The Millionaire Real Estate Agent by Gary Keller

Page 103

So, if you would choose sellers over buyers in the hypothetical situation we described above, why aren’t you placing seller clients at the core of your business? There are so many great reasons to devote all of your time and effort to taking and marketing listings. The Millionaire Real Estate Agent grasps the incredible advantages of making, obtaining, and marketing seller listings their primary lead-generation focus, and they do so almost exclusively. Over time, they will hire one or more buyer specialists to work the buyer side of the business and concentrate their energy on the high-return, high-leverage business of listings. (And once that is fine-tuned, they may then hire a listing agent to work the seller side as well.) Listings are the second L in the Three L’s of the Millionaire Real Estate Agent. All the Millionaire Real Estate Agents we worked with and interviewed devoted their time to listings first. The buyers they worked with were usually the result of their seller focus or their focus on referral and repeat business. Make listings your primary focus. Listings will help you gain more control over your time and money, and the rewards you reap from your efforts will be the highest they could possibly be.

LEVERAGE: THE WHO, HOW, AND WHAT OF REAL ESTATE The interesting thing about the third L, Leverage, is that if you focus on the first two L’s and do a great

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job, you will eventually have no choice but to either make less money or jump into becoming leveraged. An effective focus on leads and seller listings eventually brings you to a point where you have more business than you can possibly handle alone and will

LEADS

create the opportunity to start focus-

Figure 12

ing on leverage. And that is how it

Think a Million

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3. Train and Consult

11min
pages 164-171

Model Four: Your Organizational Model

1min
page 158

The Three Key Areas of Your Budget Model

7min
pages 153-157

Model Three: Your Budget Model

1min
page 152

Model Two: Your Lead Generation Model

4min
pages 133-135

The Three Key Areas of Your Economic Model

4min
pages 130-132

Earn a Million—Stage 2

10min
pages 119-127

Model One: Your Economic Model

1min
page 129

The Four Fundamental Models of Real Estate Sales Success

1min
page 128

The Eight Goal Categories of the Millionaire Real Estate Agent

15min
pages 107-118

Listings—The High-Leverage, Maximum-Earning Opportunity

3min
pages 101-102

Leverage—The Who, How, and What of Real Estate

6min
pages 103-106

Leads—Lead Generation vs Lead Receiving

3min
pages 99-100

3.Think Possibilities

26min
pages 81-96

The Three L’s of the Millionaire Real Estate Agent

2min
pages 97-98

The Nine Ways a Millionaire Real Estate Agent Thinks

15min
pages 71-80

Think a Million—Stage 1

6min
pages 67-70

Myth Six: “Having a goal, and not fully realizing it is a negative thing

5min
pages 61-66

Myth Five: “My clients will only work with me— only I can deliver quality service

3min
pages 59-60

Myth Three: “It would take too much time and effort— I would lose my freedom

2min
pages 55-56

Myth Four: “It’s too risky. I’ll lose money

3min
pages 57-58

Introduction

6min
pages 25-30

SixMythUnderstandings Between You and High Achievement

2min
pages 47-48

Preface

6min
pages 21-24

Part One: Charting the Course

20min
pages 31-46

Myth Two: “It can’t be done in my market

3min
pages 53-54
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