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Double Your Production with the 135 and 411
Michael Devlin Keller Williams Productivity Coach
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What is a big year? This class is about thinking bigger, sharing your goals, and making a plan to accomplish them. Why plan? Our results are in direct relationship to our activities, our strategies, and how much we prioritize them. Team planning: When you own and operate a team your results are just the summation of everyone’s individual goals.
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Why You Are In Real Estate
To Have A Career Worth Having. A Business Worth Owning. A Life Worth Living. To Realize the Amount of Success You Need To Fund That Perfect Live for YOU! Questions: Have you “Monetized” your Life?
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Step One: Goals
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Goals Business Financial Health Relationships Personal
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Why Do You Own A Business?
To Till 3 Pots of Money Lifestyle Investment Debt Payoff
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The Pots $100,000: Lifestyle 20% - 40% ($20,000 - $40,000 per year): Investment Would need $1,000,000 value for 1% return to = $100,000 Biggest annual debt? IRS: 35%:Debt 50% of Lifestyle Need 2.5 – 3 times your lifestyle $300,000 ÷ $14,000 = 22 homes a year
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Goal Setting Objectives
Identify the key number for your 3 year and 1 year goal. You pick; Units, $ Volume; Profit Identify the 3 L’s – The Millionaire Real Estate Agent’s 20%. Define YOUR following MREA models
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Step Two: Plan
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Exercise – 1-3-5 Goal Setting to drive LG #’s
Total GCI/Net Income 3 Priorities to accomplish the ONE Big Goal 5 Strategies to achieve EACH Priority
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What does a GPS do? GPS 1-‐3-‐5 GPS 1-3-5 Rules: One piece of paper
Whole team uses same format Priorities must follow template Share it and review it often
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GPS 1-3-5 Goal: Priority 1: Strategy 1. Strategy 2. Strategy 3.
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GPS Goal: I will close ______ amount of homes ______ amount of volume and ______ in GCI. Priority 1: Buyers Closed Priority 2: Sellers Closed Priority 3: Who, have, know
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Priorities Priority One: Buyers Priority Two: Sellers
I will close _____ buyer transactions Priority Two: Sellers I will close _____ amount of sellers by taking _____ amount of listings. Priority 3: In order to get different results I will need to know, have and be in business with different people.
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Strategies for Each Priority
Priority 1: Buyers Closed Strategy 1: Sphere (6) Strategy 2: Open Houses (3) Strategy 3: Internet Leads (2) Strategy 4: Signs & Flyers (4) Strategy 5: Buyer Classes (3)
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Strategies for Each Priority
Priority 2: Sellers Closed Strategy 1: Sphere (7) Strategy 2: Open Houses (1) Strategy 3: Internet Leads (2) Strategy 4: Expired (4) Strategy 5: Farming (5)
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GPS 1-‐3-‐5-‐5-‐WHO Goal: Priority 1: Strategy 1: Sphere
Strategy 1: WHO Strategy 2: WHO Strategy 3: WHO Strategy 4: WHO Strategy 5: WHO
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GPS 1-‐3-‐5-‐5-‐WHO Strategy 1: Sphere ( X amount closed )
Strategy 1: Call 1/mo WHO Strategy 2: Mail 1/mo WHO Strategy 3: 2/mo WHO Strategy 4: Visit 3/yr WHO Strategy 5: Social 1/mo WHO
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GPS 1-‐3-‐5-‐5-‐WHO Strategy 1: Sphere ( X amount closed )
Strategy 1: Call 1/mo WHO ME Strategy 2: Mail 1/mo WHO NOT ME Strategy 3: 2/mo WHO NOT ME Strategy 4: Visit 3/yr WHO ME/NOT ME Strategy 5: Social 1/mo WHO ME/NOT ME
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Mets Database Grow from 250 – 750 (2 per day)
Categorize A+, A, B and C Custom 33 Touch for A+ and A Custom 8 x 8 Client Appreciation System
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Open House 3 per month x 12 = 36 8 x 8 5 Contacts per Open House (180)
Open House in a box Level 7 Open House
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Prospecting 3 FSBOs/Expireds per day (720) 8 x 8
8 per day Circle Prospecting (1,920) 30 minutes a day script practice Listing Presentation
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Step Three: Lead Generation Sources
MREA Book page 138
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The Three L’s Leverage: Systems Tools People
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Leads Putting the Lead Generation program all together so you can effectively and efficiently make the money to fill Three Buckets Five Manuals: 36:12:3 Lead Generation MREA Systematizing Lead Generation MREA Business Planning Clinic – The Lead Generation Model Internet Lead Generation
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Lead Generation Choices
Lead Generation – Two Paths Prospecting – Low Money, High Time Marketing – High Money; Low time Ultimately you will need both Goal of all Lead Generation is Contact (conversation) The Goal of all Contact is Appointment
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The MREA 20%
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Systems and Sub-Systems
Seller System (finite) Distressed Seller REO Builder Buyer System (finite) First Time Buyer Investor Lead Generation System (infinite) (30 day cycle) Seminars Open Houses
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Tools Collateral Materials Technology Training 4 Presentations
MREI; FLIP; HOLD; ONE THING; etc. Technology Database; laptop; smartphone; apps; ppt Training Mega Camp; Masterminds Reunion Market Center
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People VA/part time Full time admin – Systems Full time admin – LG
Buyer Agent Listing Specialist 4 per team sales per year
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Creativity – Implementation before Innovation
Creativity is how you take Market Share
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How do you guarantee results?
Real Estate Success Principles? Say the right thing Say it enough times Have enough people What could go wrong? Insurance?
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How are you doing your business?
Like everyone else – the 80% (single digits) Better than everyone else – 20% (1 listings; 1 closing p/m) Not like anyone else – the Market Leaders Make a Decision about who you will be…
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