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Real Estate Sales Advice 2024

By
Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

Real Estate Sales Advice 2024

2023 witnessed a sharp decline in overall home sales. Both rookie and seasoned agents struggled in the face of higher interest rates, lack of inventory, and overall concerns with the economy. Yet even in challenging markets, there are opportunities  around us. As a 16 year pro, here are some tips for making 2024 a great year.

1) Pay attention to your database- As Mike ferry says, " your database is your gold mine". For newbies, a real estate database is simply a collection of people who know you and may be open to doing business. Don't let those business cards camp out in your purse. Add names to your database EVERY BUSINESS DAY! 

2) Control Business Expenses- When transactions are plentiful, we tend to invest money back into our business. Over time we stop using some products, and may forget to cancel the monthly service. After a midyear review, I found over 100 dollars of monthly fees for services I no longer use. There are apps that will help you track, manage, and even cancel such services. 

3) Mastermind with success agents-- Activerain is a cheap (but efficient) way to accomplish this. Invest 30 minutes at lunchtime and read member posts. Can't count the amount of stuff I've learned (and friends made) on this platform. 

4) Stay away from the office coffee drinkers-- In a downmarket (actually all markets) agent chat can be negative. The last thing that will help a struggling agent is to burn time listening to others complain. 

5) Follow A Daily Schedule-- It's easy to spend your time going from one real estate fire to the next. This results in a lack of searching for NEW business, and then income rollercoasters. INVEST AT LEAST 90 MINUTES EACH DAY GENERATING NEW BUSINESS. 

6) Protect Your Mindset-- Avoid the news (especially in an election year), watch less tv, and read more. Workout on some level 3-4 times a week. When you have negative thoughts, acknowledge it and move on. Never dwell...

In your market someone will buy or sell real estate today. The question is will YOU be involved in the transaction? What other advice do you have for making 2024 a GREAT YEAR IN THE BUSINESS??

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Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida and Louisiana. Each office independently owned and operated

 

 

 

Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Doug and great information to share with us here in the Rain today.  Make it a great weekend.

Feb 02, 2024 08:25 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Doug just curious why you do not take advantage of this platform and interact with the community? I must say I have had referrals and friendships that developed because of it, Endre

Feb 02, 2024 10:28 PM