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At the family reunion today...

By
Real Estate Agent with Leigh Brown & Associates, RE/MAX Executive

There was a surprising amount of real estate talk!

Let me preface this by explaining that my mother is the youngest of 8 kids, there are 18 grands and all of our spouses and respective kids.  It's a large group and rather noisy at any function!

So my dad and I are residential broker/owners, my cousin is a local builder, and another cousin is a real estate assistant.

The cousin who is an assistant is new to the assistant world.  She's a CPA by training and has been doing the books for a local real estate office until recently, when a RE/MAX agent in her town approached her to jump ship and come be her organizational skills!  So she decided to take advantage of the flexible hours, took a pay cut, and made the leap. 

She was asking me today what my assistant has done to improve my business...and I couldn't name anything. My assistant is GOLD to me, she implements my systems and does what I ask, but isn't the proactive sort.  Which is fine, she just isn't.  She wanted to know what I valued and what I would change, because she wants to impress the socks off her rainmaker agent and sees an opportunity for either making this full time when her kids are in school, or working as a VA down the road once she has her chops.  Lots of potential. 

I got tickled when she mentioned my Christmas card, and that her rainmaker got two ideas off of it...the personalized stamps from www.zazzle.com that have my website in lieu of a photo, and the return address stamp from www.stationerystudio.com.  Two very inexpensive marketing things that have a strong impact-they get my mailings OPENED. =) 

She's thinking of getting licensed, so that she can handle anything handed to her, and won't have to cut herself off short because of license laws (she's very ethical and was appalled that some unlicensed assistants step over the line).  So she asked me what one thing I would tell someone who has just gotten their license and wants to be successful.

I stopped and thought about it.  It's hard-I have a million little ideas and things that I've learned over the past few years, but the ONE thing?

Taking control of your life.  That would be the one key that I feel is essential.  Setting working hours and telling clients what to expect, how and when to reach you.  Setting expectations about weekends and evenings.  Not being afraid to lost a prospect over prioritizing your life. 

It took me a long time to learn and implement that one strategy.  I burned out over and over again, afraid that I would crash and burn if I didn't answer the phone at midnight and didn't work every single night and weekend.  Not knowing that my clients would understand, if expectations had been properly set at the beginning of a client relationship.  Not knowing that I would NOT starve if I treated my schedule as a professional should.

And do you have to hit burnout to learn this?  Do you have to be established in your business before you can set limits on your time? Nope.  Do it from day one and you will surely be amazed.  I have increased my business every year since going full-time and I work less and less each year (as in quantity-I think I may be working a little smarter now).  And that's a pattern I can live with-and my husband can live with-and my kids can live with.

Kristal Kraft
Novella Real Estate - Denver, CO
Selling Metro Denver Real Estate - 303-589-2022

I think it is important that we find a "blend" of limitations where we can be relevant to our clients needs and our own at the same time.  That may mean working when others aren't.  I've always found I can make it up on the other end by taking time off when others can't. 

I believe the one piece of advice is to create a data base and focus on it always.  Our business is built from relationships of trust and dependability.  Not tricks and gadgets.

kk

Dec 26, 2006 01:41 PM
Bonnie Erickson
Tangletown Realty - Saint Paul, MN
In training new agents, I emphasize the power of saying "no".  We talk about scheduling in family time and activities, about planning for priorities, about saving our marriages and families by taking control and giving them the needed time.  Our jobs are stressful enough without assuming our clients can dictate our schedules as well.  I tell the newbies not to tell their clients what KIND of appointment they have (i.e., the kid's swim meet).   Instead counter that they DO have an appointment at that time, but xx time and yy time is free fo them to choose from.  Taking control and letting lose of the fear of losing a client are huge keys to success in ALL areas of our business!
Dec 26, 2006 03:17 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645

Great post, I am at that turning point where I am planning to take on my first assistant.  It is going to be tough for me to let go of ever little detail.

Dec 26, 2006 04:27 PM
Jeff Turner
RealSatisfied - Santa Clarita, CA
Leigh, this is good advice for anyone in business, not just real estate. Managing client expectations is the key to long term success!
Dec 26, 2006 05:18 PM
Leigh Brown
Leigh Brown & Associates, RE/MAX Executive - Charlotte, NC
CEO, Dream Maker - Charlotte, NC

KK-So true that tricks and gadgets don't create a career-they might work for a short time but the staying power is in the database!

Bonnie-you're right-it's the fear more than anything and that's the hardest thing to convey to a new agent!

Randy-good luck-i'm a control freak as well but now that I've had my fabulous assistant for 2.5 years, she knows my dialogues and knows my business and I feel safe when I give her instructions.  One of the important things is having the very detailed written job description.  She needs a list!

Jeff-tis true-lots of things we talk about her apply in other businesses as well.

Dec 27, 2006 02:29 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

This is a wonderful post Leigh!  I started out by answering at all costs and then morphed into business hours + I don't interrupt phone calls if I have another one coming in.  When you treat it like a business you get respect.  If you let your clients and customers run all over you and call you 24/7, they will take advantage of it by expecting it/being demanding and you will be running in circles.

Whenever I make calls and leave messages I always say "I have a meeting at 2" or "I will be available until 5", etc.  This reinforces the fact that you have a schedule.

Dec 28, 2006 12:30 AM
Laura Monroe
Inman News - San Francisco, CA
Dir. of Industry Engagement & Social Media

This is a post that I can relate to! Being a real estate assistant is something that does take balance, clear communication and yes, proactivity! My stance is that an agent is so busy with alot of fine details that an assistant should be there to enhance and put the gleaming professional touches on everything for the agent they are working with. They should have a personal standard that exceeds even the agent, and be able to take the ball and run with in! 

I try to apply those same concepts to my own business!

 

Jan 05, 2007 03:41 AM