Steve D Valentine tells real-estate agents to practice like clients: role-play deals, visit distressed properties, run numbers. Without deliberate practice, you'll just chase the next lead instead of spotting opportunities to negotiate and profit.
Chapters
Isn't it amazing how if you take your young staff out there and ask them, how many hours a week are you the client? How many hours a week are you shuffling through mls, shuffling through wholesale deals, practicing going and looking at trashed houses, going, well, what would this look like? What does it take? Right? There's no practice on yourself. All it is is, okay, the next lead, the next post, the next thing, and nobody's practicing that momentum of, okay, now I understand it. Now I understand the numbers, right? And so once they get that, then they start to see, like, oh, this is an opportunity. You know, how many agents, you know much in the beginning you've probably done this. You're like, I can double dip on this commission. I'm going to make 6%. And I'm like, well, if I ask the seller if I can buy it for this price, can I double my 6%? Can I triple it? Can I make 100 grand on something?