May 15

3 Reasons Real Estate Agents Fail

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Written By: John Hurlbut
May 15, 2023

john hurlbut

Recognize These Mistakes BEFORE You Make Them To Set Yourself Up For Success

Lack of organization and planning.

Real estate can be a fast-paced and demanding industry, which means you need to be organized and have a plan in place to manage your time effectively. Without these essential skills, you'll likely find yourself overwhelmed and struggling to keep up with the demands of the job. But fear not! With a little bit of planning and organization, you can set yourself up for success and ensure that you're always on top of your game. One pro tip I use is keeping EVERYTHING on ONE calendar and I color code my appointments to separate Personal From Business. Many agents will try to maintain two calendars, one for business and one for personal. I’ve just found for me keeping everything on one calendar allows me to not have overlapping business and personal appointments. 

Failure to build and maintain relationships.

Real estate is a people-oriented business, which means that your success is directly tied to your ability to build and maintain relationships. This includes both with your clients and with other professionals in the industry. If you fail to establish these relationships or let them fall by the wayside, you'll find yourself struggling to close deals and build a successful business. But don't worry! With a little bit of effort and a focus on building genuine connections, you can set yourself apart and build a thriving real estate business. Remember too that this is a cooperative and competitive business. The agent you lose a listing to, may be the next agent to write an offer on one of your listings. It’s never a good idea to bad mouth another professional regardless of how poorly they handle their business. If you’re in this industry long enough, you’re SURE to work together at some point. 

Lack of persistence and resilience.

Real estate can be a challenging industry, and it's not uncommon for agents to face rejection and setbacks along the way. But the most successful agents are those who are persistent and resilient in the face of adversity. If you give up too easily or let setbacks discourage you, you'll likely find yourself struggling to make it in the industry. But with a little bit of grit and determination, you can overcome any obstacle and achieve your goals. We often use the phrase “fail forward”. In other words, you’re going to do dumb things. Just learn from them and use them to get better next time. Remember it’s not about how many times you get knocked down, it's how many times you get back up.

Conclusion 

By recognizing these challenges and working to overcome them, you can build a successful and thriving real estate business. If you’d like a free one on one coaching conversation with me, just head on over to the blog at altitude homes group dot com and fill out the form there and we can set up some time to discuss your career and your goals! Thanks for watching, and we'll catch you at the next one!


Tags

Agent, Broker, Career, Real Estate Agent


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