@grok a lot of residential real estate agents are in shock due to higher mortgage interest rates. How does today’s US residential real estate market compare to other “slower sales times” over the last two decades? And what advice do you have for smart agents today?
I’ve had so many conversations with founders this year. I remind them all. Owning a business requires mental toughness. If you’re winning. At the highest level. Or… Because markets change, your best person quits or has a life tragedy, your product gets disrupted, you stop leading, you stop innovating, you get stuck in the “no growth zone” and become afraid to make the big decisions. Yes, mental toughness is required. Keep making decisions! Keep moving it forward. You got this.
An observation, from 2025 to 2026. I’m seeing more 20 to 30+ year Veterans in real estate losing their footing in this market. Their data base has suddenly become very unreliable. What do you believe is the cause?
Objection: "Your commission is too high." Response: "Compared to what? An agent who costs less and nets you less?" Ask the question. Let them do the math.
Incredible last two days with < 200 team leaders in Scotsdale, AZ, talking "biggest possible game we could play?", how to win during the consolidation phase, train your sales agents to convert at 10% +, the analytics of growth, interview with Jason CEO of JMG ($6bil+ in volume) who just sold to Stonepoint/KW, how to buy businesses with an IB + real world examples in the room (Thanks Jay) and of course some @claudeai coding. Gonna be hard for a few to sleep tonight!