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I AM A HORRIBLE REALTOR!!

By
Real Estate Agent with Coldwell Banker Residential

My name is Ken Tracy.  I am a real estate agent with RE/MAX Action.  And I am a horrible realtor.

The story begins with the day I passed my licensing exam in October 2005.  I was as bright eyed and bushy tailed as they come.  I was going to knock the cover off the ball.

I had just read the book, "The Complete Idiot's Guide to Success as a Real Estate Agent" written by Marilyn Sullivan.  A very good book by the way. 

I signed on with RE/MAX.  Nobody sells more homes than RE/MAX, right?  Somebody should have explained how expensive it can be to pay to work.  Desk fees.  Gas.  Signs.  Lockboxes.  Realtor dues. Without any income.

Since then, I have sold my car, sold my home, had a beautiful little girl named Erin, moved twice, and finished off what was already a declining credit rating. 

I am honest, hardworking, and fair. 

I have knocked on doors, hung flyers, held countless open houses, sent mailers, joined a gym, spoke with countless people, made thousands of calls and sent millions of emails. 

I have gone to real estate training classes.  I thought Floyd Wickman's was OK.  Countless office meetings.

Hours upon hours upon hours of busy work.  Tinkered with my website www.kensfeaturedhomes.com

Started Blogging (Thanks Active Rain!).

My total commission in two and a half years has been $94,000.  I might get half of that. 

And the strange thing is, I still love my job. 

Keep rocking!

Ken

 

Comments(142)

Ernie Steele
Lebanon, PA
Great post Ken...I'm starting year 3 myself and I've never spent more money in my life keeping my career going...BUT, I enjoy this so much I wish I'd done it years ago...Have a great weekend!
Mar 29, 2008 07:49 AM
Palm Coast Homes
100 Plus Realty LLC - Palm Coast, FL
Palm Coast/Flagler County Real Estate, The Ross/Co

Ken - Wake up and channel Stuart Smalley (am I dating myself ) everyday.  When I first started in this business I used to say to myself at least twenty times a say I am smart, I am beautiful & I make $10K per month. It was even my screensaver on my computer...I used to get alot of flack for that and I know that may seem odd to some people and maybe even a little insane...but guess what..within 2 months I may not have been beautiful and not everyone thinks I am smart...but I sure was making $10K a month.  What is the saying...you have to name it to claim it.

I would be interested where you are at in 2 months if you come up with a daily mantra...let me know...just for kicks...good luck...it will come ;-)

Mar 29, 2008 01:45 PM
Elizabeth Cooper-Golden
Huntsville Alabama Real Estate, (@ Homes Realty Group) - Huntsville, AL
Huntsville AL MLS
Ken, The first 3 years are typically spent building your business...after lots of hard work, which you are obviously doing, it should be all down hill from there for you! I think you have done very well, starting up in a declining market. Hats off to you! You are going to have a great business. Elizabeth
Mar 29, 2008 01:55 PM
Elizabeth Cooper-Golden
Huntsville Alabama Real Estate, (@ Homes Realty Group) - Huntsville, AL
Huntsville AL MLS
Ken, The first 3 years are typically spent building your business...after lots of hard work, which you are obviously doing, it should be all down hill from there for you! I think you have done very well, starting up in a declining market. Hats off to you! You are going to have a great business. Elizabeth
Mar 29, 2008 01:55 PM
Lisa Marie Thomas
Prudential - Salt Lake City, UT

there is a well known sportscaster for the utah jazz who says "you gotta love it baby"  that is how i feel about real estate...the jazz too

Mar 29, 2008 03:06 PM
Jamie Moss-Godfrey
RE/MAX Tri-City Realty, LLC - Rockingham, NC
GRI, CRS, ABR, CRB, ASP
I purchased a REMAX franchise in 2005 after working for another firm for 18 years.  Bar non-REMAX is a blessing to me, my agents and our community.  The owner trainer in Denver told us..."if you are REMAX in a small community, pack your stuff up & go back home...you will see doors closing in your town, when REMAX arrives".  It is true....only 7 firms when we opened and 3 closed within 1.5 years after our "Market Presence".  We have dominated the market since our second month in operation, last year produced more than all other firms put together!  We love it!  Very little is the strength of Me and my co-owner...it is REMAX!  I promise you that your earned professional fee is much greater than if you were with xyz Realty.  Good Luck to you! 
Mar 30, 2008 04:43 AM
Bill Exeter
Exeter 1031 Exchange Services, LLC - San Diego, CA
1031 Tax-Deferred Exchange Expert

Keep up the good work.  It will get you through this market and you will come out smelling like a rose!

Mar 30, 2008 06:25 AM
Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.
Ken - Most of us felt the same way when we were new in the biz.  I remember I was always writing checks--never receiving any!  You'll make it, but it takes time.  BTW, I lived on Sussex Rd. and in Hobson Village back in the 70s.  I still love Naperville/Chicago!
Mar 30, 2008 11:17 AM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hi Norma.  I live in Maplebrook, just a few blocks from where you were.

Thanks again for reading everyone,

Ken

Mar 30, 2008 11:43 AM
Jamie Friedman
eXp Realty - Kapaa, HI
Kauai Real Estate Connection

Hi Ken,  Want to build your business?  Add the names of all the amazing Realtors who responded to your blog to your CONTACTS.... market for referrals :-)

I admire your honesty, you are not a horrible realtor, just one who cares, loves his job, and can make a difference ~ it takes realtors like us a little longer to "gear up" but just wait, I bet next year you will be blogging about how busy you are!

I am a Hawaii RE/MAX Agent and my business got better by using the RE/MAX name to get RE/MAX referrals.  Call me or email and I will help you find helpful hints and tools at www.remax.net to get you more business!

 Jamie, RE/MAX Kauai www.AllHawaiiIslands.com

Mar 30, 2008 01:15 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
I see so many get in the business and then find out how tough it can be.  I guess I am one of the lucky ones who was in the industry many years ago and knew what to expect and had a business plan.  I too love what I do, but did not have to sacrifice near as much.
Mar 30, 2008 02:33 PM
Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate
Ken, hang in there.  These are tougher times but if you can keep your positive attitude and work ethic you will be great!
Mar 30, 2008 03:25 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Ken, I must echo Leonard Thomas's views as he expressed them. I just went to your site and this post is available to your consumers. At least you should think to amend this to a Members Only post. Beyond that Leonard's comments really get to the heart of this and Margaret's comments also speak to the fact that this post in public and you are clearly suggesting in the title that you are a bad REALTOR. Nonsense. However, If a competitor ever said that in public, they would or at least should be charged with an ethics violation. Until they march into the hearing and show this post , Titled " I am a Horrible REALTOR. You could still amend your title to make it read as a Question? Thought I would share these thoughts. I certainly do wish you every great success and you have inspired in many readers , compassion, and a willingness to help in a number of ways. Welcome to ActiveRain and I hope this year finds you blessed with great success.

Mar 30, 2008 05:59 PM
Allison Stewart
St.Cloud Homes - Saint Cloud, FL
St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904

You're averaging about $3133 per month and in this market, that  is about average depending on hwere you are regionally.  The problem for most professionals new to this business, is that there can be and often are long periods between closings-which the feast or famine of this business.

You'll be OK- hang in there! 

 

Mar 31, 2008 02:57 AM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hi Jamie, Randy, Diane, William, and Allison.

Thanks so much for reading.

Ken

Apr 03, 2008 09:15 AM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hello again.  Just thought I would revisit this favorite!

Ken

Apr 07, 2008 12:39 PM
Wayne B. Pruner
Oregon First - Tigard, OR
Tigard Oregon Homes for Sale, Realtor, GRI
You have what it takes Ken. Hang in there. You will be one of the good ones.
Apr 25, 2008 01:22 PM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Thanks for saying that Wayne.  Thanks for reading.

Ken

Apr 25, 2008 02:13 PM
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Wow.  Over 1500 clicks proclaiming my horribleness!

Ken

Sep 09, 2008 11:06 AM
Sasha Miletic - Windsor Real Estate
RE/MAX Preferred Realty Ltd. - Windsor, ON

Hi Ken,

Really good introduction. Do smart work. all the best.

 

Best -Sash

Jan 04, 2010 04:30 AM