It is amazing how many people think action is 'over' analyzing statistics out of fear. Needless to say fear exists, but those who do not want to take action use "not enough time to analyze" as an excuse.
That said, self-doubt manifests itself in several ways. When agents convince themselves that they cannot succeed, they stop taking the actions that are necessary for them to become successful. The first thing that the agents stop doing is prospecting.
Most people hate talking on the phone anyway, and that's especially true when they are making cold calls. This task seems enormous to those who do not believe the talks will ultimately result in their success. The inability to prospect is the equivalent of not bringing in business and in turn leading to loss. Another issue is that many real estate agents don't take the time necessary to make their listings look as engaging as could be expected under the circumstances. Not just must the data be displayed precisely, which it regularly is not, but rather things, for example, photographs and depictions ought to likewise be high caliber, and this quality sells homes. Real estate agents who "simply want to get something up" will often see their listings in the marketplace a whole lot longer than the ones who put in the effort and time necessary to make the homes that they are selling appear as attractive as possible. Most real estate agents come up short in their first year, in expansive part in light of the fact that they basically don't trust that they can succeed. This absence of conviction, and the high attrition rate that they see that fortifies it, drives them to quit doing the things they have to do to be successful. You can get something out of any venture when you know every one of the subtle strategies. Some real estate agents are hesitant learners and that may be one of the reasons leading to their defeat. Aptitude and the willingness to learn go hand in hand. When you are willing to gain from your oversights you will have the capacity to perform better with …show more content…
One obvious characteristic of people who fail is they always try to go it alone. It’s the biggest mistake any real estate investor can make! The importance of a good real estate mentor cannot be stressed enough, especially for the beginning investor.
WHY DO YOU NEED A MENTOR?
1. Costly errors, mistakes in judgment and shady deals can all be averted
2. Investing in something as expensive as property should never be taken lightly, and reading one or two books on the subject is not enough.
3. An experienced mentor will be able to help you structure the deal to your advantage, but also show profit potential you may not have realized in investigating the deal.
4. For those who are new to the market, there are many questions to be answered; sorting much information. And, frankly, the whole process can be more than a little intimidating. Mentoring puts a lot of complex information in layman's terms, making it easier to understand and the whole process a lot less