We have spent a lot of time over the last couple of weeks thinking about our internal goals for 2019 as an office, and as individuals. In our office, our model has changed a little bit as we are getting away from taking on each project as a full rehab. However, we are still looking to do the same number, if not more, of transactions that we have done in the past. Changing our model though does not change how we want to go about the process, and our first step in our collective process as an office is thinking about our goals.
The first conversation I have with someone who is in the Complete Dealflow System (completedealflowsystem.com) always revolves around what they have accomplished in years previously and what they wish accomplish in their year upcoming. This allows us to anchor ourselves with a tangible target, that hopefully is not entirely financially motivated. Think of the simple formula that (X) calls turns into (Y) conversations which turns into (Z) appointments and with your specific close rate turns into (S) offers which brings you into your (M) closed deals- which means you get paid, and everybody loves getting paid right!?
Think about what is you want to accomplish and put forth a vision that of where you want to be. What does that look like? What does that feel like? What does sound like? Be as specific as you can possibly be. A great list of goals is not just one sentence by itself, but rather encompasses what you want to do, how much of that something you want to do, and by when you want it done: Bad Example: do more wholesales. Good Example- five wholesale deals by the end of March. The second example anchors you into doing five specific transactions by the end of a certain time period.
The more you can focus on doing the little things, the bigger things will seem far easier and you will become comfortable with the uncomfortable. As always Nick and I are available to go over your goals and talk you through creating them to make your 2019 your best year yet!
https://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.png00Matt Perryhttps://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.pngMatt Perry2019-02-21 21:18:362019-02-27 23:23:17Have You Set Your Goals for 2019?
Ready to give up after your first direct-mail piece yielded no results? AARE Director of Acquisitions and Resales, Rob Reutzel shares that marketing is a numbers game that requires persistence and patience.
The average response rate for direct mail is 2-3% AND that number increases exponentially with each subsequent “touch” or communication from you, so follow up, follow up, FOLLOW UP!
Consistency for at least 12 months is key. So don’t give up and fail forward fast. Watch Rob’s video for more:
https://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.png00Matt Perryhttps://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.pngMatt Perry2017-02-09 18:44:482017-02-09 23:11:29Marketing Realities for Real Estate Investors
For those of you who haven’t met her, Lisa Cerqueira (Primary Pitcher and Wordsmith of Something to Crow About) has been working with AARE on branding and marketing for a little over a year now. She’s a lifelong Patriots fan and sent me this article as an idea for a possible blog post. I’m in agreement with all of these points and think it’s great without any further input from me, so I’m passing it along in her own words. Take it away, Lisa!
While I was laying in bed not sleeping after one of the craziest football games I’ve ever seen, it struck me how much there is to learn from the Patriots that can be applied to business. Here are my top take-aways:
Have a plan
Each week, the Patriots coaches create a detailed game plan, the players learn and practice the plan, and go out and execute on game day. They’re not just out there “winging it” or seeing how things work out. Goal setting and action plans are key to success. Once you’ve set goals for the year, ask yourself “What will it take to accomplish this?” Take the answer(s) to that question and write down what you need to do each month, week, and workday to reach that goal, and you’ve got your game plan. Work your plan each day, and you’ll be building towards successfully reaching your goal.
Listen to your coach
Elite teams and athletes all have coaches, and you should, too. Whether it’s your boss, a mentor, a business coach, or an admired guru coaching you via the pages of a book, find someone who is successful at what you want to do and learn from them. If Tom Brady, 5-time Super Bowl champion, 4-time Super Bowl MVP, is still working with a coach and looking for ways to improve his performance, you should be, too.
Patriots teams are well-known for their study of their opponents, breaking down film, and detailed preparation. Learn everything you can about your field or industry. Identify the key players, learn their tendencies, determine where you can offer value or support. Plan for common situations and practice how to manage them successfully.
“On to Cincinnati”
Learn from your mistakes and move on. The next meeting, deal, or phone call is waiting and once you’ve made corrections for a misstep, it’s time to prepare for what’s next and stop looking in the rearview mirror.
Make half-time adjustments
And sometimes, the best-laid plans just don’t work out the way they were intended (ummmm, see Super Bowl LI). When what you’ve been doing isn’t getting the results you want (see the definition of insanity — doing the same thing over and over again and expecting different results), analyze the situation, see where you can shift tactics, and put a new plan into play. Be more concerned with the result than with sticking to “the plan.”
Do your job
Be specific about your role in the plan and do your job — and let other team members do theirs. No one reaches the top on their own — surround yourself with the best team you can find and let them do their jobs. Delegate. When each person does his or her part, the whole is much greater than its parts.
Just as so many thrilling Patriots victories are cemented in the final minutes — sometimes even the final seconds — of a game, success in business requires persistence and perseverance. There are no “overnight” successes. The response rate from direct mail goes up exponentially with each touch or communication — if you quit after the first one or two, you’ll never get results from your actions. Prepare yourself for the long haul, and just keep at it.
When you close that deal, sign that contract, or shake hands with a new client, remember the team that got you there. No matter how the media turn themselves inside out trying to get Tom Brady, Bill Belichick, or another member of the team to glory in their individual accomplishments, they always respond with “I couldn’t have gotten here without this amazing team — it was a team effort.” And acknowledge the efforts of contributing team members — did someone stay late to prepare those documents, spend hours making cold calls, or introduce you to a key player? Be sure to give praise and credit wherever it is due.
Take the high road
People will say and do things that will upset you or make your job harder. Do not respond to them in kind and, whatever you do, do NOT provide opponents with “bulletin board material.” Focus on your preparation and your plan without providing any additional motivation to competitors. While it might be satisfying to see Tom Brady dis the commish, we can truly take pride in how the entire Patriots organization handles and responds to adversity. So skip the office politics and do your job.
These are the top-line lessons I came up with on four hours of sleep. Did I miss any? If so, please share your thoughts.
https://aarealestategroup.com/wp-content/uploads/Pat-Patriot.png212211Nick Aalerudhttps://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.pngNick Aalerud2017-02-08 17:18:172017-02-08 17:18:17Championship Lessons Learned from the New England Patriots
https://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.png00Nick Aalerudhttps://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.pngNick Aalerud2017-01-10 17:36:182017-02-09 18:30:27Overcome Fear of Failure, Succeed in Sales
https://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.png00Matt Perryhttps://aarealestategroup.com/wp-content/uploads/aa_real_estate_logos_final_group-300x112.pngMatt Perry2016-12-15 15:20:332017-02-09 23:11:57Sales 101: Can You Close?
We can help you achieve your financial goals.
Request a free consultation today!
AA Real Estate Group | 2500 Main St STE 203, Tewksbury, MA 01876
Phone: + (781) 281 7643 | Email: firstname.lastname@example.org
We’re driven by core values of Integrity, Service, Teamwork, and Impact. That means we strive to do what’s right, to put others first, and to work together to positively impact our clients & community.