Recession coming? Here's what real estate agents need to know

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Are you prepared for a recession to hit? If not, you may be setting yourself up for failure. A lot of agents don't understand that there is a big difference between a market cooling, and a market crashing. Recognizing the signs of market cooling and being proactive is what is going to help you avoid trouble.

Today on the Massive Agent Podcast, host Dustin Brohm explains in detail exactly what you need to do to prepare for a recession as a realtor. Even if you don't think a recession is going to hit,  these are things that you should still be doing! Dustin Urges us to:

  • Diversify your income – Don't rely on commission!
  • Understand what is happening, why, and what the results will be
  • Stand out online – Video presence is a must

This episode is full of valuable guidance for anyone navigating market instability, especially new agents and those who did not experience the severity of the 2007-2008 recession.  Get out of the mindset that business is going to continue like normal forever because it's not. Be proactive, hire a transaction coordinator, and stay ahead of demand changes!



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And since so many have asked…

Why I switched to EXP Realty

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Residual Income for Real Estate Agents – Why I recently switched to eXp Realty 

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Dustin Brohm

Author Dustin Brohm

Dustin Brohm is a "marketer who sells homes." He hosts the Massive Agent Podcast, runs the Massive Agent Society real estate agent coaching platform, and is Co-Founder of the Industry Syndicate real estate podcast network. Dustin was a Top 3 Finalist for an Inman Innovator of the Year Award. Dustin is a keynote speaker on all things real estate marketing, social media, podcasting, and lead generation and has spoken on stage at Gary Vaynerchuk’s Agent2021, Inman Connect, HousingWire, numerous annual conferences for Realtor associations, and much more. In the end, Dustin Brohm is a Real Estate Agent w/ eXp Realty in Salt Lake City, UT, and leads a team of over 200+ agents across 30+ states and Canada.

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