A blog for ambitious Real Estate Agents who want to learn the business mindset, systems, and growth strategies to increate their revenue without compromising their lifestyle
Time is your only non-renewable resource in real estate. Every hour you spend on low-return activities is an hour you can’t spend on high-return activities that actually generate income.
If you spend three hours daily creating social media content instead of making database calls, you’re looking at 1,095 hours annually of execution time that generates zero appointments. Meanwhile, those same three hours spent on strategic conversations could generate 52 additional appointments per year at just one appointment per week.
Let’s say those appointments convert at a modest 25% rate – that’s 13 additional transactions annually. At an average commission of $8,000 per transaction, you just cost yourself $104,000 by choosing content creation over conversations.
Here’s the hard truth we need to face about our current market reality.
This isn’t 2021 anymore. Those days of 30-day conversions and instant gratification are over. We’re in a completely different game now, and if you’re still using the same playbook, you’re going to stay frustrated.
Interest rates are higher, which means buyers are more cautious. Sellers are handcuffed to those sweet 2-3% mortgage rates they got during COVID, so they’re not exactly jumping to move into a 6-8% environment.
Video not loading? Click here to watch it on YouTube! I know that something is keeping you up at night – your real estate business’s bottom line. You may be hustling, closing deals, and seeing those commission checks roll in. But at the end of the day, are you really making money? If you’re not sure, you’re […]