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

About the Episode   On this episode, I’m joined by my good friend and the “CEO Whisperer”, Cameron Herold, a man whose knowledge and understanding of business has been of great help to many entrepreneurs, including our own team. In a world where talking about being an entrepreneur is more cool, thrilling and exciting than the actual work it takes to build and run a successful business; it’s refreshing to talk to someone who has walked the walk. He is able to provide insights and wisdom, backed by his own experience and journey of riding the rollercoaster of business. He has learned about setting boundaries, not getting distracted by the noise, and strategic thinking; and these are all these we can benefit from in our own businesses.    Cameron Herold is a top business consultant, best-selling author, and speaker. He is the founder of the COO Alliance, co-host of the Second in Command podcast. He’s the mastermind behind hundreds of companies’ exponential growth and he’s touched thousands of businesses indirectly through his work. At age 21, he had 14 employees. By 35, he’d helped build his first two 100 Million Dollar companies. By the age of 42, Cameron had engineered 1-800-GOT-JUNK?’s spectacular growth from $2 Million to $106 Million in revenue in just six years. His companies landed over 5,200 media placements in those same six years, including coverage on Oprah. Not simply a theory guy, Cameron teaches what he knows from experience and is passionate about sharing   Life as an entrepreneur often feels like we’re flies trapped behind a window trying to find a way out; it’s actually quite easy for us to become trapped by our own success. In order to escape this, we need a cheat code. That cheat code includes setting boundaries so that we protect our effectiveness, and making sure we have focus, faith and effort working in our favor, not against us. We have three inputs, people, time and money. We have to focus on what gives us the highest ROI.    In Today’s Episode, We Talk About;   - Cameron’s life in entrepreneurship and why he was always drawn to business. - How to overcome the common entrepreneur struggle of setting boundaries. - What working nights and weekends is actually a symptom of.  - What sets successful businesses apart and the formula entrepreneurs need to check themselves against.  - What’s concerning and/or exciting Cameron about the future of business.   - Why strategic planning doesn’t exist, and why we need to focus on strategic thinking.  - Something interesting about Cameron that isn’t known by many people.   Guest Info Cameron Herold is a top business consultant, best-selling author, and speaker. He is the founder of the COO Alliance, co-host of the Second in Command podcast.    He’s the mastermind behind hundreds of companies’ exponential growth and he’s touched thousands of businesses indirectly through his work. At age 21, he had 14 employees. By 35, he’d helped build his first two 100 Million Dollar companies. By the age of 42, Cameron had engineered 1-800-GOT-JUNK?’s spectacular growth from $2 Million to $106 Million in revenue in just six years.   His companies landed over 5,200 media placements in those same six years, including coverage on Oprah. Not simply a theory guy, Cameron teaches what he knows from experience and is passionate about sharing   Website: https://www.cameronherold.com/

This episode is brought to you by: Kevin and Fred's Referral Guarantee https://kevinandfred.com/referral/   FLEQ   FLEQ is the combination of the words “flexible” and “equity” and we're changing the way you think about homeownership. What is the Fleq Alliance? The Fleq Alliance is a new way to buy a home. The Alliance uses a partnership approach to purchase a home of your choosing.   With the entire Multiple Listing Service (MLS) available to you, search for a house using apps like Zillow, Trulia, Redfin, or call up the real estate agent who’s been encouraging you to buy a home for years. Once you’ve found your dream home, you’ll be teamed up with an Alliance representative. You will receive a quote for your monthly payment, your initial equity contribution to the Alliance, the starting ownership percentage for both parties and the current cost to acquire additional units of equity. When it comes to equity contributions, pay whatever you want, whenever you want—or nothing at all. Though not required, any equity contributions will increase your ownership in the Alliance.     https://www.nar.realtor/blogs/economists-outlook/how-long-do-homeowners-stay-in-their-homes     $19K pre-fab home includes artificial intelligence technology Singapore-based startup Nestron announces the launch of 4 low-cost prefab home models complete with an artificial intelligence assistant, Canny   California reportedly launching its own CFPB On Friday, California Gov. Gavin Newsom will reportedly unveil a plan for the state to enact its own version of the Consumer Financial Protection Bureau, overhauling and increasing the power of the state’s Department of Business Oversight. According to a report from the Los Angeles Times, the proposal to create a state-level CFPB will come in Newsom’s 2020-2021 budget, which Newsom is scheduled to reveal Friday.

About the Episode On this episode, I’m joined by RE/MAX Holdings CEO, Adam Contos. As the head of one of the biggest real estate brands worldwide, and with a background in law enforcement and undercover narcotics, Adam’s story and his journey to the top of real estate is unique and it has given him a fascinating perspective and global lens on our industry.    What sticks out about Adam is his dedication to being a student and a giver in our industry; something that’s not common about many executives in our business. He has a real boots-on-the-ground approach to leadership, and he has the benefit of talking to Realtors around the world, which gives him a unique pulse on what’s going on in the greater real estate market. Adam shares on what it takes to succeed in a real estate market.     Adam oversees RE/MAX Holdings’ three brands: RE/MAX, LLC, a top real estate brand in over 100 countries and territories; Motto Franchising, LLC, the first national mortgage brokerage franchisor in the U.S.; and booj, an award-winning real estate technology company. He started off in business development and franchise consulting and then worked his way up to the top of one of the largest real estate companies in the world.     There’s a lot of noise drawing us away from our communities in this space, and as the saying goes, what we focus on grows. If we focus on the noise, that’s all we’ll get. What matters in this business is not what we see happening in the market, it’s whether or not we helped someone; whether that’s fellow agents or our database. If we focus on doing the right things for the people in our community, business will keep coming to us.    In Today’s Episode, We Talk About;   - How Adam got into the real estate world after taking a unique path from law enforcement.  - The power of identifying people’s problems.  - How habits and processes lead to results.  - How to raise the standards of our industry.  - How to block out the noise and focus on what matters.  - Why our markets aren’t as unique or as different as we say.  - Something he’s excited about, something he’s changed his mind on and something people might not know about him.  - Why noise is a fake indication.  Guest Info   Chief Executive Officer of RE/MAX Holdings, Inc. Adam oversees its three brands: RE/MAX, LLC, a top real estate brand in over 100 countries and territories; Motto Franchising, LLC, the first national mortgage brokerage franchisor in the U.S.; and booj, an award-winning real estate technology company. Listen to Adam’s podcast Start With a Win here https://www.startwithawin.com/.

Using video in your business doesn’t have to be hard.      You’ve tried before, or thought about it but it   ✅ Seems daunting...   ✅ You don’t have time...   In fact it’s easier than you think...   Check out today’s business tip for some ideas and how to options that make it easy.

This episode is brought to you by: Kevin and Fred's Referral Guarantee https://kevinandfred.com/referral/     Mortgage rates start 2020 well below last year's average The average U.S. fixed rate for 30-year mortgage slides to 3.72%   In the first week of the year, the average U.S. fixed rate for a 30-year mortgage averaged 3.72%. Not only is this percentage below the previous week’s average, but it’s also nearly 80 basis points below the 4.51% of the year-earlier week, according to the Freddie Mac Primary Mortgage Market Survey. “As investors kept their eyes on the phase one of the U.S.-China trade deal, 10-year Treasury notes closed 2019 lower than a year ago,” said George Ratiu, Realtor.com’s chief economist. “The conventional 30-year loan slid 2 basis points to 3.72% in the first week of 2020. Rates remain about 80 basis points lower than the first week of 2019.” https://www.housingwire.com/articles/mortgage-rates-start-2020-well-below-last-years-average/     2019 Rent Prices - Nationally, cost of rent went up 4.1% for one-bedroom units   As 2019 saw historically low vacancy rates among multifamily housing, it also led to a rising cost of rent, too. According to realtor.com, a report from Abodo said rental prices went up in 38 states, including Washington, D.C., in 2019. In the other 12 states, the cost of rent actually fell, but only slightly.   Nationally, median rents for one-bedroom units went up 4.1%, making monthly rent $1,078 at the end of 2019. Prices for two-bedroom units went up 5.5%, making monthly rent $1,343.   In 2019, multifamily occupancy rates reached as high as 96.3%. The demand of multifamily housing keeps rising, as home prices are also continuing to climb.   According to realtor.com, rental prices surged the most in Utah. There, rent went up 3.78% in 2019, reaching $965 for a one-bedroom unit.   “In states like Utah, people are relocating for jobs,” Abodo said in its report. “Many folks are coming from California and other high-priced hubs. People need to find places where they can live and afford to live a lifestyle that they want.” Renting cost the most in Massachusetts, where the average one-bedroom unit cost $2,218 a month. Renting surged the most in Detroit, where cost of renting a one-bedroom went up 7.48%, making rent $886 a month. ;l   The highest rents in the nation were, at no surprise, San Francisco and New York City. On average, renting a one-bedroom unit was $3,877 and $3,082 a month, respectively.   Renters in Montana saw the biggest price cuts in 2019. Rents fell 1.6%, to an average $745 a month for a one-bedroom unit.     Comprehensive List of 2020 Real Estate Events https://www.inman.com/2020/01/02/a-comprehensive-list-of-2020-real-estate-events/