Only 2 in 10 Real Estate Agents are still in business after 2 years. Why is the failure rate so high? Here I will identify the top 10 most common reasons Real Estate agents fail.
#10: Failure to Offer Real Value
Most consumers don't know the true value of a good real estate agent. The job of the realtor is to find a way to articulate the value they bring to the transaction to their client. This can be done a number of ways...
#9: Failure to Connect With Their Target Audience
I've received thousands of surveys over the years from my students on from those surveys, only about 30% of agents have a business plan that truly details who they will focus on. Making sure you know who your target audience is key to being efficient in your marketing.
#8: Failure to Create an Effective Sales Funnel
A sales funnel can go a long way in capturing leads for your business. Start with a wide net to improve awareness, then create a funnel where people will be directed to your website to...
Whether you are new to real estate or a 20 year veteran, understanding how much money you are spending at home and how that inter-relates with your business is a critical first step to creating financial freedom and better control of your overall finances. In this quick video, I cover the 4 buckets of expenses and why understanding these is important for your financial health. This is video #1 of a 10 part series on running your business like a business.
What's the difference between the agents that get by and those that truly explode their businesses? 2 Words...Marketing and Prospecting. Learn how to leverage video and actually create content for developing your sales pipeline through coaching...Click here to get started. https://www.ryblab.com/strategy-form
At ryblab, we focus on helping agents improve their business systems which is a major challenge for agents all over world. One of those systems is keeping the most important activities and routines in front of them at all times. We are utilizing some of the best technologies to automate routines, reminders, affirmations, gratitudes, buyer questionnaires, and a host of other processes for the real estate agent. It's a game changer in saving time, money, and creating hyper-focus to improve productivity. Our high performance coaching takes auto-texting to a whole other level and results are incredile!
Life is a theater so invite your audiences carefully. Not everyone is holy enough and healthy enough to have a FRONT ROW seat in our lives.
There are some people in your life that need to be loved from a distance.
It's amazing what you can accomplish when you let go, or at least minimize your time with draining, negative, incompatible, not-going-anywhere relationships, friendships, fellowships and family!
Everyone Can't be in Your FRONT ROW.
Observe the relationships around you. Pay attention to: Which ones lift and which ones lean?
Which ones encourage and which ones discourage?
Which ones are on a path of growth uphill and which ones are just going downhill?
When you leave certain people, do you feel better or feel worse?
Which ones always have drama or don't really understand, know and appreciate you and the gift that lies within you?
Everyone Can't be in Your FRONT ROW.
The more you seek God and the things of God, the more you seek quality, the more you seek not just the hand of God but...
Struggling to implement a consistent marketing plan? Are you re-inventing the wheel every time you get a listing? In this video I will introduce a revolutionary project management tool called Asana. This is a tool that will help you create a detailed plan where you can easily assign tasks to others on your team while managing projects such as, executing on your marketing, managing listings and a host of other tasks that most agents are struggling with. Why not learn a new time saving technique as we head into 2021? This is a small part of what we do at ryblab....helping agents improve their businesses and their lives through science-backed coaching.
Many of us review ourselves at the end of the year, but how many of us actually review ourselves daily, weekly, or even monthly? A critical part of performing at your highest levels and maintaining or building on that level, requires us to be continually self-evaluating. In this video, I discuss how we have reduced the friction around completing regular reviews and it is an important part of our coaching program!
I have picked up a habit which improves my well-being and helps me focus on the important parts in my life.
It’s a daily review habit.
I have tried to install this habit a few years ago already but failed miserably. A huge factor for my success in sticking to this habit is that I have a working morning ritual installed already. With the existing routine as a foundation, I simply had to attach this small habit and things were good.
Wondering how you should be using the high performance planner to its full extent? Don't know where to start?
Watch this video where I go over everything you need to know to about the high performance planner and why you should be making it a habit to fill it out EVERYDAY!
To purchase a High Performance Planner, click here.
Interested in High Performance Coaching? Fill out a completely FREE strategy session here, and I will get in touch with you as soon as possible.
Want to virtually guarantee your 16 year old will have $1M by the time they turn 67?
Does that sound crazy?
Not with the power of compound interest.
This is a slice of a clip from my 1 hr long interview with Shahar Plinner of Formations Corp where we talked about tax saving strategies for Realtors.
See the example below:
In this example, there was an initial $20,000 funding the account. With no additional investment, the investment would be worth $1,077,563.66 after 50 years assuming an 8% annual rate. The best part of this is that they will be able to pull funds from the account tax free as well.
By just planning ahead you will be creating wealth out of thin air!
Want to watch the full webinar? Click the link below to get free access to our 2020 Webinar course where we post all of our previously recorded webinars, including this one!
For more information on Shahar Plinner and Formations, go to formationscorp.com.