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Mike Ferry ... "The Gap is Growing"

By
Services for Real Estate Pros with The Mike Ferry Organization

The gap is growing and widening by the day between those Real Estate agents who are producing reasonably high numbers and the vast majority that are doing between nothing and a little less. Why??? Because the majority of these agents simply do not know how to list property. Why??? We didn’t have to know how to list property because Mr. REO (who has retired) furnished all the listings we could ever need and all we had to do then was take out the buyers we had … give them one of many choices … and they bought a home.

 

However, today, with Mr. REO being gone … we have an interesting dilemma. The majority of the agents simply do not know, understand how to, or have the motivation to go out and list property … which is why the gap is widening so quickly. Now, let’s be honest. If your goal is to do 5 to 10 transactions a year, stay in the battle working with your buyers … spend all your time searching to find a home to show your buyers … be one of 10 to 15 offers on every property listed for sale … and then pray that your offer gets accepted. On the other side, if you want to do 25/50/100+ transactions a year, take the next 60 days and learn how to prospect … do lead follow up … prequalify … and learn to make a great listing presentation so you can be part of the group that is watching the gap widen and be on the right side of the group who has all the income. Which side do you want to be on?

 

 

 

Mike Ferry - The Mike Ferry Organization
Mike Ferry
CEO - The Mike Ferry Organization
800-448-0647

Comments(3)

Brian Rayl
Home Value Leads - Highland Park, TX
Active Agent and Co-founder Of Home Value Leads

I made the decision at the beginning of the year to focus on listings and that is where all of my energy has gone. You make a fabulous point. 

Aug 02, 2013 10:19 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Shhh don't tell them then us listing agents will have competition. very valid in today's market

Aug 02, 2013 12:06 PM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I'm glad the market has turned again to sellers.

Aug 03, 2013 04:45 AM