The Way with Dino Katsiametis podcast

The Starting Line — David Sidoni

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David Sidoni says it plain: "You're not buying a house. You are adopting a rent replacement strategy."


David is a realtor and the host of the How to Buy a Home podcast. He and Dino have known each other for years and have worked on many first-time buyer deals together. In this talk, David walks mortgage advisors through the Last Lease Ever. It is how you answer a renter's first call with a starting line instead of a stop sign.


You will hear the three thermometers: credit score, monthly debt and savings. You will hear how to check in every 30 days with one small action step, why a text beats a phone call, and why a first-time buyer is worth the work. Dino shares how he built his first consultation, and why he put the check-ins on the calendar before the call was over.


You will also hear The Round, with David's morning, the best money under $500, what he says no to now, his favorite book and his ethos. Then the Million Dollar Drop.


Comment UNICORN on any clip and we will send you the playbook.


Books mentioned: Gouged — Lindsay Owens https://link.amazon/B0ehwZ6dv · The Princess Bride — William Goldman https://link.amazon/B07x3UXFX


Follow David: Instagram https://www.instagram.com/davidsidoni/ · LinkedIn https://www.linkedin.com/in/davidsidoni/ · Facebook https://www.facebook.com/david.sidoni · X https://x.com/DavidSidoni


David was also on Season 1. His first talk with Dino is here: https://www.dinokatsiametis.com/podcast/episode-26/


Views expressed are the individual's own and do not represent their employer.


The Way with Dino Katsiametis https://DinoKatsiametis.com/podcast/s2e14-david-sidoni/


#WhoCanWeServeToday


00:00 Welcome


01:54 Two old friends, one microphone


02:59 Where it started: Money Matters


04:44 Why first-time buyers are ignored


05:48 The training the industry skips


06:34 Why a pre-approval is a red light


06:56 A plan for the buyer who is not ready


08:01 Debt, equity lines and the cycle


10:31 David's podcast and first-time buyers


11:37 Renters nobody taught


13:01 A rent replacement strategy


13:44 Buy where you can afford


14:48 Today's masterclass: the Last Lease Ever


15:52 Why renters Google before they call


16:38 The pre-approval red light


17:40 Stop sign or starting line


18:25 The 37th thing your advisor does


19:05 Three questions instead of an application


19:24 The three thermometers


20:53 Automate the 30-day touch


21:14 Be their advisor before they are ready


22:21 Credit, debt and savings


23:26 The old-school plan runs out of time


24:30 What to say in the 30-day check-in


25:57 Smaller goals get more replies


26:38 A job or a career


28:35 First-time buyers are not a waste of time


29:27 Tell them the sooner the better


29:51 The buyer who said she was not ready


30:33 Gen Z wants someone to walk them through it


31:42 The wedding photographer


32:16 What the data shows


32:38 Do not make them feel they are bothering you


33:44 Why Dino moved to first-time buyers


35:49 If they ask a lot of questions


36:31 The first consultation is a presentation


37:36 The total cost analysis


38:59 Find the payment that fits


40:07 The most appreciative client you will have


40:51 Ten-star service and referrals


41:57 Stand out with a third of the advice


43:40 Learn the craft from podcasts


44:23 Practice your consultation for a week


45:24 Throw them a housewarming party


46:09 Same income, different house


46:51 Three things you can fix every day


47:34 Find a unicorn realtor


48:36 Where "unicorn" came from


49:38 Would they trust you to negotiate a car?


50:22 Build a system around the check-in


51:48 Put 12 check-ins on the calendar


52:33 Build the thermometers with AI


53:38 Text beats the phone


55:00 A 12-month plan that just closed


56:03 Automate it, then write your own words


56:45 Dino's AI assistant, Linz


57:52 The thermometer page


58:50 It does not take much to stand out


59:34 The first-time buyer is underserved


1:00:18 A lack of information, not affordability


1:01:23 Become the source for the whole team


1:01:45 The theory of reciprocity


1:03:34 The Round begins: first move of the day


1:04:37 Roses, pruning and your business


1:07:46 Call or text?


1:08:46 Voice texts


1:10:09 Best money under $500


1:12:20 What David reads


1:13:21 What David says no to now


1:14:04 The do-over


1:16:13 What everybody is doing that is not working


1:18:02 The best question for a borrower


1:18:23 Favorite book


1:19:24 David's ethos


1:20:58 The Million Dollar Drop


1:24:17 Do unto others


1:26:20 Thank you, David


1:28:30 The free playbook


1:29:37 Do not be afraid of first-time buyers



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