Next Level Agents: The Kevin & Fred Show - Interviews with the best and brightest minds in the real estate industry

Real Estate - Country Torn on whether RE is an Essential Service     Many lenders suspending lending activity & others are altering programs - namely, FHA Lending is shrinking       CARE Bill - Mortgage forbearance and foreclosure protections During this designated disaster period — which began on March 13 — a borrower with a federally backed loan can request forbearance through the loan servicer. A federally-backed loan means that it’s either guaranteed or insured by the Federal Housing Administration, Department of Veterans, Department of Agriculture or purchased or securitized by Fannie Mae or Freddie Mac. ICLV 2020   CARE Bill - Paycheck Protection Program

5 Things We Learned from Nick Mclean  “In business, as you improve and get ahead, the landscape will continue to follow you.”   Digital marketing is not always going to be this cheap, the mediums are going to change, and if we’re not constantly shifting too, we’ll get overrun. If you have the copywriting skill, you’ll always be able to compete no matter what that landscape of marketing and business looks like.  “The best checklists aren’t made for you, they are made for someone else to check your work.”A checklist isn’t a to-do list, it’s something that can be repeated to get the same result.It’s a way for agents to check each other’s work. This can help us find errors and holes in the system that we can apply to improve our operations.  “I had the vision to start a real estate team based on the philosophies and concepts of an aviation company.” In aviation, CRM stands for crew resource management, and Nick’s philosophy of managing the resource first came from his flying days. The process is to figure out the aircraft and from there, you can expand your awareness beyond the aircraft because of your foundational skills. In real estate, we need to get a foundation of skills, and then we can expand our awareness.  “The best captains ask to be held accountable” The more experience you have, the more you’re a risk and a liability because you’ll get complacent and skip steps. The higher you climb in business, the more experienced you are, the more you need someone to look after you and hold you accountable.   “You cannot delegate and expect it to go well the first time, you need to expect the need for feedback, some improvement on the process.”Many people don’t delegate because they think it’s passing the buck but it isn’t.  Delegation is not a copout, it’s critical if we want to turn our real estate business into a thriving business. This is how to delegate effectively.  Step 1: Assign it Step 2: Brief you on it Step 3: Set a deadline Step 4: Report back to the deadline, check back and close the loop Step 5: Give feedback  Guest Info Nick is an entrepreneur, coach and founder/CEO of the Nick McLean Real Estate Group. The former pilot uses knowledge in systems pilot and applying the same techniques he learned from the aviation industry to build a successful real estate business.  Website: http://mcleancoaching.com/ Sign up for a free discovery call  Facebook: https://www.facebook.com/realestategreatnesswithnickmclean/?ref=bookmarks Book The War of Art by Steven Pressfield

Special bonus episode with Brian Klemmer (RIP) on his birthday! 

Bank of America will allow borrowers to pause their mortgage payments Coronavirus forbearance is here   https://www.housingwire.com/articles/bank-of-america-will-allow-borrowers-to-pause-their-mortgage-payments/ (deferral of payments)   Zillow pauses iBuying nationwide amid coronavirus pandemic The company will pause any plans for expansion, too   https://www.housingwire.com/articles/zillow-pauses-ibuying-nationwide-amid-coronavirus-pandemic/       Fed announces unlimited purchases of MBS and Treasuries, adds multifamily mortgages https://www.housingwire.com/articles/fed-announces-unlimited-purchases-of-mbs-and-treasuries-adds-multifamily-mortgages/     SoftBank to Sell $41 Billion in Assets, Signaling End of Buying Spree Japanese tech giant it would sell assets to prop up its plunging stock price and shore up its debt-laden balance sheet https://www.wsj.com/articles/softbank-to-sell-41-billion-in-assets-plans-big-share-buyback-11584944934?mod=hp_lista_pos3   Servicer overwhelm just beginning