good morning good afternoon
good evening
wherever you are and whenever you're listening
I wanna congratulate
you on taking steps towards bettering yourself
in this game we call real estate
my name is Hunter Boyd
I'm the director of sales for the Share Rihanna team
and today we are joined by Cliff Saturday
he is the Team Leader
Director of sales of the Marty Hampton Real Estate Team
Cliff thanks for joining today man
thank you for having me cliff is not only a colleague
but he is a friend
and today we're gonna learn a little bit more about him
a little bit about the Marty Hampton Real Estate
and their success
and where we see triangle real estate going
over the next 6 12 months
even a year and five years
so cliff let's kind of start from the beginning man
where are you from what's your story
yeah so I am from Milwaukee
Wisconsin born and raised
moved here about just over three years ago
um I got my start in real estate pretty young
I actually kind of fell into it okay
um so I had a family friend who is a private investor
he had about 50 doors um
of you know
purchasing and holding and then a few
you know flip and sells
and they needed a project manager
and property manager for the um
properties he was holding
so I thought I can do that yeah
and I hated it um
so I was there for I just over a year um
and we are dealing with a lot of low income housing
like Section 8 HUD properties
um so just a little too heavy on my heart um
I'm a crier yeah
and I can't deal with that kind of stuff
so I you know
was just kind of pondering what I wanted to do next
and general brokerage just seemed like the right move
and I went to a um
pretty large firm um
there we have three locations in southeast Wisconsin
where I was a franchise operator
or operations manager for those three locations
and um
kind of that's where I got my start
and right after Covid my grandparents moved to Raleigh
and I kind of Okey dokey myself
and was looking at jobs and got in contact with Marty
and um
her partner Paul
and came and visited and moved down 2 weeks later
wow
so you came straight from Wisconsin to Marty Hampton
real state yes
yeah hey cool
very cool talk a little bit about um
like your your role with them now
you know I know your team leader
director of sales
I see you involved in buyer side and list side
to be honest with you you're all over the place
so talk to me a little bit about that
you know what's your day to day look like
yeah
so it's it's crazy
so I won I think um
I'll talk about a little bit the differences
I guess kind of where I came from to now yeah um
so I came from a traditional
like franchise setting
where there was just all independent agents
everyone was kind of for themselves um
the onboarding was
you know very different even just from the start
I was kind of just doing like
applications to join our franchise
and then they were on our way
on their way just kind of doing it
and it was a lot less competitive in Milwaukee
all same but
coming from there to a team setting was very different
because it's I have more skin in the game now
um there's really um
we have a lot less agents than I had about at my peak
I think we had 80 agents on our um
underneath our franchise which was good
um we did a lot of production
but it was 80 agents yeah
um so it's a little bit crazy but um
now we have about 30 35 agents on our team
um all going to one goal
yeah um
versus their kind of individual goals
so it's it looks a little different
so my day today um
I'm doing a lot of there's obviously a lot of fires
um through transactions and um
just kind of agent development
um we're dealing with
bunch of different kinds of experience levels
so we have agents that are
you know freshly out of their post licensing
and then we
have some agents that have been licensed for 10+ a year
so just kind of getting in step with
with those agents and it looks different with everyone
so just kind of navigating that on a day to day
yeah and that I've seen a lot of growth um
one in knowledge but even sheer number and of buyers
agents over there this year
um tell us what that process has been like
you know just finding the right ones
when you had to make sure they fit all right
they have the right mindset and things
um I've actually heard you doing some presentations on
like you know
when someone switching careers
you know great careers that have LED to great agents
yeah so talk a little bit about what you look for there
yeah so we went probably say a year and a half ago
two years ago we're
you know coming out of
you know the Covid era where
you know anyone could sell a house
anyone could help buy a house
but it's cheap yep
and so we kind of had a switch gears here
because the market I think last year I
we can all agree it was
whether you had a great year or you had a bad year
it was just a tough year yeah
in general um
so we had to
kind of look at what was good for our business
um as a whole
and that was recruiting for us was was a
a good move for us because the
just the agent like the per agent production
um I think across all teams is down um
and we have I have doors I have to keep open um
we are overhead every month
we have 10 staff members inside staff members
so there's
there's people relying on us as in leadership
support staff or even your agents right yeah
um just to make sure yeah
make sure their productivity stays where it's at um
and increase so we switch gears and um
the coaches that we work with
um we all kind of
you know navigate it towards just like keep recruiting
um our agents move our money we
I'm not in production Marty's not in production um
so if my agents aren't selling
we're not making money and that's
you know we have to kind of dig deeper with them
so when I'm looking for an agent
I think the biggest thing is where they're
where they're coming from
um now I think I have an agent
my top my top agent
um one of my top agents
she came actually came from radio sales
um and in her first year
she did in 26 transactions
um and yeah
and she but she plugged in
you know took the tools and ran with it
and then another
like a safe bet usually is a nurse or an educator um
cause they have that nurturing kind of bedside um
table manner so that's really interesting
really big for us to looking at
just kind of what their past career was
and just how they kind of operate
I actually met with a recruit yesterday
and they got license during Covid
and they had a really good year
their first year license
I think they did like 15 transactions
which isn't a lot right on a team
it's definitely a production game
yeah but for someone being first year
getting them to do over six is
it's great yeah
but I also take consideration it was a Covid
um licensee
yeah so it's a
it's a
was I think a little bit easier to sell real estate
um like 20 one twenty two
yeah and but then they fizzled out
and so when I you know
they're wanting to join our team and you know
I I can't just take anybody
it's just it wouldn't it's not lucrative for them
it's not lucrative for us
and I had to ask them like
what's what's different now
what's gonna change now that you um
so you don't piss a lot again or what that looked like
so I wanna just make sure I can concept with them
and make sure that they're
cause I can't I can motivate
but I can't give you motivation right
I can't give you that drive to um
wanna have those conversations that you have to have
and um
just doing the day to day as a realtor
I can't I can't put that in you yeah
so Marty Hunter
Real Estate has been in the market for many years now
yep
talk about sustainability and how you have seen that
either change dynamics whether you know
that they change with the times
or just the
cultural significance of being in a market
for that long and having that type of sustainability
what do you see as like a winning ticket for that
so I think to it's
it's interesting because we see a lot of um
I'mma come right back to that
but there's my point
there's a a lot of like new blood coming in
which is great and I
there's a lot of agents
and I'm watching and I'm keeping my eye on
because they're gonna be the next Marty
they'll be the you know
next Marty Hamptons in our in our market
but I do think one because Marty's been around for
you know 30+ years in the triangle
there's that like
that branding that just says she's a household name
there's a lot of realtors that do a lot of production
yeah but the
they don't like the consumer doesn't know who they are
yeah um
but if you you can go into any
pretty much any household in the triangle
and they've heard of martyhampton
so that definitely helps
her presence on radio has been I mean
for a long time
just even before social media was a big thing like yep
she was still household
because everyone listened to the radio yep
and she'll talk about that too
I think it's she has a message
you know well over
I'd say $2 million on
in radio advertisement over her career um
but that that has helped and it's
but it's now system where it's
now we're getting the return on it
and we she's obviously um
has always had a you know
great successful um career
but now we're really reaping the benefits of where the
you know her phone's ringing yeah um
and I think that's it's huge for us to stay successful
but I think also just adaptability um
with the markets and we put different people in place
like this is my position on our team is new since I've
I've started with them um
so it was it just kind of changing cause the way that I
I'm obviously I've have about 9 years experience in
in the industry
and I just have a different look on things
and Marty and it's great
cause like me and Marty always shock
like we don't always agree on things
but I don't wanna have to always agree yeah
I think that's important too
if we agreed on everything
I feel like nothing will get done
or nothing great will get done
but if we can kind of have different views on you know
there's 100 ways of skin a cat
and if what might work for Marty may work
for me what works for me may work for Marty
but there's that collaboration there
and they think that's the biggest pieces
just having that unity across our leadership team
yep I see that even on the lone side where
you know we're all in sales
and we all have different sales tactics
sales style yep
and while you know
we won maybe a match for one client
I may be of the worst nightmare
for someone who needs someone that
slow and steady with the numbers
and you know
I'm more of the excitement like
oh my god
you're about to buy your first investment property
oh you're a first time home buyer
that's our building equity
you know that's just
that's more my speed that's more my personality
but we have other members on the team who are just very
chill very low key
and that has helped a lot of buyers who are that more
that type so I completely understand that
from perspective will
tell us a little bit about leader
involvement with your agents
and you know
I'd love to hear a little bit more about the
you said 10 uh
sport staff that you have isn't well yeah
their roles and yeah they uh yeah
so we I think we kind of have a unique um
setup over at our team I know there's
you know every
pretty much every team has
is gonna have transaction coordinators
um and they'll have
you know like a listing coordinator
but we really kind of
created a plug in play situation for agents that
are productive or that they want
they want productivity um
and I think every salesperson they
you know they're yearning for that um
but we have A1 marketing department
our director of marketing is honest
I'm obviously gonna be a little biased um
but he's probably the best in the triangle
he rock um
he can do literally anything um
I I'm very much of a I try not to dump on him
but I do have ideas and
but he really if I same thing with Marty
if we have we were like
we're very it's 3,000 foot view
yeah
and he can bring it in and he can execute it and I had
um there's obviously
some stuff going on with NAR right now
yes and we'll probably get into that um
shortly and um but I
we had to do some stuff with our buyer presentation
and I sat in the conference room
I'm very much
I needed in front of me on paper and I took the
I shredded the camera
I got everything cleared out of the conference room
and I laid out probably 10 different
bio presentations that I had
you know from previous
from colleagues
from different teams across the country
and kind of Mod Podge this crazy
by our presentation together
and I just got the email actually
right before I pulled up that um
he had that done and I gave it to him last week
so he's just he's on it um
so that's huge for not only our branding
um for Marty um
but for agents as well so if they have any
any digital ideas any video ideas
any print marketing postcards
whatever that looks like they just submit a
like a media request
and he meets with them and then executes it
and then they get to put it out
and get their name and face out there as well
that's awesome yeah
and then our listening our transaction department
they pretty much you if you're a listing agent
you go and you get the agreement signed
get all the appropriate documents in turn it into them
they they take it from there
they get it all the way to active and then um
from you really could kind of step away
from the transaction if you wanted to
I don't recommend that but um
you you could if you wanted to
and then once it goes under contract um
our closing staff
this say you'll have the same TC throughout the whole
um transaction will take it all the way to closing um
they're all licensed Realtors
so they'll do all your negotiations for you um
for due diligence and then everyone closes
and we're happy when we get paid
and onto the next one here we go
it's awesome yeah
alright so Triangle Real Estate
it has been we have seen
years where we've had over 20% appreciation
some years
we've seen years we've been through seven and a half
8% interest rates together
yep just seen a refinance boom and
you know
people cashing in on the equative gain in their homes
using that to buy other homes
talk to me about triangle real estate
you're just perspective on it from a director of sales
or team leader opposition
and where you see us going
yeah so I think this year
well one
I think with were in an amazing election year
we have two great candidates
and
the so I think it's going to get
I think our it's a production game right now
yeah um
I do feel like we are going to slow down um
as we approach the election
um but I do
in regards like appreciation
I think it's gonna be
it's more of a fair playing field right now definitely
I still think it's property to property
which is um
I think I'm a little bit newer into the Raleigh market
so like I'm past three years
I really you know
not aware of you know
what was going on but from I think the
you know market that we had the last year
and it was changing every two minutes
I think we're more on a steady pace
yeah um
but I do think we still have stopped working against
salespeople yeah
um and getting them to
I was just um we
I think we're just talking about the
or maybe I was listening to something
you were talking about um
about the interest rates yes
they're so high compared to Covid
that's right that aren't real
those aren't real
they don't keep the even keep those in my brain hundred
um yep
those are hundred year lows
and yeah yep
so the getting just getting buyers to be okay with
with ref financing and you know
think we have an amazing lender partner that
you know will do those refines
notify you when you can refine and
and then all is good because right now
I think the appreciation rate in Raleigh
it's yesterday is still gonna be the best day to buy
yeah always
and I think forever it'll be like that yeah
I mean
state politics they
have made it very beneficial
for big businesses to move into the state
and businesses bring people and employees
employees bring families
and so those family needs home
need homes and I completely agree
yesterday was the best day to buy real state
but you know
today is better than tomorrow
so if you can get someone in to a home right now
allow them to experience appreciation
allow them to see uh
for the first time for a first time home buyer
appreciation
working in their benefit than working against them
every year that you know
a first time home buyer puts off buying it
for another year they're now
accepting that they're gonna pay more next year
than what they're paying for this year
in the same house um
so allowing a first time home buyer to experience that
I think really educates them because I think
you know you guys do it as well
but we do the annual check ins
we send our clients you know appreciation calculator
hey look you know
your homeless estimates have gone up this much
I'm a past client of the share reality
that's how I was introduced to them
I still get my updates on a monthly update of hey look
this is where we think your equity is right now
I know y'all guys do very similar things
where you check in with your past clients
and touch bases yeah
you know
you wanna make sure that at the end of the deal
they feel like they still have a relationship with
Fires Agent
just like with a lender and when they feel that way
they experience something
um that's more than a transaction
and so now
they have somebody to come to
when they need advice in the future
and if they're looking for a home equity liner
they're looking to buy an investment property
they have someone already in mind
and we tell our clients all the time
you know at the end of this deal
if you're talking to somebody
and they're considering buying a home
we want their response to be holy hell
I've got the right person for you to talk to
and I know that you guys have the same mindset as well
which is I think why we work so well together um
next season of real estate in the triangle
I think is gonna be an interesting one
depending on when we can get a rate cut um
but we will see either like you'd mention
there is something happening in November that may
sway things one way or the other
but um yeah
anything else you wanna share
yeah I think um well
I think going forward just some advice
I maybe some advice to agents out there is
and you just said it like make sure that your
your transactions are not transactional yeah
these we're going into a relational um
season in real estate come August 17th um
when you know
I do not think your world is gonna flip over
if you're working
and you're having those conversations
and you're talking to people about real estate
and you're you know showing your value
um you'll be fine just keep working yeah
keep talking to people it's
it's similar to what we experienced in 0
9 and in 2010 you know after the 0
8 crash
and also even with interest rates when they were at
you know when they hit 7% for the first time
this is the second summer of 7%
we even came real close to 8% last year um
and something that you know
Sherry really drove home to all of us on the team was
we are not the only people dealing with this
every other lender
out there is dealing with the same thing
and just like you know
coming up next 45 days or so with you guys
you are not the only agent dealing with the changes in
yeah with it that's happening in your field
every other agent is feeling this
everyone is gonna figure this out together
there will be an established new normal that comes
and it's just gonna take some
a little bit adjustment period
but those that survive will thrive yeah
well and that's the thing I we just got the um
we just got the documents for the
the new neck rack documents yeah
and there I like them
I think they explain everything a little bit better
I think it's going to be a change um
but change is good and now I mean
we have agents like we
we as an industry set that 2.4% standard for buyers
agents and now I have agents that are
now it's your destiny's in your own hands
if you can get three and a half percent from a buyer
go get three and a half percent
but you better have the value behind it
and you better create that relationship
exactly right so that's good
that's good cliff thanks for being on today
this has been mortgage mindset
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