Nov. 14, 2006
Wow! I can't believe we had 65-degree temperatures here Thursday (November 9
th) in
Lansing, Michigan. It makes you want to go sell a house. The front page of today's paper showed a man out on the golf course enjoying the opportunity and it made me think of how
Golf and Real Estate are so much alike. I use to play a lot of golf prior to my knees acting up, that's like an agent who use to sell a lot of real estate until they burnt out.
In golf, if you want score well you have to have the right equipment. In real estate today the right equipment means being on top of the best technology to provide great pictures, websites, and communication.
In golf, if a golfer wants to score well, he or she needs to know the course. Do we know your market? The inventory of what's available, schools, amenities, tax rates, transportation etc.
In golf, they say your score depends on 75% mental attitude; you have to have a vision of how the shot is going to turn out or feel the swing. In real estate, we have to believe the results are going to be that new listing or sale. We have to picture the results. "Those who believe they can, and those who believe they can't, are both right.
In golf, you should always play the course, not your opponent. Sometimes we in real estate worry too much about our competition instead of focusing on the services we can provide each buyer or seller.
In golf, we have the drive, the approach, the chip and the putt. We call that activities in real estate, like leads, prospects, open houses, FSBO's, expired listings, relationships, and presentations.
In golf, sometimes the hazards like sand, woods and water can challenge our game. We in real estate experience that with slumps along the way, problem files, challenging sellers, buyers, co-op agents and vendors. However, by chipping out and getting back on course we keep our focus on the end results.
In golf, I know most pros have coaches who may assist the golfer on mental attitude, stroke improvements, and various segments of their game. It's also important in real estate that an agent has that support system. We have managers; staff, systems, tools and many agents today even hire a coach to boost their income and accountability.
In golf, most golf pros practice, drill and rehearse daily to perfect their game. Realtors who want to be pros are also subject to practicing their presentations, scripts and staying on top of marketing techniques to survive in today's world. How can we expect to win customers and clients over to our side if we don't practice, drill and rehearse?
In golf, they call it good edict to replace divots, fix ball marks, treat every player with respect, count all your strokes and use the proper amount of clubs. We in real estate have a great code of ethics provided by NAR that gives us the guidelines and rules to follow. The golden rule goes along ways when working with other Realtors to compliment, communicate and look at them as true peers of our industry vs. just competition.
In golf, they keep score and have a handicap. Are you keeping score of your
real estate career? What's your handicap? Vision, goals, objectives, strategies, and tactics are what Realtors need to succeed.
If a golfer wants to hit a great shot, they have to keep their head down. Realtors, I say keep your head up.
Some practical things to think about as we prepare for another exciting year in real estate, what do you think?