Episode 153: The 4 Core Principles for Your Business
In Episode 153 of the Wandering But Not Lost Podcast, co-hosts, Jan O’Brien & Matt Emerson chat about the 4 core principles that will help you build a strong and successful real estate career.
Today we chat about the four core principles to guide you for a successful & profitable Real Estate Business
- CLIENT RELATIONSHIPS COME FIRST
- SHOW VALUE & CONNECT
- SYSTEMS = LEVERAGE!
- IMPLEMENT THE RIGHT TECHNOLOGY
CLIENT RELATIONSHIPS COME FIRST
- Build Rapport & Trust
- More personal connections (calls, texts, video)
- Personal note cards (Hand-written notes, Mailbox Power)
- Social Media direct messaging
- Focus on a VIP consumer experience Before, During and After
SHOW VALUE & CONNECT
- Industry Expertise and Local Market Knowledge is Key!
- Appeal to their WIIFM
- Show them don't tell them we are great
- Ask the question… Are we showing value?
- Less can be more
SYSTEMS = LEVERAGE!
BEFORE DURING AFTER (BDA) CONCEPT
- Focusing on one phase at a time (The Life cycle of a Buyer or Seller transaction)
- Before - From initial contact to point of sale
- During - Contract to Close
- After - Raving fan/client for life
OTHER CORE SYSTEMS
- Business Plan, Budgets, Income/Expense Report
- Our Free Mini-Course: Business Plan Mini-Course
- Database/Past Client Referrals
- UVP & Branding
- Lead Gen & Marketing
- Online Presence & Client Reviews
IMPLEMENT THE RIGHT TECHNOLOGY
- No squirrels/no shiny objects
- What the client wants and expects
- Real Estate Platform Solution (kvCORE https://mbsy.co/3lqbbd) is your foundation system
KEY TOOLS & SYSTEMS For SUCCESS CORE SYSTEMS IN PLACE
- VIDEO CONFERENCING - Zoom / Google Meet
- VIDEO email/text (BombBomb)
- IDX WEBSITE with a great consumer home search experience
- HOME VALUATION REPORT (Your RE Platform/eProperty Watch)
- HOME SEARCH MOBILE APP to share
- YOUR SMARTPHONE! Ring Light, Microphone, Gimbal/Tripod
- SOCIAL MEDIA SITES
- ONLINE Storage/Collaboration (G Drive/Suite-Workplace)
- PERSONAL NOTES / CONNECTIONS
- GET A COACH - MASTERMIND / ACCOUNTABILITY GROUP www.WBNLCoaching.com
TOOLS WE USE