How new real estate agents can overcome obstacles like time and money.

Today I want to go over a couple of obstacles that agents typically face in their day-to-day business. Not enough time and not enough financial resources are the two most common obstacles. There’s the saying, “It’s either time or dime.” Choosing one or the other depends on where you are in your business, how much business you’ve had in the past, and how much you have to invest in either one.

If you’re early on in your career, you may have more time on your hands than you have financial resources. At that stage, it’s about committing more time to prospecting, open houses, and working in your sphere.

“It's either time or dime.”

As a real estate agent, one of the biggest challenges besides time is the financial aspect. It takes a big investment, but you should really focus on your sphere of influence. We all have a massive list of contacts sitting in our mobile device, email, and social media accounts that are potential sources of business. The places that you frequent each day and the people you meet there are also all potential places to find great opportunities.

That doesn’t mean that everybody is looking to do business today. However, they’ll all need real estate representation in the future. Build those folks into your contacts early and reach out from time to time to remind them that you’re in the business and provide them with value.

If you have any questions, don’t hesitate to reach out to me. I’d love to help you.