307 - Interview: Joshua Smith on Adapting in Real Estate Rev Real Estate School | Top Real Estate Agent Training

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
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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