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I could write a book about how I would do things differently.
I would have kept better records in my early years. I closed many in the first years, and never stayed in touch.
Track every lead and put each one on a drip. Keep in touch and don't give up.
Noah, I would not have starte out in a team but instead worked with a mentor and then be on my own. Also, I would have started going to conventions and professional meetings sooner than I did.
League City, TX
Noah Seidenberg oh hell yeah. I actually have had the idea to get into some of these things early on, but was always a champion of poor follow through. As an example I think I originally joined AR back in 2006 or so, but never really blogged or participated till last year. STUPID!!! I wanted to start messing around with video about 4 years ago, youtube, and did not really start till last year, and even then it is not as much as I'd like to do.
Really if I could roll back time, I think I would have like to have gotten involved in real estate while in college. Bought a house (fixer upper) and started back at that time with investing, real estate, and building a real estate career worth having. Still working on the later.
Oh yes...although I mean for my biz. I wouldn't have spent so much on marketing and direct mail my first year. It did not pay out at all and drained my savings. It may work for real estate (w/ higher transaction size) but it was definitely a big loss for me. Overll, I would have been much more conservative with my money and invested more as I went along and after proving things out and gradually spending.
That's a loaded questions. I got into real estate when the market tanked nationwide. Because of the decisions I made, I got into listing REOs and doing BPOs. That has served me very well.
Not much really
I would work by referrals!
I would have chosen a different mentor.
I worked for a Broker for about 5 years. For some reason I felt "burnt out" and decided to change to a different company, then I changed back to my original office. I lost momentum and should have never left my original Broker.
I wish I started as an assistant or at least a team member of a strong experienced agent, and work there a year or even two.
Noah, I would have bought more properties for myself, especially in the down periods.
Realizing real estate is like making soup, if you don't STIR THE POT you won't like the results.
DO SOMETHING! Do it with passion. Fail big, Fail often. LEARN.
In the beginning, when the ink was yet to dry on that license, failing resulted is stopping. All of us have lost a battle, but that failure should never be interpreted as losing the war.
If I could start over I would view the smoldering rubble of failure as the perfect learning moment. And, what is learned may be as simple as using 'What' instead of 'Why." Then make more soup and keep stiring the pot.
It is not the soup that produced the result but the activity surrounding making soup.
So when you see that newbie in the office, secretly afraid to fail, take them by the hand and stir.
I would have set up systems to stay in touch with past clients regularly way sooner. Never understand the importance of staying in touch for repeat and referral business in the early years.
Thats an easy one for me. I would have an assistant day 1.
Noah, I would watch closely my ROI. As a new agent I believed everything and was throwing hand grenades everywhere in hopes of instant success. The money I threw away was incredible. Don't tell anyone...
oh, and start active rain earlier.
Don't pay for Trulia and Zillow until it makes more sense (having reviews). Lots of money and time wasted.