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Real Estate Training & Coaching School

10 Biggest REALTOR Regrets You Must Avoid

Real Estate Training & Coaching School

Real Estate Training & Coaching School

News, Business, Business News, Careers

4.4705 Ratings

🗓️ 20 June 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. 1 Being BUSY versus being PRODUCTIVE. Knowing what leads to your actual profit versus practicing ‘work theatre’. Memorize your action list of productivity and don’t waiver from it.  Lead Generation / Furiously fast lead follow up / Prequalifying / Presenting / Negotiating / Closing / lather…rinse…repeat! 2 Not showing overt gratitude to those who matter most. Someone once wrote about a gentleman they encountered at a graveyard, who was placing flowers on his deceased wife’s grave. He said, ‘Every day since she passed away I’ve come here to bring her these flowers…I should have done that long ago…she really would’ve loved that.’ Don’t wait until it’s too late. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com/ 3 Spending too much time ‘getting ready to get started’, and staying in unconscious incompetence perpetually. This is a result of analysis paralysis, following the wrong ‘guru’, not being your own ‘guru’, lack of exposure to success, or possibly just laziness. All of these things are curable but you must be proactive. 4 Health and fitness fails. How long are you going to wait to get in shape? Does it take a health scare to get you into action?  Working out at OrangeTheory, CrossFit, Zumba, etc, is not just good for you but will grow your business. Learn the F-O-R-D script! 5 Relying on the Three B’s of BS for your success. Building a team, buying business, or building your brand. None of these is related to your success. Stop looking for external reasons and take ownership of your trajectory. Learn to proactively lead generate, or you will never be in control of your potential! 6 Allowing a failure, string of failures, or a bad month to become your ‘theme song’ versus just saying ‘next’ and moving on. ‘It’s too soon to tell’ is better than making your temporary failure into an adult failure spiral. 7 Having to be right all the time. Lack of flexibility, being overly rigid, and not having versatility are all hazards to your income, your reputation, and your ability to achieve your dreams.   8 Not setting goals. A goal is a dream with an action plan. A goal is Specific, Measurable, Achievable, Realistic, and Timely, or ‘SMART’. Saying you need to earn more money next year is a dream. Stating you will save $25,000 by December 31st by adding 2 more lead generation spokes, saving 10% from every check, and closing 8 more transactions, doing it all before December 31st, now that’s a GOAL. 9 Playing the long game versus focusing on shorter, more attainable goals. You don’t have to know all the steps, just the first one. Do THAT. Then do the next one. The steps you take as you’re achieving are often different than how you thought it would go when you were procrastinating. 10 Doing all this by yourself. Guessing your way through / winging it. Get help! Why try to reinvent the wheel? Do what is proven to work, then repeat it. This is not a business to ‘try things out’, to ‘see what happens’. That’s costly in terms of both time and money. Get a coach. Be coachable. Do it today. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://members.timandjulieharris.com/

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.

0:10.2

This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.

0:18.2

What's really working in today's market, how to generate more leads,

0:21.8

make more money, and have more time for what you love in your life. And now your host, Tim and

0:28.3

Julie Harris. Hey, welcome back, everyone. Have you ever had the question or the thought of like

0:35.2

something along lines of what are the things I wish I would have known

0:38.4

when I would say, for example, 15 or adjust accordingly on up the age spectrum. Or maybe you're 50

0:44.2

and you're saying, I wish I would have known these things when I was 25 type of thing. I mean,

0:48.3

people write articles occasionally about using that as I think a conversation structure. And it's

0:53.2

fascinating. It's always fascinating

0:54.6

how much overlapping advice there is out there. What I look for are when you hear someone like

1:00.6

Warren Buffett or Charlie Munger or Elon Musk. And when they're answering that type of question,

1:06.6

that's where things I think are really fascinating. So what we're going to be doing today is we're

1:10.2

going to be sharing with you the 10 biggest regrets that agents have in the real estate business.

1:15.4

I changed the name there, so don't worry about that. So what are the things that, for example,

1:19.4

I would say moderately to very successful agents, what they regret the most or what they

1:24.5

wish they would have done differently had they do it all over again and maybe they just got their real estate licenses. This will benefit you in two ways. Number one,

1:31.3

obviously, is if you're a new agent, just avoid all these things. Yeah, there you go. And number two,

1:35.6

if you're an up-and-coming agent, which is the vast majority of you that listen to us every day,

1:39.4

maybe you make note of these things so that you can avoid these things, or maybe you're stuck making one

1:44.5

of these mistakes, and this gives you the opportunity to hit hard reset and understand the longer

1:49.3

term ramifications of, you know, staying on that path. And, you know, it's an opportunity for you

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