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Double Your Production with the 135 and 411

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Presentation on theme: "Double Your Production with the 135 and 411"— Presentation transcript:

1 Double Your Production with the 135 and 411
Michael Devlin Keller Williams Productivity Coach

2 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.

3 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?

4 Step One: Goals

5 Goals Business Financial Health Relationships Personal

6 Why Do You Own A Business?
To Till 3 Pots of Money Lifestyle Investment Debt Payoff

7 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

8 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

9 Step Two: Plan

10 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

11 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

12 GPS 1-3-5 Goal: Priority 1: Strategy 1. Strategy 2. Strategy 3.

13 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

14 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.

15 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)

16 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)

17 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

18 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

19 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

20 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

21 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

22 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

23 Step Three: Lead Generation Sources
MREA Book page 138

24

25

26 The Three L’s Leverage: Systems Tools People

27 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

28 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

29 The MREA 20%

30 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

31 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

32 People VA/part time Full time admin – Systems Full time admin – LG
Buyer Agent Listing Specialist 4 per team sales per year

33 Creativity – Implementation before Innovation
Creativity is how you take Market Share

34 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?

35 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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