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Advice for New Real Estate Agents

4 years ago, Written by , Posted in Business Tips, Real Estate

If you are a new real estate agent, you probably already know that it can be tough to get your name out there in order to get your professional reputation going. Finding clients can be a huge challenge. This is especially true in the first few months of being an agent. Listings are a great way to establish your reputation as a new real estate agent. But how else can you get business?

Well, there’s a lot more to it than putting your name out there. One of the keys to establishing yourself is to construct a database of contacts that are in the real estate business. But that’s not as easy as it sounds. One of the first steps is to decide who your best prospects are and how to get in touch with them in order to prove to them that you can offer your clients value for your services.

Here’s how to generate initial listings to develop your reputation as a real estate agent:

Narrow your client search

One of the biggest blunders that you can make when first staring out is to fail to focus on a particular niche in the real estate market. In order to narrow your search for clients, focus on what particular type of home or niche you want to specialize in. Do you want to focus on historical homes and older Victorian homes? Or do you wish to become an expert on condominiums or newer homes? Whatever you choose, become an expert on the niche. This will help to build your real estate business.

Be open when it comes to prospects

Basically, a good thing to remember is that everyone is initially a potetinal client. Your prospects can include your immediate circles as well as anyone that you do business with. Of course, it’s a plus if your potential clients already like you! Don’t forget to include people on your social medial networks such as former high school classmates and other business professionals.

Keep prospects informed

Once you have the contact information for your potential clients, keep them informed with information on new about property values, affordable property opportunities, and new building developments in their area. You can do this through email with their permission or through social media channels like Facebook and Twitter. Homeowners always want to know how much their home is worth on the current market, and many renters are looking for the perfect opportunity to buy.

Take advantage of support

Even though you’re new in the real estate business, there is a lot of support out there available to you. Take advantage of networking groups and association meetings. Listen to what other professionals have to say about the industry, and don’t be hesitant to ask for help from colleagues. Talk to your neighbors and note which ones are thinking of selling. Keep up on social media and post relevant industry information with quotes from MLS when needed. Use your past experience, both professional and personal!

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