Want to be the big fish in your hometown housing market? Follow the bigger markets. Look beyond your hometown boundaries to watch, learn and do what the big boys do.
Chicago. Miami. L.A.. New York. San Francisco. Austin. Houston. These are the markets that can teach you so much about how the real estate world is changing rapidly. From big business brokerages starting with 50M in capital to independent brokerages changing what they offer the consumer through technology, and even the nationally traded real estate companies purchasing lead sources … All of these factors affect us here in Michigan!
Over the course of the past 8 years that I’ve spent building my team, I’ve thought that if I can implement what the bigger markets are doing, even 6 months after they do it, I will still be 2 – 3 years ahead of my hometown market here in West Michigan.
So when you’re thinking about your real estate career, brokerage or team, think BIG. Don’t let yourself get so bogged down in the day-to-day tasks in front of you that you forget to look up and see what the rest of the U.S. is up to! The big boys (and girls!) on the West Coast, East Coast and Southern coast powerhouse cities are leading the pack. Fail to follow them and you’ll soon fall behind.