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IMPACT

Finding Your Perfect Match in Coaching

May 15, 2024

Welcome to IMPACT!

This newsletter has ONE purpose: To bring you resources that make a positive IMPACT on you and your business. Every Wednesday this will be delivered to your inbox and we promise VALUE, every single week.

Let’s get into it.

First, in the spirit of this newsletter:

“The greatest good you can do for another is not just to share your riches but to reveal to him his own." – Benjamin Disraeli


EVENTS:

Thursday’s Virtual Coffee:

This week our speaker is the CEO of the highly respected Colorado Springs Housing and Building Association. ANd she’s bringing with her a special guest. We are often asked how to start working with new construction builders and they have the answers so make sure you come hear how this can grow your business.

Register below to meet new people, gain referrals, expand your business partners, sharpen your skills and so much more!

In case you missed last week’s Virtual Coffee, it was our release of a brand new referral platform to help you create, build and scale your referral business.

Watch the replay with one click below!

 

Brokerage Breakdown: FRIDAY

Come learn about the differences between the traditional brick & mortar brokerages and the cloud based models. You’ll gain a clear, comparative understanding of different brokerage models available today, directly influencing their career trajectory and earning potential. This session is especially valuable as we'll highlight the unique benefits, such as advanced support systems, competitive commission structures, and innovative marketing tools. By joining us, realtors can enhance their professional growth and operational efficiency, positioning themselves for greater success in an increasingly competitive market.


TODAY’S FEATURE: COACHING

Finding Your Perfect Match in Coaching

Are you considering finding a coach or mentor but feeling overwhelmed by the choices? You're not alone. Choosing the right mentor can be as crucial as the advice they offer.

Here's a guide on how to find a coach or mentor that aligns perfectly with your needs, goals, and personality.

Identify Your Needs:

Before you start looking for a mentor, it's crucial to understand what you need help with. Are you looking for someone to guide you through career challenges, business decisions, or personal growth? Pinpointing your areas of need will help you find a mentor who specializes in those exact areas.

Define Your Goals:

What do you want to achieve from this mentoring relationship? Whether it's advancing your career, improving your business, or personal development, having clear goals will help you and your mentor stay on track and measure progress effectively.

Seek Compatibility:

A great mentor not only has the expertise but also a personality that meshes with yours. Are you someone who needs gentle guidance, or do you prefer someone who will push your boundaries? Think about the coaching style that works best for you. Remember, this relationship is a two-way street; both sides should feel comfortable and engaged.

Research and Recommendations:

Ask for recommendations within your network. Someone who's had a positive mentoring experience can provide insights that you won’t find on a website or a LinkedIn profile. Once you have a few names, do your research. Look at their professional background, reviews, and any content they may have published. This can give you a good sense of their expertise and style.

Have a Trial Session:

Most coaches offer a trial consultation. Use this opportunity to ask questions about their approach, understand their methodology, and see if there's a personal connection. You want someone who listens, understands, and is excited about helping you move forward.

Align Expectations:

Before committing, make sure that both you and your mentor are clear about expectations, availability, and the feedback process. This clarity will prevent misunderstandings and create a fruitful, respectful mentoring relationship.

Consider Longevity:

Think about whether you need a mentor for a specific challenge or a long-term coach who will grow with you. Your needs might evolve, and so might the nature of the help you require.


Action Steps:

List Your Needs and Goals:

Spend some time today jotting down what you’re looking for in a mentor.

Ask for Referrals:

Reach out to at least two people in your network who have mentors and ask about their experiences.

Schedule a Consultation:

Choose two potential mentors and book a trial session with each to see who is the best fit for you.

Finding the right mentor can be a game-changer in your personal and professional life. Take your time, trust your instincts, and choose someone who will genuinely help you grow.


Here’s 5 helpful questions to consider:

What is your coaching philosophy?

This question helps you understand their foundational beliefs about coaching and mentoring, and whether they align with what you're looking for in terms of guidance and support.

Can you share a success story of a client whose situation was similar to mine?

Asking for specific examples allows you to gauge their experience with similar challenges and their ability to help clients achieve tangible results.

How do you handle goal setting and tracking progress in a coaching relationship?

This reveals their approach to accountability and how they ensure that the coaching sessions contribute effectively towards achieving your goals.

What challenges have you faced as a coach, and how have you overcome them?

Understanding how a coach deals with difficulties can give you insight into their problem-solving skills and resilience, important traits for someone guiding you through challenges.

How do you tailor your coaching methods to fit individual client needs?

Since coaching is not a one-size-fits-all service, this question helps you find out how flexible they are in adapting their methods to suit different personalities and requirements.

These questions can help identify a coach or mentor who is not only skilled but also a good match for your personal and professional development needs.

Want to spend 30 minutes talking about your business and our coaching recommendations? Book a discovery call with one of our team!


NICHE REAL ESTATE MARKETS:

This week, let’s dive into the exciting world of new construction real estate, where every nail hammered and every brick laid builds the foundation for someone's dream home. If you're looking to carve out your space in this dynamic niche, here are three innovative ways to grow your new construction real estate business:

Host Family-Friendly Builder BBQs: Partner with local builders to host laid-back BBQ events that celebrate the heart of the home: the kitchen! Picture this: a sunny afternoon filled with the tantalizing aroma of sizzling burgers and hot dogs, laughter echoing as families gather around picnic tables, and kids playing in the yard. As the grill master, you'll showcase not only the mouthwatering cuisine but also the beautifully designed kitchens of newly constructed homes. Provide guided tours of model homes where guests can admire the spacious countertops, top-of-the-line appliances, and stylish finishes. It’s not just a BBQ; it’s a chance for families to bond, explore, and envision their future in a brand-new home. Plus, by fostering a warm and inviting atmosphere, you'll create memorable experiences that resonate with potential buyers of all ages. Who knows? The smell of BBQ might just be the secret ingredient that seals the deal!

(This is just one idea that you could rotate through the local builders to host quarterly events for your clients that the builders would eagerly participate in and would set you up as their go-to agent in the future).

Create Virtual Walkthrough Tours: In today's digital age, virtual tours are a game-changer. Invest in high-quality 3D virtual tour technology to create immersive experiences for potential buyers. These virtual walkthroughs allow clients to explore new construction properties from the comfort of their own homes, no hard hat required! Enhance the experience by incorporating interactive features like floor plans, photo galleries, and detailed property descriptions. Not only does this make it convenient for out-of-town buyers, but it also sets you apart as a tech-savvy realtor who goes the extra mile to showcase new construction properties in the best light.

Become the Neighborhood Expert: Position yourself as the go-to expert for new construction developments in your area. Create comprehensive guides or blog posts highlighting upcoming projects, builder profiles, and neighborhood amenities. Share insider tips and market insights to help buyers navigate the new construction process with confidence. By establishing yourself as the ultimate resource for all things new construction, you'll attract buyers seeking guidance and expertise. Plus, building strong relationships with local builders and developers can lead to exclusive opportunities and referrals down the line.

With these innovative strategies, you'll be laying the groundwork for success in the new construction real estate market. So, put on your hard hat, grab your blueprint, and let's build something extraordinary together!


BE SEEN & GET FOUND

Ray is also the host of "The Inner Circle" podcast, a series dedicated to exploring unique insights and sharing impactful stories in the world of real estate and personal growth.

We are looking for top producers, team leaders, influencers in the real estate space and business builders to be featured on our podcast and streaming TV series, The Inner Circle.

Details:

  • Streaming: Video, about 30 minutes

  • Recording Date: We can adjust to accommodate your schedule.

  • Location: In studio or remote option

The Inner Circle is committed to showcasing the best in the industry, offering our audience access to the minds of those who shape the future of real estate.

Please let us know if you’re interested, or if there’s someone else in your team we should speak with to coordinate. We look forward to the opportunity of featuring you and sharing your insights with our engaged listeners.


ALSO:

Be on the lookout for Friday’s newsletter, The Junk Drawer. This newsletter embraces the eclectic and the unexpected. The Junk Drawer is where you'll find a variety of content that doesn't necessarily fit into the other newsletters but is too good to miss. From interesting tidbits to unique insights, this newsletter promises diversity in content, delivering surprises that entertain and inform.

Our facebook group: HERE

Our website: HERE

Jump into our group and say hi to us!

Looking forward to seeing everyone tomorrow morning!

Happy Networking,

Ray & Debbie

[email protected]

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