Members: 114,630 - 1,305 Online Now  Login
 

New Years is kind of an annoying holiday.  Everybody you meet, whether you know them or not, wants to know your resolutions for the upcoming year.  Then everybody jokes about how nobody keeps resolutions.  Then somebody throws in the smart aleck comment about how they resolve to not make any resolutions.

That being said, is your business ready for '08?  Chances are, your '07 may not have been your best with the "market slowdown."  I put that in quotations, because saying that the real estate market slowed in '07 is like saying it snowed in '07 (while I'm sure it did in some places, it may not have in others).  Personally, '07 was by far my best year in real estate...that's a bit misleading 'cause I just started in '04, but it was still my best year yet.  Why, and how will I keep that going in '08?

I firmly subscribed to 2 basic principles taught by my company.  First, lead with revenue.  In '05 and '06, I was a real estate vendors dream.  Every sales pitch that came to our office meetings, every "can't miss" opportunity that was emailed to me, every get rich quick seminar that came to town, I was on it.  "If you just make one sale, this program will pay for itself" was like the song of the Sirens to me.  In '06, all I had to do was make 129 sales and all the gizmos and programs I bought would have paid for themselves.  No more.  Now I lead with revenue.  If I haven't already made the sale to pay for it, I don't buy it.  That's helpful for two reasons.  1) I have the money.  2) After making the sale to pay for the gizmo, I usually realize that I don't need the gizmo to make the sale.

The second principle that I subscribed to in '07 was that education is key.  Keller Williams doesn't try to hide the fact that they are a training and education company disguised as a real estate brokerage.  I am embarassed when I think back on the second rate, rah-rah sales pitch "training seminars" I paid $100's for in the past.  The free on-line training at KWU far surpasses the junk I was fed at these seminars, and it's free so it fit with my lead with revenue bit.  The travelling MREA classes (if you're not a KW agent, feel free to ask and I'll fill you in on our annoying amount of "Kellerisms"), ranging anywhere from free to $149, are also priceless.  Most recently I attended the business planning clinic here in Tacoma (taught by Jeff Sutherlin from AZ) and I am just plain excited for my '08.  Imagine that, my company helped me set up a plan, a map, a guide to get me to where I want to go!

I even took much of the info and taught "Know your Numbers" to my market center (Gig Harbor) and Tacoma's Market Center.  Knowing your numbers is key, and I am amazed at how many real estate professionals don't even know what numbers they should know, much less what those numbers are.  Before any non-KW agents think I'm pitching a company here, or dissing other companies, let me remind you that all MREA classes taught by KW are open to anybody, not just KW agents.  Feel free to ask and I'll send you a calendar.  KWU is exclusive to KW agents, but several other educational websites that Gary Keller hosts are open to everyone. 

So are you ready for '08?  Do you know your numbers?  Do you know what numbers are important to know?  I love this industry.  I love my career and my business.  I'm a numbers geek and I love stats.  I resolve to follow my business plan in '08, to take the necessary education to reach my numbers, and to make '08 even better than '07.  Happy sales to you and Happy New Year!

 

7 Comments on It's almost 2008...Resolutions anyone?

no resolutions, oohs that is a resolution

12/27/2007 05:27 PM by Valiant Rensink (Exit Desert Ocean Realty)


1.  Pay even less attention to the media !

2. Divert any marketing funds to improving my web presence !

3. Stay positive in the face on all the negatives !

4. Read, learn, post and contribute to AR !

12/27/2007 05:30 PM by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty)


I have quite a few but I don't think I can put them all down at this time.  Happy New year to you.

12/27/2007 05:31 PM by John Walters (Specialized Real Estate)


I have the same resolutions as last year!  Next year I hope to complete them all.  I always have way more education than is required!  It is important to build your reputation as a professional.  Happy New years and here's to keeping those resolutions.

12/27/2007 05:42 PM by Joan Whitebook, ABR, e-Pro, CEBA (Buyer's Option Realty Services)


Spend more time outdoors.
Make more new friends
Get involved
Laugh more
-cem

12/29/2007 10:40 AM by Chris Mitchell - CallNashvilleHome.com (Keller Williams)


Welcome Matt!  I have a bunch of Resolutions as well, I like to write them down and see how I do after the year.

01/02/2008 04:13 PM by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)


Matt, welcome to AR! We have a lot in common in our $$ spending ways in the beginning. I'm delighted with the success of my business in '07, and look forward to better numbers for this year. Making a plan, and working within that plan has been key to growing my business.

Wishing you a great year!

01/02/2008 08:33 PM by Anderson Homes Redesigned LLC, Staging Kitsap County, Roberta Anderson (Anderson Homes Redesigned LLC)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Matt Thomson Gig Harbor, WA Real Estate & Relocation (Assoc. Broker--Keller Williams Realty)
Matt Thomson Gig Harbor, WA Real Estate & Relocation
Gig Harbor, WA
More about me…
Assoc. Broker--Keller Williams Realty

Office Phone: (253) 851-0748
Cell Phone: (253) 226-7595
Email Me


Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find WA real estate agents and Gig Harbor real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved