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Do You Worry About the Competition? I Don't!

By
Real Estate Agent with Long & Foster 0225078705

Why worry about your competition?  I don't.  Real estate in good times is known to have an 80% turnover every two years.  Most agents leave the business because they never develop a strategy to create more leads for themselves.  Even if they do they do not know how to work real estate leads, and convert them to sales.  I have agent all the time that turn down the leads I give them, and I have others agents that make in excess of 250K a year from the same leads.  Go figure.  The days of corporate relocations and slam dunk buyers are gone.

To all the uninformed in our business...our success is not judge by the number of fans you develop on Facebook, the points you've accumulated on ActiveRain, how many featured posts you have, and who is following your Blog.  The simple truth is that success in real estate is measured by the sales you closed and more importantly the money you walk away with.  Success is a discipline that separates the herd into three groups:

  1. Achievers - Profitable agents that succeed in making a good living from real estate.
  2. Dreamers - they see the potential of real estate and boast of success they do not have.
  3. Wannabees - They achieve nothing, have all the books, courses, and can not close a deal if their life depended on it.!
Posted by

James Crawford Broker Associate

Long & Foster Fredericksburg Virginia

678-595-5286 Direct

 

Fredericksburg VA Real Estate Agents, Spotsylvania County Homes for Sale, Spotsylvania County VA Homes, Stafford County VA Homes, and City of Fredericksburg VA – Luxury Homes, Lots, Land, and New Home Construction. Buying or Selling Call Me!  

 

Long and Foster Fredericksburg VA

Jen Olson
First Weber Group Realtors - Marshfield, WI

Jim-  I think it's important to pay attention to the competition, but I don't obsess about it.  Healthy competition is an important way to drive yourself to the next level.

Mar 27, 2010 12:04 PM
Patrick Harfst
Realty Executives - Phoenix AZ - Gilbert, AZ

Amen, Brother Jim! Very salient points about keeping our priorities in the correct order... Thanks!

Mar 27, 2010 12:47 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Who has time to worry about points when we are so busy taking care of buyers and sellers.  We are having a great year.

Mar 27, 2010 01:31 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Jen Olson (First Weber Group Realtors)  Years ago, I met an agent that had a full team of support.  He had a closer, a marketing person, 2 buyers agents, and a listing coordinator.  He had been a big sales executive that had been let go with a huge severance package.  I felt inferior to him because he seemed to really have his act together.  Two years later he left he real estate business and never did more than just a few sales.

If you tried to explain anything, the person would kind of wave you off that he was a former big executive etc...  His experience did not do him any good, and he was not a good listener.

Mar 27, 2010 03:55 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Patrick Harfst (Realty Executives - Gilbert AZ)  It really is all about first things first.

Mar 27, 2010 03:56 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
Mar 27, 2010 03:57 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Jim

You are right on here.  It's best to have the competition worry about YOU>

Mar 28, 2010 02:17 AM
Home Design
Alpharetta, GA
Home Design and Real Estate

Very true Jim, all the facebook friends in the world will not guarantee closing checks.  Same thing with AR points!

Mar 28, 2010 06:59 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Jim: So true:

I have agents all the time that turn down the leads I give them, and I have others agents that make in excess of 250K a year from the same leads.  Go figure!

Now featured on The Optimist Group.

Mar 30, 2010 01:34 AM
Pamela Cendejas
Second Self Virtual Assistance - Kingman, AZ
Second Self Virtual Assistance (928) 692-3235

Hi Jim - I'm a Real Estate Virtual Assistant and have seen comments on national VA forums about how the $3.00 an hour  REVAs from India are going to ruin their businesses.  As far as I'm concerned, they wring their hands and fret unnecessarily.  When we know our business, continually strive to grow and improve and provide services beyond our client's expectations - no worries.

Mar 30, 2010 04:03 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Mirela Monte, Your Myrtle Beach Real Estate Connection  Mirela thank you so much!

Pamela Cendejas, Second Self Virtual Assistance (928) 692-3235 (Second Self Virtual Assistance)  The only persons I would trust are right here to do the job right are right here in the USA!

Apr 04, 2010 03:51 PM
Pamela Cendejas
Second Self Virtual Assistance - Kingman, AZ
Second Self Virtual Assistance (928) 692-3235

Hi Jim - Using USA companies is only going to make us stronger.

Apr 05, 2010 03:29 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Jim: Pretty accurate assessment of the state of affairs in the RE industry. Actions trump ambitions and posturing any day. Lead follow up is crucial.

Apr 10, 2010 03:03 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Hi Jim, you mean to tell me that by just getting my license, it doesn't make me a millionaire. Shucks ;O)

Apr 19, 2010 03:49 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Matt Grohe Remax Des Moines (RE/MAX Real Estate Concepts)  Thanks, that is really what is all about. Performance not the promises made.

Apr 19, 2010 11:39 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA