Transcript
Josh Dyke (0:00)
Foreign,
Luke Acrey (0:05)
Your number one sales and marketing podcast on a mission to help you close more deals, keep more clients, and build the life of freedom you are working towards. That can only happen if you're willing to take action today. My name is Josh Dyke, Chief marketing officer here at Reminder Media, joined as always by Luke Acrey, president of Reminder Media. And our guest today is Matthew Ferreira. Matthew is a renowned thought leader in the real estate industry and strategic consultant with over three decades of experience. He founded a leading technology training and consulting firm and created the industry's foremost technical support call center and online learning portal, impacting brokerages and associations across 49 states and 36 countries. We got to hear what the one state was Matthew here in a little bit. A seasoned keynote speaker and mentor, Matthew combines lessons from business and literature into practical strategies. While his photography work supports various charitable causes. Beth, you're welcome to stay paid. Thanks for being here.
Matthew Ferreira (0:58)
Thanks for having me. Really glad for today's discussion.
Josh Dyke (1:01)
Yeah, man, really excited to have you on the show. He also has a great newsletter, always inspiring dot com. You guys check that out. I got the chance to meet Matthew at the Home Smart conference. We were both speaking there and not only had a phenomenal talk, what was really awesome is after the fact, Daryl and I. So Darrell's our EVP of partnerships and stuff. We got to pick Matthew's brain for had to be an hour and this guy's like the industry whisperer of real estate. So you're in for a real treat. With that being said, Matthew, I'd love to throw you out the first question, which is, you know, you have all this change happening and battles happening in terms of lawsuits and obviously the compass deal with anywhere you have, you know, the industry shifting with AI and everything coming in. What are you telling agents that their focus should be right now in the midst of all this change? Like, where should their North Star be? Or can you even choose a North Star with all the change going on?
Matthew Ferreira (2:04)
That is a great question to start with. It is the number one thing on people's minds right now. So let me tell you how I've been approaching it and, and I've been approaching it this way with agents, I've been approaching it this way with broker owners and even corporate leaders, mlss, you know, realtor executives, franchise executives. Doesn't matter who I'm approaching with. Basically my approach has two pieces. Part number one is this. Let's remember that success in this business comes from when we interact with consumers, not amongst ourselves. So a lot of what's Going on in the business right now is like internal naval gazing, you know, strife and struggle that consumers neither care about nor frankly are paying attention to. So we want to be cautious that we're not filling our day with paying attention to like this, you know, internal politics of our business, if you will, because none of that brings you any money. Okay? You could be right or wrong or bigger or smaller or faster or whatever it is internally to the industry and still be broken. It's irrelevant unless you engage the consumer. And the consumer could care less whether you had a 27 part scheme to do this or that or, you know, no one ever writes you a thank you note and says thank you for your lockbox. It was the most lockable lockbox you ever like. They don't care about your tools, they don't care about your systems. They care about the fact that they're trying to sell a home or buy a home or both, and that you can be the right person to be with them on that mission. Okay? So I tell agents, I tell brokers, I said just be careful. You're not overdosing on internal politics. That don't bring you any profit of any kind. They don't actually help your mindset. They make you grumpy, they make you feel combative to your colleagues that, you know, 70% of homes are co broke in the United States. You're going to have to deal with other brokers and other agents. You better have a positive mindset around that. So that's the first thing I say, is just be careful not to overdose on what I call the industry's doom scroll. We are so well good, right? And we're really good at doom scrolling. So that's number one. And then number two is this. You've got to remember that no matter what happens in this business, you've got this. There's nothing that I've experienced In the past 35 years in this business that we haven't turned into opportunity. Nothing. You name it. Financial meltdowns, recessions, pandemics, portals I buyers, algorithms, murder hornets, you name it, whatever the heck they throw at us.
