Realtors often find themselves in holding patterns: for instance, I am waiting for the buyer of 969 Verdugo Circle to obtain loan approval so we can move towards closing, waiting for the seller of 1707 Monterey in South Pasadena to move, waiting on 2539 Janet Lee in La Crescenta to be painted, cleaned and prepped for sale, waiting for the tenant to move from 1006 W. Palm in Burbank.
What do we do during Realtor Downtime? Each Realtor is different; some may take a day or afternoon off. When I have Realtor downtime, I typically add a different city to my weekly caravan schedule. Because I have an upcoming listing in Burbank, I have been spending my Thursdays looking at new Burbank listings. As a volunteer for the Pasadena Ronald McDonald House, Downtime is when my staff and I solicit silent auction donations for our annual Gala.
There is always something to do in the office. For instance, my assistant and I have reviewed the systems we have in place. We have obtained price quote comparisons from three different printers. We need property brochures, postcards, etc., to be printed. Our Team started a real estate newsletter, both email and print. So while this Realtor waits – she works. I prefer to keep busy during my real estate downtime by looking at new listings, developing and improving systems, or updating marketing. We have three new listings coming on the market in the next few weeks. Thus, now is the optimum time to ensure we are caught up.