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A growing business OR growing your business.

By
Real Estate Broker/Owner with Property Management Inc.-Destin

This is definitely a great time of year from many perspectives.  I love spending time with family, friends, business associates.  I love spending time in the office as well.  The office is quiet as most agents tend to work from home especially during the holidays.  I almost lapsed into reciting The Night Before Christmas  but refrained at the last moment.  

Most real estate agents don't realize that quality time spent working year round prevents the dips and bounds in production levels that are very common in the industry.  Working on your business is just as important as working in your business.  A yearly review of past sales, contracts gone bad, opportunities lost is a great starting point to building a stronger business plan for the next year.  A review of marketing efforts as well as the expense incurred is also the start of prepping for tax time.  I really do encourage all my co workers to do a business plan as the start to the New Year, waiting until January 1 is a little late, trust me.  Developing SMART goals this way is smart.  Contact me if you don't recognize the SMART goal reference.  

 

Comments(21)

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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

The annual review and great goals are essential, thanks Peter!

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
Bob

Dec 16, 2015 02:08 PM
Barbara Todaro
Keller Williams Elite - Franklin, MA
"connecting land with builders"

Good morning, Peter Mohylsky working diligently and "consistently" will result in a steady flow of business with NO VOIDS.... and that's the goal of everyone who works on commission.... good points with your post....

Dec 16, 2015 09:13 PM
Barbara Todaro
Keller Williams Elite - Franklin, MA
"connecting land with builders"

and welcome to ActiveRain, Peter....it's a great place to learn, share, market and network....and I hope you enjoy and benefit from all of it as much as I have over the past 6 years...

Dec 16, 2015 09:14 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Welcome to Active Rain!  As REALTORS who have been here (on and off) for more than 9 years, it's well worth it!

Dec 16, 2015 09:58 PM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Relaxing and enjoying the festivities of the holiday season is great but there are still plenty of business opportunities to be had. 

Dec 17, 2015 12:01 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Peter and thanks for joining Activerain.  I am having my phone ring this morning with people worry about the interest rate.  Very interesting!

Dec 17, 2015 12:25 AM
Mery Fernandez Empire Network Realty Luxury Brokerage
Empire Network Realty INC. - Orlando, FL
The Rise of An Empire, Let's Build Yours!

Hi Peter! Welcome to the world of Activerain, may your blogging  create a whole new chapter in your Real Estate Career.

Dec 17, 2015 12:35 AM
IRMA Beltran
Century 21 M & M and Associates-Turlock homes Real Estate - Turlock, CA
Your Real Estate Agent 4 Life Always there 4 You!

Welcome to Active Rain. Awesome first Blog.

Have a Wonderful Blessed Day!!!

Dec 17, 2015 01:46 AM
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Real Estate will always be a People Business !!!!!!!!!!!!!

Dec 17, 2015 02:41 AM
Susan Laxson CRS
Palm Properties - La Quinta, CA
California Real Estate Specialist

Welcome to ActiveRain and our "season" in Naples begins in a few weeks, but I agree that the down cycles of the seasons is a great time to evaluate your goals and organize yourself for the next upswing.

Dec 17, 2015 10:59 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Welcome to ActiveRain!  I'm still working although things have quieted down a bit in the last week or so.  It is important to keep going all year.

Dec 17, 2015 07:36 PM
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Great post, and welcome to Active Rain. Yes, loving having this down time to work and get ready for the great 2016!

Dec 18, 2015 01:39 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Peter Mohylsky, Welcome to the wonderful world of Active Rain and congrats on your first blog post. You are right about working year round to keep business going.

Dec 19, 2015 03:32 AM
Christine Gerbehy
Berkshire Hathaway Home Services Fox and Roach Northfield - Egg Harbor Township, NJ
Making waves, one home at a time...

Great post, Peter, welcome to the rain!

Dec 19, 2015 09:03 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Peter - No doubt that in this industry, we must always be prospecting for our next clients. Also, setting SMART goals can help you have a successful year.

Dec 20, 2015 02:36 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Peter, you are spot on, and if you slack off in December, February & March could likely be quite a slow month!   Welcome to ActiveRain! 

Dec 20, 2015 04:37 AM
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Congratulations on your first blog post and welcome to ActiveRain Peter Mohylsky 

Dec 25, 2015 02:06 AM
Nancy Robinson Ranked #6 in MI
Century 21 Town and Country - Royal Oak, MI
#11 Century21 Realtor in the US, #16 in the World

Welcome to Active rain  you will find if you are in a jam all you have to do is post a question or blog and many folks will reach  back right out to give you support, suggestions and insight. Glad you found the site.

 

Nice frst post!!

Jan 05, 2016 11:03 PM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Hi Peter, Great post… thanks for sharing! Also, Welcome to the Rain! ActiveRain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard. I look forward to reading your upcoming posts. If you would like to connect with me on ActiveRain, please subscribe to my blog! Welcome Aboard, Happy New Year and Much Success    

Jan 21, 2016 09:18 AM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Good evening Peter. I came across this post because it was listed in your most popular. Doing a review of successes and failures is good no matter when we do it! Quarterly, mid-year, or at the start of a new year!

Oct 02, 2016 12:54 PM