I've been exposed to an "Annual Equity Review" strategy in another coaching program (they've been doing theirs for about 20 years now) but I don't think they go over all of THIS! Creating extra income for your client AND showing them an early exit strategy for their mortgage is a GAME CHANGER for buyers agents who now have to demonstrate their VALUE just like listing agents have had to do! I LOVE THIS and can't WAIT to start doing it!
Ok, watched it 3 times. This is the soft skill equivalent of tradesmen offering the FREE home inspection. Get in the house, making a shopping list of problems to chose from to fix. Have them pick what MAKES SENSE to them, financially and responsibly well informed. -I noticed a leak..here -There was burning at this point.. -This contract is this old and needs to be replaced with something more efficient. I feel the conversation flowing now
This is similar to what we do in commercial real estate and what we do for our clients. Offer them free financial analysis of their properties to evaluate current value, cash flow, return on equity, opportunities to increase cash flow, etc but we don’t get into their personal finances. Great video!
I didn’t know we could give advice like this as agents. Makes me want to be an agent more. Sounds fulfilling. I already give coworkers advice on finances with my full time job, now I’ll help give recommendations as an agent as well
This is phenomenal advice. Having 16 years experience in financial services, I can testify there's way more additional things you can review and refer to. Any referral income is passive and those partners will send more people to you for the fat commissions we earn! This is one of the best strategies we can employ as Realtors!
Hi Marc, Would you be willing to share some of the additional areas that we could potentially address with our clients? I want to implement this client benefit immediately. Thanks!
Hi @Brandon, that is really interesting information. One objection that I can see coming up is that if they have a car payment or something similar that is only 5 years or less, it seems that we are just extending the loan from 5 years to 30 years. How would you overcome an objection like that?
Well, holy sh*t... LET HIM COOK! Side example of the quarterback statement. Thanksgiving day game the rookie threw a missed pass with 30 seconds left on the clock, accidentally running the time out instead of stopping the clock any 5 different ways. You are like watching the seasoned QB just walking the ball out of bounds. Tell you what though, rookie won't make that mistake again...
My thoughts is that I’m not a financial advisor and it seems like a good way to get sued. it’s good advise but to hear this from a realtor seems like a dentist giving you surgical advice on your neck . Also I dont see someone who doesn’t understand these simple concepts as a good client. choose the houses you want to represent wisely.
As Realtors, we give advice and opinion. What Brandon has done here is reveal a smart and tactical way for us to share with others on how they “can” save money and build wealth by getting out of debt sooner. Your comment is lazy minded and afraid to get out in the woods and hunt…but don’t worry Judith, I’ll go get dinner.😏
So, math is sleazy to you? Are you financially independent to a level that you don’t like saving money? If you are, unless you are a trust fund baby, you achieved that status by SAVING MONEY!
Start earning $100k+ per year as a listing agent: 👉 bit.ly/3BOUxrN
I've been exposed to an "Annual Equity Review" strategy in another coaching program (they've been doing theirs for about 20 years now) but I don't think they go over all of THIS! Creating extra income for your client AND showing them an early exit strategy for their mortgage is a GAME CHANGER for buyers agents who now have to demonstrate their VALUE just like listing agents have had to do! I LOVE THIS and can't WAIT to start doing it!
Ok, watched it 3 times. This is the soft skill equivalent of tradesmen offering the FREE home inspection. Get in the house, making a shopping list of problems to chose from to fix. Have them pick what MAKES SENSE to them, financially and responsibly well informed.
-I noticed a leak..here
-There was burning at this point..
-This contract is this old and needs to be replaced with something more efficient.
I feel the conversation flowing now
As a newly hired residential sales for a 5 billion dollar pest company this is the entire model
Wow this is really great advice. Definitely goes above and beyond what a regular agent would do.
I’ll have to try this out…
This is similar to what we do in commercial real estate and what we do for our clients. Offer them free financial analysis of their properties to evaluate current value, cash flow, return on equity, opportunities to increase cash flow, etc but we don’t get into their personal finances. Great video!
I didn’t know we could give advice like this as agents. Makes me want to be an agent more. Sounds fulfilling. I already give coworkers advice on finances with my full time job, now I’ll help give recommendations as an agent as well
This is phenomenal advice.
Having 16 years experience in financial services, I can testify there's way more additional things you can review and refer to.
Any referral income is passive and those partners will send more people to you for the fat commissions we earn!
This is one of the best strategies we can employ as Realtors!
👏
Hi Marc,
Would you be willing to share some of the additional areas that we could potentially address with our clients? I want to implement this client benefit immediately.
Thanks!
Great information
Love this. Been looking for a way to enhance the annual review. Very tactical.
Hi @Brandon, that is really interesting information. One objection that I can see coming up is that if they have a car payment or something similar that is only 5 years or less, it seems that we are just extending the loan from 5 years to 30 years. How would you overcome an objection like that?
At 2:03 when he says "you see, Steve.." had to rewind because I really thought I was talking to him on a one-on-one lol
I would love to receive a copy of the spreadsheet, or help creating an excel spreadsheet.
Will you be able to share that spreadsheet?
Home went up 14% in 2 years.. not bad! Question if the home value didn't go up does that impact the savings?
What if they are in a 3% interest owing less than $200k on the house, $200k in equity?
Well, holy sh*t...
LET HIM COOK!
Side example of the quarterback statement. Thanksgiving day game the rookie threw a missed pass with 30 seconds left on the clock, accidentally running the time out instead of stopping the clock any 5 different ways.
You are like watching the seasoned QB just walking the ball out of bounds.
Tell you what though, rookie won't make that mistake again...
What website or program are you using for that calculator?
Do the new TCPA regulations have any effect on calling?
Good stuff 👍🏻
Is there anyway this type of vaule to first time home buyers?
So the two times are right after Christmas and back to school? August ish ? Interesting, I luckily sent out home evaluations mail at right time x2
Genius!!!
But is refinancing or selling and buying?
Bro you can’t be giving this information away for free.
He’s not. He’s selling courses / coaching.
Wait ur in michigan?
❤❤❤
20 in person face to face apts. You WILL get business. 🎉
GIVING MORTGAGE ADVICE AS AN AGENT IS QUESTIONABLE. ASK RESPA
Then how is it that so many agents are lenders? You would think there would be a conflict of interest
As a realtor you should be very well versed in mortgages and rates in my opinion.
Not sure if you’re new here, but he’s a former lender and also owns a mortgage company
@@yourvedamamayou get a separate NMLS license to be able to consult on the finance part of RE.
Yeah but you still don't originate loans as a realtors @@nickkkk495
This feels so sleezy.
He’s giving people advice on getting out of debt quicker
My thoughts is that I’m not a financial advisor and it seems like a good way to get sued. it’s good advise but to hear this from a realtor seems like a dentist giving you surgical advice on your neck . Also I dont see someone who doesn’t understand these simple concepts as a good client. choose the houses you want to represent wisely.
As Realtors, we give advice and opinion. What Brandon has done here is reveal a smart and tactical way for us to share with others on how they “can” save money and build wealth by getting out of debt sooner. Your comment is lazy minded and afraid to get out in the woods and hunt…but don’t worry Judith, I’ll go get dinner.😏
So, math is sleazy to you? Are you financially independent to a level that you don’t like saving money? If you are, unless you are a trust fund baby, you achieved that status by SAVING MONEY!