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Realtor Coaching & Training: How To List REO’s

Would You Like To Be Our Co-Author?
July 3, 2009 – 10:35 am | No Comment
Would You Like To Be Our Co-Author? Popularity: 34%

picture 19 216x300 Would You Like To Be Our Co Author? Become A Published Expert Author NOW.

We want you to become our co-author….first, let me share with you a story…

I remember the first time Julie and I were introduced at a large national real estate conference as ‘Published Authors’.

“Introducing Tim and Julie Harris, Authors of the best selling book..’0 to 10 Million In One Year’.

The audience gasped.

In the eyes of those in the audience we were immediately seen on a higher plane. You see, the public sees people who have written and published a book as the ‘Expert’.

Once you have established yourself as the expert you will find very few agents who will be able to compete with you. In peoples minds there is room for only one expert. Now that will be you.

Learn How To Become Our Co-Author NOW. Watch The Video NOW.

Ask yourself this question: How does the public see Realtors now? Do they see agents as offering basically the same service for the same price? What makes you unique?

If you are being 100% honest with yourself, you know that the public thinks all agents are the same. Even and experienced agent has to work to prove that they are different..that they are a better choice…over a new inexperienced agent.

In the old days agents would get certifications. Now it seems that every Realtor has certifications in something. ABR, CRS etc are
all great designations to have but, does that really make you stand apart from the herd of other agents with the same designations?

You already know the answer, no.

But, being a Published Expert Author DOES make you stand apart from the masses of other agents. Not just stand apart…you are seen as being on an entirely different level.

Here’s why:

  • There is something uniquely powerful about being an ‘Published Author’.
  • You will be the expert on the subject of the book.
  • You can sell your book from your website or even on amazon.com
  • The local and national press will seek you out for your ‘expert opinion’.
  • Buyers and Sellers will choose you over the other agents because you are the ‘Expert’ having published a book.

Whats included with your book:

  • Reprint rights. You can sell your books or give them away.
  • All books are sold as unlocked PDFs in digital format.
  • Your name will be on the cover along with ours. Written by YOUR NAME HERE and Tim and Julie Harris.
  • Your picture and bio info will go on the back cover of your book.
  • Ability to print hard copies of your books. Give them away as gifts or as promos to generate new leads.

Also, you get exclusivity for your zip code. In other words, you are the only agent in your zip code (1 zip code per order) who will own
this book. For up to a year after you purchase your book you will own exclusive marketing rights to sell (or give away the book) Yes, you can buy additional zip codes. Yes, you can renew your zip code every year.

Learn How To Become Our Co-Author NOW. Watch The Video NOW.

Total cost to you to become a published expert author?
$47. Thats it.

Once your zip code is taken that zip code will be locked up.
Order your turn key book now.

You may order up to 10 zip codes for $47 each.

Now, lets get started…follow these 5 simple steps;

  1. Enter in the zip codes you want to reserve in the box below. You can only enter one zip code at a time.
  2. Click the ‘Check This Zip’ to confirm your desired zip code is available.
  3. Click ‘Buy These Zips!’
  4. Check out.
  5. Become a Expert Published Author!

Learn How To Become Our Co-Author NOW. Watch The Video NOW.

 
New Feature: Ask Tim and Julie Harris | Realtor Coaching
July 2, 2009 – 2:06 pm | No Comment
New Feature: Ask Tim and Julie Harris | Realtor Coaching Popularity: 54%

Ask Tim and Julie…..20080315 fy59efywk44hhdh5yny5n7gt2g 260x300 New Feature: Ask Tim and Julie Harris | Realtor Coaching

We recently received this question from a Realtor whom had requested a Free Coaching Call….

My problem is the dramatic swings in my income…one month I will do great…and for the next couple months I will be in survival mode. How can I get my business to the point where I can have cash flow…vs cash spurts?”

Connie, Realtor from Arizona.

Tim and Julie’s response:

Hi Connie,

Your question is symbolic of a problem that 99.9% of  all real estate agents face. So, if it makes you feel any better…you are not alone!

The challenge is that agents think too much like sales people and not enough like business people. Let me explain…

Agents will go from intense periods of looking for business…followed by intense periods of servicing the business they found.

For example, you decided to list 2-3 houses. That becomes your mission in life…list those homes! You are a focused, driven house listing machine.

In order to accomplish that goal you become more intense, more focused…..you become what we call…the Real Estate Navy Seal. You are intensely focused on:
1)    Asking for business.
2)    Lead generating, prospecting.
3)    Going on appointments.
4)    Doing lead follow up. (have you ever noticed the amount of time you take to call a lead back is directly related to the size of your checking account and number of pending deals?)
5)    Take action..you are going on appointments, doing the things you must do to accomplish your goal.

As a Real Estate Navy Seal you are intense, focused….nothing gets by you. If someone from a mile away mentions selling a home….your heightened Seal ears pick up on the words and you are asking for the business…

The Real Estate Navy Seal is proactive…taking action now…vs reactive.

You indeed accomplish your goal of listing those 3 homes. You did it…goal accomplished.

Now what happens…

You go from being from being a  Real Estate Navy Seal Mode (RENS) into…..a……

Not so intense, slower moving, not all that motivated…Real Estate Sloth (RES). As a sloth you move slower, talk slower, think slower….you are no longer in ACTION MODE….you are now in reaction mode.

Your focus and energies are no longer on generating the business. That powerful, focused intense agent that you had to be has been replaced by its alter ego…the the Real Estate Sloth.

You are now focused on doing things like:
1)    Making home brochures.
2)    Realtor tours and maybe open houses.
3)    Putting the homes on 6 bazillion web sites.
4)    Servicing your sellers.
5)    Speaking with potential buyers
6)    Working on your websites.
7)    Going to endless office meetings….

Obviously, this list could go on and on. The point is..how much time are you spending being the Real Estate Navy Seal vs the Real Estate Sloth?

Here is a great question for you. How much time did you honestly spend in the last 30 days being in Real Estate Navy Seal Mode vs being just another Real Estate Sloth?

Chances are, if your income is constantly going up and down…or maybe you aren’t earning what you need/ want to earn…its because you have yet to understand that being a RENS is actually LESS work than being a RES…..

Every day at HREU we have literally thousands of Realtors participating in a coaching program. I am not telling you that to brag.  You must know that what you are experiencing is common. Believe it or not…there is a proven path for you to follow to learn how to go from being the Sloth to being a Seal.

The first step in creating consistent income is learning how to work consistently. Here is the secret..Consistent Effort and Actions = Consistent Results.

The Navy Seal is in GO mode at all times. He is ready for action NOW. Even more so…he makes things happen. He IS the action. Most importantly, the Real Estate Navy Seal has learned how to be intense..focused…even when he doesn’t feel like it.

Most agents only get results when they feel like it. Only when they feel motivated…when they feel scared because they are broke etc. Look around your market place…you know who the RENS are. They are the agents who produce month in and month out. These are the agents who are growing their businesses in this market…helping more people…making more money than every before. In case you haven’t discovered our FREE Realtor Superstar Interview site…check it out. Free Weekly Interviews with the nations real estate movers and shakers.

The Real Estate Sloth is intense, focused and taking action maybe 10% of the time. The rest of the time…they are just hanging out doing stuff that ‘fills their day…and empties their wallets.’

Are you being consistently inconsistent? In other words, IF you being honest how much time do you REALLY spend at these activities:

Take this simple test. Answer these questions:

1)    How much time are you devoting to lead generating? Old school over the phone prospecting to 21st Century methods…they are all valid and great ways to generate business. How much time (honestly) did you spend this week…heck, all month…on proactively going AFTER business?

(If you don’t know the answer to this question its a sure sign you are currently in Sloth Mode.)
2)    What is your lead follow Up plan? I can tell you from our personal real estate selling experience that lack of effective lead follow up is costing you at least 10 sales per year. (easily). In THIS housing market you have to call every lead back within no more than 5 minutes. And your new lead follow up rule should be:

“I will follow up with this lead until one of two things happens…they list or buy with someone else or they file a restraining order against me.”

Hopefully you know that I was joking about the restraining order. But, its my intention that you understand the intensity that is absolutely required in this market for lead follow up.

(Real Estate Navy Seals have pre-qual forms, scripts, systems…they are ready for action!)

3)    Are you pre-qualifying 100% of your leads…100% of the time? Do you use anything resembling a script when you pre-qual? Do you ask them questions that are designed to….you know…generate business? How much more time would you have, how much more…dare I say….money would you have IF you were to actually learn how to truly prequalify every buyer and seller lead you speak with?
4)    Presenting. At HREU we coach our students to have an organized listing AND buyer presentation. But, no presentation is worth anything unless YOU are out there..in front of potential buyers and sellers…presenting. Is your listing (and buyer) presentations just a mish-mash of things you have picked up along the way? A little of this..a little of that? Maybe your presentation has ‘worked’ for you 50% of the time. In other words, the buyer and seller prospects you were presenting to didn’t run and hide from you as a result of your ad-hoc presentation. Think about this, what happened to the other 50%? How much more consistent would your income be if you not only had a very professional sales presentation…and you were using it on a regular basis?

5)    Closing. How much time are you spending….asking for the sale? Julie and I occasionally watch the HGTV real estate shows…Realtors showing endless homes to their weary buyers.

It’s interesting to watch as the agents seem to always complain about how many houses they have to show….and at the same time the buyers complain about how many houses they are being dragged to see.

I can tell you from personal experience that when we had our real estate team, we sold many homes to many buyers who came to us having grown discontented with their previous agents.

In the course of pre-qualifying them we would learn that the previous agent had been working with them for months (and months). I can clearly remember many of these wayward buyers telling us that they had seen a home with their previous agent that they had indeed liked…but, didn’t buy it. (and it had subsequently sold). When we would ask why they didn’t buy it they would always tell us the same thing..

”The agent we were working with didn’t ask us to…or we didn’t know that it was out job to tell the agent….we wanted to buy…”

In other words, their previous agent never tried to close the sale. Generally speaking if a buyer is in your car, and they have been fully prequalified..ready to buy….they are indeed ready…to buy! So, close them. THAT’S YOUR JOB.

Bottom line, consistent organized actions will create consistent income. If you are ready to make the leap to become a Real Estate Navy Seal start by requesting a FREE Coaching Call.

 
Can The $8000 First Timer Credit Be Used For Downpayment?
July 1, 2009 – 7:58 pm | No Comment
Can The $8000 First Timer Credit Be Used For Downpayment? Popularity: 85%

First Time Home Buyer Credit

First Time Home Buyer Credit

First-Time Home Buyer Tax Credit Anticipation Loans Stuck In The Gate

One of our readers asks:

I’m curious to know whether any banks or lenders are offering loans against the $8,000 tax credit.  Nobody knows the source of these funds.  Like Hope For Homeowners, the FHA hasn’t ironed out all of the details; will this be an ignored solution?

The short answer is “Yes.  This will be an ignored opportunity, like Hope For Homeowners“.

The long answer is that the new HUD Secretary, Shaun Donovan, stuck his foot in his mouth by not checking with lenders before HUD issued the directive.  Cut the guy some slack, though.  His prior job, as NYC Housing Czar, dealt less with lenders than it did with developers and Federal agencies.  He probably thought he could “will” loan guidelines by fiat instead of collaborating with participating lenders.  He’s a bright guy so I doubt we’ll see the same mistake again.

The current law provides for the first-time home buyer tax credit to be offered to buyers who complete their purchase prior to November 30, 2009.  This means that properties should be in escrow by Labor Day to be certain the deal closes in a timely manner.  Frankly, HUD-approved lenders don’t see value or profit in this short window of opportunity.

There is talk about increasing the first-time home buyer tax credit to $15,000 and enacting it for a one year period.  Should that happen, and HUD issues an updated mortgage letter allowing that credit to be “monetized” through a loan, there might just be a large enough market for the lenders to find a solution.

If you’re frustrated that the HUD-approved lenders won’t play ball, understand that legislating loose loan guidelines is how we got into this whole mortgage mess.  Anytime the Government mandates lenders to make risky loans, it’s a recipe for disaster.

Brian Brady is referred to as “America’s #1 Mortgage Broker” on Google.  Mr Brady is a San Diego-based mortgage banker and broker, funding loans nationwide.  He has a specialty in VA home loans and has helped over 900 families buy or refinance homes over 15 years.  He can be reached at (858)-777-9751

 
Free Real Estate REO Training Event | #1 Real Estate REO Coach
June 23, 2009 – 10:42 am | No Comment
Free Real Estate REO Training Event | #1 Real Estate REO Coach Popularity: 11%
Free Teleconference (or Webinar)

Free Teleconference (or Webinar)

Update to this post…if you missed todays Agent REO Secrets teleconference…no worries.. LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557
Hello,

Tim Harris here…

You want to read this if you are serious about
becoming a REO Listing Agent….and I know you are..

Afterall, everyone knows that REO listings are the listings
to have in this market..
As you may recall 4 weeks ago we held the *F-R-E-E* Agent REO
Secrets teleconference….

As we expected, that call was completely full.

This is the intense live 90 minute  teleconference (or webinar)
where you get direct access to all the secrets you must have to get
started in the make-money-now business of bank owned homes, REOs.

On the last call we announced that we were closing the doors for
the Agent REO Secrets class……for at least 30 days…

….and that is exactly what we have done.

Here is what happened…we received many requests from agents
who missed that REO Secrets Teleconference….

They were all asking (make that demanding) that we provided another call.

So, thats what we are going to do….. THURSDAY JUNE 25th!

We are setting aside 500 spots for this weeks Agent REO Secrets
teleconference (or webinar). I suspect that (like the call before)
all of these spots will be taken….

In other words, we have limited space and its first come…first
served. (Call in or log-in at least 10 mins early)

Here is the information for the call..

THURSDAY June 25th, 2009 you are invited to attend Agent REO
Secrets Teleseminar.

Go here now for all the call in info:

LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557

This is going to be another fantastic call. You will get direct
take-action-now access to real agents who are making real money
listing and selling REOs….

We are interviewing 2 fellow Realtors who have become REO listing
machines…

1)  An agent from LA who is listing REOs like a mad man…
he is now taking 4-6 new listings directly from REOs per week.
He is making more money and its taking 50% less time and effort.

2) You won’t believe our next agent expert’s REO experience…he is
listing dozens of homes directly from ONE REO source this month.
That is not a typo…20+ listings. You will learn exactly how he is
doing it…we are holding nothing back!

Your spot on this THURSDAY June 25th Agent REO Secrets
teleconference has been reserved. Remember, this teleconference is
no cost to you.

Go to this link now for important call-in information:

LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557

Remember, we only have 500 spots available for this teleconference.
Once those ’seats’ are taken..they are gone.To guarantee your seat… here is what you need to do…

You will want to call in (or log in using the webinar) at least 10
minutes early to be guaranteed your spot.

When you attend the event this THURSDAY here are a few of the
things you will learn:

1)  How to contact the lenders…YES…we are giving out names and
numbers of the largest REO companies.
2) We will tell you exactly how to ‘present’ to the REO companies
so they will want to list their homes with you.
3) You will learn the 3 biggest mistakes you must avoid at all costs.
4) How to make money now from BPOs.
5) Here is a new topic…IF you have REO listings we will tell you
the top 3 reasons you will lose those listings…YES, the banks are
pulling listings…you must know these 3 crucial mistakes to avoid.

On this 90 minute call you will learn our proven step-by-step
process to becoming a REO listing agent.

We aren’t holding anything back on this call. Get ready to take
pages of great notes.

Here is the best part about these 2 agents…neither had any REO
listings 6-7 months ago. They applied what they learned from Agent
REO Secrets and are now having their best years ever.

LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557

One more thing….I know this sounds crazy. Please don’t share the
info about this call with other agents. We expect the call to be
completely full.

Speak with you soon!

Tim and Julie Harris

P.S. This is not a ‘fluff call’. We respect your time and will be
giving you the information you must have to cash in on the REO
listings explosion that is taking place now.

P.P.S. This call is taking place at 12:00 pm PST, 1:00 pm MTN,
2:00pm CTR, 3 pm EST.

LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557

LISTEN TO REPLAY NOW! http://instantTeleseminar.com/?eventid=7996557