How to Thrive as Commissions Shift in Real Estate | Alexis Rankin-Halikas

SmartStay Show - Short Term Rental Counsel + Coaching | Airbnb Hosting Tips

We're thrilled to welcome Alexis Rankin an entrepreneurial strategist based in Boise, Alexis understands firsthand the challenges of navigating change as both a seasoned real estate pro and solopreneur. Through her Rankin Enterprises coaching practice, she helps others overcome mindset barriers and scale their impact using proven leverage models.

Excited to learn from Alexis' experience reinventing herself and guiding clients through flux, we know listeners are in for insightful strategies on thriving amid uncertainty. Alexis shares insights from her work with top agents and entrepreneurs on navigating flux. She emphasizes proven value, relationship leverage, and controlling one's destiny. Jason, Rory, and Alexis discuss the impacts of legal settlements on commissions and how to empower buyers and sellers through communication. Low inventory challenges are also addressed.

Valuable tips include prioritizing revenue-generating and joyful tasks, avoiding entrepreneurial pitfalls, and the importance of community for solopreneurs. Alexis' coaching helps clients overcome scarcity mindsets and determine tasks for outsourcing based on a unique leverage formula. This insightful conversation provides thought-provoking strategies for real estate professionals to adapt and thrive.

Things we discussed in this episode:

• The importance of leverage in different areas of life and business.
• Industry changes from NAR lawsuits and the need for agents to prove their value.
• Fine-tuning value propositions for listing and buyer agents .
• Effects of commission changes on first-time homebuyers.
• Low inventory levels across many real estate markets.
• Prioritizing money-making activities over other tasks.
• Leveraging tasks based on dollar per hour earnings and personal joy.
• Shifting from a scarcity to an abundance mindset.
• Avoiding common entrepreneurial mistakes like overcomplicating success.
• The value of community and different types of mentors for entrepreneurs.

Get in touch with Alexis:

Facebook - https://www.facebook.com/alexis.halikas

Linkedin - https://www.linkedin.com/in/alexisrankin/

Tiktok- https://www.tiktok.com/@thealexisrankin

#realestatepodcast #realestate #realestateinvestor #realestatelaw #realestateagent #RealEstateInvesting #RealEstateCoaching #RealEstateLeadership #RealEstateEntrepreneur #RealEstateStrategy #BusinessCoaching #MindsetShifts #LeverageFormula #ProvingYourValue #LowInventoryMarkets #NARLawsuits

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This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.

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