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A lot of times, a fresh pair of eyes always pinpoint things that weren’t seen before. When it comes to real estate, it could be as easy as reorganizing the photos, doing some touch up with the staging, or adjusting the price to fit accordingly. I advise agents to do a SWOT analysis of the properties that they represent. They need to look at strengths, weaknesses, opportunities, and threats.
In this episode, I share nuggets of wisdom with three listing agents with properties that have been in the market for some time. I look at the listings and suggest changes to make the properties look more appealing to potential buyers. Listen to this episode to learn more.
Three Things You'll Learn
Photo arrangement: Many people have short concentration spans. It would be best to grab their attention by ensuring standout images come first.
SWOT analysis: Before you list a property, take a moment and look at its strengths, weaknesses, opportunities, and threats.
The essence of having a new pair of eyes looking at your listing: You never know what you may have missed. Also, you get to determine how best we can position a home effectively.
How do you differentiate yourself when you’re meeting with clients? The unfortunate truth is that too many agents don’t prioritize this. However, if you’re going to succeed in this industry, you need to be able to set yourself apart. The way I recommend doing this is through exceptional customer service and gifting. To hear more about this, check out my latest podcast.
Hurray! We’re on episode 250! We’ve come a long way. The truth is, we wouldn’t have made it this far without your support. Thank you for taking the journey with us.
What’s your favorite episode? Which episode made you feel supercharged, like you could conquer luxury real estate in a snap of a finger? Better yet, which episode energized you enough to go after more luxury real estate opportunities? In this episode, I share some of my favorite episodes. I’ve hosted many amazing guests who shared golden nuggets that we can all borrow to better our businesses.
I also want to remind you of some other helpful tips that can help make a difference in our lives. I just returned from a vacation in Rome, and it opened me up to realizing people do things differently in different parts of the world. Listen in to hear more.
“Twenty years from now, you will regret more of what you didn't do.” -Michael LaFido
Three Things You’ll Learn from This Episode
The essence of building relationships and diversifying
Why you should never forget your past clients
Additional Notes:
Be on the lookout for our next book, Secrets of Top Luxury Agents, which will be out in September.
If you have a recommendation you’d like me to have as a guest on the show; please share your suggestions.
Do you have a topic that I should cover? Feel free to let me know.
Feel free to leave us a five-star review if we've earned it, and if not, let us know what we can do to get it.
Discover the secrets to maximizing your conversion rates and perfecting your follow-up techniques in the dynamic world of real estate. Learn how to adapt your style to different personality types and establish meaningful connections with your clients. Don't miss out on this opportunity to enhance your real estate success. Listen in and gain valuable insights.
Are you curious about the ongoing lawsuits between the Department of Justice and the National Association of Realtors?
The three suits include:
No select versus MLS property info network
Burnett Spitzer versus National Association of REALTORS
Moral versus the national association realtors
James will share what the lawsuits entail and what a win or loss of the cases might look like. Listen in and learn.
"Agents who articulate their value will thrive." - James Dwiggins
Three Things You'll Learn from the Episode
The three class action suits currently happening
The impacts of losing or winning either of the cases
What the suits mean to the real estate industry
Connect with Michael LaFido:
Are you under the impression that investing in maintenance will automatically increase the value of your home? Think again. In our latest episode, we debunk the maintenance myth and reveal the real impact on home pricing. Don't miss out on this eye-opening discussion. Listen in and gain valuable insights into selling your home successfully.
Are you looking for a creative option for your ultra-high-net-worth clients that are looking to diversify and enjoy their real estate portfolio? If so, this episode is for you. Spencer Rascoff and I engage in an in-depth conversation on fractional ownership and luxury real estate.
Spencer is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Recon Food and Pacaso. He served as Zillow’s CEO for a decade. During Spencer’s time as CEO, Zillow employed over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Before Zillow, Spencer co-founded and was VP of Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003.
In the fall of 2019, he co-created and co-taught the Harvard Business School’s course, managing tech ventures. Spencer hosts Office Hours, a podcast featuring candid conversations between prominent executives on leadership, diversity, inclusion, and startups.
In this episode, Spencer shares how we can all own a slice of luxury real estate through fractional ownership. He shares the ins and outs of why fractional ownership is something we should all consider. Listen and learn.
Three Things You’ll Learn from the Episode:
How fractional ownership works in real estate.
The benefits of fractional ownership.
How Pacaso works.
Connect with Spencer Rascoff:
Website: http://spencerrascoff.com/
LinkedIn: https://www.linkedin.com/in/spencerrascoff/
Pacaso: https://www.pacaso.com/
Email Spencer: [email protected]
Connect with Michael:
YouTube: @MarketingLuxuryGroup
There are over a million agents out there, so how can you make yourself stand out? The truth is that in today’s competitive market, you need to work hard to win listings. On a recent appointment, I was reminded of how important it is to differentiate yourself. There is one key way that I do this: gifting. To hear more about how I use this strategy and how it can help you set yourself apart, listen to this short podcast.
How often do you follow up with past clients or prospects? One of our biggest shortcomings is giving up before following up. I’ve got Greg Holthaus and Andrew Dorn joining me. We’ll talk about the secret power of following up.
Greg Holthaus is a Tom Ferry coach and currently owns and operates two brokerages. He also owns a property management firm with commercial and multifamily portfolios with over 450 units in Illinois. Greg is an avid user of Follow-Up Boss and Ylopo. He expanded his career and joined the Tom Ferry coaching network, where he has excelled and is currently a top-rated team plus, a master coach, and a member of the Tom Ferry speaking bureau.
Andrew Dorn is the Vice President and national speaker at Follow-Up Boss. He’s got over 25 years of experience in digital real estate and works directly with clients, users, and ambassadors. Before joining Follow-Up Boss, he was the vice president at Realtor.com.
Listen and learn.
"Consistent follow-up sets apart the top producers from average agents in the real estate realm. The differentiating factor propels success and separates the exceptional and the ordinary." - Michael LaFido
Things You’ll Learn from this Episode
Relevant Links:
Follow Up Boss
Connect with Greg
Connect with Michael LaFido:
One of the best ways to get business as a real estate agent is by engaging your database. However, this is often easier said than done. That’s why I send my database one helpful real estate tip every month. By providing value upfront, you position yourself as a market expert and bring long-term business. To learn more about how this strategy works, check out this podcast.
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