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How To Plough Deep While Sluggards Sleep*

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Piss-Poor-Preparation Leads To Piss-Poor-Performance. Flecked spit, sharp words and universal-truth exploded from Drill Sergeant Myrick’s military mouth, “Private Brand…

Piss-Poor-Preparation Leads To Piss-Poor-Performance!”

Drill Sergeant Myrick’s teachings were as true then as they are now….especially true in 2010.  Here’s why.  Using The S.W.A.G. Method, I predict…

Real Estate Buying and Selling Will ROCKet In The 1st Half Of 2010.

Not for everyone.  The prepared will plough deep and win big.  The unprepared will lose.

Here’s 3 Reasons Business Will Heave Forward In 2010

  1. Mortgage rates will stay low through the first half of 2010, then ratchet up.  This will spur buying frenzy  –  Read The Article
  2. $8,000 First Time Homebuyer Tax Credit Extended + $6,500 For Qualified Homeowners – Read The Details
  3. Some believe that home prices have bottomed – Read The Article

There are other reasons business will be brisk.  But, I’m not Gomer Pyle, of course, opportunities may vary depending upon unseen events and regional market conditions.  But, whether you’re PollyannaEeyore or in between, it’s important we proceed…

Back to Piss-Poor-Preparation

Do you know someone who has lived this short story.  It goes like this…

Mary loves adventure.  Mary’s a real estate agent.  Mary spends more time dreaming, researching and preparing for her 4th of July getaway, than she does preparing and planning for the real estate business success that makes it possible for her to fund her next vacation and many more.

The average person finds it easy to focus on fun stuff, it’s human nature.  Let me ask you, “Are you average?”  If you are, stop here, go take a nap.  Bye.

If you’re unaverage, if you can focus on the less sexy, but urgently important, stick around, read on.

Listen, the first half of 2010 is going be a Recovery Rocket Ship.  The poised and prepared (you and me), are gonna giggle, “WHEEeeee!”.  The sluggards are gonna go “ZZZZZZZZZzzzzzzz”.

Here’s my sharp-pointed question and the purpose of my post…

Are You PREPARED To Say What You Need To Say, When You Need To Say It?

Because you’re cool, beautiful and attractive, during the Holiday Season, your invitations to mix, mingle and chit-chat will be rich with opportunity. People are naturally curious about real estate.  People like to talk about the real estate market.  People are going to ask you questions.

Are you PREPARED to answer their questions in a confident, persuasive and attractive way?

Your 2010 Recovery Rocket is fueled by these conversations.  Specifically, the more prepared and perfect your conversation, the higher your Rocket will fly.  Bottom line, to fly high, you must know what you’re going to say BEFORE you say it. You must be prepared.  I understand “script-aversion”.  Nobody likes their ears stuffed with canned-cornpone. I get it.

B.U.T.

Behold the Underlying Truth, we both know that the highest paid speakers, communicators and presenters, know exactly what they’re going to say before they say it.

Do you?

What I mean is…

How PREPARED Are You To Perfectly Answer These 9 Common Questions?

By “Perfectly Answer”, I mean,  is your answer conversational, confident, persuasive, educational, relaxed and attractive?

We know the difference between Professionally-Polished

Professional Polished Perfect Landing

Click To Play And Entertain Yourself

…and Awkwardly-Amateurish…

William Hung Awesome Amateur

Click To Play - He has no professional training.

..when we see it, and so will they.

To avoid Piss-Poor-Performance, here’s…

9 Questions I’d Prepare For:

  1. How’s the market?
  2. Is now the time to buy?
  3. Have home prices bottomed?
  4. Will mortgage rates rise?
  5. What are mortgage rates at?
  6. How’s that Tax Credit deal work?
  7. What commission do you charge?
  8. Should I sell now?
  9. How hard is it to qualify?

Here’s An 8 Point Preparation Plan:

  1. Think about these questions.
  2. Think hard.
  3. Craft an answer or two or three that you can be proud of.
  4. Write it out, Stephen King said THIS in his book titled, On Writing.
  5. Record  your answers.  Listen, watch, re-craft and re-record to perfection [confident, persuasive, educational, conversational, relaxed and attractive].
  6. Go meet people (IRL), party, connect, conversate and engage.
  7. Wait for it.  Here it comes.  The question you’ve prepared for.
  8. Punch the blast-off button, smile, shine and prepare to ride the 2010 Rocket ship to recovery.

Thinking This Is Too Much Trouble?

There are two reasons why 22.7% of people do 77.3% of the business.  Because 73.3% of the people are lazy or clueless.  The good news is, you’re not.  Yea!

The Final Step

Like I am with you, share this with a friend and let’s all Get Crack’n, 2010 is pulling into the driveway.

~~~~~~~~~~~~~~~~~~~~~~~~

Thanks for reading and all the best this Holiday Season. Clink-Cheers!

~~~~~~~~~~~~~~~~~~~~

Gomer Pyle Photo Credit

BenjaminFranklin2*Title Credit:  Ben Franklin, “Plow Deep While Others Sleep.”

Ken Brand - Prudential Gary Greene, Realtors. I’ve proudly worn a Realtor tattoo for over 10,957+ days, practicing our craft in San Diego, Austin, Aspen and now, The Woodlands, TX. As a life long learner, I’ve studied, read, written, taught, observed and participated in spectacular face plant failures and giddy inducing triumphs. I invite you to read my blog posts here at Agent Genius and BrandCandid.com. On the lighter side, you can follow my folly on Twitter and Facebook. Of course, you’re always to welcome to take the shortcut and call: 832-797-1779.

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17 Comments

17 Comments

  1. Duke Long

    November 16, 2009 at 8:31 am

    Ken,
    Let the bromance begin.I sat down this morning and the first item on my list. 1. 90 day plan. 2. Holiday networking..how many people can I meet. 3.Know my stuff. 4. Send this post to every agent I know.

  2. Ken Brand

    November 16, 2009 at 10:16 am

    DL – Amen brother, let’s all Get Crack’n. It’s a sprint. Cheers.

  3. Greg Cooper

    November 16, 2009 at 2:21 pm

    Ken,

    Terrific piece. I don’t care we may have read or thought we read similar things like this we need to be reminded often and this puts it all together in a great package.

  4. Ken Brand

    November 17, 2009 at 8:45 am

    GC – Thanks. Holiday Season chit-chat is the name of the game, being prepared, relaxed, confident, conversational and remarkable is the key. Cheers.

  5. Matthew Rathbun

    November 18, 2009 at 7:27 am

    Well done, Ken.

    Being prepared and informed is the cornerstone of this business. It’s great that that people that read and consume AG are typically well-informed. In each class I teach I am often made aware that many agents have a hard time recalling knowledge about the influencing factors of the industry.

    Thanks for this plan!

  6. Joe Loomer

    November 18, 2009 at 10:55 am

    Excellent post Ken – we sit around going back and forth about what parties to go to, which ones conflict with others, what to wear, what to bring.

    Now I’m bringing my answers to the questions I KNOW will be asked – thanks to you….

    Navy Chief, Navy Pride

  7. Ken Brand

    November 18, 2009 at 1:41 pm

    Joe – Thanks. Everybody loves to talk RE, knowing what to say and how to say it, it’s the difference between the Hope Diamond and Cubic Z. Thanks and Holiday Cheers.

    Matthew – You’re welcome and yes, it’s odd, sorta, writing to the choir. Cheers.

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Austin

Austin tops the list of best places to buy a home

When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?

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Looking at the bigger picture

(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).

That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).

They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.

“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”

Click here to continue reading the list of the 12 best places to buy a home…

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Housing News

Average age of houses on the rise, so is it now better or worse to buy new?

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.

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aging housing inventory

aging housing inventory

The average home age is higher than ever

(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.

Prices of new homes on the rise

Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.

Click here to continue reading this story…

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Housing News

Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?

The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.

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zillow move

zillow move

Why Realtors are vulnerable to these rapid changes

(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.

Note: We’ll let you decide which company plays which role in the image above.

So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.

1. Zillow poaches top talent, Move/NAR sues

It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.

Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.

2. Two major media brands emerge

Last fall, the News Corp. acquisition of Move, Inc. was given the green light by the feds, and this month, Zillow finalized their acquisition of Trulia.

…Click here to continue reading this story…

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