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America Age > Blog > Real Estate > 6 unhealthy habits nice brokers keep away from (and what they do as a substitute)
Real Estate

6 unhealthy habits nice brokers keep away from (and what they do as a substitute)

Enspirers | Editorial Board
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6 unhealthy habits nice brokers keep away from (and what they do as a substitute)
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Contents
Attempting to do all the piecesBeing reactive as a substitute of proactiveBy no means alteringScrolling with out a goalStudying however not taking motionBeing blindly optimistic

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Success is commonly decided as a lot by the issues we keep away from as by the issues we do. The most effective brokers are consistently evaluating their companies and figuring out areas they need to refine. These are the six habits I see nice brokers avoiding — and what they do as a substitute.

Attempting to do all the pieces

Confucius as soon as famously stated, “The man who chases two rabbits catches neither.” That means a scarcity of focus hardly ever results in success. Most new brokers have a season in the beginning of their careers the place they do all the pieces. They deal with leases. They present homes or condos. They drive an hour exterior their important market to point out a house. However the nice brokers ultimately notice the riches actually are within the niches.

They perceive that referring enterprise to consultants in different areas or specialty kinds of enterprise is a greater use of their time and is finally higher for the prospect. Nice brokers discover an space of specialty and turn out to be the very best in that space. This can be a geographical farm or a selected sort of clientele.

The bottom line is that they notice that to be their finest, they need to specialize. This data leads them to keep away from the entice of attempting to do all the pieces.

Being reactive as a substitute of proactive

The typical agent begins their day with out a plan. They react to what occurs throughout the day as a substitute of being proactive. Their lack of a each day plan is a telltale signal of a enterprise that’s destined for failure.

The most effective brokers management their schedules and have particular duties written on their calendars in pen as a substitute of pencil. They time block for prospecting. They block time to name individuals of their sphere of affect. They take the guesswork out of their schedule, creating a plan of motion they belief will result in their success.

John Maxwell speaks of his rule of 5. This rule relies on an analogy he used about having a tree in his yard that he want to minimize down. He states one of the best ways to know that he’ll minimize the tree down is to choose up an ax and strike the tree 5 instances a day. He goes on to say that if he strikes that tree 5 instances every day, it isn’t a matter of if, however when the tree will fall.

He suggests our companies are the identical method. If we’ll merely discover 5 issues to do each day that we all know get us nearer to our desired objective, then we’ll attain that objective. I created my 5-4-3-2-1 each day plan of motion based mostly on his rule of 5. Each enterprise is totally different, however creating a each day plan of motion for your enterprise will result in extra success.

That is an instance of a 5-4-3-2-1 plan for an agent:

The most effective brokers have a each day plan of motion, and they’re proactive as a substitute of reactive.

By no means altering

Change will be exhausting, and by no means adjusting or altering something in your enterprise is a entice many brokers fall into. Many brokers simply preserve doing the identical issues they’ve all the time accomplished, even whether it is now not productive. They typically have a technique that has accomplished effectively for them up to now, and so they simply received’t let it go, hoping the outcomes it gave them up to now will return.

The most effective brokers are consistently evaluating whether or not the issues they’re doing are nonetheless producing or diminishing in worth. They modify to alter rapidly, and it positions them to reap the benefits of tendencies shifting ahead and permits them to keep away from getting caught up to now.

These brokers are those leaning into AI proper now. These are the brokers which might be capturing essentially the most video content material proper now. These are the brokers which might be diligently constructing their private model whereas others are nonetheless doing the issues that used to work.

How lengthy has it been because you modified one thing in your enterprise? Turn out to be proof against being stagnant. Discover methods to persistently reinvent your self and your enterprise.

Scrolling with out a goal

In response to a research accomplished by The College of Maine, the common particular person spends two hours and 24 minutes day-after-day on social media. Many brokers fall prey to mindlessly scrolling on social media for hours upon hours each single day. Sure, nearly everybody goes to spend time on social media, however the perfect brokers spend this time purposefully.

Nice brokers flip what’s damaging for many right into a optimistic for them and their enterprise. They perceive that social media is a software for his or her enterprise, however instruments are solely efficient if used correctly. Primarily based on this understanding, the perfect brokers make the most of their time on social media for 3 important functions.

The primary method they use it’s to attach with their sphere of affect and prospects. It’s referred to as social media as a result of it’s constructed to be a spot for social connection. Understanding this, the perfect brokers use their time on the platforms to touch upon prospects’ posts. They DM customized messages to individuals of their sphere of affect. They use it to attach with the individuals which might be necessary to their enterprise and to construct higher relationships.

Additionally they use it to analysis what’s working for brokers in different markets. The second phrase in social media is media. The media facet, or posting, is simply as necessary to profitable brokers because the social facet. They research the kinds of posts brokers in different markets are making. They establish what’s working for these brokers, and so they mannequin them on their pages. This results in extra engagement with their viewers and more practical outcomes.

Lastly, they use it to guage what content material their followers are responding to. They consider the posts they’ve made and the way their followers responded to them. They’re consistently refining the posts they make based mostly on their highest-performing content material. This results in higher posts, a extra engaged following, and deeper connections.

Studying however not taking motion

We don’t lack concepts. We lack brokers that execute on concepts. Most brokers attend coaching courses or watch movies on the right way to develop their enterprise, however only a few observe by and act on the data they acquire.

The most effective brokers are systematic about taking motion. They perceive they will’t do all the pieces, so that they select one to 2 concepts to implement of their companies each month. These may very well be programs to create efficiencies or a brand new lead era technique. The principle distinction between common brokers and nice brokers is of their execution.

Being blindly optimistic

Optimism is nice, however blind optimism normally ends badly. Blind optimism relies on hope and emotion and usually entails ready. Nice brokers might hope issues are going to get higher, however they don’t await them to get higher.

In the event that they see their gross sales of their enterprise down from the identical time final 12 months, they don’t hope issues get higher; they consider why their outcomes are totally different. They query whether or not their methods are nonetheless efficient and seek for methods to get again on monitor. As a substitute of ready for issues to get higher, they take large motion to show the tide of the outcomes they’re receiving.

Please be optimistic about the way forward for your enterprise, however base it on the actions you take and never blind optimism that issues will simply naturally enhance for you.

What are the habits or damaging patterns that you simply’ve fallen sufferer to? The excellent news is that you possibly can change. You’ll be able to recalibrate your enterprise for achievement. It’s possible you’ll not be capable of change the outcomes you’ve been getting, however you possibly can change the issues you might be doing in the present day, which can change the outcomes you obtain sooner or later. Make the modifications wanted and the perfect is really but to return.

Jimmy Burgess is an actual property agent and nationwide group builder with Actual Brokerage in northwest Florida, servicing the 30A, Destin, and Panama Metropolis Seashore markets. Join with him on Instagram and LinkedIn.

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