Mike Ferry TV Blog

The Mike Ferry TV Blog (MFTV) is an excellent resource for anyone interested in Real Estate, particularly agents and brokers looking to enhance their skills and knowledge. The MFTV episodes provide practical skills and strategies that can be immediately applied in the Real Estate business. These range from improving your self-confidence to understanding complex legal issues in the industry, essential for navigating the Real Estate market effectively. The Real Estate industry is dynamic, and staying updated with the latest trends and legal verdicts is crucial. MFTV offers up-to-date information, ensuring that Real Estate Professionals are well-informed about the latest developments in the industry.

How to Thrive in a Shifting Real Estate Market – Mike Ferry’s Proven Plan – Part One

Welcome back to Mike Ferry TV. My name is Tony Smith, coach and speaker for the Mike Ferry organization filling in for Mike Ferry. Listen, we are in a changing market in some parts of the world. It's actually a flat market. In some parts of where we work, it's a declining market. The advantage of working around Mike and the Mike Ferry sales system is that he has 50 years of experience taking us through normal market cycles. You have to recognize that what we're dealing with is part of a normal economic cycle. Now, it may not feel like it's normal because we've been on this ride over many, many years of the market going up, up up...

What Every Top Agent Just Learned at Mike Ferry’s Superstar Retreat!

Welcome to Mike Ferry TV. Tony Smith here, coach and speaker for the Mike Ferry organization, and I am thrilled to be filling in for Mike Ferry. This is the week of July 28th. Okay, here we are. We are at the Superstar Retreat midway through this thing, and we decided to record some notes from what we're picking up in our time here today. Okay, we've got a room full of fired up people, a room full of people that are just grasping every straw they can, getting all the notes they can, and they are ready to take their business to the next level. I thought today I would share with you a couple of observations that I've...

Real Estate’s Mid-Year Wake-Up Call: Get Back to Work!

Welcome to Mike Ferry TV the week of July 14th. You know, every time I record one of these Mike Ferry TVs and I say the week of I realize that time is running out on the calendar year 2025. We're in the second half of the year. January and February were very difficult months nationwide in Canada and the US for real estate transactions. There's a lot of theories why it was difficult, but the proof in the pudding is the number of transactions declined dramatically here in the Las Vegas area, where we live on operate our company. The transaction count is down almost 40% over last year. At the same time, there's 15, 16,000 agents in our...

Sell More Homes by Mastering the Art of Pricing

Welcome back to Mike Ferry TV. My name is Tony Smith, filling in for Mike this week remotely. Okay, here we are. The first week of July 2025, six months of the year is behind us, and we have an incredible six months right here in front of us today. Are you planning to take full advantage of the six months in front of us? Today there's the topic that we all need to address a little more often, and it is about pricing, property and price reductions. Mike for years has always said listings are the name of the game. Then he upped the ante and said listings are how you stay in the game. He was actually quoted...

Prequalifying = Profit: Why Smart Agents Do It First

Welcome and Good morning to Mike Ferry TV. It is the week of June 30th. Half the year is gone. Half is done. Half is finished and we aren't getting it back. So how have you done? How many listings have you taken compared to your business plan? How many listings sold? How many sales have you made? Have you spent time working on your schedule? Are you prospecting your database? There's a lot to learn about the real estate business. Over the last couple of weeks, I've done several little three-hour seminars for some of our customers in Southern California, and one of the things that I became most aware of was the amount of information that is necessary...

Real Estate Chaos: 6 Brutal Truths You Can’t Ignore in 2025

Welcome and good morning to Mike Ferry TV. The week of June 23rd. Everybody is asking the same question what happened to the real estate market? Are we in a recession or are we in a depression? You know what is going on and what's causing, you know, the market to be the way it is? And of course, the challenge that we face is some parts of us and Canada, the market is still very strong. Most of the US and Canada, the market is weakened a little bit. Certainly not 2008, nine and ten, but it has weakened a little bit. And I get asked all the time, what are the causes that are that are causing the...