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All Forum Posts by: Neil Hauger

Neil Hauger has started 3 posts and replied 8 times.

Post: 6.5 years as a Land Specialist Real Estate Agent-Lessons learned

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

6 years ago I made a similar post and it seemed to resonate with many people as a few even sought me out and told me how the post had touched them.  So, I thought I would do a follow up and do a "deep dive" into my experience to date.  I am in year 6 of my journey working for the number one Land Broker in the nation.  I don't' think I can self promote here without getting "the dreaded email" Lol so I won't say the name of my company.  But if you like land we are not hard to find.  I have learned a few things along the way and had some decent success.  I work in the Land business so it is not exactly the same as residential sales but there are some similarities in the process.  So, I am not comparing my success to your potential success but rather, I am simply opening up on the process and journey I have gone through.  I hope you find this update helpful if not entertaining!  


As you may recall, in 2015 my career was abruptly ended.  I was a Director of Sales with a 25 year career in medical devices.  One day I showed up at work and was told the company was sold.  And that was it.  I was done.  I took 8 months to enjoy my freedom but knew I had to find something to do.  I was 51 and unemployed. For more than a few years I had followed this great Land Broker Company on TV and on YouTube as they had a show there.  They sold Hunting land, Farm land, Timber and Mineral properties.  The lifestyle and business spoke to me in way it is hard to explain.  I think the hand of God lead me to this company.  If you want to learn more, see if you can find my last post where I wrote about this transition.  This post is about my lessons and success 6 years into this journey.  All of it.  So, if you are thinking that you want to do what I did then read on.  This is my true story.  And, if you want to talk,  reach out to me.  You can find me at the company website under the Agents tab.  I am located in Western Wi, just look for my name (Neil A. Hauger).

So, lessons I learned.  Well for one it takes money and drive to get started and be successful.  Being with a well known company does not hurt either but, it is not a guarantee of success.  Two guys before me in my territory had done ok but not great.  One even said to me "you can do ok, but you cannot make a living doing this in this area".  Maybe it was my stubbornness, or maybe it was my skill.  Or maybe a combination of both.  But when he said that I thought to myself, well we shall see!  So I went to work building my business.  

Step 1- Take an inventory of all your assets.  

The first thing I did was write down all the tools I had at my disposal.  Literally, I wrote a list.  Our company has been very active on the internet since its inception in around 2007 with a TV show on the Sportsman's Channel that aired nationally each week in the fall.  They also had many short films that would get posted on YouTube, Instagram, Facebook etc.  They have a YouTube show called "Land Beat".  I saw that content as a great way to make a splash in the market and really plant my flag locally.  All this content that was available to me and started to put it to use on many social media sites.  I just cut and pasted.  More on that later.  I also inventoried the "tools of the trade" and what I needed in order to do the job.  Every job has required tools.  Be it a carpenter and a hammer or a loan officer and a calculator.  Every job requires certain tools.  For my job I found I needed the following.  An ATV (later a UTV as riding "nut to butt" is not cool!), truck to load it (later I bought a trailer), good camera (iphone can work too), Drone (nothing shoots land better than aerial pics and vids), marketing budget, rubber boots ( good for swamps and cold weather snow), rain gear, bug proof clothing, Sawyers brand repellent, a good hat, marketing material, letter head, computer, printer, filing cabinet, RE license, certifications.  I'd say by the time I got all the above I was close to $100,000 into it.  Yep, I spent $100,000 that first year just getting set up. I invested heavily in myself so I could get off to a fast start.  Do you need all of this?  No.  But, I use all of this every day so I say it was a integral part of my success.  Tools of the trade:$100,000 initial investment.

Step 2 -Marketing

Marketing is so important and so under executed.  And in many ways, still a mystery to me.  I will never say I am the best but I do it often.  I make content every day.  My simple recommendation based on the Gary Keller book Million Dollar Real Estate Agent was to spend 10-12% of my gross annual sales commission on marketing.  I currently have about a $50,000/year marketing budget.  I plan my year as will explain shortly and then commit to spending that money.  Once I start a marketing tool such as lead generation card I add something more to it next year such as Facebook Boosting.  I don't back off on cards I add to the budget.  So, for example.  If I spend $7000 on cards sent monthly on year one.  I continue or even add to that in year two but also spend $1000 on Boosting.  Then I started adding bill boards and grab new ones as they come up.  I continue to "layer market" each and every year keeping the 10-12% total marketing budget as my goal.  So here are some specifics of my marketing plan  One of my best tools has been post cards.  I initially covered 13 counties.  I have exclusive right to them.  No other WTP agent markets or sells here.  I send one card to each county 3 times a year.  I buy mailer lists from a company and target all land owners 40 ac and above.  The cards are very high quality, great photography usually from a drone.  And have a simple message "We Sell Land."  I mail these consistently month after month, year after year. I never stop.  It takes 10 touches for someone to remember you.  I have had many times where I sat in the kitchen of a prospective client and they said I get regular cards from you.  I get others but I get a lot from you.  So, when they finally decided to list, they called me as I was front of mind.  More on that soon.  The lesson: Send post cards monthly, budget 10-12% of your gross commission annually and build on your marketing.  Layer, adding new marketing to the old.  

-Create a uniform to brand yourself.  If you can find me on my YouTube channel you will see I wear almost the same clothes every day.  A Khaki color button down fishing shirt, Sitka Gear pants and Keen hiking boots in summer and LaCrosse rubber boots in the winter.  I of course have multiple sets but I wear this in almost every situation when I am on video or on a property with a client.  I want to brand myself, exude professionalism and create a sense of "hey I know this guy" as they see me all the time on Social Media dressed this way.  I am very predictable and it creates a sense of comfort I think.  Your brand may be hey dudes, shorts, suit or mini!  Be you and be consistent but look professional.  

-Social Media.  This is by far the most under utilized tool.  I try to create content almost every day.  My iphone in my hand is likely the best tool I have to build my brand.  It takes nothing to do a "covert property tour" and post it up on Facebook.  Or better yet do a Facebook live.  I actually talked to Brandon once about how he does the podcast and considered starting one myself but never followed through on that.  But I did star a YouTube Channel. I have found that if you are going to do SM get a decent camera (I do all mine with iphone) and audio equipment. I bought a WirelessGo system and it works great. Sound quality is so key. When I have a lot of wind sound I cringe now!
I have posted every Friday at 5pm for over a year.  But, due to the volume I am working and a desire to have some work life balance I am now dropping a video every two weeks on Friday.  The key to social media is consistency.  My Facebook is a little more unproduced, spontaneous but the YouTube Channel I hired an editor.  Still, it is not meant to be short film quality production but I strive to be pretty professional at it.  My company puts out a lot of content I grab and re post a lot.  I look for content my followers may find interesting. I have a process called "entertainment, education, sales, sales.  Meaning.  I post something entertaining, educational then two properties (sales-sales).  That way I have balance and retain interest.   Lesson-Just start posting, do it regularly, smile and don't critique yourself to much.  I will be fine.

3.  Training and Education

Get trained and be the best in your craft.  It only starts with your license.  You have to be a lifelong student.  I have many certifications and I am working toward being a Certified Land specialist with the Realtors Land Institute.  Look it up.  It take quite a bit to get this prestigious designation.  I soak up anything related to land.  Land sales, weekly agriculture report texts, reviews on seeds/fertilizers/equipment YouTube videos, podcasts.  I even listen to BP and find things that I can relate back to for my own SM.  I strive to be a pseudo expert in anything land.  I don't try to over impress my farmer/land owners clients with discussions on Clethodim, Glysophate or tree species but I basically know what they are!  When people ask me about planting farmland, food plots or tree and plant species  I have developed an above average knowledge level.  I do my best to walk the walk, talk the talk.  My clients expect that I am the best in the business so I do my best to not let them down.  The lesson here is be THE expert in your niche and be a life long student

4.  Effort

If you are in sales ask yourself this question.  How many times did I put myself in a situation to sell something today?  If you just started RE sales you are at least 60 to 90 days from your first paycheck or your next one. That can be really daunting.  You have to work every day.  All day if needed  24/7/365.  For the past 6.5 years I work from the moment I wake up to the moment I go to bed.  I make my self 100% available.  I earned tens of thousands simply by outworking people as I am never the smartest guy in the room.  I find it true that the harder I work the luckier I get.  When I started this career I left the house at 0630 and did not come home until 2200 many many nights.  Weekends, holidays, in church, out to dinner, vacations... I worked.  When winter came most agents said it is to cold to go out.  I have worked when snow was up to my thighs and it was -15!  I dress for the weather, and it does not stop me.  I drive about 60,0000 miles a year and have wore out two trucks so far.  I just went over 200,000 miles on my 2016 Silverado.  I drive less now but still, I put on a lot of miles.  No distance, swamp, heat, mosquitos, ticks, briars would stop me.  Nothing.  I'm hardened, motivated and passionate about Land sales.  Lesson-  When you think you have given it your all, you have not.  There is always more to give.  

5.  Be memorable

Since I send the WE SELL LAND cards monthly I soon became very niched but I prefer that.  Why would I want to limit myself you ask?  Why not make any type of RE available as my target vs a small niche?  I will explain it like this.  Michael Jordan was the best dunker in the game.  Ask 10 people and his name will come up eventually.  Although, there are thousands of NBA players you remember Michael as he was the best.  He did one thing really well.  Dunk the ball with gusto flying from the free throw line.  You know the picture I am describing?  See how that picture stuck in your mind?  You can see an outline of him on a shirt and you know who he is.  I aim to be the best in a small niche.  Land became MY niche in my area.  I now own it in my area.  I am not everything to everybody.  I am everything to a few-land owners 40 ac and above.  Look at any industry and those that are very good at a very narrow focus are always paid the best.  Cardiac Surgeon vs a General Surgeon.  Corporate Trial Lawyer vs a general attorney.  Ferrari salesman vs a used car salesman. Or a F18 pilot vs a cargo plane pilot.  You get the point.  Be the best in a small niche and you will get paid way better than most.  My goal is to stand out from the thousands of RE agents in my area.  There are many RE agents to choose from, there is only one Land Specialist to choose from.  Soon, people started to call me the Land Man and eventually the Wisconsin Land Man which I now use on my social media hashtag on Instagram.  It was a nickname that stuck.  It is simple, memorable and fits.  Lesson- be memorable. 

6.  My results:  

Ok if you have stuck with me here goes.  I am going to give you some insight to my financial success.  I am not doing this to brag, I am doing this to give you motivation that if I can do it so can you.  I know I have earned more than some but not as much as many.  This info is a lifeline I am dropping down to anyone who wonders if they can do this.  Yes you can.  These are my approximate net earnings (its not exact as I do not remember.  I am always looking forward not behind but still dollars are our measurement as sales people.  It is all anyone will remember in the end).  Year 1-with 8 months time Net $80K,  Year 2-Net $120,000,  Year 3-Net apx $180K,  Year 4- $220K  Year 5 $280 as I recall, Year 6-  I think I will do over $300K.  Those are my numbers.  Again, I am not trying to brag.  I am putting myself out there so you can see it can happen.

Well that is it.  My 6 years as a Land Specialist and a follow up to my first post 5 years ago.  I have had a few of you search me out and call me personally.  I love talking to you.  Thanks for following me on SM and subscribing to my YT vlog.  Go chase your dreams, do what you love, follow your heart and your passion will make you successful no matter what you earn.  I will leave you with this pearl as a guy named Gary told me this in my first month, in my new Pharma sales job in 1997.  Gary was retiring soon.  I remember him as a old school "detail man" who smoked, had worn out suits but so much wisdom.  Gary looked at me through dirty glasses, took a long drag from his cigarette, blew it in my face and said "Kid, here is the secret to success in this business-hell in life!   Go do one good thing every day and sell something to someone.  Even if all you sell is yourself."  I always remembered that day and I went and tried to live it.  I hope it helps you.  Good Selling.  

Post: Eviction dismissed with prejudice

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

@Latonya Hinton. Law or no law. Prejudice or no prejudice don’t you think the right thing to do is pay your rent? All of it! Back rent, current rent and future rent in time and as agreed to? After all, you agreed to do this on your lease. You signed it in good faith. The landlord provides suitable housing to which you gladly agreed to occupy in exchange for paying rent. I mean it’s pretty cut and dried to me! Why would you think a landlord would give you or owes you a clean fresh start?? This is a business for him/her. They provide a aero e in the form of housing. They have bills related to that property. That costs then money.

Im reading your posts and thinking -if this lady put as much energy into figuring out how to pay her rent as she is spending justifying how she should get out of paying her rent, this situation could be totally different.

Pay your rent Lotanya. All of it. That is just the right thing to do and you know it.

Post: ALE Solutions

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

 I’ve had good luck with them. The checks show up without fail. The renters have been great and I’ve had zero issues so far. So based on this hindsight experience I would say I could highly recommend them. I can’t attest to future ventures but I can tell you that my experience with them has been outstanding so far. They did exactly what they said they would do. I think individual agents that represent the company may differ.  The agent I dealt with was very aggressive but in the end it worked out very well and I did negotiate up on the rent pretty substantially. They also paid for furniture for the entire place for the displaced family. 

Neil

Post: ALE Solutions

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

@Marc Seelinger

I saw your post as I was researching ALE solutions. It’s pretty old post but I thought I would comment. I’m going through the system with them right now and so far they seem to be easy to work with. They are paying me a premium of $500 a month above my normal rental payment. The only issue I would warn against is that the agent I’m dealing with is very aggressive and kind of gets the process ahead of itself before we have full commitment. They send you a letter of commitment that states that ALE services basically has first right of refusal on my month-to-month rate.

This letter of commitment also states that the letter of commitment trumps my lease if there are any discrepancies between the letter of commitment out of my lease. I called the manager and I think we’ve got it all worked out so my lease remains in first position.

Post: Flipping a Farm-Can you help me look at a deal?

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

Hey all!  Relatively new user of the site although I am a frequent listener to the podcast.  My question revolves around flipping farms.  I sell farm and recreational land in West Central Wisconsin and I have one for sale I am considering purchasing.  My company is Whitetail Properties.  Not sure if it is proper etiquette to provide to much more info on my business but if anyone wants to know more, contact me.  

Flipping farm land is an interest.  Usually there is a house but not always.  In the case I have in mind there is a house, barns (in need of repair or dem), and 30 ac of farm land.  The owner very motivated to sell as there is a lot of delayed maintenance on the place.  But, for what I think I can buy the home for, I could also sell the land and get it all back-or close.  I am pretty confident in price of land and I also know what renting land brings.  There are multiple ways to make money on this flip.  Rent the house-$600/mo, rent the pole barn for storage-perhaps 10 boats at $300 for the season, rent  the land-$2250 for a year, put up a billboard as the property is next to a county highway with good traffic.  The house needs a well, 7 windows, some drywall work to finish mudding and taping on the main level and to cover plaster and Lathe upstairs.  Wood floors need sanding and finishing.  Kitchen needs flooring, trim work and appliances.  

Outside the house needs some cosmetic repair. A little siding replaced, some fascia  replaced, Deck boards missing.  Easy stuff really.  The buildings are loaded with crap, machines, garbage.  Probably need to be knocked over and hauled away.  Lots of crap!  Every farm has it.  Needs a new well-$8500 is the estimate.  Electric is a breaker box but not to code, furnace working but for how long.  Needs a new water heater soon, installed in 1998, roof is 10 years old, updated PVC plumbing and a holding tank system.  Plumbing was winterized and appears good.  That is the situation on the major stuff.  

A similar home in the area lists at 130K on one acre.  No recent comparable sales so I figure 120K sale price.  I think this home, because it has a pole barn with 3-phase electric and is insulated, would list and or sell for $150,000 when all fixed up.  So, home for $150,000, land value if sold $75,000 =$225,000  

My unknowns are the fix up costs.  I figure $30,000 if I contract it all out.  And I have a contractor I know.  The clean up of barns, and other refuse is the big ??  Not sure what that will run me.  I am calling a "junker" to come look at it. Maybe some value in the old  barn wood, and scrap metal??  

My plan would be to buy the home.  Told owner I am in for $50,000 cash but I think she would really want/take $70,000.  (I have it listed at $90,000- House and 39ac)  My plan:  I budget the fix up at $30,000.  Clean up not sure- $3000-$5000 to tear down barns and take all crap away.  Any opinions or experience here?  Then Rent for $600 on conservative side. Not much available in market but a local realtor told me $600-$700/mo.  Rent tillable land.  Perhaps even put up a bill board and rent the sign.  $1200/yr?.  Math looks like this.  

Purchase: $50,000  -$70,000

Rehab and clean up $35,000

- I am into it for $105,000  at this point.  Rent for home and land brings $9450/year plus a bonus rent for space in barn and perhaps a billboard.  Those are value adds later.  

I figure I am about a 1%er here yes? Thinking this is a BRRRR candidate property. Any input on what I am not considering here? I have spent hours looking at this property. Analysis paralysis!

Post: Introduction

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13
Welcome Jim. North western Wisconsin. My wife and I are in our late 40-50s. Never to late to start.

Post: Being interviewed for a 4.7M dollar listing. Help me prep!

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

Dawn,

Yes, saw the typo just after I hit submit.  Russel, the marketing plan is set, as they did list this with my broker, I am coming on as a co-listing agent.  It appears it is down to me and one other agent.  So, I think they want to see whom they feel most comfortable with and perhaps personality/experience.  I lose on experience with this other agent.  I win on personality.  

Search MLS now to update on local values, have read over the website and history of the property, search local maps and attractions. One major question I always as the a seller who has established a price is "how did you arrive at this price"?

Post: Being interviewed for a 4.7M dollar listing. Help me prep!

Neil HaugerPosted
  • Real Estate Agent
  • Saint Joseph, WI
  • Posts 8
  • Votes 13

I'm being interviewed for a 4.7Million dollar listing tomorrow and want to prep to impress. This is a large property of about 1557 acres.  Operational B and B, weddings in a barn, fishing, camping, biking, Hiking, multi use property.  Very cool place.  

So far I am putting together a pitch book with local market information and attractions, reading market demographic information (looking for something to print off and add to pitch book), reading the properties website.  I have also driven the area a bit although I live nearby so I know it fairly well.  

I am prepared to discuss my  broker and the marketing plan but that has already been put into motion so nothing new there to discuss really.  

I am not new to interviewing but this is a first in this industry for the most part.  Any advice on how to prep?  Thanks.