Real estate agents waste time on errand work like installing signs and dropping off lockboxes. Record simple step-by-step videos, hire local runners for cheap, and use Slack to delegate these tasks. The goal is to stop doing low-skill work so you can focus on deals that actually make money.
Systems. Easy to say yet it's sort of this mystifying business coaching term is like, yeah, leverage through systems, right? You need to build systems. So what is the system? This is pretty simple when you think about it. So assuming you've done the time study, you've considered passion versus pay, the building systems part comes in. It's just looking at the tasks that, that are button clicking in nature where if you're being honest with yourself, anyone can do them and they don't have to be physically in your, in your geographic market. It could be that like they're more like an errand, like dropping off a lockbox or brochures or picking up a check, you know, due diligence check and getting it to the attorney, putting it, installing a yard sign. Those are necessary activities, but they're not really. You don't need to be the one doing them. So the question is, how do you get someone else to do them? You simply record, you know, either through loom or you record yourself doing the physical activity like, okay, I no longer want to install yard signs. So you're going to pick up your iPhone and you're going to take it in the back of your car. You're going to say, okay, this is the yard sign call. This is the yard sign. This is how I install it. And you're going to hire some college kid or high school kid or there's plenty of, you know, talented courier runner type people in every market and they don't charge a lot of money and they can do it for you. So you actually build the system, record it, tell them how you want to do it and then you just get it off your plate. And then you figure out a system through Slack or text where you or your admin can reach out to that person when you need that thing done. You have to view everything in the business as something ultimately you can exit from that activity. And you may never exit from listing, you know, from listing presentations or negotiating contracts or some of those highly dollar productive activities. But you have to have this mindset that it's possible. So the question here is, what things am I doing in my business that if I'm being really honest with myself, I don't need to be the one doing them? These things are actually hindering my ability to be financially free.
