Mike Ferry TV Blog

The Mike Ferry TV Blog (MFTV) is an excellent resource for anyone interested in Real Estate, particularly agents and brokers looking to enhance their skills and knowledge. The MFTV episodes provide practical skills and strategies that can be immediately applied in the Real Estate business. These range from improving your self-confidence to understanding complex legal issues in the industry, essential for navigating the Real Estate market effectively. The Real Estate industry is dynamic, and staying updated with the latest trends and legal verdicts is crucial. MFTV offers up-to-date information, ensuring that Real Estate Professionals are well-informed about the latest developments in the industry.

Four Solutions to Overcome a Short Inventory Market

Welcome and good morning to Mike Ferry TV. It's the week of April 1st. Question for everybody... How many listings are you planning on taking in the months of April, May and June? Or in essence, we know what you've done in the first quarter, which is probably not take as many listings as you would like, but now we have a chance of the experience of the first quarter to take advantage of the second quarter of 2024. So how many listings will you take? The inventory shortage is still the biggest challenge the industry faces today. I think most of us thought that it would have been solved by now. But the truth is, it's a combination of...

01-Apr-2024
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Top Producers Vs. the Rest in Real Estate – Part 2

And good morning. It's Mike Ferry. Welcome to Mike Ferry TV the week of March 25th. We're almost done with the first quarter of 2024. I don't expect that anybody would be exactly 25% accomplished in the goals they've set. You know, it takes usually 30, 60, 90 days to get a plan in effect, to get all the components working, to get your work habits where you want them to be, etc. So don't be disappointed if your goal, for example, is to sell 25 properties in 2024 and you've only had four in the first three months. Are you doing the things that are necessary to create the transactions? Because if you got the skill set in place...

25-Mar-2024
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Top Producers vs. the Rest in Real Estate – Part 1

Welcome and good morning to Mike Ferry TV. It is the week of March 18th. The days are flying by quickly. We hope that each of you are succeeding at the levels you're trying to accomplish in the first quarter of 2024. I wrote down a simple thought. I said, what are the differences between the best Real Estate agent and when I define the word best? I'm not talking about just production or income. I'm talking about quality of work they do, the quality of service they offer other people. So what's the difference between the best and so many others in our industry? Because the sad part about Real Estate is that virtually anybody that is qualified to...

18-Mar-2024
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Knowing What to Say and Knowing What to Do

Good morning and welcome back to Mike Ferry TV it's the week of March 11th, 2024. We hope that you're off to a good start for the year. January and February were probably a little slower than we anticipated nationwide, but March is up to you and March is up to you doing the job that you've been hired to do, and we're trying to help you do it a little more efficiently and effectively. I've written down five or six thoughts for today. If you're taking notes, I'd like you to write them down. If you're not taking notes, I want you to review this particular Mike Ferry TV at least two or three times before next Monday. This is a...

11-Mar-2024
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Making the Right Connections: Who to Call in Your Prospecting Efforts

Good morning and welcome back to Mike Ferry TV. It's the week of March 4th. We have two months down. Ten great months to go for all of us in Real Estate. I'm going to talk a little bit again about the inventory shortage, which is an ongoing conversation in our industry. And it's a problem that is very solvable. The reason why we're having a hard time with it is that the majority of agents in Real Estate today work with buyers versus sellers. I think I've probably shared in the past that in the 60s and 70s, if an agent did 20-30 transactions, half were listing sold, half were buyer-controlled sales. That has changed dramatically. We don't have enough...

04-Mar-2024
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How To Become A Better Listing Agent In 2024

Welcome back. Good morning from Mike Ferry TV it is the week of February 26th. This has been a little bit longer month than we normally have in the month of February, so I hope that it has been productive for each of you. I wrote down a question how do we become a better or even a great listing agent? Because I think all of us are aware that the biggest challenge the industry faces today is the inventory shortage. That problem has taken place or been in place since COVID took place a few years ago. And it's interesting when you look at the reasons why that shortage is in play and has remained in play. You start...

26-Feb-2024
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