the market
  • Affordability is an issue so residents are moving 30 minutes outside of the city to areas like Everett, Edmonds, Shoreline, Kent, and even Tacoma
  • People don't ask realtors for their last 12 months of sales, because people are constrained on questions where they should know the answer
  • People think you're supposed to know how to sell your home
  • 70% of home buyers hire the first agent they talk to
  • Tips to hire the best agent: Look for someone with a track record in sales at the pricepoint, not the neighborhood – do they have a buyer track record for buying homes under list price
  • Questions to find an investor friendly agent: How much of your business is from referrals?

Bull's Eye Tips:

Winning Your Market: Slow down, check your gut and rationally examine all aspects of the transaction

Market Changes: Read, Listen to podcasts, Setup Google Alerts

Daily Habit: Miracle Morning practice (Silence, Affirmation, Visualization, Exercise, Reading, Scribing) Resources:

Pre-Launch: Shortchanged by Shortcuts? 44 Surprising Ways People Rip Themselves Off When Buying or Selling Their Home by Aaron Hendon

Don't Get Fooled Again: An Insider's Guide to the 7 Questions You MUST Ask to Avoid Hiring the Wrong Real Estate Agent (Again) by Aaron Hendon

Best Business Books:

The Undoing Project by Michael Lewis Never Split the Difference by Chris Voss

Pre-Suassion by Robert Cialdini

Miracle Morning by Hal Elrod

Digital Resources

Facebook

Podcasts

Audible

OverDrive - free library of eBooks, audio books and videos

Tweet This:

  • We measure sales to list and you get what you measure
  • People think realtors job is to sell houses, but its to sell yourself
  • 70% of home buyers hire the first agent they talk to

Places to Grab a Bite:Paseo Caribbean Food in Seattle

Connect with Aaron:Facebook: https://www.facebook.com/ahendon

Email: [email protected]

Leave us a review and rating on iTunes or Stitcher. Be sure to check out more info at TargetMarketInsights.com.

...more
View all episodesView all episodes
Download on the App Store

Multifamily InsightsBy John Casmon

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

277 ratings


More shows like Multifamily Insights

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,729 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,859 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

999 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

831 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

602 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,912 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

966 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,397 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

411 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

424 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

724 Listeners

The TreppWire Podcast: A Commercial Real Estate Show by The TreppWire Podcast, A CRE Show

The TreppWire Podcast: A Commercial Real Estate Show

226 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

135 Listeners

On The Market by BiggerPockets

On The Market

902 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

858 Listeners