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    Your Edge in a Tough Market

    Let’s cut to it: This market isn’t for the faint of heart. High rates, expanding inventory with higher days on market, demanding clients – it’s a grind. But for the sharpest brokers, recruiters, and agents, it’s also a massive opportunity to outpace the competition.

    I’m borrowing and resharing the potent 3-2-1 structure and the inspiration for this content from James Clear, author of Atomic Habits and cofounder of Authors Equity. His June 26th newsletter and blog is a no-fluff way to deliver maximum impact in this market:

     

    3 Ideas

     

    I. Double Down on Your Hottest Lead.

    “Start with the best opportunity available to you. If you make the most of what you have in front of you right now, better opportunities will become available as you go along.”

    Forget chasing ghosts. Who’s that motivated seller you just spoke with? That agent candidate who’s actively looking to switch? The referral source who just promised you a warm intro? Stop scattering your energy. Nail that one thing first. Small wins build massive momentum, especially when the market feels stagnant.

    II. Your Network is Your Net Worth. Period.

    “Relationships are usually the most important thing. If you want to achieve more, there is some relationship that can unlock better results… Whatever you’re trying to accomplish, relationships are probably the key to getting there.”

    In this market, transactions are harder-won. So, where’s your leverage? It’s your relationships. Are you consistently nurturing your top 50 past clients? Are you building genuine rapport with every lender, inspector, and title rep? For recruiters, are you actively connecting with team leaders and high-performers? Your next big deal or top recruit isn’t coming from a cold call; it’s coming from a cultivated connection.

    III. The Toughest Days Are About Showing Up.

    “Mental toughness is often framed as the perseverance that gets you across the finish line… But most days, mental toughness isn’t about crossing the finish line. It’s about getting to the starting line: Show up when no one is watching, Keep your eye on the ball, Do a little bit every day.”

    Forget the Hollywood grit. Real mental toughness in real estate right now is the daily grind. It’s making those 20 prospecting calls when you feel zero motivation. It’s perfecting your listing presentation when listings are scarce. It’s following up with that lukewarm lead again. The market doesn’t reward the flashiest; it rewards the relentless. Don’t skip the “easy-to-skip” days.


     

    2 Quotes

     

    I. Stay Present: Stop Missing the Deal Right Here.

    Jesuit priest Anthony de Mello nails it:

    “Think of yourself in a concert hall listening to the strains of the sweetest music when you suddenly remember that you forgot to lock your car. You are anxious about the car, you cannot walk out of the hall and you cannot enjoy the music. There you have a perfect image of life as it is lived by most human beings.”

    Source: The Way to Love

    Are you so stressed about the next commission check or the looming market shift that you’re missing the opportunities, the client connections, and the joy of your actual work today? Be present in your current deal. Focus on the client in front of you, not the hypothetical next one.

    II. Service First: That’s Where the Money & Meaning Are.

    Poet Ellen Sturgis Hooper reveals a profound truth:

    “I slept, and dreamed that life was joy; I woke, and found that life was service. I acted and behold, service was joy.”

    Source: The Dial (July 1840)

    This isn’t about being a martyr. It’s about strategic thinking. In a tough market, the agents, brokers, and recruiters who win are those who are problem-solvers. Who are you serving better than anyone else? How are you adding massive value? When you focus on helping others succeed – whether it’s a client buying their dream home or an agent building their business – the “joy” (and the income) follows.


     

    1 Question

     

    There’s a difference between feeling tired and feeling empty. One probably needs sleep. The other… purpose.

    Are you low on rest or low on meaning?

    This is your gut check. Are you simply grinding too hard and need a true break? Or is there a deeper void – a lack of connection to why you’re putting in these hours? If it’s the latter, stop. Reconnect with your core purpose.

    • Why did you get into real estate?
    • Who are you fighting for?

    That clarity is your fuel in the lean times.

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

    Tax Bill Update: What You Need to Know for Real Estate

    Updated: July 5, 2025

    As a coach and consultant to real estate broker-owners, C-suite executives, recruiters, and agents, I’d like to share an important update on the “One Big Beautiful Bill Act.” This significant tax reform legislation has successfully passed through both the U.S. Senate and the House of Representatives and has been signed into law by the President.

    This bill isn’t just another piece of legislation; it’s packed with provisions that will profoundly impact the real estate sector, influencing homeownership incentives, shaping investment strategies, and redefining the operational landscape for real estate professionals like us. The National Association of REALTORS® (NAR) truly went to bat for our industry, and their advocacy efforts certainly paid off.

    Let’s dive into the key provisions that will directly impact real estate and homeownership.

    Key Provisions Directly Impacting Real Estate and Homeownership

    The “One Big Beautiful Bill Act” brings a mix of permanent and temporary changes designed to influence both individual taxpayers and businesses within our real estate world:

    • Permanent Extension of Lower Individual Tax Rates: This is big for everyone. By maintaining existing lower income tax rates for individuals, this translates into more disposable income for potential homebuyers and current homeowners. More money in their pockets means stronger demand and improved affordability – a win-win!
    • Enhanced and Permanent Qualified Business Income (QBI) Deduction (Section 199A): This is fantastic news for many of you operating as independent contractors or through pass-through business structures. The permanent 20% QBI deduction offers consistent, long-term tax relief. This makes a career in real estate even more financially attractive for self-employed professionals, helping with talent attraction and retention.
    • Temporary Quadrupling of the State and Local Tax (SALT) Deduction Cap (Beginning 2025): This is a huge relief for homeowners in high-tax states! The SALT deduction cap is jumping from $10,000 to $40,000 for households earning under $500,000. While temporary (lasting through 2029 with a 1% inflation adjustment after 2025, reverting to $10,000 in 2030), this offers substantial tax relief, potentially freeing up significant funds for housing-related expenses. Plus, the bill safeguards the ability for businesses to deduct state and local taxes paid through state-enacted pass-through entity taxes.
    • Permanent Extension of the Mortgage Interest Deduction (MID): The MID continues to be a permanent tax provision, allowing homeowners to deduct interest paid on the first $750,000 of mortgage debt. Even better, it restores the ability to deduct mortgage insurance premiums! This ensures a long-standing incentive for homeownership remains firmly in place and is even stronger.
    • Protection for 1031 Like-Kind Exchanges: No changes here, and that’s great news! The bill explicitly maintains and protects 1031 like-kind exchanges. This critical tool allows real estate investors to defer capital gains taxes on investment property sales, supporting ongoing investment activity in our markets.

    Other Relevant Measures with Broad Housing and Economic Impacts

    Beyond the core real estate items, there are other provisions in the bill worth noting due to their broader economic and housing implications:

    • Low-Income Housing Tax Credit (LIHTC) Enhancements: This is a major boost for affordable housing initiatives. The bill permanently increases the LIHTC’s state allocation to 12% and lowers the bond-financing threshold to 25% beginning in 2026. These provisions are expected to significantly support and stimulate the development of affordable housing, with some analysts projecting the creation of around one million affordable units!
    • New Provision for Condominium Developers (Completed Contract Method): This is a significant win if you’re involved in condominium development! The bill now allows developers to use the completed contract method for reporting income from sales of to-be-built condominiums, rather than the percentage-of-completion method. This means income is taxed when the sale actually closes and proceeds are received, providing much better cash flow management and potentially incentivizing more new construction.
    • Child Tax Credit Increased to $2,200: While not directly real estate, this permanent increase, with inflation indexing, indirectly helps housing affordability for families by increasing their overall financial capacity and disposable income. Happy families mean stable housing.
    • Permanent Estate and Gift Tax Threshold Set at $15 Million (Inflation-Adjusted): For those involved in wealth transfer, this measure stabilizes the exemption level at $15 million per person for individuals dying or gifts made in 2026, with continued inflation indexing after 2026. This provides greater certainty for estate planning, particularly when dealing with substantial real estate assets.
    • Strengthened Opportunity Zones: Good news for targeted investment! The bill establishes a permanent policy for Opportunity Zones that creates a recurring 10-year designation period beginning in 2026. It also eliminates the December 2026 sunset date for deferring capital gains, allowing investors to defer gains for up to five years or until the investment is sold, fostering long-term economic development in designated areas.
    • Termination/Phase-out of Certain Energy Credits: This is an important detail for new home construction and energy-efficient upgrades. The bill includes the termination of the Electric Vehicle Credit as of September 30, 2025, and the elimination of the Section 45L New Energy Efficient Home Tax Credit and the Section 25D Residential Clean Energy Credit after June 30, 2026, and 180 days after enactment, respectively. Keep this in mind for future projects and client advice.
    • Restoration of Key Business Provisions (Bonus Depreciation): The bill reinstates 100% bonus depreciation, allowing businesses to fully deduct the cost of qualifying property components (like certain renovations or improvements) in the year they are placed in service. While primarily for commercial properties, this can significantly impact real estate investors and developers.

    Strategic Considerations for Your Business

    With the “One Big Beautiful Bill Act” becoming law, these tax changes are no longer theoretical – they are happening. Proactive planning is absolutely essential:

    • For Agents: Understanding the specifics of these tax provisions allows you to provide informed and accurate guidance to clients on potential financial implications related to homeownership, investment properties, and business operations. This knowledge will solidify your position as a trusted advisor.
    • For Broker-Owners and C-Suite: Now is the time to analyze how these changes could influence market demand, operational costs, and your ability to attract and retain talent, especially those operating as independent contractors benefiting from the enhanced QBI deduction. The increased SALT cap and MID provisions may also bolster buyer confidence in certain markets, so consider how to leverage that.
    • For Recruiters: The QBI deduction and other individual tax rate provisions significantly enhance the financial attractiveness of a real estate career, particularly for self-employed professionals. Make sure you highlight these robust financial benefits in your recruitment pitches!

    The “One Big Beautiful Bill Act” represents a substantial shift in the tax landscape with direct and indirect implications for the real estate industry. Staying informed and adapting your business strategies will be crucial for success in this evolving environment. I will continue to provide detailed analysis as the bill is officially signed into law and its full impact begins to unfold. Stay tuned!

    What's Possible?
    What’s Possible?

    You don’t discover who you are. You create who you become.

    Scott D. Clary recently dropped some serious wisdom in his June 30th newsletter, and it hit me hard. He said, “You don’t discover who you are. You create who you become.” This isn’t just a catchy phrase; it’s a fundamental truth that I believe is critical for every real estate broker owner, recruiter, and agent looking to truly grow their practice.Clary’s core message? Choose delusion.

    Now, before you think I’m suggesting we all lose touch with reality, let me explain. He’s not talking about living in a fantasy world. He’s talking about questioning the “realistic” limitations that we often unknowingly adopt from others.

    Think about it. How many times have you heard or even said yourself:

    • “That’s just how the market is.”
    • “You can’t hire top talent without a huge budget.”
    • “Only experienced agents can close big deals.”
    • “Lead generation is a grind, there’s no easy way.”

    Clary argues that these “rules” and “limitations” are often just collective hallucinations – ideas that enough people have agreed upon, making them feel like universal truths. He spent his twenties being “smart, practical, realistic,” only to realize he was living inside someone else’s agreed-upon reality.

     

    The World Isn’t Fixed, It’s Malleable

     

    This is where it gets exciting for us in real estate. Clary points out that:

    • Money? Made up. (Think about how commissions are set, how values are assigned – they’re agreements!)
    • Your job? Made up. (The structure, the expectations, the path – all created.)
    • The idea that you need permission to start something? Made up. (Go launch that new team, that new marketing strategy, that new brokerage!)
    • The belief that some people are naturally more capable than others? Made up. (Talent can be developed, drive can be cultivated.)

    Every major breakthrough in history – from the eight-hour workday to democracy to flying – started as someone’s “delusional” idea that defied the consensus. Someone chose to believe in something different, and then they made it happen.

     

    Our Divine Gift: Discernment and Decision

     

    This really resonates with something I’ve often written about: as humans, we’ve been given the incredible gift of discernment and decision. We’re not passive recipients of reality; we actively interpret it. We decidehow we see the world, how we interpret challenges, and what we believe is possible. This isn’t just about positive thinking; it’s about leveraging our innate ability to critically assess the “rules” and choose which ones we allow to govern our lives and businesses.

    Just as I’ve talked about in previous blogs, that inner voice, that intuition, that God-given capacity to differentiate between what truly serves us and what are simply inherited limitations – that’s your power. It’s what allows us to look at a “made up” rule in real estate and decide, “No, that’s not for me. I’m choosing a different path.”

     

    Why Reality Fights Back (And Why That’s Okay!)

     

    When you start to challenge these established “realities” in your real estate business, guess what happens? People get uncomfortable. They’ll tell you you’re being “unrealistic” or “naive.” They’ll say, “That’s just how things work.”

    But here’s the kicker: They’re not protecting you from disappointment; they’re protecting their own version of reality. Their comfort, their power, their status quo often depends on you accepting their limitations as universal laws.

    When you refuse to accept “that’s just how things work,” you’re not just challenging them; you’re forcing them to question their own choices and beliefs. This is where your discernment becomes paramount. You’ll need to decide who you listen to, and whose “reality” you decide to live within.

     

    It’s Time to Choose YOUR Delusion

     

    That industry standard everyone follows? Just a story benefiting whoever created it. Those barriers to entry everyone respects? Just agreements that can be ignored by anyone with the guts to ignore them. That career path everyone takes? Just one way of doing things that someone made up.

    Reality is simply a consensus opinion that’s gained momentum. And the good news? Consensus can change faster than you think.

    Every time you act like something impossible might be possible in your real estate practice – whether it’s building a brokerage from scratch, recruiting top agents who seem out of reach, or scaling your team beyond what’s “normal” – you’re running an experiment. You’re testing the boundaries of what everyone else thinks is real. You’re weakening the collective hypnosis that keeps limitations in place.

    The people who reshape our industry aren’t necessarily more talented or better connected. They’re just more committed to their “delusions” than most people are to theirs.

    So, what “delusion” are you going to choose?

    You can keep living inside other people’s successful delusions and call it being realistic. You can keep accepting their limitations as your limitations. You can keep asking for permission to do things that don’t require permission.

    Or, you can start testing which rules actually matter and which ones are just stories waiting to be challenged by someone committed enough to prove them wrong. This is where your divine gift of discernment truly shines. Decide for yourself.

    The world, and specifically the real estate world, is far more malleable than “they” told you. “They” needed you to believe it was fixed.

    Stop being realistic about what exists. Start being delusional about what could exist.

    The person who understands this has an unfair advantage over everyone who doesn’t.

    That person might as well be you.


    Source: Thoughts of the Week: June 30th, 2025 by Scott D. Clary.

    What's Possible?
    What’s Possible?

     

    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?
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