💰Where to Find the Real Money in Real Estate💰 #realestateagent #financialfreedom #larshedenborg

19 Jun 2023

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Short excerpt from a June 19, 2023 YouTube video that gives practical advice to real estate agents on maximizing income by building systems and outsourcing tasks rather than doing everything personally. The speaker cites James Clear’s line from Atomic Habits about systems, urges agents to declare how much their time is worth, notes that 80% of typical agent activities can be outsourced for $25 or less, and argues doing every task personally will cap production and income.

The real money is not made in doing all the things. A quote from the book Atomic Habits by James Clear you do not rise to the level of your goals. You fall to the level of your systems. So in terms of getting there, how do we go about getting there? If you've checked into any of these trainings you've heard me talk about, you have to know your worth. You have to declare in advance how much your time is worth. If you don't do this exercise, you will forever fall into the trap of doing the thing, whatever the thing is. 80% of the things you can in my market I can spend $25 or less to not do 80% of the activities a traditional real estate agent does. And I declared in advance that I wanted to make a lot of money in real estate, but I didn't want to work a lot of hours. You'll be capped in your production and your take home income if you do all of the activities yourself.