Change Your Mindset

Good point!  In Maricopa county, Arizona, there are over 70,000 agents but only 4000+ closings.  That means that no more than 4000 of the 70,000 have been working their business successfully.  It is hard to be your own boss, responsible for your time commitment but it is important.

 

Malika,

Your point is well taken!  I have been contemplating investing a substantial amount of money in a new web site.  My line of thinking is that there are many in our industry that will be pulling up stakes and looking for greener pastures considering the market we're in.  Because I am the CEO, of Rick Turner & Associates, I've decided to keep investing in the business that I know and love!  Isn't America great!  Great post!! 

Great post this is the same thing I tell my new agents the very first time I meet them.

What amazes me is there is even less training for loan officers.  And, in a lot of states, they don't even do a background check.  These people are giving their loan officer enough information to steal their identity and they don't know what their background is.

I am lucky to work for a Mortgage Banker who invests time and money to educate their loan officers.

Well said, Malika!!!!

Great post. It is so true.

Great post!  This is my first year in the mortgage industry and I realized right away that I can't just take my few hours a day with my mentor and expect success.  I need to remember the "overtime" I put in to getting my engineering degree.  I had no problem doing extra work for that and I am still paying for that learning experience and in this business I can actually make money.  Why wouldn't I learn as much as I can about my business!

Great Post Malika I too take training and further educating myself seriously. I try to emphasize this with new agents that come to work in our office. It is an ongoing learning experience

Sooo on the money, Malika! Let's take this a step further. Ever heard of discount doctors, discount lawyers? No, in fact, a recent article in the WSJ stated that some lawyers have broken through the $1,000 hourly rate barrier.

There is no other profession in which the initial educational requirements are no reflection of what the profession actually requires if you want to be a really serious practitioner. Imagine, an attorney saying my flat fee is $500 and what you get is your problem posted on a local attorney membership site for other attorneys to help you.

Forgot, I hadn't logged in - Gerhard 

I couldn't agree with you more.  What surprises me even more is that some of the agents I meet even passed the 40 hour course.  My husband and I have 30 + years in this business and we still "go to school" to upgrade our skills.  Nowadays, if an agent sends us an incomplete contract, we give it back to them and tell them to review it with their broker.   

You are soooo right. Good for you! Continuouse improvement, lifelong learning and putting the responsibility directly on your own shoulders is a lesson....that some people never learn. Thank for sharing and for the reminder! Happy Selling. Pamela

Hi Malika,

You're right on this post!  I believe Realtors should have more than 30 - 40 hours of training before they are let loose on the public.  We are handling most consumer's largest financial investment and I'm often amazed at how little some agents know.  They should have to have more knowledge.  I also would like to see Board and MLS dues increased, because then a lot of part-timers and unmotivated agents would leave the real estate business.

DITTO and AMEN! Change the way you look at things, and the things you look at change.

 

Great Post, and so true.  On going education and training is a must in so many areas when in business for yourself, not to mention the real estate business on top of it. 

Great post Malika. Well said. I believe Realtors should have more than 40 hours sales course. Training, training, and training to be better realtor.

 

Very good post. Success in this business starts with good attitude and a good foundation in training. Of course it does not end there, service and professional needs to be part of the formula as well.

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Weeeeooo!!! :-) :-) :-)

Malika, We agree and think this is a very good post. Congrats on being featured. We wish you more to come.

Also want to thank you for taking your time to comment on the crest charade we did earlier this week. It was most appreciated.

So true! It's all about stepping out of comfort zones and WORKING!  Great post