Friday, August 24, 2012

KCM Quick Tips: Are you prepared for September?

1. Snap Back To Work Immediately After Labor Day
We hope everyone enjoys the holiday weekend. However, be ready to 'snap' back to work immediately. The month of September will be crucial in deciding your income for the last quarter of 2012. Your success in 2013 will be determined by your fourth quarter in 2012.

2. Make Sure You Are Talking About the Housing Recovery
There is still a lot of economic uncertainty in the world. However, the one truly bright spot in the United States economy is housing. Make sure you let EVERYONE know that.

If you would like help explaining how the housing market is in full-out recovery, check out this webinar we recently hosted on the subject: Is the Housing Market in a Full-Out Recovery?

3. Bring Clarity to the Confusion about House Prices
Some experts are projecting home prices to appreciate 10% over the next year. Others are saying that prices might tumble another 20% over the same period.

Each market's prices will be determined by the number of houses available in the area in ratio to the number of buyers looking to purchase a home.

Make sure you are comfortable explaining the concept of 'Supply & Demand' and how it affects real estate. For a refresher on this point, you can take a look at a blog post we just authored: Supply & Demand and Its Impact on Housing.

4. Take a Class on How to Write an Effective Business Plan
Many of the deals you put into contract after October 1st probably won't close until 2013. That means that a 'new year' starts on that day.

What are your goals for next year? What will be your strategy?
Have you committed your thoughts to a formal business plan?

Treat your business like you would any other. Take a class on how to structure a business plan and see your income skyrocket.

5. Be Passionate, Yet Humble
A recent study by renowned researcher Jim Collins reported that successful business people combine a deep personal humility with an intense professional will.

You must stay the course and not let the current momentum lose any steam this winter. You have six more months of hard work to completely reverse the challenges you have experienced the last few years.

Your success is entirely in your own hands...