Running property business is supposed to be full of determination. If you do it half-heartedly, the chance for failure is higher. Thus, there are due diligence you should accomplish periodically. Those are needed to be completed daily, weekly, monthly, and annually. It sounds complicated and exhausting. Well, achieving success in property business is not so simple. Work hard and work smart is a must if you want to step ahead of your competitors. When running a business, there are types of deal you need to tend to. Those are the ones you are currently working in, the ones that you already scheduled with. You also need to always be prepared with the projects coming in.
Weekly tasks you should accomplish
Once you are able to set and adjust to the working flow, it will fall into place. It will be a systemic flow that you will no longer fuss around with. Here are weekly tasks you need to accomplish to build your business:
– Networking is not a once-in a life time thing to do. It is continuous tasks you should fulfill anytime you have a chance. However, you can make it as weekly task to make it easier and so you won’t forget it. In real estate business, you are not supposed to easily feel secure with the networks you have so far. There is always possibility of losing potential deals. Thus, you will need solid and growing network to keep your business running. Building your network once in a week is better that paying for leads.
– It is highly recommended to list tasks you are sure you can accomplish by the end of the week. You can list the tasks on Sunday night. Make sure to mark the list on top priority. It is also recommended to write specific time of when you can accomplish them. This will help you to work more efficiently. There are many things you can write on the list as weekly accomplishment such as attending meeting to build your network, following up your potential buyers, organizing your finance, and many more.
– Real estate investing is a dynamic business. There will be something new every once in a while. Changes are something you need to get used to when it comes to running real estate business. Thus, it is highly recommended to learn something new and schedule it on your weekly task. You can read property magazines or websites. Or, you can also meet your real estate agent to find out any information related to the local market.
– Aside from doing business-related task, it is also recommended to do something for yourself. Remember that working your body for 24 hours is not healthy and will only slow down your ability to build your business. Thus, you can schedule a little time for getaway every weekend such as doing your hobby, eating out at your favorite restaurant, etc. Thus, you won’t feel suffocated with your works. You will be able to stay focus on tasks you should accomplish for the next days.