Trulia founder Pete Flint and Realty Trac Senior Vice President Rick Sharga estimated that we my see 4,000,000 foreclosures in 2010. This would be the highest rate of foreclosures since the real estate crash. “When the tax credit runs out, inventory will go up and interest rates will go up. Prices will go down again. We have a long [...]
Continue reading...2. January 2010
In the midst of writing my new report titled “How Real Estate Agents Can Eliminate Negative Cash Flow in Their Businesses”, which will be released on Wednesday (January 6), I received a Men’s Journal magazine in the mail. The feature article titled “What I learned from My Father, the Grifter – A lifetime of lessons [...]
Continue reading...28. December 2009
I’m still working on my new report titled “How Real Estate Agents Can Eliminate Negative Cash Flow in their Businesses” and just included a lesson about cash flow I learned from the movie “Heat.” Can you find the business lesson in the “Heat” movie trailer? Robert De Niro, who plays the leader of a bank robbing gang, says: “If [...]
Continue reading...15. December 2009
I've coached hundreds of agents over the years and I can honestly say the biggest mistake I see most agents make is… Lack of FOCUS We seem to get easily distracted by other agents, the news, interest rates, our brokers and hundreds of other outside influences. Allowing yourself to get distracted from your goals is a recipe [...]
Continue reading...10. December 2009
I was recently interviewed by Dean Jackson about how I built my business. The interview was transcribed and I've included part one for you in this blog post. We’ve got a very special Marking Monday for you this week. Recently I interviewed my friend Rob Minton. Some of you might be familiar with Rob, he was able [...]
Continue reading...2. November 2009
In a previous article on my blog titled "Use Sales Assets to Build Your Dream Business" I wrote about creating "Sales Assets" for your business. Since this article, I've received a lot of questions about "Sales Assets" and why they're so important. I decided to create a video highlighting how I learned the value of [...]
Continue reading...29. October 2009
I just completed a new 15-page report that you can download right now. I call this new report the "Farmer" Report because it includes a simple lesson from two farmers that helped my business dramatically. I honestly didn't "see" this lesson. My mentor, Dan Kennedy, opened my eyes with a short story. I've included Dan's [...]
Continue reading...14. October 2009
Most real estate agents do not focus on creating assets within their businesses. They simply focus their time and attention on trying to sell homes to generate income. This is fine, but it's not the best long-term strategy for your business because it forces you to continually sell, month after month. You have zero leverage. A [...]
Continue reading...17. September 2009
(Information for this article was obtained from multiple sources. All items in quotes have been excerpted from the book “How to Be a Billionaire” by Martin S. Fridson)Wayne Huizenga, who is the former owner of the Miami Dolphins, achieved billionaire status in just 22 years. He started out in 1962, borrowing $5,000 from his father-in-law. [...]
Continue reading...23. July 2009
Part One to this article on Rockefeller can be found here. As more competitors came into the marketplace, Rockefeller began to exploit his transportation advantage. He used his location and the ability to ship oil by water or railway to negotiate very favorable shipping rates. His competitors, not possessing the ability to ship by water, were forced to ship through [...]
Continue reading...
15. February 2010
3 Comments