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Diary of A New Agent (My head is swimming)

By
Real Estate Agent with Acquire Real Estate

Well, I have been licensed for 8 days now and I my head is swimming. I am trying to sort out what I am "supposed" to be doing, need to doing,  want to do, can't do and need to figure out. I knew to expect this when I got out of school and started my business, but it is still a little overwhelming. And I will admit that on Monday night, I had the "OMG what have I gotten myself into" moment.

What I am "supposed" to do

On Monday I started "Camp 4:4:3". For those of you not with Keller Williams, it is a very intense class to get you actually DOING the things you need to do to find clients and be successful. It is all about learning while in the trenches. The goal is to have 4 listings and 4 sales in 3 months. (If anyone not with KW would like to learn more from someone actually going through the training, please email me)

My first class was taught by our market center's productivity coach and it is all about getting your mind in the right place and really being committed to this class and the assignments. Our first homework assignment was to collect 10 business cards from people, call 5 people, write 15 notes and preview 5 houses A DAY, EVERYDAY. Wow, that would really get my business up and going. But wait, I'm a stay at home mom with 2 kids. That is when I have my OMG moment. I am "supposed" to meet 10 new people everyday and preview 5 houses everyday???? If I don't, am I letting down my market center, my teachers, MYSELF? (You;ll have to wait to "can't do" and "need to do" to find the answer)

What I Want to Do

I want to magically the systems in place so I can be productive and not feel like I spinning my wheels. I want to work on my website. I want to meet lots of new people. I want to look at houses. I want to do Open Houses. But oh well, this week I have reconciled that those are things that must go into the not yet pile.

I also wanted to have a great prelisting presentation for my friend Kandance and her husband. This is the couple I told you about last week that wants me to list their house. I found 2 different KW prelisting presentations and asked my BIC for an example of one she used. Then I spent more than a few hours over 2 days trying to pick the pieces I liked the best. Finally I came to by senses and said "wait, they want me to list the house so just list the house!" I know, I know quit trying to reinvent the wheel - uses the great resources I already have.

What I can't do

I can't go out and meet 10 people a day and get their name, phone number, address and email. Yes I have cute kids and we can go to the park, but that would require me to live at the park. And yes, I take Elizabeth to gymnastics everyday but I don;t hang out there much and those moms all know me and are on my contact list.

I can't go look at 5 houses a day because I do not have access to the MLS yet. This problem will be corrected on Tuesday. i just hope Jacob likes to preview houses because I'm spending more than my allotted babysitting money going to training classes to teach me the things I don't now.

What I need to learn

How to measure a house - I have read about it but I don;t have a clue. I am a smart girl and it does not make any sense. Last night I met an appraiser at Camp 4:4:3. I am hoping I can talk him into meeting me at a house and showing me. If he can't my BIC will.

How to do an accurate CMA. I sat down with my BIC and we worked on one for Kandace's house this week. I understand the basics but I am scared of messing one up and either overpricing a house or leaving money on the table.

How to work Top Producer. This is one that I am going to just have to work through, but there are so many things on my "AM" going to do list that I am having a little trouble getting to this one. Last night's assignment (in addition to the 10 new people, 5 calls, 15 notes, 5 previews) was to set up a system to touch (aka contact) my contact list 8 times in the next 8 weeks. WHOA! So I have to figure out how to use Top Producer before Monday at 5:30.

Oh there is so much more I need to learn!

What I AM doing!

I mailed 190 note cards to by book customers telling them that I am now a Realtor. (Touch #1)

I mailed 80 letters to others in my SOI. Many had personal notes.

So I may not be meeting 10 new people right away, but I will when the kids go to school. In the meantime I will be working my SOI. I sat down with my team lead/BIC on Tuesday and told her about my OMG moment Monday night. I asked if I should wait and take the call when I could complete the assignments or was it okay that I couldn't right now. She was extremely understanding and told me it was okay and I was lucky to have such a large network already in place. That made me feel much better.

I called my son's teacher at the zoo to tell her that I was now a real estate agent. She was so excited and let me know that she was ready to sell her house and buy a new one! YEAH! I am going to go to lunch with her next week to work on that.

Tomorrow (July 4th) I have a large booth to sell books at the Gilbert Peach Festival. I have a sign and a new name tag telling everyone that I am now a real estate agent and would like to help them buy or sell a home. I also have a sign up sheet for my mailing list. I should see quite a few people I know and I will meet a lot of people tomorrow so it should be a good day. I also need to sell some books and make some money to keep my RE business afloat.

Next Tuesday I am going to class at the MLS so I will FINALLY have access to it. Then I can look at houses and do CMAs. 

I am also going to stat meeting the on-site agents at the new housing developments around my house. There are quite a few and I know that will be a big market for me. Last night it was suggested to really make friends with them and I intend to do that.

So that is what I have been up to the last few days.

Thanks for listening because just writing it all out really helps to clear my mind. If you like my blog, please subscribe and recommend it to others. I smile every time I get an email saying that I am helping others going through the same issues.

Have a wonderful 4th of July and remember that we live is the greatest country in the world!

Teresa McDonald
EME Realty - Florence, SC
ABR, Florence and Lake City SC Real Estate

Sounds like you are on target yet you are not neglecting your family. It is important to keep a balance. Do take advantage of all available resources and technology. You are off to a good start being a member of ActiveRain.

Jul 03, 2008 01:47 PM
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

I am new to this site and I love reading the blogs - I enjoyed yours and I have to say how impressed I am with what you are doing - My hat is off to you!!! The training sounds great but maybe a little overwhelming - but it sounds like that they certainly have a plan for how to work this business - I remember having the same feeling you had and wondered - What have I gotten myself into - but I have been in this business for over a year now and I really do enjoy it - and like I have heard it said many many times --- school is never out for the pro - so take it easy and Good Luck!

Jul 03, 2008 01:50 PM
Anonymous
Kiri

Keller Williams is a great company that offers excellence education

You are taking the initial steps to success

Plan your days, work your plan and adjust as needed

Good luck

Lou

 

Jul 03, 2008 02:07 PM
#3
Cheryl Lee Handavaka
Cheryl Lee Handavaka Mobile Notary Public - Riverside, CA
951-514-9205 - Riverside Notary Loan Signing Services

Kiri...

That was a wonderful post.  I am brand new in Real Estate, and really haven't been able to do much with it at all.  I am really busy with other things, but plan to get my RE act together soon...You have certainly maintained yourself and seem to have it together...keyword...(SEEM!)  I hope good things for you, and keep on blogging...this was truly interesting stuff!

Jul 03, 2008 06:01 PM
Mike Saunders
Retired - Athens, GA

Kiri - congratulations

One thing my broker emphasizes, make the numbers your own, make the target something you feel comfortable with in your situation. I try to add at least 2 a week to my contact list. Not aggressive, but, something I can meet. (Starting with virtually zero when I moved here, not bad results so far).

The numbers are all targetted to the Millionaire Real Estate Agent goal. Work with your broker and set your numbers based upon your goals.

Pretty soon it will become a lot clearer

Jul 04, 2008 01:21 AM
Matthew Zgonc
Aksland Real Estate - Modesto, CA
Realtor, CFS, CVS

Kiri, Congratulations on the training. In terms of measuring, go to Lowes or Home Depot and get a device that will automatically measure the length of the room for you. I am interested in the training in what you have learned, feel free to email or call me regarding it. 

Jul 04, 2008 02:45 AM
Kay Wise
Fort Huachuca, AZ

Kiri, always an inspiration.  I'm a stay at home mom, so I understand the difficulties in meeting new people.  Good luck on your booth.  It will surely benefit both your businesses.  Thanks for posting these wonderful blogs so that people like me know what to expect.

Jul 04, 2008 05:03 AM
Terrie Leighton
Ferrari-Lund Real Estate - Reno, NV
Reno Real Estate Agent ~ Selling Homes in Reno

Measuring a house...I hated that part of my training. The good news which could also be bad news is that I have never had to to it since. (What if I have to in the future?)

Anyway, congrats! You sound like you have enough to keep you busy and learning. Have fun.

Jul 04, 2008 05:25 AM
Christi Baylor
UP Realty - Austin, TX

Kiri -

I have enjoyed reading your blog as we are in the same boat!  Keep writing - you are an inspiration to me.  I have a brand new (2 month old) baby girl and I'm trying to figure out how to jumpstart my RE career and be a good mommy to her.  Best of luck to you!

-Christi

Jul 04, 2008 08:01 AM
Mike Klijanowicz
Cummings & Co. Realtors - Perry Hall, MD
Associate Broker @ Cummings & Co. Realtors

You have already done the BEST THING YOU COULD HAVE!  YOU JOINED ACTIVE RAIN!  There is so much information here and when I think I have heard it all already, I come across something new.  JUST LIKE TONIGHT, look at this post and the ideas in it http://activerain.com/blogsview/578891/A-flyer-will-NOT.  This is the type of thing that really makes a GREAT AGENT even BETTER! 

Jul 04, 2008 12:46 PM
Team Honeycutt
Allen Tate - Concord, NC

I'm new as well but I havent started mailings yet, I think Active Rain is a great place to start though!

Aug 12, 2008 07:36 AM
Terri Favata
Elevated Real Estate Solutions - Bethany Beach, DE
Broker Kent & Sussex County Delaware

You are right on target! Keep your head in the game and you will do well! The time and money are well worth it in the end!

Aug 12, 2008 07:57 AM
Kari Battaglia
Veterans Realty Inc - Venice, FL
Who You Work With Matters!

I feel the same as you!  I got my license 3 years ago and did not jump in fully as I have 3 small children and it was tough to juggle RE and family time.  My husband is an investor/developer and I have mainly worked our own properties for the last 2 years, studied for brokers license and GRI.  All 3 will be back in school and I am ready to jump in it. 4 days ago I joined active rain and it has really inspired me, great place to jump start your career!  Best of luck in RE career and family time! 

Aug 12, 2008 03:51 PM
Jack Climer
Jack Climer Realty, LLC - Springfield, MO

One word, be honest with yourself and to your clients.

Aug 12, 2008 04:08 PM
Derenda Grubb
CENTURY 21 Mike D. Bono & Co.'s - Lake Charles, LA
GRI, ABR, CRS

Hi Kiri,

Welcome to the Rain.  You have the Tiger by the tail and you seem to be doing just fine.  I know the feeling and I bet most successful agents also know what you are saying.  You are taking care of this issue, while knowing you should be doing 10 other things.  Prioritize and get very fast.  Good Luck.

Aug 12, 2008 05:02 PM
Team Honeycutt
Allen Tate - Concord, NC

Newbies make it when they have your attitude and tenacity.

The main thing is just keep on, keeping on.

One suggestion of something that has helped me is the Star Power Universities.  The Buyer University was the best money I have spent in Real Estate.  You'll meet lots of people with more ideas than you can possibly do.

Best of everything to you.

 

Aug 29, 2008 09:46 AM
Yvette Smith
LONG & FOSTER - Williamsburg, VA
Realtor In Williamsburg VA, Homes for Sale

HI KIRI!

Sounds like your starting off with a bang...you've gotten off to a great start!

All the best to you,

Aug 31, 2008 06:28 AM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Hi Kiri!  I am sure you will be very successful!  Welcome to ActiveRain and real estate! Have fun!

Best wishes,

Ann Allen Birmingham Realtor

Aug 31, 2008 08:09 AM
Team Honeycutt
Allen Tate - Concord, NC

Truly it is a process getting started and learning the right and productive things to do....it will come.  hang in there.....

Aug 31, 2008 01:16 PM
Daisy Montano
The Saavedra Team - Phoenix, AZ

Seems you have  a good start. Best wishes.

Sep 18, 2008 08:58 AM