You have to Think Outside the Box

24 Oct 2024 · 1 min

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0:46

A short conversational clip featuring Steve D Valentine and another speaker discussing how real estate professionals must "think outside the box" when markets constrict. They mention creative deal structures (lease purchase), the choice between quitting or finding alternate paths after financial setbacks, the impact of external factors (reference to "NAR thing" affecting buyers), and the need to learn adaptively ("braille method") and network with unconventional practitioners.

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One of the reasons that I have experienced so much different things in the real estate business is that every time the market constricted and got hard, you had to think outside the box to create money. It was either give up on the industry and the business or figure it out.
And we're in another one of those.
Seasons where.
Like, I just talked about.
The lease purchase.
If somebody really wanted to.
And this is where the big takeaways are. If an agent could cut back and.
Go, okay, I.
Made a shit ton.
Of money and I didn't do a great job in 21. And I blew all my money and I'm broke.
Broke.
And I can't get a seller to sell. Buyers are hard because of the NAR thing.
Do you quit and.
Give up or.
Do you find another path? And when you start to go, well, I'm freaking broke.
I don't want to change industries. I like what I do. I'm going to go carve my own.
Path and I'm going to learn by the braille method and I'm going to.
Go get around other.
People that are doing weird shit.