by Rick Davidson | Nov 5, 2018 | Appointment Setting, Best Practice, BluePrint Of Success, Coaching, Don't Settle, Dreams, Goal Setting, Habits, JPAR, Master Mind Group, Mindset For Success, Real Estate, Success
Last week we conducted an amazing business plan session via zoom, and well… we forgot to record it! Human error. Well, our error is your benefit because here is a cliff note version of that session.
Nationally about 3% of agents create 20 or more transactions a year, yet at JPAR nearly, 8% of our agents create 20 or more transactions. Why is that?
Better planning that leads to better execution.
So, what are the secrets of those highly productive agents?
- They don’t wait. They start business planning in October. Face it, residential real estate typically runs in 90-day cycles. If you wait until December to look at your 2019 business plan, the first quarter of 2019 will already be set, done and all but over.
- They are very CLEAR on their WHY, their VISION, and their unique selling proposition… the one thing that differentiates them from all others.
- They rely on more than one source of leads. With a mindset of “always be testing” they have tried and failed, yet over time have created at least 4 different sources of leads.
- They understand the source and cost of all leads… which ones convert, and which ones don’t.
- They understand that trying harder simply doesn’t work. So, they don’t expect to do the same thing and get a different result. You might want to read YOU SQUARED by Dallas based business coach Price Pritchett.
- They break everything down to the simplest terms. A daily number and a daily activity.
Bonus secret? Those highly productive agents that are crushing their goals have surrounded themselves with a mastermind group that meets consistently to discuss the business plan, execution, challenge assumptions and holds each other accountable.
So, there you have it, 6 steps to a better business plan and one killer bonus secret. What will you do to up your business planning game this week?
Looking for business planning templates? Reach out to us via www.exceedingexpectations.info
Coaching? Take us up on a free coaching consult to see if coaching is right for you: www.jparcoaching.com
#WinTheDay
by andrew | Oct 22, 2018 | BluePrint Of Success, Habits, Mindset For Success, Priorities and My Time
Do you enjoy the Facebook memories feature as much as I do? Recently a memory came up for me from a time when I was really into the sport of golf… at that time I had hired a “Master PGA professional” as a coach and my handicap dropped in half. Coaching works. The picture I posted was a golf ball inside the cup with the caption: “The main thing… get the ball in the cup in the fewest strokes possible. No need to make it more complicated than that!”
The main thing… get the ball in the cup in the fewest strokes possible.
For me, I learn by analogies… how one thing is just like another. Sports, music, and theater have great analogies for business. This memory reminded me that real estate sales has one main thing too…setting appointments. The more appointments you have in your schedule each week the more successful you will be. The objective of all real estate marketing and prospecting is to create more appointments!
Every time I meet one on one with someone seeking coaching on their real estate practice, I enjoy listening to the stories of why they don’t have time to do the little things they already KNOW will make a difference.
“Mark, I don’t have time to prospect consistently; I don’t have time to eat properly during the day; I don’t have time for a date night with my partner; I don’t have time to work out.” And the list of excuses goes on and on and on. Think about it, the most unprofitable item ever manufactured is an excuse.
So, what does any of this have to do with making more real estate appointments? You see here’s what I know, from working with peak performers and highly successful people all over the world… keystone habits matter. Some habits are more important than others. Keystone habits don’t create a direct cause-and-effect relationship, but they can spark chain reactions that help other good habits take hold. Examples would be exercising… exercising can help you eat better; family dinners can create greater bonds outside of meals; planning your days and time blocking can lead to stronger focus throughout the day.
If you don’t have time for the small things you won’t have time for the big things.
Taking action: Start by making ONE adjustment to your daily routine immediately. You KNOW what it is… write it down right now. Text it to your partner with a commitment and ask them to hold you accountable.
You might struggle a bit the first day, or the second day… yet one day you’ll master it. And then you can add the next keystone habit to your arsenal. You see it’s about keeping the main thing the main thing.
“Typically, people who exercise, start eating better and becoming more productive at work. They smoke less and show more patience with colleagues and family. They use their credit cards less frequently and say they feel less stressed. Exercise is a keystone habit that triggers widespread change.” ~ Charles Duhigg, The Power of Habit
#WinTheDay
by andrew | Oct 15, 2018 | Best Practice, BluePrint Of Success, Coaching, Don't Settle, Dreams, Goal Setting, JPAR, Priorities and My Time, Real Estate, Sucess Goals
We are on a mission… a mission to create the most productive brokerage network in the world. That requires transformation… I was thinking, wouldn’t it be cool if it was as easy as the type of transformation Clark Kent goes through when he becomes Superman, or when Diana became Wonder Woman?
Here’s what I know, to achieve all of our dreams some type of transformation is required. And unless you are blessed with superpowers, transformations don’t happen in isolation. If you’re stuck, get in a small group. If you’re on track get in a small group. If you’re crushing it I suspect you’re already in a small group. None of us will transform without the power of being in a like-minded mastermind group where you can share, discuss, challenge and get some accountability.
Consider starting or joining a group this week. Don’t know what to discuss? Consider these possible themes:
Possible Topics:
6 guidelines for business transformation. 1. Let the consumer drive your direction; 2. Decide what type of transformation you need; 3. How to involve your team, vendors and support network; 4. How to say NO to the comfort zone; 5. Being open, listen to others and be prepared to change as conditions dictate and 6. Best practices to never stop… never stop with a continuous improvement mindset (make it better, make it better, always make it better).
Possible Topic:
The JPAR quarterly review or business planning templates and how you plan to close the year strong, fully prepared for 2019.
Possible Topic About Marketing:
As you think about closing the year strong and starting the year fast I’d ask you to consider content-based marketing.
Content-based marketing is about marketing your real estate services based on the consumers intent to engage.
Marketing to the consumer’s intent is expected to produce a better ROI over more traditional methods, mostly due to specific targeting and higher quality responses.
One idea you could execute would be white papers that you hire out Fiverr or write yourself along with an associated “push and target” distribution campaign to drive leads. Examples:
4 reasons to sell and buy in Flower Mound
6 ways to increase the value of your home in Frisco
7 things I bet your real estate agent never taught you about Austin real estate market
Many social media companies allow you to target a likely seller or buyer by way of geographic area (ex. 10 mile radius from a property), age (ex. 35-50), income (ex. at least $50,000 and less than $80,000), and even credit score (cool, right?). And others like SmartZip offer predictive intent based tools for the modern real estate agent.
So there you have it – at least 3 major topics to get started on in your small group. When will you begin?
by andrew | Sep 26, 2018 | Appointment Setting, Best Practice, Don't Settle, Dreams, Goal Setting, Mindset For Success, Real Estate, Service, Success, Success From Scratch, Sucess Goals, Top Agent, Top Producer
Jason Todd, says helping veterans is one of the most rewarding parts of his real estate practice. He started his real estate practice after 15 years in retail management where he was working 80 hours weeks – including weekends and holidays. Today he has a great work, life balance and runs a successful team that is exceeding expectations on a daily basis.
Watch today’s episode to learn more about Todd’s fundamentals of success.
“Everybody needs to have a reason ‘Why’ they do it.”
– Jason Todd, JP and Associates REALTORS®
by andrew | Sep 24, 2018 | Best Practice, BluePrint Of Success, Don't Settle, Mindset For Success, No Regrets, Success, Sucess Goals
Last Friday’s Success Hot Line – 973.743.4690 – reminded me of what I already know: the 5 words that kill more dreams, more potential and more happiness than any other 5 words spoken: “I don’t feel like it.”
I’m not sure of your dream, yet I suspect for many of you it’s more financial freedom, better health, stronger relationships and more connectedness with your community. Yet let’s face it, so many times when you are about to start something toward those dreams the onslaught of excuses flood your mind like water gushing out of a broken pipe. The theme of these excuses always traces back to the same root… “I don’t feel like it.”
How many times have you said, “I don’t feel like it?” How many times have you listened to that thought, allowing it to alter the course of your actions? What if you could make a different choice?
Here is what I know, “I don’t feel like it” is the universal human condition that silently kills dreams. Yet you and I don’t have to accept this dream killer. We can all overcome the feeling and move powerfully towards our goals and dreams. It starts with intention… the intention to live on your terms not the terms of your moods and feelings.
Next time you say to yourself “I don’t feel like it,” consider this 4-step guide to snap out of that feeling and make a choice for action.
Step 1: Put Your Body In Motion
Emotion is created by motion. In other words, emotions are linked to movement in our bodies. Think about it… observe your posture when you are slouching, or happy, as opposed to when you are sad. Or what you look like when you are angry, versus when you are elated. Our mothers were correct, proper posture means more than just looking good.
Try this little experiment, right now: stand up smile and raise your hands above your head and say, “yes, yes, yes!” Did your mood change? When you are low on energy, I’ve found movement, any type of movement… getting the body in motion helps. Walk around your office building, if you’re sitting stand up, rub your hands together rapidly. Movement and breathing can change your energy level quickly.
Step 2: Hydrate More
Dehydration is one of the most common preventable medical conditions in the world, and yet it affects millions. For something so common, most of us are unaware of its dangers.
CBS reports nearly 75% of us simply don’t drink enough water. 10 cups per day is prescribed by the institute of medicine. When you function daily in a chronic and persistent state of dehydration you lose focus, you lose energy, you lose your attention span and you increase irritability quotient. Simply drink more water.
Step 3: Accept Your Emotional Level Then Redirect
Whatever you are feeling, give yourself permission to feel that way. Instead of denying the reality of your feelings acknowledge them. Consider sitting with them for a moment and then make an active decision to regroup. What’s that famous quote? “You can’t stop the birds from flying around your head, yet you can stop them from making a nest.”
Accept, reflect then redirect.
Step 4: Take Action Towards Your Intention
Instead of listening to “I don’t feel like it” now you are in a position to take a different action. To overcome your feelings and move towards your dreams. In business and in life, you state your goals and plot your course for reaching them. However, there will be many days when you don’t feel like doing the work, yet go ahead and do it anyway … “feeling like it” is not a pre-requisite.
Final thought… who’s in charge, you or your feelings of “I don’t feel like it?”
#WinTheDay #RIPCDJ
