Articles

The Value of Knowledge

Attending a convention or seminar is an important first step in having a banner year. But, now comes the hard part — putting into action what you learned. I begin many of my seminars by asking “What is the value of increased knowledge if your actions and behaviors are not altered as a result of that knowledge?”

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The Power of Print in Luxury Real Estate Marketing

In the self-serve environment of real estate information online, it is essential for you to convey to your target market exactly what your unique promise of value is as a luxury real estate marketing professional. The internet has been a disruption not only to brokers and agents but also to luxury real estate print media. However, some very innovative print marketing ideas have emerged that can give you the competitive edge.

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Max-Bang Series: Help a FSBO Go Hi-Tech!

I know… FSBOs are the enemy. Right? Wrong! Here is a great little strategy that will make FSBOs love you and many ultimately do business with you. More importantly, this strategy will set you apart from the crowd of FSBO-haters out there and will help you generate a ton of very low-cost business.
Here is how it works. Introduce yourself to a FSBO seller and first set him at ease by telling him you are not there to talk …

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Max-Bang Series: Let a Lender Pay Your Ad Bill!

What is the single biggest expense we as REALTORS® have? You guessed it — advertising. In fact, all the so-called “experts” recommend we spend a full 20% of our gross income on bringing in business. That’s nearly three times what other industries spend for advertising (most industries spend 6-7% of gross revenue. So here’s an idea that will help you bring your advertising costs to a more attractive level. Let a lender pay your ad bill. Let me …

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Green Mortgages Save Your Buyers Big Money!

Did you know your buyer can get a Solar Water Heater added to every FHA Loan that you close with no additional money at closing and still close in 30 days!  
DON’T LET YOUR BUYERS HEAR ABOUT THIS PROGRAM FROM ANOTHER AGENT! 
I don’t know why any buyer wouldn’t consider a “Green Mortgage,”  and don’t forget your past clients who may want to refinance into a “Green Mortgage.”  They can benefit as well and it is a perfect reason to get in touch! 
I met a loan officer last week who shared information about a …

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Max-Bang Series: Build Your Seller a Website!

What if I told you that for less than $10 you could build your seller a website? Not $10 a month, but $10! Actually you could build it for free, but spend the $10 to make it really special. Now check out how simple this is and then imagine what your seller’s reaction will be.
Let’s say you have a listing (or you would like to get a listing) at 1218 Sky Drive. Go online and buy the domain, 1218SkyDrive.com (or …

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Max-Bang Series: Fire Your Receptionist!

Here’s a great idea that will save you money — fire your receptionist! OMG! You have to be kidding me! If there is one thing that’s as sure as “for sale” signs in this industry, it’s the ever-present receptionist at the local brokerage. You know the one I’m talking about. She makes slightly over minimum wage… maybe $8 per hour. She’s on the payroll for 40 hours per week, with paid vacation and benefits.
The cost to the …

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Max-Bang Series: Incorporate Yourself!

As real estate agents we are independent contractors, right? Right! But that doesn’t mean we have to be a sole-proprietor. In fact, I say you shouldn’t be a sole proprietor… you should incorporate. It’s easy to do, and it’s inexpensive. But why should you incorporate? Why go to all the trouble? I believe there are two very compelling reasons.
The first, and most important reason, is to save you money. Lots of money. Let me …

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Max-Bang Series: Just Say NO to E&O!

What I’m about to share with you is going to get me a ton of email telling me that I’ve finally stepped over the line. That I’ve lost my mind. That I’m just plain nuts. That’s okay — I’m going to share it anyway. Here is a great tip: Just say NO to E&O!
But before you fire up your computer and email to tell me how crazy I am, let me explain. I’m very much in favor of …

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Max-Bang Series: Fire Your Phone Company!

The other day I was having a conversation with a friend of mine who owns nine real estate offices in Atlanta. We were talking about eliminating overhead, and he told me that he paid over $6,000 every month on phone bills! I told him that my brokerage paid zero! He was floored! Here’s how I do it.
What is one thing that every single agent has on them at all times? Their pocket real estate license.. right? Hardly! …

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