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Submit ReviewYou barely finished the class and passed the test to get your real estate license and now you have to make a big choice: who should be your broker? This choice is only complicated by the fact that most offices are going to want YOU! Being in the driver's seat for an interview is a weird dynamic that only exists in the real estate industry. We are here to help you decide what you need in a broker and give you the questions you might want to ask in that very important interview. What size office is ideal? What should you look for if you are relocating to a new market? What is most important to consider? Splits, fees, coaching, admin, tech, advertising and LEADS! We are covering all of the variables that come up in choosing a broker. Yes, you can always change brokers later, but that is uncomfortable, time consuming and can be expensive and stressful, so let’s get it right the first time!
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Not every real estate transaction originates from happy circumstances and not every real estate client is a pleasure to serve. In today’s episode we discuss the types of transactions that require a little extra finesse and patience. Real estate transactions are emotional by nature and when you add in death, divorce, buyer’s remorse, anxiety and more, navigating the landmines can take up a lot of time and energy. Put on your therapist hat, because we are sharing tips for handling these difficult deals and difficult clients. What happens when a buyer is unhappy after closing? What about how you feel as an agent when your client cancels a contract? What should you do when there are multiple sellers giving you different instructions? We are answering all of your difficult deal questions. With a little extra TLC you can successfully get through these types of transactions without considering a career change at the end.
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Non-traditional broker, flat-fee broker, limited-service broker or simply discount broker, there are quite a few names for a brokerage that doesn’t run in the “standard” model. In this episode we interviewed one of our listeners who kindly volunteered to talk about her time at a discount brokerage. Michele started at a discount brokerage her first year in real estate and closed 113 transactions that year. Her office operated with about 350 listings going at any given time and a very small staff. She shares with us how the office got leads and how they served their clients. We learn about the general office philosophies plus lots of specifics on their processes. Talking with Michele was truly eye opening. As an agent on the other side of a transaction with a limited-service broker you can guess what is going on behind the scenes, but to hear a personal account of how this office ran was fascinating. This may be the first time we have truly been at a loss for words during the show. If you’ve ever wondered how a non-traditional broker operates, it’s time to pull back the curtain and see.
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Cold feet and buyer’s remorse are real life problems that may take your real estate transaction from pleasant to painful in an instant. As a buyer, using your due diligence or inspection period to answer your questions and check every detail of the home is crucial. As an agent helping your buyers understand what they might want to check is just as important. The goal is for every person involved in the transaction to leave the due diligence period feeling confident and most importantly excited to move toward the purchase. Imagine a world with no last minute regrets, trying to get out of a contract, getting stuck with a mortgage you don’t want, or moving into a new home and feeling like you made a mistake. This episode will get into many parts of the home purchase and help buyers and agents check off the right boxes before they head to closing. And for our agent friends we have created a FREE email template to share with your buyers to make sure they are sure before it’s too late.
Get your buyer’s “Make Sure You’re Sure” email template at hustlehumblypodcast.com/makesure.
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00:00 Start
01:52 Stucco
08:48 Existing contracts
11:30 Inspection vs. Due Diligence
27:10 Termite wall
28:40 Foundation Repair
31:03 New Home Warranty
34:24 Surveys
41:24 Insurance
46:55 Clue Report
48:05 HOA Rules
52:39 Deed Restrictions
1:05:06 Toast
In this episode we welcome one of our most knowledgeable and well-respected local title attorneys, Niki Beeson. Niki is part owner of Commerce Title & Abstract Company and has been closing real estate transactions there for over 20 years. In this discussion Niki breaks down for us some of the common challenges associated with closings and how they can be navigated. We get the 411 on title insurance including what it is and how it came to be. We also learned the different levels of title insurance coverage and what they do. Niki gives us tips on facilitating a smoother closing as an agent and talks about the emotional nature of some closings. Most importantly we get VITAL information on the biggest problem facing real estate closings, wire fraud. Niki had our jaws on the floor with the stats on wire fraud and how these criminals are perpetrating wire fraud now. You can’t afford to miss this episode. You may just save your client from losing their life savings!
Get your wire fraud email template at hustlehumblypodcast.com/wirefraud.
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129: How to Be a Great Cooperating Agent
00:00 Intro
03:02 Symbiotic relationship
04:02 Common title challenges
11:23 Judgements to distinguish
22:16 Defect title ins might cover
26:31 Types of property prone to issues
28:25 Surveys?
30:36 How does title insurance cover this?
33:06 Wire Fraud
41:19 Encrypted Email?
44:11 How can we avoid wire fraud
49:33 More Complex scams
54:45 Remote closings
57:22 Navigating difficult closings
01:01:01 Close in the same room?
You never get a second chance to make a first impression, right? We all know by now that buyers’ first impressions of your listing happen online, so your listing photos are THE most important marketing you will do! In this episode we talk about how sellers should prep for photos and what exactly happens on photo day. How many photos are enough? Do you need drone photos? Where do sellers and agents go wrong in their photos? We will answer all of these questions and more and tell a few funny photo storiews. If you haven’t seen the many websites and articles about MLS photos gone wrong, warm up your google machine and get ready for some solid laughs. It’s time for a chat full of actionable advice and a full list of listing photo do’s and don’ts!
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00:00 Intro
00:55 Start
01:40 Why do you need professional photos?
03:50 How to find a photographer?
06:00 Don’t over edit.
11:14 What happens when the photographer is there?
16:12 Before they leave the house checklist
31:11 How many photos?
33:30 Drone photos
34:10 Do you use video?
35:39 What order?
37:02 Do you label them?
39:44 Don’ts
44:45 !!REALLY GOOD STORY HERE!!
51:56 Toast
Realtors NEVER run out of things to do. There are tasks and tasks for days! We spend a lot of time trying to come up with ideal days, task batches, planners, auto-schedulers, outsourcing and countless other strategies to make our work manageable. BUT, when’s the last time you stopped and thought about how often you should be doing each of the tasks in your business. Could it be we are overwhelmed with trying to keep up because we are quite literally doing some things too much? What about those tasks you avoid like the plague? You may be encouraged to hear you don’t need to do them as often as you thought. Join us this week as we get into the exact timing of how often you should be doing the different tasks in your business.
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Time to tackle more of your questions! In this episode we cover boundaries, networking, finding your accountability person, margarita machines and more. What should you do if you are in a rut? How do you mom full time and sell real estate? What are some of our life strategies for efficiency? How do you foster community if you are starting a new brokerage? What would we do differently if we had to start our career all over again today? We hit all of these topics and some of the answers might surprise you. These chats are always fun as we jump around and get into a lot of different topics. We love answering your questions, so keep them coming! Just email us at hello@hustlehumblypodcast.com.
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Episodes mentioned: Ep. 20 - Embracing Your Season of Life and Business Ep. 8 - Technology Tools for Realtors and Entrepreneurs Ep. 182 - Is It Time to Hire a Coach? Ep. 57 - Take a Day Off! Ep. 102 - Vacations: A How To Guide
Other Mentions: Rosie Revere book - https://www.amazon.com/Rosie-Revere-Engineer-Andrea-Beaty/dp/1419708457
00:00 Intro 04:25 What daily tasks impact your business? 05:29 How can I work without child care? 08:36 Any tips on being a more efficient parent? 12:42 Tool or app must haves. 14:31 Struggling with inconsistent income. 21:35 How can I create a sense of community within my brokerage? 31:26 How can I find a great accountability partner? 35:13 How do I get motivated when I’m in a rut? 40:08 Tips on prospecting postcards. 44:24 Thoughts on working outside your MLS. 48:02 How to let soft leads know how great I am? 52:02 What would you do first if you had to start over right now? 54:09 What is the most overrated tool? 57:00 Building and Scaling.
When one of your business heroes reaches out to come on your podcast, you pick yourself up off the floor, stop hyperventilating and get that ish scheduled STAT! On this episode we welcome the one, the only, the marketing queen, herself, AMY freaking PORTERFIELD! And if you aren’t a listener of her #3 ranked marketing podcast, “Online Marketing Made Easy”, then you are in for a real treat! Amy just released her first book called “Two Weeks Notice” all about finding the courage to make big changes in your life and turn that side hustle into your full time gig. Amy gives us actionable tips and advice for first time entrepreneurs. We loved hearing her thoughts on boundaries, taking action, and why courage is the key to finally jumping all in on your new career. She even teaches us how to discover our personal key to success. For those veteran agents that are already “all in” on real estate, Amy will share her sage wisdom on email lists for your business. You don’t want to miss this conversation with ex-corporate girl turned multiple 7 figure CEO, Amy Porterfield!
Grab Amy’s book here!
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Real estate websites can suck up a ton of your time and money while being a source of stress and overwhelm in your business. Technology is constantly changing and it’s hard to know what you need and what you don’t. Do you even NEED a website? Can you just ignore this part of your business? Broker site vs. DIY vs. pay someone to create? Where do you get a website? We are going to tackle these questions along with so many more sent in from our listeners. IDX, SEO, URL, landing pages. It’s enough to make your head explode or to get Alissa to write an impromptu rap song. If you want some guidance in the pursuit of a great real estate website, then this episode is for you. We are sharing the do’s and don’ts including the top 6 things your website needs. We also tell you a little secret about how to collect email addresses from new leads if you don’t have a website. Tune in and let’s turn those website induced frowns upside down.
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