Are You Wasting Your Time?

Are You Wasting Your Time? Is your company a mean, efficient machine?

If you replied, “Hmm, I never considered it?”

You’re in great company.

Most Realtors do not spend time thinking about their business.

If you ask them why, they’ll say they’re too busy.

They didn’t consider that if they managed their firm more efficiently, they might not be as busy.

Now is the moment to evaluate your company.

What do you do well?

What areas need to be improved?

Let’s Discuss Your Time : Are You Wasting Your Time?

Are You Wasting Your Time? Your most valuable asset is your time.

How much of it do you throw away?

Consider how you spend your daily 24 hours.

Assume you sleep for 8 hours every night and work for 8 hours every day.

That leaves you with 8 hours every day to accomplish whatever you want.

But you continue to claim that you don’t have time.

“People make time for what they want to do,” my father used to say. But that’s a topic for another article.

If you run an efficient firm, chances are you have time.

How Does Your Workday Look?

Assume you work 8 hours every day, based on the breakdown indicated in the preceding paragraph.
What exactly are you doing over the next 8 hours?
How much time do you plan to devote to:

Making phone calls to people in your sphere of influence, as well as present and former clients
Making unsolicited phone calls
Making notes
Social networking sites
Writing provides
Transaction processing
Looking through the numerous listing service
displaying property Investigating properties
Following up with customers, lenders, title companies, and so on.
Managing CMAs and negotiating offers
Performing home inspections
Attending to the settlement
Real estate brokers have a lot to accomplish in order to gain clients and ensure that a transaction closes on time.

The question is, how much time do you devote to each of these activities on any given day?

Parkinson’s Law

Are You Wasting Your Time? While most people are aware of Murphy’s Law, few are aware of Parkinson’s Law.

Parkinson’s Law has become a favourite of mine, and it helps me stay focused and on target.

To paraphrase Sir Cyril Parkinson’s law, activities grow in proportion to the amount of time we give them.

For example, suppose you set out an hour to check your email. You will need one hour.

If we use Parkinson’s law, and you set aside 15 minutes to check your email, it will take you 15 minutes.

This is why time blocking works so well.

Time blocking prevents activities from taking on a life of their own. There is a set deadline for completion.

Improve Your Efficiency

Have you ever noticed how you manage to get everything done even when you have a full day?

On the other hand, when you don’t have much to do, does it take you all day to do those few tasks?

Wouldn’t it be amazing if you could be more efficient with your time every day?

It’s easy, and here’s how.

Each evening, make a list of the activities you intend to complete the next day.

Write the amount of time you will spend on each task beside it.

You will feel at ease when you wake up the next morning since you know what you want to do during the day.

You will be more concentrated and less prone to distraction.

When you manage your time well, you can finish more work in less time.

What’s more, the best part?

You can stop working once you’ve finished your list without feeling bad.

You can relax and possibly unplug throughout your vacation.

The main line is that when you work, you truly work.

Have a prosperous day!