12 JAN 2024 · In this episode of The Rowe Report, hosts Elizabeth Rowe and Adam Robison have an honest conversation about the challenges facing real estate agents in today's market. With rising interest rates, inflation, and an uncertain economy, many agents are struggling to stay afloat. Elizabeth and Adam acknowledge that it's harder than ever to make money in real estate right now, but emphasize that agents are not alone. Top producers across the industry are seeing their businesses decline by 40% or more. This market requires perseverance, consistency, and an unwavering commitment to doing the hard but necessary work. The key takeaways are to know your numbers, find mentors and communities to support you, establish healthy habits and boundaries, and remain focused on consistent action. Elizabeth and Adam explore the importance of mindset, self-talk, and surrounding yourself with positive voices. They advise doing a gut check; if real estate isn't working for you, consider finding something else that aligns with your skills and passions. This isn't a call to quit, but an invitation to get honest about whether this business model fits your life. Overall, the episode underscores that we all struggle sometimes. The hosts aim to encourage agents to keep going, make adjustments where needed, and don't lose hope. There is strength and freedom in acknowledging the challenges and in community. Consistency, commitment, and discipline are what separate the pros from those just getting by. Master the fundamentals, and you can thrive in any market.
Watch on YouTube: https://youtu.be/Cf0oBIrwK9A