Major news to report regarding real estate giant Zillow on this State of the Market podcast. Spencer Rascoff, Zillow’s CEO since 2010, is stepping down. His replacement, Zillow co-founder Rich Barton, already has big plans for the company moving forward, including a shift in strategy that doubles down on Zillow’s budding iBuyer program. Listen to today’s show for more details and our take on the situation. Plus, hear about Remine’s new “MLS 2.0” platform, Purplebricks’ latest expansion problems, and more.

Direct download: SOTM_8.mp3
Category:Business -- posted at: 12:00am EST

For the last 20 years, Brad Korn has sold 100+ homes annually. He's accomplished this with a team and as a solo agent, and he’s convinced that listeners can do it too by following his simple system for following up with past and potential clients. On today’s show, Brad describes how he systematically reaches out to every member of his database and turns quality contacts into closings. You’ll hear how to automate follow-up processes, when to reach out to prospects, and more so that you’re able to fully leverage your database for more sales. Don’t miss it!

Direct download: Brad_Korn_2.mp3
Category:Business -- posted at: 12:00am EST

Want to build lasting wealth fast? If so, you won't want to miss this Real Estate Rockstars with agent and investor Ben Riehle! On today's show, he shares his five-year plan for building wealth via investment properties. You’ll hear how to start saving for your first investment property, where to find excellent real estate deals, and more. Plus, Ben shares insightful tips on building successful real estate companies (he owns three), advice on maintaining top-of-mind awareness with past and potential clients, and other strategies for agents looking to bring in more business.

Direct download: Ben_Riehle.mp3
Category:Business -- posted at: 12:00am EST

Opendoor is testing new waters in Dallas, opting to show other brokerages' listings and offering rebates to buyers who use Open Listings agents. On today’s State of the Market, Pat Hiban and Kevin Kauffman discuss how this may affect traditional agents in the Dallas market. Pat and Kevin also share their thoughts on the story of a former Fannie Mae employee facing 40 years in prison after making millions on shady foreclosure sales.

Direct download: SOTM_7.mp3
Category:Business -- posted at: 12:00am EST

Too many real estate businesses invest in growth and allow profitability to fall by the wayside – a costly mistake. According to the CEO of High Performance Real Estate Advisors, Lars Hedenborg, it’s possible to grow both your team and its profits year after year. On today’s show, Lars breaks down his high-profit business model and shares strategies for bringing on new agents and admin without allowing expenses to spiral out of control. Listen to this Real Estate Rockstars and find out if your business is on the right track toward sustainable growth. If it’s not, Lars’ advice will help you get it there.

Direct download: Lars_Hedenborg_2.mp3
Category:Business -- posted at: 12:00am EST

Brendan Bartic’s military experience gave him the mental strength and resolve needed to succeed as a real estate agent. Now, as the leader of The Bartic Group, he takes new agents and turns them into sales superstars. On today’s podcast, Brendan shares what new hires undergo during his 90-day real estate bootcamp, including the prospecting training and tools provided to ensure their success. Brendan also discusses what he’s learned after stepping away from sales with advice for listeners on securing seven-figure profits in real estate through effective team building and management.

Direct download: Brendan_Bartic.mp3
Category:Business -- posted at: 12:00am EST

A controversial listing inspired by 50 Shades of Grey has sparked heated debate within the real estate industry. Sure, the listing got plenty of attention, but did the agent’s marketing cross the line? Get our take on today’s State of the Market podcast! Also, hear why Gary Vaynerchuk says he’ll never buy another home and what may be motivating NAR’s push to replace Fannie Mae and Freddie Mac with a private entity.

Direct download: SOTM_6.mp3
Category:Business -- posted at: 12:00am EST

Is your real estate business ready for the next market cycle? Homes will likely take longer to sell, but that isn’t a bad thing – not if you’re able to showcase your expertise and value. Listen to today’s podcast with coach Debbie De Grote and learn how to win high-quality listings without taking commission cuts or compromising your integrity. In addition to tips on crushing listing appointments, Debbie offers advice on nurturing leads, building a team, and more. Don’t miss it!

Direct download: Debbie_De_Grote.mp3
Category:Business -- posted at: 12:00am EST

After selling his first company at the age of 21, John Henry went on to start his own venture capital fund, Harlem Capital. Now, John’s starring in Hustle on Viceland, a docu-series where he presents small-business owners with big opportunities to grow. On today’s podcast, John shares his entrepreneurial journey before dropping value bombs with the potential to blow up your real estate business. Listen and learn what you need to do in order to position yourself for unrivaled presence in your market and a huge influx of eager new clients.

Direct download: John_Henry.mp3
Category:Business -- posted at: 12:00am EST

Is Zillow prioritizing its own for-sale homes over other listings? Find out on today’s State of the Market! Pat and Kevin also offer predictions on the iBuyer phenomenon, and Pat discusses his own experience dealing with an iBuyer’s offer. Other highlights this week include the launch of a new mobile safety device that’s perfect for Realtors and an impressive number of real estate companies making this year’s Fintech 50 list.

Direct download: SOTM_5.mp3
Category:Business -- posted at: 12:00am EST

iBuyer programs are blowing up, and many real estate professionals are worried about losing business. Today’s guest, broker Eric Hatch, isn’t one of them. In Erik’s eyes, the iBuyer model isn’t a threat; it’s an opportunity. Recently, he created his own iBuyer program, something he calls “Snap Offer.” On average, he’s making 10 percent profit per property, and his program has helped him consistently set over 50 listing appointments per month. Hear how his program works and how to start an iBuyer program of your own on this Real Estate Rockstars!

Direct download: Erik_Hatch_3.mp3
Category:Business -- posted at: 12:00am EST

Those in real estate often wonder whether or not online leads are worth the money. Realtor Chris Dufala crunched the numbers and was shocked at the results. Despite allocating over 50 percent of his marketing budget to Internet leads, these leads only produced about 15 percent of his team's earnings. On today’s show, Pat and Chris discuss alternatives to paying for real estate leads. Chris also shares his top business sources, ways to boost your bottom line, and strategies for investing in property.

Direct download: Chris_Dufala.mp3
Category:Business -- posted at: 12:00am EST

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