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Posted over 12 years ago

Why Is The Chase Never Worth The Prize???

I had to make a very hard decision today. At first, I felt maybe it was just an emotional response so I gave it some time and thought about why I felt that way, was it worth it to me to have these emotions etc..

I came to the conclusion that I was right in thinking my thoughts. Josh will probably not like the results of my conclusion but in all reality, my decision makes sense and it wasn't like it was ever really really beneficial to him, this site and its current & active members. 

The decision I made today was regarding my efforts in helping Josh gain members here on BiggerPockets. I'm always referring people when I speak with them to come to BiggerPockets. I'm always linking a great post on my Facebook wall, tweeting the post. You name it, I do it. 

I don't do this with any expectation. I do it because I know what a great place this is and what great benefits it has for its active members. I know I'm not the only one who has made a decent coin doing deals, networking etc.. here on Biggerpockets. So why not share that with others so they can realize the benefits as well?

A few short stories to help you understand my decesion reasoning. 

As some of you know, I recently became licensed after years of scorning those who considered it. I have my reasons and I won't go into them here. Just know that when the time comes, I will own a very active and successful brokerage that doesn't subscribe to the same 'ol endless chase. 

I chose a great brokerage. I have no regrets on where I chose to hang my license. I like the brokers sense of being the best in town and where they want the brokerage to go in years to come. 

I've several times made mention that my brokers and my brokers recruiter hook up with Josh about getting some of the agents active on the site. It literally would help them and all of us. So many people with so much great experience to share, it seems logical that we all connect and learn from eachother. Josh and I even agreed that we would put on a class for the agents together so that they would learn the benefits, how to navigate, participate and more importantly, how to get the most out of this amazing site. 

So far, nothing has happened. Maybe in time though, we'll see. After this post, I might even be fired so who really knows what the future will hold :)

Next, lets move onto my current team leader. His name is Larry. Super super super nice guy and very knowledgeable! It takes a lot for me to like someone, especially a Realtor(some old habits die hard I guess). Larry is the type of guy I would personally use or recommend to my family if they were looking to buy a home, that's how much I think of this guy. 

I've spoken to several of the active buyers here on BP. Some old relationships and some new. Since I have no ambition on being a buyers agent, I promised Larry that I would help him help my fellow investors as buyers. Since I have an understanding of what they want, what they're talking about and their strategis. It would have worked great, Larry would have gotten a handful of active buyers to keep commission flowing. 

Josh and I've talked about trying to get through to some of these really really good agents that deserve a shot at working with and for us investors. We don't know how to convince them that all they need is a few active buyers and they don't have to spend 23 1/2 hours a day 'Prospecting'. Unfortunately, Larry, even after making a great introductory post, I don't think has been back since. He spends his time working his butt and watching webinars on how to generate more leads... 

It simply boggles my mind is all I'm saying...

Now, Larry is planning on leaving the brokerage to go to another one. I approve his choice of brokerage because the brokerage he's going to is really great as well but he'll soon learn, the grass isn't always greener on the other side..... 

Can you imagine if he spent a minimal percentage of time just networking here. Offering his help and knowledge as an experienced Realtor, learning from us investors...the list goes on. Now, I can never give him any more buyers leads, my friends & colleagues because I have a sense of loyalty. To my friends, my colleagues and my brokerage(employer). I will never willingly give away business to a competitor. Just won't do it. 

These are just two very very recent situations that continue to happen. I'm constantly plugging BP almost as a dirty vacuum salesman, or at least I feel like that sometimes. 

I realized today that the chase isn't worth it to me. If people don't want to hear my message, fine, I'll let them continue to chase while never realizing the prize. Reasoning is I have the prize already and I'm not sharing anymore. I'm keeping it all to myself and I'll give the same fake interest back when they want to know what I'm doing, have been doing and will continue to do that makes me so successful...

Good luck to those who won't listen I guess...


Comments (5)

  1. Lots of RE people don't really like working with investors and David may be one. Being an investor is a little more cut-throat than simply buying a home, and investors can be tough cookies. Finding a successful property owner that trusts you, as an agent can be great but, the agent needs to realize they need to know their stuff. One investor kept my family alive when I was in the biz during economic dark times.


  2. That's the problem though David. I don't want to continue to the time and effort. It takes away from my productiveness. Its crazy, I hear all the time recently about spending $$$ on ActiveRain, Trulia, Market Leader, this & that. They're literally working their butts off just to make money to spend it on more marketing. Its the never ending cycle lol.. It is what it is though, I'll let them all continue on with their crazy ways while I do mine. We all know the amazing benefits of BP, they'll just simply to figure it out for themselves eventually I guess.


  3. You find this with many people to doing things the old way. Irt takes time for them to realize their is much value in BP. Just keep plugging away and eventually they'll see the value


  4. Great insights Nick! Its been my experience, with knowledgeable, longtime Realtors, is that they become somewhat territorial; in their business and their relationships. I've seen it hundreds of times. But whats exciting about being newly licensed and coming into a brokerage is that you bring a freshness, a newness to the group. We LOVE new agents in our office(you're not really new though...just newly licensed!!) Its a shame they don't see the benefits. But I agree with you...don't chase. There are many others out there who you will mutually benefit from!!


  5. Nick - Welcome to my world . . . I talk to a ton of people about how the site can help them and most don't listen. That's fine by me. I know that those who do - like yourself and tens of thousands of others - all get a ton of value and benefit. I'll never stop promoting it, but certainly understand why you're disenchanted. Maybe you're just preaching to the wrong people. I hope you continue to be an advocate for the site!