Real estate can be a very lucrative and rewarding business – you are helping people to either sell a home they need to get out of, or buy a new one where they will make many happy memories! But if you just got your real estate license or are relatively new to the business, you may be confused about some things or have a lot of questions.
It can be difficult to get your name out there and get a large client base so that you can start making good money. But there are lots of things you can do to make sure that your real estate business is booming in no time! Here are 5 tips for new real estate agents.
Market Yourself
Marketing yourself is one of the most important things a new real estate agent can do because it is the quickest and most effective way to get new clients. Sending out real estate postcard mailings is an inexpensive way to get the word of mouth out that there’s a fabulous new real estate agent in town! Send them to anyone in the area so that the next time they’re looking to sell or buy they will glance at your fridge and see your smiling face.
Work In A City You Know Well
Starting out your real estate career in a city you have lived in a long time or know very well is smart because you will be able to answer any and all questions newcomers to the city may have. If you don’t know the city well, do your best to get to know all the ins and outs of it— know where the best schools and safest neighborhoods are, and even have some recommendations on hand for good places to eat! These types of personal touches will go a long way with clients.
Work For An Established Broker
As a new agent, working for an established broker with a built in client base is a great way to get new clients for yourself. Brokers do take a cut of your earnings, but it is well worth it in the end because without one you may be left with no clients at all. Do your research, ask around, and find a broker who has been in the business a long time and can help set you up for success. The good news is that many brokers love to train new agents who are freshly licensed.
Congratulations on this exciting new chapter in your life and your new career as a real estate agent! As with anything else, it can be terrifying to try something new and feel like you don’t know what you’re doing at first, but in no time you’ll be a real estate pro!