The Property Agent Secrets Podcast with Yasser Khan

Episode 11: You Wouldn’t Believe What He Did to This Property Agent…


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[Summary of Audio Transcript]

“I want to quit!”

Bobby quietly confessed to me, so our upline couldn’t hear this shocking revelation.

This was in late 2009 when I was starting to make money as a realtor in PropNex. The whole 100-strong division under my upline’s boss was gathered for dinner at a Boat Quay seafood restaurant to celebrate the success of team members.

It was the day my colleague Bobby quit real estate for good, never to be seen.

I was genuinely puzzled, because he had struggled for only about 2 months and then had gone on to make money in each of the next 9 months.

I admired him because I thought he was way smarter than me. Because he joined months after me but quickly became my senior.

So I turned to him and asked why he wanted to quit so suddenly.

He said he didn’t like our upline. Couldn’t stand her. He was under tremendous pressure to deliver. And was feeling very overwhelmed with all the big expectations of him.

I wasn’t surprised. I knew my upline set tough sales targets for us.

But I still couldn’t understand the exact problem he had with her.

I didn’t realise it at the time, I was simply cobroking my deals with my upline so I was in her ‘good books’. I was getting flooded with more leads than I could handle. So I had no choice but to pass them around. That made me the ‘favourite’ of our division, never mind the fact that I was pulling my hair out of frustration from wasting so many leads.

I grabbed hold of Bobby and said,

“Bro! If you don’t like your boss, that doesn’t mean you quit the entire freaking industry!”

What he confessed next came from his heart and struck me deeply.

He said that there was something wrong with the whole real estate industry:

  • He was never home to his wife and young daughter and that was breaking his beloved married life apart
  • The idea of big commissions was attractive, but not the reality of guaranteed struggle every agent had to face
  • He made money but did not really enjoy working hard for the next closing because it was simply too much hard work for too little rewards
  • He wanted to be his own boss, but in reality, he became a slave to a tough, demanding job because he could get a steady pay for ten times’ lesser stress, worry and anxiety elsewhere
  • He saw agents join and quit real estate like it was nobody’s business. Only the top 1% were truly successful & the vast majority struggled for peanuts
  • Bobby’s observations left a deep impact on me that night. Because what he said had confirmed 100% of my very own suspicions.

    Nobody had quite expressed it like Bobby did.

    He left me golden nuggets of wisdom.

    He effectively described the essence of every realtor’s struggle.
    He broke down Singapore real estate right down to its core.

    Because by then I was tasting success for the first time and had barely overcome a year of struggles, I did not want to go through the same rubbish again.

    So I started gathering whatever good advice I could find. I would go on to apply many of Bobby’s golden nuggets in my own business when I systemised it over the next year.

    And recently, I thought of benefiting others too with something that had benefited me.

    That’s why I wrote a new book dedicated to Bobby. I wish talented agents still stay on in this industry. I hope my book Property Agent Secrets helps agents with overcoming all of the complaints they have. You just have to pay for shipping when it becomes available for pre orders soon. 

    And I'm giving away a free ebook too, revealing the winning Facebook Ads a new realtor used to sell an $8M property in 14 DAYS. Get it NOW!

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    The Property Agent Secrets Podcast with Yasser KhanBy Yasser Khan

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