Real Estate Marketing Dude

Without a brand, your business is already dead. But what is your brand doing for you? This is a great time to develop your brand into something that will bring in a consistent stream of clients.

Check out Laura's Website

Real Estate Marketing Dude

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Transcript:

00:00:02:05 - 00:00:28:13

Unknown

Laura, go ahead and tell my editor for Shownotes name website. All of your social handles, stuff like that. And so it's Laura Griffin and the website is groups within us to leads within Ask.com and the same social media handle. Or you can also do for Instagram. It's Laura Griffin Rail, a tour that's set up while we're talking here.

00:00:28:15 - 00:01:59:11

Unknown

All right. You ready to rock? Yeah. So you said groups to leads like the number two. No. To gay. I mean, just see. So some visuals and it'll be good to go. Ready, Rock? Yeah. All right. Three, two and one.

00:01:59:13 - 00:02:18:11

Unknown

So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webmaster Real Estate Marketing in this podcast is all about building a strong personal brand. People have come to know like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them.

00:02:18:15 - 00:02:30:14

Unknown

Let's get started.

00:02:30:16 - 00:02:54:03

Unknown

What's up? Ladies and gentlemen, welcome. Another episode of the Real Estate Marketing Dude. Podcast books should It's hitting the fan. There are things happening in the marketplace. Mortgage apps are the lowest they've ever been in the history of mortgage apps. What are you going to do? I see nothing but giant opportunity in this marketplace because as agents continue to dwindle and whatnot, it's just a reality of the situation.

00:02:54:05 - 00:03:11:19

Unknown

The amount of agents leaving the industry is not as large as the number of homes still being transacted. So there's actually a large opportunity there. However, you need to know how to capitalize on that opportunity and anytime there's a shift. Brands are built, all right, Brands are built, and without a brand, you will not survive in this fucking space.

00:03:11:19 - 00:03:28:05

Unknown

I don't care what you say. You need a brand to continue going forward because no one's hiring the realtor for what they do. You're it's a commodity in the consumer's eyes, but they're hiring. You force how you do it, but you have to be thought of first. You have to be top of mind first, and you have to be able to connect with people because you're no longer a real estate agent.

00:03:28:05 - 00:03:55:11

Unknown

Your damn media company been screaming this since 2014 and I've been damn right we have probably Today show one of the best brands I've seen and we just met like, I don't know, Laura, we haven't talked before. We've met for what? Laura At 4 minutes? Yeah. 30. But I could tell you just from browsing on her website right here, her brand is one of the best I've ever seen positioned wise, especially for a real estate agent.

00:03:55:13 - 00:04:15:24

Unknown

And she positions herself as a mom. And I bet you Laura can probably charge me an 8% commission and I wouldn't give a shit. I'd probably still hire her because I could connect with her so much. And there's a difference between people. Like when people are hiring you, they're hiring you for how you do things and more importantly, what you stand for.

00:04:15:24 - 00:04:34:24

Unknown

But it's ultimately the way you make them feel. And your brand is the direct reflection of that. The reason why I'm harping on this so much is because right now, developing your brand is going to be easier than when the market's hot. So when you're when people are like, look how many realtors stop doing video in the last time, I'm telling you, I used to do videos for hundreds of realtors.

00:04:34:24 - 00:04:54:03

Unknown

I lost over 75% of my business in the shift and the amount of people leaving, that just it's a vacuum for attention on social media. It's a vacuum to get your face out there, because regardless of what happens when people are pulling back on their budgets, this is when you double down. But if you don't have a brand to go with it, it's going to fall on deaf ears.

00:04:54:05 - 00:05:12:06

Unknown

So what I want to focus this show on is how to really develop your brand and what a better example than to have Laura Griffin here today and share with us exactly how she I don't think Laura sells real estate. I think she's a mom that happens to sell real estate on the side. At least that's the way her brand is positioned.

00:05:12:06 - 00:05:35:15

Unknown

And this is an unbelievable way that she's doing it from her fonts to whatever the colors are really good or sharp, but she's doing it. She did this in a cold market because she literally went to a brand new cold market, new Nobody didn't buy any leads but focused on her own personal brand, adapted that to her business, built a Facebook group and now she's talking, crushing it.

00:05:35:17 - 00:05:58:14

Unknown

Without further ado, let's go ahead and introduce our guests, Ms.. Laura Griffin. Laura, once say hello to everybody and tell us a little bit about who is Laura. Quick story. Where'd you go? Where you at? Where are you from? Hi, everybody. Thank you so much for that introduction when he was Laura Griffin, I'm a real estate agent, and then the Northern Virginia areas, which is my inside Washington, D.C., we moved to this area, Oh, gosh, almost 12 years ago.

00:05:58:14 - 00:06:18:19

Unknown

My husband was military, retired and worked for the government. And so we moved from Northern California to Northern Virginia. I didn't know anybody. I was in the corporate world, in the banking industry as a bank manager. I had my daughter that I got to be a stay at home mom. This is going to be great. And I failed at it.

00:06:18:21 - 00:06:34:12

Unknown

After a few months, I was like, I think I need something to do. And I had been in the real estate industry in California in a different capacity and called the who's now my broker, who sold us our house. And they said, have they contacted real estate? How does this work? What I need to do a lot, a lot.

00:06:34:14 - 00:06:55:23

Unknown

And so he hired me and said, Hey, I'm hiring my team, which later turned into a brokerage and up a thousand plus agents in our area. And I was on his team. He was our team lead, and they gave us some online Zillow and Zillow and Facebook ads, all these different things. And I quickly realized that was not my jam.

00:06:56:00 - 00:07:13:23

Unknown

And if you ask him, I probably lost him thousands of dollars. And with a young child, I couldn't pick up the phone. It was like speed delete, right? And I'd always fail because there was no way I could call that Lee. The first second it came in and keep calling. And, you know, my daughter was little and and all these things and I hated it.

00:07:14:00 - 00:07:31:08

Unknown

And I hated doing open houses on Sundays because I had a little child. And that was the day my husband was off to his job. And so it was like, I don't want to give up my weekends. And so I start going to mommy me classes. And I was like, I really like this networking thing. And ended up starting a Facebook group in our area for local moms.

00:07:31:08 - 00:07:45:06

Unknown

And it's county wide because there are areas the county made more sense when you started that not to interrupt you, but when you started that group was real estate in mind or you just wanted to connect with other moms, just wanted other moms to go coffee with you. Because I was born, I didn't know anybody. We had no family.

00:07:45:06 - 00:08:04:10

Unknown

We no friends. Like it was more self-serving. It sounds really bad, but it was self-serving. I wanted I wanted friends. Okay. I'm going to bring that up in a minute. Write that down. Okay. So I wanted to friends and I had like a handful of friends I'd meet at a hospital, mom's group, and I ended up into the group and it was just like night, you know, like my kids aren't sleeping.

00:08:04:10 - 00:08:21:08

Unknown

What do I do? Kind of things. And I thought, no one's going to join this group, and my friends join a few their friends over and a whole bunch of people started joining and it kind of snowballed into this thing. We're just about it. I have little mini groups too, so if you count the mini groups, we're out over 12 are over 12,000 members.

00:08:21:10 - 00:08:40:12

Unknown

And I slowly realized I was better placed to face connecting and people thought I was some sort of a local celebrity. Like people will stop me at Target or the farmer's market. My kids just go, Oh my God, I please stop. And these people want to talk to me because I'm a celebrity. And I was realizing that they already knew, liked and trusted me and they were comfortable with me.

00:08:40:12 - 00:08:59:16

Unknown

And so I was getting all clients that were moms with little children because they could relate to me. And I can relate to them. And their transaction with children is a little bit different than if you're downsizing or you're a first time home buyer. And most of them are trade up clients because they've little kids. They outgrew their house and they're buying a bigger home.

00:08:59:16 - 00:09:24:02

Unknown

And so I started rea

If you are still telling people that you are in real estate, then you are in for a rude awakening when they forget. You should be reminding them, that way you are always top of mind, and more likely to get their next home purchase.

Real Estate Marketing Dude

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If you are running your business the same way you always have, it might be time to consider switching things up. Today we are talking about what the next generation of successful realtors are going to look like in the next couple of years.

Real Estate Marketing Dude

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REMD on YouTube

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Building your brand is essential, we all know that, but what should your brand be? What should it look like? Why not make your passion part of your brand. Today we talk to Atticus Ray, and that is exactly what he did. Today he has a show on Apple TV+ and Amazon Prime Video that proves that you can make your passion your brand.

Atticus' Website

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Transcript:

00:02:23:00 - 00:02:58:15

Unknown

So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webster, Real Estate Marketing Dave. And this podcast is all about building a strong personal brand. People have come to know like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them, Let's get started.

00:02:54:03 - 00:03:41:16

Unknown

What's up? Ladies and gentlemen, welcome to the episode of the Real Estate Marketing Dude podcast. Folks, you've been following along the last few episodes. What we really been chatting about is what are you going to do in this type of market and the opportunity that really exists. As a number of realtors continue to exit the business. The guest we're going to have today is getting into the business, and I don't think it's going to matter what type of market anybody has.

00:03:18:08 - 00:03:41:16

Unknown

When you have a brand like his and I've been I say this for the last fucking eight years, this is very simple. You have to stick out in this business. If you don't stick out, you're just another commodity. And that's why it's so hard to get ahead. But if you look around and you see anybody that's doing anything a little bit different, you'll realize that none of them have a lead generation problem.

00:03:38:06 - 00:04:00:21

Unknown

None of them have a shortage of opportunities coming across their desk. And but the reality is that so many people will be like, oh my God, I'm so scared to do that. I'm scared to step outside of my comfort zone. I want to be a fucking Stepford wife. You cannot do that in this business. You need to absolutely stick out and you have to be true to yourself.

00:03:57:14 - 00:04:17:13

Unknown

You don't create your brand, God does, and the ones who embrace it and sing it and scream it from the rooftops, or in this case, dance it, are the ones who typically generate the most amount of business, at least in real estate. So without further ado, and introduce our guest. This is this guy is very interesting. We just met a couple of minutes ago.

00:04:16:03 - 00:04:58:06

Unknown

I'm looking at all his websites right here. He's got his own reality show on. He's a real estate developer, but he's not just any type of developer. He ties in tap dancing into all of his marketing and the like. It's fantastic. So I'm interested to speak with you today. Why don't you go ahead and introduce yourself, tell our guests a little bit about whom you are, what the hell we're going to talk about today.

00:04:37:12 - 00:04:58:06

Unknown

And I got all kinds of questions for you after that. Okay. Well, hey, man, I'm glad to be on. Excited to be here. I'm here promoting our show rhythm with views. My name's Atticus Sumner by my stage name. He's my middle name, Atticus Ray. And so that's kind of you see a difference in the name. That's what's going on there.

00:04:55:14 - 00:05:33:07

Unknown

So that x ray and rhythm with views is the show. And yes, I started off my career as a dancer, just humbly just doing after school type classes and just trying to work my way through college, basically teaching dance. And it was a natural talent. I kind of got it came across easy to me and I just kept progressing and progressing and I found myself, you know, paying my way through school, doing this.

00:05:21:14 - 00:05:51:17

Unknown

Then I had the bright idea one day that what happens if my legs stop working? Or what if I can't dance and everybody gets older? And so that's what kind of got me into real estate. I figured that was never going to go away. And we've all got to live in a house, so why not learn all about it?

00:05:36:17 - 00:06:10:05

Unknown

And that's kind of where those two careers kind of met. And I just kept going forward. And when you look at the show, it says Rhythm with views where big construction meets big production and ironically, producing shows and making houses ironically are very similar. You've got to get, you know, talent and people together and you create this product from scratch that nobody can see, and you have to make a final product basically out of thin air.

00:06:04:15 - 00:06:27:23

Unknown

And you have to have the vision to do it. And so ironically, they're very similar that way. So this is I want you guys to unpack what he said there. Right. And every single one of you have an individual brand and just the vast majority. You too scared to bring it out there and bring it out. And your brand is just your personality, right?

00:06:23:20 - 00:06:56:24

Unknown

Like, you can't fake this. You cannot fake a brand. You have to be it's so hard, especially like I don't think you could survive in real estate without creating content anymore. I think in some way, shape or form, you're creating some type of content, right? And and if you're not, you're you're getting your ass kicked. Let's be honest.

00:06:40:12 - 00:07:15:15

Unknown

The question, though, is what do how do you create content on it? The number one problem we deal with and the people will be like, What am I going to create content on? I'm boring. Well, it's not about the business you're in when you're creating content, it's about reminding people you're the business you're in through storytelling and through entertainment, through content creation.

00:06:58:12 - 00:07:36:13

Unknown

It when you start just getting up on a soapbox and talking about how many houses usually you sold this month or all that, you're just whether salesperson chasing a truck and that's how it is. You have to it's a people business. So it's not so much about I create content to tell everyone I'm in real estate, I create content to remind them I'm in real estate for when the time a referral or their direct selling or buying opportunity comes across their desk.

00:07:21:05 - 00:08:06:13

Unknown

My name is the only fucking one they think of. Yeah, well, I think you're hitting on it. You know, facts tell and stories sell. So, you know, you lay out all these facts and, you know, honestly, you know, in today's world, I think that just comes across as a brag and nobody likes a beggar. So it's illegal to make money anymore on social media.

00:07:40:23 - 00:08:06:13

Unknown

Like if you start talking about how much money you made else on your prick right? Yeah. So nobody wants that. Nobody wants to hear it and you're not getting ahead. You're probably turning off more people than you're impressing. Yeah. And let's face it, the people that are impressed by that are probably not the people that you even want.

00:07:56:06 - 00:08:28:22

Unknown

Okay? And so the genuine people are really not impressed by you just spouting off, you know, Oh, I sold this. I made that look at me. And if you're going to say, Look at me, I love where you're going with that, because I struggle with that, you know, trying to almost look ahead to identities. You know, am I a dancer in my real estate?

00:08:14:16 - 00:08:48:20

Unknown

What am I doing? You know, and then hard to separate. Just combine them in a combine. Yeah, I couldn't I couldn't hold back. It was like an inevitable force of nature bringing those two together. Yeah. And I was going crazy trying to carve myself up into pieces and do this or do that. And then finally I embraced it and I said, This is who I am.

00:08:33:04 - 00:09:10:18

Unknown

And, and it's been great. And actually, that led to this show. I mean, I never dreamed of having a reality show, especially about these two characters. But now I can't imagine not having it. So it really has come together. Nothing bad happens when you create content. Opportunities always come up and none of them usually have to deal with real estate.

00:08:50:22 - 00:09:26:13

Unknown

It's just what happens. I've seen so many people just come across, just so-and-so, somebody that we had a client we were creating content for. And then they got pitched a reality show because her YouTube channel was blown up, right? Oh yeah. We took a guy yesterday I'm working with, I'm creating his content strategy and he's a Hispanic guy out of DFW area, 75% of his business is towards the Hispanic community, but he's a musician primarily, so he's going to become the singing realtor.

00:09:19:23 - 00:09:50:01

Unknown

But it's I don't know if I'm going to go La Bamba with it or what we're going to do, but he's excited. Like, I'm here in a lowrider. Yeah, you don't you don't have open houses anymore. You have open mic nights, right? You don't have you don't have like I'm sure in some of your marketing I haven't checked it all out yet, but I'm sure you're like tap dancing across a kitchen or something.

00:09:38:14 - 00:10:07:23

Unknown

And some of it is that.

Education content is boring, we all know it. But how can we use it to cultivate an audience and improve our brand image.

Mark's Website

Real Estate Marketing Dude

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Transcript:

00:00:02:07 - 00:01:05:13

Unknown

Tell the editor your name and the website that we're going to put in the show notes here. My name is Mark Sullivan and the website is Homeowner Dash Handbooks. Who are you ready to rock? Yes, to anyone.

00:01:09:21 - 00:01:28:18

Unknown

So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webmaster Real Estate Marketing Dave and this podcast is all about building a strong personal brand. People have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them.

00:01:28:23 - 00:01:37:23

Unknown

Let's get started.

00:01:41:03 - 00:01:58:20

Unknown

What's up? Ladies and gentlemen, welcome to the episode of the Real Estate Marketing Dude Podcast. Folks we're going to be chatting about today is and I'm basically going to dedicate the rest of this year to is being different, standing out, getting ahead, doing things differently. You're going to have to work a little bit harder in this type of marketplace.

00:01:58:20 - 00:02:16:02

Unknown

And because of that, I mean, you're going to do things that you probably weren't used to doing. And when the market shifts, you have to shift with it. The ones who will stay and remain complacent are the ones who get their ass kicked in times like these. But on the flip side of that, I don't mean to be all doom and gloom because there's nothing but opportunity in shifts like this as well.

00:02:16:02 - 00:02:32:21

Unknown

At the same time. And it's only during a shift that you really build share market share, you build brand, you build huge opportunity because the shifts are when businesses are made really it's very hard to get ahead when everything is going well and everyone else is crushing it around you. But it's very easy to get ahead when nobody else is.

00:02:33:02 - 00:02:50:19

Unknown

But you need to know where that opportunity is going to be at so we're going to, you know, going forward, this is the second half of the year in 2014 and dedicate the rest of the year to sort of just standing out better serving. How do you become a better agent, a better lender? Why should people shoot, you know, choose, use what makes your shit not stink?

00:02:51:12 - 00:03:10:20

Unknown

Why are you the bottom? Why do people need to call you like that's a week? That's that. That's what we want to chat about. So I'm bringing on a past client friend, known him for a couple of years and he's a mortgage broker right now and you know, obviously mortgage brokerage business is down across the board. Right. So, however, he didn't stop.

00:03:10:20 - 00:03:30:00

Unknown

He kept working harder and harder. And I seen him working on this project that he's been building and whatnot, and I want him to come share his experience. But in short, what we're going to be chatting about today is how do you use education and how does that work within the buying cycle? A lot of times I see a lot of realtors try to create content and they try to create education, but it just falls on deaf ears.

00:03:30:00 - 00:03:46:23

Unknown

It never really works. They make a video or they make a post. They do it on Facebook and then it dies in the newsfeed and everyone forgot who the fuck they were or what the fuck they talked about. So how do you leverage education to convert, attract and get more business ultimately? So without further ado, let's go ahead and introduce our guest, Mr. Mark Sullivan.

00:03:46:23 - 00:04:16:08

Unknown

What's up, Mark? Hey, what's going on? Mike Thanks for having me. Why don't you tell everybody a little bit about who the hell you are, where you at, and what are we going to be talking about today? Yeah, absolutely. My name is Mark Sullivan. I run a mortgage team out of Nashville, Tennessee, licensed in most of the Southeast and eight different states and built my business on the back of educating clients.

00:04:16:08 - 00:04:43:23

Unknown

Right. Making sure that my clients, my clients stuck with me because of the education that I provide and the value that that I provide to my clients. So tell me about you. Obviously, you do a lot with real estate agents, I'm assuming. Right. So you work with a lot of real estate agents and I've never really it's crazy because we create a lot of videos, guys.

00:04:43:23 - 00:05:00:16

Unknown

We've done over 4000 videos like a scene every type of video could possibly create about real estate in space. And I can tell you that when you're creating videos on education, they're usually the least engaged pieces of content that you'll create, right? So if I create a video on the home buying process, I might get like ten views on that thing, right?

00:05:00:22 - 00:05:22:04

Unknown

But if I create a video about me dancing in a in an elf outfit at a listing, I'm going to get like 30 500,000 views on that video. But why is there a difference in content and it's not that one's bad or the other, it's just on you need to know. On how to use the content. Some of the most important content that you guys should have and everyone should have is education about why the fuck you're an expert?

00:05:22:11 - 00:05:44:24

Unknown

Like Who the fuck are you and why should I let you tell me what to do on the largest investment of my house or in my lifetime in educational content is what we call core content. Core content is there. Everyone needs it. You have to have you imagine a hotel not having pictures of their pool and it's a resort online, right?

00:05:45:00 - 00:06:05:16

Unknown

Yeah, right. Exactly. No entities. That is their core content. Right. And you got to look at like from any other business, it's just go around other businesses just so you guys get in the right mindset because the question I'm going to ask yourself while I'm walking through these examples is if you visited your website, would you fucking hire you seriously, look at your own website and be like, Dude, would you would I hire myself?

00:06:05:16 - 00:06:26:22

Unknown

Like, Seriously, what are my site actually tells people I'm an expert and why should they trust me? Because I'm a realtor. No one cares, right? That's where education comes in. So although it isn't like the most sexy type of content to create, it's the stuff you use over and over again with every single client. No one cares that your license, only one cares.

00:06:26:22 - 00:06:46:24

Unknown

Is that your what you could do with the license? So how are you using education in your process? Like obviously you're more on the buy side, but talk to me about that. What do you do education wise? How do you leverage education to enhance the experience? But more importantly, make realtors look like freaking badasses because that's ultimately like your secret sauce, right?

00:06:47:14 - 00:07:14:16

Unknown

Right. Right, exactly. And the difference I think the difference between the two videos, you know, the examples that you gave was the video's for entertainment purposes. Right. And the the education the education is more targeted. Right. You're shooting for a specific person that you're talking to and you're a specific audience that you're targeting things to. And so what we try to do is we find we find people where they're at in the process.

00:07:14:16 - 00:07:36:22

Unknown

And when you have a whole when you have a whole learning center or a whole library of educate, then it doesn't matter where I find that person, I know where to place them. Right. If they if they're a renter, I know. I know to put education in front of them, that will make them a first time homebuyer if if their objection is that they have a low credit score.

00:07:37:05 - 00:07:58:00

Unknown

I've got tons of credit score education material that I can put in front of these people. And, you know, they can consume at their own at their own pace and and start fixing their credit score. Right. If somebody comes up to me and says, you know, I get introduce somebody, hey, Mark's in the mortgage business. I'm like, Oh, yeah, I just bought a house for four months ago.

00:07:58:00 - 00:08:17:01

Unknown

Right? That's that's like the ultimate thing for anybody to tell you, because they know that, you know, I'm not going to try to start selling them a mortgage or a real estate agent isn't going to start selling them a house because they just bought one. Right. That they're in the safe zone. But I go, okay, that's great. Hey, my clients, whenever my clients close, I always give them a gift.

00:08:17:11 - 00:08:42:18

Unknown

And this gift is the homeowner handbook and it's a learning center. And half of it, not half of it, but a lot of it is based around being a great homeowner. I'd like to give this to you. Right. And that's that's usually where I leave it. But I hand that to

Today we are talking with Zach Beach and we are looking at creative ways to expand your skillset and diversify your offering. If you are still doing things the traditional way, then you are blending into the crowd with a million different agents.

Get a Copy of Zach's Book

Real Estate Marketing Dude

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Transcript:

What's up? Ladies and gentlemen, welcome to the episode of Real Estate Marketing Dude Podcast. Folks, the market has changed. We're going to change with it. And what we're gonna be talking about today is a way to do that. If you're still doing business, the way you have 12 months ago, you're probably suffering. There's a reason why 60,000 real estate agents that I keep saying is probably 40,000.

00:04:11:23 - 00:04:27:04

It's going to be 150,000. It doesn't matter because when the market shifts, people don't know what to do. And most of you've never seen a shift in your life. And to the tune of like 80 plus percent of all real estate agents have never seen a shift. When the shift happens, it's the opportunity. This is when people make their money in real estate.

00:04:27:14 - 00:04:42:20

And what we're going to be talking about today is a creative way to go ahead and do that. If you're are a real estate agent or your lender and you're still doing things traditional, there's nothing that makes you different. The reason why some people make a lot of money in real estate is because they do things no one else knows how to do.

00:04:43:01 - 00:04:59:00

And that's why we're going to chat about today. And the more problems you can solve, the more money you will make. And if you're doing what everything else does, like every other agent, there's a million of you guys, a million real estate agents. Great. I could go out and sell a house. Good. Fucking big deal. I have access to the MLS to anyone can sell a house.

00:04:59:00 - 00:05:20:00

It's how you sell it that makes people hire you. It's the value you bring to the table, which is a skill set. Today we're going to be talking about creative financing in real estate so you can see how you do deals, how you can advise on deals and bring value to the table. Because the one who does is the one who's going to not only succeed in this market, but they're going to take market share.

00:05:20:07 - 00:05:41:06

So without further ado from smart real estate coach dot com, we have Zachary Beach to come in and schools today. What's up, Zach? Why what's going on, my man? I couldn't agree with with I couldn't agree with you more with most of the things that you said there. Although I'm not a real estate agent, I work with many real estate agents and show them how to get on the investment side.

00:05:41:21 - 00:06:05:15

But also my partner was a broker owner for 18 years and my other partner was a realtor for eight. So totally get that side of the business. But now is the opportunity, especially is less opportunities in the traditional side or rear in their heads. Now is the opportunity to get on the investment side, especially in an unstable market, which is exactly where creative financing it's said every real estate agent should be in investing.

00:06:05:15 - 00:06:21:02

Like if you're investing, you should. I mean, if you're sitting and you should be investing. ECOtality doing if you're not that's all purpose because you'll burn out. I burnt out ten years in a real estate agent if you're really doing deals like if you're doing 30 plus deals a month, 40, 50, 60, you're burnt out after ten years.

00:06:21:02 - 00:06:36:21

It's it's a hard business and it burns you out. So I ended up in San Diego. But let's get into this thing on on creative financing. And one I want you to tell us a little bit about what type of creating financing you're doing. So I know the exact property types and all that, and then I got a whole bunch of other questions.

00:06:38:06 - 00:06:59:16

Yeah. So, you know, me and my family have been buying specifically to create a fantastic for over ten years now, we've been teaching people on how to actually execute our creative financing strategies with our trademark three a system for about ten years now as well now have done hundreds of millions of dollars worth of deals without using cash, without using credit, without going to banks.

00:07:00:07 - 00:07:27:20

So the three strategies that we used after we kind of utilize those three things as, as our, as our rules per se are our lease options buying properties subject to the existing loan and seller finance. So a lease option, really, all that is, is just the ability to control an asset without ownership, with the intent to go ahead and sell it on a on a lease option, most likely owner financing it.

00:07:27:20 - 00:07:46:21

Just when you're you're speaking with sellers and you're solving a seller's problem and they want to be your bank. And this goes great with a lot of people that have, voila, equity in their property or have no debt where it's second homes or have inherited properties. They see that asset or they see that property is now a liability on that asset.

00:07:47:03 - 00:08:11:09

And you can go in and step in and they can get some cash flow from it. I lost a lot of tax benefits associated with it and then the last one would be buying a property subject subject to the existing loan, which really is the complete opposite of owner financing. It's where a property has little equity in the property and you go ahead and you close on this property subject to the existing loan, meaning the loan is going to remain attached to the seller's credit.

00:08:11:16 - 00:08:31:06

So that can be paid off. But title will transfer to your business. And that's that's how we control these assets own these assets. And then our primary exit strategies are rent to own or owner financing as well. So we do two creative on both sides. Okay. I need to talk to you about something after this podcast on that.

00:08:31:13 - 00:08:48:11

All right. So let's start let's dig deep in. Let's let's lease option as lease option, give you equitable right their interest to go ahead and actually like do show with the property. So I could dumb that down for people. Yeah, 100%. I mean, that is basically what at least that option gives you the ability to then go market the property to an end buyer.

00:08:48:17 - 00:09:12:11

Our end buyers tend to be people that need time in order to qualify for loans. Is the UN bankable people and what they really need is time. So that's anybody that has a legitimate hiccup in their credit, somebody that is an entrepreneur and a self-employed business person because they need seasoning. It could just be anybody that right now that needs time because they could qualify for a loan at 3% and now they can't qualify for 7%.

So these are legitimate buyers that just need time. So, yes, the lease option agreement and we do it slightly different, which is which is really important. If you actually if you have people that have done creative writing deals, listen, this podcast, here's a small tweak that you can make right now. Or if you're brand new at real estate investing, you're going to be doing it right day one.

And I think it's different than what everyone else is doing. And that is when we go ahead and lock down a property in our lease purchase agreement, we actually lock in the position of the seller and all we're guaranteeing is paying off the loan in the future and giving the seller the equity that we locked in to. The difference between us and someone else is most other people's lock in a purchase price.

So they have zero protection for a down market and they don't get the benefit in the principal pay down or the appreciation as much of the appreciation on the property. So really cool tweet there for you as well, Suze. We're controlling that asset now. We're going to go ahead and sell the property on a lease option as well.

It's also known as a sandwich lease option. So what's it out there? A scenario of that? Because here's where I think a lot of agents, if they're putting together these deals and whatnot, most you guys are lenders or agents listening to shows. I'll speak through that. Give me a scenario where I'm coming across and where this might be just my play.

So like because books here's what the reality is. You see a lot of distressed deals and people are going be open to these type of conversations. Right. And you need to know how to take them down, not only just for yourselves, but like you might have some other client. You're doing this on behalf and ultimately you just need to know how all this stuff works because it just puts you in a different category.

So give me a let's do it like an example, like how this would play out. Yeah, absolutely. So if I'm if I'm also listening or listening to this and I'm looking through this as a lender or a or realtor lens, right now, if I'm a realtor, I'm sitting and I'm saying anything that doesn't fit inside my current box because I'm not I'm not suggesting after you listen this podcast, that you completely throw out your normal business.<

What sets you apart from your competition, and if you say "I care about my customers," you are exactly the same as all of the rest. Today we talk about how to stand out, and how to make sure people know you are actually different.

Check Out Her Website

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Transcript:

00:05:04:20 - 00:05:32:18

Unknown

So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webster, Real Estate Marketing Dave. And this podcast is all about building a strong personal brand. People have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them, Let's get started.

00:05:35:22 - 00:05:54:00

Unknown

What's up, ladies and gentlemen? Welcome to that, brother. Let me start that over. What's up, ladies and gentlemen, welcome to another episode of the Real Estate Marketing Dude Podcast. Folks, what we didn't do here to start on my mike on today, it's like the only the third time I've ever done this in my life. But I do have a earpads earpods and I think you could hear me just fine.

00:05:55:01 - 00:06:14:07

Unknown

Dude, the phone, the markets change quite a bit, you guys. And what I want to share the rest of the year, I'm actually just going to dedicate towards sticking out, doing things different. What do you do now? Because the one thing that you have to do is change your marketing along with it, because if you're still doing the same shit you did six months ago, well you're going to go out of business.

00:06:14:07 - 00:06:34:05

Unknown

And so the latest news, about 60 to 80000 realtors have already done just that. And when a shift happens, you either shift with it or you shift right out of it. And this will be my second and a half shift I think I have had over the last 20 years. So I always get emails and people pinch me to come on this show every week.

00:06:34:14 - 00:06:51:22

Unknown

And this one was pretty cool. So I wanted to have her on and share with us what she's doing. But I'll give a quick intro and I'll let her tell her tell you a little bit more. But in short, they have taken a truck rental company, re-engineered it, and almost sort of like partner with people on marketing and advertising.

00:06:51:22 - 00:07:10:08

Unknown

In a sense, she's going to explain her whole process. But the reason why I wanted to do this show was I remember I was right when I moved to San Diego. I was driving down the street and I saw a realtor doing an open house, but it wasn't a typical open house. What they actually were doing is they had a taco truck outside the open house and they threw a damn taco party.

00:07:10:15 - 00:07:27:03

Unknown

Now that was one of the best open houses I've ever seen, but I instantly thought to myself, like, what should if this they're sticking out, they're doing something different on just an open house. And the reality is just the type of stuff you need to do in a market like this. People will remember how you do it, not what you do.

00:07:27:03 - 00:07:44:19

Unknown

And everyone in their mother has a real estate license that does not give you the legal right or any right to go out and make $1,000,000 gives you a legal right to technically sell a house and collect money for it. So without further ado, we're going to go ahead and introduce our guest, C.J. C.J, why don't you say hello to our listeners talking about who the hell you are and what we can talk about that.

00:07:45:16 - 00:08:14:20

Unknown

Well, I'm C.J Streit with On the Move and we're located here in San Antonio, Texas that work with real estate agents nationwide. And we have a company called On the Move where we we've been in business since 1992, advertising a pretty unique marketing tool for various agents. And you guys have a what they do, you guys is like, it took me a second to get my head around it, but they basically wrap a moving truck for real estate agents, your branding, your everything.

00:08:15:05 - 00:08:32:24

Unknown

You lease the truck and then you buy it when you're done. But they build the truck brand for you. And I've seen so many people trying to say, how do I get a moving truck? How do I do that? And I'm assuming these are the trucks you see when people like, Hey, I'll move you for free when you see like the big realtors like image on their network with their thumbs up, right?

00:08:33:09 - 00:08:48:21

Unknown

Yeah, that's us. And we try to I try to keep my brand out there. So but a lot of people have a hard time finding who we are as a real estate agent because it's all branded for you. So we're actually the fourth largest rental fleet in the United States, but all of our trucks are branded for our customer.

00:08:49:04 - 00:09:19:12

Unknown

So if you see any kind of truck that has a realtor on the side or a real estate agent, then 90% chance it's ours and that they used us. If you see like the aerodynamic look of the truck, my family, my grandfather actually designed that truck so it's unique to on the move and we it's a one piece fiberglass shell so it's like looks a lot better with graphics it doesn't have like the rivets because I know one time we had this beautiful girl, she had a truck with a rivet and looked like she had a big mole on the side of her face.

00:09:19:12 - 00:09:34:10

Unknown

But we definitely we we fixed those graphics so it didn't didn't look like that. But I mean, you never know with rivets exactly where they're place and stuff. It is a little bit trickier with graphics design and that kind of thing. You probably didn't like that one too much. I know she did not and we didn't either. We wouldn't get to.

00:09:35:16 - 00:09:57:19

Unknown

But so I want to go. I want to dig dove through this because it just so many agents and like you guys are her listeners like I always ask someone would you hire you off your website? And then what's the difference between you and every other agent and every single time you? I know the answer is like, what's the difference when you and every other agent they go, I care for my client, I'm going to like do the right thing by them.

00:09:57:19 - 00:10:16:11

Unknown

I'm like, No fucking shit. You have fiduciary duty to do that. Like, you don't need to tell someone that you're going to work in their best interest. That's sort of assumed, isn't it? And you have to. You have to. I got a mortgage broker tells us, oh, I'm going to do my best. Buy the client. Thanks, bro. Like, what a great guy, dude, that's not part of business.

00:10:16:11 - 00:10:32:21

Unknown

This is what you have to do. That's why you're in business, because you do a good job in customer service. Our some of your clients using this thing because it's all brand. I've been saying this for the last since go back to 2014 when I started to show you guys it's all brand people hire you off a brand, you don't care about your broker, their income or anything else they care about your brand.

00:10:33:20 - 00:10:53:01

Unknown

Are people using this drug? They're using it just to help their clients. It's a total tool for benefiting their clients, and they let their customers use it whenever they're moving. I have customers or, you know, real estate agents that use it like anybody who's ever use them, use this truck. Well, the more your trucks on the road, the better it is for you.

00:10:53:01 - 00:11:15:24

Unknown

It's more living billboard for you within a rolling billboard with your name and your brand on it. But to have that advantage and be able to use that truck and have access to a truck like that, especially when moving, not everybody a lot of people obviously use a moving company when they move in, but it's hard. Not everybody thinks of all the details that they need when they move in, like they go to Home Depot and they just need to grab a couple of things.

00:11:15:24 - 00:11:35:00

Unknown

They don't need a whole moving truck, but they need some kind of truck to move that stuff back to their house. And so it's nice and not to put plants in your car. I mean, just simple things like that, just to use the truck for as advantageous to to your clients as some of my a lot of my actually a lot of my clients use it and donate it to charity and for charitable downtown.

00:11:35:06 - 00:11:56:02

Unknown

So they really like get known for that and there's press releases about that all the time I get because I'll donate it for a turkey trot or stop the truck and there's all kind of unique ways to use this truck as a another marketing tool like and do good for your community, which is always a good thing, you know, makes you stand out a little bit more.

00:11:57:00 - 00:12:09:05

Unknown

It's a conversation piece. Like the first thing I see, like when people see you driving around, they try to get in, sorry if your face especially in a smaller markets like if you're like in like in your town Burnie Like if you drive around this big ice truck like people are going to know who the hell you are.

00:12:09:14 - 00:12:28:03

Unknown

Yeah, they'r

Sarah Cruse joins us to talk about how to succeed in this market. It's a hard road to success and there are always more things to learn.

Check Out Her Website

Real Estate Marketing Dude

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Transcript:

00:00:00:03 - 00:00:28:01

Unknown

So how do you attract new business? You constantly don't have to chase it. Hi, I'm Mike Webster, Real Estate Marketing Dave. And this podcast is all about building a strong personal brand. People have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them, Let's get started.

00:00:31:05 - 00:00:47:10

Unknown

What's up, ladies and gentlemen, welcome to other episode of the Real Estate Marketing Dude Podcast. Folks, what we're going to get to is a look the title of today's episode. You're like, What the hell is that mean? Crisis is seasonal. And this is I've been talking to people all over the country. I always do. And I asked one of the questions I ask is, how are people doing?

00:00:47:10 - 00:01:06:23

Unknown

How are people doing? If you click on social media right now, you would think that nothing's wrong because everyone's, oh, just a great old God damn well I don't like saying that word. It's just a damn good time. And you probably are like, you wouldn't think anything's going wrong, but, you know, I think we're all lying to us and people who are who are crushing it right now.

00:01:07:00 - 00:01:24:19

Unknown

God bless you. Like congratulations. Keep going. But the reality is there's a lot of people who are not. As a matter of fact, 60,000 are real estate agents just left the industry according to some recent stats. I've seen them from multiple places. I'm sure that number is not higher because once renewal comes around, I think that's going to even increase greater.

00:01:25:14 - 00:01:46:23

Unknown

I don't know what show we're on, but probably about six months ago I said multiple shows. I said the amount of agents leaving the industry is going to be greater than the less amount of homes that are being sold within the same marketplace. And if you guys remember that episode, if you didn't go listen to my shit because I know what the fuck I'm talking about and it's happening right now.

00:01:46:23 - 00:02:09:15

Unknown

So yes, transactions are down. But don't get me wrong, there's still opportunity out there. And what changes is the way you market your business, the way you look at your business, the way you approach your business, because if you keep doing the same thing, you're not adapting the business, you're just the salesperson chasing the check. So we're going give you some fucking real world advice today and if that's you right now, listen, pay attention to this, because this might be the episode you're waiting for.

00:02:09:22 - 00:02:30:01

Unknown

And we're going to just talk about business life, how you overcome these peaks and valleys, trials and tribulations within your lifetime. If you also listen to my show, I always talk about my faith in Christ. The reason for that is because that's what got me through all of my seasons. And trust me, I've had quite a roller coaster in my lifetime, so so is our guest.

00:02:30:08 - 00:02:42:11

Unknown

So what we're going to do today is introduce our guests. You actually, we just got out here. She thought we were going to prepare for the show. I'm like, no, we're going fucking live right now. You're not. We're going to take notes and prepare on how we're going to go out and do this show. I'm like, No, I've never done that in my life.

00:02:42:18 - 00:03:02:20

Unknown

So what we're going to do is we're going to go live right now and just roll with it. So I've known her for quite a while. I actually should probably since 2015 ish, I'm guessing. Yep. And I remember when I first met her was at a club wealth event, I would believe, and I was speaking and she was an attendee and she came up and grabbed me.

00:03:02:20 - 00:03:17:23

Unknown

She's like, Tell me how you doing this? Tell me how Eunice She was asking all the questions and she was, you know, like you could just tell she was going to do something and then she ended up wrecking crushing it and really doing well. And you have quite a story to tell. So sorry for the long, drawn out informational introduction here.

00:03:17:23 - 00:03:54:02

Unknown

But without further ado, Sarah Cruz. Hi, Sarah. Hey, thank you for having me on that was a really good intro. Um, yeah. So yeah, like he said, I did not prepare for this, so just, you know, hopefully don't sound whiny or anything, but back in 2015, I left emotionally abusive husband packed up, my kids left. 2016, I was divorced and I, I had been a stay at home mom.

00:03:54:02 - 00:04:28:05

Unknown

And so I felt at the time that real estate was my only option because I couldn't afford daycare. All three all three kids were not old enough to be in public school. And so low income just straight. Just no. And just like boom. Yep. You got I think that what I had going for me is I had been a loan officer back before 2008 and then I had I went ahead and by the grace of God had my real estate license.

00:04:28:05 - 00:04:58:06

Unknown

So I was ready to roll. But we all know like it's when you're a solo agent, you get out there and it's a rollercoaster. So I was in foreclosure twice. I dug myself out a couple of times. And just looking back on that time, it I, I may I was able to make six figures within two years, which I think for a single mom that's pretty good.

00:04:59:01 - 00:05:20:10

Unknown

I had three kids at home screaming. I mean, take you take a phone call and you have people you have kids crying in the background, which in the beginning that stressed me out. I mean, I would hide in my master closet and then after time, I just let it roll because I mean, the kids would build trust. No one seemed to care.

00:05:20:10 - 00:05:48:11

Unknown

Most of the families that I helped had kids, so they totally understood. So just moving. They became part of your brand too, though, right? Yeah. Without even, you know, that was something that I didn't even think about. I didn't know I needed a brand or anything, but I that is how I am known across the United States in the real estate coaching world.

00:05:49:16 - 00:06:19:16

Unknown

And then, yeah, here at home, single mom and still single mom. So yeah. So getting through. Let me ask you a couple questions right here on this and just that, because I want us to resonate with some people. Things always just sort of work out. I believe and I believe that it's like, you know, if you're like animals, like if you're a cat, you're going to find a way to eat.

00:06:20:08 - 00:06:42:18

Unknown

Mm hmm. Dogs do the same thing. Mammals do this in natural like habitats. And when you're in and your back's against a wall and you have housing payments to make kids to feed, you know, all the above, like you're going to figure it out. But we can't do is just stay frozen. Exactly. And I so I'm super thankful for their I know there's a reason I went through all of that.

00:06:43:06 - 00:07:09:20

Unknown

And I'm super, super thankful that I went through it. I don't know why it is beyond my understanding. I'm just really excited. You know, I, I know God has huge plans for me and I mean, not just with that situation. I just recently went through another one and I'm just just that much more ahead. And so let's unpack this really quick, because like in real estate, you have to like fall on your face.

00:07:09:20 - 00:07:24:17

Unknown

It's really the only time you ever learn. And I'm going to give you an example, and this might be some you guys listening every this happens every single age. I mean, doing this for so long, I could I could literally tell you this. So after that, 3 to 4 years, when you start making it might start making six figures.

00:07:24:24 - 00:07:48:21

Unknown

You're had get so fucking big, your ego floats up and you literally think you're shit don't stink. It is a disease. I've seen it with everybody. I literally don't know anyone who hasn't done it. And the same story happens. It's happened to me too. Your egos run in. You think you're walking on water, folks. We're just fucking real estate agents.

00:07:48:21 - 00:08:25:05

Unknown

Okay. All right. At the end of the day, get over ourselves. The ego will kill your business. The ego is what brought me bankrupt. Thinking, not planning ahead, not working on business, thinking that I could always just figure it out. Did you have an ego? 2.0, I'm sure. I mean, I just I was going through files last night and I had taken a screenshot of my backend software with my brokerage, and I had all these like you had to scroll to go through all my deals and I was like, look, it was like, look where I'm at, you know, like I've got this figured out.

00:08:25:11 - 00:08:49:22

Unknown

But the thing is, it's like you have to a lot of people in that position become reactive. So winners are proactive like we that a lot of us shou

We may all be over cold calling, but we can't pretend it isn't an art form and occasionally a necessary skill. Today we are going over what it takes to close luxury listings with just some good, old fashioned cold calling.

Check Out His Website

Real Estate Marketing Dude

The Listing Advocate (Earn more listings!)

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Transcript:

So how do you track new business, you constantly don't have to chase it. Hi, I'm Mike Cuevas to real estate marketing. And this podcast is all about building a strong personal brand people have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them. Let's get started.

What's up ladies and gentlemen, welcome another episode of the real estate marketing, dude, podcast, folks, we're gonna be chatting about today's luxury listing. That's one of the top questions we see in all the Facebook groups. A lot of the questions we get written in the show, and they're always like, hey, how do I get luxury listings? And usually, my response is, Well, you got to hang out with the people who focus on those homes. Because if you don't, that's how you build a relationship with them. Right? That's actually how Josh Altman got a start. If you ever read his book, Josh Altman used to hang out in the Starbucks. I think I have his book right here in my library somewhere. But he used to hang out in the Starbucks. That's how he got his first listing he heard overheard eavesdropping in the line, some athlete was selling his house, he threw his coffee way, gets behind them and starts a conversation. And that was how he got his first listing. But he put himself in that environment. So what we're going to do today is our guest is going to prove me wrong and every single way, because he's really good at something I'm not. And most Realtors aren't, to be honest with you either. But that's why it's probably working for him and what he's an expert in is actually going about and getting luxury listings. But starting that prospecting journey on the phone. We're talking about possible cold calling, and I don't know yet we're gonna get into an interview him, but this is phone prospecting, and I can't do it. I hate sales. I can't do it. I just can't do it. I can't pick up the phone and call someone and try to sell my shit. I like when they come to me. But I do know phone prospecting works very well and our other company owner advocate, we are creating all of our seller leads through cold calling, and we're cold calling certain aspects. So it does work. Yes, but this dude's gonna give us the magic. So without further ado, let's go ahead and introduce our guest George dilemmas. Did I say that correctly? Yes, you did. Right. Damn, I know that. I was taking notes when you said it a couple of times. That's why. But let's just say hello to your guests. Tell us a little bit about yourself who you are, where you're at. And I got all kinds of questions for you.

Absolutely. Again, my name is Georgia lamas. I'm located here in the Panhandle in Florida. You're probably asking what the heck is that? Well, that's in a historic part of this is called 30. A. That's where all our vacationers come down and investors it's also Destin, Florida is in that area. Lifetime, vacationers come down here as well. And yes, big part of my business sold over 100 million. And I'd say 99% of that's come through phone prospecting, whether it's expired listings, just sold pendings. If I see a significant sale, maybe get to know the neighborhood a little bit call in. And basically, I'd love to kind of run through that. See if I can give some good knowledge out to everybody.

That's crazy. How long have you been in the business first?

I've been in the business I got my license in 2013. Probably didn't start till end of 14 or 15. I think more than 14 I was still full time in another job.

And are you from your local geographic area? Or did you transplant in or

numbers from Boston grew up there? Spent a quite a few years down in South Florida as a little kid moved back up to Boston came up to this area by chance and yeah, that's really it really came up here by chance? No, definitely didn't know anybody didn't have a sphere really had nothing. You just went to work.

That's why I ask is that because you know, when you have a sphere real estate is not that difficult. You stay in friendly relationships, and it'll provide consistency in your business, you might not get superduper rich, you'll have to prospect for that. However, you could have a consistent and make a very good income just off relationships as long as you have them. But when you don't, what do you do? Right? So alright, let's get into this. So talk to me about why phone prospecting first and is this the first thing you've ever done? Did you ever try anything else out and you stumbled into this? Why did you how did you end up on the phone? Because most of us run away from us?

Sure. So when I started out I mean literally our first year is like throwing spaghetti at the wall right? See what sticks here. Back in the day. I was blogging, back back loading SEO to try to get mine right. I'll tell you though, I did it and like I get on the first page but then I would you know inbound wasn't coming right. I would sit open houses i I'd like to but I didn't really love it. I didn't really ever like dealing with buyers. I'd rather blow my brains out and having to drive around for days with people hats off to those who do it. So how do they get into it? I started going on YouTube how to how to get listings. I started studying listings, how they sold you know, the photos were bad description was bad. I started studying like, why did this happen? And I stumbled across a guy from Massachusetts so I probably gravitated to him being there. And I saw his YouTube video He did live calls and I literally write down the scripts. What did he say? How did he say it? So that was really the starting to it. And then I just started calling scared as hell phone ring. Don't answer, don't answer, don't answer that answer and stumble. But I have excitement. I have energy, like, because I would go back years later and go, Why the hell did someone listen with me? I had no clue what I was doing. But I just didn't stop. So that was the evolution started there. And then just over time, I studied my craft every day. I'm probably like you, you know, tons of reading, looking into things. Why do people say certain things? How does the brain work? When somebody says something? What's subconscious do? And that's what I really did.

There's an art to it. It's not so much like if you know how to like, it's very similar to dating guys. But there's an art to it, right? You gotta like, you gotta get an interest. Because let's be honest, like I get all the today I get all the might be what's up might be spam, or what's the word on your phone? Again, like spam likely? And I'm like, I'm not picking that up, you know, like all the time. So I mean, that's even gotten harder, and you're still having success. So start at the beginning here. How do we find the people to call? What's you grabbing data sets? Are you targeting anyone distressed? Where you call him? And how do you know they're likely to move? And then like, how do we narrow the list out first, we'll start with that.

Depending on your market, now, this market doesn't have as many expireds that's how I kind of cut my teeth on it back in 15. It was an old market, which were kind of returning to now and obviously some parts of distress. But so I would start there, I would get one of those local services, whether it was red X volken. Seven, I like Vulcan seven personally no endorsement, of course, but I used to use it. And it would pour in that day, you'd see all the expires, all the cancels. And then I would be I would really pick and choose even at that point. And this is no offense, anybody I didn't want to deal with the $500,000. Seller. For the markets I was in. They were almost first time home sellers. Lot. It was for all the work to do for there. Why not go after bigger ones. So I'd see ones that would expire? One to 2 million, 3 million, 4 million some cases up to 10. So that's the first start.

Quick question, do you find that a lot of people go after that higher end expired? Or do you feel like people get a little bit timid and scared away from that? Like, I wonder how many people are actually calling luxury? Like, how many people are calling the $10 million expired? Sure.

Over. So here, our average price point on 30 days? Shoot? Well, it was up as high as like 2.2 million. It's obviously come down. So yes, which somebody call it 10 million. And they don't get as many calls now. Because number one, like you said, scared as hell to do it. The ego protects us, right? Ego says, hey, they probably wouldn't want us they don't they don't want anybody calling their phone. So yeah, that stops them. The ego when you start telling yourself a story, oh, I shouldn't call their day, they probably already have an agent and go back with their agent and start telling that story. But yeah, I'd ask, Hey, you know, Mark, I'm curious man, you must be your phone must be blown out. You're getting all these calls about your home coming off? Like no, not really. And I'd start tracking that. So okay, anything over 5 million, the calls dropped way off.

Interesting. Good point,

Should you be working leads? Is it really worth it in the long run? How can you be maximizing clients in the easiest way possible?

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Transcript:

So how do you track new business, you constantly don't have to chase it. Hi, I'm Mike Cuevas to real estate marketing. And this podcast is all about building a strong personal brand people have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them. Let's get started.

What's up ladies and gentlemen, welcome to another episode, the real estate marketing dude, podcast, folks we are going to be chatting about quite a bit today. And what I wanted to focus on was what you should and shouldn't do in this market. And depending on where you're at, around the country, things aren't what they were 18 months ago. But that doesn't mean business still isn't being had. So we're bringing on a killer here, he's got over 90 agents in his market. And he hasn't really necessarily seen that effect yet. Because he's constantly staying on top of trends. He hasn't stopped bringing in inbound leads, despite market conditions. And as a result of that is that's why this team has really suffered anything on the numbers, right. But lead generation is pretty expensive, you can lose a lot of money in it very quickly. And for somebody that knows all these different platforms and whatnot, one of the questions we're seeing all around the country is like, Hey, what should I invest my money in right now? Because businesses now Should I buy Zillow lead? Should I buy realtor.com? Should I join one of these referral networking companies? What the fuck is it? So that's what we're gonna be chatting about today is what are we going to what do you do? How do you analyze let's do the pros and cons of lead generation within the real estate space as of 2023, coming into summer, so without further ado, let's go ahead and welcome our guest, Jeremy Wilson. Jeremy, what's up, man? Hey, thanks for having me. Mike. I appreciate your appreciate your time and you having me on for sure. Why don't you tell everyone who you are? What do you do? Where are you at? Yeah. Jeremy Wilson, I'm in, in my home bases Charleston, South Carolina. That's where we started a business about 16 years ago. And, you know, with the lead sources, scaling us we were able to move into a few other cities in South Carolina and and Georgia over the last few years and grow our agent count. And it's all based on lead sources, primarily. So we went from about 10 agents three years ago. And now we've got about 90 agents and four cities, just in the last three years. And out of those what kind of how many numbers of homes are we selling monthly right now. We'll do about 1500 transactions this year, in those in those four cities. Last year, we closed about about 375 million about 900 transactions. So you know, if you, if you take the leads, they're just gonna keep sending you.

So you got you know, you understand lead generation, at least in real estate, you probably are a numbers analytical like crazy, and he's from Chicago believe that he's from Chicago. That's why you guys notice everyone like from Chicago works hard. And like actually kicks ass.

Except sports. But that's a whole nother story.

So here's the question that I have. And I'm like, I've always been refer, we talked about before, you got to show I've always been mainly referral, I do create a lot of content. That's been my business model. It's been our business model as a marketing company and whatnot. But I am dabbling a lot in the lead generation space, we've different company called owner advocate, and we have a referral model. And we get agents referrals and collect a referral fee for the leads we generate. And I've learned a lot in the last year or so on that business. And what I can tell you guys is that lead generation in general is very expensive game. And the vast majority of people can't play the game because they don't have the resources to do so. Right? Whether that's the CRM, the auto responder set up the right way, or it's the budget to nurture for six to nine months before that thing actually starts kicking. There's a whole number of things, but there isn't a grit, which quick thing that I've seen yet is there? No, absolutely not. Now, it's exactly what you said, big, big admin team that nurture the leads, because the agents are not going to do it. You know, they, you know, they want these bottom of the funnel leads that even though they're expensive, they want the quick money. Yep. So walk me through how it works with you guys, regardless of lead sources, like what is that? What do I need to have? If I'm thinking about actually doing this? What is the number one thing I should be doing? Like? Is it my CRM? Is it my auto responder? What's the offer winning offer right now? Let's go through some of those things. Yeah, yeah, I think the CRM is super important, as well as just having enough agents and having teams that are deep enough to be able to handle the number of leads and and just over the years, we've always been a team where we didn't bring any new agents on unless we had the leads to get them. So we just don't bring in agents just to have, you know, more people sitting on the seats on the bus. You know, it was just simply because we had too many leads to handle. You know, so So the CRM is very important. And we've always been a first to claim model some agents or some teams call it Shark Tank. We've tried every way to handle the leads in the past but

This seems to work the best, it creates a little bit of urgency. And then you know, we manage it, my admin team manages on the back end. So agents don't get too greedy and take too many, too many leads to where they can't handle, you know, but inevitably, it still ends up being where, you know, they take the calls, you know, a lot of these are connection calls, because there's a little black synopsis, you know, Joe, which are almost all connection calls, and they get on the phone, and they try to qualify him right away, when they meet him for the first time. But if they're not buying right away, then they can get pushed into automation, in hopes that they'll eventually come back around. So it works great for that low hanging fruit. How many? Because there's different three referral model than buying leads, right? So it's do leads only like I'm talking about zillow.com are buying leads, right? How many leads on average? Do I need to buy before I finally get one and let's just say I'm pretty good at converting, like, I'll just say, I'm not shy, like can actually talk to somebody, I got my shit together, how many things I need to buy to actually like, what you'd expect with the numbers. Yes, so every source is a little bit different. Of course, as you can imagine, we track a few of the sources independently, like Zillow flex, and our best agents are converting 12 To 1512 to 16%, on Zillow flex, as you know, not every agent is doing that. And you know, of course, we've got measures in place to bump them up on the on the scale their realtor.com, you we usually convert those at eight to 10%. Again, some agents, the killers that are just crazy aggressive, you know, they'll convert them a little bit higher than that. So, overall, you know, before we added some of the top of the funnel, lead sources, pay per click, and social media, which we just started six months ago, everything else was bought into the funnel, we would convert eight to 13%, on average for blended conversion. And we do about 15 to 20 Different lead sources that are all bottom of the funnel.

So you know, our intent when we brought in these pay per click and social media leads that we knew were going to be more of a long term nurture and probably a lower conversion percent, but much, much cheaper leads is that the agents would would like these because they're they're no referral fee less expensive, even though it took a little bit longer to nurture. Yep. And awesome. I like it, folks. Lead Generation. So basically, what we're talking about is I had offers is like a manufactured lead that you create on your own. And there are a lot of companies that you have to get approved for a lot of these companies know that they're not just gonna go out and take anyone I know with ours, like we really are concerned, we're no, we're not Oh, Joe, or anything like that. We're tiny right now. But, you know, we want to make sure you can convert before we started investing money in you it cost money to generate these leads. And the vast majority is right, like the vast majority of people won't follow up on them in the right way. How important is that?

Yeah, and they've changed over just the last two years, these these lead sources, you know,

realtor.com has changed their platform, you know, they've tried to do this market VIP thing, which is more of like an invite, only, like you talked about, you know, only inviting certain teams that prove conversions, elaflex izly, that's all about finding the right team that's got the systems in place. Now. Oh, just in the last few weeks, it's been one month since I launched their ojo Plus progra