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Word Wednesday: Patience (Part 1)

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Education & Training with Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.


"Step by Step, stair by stair, be patient, believe, before long you'll be there."

-Marc Erlbaum

Patience is a key word in the real estate business... especially for new agents. It takes patience to establish yourself as a local expert and let the process work for you.  

Patience is often a big stumbling block for new licensee because they are not adequately financed.  They come into the business "needing" to make immediate sales.  Needing to make sales is never a good way to establish your reputation. Doing the right thing is always the best way to do business, regardless of the consequence of making a sale or not.  


The real estate licensing school was child's play when it comes to the education you need to be a successful agent.  You must continue to learn every day.  That is your stairway to success. 

Be patient, AND persistent.  

Posted by

Carol Williams

"Information is FREE.
Knowledge, Experience & Integrity Are Priceless."

- Carol Williams

Retired: Real Estate Broker/Owner, Property Manager 
Coaching, goal setting, and marketing consultant

Active: Golf & Travel Blogger
"Golf isn't a sport. It's a lifestyle."
SeniorWomenGolfers.com
TopTeamCarol@gmail.com
 

Happy March !




Comments(19)

Beth Bromund
Coldwell Banker Weir Manuel - Rochester, MI
REALTOR (248) 651-3500

"Patience is often a big stumbling block for new licensee because they are not adequately financed. "  I don't know if there are any surveys that have been done to find out why real estate agents leave at such high rates, but I would guess that this is probably the main one.

Jan 25, 2017 01:07 AM
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Patience is a virtue and a key component in life and work! I will wait patiently for the 2nd installment!

Jan 25, 2017 01:09 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Carol.  I lost an agent just last month.  He tried for a full three weeks and not getting a listing or securing a buyer he quit.  No patience at all.

Jan 25, 2017 03:08 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Carol... by nature, I'm not a patient person... and I've often said over the past 25 years that if this business has taught me anything, it's a level of patience I never knew I could have!

And by the way, here's my suggestions for second chance Saturday post. Practical advice for all listing agents to know.

Jan 25, 2017 04:52 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Carol Williams ,

Excellent post because many new agents do need a sale and patience is not a trait one possesses when there are creditors knocking at your door. Patience is a must in this business as doing the right thing for your client is always how you must practice your business. You are right patience is the stairway to success.

Jan 25, 2017 05:41 AM
faye schubert
Retired - Branson, MO
Living the Branson Lake Life

As a tech trainer onboarding new agents, I see this all the time. They give up their job to start this career, thinking it's easy money. They soon learn that it is persistance over time to buid a business.

Jan 25, 2017 06:05 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Carol. Point well made. I am not a patient person and have had to  work on it.

Jan 25, 2017 06:20 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Agreed Carol.  And this is something we must all have, though it can be difficult.

Jan 25, 2017 06:43 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Beth Bromund .
Yes, I believe the lack of funding is the main reason so many new real estate agents drop out within 2 years.  That, and the other misconceptions they had about the business.

Jan 25, 2017 07:14 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Debra Leisek .  You won't have to wait too long.  It is scheduled for 1:00 Pacific time today.   By the way did you know the Mershon's in Homer?  

Jan 25, 2017 07:17 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning James Dray .  Gosh, he must have had rose-colored implants in his eyes, eh?  Never did see reality, did he?  

Jan 25, 2017 07:19 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Nina Hollander .  If you're like me, you actually do have patience except when other people aren't doing their job and we end up waiting waiting waiting... or doing their job for them!  I have lots of patience when people deserve it.  LOL

And... thanks for the Second Chance suggestion.  That was a great one.

Jan 25, 2017 07:20 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Dorie Dillard .   "Doing the right thing" takes a lot of patience... and faith, doesn't it Dorie?

Jan 25, 2017 07:22 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning faye schubert .  Those darned rose colored glasses must be given out free somewhere... with a subliminal message exuding from them... "go get your real estate license.  You can work whenever you want and make lots of money".  

Jan 25, 2017 07:24 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Sheila Anderson .  I think we all have to work on our patience factor... especially when other people don't do their jobs in a timely manner.

Jan 25, 2017 07:25 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good morning Gabe Sanders .  It's an ongoing battle, isn't it Gabe?  

Jan 25, 2017 07:26 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Carol Williams,  I have to have patiences or I will stress myself out and we do not like stress.  Make it a great day!

 

Jan 25, 2017 09:26 AM
Roy Kelley
Retired - Gaithersburg, MD

Some of us have some work to do on our levels of patience.

Jan 25, 2017 10:32 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

I was reading or listening to something recently and they were talking about success, and the main point was to be successful you need to be a life long learner.Always being willing to learn from every experience.

Jan 25, 2017 01:08 PM