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Learn how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.

Sep 27, 2018

FAR 191 Steve Rigby, Selling with SMILE

Expected Air Date: 9/27/18

Opening

Thank you Kathy Curtis! Today our guest is Steve Rigby, author of the book “S.M.I.L.E. How a People First Philosophy Creates Extraordinary Sales.” In our conversation we are going to break down the major points of his book and talk about specific ways to improve our relationships as a way of increasing sales. For nearly two decades, Steve Rigby served the homebuilding industry as both a student and a teacher of selling, managing, and training. Steve was responsible for directing the sales efforts for three of the nation’s top-ten public homebuilders. As a result, those companies experienced tremendous growth with very healthy bottom lines. In the past decade plus, Steve has continued to prove his proficiency as a thought leader through his own business, New Wings Consulting, LLC, which serves companies across a variety of industries. As he’s accustomed to seeing, those companies are also experiencing tremendous growth and very healthy bottom lines. Steve resides on Lake Travis, just outside Austin, Texas  with his wife, Susan, their two horses, Blondie and Envy, and their dog, Drizzle. If you’re up for a visit, he and Susan conduct retreats at their cabin on the lake. Those who have been there will tell you it’s something worth considering!

How to contact us

www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it’s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.

Announcements:

  • FlipStarter Nov 2-3, Atlanta, GA  
  • Lunch with me every Wednesday.
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.  

News!

Guest:  Steve Rigby

Imagine everyone I meet is wearing a sign that says, “Make me feel important.”
  1. Keep it Simple
  2. It’s up to Me
I    Identify the individual (personality type)
  1. Little Decisions
  2. Enjoy
7 Rules of Shopping.

Comment Line calls and Questions

Call 404-369-1018, press 1 and leave your message!

Emails:

Questions@flippingamericaradio.com Tell us where you’re from!
  • Note from staff: So what ARE you saying about the market over the next 12 months?  Here are Flipping America we are continually monitoring a number of data points not just in the Atlanta market but nationally. Data points include default rate and mortgage rate (not the same thing and they are at historic lows right now), Home sales volume (trends), Home prices (year over year trends) and new construction starts. There are other factors that are more difficult to quantify in a chart, but we pay attention to lending guideline changes, the sales of sub-prime loans on the secondary market (hint: securitization of those loans never stopped), and the impact of mortgage interest rates to name a few. In our view, the collapse of 2007-08 was unprecedented and unlikely to be repeated in our lifetime. But the real estate market does correct and is somewhat cyclical. We are projecting a return to a balanced market (3 month supply of homes) in the next 6-12 months. This means it will take a little longer to sell, investors will have to put more effort into selling, but there will be more inventory to buy as well. Coastal regions will likely see price reductions over the next 12 months, but the rest of the country will see above average increase in values (around 5-6%) for the next year. We think Atlanta will finish 2018 with a 7% year over year gain but this will slow down in 2019.
  • Randy, Sheboygan, MI, “Would you recommend people start off wholesaling? I don’t have a lot of money to buy a fix and flip.”
  • Lorrie, Milwaukee, WI, “Do you decorate your flip houses for the holidays?”
  • Ashton, Austin, TX, “Really enjoyed the show with Scott Carson, Can you explain the math on buying notes? I don’t see how it makes much money.”

Motivational Thoughts for the day

  • To Begin, Begin, William Wordsworth