Posts by Reger Coaching And Consulting

The number one question we get asked: When and how often should I follow up with a lead? If only there were a simple answer… but there isn’t. Follow up timing is based on MANY things. Real estate IQ. This is simply using your best judgement, experience and real estate common sense to come up with what to do. For instance, if they are looking to buy/sell in the next month or two – follow up daily to get that appointment and cement that relationship. If they are looking to buy/sell next year – monthly would be best until you either approach the…

Starting your week with a well-thought-out communication plan is crucial. By defining the key messages you wish to convey and the best methods to deliver them, you set yourself up for success. Whether you’re sharing listings, discussing market opportunities, or celebrating client successes, clarity in your message is paramount. Here are some key steps to consider as you strategize your communication approach: Define Your Key Message: Take the time to pinpoint the core message you want to convey. Whether it’s highlighting new listings, discussing market trends, or showcasing client successes, clarity is key. Choose the Right Audience: Determine who your target audience…

Imagine two agents starting at the same point. One dedicates time to consistent lead generation, follows up diligently, and invests in continuous learning. The other procrastinates, skips follow-ups, and neglects opportunities for growth. Over time, the gap between their success levels widens significantly. The diligent agent thrives, while the other struggles to keep up. Make Time Your Ally with Good Habits Good habits are the key to making time your ally. Here are a few practices to consider: Daily Prospecting: Set aside time each day to reach out to potential clients. Consistent prospecting builds a robust pipeline of leads, which will…

It can be tempting to rush through processes to get quick results. However, this approach often leads to mistakes and missed opportunities. By slowing down and being deliberate in our actions, we can ensure more thorough planning and execution, ultimately speeding up our path to success. Here’s how: Detailed Initial Consultations One practical example of this concept is during initial client consultations. Instead of rushing through these meetings, take the extra time to ask comprehensive questions about your clients’ preferences, needs, and constraints. Understand their motivations, concerns, and long-term goals. This deeper understanding can help you provide more tailored and…

Effectively leverage your unique strengths as a real estate professional in order to elevate your business by attracting more clients, and ultimately achieve greater success. Distinguishing yourself from the competition, being confident in yourself and your abilities, and articulating this effectively, is paramount to your success. Ask yourself these questions:  What distinguishes me as a real estate agent? Reflect on the specific skills, experiences, and qualities that differentiate you from other agents in the field. Consider your expertise in certain property types or neighborhoods, your track record of successful transactions, your personalized approach to client service, or any unique strategies you employ in your practice.…

In this industry, progress isn’t always about getting better; sometimes, it’s about bouncing back. As agents, we know that success is not only the peaks we reach—it’s the valleys we conquer. Every experience of enduring adversity and overcoming obstacles is a meaningful accomplishment. Whether it’s a deal that fell through at the last minute, a challenging client negotiation, or a slow market, each setback is an opportunity to grow stronger and more resilient. Consider the times you’ve had to adjust your strategy because a property didn’t sell as quickly as expected. Or the moments when you’ve had to rebuild your client…

When working with your clients, it is highly advantageous to provide them with a range of options accompanied by your expert advice, rather than dictating a course of action. Your role is to present OPTIONS, not prescribe specific decisions to your clients. Even if it seems apparent to you what the optimal choice might be, the ultimate decision rests with them. Your job is to equip them with various choices and guide them through the decision-making process. Adopting a client-centric approach is paramount for cultivating trust and positive relationships. As a real estate agent, your role transcends mere transactional interactions; it involves being…

In an industry where client relationships are at the heart of our business, it’s crucial to make strategic decisions about where we invest our time and resources. One such decision revolves around how we allocate our top-tier services among our clients. Do not give A service to B and C clients! Here is a refresher on what A,B,C clients are. A: Takes your advice and have expressed a strong interest in a property or have a pressing need to buy or sell. B: “If it’s meant to be”, may need more nurturing before they are ready to commit. C: Not motivated but may still have potential value in the future.…

Enhancing productivity and maximizing your success starts with optimizing your environment. James Clear, a renowned blogger, productivity guru, and author of the best-selling book Atomic Habits, emphasizes the importance of location. According to Clear, changing your environment can be a game-changer for your productivity. He explains that where you do your work significantly impacts how much you get done. Your Environment Matters In real estate, your environment extends beyond your office. To be truly productive and successful, it’s crucial to surround yourself with people who are eager, driven, and productive—sometimes even more so than you. The right environment can inspire and push you to achieve more than…

Let’s focus on a fundamental aspect of any thriving business: the implementation of bulletproof systems. From recieveing tour requests to selling a home, when was the last time you took a step back and analyzed the efficiency and clarity of your systems? Why Are Systems Crucial in Your Real Estate Business? Efficiency and Time Management: Systems automate routine tasks, freeing up your time to focus on client engagement and closing deals. From scheduling showings to processing paperwork, a streamlined approach saves precious hours every day. Consistency in Service: With systems, you can provide consistent, high-quality service. This consistency builds trust with…

In today’s digital age, the emphasis on convenience and speed across various service sectors is a reflection of changing consumer expectations. Services like Uber and Amazon have set a high benchmark by delivering instant gratification and quick services, which now shapes how consumers judge all service interactions. Real estate is no exception. Buyers and sellers are increasingly looking for agents who can offer a seamless, efficient service—essentially, the “easy button” for navigating the complexities of real estate both prior to and during transactions. This desire for an effortless experience is why making a personal connection has become even more crucial. Statistics show that people are 300%…

As we navigate the ups and downs of the real estate market, it’s crucial to remember the timeless wisdom shared by one of the greatest athletes of all time, Michael Jordan. He once said, “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” These words resonate deeply in our industry, where we encounter challenges, setbacks, and disappointments on our journey to success. Whether it’s losing in a…

There is a common trend among agents that, if addressed, could significantly elevate efficiency, organization, and overall productivity: timeblocking. Timeblocking, often overlooked but incredibly powerful, is the practice of allocating specific blocks of time in your calendar for designated tasks and activities. It’s about taking control of your schedule rather than letting it control you. Unfortunately, many agents tend to navigate through their days without a structured plan, leaving them susceptible to the whims of the moment and the chaos that ensues. Without a strategic approach to time management, the consequences are evident. Feelings of being scattered and disorganized become prevalent,…

It’s paramount to approach client interactions with a mindset centered on flexibility, empowerment, and collaboration. Rather than adopting a prescriptive stance, your aim is to serve as a knowledgeable and supportive guide, offering a diverse array of options complemented by expert insights and advice. Your role transcends mere transactional exchanges; it involves immersing yourself in the intricacies of your clients’ preferences, aspirations, and budgetary considerations. By presenting an array of choices and transparent information, you empower clients to navigate the decision-making process with confidence and clarity. They are driving the car, you are in the backseat offering directions. Flexibility remains a…

“The Four Agreements” by Don Miguel Ruiz is a book that presents four guiding principles for personal freedom and empowerment. These agreements can be directly applied to being a successful real estate agent: Be impeccable with your word: As a real estate agent, your reputation is paramount. Always be honest and transparent in your dealings with clients, colleagues, and partners. Keep your promises and commitments, and communicate clearly to avoid misunderstandings. Don’t take anything personally: In the real estate business, you have or will most likely encounter rejection, criticism, or difficult clients. Remember that these reactions often stem from the client’s own…

Effectively leverage your unique strengths as a real estate professional in order to elevate your business by attracting more clients, and ultimately achieve greater success. Distinguishing yourself from the competition, being confident in yourself and your abilities, and articulating this effectively, is paramount to your success. Ask yourself these 3 questions:  What distinguishes me as a real estate agent? Reflect on the specific skills, experiences, and qualities that differentiate you from other agents in the field. Consider your expertise in certain property types or neighborhoods, your track record of successful transactions, your personalized approach to client service, or any unique strategies you employ in your…

Are you 100% confident that you can communicate your skill and value? It’s not enough to be skilled at what you do, you must also have the ability to articulate it. It’s not just about having the skills and expertise; it’s equally important to be able to communicate and showcase those skills effectively. As a real estate professional, being able to articulate your value proposition can make all the difference in attracting and retaining clients, and ultimately closing deals. Think about it this way: You may be an expert in property analysis, negotiation, or market trends, but if you can’t convey that expertise…

Starting your week with a well-thought-out communication plan is crucial. By defining the key messages you wish to convey and the best methods to deliver them, you set yourself up for success. Whether you’re sharing listings, discussing market opportunities, or celebrating client successes, clarity in your message is paramount. Here are some key steps to consider as you strategize your communication approach: Define Your Key Message: Take the time to pinpoint the core message you want to convey. Whether it’s highlighting new listings, discussing market trends, or showcasing client successes, clarity is key. Choose the Right Audience: Determine who your target audience…

A pipeline refers to the ongoing process of cultivating and managing potential clients or prospects with the goal of converting them into buying or selling transactions. The notion of “rebuilding your pipeline” should ideally be a rarity rather than a routine occurrence. The essence lies in the consistent cultivation of client relationships, a cornerstone of success in this industry. By diligently following up and nurturing clients over time, agents can foster enduring connections that yield business and valuable referrals, thus ensuring a perpetually flowing pipeline. Establish the habit of building relationships daily to sustain a steady influx of prospects without necessitating extensive…

As professionals in the fast-paced world of real estate, we often find ourselves juggling numerous tasks and dealing with frequent interruptions. Yet, it’s crucial to remain focused on our goals and objectives, as highlighted by the insightful quote from James Clear, author of “Atomic Habits”: “Professionals know what is important to them and work toward it with purpose; amateurs get pulled off course by the urgencies of life.” Consider this statistic: on average, individuals are interrupted at work every 4-12 times per hour, equating to an interruption every 15 minutes in the best-case scenario. So, how can we, as professional real estate…

While having connections and knowing lots of people is undoubtedly beneficial in this industry, what truly sets agents apart is being known and recognized for their expertise and skills. It’s not just about who you know, but whether those connections truly understand who you are, what you do, and how exceptional you are at it. Take a moment to reflect: do the people within your network truly grasp your capabilities? Will they confidently recommend you in a room full of opportunities? These are important questions to ponder as you navigate you professional real estate goals. To ensure that your name resonates positively…

According to insights from a recent national housing trends report, which delved into the preferences of contemporary homebuyers, 3 key attributes stand out as crucial factors influencing their choice of a real estate agent: Trustworthiness: Above all, buyers highly value an agent who exudes trust and reliability. Establishing a strong sense of trustworthiness can significantly enhance your credibility and foster long-lasting relationships with your clients. Online Reputation: The significance of online reviews has surged in recent years. In 2018, 42% of buyers prioritized reviews when selecting an agent. By 2023, this figure had risen to a striking 63%. Ensuring a positive online…

In today’s digital age, real estate agents are constantly seeking innovative ways to stand out in a competitive market and connect with clients effectively. One powerful tool that has emerged as a game-changer in the industry is short-form videos. Whether it’s following up with clients, leveraging social media platforms, or making initial introductions to prospective clients, incorporating short-form videos into your business strategy can have a profound impact. According to Forbes, people retain 95% of a message when they watch it on video compared to only 10% when reading it in text. Let’s delve deeper into how you can harness the power…

The first impression you make on potential buyers and sellers can significantly impact your success. As professionals in this industry, it’s crucial to understand the importance of these initial interactions and how they can shape your relationships with clients. Buyers and sellers are not only looking for someone who is knowledgeable and reliable but also for someone they can trust and feel comfortable working with. They are entrusting you with one of the most significant transactions of their lives, and your first impression sets the tone for the entire process. Here are some key points to consider when it comes…

Agents, guide your buyers to understand these 2 types of sellers… Seller #1 lists their home, receives few showings, no offers and refuses to reduce price. Seller #2 lists their home, and makes immediate and consistent adjustments to price and condition in order to attract an offer and sell. Seller #1 represents a challenge. This seller has listed their home but is resistant to adjusting the price despite receiving limited interest. Advising buyers on such listings involves managing expectations – the seller may eventually accept a lower offer, but it’s a risky strategy since they would have already just lowered their price to attract more…

A crucial aspect of being a real estate professional is tracking progress and overall metrics. Are you actively monitoring your performance metrics, and are you updating your CRM (Customer Relationship Management) system on a daily basis? It becomes increasingly essential to adopt strategies that empower us to measure, understand, and ultimately control our progress as real estate agents. If you can’t measure something, you can’t understand it. If you can’t understand it, you can’t control it. If you can’t control it, you can’t improve it. Examples of tracking tools: – Pipeline – CRM – Calendar – Notes/reminder platforms of lead referral sources…

When working with your clients, it is highly advantageous to provide them with a range of options accompanied by your expert advice, rather than dictating a course of action. Your role is to present OPTIONS, not prescribe specific decisions to your clients. Even if it seems apparent to you what the optimal choice might be, the ultimate decision rests with them. Your job is to equip them with various choices and guide them through the decision-making process. Adopting a client-centric approach is paramount for cultivating trust and positive relationships. As a real estate agent, your role transcends mere transactional interactions; it involves being…

Sharing success stories as an agent is crucial for building credibility, trust, and differentiation, especially in a competitive market. These success stories provide tangible evidence of your competence, showcasing your expertise and ability to navigate challenges successfully. By connecting with clients on a personal level and offering social proof of positive outcomes, success stories inspire confidence in your services and facilitate the establishment of a positive client-agent relationship. Additionally, they serve as effective marketing tools, helping you stand out and attract new clients while contributing to your overall reputation. Ways to Share Success Stories: To maximize the impact of your success stories, consider various…

As we stand on the brink of a new year, it’s crucial to envision the future we desire for ourselves and our careers. Let’s fast-forward to 90 days from now, April 4th, 2024, a date that marks not just another day but a checkpoint for our achievements and growth. Imagine looking back on today with a sense of fulfillment, knowing that you’ve invested your time wisely and strategically. The power of introspection lies in its ability to guide our priorities, prompting us to consider what we wish we had spent more time on. We’ve all heard the saying, “Time is the one…

As we approach the cusp of 2024, it’s a perfect moment to reflect on the foundations of our businesses and pinpoint areas that could benefit from enhancement. These “gaps” are opportunities ripe for growth and improvement. Consider these “gaps” not as setbacks, but as gateways to a more efficient and prosperous business. These gaps might manifest as unclear processes causing stress or confusion, missing elements in your approach, or inefficiencies impacting client satisfaction or overall productivity. They encompass various aspects, including but not limited to: Scheduling/Time-blocking: Optimizing your time allocation for maximum productivity. Communication with Clients and/or Team Members: Ensuring clarity and coherence…