Property ManagementPlan a Successful 1999
To achieve success in 1999 people need to learn from 1998, then invest that
knowledge in 1999. Most agents’ lack of success or achievement of success is
directly relational to the plan they created and carried out through out the
year. Probably most of them do not have a plan or the plan lacks specificity
and power to transport them to supreme success. I am coaching some of the most
productive agents in North America, some agents who are doing 30, 40, 50
million dollars a year in sales. Many of them lack the vision or the plan in
their life. They are extremely successful, but they could double their
business by creating clarity in their lives. You can do it, too.
You need to resolve today to focus over the next 30 days to create a clear
vision for the future. You need to resolve to make 1999 the best year of your
life. You must decide to make plans, set goals, and take action so you can
achieve more in 1999 than ever before. Truly successful people have specific
goals and a clear plan to achieve them that they work on everyday.
When planning for the next year you need to create a vision of what it will
look like. You need to look at December 31, 1999, and determine where you want
to be. You need to visualize gross commissions earned, number of listings
sold, buyer-controlled sales numbers, expenses to run the business, and net
operating profit. You should also determine the new ideas or systems you want
implemented during the course of the year. You might evaluate your current staff, or decide if you need to add staff. You should decide how much money you want to have saved by December 31, 1999. Look at it as, "If everything happens perfectly, what will it look like?"
Once you have a clear written vision on these things you have completed
step one. The crucial part is to create the vision and write it down. Studies
have shown that there is a direct correlation between writing something down,
(especially vision, goals) and entering it in the subconscious mind. Napoleon
Hill said, "What the mind can conceive and believe it can achieve." When you
write your goals down, your subconscious mind stores the information in belief
form and works diligently to create the reality of your goals.
If you wish to become a peak performer, you must project your vision
forward to the future. You must see what the future looks and feels like as if
you were standing there right now. From your view point in the future, look
back to where you are currently. You will be able to see a series of steps
that you need to take to move from where you are to where you want to be. When
you create and follow this road map, you will have become a peak performer.
In order to create a vision which develops into a plan, you will need to
practice and work at it. Your first attempts will take more time and maybe a
few more turns in your route up the mountain of success. Your speed and focus
will increase as you diligently work everyday on your vision and your life. To
increase the speed and focus makes the difference between traveling up the
mountain on a Yak or in a Hummer. They both will get you there. The big
difference is the comfort, the ride, and the speed to the top. You may be on
the Yak awhile at first, but you are still making measurable progress up the
mountain. The view 1/4, 1/3, or 1/2 way up is better than the view from the
valley floor below.
You need to determine what you want to earn, then how you are going to earn
it, i.e., buyers or sellers. You need to know where specifically the money is
coming from, i.e., referrals, open houses, cold calls, expireds, or FSBO’s.
You need to know the percentages of where your business is coming from and
number of deals. Here is an example:
Percentage of Business
Total transactions 25
Referrals1456%
Open Houses728%
Expireds416%
You must be able to create a formula to use, then break it down monthly and
weekly to the tasks you must accomplish in that time frame. You can then
control your business rather than your business controlling you.
You can have anything you want in life as long as you plan for it. You
must, however, create a plan based on your vision and work it back to the daily
disciplines you must do in order to achieve the plan. When you follow these
steps you will be one of the peak performers.