RISMedia's Real Estate Magazine

OCT 2018

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1032371

Contents of this Issue


Page 117 of 134

RISMedia's REAL ESTATE October 2018 113 "G" Is for Gratitude. Long-term suc- cess requires the ability to be grateful. Gratitude is key to success, not only for the real estate business, but any business. Ideally, you're working with people you enjoy, and you be- lieve your work makes a difference in other people's lives. Remind yourself that what you do isn't just about money; you're help- ing people solve housing challenges. Be grateful for your skillset and your abilities. "R" Is for Responsiveness. The re- sponsive agent gets referrals and re- peat business. It isn't enough to just return the call, email or text. It's about respond- ing in a timely and relevant manner. Is this client anxious? Do they need a lot of hand holding? Generally speaking, prospective clients spend about three days de- ciding which agent to use. Strive to follow-up with every email, text and phone call within one hour. It's a dis- cipline, and while difficult, the more you do it, the more you'll set yourself apart in the marketplace. "E" Is for Enthusiastic. You're excit- ed about your opportunities and your solutions. Being excited about a transac- tion means that you enjoy working with these individuals, they're ready to buy and you have solutions to fit them exactly. If you're not excited, ask yourself whether you're the right person for that opportunity. Sometimes, my lack of enthusiasm is a sign that it belongs in somebody else's hands. Stay focused on helping people solve their problems in the very best way you know how. "A" Is for Awareness. Put people first and the transaction second. One of the hardest things about real estate is staying aware of all the different pieces—regulatory, financial and marketing. We forget that this business is about people and our ability to read them. Are they defen- sive? Are they indecisive? The ability to understand people and respond appropriately makes all the differ- ence. Without awareness, you might come to the end of the transaction only to find that you lost the people halfway through. Every time you meet with people, fully engage them. Be aware of where they are mentally and emotionally so that you can empathize and help make their dream a reality. "T" Is for Targeted. Focus on a spe- cific area of the marketplace. Many agents believe that any list- ing is better than no listing. But without a target, you'll deplete your energy so rapidly that you'll never be able to manage everything. Pick an area, a type of home or a type of client. Hand off other pros- pects to other agents. Be the agent who knows more about a specific neighborhood or a particular kind of client than anybody else. You cannot be a great agent without some type of targeting. Apply these principles to your busi- ness each and every day, and you'll be on your way to success. Most of all, focus on putting people first, as that will truly make you a G.R.E.A.T. agent. RE John Wendorff is chief encouragement officer with The Personal Marketing Company. For more information, visit www.tmpco.com. :KDW0DNHV a G.R.E.A.T. Agent? Commentary by John Wendorff O ver the last 40 years, I've worked with real estate agents to help them reap the rewards this industry can give. The letters G.R.E.A.T. perfectly illustrate my beliefs about what makes a successful agent.

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