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Stop Analyzing, Start Building: Why Your Real Estate Business Needs an Entrepreneurial Mindset

In the world of real estate, we’re taught to be experts. We analyze market trends, dissect comps, and scrutinize contracts. We can tell you the absorption rate of a neighborhood on a Tuesday and debate the nuances of a new zoning law until we’re blue in the face. This is the “educated mindset” at its finest – and don’t get me wrong, it’s crucial for what we do. It’s the foundation of sound advice and professional service.

But let me ask you this: When was the last time you created something truly new in your business?

I’m not talking about a new social media post or a slightly tweaked email template. I’m talking about building something from the ground up – a new lead generation system, a unique client experience, a completely different way of thinking about your value proposition.

This is where the entrepreneurial mindset comes in, and it’s what separates the agents who simply survive from the brokers and owners who build empires.

The Analyst vs. The Architect

Think about the quote that sparked this post:

“Education teaches you to analyze. Entrepreneurship teaches you to create.”

The educated, analytical mindset is fantastic at taking things apart. It’s the part of our brain that asks:

  • What did that property really sell for, and why?
  • What are the potential pitfalls of this inspection report?
  • What were the historical market forces that led to our current inventory shortage?

These are important questions. But an over-reliance on this way of thinking can lead to what I call “analysis paralysis.” We spend so much time dissecting what is that we never get around to building what could be.

The entrepreneurial mindset, on the other hand, is all about building and improving. It’s the voice that asks:

  • How can I design a better, more streamlined client onboarding process?
  • What new marketing plan can I craft to reach an underserved niche in my community?
  • Instead of just complaining about the lack of affordable housing, how can I create resources or partnerships to help first-time buyers?

The trick, as the saying goes, is to keep learning, but to never lose your ability to build.

Where Analysis Ends and Creation Begins in Real Estate

In today’s rapidly changing market, the brokers, recruiters, and agents who are thriving are the ones who have embraced their inner entrepreneur. They’re not just reacting to the market; they’re actively shaping their success within it.

Consider these common industry challenges and how the two mindsets approach them:

  • Low Inventory: The analytical mind studies the trend reports and laments the lack of listings. The entrepreneurial mind creates a new “How to Prepare Your Home for Sale in 12 Months” workshop to cultivate future sellers, or partners with local builders to get early access to new construction.
  • Rising Interest Rates: The analytical mind explains to buyers why it’s a tough time to purchase. The entrepreneurial mind designs a “creative financing” seminar with a trusted mortgage partner or develops a marketing campaign focused on the long-term benefits of homeownership, regardless of the current rate.
  • Technological Disruption: The analytical mind complains about Zillow or new AI platforms. The entrepreneurial mind asks, “How can I leverage this technology to my advantage? How can I build a personal brand and client experience so compelling that an algorithm can’t replicate it?”

Your Call to Action: Build Something Better

So, how do you cultivate this entrepreneurial spirit in your own real estate business?

  1. Stop Talking, Start Doing: The next time you and your team are complaining about a market challenge, pause the conversation and ask, “What is one thing we can build right now to address this?”
  2. Embrace “Good Enough”: Entrepreneurs know that perfection is the enemy of progress. Launch that new video series, even if the lighting isn’t perfect. Roll out that new client communication plan, even if it’s not fully automated yet. You can analyze and refine it later.
  3. Think Like a Founder, Not Just an Agent: Whether you’re a solo agent or a broker-owner with hundreds of agents, you are the founder of your business. This means thinking about systems, scalability, and long-term value creation, not just the next commission check.

The most successful real estate professionals are both lifelong learners and relentless builders. They have the analytical skills to understand the market and the entrepreneurial drive to create their own place within it.

Don’t let your ability to critique overshadow your power to create. Go out and build something better for your clients, your team, and your future.

What's Possible?
What’s Possible?

It’s All About That Prompt, Isn’t It? (To the tune of a certain pop superstar)

It’s all about that prompt, isn’t it? (To the tune of a certain pop superstar)

We hear it everywhere these days: “Use AI to save time!” “Leverage AI to supercharge your recruiting!” “AI will write your next listing description!” But as many of us are discovering, getting a truly useful result from an AI tool isn’t as simple as typing a single sentence and hitting ‘enter.’ The magic isn’t just in the AI; it’s in how you ask.

The quality of your AI output is a direct reflection of the quality of your input. A vague, one-line request will get you a generic, uninspired result. A detailed, well-structured prompt, however, can unlock a level of productivity and creativity that can genuinely transform your real estate business.

It’s all about the prompt.

As a coach, I’ve seen that different personalities click with different methods. There’s no one-size-fits-all approach to AI. That’s why I teach three distinct, powerful frameworks for crafting prompts that deliver results. Depending on your style, you might be a “RISER,” someone who gets “CLEVER,” or a leader who knows when to “REVISE.”

Let’s find the framework that fits you.

Option 1: The “RISER” Framework

Are you the type of leader who likes a straightforward, foundational process? Do you want to build upon what works and elevate it to the next level? The RISER framework is for you. It’s a logical progression from idea to polished final product.

“RISER” is a positive and memorable acronym that empowers you to elevate your initial prompts, taking them to a higher standard of accuracy and refinement.

Here’s how it works:

  • Role: Assign the AI a persona. Don’t just ask it to write; tell it who to be. For example, “Act as an expert real estate coach specializing in agent retention.”
  • Input: Provide the necessary information and context. This is where you give the AI the raw materials. “I am a broker-owner of a mid-sized firm with 35 agents. We’ve recently lost two top-producers to a competitor offering higher splits.”
  • Specifics: Give detailed, explicit instructions. The more specific you are, the better the result. “Write a three-paragraph email to my agents. The tone should be confident and reassuring, not defensive. Mention our unique value proposition of mentorship and our new lead generation system.”
  • Expectation: Define the desired outcome. What does success look like? “The expected outcome is an email that boosts morale and reminds agents of the non-monetary benefits of our brokerage.”
  • Review & Refine: This is the crucial final step. Read the AI’s output. Is it accurate? Does it match your voice? Edit it. Tweak the sentences. Make it yours. The AI gives you a strong draft; you provide the final polish.

Option 2: Get “CLEVER” with Your AI Prompts

For the more analytical and detail-oriented leader, the CLEVER framework encourages a deeper, more strategic interaction with AI. If you enjoy looking at a problem from all angles and value precision, this is your model.

“CLEVER” is a fun and empowering acronym that suggests a more sophisticated level of interaction with AI.

Break it down:

  • Context: Set the stage. This goes beyond basic input. “We are a luxury brokerage in a competitive coastal market. Our target demographic for recruiting is experienced agents doing $10M+ in annual volume.”
  • Lens: This is the “perspective” or “role” you want the AI to adopt. “View this from the lens of a top-producing agent who is considering a move. What would they care about most?”
  • Expectation: Clearly state your desired outcome. “Generate a list of 10 interview questions to ask an experienced agent that will uncover their true motivations beyond just commission splits.”
  • Verify: Check the output for factual accuracy. If the AI mentions specific market data or trends, verify it. This step is critical for maintaining your credibility.
  • Edit: Refine the language, tone, and style to match your brand and personal voice. The AI might sound too formal or too casual. Your editing makes it authentic.
  • Review: A final read-through of your edited text to ensure it flows perfectly and meets all of your initial requirements.

Option 3: “REVISE” Your Approach

The REVISE framework is for the decisive, action-oriented leader. It’s a dynamic and iterative process for those who like to get a draft, react to it, and quickly mold it into exactly what they need. It’s about shaping the output with strong guidance.

“REVISE” emphasizes the iterative nature of working with AI and is a strong call to action.

Here’s the game plan:

  • Role: Define the AI’s persona. “You are an Instagram marketing specialist for real estate agents.”
  • Expectation: State the desired outcome upfront. “I need seven Instagram post ideas for a new listing.”
  • Viewpoint: Define the specific angle you want the AI to take. “The viewpoint should be focused on the lifestyle benefits of the home, not just the features. Think ‘entertaining friends on the patio,’ not ‘3-bed, 2-bath.'”
  • Input: Provide the essential data. “Input is the property address, a link to the listing, and key details like the new chef’s kitchen and the backyard oasis.”
  • Scrutinize & Sanitize: This is a powerful step. Check for accuracy, but also for biases or generic statements. “Sanitize” the content by removing clichés like “dream home” or “hidden gem.”
  • Edit: Make your final adjustments. Rewrite the call to action. Add a personal story or a specific market insight. This is your final stamp of approval.

The Takeaway

No matter which framework resonates with you, the principle remains the same: a structured prompt is the key to unlocking the power of AI. By moving beyond simple requests and thoughtfully guiding your AI assistant, you can generate higher-quality marketing copy, create more effective recruiting materials, and develop smarter strategies for your brokerage.

So, the next time you open that AI chat window, don’t just give it a task. Give it a role, a purpose, and a clear expectation. You might be surprised at the brilliance you get in return.

A System Will Produce What A System Will Produce, Nothing Less and Nothing More!

Unleashing Your Potential: Insights from Elena Cardone

You don’t always have to be in the room to feel the impact. Sometimes, the most powerful ideas travel through the networks we build. That’s exactly what happened this week when my phone started buzzing. Several trusted connections, all leaders in their own right, attended a seminar with business powerhouse Elena Cardone and were generous enough to share their notes.

As I reviewed their takeaways, a clear message emerged. The insights, stemming from an event sponsored by Capital Title, were too valuable not to synthesize and share. For anyone looking to build, grow, and dominate their industry, these principles are pure gold.

Here are the key lessons, compiled from the notes of those who were there:

1. Collaboration is the New Currency

A recurring theme was that in today’s economy, your greatest asset isn’t just your bank account; it’s your ability to form strategic alliances. The message from Cardone and Copeland was clear: fostering deep, collaborative relationships creates opportunities and generates value far beyond what one person can achieve alone. It’s time to shift our focus from just networking to actively building with others.

2. Commit First, Figure the Rest Out Later

This is a direct challenge to analysis paralysis. How many great ideas die while we wait for the “perfect” plan? The notes emphasized a core tenet of the “10X” philosophy: take decisive action. The act of fully committing to a goal unleashes the momentum and creativity needed to find solutions along the way. Progress over perfection.

3. Your “Future Self” Demands Present-Day Sacrifice

A powerful question, highlighted in every set of notes, was: “What are you willing to give up to get to where you want to be?” This is about making disciplined trade-offs. To become the person you aspire to be, you must consciously eliminate the habits, comforts, and distractions that are holding you back. Success has a price, and it’s paid with intention.

4. Audit Your Actions Daily

The most practical takeaway was a simple filter for daily decision-making: “Do my actions push my ‘Future Self’ farther away, or pull it closer?” This forces immediate accountability. Every choice, from what we eat to how we spend our time, either serves our ultimate vision or sabotages it.

5. Your Inner Circle is Your First Line of Defense

The people you surround yourself with will either build you up or tear you down. The notes from the event were starkly clear on this:

  • A huge red flag: When someone attacks your strengths. This is often a sign of their own insecurity and jealousy.
  • Another red flag: When someone feeds your weaknesses (vices, bad habits, etc.). These enablers keep you from your potential.

True partners, in business and in life, align with your ethics and champion your growth.

It’s a testament to the power of community that these lessons can ripple outwards. A big thank you to my network for sharing this wisdom. The message from Elena Cardone is undeniable: building an empire requires an unapologetic mindset, strategic action, and a carefully curated inner circle.


Source: These insights were compiled and synthesized from notes shared by several connections who attended a recent event featuring Elena Cardone and Lisa Copeland, sponsored by Capital Title.

What's Possible?
What’s Possible?

A Broker’s Briefing: California’s Mid-2025 Economic & Real Estate Outlook

For California real estate professionals, the mid-2025 market is a story of critical divergences that demand close attention. While existing home prices are hitting all-time records and sales are up due to inventory rising for the first time in nearly a decade, the new-build pipeline faces significant hurdles.

The primary challenge is on the supply side. Citing uncertainty over tariffs and high material costs, home builder sentiment is pessimistic, driving new housing permits down to their lowest levels since 2015. This suggests that while large-scale residential projects like Silverwood in Hesperia and Related Bristol in Santa Ana are proceeding, the broader flow of new single-family inventory may remain constrained. However, a potential bright spot for buyers is the forecast for one or two Federal Reserve rate cuts before year-end, which could provide much-needed mortgage rate relief and boost demand.

Broader economic trends are shaping the client landscape. While the state is expected to avoid a recession, it faces a major budget deficit, and the job market is shifting dramatically. Healthcare is the main sector adding jobs, while the tech industry has seen significant layoffs due to the adoption of AI. This employment shift could influence buyer demographics and demand across different regions.

On the commercial side, the office market remains weak but is finally showing signs of a turnaround in utilization in key markets like Orange County and San Diego County.

The Takeaway for Agents: The current market requires educating clients on a complex picture. The key opportunities lie with the rising inventory of existing homes and potential rate cuts. The primary challenge is the scarcity of new construction, which will likely keep upward pressure on prices for the foreseeable future.

Source: Analysis inspired by “The Economic Outlook for California at Mid-Year” (June 2025) by Mark Schniepp, California Economic Forecast.

Follow Up
Follow Up

Your Character Isn’t Forged in a Comment Thread. It’s Built in the Follow-Up.

The headlines are deafening. One expert predicts a market crash, another a buying frenzy. Interest rates are a daily obsession. A new lawsuit threatens to upend the entire industry. Everyone has a hot take, a prediction, a complaint. Everyone is a commentator.

The volume goes up, the noise gets louder, and it’s easy to get swept up in the chaos.

Meanwhile, nothing that truly builds your business has changed.

The phone still sits there, waiting for you to make the calls. Your database still needs to be organized. The difficult conversation with the seller whose home isn’t getting offers still needs to happen. Your skills still need to be sharpened, your value proposition still needs to be perfected, and your daily habits still decide who you are when the commission checks aren’t rolling in.

Mental toughness in real estate isn’t built when you have three offers on a listing in the first 24 hours. It’s forged when the world feels uncertain, and you stay focused anyway. It’s built when you choose discipline over distraction, client care over internet chatter, and grit over gossip.

Here’s the truth for every agent, broker, and recruiter in our industry:

You don’t need to win an argument about the future of commissions. You need to win the trust of the next family that needs to sell their home.

You don’t need to be right about where rates are going in six months. You need to be ready when a client calls you in a panic, needing a steady, expert hand to guide them.

When a deal gets rocky, when a buyer gets cold feet, when a market shifts and your clients need real strength, no one is going to care what you posted on Instagram. They will ask if you have a plan, if you can lead, if you can endure.

That is why we train. That is why we practice our scripts, why we master our CRM, why we preview property on a Tuesday morning when no one is watching. Not to impress our peers, but to become the kind of professional people can count on when it really matters.

Let other agents trade outrage online. You focus on building your capacity.

According to the National Association of REALTORS®, a significant number of agents leave the industry within the first five years. The reasons often boil down not to a lack of talent, but a failure to consistently perform the fundamental, unglamorous tasks of the job. It’s a failure in discipline.

How Do You Vet for Strength?

I’m inspired by a story from Joe De Sena, the founder of Spartan Race. He once had two men drive over seven hours for a business meeting. When they arrived, he didn’t take them to a conference room. He took them on a ten-mile run, followed by hundreds of pull-ups and burpees. By the time they sat down for breakfast, their hands torn up, he knew everything he needed to know. They showed up, did the hard work, and didn’t complain.

How are you vetting your agents? How are you assessing your own capabilities?

For recruiters and brokers, look past the vanity metrics. An agent’s strength isn’t measured by their follower count; it’s measured by their follow-up. Look for the agent who is obsessed with their craft, who time-blocks their prospecting, who seeks out coaching, and who doesn’t flinch when a client needs a dose of reality.

For agents, your character isn’t built in a viral Reel. It’s built when you get up at 5 a.m. to study the MLS before your family wakes up. It’s forged in the sweat equity of door-knocking in July and in the choice to take another negotiations course when you could be scrolling.

Strength doesn’t tweet. It quietly earns trust and closes deals.

Your Assignment This Week

Go quiet. Tune out the noise, the performative rage, and the endless speculation.

Pick something hard for your business and do it. Not because you’ll get likes for it, but because it will make you a better, stronger professional.

  • Make the 20 calls you’ve been avoiding.
  • Finally segment that messy database.
  • Have the pricing conversation you know you need to have.

The most successful people in this business are rarely the loudest in the room. They are the most disciplined, the most prepared, and the most focused on the things that actually matter.

Now go prove it.


Inspired by: De Sena, Joe. “The Hard Way” Newsletter.

Source: National Association of REALTORS® (NAR) member data and industry reports on agent success and failure rates.

A System Will Produce What A System Will Produce, Nothing Less and Nothing More!

The Real Estate Market is Shifting. Are You? 8 Tools for Thriving in Uncertainty

Let’s be honest. The headlines are swirling, the market is unpredictable, and conversations about interest rates, inventory, and commission structures seem to change by the minute. In times like these, it’s easy to feel like you’re reacting, not leading. It’s tempting to either hit the panic button or bury your head in the sand.

But what if this uncertainty wasn’t a threat, but an opportunity?

I was thinking about this the other day when I came across a piece by Leah Smart in her LinkedIn News newsletter, Everyday Better. She shared a personal story about facing a career crossroads: take the safe, prestigious management role, or step into the unknown to pursue a more fulfilling, self-directed path. She called it choosing to “roam the jungle” instead of climbing the ladder.

That phrase, “roam the jungle,” struck a chord with me. Isn’t that what the best agents, brokers, and leaders in our industry do? When the path isn’t clear, they forge a new one.

Her article introduced the work of April Rinne, author of Flux: 8 Superpowers for Thriving in Constant Change. Rinne provides a powerful framework for not just surviving, but actually thriving when the future is foggy. It’s a toolkit for resilience, and I believe it’s directly applicable to every single one of us in the real estate business today.

Here are the eight “superpowers,” translated for our world:

The Resiliency Toolkit for Real Estate Professionals

  • Run Slower: In an industry that screams “hustle,” this sounds counterintuitive. But it means being intentional. Instead of frantically chasing every possible lead, slow down to build deeper relationships with your clients and your sphere. A well-nurtured relationship will always outperform a high-volume, low-quality lead in the long run.
  • See What’s Invisible: The best agents don’t just see the house; they see the home. They don’t just hear the offer; they understand the client’s underlying motivation. Look past the daily market stats and see the emerging neighborhood trends, the subtle shifts in buyer desires, and the long-term value you provide beyond any single transaction.
  • Get Lost: If your current strategies are yielding diminishing returns, it’s time to get lost on purpose. Explore a new niche, test a radically different marketing channel, or learn a new technology. Getting “lost” is how you discover untapped markets and innovative ways to serve clients.
  • Start with Trust: In a climate of skepticism, trust is our most valuable currency. Assume good intent from your fellow agents in a negotiation. Be radically transparent with your clients about the process. When trust is your default setting, you build a reputation that withstands any market shift.
  • Know Your “Enough”: It’s easy to get caught in the trap of chasing one more deal, a higher GCI, a bigger team. But what does success really look like for you? Define your “enough.” Is it a certain income that gives you freedom? Is it a specific number of happy families served per year? Knowing your target allows you to grow sustainably without burning out.
  • Create Your Portfolio Career: Don’t just be a real estate agent. Be a community guide, a local market economist, a design consultant, a savvy negotiator, and a marketing guru. Think of your skills as a diverse portfolio. The more skills you curate, the more indispensable you become, regardless of market conditions.
  • Be All The More Human: In a world of AI-generated listing descriptions and automated CRMs, your humanity is your ultimate superpower. Empathy, strategic advice, a calming presence during a stressful negotiation—these are things technology can’t replicate. Double down on the human connection.
  • Let Go of the Future: You cannot control interest rates, housing inventory, or what the Fed will do next. Letting go isn’t giving up. It’s releasing anxiety over what you can’t control to focus intensely on what you can: your daily actions, your attitude, your skill development, and the level of service you provide.

Uncertainty is here to stay. But by building our resilience, we can reframe it as a landscape of opportunity. Pick one of these superpowers this week and put it into practice. The market will keep changing, but your ability to adapt will be your foundation for lasting success.


Inspired By: “How to Grow in Uncertain Times: 8 Tools for Resilience,” a newsletter by Leah Smart for Everyday Better.

Source: Smart, L. (2025, June 13). How to Grow in Uncertain Times: 8 Tools for Resilience. LinkedIn News. The piece references the work of April Rinne, author of Flux: 8 Superpowers for Thriving in Constant Change, and Suleika Jaouad.

What's Possible?
What’s Possible?

Unlocking Your Potential: On Bold Requests and Perfect Timing

Ever feel like you’re waiting for the “perfect” moment to start something new? Or maybe you’re holding back on asking for what you truly want because it feels a little too audacious? These are feelings we can all relate to. This week, I came across some powerful insights from James Clear’s “3-2-1” newsletter that really resonated with me, and I wanted to share them with you.

Finding Your Best “How”

We often get stuck on finding the one “right” way to do something. But as Clear points out, there’s usually more than one path to success. He suggests a straightforward yet brilliant exercise:

“There is always more than one way to do something. Write down as many ways as you can think of to achieve your desired outcome. Then, rank them based on how much time they take, how much money they cost, and how effective you expect them to be. Choose the best.”

This is such a practical way to break out of analysis paralysis. Instead of getting hung up on a single method, we can map out our options and make an informed choice. It’s about being intentional and strategic in our approach.

The Courage to Make “Unreasonable” Requests

This idea really hit home. We often limit ourselves by what we think is “reasonable” to ask for. But as former lawyer and professional poker player Cate Hall says:

“Ask for things. Ask for things that feel unreasonable, to make sure your intuitions about what’s reasonable are accurate (of course, try not to be a jerk in the process). If you’re only asking for things you get, you’re not aiming high enough.”

This is a powerful reminder that our perception of what’s possible can be skewed. By pushing the boundaries of what we ask for, we not only open up new opportunities but also recalibrate our own sense of what we can achieve.

The Fierce Urgency of Now

Clear also touches on the critical element of timing. It’s easy to put things off, telling ourselves we’ll be ready “later.” But as he wisely notes:

“Today might be the best chance you have to take action. The longer you wait, the more deeply embedded you get in your current lifestyle. Your habits solidify. Your beliefs harden. You get comfortable. It will never be easy, but it may also never be easier than it is right now.”

This sense of urgency also applies to our conversations. The concluding question from the newsletter is a profound one:

“What do we need to be talking about now, so we can learn the lessons before we need them?”

By addressing potential issues proactively, we can prevent problems before they arise. It’s about having the courage to have the important conversations now, rather than waiting until we’re in defense mode.

In a world that can often feel cynical, these ideas are a call to action. They encourage us to be proactive, to be brave, and to believe in the value of our efforts. As the musician Nick Cave puts it, hopefulness is a “warrior emotion that can lay waste to cynicism.” It’s in the small, deliberate actions—the thoughtful planning, the bold requests, the timely conversations—that we build a more hopeful and successful future for ourselves.


This blog post was inspired by and adapted from the June 5, 2025 issue of James Clear’s “3-2-1” newsletter. You can read the original content and subscribe at jamesclear.com.

What's Possible?
What’s Possible?

Your Agents’ Old Playbook Is Obsolete. Here’s the Leadership Strategy for What’s Next.

As leaders in the real estate industry, our most critical function is to see the turn in the road before our teams do. For the last several years, the path has been straight and the wind at our backs. That has changed. The market has shifted, and the strategies that created top producers yesterday are quickly becoming irrelevant.

That’s why, when an essential industry voice like RISMedia convenes the industry’s sharpest minds for its annual Power Broker Forum, I consider the insights shared to be mandatory intelligence for every brokerage leader. The recent panel in Washington, D.C., featuring the presidents and CEOs of powerhouse firms like Samson Properties, Keller Williams Capital Properties, The Keyes Company, and C21 New Millennium, was no exception.

The message from these leaders was unequivocal: The era of passive agent management is over. If your agents are going to win in this new landscape, it will be because you, as a leader, equipped them with a new playbook. Here are the strategic imperatives you and your leadership teams must be focused on right now.

Mandate 1: Evolve from Data Provider to Strategic Counselor

For the first time in a decade, significant markets are seeing inventory levels climb—Kymber Lovett-Menkiti reported over five months of supply in D.C., while Christina Pappas cited a staggering two-year surplus of condos in Miami. Your agents are facing seller conversations they’ve never had before.

Your Leadership Imperative: Your role must evolve beyond simply providing access to data dashboards. You must actively train your managers and agents to interpret this data and frame a compelling strategic narrative for their clients. Are you running workshops on how to conduct a data-driven listing presentation for a seller whose expectations are anchored in 2022? Are you teaching them to shift the conversation from “your home” to “your biggest asset,” as Donny Samson advocated?

If your agents can’t translate market stats into a clear, persuasive strategy, they will lose listings.

Mandate 2: Build Foundational Skills, Because “Back to Basics” Isn’t Enough

Christina Pappas made the most pointed observation of the day: “The average (agent) has been in this business for less than 10 years and has no idea how to sell or market.” The challenge isn’t “back to basics”; for a significant portion of your roster, it’s about building the foundation in the first place.

Your Leadership Imperative: Audit your training calendar immediately. Is it built for today’s market reality? The panelists were unanimous on the need to get agents back into the office for purposeful, structured training. As a leader, your job is to create an environment where collaboration and skill-building are not just encouraged, but expected.

This is the time to double down on in-person listing workshops, mastermind groups, and role-playing difficult client conversations, building the muscle memory required for proactive, high-touch service.

Mandate 3: Force a Redefinition of Your Agents’ Value Proposition

Perhaps the most urgent mandate came from Jason Carrier, who challenged the industry to “stop talking about how many years of experience we have.” His point was sharp and accurate: tenure is not a measure of talent.

In an era of intense commission scrutiny, a vague value proposition is a liability.

Your Leadership Imperative: You must force your agents to redefine their value in quantifiable terms. Teach them to build a case based on their performance metrics—average days on market, list-to-sale ratio, and a proven marketing plan. Carrier asks his agents to prove they are “10% better” than the competition with tangible results. Are you making this the standard in your brokerage? Are your top producers demonstrating how they quantify their value in your sales meetings? As Carrier noted, leadership must “show what ‘right’ looks like.”

Mandate 4: Be the Executive Producer of the Client Experience

In a market where sellers have more choices, the ultimate differentiator is the client experience. The panel referenced the show “The Bear” to illustrate how one establishment can elevate a simple commodity to a luxury experience.

The value isn’t in the product; it’s in the delivery.

Your Leadership Imperative: Brokerages must be the architects of a superior client experience. This means providing the systems, partnerships, and tools that empower your agents to become indispensable advisors. Are you equipping them with a seller’s checklist, as The Keyes Company does? Are you providing them with resources to help sellers stage and prepare their homes? Your job is to create a framework that allows your agents to confidently “diagnose” a client’s needs and deliver a bespoke, five-star solution that justifies their fee, every single time.

The leaders on the RISMedia stage weren’t just sharing tips; they were outlining a doctrine for modern brokerage leadership. The organizations that gain market share in the coming years will be those whose leaders embrace their role as chief strategists, trainers, and cultivators of talent.

The critical question isn’t just whether your agents are ready for this market. It’s whether you are doing what’s necessary to prepare them.

Price is only an issue in the absence of value.

If you’re grappling with how to implement these high-impact strategies within your own leadership team, let’s connect. It’s time to build the future of your brokerage, not just react to it.

Open loops?
Open loops?

Slow Start to California’s Housing Season as Prices Reach New Highs

The California housing market is experiencing a sluggish beginning to the season, with home sales seeing a year-over-year decline for the second time in four months. This slowdown is attributed to a combination of elevated interest rates and persistent economic uncertainty. The condominium market, often a more accessible entry point for first-time buyers, has also seen a softening as affordability and insurability black lists continue to widen.

Market at a Glance

Recent data from the week ending May 31, 2025, shows a dynamic yet challenging market. On a daily basis, there were 556 closed sales, 548 pending sales, and 768 new listings. The median list price for a home in California has now reached $815,000, with the price per square foot at $428. Homes are sitting on the market for an average of 88 days, with a median of 42 days.

Despite the high prices, the market action index indicates a “Slight Seller’s Advantage” at 41, a figure that has remained steady from the previous month. This suggests that while sales have slowed, inventory remains relatively tight, keeping prices firm. Total inventory across the state is currently holding at around 56,395 homes.

REALTORS® Activity and Outlook

In the previous week, real estate professionals saw a mixed bag of activity. While 33.8% of REALTORS® listed a property, a 10% increase, and 24.6% closed a sale, up 12.1%, the number of those entering escrow saw a slight dip of 0.4% to 13.8%.

Looking ahead, REALTOR® sentiment reflects the market’s uncertainty. A significant 46.9% of REALTORS® anticipate that listings will increase, a rise of 3.7% from the previous quarter’s sentiment. However, there is less optimism about sales and prices. Only 23.4% expect sales to go up, a 4.1% decrease in positive sentiment, and a mere 9.4% believe prices will rise, a substantial 9.4% drop in confidence from the last quarter.

A Look at Housing Affordability

A significant factor contributing to the market’s slow start is the increasing difficulty for many Californians to afford a home.

In 2024, less than one-fifth (18%) of all Californian households could afford to purchase a median-priced home of $865,440. To afford such a home, a minimum annual income of $221,200 is required to manage the estimated monthly payment of $5,530, assuming a 20% down payment and a 6.84% interest rate.

The ability to afford a home varies across different ethnic groups. In 2024, 21% of White households could afford a median-priced home, compared to 27% of Asian households, 10% of Black households, and 9% of Hispanic/Latino households.

Economic Headwinds

The broader economic landscape presents a mixed but cautious outlook. While consumer confidence has seen a partial rebound, CEO confidence has fallen due to concerns over geopolitical instability and tariffs, with many predicting a recession in the next 12 to 18 months. Although a key inflation gauge is easing, potential price hikes from major retailers could reverse this trend. These factors are keeping mortgage rates high, causing a stall in the housing market as both buyers and developers adopt a “wait and see” approach, evidenced by a third consecutive monthly decline in construction spending.

Sourced from the California Association of REALTORS® and Altos Research.

California Housing Market
California Housing Market

Unlock Your Focus: Thrive Through Real Estate’s Ups and Downs

In the dynamic world of real estate, we’re no strangers to constant motion. Interest rates dance, inventory shifts, headlines buzz with industry news, and those broader economic “tariffs” can feel like they change the game overnight. While this fast pace is part of what makes our field exciting, it can also be demanding, especially when we’re trying to plan, lead, and perform at our peak.

But here’s an empowering truth: this environment doesn’t have to lead to overwhelm. I was recently reflecting on this very challenge after reading an incredibly insightful LinkedIn post by Juliet Funt – an absolute master at helping leaders reclaim their focus and sanity, and the brilliant author of A Minute to Think. Her work is a powerful reminder that the key isn’t to eliminate uncertainty (if only!), but to manage our response to it. When we allow ambiguity to run unchecked, it can cloud our thinking. But as Juliet often emphasizes, we have the power to choose a different path. It’s about empowering our minds by skillfully directing our attention.

Inspired by her wisdom, let’s explore some truly effective strategies to help you do just that.

Create Space for Clarity: Your “Appointment with Stress”

We all know how those persistent worries – “Is this the right move for my brokerage?” “How can I best support my agents through this market?” “Will that crucial deal close?” – can try to steal our focus throughout the day. One of the most transformative techniques I share, drawn from Chapter 3 of A Minute to Think, is beautifully simple: Make an Appointment with Stress.

Instead of letting anxieties simmer on the back burner, you proactively schedule a brief, dedicated time – say, 10-15 minutes – to consciously engage with them. This is your window to thoughtfully consider the challenges, the “what-ifs,” the uncertainties. Give them your full attention.

Then, when the time is up, you gently close that mental file. You’ve honored the need to process, and now you can fully dedicate your energy to the high-impact activities that drive your success: connecting with clients, mentoring your team, strategizing growth, or finding that perfect recruit. When a worry tries to pop up outside its scheduled time, you’ll have an empowered response: “Thanks for the reminder, but I’ve got a dedicated time for you. Right now, I’m focused on [your current task].

Amplify Your Attention: Two More Game-Changing Practices

To take your focus and composure to the next level, let’s build on this with two more powerful practices:

  1. Embrace the Challenge (“Bring It On”): This fascinating technique comes from the world of performance. Actors feeling pre-show jitters sometimes find that if they lean into the nervousness, consciously trying to feel it more intensely for a moment, its power diminishes. It might sound counterintuitive, but by courageously facing the emotion on their own terms, they regain a sense of control. The same principle can work wonders for us. When a fear about the market or a challenging negotiation arises, instead of resisting it, try acknowledging it, even inviting it in for a moment. You’ll often find its grip loosens, allowing you to manage it instead of it managing you.

  2. Cultivate a Constructive Inner Dialogue: Sharing our challenges is natural, and connecting with colleagues is vital. However, continuously replaying negative loops about the market, difficult deals, or industry anxieties can inadvertently amplify our stress and drain our energy. When you notice yourself caught in such a monologue, internally or externally, gently pause. Take a moment to connect with your present environment: the feel of your office chair, the sight of a picture on your desk, a deep breath. This simple act of grounding yourself creates a space. From this space, you can consciously choose a more empowering narrative or shift the conversation towards solutions and positive next steps. These small redirections are incredibly powerful for resetting your attention and maintaining a constructive outlook.

Why This Matters More Than Ever for You

As driven brokers, recruiters, and high-performing agents, your capacity for action, strategic thinking, and decisiveness is already immense. These mental strategies aren’t about changing who you are; they’re about amplifying your existing strengths and giving you more control over your inner game.

Think of these practices as essential tools in your high-performance toolkit – designed to cultivate the unwavering clarity, sustained energy, and decisive leadership that set you apart. They help you serve your clients, support your teams, and navigate your business with greater calm and confidence, no matter what the market throws your way. This isn’t just about feeling better; it’s about performing better.

This is how we build the resilience and focus to not just get through challenging times, but to truly thrive.

I’ll meet you in the white space.

A System Will Produce What A System Will Produce, Nothing Less and Nothing More!