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Real Estate Rockstars Podcast

1274: Agents Are Quitting… Here's How It Can Benefit Your Business: The Golden Handoff with Nick Krautter

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 26 September 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

Are you curious about how to transition from residential to commercial real estate or leverage opportunities when agents retire? In this episode, Nick Krautter, author of The Golden Handoff, shares his journey into commercial real estate, offering insights on market trends, client acquisition, and commission structures. He emphasizes the importance of long-term relationships and staying connected with potential clients, even if they’re not ready to buy or sell. Nick also breaks down his “golden handoff” strategy, where agents can inherit retiring colleagues' businesses, and provides practical scripts and strategies for approaching potential partners. Tune in now to learn how to grow your real estate business! Links: Follow Nick Krautter on Instagram Visit The Golden Handbook Website Buy Nick Krautter’s Book: The Golden Handoff Follow Aaron Amuchastegui on Instagram Learn More About Shelby and Five Pillars Nation Get Hundreds of FREE Real Estate Tools From the Toolbox Join the 2025 Real Estate Rockstars Mastermind!

Transcript

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0:00.0

Real Estate Rockstars, this is Aaron Amuchistegi. Hey, you're about to listen to the interview that I did with Nick Crowder. So Nick recently re-released his book called The Golden Handoff. It's funny, you know, before I took over the podcast in 2019,

0:13.4

before Shelby took over for a while in 2023, long before both of us

0:17.7

was a guy named Pat Hybin.

0:19.3

Well, Pat had actually interviewed Nick twice on the podcast maybe about 10 years ago about these.

0:26.3

You know, if you have any interest in commercial and industrial real estate, that's something

0:30.9

that Nick talks about at the beginning of it.

0:33.3

And the second half he talks about his book, The Golden Handoff, and how big of an

0:37.4

opportunity is right now when there's agents out there that are deciding to

0:41.1

quit the business, to leave real estate because it's more challenging or to

0:44.3

slow down and focus on the easy stuff or people that have big databases but don't really want to go

0:48.8

back and like go after those databases or go after those leads or they've done deals but they don't want to put them in a CRM.

0:55.0

There could be a big opportunity for growing your own business

0:58.0

by partnering with them.

1:00.0

I think it's a really interesting strategy.

1:01.0

I think you guys should listen up, and I hope you really enjoy it. So without further

1:04.8

ado, here goes. All right. Let's get started. Nick Crowder. Nick, where are you?

1:23.0

Where do you live, man?

1:24.4

So I'm in Seattle.

1:25.4

So I live a lot of places.

1:27.2

Originally, I was in Portland, Oregon for 20 years

1:30.2

and also spent a lot of time in Southern California.

1:34.0

And this summer we've been traveling all over the world,

...

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