Last month, Amy Nitzschke joined Julie Perich, owner of Yoga on High, to share their thoughts on Mental Wellness in Real Estate during a continuing education course hosted by Lux Title Co. They shared their personal stories as well as tips to help real estate agents manage their physical and mental well-being.
STRESSORS IN REAL ESTATE
In the real estate profession, there are many highs and lows and agents spend a lot of time managing the roller coaster. When things are good, it can be a euphoric, on-top-of-the-world feeling. But in the low moments, there are many stressors managing the unknown. It’s easy to see why there is a lot of stress and anxiety in a profession that is heavily impacted by external variables.
Every career has its own stress factors, but there are particular challenges that come with a commission-based, client-centric profession like real estate. Common concerns are not having a consistent paycheck, worrying about maintaining a strong reputation, and managing clients’ emotions and expectations. Add that to the pressures of often being a sole contributor. Real estate agents are responsible for lead generation, client management, prospecting, marketing, contracts and negotiations, and much more.
TIPS TO MANAGE STRESS
In real estate, the highs and lows are inevitable and success often comes down to the ability to manage stress. If an agent isn’t healthy, neither is their business. Here are a few techniques to help reduce and manage stress.
- Focus on physical well-being. Establish a routine that includes consistent exercise and a healthy sleep schedule. Remember to eat balanced meals and drink enough water. All of this will support focus and energy throughout the day.
- Find a healthy balance. Allocate specific periods of the day for personal and professional time to avoid burnout. Set daily tasks and goals to accomplish and build in downtime to relax and refresh your mind.
- Ask for help. When you’re feeling overwhelmed, don’t be afraid to lean on your support system. Delegate tasks where you can so you aren’t trying to do it all yourself. And if you need extra support, talk to a licensed therapist for more coping techniques.
These are just a few of the ways to minimize stress. Focusing on mental health is the key to maintaining a long career in the real estate industry.