How to earn $50K in Commissions in 2 months or less!
Earn $50,000 in commissions in one month. Or two.
Does that impress you or make you mistrustful? The average commissions for a YEAR for most realtors is $40,000 so to make a promise as bold as $50,000 in commissions in a couple of months is pretty outstanding. Is it possible?
The short answer is “yes.” But it takes a whole new level of hard work to get there.
It behooves brokerages to help their agents become top producers. Everyone wins! But they often go about it all wrong, offering boot camps or training programs that you’re all supposed to implement in your businesses. They’re “success templates.” And this sometimes works, as long as your business is perfectly aligned with the system that is being taught.
But more often than not, a custom plan is needed. We can’t treat businesses like they’re all alike, anymore than you can treat every client in the same way. It’s just not how it’s done! It’s amazing how this “cookie-cutter” approach seems to be the prevailing wisdom in most real estate training programs, when we all know how important it is to listen and respond to each agent differently. As we uniquely approach each client, so we should uniquely approach our real estate businesses.
Take Tony Menchella as an example. He’s been at Remax West for over 20 years and has been a top-producing agent for over 25 years. This success didn’t come by accident, but by hard work - and a custom plan. Success is not for the lucky (though let’s be honest, luck certainly helps). But many more agents hit the top tiers of the industry by carefully and methodically implementing the techniques and tactics that are right for their business – not everyone else’s business!
To say that you, as an agent, can earn $50,000 in commissions in 1, or even 2 months may sound ridiculous. But why? Top producers don’t say, “I don’t think I can do that.” Instead, they say, “HOW can I do that?”
There are three main questions you have to ask yourself in order to know if you’ve got what it takes to be a $50,000/month agent:
1. Do I have a strategy?
If you don’t know what success looks like, or how you are different from the other agents and teams in your competitive area, you’ll never win. Make your goals quantitative and measurable and never stop adjusting your programs as you move closer and closer to attaining them.
2. Do I have a schedule?
Realtors have a never-ending list of actions that must be taken to keep their business thriving. Create a schedule for everything including prospecting (social media, email, door knocking, etc.), follow-ups, marketing output, listing presentations – everything! Let nothing fall by the wayside and you’ll never miss a potential client, a repeat or a referral.
3. Do I have a system?
And finally, what’s your system? How do you get things done every day? If your business is growing fast enough a buyer’s agent or admin should be part of your team. Make your business scalable and flexible so that you respond quickly to requests, and can keep all your tasks on time. It’s incredible how few realtors treat their business like a business, but if you do – then you’ll reap all the rewards.
These are just 3 of the many important aspects of your business that must be in place if you want to be a top-earning agent.
It’s a lot more possible than you think.
The Remax West Team
P.S. Want a custom plan for your business instead of a cookie-cutter template? Click here. (https://impetus.leadpages.co/remax-west-newsletter-contact-form/)