Tipsy Tuesday #10 - Find Out How You REALLY Spend Your Time / K&C Iced Tea

This is my first blog post with my new iMac, and I am having to relearn all the text formating commands, etc...hopefully you will bear through anything that might look odd in this issue and know that by next issue I will have it down!  I hope you enjoy the Tipsy Tuesday blog posts! Please subscribe to my blog so you won't miss any! 

• Tip #10 – Find Out How You REALLY Spend Your Time

This exercise will show you what you are wasting time on, what important activities you should actually be doing more of, what you should be outsourcing, etc...  It's a very informative tool, which if you have the patience, I recommend doing it for a whole week, but even these short 48 hours will shed a lot of insight into your daily activities.

1. Schedule out your next two days with everything that you should do, appointments, commuting, eating, etc...  (if you would like the form that I have created for this purpose to make things easier, simply email me and I will gladly send it to you within 24 hours.)
2. Once you have that done take another copy of the same form, and keep it with you for the next two days - record everything!  Be detailed in your work activities...don't just say "work"...say "listing management", "listing presentation", "showing property", etc...
3. After the two days are done...walk away for a day.
4. Now that you have been away from the project for a bit, things will seem more clear to you.  How different is your "scheduled 24 hours" from your "actual 48 hours"?  This will better assist you in future calendaring activities.
5. Now look at your "actual 48 hours" - what are you spending the bulk of your time doing?  Is it the administrative tasks such as listing maintenance, advertising management, website maintenance, client correspondence, marketing, etc...?  Or are you spending the bulk of your time interfacing with clients, whether showing property, listing presentations, networking, etc - activities that actually produce income?  Are you just wasting way too much time?  Are you not spending nearly enough time with family and friends?
6. Now it's time for making changes.  Keep doing what works for you...in other words, you should be focusing on the activities that generate income.  All the administrative stuff, repetitive stuff, listing management, website maintenance, contact campaigns, etc... if you have any way of doing this, I really suggest hiring either an inhouse assistant (if you have more than 30 Active listings at any given time then chances are you might come out better with an inhouse assistant rather than a Real Estate Virtual Assistant - but it is strictly your preference of course) or a Real Estate VA.  As the saying goes, do what you do best and outsource the rest!) Now kick the time wasting activities...sitting in front of the tv for hours on end, staring at the Internet without purpose, etc...these things aren't helping your business at all!  Either take that time and spend it with your family or get out there and connect with potential clients.