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The A, B, C and D's of Real Estate.....

By
Real Estate Agent with Prudential Hickory Metro Real Estate

Years ago I was taught that there is a hierarchy of daily tasks in real estate that can best be described as follows:

"A" activities = those activities that are income-producing in nature.  Example: listing presentations, showing appointments, negotiating offers, etc

"B" activities = those activities that support "A" activities.  Example:  preparing CMA's, previewing homes, organizing, etc.

"C" activities = those activities that improve our skills.  Example:  training classes, sales meetings, etc.

"D" activities = those non-business activities that have nothing to do with real estate. Example:  personal and family time, golf, etc.

Well frankly....lately I seem to be having more fun with category "D"!  Perhaps it is the time of the year.  Perhaps it is the climate of business.  Perhaps I've lost my zeal for real estate.  Whatever the case, I have concluded that "D" activities are more fun but do very little in paying my mortgage and utlilities.  And I'm pretty sure that my creditors almost insist that I concentrate on my A,B and C activities! (secretly I don't think that they don't want my golf game to improve)

If I were smart in math (then I probably wouldn't be listing and selling homes) maybe the magic formula would be:  X (success) = sum(A+B+C) - D

Or if I were a philosopher the quote might be:  "Seek first your fortune and the leisure shall follow".

But alas...I'm stuck with only my wife's clear and decisive voice saying..."get out of the house and make some money!"

                                                                     

Renee Arnott
Keller Williams - Mount Juliet, TN
Nashville TN Area Realtor

Ken, you are not alone.  I seem to find lately that I am into much more of the "D" activities myself. They do seem to be a lot more fun.  Yet the don't pay very well at all!!!

Sep 02, 2008 12:08 PM
Royal Goodman
Royalty Home Solutions - Madera, CA
"We Treat You Like a King"

Ken. Thanks for sharing. I really enjoy "c" I really enjoy the training. Thanks, Royal..

Sep 02, 2008 12:11 PM
Chastity Guevara
Camelot's Quest Realty - Casa Grande, AZ

You make very good points Ken.  While I am not a selling agent...I'm a property manager...I can attribute these points to myself as well.  The more appointments and showings I am on, the more accounts I bring into my company, the more money I make as well.  But I agree...sometimes the D activities are much more appealing.

Sep 02, 2008 12:12 PM
Garren Grup
John R. Wood REALTORS - Naples, FL
REALTOR, ABR, CNE,CDPE, GRI, Naples & Bonita Springs, FL

I think many of us look at our activities on social networking and blog sites asnd think they may be a D activity.... with a long time payoff the could equal B and trigger lots of A's.

Just another perpective to consider... Welcome to ActiveRain Ken!

Sep 02, 2008 12:17 PM