Recap of my first year wholesaling

Recap of my first year wholesaling

Real Estate Agent · Atlanta, GA · Member since 2022 · 352 posts · 219 votes

CELEBRATING MY FIRST YEAR WITH NETWORTH!

A little bit about my first year:
I celebrated my first year in real estate with NetWorth on August 22! This first year has taught me so much. Getting into real estate I knew the statistics, almost every agent fails their first year and I was determined that was not going to be me. I started working my a** off and sold my first property in a month and a half. Two weeks after I got into a terrible car accident. I had to take time off work to give my body time to heal and find another vehicle. Finally, after what felt like forever I was back in the office (on crutches) trying to get back on schedule. For the remainder of the year, I was playing catch-up on the time I missed while being out. January hit and I sold my second property. February I sold my third. In March I sold two properties back to back. I was on top of the world, my hard work was finally paying off! Then title issues started to rise and then a squatter moved into one of the properties four days before close. Needless to say neither of these deals closed. I was absolutely devastated. Wondering what I could have done to prevent these issues. Questioning myself if this was actually the field I was meant to be in. April came around and I sold another property, which helped me get back up on my feet again however, I was still lost. I would come into the office so unmotivated worried that I would never be successful. I spent alot of time in my head which started to negatively influence my business. In June I went on a 16 day trip to Europe with my family and it was all the medicine I needed.

When I came back I promised myself I was going to stay consistent. I was going to stay motivated. I was going to be successful. Since coming back I have been producing the most meetings in the office. Working to get another property sold and I have been close. Its just a matter of time.

Moral of this story is to let everyone know REAL ESTATE IS HARD. There will be times you will be challenged more than you ever have. You will be stressed out 25/8 and it is not easy at all. But it will always be worth it. I am looking forward to year two and seeing what will come!


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Alpharetta, GA · Member since 2011 · 23 posts · 8 votes
3y

Love your story, Katlynn. Keep up your good work!!

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  • Member since 2022 · 15 posts · 5 votes
    3y

    It sounds like you have had to overcome a lot! Keep up the good work and the deals will continue to come your way! Would love to stay connected if you have any questions or need help down the road!

  • Real Estate Agent · Atlanta, GA · Member since 2022 · 352 posts · 219 votes
    3y
    Quote from @Account Closed:

    It sounds like you have had to overcome a lot! Keep up the good work and the deals will continue to come your way! Would love to stay connected if you have any questions or need help down the road!


     Thank you so much Jacob and hahaha absolutely. Would love to connect!

  • Alpharetta, GA · Member since 2011 · 23 posts · 8 votes
    3y

    Love your story, Katlynn. Keep up your good work!!

  • Real Estate Agent · Atlanta, GA · Member since 2022 · 352 posts · 219 votes
    3y
    Quote from @Jenny Scott:

    Love your story, Katlynn. Keep up your good work!!


     Thank you so much Jenny! 

  • Member since 2018 · 23 posts · 9 votes
    2y
    Quote from @Katlynn Teague:

    CELEBRATING MY FIRST YEAR WITH NETWORTH!

    A little bit about my first year:
    I celebrated my first year in real estate with NetWorth on August 22! This first year has taught me so much. Getting into real estate I knew the statistics, almost every agent fails their first year and I was determined that was not going to be me. I started working my a** off and sold my first property in a month and a half. Two weeks after I got into a terrible car accident. I had to take time off work to give my body time to heal and find another vehicle. Finally, after what felt like forever I was back in the office (on crutches) trying to get back on schedule. For the remainder of the year, I was playing catch-up on the time I missed while being out. January hit and I sold my second property. February I sold my third. In March I sold two properties back to back. I was on top of the world, my hard work was finally paying off! Then title issues started to rise and then a squatter moved into one of the properties four days before close. Needless to say neither of these deals closed. I was absolutely devastated. Wondering what I could have done to prevent these issues. Questioning myself if this was actually the field I was meant to be in. April came around and I sold another property, which helped me get back up on my feet again however, I was still lost. I would come into the office so unmotivated worried that I would never be successful. I spent alot of time in my head which started to negatively influence my business. In June I went on a 16 day trip to Europe with my family and it was all the medicine I needed.

    When I came back I promised myself I was going to stay consistent. I was going to stay motivated. I was going to be successful. Since coming back I have been producing the most meetings in the office. Working to get another property sold and I have been close. Its just a matter of time.

    Moral of this story is to let everyone know REAL ESTATE IS HARD. There will be times you will be challenged more than you ever have. You will be stressed out 25/8 and it is not easy at all. But it will always be worth it. I am looking forward to year two and seeing what will come!



    Thanks for sharing!
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    2y
    Quote from @Katlynn Teague:

    CELEBRATING MY FIRST YEAR WITH NETWORTH!

    A little bit about my first year:
    I celebrated my first year in real estate with NetWorth on August 22! This first year has taught me so much. Getting into real estate I knew the statistics, almost every agent fails their first year and I was determined that was not going to be me. I started working my a** off and sold my first property in a month and a half. Two weeks after I got into a terrible car accident. I had to take time off work to give my body time to heal and find another vehicle. Finally, after what felt like forever I was back in the office (on crutches) trying to get back on schedule. For the remainder of the year, I was playing catch-up on the time I missed while being out. January hit and I sold my second property. February I sold my third. In March I sold two properties back to back. I was on top of the world, my hard work was finally paying off! Then title issues started to rise and then a squatter moved into one of the properties four days before close. Needless to say neither of these deals closed. I was absolutely devastated. Wondering what I could have done to prevent these issues. Questioning myself if this was actually the field I was meant to be in. April came around and I sold another property, which helped me get back up on my feet again however, I was still lost. I would come into the office so unmotivated worried that I would never be successful. I spent alot of time in my head which started to negatively influence my business. In June I went on a 16 day trip to Europe with my family and it was all the medicine I needed.

    When I came back I promised myself I was going to stay consistent. I was going to stay motivated. I was going to be successful. Since coming back I have been producing the most meetings in the office. Working to get another property sold and I have been close. Its just a matter of time.

    Moral of this story is to let everyone know REAL ESTATE IS HARD. There will be times you will be challenged more than you ever have. You will be stressed out 25/8 and it is not easy at all. But it will always be worth it. I am looking forward to year two and seeing what will come!


    Sorry to hear about your car accident, that obviously temporarily derailed the progress and success you were having.  Quite possibly the mental fatigue you later experienced resulting in self doubt and lack of motivation was at least partially caused by the accident.  Something like that can affect you for some time.

    Purely commissioned sales jobs require a mindset similar to what’s needed to be able to sustain a startup business.  It’s too easy to get discouraged when leads dry up, sales you thought would close bust out, the buyer you thought was solid turns out to be a flake, etc.  Here’s where you ultimately want to be; so busy successfully putting together deals that you need to pick and choose which of the many requests you will work on and which of the many people wanting your services you will work with.

    Much, much harder for a residential agent/broker to get there than for a commercial agent/broker; but a commercial real estate broker needs much more knowledge, experience and ability than a residential broker. 

    Good luck , hopefully you’ve made a full recovery
    Private Mortgage Financing Partners, LLC
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