How can you prepare your business for the dramatic changes in the market?
Are you ready for the shifting market? Approximately 10% of real estate agents who are active right now will likely leave their businesses in the next few years. If you don’t want to be a part of this statistic, you have to get ready now. What can you do to prepare for any dramatic changes in the market, especially now that there’s a looming recession? Today I’ll share a few tips to help you thrive in this shifting market.
Feel free to watch the full interview or use these timestamps to browse specific topics at your leisure:
0:00 — Introduction
0:35 — About 10% of real estate agents will likely leave the business in the next few years
1:09 — Seven principles to help you thrive in a changing market
1:24 — Principe No. 1: Get back to basics
2:44 — Principle No. 2: Relationships are the best way to recession-proof your business
5:39 — Principle No. 3: Let your people hear your voice
6:31 — Principle No. 4: Study the market and identify the trends
7:23 — Principle No. 5: Outwork your competitors
7:54 — Principle No. 6: Create multiple streams of income
8:36 — Principle No. 7: Cut your expenses
9:18 — Wrapping up
If you have questions about this topic or anything else, please call or email me. I’d love to hear from you.