That’s It. I’ve Had It. I Quit!
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Are you thinking about quitting real estate? Now be honest. Some of you are right this very second. (Hmm?) And if you aren’t, some of you have thought about quitting in the past. Am I right? And if you’ve never thought about quitting ever, you’re the exception.No matter what the career, there are times when the “I gotta do something else, this isn’t working” bug bites even the best of us. And there are a host of reasons and circumstances that can put us in a place where we’re just ready to chuck it all. Either we’re not paying the bills, or we think we don’t have what it takes, or it requires us to be cutthroat and we don’t want to be cutthroat, to anything and everything in between. Whatever the reason that’s got you considering a change, why not stick around a little longer and make the change in your approach to real estate?
In the article “I Quit Real Estate!” Floyd Wickman offers this, “Will quitting [really] solve your problems? …If your commissions aren’t paying your bills, don’t get out of the real estate business, get into it!” And then he points out how you can “get into” the real estate business. For one thing he quotes Sam Walton (founder of Walmart): “Most everything I’ve done I’ve copied from someone else.” (And what’s good advice for Sam Walton is good advice for real estate agents!)
And let me just give you in a nutshell what Wickman goes on further to say: (1) Find out what the successful agents are doing, and do that. (2) Spend time watching and listening and asking and learning. And (3) Look for a seasoned agent that’ll take you under their wing. Wickman suggests the successful ones will.
And forget about quitting. You can do this! You really can! – with the right attitude and instruction. If you would like to read the entire article I’ve been quoting, click here: I Quit Real Estate!
Labels: agents, blog, bloggers, blogging, good advice, mother lode, real estate, sonora, twain harte
posted by Unknown at 9:53 AM
7 Comments:
I WILL honestly say I HAVE thought about quitting this past year. But, I really love this business and love helping people make one of the biggest decision of their lives...so I'll stick around and keep learning and trying to find the "right" formula.
Kat D
Mike, This is a great article. Real Estate is like a Roller Coaster and that is what I tell every one. If you can handle the ups and downs you are in for the ride of your life. This is a great profession to be in. It is hard and sometimes very expensive. As a REALTOR you are basically running your own business. In a business you have a lot of expenses, health insurance, advertising, office expenses, dues and further education. You will meet some of the greatest people in this busuness and become friends for life with most of them. So, think real hard about getting out of this business. Get back to the basics like meeting people, attending community funtions, and after you meet some one, sit down and write (yes I said write) them a short note (just a line or two). If you work hard at this, it will pay off in the long run.
Brenda Ernst
Yes I agree a good article and a good reminder of the basics.
Appreciated the input of Brenda Ernst a veteran in the real estate business.
A old timer told me it was like farming, sometimes your going to market and some times you are dry.
The profession has been good to me and I learn every day.
A example of learning, was your post.
You know, I've been frustrated, I've been depressed, I've been on top of the world and then carried it on my shoulders, I can honestly say I've never considered quitting. I feel like I've made this investment not only in my education and in my marketing, but in myself.
My definition of "real estate" entails more than the corporate world of Coldwell Banker, Re/Max and even boutique and new home sales. To me, it extends to the world of urban planning, design, zoning, construction, marketing and sales. The total built environment. Positive space, negative space AND the people who fill it. To me, it's not real estate, it's ecology.
When the mail started jingling with the failed investors' keys, it was a countdown to the implosion. Down here in South Florida, many fine neighborhoods have become a wasteland of unkempt McMansions for sale or rent signs and vacant storefronts. Cities, Counties and State Governments are trimming budgets to keep pace with the massive deflation of property values and by extension, tax revenues.
Not ever would I have considered opting out of "real estate", it took a little help from an economy in free fall. - www.jonkolbe.com
I am just starting in the real estate business (9 months now) and am already considering quitting. I am in a small town and with the market as it is, and so many seasoned agents in town, I am like a little fish swimming in a tank of sharks. I have listings, have even had buyers, but every single deal has fallen through for some reason or another, agents in my own office have taken buyers from me that I had been working with, and so far I have done nothing but put out money. Have had one closing that earned me a commission of $300. It is putting me in financial ruin. Everyone keeps telling me this is the time to get in, but am having serious second thoughts.
Excellent article, and yes, I've been there a few times myself. I think twitter has actually helped me a bit, in that exchanges like this are refreshing and remind me of what I forgot, or learn what I don't know.
Thanks.
@DonHJohnsonCBU
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