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September,
2008 - Issue 6 |
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I
recently interviewed 4 real estate agents
who are having a successful 2008, despite
the down market. The reason for the interviews
was to find out what was behind their
success and what advice they might have
for other agents. All of these agents
are closing 2-4 transactions per month
and expect to make $150,000 or more in
gross commissions this year. These agents
typically sell homes in the $400,000 -
$600,000 range. |
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here to view the entire article. |
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May,
2008 - Issue 4 |
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Q:
I know that I should ask for
referrals, but I don’t like doing
it. I feel like a used car salesman -
which makes me uncomfortable. Besides,
I have been in Real Estate for almost
5 years and I do get some referrals -
even when I don’t ask for them.
I know that I would get more referrals
if I did ask, but I just seem to be stuck.
What do you recommend? |
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Click
here to view the entire article, which
includes response. |
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January,
2008 - Issue 2 |
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Q:
I am a successful agent with
a team of three employees. There are 4
of us all together - myself, a buyer’s
agent, an administrator/transaction coordinator
and a marketing manager. I am having trouble
getting things done the way I want them,
and on time. How do I get my team on track? |
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here to view the entire article, which
includes response. |
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November
2007 - Issue 1 |
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Q:
My broker has suggested that
I start working my Sphere as a way of
helping me survive the slow market. Although
I know it is a good idea, I always find
other things to do instead of calling
the people in my Sphere. I seem to have
a block when it comes to this. What do
you suggest? |
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here to view the entire article, which
includes response. |
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October
2007 - Issue 4 |
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Q:
How do I talk about my Real Estate
business with my friends so they don’t
think I am just after their business AND so
I don’t jeopardize our friendship? |
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here to view the entire article, which includes
response. |
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August
2007 -Issue 3 |
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Q:
I have a full time job working in a
retail setting and do Real Estate on the side.
I want to eventually transition into full time
Real Estate. I have my license and have done
a few transactions. I need to keep working to
pay the bills, but want to make the leap to
full time Real Estate. What do you suggest? |
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here to view the entire article, which includes
response. |
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June
2007 -Issue 2 |
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Q:
I am a Buyer’s Agent for a successful
listing and selling agent. Our Sphere of Influence
is the same, so it is hard to differentiate
what I contribute sales wise. I typically
take clients to see homes, perhaps find them
the right home and hold all the Open Houses
which seem to seldom get me new clients of
mine/ours (The agent lists higher end homes).
When I was first starting out, 3 years ago,
I did other people’s lower priced listings
and did OK but could be better at the whole
Open House process as well. I want to contribute
to the business. My goal is to get new clients.
What can I do, what books can I read, or class
could I take that would help me? |
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here to view the entire article, which includes
response. |
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April
2007 - Issue 1 |
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Q:
I have been an agent for about two years and
I know I have the potential to create more
business. I think part of my challenge is
not having a daily schedule or routine. I
am not consistent in any of my daily activities.
As a result, my income is not what it should
be. What do you suggest? What do other agents
do? |
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Click
here to view the entire article, which includes
response. |
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Winter
2006 - Issue 4 |
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Q:
I
am a fairly new Realtor and am having great
difficulty in obtaining leads. My broker has
promised numerous times that leads should
come in any time now, but month after month
passes and I see no results. I
know so many people do great in Real Estate,
why am I having such a difficult time in moving
forward? I have tried many avenues to pursue
clients and get business, but to no avail.
Do you have any advice on how to jump-start
my career? |
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here to view the entire article, which includes
response. |
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Fall
2006 - Issue 3 |
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Q:
I have a difficult time staying
focused on my work. I am fine when working
face to face with a client, but when I get
back to my office, I am all over the place
- jumping from one task to the next. I get
work done, but it gets done slowly and inefficiently.
Any suggestions? |
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Click
here to view the entire article, which includes
response. |
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Summer
2006 - Issue 2 |
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Q:
I
am constantly stressed trying to manage my
checking account, finances and taxes. I don’t
update or reconcile my checkbook on a regular
basis. I really dislike doing all this money
management stuff. I am never quite sure how
much I money I have, how much money I have
made, or how much money I have spent or owe.
As long as I have a positive balance in the
bank, then I figure I am doing alright. What
do you suggest to deal with my stress about
my finances? |
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Click
here to view the entire article, which includes
response. |
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Spring
2006 - Issue 1 |
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Q:
My broker keeps telling me
I need to do a business plan for 2006. I hate
business planning and generally find it a
waste of time. I just want to go out and sell
more houses this year than I did last year.
What do you suggest since my Broker is expecting
a business plan? |
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Click
here to view the entire article, which includes
response. |
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Winter
2005 - Issue 4 |
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Q:
I have heard that when an agent changes offices
he/she can expect to lose up to three months
of wages. Do you have thoughts or research
that suggests what the cost is to change offices? |
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Click
here to view the entire article, which includes
response. |
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Fall
2005 - Issue 3 |
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Q:
Should my assistant(s) be licensed, not licensed?
How do you determine their salary and/or commissions?
If they should be licensed, do I pay for their
licensing and how do I keep them loyal to the
team after they become experienced agents
themselves? |
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Click
here to view the entire article, which includes
response. |
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Summer
2005 - Issue 2 |
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Q:
I
have been a realtor for quite some time and
I'm ready to take it to the next level but
find myself completely unorganized. Last
year I did about 15 transactions. My Goal
for this year is about 25, with the intent
to grow every year from there.
At this stage should I try to get organized
on my own or should I be looking for an assistant?
I want to build a strong team for the long
term so I can get myself more involved
with meeting people and developing personal
relationships that produce results.
Because I'm a bit of a control freak, I'm
thinking it would be best to find an
anchor office person to take charge so I can
stay completely out of his/her day to day.
But I am unsure on how to go about this.
Should my assistant(s) be licensed, not licensed?
How do you determine their salary and/or commissions?
If they should be licensed, do I pay for their
licensing and how do I keep them loyal to the
team after they become experienced agents
themselves? |
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Click
here to view the entire article, which includes
response. |
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Spring
2005 - Issue 1 |
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Q: I have been working since
March, 2004 in the Puget Sound area. Although
I have had a slow but steady sales rate up
to now, I really want what most other agents
want, new business. I have exhausted my friends
and family list and am looking for new contacts.
I have already sent out several rounds of
postcards, and of course the "just solds"
to the neighborhoods, with no response. I
really have never had to market myself before
and am frankly stumped. Any suggestions would
be greatly appreciated.
Q:
I have been selling real estate for
almost two years now, and I don’t do a good
job of organizing my contact information.
I have names on scraps of paper, yellow sticky
notes, and assorted word documents. I know
that I need to be using a database to keep
track of client information. But, I don’t
know which one to get or how to select one.
What do you suggest? |
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Click
here to view the entire article, which includes
responses. |
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Winter
2004 - Issue 4 |
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Q: I have been in real estate
for almost three years and have a Sphere of
Influence of nearly 200 names in my database.
For some reason, I am not getting many referrals
from my Sphere. I send them a monthly mailing,
but that doesn’t seem to be enough. I don’t
like the idea of calling people since it makes
me feel like a used car salesman. What do
you suggest?
Q:
I am taking a trip to Italy next month with
my wife. During past trips, I have contacted
my office several times a day to check on
business and ongoing transactions. I also
like to check my e-mails daily, which means
that I am always on the look out for a cyber-café.
My wife gets very annoyed that I do these
work-related activities while on vacation,
but I want to make sure my transactions don’t
fall apart. How can I keep my wife happy while
not losing my commissions?
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Click here to view the entire article,
which includes responses. |
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Fall
2004 - Issue 3 |
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Q: How can I better organize
and keep track of my marketing activities
so that I implement them more consistently?
Q:
I feel like I don’t have any time for myself
– I always seem to be doing work. What do
you suggest? |
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Click
here to view the entire article, which includes
responses. |
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