Advice for new Realtors - Are you crazy?

By
Real Estate Agent with Progressive Realty (Boise Idaho) www.Progressive-Realty.info DB-17066

This morning, I was asked to welcome the 30+ new members to our association in my role as the 2010 President of the Ada County Association of Realtors.  Our Executive Officer got nervous when he saw my outline!

Are you Crazy? 

 

  • People are born/dead;
  • Married/Divorced
  • Transferred in/out
I welcomed the group and proceeded to ask them by a show of hands how many people had asked them if they were crazy coming into the real estate sales business in this economy.  Over 2/3's of them raised their hands!

A large part of being a Realtor is being able to over come objections and the various barriers to success.  No matter what the economy does the following will still occur:  People will be born and some people will die.  Some people will succeed in finding a soul mate and get married while other relationships fail resulting in a divorce.  Homeowners will get transferred into and out of the Boise Metropolitan area.  Each and every one of these events will occur in every economy including this one.  Each and every one of these events creates a potential client for Realtors!

The main difference will be the number of Realtors in the industry to deal with the finite number of sales that will occur.  I encouraged the new agents to be pro-active to learn the market and to be intuitive by refining their knowledge and skill sets.  Learn to differentiate yourself from the other one million Realtors in the country.

If you are willing to take the time create a business plan and a road map to success in the real estate industry you are already going to be way ahead of the people that are already in it with no plan.  Therefore, you are

Not Crazy

 

Comments (5)

Jeana Cowie
RE/MAX Real Estate Limited - Paramus, NJ
Broker Associate, ABR, CRS, GRI, SRES

Jim, Are you sure you don't want to remove the "/" in the crazy circle - just kidding. Very nice post!

Aug 27, 2010 09:03 AM
Mike McCann - Nebraska Farm Land Broker
Mike McCann - Broker, Mach1 Realty Farmland Broker-Auctioneer Serving Rural Nebraska - Kearney, NE
Farm Land For Sale 308-627-3700 or 800-241-3940

I hope they left the meeting enthused and pumped up...I also hope the other seasoned agents welcomed them with open arms. 

Aug 27, 2010 09:04 AM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

@Jeana, our EO did a great job bridging the gap by asking how many in the room thought they might have a mild case of ADD, Compulsive Behavior or type A personalities.  Since that drew the hands of almost everyone in the room, he said welcome to my world of trying to keep you all on track! :-)

@Mike, our local association is really good at trying to pull in new agents without overwhelming them.  I did tell them our goal in leadership is to help bring their energy and passion into the industry and back to their offices.  We encourage them to get involved in committees from day one and even tell them which committees are best suited for new agents.  We explain in our area it is a minimum of five years to achieve President of the association and how it can be up to 20 years to be president of NAR.

Aug 27, 2010 09:11 AM
Mitchell J Hall
Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

People will be born and some people will die.  Some people will succeed in finding a soul mate and get married while other relationships fail resulting in a divorce.  Homeowners will get transferred into and out of the Boise Metropolitan area.

So true: The best time to buy and sell is when you need/want to because of your life conditions rather than market conditions.

Aug 28, 2010 01:32 AM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

@Mitchell, thanks.  I also think it pays to be a selective contrarian investor.  If you know you are going snow skiing this winter, the best time to buy your equipment is now before the snow flies and consumer demand makes prices rise.  We need understand the market cycles and use them to our advantages.

Aug 29, 2010 05:02 AM

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