This is how I was able to earn a six-figure month as a Real Estate Agent, how I was able to achieve this, and what’s involved in earning this type of income - regardless of the business you’re in. Enjoy! Add me on Snapchat/Instagram: GPStephan
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
The bulk of this income was the result of me selling a $7,000,000 home here in Los Angeles, another $4000 or so in rent from rental properties, and $1246.71 in YouTube ad revenue. There’s other stuff thrown in there as well, like maybe a lease commission or two, but it’ll be too small to look through and mention so won’t make a big difference. But lets discuss the biggest one, the $7,000,000 sale.
Keep in mind, I’m not someone with $7m connections - I didn’t grow up around people who were spending $7,000,000 on a house. It just happened organically and grew over time as a result of long term consistency, follow up, and customer service with the people I met in my beginning years of real estate - and this $7m client was referred to me. It was a referral from a client I had met back in 2013 who called me off one of my leases on Craigslist.
For anyone in a sales or customer oriented business, your BEST business and your HAPPIEST customer base will always be the ones that have used you in the past - once you get an “in” with someone and they were satisfied, they’ll use you again. Every satisfied client will inevitably, at some time or another, refer you someone else who happens to be just as awesome. And that becomes another person to add to the database.
Referrals are the type of client that could make or break the previous relationship you have. You really go out on the line when you refer someone to somebody - not only is it a huge compliment, but it’s also a lot of pressure because if you mess this up, you’re likely to lose BOTH clients and ruin all the work you’ve put in so far. So it’s vital to treat the referral like royalty, no matter how big or small they may be. And that’s what I did.
Getting this type of business is really the cumulation of a lot of time spent in real estate, a lot of repeat business, and a lot of following up. When it comes to business, I really think it’s so important to have a long term outlook on everything - and I really believed that when I started, I’d be doing this for decades, and it’s all about building up a solid foundation of happy clients - and this meant keeping them happy long term, time and time again. And sure enough, we ended up finding this referral a home at $7m, and this led to one of my best single months EVER in real estate as far as commissions go, and also my highest sale EVER in real estate at $7,000,000.
So what it really comes down to is just patience. Behind this was 9 years of doing real estate…it was me meeting thousands of people, following up consistently, going out of my way for each person, and treating ever referral like Royalty to get to this place. It’s never about trying to close a quick deal, move on, closing a quick deal, move on. Had I done that, I’d never have repeat business - and right now, that’s the business that keeps me going. So no matter what business you’re in, look at it as though this will be a long term relationship. Every happy customer will come back to you. They will refer you more business. Then THAT business will come back to you, then THEY will refer you business, and so on.
So for your business or for whatever you do, see it long term. Never go chasing after short term money if it means they’re never going to use you again. And this is exactly how I was able to make $136,000 in a single month of working as a real estate agent.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
The bulk of this income was the result of me selling a $7,000,000 home here in Los Angeles, another $4000 or so in rent from rental properties, and $1246.71 in YouTube ad revenue. There’s other stuff thrown in there as well, like maybe a lease commission or two, but it’ll be too small to look through and mention so won’t make a big difference. But lets discuss the biggest one, the $7,000,000 sale.
Keep in mind, I’m not someone with $7m connections - I didn’t grow up around people who were spending $7,000,000 on a house. It just happened organically and grew over time as a result of long term consistency, follow up, and customer service with the people I met in my beginning years of real estate - and this $7m client was referred to me. It was a referral from a client I had met back in 2013 who called me off one of my leases on Craigslist.
For anyone in a sales or customer oriented business, your BEST business and your HAPPIEST customer base will always be the ones that have used you in the past - once you get an “in” with someone and they were satisfied, they’ll use you again. Every satisfied client will inevitably, at some time or another, refer you someone else who happens to be just as awesome. And that becomes another person to add to the database.
Referrals are the type of client that could make or break the previous relationship you have. You really go out on the line when you refer someone to somebody - not only is it a huge compliment, but it’s also a lot of pressure because if you mess this up, you’re likely to lose BOTH clients and ruin all the work you’ve put in so far. So it’s vital to treat the referral like royalty, no matter how big or small they may be. And that’s what I did.
Getting this type of business is really the cumulation of a lot of time spent in real estate, a lot of repeat business, and a lot of following up. When it comes to business, I really think it’s so important to have a long term outlook on everything - and I really believed that when I started, I’d be doing this for decades, and it’s all about building up a solid foundation of happy clients - and this meant keeping them happy long term, time and time again. And sure enough, we ended up finding this referral a home at $7m, and this led to one of my best single months EVER in real estate as far as commissions go, and also my highest sale EVER in real estate at $7,000,000.
So what it really comes down to is just patience. Behind this was 9 years of doing real estate…it was me meeting thousands of people, following up consistently, going out of my way for each person, and treating ever referral like Royalty to get to this place. It’s never about trying to close a quick deal, move on, closing a quick deal, move on. Had I done that, I’d never have repeat business - and right now, that’s the business that keeps me going. So no matter what business you’re in, look at it as though this will be a long term relationship. Every happy customer will come back to you. They will refer you more business. Then THAT business will come back to you, then THEY will refer you business, and so on.
So for your business or for whatever you do, see it long term. Never go chasing after short term money if it means they’re never going to use you again. And this is exactly how I was able to make $136,000 in a single month of working as a real estate agent.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
I believe real estate is one of the very few professions left where you make a living by making friends and building connections. The same cannot be said for all sales. I would go door-to-door with my pest control business. I was unmotivated because each home was only $100. Now that I'm taking real estate classes I'm fantasizing about going door to door simply to make friends and learn about my community. I'm so excited and I can't wait to start.
Relationships over transactions!
Sorry i dont like your videos and I will see my way out. cheers
Still watching in 2020.
focus on long term, im starting to understand this thanks
How often do you follow up with somebody
Tq for the sharing Graham
"Graham Stephan makes in one month what I make in about a year."
Graham Cardone… 12x-ing it! Lol
Share the wealth bro..jk
Keep the awesome content coming man
I feel more comfortable following your advice/tips maybe because we are both in the same age bracket
Cheers
hi graham can you please contact me at padala2000athotmaildotcom please
I am getting ready to become a real estate agent, taking my test next week but my gosh did you set the fire in my eyes and heart. What I find so amazing is that you did it with being genuine and not with some sale tactics or manipulation. That gives me a lot of hope to see good-hearted people at the top!!! I am so happy I found your channel!
today i subscribed to your channel your awesome!
out of the 7 miilion did you get 3 percent off of that listing fee?
I’m not intrigued about this lease stuff you keep mentioning. Didn’t learn about it in my real estate license class or from other realtors. Can you elaborate? Of course I know what a lease is but no one talks about selling them.
Congratulations on your "book of business" with the clients and the successes you have had.
How'd do manage to get a car into your house?????
Most Genuine advice unlike those "free" webinars
I smashed the subscribe button.
Now my screen is broken.
reflection of the light in your eyes looks super cool!
Like someone below said, “This YouTube channel is so Gangster Real!!!”
Love this Graham. I’m starting to get into your shoes of just servicing my existing clients. So much nicer than random people.
What if I am here for them memes? 🙁
Why no Monday upload ?
Every sleazy car salesman that watched your video disliked it 🙂
Lit
You tempt me to want to go from Real Estate investor to Real Estate Agent/Broker 🙂
Referrals are so important. Relationships are vital to success, and it's easy to build quality ones if you focus on providing value as you've mentioned.
Maybe I should have my license. I wish it was easier to get a license here in Ontario now…if I had started on my license before it became a 6+ month full time program I'd have been better off in Ontario, Canada. It is moving towards a 2 year college program now – which will make it very difficult.