Several new investors have inquired to me about characteristics that may assist them with their real estate investing. I believe some of the key principles in real estate investing would include, but not be limited to, the following items:
- "Treat people better that you want to be treated".
This is so critical because as I get a little older I see that customer service in some retail stores are slipping a little. As stores try to save money, the customer service is declining. I remember years ago when you shopped at a store like Sears, Roebuck and Company or Macy's, how each department had customer service agents available to answer any of your questions. Thus, always remember when dealing with people, try to always treat people better than you want to be treated. This may brighten someone else's day which has a ripple effect on countless others.
- "Actions speak louder than words"
The quote "actions speak louder than words" is so true to life and real estate investing. I read this quote today and it really made me think a little deeper today. As we start our real estate investing this is one quote that we can take to heart for several areas.
- "Develope a good reputation and do what you say your going to do"
Once we determine that we are "Real Estate Investors", we have to act and believe we are real estate investors. How do we conduct our business with others? A key point to remember is to always do what you say your going to do and develope a good reputation as a real estate investor. This will go along way with dealing with people if they know you are honest, ethical and you do what you say your going to do. If possible always try to exceed a person's expectations.
This can be as simple as always being on time when scheduling appointments. It is very important to respect other's time because so often in life people are always pressed for time especially in this ever changing technology age we currently live in today.
Some of these keys or principles can help you a great deal with real estate investing and in life. They do not cost anything to acquire but can be priceless for your growth as an investor and a business person. Good luck with real estate investing! You can do it! Believe and Achieve! - Joe
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Joe Jurek CPA