It's Time To Think About 2024!

Real Estate Agent with Innovative Realty Solutions Group BK3158345

It's that time when you should start planning for the new year. If you are not planning for success, you are planning for failure.

Don't just say something like, "I'll be more successful next year."  Be SMART.

S - Smart

M - Measurable

A - Achievable

R - Realistic

T - Timely

How often during the year do you compare your results to your plan to see where you are?  Do you adjust your plan?  Are you accountable to someone other than yourself for setting and achieving your goals? An accountability partner is a critical part of your success.

A goal is not "lose weight".  A SMART goal would be "I will lose 20 lbs by June 30".  

The action items are the things you must do to accomplish the goal. 

Action items to lose weight might be to eat 3-4 ounces of lean protein three times a day, eat 1.5-2 cups of vegetables twice a day, eat 2 servings of fruit a day, drink 8 - 8 oz glasses of water per day.  Or I will ride my bike 45 minutes 4 times a week or swim for 45 minutes 4 times a week.  

Yes, weight loss can be part of your business plan, if you want it to be.  If you are healthier, it will help you get your work done with less stress. But it's not SMART to say you will lose 100 pounds in two months.

A business goal might be to list 8 homes at an average of $350,000 per listing.  Action items might be to reach out to 5 past customers per week who might need to upsize or downsize.  Mail 3 CMAs to past buyers with updated values and market conditions per week.  Attend HOA or neighborhood events.  Participate in community garage sales.  Sponsor a local youth team.  Advertise in the community newsletter or start one if none exists.  

Have you started to think about next year and what you want to accomplish? What are some of your key goals for next year?  

Comments (3)

Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Hello Dee. Your advice on SMART goal-setting for 2024 is spot-on! Planning for success with specific, measurable, achievable, realistic, and timely goals is a game-changer. The emphasis on accountability and actionable steps adds a practical touch. A must-read for anyone gearing up for a productive and purposeful new year!

Nov 11, 2023 12:08 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Nov 13, 2023 03:04 AM
Roy Kelley
Retired - Gaithersburg, MD

This is timely advice to share. Some forget to set personal and family goals along with business goals.

Have a productive new year!

Dec 12, 2023 08:17 AM