Posts Tagged ‘real estate broker’

The Power of Being Self-aware

self-awarePhoto from http://www.moregci.com

Do you know yourself?

Self-awareness is a powerful thing. We are complex beings and despite the amount of time I have spent being me, I still discover new things about myself each day. Self-awareness does not come in an instant. You will need to spend time analyzing your actions and studying yourself.

Here’s a simple exercise to check if you are self-aware. Ask yourself these questions:

What is my personality type?
Am I an introvert or an extrovert?
What are my strengths?
What are my weaknesses?
What motivates me?
What excites me?

Now you may think, why do I need to study myself?

To excel in life, you need to know who you really are.

Once you know yourself, you’ll know how to motivate and empower yourself to do the things you should do. You’ll know what your strengths and weaknesses are. You’ll be able to identify the personality types you can work best with.

A simple way you can apply self-awareness in your life is in choosing your career. For instance, I’m an extrovert. I love meeting people and learning from them. My weaknesses are, I’m not very detail-oriented as I’m a big picture kind of person. I don’t like math. I tend to take a while when it comes to solving stuff. My strengths are public speaking, networking with people and I also enjoy anything that involves music and art. I don’t like routine. I enjoy doing something different everyday and learning new things.

I’m a nurse by profession and when I graduated college, I tried working as a nurse for a year. A nurse requires attention to detail because you can’t afford make a mistake. You’re dealing with peoples lives so it’s important that you check and recheck everything. I remember that before every shift I would pray that I wouldn’t make a mistake and everything would just go smoothly. Suffice to say, just a few months into working as a nurse, I had confirmed that it wasn’t the career for me. It required a lot of attention to detail, which is not my strength. And the work was routinary, which did not suit my personality type.

Now, I’m working full time as a real estate broker here in Cagayan de Oro City. The job requires that I meet and speak to a lot of people everyday. I don’t have to go to our office unless we have a board meeting. Everyday is different and I get to work on my own time. Since being a real estate broker involves meeting quotas, I need to think of creative ways to share our available listings to our clients. Being a real estate broker is the perfect fit to my personality type and strengths. Because this career fits me so well, I get to enjoy my job while making money.

Life is too short to be stuck in a job you hate or are not good at. When you choose a career that does not fit you, you’ll have to work twice as hard just to survive. But when your job is inclined to your strengths, then that, combined with a lot of hard work will allow you to soar to great heights. Think of the most successful people you know. Chances are, the career they have chosen is inclined to their natural strengths and personality type.

Self-awareness is a powerful thing. When you are self-aware, you open so many doors. You’ll know the opportunities to say yes to, and which ones to say no to.

So now let me ask you, do you know yourself?

If yes, good for you. You can now start applying what you know about you in your life so you can be on your way to becoming a success.

If no, perhaps it’s time to get to know you. Take a this Myers Briggs Personality Test. This can help you start to know yourself.

Go live a Truly Wealthy life!

-Alex

10 Things I Love About being a Real Estate Broker

real estate agent handing over keys to home

Photo from familymagazine.co

  1. Time freedom. No time ins or outs. I can work when I want, where I want. I get to schedule my work around my play instead of the other way around.
  2. Unlimited income potential. I get to earn whatever I want – sky is the limit! Provided that I work at it, of course.
  3. Not having to file vacation leaves whenever I want to go on vacation.
  4. Being on the go everyday. I’m just not an office person. I’d get bored in 5 minutes. I like being constantly mobile, running from one location to another.
  5. Everyday is different. No day is the same for me. I can be meeting 4 clients today and tomorrow I’d be chilling at a coffee shop or mentoring one of our affiliates. I’m not one for routines. I like having a difference schedule everyday. It keeps me on my toes and it makes going to work (or play) everyday exciting.
  6. Meeting people. I love meeting a lot of people and building great (and lasting relationships) with my partners (they’re the best!), affiliates (they’re awesome) and clients (best clients ever!). I’m just so lucky to have these people in my life.
  7. Being able to help my clients buy or sell property. It’s one of the most rewarding experiences – next to discipleship. I always get a kick seeing my clients buy their dream home or sell a property and get to use that money to reach other goals.
  8. Mentoring our affiliate brokers and salespersons and helping them succeed in every area of life. It’s a great privilege to be able to influence other people like that. I consider Truly Wealthy Realty to be more than just a company. We are a family.
  9. Attending events – all kinds of events. Developers and banks have loads of those.
  10. Having the opportunity to share the gospel to a lot of people.

How to Deal with Difficult People

difficultpeoplePhoto from http://www.chopra.com

In my job as a real estate broker I get to deal with different types of people everyday. Most of my clients are a pleasure to deal with. Some, however, are a bit difficult.

I remember a few years ago when I was working on this deal in Xavier Estates. My client wanted to purchase this 5-bedroom luxury house overlooking Cagayan de Oro. It had a huge lawn with a swimming pool. It was one of my favorite listings and ever since we got that listing, I’ve praying that I would be the one to sell it. Now my client was a 24-year-old businesswoman named Maria (not her real name) who was a bit on the tough side. She would shout at people (yes, even at me) and was generally difficult to deal with. At first, I felt a bit resentful towards her. I was raised in an environment where shouting was not a normal part of our routine.

Then one day, as we were waiting at for some documents, Maria told me her story. When she was eight years old, their village Healer told her parents that she was bad luck and that they had to give her up or else the entire family would suffer. So her parents took her to her grandparents house and left her there. Since her grandparents were already old and had little money, she had to work to take care of them and herself. She started to grow vegetables in their backyard and sell them at the night market. In the mornings she went to school. On weekends she would man their small sari-sari store. Sometimes Maria’s male cousins would storm inside her store and take away all her earnings for the day. Since they were bigger and stronger than her, she couldn’t fight back. So instead, to protect her earnings, she put her money in tin cans and buried it in her backyard. All throughout grade school and high school, Maria worked hard to fend for herself and her grandparents while at the same time, using her wits to outsmart her cousins who would drop by from time to time to bully her.

Maria’s first house

When Maria reached 13 years old, she happened to pass by one house for sale in Carmen which she liked very much. She liked the quiet environment and peaceful neighborhood. The house was being sold for 3.5 million. Maria thought for a moment. Where would she get that kind of money? After a few minutes, she went home and started digging. She dug up every single tin can she had buried over they years and started counting the money she had accumulated. The total amount was 3.5 million. And that was how Maria bought her first house.

Nothing beats hard work

Over the years, Maria engaged in a variety of businesses until she found one where she really hit the big bucks – the textile industry. She started buying RTW’s from a factory in Korea and selling it wholesale to boutiques and malls in different cities. She had clients from Pagadian, Ozamis, Dipolog, Cagayan de Oro, Butuan and Davao. Her business was so successful her clients actually had to get in line to purchase her products. The factory didn’t have any other buyers as it sold everything it made to her. Despite not being able to go to college, Maria’s dedication to her business and willingness to work hard enabled her to succeed where so many had failed.

Put yourself in the other persons shoes

Maria’s story not only inspired me to continue reaching for my dreams, it allowed me to understand her better. It was only when I put myself in her shoes that I was able to see where she was coming from. At a young age, she was rejected by her family. Over the years, many people tried to trick her and take advantage of her. It’s no wonder why she would so easily get defensive and angry and suspect that people were trying to deceive her. We are shaped by our environment and experiences. I could see that although Maria was, by worldly standards, successful she was still struggling with trust issues because of what she went through as a kid. And so, instead of feeling resentful I started to feel compassion towards her.

Colossians 3:12

Therefore, as God’s chosen people, holy and dearly loved, clothe yourselves with compassion, kindness, humility, gentleness and patience.

Are you dealing with a difficult person in your life now?

When dealing with difficult people, instead of reacting, try to understand where that person is coming from. Try to put yourself in the other person’s shoes. My experience taught me that people are the way they are for a reason. Perhaps that person who’s mistreating may just be having a bad day. Or maybe he’s going through a huge family problem. Or maybe he’s up to his ears in debt.

Any fool can criticize, condemn, and complain but it takes character and self control to be understanding and forgiving.
Dale Carnegie

 

Because I made the effort to understand Maria, we were able to keep our relationship. I was able to help her buy the house she wanted and now she’s living in her dream house. A beautiful 2-storey, ridge-view mansion in Xavier Estates that overlooks the city. The little girl who was supposedly “bad luck” became the good luck charm of her family. Last time I saw Maria, she was with her family. She had forgiven her parents and is now building a relationship with them again. 

beautiful-house-1Photo from wlpapers.com (not the actual photo of her house but it looks similar to this)

Never burn bridges 

I believe in never burning bridges with people. You never know when you might run into them again. The world is becoming smaller everyday. If you have a person in your life now that’s difficult to deal with, try to understand that person. Decide to love them.

John 15:12

This is my commandment, that you love one another as I have loved you.

Go live a Truly Wealthy life

-Alex

Where Does Your Money Go?

money jars

Photo from athoughtfulplaceblog.com

In this day and age of consumerism, money can so easily slip through our fingers like water. And if we are not careful, our hard-earned money can disappear in what seems like an instant. Commercials, magazine ads, the internet, billboards…they all tempt us with the promise of instant gratification.

Buy this, and you will be happy. Buy this and you’ll become more beautiful, or smarter or healthier. It’s only too easy to slip into the habit of spending all our money and then some. This is why, I’ve decided to be intentional in the way I manage my finances.

Most people use this formula in spending their money:

Income – Expenses = Savings 

Then I came upon this formula while reading the book Think Rich Yuppies by one of my good friends (who happens to be an amazing author and speaker), Sha Nacino.

This is her formula:

Income – Savings = Expenses

If you spend first and save what’s left, there won’t be much left to save. So instead, save first. And then spend what’s left. This is called paying yourself first. To some, this maybe a new idea. How can one “pay” himself? The answer is, through saving.

Investing starts with saving.

You can’t invest if you don’t have any money saved up.

Think about it. When you receive your salary, you pay Rustans (when you go grocery shopping), you pay Globe, Jollibee, the tuition, electricity bills….the list is endless. But what about you? The one who earned this money? Don’t you deserve to be paid for your efforts as well?

Saving money is hard mainly because we feel like we never have enough to begin with. But it’s something we all need to do. My mom instilled in me the discipline of saving in grade school. Whenever I received my allowance for the week, I would immediately set aside a portion of it to be deposited in my bank account (yes, I had my own bank account in grade school).

Today, as a real estate broker (of Truly Wealthy Realty), I receive income in bulk. So I have to really discipline myself not to splurge and spend everything at once (no matter how tempting it may be). As I don’t have a regular salary, I need to find ways to make my money last.

Here is what I do with my money:

  • 10% tithe
  • 10% tax
  • 20% stock market
  • 20% forced savings (when this accumulates, I then invest the money elsewhere)
  • 10% education fund
  • 5% giving account (gifts, treats for my family)

I basically live on 25% of my income. Now if you are not accustomed to saving, you can start on saving 10% of your income every month. Then you can increase it to 20% later on. According to studies, to achieve financial freedom, you need to invest AT LEAST 20% of your income. That’s the minimum. So that when you are 60 years old and can no longer work for a living, you won’t have to rely on other people (like your kids or relatives) to support you in your old age. If you save 20% of your income and invest it in the stock market, bonds, mutual funds or other investment vehicles, you will have 10 million by age 60. You will have money to buy gifts for your grand children, medicine for yourself, maybe go on a cruise once a year… Now this is the life! But you can only have this life if you discipline yourself to start saving NOW.

Most of the yuppies I know look at me like I’m crazy when I say “I’m saving and investing for my retirement.” They go, “You are too young to even think about retiring!”

But the best time to invest for your retirement is NOW. Not in some far off future, not tomorrow, but today. Time can pass by swiftly. It’s better to prepare as early as possible so we can have the future that we want. Let’s practice delayed gratification. Let’s start paying ourselves first.

What about you?

Are you investing for your future now? There is no time like the present to start doing so.

Go live a Truly Wealthy life!

-Alex