Conscious Competence: A Path to Success

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Russell Shaw wrote the following and I thought it was poignant enough to include here:

Here are some factual statements:
Most people who enter the real estate business are gone in just a few years.  Most real estate agents, who stay in the business, are not very successful.  To be in the top 2% of all agents in the U.S. would require about 25 sales a year.  Most agents, who are successful, (~25 sales per year) do not really know why they are successful.  They think they know but they are usually wrong.

Only about 25% – 30% of the top 2% of all agents actually know why they are successful and most of those don’t know it very well.  So success can seem mysterious or elusive.  It needn’t be.  If one were to apply the same exactness to the subject of real estate sales that any well-trained engineer would apply to his discipline it wouldn’t seem mysterious at all.

But applying that exactness would mean – really – looking, not listening.  Look at what people do.  Look at how they do it.  Exactly.  Look at what results they get from doing it.  It makes little to no difference what they think is causing their stats to rise.  What is causing their stats to rise?  Anyone who says he (or she) knows why they are successful would be able to teach it – and teach it in such a simple manner that the other person could apply what was being taught and get a similar result.  There would be no special cases, no exceptions.  Not if a scientific approach was being used.  Anyone who knew why they were successful would be able to increase their level of success.  If they could not do that one thing then what they are thinking is the "reason" isn’t the real reason for the success they have had.  That last one is so obvious it is usually missed.  Is there really any "highly successful" person who left real estate sales so they could teach it?  Even one?

There are few subjects on earth (possible exceptions are mathematics, physics, chemistry, etc. – and the other so-called "exact sciences" – that don’t just reek with false data.  The subjects of sales and marketing (those are two different subjects, by the way) have so much asinine, stupid and unworkable gibberish being pawned off as "the way to do things" that it is a minor miracle anyone who actually studies either of those subjects ever succeeds at all.  Just as an example, about 20 years ago it was validated that, in some fields, women who were trained by male sales managers did not do nearly as well as women salespeople who had no sales training of any kind.  Amazing.  The "sales training" had an actual negative value.  This is just one example.  So the thing to do is: LOOK, DON’T LISTEN.  I don’t care what someone says they are doing to bring about sales results (and highly successful real estate salespeople will sometimes actually invent things to tell others because it "sounds better" than what they are actually doing).

There was a scale developed many years ago (originator is uncertain) that has been altered (for the worse, in my opinion) from what I learned in 1971.

From the bottom up, the original scale went:

  • Unconsciously incompetent.  Doesn’t know and doesn’t know he doesn’t know.
  • Consciously incompetent.  Knows he doesn’t know.  (note that NOT knowing is a step UP!)
  • Unconsciously competent.  Knows how to do it, but doesn’t really know why it works.
  • Consciously Competent.  Knows how to do it and knows why it works, so can increase it and validly teach it.
The secret to becoming a top agent?  First become a really crappy agent.  Become a really crappy one, then a bit less crappy, and so on.  That is the actual path.  There is no substitute for "stage time".  None.  Fail.  Fail more and go right on doing it.  Having the right attitude is probably more important than any other factor.  A complete willingness to do whatever is necessary and to have the viewpoint that you are going to persist until you have arrived.  Sort of like it mattered.
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JC was very helpful during the process of buying my first home. He directed me to lenders that truly had my best interest at heart. I almost made a few bad decisions that JC was there to wave off for me. I truly appreciate JC's responsiveness to ALL of my many questions and his willingness to be a sounding board for my frustrations in the process. I still hear from JC from time to time ensuring that I am happy with my home and letting me know of up and coming business in my area that might affect my property value. I will absolutely be using JC to purchase my next home.
JC does a great job with attention to detail and ensuring he has answers to your questions as you navigate the process of a home purchase. JC understands the process of the transaction in a home purchase and makes sure the details are covered.
Ruth helped us to view many houses and (over months) to make multiple offers in a really, really tough market for buyers. Our low bids were our own fault! Ruth's guesses are always spot on. We finally had a bid accepted last month, and Ruth helped us re-negotiate after significant problems were discovered. Ruth has gone above and beyond for us, giving us far more time during this long search than we could reasonably have expected. She even helped us look for a rental when we'd basically given up. Her advice has always been immensely valuable and brutally honest. She is the most knowledgeable agent I've met on the Central Austin market. She also handled our stress well, and believe me, buying in Austin right now is stressful!
Excellent service and follow through. Very professional!
I highly recommend Kristen for all real estate needs.
I had a great experience working with Bramlett Residential Real Estate. Jean Holm was my agent and she & her team made the whole process very simple. She explained everything very well, was knowledgeable, had great advice, and got our home sold. Definitely reccomend!
I worked with Jeremy Vandermause to buy my first home. Jeremy was so patient throughout the process (which I definitely dragged out as I gathered all the facts). He consistently sent me homes I was interested in and was eager to show them off, and on the odd occasions where I found one he hadn't already seen he always made himself available to walk through with me. He was very helpful in those walkthroughs pointing out home features I would have missed, or providing context on neighborhood. As a native Austinite, he definitely knows the history and cultural fabric of the city and each neighborhood. I started with close to zero knowledge of the home-buying process and Jeremy walked me through every step with clarity and patience. So excited about the home I now own! Plus, he's just a legit cool dude. I always really enjoyed our conversations and could tell from the start he was someone worth knowing in Austin
This review is about Joe Gage, their real estate agent. I'm based in Sam Francisco and was looking for investment property in Austin. I tried out three different agents based on recommendations from different sources, including Yelp. Joe clearly stands out. He's very patient and responsive. I'm not familiar with the area at all thus had a lot of questions. His email reply contains detailed information of the neighborhood, including shops nearby, schools and so on. He regularly screen houses and give recommendations once he sees a good fit for investment house offered at reasonable price. He's very knowledgeable about the area. All his recommendations comes with details around why he thinks it's a good investment and sales/rental data in the neighborhood to justify the price he thinks it's worth as well as the expected rental income. I found him to be very methodical and organized. He's not a typical sales person. Maybe this is because he used to be an accountant. Needless to say he earned our trust and we went with him to make the purchase. I was very impressed through the whole process. He's very calm and never pushy. His recommendation on the bid price was right on and he was very good at following up with various parties to push things through. The process went through very smoothly. If anyone is looking for a good real estate agent in Austin, I'd recommend Joe whole-heartedly. His professionalism and calm personality make him a real pleasure to work with.