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Fargo Talks Episode 6 where Sherwin Escanuela and I cover topics such as the unique culture of locals in Las Vegas, the importance of authenticity and client needs in real estate, the need for agents to shift their mindset towards focusing on clients, market trends and the impact of AI technology in the real estate industry. The podcast also highlights the correlation between physical fitness and success in real estate.
Key Points
• Vegas locals have a unique perspective on who is considered a true local and who is not.
• The cost of living and traffic in San Diego make Vegas a better place to live.
• Investors typically look for investments above an 8% return.
• Overcommitting to personal branding and reputation can lead to extra stress in business and take away from interpersonal relationships.
• The use of artificial intelligence in real estate can save up to 30% of an agent's time.
• AI technology is the next level in the real estate industry, but it's important to balance it with person-to-person communication.
• Collaboration and mentorship are critical in improving one's skills and knowledge in real estate.
Great Quotes
00:53 - 01:00
• "Have you ever gone through cost of living, traffic, everything homeless in San Diego? If I was ever homeless, I'd be in San Diego."
20:19 - 20:30
• "The realtors that know they don't matter are the ones that matter the most because they humble themselves in a way that they are there as an advocate for their clients."
24:36 - 24:44
• "Those people who are dedicated to the commit, when they get into the industry, and you tell 'em, Hey, think of it as how you built your body."
40:25 - 40:28
• "It's okay to read all the news you can because your consumer is."
40:53 - 40:57
• "You gotta check the source and realize that's not your market."
42:07 - 42:10
• "New builds lead the way in terms of what the market is."
56:00 - 56:06
• "Stop making it look like you're the greatest fucking things and that walked into this industry and that you're gonna somehow shake the industry up."
