Time Management 101

Time Management

One of the most important skills to master for long-term success is time management. This is particularly true for real estate professionals who must balance myriad tasks in a given day: role playing, prospecting, door-knocking, listing presentations, open-houses, closings, and the list goes on.

The pandemic, of course, has put a sharper lens on the importance of time management. Most agents are used to the solitude of working from a home office. But the COVID lock-down did a number on such solitude for many business professionals who now had to negotiate boundaries with home-bound kids, spouses, and even pets who were used to their own form of solitude.

The good news is, we are emerging from the worst of the pandemic, getting back to the thing we used to call “normal.” We thought this would be the perfect time to outline five time management strategies that every real estate agent should follow:

  1. Your GOALS should dictate your approach to time management. By knowing your numbers for the year, you can develop a schedule that is designed to best help you reach those goals.
  2. EVERYONE should be aware of your schedule. This means your family and your associates. By sharing (or even publishing/posting) your weekly schedule, you hold yourself accountable to others, but also help to establish boundaries that others should not breech.
  3. Your business is your JOB. This might sound strange, but think about it. People who get up each morning and drive to an office for their 9-5 job are automatically tied to a given schedule each day. Entrepreneurs and independent contractors need to create their own sense of urgency, and one of the best ways to do that is to define your work as your job, by developing the same routine to guide your daily activities. As you would with a traditional job.
  4. If you do not have a dedicated time management system, take 3-4 weeks to TRACK your hours in order to see how you currently spend your time. Make sure every minute is accounted for. Tracking your time allows you to see where you have strengths and soft-spots in your business approach. At that point, you can begin to develop a plan to shore up the soft-spots and exploit the strengths.
  5. PRIORITIZE your tasks each day. Certain tasks are both important and urgent, must get accomplished. But make sure you always set aside time for the things that are important, but might not be urgent. These are things like long-term business strategy, coaching sessions, learning new systems, etc.

Indeed, time is money, and if you’re not managing your time, you’re likely not maximizing your revenue potential. Find a time management plan that works for you and stick to it.

RECOMMENED ARTICLES

real estate lead generation

Generating Leads over the Phone

By Espresso Agent | November 10, 2022

In today’s guest post, Mike and Mary Pallin of The…

Read More
Real Estate Expired Listing Leads

Prospecting Real Estate Expired Listing Leads

By Espresso Agent | November 3, 2022

Regular readers of this blog know that we focus on…

Read More
Working With Real Estate Scripts

5 Tips to Master Real Estate Prospecting Scripts

By Espresso Agent | October 27, 2022

One of the things we reinforce as often as possible…

Read More

Still Have Questions Or Interested In Learning More? Contact Us Today

  • By continuing I give express permission to Espresso Agent® to call, email, and text me.
  • This field is for validation purposes and should be left unchanged.

Espresso Agent > Blog > Time management > Time Management 101

Expired Listing Leads                        CRM                                  Blog
FSBO Leads                                       Dialer                                 Why Choose Us
FRBO Leads                                       Video Email                       Today's Brew
Real Estate Farming                                                                      Pricing
Pre-forclosure Leads                                                                    Login

195 W Main Street American Fork, UT 84003