It's a new year!
Well, its almost a new year...New business plans in the works...new budgets being considered (shoestring, though they may be...). New attitude attributed to a new year.
All good things....
But, none of that will mean diddly if you continue down the same destructive path that a good portion of agents find themselves on currently.
It amazes me on a daily basis how many agents that I deal with actually set themselves up for failure by making simple, yet deadly, mistakes in their business. Some of these mistakes seem to be so simple to overcome. Yet, time and time again, they repeat the same thing expecting a different result. That is the definition of insanity.
So, in the hopes that I can in some small way help YOU avoid making these mistakes, I wanted to summarize an article I found in BrokerAgentPro that lists 5 of the things agents do that hinder their own efforts...and ways to avoid getting caught in these commission killing traps.
Getting ‘Busy Work' confused with actual ‘Work' - Many agents across the country suffer from not having a consistent game plan for their daily activities. There are several things that you should do daily. These include: Lead generation; Contacting prospects that are potential clients; Work and sort out the motivations of existing clients; Negotiate contracts on pending deals; Present findings to your clients. All 5 of those things MUST be done on a daily basis to maintain a consistent level of effort on all aspects of your business. If you are not getting any one of these done, you are attempting to build a business on a weak foundation and you will fail.
Not working a set schedule - Lack of motivation is the biggest cause of not working a set schedule. "I don't feel like it today." Guess what...no one *feels* like it. But, they do it. Successful agents work a set schedule every day whether they ‘feel like it' or not. That set schedule might be any time between 8am and 9pm, but its a schedule none the less. What do you do on days you don't feel like working? See #1 above.
"It's a numbers game" - Well, sort of. But, no, not really. Yes, you need to track your numbers. Yes, those numbers are important. But, in no way will those numbers lead you to making any money! This is a PEOPLE game! If you are not out helping people with or talking to people about real estate, you are doomed to fail. Focus on what you have to offer - your talents and abilities to assist people in buying or selling a house.
Lacking multiple lead streams - That's right. If you do not have multiple streams of leads, you will fail. If your only source of leads is making cold calls, asking for referrals from clients, calling expired listings, etc...You are limiting your ability to get new clients. If you take a day off, you don't make ANY progress. None. What if you lose your phone for a day? What if you lose your voice for a day? No progress. So, having several good lead generation sources is a must in order to keep bringing in new potential clients. Just remember, not every lead will close. But, every lead needs worked. That's what you do!
"Its all about the Benjamins, baby!" - This philosophy will ultimately be your demise in real estate. You should never put earning a commission above your ability to be of service to your client. If you are not out there to help your clients, you will fail. If you don't know how to help your clients, LEARN! The ‘rules' have changed. Make an effort to adapt to those changes and *help* your clients. The money will follow.
Looking to add to your client base? Contact Clint at 800-977-7058 and ask about how he can help you. Or, follow him on Twitter. Dont forget to fan us on Facebook!


Comedy aside, carpal tunnel syndrome sucks. It causes pain and numbness, loss of grip, even loss of muscle mass in your hands. And, if left untreated, it can cause permanent damage including loss of feeling, loss of muscle mass or specific movement, even complete breakdowns in moder skill. (How important is typing to you???) From one lucky recipent to another, if this is you, get it checked out.
Believe it or not, the human nose can detect and clarify about 10,000 smells. That's right....10,000! We know that the power of smell is one of the strongest senses we, as humans, posess. And recent studies have shown that scent is the strongest of our 5 senses that is tied directly to memory.
If you are showing a contemporary condo or loft in a hip, upscale urban setting where young singles and urbanistas are buying, you would want your clients to be highly attentive and excited. Putting out scents of rosemary, peppermint or grapefruit will help them make decisions more quickly as these scents improve alertness and stimulation.
We've all experienced delays on closings for one reason or another and they're never fun. But when they happen at the last minute it can cause a lot of stress for all parties involved in the transaction. Well that scenario happened to us this morning.





You can barely toss a random trade magazine or scan through a blog post without there being some reference to fact that real estate agents should be embracing social media. Whether that be blogging to help market themselves or having a business page on Facebook...just about everyone everywhere is agreeing that this should happen on as many levels as can be handled.
Here's the real deal -- If you suck at follow-up communication with the clients that you already have, getting more clients isn't going to make it any better for you. AND, if you cant follow up on the people you are working with right now because you feel the need to increase the size of your mafia or play Texas Hold'Em with your college buddies on Facebook, all you are doing is turning another good client into a real esate agent hater. Now that person is going to tell everyone they know what a schmuck you are and to never use you (probably naming your company or brand in the process).
Whether you know it or not, you are using one of these to your advantage to get someone to buy from you. Chances are, you are using more than one of them at any given time with any one of your potential or current clients.


IMAGE: You chose a career in real estate to be an independent business person. So, do you carry yourself in a professional manner? Do you "look the part"? Do you have your business cards on you? Are you showing that you are proud of whom you work for or what you do? Whether you want to believe it or not, your image IS your first impression. Make sure that the impression you are making is the on that you actually want to make. There are some places where you can get away with blue jeans and a nice shirt. There are other places where a suit is more appropriate. Dress the part! Maintain your personal image. Get your hair cut or styled. Ladies...get your nails done. Guys...shave every day. (Believe me, I realize that sucks ...I'm a guy...I understand. But, its 2 or 3 minutes...and it makes a ton of difference to those around you.) I actually know of one agent that wears a tuxedo to all of his closings. That is part of his image. It is what sets him apart from the rest. (His name is
YOU: Seems weird that I have to add this since this entire post is about you. But, if you are not taking good care of yourself, you will not have the energy or the will to commit to the rest of this list. Take care of your own body and mind. Get sleep. It is probably more important than anything else you can do for yourself. Make sure you get some exercise. (In this industry with showing property and running from one location to another, that usually isn't hard...but you should do 30 minutes of cardio every day.) Eat right. (Did you know that eating an apple will actually wake you up better than a cup of coffee??) Bring fresh fruits with you on your appointments and eat them when you can. Avoid the drive-thrus. If you don't know where else to start in your investments in you...look in the mirror and start there.
Suchita Kahlon was skeptical. Very skeptical!!
