Tuesday, November 11th, 2014

Unplugged Video Smack-Down Chris Leader

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This Week’s Question: What will be some of the major challenges Realtors face moving forward in 2010?

The Unplugged Video Smack-Down … Take One Expert .. Ask One Question and get One Short Impactful Answer:

Our Guest Expert: Chris Leader of Leader’s Edge Training.

About Chris Leader
President & Master Trainer

To call Chris Leader an entrepreneur is an understatement. By the age of 24, Chris was already a successful Realtor® and broker owner. When most folks that age are just getting their first job, Chris was busy turning a previously non-profitable real estate company into the top office in his marketplace. Simultaneously, Chris was a partner in a Mortgage Brokerage and ran it successfully for a number of years.

With this achievement under his belt, Chris took over the management of one of the largest offices in Toronto. His success in that endeavor led him down the path to the realization of his true calling, training. Before the age of 35, Chris turned his successes into a platform for education across the industry and became a top trainer for a major international training company.

Today, Chris is a highly sought-after speaker, trainer and industry consultant. His boundless energy, wit and exemplary business expertise have allowed him to train some of the industry’s best professionals.

Chris’ dream was to launch his own training company, and so Leader’s Edge Training was born. Chris now provides state of the art training for real estate professionals, mortgage professionals and managers all over North America.

Comments

5 Responses to “Unplugged Video Smack-Down Chris Leader”
  1. Tami Paraker says:

    Commissions!!! whether with technology entering our profession or not it would be crazy to have a lower commission structure…it still takes the time and knowledge of how to use and understand the technology available to us…I truly resent those agents who were trying to have a transaction for 1 1/2%
    thats nuts…you can not make a living at that rate with the housing prices the way they are currently.

    If anything with all the hoops the Banks want you to jump through just to get a transaction to close the commission structure needs to be higher!

    I would like for you to rethink your attitude on this topic!

  2. Chris Leader’s insight and articulation are “spot on”. Thanks for providing this video.

    Corlis
    mortgage

  3. michael says:

    Tami … I just ask the questions so it’s really not a matter of rethinkng my attitude.

    As for Chris … he is sharing what he has experienced from the agents from around the counrty that he works with.

    Bob Dylan sung it a long time ago .. The Times They Are A Changing.

    All Good Wishes,
    michael

  4. Irfan Rizvi says:

    I have read about and seen some of Chris Leader’s videos in the past. He really knows what he’s talking about. I think his perspective makes a lot of sense. Thanks for posting this video Michael.

    Irfan

    Seattle Home Mortgage

  5. Wes says:

    Realtors are overpaid and only know how to hold their hand out at the closing table for their check. It’s about time realtors we’re challenged on this front. 7% in some places is way too much. I know realtors that will stop a deal from happening becuase they won’t budge on their commission and the house goes into foreclosure. I could resite dozens of stories just like this. Oh and by the way, the realtors are the cause of the Housing bubble. Ok Wall Street created the loan products but it was the realtors that stole all the equity. For example, Title companies make profit a few hundred dollars depending on the state. Appraisers make $250-$500 depending on the type of appraisal and the locaction in the country. The Loan officer makes anywhere from $1000-$5000 which most is made on YSP which doesn’t affect the equity in the home. But Realtor commissions a $100K house can be $7000 of equity gone, and I’ve seen on million dollar homes commissions well over $100K. If the house sells every few years I know realtors that forced LO’s and Appr. to make sale price. and once a market has one sale at that price the market price has been set and it slowly rises to what we had in 2005-2007. I know many people that can’t sell their house because their’s not enough room for commission. i.e. person bought $70K house a few years back, now having trouble making payments, needs to sell. House only appraises for 70K. Does he sell 75K to cover commission and have it sit on the market because it’s over priced, or does he sell for 70K with no wiggle room and take the $5K loss becuase he has to pay the realtor. The worst part about it is Realestate brokers have a license to equity strip and no one can do anything about it because they have the largest political action group in DC. Don’t even get me started about the attitude realtors take when they don’t get their way. They muscle their way through DC to get their way, that makes Uncle Barney, Poloci, Reed, and Obama look like new born kittens. So hurray for lower commissions, it’s about time we started trying to save the housing market from realtors. I challenge realtors to refute the facts that I just mentioned. You can’t, because everything I’ve said is the truth.

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