REINZ Real Estate Magazine - Autumn 2021

Page 56

INTEREST

5 life-changing tips for real estate sales people Is poor time management impacting your productivity and mental health? Join the club! It’s all too common for real estate salespeople to start their careers with enthusiasm and excitement, only to sabotage their goals… or worse, burn out or ruin their relationships - due to poor time management habits. In this article, we explore how to get ahead in real estate, without risking your health or happiness.

5 Tips for Taking Control of your Time and Success 1. Observe how you naturally organise your time and action Are you strategic with your time? Do you focus on the strategies and tactics you need to achieve and maintain your goals in all areas of your life? Or are you racing through your days attending to the urgent, noisy tasks and ‘firefighting’ issues? If it’s the latter, here’s a couple of things to consider: • The important stuff is usually much quieter in our heads than the urgent. If you don’t prioritise it, you risk the ‘noise of the urgent’ overtaking your life • Our mental and physical health and our careers are too important to leave to chance. Both are impacted by poor planning • You are ‘x’ number of years from retirement. The future may feel a long way off, but have you thought about how much money you’ll need to be able to retire and live comfortably? Are you on track with building adequate financial assets to generate the kind of lifestyle you’ll need to live a long, happy retirement? If not, get clear… don’t leave your future security and lifestyle to chance! If you naturally organise your time in a way that is ‘ad hoc’ (i.e., you’re disorganised with it), you need to rethink this! Thinking about it might feel hard or boring, but it’s so important. (If you struggle to do it on your own, get help to think it through. Seriously.)

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The Real Estate Institute of New Zealand

Jasmine Platt, Founder, Real Estate Leaders

2. Get clear on your goals This is such a critical one, and yet it’s one that so few people do well. Most people tend to rush around their lives – taking a tonne of action – and with a general hope for ‘progress’. But if you don’t have clear aims that are grounded in what really matters to you, you risk not achieving your goals, or adequately tending to your important relationships, your health - and any other important areas of life.

3. Make sure your goals are clearly thought through Know what you want - and why you want it. For example, don’t set goals like “to earn $300,000 a year,” if you don’t know what the $300,000 is actually for. It’s too arbitrary. Work out what you actually want (e.g., pay off mortgage, put Mum in that comfortable rest home down the road, paying for Dad’s upcoming cancer treatment, pay for kids’ private schools for the next five years, etc) – and then work out how much money you need to cover those things. You might discover you only need $200,000 – or, conversely, that you need $500,000. At that point you can re-evaluate your time and strategies for getting there.

4. Prioritise your personal “big rocks” If you haven’t heard it before, the term ‘big rocks’ refers to a well-known tale of a professor teaching his students about priorities and their use of time. He uses a jar as a representation of one’s capacity, and goes about filling it with big stones first, then smaller stones, then pebbles and finally sand until it’s full. He shares that if


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Articles inside

Looking ahead in 2021

3min
pages 16-17

Potential changes to the Unit Titles Act may be on the way…

5min
pages 64-66

AML: Expired passports guidance

3min
pages 62-63

Supporting buyers and sellers to navigate a hot market – meeting your obligations under the Code of Conduct

3min
pages 60-61

Value-adding renovation ideas for $5k, $10k, $20k or $50k

2min
page 59

5 life-changing tips for real estate sales people

5min
pages 56-57

Invest in personal branding and social selling

5min
pages 54-55

Tax doesn’t mean taxing your brain

5min
pages 52-53

Building a smart city – from the ground up

4min
pages 50-51

5 reasons real estate agents should use video

2min
page 46

New technologically advanced automated valuation model from REINZ

2min
page 45

New Plymouth riding regional New Zealand’s success

3min
pages 38-39

Methamphetamine - more clarity required for landlords and property managers

3min
page 35

Tax consideration for residential property investors and property managers

4min
pages 32-33

RTA Amendment Act 2020

3min
pages 30-31

Rural momentum set to continue into 2021 as demand exceeds supply

4min
pages 26-27

Virtual innovation during COVID-19

5min
pages 24-25

House prices in Wairoa grew at fastest rate in NZ during 2020

2min
pages 14-15

Financialisation of New Zealand housing market is driving house price increases

3min
pages 22-23

Apartment living has never had more appeal

4min
pages 20-21

Fuelling up for the future

3min
pages 36-37

Climate risks could impact loans

4min
pages 28-29

Number of million dollar plus properties sold in 2020 reaches new record levels

4min
pages 18-19
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