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Presented by Tom Panos
General Manager, Sales – Real Estate
www.tompanos.com.au
Every Job has 2 Jobs
If you don’t find them,
they will find you!
Earn people’s attention.
Jab, jab, jab, hook
www.tompanos.com.au
Be their agent before they
need an agent
Biggest Selling Hamburger in the World
Big Mac, McDonalds
Ranked Best Tasting Hamburger in the World
Kobe Beef Burger, Park Hyatt Japan
Brand = Reputation + Reach
YOUR
BRAND
REACH
REPUTATION
The attraction business model is far more
effective than interrupting strangers who
don’t want to talk to you.
Stage GCI Focus
7 Figure Agent 1,000,000 Attraction
Elite Brand Agent 750,000 Leverage
Brand Agent 500,000 Marketing
Superstar 350,000 Up skill
Advance 200,000 Fine Tune
Year 1 150,000 Learn
Beginner 120,000 Start
www.tompanos.com.au
Attraction Seven Figure Agent
The Agent Value Proposition
Premium Price
= High Impact Advertising
+ High Impact Negotiation
+ Buyer Emotional Connection
+ Buyer Competition Bidders
Full Page Ad Increases Perceived Value of a
Property by 46%
If this property was in your area, how much would it be worth? (Average
response for respondents shown that stimulus; respondents randomised
to see one stimulus each)
$698k
Full Page ad
$592k
½ Page ad
+46%
$476k
¼ Page ad
+24%
Source: Online survey of 196 Australian adults who report they have bought a property in Australia in
the last three years (n=139) or are actively looking now (n=57)
Survey conducted May 2010 with respondents recruited online and offline
Extracting Offers
“Is there a price to excite you to purchase this property?”
Bottle of wine or box of chocolates
competition
Building Perceived Value
Building Perceived Value
Building Perceived Value
Building Perceived Value
The Buyer Sources
The Buyers
• ACTIVE
• PASSIVE
• LOCAL
• OUT OF AREA
Property Address Sale Date Method
of Sale
Advertised
Price
Marketing
Investment
Print Upgrade
Online
Video Original
Buyer
Source
Sale Price
40 Forrester Rd,
Erskineville
04/11/13 Auction n/a 17,500    Newspaper 2,100,000
22 Main Dr,
Newtown
15/11/13
Private
Treaty
975,000 8,450    Internet 960,000
11 Winters St,
Camperdown
28/11/13
Private
Treaty
895,000 8,100    Signboard 883,000
18 Elizabeth St,
Newtown
08/12/13
Private
Treaty
980,000 11,000    Internet 980,000
2 Williams Rd
Stanmore 12/12/13 Auction n/a 6,500    Internet 800,000
14 Euston St
Alexandria
22/12/13
Private
Treaty
1,050,000 9,300    Newspaper 1,040,000
Average 10, 141 1,127,167
Recent Sales
Address Price Marketing Campaign
2 Sunnyvale St, Blackhurst 870,000 $8,700
93 Pointy Blvd, Austin 653,000 $6,730
17 Turner Rd, Preston 420,000 $4,000
43 Orange Rd, Wannanup 1,105,000 $11,500
11 Moon St, Townsville 522,000 $5,520
32 Bentley Cct, Potts Point 985,000 $9,850
88 Jamie Rd, Eagle Vale 454,000 $3,800
31 Benalla Cres, Marayong 793,000 $7,930
315 Wattle St, Broadway 1,024,000 $13,100
8 Oceans Pde, Brisbane 705,000 $9,320
List 10 Sales [Recent Sales – Investment]
Result = $1,105,000
BID NAME SOURCE
$1,105,000 Kerry Courier Mail
$1,100,000 Sharon REA
$1,095,000 Kerry Courier Mail
$1,090,000 John Domain.com
$1,080,000 Tracey Database
$1,070,000 Kerry Courier Mail
$1,050,000 Daniel Database
$1,000,000 Susan Signboard
$950,000 Kerry Courier Mail
$940,000 Steven Domain.com
27 Smith Street Brisbane
Reserve = $1,000,000
Bidders Template
It is unwise to pay too much but it is worse
to pay too little
When you pay too much you lose a little
money and that’s all
But when you pay too little sometimes you
lose everything
Because the thing you bought is not
capable of
doing the thing you needed it to do
SCRIPTS &
DIALOGUE
“ART”
www.tompanos.com.au
Two Great Measuring Devices
Start Early Work Harder Stay Later
www.tompanos.com.au
Year 1 Success Formula =
Delayed Gratification – The Marshmallow Effect
HARD WORK pays off in
the FUTURE
LAZINESS pays off
NOW
(Prospecting to get contacts, not to get listings)
www.tompanos.com.au
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
Which One Do You Want to be?
UNFOCUSEDFOCUSED
YOU
YOU
TITLE
BUYERTOUR
INSPECTION
CALL BACK
CMA
TRAINING
SHOWINGS
VPA
PROSPECT
STAY IN TOUCH
LIST
SELL
YOU Have Two Choices: Be FOCUSED or BE UNFOCUSED
The Gift
www.tompanos.com.au
Some of the best gifts come
badly wrapped
www.tompanos.com.au
• 5am Club
• 10 before 10
• Saturday afternoon call backs
• Live independent of other peoples opinions
• Audio Books/ Reading Books
• Daily Exercise
• Have courage embracing temporary incompetence
• Never begin the day until finished in writing
• Marketing agent vs transactional agent
• 2014 Language – not expired dialogue
• Daily Journal (Goals/challenges/gratitude)
• Take Risks
www.tompanos.com.au
Life Transforming Rituals
In 23 years of Real Estate, I have come to
the conclusion that training and coaching
is EMPTY without ACTION and COURAGE.
Temporary incompetence is a critical
behaviour in growth
Today can be the day you drop the past,
cut your bullshit story, let go of old
wounds and unlearn those lies that have
become your truths and look at life with
a new set of eyes.
www.tompanos.com.au
Ray White NZ - March 2014
Ray White NZ - March 2014

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Ray White NZ - March 2014

  • 1. Presented by Tom Panos General Manager, Sales – Real Estate www.tompanos.com.au
  • 2.
  • 3. Every Job has 2 Jobs
  • 4. If you don’t find them, they will find you! Earn people’s attention.
  • 6. www.tompanos.com.au Be their agent before they need an agent
  • 7.
  • 8. Biggest Selling Hamburger in the World Big Mac, McDonalds
  • 9. Ranked Best Tasting Hamburger in the World Kobe Beef Burger, Park Hyatt Japan
  • 10.
  • 11. Brand = Reputation + Reach YOUR BRAND REACH REPUTATION
  • 12. The attraction business model is far more effective than interrupting strangers who don’t want to talk to you.
  • 13.
  • 14. Stage GCI Focus 7 Figure Agent 1,000,000 Attraction Elite Brand Agent 750,000 Leverage Brand Agent 500,000 Marketing Superstar 350,000 Up skill Advance 200,000 Fine Tune Year 1 150,000 Learn Beginner 120,000 Start www.tompanos.com.au Attraction Seven Figure Agent
  • 15. The Agent Value Proposition Premium Price = High Impact Advertising + High Impact Negotiation + Buyer Emotional Connection + Buyer Competition Bidders
  • 16.
  • 17.
  • 18.
  • 19. Full Page Ad Increases Perceived Value of a Property by 46% If this property was in your area, how much would it be worth? (Average response for respondents shown that stimulus; respondents randomised to see one stimulus each) $698k Full Page ad $592k ½ Page ad +46% $476k ¼ Page ad +24% Source: Online survey of 196 Australian adults who report they have bought a property in Australia in the last three years (n=139) or are actively looking now (n=57) Survey conducted May 2010 with respondents recruited online and offline
  • 20. Extracting Offers “Is there a price to excite you to purchase this property?” Bottle of wine or box of chocolates competition
  • 25. The Buyer Sources The Buyers • ACTIVE • PASSIVE • LOCAL • OUT OF AREA
  • 26. Property Address Sale Date Method of Sale Advertised Price Marketing Investment Print Upgrade Online Video Original Buyer Source Sale Price 40 Forrester Rd, Erskineville 04/11/13 Auction n/a 17,500    Newspaper 2,100,000 22 Main Dr, Newtown 15/11/13 Private Treaty 975,000 8,450    Internet 960,000 11 Winters St, Camperdown 28/11/13 Private Treaty 895,000 8,100    Signboard 883,000 18 Elizabeth St, Newtown 08/12/13 Private Treaty 980,000 11,000    Internet 980,000 2 Williams Rd Stanmore 12/12/13 Auction n/a 6,500    Internet 800,000 14 Euston St Alexandria 22/12/13 Private Treaty 1,050,000 9,300    Newspaper 1,040,000 Average 10, 141 1,127,167 Recent Sales
  • 27. Address Price Marketing Campaign 2 Sunnyvale St, Blackhurst 870,000 $8,700 93 Pointy Blvd, Austin 653,000 $6,730 17 Turner Rd, Preston 420,000 $4,000 43 Orange Rd, Wannanup 1,105,000 $11,500 11 Moon St, Townsville 522,000 $5,520 32 Bentley Cct, Potts Point 985,000 $9,850 88 Jamie Rd, Eagle Vale 454,000 $3,800 31 Benalla Cres, Marayong 793,000 $7,930 315 Wattle St, Broadway 1,024,000 $13,100 8 Oceans Pde, Brisbane 705,000 $9,320 List 10 Sales [Recent Sales – Investment]
  • 28. Result = $1,105,000 BID NAME SOURCE $1,105,000 Kerry Courier Mail $1,100,000 Sharon REA $1,095,000 Kerry Courier Mail $1,090,000 John Domain.com $1,080,000 Tracey Database $1,070,000 Kerry Courier Mail $1,050,000 Daniel Database $1,000,000 Susan Signboard $950,000 Kerry Courier Mail $940,000 Steven Domain.com 27 Smith Street Brisbane Reserve = $1,000,000 Bidders Template
  • 29.
  • 30. It is unwise to pay too much but it is worse to pay too little When you pay too much you lose a little money and that’s all But when you pay too little sometimes you lose everything Because the thing you bought is not capable of doing the thing you needed it to do
  • 31.
  • 34. Start Early Work Harder Stay Later www.tompanos.com.au Year 1 Success Formula =
  • 35. Delayed Gratification – The Marshmallow Effect HARD WORK pays off in the FUTURE LAZINESS pays off NOW (Prospecting to get contacts, not to get listings)
  • 36. www.tompanos.com.au 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1% + 1%
  • 37. Which One Do You Want to be? UNFOCUSEDFOCUSED YOU YOU TITLE BUYERTOUR INSPECTION CALL BACK CMA TRAINING SHOWINGS VPA PROSPECT STAY IN TOUCH LIST SELL YOU Have Two Choices: Be FOCUSED or BE UNFOCUSED
  • 39. Some of the best gifts come badly wrapped www.tompanos.com.au
  • 40.
  • 41. • 5am Club • 10 before 10 • Saturday afternoon call backs • Live independent of other peoples opinions • Audio Books/ Reading Books • Daily Exercise • Have courage embracing temporary incompetence • Never begin the day until finished in writing • Marketing agent vs transactional agent • 2014 Language – not expired dialogue • Daily Journal (Goals/challenges/gratitude) • Take Risks www.tompanos.com.au Life Transforming Rituals
  • 42. In 23 years of Real Estate, I have come to the conclusion that training and coaching is EMPTY without ACTION and COURAGE. Temporary incompetence is a critical behaviour in growth
  • 43. Today can be the day you drop the past, cut your bullshit story, let go of old wounds and unlearn those lies that have become your truths and look at life with a new set of eyes. www.tompanos.com.au