High Performance with Josh Phegan and Alexander Phillips

Market dominance.

8 snips
May 11, 2025
Discover the secrets to achieving market dominance through strategic community engagement and deep market research. Learn how mastering local demographics can elevate your competitive edge. Delve into the vital role of real estate agents in understanding their market for effective lead generation. Explore the significance of transactional knowledge and teamwork in driving business growth, while uncovering the formula for getting to sold. This discussion is packed with insights to help you become Number One in your market.
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ADVICE

Gain Local Market Knowledge

  • Spend time walking the streets of a new market to gain local insights and speak with residents.
  • Attend open homes of other agents regularly and do letterbox drops to build product knowledge and presence.
ADVICE

Leverage Tech for Area Insights

  • Use tools like ChatGPT to gather comprehensive data about local amenities, infrastructure, and pricing drivers.
  • Follow up with personal visits to coffee shops and important streets to deepen your knowledge.
INSIGHT

Three Knowledge Pillars

  • Mastering area, market, and transactional knowledge is essential to market dominance.
  • Effective sales depend on generating leads, winning listings, and executing a thorough sales process.
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