What Do The Top Real Estate Agents Do? ( Part 2 Of 2 )

what do the top real estate agents doWant to know the painfully simple, relatively obvious yet almost universally ignored “secret” to what the top real estate agents do versus the average or struggling Realtor exists? Ready for it??? Choice! Yup… that’s it!

The rich agent woke up one morning (before he was rich) sick and tired of mediocrity and decided to think, be and live bigger than they have been up to that point. The top agents have the same 24 hrs, 7 days, 52 weeks but the difference is what they do with them that create the gap.

What the Rich Real Estate Agent Does and You Should Start Doing

1) Organize the Chaos – Top agents are incredibly organized and systemized or if they are not, like me thank you very much, they hire and delegate the organization and systemization of their business and embrace it! I can personally tell you that someone or something else organizing and systemizing for all of you that struggle in this area is so incredibly freeing.

2) Faith or Fear – Top agents operate from a faith and not fear mindset. They just “know that they know” that they will succeed and constantly move away from anything anyone that holds them back. They have belief in the unknown and run their business by faith vs. fear like most agents.

On a scale of 1 to 5, 1 being poor and 5 being great, ask yourself what your faith in yourself and your ability is. Are you a 1 or a 5? Do you believe that you can do and be more in real estate?

3) Take a Risk – The Rich agent is a risk taker and true entrepreneur. They move on and continue to evolve and create more and more momentum in their business. Whatever the top agent thinks will leap them to the next level and become bigger than they execute on and fail more. They embrace failure at everything they act on with a mindset of not failing but like Edison “9,999 times I discovered what didn’t work.” Execute more and fail quick!

4) Make a Plan – Top agents always have a plan, a clear distinct path of their journey in real estate. They know where they have been, where they are now, where they want to go next and how to get there, step by step.

Are you a fanatical planner? Create a strategic plan and be fanatical about your numbers. Track and measure everything. Success at a high level is simply just math. Do you know the markets numbers? Do you know your numbers?

5) What’s on Your Mind – The rich agent has a better psychology and always operate on a higher-level mindset. Your personal psychology is what you say to yourself and how you move your body which in turn impacts your attitude and effects your actions and behaviors which ultimately lead to your results and success in your real estate business.

What do you say to yourself all the time? What do you think about most? Do you make good decisions? Are you thinking about how you are going to make a dent in the universe? Control your space and environment with training, reading, listening and choosing intently who you hang around. So many top agents spend time prior to their day with gratitude exercises, affirmations, reflecting on things that made them happy the day before, reviewing their goals and taking time to visualize their future focus. Do you have that daily routine in your business?

6) Make a Bigger Net – Top agents constantly focus on growth and cast a larger net. Growth is plain and simply lead generation and having multiple sources bringing in a steady stream of buyer and seller leads for your business leads to growth. So how many streams of lead generation do you say we need Wade? Here are the numbers to measure your business by. 1-3 ways of lead generation will leave an agent struggling. 4 – 6 ways of lead generation will put you in a good agent category. The rich agent and top producers have more than 10 ways of lead generation feeding their business. Remember the money is not in the leads, the money is in the conversion to appointments!

Here are the top sources for lead generation:

Database

Farming

Open house

Direct Mail

Expired

FSBO

Advertising

Zillow, Realtor, Trulia

Facebook

Video

Email

Text

Google Pay Per Click

7) Leverage Everything – Top producing agents use leverage with everything in their business. They 3D test everything.

Do I Do it?

Do I delegate it?

Do I just dump it?

Track and measure, track and adjust and reset your goals quarter by quarter. Remember someone or something else doing it 85% as good as you would do it is leverage. You only have so much time and have to figure out how to do more in less time. A top agent plain and simply does less and does it with excellence because they have surrounded themselves with people and systems that pick up in all the areas that they are not gifted and in their sweet spot in business. So now you know the common gaps between the rich and top producing Realtors and all the secrets behind their success and what it is they do more of than the rest of us. My hope and prayer for you and your business is now to choose to be more and choose play at another level in your life and stop thinking so small. You have the map and the plan now the decision and choice is yours.

Strength and courage,
Wade

Top Ways How To Get Listings Now!!

how to get more real estate listingsN.A.R. reports state it takes four times the effort servicing a buyer than servicing a seller. Everyone wants to know the secret to working smarter and not working harder and in our business it’s Listings! Here are the top ways agents are getting listings and setting themselves up for a fantastic Q2 in real estate.

1. Your Database – you always start with the people you already know, like and trust. Ask everyone….“Of all the people you know, who would be moving next?”

2. Ask your database by Emailing, Video email, Social Media Posts “Wade Is Now Taking New Listings” beat the spring rush of homes and List Now! Thinking of selling Call Wade Now!

3. Take the time to prepare CMA packages for your database, which include a snapshot of comparables to give them an idea what their home is worth and deliver them to all your past clients. Call them 3 days later and ask them. “Did they get it? Any questions? Any other properties I can evaluate? Reason for the CMA was to ensure your insurance coverage was high enough, tax purposes and retirement planning. Any other people you know I could provide this same service for?

4. Geographic Farm – find a building or neighborhood that has more than a 6% annual turn-over rate. Then you find all the mailing addresses of the residents so you can direct mail ( not unaddressed mail ) each resident 3 times a year. Create a branded newsletter for the farm area that contains every important statistic for the residents like sales, listings, days on market, absorption rate, cost per square foot, etc. Personally mail them the newsletter. Create a landing page website that matches your newsletter to reinforce your perception of being the expert.

5. Expired – If your marketplace allows you to do expireds. Check with your broker. They already own a home, want to sell, want to work with an agent and pay our fees. Does it get any better than this?! Everyone is mailing and calling. I am a huge believer and say go knock on their door and go see them! They need to see me to decide whether they like or trust me first!

6. Door knock – Using a bona fide buyer or a just sold. Both of these methods work because they trigger some sense of urgency with people when they know we have a buyer for their home or someone just sold for a significant amount of money and you may have another buyer for their home.

7. Open house – Another great way to connect with people who want to buy but they have something else to sell before they can buy. I love the face to face activity because it is where we all are at our best.

8. Direct mail – Using a bona fide buyer or a just sold. Just like the door knock approach this is the most effective way to get listing appointments. The direct mail and then follow up door knock is a fantastic one two punch for generating listing appointments!

9. FSBO – They already own a home, they want to sell. They don’t want to pay the fees but if they can’t sell they tend to list with an agent after 10 weeks of trying themselves.

10. B2B – Creating value and interacting with other business owners and other service providers in our community is such an untapped area for most agents. So many agents don’t go after the B2B and focus only on the P2P.

11. Networking – Getting out and seeing the people. You just never know who you will meet.

12. Online Ads – What’s my home worth (FB, Google PPC) running ad campaigns targeting consumers with click ads to get their value of their home has been something we have used the last number of years now.

So there you have what I think are the best of the best for agents to ramp up their listing inventory. Please comment below any other powerful listing generating activities you might use with us below!

Strength and courage,
Wade