Six Myth-understandings Holding You Back
Gary Keller, co-founder of Keller Williams Realty International, heads the seventh-largest real estate company in the country. In his recently-released book, The Millionaire Real Estate Agent, Keller details six fallacies that may keep real estate agents from achieving success. These “myth-understandings” could apply to other professions as well:
Myth: I can’t do it.
Truth: Until you try, you can’t possibly know what you can or can’t do.
Myth: It can’t be done in my market.
Truth: Yes it can, but you may need a new approach.
Myth: It would take too much time and effort. I would lose my freedom.
Truth: Time and effort are not the deciding factors in success.
Myth: It’s too risky. I’d lose money.
Truth: Risk is in direct proportion to how well you hold your incremental costs accountable to producing incremental results.
Myth: My clients will only work with me. Only I can deliver quality service.
Truth: You clients aren’t loyal to you. They are loyal to the standards you represent.
Myth: Having a goal and not fully realizing it is a negative thing.
Truth: Having a goal and not trying to achieve it is a negative thing.
A Nation On the Move
According to Mayflower Transit, one of the nation’s largest transportation service companies, more than half of the Americans who move each year do so between May and Labor Day. So, in honor of the migratory season, here are some interesting facts about moving presented by Mayflower:
America has the highest mobility of any country.
One-sixth of all Americans, an estimated 43 million people, change their principal residence each year.
The average American moves 12 times in a lifetime.
People who move long distances are five times more likely to do so for work-related reasons than those who move short distances.
Moving declines with age: 35 percent of people in their 20s move in a given year, while only 5 percent of those 65 and older do.
Of all household-goods interstate moves, 44 percent are personal moves, 44 percent are corporate relocations and 12 percent are military or government relocations.
Moving is the third most stressful event in life, following death and divorce.
Insurance Scams Cost Nevadans Millions
In the past three years, Nevada businesses have lost over $10 million to phony insurance scams, according to the Nevada Division of Insurance. As the cost of insurance rises, unauthorized companies are taking advantage of Nevada consumers – particularly owners of small to medium-sized businesses – by selling fraudulent insurance policies advertised by phone, fax or the Internet. Officials warn that consumers purchasing policies from companies not licensed to operate in Nevada are very likely to find they have no coverage when a claim occurs. The Nevada Division of Insurance suggests consumers always check to make sure the company is licensed in Nevada, verify the members of the company’s provider list and ask medical providers if they have had experience with the insurance company. Coverage that boasts low rates and minimal or no underwriting should be a “red flag” to have the company investigated thoroughly. Consumers with questions about insurance companies may call Nevada Insurance Alert at 888-467-4195 or log on to nvinsurancealert.com.
Need A Stock Tip? Ask a Fourth Grader
Over 1,000 Nevada student teams were given a hypothetical $100,000 to invest in the stock market for a 10-week period this spring, to see who could make the most profit. And the winners were…a team of fourth grade students at Lummis Elementary School in Las Vegas, who increased their investment to $150,370. The 2003 Nevada Stock Market Simulation game usually involves students in grades 5 through 12, but the four-boy team in teacher Sherry Vincent’s gifted and talented program were allowed to participate, and ended up beating the other 1,386 teams. In more than 15 years of competition, this was the first time a team from an elementary school captured the statewide honor. The boys chose three pharmaceutical stocks: Noven Pharmaceuticals, Arthrocare Corp. and Gilead Sciences, which each increased between 35 percent and 88 percent from Feb. 10 to April 25. No word yet on whether the young stock wizards are available for consultation.