Keepin it Real Estate with Chris & Collin cover image

Keepin it Real Estate with Chris & Collin

Learning to Scale and Shifting Mindsets

Jul 10, 2024
Michael Kramer, the CEO and founder of Freed by Real Estate, shares insights from his journey to managing over 400 units and advocating for financial freedom. He discusses mastering communication techniques in real estate negotiations, emphasizing empathetic listening and storytelling. Michael delves into transitioning from wholesaling to buy and hold strategies, and shares the emotional aspects of strategic investing. He also touches on the balance of parenting while running a business, highlighting effective communication and innovative time management strategies.
01:21:38

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Podcast summary created with Snipd AI

Quick takeaways

  • Michael Kramer highlights the transformative power of tactical empathy in negotiation, reshaping his business approach and personal interactions.
  • Listening and understanding other perspectives are crucial for effective leadership and negotiations, enabling productive dialogues and problem-solving.

Deep dives

The Journey of Negotiation

Michael Kramer shares his inspiring journey from a small town in Nebraska to co-authoring a book with renowned FBI negotiator Chris Voss. His initial exposure to Voss's negotiation techniques, particularly the concept of 'tactical empathy' from the book 'Never Split the Difference', transformed Kramer's previous beliefs about negotiation strategies. Through diligent practice and application of Voss's principles, he restructured his business scripts and began to integrate these techniques into everyday interactions, demonstrating their effectiveness in real-life scenarios. This approach not only led to his involvement in writing a collaborative book but also underscored the importance of implementing learned strategies consistently in order to truly master them.

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