Archive for the ‘Career’ Category

    How to Get Leads as a Real Estate Agent

    Monday, June 27th, 2011

    Ask any real estate agent and they will most likely tell you that a big part of their daily routine is working to generate property leads. Leads are the core of any successful real estate agent’s business and some are better at generating leads than others. Part of the process involves thinking about who is most likely to be buying or selling a home and then getting creative about getting your information to them. If you are having a hard time generating leads, what follows are a few helpful tips.

    1. This may seem like it should go without saying but it bears repeating: ALWAYS have your business cards with you. Leads are everywhere and you want to be able to hand out a card to that store clerk, for instance who mentions in passing that they are expecting twins and looking for a bigger house.

    2. Become a local source of helpful information. People are bombarded will sales and marketing information daily. If however, you start a blog, newsletter or website that provides useful information about the community, local events, job outlook, the state of the real estate market, trends etc. Mention your credentials but don’t try to aggressively “sell” yourself as a realtor. If you become a trusted source of information, your articles will get read and people will come to value your opinion and look to you for information. That makes it more likely they will look to you when they are looking to buy or sell real estate.

    3. Make sure you also have your own business website. It does not have to be extensive, but it should promote you as a real estate agent. You should post your credentials and listings on this site. You should post testimonials and visitors should be able to contact you and access the entire MLS from your site. Link this site to your community oriented website or blog and vice versa.

    Take advantage of any local city or town websites that allow local business listings.

    Update all of your web information on a regular basis. This will entice people to keep returning to your site.

    4. Networking is vital. You can do this face to face or through social networking on the internet. Be careful not to spam online but you can generate leads on the internet.
    Join forums on the internet that are specific to real estate and be helpful, providing useful information. When people on the forum or in the social network start to know and trust you, they will tend to become leads.

    With respect to face to face networking, join your local Chamber of Commerce or other business networking groups. Become active in the community, church groups, charities etc. Talk to people whenever the opportunity presents itself and don’t be afraid to ask friends and family for referrals.

    Get to know local contractors, lawyers, architects, real estate developers, bankers, mortgage brokers and other professionals related to the real estate industry. They can refer real estate leads to you.

    Be aware of changes occurring in people’s lives. Change may mean house hunting or house selling. Look to network especially with people who are getting married, divorced, having children, getting new jobs, promotions, taking a parent into their homes. All of theses changes may require a change of residence.

    5. Be helpful to other agents. If you are a new agent or you don’t have much business offer to hold open houses for busier agents in your realty group. Make yourself available to take floor shifts at the office and cover for other busier agents who may have showings that take them away from the office.

    6. Don’t be afraid to give away something to get something. You can offer a free market analysis to homeowners or a free real estate investment seminar. You can provide free gifts, market update newsletters or promotional items to potential customers designed to keep your name in from of them. You can host a party or barbeque to thank your previous customers and use the opportunity to ask for referrals.

    7. If you are doing mailings, include information that might make the mailing useful to keep. Potential clients are likely to read and keep this mailing.

    8. Some brokers do not like to do BPO’s (Broker Price Opinions) because they do not pay very much. However, many of these properties are in the process of being foreclosed upon. When the property foreclosure is completed, these companies will need a listing agent and they will already know you.

    While this list is not exhaustive and there are many other options, it provides a good starting point. The real key to successfully obtaining real estate leads is consistently working to obtain them.

    How To Become a Real Estate Agent

    Tuesday, April 12th, 2011

    There’s a housing crisis in America, but the real estate industry is expected to make a comeback in the very near future. That means that now is the time for people to learn how to become a real estate agent. Those who take advantage of the time they have to obtain their real estate licenses will be ready to strike when it becomes apparent that people are set to begin purchasing houses again.

    Learn the Job

    The first thing people need to do is learn everything there is to know about what a real estate agent does, because they have a very important job. They are the ones who will make sure that a seller isn’t pricing the house too high, which would prevent it from selling in a timely manner.

    They also have to represent their clients’ best interests when they are on both the selling side and the buying side. It’s the agent’s job to ensure that the seller can obtain the price that is most advantageous to them. If they are representing the buyer, they are going to need to know how to obtain the lowest price possible for these clients.

    Decide on a Specialty

    This industry can take people in several different directions. Most people are familiar with residential agents, but they may also choose to specialize in commercial real estate. Commercial real estate agents aid in the buying and selling of office buildings. They also assist their clients when they need to rent or lease office space in a commercial office building. But real estate is not only a genre that concerns buildings; people also need to hire agents who can help them buy and sell land.

    Do You Have the Right Personality?

    What people need to acknowledge before they begin to enter into this profession is whether or not they like to engage with people. They will need to be very social as they will be working with people inside their homes. They will have to set times for open houses and advise their clients on the best practices for selling or buying a home. If people aren’t comfortable working in such close proximity with people, they may need to decide on another line of work.

    Become Licensed

    After people have examined the job description and determined that they have the personality suited to be a real estate agent, they will need to become licensed. In order to do this, people need to take courses from a reputable school. They can find these schools by consulting the Real Estate Licensing Commission or the Real Estate Association in their states.

    Submit to a Background Investigation

    The qualifications for people who want to enroll in real estate courses are to be 18 or 21 depending on the state and to have graduated from high school. After they complete these courses, they will need to submit to the Real Estate Licensing Commission for a complete background check. After they have received their licenses, they are prepared to look for a position at an established real estate agency.

    Search for Work

    People may search for work as an agent in the same manner that they would seek any other job. They may take advantage of the Internet or they may scour their newspapers’ classified ads.

    It takes dedication for people to break into this industry that they desire to be in, but they can make their dreams a reality. Once they have completed their courses and passed the licensing exam, they can begin to gain experience working in an agency. After a few years of learning everything they need to know, they can even open their own agencies.