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Content provided by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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Ep 10. Navigating Market Changes: Insights for New Realtors The Future of Commissions in Real Estate

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Manage episode 485266428 series 3668168
Content provided by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

In this episode, host Chris Cusimano, along with co-hosts Jen Konikoff and Alex Mendel, sit down with Allyson Sullivan, a seasoned realtor with over 20 years of experience. πŸ† Allyson shares her inspiring journey in the real estate world, offering invaluable insights into niche marketing strategies, the power of building a strong team, and how to leverage resources for success. πŸ’ͺ✨
The conversation dives deep into the challenges faced by realtors, the evolution of marketing approaches, and the importance of adapting to new technologies to stay ahead in the industry. πŸ“ˆπŸ’» There’s a strong emphasis on the value of collaboration and playing to your strengths to maximize business potential. πŸ€πŸš€
Allyson and the hosts also discuss the importance of keeping communication friendly and open, especially during challenging market conditions. πŸŒ§οΈπŸ“ž Sharing personal stories, they highlight the critical role of providing value to clients, even when times get tough. πŸ’¬β€οΈ
The episode provides a look at the current market dynamics, comparing the pre-pandemic era to today, and offers practical advice for new realtors navigating these changes. 🏘️🧭
πŸ“° The conversation then shifts to a hot topic: the recent NAR lawsuit and what it means for agents and buyers. βš–οΈ The hosts explore pricing strategies, the evolving nature of buyer representation, and why transparency in commission structures is more important than ever. πŸ’²πŸ”
Tune in for this engaging discussion on the real estate industry's complexities, and learn how to stay ahead by adapting to market shifts while always putting clients' best interests first. 🎧
πŸ“ˆ Niche marketing can lead to greater success in real estate.
🏒 Building a team allows for better service and efficiency.
πŸš€ Leverage is crucial for scaling a real estate business.
🀲 Many agents struggle with letting go of control.
🏑 The real estate market is challenging, but offers opportunities.
πŸ”„ Adapting marketing strategies is essential for success.
πŸ’» Technology has drastically changed the real estate landscape.
βœ‰οΈ Direct mail and social media are effective marketing tools.
🀝 Collaboration can lead to better outcomes in real estate.
πŸ—£οΈ Friendly communication can set realtors apart in a competitive market.
πŸ†• New realtors should always disclose their full name and brokerage when communicating.
πŸ“‰ Market shifts require realtors to adapt their strategies and communication styles.
πŸ”„ Providing consistent feedback to clients is crucial for retention.
πŸ’Έ Discount brokers often struggle to provide the same level of service as experienced agents.
πŸ“Š Understanding market dynamics is essential for effective pricing strategies.
πŸšͺ Realtors should be prepared to walk away from unrealistic clients.
✨ Building a strong exit strategy can lead to future opportunities with clients.
🏘️ The current market is more stable than it appears, with less inventory and faster sales than in 2019.
🏷️ Navigating real estate listings requires clear communication about pricing.
❌ Agents should be prepared to walk away from unrealistic listings.
βš–οΈ The NAR lawsuit has significant implications for commission structures.
πŸ” Transparency in real estate transactions is crucial for buyer trust.
🏘️ Buyers should always hire a realtor to represent their interests.
πŸ“ˆ The market is evolving, and agents must adapt to new norms.
πŸ’¬ Negotiating commissions has always been possible, but not always practiced.
πŸ”„ The future of real estate may see a decoupling of commissions.
πŸ“– Understanding the legal landscape is essential for real estate professionals.
🏫 Consumer education is key in navigating the

head to www.coachingbycusi.com to join our fun Real Estate Agent community today!

  continue reading

82 episodes

Artwork
iconShare
 
Manage episode 485266428 series 3668168
Content provided by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jennifer Konikoff, Chris Cusimano & Alex Mendel, Jennifer Konikoff, Chris Cusimano, and Alex Mendel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

In this episode, host Chris Cusimano, along with co-hosts Jen Konikoff and Alex Mendel, sit down with Allyson Sullivan, a seasoned realtor with over 20 years of experience. πŸ† Allyson shares her inspiring journey in the real estate world, offering invaluable insights into niche marketing strategies, the power of building a strong team, and how to leverage resources for success. πŸ’ͺ✨
The conversation dives deep into the challenges faced by realtors, the evolution of marketing approaches, and the importance of adapting to new technologies to stay ahead in the industry. πŸ“ˆπŸ’» There’s a strong emphasis on the value of collaboration and playing to your strengths to maximize business potential. πŸ€πŸš€
Allyson and the hosts also discuss the importance of keeping communication friendly and open, especially during challenging market conditions. πŸŒ§οΈπŸ“ž Sharing personal stories, they highlight the critical role of providing value to clients, even when times get tough. πŸ’¬β€οΈ
The episode provides a look at the current market dynamics, comparing the pre-pandemic era to today, and offers practical advice for new realtors navigating these changes. 🏘️🧭
πŸ“° The conversation then shifts to a hot topic: the recent NAR lawsuit and what it means for agents and buyers. βš–οΈ The hosts explore pricing strategies, the evolving nature of buyer representation, and why transparency in commission structures is more important than ever. πŸ’²πŸ”
Tune in for this engaging discussion on the real estate industry's complexities, and learn how to stay ahead by adapting to market shifts while always putting clients' best interests first. 🎧
πŸ“ˆ Niche marketing can lead to greater success in real estate.
🏒 Building a team allows for better service and efficiency.
πŸš€ Leverage is crucial for scaling a real estate business.
🀲 Many agents struggle with letting go of control.
🏑 The real estate market is challenging, but offers opportunities.
πŸ”„ Adapting marketing strategies is essential for success.
πŸ’» Technology has drastically changed the real estate landscape.
βœ‰οΈ Direct mail and social media are effective marketing tools.
🀝 Collaboration can lead to better outcomes in real estate.
πŸ—£οΈ Friendly communication can set realtors apart in a competitive market.
πŸ†• New realtors should always disclose their full name and brokerage when communicating.
πŸ“‰ Market shifts require realtors to adapt their strategies and communication styles.
πŸ”„ Providing consistent feedback to clients is crucial for retention.
πŸ’Έ Discount brokers often struggle to provide the same level of service as experienced agents.
πŸ“Š Understanding market dynamics is essential for effective pricing strategies.
πŸšͺ Realtors should be prepared to walk away from unrealistic clients.
✨ Building a strong exit strategy can lead to future opportunities with clients.
🏘️ The current market is more stable than it appears, with less inventory and faster sales than in 2019.
🏷️ Navigating real estate listings requires clear communication about pricing.
❌ Agents should be prepared to walk away from unrealistic listings.
βš–οΈ The NAR lawsuit has significant implications for commission structures.
πŸ” Transparency in real estate transactions is crucial for buyer trust.
🏘️ Buyers should always hire a realtor to represent their interests.
πŸ“ˆ The market is evolving, and agents must adapt to new norms.
πŸ’¬ Negotiating commissions has always been possible, but not always practiced.
πŸ”„ The future of real estate may see a decoupling of commissions.
πŸ“– Understanding the legal landscape is essential for real estate professionals.
🏫 Consumer education is key in navigating the

head to www.coachingbycusi.com to join our fun Real Estate Agent community today!

  continue reading

82 episodes

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