Is it still cool to say “stressed out” or is the author of this point dating herself by using that term? Nevertheless, nobody can deny that selling real estate can be pretty darn stressful—especially during a pandemic or during turbulent real estate markets.
Here are the top three reasons that real estate agents get stressed out, and, by the way, how much do you see yourself in this list?
Long Work Hours
When the real estate market gets moving, this usually means that you are logging more hours than usual. If your schedule is jam-packed with research, showings, and paperwork, you may be sacrificing personal time in order to complete all of your work.
Stress Over Sales
Or lack thereof. Not making the level of home sales needed to maintain your lifestyle causes a tremendous amount of stress. Even though the market was up in 2020, people still lost their jobs at a higher rate than usual. Those who were still working may have had their pay rate cut. As a result, your commissions might not be as high as previous levels, causing you to stress about your finances.
Lack of Work/Life Balance
Real estate agents risk feeling the heat when their work/life balance is more skewed toward work. Taking time for yourself is necessary to reset you mentally and keep you from becoming exhausted. COVID-19 has made it hard for some people to decompress. But the downtime can help you maintain your enthusiasm for the job.
What happens when you are too stressed?
As a real estate agent, when you’re stressed or possibly approaching burnout, you may start missing appointments, double booking, or worse, missing crucial deadlines—all things that can undermine your reputation and lose you sales. Getting your first commission is exciting. Following your first taste of success, it can be tempting to throw yourself head first into work. Particularly, if you are a high-achieving and driven person you might log long hours, working well over 40 hours per week. But, it is imperative that you keep control of your time.
Other parts of your job might serve as added stressors too.
You might be the type who puts pressure on yourself to make sure that every staging is “perfect.” You could be pressuring yourself to achieve commission levels that are not attainable without excess work. Or, you might be feeling a competition with other real estate professionals in the community and giving every ounce of yourself to the job in order to be more successful.
Whatever the origin of the pressure, being under too much of it affects all parts of your life, before it eventually leads to burnout.
We at Short Sale Expeditor® do not have a magic pill, but we can help you if you are feeling stressed by real estate. Our short sale processing team can handle any short sales that come your way—thus freeing you up to do what you do best—list and sell. And, our partner company,
Transaction 911, can handle transaction coordinating and compliance for any real estate transactions within the state of California.
If you or any agent you know, if feeling the heat, please feel free to
contact our team. We will be glad to help!