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It's New Year's Resolution Time..... We Always Pay For Our Sins Don't We!!!

By
Services for Real Estate Pros with RE/MAX Executive Realty - Happily Retired 104763

New Year's resolutions will be approaching momentarily.  Some of us will resolve to change some of our personal and business habits that have led to not so great results.  More exercise and healthier eating are always on the list!! 

Do you have a New Year’s resolution for your business practice?  We’ve all had our fill, at this point, of reviewing and making adjustments to our game plan for 2012.  Have we thought about our bad habits, in reference to our business?

Come on folks, admit it!!!  We all have bad habits, even the most productive and seasoned agents have bad business habits.  I’ve always said that the best part of hiring a newly licensed agent is that they come with "NO BAD HABITS." 

One of my worst habits over the years was NOT CREATING A DATABASE OF CLIENTS.  There were years when I had so many new construction communities that it was just too much work to create a database of all of those people plus handle all of the transactions.  I didn’t have the time, and I was making enough money to not even have to think about it!! 

We are always punished for our sins, aren’t we!!!  My punishment is that I now market to the entire town to make sure I have everyone covered.  It’s a big financial hit every month, but I created this monster by not having a database of names for over 30 years. 

That was my bad habit, and I’m paying for it now.  I hope you have no significant bad habits that will result in severe punishment for you.  Avoid that by correcting those habits NOW while you can.  Make that a New Year’s Resolution that will result in a positive now and for the future.  My guess is that there are many who are guilty of not keeping up with this particular task!!!

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Barbara Todaro, Great Grandmother to Caleb, Santino, Aiden and Gianni       

Todaro Team - Retired

508-918-9148

               

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Comments(22)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Scott....I have a feeling that most agents, whether they focus on new homes or not, have not paid attention to creating a solid database of names and addresses of potential clients....Happy New Year, Scott...

Kathy.... sometimes that works against me, but we are who we are!!!! Happy New Year to you too, Kathy....

 

Dec 31, 2011 02:58 AM
Pam Miller
Realty Associates - Conroe, TX
Broker Associate - Water Crest on Lake Conroe

Barbara - Well...I might have a bad habit or two...or three.  I know the perfect way to run my business, but sometimes I get too caught up in day to day work that the needed work gets pushed to the side.

Dec 31, 2011 03:01 AM
Peggy Chirico
Prudential CT Realty - Manchester, CT
REALTOR® 860-748-8900, Hartford & Tolland County Real Estate

Hi Barbara - New Year's Day is a great time to take stock and try to change some of those bad habits! Have a great new year!

Dec 31, 2011 03:01 AM
Linda Jamail Marshall
Linda Marshall,Houston Texas, Linda Marshall, Realtors® - Houston, TX
Broker, ABR,QSC,RECS,ACRE - Innerloop Houston, Tex

Good morning Barbara, and Happy New Year to you and yours, this is very well said posting as usual.

Best regards

Dec 31, 2011 03:02 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Pam....don't we all....Happy New Year...

Peggy....we should each take stock.... not a pleasant experience at times!!! Happy New Year to you too...

Linda.... thank you....Happy New Year to you also...

 

Dec 31, 2011 03:08 AM
Kathryn Acciari
Central One Federal Credit Union - Shrewsbury, MA
Mortgage Loan Originator

This is something that should be taught to every new agent.  Our database is our mine.  It took me a while, but I now obsessively enter every contact into my database, make sure it is in my phone correctly, and also into a CRM program.  Done a little bit at a time makes it as easy as eating the proverbial elephant.

Happy New Year, Barbara!

Dec 31, 2011 04:13 AM
Joanne Louise Stevens
Keller Williams Realty Los Angeles-Brentwood - Los Angeles, CA
Realtor - Serving Brentwood and Surrounding Cities

I have bad habits and one was not creating a database.  I have to be more proactive on my follow-up.  I like the idea of marketing to the whole town each month.  It's like throwing a dart at the bullseye.  You WILL hit the target.  I too can afford to market with mailers because many realtors in my area stopped doing mailers!  So mailing to my farm is in my business plan for 2012!  Thank you for so many wonderful tips.

Dec 31, 2011 04:14 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Kathryn.....creating a database and MAINTAINING IT  is a task that not everyone does faithully.... if I were to guess, I'd say the majority do not do it....Happy New Year, Kathryn...

Joanne.... if it's in the budget, you go, girl...it IS like hitting a bulls eye every time....but as with everything, there is risk involved and there are no guarantees....it's a chunk of change every month.

Dec 31, 2011 04:23 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

Oh Barbara.  We all have high asperations and find it difficult to keep them.  I am going to try hard to stick with mine this year.

Dec 31, 2011 06:26 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Paula.....you said it right....all we can do is try to stay on track and do what we are suppose to do....

Dec 31, 2011 07:23 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

This coming week is my week to get things ready for the new year. I sort of took off in December.....paying for that sin. Ugh

Dec 31, 2011 07:44 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Karen....we all pay for our sins in this business.....Happy New Year....I hope 2012 is a great one for you...

Dec 31, 2011 07:47 AM
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Barbara....I find it hard to believe that you have any bad habits!  I have the same one as you but it is on my list to fix my database in 2012.

Dec 31, 2011 08:45 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

BarbaraT- oh gee...how long do you have??  I guess I'm a big procrastinator.  But the list if long so I'd better get to work. 

Dec 31, 2011 08:48 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Christine....it was easier to just include the entire town....now I can honestly say I have an up to date database....of 7100 names and addresses....ha

Kathy....I don't believe it....

Dec 31, 2011 08:58 AM
Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

No more rum before 11am. Let's see how long I can stick to that!

Dec 31, 2011 09:02 AM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Happy New Year Barbara, best wishes for a healthy and prosperous 2012.

Dec 31, 2011 09:41 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Doug....my money's on you....and I don't lose.... Happy New Year, Doug....I hope you have a productive 2012....

Al....thank you....  the same to you....a healthy and happy 2012....we can always make money....that's not important.

Dec 31, 2011 09:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Barbara, I find making resolutions are meant to be broken, so work on my bad habits all year long.    Wishing you a very Happy New Year and a successful 2012!

Dec 31, 2011 10:29 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Joan..... I think you're right..... Happy New Year to you also.... hope 2012 is a great year for you....

Dec 31, 2011 10:36 AM