How to Stay on Top of Your Prospecting Game w/ Curtis Fenn
Welcome to Real Estate Uncensored, the place for actionable ideas to reach people online,
build your personal brand, and get more clients.
That is Greg McDan, the Junior Grandmaster of Sales in the Co-Pilot Seat.
If that is Matt Johnson, agency owner, author of Microfemesis Certified, Greg Wrangler.
Each week you're going to hear from some of the best coaches, leaders, brokers, top
producing agents, and social media experts, all with one goal.
We'll continue the sales and marketing tactics to up your game today.
Okay, now let's jump back into the latest episode, Real Estate Uncensored.
Hey guys, welcome back.
This is Real Estate Uncensored.
We have Mr. Nick Suck.
It's my co-host, my writer, Di Homie with us.
We have Mr. Curtis Fenn from RadX.
We're going to get deep into what RadX is doing.
We have some incredible opportunities that they are presenting to some stuff that's even
in the works behind the scenes.
We can't talk about yet, but we're going to allude to some of the really cool stuff that
they're putting out there.
Breaking news.
Breaking news is exactly the way we're going to frame that.
We're going to talk about social media prospecting.
We're going to talk about their new UI.
That means their interface for the consumers, which I'm currently using right now.
I love it.
I want to hear more about it, and we're going to get to a lot more topics.
But before we get over to Curtis, and we really dive in deep into the weeds of calling,
calling machines, prospecting, data, all that good stuff.
Mr. Nick Snack is how are you, brother?
I'm doing fantastic.
I got a haircut, so I feel good.
When you look good, you feel good, right?
Yes.
I got a fresh t-shirt on.
I mean, yeah, it's like, I don't know.
I'm ready to just conquer the world.
First time in the month, he has a fresh t-shirt on the whole.
Fresh t-shirt, yeah.
Well, I'm glad you're looking good and smelling good.
Mr. Curtis, how are you, brother?
Welcome back to the show.
Thank you.
Thanks for having me again.
I'm coming on and trying to stir the pot a little bit.
Oh, dude, you're more than stirring.
You make the pot, then you cook in the pot, and then we eat from what you cook.
This is going to be an amazing show.
Nick, let's jump off with a question from you.
What's the question that burning in your brain that Curtis can answer and really fulfill
a lot of people's dreams and hopes and desires of life?
I'm going to put them on the spot.
Good, brother.
Please.
No calling in 2023?
When you say still, I would say most agents are getting back to cold calling.
I think we went through this so many years of prosperity and multiple offers, and the
challenge was finding inventory and agents were burned out with multiple offers.
Well, a lot of people went from burnt out to broke real suddenly, last summer with interest
rates and a lot of markets kind of halting because nobody has learned how to hunt in
the last five years.
What we're seeing is that people are coming back to prospecting a lot more than still
prospecting, and that's evident even by us where we always have returning customers,
a couple hundred people every month that are coming back to the service, but that's gone
up and percentage a lot.
People are going, well, I took a three year hiatus, but here I am because I don't have
any other way to go and get inventory.
The answer is yes.
People are cold calling, still working, and not to assume too much in your question, but
the other thing is yes, people are habits in phone is different than it used to be.
And COVID made us more introverted and numbers showing up as spam on phones and all that.
Despite all of that, we have an increase in connections that we've never seen before.
So despite people not answering the phone as much, despite spam and all these things,
we are seeing higher connection rates in many markets than we've seen in a long time.
Let me say higher connection rates.
Are we talking about higher connection rates from agent to consumer?
Is that what you're referring to?
Yes.
Connecting with the homeowner.
We talked about this pre-show, Greg, where there's some limitations if people, if their
number is showing up as spam and people, aside from some of those things, and there's some
ways to mitigate that and getting different phone numbers and prospecting solutions that
we obviously help agents do.
But if you're calling from a registered, white listed phone number, your connection rates
are going to be a higher percentage of the homeowners you're trying to get in touch with
than it was three years ago.
Yeah.
I've been seeing that a lot as well.
And I know that you guys got some incredibly cool stuff in the skunk works on the back end
that's going to help mitigate that, which is so cool, by the way.
It's going to help people be more excited to go out there and do the calls because they're
not going to see the rejection that a lot of people are seeing right now.
And I think you guys are so forward thinking in regards to that, that you're like, oh,
my gosh, this is a problem.
Let's solve it.
We have an issue deal with it, right?
Speaking of our problem, Gene will be here.
But that's good.
Speaking of issues, I got issues with you, Greg McDaniel.
What?
No.
Hey, at least I made the show this week, right?
I feel like every week it starts five minutes earlier.
Like I don't even, it was one o'clock last week.
Yeah, it has been.
It has been.
What are we doing?
That was my bad, Gene.
I'll cut us all out.
Good finger face again, my man.
Gene has spoken.
It is allowed.
Okay.
Gene, welcome to the show.
We're talking about kind of some of the stuff like social media prospecting, kind of how
they're going to blend together some of what Curtis and Red X is doing, are doing behind
the scenes and their skunk works in regards to like you heard a second ago about taking
putting you gone to a white list so you're not coming across a spam anymore.
So you can get more the high level numbers that you want and need to be talking to.
That's a question that you may have for Curtis and kind of get this thing rocking around.
I'm writing down a list of my questions over here.
So throw something at him.
I mean, he doesn't have one yet, Gene.
He doesn't have a question yet.
Curtis got me, dude.
Listen, I think it's, you know, I don't have a question yet because I'm just, you know,
I'm sitting back listening.
I know I will have some stuff and I got just because I jumped in late.
I didn't hear about this.
When you said, what did you call it?
Skunk works.
Skunk works.
That's a great word.
But I mean, they'll say skunk works like a skunk works team is kind of your working on
the cool innovative stuff at a tech company.
So he's not wrong.
It kind of sounds like Yakkity Schmakke.
If I'm being honest.
Oh, Yakkity Schmak yourself.
Really good stuff.
None of the skunk work stuff.
That's like, you know, poor theta products.
It's a Gregism.
Well, we do have a TikTok tool for every time I screw up on something.
So maybe we'll make a skunk works in there or a TikTok.
Yakkity Schmakke.
So I want to talk about your new user interface.
You guys dramatically shifted it around.
And there's some different points in there that I find very, very interesting.
One of them is I think market data or market analysis in there.
So you can go in there and look at the history of the markets doing.
And so you can get a deeper insight into kind of what that exact property has to offer.
Walk me through a little bit through the process when you guys are building the UI of kind
of what you want to what do you how do you guys come up with this and where do you where
do the ideas come from where they from the users?
Was it just kind of internal?
How that work out?
Yeah.
So let me give you some good history.
I think forever the agents who were prospecting were agents who were involved in a coaching
program.
I'm going way back, right?
I mean, in 2003, 2004, there were very few people prospecting.
They would laugh at us.
They go, expires.
Why would I ever work?
Spires or why would I ever call a Fisbo?
Well, then the recession happened.
What happened is everybody who didn't prospect got out of the industry and everybody who
was prospecting took more market share.
And then as the industry has grown and more agents have come in, they look around and
they look at the top prospecting agents and they and they see that they're working expired
and Fisbo's and calling the pre foreclosures and doing circle prospecting.
So it's become much more, I wouldn't say mainstream, but I would say much more common
practice.
As that's happened, people jump into prospecting with very little coaching training.
They don't understand the importance of having a script.
They just don't understand as much.
They're not as prepared.
And you know, Greg, that when you jump on a call, sometimes you're going to get your
butt kicked when you call an expired listing.
If you're not prepared for that, people are going to bounce out of their, they're going
to give up on prospecting entirely.
And so as we've seen this transition with real estate agents, we say, okay, we don't
need to just facilitate the connection anymore.
We need to facilitate the conversation.
We need to help agents understand what to say and how to become the expert in who they're
talking to.
And so as we looked at that, we started to add things into the, our platform that allowed
them to facilitate the conversation.
And we call them insights.
And so we give insights into the homeowner.
There's some demographic information.
Their, their level of equity, how much equity they might have in the home, what their, their
income might be.
We give a whole bunch of insights on the property itself, which unexpired.
So usually you're going to see all of that in the MLS, all of those property details.
But we've added that to all of them.
So even a FISBO or a GEO lead, you know, when you're circle prospecting, we'll give you
all the information on the property, the square footage in the bedrooms, baths, kind
of the standard stuff.
But then we get into even more stuff.
Do they have a pool?
Do they have what kind of HVAC or heating and cooling systems do they have?
Do you know, kind of all of the information about the property?
We do lifestyle insights.
So you would tell people if they have a, this gets into some creepy stuff and, and so agents
need to be careful with how they use this, but we love creepy.
Yeah, tell them to have a dog or a cat or if they're into horses or if they drive an SUV,
if they, if they invest in real estate, some of their lifestyle psychographics of around,
around the homeowner.
And all of it is just meant to help you facilitate the conversation might allow you to create
some rapport.
And again, being careful with that, you don't want to call somebody and say, Hey, I see
here you drive a truck and you're in the golf.
Like that's, yeah, it's not going to get you the listing.
But, but understanding a little bit about the person you're talking to, getting any of
the insight, the most important is what you mentioned is that market insights, which gives
you all of the information.
It's updated every seven days based on the zip code of the property that you're trying
to get in touch with.
And it will give you all the information about what's going on in the market and days on
market and how many people are price decreases and all kinds of information there.
So again, that you can speak from a position of professional and expertise.
Yeah.
It is really the honest truth on that one guys and gals with the new data that you knew,
new interface that they have, that data can allow you to use the Ford script, family,
occupation, recreation and dreams very efficiently.
Now that doesn't have to go in that order, go in any order that you want.
But if I know that he has a truck and be like, you know what, I just trust guys who
drive, you drive Jeeps, you know, I have a Jeep and anyone drives it.
You drive a Jeep, by the way, yeah, I do.
I knew it.
We are best friends.
And you can get off and running like that, along with a sense of humor with this.
But knowing the data, say, you know, I'm looking at my MLS right here, my multiple listening
service and I see that there's 19 homes pending.
There's 22 available, which means the market is extremely active.
We're seeing homes selling on average 1.3% over the list.
Have you ever thought about maybe taking advantage of these incredible market rates
right now and just seeing where would you guys go if you guys were to sell?
You give them stats, give them information, set the hook, see if they run with it.
Well, and it's important right now because I was even just at a conference yesterday
down in Vegas and it's crazy talking to people, half the people are going, oh man, my market
is still hot.
I saw multiple offers.
And other people are like, I might get another job because I'm dying.
So if you're only looking at national news to understand what's happening in the real
estate market, you might sound like an idiot.
Like you might be wrong because there's a lot going on.
And so getting into the micro of what's happening in my market, my city, my zip code, that matters
a lot to helping.
It's not just about the conversation.
That's going to help you price the homes better.
It's going to help you market it better to understand what's happening.
And when you're calling, we call a lot of our leads second to list first to sell leads,
right?
Okay.
Right.
So if you're calling a second to list first to sell lead, you better get it right because
it's not just price, but it's also how do you market?
What do you talk about?
How do you write a description the right way to get people to look at the property and
view the property?
And a lot of those insights can help with all of those things.
So facilities is a conversation, but it's going to help you in the long run with marketing
and selling the property.
But this is like giving the keys to a Ferrari to a toddler.
If you don't know how to use it, you're just not going to, you're not going to use it,
right?
So, you know, with Red X, you guys have incredible, you know, support staff.
Every time I call in, you guys, I'm like the second person or the first person, your
staff picks up, they answer my question, I'm out the door.
But you also have the role plays as well still, right?
Yes.
You can walk people through that because that is one of the things I think is the most incredibly
most powerful thing is a part of a company of your stature do.
So tell people what exactly that is when they sign up with Red X.
Yeah.
So we have people need to practice to cold call and they need to practice to win.
And sometimes that's frustrating when you first start calling and expired listing or
calling around and you deal with some rejection and you deal with tough people.
So we built a role play system.
It's available.
There's no extra charge to our customers.
You get a secret number when you sign up, you call that number and it kind of walks you
through it.
You call it and it'll say what lead type you want to practice.
Say expireds, it'll say how difficult do you want the role play to be?
You can choose, you know, easy, medium or hard.
And essentially that is how many objections that you're going to receive on the role play.
Well, then it gives some instructions.
The phone actually ring, you just stay on the phone, but they'll hear it ring and somebody
on my staff will answer as if they are a homeowner of that lead type.
And so they'll answer hello, they'll stay in character.
Even if you try to break character, they'll be like, I don't understand what you're talking
about.
They'll stay in character the whole time.
At the end of the call, then you'll hit a button on your phone.
It will send you the recording of your role play.
That way you can, you know, if you have a coach or an accountability partner, you can
have them.
And it's even good for you to listen to you to go, okay, how would I do that differently?
So it's just about practicing.
And so when you call, you can do three role plays and then you have to get back in the
queue to do it again.
But you can do that as much as you want.
We've had customers terrified of calling.
So they've used the role play system every day for two weeks and they go, okay, now I'm
ready.
I'm going to call a real expired listing.
Yeah, yeah.
They do that, but it gives you confidence and not to give anything away, but every role
play ends with you setting the appointment because you don't practice to lose, you practice
to win.
And so we'll throw some objections out there, but ultimately you're going to see what it's
like to get the appointment and to set something up and to create a good connection so that
in your mind, that's what you practice.
So when you get on the phone, you're more likely to succeed.
See, the thing I like about that the most and Jean, you're being silent, which really
creeps me out is the fact that positive reinforcement.
And of an endeavor that someone is terrified of will build up their ability to feel confident
and in their own skills and their own body and their own skin and their own voice.
A lot of times people like in role play situations, they like to beat the person down who's trying
to do the role play.
So they feel better about themselves.
And when in reality, you guys are taking the high road on this, which I love and you
allow people to have that win, that success.
Now, are they going to be perfect?
No, no, none of us are perfect.
But you're going to get better every single time you do it.
You listen, you learn, you take notes, you listen, you learn, you repeat, you do it.
And repetition of going out there, like they always say, if you get hit, it's not a mind
time to get hit, it's a mind time to get back up.
And that's what I love about that program.
Are you seeing a lot of success with agents going out there and touting to the fact like,
hey, look, I role played with Red X4.
Like I said, two weeks and I went out there and I got a listing appointment and I got a
listing and I got a buyer and then my business started just snowballing.
And it's because I had the confidence and you guys provide the confidence that agents
desperately desire that other people just shun because it doesn't make any money.
Right.
Yep.
I think for us, I mean, look, there's no secret.
The ulterior motive for me is I need, I don't have, we don't have contracts.
We don't have, you know, there's a lot of churn and in our industry, I need people to
get listings.
And like, I need my customers to get listings and get commissions so that they stay customers.
And so, you know, I, you know, we're a for profit business, but we, we, our success is
truly tied to the success of the agents and, and their ability to set appointments and
to get, get listings.
Yeah.
And you guys are doing a phenomenal job at it.
I mean, when it comes to kind of your marketing side of the business and then I want to jump
in because I know courtesy you're on a tight timeline here and I want to be very curious
of your time.
No pun intended.
Ah, ah, ah, but don't you know, when it comes to social media and how it can tie in to doing,
you know, calls and stuff like that, let's say red X, Nick is a customer of red X. He's
dialing.
He did his role place.
He's a new agent.
He feels comfortable.
He goes out there and all of a sudden he has a listing appointment.
How would you, what, what, how would you help him market that out there?
Like, Hey guys, I just picked up a new listing.
Go.
Well, you know, I would say video, right?
So first of all, let me say how dare you Curtis have a for profit company.
Let's just.
Down there.
There you go.
Oh my gosh.
And I do love that whole, you, these guys will tell you and I think you probably know
Curtis, we've been on enough shows together.
You know how much I love personally to cold call.
Yeah.
You know, I'd rather go get a colonoscopy, but I love.
I can set you up with one.
Yeah, after that, she's always pushing me in that direction.
So I don't need any more help.
Thank you very much.
Um, no, but I think that that cold call role play is amazing.
Right?
Like that's just something that it's sort of like everything else we talk about in marketing,
especially video, you know, people are uncomfortable doing video.
So what do you do?
You get reps in, right?
It's a muscle memory.
So what do you do?
And eventually the answers to some of these objections become naturally.
And you know, Greg, look, we could skin that cat 30, 30 different ways, right?
Like, I would just say to folks, Hey, you get on video and tell people about what you're
doing.
And I don't know if you guys know this, but I'm in sales.
We role play.
We do scripts.
This one was successful.
Reach out to me to talk to you about why I thought this call was successful.
I mean, there's 50 ways we could go that depends on like the opportunity, right?
But I don't necessarily think I would utilize a win for a sale to market.
I would wait to get that sale and then market the market, the property.
That makes sense.
Okay.
I would, if I could jump in, I think there's one thing about marketing your personal brand.
And I think there is value in letting people know that you're educated and you do, you
know, do these things.
But I think there's more power when you get a listing.
I mean, that's part of our entire platform is when you get that listing, not just a successful
appointment, but you get the listing, then you go put that address in our system and
you pull the thousand properties around it.
And you either call them or you use our ad builder tool where you upload that to social,
to Facebook and Instagram and you market the thousand people around that property and say,
we just listed a house in this city.
And with video that Jean is talking about, you make a video about the listing you just
took, maybe even like walk through and do a quick tour of the listing because chances
are a lot of the direct neighbors around that will see that ad.
You don't even need to do ad spend on that.
You just boost it for real cheap, you know, for three bucks a day, you could have 3000
people see that, see that video.
Heck yes.
Oh, by the way, selfless plug for red X guys.
I got to show you this.
This is something that they sent me.
This is the vlog one.
This is a tool.
So it comes with a stand.
I can detach this top and just hold it as a handhold.
I have a mic shotgun mic.
I have a light.
I have a camera holder here has levels on it.
So it comes in really clear.
So if you guys really want to get, you know, kick button, take names, this thing is something
you really need to take a look at.
This is an amazing vlogging opportunity for getting those new listings and then posting
them on social media.
Sorry.
I had to tell people I'm so impressed with this thing.
It is unreal how cool this thing is.
All right.
Let's take a quick break from the show.
If you want to turn your real estate career into a lifestyle of freedom and passive income,
then reach out to us.
The best way to do it is to just text Greg at 925 915 1978.
That's 925 915 1978.
And he will take a call day or night.
In fact, you can send him anything you want, voice messages, pictures, whatever.
No, I'm kidding.
Just text Greg and set up a time to chat about exp because if you've heard about it and you're
not sure whether you should pull the trigger and move over, we want to help you make that
decision and be as supportive as we can and give you the information that you truly need
to make the best decision about where you hang your license.
So reach out to us and we'll talk to you soon.
Curtis, I'll give you my address after the show.
That was a Christmas present.
So yeah, I mean, that's going to come around.
It was, but they can go by themselves.
It's like 120, 150 bucks.
It's not a whole heck of a lot of money, but it makes the world of difference in shooting.
So if you guys want to do that, take a look at the vlog one.
It's an amazing, amazing tool that you can put into your business at almost a little
cost.
That's vlog, not vlog, right?
Vlog with a V.
Yes.
V.
Come on, dude.
I do suggest you search for vlog one.
You will actually come on.
I think everybody should find out vlog one.
Yes.
That just sounds like a German something you know about.
So Curtis, let me ask you a question.
What do you think cocolling is headed?
Did you see it going by the wayside?
Is there more stringent time frames that people need to be out there calling morning
mornings and evenings?
Give me your thoughts.
What do you guys see on the numbers?
You guys really crunch a lot of the numbers over there.
So every statistic we have is based on calling each number three times an AM, a PM, and a
weekend.
I think a lot of agents aren't well, they haven't been willing to do that.
Now agents are going, tell me how to maximize.
I want to get in touch with as many people as possible.
We said well, an AM, PM, and a Saturday call.
But more importantly than any of that, I think if you analyze too much, you come up
with excuses not to just pick up the phone and make a call.
And so if you've got half hour in the middle of the day and that's the half hour you do
it, a lot of people are home and you're not going to have a high connection rate, but
you'll connect with people anyway, right?
And the more conversations we have in this business, the more people you add to your sphere
of influence, you know, or your newsletter, and the more people that you will be forefront
of mine when they're ready to do a real estate transaction.
And that is the name of the game.
It's conversations and relationships.
And so cold calling is about getting appointments, but it's also about just adding people to
your sphere of influence.
And so, but if I could take your question in a different direction, where is cold calling
headed?
I would say cold calling is getting tougher because of regulations, because of do not
call, because of all the things that are happening.
And so where it's headed is it's it now has to be part of an overall strategy rather than
a siloed business practice that you do to get appointments.
What I mean by that is, is as soon as you, you know, have Gene teach you how to make good
videos and post them online, then you need to target those videos to the expired listings
because then when you call them, there's familiarity.
They already know who you are and what you're about because they've seen it, even if it's
consciously, like we have a billboard here and it's been up for, I don't know, eight
years or something.
And, and people will still say, Hey, where do you work?
And I'll say red X and then I'll get a text the day later, go, Hey, I saw your billboard
and they've probably driven by that billboard a thousand times.
But until until we have this human interaction, they never noticed it.
And sometimes they'll, they'll say, Oh, I've heard of red X and I don't know where.
And that's how marketing is going.
So the more exposure you can have with video and your face and your name on social media
platforms where people are scrolling, then then when you do have that call, it's less
of a cold call and it's more of a warm call.
And, and I think to answer your question of where is cold calling headed, I think you have
to incorporate more things to get the most potential out of your calls that you can get,
right?
You could still get success just by cold calling and never doing social media.
But the force multiplier of doing social media and cold calling is, is where things are headed.
I guess that leads us into our, our next question is kind of what you guys are doing with social
media and prospecting that kind of blend that we spoke about pre show.
Walk us through that a little bit.
What are you guys doing?
Well, there's, there's social media really, um, and gene jump in and correct me, right?
This is your forte too.
So, but, but we see agents really need to be doing too.
There's kind of two strategies with social media.
There's your organic brand reputation strategy.
And then your, your paid strategy.
And I just think, um, Facebook, Instagram, I have all the social media platforms are,
are making it harder and harder and it's getting more and more expensive to do ad campaigns.
And, and so you can just pay an agency to do ads for you from some generic website or,
or very easily you could do a little bit that goes a long way, which is take the data you're
getting from red X and create a custom audience inside of Facebook or Instagram or wherever
and then target your content to those people because it accomplishes exactly what we just
talked about.
You want those people to see you and recognize your name and your face before you make the
call.
Or you want them to recognize, oh, that's the guy who called, you know, called me yesterday
because it creates a reputation.
We just had an agent the other day from an open house say, Oh, you don't know me, but
I know you from your videos.
Well, that's because that's because she uploaded a list of people in the neighborhood that she
knew she was doing an open house in.
And she targeted them with videos, you know, for the entire 10 days prior to, to the, to
the open house.
So when people came in, they felt like they knew her.
So, so our tools then are twofold on the paid side.
It's very inexpensive.
It's a custom audience tool where you can select the leads that you want to target on
Facebook and Instagram.
On the organic side, we have full video production and social management where we do the posting
for people where we edit the videos.
We have an app where they record the videos that we do all the editing and copywriting
and everything to make it a professionally produced video and post that for people.
Okay.
So it sounds like you're what you're doing is you're putting together kind of a all in
one, right?
There's really no muscle for us.
Yeah, yes.
And it's everything we do is a done with you solution.
We don't have any, you know, remember the old rotisserie chicken that's the set it and
forget it.
Ron Popeil.
Ron Popeil.
We don't do any of that, right?
Because this is, I can't build a reputation for you, Greg.
Like I can't speak and then have you have a reputation bill.
Right.
They have to see you.
They have to hear you.
They have to get to know you.
And so everything we do is a done with you solution.
Same with Cole Kong.
We do a lot of the work to find the phone numbers, do a lot of work to empower an agent
with scripts and tools and facilitate the conversation.
But if you don't pick up the phone, it doesn't work.
And same with our social media tools.
We can do all that.
But if you don't produce a video, even in the raw video that we're going to take and
turn into something, then it's just not going to work.
And I would say if our solutions are again, force multipliers to their overall strategy.
So if they're not committed to get on and do additional posting on social media, don't
pay us to do eight videos a month for you.
Because if that's all you're going to do, you're paying way too much for really nice
videos.
Like if you're not doing all the other things that make your brand, you build your brand
on social media.
So you know, the funny thing about social media, Nick, I want you and Gene to jump in
on this.
I'm not a proficient expert on this at all.
As you guys all know, I dabble, but I don't, I'm not a practitioner on it.
You know, if someone was to start off with red X and I highly recommend that you do,
and by the way guys, I don't get paid by red X, you know, to promote them.
I just do it because I love them.
And I think they're absolutely insanely awesome.
You know, if someone was to start off today and I'm going to get your thoughts, I'm going
to Nick and I'm going to Gene, what are the first three things that you would recommend
them doing to get over the fear of that thing called a phone?
Yeah, I would not get expired listings.
You know, they're the closest to a transaction.
A physical and expired.
The reason why they're hot leads is they are bottom of the funnel.
They want to transact.
That also means there's higher competition and especially expires.
They have been trying to sell it unsuccessfully.
So they're often mad at real estate agents.
They're mad at the market.
You got to deal with that.
If I were first starting out and if I had call reluctance, if I was nervous, I would
start with a lead type like vacant rental properties.
You're calling somebody who is managing a property and they need it filled.
And the conversation would be this is it's still for rent.
Yeah, it's still for rent.
Great.
So you're going to put more money in your pocket by selling the property versus you
continue to rent it out yourself.
Is that something you'd be interested in?
I mean, it's that simple and they're not emotionally vested like an expired.
It's a business conversation.
It's like more money.
Yeah, that's why I have a rental property.
Let's talk about more money.
So it's an easier conversation.
It's an underutilized.
I don't know why more people don't call these.
They hear the word rentals and I go, I don't want to deal with rentals.
But it's a listing opportunity.
That's where I would start.
And then beyond that, I would do the geo leads, which is just geographic farming.
That's an easy conversation.
I would call around recently listed or just sold properties.
I would upload all of that data into Facebook and Instagram and I would for a very modest
budget, low budget, I would boost your content, your videos to that audience.
Because it's not about lead gen at that point.
That's why it's not a $1,500 or $2,000 a month ad spend commitment.
It's $50 a month and you can boost all of that content because your goal is just to
have them see your face.
I think that's a wonderful idea.
One of the things that I do and I have been when I had the same conversation in my head
for rent by owners option that you guys have, I was talking with one of your staff members
a while back and I'm like, hey, can you start calling these and kind of get your wrap your
head around those?
I'm like, why the heck am I going to call for rent by owner?
What do I have to offer?
Then the epiphany took place and I'm like, oh my gosh, the opportunity here is three-fold.
I can help them rent the property.
Now you're going to make probably $2 doing it, but you build a relationship.
Number two, if they got it rented, you offer if you can help them to sell it.
If they're looking to get $100 and if you take your $6, your commission, but you still get
their $100, but they get professionally marketed with that a FENDUM, no.
Then if they don't want to sell it, then say, hey, look, third option.
Have you ever thought about putting it, buying some more properties, investment properties,
putting your portfolio?
For rent by owners, ladies and gentlemen, is my absolute hands-down favorite opportunity
and vertical to call on because you can ask three different questions.
Can I help you rent it?
Do you want to sell it?
Can I help you buy additional properties?
Then who do you know in your sphere that I should be speaking to right now that I can
help either buy investment or sell investments?
For conversations, one phone call, put them on the follow-up list and then my criticism
is saying, put them into the boost, make a video about your phone calls and the people
you talk to.
Say, hey, look, I talk to seven different investors today.
They're all looking for different types of products.
If you guys are thinking about buying or selling, give me a call.
If you set out to IG and Facebook, get them to inbound to you to a landing page or to
your cell phone number or something like that.
Now, ladies and gentlemen, you just created your own MLS.
You are an ecosystem.
You're your own entity, quoting around the real estate realm.
You can then dominate because all the other agents are going to come to you going, how
do you have all these different investment opportunities?
I'm like, well, because I'm just that damn good.
Do you have a buyer that wants to buy something or sell it or wants to sell something?
Because I'm the dealer.
Let's go.
Let's make it happen.
I love that.
I really love that.
Also, the circle prospecting, one of the things that I've done is that I was doing for
sale by owners, I mean, not for sale by owners, excuse me, just sold, just listed.
The one thing that I found was that the most powerful thing we're doing circle prospecting
is I would go into my MLS and I would find a pending property, the shortest amount of
days on market at the highest price point in the area you want to call in because now
you're calling around with information that nobody has, Zillow, Redfin, nobody has the
pending information.
They don't know the stats.
So you call the listing agent, you say, hey, Jean, your property at 456 Maple just went
pending in three days.
Congratulations, brother.
Hey, man, out of curiosity, how many offers did you get on that?
Well, Greg, thanks for asking you.
We got four offers.
Oh, man.
So you got one under contract, do you have anything in backup right now?
No, not that in backup.
Okay.
Well, hey, man, congrats.
Now load your dialer with that information.
Now you call around the neighbors.
Hey, guys, this one, you know, what, what you know, the 456 Maple just went pending.
There were actually four offers on the property, which means three families are crying under
soup right now.
Have you ever thought about maybe selling because there are active buyers of cash in
the pocket?
Now you're using the value.
Oh, oh, thing.
Damn it.
Why didn't I have you?
I'm highlighted for that because you screwed up.
That was a big Daniel Mike drop.
Just one of those things I came up with.
And this is, I use red X for it because their data is that freaking good.
It's, it is that simple to do guys and gals.
Just think outside the box.
The tools there, right?
The actual tools between your, your, I was just going to say you may, yeah, you had to
think you thought about that and put it into practice.
Yeah.
Well, because it's red water versus blue water hunting.
I want to go into blue water.
I want to go where nobody else is going.
Like the enterprise spaceship going into the, whatever the saying is, I don't know how
in the ever blue niche, marriage, whatever, moving forward on off of that.
Okay.
That was not a Mike drop.
Gene, say something.
Stop creeping me out.
I got nothing.
What?
I got nothing.
Oh, I know.
I got one.
People.
Wait, I got something for you.
Four rent by owners also learn as a furbo.
Furbows.
That's all I got.
That's all I'm bringing today.
Oh, my God.
We just need to do another show where Gene and I can just talk about video and social
media.
Please, we'll get you booked.
Let's go.
Nick and I will just sit in the background.
Nick, let's do some final thoughts.
I know Curtis is where we're, we're run up on the timeline for him.
We've been doing this for almost 40 minutes.
Nick, give us some final thoughts real quick.
My final thought will circle back to the beginning of the show when I asked Curtis,
are people still cold calling?
And I kind of set him up for the softball because I figured he answered exactly the
way that I wanted him to, which has been my philosophy for the past year or so as well
with marketing, which is old school is new school.
Okay.
So like what I'm seeing a resurgence on the marketing side, not just from the cold calling,
like he was saying, which makes perfect sense.
He's got all the data.
He understands that.
He's been through the recession before.
We've all, everybody on the shows was here, oh five, six, seven, eight.
So we know this cycle.
For me, I saw the resurgence in the direct male side of things.
So everybody left to go to social media.
Everybody pretty much, you know, direct male was just whatever.
Now in the past 12 to 18 months, there's been a huge resurgence, tons of case studies,
my clients, other clients that I know, friends of friends that are having a lot of success
with, with direct snail mail, whether it's yellow, yellow letter mail, or whatever.
You know, consistent postcards, consistent P, like there's different strategies, but
we're seeing that.
So the old school, new school, what I love about what Curtis said, and this is the first
time we've been on a call together, is the way that he has, I don't want to say chase
because chase isn't a good word.
The evolution of the red X product.
Okay.
So he said one thing early on that was not creating a silo for your business.
And I love that because you could be an agent in 2005, six, seven, eight, and all you did
was call and you could have a successful business.
And that's, that is what it is.
I'm a cold caller.
I'm a prospector.
I go to Tom Ferry's seminars.
And that's all I do.
I don't want to hear anything else because that's how I'm successful, right?
Not be personally, but just in general, that was a persona that real estate agents had
for a long time.
The evolution of business, red X recognized it, whether it was Curtis's direct idea or
not.
But what I'm seeing when I'm hearing on this call is red X is not just a cold calling company,
right?
Red X is a prospecting company.
And depending on what bucket you want to put your prospecting toe into, whether it's
actually picking up the phone and calling people, whether it's actually running paid
advertising, whether it's actually having a community of editors who are actually editing
your stuff in the background to make you look good to build your brand, red X has got you
covered.
And if you're looking for a prospecting chair to sit down on with four legs, I would probably
call red X, right?
I mean, I think you guys have it covered.
So that's my takeaway from the call.
I love everything that you guys are doing.
And secondly, I don't know how many people are going to listen all the way through this
call.
But if you are listening to this call at minute 40 or whatever we're on right now, and you
are a broker or a team leader and you have agents underneath you and you do not take
advantage of red X, cold call training and get all of your people to bother every red
X employee to train them on how to cold call you're out of your mind.
If I was recruiting a team right now, I would a sign up for red X and this might actually
happen like for real.
I now have a training department I don't have to worry about for my brokerage or as a team
leader.
All I got to do is sign up for red X and then every one of my team members, I want to hear
the call recordings that you did that week with red X for me for our own training purposes.
In house, all I did was have a red X encryption.
The other thing is when they are prospecting, they can choose to keep a recording of the
call.
I love it.
I absolutely love sending them my calls to their broker too.
That has got to be an underutilized I guarantee you and me from a media buyer, I'm putting
my marketing cap on.
If I was consulting red X as how do I grow your company, I would target just brokers
and team leaders and tell them about your co-call training and I guarantee you get a
lift and users just from that one thing that probably 90% of people have no idea about.
Maybe I'm wrong but that's-
My question was do you sell that independently of all the other services?
I don't, I should.
It's labor intensive.
I mean I got live people that are answering.
It's crazy dude.
Yeah.
I just want one of those floggers and I'll help you promote it.
I swear to God I'm going to kick you up the show.
You know what, the call recording thing that Curtis brought up, we brush over that really,
really quickly but that's something that's incredibly powerful.
I do that when I have a good call, I will then go in, I'll put my notes in but I'll also
hit, you know, save.
So now it's attached to that file.
So when I have a call back, I can go back and listen to my conversation that I had directly
with that individual.
So it's not like, oh gosh, what the heck did we talk about?
It's like, oh no, that's exactly the tonality, the delivery, the timeframe, their words.
It is an invaluable opportunity for you guys to go out and really start hitting that, you
know, save button.
Get those recordings into that file so that you have a living entity in regards to, you
know, your prospecting and kind of where these people's mindsets are.
I got one more, one more trinket.
Oh, oh, oh, a trinket.
So yeah, a little.
It's got to be my last one though.
Last one.
Okay.
So if you are running an ad, so we're using RedX, we've established for sale by owners
or expired listings, they have this amazing ad product.
We can upload a list.
What kind of ad do you run to these people?
I'll tell you from somebody who's run $5 million in Facebook advertising.
One of the best ads that you can possibly do when this is e-commerce, this is Facebook,
whatever, is a before and after and or in this case, I would say case study.
So if you're an agent and you have RedX and you've had a successful, this is kind of
an asterisk.
You could maybe make this up if you wanted to play with a little bit.
But if you've helped somebody who has expired, go from expired to sold and whatever it was
and you can create a really nice case study video highlighting the fact that you were
the person who came in.
Here's Bob and Sue.
They were on the market.
Glass Realtor.
They suck.
I came in.
I implemented my 21 point system.
Got them sold in seven days.
A really nice 90 second case study video and you run that video to that audience gold.
Check mark.
Okay.
Good.
Love that.
I should have highlighted you on that one, damn it.
Now we're shit.
You're really slacking, okay?
Curtis, give us some final thoughts real quick.
Look, it's a weird market and everybody is either trying to capitalize on that by creating
fear or they're trying to pretend it's not happening.
But it doesn't matter.
I believe that foundationally, if you have good strategies in your business to get listings,
they're still going to be 5 million homes to sell this year.
And how big of a piece of pie do you want to take from that?
And yeah, I mean, you got it.
So the deals are out there and you've got to figure out the ways to go after them.
Good.
I love it.
Guys, this is Curtis with Red X.
Well, I'm not Curtis.
I'm Greg, but go ahead of Red X.
Guys, I've negotiated a deal with Red X.
If you use my name, Greg McDaniel, they are going to waive your $150 sign up fee.
It's gone.
You don't have to pay it.
I'm going to take the hit for you on this one.
So go in there.
Use my name, Greg McDaniel.
And you guys will waive the $150 sign up fee.
Get started today.
Start investing into your future.
Get it.
Get your training in.
Get some recordings back to you.
See how you sound.
Run it past a colleague.
Run it past your coach.
Run it past your team leader or your broker, whoever.
Get better.
This is part of what you're going to pay for with Red X.
I highly recommend them.
Gene, give me a color on the bow on the show, please.
Red.
Oh, this is it.
Damn.
Come on.
I got to go double red.
Oh, okay.
Red times two for Nick Curtis.
What's the color on the bow for the show for you, my friend?
I mean, Red X, Greg.
You'll be red.
Multiple.
A multiple of red.
I don't know if that's ever happened.
I never happened.
It's never happened.
All right.
There it is, ladies and gentlemen.
Richard, the Curtis over at Red X and his staff, you will be pleasantly surprised on
how wonderful they are.
Richard, Mr. Nick Sakis, Mr. Gene Volpe, if you guys want marketing advice from Google
Roo Roo's over there, hit me up on Instagram and Facebook.
Follow me there, Greg McDaniel, REU on all the different platforms.
Watch me walk my dog.
Watch me do some cold calls using the said program, Red X.
And then always tune in and leave us a comment.
I thought theory of concern on our podcast.
So guys, the color on the bow on the show is going to be red.
Red times two, then Red X times three for this one.
Guys and gals, we cannot do the show without you.
We love you to pieces.
You are absolutely invaluable in our lives.
We love you for being a part of our world.
We love you.
We can support you in any way, shape, or form.
Go ahead and give Matt a call on the cell phone.
He really misses you guys.
He would love to hear from you at 3.30 in the morning.
All right, guys.
Until next time, peace out, ninjas.
Thanks for listening to today's episode.
I hope you take action immediately with the tactics and the takeaways that you've learned.
Now, if you'd like to take the relationship to the next level with me, which I strongly
encourage that you do, by the way, I want you guys to go ahead and shoot me a text.
You know, it's 9.25, 9.15, 1978.
A lot of times, if people are feeling stuck or they just need a third party, but listen,
a kind of throw some idea that I would love to be that boy.
You take the McGainhill Challenge.
Well, over 400 people have taken the challenge.
You know what?
It's been a positive result.
99.9% of the time.
Nah, I'm kidding.
It's about 100% of the time it's been a blast.
I would encourage you guys to reach out to me.
I really would love to talk with you.
If you feel a little stuck, then you guys need a third party to kind of just bounce
some ideas off.
I'm here for you.
Getting that number is 9.25, 9.15, 1978.
And as always, peace out, ninjas.
We got it.
We got it.
♪♪