Rev Real Estate School | Top Real Estate Agent Training Michael Montgomery

In this episode of Rev Real Estate School, host Michael Montgomery dives into the challenging conversation of price reductions. Learn effective strategies to communicate with empathy, position yourself on the same team as your clients, and use the most important data points to guide sellers in making informed decisions. Key insights include understanding the significance of days on market, positioning price as a marketing tool, and framing discussions around risk tolerance. Perfect for real estate agents looking to improve their client interactions and sell homes faster.
What we discuss: Price reductions, seller communication, scripting for price reductions
Timestamps
00:00 Introduction
00:20 Empathy in Price Reduction Conversations
01:23 Timing and Indicators for Price Reductions
03:16 Importance of Time on Market
04:36 Positioning and Marketing Lever
06:13 Handling Seller Objections
09:16 Framing with Risk Tolerance
11:04 Final Thoughts and Support
Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media:
YouTube: https://www.youtube.com/c/RevRealEstateSchool
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.

Join Michael Montgomery of Rev Real Estate School and special guest Dustin Brohm from The Massive Agent Podcast as they dive into top strategies for real estate agents in 2024. Discover common mistakes, effective marketing tactics, and how to build a sustainable business. Learn how to connect with clients authentically, overcome content creation challenges, and navigate industry changes like the NAR settlement. Perfect for new and experienced agents looking to level up their game.
Items discussed:  Real Estate Marketing, Real Estate Agent Tips, Real Estate Business Growth, Social Media for Realtors, NAR Settlement, Content Creation for Agents, Client Connection Strategies
Reach out to Dustin: https://www.instagram.com/massiveagent/
Dustin's podcast: https://www.youtube.com/playlist?list=PLFHsvc83HCS-C5E82prPBOIx_9OBrInsx
Chapters
00:00 Hello and Introduction
00:06 Introducing Dustin Brohm and His Real Estate Journey
00:33 Joining Real Broker and Talking to Agents All Day
00:53 Common Mistakes Agents Make in 2024
01:53 Knowing Your Audience and Examples of Ineffective Marketing
03:24 Becoming an Advisor, Not a Salesperson
05:19 Discussing NAR Lawsuit Impacts and Content Strategies
08:18 Overcoming Perfectionism and Getting Comfortable on Camera
11:17 Tips for Practicing, Quality vs. Quantity in Content
14:08 The Power of Consistency in Content Creation
17:00 Beyond Social Media: Highlighting Traditional Methods
21:17 Consistency in Open Houses and Finding Strategies That Fit
27:24 Connecting Personally with Clients
30:16 Navigating Fear of Industry Changes and Selling Yourself
36:32 Outlining Your Value Proposition and Actionable Steps
41:38 Contact Information, Podcast Details, and Closing Remarks
Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media:
YouTube: https://www.youtube.com/c/RevRealEstateSchool 
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.

Join us on the Rev Real Estate School Podcast as we dive into the 10 essential rules every real estate agent needs to know to succeed. From navigating marketing challenges to making key decisions, these guiding principles will help you elevate your real estate career. Perfect for both new and experienced agents looking to enhance their strategies and achieve greater success. Don't miss out on these expert insights!
Timestamps:
1:34: 3 Reasons agents fail
6:46 Need to get to people before they need an agent. Not when they are looking to buy and sell
10:35 Inputs over outcomes
12:42 Price risk in terms of inaction. Not just action
14:29 More conversations equals more deals
15:44 We’re in the business of hospitality, not service
18:24 Cash in communities
21:21 Grow a mullet
24:34 Take a punch and wish people well
27:22 You’re not going to like everything about your job
28:42 Take a nap

Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media:
YouTube: https://www.youtube.com/c/RevRealEstateSchool 
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.

Join Michael Montgomery and Scott Sillari, CEO of RealSync, as they dive into the transformative power of automation in real estate. In this episode, they discuss the essentials of setting up a CRM, integrating automation tools, and leveraging AI for business intelligence. Perfect for real estate agents looking to streamline their workflows and scale their business efficiently.
00:00 Introduction
00:20 Importance of Automation and Business Intelligence
01:30 Stages of Real Estate Agent Development
02:10 Starting with a CRM
03:00 Syncing Contacts with CRM
04:28 Segmenting Contacts in CRM
06:22 Categorizing Lists
08:06 Choosing the Right CRM
10:01 Integrating Voice Call Solutions
12:46 Avoiding Data Silos
14:45 Using Texting Solutions for Automation
17:45 Future of AI in Real Estate
20:14 Leveraging AI for Sales Efficiency
22:06 What to Automate vs. Not Automate
25:23 Video Integration in Nurturing
43:31 How to Learn More About RealSync
Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media:
YouTube: https://www.youtube.com/c/RevRealEstateSchool 
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.

Join host Michael Montgomery on Rev Real Estate School as he dives deep with Joshua Smith, a renowned real estate expert known for his GSD mode podcast. Discover Joshua's journey from selling 48 homes in his first year to building a highly successful real estate team. This episode unpacks crucial strategies for scaling your business, navigating industry challenges like the NAR lawsuit, and preparing for economic shifts. Perfect for real estate professionals eager to enhance their craft and understand market dynamics.
🔑 Topics Discussed: Real Estate Growth, Joshua Smith, Real Estate Coaching, Industry Insights, NAR Lawsuit, Economic Impact on Real Estate
Reach out to Joshua Smith: https://www.gsdmode.com/
Timestamps:
00:00 - Introduction and Guest Background
01:06 - Building a Real Estate Team
01:49 - Joshua's Passion for Real Estate and Team Dynamics
02:59 - Discussing the NAR Lawsuit and Its Implications
04:27 - Anticipating Industry Changes and Strategic Adjustments
05:50 - Joshua's Approach to Facing Industry Vagueness
06:03 - Practical Tips on Adapting to Real Estate Market Changes
07:01 - Insights on Buyer Representation and Market Dynamics
08:04 - Adapting Commission Structures Amid Regulatory Changes
09:08 - Importance of Buyer Consultations in Current Market
10:16 - Discussing Market Decoupling and Its Effects
11:22 - Leveraging Experience for Superior Client Service
12:09 - Addressing Changes in the Real Estate Landscape
13:03 - Strategies for Business Growth Amid Economic Fluctuations
14:22 - Analyzing Long-term Economic Trends and Their Effects
16:07 - Future of Real Estate in an Evolving Economic Climate
17:26 - Adjusting to Market Changes and Enhancing Client Relations
18:09 - Impact of Economic Factors on Real Estate Dynamics
19:00 - Preparing for Potential Market Downturns
20:07 - Strategic Positioning for Real Estate Agents in Uncertain Times
21:11 - Adapting Business Strategies to Market Changes
22:00 - Building Significant Client Relationships Through Effective Communication
23:03 - Comprehensive Strategies for Real Estate Success
24:14 - Adjusting Focus in Changing Market Conditions
25:42 - Mastery in Real Estate: A Long-term Commitment
27:20 - Insights on Effective Client Acquisition and Relationship Building
28:46 - Setting Up for Success in the Real Estate Industry
30:10 - Mastering Skills for Optimal Client Engagement
31:19 - Emphasizing the Importance of Skill Development in Real Estate
32:42 - Strategies for Effective Client Interaction and Sales Techniques
34:06 - Advancing Sales Skills Through Understanding Human Behavior
35:44 - Implementing Effective Sales Strategies Without Pressure
37:56 - Building Trust and Rapport With Potential Clients
39:31 - Effective Follow-up Techniques to Enhance Client Relationships
41:03 - The Importance of Treating Clients as Individuals
42:10 - Maximizing Follow-up Impact in Real Estate Client Management
43:24 - Developing a Personal Connection With Every Client
44:19 - The Significance of Personal Attention in Building Client Trust
45:14 - Utilizing Personal Interactions to Strengthen Business Relationships
46:10 - Tips for Effective Communication and Client Follow-up
47:47 - Building Lasting Relationships Through Genuine Interaction
49:16 - Overcoming Rejection and Building Confidence in Sales
50:09 - Concluding Remarks and Key Takeaways
Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media: 
YouTube: https://www.youtube.com/c/RevRealEstateSchool
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growin

Dive into the world of real estate marketing with Michael Montgomery and special guest Luke Acree, a database marketing expert and the force behind Reminder Media. In this episode, they explore the power of relationship-building and strategic marketing to propel your real estate business to new heights. Discover actionable insights and tips on leveraging your database, generating referrals, and creating a winning marketing mix that keeps you top-of-mind with your clients.
Reach out to Luke
https://www.instagram.com/lukeacree/
https://remindermedia.com/podcast/
Timestamps:
00:00 - Introduction to Database Marketing in Real Estate
01:16 - Building Your List: The Foundation of Database Marketing
02:17 - Tips for Engaging Your Database on Social Media
04:08 - The Art of Crafting Personalized Outreach
05:47 - Segmenting Your List for Targeted Marketing
07:03 - The Importance of Consistent Engagement
08:39 - Turning Followers into Leads: Social Media Strategies
10:12 - Navigating Referrals and Building Strong Relationships
11:22 - Overcoming the Fear of Rejection in Real Estate
13:28 - The Power of Asking for Referrals and Connections
15:19 - Events and Touchpoints: Keeping Your Database Engaged
17:17 - The Role of Quality Content in Social Media Marketing
19:46 - Allocating Your Marketing Budget Wisely
21:29 - Common Mistakes Real Estate Agents Make
23:45 - Embracing Vulnerability in Client Relationships
25:41 - Maximizing Touchpoints for Effective Marketing
27:17 - The Impact of Client Events on Lead Generation
29:35 - Leveraging Family Photo Events for Client Engagement
31:09 - Crafting an Effective Social Media Posting Strategy
33:02 - Utilizing DMs and Comments for Personalized Engagement
35:16 - The Importance of Public Accountability in Goal Setting
37:05 - Turning Social Media Followers into Real Estate Leads
39:24 - Balancing Your Marketing Efforts Across Different Channels
41:40 - The Myth of Not Needing to Ask for Referrals
43:48 - Making Genuine Connections Through Social Media
45:52 - Conclusion and Final Thoughts on Real Estate Marketing Success
Agent 15-Day Free Challenge: https://courses.revrealestateschool.com/
Social Media:
YouTube: https://www.youtube.com/c/RevRealEstateSchool 
TikTok: https://www.tiktok.com/@revrealestateschool
Instagram: https://www.instagram.com/revrealestateschool/
Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.