The Secret to Selling More Homes? Learn This Untapped Strategy with Dennis & Teresa Walsh

Listen In:

Transcript


▶ Show transcript

Sherri Johnson (00:00.626): Hey there and welcome to the Sherry Johnson podcast show. I'm Sherry Johnson and I'm so excited. We've got an unbelievable show for you today. Two of my very favorite people, Teresa and Dennis Walsh are joining me today. We're going to give you unbelievable takeaways to grow your business in today's market. Hi Teresa. Hi Dennis. Thank you for joining me. I am so excited. You're one of my first episodes on my new podcast. We retired the old one.

First of all, I've known the two of you for literally the whole career. I started in Smythe Cramer Real Estate, in Smythe Cramer Company in Cleveland, Ohio, where you launched your new construction certification. You've been around literally the entire globe. You've helped so many people up their game, learn strategies to sell new construction. So vital. in my opinion, there's no one else doing what you're doing. So I want to congratulate you.

And tell you just what an honor and privilege it is to have you in my life. About eight years ago, we were united touring all over the place, speaking and being in events together. It's just been a lot of, a lot of fun and a lot of excellent and amazing values. um, tell us a little bit about how you started the company. The need, this is an unbelievable niche. When you think about new construction sales, home remodeling agents don't have ways to.

diversify their lead generation. so having these additional certifications and expertise allows them to have so many more opportunities to sell more houses and add more value. how did you get started? Because I know you're really one of the few, if the only, think, I think to me, you're the only people that do this. So tell us about how you got started and along the way how it's done. It's an unbelievable journey.

And I'll give you the quick run, but I grew up in a construction family. My father was a contractor, uncles, my grandfather built homes. So in the summer, when other kids were all goofing around and laying around in the backyard, we were working on construction sites. So I learned all the trades hands on growing up. When I was 14, I started my own remodeling business. Of course, the challenge at 14 is you don't have a driver's license. I show up the first

Sherri Johnson (02:18.264): some.

First day of the job with a wagon with my tools and they're thinking, what have we done? We just got to build our deck or whatever. But it's always been a part of my life. So construction, I had a factory in Chardon, Ohio. And I did panelized trusses, wall panels. We shipped packages for homes for professional builders all over Ohio into New York, all the way down to Naples, Florida. And so that was a business I

70 employees building all that. was material supply. Then I also had a design build, custom building company, did that and always tried to stay on the leading edge with super energy efficiency and some of the latest methods and designs. And it was really exciting. And then one day this beautiful little blonde bouncing into the office and she's trying to sell flooring.

I didn't care when my brother and I had a flooring company and I didn't care once I saw Dunn if I got his business. I said I'm gonna close the deal and marry this guy. 37 years ago, so that's right.

I was, I believe the first builder in the entire area to actually open the doors and cooperate with real estate professionals. I quick realized that there was a great desire to do that, but the agents really had no clue. Nobody had ever taught, was no training. How do we work with builders? How do we help buyers through the process?

Teresa Walsh (03:46.178): such a divide too back then. Builders were like oil and water back then. Yeah, we were like a banjo.

right.

Yeah, not only didn't get along or know how to get along, just didn't want to. so, so we enjoyed the idea of motivating and educating people. I was invited to come into Realty One to do some training, realize, this is something I love to do. There's a lot of excitement. So I remember coming back one day and saying to Tree, you know, what if we created this business and we traveled the nation, we traveled the world and we took, you know, it sounded like a big idea. And of course you can relate as you build your big idea.

brought it to life. And so it began back then. And the story now is we created our certified new home specialist training. then created residential construction certified, and then ultimately also our residential remodeling specialist. We've had now roughly 200,000 real estate professionals, building professionals through our various courses and live presentations.

Home Improvement uses our construction course in all 1,700 stores because they said, you guys have the best online training. We want to teach our salespeople. And when you think about it, Sheri, I got my license years ago in Northeast Ohio. Definitely was not mandatory back then.

Dennis Walsh (05:02.222): It's a long time ago.

Wait, I didn't hear. How many years ago?

42 years ago. then think about it. Not mandatory that you know what's behind the drywall, window types, roof types. You didn't need to know anything about you were selling. But guess what? HGTV and the internet didn't exist back then. A whole lot didn't exist back then. Now we need to know the product we sell. So that's why Lowe's, approached us and said, we heard you have awesome online training to teach about the components of a home. So we're proud of that.

Sherri Johnson (05:33.998): want to stop for a second and say, like, I knew bits and pieces of this story, of course, and I knew how you met and I love that story. It's so fabulous and it's just wonderful and I'd love to hear it again. To see you at 14 say, I want to do this, what fabulous role models you have and knowing then when you got into and literally I've been licensed and I'm about to start my 30th year.

I was told LB McAlvin said, you have to take this class. This is a must have. You started it out here. You've got, you have 200,000 people have gone through your program and I just kind of, I have to pause and say, really you are the who's who, real estate, new construction, marketing, home sales. It's amazing. I love it. I mean, just that factor alone. And you know, every company has.

brought you in. know that just because I get to be kind of on the coattails of being saying, Oh, I know that I'm and just knowing that this is an area. And when you say we didn't get along with builders, I, we did not, and it was not fun. And as an agent, didn't later when I got into management, I was trying to create bridges and close the gap and get cooperation. It's a real hard thing to do. So I'm glad you pioneered that because we all know.

the industry needed it. And then to think you're in every Lowe's store, you know, and again, you said it, HGTV was not around. This was not a thing. Nope. The boom took place when people started doing Home Depot projects and Lowe's projects and wow, what a need for this just from the general public as well as our industry. So we, you created a designation, which is what I really want to dive into agents today.

can take your course, can learn how to sort of master the art of selling new homes and being a specialist. What does that entail and how is what you teach them?

Dennis Walsh (07:43.822): Well, you know, I think one of the things I first want to point out is over the years of doing this, we've all seen a lot of changes and up and downs in the marketplace. One of the things as Tree kind of alluded to in the beginning, the attitude was, well, do we really bother with new homes? Do we need that? Well, I think one of the important things to recognize is that new homes for most buyers and shoppers out there is part and parcel of their shopping experience. 60 % of all active shoppers want to shop for a new home.

They ultimately aren't all going to buy a new home, but it's got to be part of the process. And we always say it's the bait that brings the fish into the boat. so that's one of the fundamental things to be aware of when it comes to remodeling. 55 % of all current homeowners want to do some significant remodeling to their home. So what are they saying? essence, they're saying, you know what Sherry, I don't love my house exactly the way it is. There's changes I'd like to make. There's things about this home that don't meet my needs.

So we're looking at that, we're saying, okay, 60 % of all active shoppers want to shop for a new home. And guess what? Builders have to keep building. That's right. Developers have keep developing and they have to keep selling. That's their business. Sellers of existing homes can just take the homes off the market and wait for things to change. Builders can't do that. So it's always a fundamental component of the market. We have a huge need for more housing inventory. It's estimated somewhere three and a half, 40 million homes were short.

housing units short to meet the needs of folks across this country and every year that grows with more household formation. So these are some of the most powerful components of residential real estate and yet a very small percentage of agents have the awareness. Know how to tackle it all, know how to guide people through.

Well, know Sherry, because you were a manager, so many agents, because believe me, we've talked to a lot, they think new homes, you know, I don't want to sit on site for a builder. That's where it stops. I think that's only way to get into the business. So we were just recently at a convention back in February and I had a woman, she sees our certified new home specialist logo. We've got the exhibit boots, comes on up and she's like, oh my God, new homes.

Teresa Walsh (09:59.810): That's all I sell for 30 years. said, come on in. You are one of my people. in here. Let's talk. I love it. And she, said, have you ever taken any training for new home sales? She said, I could probably write the course. said, okay, it's going to be you. There's always one at every convention. She's going to be, I said, okay. So we're located. She tells me what city and state she's in. And I use this statistic Dennis just shared with you. 60 % active home shoppers are looking for new construction.

Do they want to work with agents?

They, 92 % want to work with real estate professionals, which is amazing statistic for us. How often do we hear this? Oh my gosh, these buyers, they drive me crazy. They go directly to the builder. That's right. We hear it all the time. So I said to her, well, let's do a little exercise, shall we? I said, if my husband and I were moving to your city and state and we want to find a real estate professional and we're one of the 60 % that would like to look at new construction.

Google your area right now." I turned the computer around, I show her, I said, look at this. Not one real estate professional shows up. said, mainly you. And that all you sell are new homes for 30 years. But I don't know that, only you do. She's like, huh. I said, yeah, because we don't think about intercepting buyers before they go to the builders. She looks, do you take American Express? I said, yes, I do.

God, we need to leave in America.

Teresa Walsh (11:28.930): But it was so funny because there's such an aha moment that let's forget about, that's a great way to do business sitting on Cypher Builder, but it goes way beyond that. Let's intercept the buyers, market ourselves as new home buyer representatives, have the opportunity to build that trust, build that rapport. And guess what? Not all of them are gonna buy new homes, timing and affordability, but you've had the opportunity to build that trust.

Take him to that educational process.

Exactly, and show them something that is that work

And by the way, roughly 80 % of the buyers of new homes have existing homes to sell. And her story there too, I remember we were on stage at one convention, there were 2000 agents, managers out in the audience. And we went through that same information, the 92%, the 60%. I just said, just out of curiosity, if Teresa and I were coming to your market area tomorrow, I said, I'd love to see a show of hands.

Would we find you? We're looking for a new home. looking for a new professor. Would we find you? And maybe two or three hands out of 2,000 people went up. We're saying, you kidding? You're invisible to the biggest segment of the market. And maybe one of the most fundamental American dreams is that someday I'd like to own a brand new home. Let's explore that possibility. Is it crazy or what?

Sherri Johnson (12:54.794): It is, the numbers are staggering and I think it is a total aha moment for agents listening to this podcast right now. This is exactly why I'm you on my show. This is, when you think there's 1.5 million real estate agents in that country and only 200,000, which is a huge number for you, but 200,000 have taken the class and yet all these people are invisible. don't.

When you Google, and I say this all the time, do you offer, do you cover that in your bio? Do you cover it on a buyer? When you meet with a buyer, agents, are you saying, specialize in finding you vacant land, finding you a builder, right?

It should be in their social media. Yes. It should be there should be content on your website discussing how you can support them through that search and the benefits of working with you and all that stuff is fundamental. But again, so the so the great news is this is virtually untapped. They always says, look, you already have a spigot turned out in your business. You've dedicated a lot of time and effort to building that. And that's existing used homes.

That's of interest to 40 % of the buyers. You I'm not, that's all I care about. Well, great. Let's open it up to the other 60%. Let's turn on that spigot. And it doesn't take that much effort. can explain, you know, we get to that point, Tree can kind of explain the training, what's included and the rows you go down, but you could literally, we literally have people knock out all three courses over a period of two weeks or.

maybe three weekends or something, and they're off and running in their business in ways they never imagined. I think the other thing I have to point out too is, and Tree already said, you know, people think of sitting on site. That's one way to do business. We have people doing subdivisions and selling a group of builders in a big community. We have people working with developers, but there's also positioning yourself as a new home buyer specialist. Almost every agent on earth should be adding that.

Dennis Walsh (14:57.486): to their expertise. Working with custom builders, there's infill, tear downs, rebuilds. You know our son Christian, Christian's ranked in the top 1 % of all agents in the nation, right? We don't think it's a coincidence. We do think.

We church them every year, you're going through the tree.

We think because he applies this in his business and a big area of his business is taking his knowledge of construction. We teach in the course of success strategies around the infill, tear downs, rebuild. It's estimated that more than 30 % of all the residential building permits issued the last number of years have been some sort of infill, tear down, rebuild, old apartment, tearing down an old hotel.

Some of the stuff comes up, it's condos. Some of them are rentals. Christian has found that his business has evolved in not only helping developers tear down stuff and put up single family homes or multi-family projects, but also investment problems, right?

Exactly. You what I want to tell you is that I started my career. I don't think you know this story. And I dated a builder's son. I was in commercial printing working for my father's printing business. My parents had a printing company in Solon. You know where that is. And so I grew up in Solon. I was in commercial printing my whole life. I dated Rick DiNello's son. You know, Rick DiNello from the novel. And he

Teresa Walsh (16:27.256): house.

just passed, I went to his funeral last week. He told me every single Sunday, he would say, kid, you need to be in real estate. Kid, you need to be selling houses. I got into real estate because of a builder. No knowledge of any real estate at all. I could say I stopped printing. I'm never getting into real estate. He literally told me for at least two years, I should be in real estate. And I ended up

You know, I wasn't dating his son any longer. He's a great guy, but I got my license. My mom pushed me to get my license. She said, just get it. And, and I want to tell you that throughout the years, whether it's an agent and I would go find builders. I wanted to learn it so that I could get the business from opportunities that I saw where builders were not represented. so if you're sitting there listening to this today, I want you to write down where the builder opportunities, who are they?

Again, not every builder is represented and you don't have to be sitting at a model home to do new construction. You can actually offer new construction sales to your buyers, whether they buy it or not. want to ask you 60 % want to look at new construction homes, new homes. How many do we have a stat like, cause I know that I would tell people, even if you're considering new construction, cause I didn't want to lose them, Teresa to the builder. They go into a model home.

Right? And I wanted to make sure that if we were even remotely thinking about new construction, that you were going to do that with me. So 60 % want to want to at least consider new construction. How many end up buying that? Do you know that number that a

Dennis Walsh (18:09.134): Well, on a national level, that number tends to hover somewhere around 20 % of all sales, but there are market areas. Teresa and I did a ton of training down in Atlanta for years and it ran 40, 45 % of all sales there. So that's just one example. there's markets like that. Yeah, Florida. Yeah, Florida is.

This is another one.

has huge, huge new construction. The new construction sale beat residential resale in markets. I've seen those stats. I think the number of agents who don't have this in their toolbox is staggering. think that most people are scared of it. I think most people don't realize how available this type of training is and how affordable it is and that they can use it to leverage their bio, their skills, their value proposition.

Again, even if someone doesn't end up going the new construction route, you have added value to the conversation and you are speaking those things. You're never going to lose a client if you're having this in part of your dialogue. If anything, you have every opportunity to help them consider new construction, make the decision whether that's in their best financial interest to go the new construction route, go through it, know how to handle it, be versed. That's what I think is so great. Being versed.

in this is going to be an advantage to you as an agent. you're listening, mean, look, what are you afraid, what's on your website? How do you communicate in your buyer guide, for example, that you can represent someone effectively and handle the sale? What I love is that if you can put the right keywords on a landing page that offer new construction sales, when someone is typing in new construction,

Sherri Johnson (20:00.022): you know, what part of California you're going to pop up, you know, and I know, I guarantee your son's name is going to pop up because he has this down to YouTube channels and et cetera. But what can they do? What can agents do in addition to new homes and getting certified the new home specialist, CNHS residential construction certified as well as residential remodeling?

specialists, which I want to hear about because that is hot. That is something today's sellers are considering making major renovations, but maybe they should sell agents today. Dennis and Teresa don't know how to have that conversation. They avoid it. They miss an opportunity. How can, how can we educate them on the remodeling designation?

let tree jump into that. want to make just one point. We have the three courses. The residential construction certified is how a home is built. So that's what Lowe's is using across their stories. It's materials, methods, structure, terminology. Everyone in real estate benefits. You're talking to home inspectors. You're talking to contractors. People are about the improvements they want to make in their home. That's the product we sell. It's the language of residential real estate. So that's at the heart of it.

Certified new home specialist is working with builders, developers, new home buyers, also in-depth sales, closing, overcoming objections, and we hear all the time, that training is not just for new homes. This is changing everything I do. Then we have residential remodeling specialist, which also builds on the construction course, right, and that knowledge. These are helping sellers position their sales, maximize the sale.

Teresa Walsh (21:48.626): How many agents are always asked this question if they're talking to a homeowner, a buyer seller? If I were to go ahead and maybe remodel the kitchen or maybe put hardwood flooring in, just do a few things to the house. How much will my home be worth after the remodeling? They're asked that question all the time. And guess what? Most agents are not prepared to answer that question.

So we now teach them in the training, everybody does a CMA. We teach in the training program how to do an RVA. That is a remodeling value analysis. What the home will be worth after the remodeling. So we tell all the graduates of our residential remodeling specialists, reach out to anybody you've ever spoken with about real estate, anybody you've sold a home to. Sherry, what's going on? Are you growing out of your home? Do you need a downsize? What's happening? Funny you should call.

I've been thinking about remodeling to Dunn's point. That's an open door. They're not satisfied with something in the home. So now, over there, you talk about what it is they'd like to do with the home. After, and we have a remodeling checklist that they follow in there. Once you're done, you'll be able to share with them, well, here's what your home's gonna be worth, Sheri, and highly recommend, you don't wanna put all that money into this.

Cause now some people will say, I don't care. I'm going to die in this house. doesn't matter. But most people, they'd want to know upfront, wait a minute, because everybody thinks, Oh, if I put X amount of dollars and then whenever I go to sell the house, all the back, it's not a reality. Okay. In most markets, that's not a reality. So let's do the minimal amount of remodeling in your current home.

let's get the most bang for your buck out of your current home. Let's sell it as is. Don't let a flipper and an investor make money on your house. I want you to make money on your house, Sheri. And that we're going to find a house that has great bones and we're going to buy that house at wholesale, not retail. Wholesale meaning you're going to do the remodeling. Retail, you pay for somebody else's remodeling. So when it's all said and done, you think about it. You captured the buyer interested in new homes.

Teresa Walsh (24:05.218): due to timing and affordability, they can't afford the new home. Now we're going to find a home for wholesale that you're now going to remodel. It's going to be new to them, right? So we consider our three designation courses as the turnkey agent. You're going to be prepared to talk to anybody in and being a position where you're actually demonstrating your value. Cause I'll tell you what, they can't stand the agent knocking on the door.

Love to list your homes and they know nothing about their business. And you just shot yourself in the foot. I don't care if you've been in the business 30, 40 years, it's a different animal.

Well, the wholesale versus retail language. And that's him. Listen, anybody who's taking your courses are going to level up their negotiation, their speak, how they present on any appointment with any buyer or seller. This is so, it's like gold. I remember being and going through your website with you a while back and seeing the RV, the home remodeling, calculator.

yeah, the calculator that helps. It's phenomenal. And it's all part of this entire package. And you do increase their skills in marketing overall between marketing themselves as the whole language of wholesale versus retail, which we're hearing. I'm hearing that terminology. It's, it's literally

Dennis Walsh (25:20.410): Our estimate was.

Sherri Johnson (25:45.474): The best way to put that. And we have something called the three Rs when you're trying to connect with your sphere and you're saying to your sphere. And it came up with this literally as a decoy. Like, are you thinking about refinancing, remodeling or reloading? I can help you with all three. can save you time and money and all three. And people in my coaching will remember the three Rs is like a real popular thing. Again.

those people who think about remodeling, it might be in your best financial interest to what Treja said, which is, let's put some into this. Right. We have a client that's earlier today. I was with a client from Bethesda, phenomenal top agent, Anthony Carrero from Long and Foster. He helped his seller with this exact, he has your designation actually. He helped his seller net another $140,000.

because they put $70,000 into the kitchen on purpose. And it's all strategic. You've got the turnkey. You said turnkey. This is a turnkey. Learn it. And I like too that you said you can take these three courses in a matter of weeks and have the information available and go out and use it. And I believe compete at a higher level and win. And I just, love this. This is so great. And

You really are when you think about that

I didn't about anything here. You're killing us.

Teresa Walsh (27:11.746): down or sherry?

I am like, just this is so magnetic. mean, if you can't leverage this material, information, you know, I don't know what to say. This is the real thing. That's kind of secret. Like think about it, right?

We were actually wrote a book, Real Estate Class Capsicur-

I know that's the name of your book. I love this. It's so good. And you know, when you come down to being an agent who says, want to actually add more value and differentiate today's agents, they need to differentiate themselves better. They're not doing that. They need other sources of revenue. They need more certifications. I believe this is a must have certification that every agent should have.

Sherri Johnson (27:58.732): whether you're new or experienced. And so you don't have to be in the business, right? You can be a new agent to get this and you can be an agent who's been right any level.

We've had new agents who've jumped into this, got a call from one who's been in real estate about a year. Sauce had a convention, took the training. He said, Dennis, I'm putting together a 200 unit subdivision. said, everybody in the office thinks I'm nuts. have no idea how I'm doing it. And it's about possibilities. One of our favorite stories is up in Northern California. We were putting on a session there sometime late last year and there was a guy in the room. And as I talked about infill,

I said, anybody here familiar with infill and this guy's hand goes up. I said, anybody done this, his hand goes up. Anybody attending the builders association connected with builders, same guy. finally stopped. says, what's your name, man? He says, I'm Joe. call me Joe V. I says, you're one of our people. Very nice to meet you. I'm glad you're here today. And he said, well, actually you met me 12 years ago. I'm sure you don't remember, but he said, you were doing a session in Northern California and Gino Blafari told me.

At the time, Hey, you've got to see these people and what they do. think this is something that could change your career. So I attended and let me tell you something. He says, you know, when there's things that happen in your life. That change everything. You meet your significant other that becomes your partner for life. have a baby, a baby's born. It changes everything. That day that I met you and treat in that room was one of those life changing days. said, wow, you.

opened my eyes to possibilities I never imagined. And he had just gotten into real estate. was a mortgage broker. He was in mortgage. He just decided to move into real estate. Okay. He says, since then I have sold over $700 million in just new homes. The new homes business has drawn all my resale. I've done tear downs, rebuilds. I've helped do infill and so on. I've done my total volume over this last 12 years.

Dennis Walsh (29:57.198): is $2.1 billion in sales. And Sherry, last year, he closed 180 million in just one year. We have an interview with him going up on YouTube soon here. He rolled into 2025, $100 million worth of new listings shortly after the beginning of the year, as his builders were finishing off other projects.

We want to bring Joe to every convention and time to our exhibit booth. Do you understand? Talk, Joe. Tell them what you've done.

one example and he said what happens is when you learn the language of construction we teach you the challenges of being a builder what builders want to hear and what they don't want to hear and builders don't want to do all kinds of work and all kinds of things we can bring to the table but there's just always this disconnect so it's so funny over the years continue to hear what a little niche and this niche is worth billions and billions of dollars

That case study right there, that had to just, I mean, talk about life changing. I love his story. I love that he came back to hear you talk again. think that's amazing. What a fantastic story. When you talk about the language of construction, the language of new construction, that is, I don't want to pass over that.

Agents don't understand it. And I think one of the other mistakes that they make is they sell new construction and they just let it go to the sales rep at that site to document. And I think if you're listening and you've done that, or you did it because the sales agent sort of took over, right. Now is an opportunity. Now this would be an opportunity where you can learn how that can change and that you can be pivotal in helping them make selections.

Sherri Johnson (31:48.472): Helping them go through all the steps in the stages and making sure that the punch list and the walkthroughs are happening and the selections and there's value to that. did that. I made sure. That's right. You got to be there.

I've loved Tree, one of my favorite stories. yeah. You know what it is. See, right now what you're talking about.

You were saying exactly and when you were talking about somebody brand new or how many years you've been in the business 40 years Definitely a benefit. So we were at a convention about five years ago and this woman again came up to exhibit booths all certified neom specialist She comes on over says, my gosh. I've got this great opportunity in Indianapolis, Indiana 43 condos starting at 400,000 move down buyers

Me and my team are working with the builder. There's existing homes to sell and the 43 condos. I'm like, oh my gosh. I'm so glad you fucked us. This is incredible. Congratulations. No, I don't need your training. I could probably write the course. I could sell anything. Okay, here we go. Home sales training. She said, look, I've been in the business 28 years. I could sell anything. I said, well, let me ask you a question. Number one, how much money

out there homes

Sherri Johnson (32:53.656): Bye.

Teresa Walsh (33:04.632): Do you think the builder and the developer have invested in this project? And she says, well, a lot. said, okay, so you don't think that it's worth your time and investment to make sure you do it right and show them that respect, you and your team? Because it's one thing to get them. It's another thing to make sure it's successful, right? I've got this. I said, okay, one other question. What do builders and developers do?

They build and develop. So if you screw this up, you think you're going to get back in that door? She says, I've got this. said, I wish you all the best. Six months later, we're driving to Vegas for another convention. Our assistant forwards a call to my cell. It's this woman. She says, you remember me? I say, yeah, I do. She says, I was so cocky. It wasn't I said, I said, that's not why calling. What happened? Oh my gosh. The day the models opened, the builder and the developer fired.

me and my team and gave the project to the direct competition. said, Oh my God, that had to hurt. She says, you have no idea. I said, Oh my gosh, did you want to know what I did? I said, what'd you do? says, I went and paid full price for your training. Every word, every module that I was going through, I was cringing more and more inches. And you want to know something? I would have fired me too. When I got to the end of your course, I would have fired me too because I did not do.

the job I was supposed to do. says, but your words are ringing in my head. And I said, I can't believe you called that takes a big person, right? She says, Oh, you share the story. If anybody's ever cocky at your exhibit booth again, I said, I will appreciate it. She says, but there's more. said, there's more. can simply be? said, you know, I have to drive by that project to get to my office every single day. And your words are ringing in my head. That project sold out one month.

Good luck.

Teresa Walsh (35:00.204): And you know what, they're building another project right around the corner and now I'll never get back in the door. So I always say to people, any agents I'm talking to, where is the downside for being prepared? Cause it's one thing to get the opportunity, get the builder, but it's a whole nother ball game to make sure you do it right. Cause it's not, there's no downside for you. It's only going to mean you're going be doing that much more business. But she shot herself in the foot and now will never has that reputation now.

You're not gonna use her because she does not understand new homes. And it's so unfortunate because it was an amazing opportunity.

And you said, what is the downside for being prepared? Which I'm going to take it so true in anything, especially this. What a great, bad example. yet this is what, you know, you'll love what I call this. I call it sales prevention, right? They're practicing sales, they're preventing success. So I say, stop.

Please stop practicing sales prevention, please. this is, you know, we're trying to help you. I'm glad she took your class. I thought maybe you were going to say that somehow she went back and re-interviewed, but that didn't happen, unfortunately. So this is a, we learn by other people's mistakes and please know this is not, you know, we know we can have all three designations done in less than a month, less than two weeks.

Okay, 27 hours.

Teresa Walsh (36:36.075): One more.

We give you lifetime access, so you can take your time. The beautiful thing is you can take the courses. You know what's in there now, right? We don't know what we don't know until we know it. Okay, now six months from now, I'm going to approach a builder. Great, let's go back into the course. Let's go through the steps. You're your services to builder, or you want to do some market research, or you're looking at design ideas or whatever. Residential Construction Certified. Again, this is computer-based, loaded with images and construction drawings.

that you'll be comfortable with when you're done, you can use that with your customers. Let me show you what's from Clarence Fireplace. Or let me show you types of windows. So it's just used in a lot of ways in your business.

It's a vault of information, everybody. seen it. It's so robust. The materials, the things, like you just said, it's what you don't know that is in there and all of it you will need at some point. And if I can take the course at my pace and I have lifetime access, and if I want to finish the 27 hours sooner or later, I love that. I also love the fact that you just said it's a lifetime access.

You can, you're always adding information. You're updating things where you're bringing more value to the members. So how does one go about finding your designations and your website? Could you tell everybody?

Teresa Walsh (37:57.311): It's easy peasy sell new homes calm not sell old homes Sherry, but it's so You love us calm Sony

New homes

sellnewhomes.com. And what I'd like to add, we have a couple of other things there. have a resource center and in there we have partnered with a company. It's not our product, but it's an AI design tool where you can take photos, whether you're thinking of remodeling or maybe you have a new home under construction, the rooms are empty. And in a matter of seconds, choose various architectural styles. It'll decorate that room for you. You can redo exteriors, landscaping.

time. It's done right there when I was your client.

Photo, you saw, we demoed you on the cost estimator. It's the best construction data available, updated monthly. And you can go there and learn about that. Something else I want to make you aware, we're going to be launching, I believe this is going to be ready hot off the presses next week, but we've been training an AI GPT and I'm blown away by how cool this thing is. This is something we're making available for free by the way.

Dennis Walsh (39:05.376): Visit our website, sign up and download this and you'll go into chat GPT, follow the link. And what you'll do is just simply identify your market area, zip code, a city name, that sort of thing. And then this will explore new home sales opportunities for you. It's going to research the builders in the area. It's going to talk about permits that are pulled. It's going to study the market, new homes, what build provide and what existing homes are selling or needed. So the output it's just.

It's mind blowing. if anyone has any interest, try that. I think most people are going to do that and say, wow, I'm surrounded by opportunity I never realized. So other things we say real quickly, start tracking local building permits. If you aren't doing that, almost no real estate agents are doing that. Find out, really find this stuff online. Who's pulling building permits and what the heck are they building? That's opportunity.

Attend your planning commission meetings, get out there. That's where all the new developments in fill business, all kinds of things. And there's folks there that are working on projects, planning projects, architects, and also get involved in your local builders association. And the knowledge with the language of construction, we're going to teach you in our training. You can go into those environments and you will come out of there with gold, with opportunities. And other agents will be saying, where are they?

How are you finding this stuff? How are you getting in the door?

Like Jovi. Yeah, just like Jovi.

Teresa Walsh (40:36.854): Now, Sherry, one other thing I just want to add again, many agents, they don't know, okay, so how do I intercept buyers? So now make sure, like I said, you're prepared. But one of the things I was just talking to a broker this morning, he's in the St. Louis market. He's like, the builders, just don't like us here. They don't like us agents here. I said, well, you know what? This offers a great opportunity for you to step up and show.

You and all of your agents that you know what you're talking about. Have you ever seen in your market area, Sheri, you're in Chagrin Falls area, right? Have you ever seen a real estate agent in your market and anybody listening, look around your real estate market, have you ever seen a real estate agent offering a new home buyer seminar? Not a first time. Now. Everybody does. A first time buyer seminar. But have you ever seen a real estate agent offering a new home buyer seminar?

I am a-

Sherri Johnson (41:30.125): Now.

We've got marketing tools also available on our website, which are PowerPoint slides. We've got one all built for you, organizational and checklist content for your social media. But you want to talk about one of the most powerful ways to get on people's radar. You do that new home buyer seminar and it's about you and what you're bringing to the table. I cringe when I hear agents say, need your training. I just dropped my buyer off at the door. I cringe.

New charge done.

This is a powerful way for you to show your worth, what you're bringing to the table, how you're going to organize them, how you're going to take the fear out of the transaction. You now have something that no one else is doing. And that's the beautiful thing.

And you know, my dad taught me if you're not adding value, no one's going to hire you, right? And if you add more value, can charge more. So in a world with buyer agency and saying, this is what I charge, this is the fee I charge, and here's what I deliver, and here's what I do for you. I love the fact that I can use the designations two ways. I can use them to go out and find builders and developers and partner with them because I'm bringing more to the table as a real estate professional.

Sherri Johnson (42:47.726): I love the fact that as an agent, guys are listening. I now have more expertise to bring to the table for a buyer. And this is so multifaceted on so many levels. also, a new home buyer seminar, I teach home buyer seminars and first time chair seminars. We have to start saying this. You have to take this class. This is a no brainer. 27 hours for all three.

and you have access for life. There is so much content. The fact that you just said all of the tools and checklists and everything you need to be successful to do this is already built for you. think Fernky has been said a few times. The day is when you would come and there'd be like 300 people. So very rare because we've really gone virtual and your whole product is so easy to take now. If I'm an agent, it's online. In the videos, I've seen the entire suite.

the library, it's like a vault of unbelievable data and market data. You owe it to yourself to go check it out. Sell new homes.com. Get to know these two phenomenal people. I want to also do a shout out to Darrell MacPherson, who really is the one who brought me back to you in one of our shows and Darrell, the great, great icon in the industry.

He's a brother to all of us.

I know he's actually, he's kind of like that with me now it's been eight years, but I really want to say shout out to him because he really said to me, you need to know these people. As soon as I said that phrase, was like, yes, I need to say DMACC. So we love you DMACC. We love you. I'm going to do this with them in a week too. So your product is affordable. And I want to just let everybody know what does it cost if I take all three, if I take one is the, mean, obviously.

Sherri Johnson (44:41.838): I believe every agent here and our coach, every one of these is the grand slam home run. So does this run, you know, is it a one time fee and then how again, did they just sign up and they can start immediately, right?

Yep, great question. So we have six different packages varying from $4.99 to $1,099. Okay. With payment programs, they can have immediate access. Even if they choose a payment program, they have access to everything immediately, whatever package that they choose. 90-day money back guarantee. So what that means is we're going to give you three months. Go through all three courses.

Okay.

Teresa Walsh (45:22.766): Look at the marketing tools if you're purchasing those as well. If you do not feel these are going to help you go out and just have the confidence, the knowledge, have that value, give us a call. We'll give you a full refund.

We don't know anyone else in our business that does anything like that.

And no annual fees for the designations by the way either because I know that's probably in the back of their mind. Zero. never.

And I love that about you guys because there's, I'm to say it again, there's no annual fee to have this designation like every other designation. But think about it. This is a huge ROI for what I consider to be really a very affordable price tag. would think of agents are always spending money on shiny objects of things they think are going to bring in leads. And this is going to change your life. This is a

program that will enhance your skills, enhance your value. And I love the fact of going out and getting and seeking opportunities with builders and being a better agent for buyers. Please stop dropping them off at the.

Teresa Walsh (46:31.017): I gotcha.

Please, because we can't take it anymore. It's just so horrible. I, personal experience, I gave a referral to some and they, the buyer still says they did absolutely nothing. should have gotten not paid one dime. They're very infuriated. can't even tell you. And I referred them and it's like, you know, and the agent did not do one thing. And her excuse to me was that the sales rep said, I don't have to do anything.

There's nothing for me to do. And I said, what did you just get paid? $17,000 for I'm just curious. So let's remember people are trusting us to help them navigate this. It doesn't have to be, it's a buyer's contract. No, you add value in every stage of new construction. am delighted. I get to have the two of you. I'm literally going to see you in a couple of weeks too. This is great. I'm gonna, it's a hug you. And I really want to.

Thank you for spending the time today with me and bringing such amazing value to my show and to my listeners and to our audience that are gonna now know who you are and continue. And I'm sure many do because again, you've been doing this at a very high, almost I would say exclusive level for 30 years. And it's no wonder you've been honored and been given awards for years and years and years and you're need to do that. And I'm just excited I get to partner with you.

By the way, Jerry Johnson, coaching clients, we will be having some sneak previews of their content available, but I know we're working on some things to be able to help you know about what you get. right now, my advice is go to new, sellnewhomes.com, sellnewhomes.com, check it out, sign up, and let us know if you have questions, and they can follow you on social media as well. We'll put that in the.

Sherri Johnson (48:27.510): in the podcast episode and please connect with Teresa and Dennis while you're in Newport Beach. Give them a call. They're the greatest people you really are. You're amazing. And by the way, your son's amazing too. he's going to be more of a direct mini me of Dennis. Am I right? Like, my gosh, everything, the voice, everything. It's really amazing. And you guys are, you have an

Take care.

don't think that is a copy.

family and you're so so close and I really admire that and I'm really excited that we get to do this today. Everyone, Faritha and Dennis Walsh, thank you again. I'm so excited we to our first episodes with these fabulous people. Go to sellnewhomes.com. I'm gonna go check it out. Guys, I'll see you next time on our podcast. I'm Sherri Johnson. You rock. I'll see you soon. Take care, everybody. Thank you. my gosh.

Wow, that was fire.

Sherri Johnson (49:27.906): So good at this. You two are like a... If so, it's like, it's remarkable.


Or, listen on Apple Podcasts, Spotify, and YouTube

About the Episode:

What if you’re leaving thousands on the table by ignoring new construction and remodeling? In the inaugural episode of The Sherri Johnson Show, I’m joined by industry icons and longtime friends Dennis & Teresa Walsh, creators of the Certified New Home Specialist™, RCC™, and RRS™ designations. We break down how to tap into the 60% of buyers who want to explore new homes, how to answer the age-old seller question “Should I renovate or sell?”, and why most agents are invisible to their market. Whether you're new or a top producer, this episode will change how you grow your pipeline and position your value. Let’s get you selling more, starting now.

Topics:

  • Why 60% of buyers are looking at new construction and how to serve them better as buyer’s agents
  • The three designations every agent should know: CNHS, RCC, and RRS
  • How to use remodeling value analysis (RVA) to answer the #1 seller question: “Should I renovate or sell?”
  • The truth about working with home builders and home buyers—and how to get in the door
  • Simple ways to position yourself as a new home expert (even if you’ve never sold one!)

Episode Resources:

About Dennis and Teresa:

Dennis and Teresa Walsh are nationally recognized experts in new home sales, residential construction, and real estate education. With over 30 years of experience, they’ve trained more than 200,000 professionals through their award-winning designation courses—Certified New Home Specialist™, Residential Construction Certified™, and Residential Remodeling Specialist™. They’ve worked with top brokerages and builders across the country, helping agents tap into the massive opportunity in new construction and remodeling. Their mission? To turn passive agents into proactive creators by equipping them with the tools, language, and confidence to serve today’s buyers and sellers at the highest level.

Connect with Dennis and Teresa:

Posted by Sherri Johnson Administrator on

Tags

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.