Special offer

Are you loosing momentum or are you gaining speed?

By
Real Estate Agent with Keller Williams Realty Chesterfield

Are you loosing momentum or are you gaining speed?

"IF YOU'RE COASTING, YOU'RE EITHER LOOSING MOMENTUM OR ELSE YOU'RE HEADED DOWNHILL."  ~Joan Welsh~

We are now just days away from the start of the New Year.  So how did the year go for you?  Did it end just the way you planned at the start of the year or did you fall short?  Did you continue to gain momentum in a market that seems to change week to week, or sometimes even day to day?  Are you being "reactive" to the market or "proactive" in continuing to pursue ways to increase your business, regardless of current market conditions?

Don't Plan To FailIf you haven't already taken the time to do your goal planning now is the time to do just that.  I have been known to procrastinate from time to time and then I find that I have put something off too long.  Then I have to race to meet an important deadline.  Have you ever forgotten to turn in a closing package to the title company?  I would venture a guess that you haven't.  Why?  Because it is important, it involves a paycheck when the closing takes place.  It is important to you!!!

Goal setting is important to you too.  There is another saying often heard in this business, "If you FAIL to plan, you PLAN to FAIL".  To me planning is an important part of this business; it is a road map to success.

With the market being the way it is now it is good to know where you are at all times.  When we go on a trip we know what roads to take or have a GPS telling us where to go and how to get there.  Sorta like a business plan/goal.  So here is a little something that I use to keep me on track:

1ST QUARTER CHECK-UP

IS YOUR BUSINESS WHERE YOU WANT IT TO BE???

CURRENT LEVEL OF BUSINESS-CLOSED AS OF 3/31/11 - $_______________________________

NUMBER OF CLOSED DEALS - ______________________

                LISTING SIDES - ______________________________

                BUYER SIDES - _______________________________

AVERAGE SALES PRICE - $____________________________

AVERAGE COMMISSION - $_____________________________

WHERE DID YOUR CLOSED BUSINESS COME FROM: (PREVIOUS CLIENTS, COI, OPEN HOUSES, PHONES, REFERRAL, RELO, ETC.) - TALLY ALL RESULTS

  •     
  •     
  •     
  •     
  •    

BUSINESS ON THE BOOKS AS OF 3/31/11 - $__________________________________

     LIST ALL BUSINESS ON THE BOOKS:

  •  
  •      
  •      
  •      
  •      

BUSINESS IN THE PIPELINE - $_________________________________________________

     LIST ALL BUSINESS IN THE PIPELINE:

  •      
  •      
  •      
  •      
  •      

GOAL TO REACH BY END OF 2011 - VOLUME GOAL $________________________________

NUMBER OF TRANSACTIONS GOAL - ______________________________________________

INCOME GOAL FOR 2011 - $_____________________________________________________

It is like fill in the blanks and make adjustments as needed to keep you on track to meet your goals.  If you would like to use it do so and have fun with it.  Remember this is a quarterly form, you can make it a monthly form if you would like.

Have a successful 2011.

Posted by

     Linkin with Don Rogers     Follow Don Rogers

 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Don Rogers is a licensed REALTOR® in Missouri.  I specialize in St. Charles County Missouri and have called O Fallon MO my home since 1993.  If you are looking to buy or sell or you are relocating to the area and would like information about the St Charles County MO area do not hesitate to give me a call at 314-954-6775 or if you would prefer to send me an email.

 

Comments(8)

Bob Jakowinicz
National Realty Centers Livonia--Bob Jakowinicz - Livonia, MI
Michigan Real Estate Agent-- MI Real Adventures

Nice post.  A quick and easy way to evaluate where we are at this time and make necessary adjustments.

Dec 26, 2010 02:40 AM
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Don, this is nice.  This is a well organized post for agents...plan now for your success in 2011.

Dec 26, 2010 02:57 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Bob and Barbara,

Thank you for stopping by and commenting this morning.  I try to keep things simple and to the point.  I hope this will help you.

I hope that you had a Merry Christmas and will have a very Happy, Healthy and PROSPEROUS New Year.

Dec 26, 2010 03:03 AM
Sylvie Stuart
Realty One Group Mountain Desert 928-600-2765 - Flagstaff, AZ
Home Buying, Home Selling and Investment - Flagsta

Good timing, too! I just went through this and am excited about 2011 now that I have a business plan! Thank you for posting!

Dec 26, 2010 03:14 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Thank you Sylvie for stopping in.  I find that the journey is much easier when I have a road map too.

Dec 26, 2010 04:09 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Don, a plan to check on yearly goals is a must if one is going to acheive them

Dec 26, 2010 11:32 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

William,

You are so right my friend, we do need a way of knowing that we are still aimed in the right direction.

Dec 26, 2010 12:45 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Hi Don my plan for 2011 is to have another good year. I hope you have a great one too!

Dec 27, 2010 12:38 AM