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!

So it’s been way too long since we paid attention to this written blog.  Everything has gone to QUICK snippets – mainly video on a social media page/group/post/insta/tweet/snap/ holy cow there are too many to mention.

That said – and with a million rehabs (7 concurrently) and a bazillion deals to analyze (hundreds per week!) we’ve been INSANELY busy.

We also have a ton of changes we are implementing – most of them, we’ll be posting here on on our social channels, so be sure to LIKE, SUB and FOLLOW us using our links…

 AA Real Estate Group Facebook Page

AA Real Estate Group YouTube Channel – @AARealEstateProps

@AARealEstateGroup – Instagram

@AARealEstate – Twitter

Here’s a quick rundown of a few of the big changes:

  1. New Acquisitions Department!

Knowing that in order to scale and help more sellers as we grow to be the top real estate buyer in the Greater Boston and Southern NH markets, we needed some super high quality people that believed in our core values – Integrity, Giving First, and Service to Others – to believe in our mission and come on board to treat our sellers and customers the way they want to be treated.  With our goal of getting positive testimonial from every seller we encounter who engages us (whether we can purchase their home or not), we’re moving forward on offering each person who calls a way to help.

We are SUPER excited and are investing most of our time in training these 5-star individuals as they represent our powerful brand.  Stay tuned for an announcement of the new website where you can meet them all.

2.  Welcome our new Director of Operations

With change comes growth, and with growth comes opportunity.  We are SUPER excited to welcome this unique individual aboard in a Director role.  You’ll know why when you hear him speak.  A total match with our mindset, our path to success, and the desire to see others push forward and succeed in a #GiveFirst manner.

Matt is coming on as a full Director of Ops, but he’s also serving as the head trainer for the Solutions Team (our buying group) and also as a coach for those real estate teams and investors looking for help and coaching (more details found on AARealEstateMentor.com).     If you have not reached out to him yet, he’d love to connect.  Feel free to connect with him via the social media channels above or through our Contact Us page.

Alternatively – you can learn more about him on our recent #ShutUpAndDoIt Podcast HERE: https://youtu.be/nAdUA5F310E

3. Portfolio Growth:

We are actively growing our Portfolio with rentals and larger-scale multifamilies in Central MA, Southern NH and even Eastern OH (a post on that later!) – but we’re SUPER excited about a particular commercial development project, first of its kind in #Billerica!

As many of you know – I (Nick) grew up in a town about 25 minutes north of Boston, and while I claimed to never be a “townie”, I moved back after bouncing around in several cities and towns…and I couldn’t be happier. With a brand new $75M high school being built and a town that’s the second largest in the state (but still retains its town meeting and “local” feel), it has proven to really welcome growth and development, and the parcel I’ve been wanting for 5 years, is finally within our grasp.

We will most likely be looking for partners on this project – so while I cannot divulge any details unless we already know eachother, I’d love to connect in any way to learn more about you and your businesses, and see if anything we have might be a fit with your goals.

That’s the best brain dump I have for now… as always, we appreciate you following us, and let’s grow together!


Who Are We?

The AA Real Estate Group (www.AARealEstateGroup.com) is a Greater Boston based redevelopment company that specializes in working with and assisting sellers of real property, buying, fixing, building and selling “AA” quality homes. 

Under our umbrella, we have a sales and marketing arm that specializes in unique marketing methods and partnerships with our agents (www.AAPremierProperties.com), a Short Sale negotiation company that services real estate agents, attorneys, and homeowners get out from underneath their debt (www.ShortSaleMitigation.net), and an educational arm that helps newer #rehabbers#wholesalers and #landlords learn how to keep consistent deals coming in and really ramping up the business side of a real estate company (www.GetMoreOffMarketDeals.com).

Follow us on Instagram, Facebook, Twitter and YouTube!

The Relationships Of Today, Become the Projects of Tomorrow.

Cash Offers in 48 Hours – Even if We Can’t Buy, We Still Can Help!

smoke-298243_640It’s been a loooong weekend — and not in a good way. Have you ever had one of those days that go on forever? When everything you had planned just goes up in smoke? In my case, it started when my youngest kid got sick on Monday, forcing us to keep him out of school for three days. And then my oldest came down with the super fever, and I had to stay home for the day on Thursday.

And then, Thursday turned into snow Friday, turned into Saturday, turned into the Sunday blizzard, which means no office day for me again today to catch up with my team peeps. Sure, there are always conference calls and Skype meetings, but there’s really nothing to replace a good old face-to-face meeting.

In short, I’m craving normalcy. While many can claim there’s no such thing, I can tell you for certain how awesome it was to actually take a shower and put on fresh jeans today. Not to mention how amazingly motivating it was to trim the gorgeous Swedish beard I’ve been (attempting to) style over the past year. All to then sit at my computer (since phone calls just will NOT happen when you have two sick and screeching kids) and get puked on.

Nice.

So. I’m calling out to you other real estate vets out there, those with kids and those who are also juggling a ton of deals and multiple businesses or muses at once — what’s the best method you’ve found to get you remotivated and back on track? And have you found ways to do it when you’re stuck not being in your zen place?

I realize there are a ton of REI gurus out there that claim to teach the game. Of course, I know that I’m better than most (hehe). But I have yet to find one that talks about what it’s like to continue to maintain time blocking, prioritization, and executing on income-generating activities when all you can hear is screeching from one kid while the other kid who hasn’t eaten in three days, say your name over and over again.

Now there’s a class I’d pay for!  ;-)

Seriously, though — how do you deal, while working from home or with serious distractions, or kids (who I cannot call distractions since then I’d he labeled as a bad father and then DSS would be called and I’d have to tell them that I didn’t say anything wrong and the complaint came from another delusional blog reader who is clearly bored and needs a hobby), and still stay on track? Or do you give in and let those days roll by, attempting to enjoy and take them as they are? Please share your tips, suggestions, and stories!

And, I gotta go — the other one is calling me. Le sigh.

 

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://youtu.be/0GMwl0Tu2u4

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!

 

 

Pat PatriotWhile 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.

Study film
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.

Persevere
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.

Be humble
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.

#DoYourJob  #NeverQuit #ShutUpandDoIt #GoPats

Keep calm and rehab on!