87% of Real Estate Agents Fail: Here's How to Succeed

Nearly 90 percent of real estate agents leave the industry in five years or less. Today’s guest, Tim Garrity, has 20+ years of real estate experience, and he’s learned that relationships are key when it comes to building a resilient business. In fact, according to Tim, most agents fail because they don’t follow that principle. Tune in and hear how to build a thriving real estate business based on real relationships. Tim also discusses his approach to leadership, shares how he built a brokerage from scratch, and offers advice to Realtors who are feeling discouraged.

Listen to today’s show and learn:

Tim Garrity’s start in real estate [3:56]
Finding real estate deals after the last major crash [7:52]
Marketing via a real estate blog [10:17]
Getting your reps in with renters [11:13]
Tim’s first buyer client [16:24]
What Tim wishes he knew as a new real estate agent [19:16]
An alternative to real estate CRMs [23:31]
About Copper Hill Real Estate [25:53]
Building a real estate brokerage from scratch [26:34]
Overcoming common challenges as a real estate broker [30:29]
How running a brokerage compares to being a solo agent [37:53]
The difference between ordinary and extraordinary real estate teams [39:37]
Supporting your team and finding the right people [44:27]
Advice for agents who are feeling discouraged [51:30]
Where to find and follow Tim Garrity [56:22]

Tim Garrity

Tim Garrity is a Partner, as well as the Broker of Record at Copper Hill. He helps clients get to where they’re going, and he helps agents exceed their potential.

He has decades of experience in the mortgage, new-construction, and real estate sectors, and helped form the brokerage, title insurance, and development divisions within Copper Hill’s enterprise. Tim holds both BS and MBA degrees from La Salle University’s School of Business.

He grew up in Suburban Philadelphia, lived in the City of Philadelphia for 20+ years, and currently resides in Flourtown with his family. While Tim’s expertise centers around Philadelphia and Suburban Philadelphia, he also has extensive knowledge of the South Jersey Shore.

Tim’s current focus lies in running and growing the real estate brokerage division of Copper Hill. He and his staff handle all of the team’s communication, problem solving, mentoring, growth, and overall success. His goal is to personally show each Copper Hill agent how to “crawl, walk, and run” by helping them start, grow, and retain their own book of business.

Tim’s passion is to help/teach those within his network by utilizing his entrepreneurial business skills and experience as a real estate brokerage owner.

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-Aaron Amuchastegui