326. First 1.5 years in Commercial Real Estate Brokerage with Jake Clark
Description
Key Takeaways:
Early Exposure: Jake's background in real estate started with his father, who was an investor and flipper, which inspired his career path.
Networking Strategy: He attended 8-10 networking events weekly and meticulously tracked contacts, believing "network is my net worth."
Persistence: Jake used cold calling extensively, making up to 400 calls a day to build his pipeline.
Specialization: He focused on 15-75 unit multifamily properties, primarily in the Murfreesboro market.
Mindset Shift: Transitioned from a transactional approach to being an investment sales advisor, which helped differentiate himself.
Continuous Learning: Invested in himself through masterminds, reading books, and attending industry events.
Deal Sourcing: Demonstrated skill in finding off-market deals, including a 16-unit property he sourced and closed after 134 days of follow-up.
Marketing Strategy: Uses LinkedIn, case studies, and creative follow-up to keep deals and relationships alive.
Technology Adoption: Utilizes tools like Intel CRE for underwriting and Gamma for presentations.
Motivation: Being laid off from his previous job drove him to take control of his career and succeed in commercial real estate brokerage.
United States
