5 Golden Nuggets For Commercial Real Estate Success

I recently attended a bootcamp designed to4. Have a Winning Team in Place
teach the attendees to attract clients like crazy (II think I have always underestimated the
will be hosting a similar bootcamp in late 2007importance of a having a winning team in place.
especially for commercial real estate brokers) andAnd a winning team extends beyond your
while reviewing my notes realized each presenterassistant and perhaps a junior broker or two.
had 5 common elements. I'd like to share theseA winning team for me includes:o Assistanto
elements and pay attention because eachWebmastero Transcriber (from audio to word)o
presenter earns multiple 7 figures each year!Office Organizero Lawyero Accountanto
In order to achieve maximum success in businessMarketing Coacho Mastermind Groupo Technology
you need to have the following 5 pieces in place.Expert
1. PlanningMy team allows me to grow my business.
You must get into the habit of setting measurableWithout these people in place I cannot do what I
goals and then planning daily, weekly, monthly anddo.
annually the required action steps to achieveThe biggest mistake people make when building a
these goals. Planning brings clarity for what needsbusiness is adding team members in place after
to happen in order for you to achieve your goals.they are needed. This style of growth DOES NOT
Just think of a day when you went to work andwork. The team needs to be in place before the
knew exactly what actions steps you needed togrowth occurs. They support your growth.
take in order to achieve the results you expectedWho's on your team? Just for fun, list them out;
to that day. Then, think of a day when youwho's missing?
weren't focused and seemed to spin your wheels5. Make Choices
all day long. The difference was you planned!Everyday you make choices for better or worse.
2. Marketing MindsetFor example you made the choice today to read
You need to understand you are not just in thethis newsletter and maybe, just maybe, you will
business of delivering a service but you are in thepick up a tip or two that will improve your
business of marketing as well. When you learnedbusiness.
the business, you were taught how to performYou make the choice to show up to work
specific services required of your client. You wereeveryday (or not), to exercise daily (or not), to
not given a course on marketing.take action steps that will put money in your
You can be a terrific broker but if you can't orpocket (or not); you get the idea.
don't know how to be a marketing master youThe choices you make reflect the life you are
will never be able to keep your pipeline full.living. No one else makes these choices for you,
Just the same, you can be a mediocre broker butyou are in control.
a master at marketing and guess what? You willSo, why not choose a little more thoughtfully. Ask
never have a shortage of clients!yourself what result the choices you are making
Learning how to market your services will givewill bring you. For example, if you decide to skip
you more bang for your buck then anything elsefollowing up with that prospect you've been
you can do.thinking about you may lose the opportunity to a
3. Have Systems and Processes in Placecompetitor. If you choose not to write and
I cannot stress the importance of having systemssubmit the report for your client when it's due on
and processes in place. Why re-invent the wheelFriday but instead send it on Monday, you have
every time?chosen to be late and therefore break a
Some examples for useful systems includecommitment to get things to your client as
marketing, prospecting, time management, andpromised.
follow- up (join my Commercial Real EstateMake choices that reflect what you stand for and
Success Inner Circle being re-launched next monththat support your goals.
for these system templates).I hope you will take some time to think about
The result of taking the time to implementthese 5 golden nuggets for commercial real
systems and processes is simple - more time forestate success and "choose" to adopt them for
you!your business.