The Millionaire Real Estate Agent Wake Up Call

It’s time for The Millionaire Real Estate Agent Wake Up Call

GUEST BLOG POST by Michael LaRocco – http://annunci-marketing.com/

Over the last few months, I have found a huge correlation between what a highly successful real estate agent produces and the amount they spend on marketing. When you look at the opposite and start to compare them to a newer inexperienced real estate agent or one that is simply only making mid to low six figures, you notice one thing.

The amount of money spent on marketing and the way they run their career.

When you look at a 7-figure earner, you notice they’re spending anywhere between $30,000 to $120,000 on marketing alone.

They also run their career as a business hiring team members that take over specific areas of their business for them. They might hire a listing specialist, marketing specialist, showing specialist, and so on and so on.

While a 6-figure earner runs their career as just that… A career. When going through the book The Millionaire Real Estate Agent, co-author and owner of one of the fastest growing real estate companies in the world Gary Keller talks about how agents need to do the 3 L’s.

Listings
Leads
Leverage

When it comes to listings, a real estate agent can close many in the time it takes to help a buyer find a home. This is because selling a home can bring in multiple prospects while helping a buyer can take months and can turn sour in the end when they decide they’re going to wait a few more years before purchasing.

Then with listings, you not only get to help the seller sell their home but throughout the process, you get to help them buy a new home (if they don’t already have one lined up) which is how a real estate agent “double dips” in a fiduciary way.

In other words… This is one way to use leverage.

The best way to use leverage though is hiring a team that knows what they are doing so you can focus on what you do best. As explained above, you might hire a listing specialist, a marketing specialist, or even an assistant. Or maybe you hire a marketing agency that has a few different virtual assistance in place to accomplish twice as much with half the cost.

But let’s do some math real quick so all of this can make a bit more sense on why a 7-figure earner will NEED to hire out these types of positions…

It will take 320 closed deals at $250,000 per property to reach $80,000,000 in sales.

Now take 3% of the $80,000,000 to get the GCI (gross commission income) which is $2,400,000.

Now you’ll need to factor in all of the expenses, which the book The Millionaire Real Estate Agent says is about $1,400,000 when you factor in software, continuous education, training team members, salaries, commissions, and splitting some commissions with the broker (if there is a commission split. I mention this because I have met a few people who pay a flat fee instead of a split commission while I have met others who have split 50/50 with their broker) if applicable.

But the really sad part is…

Talking with most real estate agents that want to be in the 7-figure earner category, they don’t want to “risk” the money on hiring a marketing agency and when they get an enormous amount of leads, they literally don’t know what to do with it.

Most don’t have a proven model they’re following and don’t have big enough goals to follow. Each real estate agent has the ability to do great things in a massive way. But they don’t want to step outside of their comfort zone and build a company. They stay in the “safety zone” and run everything as if it was a career.

The number one goal of any agent that wants to become a 7-figure earner is they need to run it as a business and hire the right people to do so. The end result should always be the same. Hire a CEO to run the company so you can scale to bigger things.

To contact Michael LaRocco visit his website at: http://annunci-marketing.com/

How to Automate and Delegate with Jeff J. Hunter @jhunter101

How to Automate and Delegate Tasks…

In a world where things are changing, daily, it is a challenge to keep up with the newest technologies. As entrepreneurs and business owners, our main focus should be in taking care of our customers and clients. Learn How to Automate and Delegate.

You are in the business of Customer Care. Not, building websites, writing blog posts, posting on social media, checking and sending emails, and fixing technical problems. How to Automate?

In this SynergyCafe VIDEO, Jeff J Hunter shares some very helpful tips on why outsourcing is a very smart thing to do but also how it helps people all around the world.

You can connect with Jeff at: http://JeffjHunter.com

In my conversation with Jeff, I was inspired to look further into his services, to outsource the tasks that take time away from my free-time to enjoy my life and experience new things.

At first glance you might think WHY would anyone want to do the things that I don’t want to do. The main reason is that different people have different gifts and are motivated for different reasons. You don’t know who these people are or where to find them until you start searching. However this search does not need to take a lot of your time, when you have a resource to find the ideal match for what you are trying to accomplish.

Your perfect match for the tasks that you want to out-source and delegate is almost literally a click away.

So, rather than ME writing 100% of my blog posts, you may start seeing some blog posts done by some of Jeff’s workers.

Here’s to your time freedom!

In Synergy,

Let’s Connect and Collaborate!

BRAD MagicBrad GUDIM

Business Coach | Stacey Banks Houston @aceospassion on SynergyCafe

Every entrepreneur should have a Business Coach like Stacy.

In this episode of SynergyCafe I interviewed Stacey Banks Houston, a Business Coach with a Passion to Help.

An Award-winning entrepreneur, author, speaker, and coach, Stacey Banks-Houston has motivated and educated hundreds of entrepreneurs to move from passion to position to profit. A serial entrepreneur and passionate about entrepreneurship, Stacey understands how easy it is to get “stuck” in wearing your passion on your sleeve.

WEBSITEhttps://www.staceybankshouston.com/

As always, if you have questions of need clarification on the post and promotions you see from me, feel free to contact me anytime.

To Our Freedom,

BRAD MagicBrad GUDIM
www.MagicBrad.com

 

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Not Law Business but The Law of Business with Jamil Jama

Don’t get Law Business confused with the Law OF Business.

Today on SynergyCafe I interviewed Jamil Jama of The Law of Business.

No, Jamil is not about “business law” in the legal aspect, but more as in, there are certain laws to follow in order to be successful in business. Jamil says is is like a “formula” that you follow and then with a little luck, you can be successful.

It takes more than luck, however. Being successful in business requires hard work, discipline and an entrepreneurial mindset. Jamil says, “You need to know your “why” so that you have directions and purpose.” To learn more about the Law of Business and Jamil Jama, you can visit his website.

Visit his website athttps://thelawofbusiness.com/

WATCH VIDEO – CLICK HERE

As always, if you have any questions or need clarity on any of the posts or offerings you see from me online, please feel free to contact me.

Best Regards,

BRAD MagicBrad GUDIM

Download my FREE eBOOK at: www.SynergyOnlineIncome.com

PS: I am looking for seven (7) people to form a “Synergy7 Collaborative Pod” of Freedompreneurs to work together to create Time Freedom, Money Freedom and Location Freedom, and support each other on our journey.

Ready? Let’s Connect!

Learn How To Automate Internet Marketing with Michael LaRocco

Learn How To Automate Internet Marketing and you will create more free-time for you to enjoy your life.

Here on SynergyCafe I interviewed Michael LaRocco with Annunci Marketing. He share some of his ideas on how to automate internet marketing to create more free-time.

If you are a business owner, you really should look into how to automate internet marketing, so you can maximize the time spent processing. You can free up a lot of time, by creating systems. Michael helps Business Owners, Restaurant Owners and Real Estate Professionals to increase the efficacy of their online marketing efforts by helping them to automate processes.

You can learn more about Michael from his website.

WEBSITE: ADS and FUNNELS

I’m in total agreement, with Michael on the concept of automating systems to increase the efficacy of processes. There are a lot of tasks in most businesses that are totally unnecessary for humans to be spending time doing.

There are 3 (three) basic steps to business that are also promote in life itself.

  1. Plant Seeds (Generate Leads)
  2. Nurture Plants (Build Relationships)
  3. Harvest Fruit (Generate Income)

The internet allows us to create processes that work for us 24 hours a day, which frees up time for us to do other tasks, or maybe even just relax and enjoy life.

CAREERCareer

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Social Entrepreneurship | How to be a Real Estate Entrepreneur @abhigolhar

The concept of Social Entrepreneurship has become an activity of popularity online.

Is Real Estate Investing a Good Career to get in to is Social Entrepreneurship and Branding? Learn how to be a Real Estate Entrepreneur with Abhi Golhar on SynergyCafe

In this Synergy Cafe interview with Abhi Golhar we talk about entrepreneurship and also investing in real estate. Abhi has been in the trenches with his career of choice, and in this video he shares some of the unknowns that newbie real estate investors should be on the look out for.

Abhi has a Podcast called https://realestatedealtalk.com/

WEBSITE: https://abhigolhar.com/

I’m like what am I doing you know I’m not I’m not being at all I’m not being me. T his is not who I am this is not this is not my this is not right and then I switched immediately to being of service and the more that I did that not only the more opportunities that I got. But I started to enjoy entrepreneurship enjoy creating businesses turning businesses around investing in real estate a lot more because I knew that the impact I was making was making a difference more in somebody else’s life.

That’s what made me really really happy so it’s really it’s really fun to be able to take that idea in your and you what you have in your head feel whatever you need to feel about it if it’s right then you do it if it’s not then you know what don’t do it but thoughts become feelings become things and it’s such right way and there’s such a great way to live looking at it from a logical standpoint because a lot of people were in this mentality of this duality in our head of competition you know yep the Republicans against the Democrats the Yins against the Yang’s, or me against my competition.

The Synergy Collaborative stuff that I do isn’t about that it’s all about collaboration and working together and oftentimes I’ll say if your mother and father competed you would not be here they collaborated to make you manifest is there was a collaboration of energy that’s right it made it happen so we’re going to work with someone else and see how can I help you and they tell you it’s going to reciprocate and it’s going to create that that viral vortex of manifestation and abundance deep absolutely and where mommy ya know any soil no and it’s and it’s so true and i remember in Detroit I realized I’m like wait a minute I can’t blame anybody else but me in this.

As always, if you need clarification on how we make money online, or on any of my posts, please feel free to contact me.

Event-fully yours,

BRAD “MagicBrad” GUDIM

 

VIDEO How to Make Money Online with Automobile Analogy

Wondering how to make money online and make it easy too?

The internal workings of an automobile are very very complex, as is the internet and the “How to Make Money Online” industry.

Stay with me here.

I’m going to give you a fairly detailed and complicated explanation of the inner workings of a basic automobile. Not a high-performance Indy Race Car. But a basic car. I’m writing this to make a point of how most people make the internet very complex, and as a result, never succeed at the make money online game.

Ok, stating with the engine of the automobile, there is the block with all the cylinders and pistons are. These cylinders and pistons are what powers the motor. It’s like the heart of the motor. Then there is the carburetor, where the fuel is mixed with air to make it highly combustable. This combustion mixture is put into the cylinders (each cylinder at a very specific moment in time) and then the pistons compress this air/fuel mixture to a maximum point at which a spark ignites and creates an explosion, forcing the piston to move back down the cylinder, which turns the crankshaft. That energy is driven into the transmission that has a series of gears that move around for the different speeds. The energy from the transmission is converted to the drive shaft that then send the torque out to the wheels and allows the automobile to travel from a dead stop to 50-60 or over 100s of miles per hour.

And this is just part of it. I did not even get into the electrical system, the heating and cooling system, the braking system, or any of the structural element. There is much much more.

Now… for the SIMPLE part.

To drive the car, simply get in, “use the key” start the motor. Put is in gear and GO!

Just like the automobile is very complex, The internet and the whole social media plethora is also very very complex and confusion. But if you are able to clear away all the confusion, and focus on the essential basics, the “Make Money Online” game is pretty simple.

The challenge is that the internet is dynamic and always changing, so it is very difficult to stay focused on the basics, when all these new tools and ideas are being placed in front of us every day, every minute, every second.

WATCH VIDEO – CLICK HERE

HERE’S MY TAKE ON IT ALL

There are 3 simple phases:
1) Plant the Seed (generate a lead) [irresistible offer]
2) Nurture the Plant (build a relationship) [social media]
3) Harvest the Fruit (offer the product for sale) [product or service]

ESSENTIALS

  • Video is the fastest way to become known, liked, trusted and respected, online.
  • Being consistent is vital. Blog daily, do a video daily. (It’s hard, I know.)
  • Automated and/or delegated process for processing and fulfillment.
  • High-Ticket products and services sold on the backend.

THAT’S IT! It’s that simple. (tee-hee)

Let’s connect and perhaps we can work together to keep each other on the simple track.

 

As always, if you happen to have questions of would like some clarity on any of the posts, please feel free to contact me. I’d love to help you. When you succeed, I succeed.

Have you seen: www.SynergyOnlineIncome.com

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