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How To Make 100k in 100 days
The average sale price in the United States is just a bit higher than $400,000
Tim and Julie Harris
August 13, 2024 • less than 5 minutes
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Real Estate Agents: You can turn this quarter into your BEST quarter following this profitable and proactive plan.
4 Facts To Know:
The average sale price in the United States is just a bit higher than $400,000. That makes the average commission about $12,000. This means you need 8 deals to gross $100,000 and about 10 to net $100,000. About 2 transactions per month. There are people who will absolutely be buying or selling real estate in the next 100 days. The only question is whether YOU will be the one to list (or sell) the next homes in your market!
Fact: When you LIST 2 per month, you will automatically attract buyer business as well, so focus on listings!
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Fact: It looks like you have more time than you do to do these 8-10 transactions. Take a wall calendar or your planner and count up the actual work days left in this year (or quarter…you can use this plan for ANY quarter you wish!)
HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/
Example: There are 18 work weeks left this year, 128 days total. When you take out weekends and holidays, not to mention travel or other things you’ve got scheduled, you’ll find that you have 85 to 100 work days at most. Put a dollar sign on your work days so you are super focused on dollar-productive activity on those days!
Committing to the $100,000 in 100 Days challenge you will need to:
A) Actively contact both people you already know as well as those you don't know. People you know are past clients, people in your sphere of influence, and agent referrals. People you don't know are everyone else. Are you willing to speak with both to earn your $100k this quarter?
B). Know where your business came from last year, plus this year to date, and keep doing what has worked. Consider doing MORE of what worked.
For example, if you had 5 transactions from repeat clients, but you didn't have a system to speak with your database regularly, how many more repeat clients could you create this year by being more drilled down on that source of business?
C). Do what you don't want to do when you don't want to do it at the highest level. Keep doing what you're doing and you'll keep getting what you're getting. If you want more, faster, if you want to go to the next level financially, you must go to the next level with your skills, discipline, and consistency.
D). Ask for help when you need it. Don't waste time re-inventing the wheel, sampling, or trying things out. Get help from our Harris Certified Coaches and join Premier Coaching so you can have the daily support you crave in this business!
Ready to become an EXPIRED Listing Agent? As promised, here is the discount link for the EXPIRED LISTING LEADS: https://www.redx.com/affiliate/tim-and-julie-harris/?aff_code=670699