Hey there, real estate agents! Today, we're diving into the entrepreneurial mindset of a rockstar...
Your Real Estate Business Matters: Why You Should Never Give Up!
There is so much riding on residential real estate in this country and I want you to know that what you do is vitally important to support the industry!
Yes, real estate sales and related spending accounts for almost 18% of our entire GDP. But there’s so much more behind that headline than the GDP.
Your real estate business matters because it’s important to you! You got your real estate license so you can support your dream of one day being successful enough that your business is firing on all cylinders and is supporting the lifestyle you always imagined for yourself and your family.
There’s too much at stake here. When you have a successful real estate business, you also become part of the community you live, play and work in. Guess what, they need you too! The Dentist you visit twice a year, the grocery store that employs some great people. The schools your kids go to, or the favorite organization that you support. Your business matters to them also!
The life of a real estate agent is anything but easy, especially as you start. Please know I don’t want you to be in that 85% of new agents who leave the industry within two years. Nor do I want you to be that agent that holds on year after year, struggling to meet their goals or even make a living.
Your real estate business matters! Learn all you can about growing your business. Learn the business skills that are needed to do so profitably. Only use debt when there is a measurable return on investment. Never compromise your values!
Systematize as much of your business as possible. If you don’t know where to start, start with what I call the BIG 3. 1. Lead generation and follow up. 2. Contract-to-close. 3. Cash Flow. You’ll thank me when you want to go on vacation!
If you need help, don’t be too proud to ask. A lot of people have walked down the path before you and can guide you along the way. Find a mentor or coach you can trust. Get connected on social media with other success minded people, both inside and outside the industry. But most importantly, don’t give up!
Your business matters and I know you’ve got this!