Grateful For Those Who Guided The Way!

By
Real Estate Agent with GreatWest Realty DRE# 00827565
https://activerain.com/droplet/5gZG

Trade secrets are common practices that major corporations implement in order to sustain their success. They often travel great lengths to preserve the proprietary ingredients of their products.  Pepsi, McDonald’s and Kentucky Fried Chicken - to name a few.  Writers can copyright the written word and songwriters the notes to their tune.

Occasionally, real estate professionals will debate the pros and cons of sharing trade secrets.

Thirty seven years ago, in November 1981, I remember thinking I was entering the really "cut-throat" business – Real Estate!

There were about a dozen experienced and seasoned real estate agents in the first office I was associated with. I was the rookie.  Imagine my shock when I asked the question, "What's the interest rate these days?"  The answer was an incendiary 18%.  I wondered how I could sell real estate in a market like that? 

The agent at the desk behind mine coaxed me to open an MLS book and search for the 1 in 20 houses, which had an assumable loan - Homes with low interest rate, and little equity.  They were the properties, a buyer with a little cash for a down, could assume the existing loan, or take it “subject to.” And, if need be - possibly put on a second for a few years!

Without that 3-minute suggestion from that very experienced and helpful agent, my "career" would have been significantly handicapped getting off the ground.

Soon after, another agent walked me to the supply drawer, and helped me assemble a Buyer package, and a Listing package.  Again, it was other experienced agents in the office, who mentored me to my beginning success.

I remained in that office for the next 10 years, until it closed its doors to the California real estate bust of 1991.  But, over the years, I repaid those helpful agents, by helping them tend their escrows, when they went on vacation, or by letting in an occasional appraiser, home inspector, or termite repairman, etc.

As far as tricks of the trade, or tools of the trade - What I've learned over the years, is there are certain basic truths to what we do to be successful in this business.  However, it is our personality, and unique characteristics that ultimately set us apart from one another, that will have us appealing to one client, and perhaps not another!

I always make an effort to share my "tricks of the trade."  More often than not, I've received more in return, which occasionally I evolve into my own style and presentation.

At the end of the day, I think we are all the better for it!


Most all those agents, who mentored me in those early days, have passed on to the Great Open House in the Sky! But, I remember them all with enduring appreciation and fondness!

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  1. Will Hamm 04/11/2019 05:01 PM
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Rainer
92,988
Lynne Ruffin
Lynne RUFFIN - Norfolk, VA
Web Styles

Great post, Myrl!  Early on in my career in real estate seasoned agents showed me how to go after HUD/VA Buyers and I did.  I learned and practiced so much I was called the HUD/VA Queen because I was aggressive with turning renters into buyers.  I try and give back by sharing my strengths even with seasoned agents on tech stuff. 

Jan 27, 2019 12:38 PM #27
Rainmaker
3,826,342
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good afternoon Myrl Jeffcoat ,

Congratulations on the well deserved featured post! I love it...I had many agents who helped mentor me along the way and I in turn love to share my knowledge with agents just starting or those who want to bounce something off another agent. It takes a village and my office is the best of the best which is why I've been here since 1995!

Jan 27, 2019 12:54 PM #28
Rainmaker
2,502,773
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Myrl, not many agents helped me in the beginning, but my broker was great ad went the extra mile.  I help new agents in my office and I am mentoring one now.

Jan 27, 2019 01:02 PM #29
Rainmaker
630,386
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Beautiful post about your start in Real Estate. Lot os Realtors today dont even know what a MLS book is!  Real Estate has always had many nurtuting helpful people. Mny of them are the top producers because this carries over to their clients and how they do business.

Active Rain is proof of the sharing and caring of the industry leaders. 

Thank you Myrl for all you share! 

Jan 27, 2019 02:42 PM #30
Rainmaker
525,468
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

Mentors are invaluable and you were wise to be open to their advice. My mentors have key to my success!

Jan 27, 2019 03:07 PM #31
Rainmaker
457,873
Michael Eisenberg
eXp Realty - Bellingham, WA
Bellingham Real Estate Guy

Myrl, You were fortunate to have some great help, when I started I had a few classes in my brokerage but I was pretty much on my own. It's great to have a good mentor.

Jan 27, 2019 04:18 PM #32
Rainmaker
2,770,618
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Gratitude is the way to every good thing iand a good way to spread the good vibes and love is to pay it forward.

Jan 27, 2019 04:53 PM #33
Rainmaker
2,770,618
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Michael Ivanov It’s always great to have a little help from our friends, justvthe Beatles used to say. It’s definitely the way to go and it’s definitely something we all appreciate.

Jan 27, 2019 04:55 PM #34
Ambassador
3,339,609
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I absolutely love this post, Myrl! I feel the same way you do - giving back to those who helped guide the way for us is the least we can do! Paying it forward is very important in this life.

Wonderfully written and congratulations on the feature!

Jan 27, 2019 07:31 PM #35
Rainmaker
1,445,421
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

It is fantastic that you entered an office with helpful agents! That helped you get off the ground right away! Wonderful post.

Jan 28, 2019 03:11 AM #36
Rainmaker
3,017,333
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

What a nice story Myrl Jeffcoat. In 33 years of doing this, i have seen many agents come and go. The bottom line is those that shared, helped, guided and were open to working together, lasted while those with secrets, closed minds and going solo did not.  

Jan 28, 2019 05:24 AM #37
Ambassador
2,223,275
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Thankfully, you had a few professionals who were selfless, helping to encourage your success Myrl. Being grateful was the result shown when they, in turn, needed assistance. Congrats on your amazing career!

Jan 28, 2019 05:31 AM #38
Rainmaker
5,419,757
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Myrl, for sharing some of your positive career experience.

Jan 28, 2019 06:02 AM #39
Rainmaker
2,463,269
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Used to be that the goldmine of knowledge & experience lived in the same house-hold passing down without effort the "must knows". This system works

Jan 28, 2019 06:41 AM #40
Rainmaker
778,598
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

If people in an office are willing to share tips with each other and to help each other the whole office benefits. It never hurts to help others, as I like to think, it is loading the good karma into my wheelbarrow for use later.

Jan 28, 2019 07:07 AM #41
Rainmaker
1,140,470
Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

I love this post.  Sharing knowledge and experiences with others not only helps them but helps us ten fold. I am making a real effort this year to share more of my own gifts to help others.

Jan 28, 2019 08:34 AM #42
Rainmaker
1,231,599
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Myrl Jeffcoat , Congratulations on the well deserved feature. I remember those days of high interest when you started.  It was a time that we all want to forget. Your gratefulness shines through this entire post.  That is what makes you who you are. I am sure many of the agents you have worked with are thinking those same kind words about you. They are lucky to have you as a mentor and colleague. 

Jan 28, 2019 03:45 PM #43
Ambassador
4,009,697
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Myrl:

I really enjoyed your story, and agree wholeheartedly with your philospophy. I think we can all benefit by helping when help in needed or requested. One of the things I value about being here on AR is the sharing that is so pervasive from so many.

Jeff

Jan 29, 2019 05:47 PM #44
Rainmaker
980,189
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

That's a great story Myrl.  Those helpful senior agents made a real difference for you and obviously you never forgot their assistance.  Part of their interest in you is that they know the type of person you are and an asset for the company :)  Good for you!

Jan 31, 2019 09:35 PM #45
Rainmaker
3,631,204
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Myrl. What a wonderful post. Youare right, we don't live in isolation even in business. I loved this story.

Apr 12, 2019 04:30 AM #46
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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