Thursday, December 31, 2009

Any real estate agents have advice for people aspiring to get there license?

Everyone told me to have 3 months of reserves in the bank. That was not such great advice. I made $1,900 my entire first year. I saw agents selling 1 house every week. I wondered how i would ever get there.


I would give you 2 advices:


Get listings. Most new agents never get a listing. They picture themselves driving buyers around and making offers. That's nice but listings keep you going thru all markets. Read the book by Gael Himmah about Listing houses (Listing Magic or Listing Master is the title-i can't remember).


If it is not working, don't fool yourself. Give up. Out of the 100 in my realty school, i am the last one left. The others hung on too long and were out of money./Any real estate agents have advice for people aspiring to get there license?
You have to decide if you want to spend several months going to a local junior college learning how to obtain your license or going to a seminar or two that teach you how to pass the test to get your license.





That is a choice you have to make. Personally the one that prepares you to pass the exam is better. That is the easy part getting enough information and learning to pass the real estate exam.





Once you have successfully passed the real estate exam, the newly licensed real estate agent now think they will automatically walk into a real estate office and people that want to sell houses and those that want to buy houses will simply call. ';NOT SO';





While you are getting your real estate license I suggest you take a couple of classes in marketing yourself, going to a few self-esteem classes, changing your wardrobe to a professional wardrobe.





Of the ones I have mentioned above the most important is marketing yourself.





Those that are unsuccessful will tell you that nothing work and it is a hit and miss game. That is not so.





Successful real estate agents have a plan and a marketing technique that work for them and make them successful.





You want to watch the cold calling. There is a ';Do Not Calling List'; one mistake on this and it could cost you as well as your firm $11,000 each so make sure your office have a ';Do Not Call Policy';.





I find that marketing yourself in one area that you become very familiar with will reap the best benefits for you.





Don't forget to form a professional team of industry professionals that will assist you in doing your job.





The other thing is become professional in one phase of real estate. Selling high end homes, Selling to the moderate and low end market.





What ever you do you can not be a Notary, loan officer, insurance salesman, and work a title company part time.





So if you plan to sell houses specialize in selling houses. If you are gonna specialize in selling commercial properties specialize in selling commercial properties.





Your professional team will be the one to farm other things out to that you don't specialize in. They will refer things to you that you don't specialize in.





I hope this has been of some use to you, good luck.





'FIGHT ON';Any real estate agents have advice for people aspiring to get there license?
A few things --





Network. Always network. Every single person you meet or talk to could be a potential client.





Being a realtor is not a license to think you are above everyone in the food chain. You may bring business to your favorite Escrow Officer but you could pick up business from other escrow personnel, insurance agents, loan officers, etc.





Always leave a lasting impression of professionalism. Don't think that your phone will ring off the wall - or that flyers will bring you business.





Come up a marketing plan to sell yourself.





Good Luck.
Check your spelling.

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