The document discusses the high failure rate of realtors after their first year and identifies some key reasons for this. It notes that around 9 out of 10 realtors quit after the first year due to a lack of plan. Having a plan is important for success even if it is simple. The document then outlines "The 7 No's of a Successful Realtor" which include avoiding disorganization, haphazard follow-ups, hard work, part-time hours with full-time expectations, lack of further education, not saving for lean times, and working alone without support from others.

1. The
7 No's
of a
Successful
Realtor®
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CalBRE# 00659397

2. How many
people quit
real estate
after their
first year?
What's your
guess?
A quarter?
Half? 75%?via Blog Boy

3. If your
guess was
any of
those,
you're
gonna be
shocked.
It's more.
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4. A 10-year
study in the 90s
put the average
failure rate
after the first
year of people
who go into
real estate
at just shy of 9
out of every 10.
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5. A decade
and a half
into the
2000s, it's
gotta be
pretty close
to the
same.
(Agree?)via Blog Boy

6. So why
do so
many
give up
on real
estate?via Blog Boy

7. I'd like to
submit it's
because they
didn't have a
plan. It's a
critical mistake.
Many people
"hope" for
success, but
don't have a
plan on how to
pull it off.via Blog Boy

8. A plan doesn't need
to be complicated.
A plan does take
some thought,
however, and
discussion with
others who've
been in real estate
for a while.
And beyond that the
implementation of
the plan is the key.via Blog Boy

9. If you
don't put
it into
practice,
what
good is
that?via Blog Boy

10. Which brings us now
to a quick list for
success.
Of course, it's meant
to be only a
template.
And I guess it really
could carry over to
any career, quite
frankly.
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11. The bottom line,
hopefully it'll be a
help (should you
need some) to get
your own juices
flowing in the area
of plan-making.
Here are “The 7 No's
of a Successful
Realtor®”...
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12. No #1:
Disorganized
contact
databases.
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13. No #2:
Haphazard
follow
ups.
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14. No #3:
Avoiding
the hard
stuff.
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15. No #4:
Putting in
part time hours
expecting
full time
return.
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16. No #5:
Neglecting
further
education.
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17. No #6:
Not saving
for lean
times.
(A double negative
equals a positive.)
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18. No #7:
Lone
rangers.
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19. Follow us
on Twitter:
click here
Visit our
Website:
click here
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