5 Keys to Becoming a Productive Realtor

February 16th, 2012

Being a Real Estate Sales Manager for almost a decade now it is absolutely clear to me that success in Real Estate, as well as in many other professions and industries, comes down to being productive on a daily basis.  It may seem easy to an outside eye looking in, but being consistently productive is actually extremely difficult.  It literally takes practice and a fair amount of focus to achieve.  Here are 5 keys to becoming a highly productive Realtor.

1)  Stay Healthy – To many of us health is something we take for granted.  In fact many times we don’t even consider health to be an important part of our lives until something goes wrong.  Being in the Real Estate Industry for over a decade now I can verifiably state that being healthy and having a tremendous amount of energy day in and day out is the foundation for success.  I am neither a nutritionist, nor a physical trainer, but I can tell you that health success comes down to a nutritious diet and consistent exercise.  About 8 months ago my wife Laura took charge of our diet by reading a great book titled, “Eat to Live”.  This is an exceptional book that will not only help you understand how important nutrition is to our bodies, but the author Dr. Joel Furhman, will actually teach you how to cook.  Since my wife opened the book about 8 months ago I have lost 20 pounds and have never been hungry.  In fact I eat more now they I ever have.  The difference is that I am consistently eating nutritious food.   If you don’t have your health in check, then it makes every other aspect of your life and business much more difficult.

2) Work in time blocks – In the age of smart phones, free wi-fi, hd television, skype, youtube, facebook, and all the rest of the reasons to waste time there has never been a more compelling time in history to develop the habit of working in time blocks.  As I am writing this blog I am sitting in the waiting room of my car dealer as my oil is changed on my car.  Not only do I have to block the time, but I have to physically remove myself from my house and my office to truly focus.  Let’s face it at home there are sometimes kids, spouses, laundry, dirty dishes, etc. .  At the office there are phones ringing, co-workers talking, “emergencies” to be handled.  All of this “stuff” will always be there, the question is are you going to take charge and shut everything off so that you can actually work and be an effective sales person?  Many studies show that 90 minute time blocks work best.  Go ahead and try it out, shut off the smart phone, and go somewhere quiet so that you can get that critical task done.

3) Eliminate distractions – Along with timeblocking is the simple elimination of distractions.  There are many ways to tackle this one, but allow me to give you a real life example of what we do in our Real Estate office in Warwick, NY.  About a year ago I completely reconfigured the interior of our office.  The point was to create a more productive work space for the administrative assistants and the Realtors alike.  Here has been the key: Get the Realtors out of the office and infront of their clients.  What we did was get rid of every desk in the office except for the reception desk.  What we installed are smaller, and more efficient “work stations”.  No one owns a work station, so this means that the Realtors need to clean up before they leave.  The benefits of our “no desk solution” are less distractions because our office is free of random paper all over the place, and more productive Realtors because they are not sitting at desks all day long. The Realtors are out on the streets with their clients doing deals.

4)  Learn to Say No – Our office location at 7 Main St, Warwick, NY is the perfect location for solicitation.  Even though our receptionist is very good at screening sales people there are many other solicitors that don’t look or talk like solicitors. Some of them are our kids, church members, family members, chamber of commerce members, friends, etc. . . The point here is as sales professionals not only are we highly visable, we are also much too quick to say “yes”.  Let’s face it, we are the competitive type and think we can break any concrete wall that is put in front of us.  Because of this we have a really tough time saying no to any legitimate request of our time and resources.  So here is a quick dialogue for everyone out there that struggles with saying no.  “I thank you for considering me for this (donation, position, request, etc. . .) but I have to respectfully decline.  I hope that you can understand that I have similar requests brought to me almost every day.  I do the best I can to accomodate everyone and be the best person that I can be.  However, if I were to say ok to all of them I would be out of business and unable to help anyone.  Of course no one wants that.  Perhaps I can help out next time.”   The point here is to first understand that you can’t be everything to everyone.  Secondly, we  just simply need to learn how to say no.  I can promise you that the last few times you have let people down it was most likely because you over extended yourself.  You would have been better served by saying no up front.  If you don’t say no, you put strain on yourself, and also on the person that you let down.

5)      Rejuvinate – The Realtors in our industry are probably the highest ranked “work aholics” in the world.  Not only are we extremely competitive and unrelenting sales people, but we as a community see taking time off from work as a weakness.  For the most part Sunday’s are a family day for me.  I simply shut off the phone, and computer and play husband and dad for a full 24 hours.  I can’t tell you how many fellow Realtors have huffed and puffed about the fact that they can’t reach me on Sunday.  The simple fact is that I have many support systems in place that allow me to take the time off, but it is still a challenge each week.  However, my thought process is this, “If I can’t take one full day off per week, then I won’t last another 20 years in the business.”  For me, my vision is long term.  It’s not about my success right now, but rather about all of the success that I want to achieve over the next 30 years.  Being that I am unwilling to allow my health to play second fiddle to my business I know that time away from the business will ultimately help me be more effective in the long term.  If you are a Realtor ask yourself “When was the last time that I COMPLETELY disconnected from the business?”  Sadly most people will say, “The day before I got in”.  Don’t allow your life to pass you by. Try a 24 hour period of time with absolutely no Real Estate Business.  I guarantee you are more fresh after the 24 hour break then you were before you entered the business.  Now do that at least once per week, and watch how your productivity grows.

 

This blog post was written by Geoffrey Green, Founder and Broker/Owner of The Green Team Home Selling System. Click here to read Geoff’s full bio.

State of the Community

January 25th, 2012

Last night while watching the State of the Union address by President Obama it dawned on me that about 40 million American’s were watching this man speak hoping that he would say something that would help turn this economy around. To me this is a preposterous notion to think that one man, or even 500 or so Politicians in Washington, can turn around the financial well being of our whole nation.  It is a flawed notion to think that these people, including President Obama, are going to be the force behind a  financial turnaround.  The change must come from our local Communities, and more specifically the average American Citizen.

Here is a good example.  Recently, I read the book “The Richest Man in Babylon”.  It was written in the 1920′s and was set in Ancient Babylonian times. Within the first few pages it states, “Babylon became the wealthiest city of the ancient world because it’s citizens were the richest people of their time.  They appreciated the value of money.  They practiced sound financial principles in acquiring money, keeping money and making their money earn more money.  They provided for themselves what we all desire . . . . incomes for the future.”

Doesn’t that sound like early America?  The richest city on earth, where people valued their money, and practiced sound financial principles?  Citizens “providing for themselves”.

At what point did we become a nation of over spending citizens?  I am not enough of a historian to know the answer to that question, but the point is somewhere in our recent past we lost the financial core values of what made this country great.  We have allowed marketers of debt and of “cache lifestyles” to take over our financial well being.  We allowed ourselves to simply live beyond our means.

So, of course, when you have a democratic nation of big spenders living beyond their means the government simply follows suit.  Should we really be surprised that our government is broke?  Aren’t we really to blame for this?  Is our government not a representation of it’s citizens?  I would say yes, and that includes myself.  I am not pointing fingers, but rather admitting that I and many from my generation have been part of the problem.

The solution then becomes very basic:  Our local communities here in the US, and the citizens within them, must re-institute a set of solid financial core values.  If we can do this our government will simply follow suit.  An informed and determined citizenry will elect the right officials, watch their local budgets more closely, and become more involved.  Over time the government will simply follow suit.  Our government is a democracy and that is what democracies ultimately do – follow the direction of it’s citizens.

In the end we have two choices as American citizens:  1) Take action in our own financial lives and in our own local communities or 2) Continue with the status quo and hope for the best.

Personally, I have decided to not only build and maintain a solid financial foundation for myself and my family, but I am doing my best to spread the word throughout my local community.  I am facilitating a course at my church on personal finances, and it’s opening the eyes of all of the participants to a brighter future.  It is bringing confidence and peace back into their lives.  I am a Real Estate Broker.  So this blog, and this course that I facilitate has no correlation to my profession, but it is in my opinion the best impact that I can make as a citizen. It’s time that we as citizens take control of our own financial well being, and stop worrying about how dysfunctional Washington is.  The time to act, one citizen at a time, is now.

Geoffrey Green

2011 Year End Housing Market Stats – Orange County, NY

January 20th, 2012

Have you ever heard the old saying, “No news is good news?”.  Well that is basically the overall update for the 2011 Orange County NY Housing Market.  Below you will find 5 graphs that represent 5 key indicators for the housing market.  Each one tells it’s own story, but when it really comes down to it there was not much change from 2010 to 2011.

So does it really mean that this no news 2011 market is really good news?  I think that the answer is yes.  This historic market downturn started in 2005 and slid sharply all the way through 2010.  For such a steep slide one would think that a “leveling out” would be sustained for a longer period of time.  In my opinion that is exactly what is going on right now.  We have seen a level market for about a year, and it’s my opinon that it will stay this way for at least another 6 -12 months before prices actually start to increase ever so slightly.

On the other hand, some other fellow Real Estate professionals tend to think that this “flat” period might actually be our recovery followed by another down turn.  That point of view is rather draconian, but it is held by many respected Real Estate professionals.  I do tend to be more of an optimist, and from my point of view it comes down to 1 thing.  This downturn has gone on long enough, and the market just has to get better in the near future.

From the perspective of The Green Team Home Selling System, the market is already picking up.  We closed out our best year on record in 2011, and saw an unusually high amount of activity in December.   January has followed suit.  We have seen an unseasonably high amount of new listings walking in our door, buyer showings being scheduled, and offers being negotiated.  Our Aim is to make 2012 even more productive then 2011.  Of course we can only achieve this with the referrals from our clients, friends, and family.

Thank you for taking a moment to read this blog.

Written by Geoffrey Green, Broker/Owner of The Green Team Home Selling System

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