Full Catalog of Real Estate Training Videos
New Agents
KFT17 Answer the %#^@ Phone!
One of the reasons marketing might not be paying off for you as well as it could be, is because no one seems to answer the #^&* phone! You get prospects to call, then you ignore them and expose them to the hostility of voice mail systems. Learn the importance of responsiveness and what questions to ask to convert a caller into a prospect. Use these skills on telephone callers and email inquiries. You have two goals when responding to inquiries: Determine Motivation and Get an Appointment.
LS01-1 Market Challenges, Pricing Listings in a Buyer's Market
This is the first of a series of presentations in front of a live audience. This is chapter 1 of "Pricing Listings in a Changing Market" that addresses the challenges you face in today's market.
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
RL04-1 Need-Feature-Benefit, REALmarketing
The listing presentation is your most important event. Most presentations are random, agent-ego focused and incomplete. If you use the marketing plan structure and methods from this session, you will be a superior listing agent. Overview of the steps of listing. Seller motivation, review their need before you proceed. Summarize their situation and get agreement. How to structure Need-Feature-Benefit statements within your presentation. Agent demonstrations of uncovering needs and following with a feature and benefit. Excellent demonstrations from some of the best agents captured on tape. Styles of presentations: canned, wing-it, planned. The REALmarketing Sequence; and 8-step track on which to present any listing presentation. It is logical, sequential, seller focused and benefit oriented.
Experienced Agents
KFT41 Are you a Messenger or a Negotiator?
Too many transactions begin with extreme positions that result in long, painful, multiple counter offers. It could be that you're being a messenger instead of a negotiator. In this video you learn to use the skills of question a position, focusing on interests, providing an objective standard, reversing perception, managing expectations and providing feedback. Download and print the KFT41 Worksheet Negotiation Role Play, but before you look at it, have someone tear it into three parts and provide them to each person in the role play.
LS01-2 Pricing Denial Syndrome, Pricing Listings in a Buyer's Market
This is Chapter 2 of "Pricing Listings in a Buyer's Market" that addresses Pricing Denial Syndrome...the sellers' disbelief in the current market valuation. This is part of a new series of videos taped in front of a live audience.
MS08-3 Commission Objections
Commission objections are the most difficult of all real estate situations. In this session you will learn how to apply the process and provide specific answers. Absolute vs. comparative commission objections. “Negotiability” of commissions...doesn’t mean you have to cut. When you cut your fee, you do not make it up in volume; mathematical exercise. Fairness in charging your fee. Value Added selling: overwhelm your sellers with service, value and competence. Position of strength and pride in your value. Must be willing to walk away. Role play demonstration of closing the seller and being hit with a commission objection, then going on to sell value. Comparative objections; when your competitor charges less. Convert the commission objection to a net equity objection. One of the best role play demonstrations on using the pause on a commission objection. Post-listing commissionectomy; when they bring up the objection at the offer presentation. Story: “Knowing where to tap.”
RL08-2 Generating Leads, Prospecting, Marketing
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. Advertising: In this session reviews his early mistakes in advertising. Now he makes all his income with very little advertising. How he develops referral business from his current customers and clients. Watch an interview with his best clients. Marketing: mail, E-mail, notes and gifts. (Cards from Lentzdesign.com) Bob sends ten hand written thank you notes ever day. He demonstrates the little things he does for his clients. Watch how quickly he responds to a client request for housing information.
Using the interface
02. How to Watch Videos
See how to use the updated member page to find and select videos more easily. Learn how to create a Watch List, use Curriculum and refine your search using filters. Please use the Blog up above to tell me how this works for you. Thank you, David
Just for fun
Behind the Scenes Part 1: Pre Production
Part 1 of 3. Go behind the scenes of creating our line of consumer videos. In this part you'll see script development and writing, pre-shoot rehearsals, locations, actor selection and director planning.
Behind the Scenes Part 2: On the Set
Part 2 of 3. Visit the set and see the side-by-side comparison of the behind the camera view vs. the final shots from our line of consumer videos. You'll get an interesting overview of lighting and equipment. Ends with some funny bloopers and scenes that fortunately didn't make it into the final show.
Behind the Scenes Part 3: Post Production
Part 3 of 3. In this segment you'll see the process of taking rough video footage through the post production process of editing, graphic design, DVD authoring and packaging.
RISMedia Award to David Knox
David Knox received the "On the Shoulders of Giants" award at the 2011 National Association of Realtors Conference RISMedia Power Brokers dinner. It is the fifth time it has been presented. In this video you will see the presentation of the award and David's acceptance speech in which he thanks those on who's shoulders he has has risen in this industry.
Generate & capture leads
RL01-2 Contact Management, Referrals
How to use a contact management system. How to make your database valuable and functional to generate business from your sphere of influence. Fill it up, follow up. Skill of determining who is a prospect based upon their timing and urgency. Learn how to ask time-based questions. A very important skill. How to question for motivation. Agent demonstration of calls. Interviews with agents about their prospecting challenges. Great interview with Marty Siegel on how he generates $30 million in sales from referrals. This will inspire you. The two key questions to ask to get referrals. Avoid the two wrong questions. Agent demonstrations of calling to use these questions to get referrals. Great demonstration.
RL07-S2 Living Large on Referrals
(Intermediate) Bill Barrett is a past CRS instructor and a top national speaker. For years, Bill has hosted an annual retreat with 50 of the top agents in the country. From this event he collects marketing techniques used by these top producers. In this interview Bill will help you increase your referral business. He addresses how to get started with a program, what to do at a closing, forms you can implement to gain referrals, co-op agent referrals, contact methods, contact frequency, do-not-call lists, direct mail and superstar examples.
RL08-2 Generating Leads, Prospecting, Marketing
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. Advertising: In this session reviews his early mistakes in advertising. Now he makes all his income with very little advertising. How he develops referral business from his current customers and clients. Watch an interview with his best clients. Marketing: mail, E-mail, notes and gifts. (Cards from Lentzdesign.com) Bob sends ten hand written thank you notes ever day. He demonstrates the little things he does for his clients. Watch how quickly he responds to a client request for housing information.
KFT22 Managing Leads
Getting a lead is one thing, converting it is another. This seminar will focus on how to respond, qualify, secure prospect information, follow up and seek final resolution. Whether the lead comes from the internet, telephone or any other prospecting source, these skills apply. Great support materials include: -RL08 Telephone Call Log.doc, -RL01 Worksheet - Prospecting Contact Log, -MS10 Buyer Questions Part 1 and Part 2, and -KFT22 Lead Conversion Questions
RL08-4 Working with Buyers, Showing
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. In this session Bob discusses and demonstrates how he works with his real buyers. Begins in the car on the way to his showings through his actual showing process. Next he discusses his sales philosophy and the importance of listening instead of talking. He continues through more showings with his buyers. Next, Bob debriefs the showings with his buyers. Skills for the future; what will you need to be able to do to succeed in the future. But still, we need human contact, rapport, listening and trust.
KFT02 Questions That Turn Prospects into Clients
The most important skill of selling is ASKing, not talking. You will learn the specific questions that determine which prospect is most likely to be a customer or client. Hear messages and methods for contacting your sphere of influence, avoid the two key mistakes when asking for referrals and replace them with the two key questions. You'll also learn about questions for open house visitors and FSBO's.
KFT17 Answer the %#^@ Phone!
One of the reasons marketing might not be paying off for you as well as it could be, is because no one seems to answer the #^&* phone! You get prospects to call, then you ignore them and expose them to the hostility of voice mail systems. Learn the importance of responsiveness and what questions to ask to convert a caller into a prospect. Use these skills on telephone callers and email inquiries. You have two goals when responding to inquiries: Determine Motivation and Get an Appointment.
RL17-3 Ninja Marketing Strategies for FHA 203k, by Jocelyn Predovich
Jocelyn Predovich is back with her 10 Ninja marketing strategies using the FHA 203k program. Be sure to check out RL17-1 and RL17-2 for an overview of what the program as to offer. In this presentation Jocelyn will discuss how to develop effective marketing methods by tying the FHA 203k option to referral sources, HUD properties, open houses and much more.
KFT19 Client and Charitable Giving
The inspiration for this session came from Veterans Day and the Thanksgiving holiday that followed. Learn how to give back to your clients and your community while you touch your past customers and clients. Hear some ideas on how to plan client appreciation events then follow up with photos and Facebook postings. Check out the support topic in Real Estate LIVE!®: RL01-3 Real Touch Promotions
KFT30-1 Generational Marketing Part 1
There are four distinct generations in the marketplace that each have their own communication style and marketing preferences. Your job is to have an awareness of the generations and figure out a marketing strategy aroun them. Part 1, of 2, in Generational Marketing covers the Forgotten/Silent Generation as well as Baby Boomers.
KFT30-2 Generational Marketing Part 2
Generational Marketing Part 2. of 2, focuses on the characteristics and interaction skills when dealing with the final two of the four generations in today's marketplace: Generation X and Generation Y.
KFT35 You Make the Call
This video describes the techniques for making outgoing warm calls to your past clients and Sphere of Influence. If you're not being overwhelmed with prospecting calls coming in to you, then you must make the calls out. Download "KFT35 WORKSHEET Telephone Scripts" to help you structure your calls. *Be sure to rate and comment after watching.
KFT36 Cold Call, Bold Calls
This video will focus on the scripts and techniques to make outgoing prospecting calls to people you don't know. You'll hear techniques for contacting your farm, FSBOs, expireds and inquiry follow-ups.
RL11-1 Social Media & Networking, How to Use
In this first of three parts, we provide an overview of social media and networking. We begin by establishing proper terminology then show how to incorporate social media into your prospecting. The way to make money in this arena is to provide relevant content to your participants. We close this part with a list of the common media outlets and an introduction to Facebook.
RL11-2 Social Media, Facebook & Fan Pages
In this second of three parts we focus on Facebook. You will see the Cranbrook team demonstrate how to connect with your sphere of influence, generate leads, use a fan page, post relevant content and post events. Next Brad Hanks gives a brief overview of how to start conversations with your SOI using a fan page. Peggy McNamara continues with techniques on fan pages.
RL11-3 Social Media, LinkedIn, Twitter, Youtube
This part three of three covers the other key social media outlets. You will learn about LinkedIn, Twitter. The Cranbrook team will demonstrate how they use Twitter in their business. Peggy McNamara will demonstrate Twellow, Yelp Biznik, GoDaddy and RSS feeds. David continues by discussing the "Magic Moment" when you make that social connection and how to maximize it. We close with a discussion of YouTube. NOTE: for more information on making a video, watch our Behind-The-Scenes videos under the Support curriculum.
RL13-2 Distinctive Value, Thom Winninger
In RL13-2 Thom Winninger continues his presentation on selling value. You'll learn how to present value instead of defending price.
KFT22s Call Logs and Automated Systems
The "s" is for support. These two sub topics were moved from KFT22 to this support video. The first topic is a review of how to use a prospecting call log to keep you on track with the discipline of taking action. The second topic is a presentation of the key elements of a contact management system and how to automate your follow up. Download support material: RL01 Worksheet - Prospecting Contact Log.pdf
RL11-S1 Facebook Fan Pages by Brad Hanks
NOTE: We have uploaded a NEW set of instructions for creating a fan page. Facebook has changed their site since this video was uploaded. From the Support Materials download "RL-11 S1 WORKSHEET Fan Page Instructions." This is a support topic to Real Estate LIVE!™ #11 Social Media and Networking. Brad Hanks will demonstrate how to create a Facebook Fan Page. You will learn how to create content for this page and how to attract people to it. He will show you all the steps then illustrate with some actual pages.
RL11-S2 Measuring Your Web Footprint by Brad Hanks
This is a support feature to RL11, Social Media & Networking. Brad Hanks believes that you should make an impact on the web with your social media. He will show you how to measure your impact, expand your "footprint" and increase your search rankings.
RL11-S3 REALtalk on Social Media, Brad Hanks
This is a support feature to RL11 on Social Media and Networking. David interviews Brad Hanks and asks many of the same questions that you may have on incorporating social media into your business plan.
Build the business
RL05-1 Time to Get Help, The First Hire
Are you overwhelmed? Your business will grow until you need help. The question is, do you wait until you grow to get help, or do you get help so you CAN grow! This video covers those question. You will learn how and when to get help and how to build a team. You will hear agent interviews with five different top agents across the country. Whether you hire one person or ten, you will gain from this topic. Even if you employ no one, you can use these methods to establish a virtual team. The only way you can get highest and best use of your time is to delegate low producing activities to others. Learn how to make that leap to your first hire. Who should it be and what should they do?
RL05-2 Building a Team, Managing and Leading
Hear how our SELLebrity agents grew their teams. How did those employees help grow their business. They will discuss hiring considerations using the DISC® system. See a chart of all the things that that need to be done and who should do them. Watch interviews and interactions with the agents and their team members. Learn how to management skills to lead and develop your team. How to define their roles and conduct meetings to keep everyone happy and motivated.
RL05-3 Systems, Administration
A system is a series of repeatable behavior to create predictable results and better customer service. Two types of systems, non-technology and technology based. Agent and team member interviews about how they use their systems; contact management, lead generation, customer management, transaction management. Administration; how to manage time, compensation, payroll, accounting, etc.
RL05-S1 Howard Brinton interview Take Business to Next Level
Howard Brinton is the founder of STARpower systems. For more than 20 years he has interviewed some of the highest producing real estate agents in the country to build a base of knowledge to help you succeed. In this first of a two-part interview, he shares his views on how to grow your business by delegating tasks to others so you can focus on dollar productive activity.
KFT27 Ten Ways to be The One
Become independent from the mass of average, under-producing real estate agents. Practice these "Ten Ways to be The One" so you'll be The One who is selected by clients and The One who thrives in this market. Four of these will make your clients happy and six of them will make you more productive.
RL08-1 Growing the Business, Referrals
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. In this session he tells you how he took his business from zero to his current level. It begins with an interview with him in his car around 6:00am then proceeds to the main interview. He covers his career history, how he used open houses to develop his market, his success vision & mind set, handling failure, moving through the productions levels, professional appearance, starting over in a new market. Hear interviews with his actual clients. Final question; “Is there any one thing that had you not done, that you wouldn’t have made it this far?”
RL08-5 Managing the Business, Systems, Staff, Goals
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch interviews with Bob and his team. This session focuses on how to manage the business, team members and administration. Staff: He discusses how he hires staff, his systems and why he wishes he'd hired earlier than he did. Watch how he organizes his time, contacts and phone calls. He discusses his goals and how he motivates himself. Watch a short sequence of him flying his own plane down the CA coast for lunch. He discusses his challenges and the worst part of the job then answers the question, "Do I have balance in my life?"
KFT07 Values Based Goal Setting
An exercise in personal goal setting. Three levels of life planning: Values, Goals and Objectives. Use this information for your personal and professional goals to achieve balance in your life. Exercise: “If you don’t have what you want in life, why not?” You end up with either Results or Reasons. Guides to goal setting; a list of criteria to use when making your goals. See a list of values that must be the basis for any goal if you are to truly achieve it.
RL01-3 Real Touch Promotions
How to stay in touch with your customers using customer appreciation methods. You must Give to Receive in this business. Interview with Marty Siegel describing his “Magnificent Seven” bus tour on the Parade of Homes. (Watch the bonus feature to see his “Trees for Toys” event.) Mailings: do they work? What to send. (Although the industry has moved more electronic since this taping, the techniques apply to E-mail marketing as well. But even today, a handwritten birthday card will be more effective than an E-mail.)
RL01-S3 Trees for Toys - Marty Siegel
Support Feature: Successful real estate agent Marty Siegel talks to David about how he developed a very popular community oriented holiday event.
RL16-2 Top 10 Strategies for Getting Unstuck (Part 1), by Verl Workman
The wheels are spinning, but are you getting anywhere? Popular coach and trainer Verl Workman is back with a new presentation: Top 10 Strategies for Getting Unstuck. Verl’s high energy delivery and practical techniques are getting rave reviews. Watch this two-part video on recognizing your situation, making a change and never looking back.
RL16-3 Top 10 Strategies for Getting Unstuck (Part 2), by Verl Workman
This is part 2 of Verl Workman’s Top 10 Strategies of Getting Unstuck starting with step five. Make sure to watch RL16-2 for steps one through four. Verl is a 20-year veteran in the industry and knows how to get you and your business moving again.
RL18-1 2012 Real Estate Trends, an interview with Stefan Swanepoel (Part 1)
The Swanepoel Trends Report for 2012 will be released in February. This highly regarded publication is a major source of information for real estate agents, managers, and broker/owners as they develop their business strategies. David talks with author, motivational speaker, and real estate expert Stefan Swanepoel about his latest Trends Report. In part one of the two-part interview, Stefan reviews past trends that have shaped today’s real estate market, discusses the impact of listing syndication and highlights what every real estate professional should know about mobile friendly technology.
RL18-2 2012 Real Estate Trends, an interview with Stefan Swanepoel (Part 2)
This is part two of an interview with Trends Report author, motivational and real estate speaker Stefan Swanepoel. This discussion covers a variety of trends within the real estate industry including recruiting, technology, training and market direction.
RL05-S2 Take Your Business to the Next Level, Howard Brinton
Howard Brinton is the founder of STARpower systems. For more than 20 years he has interviewed some of the highest producing real estate agents in the country to build a base of knowledge to help you succeed. This is Part 2 of David's interview with Howard. Topics include: how husbands and wives can work together, common mistakes with forming teams, giving titles to members, compensation, systems vs. people, and prepared packages for clients.
RL05-S3 First-Hire by with Bob Corcoran
Has your business exceeded your time available? Are you wondering how to get help? This video could help. Bob Corcoran is founder and president of Corcoran Consulting & Coaching. He specializes in performance coaching and the implementation of sound business systems into the agent’s existing practice. Bob has worked with hundreds of top agents worldwide in developing and implementing customized, money-saving business systems. In this segment Bob will address your business mission, job descriptions, interview questions, finding candidates and how to bring them on board. Be sure to check out these great support materials!
RL13-2 Distinctive Value, Thom Winninger
In RL13-2 Thom Winninger continues his presentation on selling value. You'll learn how to present value instead of defending price.
KFT19 Client and Charitable Giving
The inspiration for this session came from Veterans Day and the Thanksgiving holiday that followed. Learn how to give back to your clients and your community while you touch your past customers and clients. Hear some ideas on how to plan client appreciation events then follow up with photos and Facebook postings. Check out the support topic in Real Estate LIVE!®: RL01-3 Real Touch Promotions
KFT21-1 How to Enhance Your Five Equities (part 1)
(Part 1 of 2) We can measure our personal equity in five key areas: Physical, Spiritual, Psychological, Intellectual and Financial. The first two are covered here. As you kick off any year, it is important to have both focus and balance. This presentation will lead you through an analysis of each equity and provide the means to enhance each of them. Three supporting videos to watch in conjunction with this presentation are: KFT07 Values Based Goal Setting, KFT10 New Year Action Plan and RL08-5 Bob Wolff Managing the Business, Systems, Staff & Goals.
KFT21-2 How to Enhance Your Five Equities (part 2)
(Part 2 of 2) Continues through the five personal equities of Psychological, Intellectual and Financial. This presentation will lead you through an analysis of each equity and provide the means to enhance each of them. Three supporting videos to watch in conjunction with this presentation are: KFT07 Values Based Goal Setting, KFT10 New Year Action Plan and RL08-5 Bob Wolff Managing the Business, Systems, Staff & Goals.
Objections, Commission
KFT05 Managing Expectations
Ever had a seller complain that their home sold too fast? Ever had an appraisal come in too low? Has a buyer found a home first time out, then wanted to see more? All of these are problems not of reality, but unrealistic expectations. You must anticipate and prepare for problems. Answers to specific objections that could’ve been handled up front.This presentation is the basis of handling all difficult situations in real estate.
MS08-1 Categories of Resistance
Overview of session 8. Three categories of resistance: objection, doubt, indifference. Six steps to handling an objection. The fast answer is not the right response. Save your answers, instead: Pause. Role play demonstrations of the pause. Role play demonstration of the pause. How to acknowledge without agreeing. Isolating: the conditional answer.
MS08-2 Questioning Objections
Before you answer an objection, question it first. Determine the real issues beneath the objection. Play real estate “Password.” Role play demonstration of questioning. Final step: Answer their objection. Very powerful exercise: when you bought your last home, what did you not like about it? This is a must see demonstration. Answers to specific buyer and seller objections. Role play demonstration of answering objections.
MS08-3 Commission Objections
Commission objections are the most difficult of all real estate situations. In this session you will learn how to apply the process and provide specific answers. Absolute vs. comparative commission objections. “Negotiability” of commissions...doesn’t mean you have to cut. When you cut your fee, you do not make it up in volume; mathematical exercise. Fairness in charging your fee. Value Added selling: overwhelm your sellers with service, value and competence. Position of strength and pride in your value. Must be willing to walk away. Role play demonstration of closing the seller and being hit with a commission objection, then going on to sell value. Comparative objections; when your competitor charges less. Convert the commission objection to a net equity objection. One of the best role play demonstrations on using the pause on a commission objection. Post-listing commissionectomy; when they bring up the objection at the offer presentation. Story: “Knowing where to tap.”
RL10-1 Objections: Anticipate, The PAID Method, Pause
Instead of jumping to an answer to an objection, follow a process first. First, anticipate and prepare for objections. Most objections in real estate are known so you should never be surprised. Divulge weakness early and bring up the objection first. The P.A.I.D. process: Pause, Acknowledge, Isolate and Discover. Pause, the most important first step. Avoid the push-back response and let the customer deal with it first. Agent demonstrations of pausing after all of his buyer’s objections. Finally they start answering their own concerns! This is great.
RL10-2 Objections: Acknowledge, Isolate, Discover
Before, or after the pause, you must let the customer know that you were listening and that you’re considering their concern; acknowledge. Then question the objection to understand the real issue. Agent demonstrations of these skills. Now you must isolate the objection to see if there are any more and determine what is the real issue. Be sure you uncover all the concerns before you even think about answering. Seinfeld example: gets blood out of your clothing. Sample questions for isolating the objection. Agent demonstrations of the PAID process. Great pause by Tammy Fadler! Discover; the process of questioning their position and probing for the basis of their objection. Help the customer resolve their own issues. Example of isolating the objections on an offer presentation. Example of the game “Password” as a way of getting your customers to answer their own concern. Agent demonstrations of the Discover technique.
RL10-3 Objections: Attitudes of Resistance, Answering Objections
Three attitudes of resistance: Objection, Doubt and Indifference. How to respond differently to each. The purpose of Discovery is to determine their attitude so when you proceed to the Answer step, you’ll respond properly. Answering objections. Even when you do have to answer, phrase it as a question and ask them to resolve the issue first. Lead them to the answer. Techniques for creating specific answers. Reduce it to difference in time or money rather than addressing the entire amount. Agent demonstrations of answering objections. Final exercise that really makes the point that you almost never have to answer an objection; “What didn’t you like about the last home you bought?”
KFT04 No Difference? No Deference.
How to overcome commission objections by having and presenting a point of difference. Will people spend more money for more value? Yes. You must deliver value. Don’t let price be your only difference. Avoid being a commodity, instead, sell difference. There are eight categories of differences in a listing presentation. Learn ways to add value to your clients to minimize the request for a commission cut.
RL10-S2 Discovering Buyer Objections, Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will learn how to master the "Discovery" step of the P.A.I.D. process. The key skill to master before answering an objection is the ability to question it to discover the real issue. For more information on Connie, go to: http://www.conniepodesta.com/
RL10-S3 REALcoach: Overcoming Objections, James Robinson, Part 1
In part one of this REALcoach session, David will introduce the the P.A.I.D. technique to address objections. Part one concentrates on pause and acknowledgment by role playing different scenarios with real estate agent James Robinson.
RL10-S4 REALcoach: Overcoming Objections, James Robinson, art 2
David demonstrates the P.A.I.D technique of overcoming objections through a coaching role play with a real estate agent. You will really see how to master a technique.
RL12-S4 Overcome Buyer Objections with Financing Information by Pat Zaby
Having a tough time getting your buyers to buy? Pat Zaby, CRS Instructor shows you how to overcome buyer objections using financing information. Objections: cost of waiting to buy, affordability concerns by reducing to the difference.
Negotiation
MS11-2 Closing, Purchase Agreement
Begin the closing process; where should you be when you close? When they’re ready to buy: let them. Role play demonstration of returning to their current home to write a purchase agreement on their next one. How to get a full price offer. Getting the “good deal” or getting the “good house.” Handling difficult offers. Role play demonstration of the low offer and the very low offer. Presenting the seller options: accept, reject, counter, accept another. How to present the value of the home and negotiate the offer. “If you don’t get the house, what would you do with the $10,000 you saved?” How to get higher offers. Role play demonstration of the multiple offer situation. Skills of getting your offer accepted.
KFT05 Managing Expectations
Ever had a seller complain that their home sold too fast? Ever had an appraisal come in too low? Has a buyer found a home first time out, then wanted to see more? All of these are problems not of reality, but unrealistic expectations. You must anticipate and prepare for problems. Answers to specific objections that could’ve been handled up front.This presentation is the basis of handling all difficult situations in real estate.
MS12-1 Negotiation Strategies, Presenting the Agreement
Here’s where it all comes together where the seller’s property meets the buyer’s offer. How to achieve a win-win result. This may be the most fun part of the business, Myths and stereotypes of negotiating. Handling cultural differences in negotiating. Establishing an objective standard as a basis of negotiating. Prepare to present the offer. Update the CMA, meet with the other agent,problems with your offer, reasons why a seller should accept. Setting the stage for the presentation. Role play demonstration of setting the stage. The presentation. Role play demonstration of presenting the single offer from a coop agent. Multiple offer presentation. Role play demonstration of presenting two competing offers.
MS12-2 Coop offers, Counter Offers, Customers for life
This is on offer presentation on a coop listing. Role play demonstration of this. The Very Low offer presentation. How to handle seller resistance from the low offer. Watch the sellers react, then present the positives. How to work toward agreement by reducing the changes to ONE instead of many. A powerful technique for reaching agreement. Role play demonstration of taking the counter offer back to the buyers. Final chapter: Keep your customers for life. 67% of customers leave because of an attitude of indifference. You must stay in touch with your customers and clients. Grow your skills by learning from models in the industry and get feedback. Use role plays as a way to improve your skills. Ends with bloopers
KFT41 Are you a Messenger or a Negotiator?
Too many transactions begin with extreme positions that result in long, painful, multiple counter offers. It could be that you're being a messenger instead of a negotiator. In this video you learn to use the skills of question a position, focusing on interests, providing an objective standard, reversing perception, managing expectations and providing feedback. Download and print the KFT41 Worksheet Negotiation Role Play, but before you look at it, have someone tear it into three parts and provide them to each person in the role play.
KFT11 Negotiating Low Offers
Narrow the gap between your buyer’s low offer and the seller’s high asking price. Learn how to get a better offer in the first place. Focus on interests, not positions. Humanize the buyer and prepare the sellers. See a great way to negotiate differences to structure the counter offer so it will be more acceptable to the buyer.
KFT12 Securing Higher Offers
After learning how to present low offers, here’s how to avoid them in the first place. Regardless of whom you represent, you must write an agreement that has a chance of acceptance. Focus on interest instead of position, establish an objective standard. Play the real estate version of the game “The Price is Right” to prepare buyers to pay full price.
RL12-S1 Two/One Buydown by Pat Zaby
Pat Zaby, CRS Instructor, is one of the real estate industry's top speakers on using finance as point of difference. In this video discover how financing concessions and knowledge of buydown options can make you stand apart from the competition.
Presentation skills
MS07-1 How to Open a Listing Presentation
This is the most key skill of a real estate agent: the listing presentation. How to open a listing presentation. This is the step immediately following the seller counseling and property tour. The importance of visuals in your presentation. Re-establish their needs before proceeding with the listing presentation. Role play demonstration of summarizing the sellers’ needs. The Marketing Process chart as a track to follow throughout the presentation. Divulge weakness early as a way to establish trust. Role play demonstration of divulging a weakness.
RL05-S4 Extended DISC®
If you've ever heard someone described to as a "High D" or a "Low S," they may be referring to the behavioral descriptions from the four behavioral types in the Extended DISC® system. Use the information to identify differences in your clients and plan strategies to interact more effectively with them. Markku Kauppinen is an employee and expert with Extended DISC North America Inc.
MS07-2 Acceptance & Marketing Plan
Create acceptance: move them from pain to pleasure. The difference between a feature and a benefit and how to present them. N-F-B statements. Need-Feature-Benefit. Present your Marketing Plan. Present the solutions that satisfy their needs. Wendy’s research example. Present the concept of Target Marketing in which you tell the sellers who the most likely buyer will be based upon your research and expertise. Avoid being a commodity. Value Added selling describes your point of difference? Role play demonstration of presenting points of difference. This may be the most important role play to watch over and over. Ends with bloopers.
RL04-1 Need-Feature-Benefit, REALmarketing
The listing presentation is your most important event. Most presentations are random, agent-ego focused and incomplete. If you use the marketing plan structure and methods from this session, you will be a superior listing agent. Overview of the steps of listing. Seller motivation, review their need before you proceed. Summarize their situation and get agreement. How to structure Need-Feature-Benefit statements within your presentation. Agent demonstrations of uncovering needs and following with a feature and benefit. Excellent demonstrations from some of the best agents captured on tape. Styles of presentations: canned, wing-it, planned. The REALmarketing Sequence; and 8-step track on which to present any listing presentation. It is logical, sequential, seller focused and benefit oriented.
RL04-2 REALmarketing Steps 1-4
The first four steps of the REALmarketing Structure: Marketing Management, Exposure to Agents, Exposure to Public, Secure Prospects. You will love the easy flowing sequence of these steps. You’ll be able to fit everything you say into one of these steps. Agent demonstrations of each step in action. Watch them establish credibility and present their strength. Beautiful examples of NFB statements and gaining seller agreement. The Securing Prospects step shows how anyone can generate prospect inquires, but only a professional can actually capture them. It addresses the FSBO objection and the owner’s belief that because it’s on the internet that they don’t need a good agent.
RL04-3 REALmarketing Steps 4-8
The final steps of the REALmarketing Structure: Demonstrate the Home (showings), Secure Agreement to Purchase (closing), Closed Transaction (financing and processing) and Net Equity Check. Excellent agent demonstrations of all of these steps. Some of the best presentations ever captured on video. You will see how different a listing presentation can be when it is organized, logical, seller-focused and benefit oriented. You will be a MUCH better at presenting next time.
RL13-1 Selling Value by Targeting Trends, Thom Winninger
Thom Winninger is a past president of the National Speakers Association and and the author of numerous books on selling. In this video you will learn how to differentiate your self by moving from Product, to Process to Purpose. This video is a great support to "KFT04 No Difference? No Deference" and "KFT26 Creating Unique Selling Propositions Difference."
KFT04 No Difference? No Deference.
How to overcome commission objections by having and presenting a point of difference. Will people spend more money for more value? Yes. You must deliver value. Don’t let price be your only difference. Avoid being a commodity, instead, sell difference. There are eight categories of differences in a listing presentation. Learn ways to add value to your clients to minimize the request for a commission cut.
KFT05 Managing Expectations
Ever had a seller complain that their home sold too fast? Ever had an appraisal come in too low? Has a buyer found a home first time out, then wanted to see more? All of these are problems not of reality, but unrealistic expectations. You must anticipate and prepare for problems. Answers to specific objections that could’ve been handled up front.This presentation is the basis of handling all difficult situations in real estate.
KFT42-2 Ten Tips for Better Showing, Part 2
Knox First Tuesday 42 is "Ten Tips for Better Showings." Part Two - Tips 6 through 10.
MS07-3 Close for the Listing
You’ve presented your listing features and benefits and now it’s time to get their decision to list with you. Summarize the benefits and ask for the order. Act or Ask. Assertive vs. Aggressive closing techniques. Sellers will run out of excuses not to list. Definition of closing: getting a “yes” or getting a “no?” To get a Decision. Give people permission to say “no” in order to make it easier for them to say “yes.” Role play demonstration of closing on a seller. Servicing and Marketing: telling your seller what you will do now. Role play demonstration of disclosures, inspections, Fair Housing, agency and representation, privacy of the home during showings, and signing the listing agreement. Ends with bloopers
RL09-S1 Russell Williams Listing Part 1 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 1 of 4. Motivation and Marketing.
RL09-S2 Russell Williams Listing Part 2 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 2 of 4, Motivation and Marketing continued.
RL09-S3 Russell Williams Listing Part 3 of 4
Russell Williams continues his listing presentation into pricing and commission discussions.
RL10-S3 REALcoach: Overcoming Objections, James Robinson, Part 1
In part one of this REALcoach session, David will introduce the the P.A.I.D. technique to address objections. Part one concentrates on pause and acknowledgment by role playing different scenarios with real estate agent James Robinson.
RL09-S4 Russell Williams Listing Part 4 of 4
Russell Williams continues his listing presentation into the final close and signing of the papers.
Short Sales
Short Sale Option Demo from David Knox Productions, Inc.
This is a sample of our consumer video; The Short Sale Option. It is addressed to the homeowners of distressed properties and may be licensed from David Knox Productions, Inc. to agents or companies.
KFT08 The Upside-Down Seller
This economy has produced thousands of sellers whom owe more on their mortgage than their home is worth. There are no good alternatives, only less painful ones. Learn how to deal with sellers who are upside down and when sellers should be held accountable for their lack of equity. Watch an agent make a presentation to a seller who has refinanced. This next video that follows this is “Knox First Tuesday” #15 on short sales as the next option.
KFT15 Overview of the Short Sale
This is not a seminar on short sales, but an overview of the process and requirements for the successful completion of one. You will be able to recognize the listing situations in which your sellers qualify for a short sale instead of the drastic step of foreclosure. The seller options are: sell, stay, rent, foreclose or short sale. To really learn the process of dealing with a short sale, David recommends the Certified Distressed Property Institute. To receive $100 off the course, go to: www.cdpe.com/davidknox
KFT43-1 The Buyer Side of Short Sales, Part 1
This begins our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 1 features an interview with two professional short sale negotiators as they discuss the benefits, misconceptions and first three steps of the short sale approval process.
KFT43-2 The Buyer Side of Short Sales, Part 2
This continues our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 2 completes the interview with the short sale negotiators as they address the final three steps of the approval process and the questions a buyers' agent should ask the listing agent of a short sale.
KFT43-3 The Buyer Side of Short Sales, Part 3
This concludes our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 3 is an interview with a real estate agent who has experienced a 100$% closing ratio with short sales. He addresses all the issues presented in Part 1 and 2, but from an agent's perspective.
KFT44-1 Six Steps to Successful Short Sales, Part 1
This video addresses the seller side of short sales. As a listing agent, Jeff Zwiefel and Wendy Haisley, professional short sale negotiators, will lead you through the key steps to assure the successful approval and closing. Part 1 Steps: 1. Fair Market Value and 2. Earnest Money.
KFT44-2 Six Steps to Successful Short Sales, Part 2
This video addresses the seller side of short sales. As a listing agent, Jeff Zwiefel and Wendy Haisley, professional short sale negotiators, will lead you through the key steps to assure the successful approval and closing. Part 2 Steps: 3. Counter to MV, 4. Inspection, 5. BPO, 6. Reduce asking price to sale price.
KFT45-1 The Short Sale Seller Interview, Part 1
Chris Willette, a short sale specialist real estate agent, will lead you through the process of interviewing a seller to determine their eligibility for a short sale. In this Part 1 he will address: Understanding the short sale seller, Requirements for the bank and Agent requirements.
KFT45-2 The Short Sale Seller Interview, Part 2
Chris Willette, a short sale specialist real estate agent, will lead you through the process of interviewing a seller to determine their eligibility for a short sale. In this Part 1 he will address: Benefits of a short sale, Options for sellers and Advice to a short sale agent.
Relocation Counselor Skills
KFT24 Seven Steps to Building Rapport
Rapport is the first step to a successful prospecting call, a presentation or any relationship. Learn how to consciously apply the seven basic steps of establishing that early comfort in your transactions. This video will show you how to be the person that clients seek out. A great competitive advantage!
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
RL03-1 Seller Counseling: Needs, Interview Skills, Motivation
You must begin with the Need in mind; Need Satisfaction Selling. NFB Selling: Need-Feature-Benefit. How to establish trust and rapport. Agent demonstrations of the first meeting of a listing presentation; opening and rapport. Key questions to ask to determine the seller’s motivation. Open vs. Closed questions. Agent demonstrations of conducting seller counseling interviews.
RL03-2 Seller Counseling: Motivations, Expectations, Readiness to List
All listing decisions are emotional so you must be able to probe beneath their reasons to their motivation. You must also determine who is a real seller now. This is the basis of EVERYTHING you will do with sellers from now on. List of Dominant Motivations. Difference between a reason and a motivation. Agent demonstrations of asking “why” based questions to get to motivation. If you want to get a listing or win a competitive listing situation, the sellers will actually tell you what to do to get their listing...if you ask the right questions. Question to learn their expectations of a real estate agent. Key questions to ask sellers. Agent demonstrations of probing seller expectations. If you know the seller’s expectation of value and price, you can structure accordingly. Agent demonstrations of asking opinion of value. Now you must test whether they’re ready to list with you. Before you present your CMA, you must know whether they’re going to hire you. This will also bring out any objections they have so you can address them.
RL03-S2 The Art of Active Involvement - Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will become better at interacting with prospects, clients and family. For more information on Connie, go to: http://www.conniepodesta.com/
RL05-S4 Extended DISC®
If you've ever heard someone described to as a "High D" or a "Low S," they may be referring to the behavioral descriptions from the four behavioral types in the Extended DISC® system. Use the information to identify differences in your clients and plan strategies to interact more effectively with them. Markku Kauppinen is an employee and expert with Extended DISC North America Inc.
RL10-S2 Discovering Buyer Objections, Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will learn how to master the "Discovery" step of the P.A.I.D. process. The key skill to master before answering an objection is the ability to question it to discover the real issue. For more information on Connie, go to: http://www.conniepodesta.com/
KFT13 Seller Motivation: Sell or Stay
Overpriced listings are usually the result of lack of seller motivation. This seminar addresses the key question; “Do you want to Sell or Stay.” If you’ve ever presented all the facts to the sellers (Education), and they still don’t want to adjust the price, then it’s probably a motivation issue. You MUST divide all your inventory into two categories: those sellers who want to Sell and those who want to Stay. Use the "Sell or Stay" cards with your sellers!
KFT01 Get Your Buyers to Buy Now
*Jan 2011 new support document: Buyer Letter encouraging them to buy now. A buyer’s market brings the challenges of high inventory and skeptical buyers. How do you get them to buy now? This market presents opportunities; many want to wait until the market hits the bottom. However, how will buyers know when the market bottoms out? When the prices start to go back UP. See the benefits of buying before the bottom hits rather than after it. Download and open the support document "Buyer Letter Why Buy Now" in Microsoft Word. Edit it as you choose and make it your own. Then send or email it to your current Sphere of Influence.
Life Planning
KFT07 Values Based Goal Setting
An exercise in personal goal setting. Three levels of life planning: Values, Goals and Objectives. Use this information for your personal and professional goals to achieve balance in your life. Exercise: “If you don’t have what you want in life, why not?” You end up with either Results or Reasons. Guides to goal setting; a list of criteria to use when making your goals. See a list of values that must be the basis for any goal if you are to truly achieve it.
KFT34 Discover Your Personal Values
This is a personal experience exercise that will help you determine your top values. Be ready to take 30 minutes to follow along as David leads you through a discovery of your values as chosen from a list of 16. Print out the two worksheets: KFT34 WORKSHEET Values Cards and KFT34 WORKSHEET Values List. At the end of this video you will have a basis for a business plan and personal goal setting. Values - Goals - Objectives are the three elements of life planning. This video picks up where KFT07 left off.
KFT29 Results vs. Reasons
All too often people ask HOW things are done versus the deeper issue of WHY things are done. As a real estate agent, you are not lacking information on how to do things; the question is, “Why aren’t you doing them?” Learn how to address procrastination, perfectionism, being overwhelmed and desiring the easy path. You will also learn how to establish results, identify the reasons that are interfering with your desired results and clarify the importance of results over reasons.
KFT46 Three Positive Outcomes of Activity
When winning becomes the “only thing,” it may actually be more difficult to win. You will learn to accept the joy of the experience and the lessons of failure as well as the thrill of winning. By acknowledging the other two positive outcomes of activity, you create a win-win-win philosophy that takes the pressure off achievement. By letting go of the outcome, you create more income. Tim Gallwey features this philosophy in his “Inner Game” books. This new perspective on activity will create more pleasure and relaxation in the games you play and may be applied to golf, tennis, life, prospecting, listing and selling. Use the R-E-L Worksheet in your outline to plan all three outcomes in your next endeavor.
KFT21-1 How to Enhance Your Five Equities (part 1)
(Part 1 of 2) We can measure our personal equity in five key areas: Physical, Spiritual, Psychological, Intellectual and Financial. The first two are covered here. As you kick off any year, it is important to have both focus and balance. This presentation will lead you through an analysis of each equity and provide the means to enhance each of them. Three supporting videos to watch in conjunction with this presentation are: KFT07 Values Based Goal Setting, KFT10 New Year Action Plan and RL08-5 Bob Wolff Managing the Business, Systems, Staff & Goals.
KFT21-2 How to Enhance Your Five Equities (part 2)
(Part 2 of 2) Continues through the five personal equities of Psychological, Intellectual and Financial. This presentation will lead you through an analysis of each equity and provide the means to enhance each of them. Three supporting videos to watch in conjunction with this presentation are: KFT07 Values Based Goal Setting, KFT10 New Year Action Plan and RL08-5 Bob Wolff Managing the Business, Systems, Staff & Goals.
KFT10 New Year Action Plan
Although this video was designed for the start of a new year, you will learn techniques for starting off any month or any day. Learn how to focus on establishing a budget, converting income to activity and planning daily behaviors to hit your targets. Analyze your business to date to see what is and what is not working. Use a prospecting call log to discipline your daily contacts.
RL14-1 Health and Energy Management – a Wise Investment in Your Business
This is the first of a three part series. The real estate business can create days in which we eat poorly then collapse in exhaustion at the end. We need to create a lifestyle to produces health and energy. Kate Larsen, MCC and CWC, is an executive coach, professional speaker, group fitness instructor, certified personal trainer and breast cancer survivor. She can show you how to take charge of your health and career today. You will learn how to beat stress and simplify your life. ‘Seize the day’ will be your new mantra.
RL14-2 Health & Energy Management – The Game Plan
In this segment David interviews our guest speaker Kate Larson on establishing a plan to improve your health.
RL16-2 Top 10 Strategies for Getting Unstuck (Part 1), by Verl Workman
The wheels are spinning, but are you getting anywhere? Popular coach and trainer Verl Workman is back with a new presentation: Top 10 Strategies for Getting Unstuck. Verl’s high energy delivery and practical techniques are getting rave reviews. Watch this two-part video on recognizing your situation, making a change and never looking back.
RL16-3 Top 10 Strategies for Getting Unstuck (Part 2), by Verl Workman
This is part 2 of Verl Workman’s Top 10 Strategies of Getting Unstuck starting with step five. Make sure to watch RL16-2 for steps one through four. Verl is a 20-year veteran in the industry and knows how to get you and your business moving again.
KFT47 Managing Rejection
It is a mathematical certainty that at some point in your career you will be rejected. Rejection is part of business and life, especially if you're in sales. In KFT47: Managing Rejection, I will show you how to accept rejection, place it in it's proper perspective, and see how to use it as a means to move forward.
Get re-started
MS01-1 Introduction to Prospecting
Shows agents how to master the very fundamental skill of contacting prospects determining who is ready, willing and able to buy NOW. Introduction to the characters who will be the buyers and sellers in the role play demonstrations. Being Good vs. being There. The majority of time in this business is the act of prospecting. Overview of coming topics: Active vs. Passive sources, the importance of being systematic and role play demonstrations.
KFT14 Mastery of the Game of Selling
By treating selling as a game, you become less attached to the outcome, reduce your stress, relax and actually perform better. This is an introduction to the concept of natural, feedback-sensitivity selling. It is a refreshing way to approach the selling process. If you have ever been in a situation in which you did NOT want the sale, then you can relate to this type of selling. Learn how you can recreate that feeling with every client. Intead of focusing on what you "get" from a sale, focus on what you must "give."
KFT29 Results vs. Reasons
All too often people ask HOW things are done versus the deeper issue of WHY things are done. As a real estate agent, you are not lacking information on how to do things; the question is, “Why aren’t you doing them?” Learn how to address procrastination, perfectionism, being overwhelmed and desiring the easy path. You will also learn how to establish results, identify the reasons that are interfering with your desired results and clarify the importance of results over reasons.
KFT33 Make 2011 a Good Year
Glad to have 2009 and 2010 over? Well it's up to you to make sure that 2011 brings more productivity…and fun. How sad would it be to miss out on a good year by not being prepared for it. This video will ground you in some fundamentals to get you started on the right foot.
KFT34 Discover Your Personal Values
This is a personal experience exercise that will help you determine your top values. Be ready to take 30 minutes to follow along as David leads you through a discovery of your values as chosen from a list of 16. Print out the two worksheets: KFT34 WORKSHEET Values Cards and KFT34 WORKSHEET Values List. At the end of this video you will have a basis for a business plan and personal goal setting. Values - Goals - Objectives are the three elements of life planning. This video picks up where KFT07 left off.
RL01-1 Be There, Sources, Follow Up, Systematic
Four ways to increase income. Being good gives you the right to be in the business, being There is how you get paid. Agent demonstration of anniversary call to a past client, post interview. Avoid avoidance. Person on the street interviews about their real estate agents. This makes a point. The importance and ways to follow up. Discipline to stay on task using daily plans, systems, Activity vs. Income relationship. Comfort zones. How to use a prospecting call log.
RL01-2 Contact Management, Referrals
How to use a contact management system. How to make your database valuable and functional to generate business from your sphere of influence. Fill it up, follow up. Skill of determining who is a prospect based upon their timing and urgency. Learn how to ask time-based questions. A very important skill. How to question for motivation. Agent demonstration of calls. Interviews with agents about their prospecting challenges. Great interview with Marty Siegel on how he generates $30 million in sales from referrals. This will inspire you. The two key questions to ask to get referrals. Avoid the two wrong questions. Agent demonstrations of calling to use these questions to get referrals. Great demonstration.
KFT07 Values Based Goal Setting
An exercise in personal goal setting. Three levels of life planning: Values, Goals and Objectives. Use this information for your personal and professional goals to achieve balance in your life. Exercise: “If you don’t have what you want in life, why not?” You end up with either Results or Reasons. Guides to goal setting; a list of criteria to use when making your goals. See a list of values that must be the basis for any goal if you are to truly achieve it.
KFT10 New Year Action Plan
Although this video was designed for the start of a new year, you will learn techniques for starting off any month or any day. Learn how to focus on establishing a budget, converting income to activity and planning daily behaviors to hit your targets. Analyze your business to date to see what is and what is not working. Use a prospecting call log to discipline your daily contacts.
KFT18 Fall Back Into the Game
This session is to help you kick off your fall season (or any season) by reconnecting with your sphere of influence and organizing your Facebook lists. You’ll see how to use key questions to determine the moving situations of people on your list. See how to organize your Facebook lists into groups to determine what information and photos your friends see. See how to properly respond to friend requests. Finally, hear some tips on how to clean up your written communication.
KFT39 PDA Perseverance, Discipline, Action
For some of you, this is the most difficult market…ever. And even the best markets present their difficulties, so this topic will help. Many agents are wondering what the secret is. The fact is, there is no secret. It takes P.D.A. This topic will help you develop the internal strength to carry on, the motivation to get back in the game and get you back to making money and enjoying life. There still IS a market and real estate agents are getting it. But it requires Perseverance; the dogged commitment to action and Discipline; the focus on long term reward over of immediate gratification. And finally, this video will remind you of the fundamental actions that generate business. Time codes: 02:31 Perseverance, 09:00 Discipline, 14:00 Action.
KFT25 Life After the Tax Credit
Although this video deals with the end of the tax credit, the concepts apply to re-igniting after any slump. Now you're left with a normal market. Will there be a lull? What will you do to keep your business on track? This video explores the negative side effects of artificial stimulus and how to recover from its effects. Get back to regular prospecting, focus on buyers who want a place to LIVE and persuade your sellers to price right, now.
KFT27 Ten Ways to be The One
Become independent from the mass of average, under-producing real estate agents. Practice these "Ten Ways to be The One" so you'll be The One who is selected by clients and The One who thrives in this market. Four of these will make your clients happy and six of them will make you more productive.
KFT28 Facebook Group Page for Expired Listings
Social media is a tool that can be used to generate leads in many ways. This presentation combines the steps of creating a group page in Facebook account plus techniques for converting expired listings. Even if you don’t use Facebook, you’ll learn dialogs for converting expired listings. You’ll also see how to use the Expired Listing Marketing Pyramid chart in an expired listing presentation.
KFT35 You Make the Call
This video describes the techniques for making outgoing warm calls to your past clients and Sphere of Influence. If you're not being overwhelmed with prospecting calls coming in to you, then you must make the calls out. Download "KFT35 WORKSHEET Telephone Scripts" to help you structure your calls. *Be sure to rate and comment after watching.
RL16-2 Top 10 Strategies for Getting Unstuck (Part 1), by Verl Workman
The wheels are spinning, but are you getting anywhere? Popular coach and trainer Verl Workman is back with a new presentation: Top 10 Strategies for Getting Unstuck. Verl’s high energy delivery and practical techniques are getting rave reviews. Watch this two-part video on recognizing your situation, making a change and never looking back.
RL16-3 Top 10 Strategies for Getting Unstuck (Part 2), by Verl Workman
This is part 2 of Verl Workman’s Top 10 Strategies of Getting Unstuck starting with step five. Make sure to watch RL16-2 for steps one through four. Verl is a 20-year veteran in the industry and knows how to get you and your business moving again.
Social Media
RL11-1 Social Media & Networking, How to Use
In this first of three parts, we provide an overview of social media and networking. We begin by establishing proper terminology then show how to incorporate social media into your prospecting. The way to make money in this arena is to provide relevant content to your participants. We close this part with a list of the common media outlets and an introduction to Facebook.
RL11-2 Social Media, Facebook & Fan Pages
In this second of three parts we focus on Facebook. You will see the Cranbrook team demonstrate how to connect with your sphere of influence, generate leads, use a fan page, post relevant content and post events. Next Brad Hanks gives a brief overview of how to start conversations with your SOI using a fan page. Peggy McNamara continues with techniques on fan pages.
RL11-3 Social Media, LinkedIn, Twitter, Youtube
This part three of three covers the other key social media outlets. You will learn about LinkedIn, Twitter. The Cranbrook team will demonstrate how they use Twitter in their business. Peggy McNamara will demonstrate Twellow, Yelp Biznik, GoDaddy and RSS feeds. David continues by discussing the "Magic Moment" when you make that social connection and how to maximize it. We close with a discussion of YouTube. NOTE: for more information on making a video, watch our Behind-The-Scenes videos under the Support curriculum.
RL11-S1 Facebook Fan Pages by Brad Hanks
NOTE: We have uploaded a NEW set of instructions for creating a fan page. Facebook has changed their site since this video was uploaded. From the Support Materials download "RL-11 S1 WORKSHEET Fan Page Instructions." This is a support topic to Real Estate LIVE!™ #11 Social Media and Networking. Brad Hanks will demonstrate how to create a Facebook Fan Page. You will learn how to create content for this page and how to attract people to it. He will show you all the steps then illustrate with some actual pages.
RL11-S2 Measuring Your Web Footprint by Brad Hanks
This is a support feature to RL11, Social Media & Networking. Brad Hanks believes that you should make an impact on the web with your social media. He will show you how to measure your impact, expand your "footprint" and increase your search rankings.
RL11-S3 REALtalk on Social Media, Brad Hanks
This is a support feature to RL11 on Social Media and Networking. David interviews Brad Hanks and asks many of the same questions that you may have on incorporating social media into your business plan.
RL11-S4 Roggow Article 12
This is a support feature to RL11 on Social Media and Networking. Marcie Roggow will show you how to avoid the violating the Code of Ethics with your posts to social media. If you talk real estate, online, then you need this information.
KFT18 Fall Back Into the Game
This session is to help you kick off your fall season (or any season) by reconnecting with your sphere of influence and organizing your Facebook lists. You’ll see how to use key questions to determine the moving situations of people on your list. See how to organize your Facebook lists into groups to determine what information and photos your friends see. See how to properly respond to friend requests. Finally, hear some tips on how to clean up your written communication.
KFT19 Client and Charitable Giving
The inspiration for this session came from Veterans Day and the Thanksgiving holiday that followed. Learn how to give back to your clients and your community while you touch your past customers and clients. Hear some ideas on how to plan client appreciation events then follow up with photos and Facebook postings. Check out the support topic in Real Estate LIVE!®: RL01-3 Real Touch Promotions
KFT28 Facebook Group Page for Expired Listings
Social media is a tool that can be used to generate leads in many ways. This presentation combines the steps of creating a group page in Facebook account plus techniques for converting expired listings. Even if you don’t use Facebook, you’ll learn dialogs for converting expired listings. You’ll also see how to use the Expired Listing Marketing Pyramid chart in an expired listing presentation.
Buyers
MS10-1 The First Meeting, Needs & Motivation
Buyers are not liars, we just don’t ask the right questions and listen. You must begin the process with a buyer counseling interview. The first meeting; when, where? Pre-counsel the buyer, get personal, understand their lifestyle, reasons, motivation and urgency. Role play demonstration of the first meeting with buyers. Determine whether to buy first or sell first. Determine their housing needs; location, size, rooms and features. Download two lists of buyer questions: MS10 Buyer Questions P1 and P2
RL06-1 Buyer Counseling, Agency, Expectations, Urgency
Although the title refers to first time buyers, the methods work on all buyers. You will learn how to get the buyers who going to buy, buy now and buy from you. How to begin the buyer counseling interview by opening, greeting and establishing rapport. Agent demonstrations by our SELLebrities. See how agents interact with different styles. Buyer agency presentation. Watch agents present the agency disclosures. Education the buyer and managing their expectations to make them more realistic buyers. How do you know if they’re “good” buyers? Determine their motivation by asking the three most critical questions. When are they going to buy? Determine what issues need to be resolved before they buy.
MS10-2 Financial Qualifying & Prepare Buyers to Buy
Give buyers an overview of financial qualifying before sending them to a lender. Role play demonstration of financial qualifying. Prepare and train your buyers to buy. Here’s how to get them ready to make the decision to buy once you find them a home. Address all the possible barriers now, before they arise: how many homes to see, are you ready to buy the first one, willing to pay market value. Role play demonstration of preparing the buyer. Begin the discussion of buyer agency and asking for commitment. Prepare them for find a home quickly and paying market value.
MS11-1 Showing Sequence and Guidelines
Preparing for showings. The DCAB method using the law of contrast to sequence your showings. How to avoid “sticker shock” by playing the game “The Price is Right.” Showing guidelines; delay the feature sheet, save price until the end. Role play demonstration of this. Silence is golden, be quiet. Avoid being Champion of the Obvious. Let them lead the showings and you follow. Role play demonstration of preparing for showings. Pay attention to their feedback, buying signals and complaints. Role play demonstration of showing, debriefing and asking for feedback.
KFT23 Prepare Buyers to Buy
The majority of issues that prevent a sale, or cause it to fail later, could be prevented with a buyer-preparation consultation. Learn how to "test drive" your buyers to see how they will react during the house hunting and sales process. Train them in advance to be good buyers. Minimize the number of showings, increase their initial offer and pre-condition them for objections.
KFT01 Get Your Buyers to Buy Now
*Jan 2011 new support document: Buyer Letter encouraging them to buy now. A buyer’s market brings the challenges of high inventory and skeptical buyers. How do you get them to buy now? This market presents opportunities; many want to wait until the market hits the bottom. However, how will buyers know when the market bottoms out? When the prices start to go back UP. See the benefits of buying before the bottom hits rather than after it. Download and open the support document "Buyer Letter Why Buy Now" in Microsoft Word. Edit it as you choose and make it your own. Then send or email it to your current Sphere of Influence.
KFT37-1 Managing the Non Urgent Buyer, Barry Berg, Part 1
Part 1 of 2. David interviews Barry Berg, one of the top real estate agents in Minnesota. He holds an MBA from Harvard and sets the bar for production and professionalism in real estate. He is also recognized as the leader in upper bracket home sales in the Minneapolis area. In this interview Barry discusses the techniques of managing buyers who feel little urgency to purchase a home. You will hear how he presents value, ownership tenure, perfection syndrome, scarcity, exit strategy and waiting for the bottom. Part 2 continues with a discussion of buyers waiting until the market bottoms. The Client Survey referenced in Part 2 is a support document to KFT18: “KFT18-WORKSHEET Client Survey.doc”
KFT37-2 Managing the Non Urgent Buyer, Barry Berg, Part 2
Part 2 of 2. Part 2 continues with a discussion of buyers waiting until the market bottoms. David interviews Barry Berg, one of the top real estate agents in Minnesota. He holds an MBA from Harvard and sets the bar for production and professionalism in real estate. He is also recognized as the leader in upper bracket home sales in the Minneapolis area. In this interview Barry discusses the techniques of managing buyers who feel little urgency to purchase a home. You will hear how he presents value, ownership tenure, perfection syndrome, scarcity, exit strategy and waiting for the bottom. The Client Survey referenced is a support document to KFT18: “KFT18-WORKSHEET Client Survey.doc”
RL06-2 Needs & Motivation, Financial
Satisfying need is the basis of all selling. You must diagnose before you prescribe. Determine their specific housing needs, then proceed to uncovering their dominant motivation, the emotion that will ultimately drive their purchase. Use the internet and/or MLS computer to eliminate homes now so you don’t have to actually show properties they won’t buy.
RL06-S1 Financial Qualifying Interview
Watch a complete financial qualifying interview conducted by finance professional Robert O'Toole.
RL06-S2 Financial Qualifying with Debbie Morris
Debbie Morris conducts a financial qualifying interview with a first time buyer.
RL06-3 Agency and Loyalty, Prepare them to Buy, Showing
Continue to present agency and ask for loyalty. You want the buyers to buy from you. Teach agency up front, then get a signed agreement now. Agent demonstrations of presenting agency and asking for loyalty. Prepare your buyers to buy by addressing key issues up front: how many homes they should see, when they expect to find a home, feeling about paying market value. Review the contract to get them prepared. Agent demonstrations. Showings by the agents to their buyers. Follow the agents through the homes using the proper methods for showing. Use silence to enhance the process. Learn how to overcome objections by not answering.
RL08-4 Working with Buyers, Showing
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. In this session Bob discusses and demonstrates how he works with his real buyers. Begins in the car on the way to his showings through his actual showing process. Next he discusses his sales philosophy and the importance of listening instead of talking. He continues through more showings with his buyers. Next, Bob debriefs the showings with his buyers. Skills for the future; what will you need to be able to do to succeed in the future. But still, we need human contact, rapport, listening and trust.
KFT16 The Low Appraisal & the HVCC
The Home Valuation Code of Conduct has produced an unintended consequence of having appraisals performed by out-of-area appraisers, coming in low and killing the transaction. Learn how to prepare your sellers and buyers for these appraisals, plus techniques for saving the transaction once it does come in low.
RL10-S1 Loan Fraud by Oliver Frascona
Oliver Frascona has long been one of this industry's favorite attorneys. He is accurate, funny and here to help you conduct your business within the bounds of law and ethics. In this release he discusses the dangers of loan fraud.
KFT42-1 Ten Tips for Better Showing, Part 1
Knox First Tuesday 42 is "Ten Tips for Better Showings." Part One - Tips 1 through 5. The act of showing homes to prospective buyers is one of your most important presentations, yet this skill is often underdeveloped. In this two-part video you will learn how to manage buyer expectations, engage their emotions, deal with objections and prepare them to buy. You will definitely have more fun on your next showing!
KFT42-2 Ten Tips for Better Showing, Part 2
Knox First Tuesday 42 is "Ten Tips for Better Showings." Part Two - Tips 6 through 10.
KFT43-1 The Buyer Side of Short Sales, Part 1
This begins our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 1 features an interview with two professional short sale negotiators as they discuss the benefits, misconceptions and first three steps of the short sale approval process.
KFT43-2 The Buyer Side of Short Sales, Part 2
This continues our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 2 completes the interview with the short sale negotiators as they address the final three steps of the approval process and the questions a buyers' agent should ask the listing agent of a short sale.
KFT12 Securing Higher Offers
After learning how to present low offers, here’s how to avoid them in the first place. Regardless of whom you represent, you must write an agreement that has a chance of acceptance. Focus on interest instead of position, establish an objective standard. Play the real estate version of the game “The Price is Right” to prepare buyers to pay full price.
KFT43-3 The Buyer Side of Short Sales, Part 3
This concludes our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 3 is an interview with a real estate agent who has experienced a 100$% closing ratio with short sales. He addresses all the issues presented in Part 1 and 2, but from an agent's perspective.
MS11-2 Closing, Purchase Agreement
Begin the closing process; where should you be when you close? When they’re ready to buy: let them. Role play demonstration of returning to their current home to write a purchase agreement on their next one. How to get a full price offer. Getting the “good deal” or getting the “good house.” Handling difficult offers. Role play demonstration of the low offer and the very low offer. Presenting the seller options: accept, reject, counter, accept another. How to present the value of the home and negotiate the offer. “If you don’t get the house, what would you do with the $10,000 you saved?” How to get higher offers. Role play demonstration of the multiple offer situation. Skills of getting your offer accepted.
RL10-S2 Discovering Buyer Objections, Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will learn how to master the "Discovery" step of the P.A.I.D. process. The key skill to master before answering an objection is the ability to question it to discover the real issue. For more information on Connie, go to: http://www.conniepodesta.com/
RL12-S2 ARM Financing by Pat Zaby
Pat Zaby, CRS Instructor, explains how to use Adjustable Rate Mortgages as a benefit to buyers. Pat answers questions: Who is the best candidate for an ARM? How much do buyers save on an ARM? How do the rates change? What is the break-even point?
RL12-S3 Financial Benefits of Owning by Pat Zaby
Pat Zaby, CRS Instructor discusses the benefits of owning vs. renting. Learn how to secure proper financing for your buyers. Consumer difficulty in securing financing is a root problem for buyers. You capture a niche in the market by providing financial advice and getting buyers to buy NOW. Calculate the financial comparison between renting and owning.
RL12-S4 Overcome Buyer Objections with Financing Information by Pat Zaby
Having a tough time getting your buyers to buy? Pat Zaby, CRS Instructor shows you how to overcome buyer objections using financing information. Objections: cost of waiting to buy, affordability concerns by reducing to the difference.
Listings
MS06-1 Preparation for the Listing
The first meeting with a seller to determine their situation; diagnose before you prescribe. This is the key skill of listing. One call vs. two call. How to prepare for your listing presentation. Overview of a pre-listing package and the benefits of its use. Getting raving fan brag letters. How to establish trust and make a positive first impression. Matching their pace. Story: “That is how we listen too.” Role play demonstration of the first meeting with a seller. Find common ground, look for personal items and relate to their interests.
RL04-S1 Powerful Pre-Listing Package Ideas
You can establish your credibility with sellers by sending a pre-listing package before you arrive for your listing appointment. These top agents share the secrets of the packages they send to their sellers.
MS07-1 How to Open a Listing Presentation
This is the most key skill of a real estate agent: the listing presentation. How to open a listing presentation. This is the step immediately following the seller counseling and property tour. The importance of visuals in your presentation. Re-establish their needs before proceeding with the listing presentation. Role play demonstration of summarizing the sellers’ needs. The Marketing Process chart as a track to follow throughout the presentation. Divulge weakness early as a way to establish trust. Role play demonstration of divulging a weakness.
MS06-2 Establish Trust & Determine Motivation
How to establish trust with your sellers and buyers. Advanced technique; divulge weakness early. How to delay the the discussion of price by delaying the tour of the home. Opening presentation explain the steps of the listing process. Role play demonstration. Determine seller motivation and urgency as a basis of the rest of the listing presentation. Role play demonstration of determining the seller situation. Have they definitely decided to move? Why? What are they looking for in a real estate agent? They provide all the needs necessary on which to build a listing presentation. Determining whether to do one call or two call.
RL03-2 Seller Counseling: Motivations, Expectations, Readiness to List
All listing decisions are emotional so you must be able to probe beneath their reasons to their motivation. You must also determine who is a real seller now. This is the basis of EVERYTHING you will do with sellers from now on. List of Dominant Motivations. Difference between a reason and a motivation. Agent demonstrations of asking “why” based questions to get to motivation. If you want to get a listing or win a competitive listing situation, the sellers will actually tell you what to do to get their listing...if you ask the right questions. Question to learn their expectations of a real estate agent. Key questions to ask sellers. Agent demonstrations of probing seller expectations. If you know the seller’s expectation of value and price, you can structure accordingly. Agent demonstrations of asking opinion of value. Now you must test whether they’re ready to list with you. Before you present your CMA, you must know whether they’re going to hire you. This will also bring out any objections they have so you can address them.
RL03-1 Seller Counseling: Needs, Interview Skills, Motivation
You must begin with the Need in mind; Need Satisfaction Selling. NFB Selling: Need-Feature-Benefit. How to establish trust and rapport. Agent demonstrations of the first meeting of a listing presentation; opening and rapport. Key questions to ask to determine the seller’s motivation. Open vs. Closed questions. Agent demonstrations of conducting seller counseling interviews.
KFT13 Seller Motivation: Sell or Stay
Overpriced listings are usually the result of lack of seller motivation. This seminar addresses the key question; “Do you want to Sell or Stay.” If you’ve ever presented all the facts to the sellers (Education), and they still don’t want to adjust the price, then it’s probably a motivation issue. You MUST divide all your inventory into two categories: those sellers who want to Sell and those who want to Stay. Use the "Sell or Stay" cards with your sellers!
MS07-2 Acceptance & Marketing Plan
Create acceptance: move them from pain to pleasure. The difference between a feature and a benefit and how to present them. N-F-B statements. Need-Feature-Benefit. Present your Marketing Plan. Present the solutions that satisfy their needs. Wendy’s research example. Present the concept of Target Marketing in which you tell the sellers who the most likely buyer will be based upon your research and expertise. Avoid being a commodity. Value Added selling describes your point of difference? Role play demonstration of presenting points of difference. This may be the most important role play to watch over and over. Ends with bloopers.
MS07-3 Close for the Listing
You’ve presented your listing features and benefits and now it’s time to get their decision to list with you. Summarize the benefits and ask for the order. Act or Ask. Assertive vs. Aggressive closing techniques. Sellers will run out of excuses not to list. Definition of closing: getting a “yes” or getting a “no?” To get a Decision. Give people permission to say “no” in order to make it easier for them to say “yes.” Role play demonstration of closing on a seller. Servicing and Marketing: telling your seller what you will do now. Role play demonstration of disclosures, inspections, Fair Housing, agency and representation, privacy of the home during showings, and signing the listing agreement. Ends with bloopers
RL08-3 Securing Listings, Pricing & Commission Objections
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob. In this session he discusses his listing process. Most of his listings are two-call presentations with some exceptions. On his first call he delays price, builds rapport, establishes credibility by being prepared with property information. Watch how he establishes his competitive difference. He sets up a later time to return for the listing presentation and CMA. He sets himself apart by conducting personal preview of the competitive homes on the market; simple, yet effective. The second call: goal to get the listing, get it at his price. Here’s how he avoids getting into price until he has some commitment to list. He presents his marketing plan. See how he uses a “house counting” home to establish value. Hear his rant on whether new agents could do what he does. Fun ranting answer! Marketing the listing, how to get MLS involvement immediately, get it staged right. He really focuses on preparing the home to sell. In the final section he discusses how he handles pricing objections and commission objections.
RL09-S1 Russell Williams Listing Part 1 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 1 of 4. Motivation and Marketing.
RL09-S2 Russell Williams Listing Part 2 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 2 of 4, Motivation and Marketing continued.
RL09-S3 Russell Williams Listing Part 3 of 4
Russell Williams continues his listing presentation into pricing and commission discussions.
RL09-S4 Russell Williams Listing Part 4 of 4
Russell Williams continues his listing presentation into the final close and signing of the papers.
RL04-24 Legal Aspects of Inspections by Frascona
Oliver Frascona is one of our favorite speakers and attorneys. He will address the home inspection process and how to keep it legal.
KFT08 The Upside-Down Seller
This economy has produced thousands of sellers whom owe more on their mortgage than their home is worth. There are no good alternatives, only less painful ones. Learn how to deal with sellers who are upside down and when sellers should be held accountable for their lack of equity. Watch an agent make a presentation to a seller who has refinanced. This next video that follows this is “Knox First Tuesday” #15 on short sales as the next option.
KFT43-1 The Buyer Side of Short Sales, Part 1
This begins our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 1 features an interview with two professional short sale negotiators as they discuss the benefits, misconceptions and first three steps of the short sale approval process.
KFT43-2 The Buyer Side of Short Sales, Part 2
This continues our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 2 completes the interview with the short sale negotiators as they address the final three steps of the approval process and the questions a buyers' agent should ask the listing agent of a short sale.
LS01-4 Separate Listing from Pricing, Pricing Listings in a Buyer's Market
This part 4 from the live seminar taping of "Pricing Listings in a Buyer's Market" resolves the issue of when you should address price with your sellers. Should you delay the discussion of price or lead with it? These two discussions should be separate from each other and the listing decision should be based on your competence, not your agreement to their price.
KFT15 Overview of the Short Sale
This is not a seminar on short sales, but an overview of the process and requirements for the successful completion of one. You will be able to recognize the listing situations in which your sellers qualify for a short sale instead of the drastic step of foreclosure. The seller options are: sell, stay, rent, foreclose or short sale. To really learn the process of dealing with a short sale, David recommends the Certified Distressed Property Institute. To receive $100 off the course, go to: www.cdpe.com/davidknox
KFT43-3 The Buyer Side of Short Sales, Part 3
This concludes our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 3 is an interview with a real estate agent who has experienced a 100$% closing ratio with short sales. He addresses all the issues presented in Part 1 and 2, but from an agent's perspective.
KFT31 Pre-Listing Inspections
Don't kill the chances of selling your listings due to unknown inspection issues. Getting a pre-listing inspection is one of the smartest things you can do in this market. You will learn the benefits of doing pre-listing inspections and how to persuade your sellers to do them.
KFT38 Extreme Property Preparation
In a market with competition from a large inventory of listings, you need to make your listing stand out. In this video you will see how to take property preparation to a higher level so your listings will gain positive buyer attention. You can't just turn on the lights and make the beds. Some of your sellers will need to do a complete makeover. Having this plan to dispose of the home contents to six specific places will make the job easier on the sellers. NOTE: If you want a GREAT way to dispose of trash, watch this NBC Video: http://www.nbc.com/saturday-night-live/video/yard-a-pult/1345285
KFT32 Keeping Sellers Happy in an Unhappy Market
At the end of the year you need to be sure your sellers are happy and ready to continue working with you into the next year. This requires that your inventory of listings is priced right and prepared to sell. This video shows you how to improve the marketability of your listings as you prepare for the new year.
Pricing objections
LS01-1 Market Challenges, Pricing Listings in a Buyer's Market
This is the first of a series of presentations in front of a live audience. This is chapter 1 of "Pricing Listings in a Changing Market" that addresses the challenges you face in today's market.
LS01-2 Pricing Denial Syndrome, Pricing Listings in a Buyer's Market
This is Chapter 2 of "Pricing Listings in a Buyer's Market" that addresses Pricing Denial Syndrome...the sellers' disbelief in the current market valuation. This is part of a new series of videos taped in front of a live audience.
KFT06 Separate Pricing from Listing
Too many agents lead with price on a listing presentation. If you lead with price, you’ll lose with price. You must separate these discussions by presenting marketing first and saving price until last. No, the sellers don’t want it this way, but after this session, you’ll be able to use this method. See a sample presentation of five key pricing charts from The Pricing Illustrator† to begin every listing or pricing presentation.
KFT13 Seller Motivation: Sell or Stay
Overpriced listings are usually the result of lack of seller motivation. This seminar addresses the key question; “Do you want to Sell or Stay.” If you’ve ever presented all the facts to the sellers (Education), and they still don’t want to adjust the price, then it’s probably a motivation issue. You MUST divide all your inventory into two categories: those sellers who want to Sell and those who want to Stay. Use the "Sell or Stay" cards with your sellers!
KFT03 How to Cure P.D.S. Pricing Denial Syndrome
No matter how bad the market gets, no matter how much evidence is presented, some sellers just do not believe that it applies to their home. Many sellers are in denial. You must have methods and communication skills to break through their belief system. See the steps to getting a price reduction on your listing and wow to use the media as a partner to encourage sellers to reduce their price.
RL07-2 Pricing: Seller Education
Educating sellers to price, or reduce to market value in a declining market. Agent demonstration of presenting pricing and market trends. Using the media to enforce and support your pricing. Internal vs. external pricing influences. Using statistics: competing units by price range, days on market by price range, new listings vs. solds. Interviews with SELLebrity agents. Agent demonstrations of getting price reductions. One of the best demonstrations ever of Cindy Sanders doing a CMA Field Trip with a seller to play the “Price is Right” game to get a price reduction. This is priceless!
RL07-1 Dynamics of a Changing Market, Seller Motivation
Market Dynamics. Knowers vs. Learners in times of change. The differences when moving from a sellers market to a buyers market. Fewer agents will be competing for less business providing a chance to gain market share. They buyers aren’t coming to you, so you must 1. go to them and 2. lower the price of your listings. Listings still control the market. Two key problems: lack of Education, lack of Motivation Seller Motivation: are they going to Sell or Stay? Actual demonstration of agents addressing seller motivation. Interviews with the SELLebrity agents about seller motivation. Key questions to ask to determine motivation. Benefits of buying up in a down market. Focus on Net appreciation instead of the peak.
RL07-3 Absorption Rate, Price Reductions, Upside Down Sellers
How to compute and present Absorption Rate to use months of supply to price properly. Agent demonstrations of presenting absorption rate. See a list of the seps to securing a price reduction from your sellers. Cindy Sanders does an excellent demonstration of working with a seller who is upside down because they refinanced. She does a net sheet at the price had then not refinanced. This is beautiful. Agent demonstration of securing price reductions.
MS09-2 Respond to Pricing Objections
How to respond to specific pricing objections. Role play demonstration: “Our home is better”, “They can always make an offer”, “We can always come down”, “Couldn’t we just try it for a couple of weeks.”, “We’re moving to a higher priced market”. Demonstrate cost vs. value, principles of evaluation, regression vs. progression, absorption rate, pricing strategies for a changing market, buying up in a down market. We have created a product called "The Pricing Illustrator" that contains 48 charts and a 20-page User Guide. It is available as a PDF download for $59. Go to: https://www.davidknox.com/shop/the_pricing_illustrator/
RL08-3 Securing Listings, Pricing & Commission Objections
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob. In this session he discusses his listing process. Most of his listings are two-call presentations with some exceptions. On his first call he delays price, builds rapport, establishes credibility by being prepared with property information. Watch how he establishes his competitive difference. He sets up a later time to return for the listing presentation and CMA. He sets himself apart by conducting personal preview of the competitive homes on the market; simple, yet effective. The second call: goal to get the listing, get it at his price. Here’s how he avoids getting into price until he has some commitment to list. He presents his marketing plan. See how he uses a “house counting” home to establish value. Hear his rant on whether new agents could do what he does. Fun ranting answer! Marketing the listing, how to get MLS involvement immediately, get it staged right. He really focuses on preparing the home to sell. In the final section he discusses how he handles pricing objections and commission objections.
KFT08 The Upside-Down Seller
This economy has produced thousands of sellers whom owe more on their mortgage than their home is worth. There are no good alternatives, only less painful ones. Learn how to deal with sellers who are upside down and when sellers should be held accountable for their lack of equity. Watch an agent make a presentation to a seller who has refinanced. This next video that follows this is “Knox First Tuesday” #15 on short sales as the next option.
KFT16 The Low Appraisal & the HVCC
The Home Valuation Code of Conduct has produced an unintended consequence of having appraisals performed by out-of-area appraisers, coming in low and killing the transaction. Learn how to prepare your sellers and buyers for these appraisals, plus techniques for saving the transaction once it does come in low.
RL07s David Counsels a Seller
This video outtake captures David talking to a FSBO/expired seller about why she is not getting offers on her home.
RL10-S3 REALcoach: Overcoming Objections, James Robinson, Part 1
In part one of this REALcoach session, David will introduce the the P.A.I.D. technique to address objections. Part one concentrates on pause and acknowledgment by role playing different scenarios with real estate agent James Robinson.
LS01-3 The Pricing Intervention, Pricing Listings in a Buyer's Market
This is Chapter 3 of "Pricing Listings in a Buyer's Market" that discusses how to break through the sellers' denial of the present market situation. Few sellers can believe that the value of their home has fallen so low. You need compassion and assertiveness to lead them to the truth.
LS01-4 Separate Listing from Pricing, Pricing Listings in a Buyer's Market
This part 4 from the live seminar taping of "Pricing Listings in a Buyer's Market" resolves the issue of when you should address price with your sellers. Should you delay the discussion of price or lead with it? These two discussions should be separate from each other and the listing decision should be based on your competence, not your agreement to their price.
LS01-5 Seller Motivation, Sell or Stay? Pricing Listings in a Buyer's Market
In this fifth chapter of "Pricing Listings in a Buyer's Market," you will learn how to address THE most important part of pricing: Seller Motivation. The sellers need to resolve whether they want to sell or stay.
LS01-6 Why Sellers Should Sell, Pricing Listings in a Buyer's Market
This is chapter 6 of Pricing Listings in a Buyer's Market, a live presentation by David Knox. It will provide the methods and dialogs to you persuade your sellers to sell in this challenging market. If you have sellers who say "I'm not moving unless I get my price," then this video will help you. It addresses the topics: Why sellers should sell, Three more options, Pay now or pay later, Source of statistics, "But we need the money" objection, Buying up in a down market and Sources of cash to buy up.
LS01-7 Present Market Data, Pricing Listings in a Buyer's Market
This is the seventh of nine chapters. This session covers how to present the market data to a seller using Principles of Evaluation, the CMA, Preparation for the Pain, Internal vs. External Influences and Absorption Rate. You will find a link to our pricing presentation PDF document called The Pricing Illustrator.
LS01-8 Demonstrate Dramatically, Pricing Listings in a Changing Market
Convincing sellers to price properly may require you to go beyond just presenting data. You may have to add drama through metaphor and demonstration to make your point. This segment shows you how to use an X-ray, media, competition for sale, a Pricing Storybook and a "CMA Field Trip" to persuade your sellers.
LS01-9 Price Reduction & Objections, Pricing Listings in a Buyer's Market
In this final segment of "Pricing Listings in a Buyer's Market" you will learn how to secure a price reduction on a current listing and handle the typical objections of "We can always come down" and "Couldn't we just try it for a couple of weeks?"
Follow up & qualify
KFT22 Managing Leads
Getting a lead is one thing, converting it is another. This seminar will focus on how to respond, qualify, secure prospect information, follow up and seek final resolution. Whether the lead comes from the internet, telephone or any other prospecting source, these skills apply. Great support materials include: -RL08 Telephone Call Log.doc, -RL01 Worksheet - Prospecting Contact Log, -MS10 Buyer Questions Part 1 and Part 2, and -KFT22 Lead Conversion Questions
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
MS01-3 Who is Ready, Willing & Able
Philosophy of selling: instead of forcing people to act, find those who are already acting. Deepak Choprah philosophy: Let Go of the outcome. Key skill of DISqualifying. The Three Critical Questions to ask buyers. Story of Mom working with real estate agents on Marco Island. Role play demonstration of asking key questions. What other questions to ask prospects. Probability Ranking of prospects. How to prioritize them by motivation. Probe for motivation. All purchases are to satisfy motivation. Exercise of asking audience who has purchased something unemotionally. Emotion comes from running out. How to probe for motivation by asking why-based questions. Reasons vs. Emotions. Role play demonstration of asking “why.”
KFT22s Call Logs and Automated Systems
The "s" is for support. These two sub topics were moved from KFT22 to this support video. The first topic is a review of how to use a prospecting call log to keep you on track with the discipline of taking action. The second topic is a presentation of the key elements of a contact management system and how to automate your follow up. Download support material: RL01 Worksheet - Prospecting Contact Log.pdf
RL03-S2 The Art of Active Involvement - Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will become better at interacting with prospects, clients and family. For more information on Connie, go to: http://www.conniepodesta.com/
Selling Skills
KFT14 Mastery of the Game of Selling
By treating selling as a game, you become less attached to the outcome, reduce your stress, relax and actually perform better. This is an introduction to the concept of natural, feedback-sensitivity selling. It is a refreshing way to approach the selling process. If you have ever been in a situation in which you did NOT want the sale, then you can relate to this type of selling. Learn how you can recreate that feeling with every client. Intead of focusing on what you "get" from a sale, focus on what you must "give."
KFT24 Seven Steps to Building Rapport
Rapport is the first step to a successful prospecting call, a presentation or any relationship. Learn how to consciously apply the seven basic steps of establishing that early comfort in your transactions. This video will show you how to be the person that clients seek out. A great competitive advantage!
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
KFT05 Managing Expectations
Ever had a seller complain that their home sold too fast? Ever had an appraisal come in too low? Has a buyer found a home first time out, then wanted to see more? All of these are problems not of reality, but unrealistic expectations. You must anticipate and prepare for problems. Answers to specific objections that could’ve been handled up front.This presentation is the basis of handling all difficult situations in real estate.
RL13-1 Selling Value by Targeting Trends, Thom Winninger
Thom Winninger is a past president of the National Speakers Association and and the author of numerous books on selling. In this video you will learn how to differentiate your self by moving from Product, to Process to Purpose. This video is a great support to "KFT04 No Difference? No Deference" and "KFT26 Creating Unique Selling Propositions Difference."
KFT04 No Difference? No Deference.
How to overcome commission objections by having and presenting a point of difference. Will people spend more money for more value? Yes. You must deliver value. Don’t let price be your only difference. Avoid being a commodity, instead, sell difference. There are eight categories of differences in a listing presentation. Learn ways to add value to your clients to minimize the request for a commission cut.
KFT26 Creating Unique Selling Propositions
This seminar will help agents with no writing skills to structure powerful, targeted sales copy that will entice prospects to engage your services. You’ll be able to identify your primary customer, recognize your Unique Selling Propositions then structure USP statements that add pizzazz to your selling. You’ll use this skill to appeal to your customers, differentiate yourself from competitors and quickly explain your service to others. These USP's can be written for your web site, marketing, advertising and emails.
RL09-1 Closing, Assertive vs. Aggressive, Closing Mistakes
What is closing...getting a “yes” or getting a “no?” It’s getting a decision. Don’t take “maybe” for an answer. Agent demonstrations of asking for the order. Demonstration of closing on a FSBO. Assertive vs. Aggressive closing. How to close, but not be high pressure. The decision must be in the best interests of your customer or client. Closing mistakes. Here’s how to avoid all the common mistakes agents make like talking too much, waiting till the end, using a trial close as a close.
RL09-2 Closing: Needs, Implied Consent
All closing must be based in the customer and client needs. Agent demonstrations of establishing their needs. Implied consent, assumptive closing in which you proceed as if you have the sale or listing. If they don’t stop you, then continue to the decision. If you were on a listing and knew you were going to get the listing, how would you proceed? Techniques: take a sign to the property, have a feature sheet prepared, have them do homework, write all their answers on a contract, ask for a house key, etc. See a Closing Worksheet that you can use to confirm seller decisions. Agent demonstrations of assumptive closing. Measure your closing skills by what you ask, not how they answer.
RL09-3 Trial Closing, How to Close, Types of Closes
How do you know when to close? How do you know if it’s OK to close? Use trial closes to test their feelings, opinion and readiness to decide. Agent demonstrations of trial closes. How to Close: Need-Benefit-Ask. The Best Close: just start writing. Recognize the attitude of acceptance. When they’re ready to list, let them. Be aware of buying signals. Recognize when you’re not going to get the listing or sale. Types of closes: minor point, alternative choice, assumptive, etc. Agent demonstrations of their actual final close. How many “no”s will you experience before they say “yes?”
RL10-1 Objections: Anticipate, The PAID Method, Pause
Instead of jumping to an answer to an objection, follow a process first. First, anticipate and prepare for objections. Most objections in real estate are known so you should never be surprised. Divulge weakness early and bring up the objection first. The P.A.I.D. process: Pause, Acknowledge, Isolate and Discover. Pause, the most important first step. Avoid the push-back response and let the customer deal with it first. Agent demonstrations of pausing after all of his buyer’s objections. Finally they start answering their own concerns! This is great.
RL10-2 Objections: Acknowledge, Isolate, Discover
Before, or after the pause, you must let the customer know that you were listening and that you’re considering their concern; acknowledge. Then question the objection to understand the real issue. Agent demonstrations of these skills. Now you must isolate the objection to see if there are any more and determine what is the real issue. Be sure you uncover all the concerns before you even think about answering. Seinfeld example: gets blood out of your clothing. Sample questions for isolating the objection. Agent demonstrations of the PAID process. Great pause by Tammy Fadler! Discover; the process of questioning their position and probing for the basis of their objection. Help the customer resolve their own issues. Example of isolating the objections on an offer presentation. Example of the game “Password” as a way of getting your customers to answer their own concern. Agent demonstrations of the Discover technique.
RL10-3 Objections: Attitudes of Resistance, Answering Objections
Three attitudes of resistance: Objection, Doubt and Indifference. How to respond differently to each. The purpose of Discovery is to determine their attitude so when you proceed to the Answer step, you’ll respond properly. Answering objections. Even when you do have to answer, phrase it as a question and ask them to resolve the issue first. Lead them to the answer. Techniques for creating specific answers. Reduce it to difference in time or money rather than addressing the entire amount. Agent demonstrations of answering objections. Final exercise that really makes the point that you almost never have to answer an objection; “What didn’t you like about the last home you bought?”
RL03-S2 The Art of Active Involvement - Connie Podesta
Connie Podesta is a Board Certified Professional Counselor, top speaker and expert on listening...which she prefers to call active involvement. In this interview by David, you will become better at interacting with prospects, clients and family. For more information on Connie, go to: http://www.conniepodesta.com/
RL12-S1 Two/One Buydown by Pat Zaby
Pat Zaby, CRS Instructor, is one of the real estate industry's top speakers on using finance as point of difference. In this video discover how financing concessions and knowledge of buydown options can make you stand apart from the competition.
KFT30-1 Generational Marketing Part 1
There are four distinct generations in the marketplace that each have their own communication style and marketing preferences. Your job is to have an awareness of the generations and figure out a marketing strategy aroun them. Part 1, of 2, in Generational Marketing covers the Forgotten/Silent Generation as well as Baby Boomers.
KFT30-2 Generational Marketing Part 2
Generational Marketing Part 2. of 2, focuses on the characteristics and interaction skills when dealing with the final two of the four generations in today's marketplace: Generation X and Generation Y.
RL04-S3 REALcoach
Watch David coach agents one-on-one after showing video of their actual presentations with clients. Agents will learn how to develop feedback sensitivity and managers will gain coaching skills.
RL05-S4 Extended DISC®
If you've ever heard someone described to as a "High D" or a "Low S," they may be referring to the behavioral descriptions from the four behavioral types in the Extended DISC® system. Use the information to identify differences in your clients and plan strategies to interact more effectively with them. Markku Kauppinen is an employee and expert with Extended DISC North America Inc.
KFT42-1 Ten Tips for Better Showing, Part 1
Knox First Tuesday 42 is "Ten Tips for Better Showings." Part One - Tips 1 through 5. The act of showing homes to prospective buyers is one of your most important presentations, yet this skill is often underdeveloped. In this two-part video you will learn how to manage buyer expectations, engage their emotions, deal with objections and prepare them to buy. You will definitely have more fun on your next showing!
KFT42-2 Ten Tips for Better Showing, Part 2
Knox First Tuesday 42 is "Ten Tips for Better Showings." Part Two - Tips 6 through 10.
RL16-1 How to Be a Freaklng Sales Animal, by Verl Workman
Verl Workman is a 20-year industry veteran presenting seminars on sales and technology. In this segment he will help you improve your selling skills by accepting the role of being a salesperson, staying focused, reading the top sales books, building a pre-listing package, being prepared for objections and increasing your value rather than discounting your fee.
RL13-2 Distinctive Value, Thom Winninger
In RL13-2 Thom Winninger continues his presentation on selling value. You'll learn how to present value instead of defending price.
KFT47 Managing Rejection
It is a mathematical certainty that at some point in your career you will be rejected. Rejection is part of business and life, especially if you're in sales. In KFT47: Managing Rejection, I will show you how to accept rejection, place it in it's proper perspective, and see how to use it as a means to move forward.
Financing & legal
MS10-2 Financial Qualifying & Prepare Buyers to Buy
Give buyers an overview of financial qualifying before sending them to a lender. Role play demonstration of financial qualifying. Prepare and train your buyers to buy. Here’s how to get them ready to make the decision to buy once you find them a home. Address all the possible barriers now, before they arise: how many homes to see, are you ready to buy the first one, willing to pay market value. Role play demonstration of preparing the buyer. Begin the discussion of buyer agency and asking for commitment. Prepare them for find a home quickly and paying market value.
RL04-S2 RESPA with Oliver Frascona
Oliver Frascona, our favorite real estate attorney, will help you avoid violations of the Real Estate Settlement Procedures Act. If you or your company are involved with related services such as mortgage or title, then you need to hear this.
RL06-S1 Financial Qualifying Interview
Watch a complete financial qualifying interview conducted by finance professional Robert O'Toole.
RL06-S2 Financial Qualifying with Debbie Morris
Debbie Morris conducts a financial qualifying interview with a first time buyer.
RL10-S1 Loan Fraud by Oliver Frascona
Oliver Frascona has long been one of this industry's favorite attorneys. He is accurate, funny and here to help you conduct your business within the bounds of law and ethics. In this release he discusses the dangers of loan fraud.
KFT43-1 The Buyer Side of Short Sales, Part 1
This begins our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 1 features an interview with two professional short sale negotiators as they discuss the benefits, misconceptions and first three steps of the short sale approval process.
KFT43-2 The Buyer Side of Short Sales, Part 2
This continues our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 2 completes the interview with the short sale negotiators as they address the final three steps of the approval process and the questions a buyers' agent should ask the listing agent of a short sale.
RL17-1 Using the FHA 203k Loan, Part 1, by Jocelyn Predovich
If you have buyers on a budget and sellers with homes in need of repairs, then the FHA 203k loan may bring them together. Jocelyn Predovich will show you how to expand your market using this program. This first of two parts covers the market for this loan, description of program, the two different types, eligible and ineligible costs and how it works.
RL17-2 Using the FHA 203k Loan, Part 2, by Jocelyn Predovich
In this part 2 of the FHA 203k loan, Jocelyn Predovich will address the topics of costs, borrowing limits, flow-chart of the process, eligible properties, who qualifies and some final questions.
KFT43-3 The Buyer Side of Short Sales, Part 3
This concludes our three part series on examining the short sale process from the buyer side. You may choose not to work short sales as a listing agent, but if you work with buyers in the U.S., there's a 30-40% chance you'll have to manage a short sale purchase for your buyers. This Part 3 is an interview with a real estate agent who has experienced a 100$% closing ratio with short sales. He addresses all the issues presented in Part 1 and 2, but from an agent's perspective.
RL12-S1 Two/One Buydown by Pat Zaby
Pat Zaby, CRS Instructor, is one of the real estate industry's top speakers on using finance as point of difference. In this video discover how financing concessions and knowledge of buydown options can make you stand apart from the competition.
RL04-24 Legal Aspects of Inspections by Frascona
Oliver Frascona is one of our favorite speakers and attorneys. He will address the home inspection process and how to keep it legal.
RL12-S2 ARM Financing by Pat Zaby
Pat Zaby, CRS Instructor, explains how to use Adjustable Rate Mortgages as a benefit to buyers. Pat answers questions: Who is the best candidate for an ARM? How much do buyers save on an ARM? How do the rates change? What is the break-even point?
RL12-S3 Financial Benefits of Owning by Pat Zaby
Pat Zaby, CRS Instructor discusses the benefits of owning vs. renting. Learn how to secure proper financing for your buyers. Consumer difficulty in securing financing is a root problem for buyers. You capture a niche in the market by providing financial advice and getting buyers to buy NOW. Calculate the financial comparison between renting and owning.
RL12-S4 Overcome Buyer Objections with Financing Information by Pat Zaby
Having a tough time getting your buyers to buy? Pat Zaby, CRS Instructor shows you how to overcome buyer objections using financing information. Objections: cost of waiting to buy, affordability concerns by reducing to the difference.
RL17-3 Ninja Marketing Strategies for FHA 203k, by Jocelyn Predovich
Jocelyn Predovich is back with her 10 Ninja marketing strategies using the FHA 203k program. Be sure to check out RL17-1 and RL17-2 for an overview of what the program as to offer. In this presentation Jocelyn will discuss how to develop effective marketing methods by tying the FHA 203k option to referral sources, HUD properties, open houses and much more.
Getting Started In Real Estate
MS01-1 Introduction to Prospecting
Shows agents how to master the very fundamental skill of contacting prospects determining who is ready, willing and able to buy NOW. Introduction to the characters who will be the buyers and sellers in the role play demonstrations. Being Good vs. being There. The majority of time in this business is the act of prospecting. Overview of coming topics: Active vs. Passive sources, the importance of being systematic and role play demonstrations.
RL01-S1 New Agents: Getting Started with Prospecting
This video is for new agents only. David presents ways to overcome fear of prospecting, prospect actively, manage rejection, convert income to activity and create self-training through Model, Practice & Feedback. Hear interviews with brand new agents still in their license course.
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
RL01-1 Be There, Sources, Follow Up, Systematic
Four ways to increase income. Being good gives you the right to be in the business, being There is how you get paid. Agent demonstration of anniversary call to a past client, post interview. Avoid avoidance. Person on the street interviews about their real estate agents. This makes a point. The importance and ways to follow up. Discipline to stay on task using daily plans, systems, Activity vs. Income relationship. Comfort zones. How to use a prospecting call log.
RL01-2 Contact Management, Referrals
How to use a contact management system. How to make your database valuable and functional to generate business from your sphere of influence. Fill it up, follow up. Skill of determining who is a prospect based upon their timing and urgency. Learn how to ask time-based questions. A very important skill. How to question for motivation. Agent demonstration of calls. Interviews with agents about their prospecting challenges. Great interview with Marty Siegel on how he generates $30 million in sales from referrals. This will inspire you. The two key questions to ask to get referrals. Avoid the two wrong questions. Agent demonstrations of calling to use these questions to get referrals. Great demonstration.
RL01-S2 Top Ten Tips for Contact Management
Rolf Anderson is a CRS instructor and a long-time professional speaker in the area of real estate technology. He shows you simple methods of how to use your contact management software to organize and contact your prospects. He addresses how to use key fields, syncing to a PDA, call-back ticklers and systematic follow-up plans.
KFT17 Answer the %#^@ Phone!
One of the reasons marketing might not be paying off for you as well as it could be, is because no one seems to answer the #^&* phone! You get prospects to call, then you ignore them and expose them to the hostility of voice mail systems. Learn the importance of responsiveness and what questions to ask to convert a caller into a prospect. Use these skills on telephone callers and email inquiries. You have two goals when responding to inquiries: Determine Motivation and Get an Appointment.
MS03-1 Open House: Create Traffic, Preparation
Importance of open houses. Bob Wolff used open houses when moving from Ft. Collins to Dana Point. Why hold open houses? Sell the home or create a prospect? Selling the owner on open houses. How to avoid the “Day the Earth Stood Still” syndrome. Create traffic by contacting prospects, buyers, friends and neighbors. How to prepare for an open house. Information on other available properties. Prepare the home.
MS03-2 Open House: Rapport, Debrief, Appointment
Avoid the retail dance: “May I help you..No just looking.” Greet and let go. Role play demonstration of meeting the prospects at the door. Give them a reason to return and talk to you. Debrief and determine their motivation. Probe to determine their situation. Role demonstrate of qualifying prospects. See the follow up probing questions that follow the initial question. How to ask for an appointment. Probe for discontent, present benefits of meeting then ask for a time to meet. Role play demonstration of asking for appointment. Bloopers at the end.
KFT09 Open House Techniques That Secure Buyers
So you don’t like doing open houses, but want more buyers? After this presentation you will view open houses more favorable and have techniques to make them work for you. You’ll see an interview with top agent Bob Wolff as he discusses his success with open houses. Learn how to select the property, schedule the open, market it to get traffic, meet the prospects and establish rapport.
KFT07 Values Based Goal Setting
An exercise in personal goal setting. Three levels of life planning: Values, Goals and Objectives. Use this information for your personal and professional goals to achieve balance in your life. Exercise: “If you don’t have what you want in life, why not?” You end up with either Results or Reasons. Guides to goal setting; a list of criteria to use when making your goals. See a list of values that must be the basis for any goal if you are to truly achieve it.
KFT29 Results vs. Reasons
All too often people ask HOW things are done versus the deeper issue of WHY things are done. As a real estate agent, you are not lacking information on how to do things; the question is, “Why aren’t you doing them?” Learn how to address procrastination, perfectionism, being overwhelmed and desiring the easy path. You will also learn how to establish results, identify the reasons that are interfering with your desired results and clarify the importance of results over reasons.
KFT10 New Year Action Plan
Although this video was designed for the start of a new year, you will learn techniques for starting off any month or any day. Learn how to focus on establishing a budget, converting income to activity and planning daily behaviors to hit your targets. Analyze your business to date to see what is and what is not working. Use a prospecting call log to discipline your daily contacts.
KFT33 Make 2011 a Good Year
Glad to have 2009 and 2010 over? Well it's up to you to make sure that 2011 brings more productivity…and fun. How sad would it be to miss out on a good year by not being prepared for it. This video will ground you in some fundamentals to get you started on the right foot.
Prospecting
RL11-S1 Facebook Fan Pages by Brad Hanks
NOTE: We have uploaded a NEW set of instructions for creating a fan page. Facebook has changed their site since this video was uploaded. From the Support Materials download "RL-11 S1 WORKSHEET Fan Page Instructions." This is a support topic to Real Estate LIVE!™ #11 Social Media and Networking. Brad Hanks will demonstrate how to create a Facebook Fan Page. You will learn how to create content for this page and how to attract people to it. He will show you all the steps then illustrate with some actual pages.
RL11-S2 Measuring Your Web Footprint by Brad Hanks
This is a support feature to RL11, Social Media & Networking. Brad Hanks believes that you should make an impact on the web with your social media. He will show you how to measure your impact, expand your "footprint" and increase your search rankings.
RL11-S3 REALtalk on Social Media, Brad Hanks
This is a support feature to RL11 on Social Media and Networking. David interviews Brad Hanks and asks many of the same questions that you may have on incorporating social media into your business plan.
KFT09 Open House Techniques That Secure Buyers
So you don’t like doing open houses, but want more buyers? After this presentation you will view open houses more favorable and have techniques to make them work for you. You’ll see an interview with top agent Bob Wolff as he discusses his success with open houses. Learn how to select the property, schedule the open, market it to get traffic, meet the prospects and establish rapport.
MS01-1 Introduction to Prospecting
Shows agents how to master the very fundamental skill of contacting prospects determining who is ready, willing and able to buy NOW. Introduction to the characters who will be the buyers and sellers in the role play demonstrations. Being Good vs. being There. The majority of time in this business is the act of prospecting. Overview of coming topics: Active vs. Passive sources, the importance of being systematic and role play demonstrations.
RL01-S1 New Agents: Getting Started with Prospecting
This video is for new agents only. David presents ways to overcome fear of prospecting, prospect actively, manage rejection, convert income to activity and create self-training through Model, Practice & Feedback. Hear interviews with brand new agents still in their license course.
MS01-2 Questioning Skills
Have you ever not know what to say? Fear of prospecting goes away when you realize that it’s not what you Say, but what you ASK. Story of purchasing a wide angle lens and the importance of asking questions before presenting benefits. Being serious, attached to the outcome, minimizes success. Have you ever not wanted the listing? Ever tried to get to your vacation? What happens? Two types of questions: open and closed. Role play demonstration of questioning. When to use each type. Reflexive questions to keep conversation going.
MS01-3 Who is Ready, Willing & Able
Philosophy of selling: instead of forcing people to act, find those who are already acting. Deepak Choprah philosophy: Let Go of the outcome. Key skill of DISqualifying. The Three Critical Questions to ask buyers. Story of Mom working with real estate agents on Marco Island. Role play demonstration of asking key questions. What other questions to ask prospects. Probability Ranking of prospects. How to prioritize them by motivation. Probe for motivation. All purchases are to satisfy motivation. Exercise of asking audience who has purchased something unemotionally. Emotion comes from running out. How to probe for motivation by asking why-based questions. Reasons vs. Emotions. Role play demonstration of asking “why.”
MS02-1 Convert Sign and Ad Calls
Telephone technique is a critical weakness in real estate. Cost to create a prospect call. What is the purpose of telephone technique? Prospects don’t usually buy the home on which they called. Must qualify and convert. Sign calls vs. ad calls. Determine their motivation. How to get their name. Qualify, don’t sell. Secure an appointment by presenting the benefits of working with an agent. Role play demonstration of incoming and outgoing telephone calls. *Note: the Do-Not-Call registry was not in existence at the time of this taping. You must act in accordance with it now.
MS02-2 Establish a Referral System
Number one source of business friends. 67% of business from a referral system. Benefit of referrals. Three elements of a system: names, database, dialog. Prospecting to your A, B, C prospects. New agents need to get their introductory letter out. Leveraged referral; getting someone to call on your behalf. Examples of client appreciation events. How to ask for a referral. Two key mistakes vs. the proper way. Role play demonstration of asking the wrong way. Using “NEXT” in your questioning. Role play demonstration of the proper way to ask for a referral. Using hand written notes.
MS03-1 Open House: Create Traffic, Preparation
Importance of open houses. Bob Wolff used open houses when moving from Ft. Collins to Dana Point. Why hold open houses? Sell the home or create a prospect? Selling the owner on open houses. How to avoid the “Day the Earth Stood Still” syndrome. Create traffic by contacting prospects, buyers, friends and neighbors. How to prepare for an open house. Information on other available properties. Prepare the home.
MS03-2 Open House: Rapport, Debrief, Appointment
Avoid the retail dance: “May I help you..No just looking.” Greet and let go. Role play demonstration of meeting the prospects at the door. Give them a reason to return and talk to you. Debrief and determine their motivation. Probe to determine their situation. Role demonstrate of qualifying prospects. See the follow up probing questions that follow the initial question. How to ask for an appointment. Probe for discontent, present benefits of meeting then ask for a time to meet. Role play demonstration of asking for appointment. Bloopers at the end.
MS04-1 FSBO: Things Not to Do, Making Contact
One of the best sources of business. The skills you learn working FSBOs will apply to all of your business. If you can do FSBOs, you can do anything! Great source for immediate listings. FSBO stats from NAR: after 4 weeks, 80% will need to list. Three things NOT to do. How to make the first contact. What to say, what to hand out. The key is to be There. Role play demonstrations of FSBO first calls in person and on the telephone.
MS04-2 FSBO: Follow up, Qualifying, Listing
What questions to ask FSBOs to lead them to the belief they need an agent. How and when to follow up on a FSBO. Waiting for them to achieve their moment of discontent. Role play demonstration of follow up calls and visits. Determine seller situation and motivation. Key questions to ask. More demonstrations of follow up calls and visits. Demonstration of first in-home seller qualifying interview. Very powerful demonstration of all the key skills. FSBO listing presentation role play demonstration. Contrast the difference between what an owner can do and what an agent does. Even if you never list a FSBO, the act of pursuing them will make you better.
MS05-1 Expired: Understand and Contact Expireds
Difference between Expireds and FSBOs. Follow your MLS and/or Board rules when contacting them. Key questions to ask. Role play demonstration of contacting Expireds. Three reasons why listings expire.
MS05-2 Expired: Questions at First Meeting
Most important questions to ask the owner of an expired listing. How to use the Marketing Pyramid as a basis for the seller counseling discussion. Determine why the listing expired. Role play demonstration of a meeting with the seller. Watch bloopers at the end.
RL01-1 Be There, Sources, Follow Up, Systematic
Four ways to increase income. Being good gives you the right to be in the business, being There is how you get paid. Agent demonstration of anniversary call to a past client, post interview. Avoid avoidance. Person on the street interviews about their real estate agents. This makes a point. The importance and ways to follow up. Discipline to stay on task using daily plans, systems, Activity vs. Income relationship. Comfort zones. How to use a prospecting call log.
RL01-2 Contact Management, Referrals
How to use a contact management system. How to make your database valuable and functional to generate business from your sphere of influence. Fill it up, follow up. Skill of determining who is a prospect based upon their timing and urgency. Learn how to ask time-based questions. A very important skill. How to question for motivation. Agent demonstration of calls. Interviews with agents about their prospecting challenges. Great interview with Marty Siegel on how he generates $30 million in sales from referrals. This will inspire you. The two key questions to ask to get referrals. Avoid the two wrong questions. Agent demonstrations of calling to use these questions to get referrals. Great demonstration.
RL01-S2 Top Ten Tips for Contact Management
Rolf Anderson is a CRS instructor and a long-time professional speaker in the area of real estate technology. He shows you simple methods of how to use your contact management software to organize and contact your prospects. He addresses how to use key fields, syncing to a PDA, call-back ticklers and systematic follow-up plans.
RL08-2 Generating Leads, Prospecting, Marketing
Bob Wolff is one of the top agents in the U.S. and a past CRS Instructor. He shares all of his methods of building a referral business that generates more than $100 million in annual sales. Watch an interview with Bob plus client interaction. Advertising: In this session reviews his early mistakes in advertising. Now he makes all his income with very little advertising. How he develops referral business from his current customers and clients. Watch an interview with his best clients. Marketing: mail, E-mail, notes and gifts. (Cards from Lentzdesign.com) Bob sends ten hand written thank you notes ever day. He demonstrates the little things he does for his clients. Watch how quickly he responds to a client request for housing information.
KFT02 Questions That Turn Prospects into Clients
The most important skill of selling is ASKing, not talking. You will learn the specific questions that determine which prospect is most likely to be a customer or client. Hear messages and methods for contacting your sphere of influence, avoid the two key mistakes when asking for referrals and replace them with the two key questions. You'll also learn about questions for open house visitors and FSBO's.
RL11-1 Social Media & Networking, How to Use
In this first of three parts, we provide an overview of social media and networking. We begin by establishing proper terminology then show how to incorporate social media into your prospecting. The way to make money in this arena is to provide relevant content to your participants. We close this part with a list of the common media outlets and an introduction to Facebook.
RL11-2 Social Media, Facebook & Fan Pages
In this second of three parts we focus on Facebook. You will see the Cranbrook team demonstrate how to connect with your sphere of influence, generate leads, use a fan page, post relevant content and post events. Next Brad Hanks gives a brief overview of how to start conversations with your SOI using a fan page. Peggy McNamara continues with techniques on fan pages.
RL11-3 Social Media, LinkedIn, Twitter, Youtube
This part three of three covers the other key social media outlets. You will learn about LinkedIn, Twitter. The Cranbrook team will demonstrate how they use Twitter in their business. Peggy McNamara will demonstrate Twellow, Yelp Biznik, GoDaddy and RSS feeds. David continues by discussing the "Magic Moment" when you make that social connection and how to maximize it. We close with a discussion of YouTube. NOTE: for more information on making a video, watch our Behind-The-Scenes videos under the Support curriculum.
KFT35 You Make the Call
This video describes the techniques for making outgoing warm calls to your past clients and Sphere of Influence. If you're not being overwhelmed with prospecting calls coming in to you, then you must make the calls out. Download "KFT35 WORKSHEET Telephone Scripts" to help you structure your calls. *Be sure to rate and comment after watching.
KFT36 Cold Call, Bold Calls
This video will focus on the scripts and techniques to make outgoing prospecting calls to people you don't know. You'll hear techniques for contacting your farm, FSBOs, expireds and inquiry follow-ups.
KFT47 Managing Rejection
It is a mathematical certainty that at some point in your career you will be rejected. Rejection is part of business and life, especially if you're in sales. In KFT47: Managing Rejection, I will show you how to accept rejection, place it in it's proper perspective, and see how to use it as a means to move forward.
CMA, Pricing
MS09-1 Separate Listing from Pricing, Present the CMA
Don’t lead with the CMA, lead with listing, then follow with pricing. Get it priced right...now. Save your reputation, get your listing sold faster. Problems of overpricing. Three reasons why agents overprice. Listing sequence; Marketing Plan first, or CMA first? Save pricing until the end. Role play demonstrations of saving price until then end, after they agree on a marketing plan. Establish value by presenting the CMA. Role play demonstration of a pricing presentation and CMA presentation.
RL02-1 CMA, Rules, Importance of Pricing
Competitive Market Analysis, CMA philosophy: three parts to listing. How sellers should select a real estate agent: marketing, not price. Save price until the end. Rules of CMAs. Agent demonstrations of beginning the pricing presentation and introducing the CMA. Comps: Competing vs. Comparable. The pricing pyramid and the importance of proper pricing. Agent demonstrations of persuading their sellers to price to the market. Positioning vs. Pricing. How to organize and present a CMA. How to sequence your list of comps.
RL02-2 Criteria for Value, Objective Standard
Selecting comps for your CMA. Criteria that determine value: Location, Size, Amenities. Agent demonstration of presenting competing homes for sale. Use the X-Ray as an example to establish an objective standard for pricing. Principles of valuation: cost, price, value, market value. Agent demonstrations of presenting the SOLDs. How to present Absorption Rate.
RL02-3 Adjusting Differences, CMA Summary
When your comps are different from the subject property, how do you still use them and adjust for differences? Final chapter summarizing the CMA and getting agreement on price. Summarize all the data, present it on a grid, establish and let the seller react. Don’t suggest a price, let them suggest so they own it. Question their position, don’t defend your own.
LS01-1 Market Challenges, Pricing Listings in a Buyer's Market
This is the first of a series of presentations in front of a live audience. This is chapter 1 of "Pricing Listings in a Changing Market" that addresses the challenges you face in today's market.
LS01-4 Separate Listing from Pricing, Pricing Listings in a Buyer's Market
This part 4 from the live seminar taping of "Pricing Listings in a Buyer's Market" resolves the issue of when you should address price with your sellers. Should you delay the discussion of price or lead with it? These two discussions should be separate from each other and the listing decision should be based on your competence, not your agreement to their price.
LS01-5 Seller Motivation, Sell or Stay? Pricing Listings in a Buyer's Market
In this fifth chapter of "Pricing Listings in a Buyer's Market," you will learn how to address THE most important part of pricing: Seller Motivation. The sellers need to resolve whether they want to sell or stay.
RL15-1 The Pricing Showdown, Seller Situation
In today's market there is a wide disparity between sellers' expectations of value and the current reality. Confronting a seller with this requires preparation, empathy and finesse. In part 1 of this video, you'll hear the behind-the-scenes expectations of the seller and top agent Jeff Scislow. Listen to the seller pre-interview to learn their motivations, then in the next videos, watch Jeff uncovers these same concerns.
RL15-2 The Pricing Showdown, Motivation and Opinion of Value
In part 2 you will see top agent Jeff Scislow greet the sellers, build rapport, delay the discussion of price and uncover their motivations. Before Jeff addresses price, he wants to be sure he understands their situation and motivation. If you watched Part 1, then you already know the sellers' situation so now you can watch Jeff discover their issues. Half way through this video is "The Showdown" when Jeff's opinion of value meets their expectation.
RL15-3 The Pricing Showdown, Present CMA and Seller Decision
In this final Part 3 Jeff Scislow presents his CMA and handles the sellers' objections. You will feel the anguish of the sellers as they confront Jeff's price and defend the value of their property.
LS01-6 Why Sellers Should Sell, Pricing Listings in a Buyer's Market
This is chapter 6 of Pricing Listings in a Buyer's Market, a live presentation by David Knox. It will provide the methods and dialogs to you persuade your sellers to sell in this challenging market. If you have sellers who say "I'm not moving unless I get my price," then this video will help you. It addresses the topics: Why sellers should sell, Three more options, Pay now or pay later, Source of statistics, "But we need the money" objection, Buying up in a down market and Sources of cash to buy up.
LS01-7 Present Market Data, Pricing Listings in a Buyer's Market
This is the seventh of nine chapters. This session covers how to present the market data to a seller using Principles of Evaluation, the CMA, Preparation for the Pain, Internal vs. External Influences and Absorption Rate. You will find a link to our pricing presentation PDF document called The Pricing Illustrator.
LS01-8 Demonstrate Dramatically, Pricing Listings in a Changing Market
Convincing sellers to price properly may require you to go beyond just presenting data. You may have to add drama through metaphor and demonstration to make your point. This segment shows you how to use an X-ray, media, competition for sale, a Pricing Storybook and a "CMA Field Trip" to persuade your sellers.
LS01-9 Price Reduction & Objections, Pricing Listings in a Buyer's Market
In this final segment of "Pricing Listings in a Buyer's Market" you will learn how to secure a price reduction on a current listing and handle the typical objections of "We can always come down" and "Couldn't we just try it for a couple of weeks?"
RL09-S3 Russell Williams Listing Part 3 of 4
Russell Williams continues his listing presentation into pricing and commission discussions.
KFT32 Keeping Sellers Happy in an Unhappy Market
At the end of the year you need to be sure your sellers are happy and ready to continue working with you into the next year. This requires that your inventory of listings is priced right and prepared to sell. This video shows you how to improve the marketability of your listings as you prepare for the new year.
Management Philosophy
KMT-01 It's a Manager's Market
It is a Manager's Market! This video is the foundation for our entire Knox Management Training Series. Learn the philosophy behind improving agent performance, refining your team and mastering the needed skills for success in today's market.
KMT-34 The Five Motivational Hot Buttons by Paul Herr (Part 1)
Paul Herr is the author of “Primal Management: Unraveling the Secrets of Human Nature to Drive High Performance,” published by the American Management Association in May, 2009 as a featured book. Paul is an internationally-recognized authority and thought-leader on leadership and employee engagement. In part two of this interview, Paul details the concept of an intrinsic paycheck and the first two out of five "motivational hot buttons" that will increase the performance and dedication of your agents.
KMT-35 The Five Motivational Hot Buttons by Paul Herr (Part 2)
Paul Herr is the author of “Primal Management: Unraveling the Secrets of Human Nature to Drive High Performance,” published by the American Management Association in May, 2009 as a featured book. Paul is an internationally-recognized authority and thought-leader on leadership and employee engagement. In part three of this interview, Paul and David discuss the last three out of five "motivational hot buttons" that will increase the performance and dedication of your agents.
KMT-02 Management Philosophy: Interview Sharry Schmid
David interviews Sharry Schmid, a top manager in the Minneapolis - St. Paul area, about managing in today's environment. This market has divided those agents who can produce and those who can't. Hear what Sharry has to say about the various demands on managers and how she deals with it all. She presents valuable information on how to make your office “THE place to be.”
KMT-33 Servant Leadership by Paul Herr
Paul Herr is the author of “Primal Management: Unraveling the Secrets of Human Nature to Drive High Performance,” published by the American Management Association in May, 2009 as a featured book. Paul is an internationally-recognized authority and thought-leader on leadership and employee engagement. In this first of three videos, David interviews Paul on the topic of Servant Leadership. If you are interested in attracting and retaining top talent, boosting employee engagement, improving customer satisfaction and retention and building a high-performance culture where everybody wins, Paul Herr can get you there.
RL18-1 2012 Real Estate Trends, an interview with Stefan Swanepoel (Part 1)
The Swanepoel Trends Report for 2012 will be released in February. This highly regarded publication is a major source of information for real estate agents, managers, and broker/owners as they develop their business strategies. David talks with author, motivational speaker, and real estate expert Stefan Swanepoel about his latest Trends Report. In part one of the two-part interview, Stefan reviews past trends that have shaped today’s real estate market, discusses the impact of listing syndication and highlights what every real estate professional should know about mobile friendly technology.
RL18-2 2012 Real Estate Trends, an interview with Stefan Swanepoel (Part 2)
This is part two of an interview with Trends Report author, motivational and real estate speaker Stefan Swanepoel. This discussion covers a variety of trends within the real estate industry including recruiting, technology, training and market direction.
DeCruiting
KMT-03 Decruiting: Why and Why Not
When it comes to recruiting agents, you have a decision to make; will you start the momentum by hiring agents to join your office OR will you first decruit the non-producers? You have to mentally lead with one strategy or the other and it's not easy to fire people. Learn why you keep unproductive agents and why it is good to let them go.
KMT-04 Decruiting: How to Fire
Non-producing agents cost you recruits, clients, reputation and sales; learn how to fire agents with dignity and compassion. Watch a role-play of Lance Berwald, a top manager in Minneapolis-St. Paul, firing David. Learn what to say and how to do it. Helping an agent find a different career path can be a good thing.
KMT-05 Decruiting: Berwald Interview
David Knox and Peggy McNamara interview Lance Berwald, top Manager in the Minneapolis-St. Paul area, on his philosophy and methods of firing agents. You will learn how Lance uses quartiling as an incentive for his agents and how he decides when to have the "Come to Jesus" meeting, Agents in the bottom quartile can draw down the production of the office; learn how Lance handles this important topic in his office.
KMT-06 Decruiting: Schmid Interview
David interviews top manager Sharry Schmid. Hear her philosophy of decruiting, the liability of the bottom quartile, why we keep agents, why you fire them, and how she fires them.
KMT-07 Thirty Day Up or Out Plan
Before you fire an agent, allow a final opportunity to demonstrate the ability to improve their production. Learn what to say when setting that crucial meeting. Hear how to set a series of specific and measurable behaviors to be performed on a rigid timeline. Watch a role-play demonstration on the topic. Use this as a final challenge before you make your final firing decision.
KMT-08 Thirty Day Up or Out, Schmid Interview
In this interview with David, Sharry Schmid describes what she does with agents who are underperforming. Hear how she sets her meetings, probes for their motivation, sets a clear plan of activity, examines their results and holds them accountable. Before you fire an agent, take them through this process.
Recruiting
KMT-09 The Recruiting Game - Sources, Contact, Follow Up
David Knox presents the methods for treating recruiting as a game so it's fun for you...and your recruiting candidates. Review the sources of experienced and new agents. Learn how to make contact, and keep contacting until they join your office.
KMT-10 Recruiting Hit List, Peggy McNamara
Staying focused on recruiting is a necessary, but challenging, reality. Keeping a "Top 10" hit list at your disposal is invaluable. Watch this video to hear some ideas from Peggy McNamara on how to create that list and what to do with it.
KMT-11 Recruiting Methods, Lance Berwald
David and Peggy interview top manager Lance Berwald as he describes his recruiting methods. Lance recruited 16 agents in the first 9 months of 2010. Learn how he time blocks 2-3 hours of every day for recruiting and what he does during that time. Lance's goal is to talk to 5 agents, seven days a week, about recruiting. This video offers some great insight for putting consistent strategies in place for recruiting.
KMT-12 Recruiting: Making Contact, Lance Berwald
Watch this video to learn how Lance Berwald makes contact with potential recruits. Listen in to hear how he uses Facebook, Texting and his weekly sales meeting to build momentum around recruiting. A direct quote to David and Peggy, by Lance is, "You need to be a good manager before you can be a good recruiter." Hear what Lance has to say about that and more!
KMT-13 Recruiting: Experienced Cycle, Sharry Schmid
David talks with Sharry about how she recruits experienced agents. You will learn how Sharry approaches agents, how she builds rapport with them, and the homework and fact finding that she does before reaching out to the recruit. In addition, she talks about the nurturing process. Watch and Learn!
KMT-14 Recruiting: Experienced Agent Cycle, Lance Berwald
Continuing on with the interview of Lance Berwald, in this video he discusses a "typical" cycle for recruiting experienced agents. Learn how he follows through on a potential recruit from beginning to end. Hear some of his tips for getting an agent to commit to moving to your office.
KMT-15 New Agent Hiring Cycle, Sharry Schmidt
David talks with Sharry about the cycle of recruiting new agents.
KMT-16 Recruiting, New Agent Cycle, Lance Berwald
In an interview with David Knox and Peggy McNamara, Lance Berwald describes his cycle of recruiting and hiring new agents.
KMT-17 Recruiting: Experienced Agents, Peggy McNamara
Peggy McNamara presents her techniques on recruiting experienced agents as it differs from new agents. She provides a list of questions to ask during a recruiting interview.
KMT-18 Recruiting Interview Demonstration, Lance Berwald
Lance Berwald, a top manager in Minneapolis, demonstrates through role play how he interacts with a recruiting candidate. You'll see three parts; the first meeting, the second meeting to qualify more and sell his office and finally the close. Download the outline to make it easier to follow along: KMT18 Recruiting Interview Demonstration, Lance Berwald.pdf
KMT-19 Recruiting: Build Trust and Rapport, David Knox
David Knox presents the skills of building trust and establishing rapport in the first stages of the recruiting sales cycle.
KMT-20 Follow-up Strategies
Peggy McNamara discusses strategies to stay in contact with your recruiting candidates.
KMT-21 Recrtuiting-Determine Agent Motivation by David Knox
KMT21 focuses on agent motivation and questioning skills. This video helps you overcome the biggest mistake managers make in recruiting; selling the company before uncovering motivation. "Before presenting the benefit of your product or service, be sure you know the needs of the customer” and in this case the customer is your potential recruit. Learn how to interview your candidates before you make your presentation. *Be sure to print out KMT21 WORKSHEET Recruiting Interview Questions.
KMT-22 Recruiting: Unique Selling Proposition, Decision
Having qualified your candidates and decided they're a fit, it's time to sell them on joining your office. This segment focus on presenting your benefits and asking them to join.
KMT-23 Compensation with Lance
Top manager Lance Berwald discusses his philosophy for compensating the agents he recruits.
Coaching
RL03-S1 REALcoach
Real coaching requires M-P-F: Model, Practice and Feedback. David uses these principles to coach real agents performing for real in an actual transaction. David and the agent watch the clip of an actual presentation then discuss what worked, and what didn't. Managers and trainers will see how to coach agents. Agents can learn by watching the agent clip, pause the video, write down your feedback then continue so see how close you came.
RL07-S1 REALcoach session with David
David demonstrates real one-on-one coaching with SELLebrity Cindy Sanders. You will see a brief video taken from Cindy's presentation followed by David's feedback and suggestions to her. This is a great video for managers to improve their coaching skills. A great way to use this session is to pause the video after the agent clip and write out your own critique. Then continue to play and see how your feedback matches.
RL09-S1 Russell Williams Listing Part 1 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 1 of 4. Motivation and Marketing.
RL09-S2 Russell Williams Listing Part 2 of 4
This is one of our most requested videos: an unedited listing presentations by Russell Williams. To keep Real Estate LIVE!® segments brief, we do quite a bit of editing. Although it improves the pace, it loses context. Now you can see how Russell handles a listing in real time. The only edits we make are to remove references to his company and personal information. Download RL09s GUIDE P 1&2 Russell Williams Listing.pdf to follow a long with a "play-by-play" analysis notes by David. This is Part 2 of 4, Motivation and Marketing continued.
RL09-S3 Russell Williams Listing Part 3 of 4
Russell Williams continues his listing presentation into pricing and commission discussions.
RL09-S4 Russell Williams Listing Part 4 of 4
Russell Williams continues his listing presentation into the final close and signing of the papers.
9 Ways to Get Your Agents to Watch Our Videos
This video is for managers, trainers, brokers and owners looking for ways to encourage their agents to experience the invaluable resources available on this training site. Find out how other clients are using their Knox online real estate training subscription to improve their agents and increase sales.
RL04-S3 REALcoach
Watch David coach agents one-on-one after showing video of their actual presentations with clients. Agents will learn how to develop feedback sensitivity and managers will gain coaching skills.
RL05-S4 Extended DISC®
If you've ever heard someone described to as a "High D" or a "Low S," they may be referring to the behavioral descriptions from the four behavioral types in the Extended DISC® system. Use the information to identify differences in your clients and plan strategies to interact more effectively with them. Markku Kauppinen is an employee and expert with Extended DISC North America Inc.
KMT-24 Model-Practice-Feedback, part 1
Follow David has he introduces the MPF (Model-Practice-Feedback) concept for training agents of any skill level. Part one concentrates on how to model and KMT25 demonstrates this approach with James Robinson in a REALcoach session.
KMT-25 MPF Coaching Demonstration, Part 1
David demonstrates the method of using Model-Practice-Feedback for training agents to make them better, more effective sales people. In this first part, David demonstrates how to overcome objections using the P.A.I.D. technique. If you manage agents, this will really help you with your one-on-one coaching skills.
KMT-26 MPF Coaching Demonstration, Part 2
David demonstrates the method of using Model-Practice-Feedback for training agents to make them better, more effective sales people. In this second part, David allows the agent to practice then follows with feedback. If you manage agents, this will really help you with your one-on-one coaching skills. The interaction is based upon how to overcome objections using the P.A.I.D. technique.
KMT-27 Model-Practice-Feedback, part 2
In this session, David continues to present the M-P-F method of coaching and training agents.
KMT-28 Feedback Coaching; Advice, Sources
People ask for advice, but they really need feedback. Have you ever made suggestions to agents and continually received resistance? Finally you give up and ask what THEY would do...and guess what, they have the answer. So in this video you will learn how to distinguish between feedback and advice and how to lead people to their own conclusions.
KMT-29 Feedback Coaching; Guidelines
In this video, you will learn a specific process for giving feedback to others. The feedback guidelines chart leads you through the steps of one-on-one coaching that can be used in training sessions, role plays, performance evaluations and decruiting sessions. Be sure to download "KMT29 WORKSHEET Feedback Guidlines."
KMT-30 Feedback Demonstration Agent Attitude
Sometimes, agents need feedback on their attitudes in and around the office. David demonstrates the skill of giving feedback to an agent (Peggy) on her attitude during a sales meeting. Watch the four quadrants of feedback based upon Peggy's competence and awareness. See how she reacts and learn how to have these important conversations with your agents. Be sure to download the "KMT29 WORKSHEET Feedback Guidelines."
KMT-31 Feedback Demonstration Open House Results
This is the second demonstration of giving feedback to an agent. David demonstrates the four quadrants of feedback based upon the subject's competence and awareness. This situation is based upon the behavior of the agent in her open house.
KMT-32 Feedback Coaching; Courage to confront
In this brief conclusion to Feedback Coaching, David discusses the power of feedback and illustrates it with a very personal story of feedback that changed his professional life.
Training
9 Ways to Get Your Agents to Watch Our Videos
This video is for managers, trainers, brokers and owners looking for ways to encourage their agents to experience the invaluable resources available on this training site. Find out how other clients are using their Knox online real estate training subscription to improve their agents and increase sales.
Administrators
RET Administrator Update June 6, 2011
This is the recording of the live Administrator Monthly Update on June 6, 2011. Some minor technical difficulties in the first two minutes, so scroll to the 2:13 mark. I address the new features, topics and methods to improve viewership.
02. How to Watch Videos
See how to use the updated member page to find and select videos more easily. Learn how to create a Watch List, use Curriculum and refine your search using filters. Please use the Blog up above to tell me how this works for you. Thank you, David
Audio Recording-Administrator Conference Call Feb 28 2011
This is the audio-only recording of the live Administrator Conference Call with David on February 28. It is presented in video format to display some of the graphics used on the call.
9 Ways to Get Your Agents to Watch Our Videos
This video is for managers, trainers, brokers and owners looking for ways to encourage their agents to experience the invaluable resources available on this training site. Find out how other clients are using their Knox online real estate training subscription to improve their agents and increase sales.

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