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  • "12 Things You Need To Know About North Texas Real Estate" - Forbes.com"About 60,000 people moved to North Texas between 2015 and 2016. By North Texas, I mean the 12 counties and cities that bubble out from the Dallas/Fort Worth (or, as Fort Worthians say, Fort Worth/Dallas) hub stretching over 9,286 square miles, the largest inland land area in the U.S. And it is spreading out like crazy: Frisco and McKinney were the fastest growing suburbs in the U.S. last year. That's why acres of homes and apartments are exploding in former farm stops such as Frisco..."
  • "Inman Announces offrs.com Among 2018 Inman Innovator Award Finalists" - PRWeb.com"Real estate insider and industry pillar, Inman has announced this year’s Inman Innovator Award Finalists, among them, predictive analytics and lead generation solutions provider offrs.com. The annual award, which selects a winner from the RE innovation categories of Technology, Company, Broker Owner, Agents, MLS or Association, Team and Marketing Program has identified offrs as a Finalist in the “Most Innovative Real Estate Technology” category for 2018..."
  • "Real estate law trends to watch this year" - AZBigMedia.com"ZRE spoke with some of the great legal minds in commercial real estate to find out what trends and issues they say we should look at before making that next deal..."
5 quick tips to avoid agent burnout - Helpful advice for real estate pros from offrs.com

5 quick tips to avoid agent burnout - Helpful advice for real estate pros from offrs.com

If you're thinking of quitting real estate, give these suggestions a quick overview. You've made it this far and we believe in you!

As seen on Bigger Pockets, here are...

 

5 Quick tips to Avoid Agent Burnout

Let's face it. While burnout happens in every industry, real estate professionals are particularly susceptible. Some insiders suggest that a significant portion of agents will fail within the first five years of their career (and burnout is one of the major causes of this failure). Starting and growing a real estate consulting business takes a lot of effort and those who have made it past the 5-year mark have figured out how to survive the urge to call it quits. If you've made it this far, you can make it a few steps further and we have some thoughts on how you can do it. Here are 5 quick tips that might help you survive the slow seasons and ultimately, make it for the long haul.

 

1. Don’t Give Up Your Personal Life

Most agents are so focused on keeping multiple balls in the air at the same time, that they've all-but-given up on their personal lives. While the do-or-die push to make your business successful may seem like a good idea, you're likely dying. Every soldier needs their supply chain and your friends and family... that's them. Without the support of your family and friends, the reward becomes foggier and your passion will begin to fade, causing a cascade of counter-productive business mishaps. One way to avoid this is by blocking out time for family and friends at the beginning of every week, month or year. Once you have earmarked that time, you need to protect it as if your life depends on it - because your life (outside of your career) does depend on it.

 

2. Streamline Your Business Processes

To achieve the suggestion above, you’ll need to be as effective and efficient as you can possibly be. This will help assure that your time away doesn't affect the business you've built up to now. You'll likely find that this significantly improves your business operations, giving you more (if not more predictable) revenue streams. Consider these tips:

  • Create checklists that define your current process for working with buyers and sellers, and then check off each task as it is completed. As simple and mundane as this may seem, do it. You may be surprised at how little you actually have on your plate (don't worry, we won't tell anyone). =)
  • Use technology to your advantage (such as automating your lead generation and nurturing). If you're concerned that this will take your human touch out of the equation, you're likely employing the technology incorrectly (automated solutions are actually designed to schedule your time more effectively so that you can actually be present for relationship-building interactions).

 

3. Get Control Over Your Email

Email can be a significant cause of stress. You’ll probably find that a good portion of your junk email is from a single person, company or community that you had some contact with at some point in the past, so take the time to unsubscribe from each one. You might be surprised as to how happy you become seeing your inbox filling up when it signals a lead versus junk.

 

4. Improve Your Sales Skills

It goes without saying that sales is key to your success in real estate. But what you may not realize is how much stress there is on your end of the deal. The more you hone your sales skills, the more second-nature any random conversation will feel. Not only will this have the effect of reducing stress around conversations, but it'll also improve your closing numbers (and inbound cash is a great stress reliever).

 

5. Manage Client Expectations

Obviously, misunderstandings are where the seams of being an agent start to unravel. Managing client expectations is a critical part of nurturing long-term relationships - it's what you're there to do. But many problems that occur between real estate agents and clients stem from muddled expectations. It’s your job to set your client’s expectations to avoid misunderstanding and managing their expectations clearly and early on will get you closer to your goals of a less-stressful career.

Let your clients know how the home buying or selling process works. Explain the uncomfortable things like agency or commissions calmly and in detail. Teach homebuyers about the pitfalls of extremely low offers; let home sellers know that setting an unrealistically high list price will typically result in selling below market value. If you hear a client say, “But, I thought you were going to…” you know that you’ve failed your client in terms of managing expectations.

Real estate can be a solid, long-term career option. In order to be successful, you just need to find the things that work for you in order to burnout. You can make this work.

 

offrs collects and provides topical insights, statistics, reviews, humor and best practices gathered from real estate professionals and consumer homeowner industry peers. If you're a broker or agent interested in learning more about seller lead generation or automated marketing services and solutions, visit www.offrs.com or continue to browse our growing collection of industry articles at www.offrs.net.
 

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