Jess Lenouvel

9 Signs You Should Quit Real Estate (Trigger Warning)

I’m going to start this post off with a trigger warning.

I honestly believe that 50% of agents should quit real estate. 

Now, I know that might sound harsh.

But the industry has become saturated with people – many of whom are bringing the real estate industry down as a whole.

There are certain types of agents who will never be successful.

They’ll never build the big, automated real estate business of their dreams.

Want to make sure you’re cut out to build a 7-figure business?

Keep reading to learn the biggest traits that prevent agents from reaching their income goals.

1. People think the industry is against them

Agents that think the industry is out to get them should not be agents. Period.

I’m not saying that real estate businesses don’t have their challenges.

But many agents like to act like real estate is one of the most difficult industries in the world.

Real estate isn’t rocket science. 

If you’d rather complain about how hard real estate is than learn how to build a streamlined, automated business…you’re not cut out to scale, and you may as well quit real estate.

2. People who only do 5-10 deals a year

I know this opinion is controversial.

And I also want you to understand…

I’m not saying you have to live and breathe real estate. 

In fact, real estate isn’t even my #1 passion in life. I see real estate as a vehicle to create the life of your dreams.

But if you’re someone who wants to do real estate on a very part-time basis

I.e. → you don’t have the desire to get automated systems in place, you don’t want to grow a team, you only want to do the odd deal here and there…

Well, all you’re doing is diluting the market.

You’re taking deals away from the people who are 100% committed to their real estate business.

The people who are all in –  who’ve made it their mission to create the highest level of service and to be the best version of themselves.

THOSE are the people who are going to get the best results possible for their clients. They have the infrastructure in place to do so.

If you’ve got one foot in and one foot out when it comes to your real estate business, you need to make a decision.

Either decide to give this thing your all and elevate your business – or quit real estate altogether.

3. People who blame their brokerage/blame others

Being a successful real estate agent means taking 100% radical responsibility for your business.

Not blaming the market

Not blaming your clients

Not blaming your broker

I can’t tell you the number of times I’ve heard “Well, I joined X,Y,Z brokerage and they said they were going to help me!!”

Your broker isn’t responsible for your business.

Your broker is responsible for processing your transactions and getting you paid. That’s it. 

Sure, there are brokerages out there with excellent training programs or who do a little extra to help out their agents.

But if you go into real estate with the mindset that your brokerage is what will help you secure business, you’ll never find the success you’re looking for. 

Stop giving your power away. Get out there and source and find the information you need to transform your business. If you’re waiting for someone else to build your business, you may as well quit real estate.

4. Agents who refuse to challenge the status quo

Let me ask you an honest question.

Are you truly innovating in your real estate business?

Or are you resting on your laurels?

I’ve heard so many agents tell me that because they have 10, 20, or 30 years of experience…that should be enough to consistently get them business.

But do you really have ten years of experience?

Or do you have one year of experience repeated ten times? 

Because so many people just do the same thing over and over. 

They’re not challenging themselves. They’re not growing. And they actually just have one year of experience that they keep recycling. 

Doing the bare minimum and expecting something to change is the definition of insanity. 

5. Agents who rely on referrals alone

This is another one of my opinions that really ruffles feathers, but I’m going to share it anyway.

For so long in this industry, we’ve glorified real estate referrals. 

When you rely too heavily on referrals, you’re relying on other people to secure business FOR you.

At the end of the day, you’re not in control of your marketing, your lead flow – AKA the lifeblood of your business.

Could you imagine if Nike relied on referrals?

If Amazon decided not to advertise and said their customers will do that work for them instead?

They would never, because they’re running real businesses. 

To scale a business, you need predictability in your lead flow.

Referrals leave it completely up to chance.

6. Agents who treat their business revenue like their salary

This is a hard one for so many agents to wrap their heads around.

Your commissions are not your income. Your commissions are the business’ income.

You pay yourself out of the proceeds.

If you view your commissions as your personal income, you will be emotionally attached to money. Money that you SHOULD be using to invest into growing your business. 

Real businesses do not consider all revenue to be personal income of the CEO. 

7. Agents who refuse to face their fears

I’m not saying this one is easy.

Running a business is one of the greatest exercises in personal growth and development.

And it can be downright HARD.

Take it from someone who came out of an absolutely horrible physically and mentally abusive relationship. 

I had to start from nothing. 

There are things that are going to happen in your life and business that are going to feel like they’re insurmountable.

But when you show up with a willingness to confront your fears and tackle things head on – that’s when you become unstoppable.

What is the story you’re telling yourself for why you can’t succeed?

Hint: whenever a thought starts with “I’m not the type of person who…..” – you’re putting limits on your growth.

Whether you’re telling yourself:

  • I’m not the type of person who’s good at sales calls
  • I’m not the type of person who’s confident in front of the camera
  • I’m not the type of person who can lead and manage a team

You’re keeping yourself small. 

You HAVE to decide that your desire for growth is larger than your desire to stay comfortable.

For example…I do a lot of video.

Do I always enjoy being on video? 

Nope.

Sometimes I feel physically self-conscious.

But I do what it takes and I show up – even on the days I don’t feel like it.

I remember being invited to speak on stage having gained 40 pounds in front of hundreds of people.

Was I terrified?

You bet.

But I realized that sharing my message so I could create impact was MORE important than how I felt about my physical appearance.

It’s not about you. It’s about the message. You get to be the vessel.

Face your fears and show up for your business, no matter what the voice that doubts you says.

8. Agents who can’t be adaptable

The only thing that is certain in life is change.

How willing are you to ADAPT to new ways of doing things?

It’s so easy to get caught up in an identity.

You might tell yourself “I’m a cold-caller!”, or “I run a referral-based business”.

But I have to ask…

How’s that working for you right now?

Is it unlimitedly scalable?

Are you building the business of your dreams?

Or are you just doing what you’ve always done?

The number one thing that is going to make you successful over time is being adaptable. 

It all comes back to the theory of evolution.

Those that survive and thrive, whether it be a species, or a business, are those who are able and willing to adapt.

Think about the kinds of companies that have failed over the last 10 years.

Take Blockbuster, for example.

They didn’t adapt fast enough to the digital economy and didn’t get online.

You don’t get to operate your business the same way for 10 years and expect continuous success.

Without evolution, at a certain point, things will start to plateau – and eventually, decline. If you’re not willing to ever adapt, you may as well quit real estate while you’re still ahead.

9. Agents who make the industry look bad

Do you want to know what professionals DON’T do?

They don’t treat each other like crap.

They don’t behave so badly that they put a stain on an entire industry.

Because the unfortunate truth is – there are agents out there doing exactly that.

One particular story that comes to mind is when I was selling my house in Toronto.

If you’ve been following me for a while, you might know that I originally got into real estate because of my Mom. She’s a real estate veteran who’s been in the industry for 35 years.

And so, I chose her as the agent to list my home.

When my Mom listed my house, we had an obscene amount of offers come in (it was a low inventory market).

One day, I overheard an agent speaking to my Mom on the phone.

And I became enraged. 

He was yelling and swearing at my mom on the phone.

It wasn’t a good look. I took the phone from my Mom and told this agent how he’d royally screwed up.

From that point on, it no longer mattered what kind of offer he proposed.

I simply didn’t want the commission going into that agent’s pocket.

After we sold the home, his clients called for weeks in tears asking why they didn’t get the house – even with the incredible offer they submitted.

It broke my heart to tell them that it wasn’t about them, it wasn’t about the offer…

It was about the agent they chose to help them purchase a home.

Agents like that make our entire industry look bad. If you’re not able to act with integrity, I 100% believe you should quit real estate so that you stop bringing other agents down!

Again, if you want to be treated with respect, be respectful.

Stop trying to win through manipulative, sleazy techniques.

Be kind and courteous to others in the industry.

And take your business seriously. 

Stop with the spray and pray random acts of marketing, and START showing up consistently for your ideal clients.

I genuinely love this industry and think we can do better.

So if you see yourself in any of the points above, the question is…

Are you ready to step up?

If the answer is yes, apply for The Listings Lab to build a scalable real estate business that offers you true freedom.

Get all the details and apply for mentorship here. 

4 Real Estate Business Tips For The Agent Ready To Scale

Looking for real estate business tips to grow like crazy?

You’re in the right place.

Because let’s be real…

You can live and breathe real estate.

You can know your market inside out.

But the most successful agents out there aren’t just real estate obsessed.

They’re masterful business people.

They’ve honed in on their messaging, their marketing, and their niche.

They’ve learned how to leverage social media so that their lead flow never drys up.

And they’re constantly evolving to keep up with the times and stay relevant in the eyes of their ideal clients. 

Ready to become the go-to agent in your market?

Read these four expert real estate business tips to learn how.

Consider Your Sphere of Influence

Many people will consider your sphere of influence to be your friends, family, and immediate contacts.

But I look at the sphere of influence a little bit differently. 

I consider anyone who’s engaged with me on any sort of platform to be included in my sphere of influence. 

That engagement is the start of a relationship.

And anyone you’re able to build a relationship with is someone you’re able to influence.

It’s time to start expanding what you consider your sphere of influence. 

And when you do, you’ll experience so much MORE.

  • More referrals
  • More clients 
  • More opportunities
  • And more brand evangelism 

The bottom line is this.

People don’t necessarily have to have worked with you in order to refer you. 

When I was selling real estate, I had TONS of people who referred to us but had never actually worked with us.

They were in their forever homes and didn’t have a need for our services. 

But even though they weren’t moving, they were following along with what we were doing. 

And so whenever one of their connections – be it a friend, a family member, or a co-worker – said they were moving?

They’d tell them – you should really talk to Jess.

The ONLY reason we were doing that is that we were consistently showing up online to influence others. Not only were we striving to influence our hottest leads – we strived to influence anyone who had influence. 

Because we ALL have influence.

Think about the six degrees of separation. We’re all interconnected. 

And even more so with the rise of social media platforms. 

You never know who’s keeping tabs on you and ready to say your name in a room full of people. 

Keep Up With Technology 

Keeping up with technology is probably every business owner’s biggest challenge. 

Especially when it comes to social media platforms, things just change SO quickly.

But this is not an excuse to throw your hands in the air and give up.

When you refuse to grow, learn and adapt – you become obsolete. You become irrelevant to your ideal clients.

This is a HUGE reason why I insisted on giving lifetime access for our signature program, The Listings Lab. 

We originally started out as a 90-day program where agents would come in and out.

But I quickly realized the limitations of this model.

Marketing is constantly changing. 

When you enroll in The Listings Lab, you have access to an entire team who’s keeping the pulse on real estate marketing trends.

I’m not teaching people techniques like cold-calling, that haven’t changed since the seventies. 

Social media changes by the minute. 

So what we’ve done is this.

We’ve taken on the role of us keeping up to date so that we can keep everyone in our programs up to date.

As an agent you’re busy. You might not necessarily be watching trends, and updates and keeping up with algorithms changes.

But whether you have support like that or you’re on your own – you HAVE to keep up. 

It’s simply science. It’s natural selection. 

The businesses that will survive and thrive are the ones that are the most adaptable. 

What happens to many agents is that they resist technology for so long that it becomes impossible to catch up and it gets away from them.

Don’t be that agent. Don’t put an end date on your business.

Become A Masterful Marketer

As an agent, you really have two jobs.

Being an agent.

And being a marketer.

When so many agents get into this business, they think they’re going to spend ALL of their time selling real estate and doing traditional realtor work.

When in reality, the client generation side is JUST as important (if not more).

Your lead flow is the lifeblood of your business.

And it always amazes me how so many agents fail to give marketing the serious attention it deserves. 

You could be the best agent in the world, but if you’re not a good marketer – you won’t have any clients.

And no clients = no work.

You can’t rely on your immediate network for all your deals.

Many agents mistakenly assume their friends, family, and connections will ALL hire them simply because of familiarity. 

But think about it.

Buying or selling a home is one of the biggest financial decisions your clients will ever make in their lives. 

They’re going to always choose the person who they think will get them the best results. Personal connections won’t necessarily just work with you because you’re friendly. 

These days, it can feel like everyone and their dog has a real estate license.

I’m from a market that has 60,000 licensed agents, so trust me, I get it.

But what you need to know is this.

In any given market, 10-20% of agents are going to get 80-90% of the business. 

Want to be in that top 10%?

Then you HAVE to start taking your marketing seriously. 

Niche Down

So many agents hate me for saying this.

But if you want to be successful in real estate, you *have* to stop trying to appeal to everyone.

And you have to pick a real estate niche.

The worst messaging you can have as an agent sounds like:

“Call me for all of your real estate needs!”

Or:

“ I can help you buy, sell, rent and invest from here to Timbuktu!”

Believe it or not, there’s an element of scarcity in that sort of messaging that you may not even recognize, but that comes across to other people. 

Those of us in the real estate industry have become so used to hearing certain verbiage that we’ve lost track of what it sounds like to the public.

And what does it sounds like?

It sounds like “I’ll take whatever I can get”.

The reality is this.

If you want to be treated like a professional, you have to act like a professional. 

So many agents tell me they want to be treated like a lawyer, or an accountant. They want to be offered the same respect and esteem.

But think about it this way.

You would NEVER go to a criminal lawyer when you’re looking for support with contract law.

You would NEVER go to a pediatrician when you need brain surgery.

There are specialties in every high-quality field.

Realtors love to be generalists when in reality, it only hurts their business. 

So if you truly want to stand out in your market, you have to answer the questions:

  • Who do you serve?
  • What is the problem you solve?
  • How do you solve it?
  • What is your expert methodology, or specific process, to help your clients get to where they want to go? 

The more specific you are, the higher chances that you’ll stand out to that group of people. 

You’re able to break through the noise and create an opening for yourself. 

And that opening allows you to develop a relationship with prospects and nurture them – taking them from stranger to client.

The way you do this is to embrace marketing and sales psychology so that you become the #1 choice in your ideal client’s eyes.

 

Want to learn more about how to do exactly that? 

Download The Listings Lab Method Guide to learn our methodology to fill your calendar with appointments. All without time-consuming tactics or sleazy marketing gimmicks.

Get the guide here. 

Real Estate Sales Funnel: 9 Things Every Agent Should Include To Convert Prospects Into Clients

Ever wonder what it really means when people say you should be working on your real estate sales funnel? 

Crafting a solid funnel is one of those digital marketing pieces that so many agents tend to neglect.

Instead, you might be focused on cold-calling, handing out flyers, and other old-school marketing techniques.

But when you take the time to not only become a masterful real estate agent, but also a masterful marketer, that’s when your real estate business will SOAR.

Take our member Heather in The Listings Lab for example. She was able to generate $150 million in volume through mastering her messaging and leveraging organic social media platforms. 

Browse more success stories like Heather’s here. 

In this post, we’ll cover:

  1. What Is A Real Estate Sales Funnel
  2. The 4 Foundations of Your Funnel
  3. The Biggest Mistakes Most Agents Make When Creating Their Funnel
  4. A Powerful 9-Point Funnel Sequence To Convert Prospects Into Clients

Ready to master your sales funnel so you can scale from six to seven figures?

Read on!

What Is A Real Estate Sales Funnel? 

A funnel is a psychological structure designed to take someone from prospect to customer.

From stranger to client.

From not knowing who you are…to knowing, liking, and trusting you.

Your funnel is what helps your ideal client see you as the solution to their problem.

Sure, your funnel might consist of a series of opt-ins, a webinar, an email sequence, or a Facebook ad campaign.

But all of those things still don’t make up a funnel. 

They’re simply vehicles or tools to build out your funnel. But if the basic psychological structure isn’t there, it doesn’t matter what marketing platform or the tech you use – it’s not going to convert.

So let’s get into the four core foundational pieces of your funnel before going into detail about the 9-point messaging sequence!

Foundations Of Your Real Estate Sales Funnel 

Building a funnel is all about creating relationships at scale with your ideal clients.

Here are four foundational pieces you absolutely need to get clear on before you start your real estate sales funnel. 

Get Clear On Who You Want to Attract

Who are you targeting? 

One key note…

When you’re getting clear on who you want to attract, it’s NEVER going to be from a geolocation perspective. 

It *has* to be from a psychological perspective. 

You simply cannot use buyer psychology if you’re geo farming. 

In any one ZIP code, you’ll have a variety of prospects, each with their unique set of problems. You might have upsizers, downsizers, investors, first-time buyers…and on and on and on.

This is why we always recommend choosing your real estate niche based on the type of human being or life transition they’re going through! 

Get Clear On Your Methodology 

What is the actual problem you solve for your clients? 

This step is about understanding your ideal client’s problems, fears, and desires and how your services address those needs in a way that nobody else does. 

It’s all about developing a signature system that boosts your overall value proposition. 

Get Clear On Your Message

Understanding how to speak to your ideal clients in a way that resonates with them and builds connection is a skill that many agents neglect. 

But it is so vital to having a high-converting real estate sales funnel.

Create An Asset Around Your Method

The fourth step is to create an asset around your method or signature system. You want to document your method and turn it into something that can be used as a lead magnet. 

The goal is to indoctrinate people into your methodology so they warm up to your system before they ever get on the phone with you.

Biggest Mistakes Agents Make When Creating Their Sales Funnel 

Before we get into the 9-point funnel, I want to share some of the most common mistakes agents make with their real estate sales funnel so you can learn how to avoid them.

Forgetting Your Funnel Is A Work In Progress

Remember, planning and executing your funnel is a process. It’s all about launching, collecting feedback, iterating, launching, collecting feedback, iterating. 

Over and over again. 

When you get hung up or over-think any one piece of the puzzle, it’s going to cause delays and slow you down. And you may not even end up getting a full funnel built!

Thinking A Real Estate Sales Funnel Is Just A Collection Of Content

Your funnel is so much more than just various pieces of content. In reality, it’s a psychological journey you take your prospects on.

Focusing on The Wrong Avatar 

Your funnel is never going to convert if you don’t have genuine expertise and experience with the audience you’re looking to target. Make sure that you choose an ideal client avatar going through a life transition that you’re truly an expert at – or one that you’ve gone through yourself.

Getting Overly Focused on The Tech

Once you get to a certain level in your business, creating great content should be a habit. Your funnel is just an extension of that process. 

Most funnels fail because people focus too heavily on the tech. They focus on the systems and not the psychology behind their funnel.

95% of the time, there’s nothing wrong with the tech.

Rather, there’s a deeper problem going on. There could be issues with your messaging, offer, or avatar

9-Point Messaging Sequence For Your Real Estate Sales Funnel 

Are you ready for it? 

Here’s the nine-point real estate sales funnel any agent can use to build trust with their clients online and become the #1 option in their market.

Implementing this funnel is all about doing three things.

  1. Selling The Problem
  2. Selling The Process
  3. Selling The Solution

Let me show you how to do all three. 

Sell The Problem 

In order to sell the problem, you must get clear on three things – your audience’s pain, problem, and the stakes and consequences of said problem.

Pain 

If you don’t understand your ideal client’s pain, you’ll never be able to sell your services.

Because here’s the deal…

People don’t move because it’s fun. They move because they’re experiencing some sort of pain. The whole reason people begin looking for a solution is that their current situation isn’t working for them.

So many agents neglect the pain piece when in reality it’s incredibly important. 

You have to be able to answer the questions – what’s driving the move?

Because again, it has to be pretty serious if they’re willing to pack up their entire lives and put it into boxes, list their house, live like they’re in a museum for weeks, secure financing, and the list goes on and on.

A key note when we’re talking about pain points is we want to use very specific language. 

These pain points should conjure up a mental picture for your ideal client.

What does the pain look like? What does it sound like? What does it feel like?

And if you’re not clear on these things, you most likely want to go back to the drawing board and do more market research. 

Problem

Getting clear on the problem means you understand two things.

What your client *thinks* the problem is

And what the true, underlying problem actually is

Sometimes these might be the same, but often there will be a disconnect.

Your client might assume the problem is that the kids are fighting or that they’re arguing lots as a couple.

When in reality, you know as the agent that the underlying problem is the lack of space they have in their home.

Or maybe, it’s that there are four people sharing a bathroom. Or that the kids don’t have their own room. 

So you want to be able to identify…

What’s the pain they’re experiencing?

And what’s the underlying reason they’re experiencing this pain (the problem)?

Consequences

And the last thing we want to get clear about is the stakes and consequences. 

What happens if they don’t solve the problem? 

What’s going to keep happening? 

What does the compound effect look like? 

What will things look like in a year? 

You want to paint the nightmare scenario.

When you’re able to get clear on the pain, problem, and stakes and consequences, you’ll have everything you need to sell the problem – the first key step in your real estate sales funnel.

Sell The Process

Next up, we need to sell your unique process.

To do this, we need to share your story, your qualifications, and your proof. 

Your Story/Qualifications

Your story and qualifications should essentially answer the question – who are you and why should people listen to you?

You should be able to answer:

  • What are your personal beliefs?
  • What is your personal philosophy?
  • What is your story?
  • What are your core values?

Your Method

Your differentiator can’t be something like, “I’m the agent who cares more!” or “I’m the number one agent in [X] ZIP code!”

It has to be the systematic approach you’ve used to get proven results and help your clients overcome their problem.

The amount you share about your signature process will heavily depend on where your prospects are at within your real estate sales funnel. 

Early on, you may only share the surface-level pieces of it. But as people get further into the funnel, and they get more accustomed to you and seeing you and consuming your content, then you can go more in-depth. You want to give them a behind-the-scenes look at what your process entails and the method you use to achieve results.

One of the BIGGEST mistakes so many agents make is they think they need to wait until a listing presentation to go over their signature method.

But in reality, your potential clients should be fully educated on most of your process or signature system before you ever get in the door. 

Social Proof

Last but not least, the final part of selling your process is sharing social proof. 

Social proof refers to:

  • Case studies
  • Testimonials
  • Client results

Basically, anything you can use to back up the fact that your services provide the transformation you say they do.

You want to be able to walk your ideal clients through the story of where past clients were when they first started working with you – and paint a clear picture of how your services changed their lives.

Your leads need to see real examples so they can picture themselves in your clients shoes!

Once you’ve nailed down your story and qualifications, unique method, and have gathered some social proof, you’ll be able to start signing more inbound clients.

Sell The Solution

Finally, there are three key steps to close the sale and make sure you sell your solution.

Handle Objections 

The first one is to skillfully handle any objections.

I’m sure you’ve been at a listing presentation before and you’re getting some sort of pushback.

Whether it’s the commission, or the fact that your potential client has an uncle who’s an agent…there’s always going to be something.

As an agent, it’s your responsibility to not only address these objections – but to overcome them.

And the best place to do that is in your real estate sales funnel.

That way, when your prospect meets with you, they don’t need to be convinced. They’ve already bought into your signature system and your strategic content has busted any objections that would prevent them from taking action.

Vision

Spend some time thinking about:

  • What can your ideal clients expect when they apply your system to their life? 
  • What are the results?
  • What are the outcomes? 
  • What circumstances do they want?
    Where will they be a year after working with you? 
  • How will their life look different? 

All of these questions make up your vision. 

Your vision goes beyond just telling prospects that you’ll help them get the most money for their house. That’s what every other agent out there is saying –  and it’s why so much real estate marketing just gets filtered as noise.

Really good marketing is getting someone’s head nodding. It’s being able to articulate what’s in the back of someone’s head better than they can. Because when you can do that, they’ll automatically credit you with the solution.

Action

And last but not least is action. What is the next step?

You want to make sure you’re giving your prospects a clear action to deepen the relationship.

Whether that’s booking a call, signing up for a video webinar that you’re doing, or making a listing appointment.

When you’re able to create a sequence that addresses all of these nine core areas:

  • Pain 
  • Problem
  • Stakes & Consequences
  • Your Story & Qualifications
  • Your Methodology
  • Your Proof
  • Objections
  • Vision
  • And Action

You have everything you need to establish authority, develop a connection with your ideal client, and become the go-to agent for them. 

If you want to dive deeper into the sales and marketing psychology required to consistently attract qualified real estate leads on autopilot, be sure to download The Listings Lab Method Guide.

In this highly valuable 20-page guide, you’ll learn how to master the principles of The Listings Lab Method – relevancy, omnipresence, and intimacy so you can be the only choice for your ideal clients.

Get The Guide Here

How Real Estate Team Leaders Can Master Delegation And Step Into Their CEO Shoes

Are you a real estate team leader on the brink of burnout? 

Let me guess…

You started your business for freedom. For impact. For unlimited income.

But in reality, what’s happened is that you’ve created a system where you’re trading hours for dollars – and where nothing happens unless you do it yourself.

Sure, you might have a couple of team members or even a VA.

But you’re still the one sailing the ship. 

And every single microscopic decision rests on YOUR shoulders. 

When many of our members in The 7-Figure Agent came to us for support, they were in the exact same position. 

But through mastering the art of delegation they were able to transform from busy and burned-out team leaders to calm and in-control CEOs.

Take Justin as an example. He was able to take all of the free time he gained and put it towards building an ice skating rink for his kids.

Or Heather, who went from being glued to her phone and computer 24/7 to having plenty of time to spend with her new partner and kids.

If you want to get results like them, keep reading to figure out the first steps to regain your time and sense of peace in your business.

Limiting Beliefs That Keep Busy Real Estate Team Leaders Stuck

If you’ve brought on a team, but still find yourself bogged down in piles and piles of work…

You might be caught up in a limiting belief around leadership and delegation.

Do any of these sound familiar to you?

  • “No one is going to do it as good as me”
  • “It’s going to take too much time to train someone”
  • “It’s easier for me to do it”
  • “I wish there were two of me”
  • “I wish there were 36 hours in a day!”

There are dozens of limiting beliefs that might be preventing you from scaling a real estate business, but these are some of the most common ones. 

And trust me, I’ve said every single one of these things at some point as well.

But when you’re able to ditch these mindset traps and start embodying a real estate CEO, everything changes.

  • You’re able to clone yourself and work in your zone of genius 
  • You’re able to continuously gain 1 hour/week of free time (or even an extra hour a day!)
  • You’re able to triple your business working only HALF the time (and  only on things you love)

Are you ready to become a master delegator? Let’s get into the three steps to start freeing up your precious time!

1. Identify Your CURRENT Job Description As A Team Leader

In order to start getting tasks off your plate, we first need to identify where your time is currently going. 

The best way to do that is to conduct an energy-audit in your business.

Here’s how that works. 

For one week straight, I want you to log and record ALL of the tasks you spend your time on.

Get brutally honest. If you log in and check your email 15 times a day, write down that you’ve checked your email 15 times.

These tasks don’t only have to be related to business.

They can also be things like laundry, preparing meals, running errands, or picking up and dropping off your kids.

We want to get a holistic view of where your time is going.

By doing this exercise, you’ll be able to determine:

  • How much time each week is going to certain tasks
  • Whether you’re spending your time efficiently and on CEO-level tasks
  • If there are certain tasks that are consuming your time that could either be automated or delegated

The summary of these tasks make up your current real estate team leader job description. 

But now, it’s time to move on to step number two where we’ll create your CEO job description. 

Let’s go! 

2. Create Your New CEO Job Description

There’s a reason I’m using the term CEO rather than team leader. 

You have to understand…

You’re the CEO of a company.

It is your responsibility to set the vision of the business.

The traditional team leader in a real estate model is broken. Many of the ways agents have been taught to delegate and leverage are outdated.

Many agents fall victim to ‘unicorn syndrome’ thinking that their real estate business is different compared to any other type of business out there.

But they’re not. 

In reality, a real estate business functions just like any other business. 

And one of those foundational pieces that’s needed across any industry is a leadership team. 

You as the CEO sets the vision, and then your leadership team carries out the implementation of that vision. They make it happen!

I’m at a point in my business where although I may have my fingers in a lot of things, I’m not so involved in most day-to-day operations.

Your job as the CEO is mostly to stay in your zone of genius. 

Your zone of genius is the things that you’re great at and that you love doing.

They’re the $1000/hour tasks that are going to produce the highest ROI from your time.

To get clear on your zone of genius, try this exercise. 

Categorize the tasks you’ve brain dumped into four different categories.

  1. Things you love doing and you’re great at
  2. Things you like doing and you’re good at
  3. Things that you don’t like doing but you’re good at
  4. Things that you don’t like doing and you’re not good at

Category one is your zone of genius – this is where you want to be. 

Category two are tasks that you enjoy doing and you’re good at, but they still don’t necessarily need to be done by you. These are things that you plan to delegate in the next 90 days or so.

Category three are things that you should work on outsourcing sooner rather than later. Even if you’re “good” at something, if you don’t actually enjoy it, it’s most likely a task that drains your energy.

Because at the end of the day, you have a choice.

You can either fill your energy tank or deplete it. 

As a CEO, you must commit to energy elevation.

We want to have you ending your days buzzing with energy – not flopped down on the couch watching Netflix because you’re so exhausted.

And category four are tasks you should never, EVER be doing. If you are currently doing tasks in category four, you should try to outsource or automate them ASAP because they will massively slow your business growth. 

The other thing you want to keep in mind when creating your CEO job description is the type of tasks and their true value.

For example, before members join The 7-Figure Agent they’re often spending a ton of their time on $10/hour tasks. 

No matter how much you love doing it – any $10/hour task needs to come off your plate. 

A $10/hour task should always be automated or given to a VA.

Because the sooner you outsource these tasks, the sooner you can get to the work that will truly move the needle and drive revenue in your business. 

Here are some examples of task values in business: 

  • Low – $10/hour tasks. For example…basic customer service, basic graphic design, monitoring your inbox, etc.
  • Medium – $250/hour tasks. For example…content creation, SOP (Standard Operating Procedure) creation, project management, etc.
  • High – $1000/hour tasks. For example…Creating new videos, strategic partnerships, sales calls, public speaking, etc.

Ask yourself –

How much time am I spending on $10/hour tasks?

On $250/hour tasks?

On $1000/hour tasks?

Routinely spending time on $1000/hour tasks can be the difference between a $100,000/year business and a million dollar business.

3. Start Delegating Like A Pro 

Once you’ve got clear on all the tasks on your plate…

The high-value and low-value tasks…

The tasks that fall outside your zone of genius and the tasks that drain your energy…

You can start figuring out what you need to document and then delegate.

The first step to delegating any tasks is to make sure you’ve documented and created clear instructions for how this task needs to be done.

This is often referred to as an SOP (Standard Operating Procedure).

Here are a few tips to keep in mind when documenting and delegating.

Don’t Overcomplicate It 

Many real estate team leaders will try to spend hours and hours perfecting their SOPs.

When in reality, there is no need to overcomplicate the process.

If you tend to get caught up in perfectionist tendencies…remember.

The first version doesn’t have to be perfect.

In fact, the person to who the task is being delegated can spend time on it to make it perfect!

Use The Right Tech

The two tools you’re going to use to document your tasks are:

  1. A project management tool
  2. And a screen recording software

The ones we recommend are Asana for project management and Loom for screen recording. 

But really, as long as you have a project management tool that integrates with Zapier, you’re good to go!

A project management tool is so important because you want your task instructions to be stored in a place where your team is executing the tasks. You don’t want them to be stored in some obscure folder where no one’s ever looking!

Give All The Key Details About The Task

In your SOP, you want to answer the questions:

  • What is the task?
  • Why is the task important?
  • How should the task be completed?
  • How do you know when the task is complete?
  • On average, how long should the task take to complete?
  • And any additional resources, logins, or tools required to complete the task

In The 7-Figure Agent, we teach our members to share both a video (using Loom) AND written instructions in a Google document with their team.

People learn in different ways, so having the task SOP’s in both formats will make sure that each team member has what they need to get properly trained.

Give Proper Feedback

This is the part of the delegation process that SO many real estate team leaders neglect.

Even if you put time and effort into your SOPs, your team members are human and they will still make mistakes.

You can’t expect someone to complete a task perfectly the first time they do it.

You have to continuously give someone feedback until they know exactly how you want it done.

Whatever you do – don’t get angry and frustrated and take the task back.

Eventually, with proper training and feedback, your team members will be able to completely own the task.

Another thing to remember?

Delegation is a continuous process. 

If you want to transform from busy, frazzled real estate team leader into a calm, collected CEO, you have to constantly monitor your time.

I close out all of my days by journaling on how I spent my time.

I ask myself…

Were there any tasks I spent time on today that could’ve been outsourced? That could have been automated?

And if the answer is YES, I’ll discuss a plan with my team to get those tasks off my plate as soon as possible.

Your time and energy as CEO is precious.

And when you learn to guard it and only spend it on the things that drive momentum, you’ll see the incredible business growth I know you’re craving.

Want to learn more about building a 7-figure real estate business?

Book a call with our team to see if our real estate mentorship programs are right for you. 

 

Secrets For How To Get More Listings (Without Putting In More Hours)

It’s the question on every agent’s mind…

How can I get more listings? 

You can read about all sorts of methods, but the reality is, most of them have a ceiling.

Sure, cold-calling and manual prospecting might get you to six figures, but will it get you to seven? 

What got you here won’t get you there. 

If you’ve hit the 6-figure mark and you’re ready to scale to the multi-six or seven-figure mark, you have to approach marketing your real estate business in a completely new way. 

Read on to learn more about how millionaire real estate agents approach things differently in order to increase their success with listings.  

Consider Scalability, Always 

A lot of the time, six-figure agents think that if they want to get to seven figures, they just need to work harder. They just need to do more of what they’re doing right now.

But this is very untrue. 

Getting to the next level in your real estate business isn’t about doing more of what you’re currently doing. 

It’s about doing LESS.

It’s about being strategic and only focusing your efforts on things that are truly scalable. 

Any time I’m making any decision in my business, I ask myself two things:

  1. Is it unlimitedly scalable?
  2. Do I enjoy it?

If the answer is no to either of those things, it’s not happening.

I don’t add anything to my plate that isn’t required for growth and doesn’t bring me joy or fulfillment.

At the end of the day, you’re building YOUR business. 

So often, people will build their businesses off of a bunch of stuff that they *think* is necessary, or because someone told them they *should* do it.

But when you dig deeper, you realize that a lot of these shoulds aren’t adding to your bottom line. And they’re wasting your energy. 

Your energy is everything as a CEO, so don’t waste it by building a business that you hate. 

Switch To A 1-1: Many Model 

Let’s say your main strategy for getting more listings has been prospecting and referrals.

Sure, you might post a social media post here or there – but for the most part, your business is built around you hunting for clients and word of mouth.

If this is ringing true for you, let me ask you a question…

If you wanted to DOUBLE your business this year, would you be able to DOUBLE your sales and marketing efforts?If your current strategy is prospecting and spending three hours a day manually calling people – do you have six hours a day to get double the number of leads?

While on top of that, still having enough time, bandwidth, and energy to be able to handle twice as many clients?

99% of the time, the answer will be no.

So what’s the solution? 

You have to switch from building your business on a 1:1 model to a 1:many model.

Back in the day, the only way to do a 1:many model was to host a seminar.

But nowadays, with the internet and social media platforms, it’s easier than ever to implement a 1:many model in your real estate business.

Manual tactics will only get you so far. If you want to truly learn how to get more listings without working more hours, you *need* to start leveraging your time by implementing 1:many marketing strategies. 

Be Ruthless With Your Focus

One of the biggest productivity killers in your real estate business is split focus.

If you want to increase your success with listings, you have to go all in. 

All in on one strategy.

All in on one avatar. 

All in on one offer.

Experts stay in their lane rather than getting caught up in shiny object syndrome.

Become A Master in Human Psychology

Human psychology drives absolutely everything you’re doing in business. 

And if you’ve been successful in real estate up until this point, you probably already have skills in this area. 

You know how to talk to people. You know how to listen deeply to their needs. You’ve essentially played the role of therapist to hundreds of people.

(Because let’s be real, buying or selling your home is one of the most stressful and emotional experiences your client may have in their lifetime).

But for some reason, when it comes to applying that same human psychology to their real estate marketing, a lot of agents put blinders on and forget how much they really know.

Do you want to start leveraging human psychology in your marketing?

Read this post about the nine cognitive biases in marketing agents can leverage to start getting more listings. 

Nail Your Content Marketing Strategy 

Building a real estate business that brings in consistent leads isn’t just about being a good agent.

It’s about being a good marketer.

And one of the best ways you can practice doing that is to nail down your content strategy.

This doesn’t have to be difficult.

In fact, there’s a good chance you’re probably overcomplicating your real estate content marketing strategy.

When people tell me, “I’ve run out of content ideas!” 

The problem is often their perspective.

Because when you begin filtering your life through a content marketing perspective, you realize – everything is content.

Every time you see a client, meet a prospect, or get on a call with someone and they ask you a question…that can become a piece of content. 

The answers to these questions will help you fill your authority content bucket. 

Next, get out a pen and paper and do a brain dump of your entire life.

I mean it!

  • Where you were born?
  • What’s your family like?
  • What’s your favorite childhood memory

Write it all out, in chronological order, in point form.

Just from doing that one exercise alone, you could probably create hundreds of posts to fill your personal content bucket. 

Next, you want to gather up all of your case studies, testimonials, and PR to make up your social proof content bucket. 

If you don’t have PR yet – that’s okay (but it’s definitely something to work towards because it can contribute to explosive growth in your business!).

Maybe you don’t even have a ton of testimonials – you’ve been forgetting to get them from clients. 

But what you do have is deals.

Say, for example, you’ve done 80 transactions in your career. 

Every single deal that you have ever done has a story. 

And those stories can become case studies. 

When you start looking at your content like this, you realize it’s actually incredibly easy to come up with content ideas.

If you want a more in-depth guide to these content types, be sure to check out our detailed post on the three types of real estate content for social media. 

When it really comes down to it, more hustling is not what’s going to get you to seven figures. 

It doesn’t matter how hard you grind.

Believing that you have to work yourself to the bone to find success is an incredibly old-school mentality. 

Learning how to get more listings does not come down to figuring out how to pack more hours into your schedule. 

It comes down to working smarter, not harder.

To creating an audience and building a business based on 1:many.

To leveraging human psychology and content marketing to start having leads reach out  to you – rather than you having to hunt them down. 

Ready to build a scalable real estate business so you can get more listings without putting in more hours?

Be sure to download our free The Listings Lab Guide so you can start filling your calendar with appointments without time-consuming tactics like door-knocking and manual prospecting.

Get The Guide Here 

4 Fears That Are Holding You Back From Picking A Real Estate Niche

Let me guess…you’ve heard time and time again you’re supposed to “niche down” as a real estate agent. But as hard as you try, you just CAN’T bring yourself to pick a real estate niche.

The resistance creeps in.

The reasons why you just can’t fill your mind.

And no matter what your intentions are…you always go back to serving anyone and everyone who will hire you.

Sound familiar? 

You know deep down that choosing a real estate niche is the difference between any other agent and someone building a real estate empire.

When you niche down:

  • Your marketing gets easier.
  • Clients start coming in like wildfire.
  • And you become that go-to agent that everyone and their mother wants to work with.

But even though you know it’s the right thing…you stay stuck in generalist territory.

If you’re anything like most members before they join The Listings Lab, your fear of niching down most likely comes down to one of four things.

The 4 core fears that hold agents back from picking a real estate niche are:

  1. You’re Afraid Of Turning Away Business
  2. You’re Afraid Of Feeling Boxed In
  3. You’re Afraid Of Choosing The Wrong Niche
  4. You’re Afraid Because You Don’t Know How To Choose A Niche

Let’s explore these four fears that could be holding you back from niching down and building the seven-figure real estate business you deserve. 

But real quick, let’s take a minute and understand what I’m talking about when I say niche. 

What Is A Real Estate Niche?

When it comes to real estate and talking about niching, it’s helpful to think of your niche as your who and your what

You need to be able to answer the questions:

Who is your target market?

What is the solution you provide them?

In the age of the internet, the role of the agent has shifted dramatically. As agents, we’re no longer simply the keepers of information. And our clients aren’t just looking for someone to open a door for them.

Those days are long gone.

Which is why it’s SO important that we’re clear on the tangible value we provide – and who we provide it to.

And one more quick note about the niche…

I am NOT talking about geo farming, here. Your ZIP code is not a niche! 

Some better examples of real estate niches could be:

  • First-time buyers
  • Downsizers
  • Upsizers
  • The LGBT community

You get the idea.

Now that you’re clear on exactly what I mean when talking about your real estate niche, let’s get into some of the four core fears that might be holding you back from picking one. 

You’re Afraid Of Turning Away Business 

This is probably the most common reason why so many agents resist choosing a niche. 

And while it may seem like you’re limiting yourself when you focus on a niche, it’s actually the opposite. 

Here’s why. 

When you target a specific group of people all with a specific problem, it makes your real estate marketing strategy 1000x easier. 

Because here’s what you need to remember…

As a real estate agent, you actually have two jobs.

You’re a real estate agent. 

AND you’re a marketer.

You can’t be a great real estate agent if you’re not at least a pretty good marketer.

You can be the best realtor in the world…but at the end of the day, if you don’t have enough clients to serve, then it’s kind of a moot point, right?

When you niche down, you’re able to target a specific group of people and speak directly to them. 

In their own words, creating an emotional connection, and touching their hearts and minds. 

And it doesn’t just affect your marketing.

It helps you create a service perfectly tailored to your ideal client avatar. 

And when you know how to anticipate every need your ideal client has, you become the best of the best.

You become the expert at solving THEIR specific problem – and people start to notice you for it.

When clients start seeking you out for your expertise, you’re able to charge more.

Inbound clients aren’t the type to haggle on commission.

Choosing a real estate agent niche completely shifts the power dynamic and it completely shifts the way you run your business. 

You start doing your best work because you’re working with people you LOVE and you’re creating life-changing solutions for those people. And those life-changing solutions create a whole lot of buzz and referrals for your business. 

There’s so much real estate noise out there, and picking a real estate niche helps you cut through it. 

You Don’t Want To Feel Boxed In

The second common fear I see that holds agents back from choosing a real estate niche is fearing they’ll feel ‘boxed in’.

Here’s what you need to remember about picking a niche…

Choosing to tailor and market your services to one specific ideal client doesn’t necessarily mean you can never work with anyone who falls outside that category.

I’m not asking you to get rid of half your clients!

It just means your marketing is going to be dialed into one particular type of person, which makes attracting clients so much easier. 

If you happen to attract someone who falls outside of your usual ideal client, you can still choose to serve them if you think you’ll be able to get results. 

In the age of the internet, we HAVE to be able to step up our marketing as agents, and picking a niche helps us do that.

Gone are the days when we choose to specialize in a location and get clients using old-school techniques like handing out fliers and cold-calling.

Successful real estate agents instead implement highly-targeted, leveraged marketing strategies to reach their ideal clients at scale.

The other thing to keep in mind?

You’re not stuck with your niche for life.

Your niche is going to evolve, expand, and refine itself over time.

Don’t hold yourself back from picking a real estate niche because you think you need to be married to it for life. 

You’re Afraid Of Choosing The Wrong Niche

As I just mentioned, you’re never stuck with your niche, but even so…maybe the fear you’re going to mess it up has kept you from niching down.

Your niche is going to grow as YOU grow. 

For example, as a new real estate agent, you might say you want to help first-time buyers. 

But are you going to want to work with first-time buyers for a decade?

Probably not.

Your niche may also evolve while the market evolves.

Say you start out serving upsizers. Those clients might not be upsizers forever. They might end up being downsizers. Over the years, you might see the needs of your market shift, and your services will evolve with them to continuously best serve your clients.

But just because your niche may not be yours forever doesn’t mean you shouldn’t put some serious thought into your real estate niche. 

How To Pick A Real Estate Niche

You want to put time and effort into researching and evaluating your niche. 

Here are two things you want to take into consideration.

Your Demographic and Experience Level 

If you’re 25, you’re probably not going to want to serve downsizers. 

Why? 

Because you’re not at the stage in your life where you’re going to be able to resonate with them on a deep level.

You won’t be able to fully understand all of their pains and problems.

Your niche is going to work best when your ideal clients feel like you genuinely ‘get’ them.

For example…

  • Are you a military spouse? Military couples will be drawn to you.
  • A total family man? Families looking to relocate might be a great niche for you.
  • A successful real estate investor? Investing clients will look up to you and feel you have the expertise and authority to guide them.

Take a look at your personality, lifestyle, and experiences to see what kind of ideal client avatar would be a match for you. 

Your Market Needs

The second thing you’re going to want to take into consideration is the demographics in your market.

For example, say there are 10,000 people in your market every year who are upsizing, and there are only 1000 people each year who are downsizing.

Well, you’re going to want to pick the upsizers.

You want to make sure your niche is large enough so you’re able to hit all of your financial goals.

You Don’t Know How To Choose Your Real Estate Niche

Maybe the reason you haven’t been able to pick a niche isn’t so much because you’re afraid, but you simply just don’t know how.

I remember feeling this exact same way.

All the advice I was hearing at the time was telling me the way to pick a real estate niche was to go the geo farming route.

But deep down, I *knew* that wasn’t right.

So I decided to get really clear on:

  1. Who I actually wanted to serve and who was going to resonate with me
  2. And what was actually happening in the market from a demographic standpoint.

Once I got clear on those two things, the niching process actually became a whole lot easier.

Profitable Real Estate Niche Ideas

To get your wheels turning, I want to list some examples of niches that work really well, and that the members in The Listings Lab have had a lot of success with.

  • Upsizers
  • Downsizers
  • First-time buyers
  • Seasoned investors
  • Corporate professionals 
  • The LGBTQ community
  • Divorcees
  • Families
  • Expats/Relocating professionals
  • Empty nesters

The important thing is that you’re using the exact term that your target market uses.

So make sure your ideal client self-identifies with whatever term you choose to address them.

That way, they’ll be able to see themselves in your marketing content and think, “YES! That’s me”. 

By finally committing to a real estate niche, you’ll be able to:

  • Attract more inbound leads, effortlessly 
  • Become the go-to agent for your ideal clients
  • And build a more streamlined, scalable business

Want to learn more about how niching down helps you bring in a steady stream of leads?

Download The Listings Lab Guide and learn how to fill your calendar with appointments – all without using fake or sleazy tactics.

Download The Guide Here