this month in real estate

testing

Random Thoughts on a Sunday Afternoon

As I was out walking this morning, really pushing both my pace and my distance, I had a flashback to my youth. I remembered one time I was running a marathon, and was having an awesome day – it actually turned out to be my PB of 2:38:30. I was waiting for a friend who was also running, expected to finish around 3:45, and so I went for a jog back out along the course. I learned a lot that day, as I noted how much more effort it seemed to be taking for the people who would be finishing in 3:15, 3:30, or even 4 hours. I was, at first, really surprised by that revelation. Not because I was discounting the effort that it takes for anyone to complete a marathon, but, I think, because I was discounting my own level of preparedness and fitness – both physical and mental.

You see, at that time, I was a full-time athlete, running 120 to 150 miles a week, and training with people like Peter Maher, who went on to lead the Olympic Marathon in Athens for most of the race, and others for whom 2:20 and fast was not that uncommon a time. We were FIT! We ran twice a day, 4 or 5 days a week, and I ran further than 20 miles in one run at least 3 times a week, with my long run being in the 30 mile range. We did track workouts up at York, and often were training at the same time as the Canadian Mens 100M team were training. We were surrounded by high-level people and training, and it rubbed off on us. And when we put in the work, we saw the rewards, many times over.

Flashing back to my jog back down the marathon course that day, I still remember one lady’s comment to me those 23 or so years ago. I was urging her on, to keep moving up this mountain of a hill on the course, and she said ‘It’s EASY for you to say – you’ve already finished the race!’ Hmmm, yeah, I remember thinking, the race actually was pretty easy for me, but not for the reasons I think she meant. It was ‘easy’ for me because I had trained so hard and scientifically for it, and peaked on the exact race day. I had run that race so many times in my mind, and had actually run the course several times in the past, so there were no big surprises for me. All in all, I was prepared for it, to the best of my abilities at that time.

So, why am I relating any of this to you? Well, like I started out saying, this came to me this morning, and, as I usually do, I started to look for the analogies with my life today, especially with my business and the agents in my market center. This is what I came up with . . .

- When we want to be winners in the race that is our real estate business, we must train ourselves in many disciplines. We must train ourselves in scripts and dialogues; we must train ourselves by previewing properties; we must train ourselves by role-playing AND real-playing; we must follow proven models; we must avoid the urge to change things that are proven to work

- We have to actually do the work; we must take action

- We have to measure our results

- We have to be accountable

- We have to be honest with ourselves

- We have to know our motivations; we must constantly revisit them

- The harder we work, the luckier we get

- We can’t let the rain or the snow or the heat stop us from doing our work, because our competitors won’t let it derail them.

And perhaps the most important thing of all . . . .

The more we do our work, the less like work and the more like play it becomes. Those track workouts that used to leave us on the verge of puking at the beginning of our training cycle became real fun as we got fitter and fitter and shared our pain together. The more you get out there and lead-generate, the more you do all those things that are part of being in this, the greatest profession there is, the better it gets!

The Millionaire Real Estate Investor

This video presents a sampling from the March 2009 workshop. We have monthly workshops, aimed at both the beginning investor and the experienced investor alike.

The Millionaire Real Estate Investor: Anyone Can Do It…Not Everyone Will…Will You?

When Wendy Patton bought her first investment property she was living in a hotel, made $20,000 a year, and owed that much in student loans. Today Wendy has bought and sold more than 600 houses.

Jimmy and Linda McKissack struggled for years to turn a restaurant and nightclub into a sustainable business. They began supplementing their income through investment properties. Within five years they went from a handful of investment homes to 83 residential properties worth over $10 million.

Based on extensive research and interviews with over 120 millionaire real estate investors like these, Gary Keller’s “how to” guide reveals the models, strategies and fundamental truths millionaires use to become wealthy through real estate investing. But the book isn’t just about real estate. This book also takes a hard look at the money myths that hold some people back and the money truths that lets others soar. The book begins by exploring the “MythUnderstandings” about the way people view investing. For example, Keller explains despite what most people think, investing by definition and design isn’t risky. Millionaire Real Estate Investors employ time-tested strategies to avoid risk and, in the end, take luck out of the game. Coming to Milton’s Best Western Inn on April 21st, 2009, from 7:30 to 9:00pm, the Millionaire Real Estate Investor Seminar. In this 90-minute workshop you will learn: How to develop the mindset of a Millionaire Real Estate Investor Sound criteria for identifying great investment opportunities Proven and tested models to help you build your real estate investment portfolio*

There’s nothing to buy and no cost to attend this workshop based on the best-selling book The Millionaire Real Estate Investor.

To register, please send an email to us, or call Chris Newell at 905-878-4444

* Like any other endeavour, your success as a real estate investor will depend primarily on your own effort and ability.

Real Estate In Milton 04/04/09 to 04/10/09

This weeks Milton Total Market Overview 04-10-09 is now available – just click the link. As a brief synopsis, the market this past week continues it’s upwards trajectory, fueled by prices that are down 10-12% over 7 months ago, and interest rates that hit an all-time low of 3.49% for a 5-year closed.

The available inventory is down slightly, as are the number of units sold, however, perhaps the most telling number is the expiry ratio – the less houses that are taken off the market, the more it is a sign that seller’s are regaining their faith in the market.

Don’t be a fence-sitter and get caught out – we only slightly dipped into a Buyer’s Market, and all indications are that we are not headed back that way again in the near future.

More on Real Estate In Canada April 2009

This presentation is also prepared by Keller Williams International. It has a slightly different focus than the other presentation offered. This one is best viewed in full-screen mode, and is hosted on a different site.

When viewing any presentation on real estate market data, there are a number of key points to keep in mind:

1. The national media does not like good news;
2. Everyone thinks they are an expert, yet 99.9% work from emotion, not facts;
3. The absolute best source for information is a local expert working every day in the area you are interested in;
4. Real, locally-generated numbers don’t lie;
5. Canada will not suffer the same fate as the USA because our banking system is superior.

With this in mind, if you have any questions at all about the information presented, please contact me on my cell 7 a.m. to 7p.m. 905-208-7002. Even more convenient is to just click here to be automatically connected to my cell.

This Month In Real Estate Canada April 2009

This monthly series from Keller Williams International gives a great insight into what is happening across the country, along with information on the different factors affecting the market, steps the government is taking and a number of other measures.

Walk On – Humbling

more about "Walk On – Humbling", posted with vodpod

Hello world!

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!