The Fundamentals of Time Management for a REALTOR®
Louisiana REALTORS® • January 20, 2020
Time is money. This is a common saying, but time can actually be more valuable than money, and there are good and bad ways to spend and save both. The way you organize your schedule and manage each day plays a vital role in your success. This is especially true for REALTORS®. Because of the relationship between time, money, and success are so interconnected, it’s important to understand the fundamentals of time management.
The Eisenhower Matrix
Each day there are tasks that need to be done. There are also tasks that can get done but aren’t necessarily necessary. Prioritizing your day is a great way to work smarter, not harder. The Eisenhower Matrix helps you to make decisions about certain tasks so you can work as efficiently as possible. This matrix features four categories: do first, schedule, delegate, and don’t do. The top of the matrix has two characteristics: urgent, and less urgent. The left side of the matrix also has two characteristics: important, less important. Tasks that are important and urgent should be done first. Tasks that are important and less urgent can be scheduled for another time. Tasks that are less important, but still urgent can be delegated. Simply don’t do the tasks that day that are less important and less urgent.
Maintain a Schedule with Flexibility
Booking every minute of every day is a recipe for disaster especially when dealing with a variety of clients. Not only will it wear you down quickly, it doesn’t allow for any change in plans or unforeseen events. Again, prioritizing is very beneficial, but allow your schedule to be flexible. This makes it easier to account for a change of plans and new opportunities. It is important to be sure to determine what activities are income-producing and which activities could be busywork.
Time Blocking
Time blocking has proven to be an effective time management strategy. It’s as simple as it sounds. Instead of trying to accomplish a variety of things in a random, disorganized way, set a block of time and focus on one task, and complete it. This added level of focus can be centered on your most important tasks, making you more thorough and at the end of the day, more productive. A good example of this is setting aside a concentrated block of time for prospecting and follow-ups. Having a time block helps with focusing those efforts and producing-better outcomes.
Take Quick, Regular Breaks to Maintain Productivity
By nature, your brain can only focus on one activity for an hour or so. Once you reach this point in time, your actual productivity drops tremendously. In order to counteract this effect, set an alarm to remind you to stand up and take a break for a few minutes. Instead of trying to trudge through and finish a task, these quick, regular breaks can end up saving you time and make you more effective.
These are only a few fundamentals of time management. Implementing them can allow you to get more done in less time. As a knowledgeable, professional REALTOR® you can provide the highest level of service to your clients when your schedule is organized and efficient.
The National Association of REALTORS® Board of Directors approved a 2026 budget with no dues increase and passed a Professional Standards Recommendation to clarify language in NAR Code of Ethics Standard of Practice 10-5, which prohibits harassment of any person or persons protected under Article 10 of the Code. A day earlier, the Executive Committee approved another Professional Standards change, revising language for Policy Statement 29 designed to ensure state and local associations can fairly and consistently enforce the Code of Ethics. Learn more about the changes. Read the revised Code of Ethics and Standards of Practice. Board members also approved a consent agenda to elect the 2026 officers and regional vice presidents . Christine Hansen of Ft. Lauderdale, Fla., was elected 2026 President-Elect, and Colin Mullane of Ashland, Ore. was elected 2026 First Vice President. The meeting opened with a video message from President Donald Trump, who welcomed REALTORS® to Washington and thanked them for support of the House-passed tax reform. NAR routinely invites the U.S. president to address REALTORS® at the Washington meetings. Over NAR's history, nine sitting presidents have addressed the association. Board Actions Approved a series of Finance Committee recommendations, accepting the association’s financial statement, approving the 2026 operating and advocacy budgets, and keeping dues at $156. The board actions also redirect $35 of the $45 Consumer Advertising Campaign assessment to operating funds. This change positions NAR to make its next settlement payment in February 2026 and maintain a balanced budget without raising total dues. The remaining $10 for the Consumer Advertising Campaign will fund optimized, metrics-driven activities that reach and engage consumers in critical markets. NAR CEO Nykia Wright and President Kevin Sears explained the shift at the opening session of the conference . Amended Standard of Practice 10-5 to give state and local associations greater clarity in how to fairly and consistently enforce Article 10 of the Code of Ethics. The amended Standard of Practice says that REALTORS®, in their capacity as real estate professionals, in association with their real estate businesses, or in their real estate-related activities, shall not harass any person or persons based on race, color, religion, sex, disability, familial status, national origin, sexual orientation, or gender identity. Made a series of recommendations to the Standards of Practice to bring the language in line with the terms of NAR’s 2024 settlement. Approved a motion to make one member of the Executive Committee a commercial practitioner who has served as chair, vice chair or liaison of an NAR commercial-related committee or forum to serve a two-year term and be independent of the 10% commercial representation requirement outlined in the NAR Constitution. Approved a recommendation from the Credentials and Campaign Rules Committee to amend qualifications for president-elect, first vice president and treasurer effective Jan. 1, 2026. Qualifications for top-line officers are now aligned with those already in place for regional vice presidents. Approved recommendations from the Member Accountability Committee related to applications for volunteer leadership and the Statement of Appropriate Event Conduct. The goal of the recommendations is to ensure members found in violation of the NAR Member Code of Conduct are properly disclosed. Award Winners NAR President Kevin Sears announced the 2025 Distinguished Service Award winners James P. Cormier , AHWD, C2EX, of Minneapolis-St. Paul, and Brooke S. Hunt , AHWD, E-PRO, SFR, SRS, C2EX , of Flower Mound, Texas. In addition, the group recognized the winner of the 2024 William R. Magel Award, Anne Marie DeCatsye , CEO of the Canopy REALTOR® Association and Canopy MLS in the Charlotte, N.C., metro area. REALTORS® Relief Foundation During the meeting, REALTORS® Relief Foundation President Greg Hrabcak appealed to board members to make a tax-deductible donation. The fund provides housing assistance to victims in the immediate aftermath of a disaster; 100% of funds donated go to disaster relief. “We’ve had devastating wildfires in California, tornadoes in Missouri and Kentucky and flooding in West Virginia, and we’re still in the first half of this year,” Hrabcak said. Before the meeting ended, directors had donated more than $41,000.
Whether you’re working in Baton Rouge, Shreveport, Lafayette, or anywhere in between, here’s how you can use Homeownership Month to elevate your real estate marketing and better serve your community.
Here are key insights and ready-to-use talking points to show your clients how homeownership is more than just a place to live—it's a smart strategy for long-term wealth building, especially right here in our state.
