Special offer
Annette Lawrence , Palm Harbor, FL 727-420-4041, Making FLORIDA Real Estate EZ  (ReMax Realtec Group)

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Rainmaker
4,907,547
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't budget for exploring new stuff.  If something came up I would weight the pro's and con's and make that financial decision.

Nov 21, 2017 08:03 AM
Rainmaker
1,057,674
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Wheels and tires for my truck! Not much help, am I? Hahah! 

Nov 21, 2017 07:23 AM
Ambassador
6,426,155
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Most opportunities to learn do not require buying someone else's idea, most are free and ready to grab.

Nov 21, 2017 10:48 AM
Rainmaker
1,847,911
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I learn new things all the time & do set a budget. FB Ads let's say -- in that endeavor I give myself 3 months to get it up & running. That's just a time that I picked.

For mailing farming that is a lot longer but better hear from someone at 4 months. That has been my sampling so far. Most of the time it's your message, not the mailing itself.

Nov 21, 2017 10:40 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Annette Lawrence , Palm Harbor, FL 727-420-4041 ROI always determines an investment or budget.

Nov 21, 2017 10:14 AM
Rainmaker
1,712,876
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My next splurge will involve augmented reality and artificial intelligence in my business. I will combine this with more understanding of Block Chain. This will be the revolution in the business. 

Nov 21, 2017 08:42 AM
Rainmaker
1,507,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't budget for "new stuff" or "exploration".  Like Richard Weeks said, if something of interest comes up, I do a cost benefit analysis.  This year I experimented with FB ads at a reasonable price point.

Nov 21, 2017 08:36 AM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't budget for new stuff. If something interests me I'll just try it. And much can be tried these days for free for 30 or 60 days.

Nov 21, 2017 08:06 AM
Rainmaker
5,246,557
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I buy books and CD's from time to time to keep up or explore alternatives!

Nov 21, 2017 07:30 AM
Rainmaker
1,555,100
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I invest between 5%-10% of my annual earnings back into my annual education and exploration of this one wild, precious life.

Nov 22, 2017 05:08 AM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

My next program investment will be in better photography, possibly drones. I am not quite ready but will look at it hard next year.

Nov 21, 2017 04:38 PM
Ambassador
3,350,764
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Budget includes "discretionary" funds for unplanned for costs/expenses.  There really isn't anything I want to spend money on that have not already spent. 

Nov 21, 2017 04:07 PM
Rainmaker
1,625,353
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Besides Real Estate related education, I absolutely like art, music, yoga and travels. I try to stay in harmony by making myself happy with attending events and lectures.

And..... you never know where you meet your client:) 

Nov 21, 2017 02:06 PM
Rainmaker
2,222,281
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Nov 21, 2017 11:55 AM
Rainmaker
2,785,606
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The important answers are within us awaiting seekers & askers..richfuscious

Nov 21, 2017 08:10 AM
Rainmaker
7,871,831
Roy Kelley
Retired - Gaithersburg, MD

No. 

Nov 21, 2017 07:57 AM
Rainmaker
599,734
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I do not specifically set money aside for exploring stuff.

Nov 22, 2017 05:11 AM
Rainmaker
3,071,589
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

I suppose the setting up of an aerial photography / videography complete with DJI drones and accessories counts?  SunlitDrones.com

Nov 22, 2017 03:54 AM
Rainmaker
637,484
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Absolutely! Sometimes it's a big ticket item, sometimes not. Often doesn't cost me a dime. In my case, I wrap my real estate business into my personal life. That means I go to a lot of really great fundraisers and social activities. At least, that's on my marketing plan for next year, do a lot more of this type of networking. Going to the same business functions or advertising where all the other agents do is not enough.

Nov 21, 2017 10:16 PM
Rainmaker
1,093,547
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I don't budget for exploring new things and when I do it is selective, on a case by case basis.

 

Nov 21, 2017 08:33 PM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     I spend my money on road trips, hikes, and adventures for "personal development". 

 

Nov 21, 2017 08:31 PM
Ambassador
5,258,976
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Marketing dollars are always budgeted, assessed, reassessed and continued or nixed! It's a constant year after year!

Nov 21, 2017 07:28 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Maybe sometimes, other times it is hard as not to know what to expect.

Nov 21, 2017 03:10 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Nov 21, 2017 01:47 PM
Rainmaker
4,968,112
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I live by my budget, so yes event for a out of town convention I budget for it.

 

Nov 26, 2017 11:10 AM
Rainmaker
5,879,816
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have a slush fund for fun stuff I want to add to the mix.

Nov 24, 2017 04:52 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I take each potential individually and weight the potential advantages vs. the costs.

Nov 22, 2017 06:02 AM