Jess Lenouvel

3 Steps Every Agent Needs To Be Successful in Real Estate And Grow to 7 Figures

Are you wondering what it really takes to be successful in real estate? 

No matter where you’re at, it’s never too late to start growing your career in real estate…and scale it to seven figures.

There is so much potential to be successful in real estate. 

So I want you to know, whether you’re trying to scale your real estate career early on in your life or later in your life …

Now is your time to shine.

Having a sustainable career in real estate offers you an opportunity to take control of your life and make it your own.

But to do that, you have to be willing to truly innovate, invest in yourself, and go where no one else is willing to go.

You have to ask yourself…

Do you want to just do “okay” in life?

Or do you want to do great things? To have a real impact? To look back at your life, five or ten years from now, and think, I really did it!

If you want your life to look like the latter, keep reading to learn about three steps to be successful in real estate, hit seven figures, and grow a business that offers you financial freedom and fulfillment. 

Figure Out Your Why 

Whether you’ve been in real estate for a year, five years, ten years or more the first thing you need to figure out is your why. 

Why are you doing this?

Why is real estate important to you?

Why this business in particular?

Why service? Because at the end of the day, that’s what we’re all here for. You may have different reasons for getting into this industry – in the end, you’re a servant to your people. You’re a servant to your clients. And it takes a certain kind of person to be able to do that.

If your reasons for starting your business are superficial, it’s going to be extremely difficult to be successful in real estate. 

Those who create six and seven-figure real estate businesses have a heart for service. 

But here’s what you need to understand.

You can be a servant and a fire-breathing dragon at the same time.

Being of service is not the same as letting people walk all over you. Being a servant leader and being a badass business owner are two sides of the same coin.

Before you start scaling your real estate business, make sure you figure out the intrinsic reasons you want to make it happen. Forget about the money, success, or prestige. What is going to continually motivate you to serve your people – month after month, year after year?

Once you get that piece down pat, you’re ready to move on to step number two. 

Find The Courage to Show Up 

Especially if you’re starting to feel stuck in your real estate business, it’s likely you might feel like a bit of an imposter.

Maybe you *know* you need to be marketing yourself to bring in leads for your business but it feels like every day, you find a new excuse not to show up and put yourself out there.

I need you to know…

Every single day you let go of a piece of your business without promoting yourself, without showing up and sharing how you can help your clients. At the end of the day, you’re doing yourself, your business, and your family a disservice.

You’re helping no one by playing it small.

People need your services, and they need them badly. You’ve got lives to change!

It’s time to find the courage to show up. 

Every single day you’re not building your audience is a day lost. And when you look back on this time, you’re going to think, I really wish I’d started sooner. 

So today, I challenge you!

Whatever it is you need to do to show up, whatever it is you’re putting off because it feels big and scary and uncomfortable, make a commitment to stop procrastinating and take action.

When you’re building your real estate business, everything is going to feel scary. 

  • Live video is going to feel scary
  • Writing content is going to feel scary
  • Putting ads up is scary

But if you don’t do the hard things, how are your people ever going to find you? How are they going to know that you’re the person that they want to work with? That you’re the person that’s going to change their lives by supporting them through the biggest investment they’re ever going to make? 

It’s your time. 

Every day you stay in your comfort zone is another day you put off building the real estate business of your dreams. You must find the courage to show up and do the hard things if you want to be successful in real estate. 

Focus on Impact

The other day, I talked to one of our members in The Listings Lab who got me absolutely fired up.

She knows the kind of impact she wants to have.

She knows where she’s headed.

She knows the exact ideal client she wants to serve and she deeply connects with them. 

Her story was powerful and she had strong personal motivations for wanting to support her clients, something I can strongly relate to. (So much so that hearing her get so passionate about her mission nearly made me cry!)

Because at the end of the day, human connection is what a career in real estate is all about.

It’s about how you, as one human being, are going to have an impact on the lives of others. 

It’s not just about having hundreds of thousands in the bank or buying yourself a Maserati.

That might be a tiny piece of one of your goals. But ultimately, you need to be able to answer the question, what are you going to leave behind? Who are you going to touch during your life? 

And if you continue to resist building a big, powerful, automated business for yourself, you’re going to have less impact. You’re going to touch fewer people. You’re not going to have that kind of influence on the world.

Building a big, powerful, automated business is the best way to have the maximum impact possible. You’ll be able to touch more lives throughout your time here on earth. 

So go out there and change the world!.

Serve your clients. Do the scary things. Push yourself and see just how capable you are of changing your life. 

In five years, you’ll look back on this moment and think, I’m so glad I decided to choose me. 

Being successful in real estate and hitting the 7-figure mark all comes down to the tiny actions you take each day to work towards that better version of yourself. 

When you show up, get uncomfortable, and don’t shy away from hardship, the reward will be so, so sweet. I promise. 

Xo,

Jess

Real Estate Referrals: Are They Really Enough To Grow Your Business?

Do you rely on real estate referrals to grow your business? 

Referrals are treated like gold in the real estate community.

There’s this tendency to wear a badge of honor if you’ve built your entire real estate business based on referrals.

And don’t get me wrong – happy clients sure are nice. 

But at the same time, there’s a downside to relying too heavily on referrals in order to market your business. 

Here’s a bold statement …If you’re relying on real estate referrals to grow, you’re not treating your business like a real business.

Here are five of the biggest reasons why I believe you need to expand your business beyond word-of-mouth marketing if you want a truly scalable real estate business. 

You’ll Always Be in A State of Stress

I want you to think about it this way.

When you rely on real estate referrals for your marketing, you’re not in control.

You’re always going to be in a state of panic and stress because you never know where your next lead is coming from, or if it’s coming in at all.

Eventually, you may find yourself in a cyclical flow where one month you’re booked and busy and the next month your leads have completely dried up. 

When you build your business 100% on referrals, you’re essentially relying on other people to do your marketing for you. 

You have no control over how much business comes in or the quality of business that comes in. 

So rather than depending on referrals from past clients and your network, instead I want you to think of them as the icing on the cake. 

But your marketing, your predictable lead flow…that’s the cake. 

The referrals are always going to be there if you’re doing a good job for your clients.

The bottom line?

If you’re not taking control of your lead generation and making sure that every single month, you have appointments coming in, your revenue will always be unpredictable and you’ll never feel at ease and comfortable with your business. 

Real Estate Referrals Eventually Dry Up

If you think you can run a sustainable business for years with just your referral sources never drying up, here’s the hard truth,  it won’t work.

People only want to be asked to help build your business for so long.

It might be a bit of tough love for you, but it’s true. While they’ll lend support in the beginning, eventually you need to step it up and get things moving on your own.

And when it comes to your clients, you have to realize, you’re not going to please everyone. You could be an incredibly talented real estate agent who’s absolutely dominating your marketplace, and you’re still going to have the odd client who’s unhappy with your services.

If you have leads coming in from elsewhere, one unhappy client here and there won’t be detrimental to your business. But if you’re relying on every client you work with to spread the word about your services, you could quickly find yourself scrambling to fill your calendar.

Referrals Aren’t Scalable 

Whether or not you rely on real estate referrals to grow your business ultimately depends on your long-term vision.

If your ultimate goal is to build a small business, you might be able to get away with using mostly word-of-mouth marketing. 

But if you know you want more than a small business, if you want a scalable business, it’s time to start taking your marketing seriously.

Coca-Cola, Apple, and the most successful real estate firms worldwide all have referrals.

But at the end of the day, are they relying on their sphere of influence to do their marketing?

No. 

It’s time we stop treating building a referral-based business like it’s a badge of honor.

We have to come to terms with the fact it’s unproductive to rely on others to do your marketing…especially if you have a team.

You can’t scale anything without predictability.

If you aren’t able to predict what’s coming in every month, how can you possibly hire? How can you pay salaries to employees, employees who are putting their livelihood in your hands?

You can’t.

It’s time to say goodbye to the unpredictability of referral-based marketing and instead focus on building a lead-generation machine. 

Are you ready to take control of your marketing so you never have to worry about where your next lead is coming from? 

Learn all about The Listings Lab Method to help you sustainably scale to seven figures and beyond. 

Get your free The Listings Lab Guide here. 

5 Common Pitfalls Agents Make When Choosing Their Ideal Client Avatar

I’ve got to dish out some truth for you.

A lot of real estate agents *think* they know their ideal client avatar.

When in fact, they really don’t.

I believe the reason so many agents avoid choosing a niche is because of fear.

You’re scared that if you niche down too far, you’ll lose business. Sound familiar?

But that’s not the case, in fact, it’s exactly the opposite. Niching is the foundation of all marketing, not just in real estate marketing.

You HAVE to know who you’re speaking to – and why you’re speaking to them in the first place.

What are their struggles? What are their wants and needs? What is their core problem? And how can you solve that problem for them?

I’m sure you’ve heard this before, but I’m going to repeat it again…

If you’re speaking to everyone, you’re speaking to no one.

You need to get to know your clients on a whole other level. Learn how they speak, how they communicate, so that you can properly connect with them.

Getting clear on your ideal client avatar will help you do exactly that.

There are tons of articles online about how to craft an ideal client avatar, but in this article, I want to focus on five common pitfalls I see most agents fall into when it comes to choosing their ideal client.

But first, let’s get into what it really means to choose an ideal client avatar…

How To Niche Down And Choose An Ideal Client Avatar

When I talk about the importance of having a niche, many people tell me, “I have a niche! I do listings in a certain area!”

Listings in a specific area is not a niche.

Here are some examples of effective niches that some agents choose to work with so you can get a better idea of what I’m talking about.

  • Empty Nesters

This is an incredible niche for agents. Empty nesters are people who had a big home, their kids have moved out, and now they’re left with a ton of empty space. They have a specific set of needs for their next move. Maybe they’re looking for a fresh start, they want to downsize, or they’re looking for a home that will accommodate their needs as they get older. This is a segment of the market you can get to know well.

  • Divorcees.

I actually have a client right now whose niche is women going through a divorce. She works with these women specifically and helps to support them and empower them in their next chapter, finding a place that feels like home after a tough transition.

Your niche might be an area that you have skills and knowledge in, or it might just be something you connect to on a personal level. Maybe you’ve even gone through a personal experience, struggle, or transformation that you now want to help others work through.

Just remember, the longer you continue to say “I do listings and buyers” or, “I do commercial and renters”, the longer you’re avoiding picking a niche.

And without a niche, your marketing is going to be generic and only add to the noise of invaluable content that most people ignore.

You might even feel like you’re just throwing spaghetti at the wall because you’re not able to form a real connection with the clients that you’re looking to target.

If you want to avoid that feeling and develop marketing that effortlessly attracts perfect-fit clients, keep reading to learn about the most common ideal client avatar pitfalls and how to avoid them.

Being The Generalist

Everybody wants to be Oprah.

Everybody wants to be that person who can speak to everyone and dominate their entire city.

Now, you might be able to do that over time. But especially in the beginning, you’re going to need to niche down so you can cut through the noise.

When you’re in a market with tens of thousands of agents and you’re using the same message as everyone else, you’re just going to get lost in the crowd.

You need to speak to a specific group of people with a specific problem they need to solve. And speak to them in their own words.

You have to remember the capture of attention is marketing gold.

The capture of attention is that first moment where someone stops what they’re doing and thinks…wait a second, who IS this person?

If you’re trying to speak to everyone, your ideal client avatar, the person you’re dying to work with, is never going to have that moment.

Being the generalist will leave you proving yourself, discounting your services, fighting with other agents for listings, and feeling like you’re no different from anyone else.

You need to offer a specific solution to a specific problem.

Falling Victim to “Unicorn Syndrome”

There’s this phenomenon that goes on in the real estate community that I like to call “unicorn syndrome”. It’s where agents think of the real estate industry as so special and so different than any other type of business.

When in reality, that’s not the case at all.

Real estate is really all about human connection.

You have to remember: your business and your clients are not the exception to the rule.

When you fall victim to unicorn syndrome, you believe that proven marketing strategies, such as niching down, won’t work for you. Because you’re special and different.

But here’s some tough love… your business is *not* that special.

Businesses have operated on the same principles for 1000s of years. The principles of marketing and crafting a powerful message that resonates have been the same since people were selling skirts in the town square.

The main reason things have changed is that we now have access to incredible technology at our fingertips to help us spread our message.

So if you’re an agent who has a relevant, powerful message, you have the ability to reach your perfect ideal clients at scale because of things like online advertising.

Just remember: wherever you’re located, whoever your client is, whatever your services are, you are not the real estate unicorn. Don’t let this excuse hold you back from honing in on your ideal client avatar.

Just remember the basic, foundational principles of marketing still work.

Not Using the Language of Your Ideal Client

When you go to craft your ideal client avatar, one of the best pieces of advice I have is to go out and actually talk to them.

Whether it’s in person, on Zoom or you just pick up the phone and give them a call, make it a priority to start having conversations with your ideal clients.

Talk about their problems, their struggles, their desires.

When you do this, not only will you be able to craft your services around their needs, you’ll also learn to speak their language.

Sometimes as experts, we think we know what our clients want and what they’re going through. We’re so sure we understand the problems that we solve.

But in fact, we actually don’t.

The best thing you can do as an agent is to speak to your ideal clients to understand the language they use, so you can craft a message that resonates with them.

You’ll be able to speak in their own words, rather than using any industry or expert lingo.

When you speak to somebody in their own words, the person feels as if you’re seeing into their soul. As if you’re right inside their head. And can connect with what you’re saying in a deep and profound way.

Your clients will start to see you as someone who truly understands them, rather than just somebody who’s marketing to them.

Not Updating Your Ideal Client Avatar

An ideal client avatar exercise is not something you set and forget.

It needs to constantly be updated as YOU and your business grows and evolves.

Your ideal client avatar is going to change, your experience is going to change and your understanding is going to change as you work within your marketplace.

The more you work with your ideal clients, the more you’ll be able to refine your ideal client avatar.

Once you start working with a certain type of client over and over again, you’ll gain clarity on something you didn’t realize in the beginning.

You’ll want to take note of any changes or shifts in your ideal client. Make it a point to revisit your ideal client avatar every couple of months and update it based on your personal growth, experiences, and knowledge you’ve gained.

Focusing Too Much on a Large Audience Rather than a Small Targeted One

So many agents think the answer to success lies in growing your audience bigger and bigger and bigger.

They think they need 10,000 followers and a massive email list to have a successful career in real estate.

If you’ve ever felt this way, here’s what you may not have realized about this ideology.

Typical conversion rates are between 1-3%.

With this kind of marketing, you’re attracting cold leads.

But when you focus on a smaller, more targeted group, and develop a real connection with them, everything changes.

The conversion rate on the niched group is going to be astronomically higher.

And a big part of the reason for this is because this group of people already knows, likes, and trusts you.

When someone already feels like they know you, they don’t mess around. You’re not just another agent to them.

You won’t find yourself in a situation where your client is interviewing six other real estate agents, trying to figure out who will give them the best commission break, or who will give them the highest listing price.

Instead, they’ll already be sold on YOU.

When you’ve brought someone into your world through your marketing, oftentimes there won’t even need to be a listing appointment.

Instead, your clients will jump straight into, “When are you free and when can you come to see my house?”

They already know who you are, what you do, and what you specialize in.

Heck, they even know you have a Corgi and love taking your kid to soccer practice and that you don’t work on Sundays.

They already see you as a friend, even though you’ve never met. And that kind of relationship is a thousand times more powerful than having a massive cold audience to sell to.

Remember, it’s not about the numbers, it’s about how deeply you’re connecting with a *specific* type of person.

Focusing Too Much on Scaling Your Marketing Efforts Without The Foundation

Don’t get me wrong, omnipresence is definitely one of the sexy parts of real estate marketing. All of a sudden, you get to be everywhere, almost like you’re a celebrity. You’re showing up in all the right places, you’re on people’s newsfeeds 2 to 3 times a day, and you’re building authority as the expert.

But before you get to the fun, sexy things, you’ve got to build your foundation.

If you try to skip to omnipresence without first becoming relevant, constantly seeing your message across all platforms is only going to annoy your audience rather than build a connection.

When you haven’t taken the time to perfect your ideal client avatar, every single thing you build on top of that is a house of cards.

It doesn’t matter how good your intentions are, how much money you throw at fixing your funnel, or what your ad spend looks like. At the end of the day, if your messaging is off, if your ideal client avatar isn’t spot on, nothing else will make any difference.

Take your time on this piece and get it right.

Think of your ideal client avatar as your entire marketing foundation.

By putting in some hard work to craft your ideal client avatar the right way, you’ll STOP hunting for leads and start to effortlessly attract perfect-fit clients every single day.

Do you want more support with generating qualified leads for your real estate business? Download my free The Listings Lab Guide to learn how to fill your calendar with appointments in no time!