loader from loading.io

PDX Real Estate 140: Justin Stoddart on Differentiating Your Business in the Real Estate Market

The Portland Real Estate Podcast

Release Date: 03/07/2022

PDX Real Estate EP158: Navigating the Future of Real Estate: The Impact of the NAR Lawsuit and What's Next show art PDX Real Estate EP158: Navigating the Future of Real Estate: The Impact of the NAR Lawsuit and What's Next

The Portland Real Estate Podcast

Almost everything from our last Best of Masters was about the NAR lawsuit and settlement. In fact, this was our largest audience ever. Everyone is interested in knowing how this is going to play out.  In this episode, Steve and Joe share what this means to them and what it could look like going forward. They also share insightful comments and questions from listeners.   In 2021, there were 100 billion dollars in commissions in the US. Is this pie going to shrink after the NAR lawsuit and settlement? Find out what we think! The NAR lawsuit and settlement is huge. There are...

info_outline
PDX Real Estate EP157: How to Stay on Top of Industry, Market, and Tech Changes—with Ken Perry show art PDX Real Estate EP157: How to Stay on Top of Industry, Market, and Tech Changes—with Ken Perry

The Portland Real Estate Podcast

Have you been wondering how to stay on top of all the industry, market, and technology changes in today's real estate world? Understanding market trends, compliance, and leveraging technology has never been more critical. It's not just about navigating the legalities; it's about thriving in a market that demands adaptability, foresight, and integrity. What are the emerging market trends and technological advances that can benefit today’s real estate professionals?  , a former lender turned trainer, speaker, outstanding podcast guest and host, and compliance expert, stays on the cutting...

info_outline
PDX Real Estate EP156: Rebuilding a Real Estate Business in a New Market—with Tucker Merrihew show art PDX Real Estate EP156: Rebuilding a Real Estate Business in a New Market—with Tucker Merrihew

The Portland Real Estate Podcast

In 2015, Tucker Merrihew got the idea for The Portland Real Estate Podcast. And he cohosted the show for seven years. But in 2022, Tucker left the Pacific Northwest for the sun and sand of southwest Florida. What has he been up to since then? How does Naples, Florida, differ from Tucker’s old stomping grounds in Lake Oswego? What does it look like to rebuild a real estate business in a new market? On this episode of The Portland Real Estate Podcast, your hosts Joe Fustolo and Steve Nassar catch up with Tucker, discussing how he rebuilt after the move and what it’s like to operate a home...

info_outline
PDX Real Estate EP155: Unpacking Nar Developments—with Rob Levy show art PDX Real Estate EP155: Unpacking Nar Developments—with Rob Levy

The Portland Real Estate Podcast

A Missouri court recently found NAR, HomeServices of America and Keller Williams liable for $1.8B in damages for conspiring to keep commissions artificially high.   And there’s a long list of copycat lawsuits advocating a shift in the way commissions are paid in real estate.   So, what might that look like? What does it mean for you and your business?   Rob Levy has been a licensed Portland REALTOR since 1988 and currently serves as Principal Broker with , a top-producer in the Pacific Northwest.   On this episode of The Portland Real Estate Podcast, Rob joins hosts Joe...

info_outline
PDX Real Estate EP154: Free-Standing Structures for Maximizing Living Space with Anthony Taylor-Weber show art PDX Real Estate EP154: Free-Standing Structures for Maximizing Living Space with Anthony Taylor-Weber

The Portland Real Estate Podcast

Do you have clients who need more space but can’t move in the current market? With rates reaching 8% for the first time in 20 years, plenty of people are stuck in the home they’ve got. What if you could offer a solution that would give them the space they need and add value to their current home without spending hundreds of thousands of dollars on an addition or ADU? Anthony Taylor-Weber is Founder and CEO of , a business that designs and builds custom, fully finished backyard studio spaces for home businesses, work-from-home employees and creatives. On this episode of The Portland Real...

info_outline
PDX Real Estate EP153: How New Land Use Regulations Help & Hinder Development—with Ezra Hammer & Jamie Howsley of Jordan Ramis show art PDX Real Estate EP153: How New Land Use Regulations Help & Hinder Development—with Ezra Hammer & Jamie Howsley of Jordan Ramis

The Portland Real Estate Podcast

The Portland region needs 60,000 housing units to resolve the current housing shortage. What new land use laws are helping close the gap? And what legal developments make it even harder for developers to keep up with demand? Ezra Hammer and Jamie Howsley are attorneys at , a firm that serves the businesses of Pacific Northwest. Ezra and Jamie have expertise in land use and development, environmental and natural resource permitting and government affairs. On this episode of The Portland Real Estate Podcast, Ezra and Jamie join hosts Joe Fustolo and Steve Nassar to discuss what’s behind the...

info_outline
PDX Real Estate EP152: There’s Enough Real Estate for Everybody—with Justin Stoddart of ProInsight show art PDX Real Estate EP152: There’s Enough Real Estate for Everybody—with Justin Stoddart of ProInsight

The Portland Real Estate Podcast

Are you inclined to compete with other real estate agents and defend your territory? Or collaborate as colleagues? At , we believe that a rising tide lifts all boats. And because there’s enough business for everybody, we share best practices with the intention of helping each other succeed. Justin Stoddart is CEO of , a platform that helps real estate agents integrate our services with other professionals, collaborating to improve our value proposition and better serve our ideal clients. Justin is also the author of . On this episode of The Portland Real Estate Podcast, Justin joins hosts...

info_outline
PDX Real Estate EP151: Conquer Client Retention (and Engage New Prospects!)—with Scott Fouser of Househappy show art PDX Real Estate EP151: Conquer Client Retention (and Engage New Prospects!)—with Scott Fouser of Househappy

The Portland Real Estate Podcast

The average person lives in a home for about 7 years. And agents and lenders need to stay top of mind, so we’re there when the client is ready to move again. However, 88% of people forget their real estate team less than a year after closing. But what if there was an easy way to stay engaged with clients and support them in taking care of their home—with very little effort on your part? Scott Fouser is Chief Revenue Officer of , a tech platform that helps real estate professionals stay in front of their homeowner-clients through the gift of concierge home maintenance services. On this...

info_outline
PDX Real Estate EP150: Real-World Applications of AI for Real Estate Agents—with Eric Post of Huzi show art PDX Real Estate EP150: Real-World Applications of AI for Real Estate Agents—with Eric Post of Huzi

The Portland Real Estate Podcast

No doubt you’ve read multiple news items about artificial intelligence and received several emails promoting AI trainings since launched last November. And many believe that AI technology will start a revolution bigger than anything we’ve experienced in our lifetime, including the internet. But what is AI really capable of? And how might real estate professionals use it in a meaningful way? has 20 years of experience in the industry, owning both real estate and mortgage brokerages and working in the consulting, coaching and startup space. Today, he is building a company called to help...

info_outline
PDX Real Estate 149: The NEW Oregon REALTORS Forms Library—with Jeff Wiren and Jeremy Rogers show art PDX Real Estate 149: The NEW Oregon REALTORS Forms Library—with Jeff Wiren and Jeremy Rogers

The Portland Real Estate Podcast

In the spring of 2020, voted to have statewide forms administered by the state association as a member benefit—not for profit. To that end, the association made an offer to purchase the other two owners’ interests in OREF. But that offer was rejected. Consequently, Oregon REALTORS developed its own , which went live on Wednesday, February 22, 2023. , President of Premier Property Group, was President of Oregon REALTORS when the new forms were announced, and serves as the Director of Legal Affairs for Oregon REALTORS. On this episode of The Portland Real Estate Podcast, Jeff and Jeremy...

info_outline
 
More Episodes
Nowadays, there are tons of people in the real estate business. Whether you’re an agent for a large company, small company, or own your own real estate business, it’s important to stand out from the crowd. The truth is that everybody wants to stand out, but not everybody will put in the effort to do it. Justin Stoddart is a real estate coach, podcast host, author, and speaker. He also serves as Founder and CEO of Portland-based company Think Bigger, where they help real estate professionals build successful businesses.

On this episode of the Portland Real Estate Podcast, Justin joins cohosts Joe Fustolo and Steve Nassar to discuss his book The Upstream Model and how real estate professionals can pursue a life of success AND significance.

Justin shares various ways agents can provide value to their clients, the importance of delegation, and how agents can differentiate themselves within the market.

Listen in to learn Justin’s 5 steps for building your business with the Upstream Model.

Key Takeaways

Justin’s background flipping homes and entering the real estate world

Benefits of being an independent real estate industry coach

Why great leadership is the highest form of sales

Current challenges and opportunities in the Portland real estate market and the future of the market

How an agent’s mindset can be a great differentiator in the market

The relationship-based business of real estate and what agents can do to set themselves apart

The importance of delegation

The benefits of managing your time by prioritizing customers that will bring you most of your revenue

The difference between a referral partner and a referral source

Why you should run your business as if it is large, regardless of its current size

How consistent communication is key to add value to your clients and stand out

How to be seen as MORE than just a real estate agent

Justin’s 5 steps for building the Upstream Model

Why it is important to pay attention to who you surround yourself with.

Connect with Justin

Justin on LinkedIn

Justin on Instagram

Justin on Youtube

Justin’s Website

Work with Justin

Connect with Joe

Soldera Properties

Joe on LinkedIn

Connect with Steve

Steve’s Team at Premiere Property Group

Steve on LinkedIn

Resources

Podcast: Think Bigger Real Estate Show

The Upstream Model by Justin Stoddart

The Challenger Sale: Taking Control of the Customer Conversation by Matthew Dixon and Brent Adamson

Uncopyable: How to Create an Unfair Advantage Over Your Competition by Steve Miller