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Failure in real estate and tips to succeed from Nick Fong

In this latest instructional video from Nick Fong for real estate agents, get some great advice from the number-one broker in all of Mexico.  He’s the broker and founder of Ronival Real Estate, and he truly enjoys revealing how to succeed in real estate.  You’ll greatly benefit from his advice.

In this first video, learn how to deal with multiple offers at the same time.  Then, uncover even more real estate wisdom from Nick Fong himself.  Therefore, continue reading to learn even more and to equip your self for success as a real estate agent.

Describing failure in real estate

After all of the success that Nick Fong has had in real estate, he says that he can link it always to a series of failures that he’s learned from.  When you pay attention and account for your mistakes, it’s failures that lead to success.  In other words, don’t be discouraged by failure, even if you fail often.  Fail fast and move on, learning from that failure.

Once you realize that failure as a function of success, deal with it in a positive way.  Look at failure as an opportunity to try something better.  It doesn’t have to be what causes you to fail and quit.  Now, check out this three-step course of action to turn your failures into successes:

1. Failure acknowledgement

Your failure must be acknowledged early-on.  If your actions fail, stop what you’re doing right away.  Don’t waste any more of your time on it.

2. Failure evaluation

Learn how to evaluate your failure.  Research the failure in order to root-cause the problem.  Be sure to ask what was missing.  Quickly learn what you did wrong.  And then, be honest with yourself – you need to learn from your failure in order to grow.

3. Course correction

Evolve your plan of action.  Lay out a different course based on your new understanding.

Whether to sell your property unfurnished vs. furnished

Nine times out of ten, the buyer’s emotion makes all the difference in whether a buyer will purchase your home.  If your furniture is new and contemporary, they will likely love it after they feel pleased from their first impression.  But if the house or condo is empty and clean, their imagination will carry them away blissfully, providing the same result – a purchase.

If your furniture is old and decrepit, just donate it or sell it outright.  After it’s gone, just sell your home unfurnished.  That will provide a blank canvas for your homebuyer to decorate and furnish exactly how they want.

The first impression will be poor if you try to sell your home with old and outdated furniture – there will be no inspiration.  It’s very important to inspire those who view your property, as a seller.  That means, optimize their experience with new and attractive furniture.  Or, provide a clean blank canvas for them to build on when they first see your property.

Staging your home is critical for making a sale

As you probably know, first impressions really do matter.  As such, ensure that your home will stand out the instant buyers take a look. To begin, there are some upgrades that can be done in a weekend.  And, those will cost more in sweat equity than actual dollars, making the worth-while.

When you set the “stage” for that first impression, you’re performing what is called “Home Staging.”  Therefore, staging your home is about transforming the possibilities to broaden the scope of potential buyers and get you top value for your home.

Suggestions for staging your home properly: Rent a pressure washer to remove dirt and grime from your siding, roof, fascia and gutters. Paint the front door and/or shutters a bright color, but make sure it coordinates well with the rest of the home’s colors. Replace old house numbers, lighting, the mailbox and welcome mat.

Finally, clean up the edging around flowerbeds and lay down fresh mulch. Fill in empty beds with small shrubs, seasonal flowers and greenery. Even if it’s the dead of winter, get a pair of urns or large planters and fill them with small evergreen shrubs and cold-hardy annuals. If you have window boxes, fill them with fresh greenery too. If your porch or stoop has room for furniture, add a couple of chairs to expand your outdoor living space.

Baja California Sur real estate

Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.

Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!

If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions You can also schedule a time to show you around this breathtaking location.

Ronival on YouTube

See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:

Thank you for reading Failure in real estate and tips to succeed from Nick Fong. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.

See more posts from Ronival Real Estate and Property Management

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