Check out episode 134 called “Street Fight with Tim Harris” on Real Estate Fight Club – A Podcast for Realtors.
https://toe2toepodcast.podbean.com/e/street-fight-with-tim-harris-ep-134/
Real Estate Fight Club Podcast
Hosted by realtors Monica Weakley and Jenn Murland, the weekly podcast called Real Estate Fight Club interviews industry stars to help all real estate professionals become more successful in their respective businesses.
Episode 134 features our own Tim Harris with Monica and Jenn. The link to this specific episode is at the top and bottom of this post.
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Notable Tips from Tim Regarding Success in Real Estate
- Learn the necessary skills specific to real estate.
- Do what you don’t want to do when you don’t want to do it at your highest level…every day.
- Create enough income via real estate transactions so you can invest that income into passive investment sources such as real estate and/or S&P 500 Investment Index Funds. Your passive investment sources will, over time, generate your profit AND cover your personal expenses.
- Consider real estate revenue sharing instruments such as eXp Realty. Tim calls real estate revenue sharing “the eighth wonder of the world.”
- Pay attention to words of wisdom from Charlie Munger, Warren Buffett’s business partner. Munger encourages folks to stop trying to make themselves famous but instead, make the results you get for other people famous.
Harris Encourages Agents to Pay Attention to Realities
Forget hype and frenzy. They are a waste of time. Stick with and leverage the facts.
- Real estate is and has been the most consistent wealth creator. Therefore, our goals ought to center around helping as many people buy homes as possible…now.
- The demographics have never been as strong as they are now for homebuying. Why? The Millennial demographic is the largest demographic of all others…and Millennials are buying their first and/or move-up homes now.
- By the end of 2022, the average home price will be $500,000. Buying that house now creates wealth.
- Rising interest rates are relatively insignificant to homebuying and selling. Worries and fears about rising interest rates are excuses for not helping as many people buy and sell homes as possible.
https://toe2toepodcast.podbean.com/e/street-fight-with-tim-harris-ep-134/
Thanks to Tim Harris, the Real Estate Fight Club Podcast, Monica Weakley and Jenn Murland.
