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Dealing with Sensationalized Headlines: "Real Estate Agents Face A Reckoning"

June 20, 2024 Mike Ferrante Season 3 Episode 141
Dealing with Sensationalized Headlines: "Real Estate Agents Face A Reckoning"
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FREE Beer and Real Estate
Dealing with Sensationalized Headlines: "Real Estate Agents Face A Reckoning"
Jun 20, 2024 Season 3 Episode 141
Mike Ferrante

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Family and friends are asking me, "Mike, how are all these changes affecting your business? Is everything OK?"

With headlines like last week's Newsweek, "Real Estate Agents Face a Reckoning", it's no wonder!

People are often shocked when I say that nothing has really changed. And it's funny, because the Newsweek article mentions: "Even as the industry became more aware of these challenges...the majority still believed that any changes would be immaterial, and also take years to be implemented...With that in mind, we think the materiality of the changes and the rapidity of their implementation have caught most of the industry flat-footed."

Really? This source also states: "The most significant change to hit real estate agents is the requirement for buyer agents to enter written agreements with home shoppers at the beginning of the home search process." Exactly.

Lastly, they state: "Inexperienced agents, or those agents that are not good at pitching their value proposition, may face a difficult reality under this new way of doing business." Again, EXACTLY.

Join us as we discuss how to have these conversations, how to explain the news, and how to pitch your value proposition.

For more information on this topic, listen to our PODCAST!

Join Mike Ferrante and Tony Geraci for FREE training and info on all things real estate!

If you miss it, watch on Facebook https://www.facebook.com/21MikeTeam.

Register for our live Zoom here: https://bit.ly/3r9Lw2c

DON'T MISS AN EPISODE: SUBSCRIBE NOW!

SCHEDULE AN APPOINTMENT WITH MIKE: 21Mike.com

EMAIL: MIKE@21MIKE.COM

CHECK OUT OUR TRAINING VIDEOS ON YOUTUBE: https://www.youtube.com/user/21mikec21

FACEBOOK: facebook.com/21MikeTeam

TRAINING ON ZOOM, TUESDAYS AT 11:30 EST: https://bit.ly/3r9Lw2c

OUR BLOG: https://21mike.com/blog-2/

Schedule an appointment with Tony: TonyTalk.net

Music: Drag Chain by Steve Combs; licensed under CC BY, FMA artist

Show Notes

Send us a text

Family and friends are asking me, "Mike, how are all these changes affecting your business? Is everything OK?"

With headlines like last week's Newsweek, "Real Estate Agents Face a Reckoning", it's no wonder!

People are often shocked when I say that nothing has really changed. And it's funny, because the Newsweek article mentions: "Even as the industry became more aware of these challenges...the majority still believed that any changes would be immaterial, and also take years to be implemented...With that in mind, we think the materiality of the changes and the rapidity of their implementation have caught most of the industry flat-footed."

Really? This source also states: "The most significant change to hit real estate agents is the requirement for buyer agents to enter written agreements with home shoppers at the beginning of the home search process." Exactly.

Lastly, they state: "Inexperienced agents, or those agents that are not good at pitching their value proposition, may face a difficult reality under this new way of doing business." Again, EXACTLY.

Join us as we discuss how to have these conversations, how to explain the news, and how to pitch your value proposition.

For more information on this topic, listen to our PODCAST!

Join Mike Ferrante and Tony Geraci for FREE training and info on all things real estate!

If you miss it, watch on Facebook https://www.facebook.com/21MikeTeam.

Register for our live Zoom here: https://bit.ly/3r9Lw2c

DON'T MISS AN EPISODE: SUBSCRIBE NOW!

SCHEDULE AN APPOINTMENT WITH MIKE: 21Mike.com

EMAIL: MIKE@21MIKE.COM

CHECK OUT OUR TRAINING VIDEOS ON YOUTUBE: https://www.youtube.com/user/21mikec21

FACEBOOK: facebook.com/21MikeTeam

TRAINING ON ZOOM, TUESDAYS AT 11:30 EST: https://bit.ly/3r9Lw2c

OUR BLOG: https://21mike.com/blog-2/

Schedule an appointment with Tony: TonyTalk.net

Music: Drag Chain by Steve Combs; licensed under CC BY, FMA artist