July 2019
JOURNAL ENTRY #15
Jul 26, 2019

It's funny how rapidly approaching the one full year in business mark has hit me in a way of reflection which has lead to planning for the next year.

July 2019 has been & gone and while I'm a teeny bit sorry for taking a couple of weeks to put this blog post together - it's indirectly a good thing, because I've been well and truly occupied preparing for the upcoming Spring season and also taking some time to plan the year ahead - it's funny how rapidly approaching the one full year in business mark has hit me in a way of reflection which has lead to planning for the next year... a healthy thing for myself and our business.


Speaking generally, July in real estate can often be a little quirky if I'm to be absolutely honest - almost in a "calm before the storm" kind of way. It's often the month where people are organising their taxes, getting cosy in the cold weather and just playing a little bit of catch up in general - and anyone with a set plan for selling will generally want to wait until the weather warms up. For the brave sellers among the town; it's often a good time to be on the market because if supply is limited - it means buyers in the market have less to choose from, and less to choose from means less competition - which can often lead to a good sale result.


Talking numbers for Ecology in July - another three sold stickers were applied; within the suburbs of Mount Lofty & Glenvale; $400,000, $505,000 & $637,000. Five new listings were signed; within the suburbs of East Toowoomba, North Toowoomba, Rangeville, Kearneys Spring & Highfields... ranging from $390,000 to Mid $800,000's. One thing we did notice though is a steep increase in appraisal numbers compared to previous months, which is the early signs of a buoyant Spring season - some other agents I converse with frequently have mentioned the same.


I've now had two sessions with my new coach (that's Caroline & I in the photo) and that's already showing good promise; it'll be great for me to have some eyes and ears looking in at the business from an independent angle and keeping me accountable for the goals ahead. We all need a little help sometimes, business owners included. Caroline has helped some of the agents who I most respect in the industry and I look forward to working with her over the year ahead and beyond.


For the next blog; which will indicate the '12 months in business' mark - I'm going to share what's happened, what's not happened and some of the observations around the winnings and the learnings of starting a real estate business from scratch. It's been a full on year; I'm feeling that collectively we've had a really good go at it and I honestly look at what we've achieved as a team in twelve months and find it super humbling.

Other Journal Entries

By JOURNAL ENTRY #16 28 Aug, 2019
I've decided I will share a handful of touch points for the first year in summary - the things that stand out to me most with a brief thought of mine attached to each point.
By JOURNAL ENTRY #14 25 Jun, 2019
“Ahhhhh” is the best word to describe how I feel about June 2019 for Ecology Property - the month that all the pieces finally feel like they all fit together. Four more sold stickers went up in June + we signed another three fresh contracts as well - new listings as always were in the works too; but the main and most noticeable thing for me in June was just a feeling of harmony + congruency in the team. I feel like we’re all in a good little rhythm and that we can now take things to the next level - it almost feels like we’ve completed building the foundation of the business in a way. The great commentary around our little brand keep flowing in + the positive feedback from the marketplace about what we’re doing is super reassuring. I don’t think I’ll ever get tired of people saying "oh, is that your company? You sell great properties" or "Is Ecology the one with the really nice signs" - it might seem like a little throw away comment for most, but hearing those things keeps my tyres pumped up in a big way. We also finished off and took delivery of some branded gifts including organic cotton tea towels + laser etched Tasmanian Oak serving/cutting boards; if you’d like an Ecology tea towel for home, sing out! :-) Looking forward; we’re wanting to do a bit more around marketing the brand itself, up until now it’s all been very ‘organic’ business which is super, but we feel we could improve on our growth by putting some more content and materials out there in the world. I’ve also started chats with a wonderful coach for myself to help me with both my day to day and also with some strategic framework so our business is as efficient + effective as possible; this coach has mentored a number of people who I respect the most in this industry so I can’t wait to progress on our ideas. Coming up to the twelve month mark now (two to go), so we are working towards a goal of 40+ sold stickers in our first year, a number that brings me a huge amount of satisfaction + pride upon looking back on the year. Good times and good times ahead!
By JOURNAL ENTRY #13 25 May, 2019
It never ceases to amaze me just how fast each month goes by - I really quite enjoy the responsibility of writing a monthly blog post; it's a good way to keep track of what’s happening and just how fast time flies by when we're having fun. We've had a good month this month; not a month void of any challenges - but a good month. As time passes by and different sets of circumstances present themselves in the line of work, I'm continually learning a great amount and I've felt some of the biggest learnings have been around understanding my own strengths and weaknesses. If I'm completely honest, up until quite recently I've struggled a little with establishing just what support I need to have around me on the daily basis to get the best out of myself, which in turn gets the best outcomes for our clients. I've also learnt that by getting the most out of myself, I'm happier; which in turn creates a happier environment and I'm very thankful for where we are at currently - we're moving in the right direction and feeling better than ever. The election is now done & won and while I won't spectate too much on the specifics - it's great to feel some stability and confidence in the marketplace again. I must admit though; the election campaign this time around didn't feel too affect us too much - we still had some good results, I think if anything it just affected the number of new properties coming on the market for a little while. At the close of May we were sitting at 27 unconditional sales - with 6 new contracts signed in May. Varying price points again; $363,000 (Land) - $386,000 - $502,500 - $555,000 - $745,000 - $770,000. In regards to new properties coming up; some good ones there too - we've listed four around our office in the North-East corner of late and also forged some strong relationships with other business owners for long term business opportunities there... so more to come on those soon. As always - thanks heaps for reading and your ongoing support. I'm loving being a business owner and building our brand nearly as much as I'm loving being a partner & new dad.
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