As we ring in a new year, it seems prudent to review last year and set some goals for the upcoming year. Years in Corporate America left a sour taste in my mouth for “five year business plans”. It is hard enough to plan for next month. Five years in this day and age is a lifetime. Heck, at this time five years ago I’d had my real estate license for four months. Today we own our own brokerage 18 agents and offices in two cities.
A lot can change in five years.
So we’ll focus on the upcoming year, knowing full well that the plan will likely morph and change significantly. (Fair warning, insufferably long post ahead.)
Looking back on 2009
From both a personal and professional perspective, 2009 was a great year. The blog grew, the brokerage grew, the kids grew, and my circle of confidants and friends grew.
The Blog:
Often it blows my mind when I ponder what this blog has evolved into over the last 4+ years. In 2009, there were 633,558 visitors from 192 countries that generated 2,079,034 page views. 2,909 currently subscribe by RSS feed. Over 60,000 people stopped by 50 or more times in 2009.
The home search page was the most visited page, but the series of posts on the home buyer tax credit gave it a run for the money. In early February when news of the tax credit first broke, we had our all-time high daily visitor count of 13,120 and in the 10 day period from Feb 5 – Feb 14, over 85,000 visitors generated almost 200K page views. It was crazy! (Many of those posts get traffic every day, 11 months later.)
If you are curious, visitors from Japan spent more time on the site (by far, at over 23 minutes/visit) than any other country. For countries with over 300 visitors, those from Greece spent the least amount of time on the site. I don’t know what, if anything, this means. . .
We released a major redesign on November 27 (check the home page if you haven’t seen it yet) but it’s not done yet. Next up is restructuring the navigation menu to provide easier access to more content as well as building “sub-blogs” to house some of this content.
I don’t have the vocabulary to properly convey my thanks to all those that stop by to read here, whether it’s one time, or you are a regular. I deeply appreciate those that take the time to stop by. Without you all, there wouldn’t be much point.
The Brokerage:
When 2009 rolled around, we had eight agents all operating out of the Phoenix area. By the end of the year, we’d opened a branch in Tucson and the total agent count had grown to 18. Thompson’s Realty agents had 91 transaction sides in 2009, missing our goal of 100. That miss is my fault, and has nothing to do with our agents.
In late July, we completely changed ThompsonsRealty.com, converting the site over to one designed and hosted by the great folks at Real Estate Webmasters. A lot of work remains there to fully take advantage of all REW offers.
Late in the year we began to implement an electronic transaction management system. This, combined with electronic document signatures has made us about as “paperless” as one can be in a business that generates paperwork by the truckload.
But all the cool tech tools on the planet won’t provide the most important thing to our clients – premier customer service. I leave that to our world-class agents, who I am so very proud of. They are what makes this brokerage successful.
Life:
I honestly can’t count how many very cool new people I met in 2009 that I now call friends. Some I’d “known” online for a long time before we finally met In Real Life. Others I met for the first time. In addition to all the new friends, relationships grew with many other longer-term friends. You folks are all incredible people, and after my family are the most important part of my life. Thank you.
The kids had two milestone birthdays in 2009 with James turning 18 and Lauren turning 16. They have both grown, faster than I would have liked, into amazing young adults. That’s due in no small part to Francy. Every day I look at my wife and wonder how one person manages to be everything one could ask for in a wife, mother and business partner. I’m completely in awe of her.
Looking ahead to 2010
The Blog:
For 2010, my goal for Phoenix Real Estate Guy is to reach 3 million page views, roughly a 33% increase, and we’ll do a little restructuring with home search options to hopefully provide the home searcher with a more complete solution to their home search needs. The types of articles written here probably won’t change much. Yeah, they wander all over the place from hyper-local to national real estate issues and everything in between. I could probably “do better” by focusing more but that’s just not going to happen. At its base level, the blog is what it is. The look and functionality may change, but there will continue to be local news and info, discourse on real estate issues, along with random musings and rants.
The Brokerage:
2010 numeric goals are simple – close 200 transaction sides and hire 10 more kick-ass agents. At the agent level, I’d like to help each of our agents increase their business by 50% in 2010.
These goals may be easier said than done. They are aggressive, but I think we’ve got a collection of amazing agents with innovative ideas and we can pull it off. We’ll find out in 12 months. . .
Numbers are nice and everything, but the single most important component of the brokerage is the client. Period. Our clients demand superior service and flawless real estate transactions from knowledgeable agents. And that will never be compromised in the pursuit of increasing business. Ever. In fact, we’ll find new and better ways to serve our clients in 2010.
The Real Estate Industry:
In the past, I’ve done my fair share of whining about the “real estate industry”. Specifically some of the bone-headed moves made by local, state and national real estate associations. The National Association of Realtors (NAR) has been tied to my whipping post for a long time. You may have even read my (woefully neglected) blog “NAR Wisdom” at one point. Today, I’m officially retiring NAR Wisdom. I’ll leave it up, but I don’t plan to post to it any more.
This does NOT mean I’ve just rolled over and admitted defeat. Nor does it mean that I won’t chime in when associations do stupid things.
On the contrary, I’ve decide to get more actively involved in trying to change the way these bureaucracies function. I’m now serving on several association committees:
National Association of Realtors:
Multiple Listing Issues and Policy Committee – Member at-large
Business Technology and Information Systems Forum – Vice Chair
Conference Program Subcommittee – Member
Arizona Association of Realtors:
Communications & Technology Committee
Arizona Regional Multiple Listing Service:
Technology Committee
While I firmly believe that writing about issues is participating, and helpful, the only real way to affect change in these organizations is to participate in them. It takes a lot of time, and significant personal resources, but it’s important. These groups have a direct effect on real estate agents (hence an indirect effect on the real estate interested public as well) and it is time to do whatever must be done to affect change and help bring these groups into the 21st century.
Local Activism and Involvement:
I live in a rapidly growing town that is facing all sorts of budget woes. I live in one of the largest metro areas in the nation that suffers at times from an identity crisis. Many think we have no “Phoenix Culture”, that nothing (short of 115 degree summer days) that makes us “unique”. I have kids in school that face budget cuts that could impact the rest of their lives.
In 2010, I’d like to expand my efforts to help in all these areas.
Today I joined the Gilbert (AZ) Small Business Alliance. I’ve recently been serving on the Board of Advisors for the Phoenix Innovation Foundation, and will continue to do so. It is my hope that Thompson’s Realty can continue to sponsor events like Ignite Phoenix and The Highland Jazz Festival.
And much to my wife’s chagrin, I’m looking out for openings on the Town of Gilbert’s Boards and Commissions. Been down that road once before on the Human Relations Commission. Now if a seat were to open on the Planning Commission. . .
Life
Last but not least, the most important goal of 2010 and the rest of time – be a better friend, husband, and father.
Hopefully writing and publishing these goals will provide me with a little accountability. If you read this far, congratulations! If you haven’t written down your 2010 goals, get busy. You’ve only got 364 days left to meet them.
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{ 36 comments… read them below or add one }
Sounds like you had a great 2009. I hope that 2010 turns out to be even better and it is all that you hope for! Best of luck to you and your business in 2010!
Nice Post! Your blog is great and the redesign is really nice. You are setting some pretty high standards in our industry and it is nice to have people like you to look up to.
Best wishes in 2010!
Jamey
Jay – all the best to you, Francy and everyone @ both of Thompson’s Realty locations. The blog is looking great as is the REW website. Let’s make 2010 memorable for all the right reasons!
I figure I should probably admit to the part the I most likely played in your increased traffic, you probably have a bit of a stalker on your hands but it’s okay – I’m all the way out in Ohio. :-p Just wanted to leave a line of ‘Thanks’ for your participation in NAR. It does require a lot of time making educated decisions which you are more than qualified to participate in. It’s nice to know we are well represented on these committees.
I totally expect that you will blow past your goals for next year. You’re gonna have a great year! Couldn’t happen to a nicer guy.
.-= John Wake´s last blog ..U.S. rents fall 3.5% in 2009 =-.
Wow, great stuff Jay. Wishing a happy, healthy and prosperous New Year to everyone in your extended family.
.-= HowardArnoff´s last blog ..Happy New Year [and good riddance to the "aughts"] =-.
Hip Hip Hooray, Jay! Good for you & your brokerage!
Whatever the market does in 2010, I am sure you will meet all of your goals!
Good Luck
Patrick
Ashlee, Jamey, Jim, Danielle, John, Howard and Patrick –
Thanks! And here’s to a rocking 2010 for all! *clink*
Heya Jay
I started following you from Twitter mid-year this year. I’ve enjoyed your blogs and I thoroughly love your new re-design. I’ll be asking you where you stand on your goal mid-year so you can stay even more accountable
Warm wishes
A mid-year follow up is a great idea Matt…
You are an excellent role model… thanks for being here (and there).
.-= Doug Francis´s last blog ..Real Estate’s New Strategic Focus | April 30, 2010 =-.
Well thanks Doug! And thank you for being there (and here).
Hi Jay,
Great post! It was really interesting to read your thoughts about 2009, and I wish you all the best with your plans for 2010. I’m so glad you’re participating in NAR’s committees to help the organization reflect the needs of more of our members. It’s been a pleasure getting to know you, and I look forward to seeing you at a RE.net event soon!
Thanks Hilary! I hope I can affect a little change with the committee memberships. Baby steps, right? Maybe I’ll see you at Inman Connect next week? If not then, AEI in Quebec City for sure (I think we’re on a panel together?) Have a great 2010!
Jay,
I love your blog and I wish you the best for 2010. Thanks again and I’m looking forward to your future posts.
Thanks Jacci, it’s always nice to hear when someone appreciates this place. Best to you in 2010 too!
Jay,
It would be hard for anyone to not appreciate your blog with how well designed it is.
When I first plugged into the internet almost 3 years ago you were one of the first blogs that I visited. Though I do not always leave a comment I do stay up-to-date with what you have to say. You are huge online and I was shocked when I found out you lived in the same city as I do. It truly is a small world we live in. I hope to meet you at one of the local events that you and others attend in the Gilbert area! Anyways, happy New Year good luck with your goals for 2010.
Paul – You should come to #evfn (East Valley Friday Nights) sometime:
http://www.phoenixfridaynight.com/category/pfn/evfn/
And FOR SURE hit up Phoenix RE Bar Camp 2 on April 9!!
http://rebarcamp.com/phoenix/
Hi Jay,
Thanks so much on the great presentation on blogging. It was so informative and I love your direct personality. I will keep you in mind if my clients move to Phoenix.
Thanks Judy! It was a fun presentation to give. Different (very) than delivering something in person. Hard because there are no visual audience ques.
Sounds like you have made some giant leaps in the last few years. I think that 2010 is the year that many online services and sites will fully mature and realize the goals that they intended years ago. Things will become more integrated now than ever before now that every MLS has to be on the RETS standard.
-Tyler
.-= Portland Condo Auctions´s last blog ..oct_0179.jpg =-.
I hope you’re right Tyler! As always, thanks for stopping by!
Happy New Year Jay,
Thanks for the great post. I have been struggling to wrap up my planning for the new year and this was just the jolt I needed. Your “all-encompassing” view of work, life, and community involvement for the next year helps to put my goals into perspective. I have a much clearer view of how I plan navigate this new year and I have added a few new goals that I had not previously thought of. All the best to you and yours in the new year!
Missy Kitzman
I love the “peek behind the curtain”.
And although 2010 looks impressive, I suspect that #ThompsonsArmy is going to be a serious force in the Arizona in 2012 or so…
Justin
.-= Justin´s last blog ..Life Happens. =-.
Great year in this economy and I like the goals you set for 2010! Also, you are a great testament to how to utilize wordpress and also how to write compelling RE blog posts….I just started my wordpress RE site yesterday. How happy are you with the IDX service you recently added to your blog?
.-= DJ Morris´s last blog ..4 Things to Know Before Putting Up Abacoa Homes for Sale =-.
Congratulations on being sdo popular within 4 years. Hope that 2010 will also bring even more visitors and success to your blog.
I really enjoy reading your blog. You provide great information about the community and real estate industry!
I have only just stumbled across your blog. It really is a great read and a useful resource. Best wishes for 2010 from the Costa Blanca!
Here’s to a prosperous 2010. This real estate blog is the best I’ve found and a 33% increase seems more imminent that probable. Information this good can’t be ignored (not that it is now). Thanks for all the great info, ideas, and insights you have provided over the years. So long 2009, hello 2010!!!
.-= Ashley Covington´s last blog ..Hello world! =-.
Have a great new year ahead to all of us!!!
Happy new year and best wishes for everyone!
This real estate blog is the best I’ve found and a 33% increase seems more imminent that probable.
Hi Jay,
What is the new law under hamp or hope that applies to short sales? If someone did a short sale in 08 and signed a deficiency note, but subsequently lost their job and was unable to pay the debt, what is the best course of action to take according to new law. if the bank is threatening a judgement against the short seller what is the short sellers option to resolve the issue especially since they have no job ? How long does a real estate deficiency judgement last? Is there a difference if the deficiency is on the first or second mortgage (both first and second as part of the original loan packaging by the bank.) Deficiency is in illinois.
Hi Sherry –
Deficiency rule and law varies by state. I have zero knowledge of Illinois law, but even if you were in Arizona like I am, I would strongly advise you to talk to a local real estate attorney. Real estate agents have to be very careful to not give legal advice. I wish I could be more help, but you really need to consult with an attorney.
06 2010
…………. 2011