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Mastering Your Sphere of Influence: Boosting Real Estate Success in a Shifting Market
Manage episode 450078059 series 3237066
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In this episode of the *HyperFast Show*, the discussion centers on the critical importance of leveraging your sphere of influence (SOI) in the challenging real estate market of 2024 and beyond. With low inventory, high interest rates, and a decline in overall transactions, building a network of trusted clients and referrals becomes essential for sustainable business growth. The podcast emphasizes proven techniques for nurturing SOI relationships, from personalized outreach to systematic follow-ups, and offers insights into effective referral strategies. The host also highlights the value of joining modern brokerage models that provide added support, training, and financial incentives to accelerate success.
Do you want to partner with Billion Dollar Agents and top growth leaders at eXp realty? Text Dan Lesniak at 703-638-4393 to learn how Keri and Dan can help you take your real estate business to the next level.
- **Notable Discussion Points:**
- The ROI of SOI leads is often higher than other lead sources, especially in a low-inventory market.
- Practical tips for staying top-of-mind with SOI through personal touches like handwritten notes and social media engagement.
- Benefits of joining an innovative brokerage with mentorship, stock awards, and revenue sharing to further increase income potential.
**Notable Quote:**
“When you get a sphere of influence lead, the dollar you spend on nurturing that connection brings a bigger ROI than almost any other lead source out there.” - Dan Lesniak
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