It’s rumored that doing well in real estate is to be able to close a deal. I did not find that to be the case for myself, I was probably the worst closer out there and I didn’t find that was true of my top super stars either.
BARBARA CORCORANMost great entrepreneurs I know are nothing like the other kids. They’re almost like tangent lines – those lines that seem to go nowhere. Nothing connects them, until they get out in the real world. Then they connect just fine.
More Barbara Corcoran Quotes
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The most influential factor in selling a home is always price. Don’t build ‘wiggle room’ into the asking price. There’s a price war out there and you have to win it from the get-go.
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I had probably seven agents by the time I became a legitimate real estate broker.
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Every single thing I learned about marketing and building my business, I learned from my mom, and she had never been in the workforce. She just had great practical sense.
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Failure is my specialty.
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I got along with people very well at every job I had, people liked me and I liked them and I loved being on my feet.
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Become better at firing than hiring – it’s crucial for building a business.
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I wanted to be a 150% entrepreneur and a 150% mom, and I found that I was having a very hard time doing both. I was about 75% and 75% – still better than 100%, but not what I was accustomed to at work.
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In business, you’re the Chief Salesman. Create a sense of demand, rather than waiting to have demand.
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Don’t be afraid to go for positions, jobs or take on clients just outside of your knowledge base. It’s when you’re uncomfortable that you learn and grow the most.
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If your house has been on the market for more than four months, take it off the market and re-list it in two months as ‘new.’
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You steal the limelight, you steal the market share
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I was a hot-dog stand lady, I was an orphan housemother, I was a waitress 3 or 4 times. All of those jobs did not have good bosses. They basically told you what to do, when to do and when to hop. And I just didn’t like that very much.
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If I could set a world record, it would be that I have 150 business partners, all with thriving businesses of their own that started with nothing and I made the difference to make them all billionaires.
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Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
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Figure out what past efforts amounted to nothing and label them your “not to do” list. Post the list where you’ll see it.
BARBARA CORCORAN