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ActiveRain Contest-what have I learned about growing my business

By
Real Estate Broker/Owner with Regal Realty of the Treasure Coast LLC

ActiveRain Contest-what have I learned about growing my  business.

I have been in the real estate business for a long time now,  since 1995 to be exact.  I originally was a loan officer and became a mortgage broker running my own company until the depression of 2008.  Every bank I used to do my loans went out of business one by one, day after day, week after week. 

Fortunately for me, I  already had my real estate license, so when things went bad on the lending side, I focused on the sale side of real estate.  I now was in real estate 100%  and it being my only source of income.  So now instead of just assisting my mortgage customers find homes or seller their homes, I was helping anyone who needed my help.

From then until now I have found that the most profitable thing about my business is consistency.  I have proved it over and over again. 

Setting time aside in your week to market is of paramount importance.  Do this and you will have a steady stream of prospects to work with. 

I have fallen into the trap that I get too busy with all the leads and processing the transactions that when I come up for air I am back to square one.  I was too busy working all the deals that I was too busy to market, so my immediate prospects were depleted.  This is a big no no, one I learned the hard way.  So may of us have fallen into this trap.  But we must no matter what keep up our marketing.  If we get too busy then we need to engage an assistant to do the marketing for us and maybe a partner to help with the overflow.   (Children come in really handing for some of the mundane tasks we do, and they are really cheap.)

Whether it was my mortgage business or real estate business consistent marketing has been key to my success.

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I am  certified from the National Association of Realtors for being a Short Sale and Foreclosure Expert. 

If your are looking to sell or purchase a home in South Florida CLICK HERE to contact me to assist you with your real estate needs.

 

                              

  

Merline Pennant

Realtor/Broker

Direct Line: (772) 985-7653

email: Merline@RegalRealtyTC.com

Website: RegalRealtyTC.com

 

Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Merline.

Great lesson in that TIME MANAGEMENT is the KEY to SUCCESS.  Of course having a team beside you will only help you grow to the levels never before dreamed. 

Sep 14, 2013 11:40 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Merliene, yes we all fall into that trap and it's important to stay focused even if that is hiring an assistnat to do our marketing. It's interesting that you dabbled in Mortgage. Thanks for sharing...

Sep 14, 2013 11:51 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Merline, We all need to remember this and have fallen prey to the bad habit of letting ourselves get too wrapped up in the small stuff and drop our marketing efforts.

Sep 14, 2013 11:52 AM
Merline D Pennant - New homes, Short Sales and Pre-foreclosures
Regal Realty of the Treasure Coast LLC - Port St Lucie, FL
New City, New Towns, New homes

Kevin, A good team in place is good too.

Bob, Yes that is how I because an agents, my buyers wanted me to show them the houses. 

Debbie, It is the small stuff that will distract you and the small stuff that will cause you to sink.  We need balance.

Sep 14, 2013 12:19 PM
Christine O'Shea
Christine E O'Shea Broker - Naples, FL

Merline, Sometimes I feel that the Real Estate game is like playing Leap Frog, jumping from transaction to the next, getting the deals through and going all over again!

Sep 15, 2013 10:09 AM
Simone Bercu
Metro Referral - Palm Beach Gardens, FL
Not state specific Real Estate - GRI, e-PRO, AB

Merline, consistency is probably one of the most important traits an agent can possess.  I hope you can keep it up.

Sep 15, 2013 11:38 AM
Merline D Pennant - New homes, Short Sales and Pre-foreclosures
Regal Realty of the Treasure Coast LLC - Port St Lucie, FL
New City, New Towns, New homes

Christine yes it does sometimesfeel like a game

Simone I am working on keeping it up. Thanks.

Sep 16, 2013 01:15 AM