Projects Under Consideration
When I reported my stats last Friday, you may have noticed I have 50 “Projects Under Consideration” and you may have wondered exactly what that meant. Well, I’ll tell you. But keep in mind, all agents do things their own way, and I don’t know if anyone else does this, so this is just ME.Basically what happens is, my client list is pretty full, and sometimes I’m in a phase where many of my clients need lots of my time, and I simply don’t have time for one more client. It goes in cycles… eventually the load will lighten, and I’ll have time to add clients to my list. So during the busy times, when I get proposals I’m really interested in but don’t have time to represent, I hold those proposals in a special file (“Under Consideration”) so that I can go back to them later when I have time. I let the authors know that I’m interested, but that I can’t make a decision right away. I ask them if I can hold on to it for awhile, I let them know they’re free to shop it elsewhere, and ask that they let me know if they want to be removed from consideration at any time. (Like if another agent offers representation.) This doesn’t mean “I will represent you later,” it means, “I like your project but I’ll need to defer my decision until later.”Then when I have time to consider new clients, I’ll go back and carefully read those projects and make final yes/no decisions. I won’t be able to say “yes” to everyone, but that second look will make it easier for me to sort through and make good decisions about what projects are right for me to represent.Since I’ve only been doing this for nine months, I’m still working out my processes and procedures. So far, this is what works for me. I think other agents might be better at the immediate yes/no, but I’m not quite there yet.(Any agents out there who happen to be reading my blog, I’d love if you could chime in and let us know how you handle this.)And those of you who are in the “Under Consideration” file, I’m starting to make my way through them. Sorry for the wait and thanks for your patience!