Brokering In A Crisis | Sofa Broker Ep.7
The Sofa Broker Podcast Episode 7 - 'Brokering In A Crisis'
Hosted by real estate tycoons Daniel McPeake and Solly Strickland.
The hosts delve into the challenges facing the current real estate market and the opportunities for agents to thrive in this difficult environment. They stress the importance of developing a strong personal brand, engaging with the local community, and actively listening to clients. The conversation also explores creative solutions for closing deals quickly and efficiently.
Topics from this episode:
- The Current Real Estate Market: The real estate market is facing challenging times, possibly due to economic downturns, cyclical trends, and external factors like media coverage. There's a sense that things are tough, but it's not necessarily a reason for despair.
- Opportunities for Learning: The current market is viewed as an excellent learning opportunity, especially for those starting out in real estate.
- The Importance of Personal Brand: Establishing a strong personal brand and making individual connections with clients can be more effective than relying solely on corporate branding.
- Staying Local and Engaging with the Community: Being part of the community is seen as a way to develop business.
- Listening and Communication: Effective communication involves not just talking but also actively listening to clients and responding to their needs. This is emphasized as a critical skill for agents.
- Creative Solutions in a Tough Market: To close deals in a challenging market, it's suggested that agents may need to explore creative solutions, such as negotiating with sellers to lower prices and thereby making properties more attractive to buyers.
- The Speed of Transactions: Rapid transactions can be beneficial in a difficult market. Quick sales can help unlock funds and speed up the entire property chain, making the process more efficient for everyone involved.
- And more…
Interact with Daniel:
- Instagram: https://www.instagram.com/danielnestseekers/
- LinkedIn: https://www.linkedin.com/in/daniel-mcpeake/
Interact with Solly:
- Instagram: https://www.instagram.com/solly_nestseekers/
- LinkedIn: https://www.linkedin.com/in/solly-strickland-65541b75/
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You can also watch / listen here:
- Spotify: https://open.spotify.com/show/6Y2hK9sWEUgmj6TO8VYGYL
- Apple Podcasts: https://podcasts.apple.com/us/podcast/sofa-broker/id1698842954
- Amazon Podcasts: https://music.amazon.co.uk/podcasts/3d6c83f1-926f-4c99-9b50-757b2dcbeec9/sofa-broker