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The Advice Costing Real Estate Agents the Most Money

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About this episode

If you're outgrowing your support system as a real estate agent, this conversation is going to hit you in a specific way.

Most agents I talk to are making decisions based on advice from people who have never done what they're trying to do. Family, friends, agents in their office — people who mean well but have zero demonstrated track record in the area they're speaking on. That's not guidance. That's noise.

Here's the framework I actually use: I only triangulate ideas with people I'd call "believable." That means they've produced the outcome I want, consistently, over an extended period of time. Not once. Not on paper. Consistently. If you don't meet that bar, I love you — but I'm not running my business decisions by you.

I walk through a real example in this episode. An agent I coach got offered a developer deal — $120,000 in commission. Sounds like a win. We ran the numbers together. Time on site, weekends, opportunity cost versus his last creative deal that paid $50,000 in five hours. He was about to trade his highest-leverage work for $10 an hour. The commission looked big. The math told the truth.

I also break down what Ray Dalio figured out after losing everything — why he built an entire system around triangulating with believable people instead of asking for validation. And Naval Ravikant's four requirements to build real wealth: specialized knowledge, tools, leverage, and good judgment. Most agents are operating at the two lowest forms of leverage and wondering why they're stuck.

The people you ask for advice set the ceiling on your thinking. Proximity is power — and if you're triangulating with people who don't understand the new forms of leverage, you will never graduate past their level of thinking. That's not harsh. That's just true.

If this connects with where you're at right now, subscribe. New content drops every week for agents who are serious about thinking at a higher level.

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The Advice Costing Real Estate Agents the Most Money

The Aaron Novello Podcast

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