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$1M Warehouse Deals: The New Gold Rush w/Krista Yockey

Krista Yockey’s commercial real estate deals take two years to close compared to the 45 days she was used to in residential. She managed 278 agents at a Keller Williams office when COVID hit just two months into the role, then pivoted to industrial real estate during the warehouse construction boom. When her husband’s cancer diagnosis forced a perspective shift about what matters, she learned that being the richest person in the graveyard serves no purpose.

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Episode Description

The Sales Cycle Reality

The difference between residential and commercial real estate extends far beyond property types. While residential agents collect commission checks within 30-45 days, commercial deals stretch across months or years of relationship building, due diligence, and complex negotiations. Krista’s experience managing hundreds of agents during a global pandemic taught her that traditional business models don’t always apply when external forces reshape entire industries overnight.

Industrial Boom Meets Workforce Evolution

The warehouse construction explosion across America creates both opportunity and scarcity in unexpected ways. Large distribution centers dominate the landscape, but small businesses struggle to find flexible space under 50,000 square feet. Meanwhile, manufacturing jobs evolve as robotics require higher education levels even for entry-level positions, forcing employers to choose between expensive human labor and costly automation investments.

Negotiation Philosophy in Crisis

Personal trauma often reveals professional blind spots. Krista’s mentor demonstrated how success without boundaries leads to isolation despite financial achievement. The lesson that everything remains negotiable applies beyond real estate transactions to life choices about time, energy, and relationships. Cancer forced a recalibration of priorities that most people discover too late.

Timestamps

4:30
From Corporate to Real Estate
9:08
Why Deals Take 2 Years to Close
18:09
I Don’t Want to Be Richest in Graveyard
21:47
Industrial Warehouse Boom Explained
29:25
Everything Is Negotiable Philosophy

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