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Block Time To Block the Bill Collectors!

By
Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

tiger

 I catch on to certain concepts pretty quick. For instance, Beowulf made sense the first time I read it many moons ago. And continents? I can name all seven!

 But regardless of how many times good people told me, the concept of constant prospecting was above my pay grade. Let me get 3-4 deals in escrow and prospecting efforts would hit the brakes. After all, guiding deals to closing is almost a full time job by itself.

 And then the final deal closes...All the calls from inspectors, banks, title folks, etc. grind to a halt. All of the sudden next month's coffer is empty.

 In the industry this is know as riding the roller coaster. The high of four closings is met with the immediate valley of an empty escrow folder. Long dormant prospecting activities then must be used to earn new business. Every noticed how long it takes the roller coaster to reach the top of the hill?

 In order to make the real estate ride more enjoyable, one should seek to flatten the hills. The best way to accomplish this is consistent prospecting. Nothing Algebra-like here, simply seek new business every single work day.

 Just like you would a client meeting, block 1-2 hours every day in search of new business. Hit the phones, email, street, in search of new clients. The trick is to simply 1) make a list, and 2) contact the people on said list. Repeat everyday to keep the bill collectors at bay!

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Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida and Louisiana. Each office independently owned and operated

 

 

 

Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

I jot down a daily contact list each morning, otherwise the little daily details of escrows and such will get in the way of prospecting and the pipeline will dry up--I learned this lesson the hard way too.

Nov 02, 2011 09:25 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Doug....the majority of agents get caught in that trap.....they put a couple of deals together and exhale....there's no exhaling in real estate...keep working or you'll have gaps in your income...

Nov 02, 2011 11:06 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Definitely, Doug.  I am in the dip right now.  My prospecting is blogging which I do continually, but that is passive prospecting.  Oh the dreaded flesh-pressing....

Nov 02, 2011 02:30 PM
Marilyn Boudreaux
Marilyn Boudreaux, Century 21 Bono Realty - Lake Charles, LA
Lake Charles LA Century 21 Realtor

I once heard a motivational speaker say to hand out 10 cards every day, that sounds easy with  all the stops you make during the day but I have never been able to implement it, although I did hand out 2 cards on Halloween :)

Nov 02, 2011 05:43 PM
Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Doug, Right you are. Every good agent is either a great prospector or has such a big business that referrals have created great momentum.

I am a compulsive carder and another rule (re; Marilyn B.) is everytime you exchange money for a product or service give that person a card. That should get you to ten cards a day quickly. Even the guy or gal that gets you coffee at McDonalds or Starbucks, or the checker at WalMart is a potential buyer or seller. Do not despise humble beginnngs.

Nov 03, 2011 08:58 AM
Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

Hey Charles,

 Nice to hear from you! Send me an email sometime!

Nov 03, 2011 09:02 AM