Monday, July 9, 2007

Secrets Of A Successful Real Estate Agent

Coaching For Real Estate Agents


Secrets Of A Successful Real Estate Agent

Do you consider yourself a highly successful Real Estate Agent? Why or why not?

Are you trading time for money? Are you going from deal to deal just surviving and spending hours looking for your next buyer or seller?

The big secret of successful agents is that they have stopped trading time for money the way most agents continue to do.

If you are burning the candle at both ends, working 7 days a week, evenings and weekends, missing out on your children’s lives, not being home for dinner and being too tired to wash your face before you drop in your bed for 4 hours of sleep each night than you do not have a business, you have a JOB!

As long as you work like that there is ceiling placed on your head and you can not break through that ceiling. There is a limit to how much money you can ever make.

You either work so many hours to make the money you want to make but have no life or you don’t work all those hours and therefore you have a life but no money! Many Real Estate agents kill themselves slowly by working 80+ hour work weeks for very little compensation. They barely make enough money to survive.

According to the NAR, 80% of new agents never make it through five years. Too many agents discover that they are putting in way to much time to justify their pay.

If you keep doing what you are doing you will keep getting what you are getting.

Albert Einstein said that the definition of insanity is doing the same thing over and over again and expecting a different result!

All top agents who are successful and own their own business instead of their business owning them have learned how to leverage their time by automating as much as is possible, taking advantage of technology and delegating tasks that can be delegated.

This is how I describe a successful career as a Real Estate Agent:

  • You are respected by your clients and they value what you bring to the table
  • You work a normal work week or less with plenty of time off to be with your kids, husband, wife, significant other and friends. You have time to pursue other interests.
  • You have a healthy stream of clients who are seeking you out without you having to do any cold calling.
  • You are set in your fee that you charge and your clients do not question your fee.

Stay tunes as we begin to explore this subject and in my next post I will tell you our story about how we reached that critical point in our Real Estate Business and what we did to turn it around.

E-mail me at Katerinag(at)bellsouth.net for coaching and consulting information for Real Estate Agents. I am a Realtor and a Business, Career, Health and Personal Coach, Real Estate Business Consultant, trainer and speaker. Yours In Real Estate, Katerina

Coaching For Real Estate Agents

5 comments:

vincent shawn said...

I guess the secret of becoming successful in life not only in becoming a real estate agent is having a right attitude.Right attitude...

best regards,
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Unknown said...

Practice makes perfect! To become successful in any field, one must be dedicated to the craft and love what he or she is doing. One must also learn the art of communication and being patient.

-Lance Valenzula

Unknown said...

I really loved reading your blog. It was very well authored and easy to understand. I also found your posts very interesting. In fact after reading, I had to go show it to my friend and he enjoyed it as well!.
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Unknown said...

To become a successful real estate agent, you need to offer the best, reliable and effective services to customers. Provide the best quality and requirements suitable real estate services can help to create a good image in the market and become a successful real estate agent.

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