Featured Guest Post: How to Set Realistic Yet Ambitious Career Goals in Real Estate

Published on RealEstateAdvice.net, September 13, 2024

By: Jessilyn Persson, Ryan Chaw, Yancy Forsythe, Robert Washington,  and other industry leaders

Setting ambitious yet realistic goals is key to long-term success in real estate. In a recent guest post on RealEstateAdvice.net, industry experts, including Jessilyn Persson, shared their insights on how to strike the perfect balance between big dreams and practical, achievable steps.

Whether you’re just starting out or looking to scale your real estate career, these strategies will help you create a clear, actionable plan for growth.

4 Key Strategies for Setting Career Goals:

  1. Break Big Goals into Manageable Steps
    Ryan Chaw, founder and real estate investor, explains how breaking down a large goal into smaller, more manageable steps helped him achieve early financial independence and retire from his previous career as a pharmacist. Ryan’s advice: Set a big, ambitious goal, then create smaller, actionable goals that will help you get there.

  2. Benchmark Against Industry Averages
    Yancy Forsythe, owner of Missouri Valley Homes, shares how benchmarking against industry averages allows you to set realistic yet challenging goals. By measuring progress against market data, like reducing the home sale cycle, you can identify areas of improvement and push your business to grow.

  3. Break Down Sales Goals by Time Frames
    Robert Washington, founder and broker at Savvy Buyers Realty, emphasizes the importance of breaking goals into timeframes—annual, quarterly, and even monthly goals. This ensures that you stay focused, adaptable, and on track, especially when navigating the natural ebbs and flows of the real estate market.

  4. Reverse-Engineer from a Clear Vision
    Jessilyn Persson, co-founder of Discover Life by Design, explains her approach of starting with a clear long-term vision and reverse-engineering it into smaller, actionable steps. Jessilyn uses the example of acquiring rental properties over a 10-year period, breaking it down into yearly goals and immediate actions, such as research, financial planning, and property acquisition.

Why This Matters to You:

The advice shared in this post is designed to help real estate professionals at any stage of their career. Whether you want to grow your investment portfolio, hit your sales targets, or streamline your business operations, these strategies will help you set the right goals—and achieve them.

We invite you to read the full post on RealEstateAdvice.net and learn more about how to set strategic goals that drive real estate success.