Leverage Your Time, Energy and Money in a Busy Real Estate Market — RISMedia |
There is a huge difference between a company and a job. When you have a job, you stamp yourself in, stamp out and get paid on time. However, when you work for yourself you are creating your own path by getting out of your business what you put into it. This gives you wonderful freedom and the ability to be in charge. The downside is that with limited amount of time, energy, and money, juggling all of your daily activities can be challenging, especially in a busy real estate market.
Follow these steps and you will be sure to utilize all of your resources and achieve success at the highest level.
Invest time, don’t waste it
When you’re starting out in the real estate industry, figuring out how to divide your time to manage lead generation, appointments, customer meetings, and day-to-day life can be difficult. The trick to achieving more is to establish a set routine so that you avoid time-consuming distractions. Start and end your day at consistent times. Then, set your priorities and know what you want to achieve and block the time devoted to dealing with email or social media. There will always be problems that crop up, but with a set routine you have a better chance of checking off your most important tasks.
Avoid energy guzzlers
Negativity can drain your energy, so make a concerted effort to stay away from drama and anything that could throw you off track. Instead, set yourself strong goals, keep an eye on the price, and track your progress. Knowing how far you have come and what you have achieved will give you momentum and encourage you to move forward regardless of the challenges.
Control your expenses
It is vital to be in control of your money. If you want to build successful habits for your business and life, you need to get a grip on your finances. First, create a budget – and stick to it! Check this plan regularly and make cuts as necessary to ensure that excess spending is eliminated. With every commission check you receive, be sure to include taxes and reserves so you don’t miss out. When it comes to your finances, pursue the 70-10-10-10 philosophy: live on 70%, save 10%, give 10% and invest 10%.
100 Days to Greatness® is Buffini & Company’s brand new real estate agent training program for new real estate agents. The program helps you start your career right from the start. With clear, easy-to-understand content and weekly step-by-step action plans, you’ll find out everything you need to know to save your time, energy and money and thrive in the real estate industry now and for years to come.
Brian Buffini is the founder and chairman of Buffini & Company, the largest training and coaching company in North America. Buffini & Company, based in Carlsbad, California, has trained more than 3 million business professionals in 41 countries and coached more than 25,000 business professionals.