Mid-Year Reset: Strategies to Recalibrate and Re-Ignite Your Real Estate Goals

Feeling the mid-year slump in your Real Estate Career? It’s time to Re-Ignite your Goals and Power through the rest of 2024 with renewed Energy and Focus! Read more…

As we hit the midway mark of 2024, it's time to Re-Ignite Our Goals and get back On Track. Real Estate can be a tough industry, and the summer months often bring a sense of lethargy. The heat, the distractions, and the sense of a long year already behind us can make us feel off our game. But what sets you apart as above-average professionals is your Mental Toughness and Resilience. Whether you've had a great first half or faced challenges, now is the time to recharge and push forward.

Reflect and Recalibrate: First, whatever feelings you are having are natural. It's normal to feel frustrated or burnt out a bit this time of the year. The Real Estate Industry has seen its fair share of News and Changes this year, and it's easy to let those external factors influence our mindset. However, it’s crucial to Recalibrate and Not let these feelings dictate your goals. We can't change the past six months, but we can fine-tune our approach for the next six.

Activity Creates Reality: Remember, Activity creates your Business Reality. Knowing what you want to achieve is only the beginning; Taking Action is what generates results. Decide today that you will control your actions. Focus on what you can control: your Prospecting, your Follow-Ups, and your Daily Routines. Don’t worry about the noise about the market, the news, or the economy - Focus on your actions.

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Consistent Prospecting: Consistency is key in Prospecting. The agents who regularly ask for business are the ones who succeed. It’s not about being the smartest or having the most information; it’s about constantly reaching out. Dust off your prospecting plan, get a coach or mentor, or join one of my Intensive Boot-Camps if you need a push. Whether you know what to do and need motivation or need help prioritizing your tasks, taking action on your Prospecting is vital.

Work the Plan: If you have a plan, Work It. Don't fixate on immediate results. It’s rare to get a listing from a single call. It often takes 10, 15, or even 20 calls to secure an appointment. Dedicate at least 30 minutes a day to generating new business. Call people you know, reach out on social media, or use a list provided by your brokerage. Afterwards, take a break to recharge.

Spend another 30 minutes on Follow-Up Calls. Just because someone hasn’t responded doesn’t mean they’re not interested. It’s Your Responsibility to follow up. Finally, spend 30 minutes working your sphere of influence and referrals. Engage with your community, Face to Face, whether through Market Reports, Open Houses, or attending events. Dedicate at least two hours a week to community activities.

Embrace Practical Intelligence: Your Mindset is your most Powerful Tool, and Practical Intelligence is crucial. Practical intelligence in Real Estate involves Knowing What to Say, Whom to say it to, When to say it, and How to say it for Maximum Effect. Dust off your Scripts and make them your own. Scripts are roadmaps to guide your conversations with different types of clients, whether they are expired listings, FSBOs, or hesitant buyers. Continuously tweak and refine your scripts to suit your style and needs.

As we move into the second half of the year, remember that your success is driven by your actions. Stay focused, stay consistent, and use practical intelligence to guide your interactions. Whether you are recalibrating your goals or pushing through the summer slump, know that you have The Resilience and Mental Toughness to achieve Greatness.

Stay Motivated and let’s make the rest of 2024 our best yet!

--- Some Quotes and Affirmations examples below Graphic:

Aim for Precision and Clarity in your Ambitions; Set SMART Goals. Specific, Measurable, Achievable, Relevant, and Time-Blocked Actions -- they will Propel you toward your Desired Accomplishments.

Aim for Precision and Clarity in your Ambitions; Set SMART Goals. Specific, Measurable, Achievable, Relevant, and Time-Blocked Actions -- they will Propel you toward your Desired Accomplishments.

Reflect on these Quotes and Affirmations and feel free to write a few of your own:

“You Don’t have to be great to start, but you have to Start to be Great.” -- Zig Ziglar

“It’s not whether you get knocked down, it’s whether You Get Up.” -- Vince Lombardi

“I Focus on what I Can Control and let go of what I cannot.”

“I Believe in myself and my Ability to succeed.”

“I am Motivated, Focused, Resilient, and Ready to Achieve Greatness.”

 

Author: Key Yessaad is a Seasoned Real Estate Strategist and Coach with over 20 years of industry experience; Key is renowned for his unwavering commitment to Accountability and Empowerment. Specializing in Listings' Strategy and Production Coaching, Key offers 2 transformative programs: “All-Day In-Person Strategy Workshops” and “Immersive 3-Month Boot-Camp Trainings.” Through a lens of Self-Discipline, Key guides brokers and agents to master Essential Skills - from Time-Blocking to Getting Listings and Sales Conversion. With his mentorship, unlocking your full potential and attaining greatness in your career isn't just a goal – it is a Tangible Reality, backed by actionable steps and unwavering support.

 

Related HashTags: #RealEstateSuccess #ReigniteYourGoals #MidYearMotivation #MentalToughness #RealEstatePros #GoalSetting #ConsistencyIsKey #Prospecting #PracticalIntelligence #StayFocused #RecalibrateAndSucceed #RealEstateMindset #SuccessStrategies #KeyCoachingInsights #YesKeyTraining #KeyBootCamps

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Stay Sharp: A Real Estate Professional’s Guide to Beating Complacency

Complacency can be a formidable barrier to success in real estate, but with the right Strategies, Mindset, and Resources, it’s possible to Overcome it and achieve remarkable results. Read more

Why does “Complacency” creep in so easily in the lives of Real Estate Professionals? Most of you already know the answer; it is because you are your “Own Boss;” so, if you don’t feel like it, no one can force you to get to it and get it done. Being an Entrepreneur is both an Amazing Blessing, but demons lurk in the waters and turn it into an Unbearable Curse at times.

Let’s define it: Complacency is a state of Self-Satisfaction and Contentment with the current Status Quo, often accompanied by a Lack of Awareness of potential dangers or deficiencies. In the competitive and dynamic fields of Real Estate, complacency manifests as a Significant Barrier to ongoing success and growth. Let us look at some of the Symptoms and then put together Remedies to overcome it.

Some Symptoms: Lack of Enthusiasm; Stagnation in Performance; Decreased Motivation; Ignoring Goal Setting; Relying on Past Achievements; Resistance to Change; Neglecting Personal Development; Thinking you have all the Answers; Inconsistent Time Blocking; Erratic Morning Routines; Lack of Prioritization of Tasks; Reduced Client Engagement; Overconfidence; Ignoring Potential Industry Threats; Neglecting Market Research; Isolation from Peers; Lack of Initiative; Not Attending Mindset Training; Reluctance to Adapt; and Lack of Accountability.

 Some Remedies for the Insidious Affliction of Complacency:

Think Long Term: There isn’t a Magic Pill that will cure your ills; but establishing Daily Routines and Habits is the Way to Re-Motivate yourself. Know that you have in you all the Courage, Desire, and Motivation to take on Complacency. Some ask, what Long-Term is? It takes 8 to 12 Weeks for Good Habits to take hold, so work this plan with that in Mind.

Create a Healthy Morning Routine devoid of Work: There so many ways: “Meditate for 10 minutes before Work.” “Send an Encouraging Text to someone you Know.” “Select a Good Business Book and read 10 minutes each morning.” PS: I recommend: “The Morning Miracle for Real Estate Agents” by Hal Elrod. “Twice a week go for a 10mn Walk.” “Write Affirmations.”

Set yourself a Small Challenge a Week: It could be a simple as: “Re-Read your Bio and improve it.” “Comment Positively on a Social Media Post.” “Update your Picture in the MLS.” “Attend Office Meeting.” “Check recent MLS Activity in your Neighborhood.” “Hold an Open House.” “Create a Market Report for your Farm Area.”

Embrace Change: Collaboration with other Professionals can help quite a bit. If you have the humility of “Not having all the answers” you would engage Business Colleagues and get their insights on Industry Changes; Incorporating AI in your Business Procedures; Learning New ways of making Buyer Presentations; Participating in Networking Events to Boost your Appointments; but more importantly realizing that others are embracing changes in the industry and are Adapting.

Download Your Mind: This sounds like a weird Matrix Exercise, but I simply mean that once a week, say on a Friday Afternoon or Saturday Monday, sit a run the tape of the week that was and write down the Challenges, the Accomplishments, the Incompletions, the Frustrations, and the Insights. This will help you prepare for the week to come with more Structure, Clarity, and a sense of Purpose.

Get a Success Partner: Some call it an Accountability Partner, some call it a buddy, it is simply another Entrepreneur who is motivated to do well with whom you exchange Ideas, Goals, and you keep each other on track to keep doing Good Work. You have to commit to supporting them as well -- it needs to be a win-win for all.

Consider a Coach: If you need more structure you may want to consider a Personal Coach. Let me elaborate: A Coach is NOT a Therapist; A Coach wants to know where you are professionally; what your Desired Goals are; and they lay a plan of Action for you to Get there, and in doing so reveal the Barriers to Success and help you Break them. It is not comfortable work, but the Good ones are very effective.

 

☐  3 Questions that will help you trigger the Feeling of being Empowered:

1.       Can I Do it?

2.       Will it Work for me?

3.       Is it Worth it?

A Yes to these 3 Questions means you are on track; you may not have all the answers; you may not know everything about the project you are working on; but you have resolved to make it work for you.

You will know you are combating Complacency effectively when you start to see some of these traits in yourself: Proactive; Driven; Ambitious; Resilient; Continuous Learner; Motivated; Persistent; Goal-Oriented; Focused; Diligent; Adaptable; Energetic; Committed; and Passionate.

Some Book Recommendations and Affirmations examples below Graphic:

Don't Settle for the Comfort of Mediocrity; Ignite your Passion for Growth. It is your Relentless Pursuit of Excellence that transforms “Your Potential” into Actual Success!

Don't Settle for the Comfort of Mediocrity; Ignite your Passion for Growth. It is your Relentless Pursuit of Excellence that transforms “Your Potential” into Actual Success!

Books to Consider: Besides “The Miracle Morning for Real Estate Agents” by Hal Elrod I mentioned earlier; look into: “The Compound Effect" by Darren Hardy; "Atomic Habits” by James Clear; “Grit: The Power of Passion and Perseverance” by Angela Duckworth; “Start with Why: How Great Leaders Inspire Everyone to Take Action” by Simon Sinek; and “No Excuses!: The Power of Self-Discipline” by Brian Tracy.

Reflect on these Affirmations and feel free to write a few of your own:

"I am Committed to constant Growth and Improvement."

"I Embrace challenges as Opportunities to Learn and Grow."

"I am Proactive in my Pursuit of Success."

"I Refuse to settle for Mediocrity."

"I Thrive Outside of my Comfort Zone."

 

Author: Key Yessaad is a Seasoned Real Estate Strategist and Coach with over 20 years of industry experience; Key is renowned for his unwavering commitment to Accountability and Empowerment. Specializing in Listings' Strategy and Production Coaching, Key offers 2 transformative programs: “All-Day In-Person Strategy Workshops” and “Immersive 3-Month Boot-Camp Trainings.” Through a lens of Self-Discipline, Key guides brokers and agents to master Essential Skills - from Time-Blocking to Getting Listings and Sales Conversion. With his mentorship, unlocking your full potential and attaining greatness in your career isn't just a goal – it is a Tangible Reality, backed by actionable steps and unwavering support.

 Related HashTags: #OvercomingComplacency #ContinuousImprovement #StayMotivated #GrowthMindset #StayHungry #RealEstateSuccess #RealEstateGrowth #RealEstateCoaching #TrainingForSuccess #BusinessDevelopment #NetworkingSuccess #ClientRelationships #KeyCoachingInsights #YesKeyTraining #KeyBootCamps

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Crunching the Numbers: How Prospecting Consistency Leads to Real Estate Success

Discover the power of data-driven Success in my latest blog post, ‘Crunching the Numbers: How Prospecting Consistency Leads to Real Estate Success.’ Learn how talking to just 25 people a week can lead to 20 to 30 closed deals annually, with the potential for even more. Read more…

In the Competitive world of Real Estate, it's easy to feel Overwhelmed by Challenges and Setbacks. However, succumbing to Despair is Not an option if you want to thrive in this field. Instead, you need a Proactive and Consistent Approach to your business, one that is grounded in Real-World Actions and Measurable Results.

As a Real Estate Strategist and Coach with over 20 years of Experience empowering brokers and agents, I've seen firsthand the transformative power of a data-driven approach to success. By Crunching the Numbers and Understanding the metrics behind Real Estate Growth, agents can navigate the industry with Confidence and achieve remarkable results.

Let's Break Down the Numbers: Talking to 25 People a Week about Real Estate may sound daunting at first, but it is a very manageable goal when you break it down further. Aim to speak to at least 5 people each day, of which 2 are New to You. (or 10 New Contacts that you don’t know each Week.) Whether it's through phone calls, meetings, Canvassing, or Networking events. By doing so, you'll reach 1,200 people in a year, with 480 of them being new contacts. I am using 48 Weeks of Work a Year with 4 Weeks Off.

But it's not just about making contact; it's about Nurturing those relationships and turning them into Opportunities; this means investing in a proper CRM that you use Daily! With a National Real Estate Turnover Rate of 5%, you can expect around 60 Appointments from your efforts per year. And remember, these are minimum numbers; with dedication and skill, you can exceed them.

Out of those Appointments, 24 will be with New Contacts, giving you the chance to expand your client base even further. And here's where the magic happens: those 60 Appointments will translate into 20 to 30 Closed Deals annually. And as you refine your skills and processes, you'll find yourself closing even more deals, possibly reaching up to 45 closed deals per year.

It's important to note that this level of success doesn't come without effort. It requires Hard Work, Dedication, and a willingness to invest in your Own Growth. That's why only a select few are able to achieve it. They understand the value of attending training and hiring Coaches for continuous improvement.

In the real estate industry, each deal represents more than just a transaction; it's an opportunity to change lives and build wealth. With an average net income of $100,000 per 10 to 15 deals, the potential for financial success is substantial. But more than that, it's about the satisfaction of knowing that you've helped your clients achieve their dreams.

So, the next time you feel overwhelmed or discouraged, remember these numbers. They're not just figures on a page; they're a Roadmap to Success in the real estate industry. Embrace them, Take Action, and watch as your business grows beyond your wildest dreams. And if you ever need guidance along the way, don't hesitate to invest in training and coaching. It's the key to unlocking your full potential in this competitive field.

Some Mantras and Affirmations examples below Graphic:

Don't allow Despair to Consume you; instead, Channel your Energy into Proactive Activities. It is your Focused Actions that create Opportunities!

Don't allow Despair to Consume you; instead, Channel your Energy into Proactive Activities. It is your Focused Actions that create Opportunities!

“I Embrace Consistency and Persistence as the keys to my Success.”

“I Trust in my Abilities to overcome obstacles and Achieve my Dreams.”

“I am Grateful for every client, Deal, and Achievement in my real estate journey.”

Believe you can and you're Halfway There.” - Theodore Roosevelt

☐  PS: If you missed my last EXIT Webinar and want to see the Video on the topic: "Tuning your Mindset to Getting Real Estate Listings and Prosperity." - visit this link: https://www.yeskeytraining.com/summer-2024-boot-camp#video

 

Author: Key Yessaad is a Seasoned Real Estate Strategist and Coach with over 20 years of industry experience; Key is renowned for his unwavering commitment to Accountability and Empowerment. Specializing in Listings' Strategy and Production Coaching, Key offers 2 transformative programs: “All-Day In-Person Strategy Workshops” and “Immersive 3-Month Boot-Camp Trainings.” Through a lens of Self-Discipline, Key guides brokers and agents to master Essential Skills - from Time-Blocking to Getting Listings and Sales Conversion. With his mentorship, unlocking your full potential and attaining greatness in your career isn't just a goal – it is a Tangible Reality, backed by actionable steps and unwavering support.

Related HashTags: #RealEstateSuccess #RealEstateGrowth #ConsistencyWins #DealMaking #RealEstateMetrics #ProfitableRealEstate #RealEstateCoaching #TrainingForSuccess #BusinessDevelopment #LeadGeneration #ConversionRates #MarketAnalysis #NetworkingSuccess #ClientRelationships #KeyCoachingInsights #YesKeyTraining #KeyBootCamps

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