• Real estate guru Nikki Beauchamp advises against falling for the false sense of urgency that is commonly created in the industry.
• Ruthless prioritization should be your go-to strategy to avoid burnout.
• It’s important to take time out to avoid succumbing to the stress and pressure of constant ‘urgency’.
• By embracing the mantra of ‘slow and steady wins the race’, real estate professionals can achieve longer term success.
• The power of mindfulness, serenity, and self-care should not be underestimated in the fast-paced real estate sector.
• Constant urgency and pressure can lead to subpar performance and decision making.
• Beauchamp believes that transitioning from high-stress ‘urgent’ mode to a more measured pace can have a positive impact on both personal wellbeing and business outcomes.
Nikki Beauchamp’s Guide to Winning the Real Estate Rat Race
Don’t you just love the impression that the real estate world wants you to literally fly through your jobs? If you’re not signing contracts at warp speed or closing deals before your morning coffee has even had a chance to cool, are you even in the game? But the wise Nikki Beauchamp has a totally different take on this.
Avoiding False Urgency and Burnout
Instead of succumbing to the ‘on your marks, get set, go…no wait, we’re done already!’ ethos that pervades the sector, Beauchamp advocates a slow and steady approach. This tortoise over hare mentality might actually lead to longevity, enhanced performance, and an overall better balance of life and work.
Not Stressing Equals Better Decision Making
Beauchamp also articulates, rather interestingly, that constant urgency can lead to hasty moves and subpar-decision making. Putting on the brakes might lead to better thought-through actions.
Mindfulness Over Harebrained Hustle
And finally, amid the hullabaloo and chaos of the real estate world, Beauchamp wants you to light some candles and chill, preferably with a good book. Or maybe meditate. Because frankly, a ‘zen’ state of mind is a much better ally than an over-buzzed and tired one.
Our Hot Take
We’re all too familiar with the real estate equivalent of the Fast and Furious franchise. Beauchamp’s proposal might appear counterintuitive at first, but it’s the kind of ‘slap in the face’ wisdom we didn’t know we needed. By telling us to essentially slow down in order to speed up, she’s blurred the lines between Zen Buddhism and real estate and we’re here for it.
Remember, the tortoise didn’t win the race by rushing. By advocating mindful work and life balance, Beauchamp teaches that success is not just achieving numbers, but also about keeping your sanity intact. So next time your heart rate is soaring, remember these sage words. Slow down, darling – the giant mansion or swanky apartment isn’t going anywhere.
Original article: https://www.inman.com/2024/01/11/forget-false-urgency-master-setting-a-strategic-tempo/
