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Today, we’re delving into three practices top producers should avoid to maximize efficiency.
1. Handling showings yourself. As you reach a certain point in your career, driving to and personally conducting every showing becomes impractical. Establish trust with another agent, possibly within your brokerage or a mentee, and consider charging a flat fee for each showing they undertake. At City Chic, we employ showing agents, fostering collaboration between seasoned and newer agents while ensuring compensation for both parties.
2. Spending too much time on transaction management. Coordination of paperwork, signatures, and schedules shouldn’t be on your plate. Outsource transaction management to specialized companies or utilize in-house services provided by brokerages. The beauty of this is its typically flat fee structure, making it a predictable and worthwhile investment.
3. Running your own social media. While maintaining some personal engagement, outsourcing the majority of your social media tasks is a game-changer. Opt for a reputable concierge social media company that offers personalized content. I personally use one that conducts a quarterly photoshoot, providing 90 days of scheduled, on-brand social media content. This approach allows flexibility for real-time updates without compromising consistency. If you are interested in this social media company, please contact me and I will gladly connect you.
For those closing 20 or more deals annually, it’s time to strategize on leveraging your time and energy. Implementing these three practices will significantly free up your resources. If you have any questions or need further guidance on these strategies, don’t hesitate to call or email me. Here’s to a year of efficiency and success!
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