For Agents: Real Estate Agent Tips
As a real estate agent, you should always be looking to improve your personal business. Whether you are just starting out or you have been working as a real estate agent for several years, there is always an opportunity for enhancements. You will find that incorporating these tips into your routine will improve your overall career.
One of the ways real estate agents commonly lose out on potential deals is by failing to respond to calls and emails in a timely matter. You plan to return the calls and emails in a few hours, but a few hours quickly turns into a day which can then turn into a week and before you know it you never returned that call. If a prospective buyer or seller has a need he isn't likely to wait around very long for you to get back to him before moving on to another real estate agent.
The moral of this story is that you should return all phone calls and emails in a timely manner. The best time is in the evening before you go home. Consider hiring an assistant if you find that you are too busy to do this kind of administrative work.
Prioritize your task list and stick to it. There are some tasks that all real estate agents despise doing. Since you are more likely to put these off until a later date, you should go ahead and do them first. Once you have them out of the way you don't have to think about them anymore.
Impress your clients by under promising and over delivering. You should always leave a little time for in case the unexpected occurs. When you give a deadline to your client, explain the challenges involved with getting the task complete. That way the client is prepared should the worst happen.
Prospective clients have priority over anyone any one you find using real estate agent techniques like phone booking and farming. These people have the most potential to earn you money.
Being a real estate agent is not predictable. No matter how good you get at pulling in clients and closing deals, you never know what turn the real estate market is going to take. Build a savings that you can depend on in a rainy day. You should have a healthy savings that you can last on for at least six months. Saving is easy. Each time you make commission put away 10 percent. You'll have six months worth of savings in no time.
Of course you must earn a living, but remember that there is more to life than being a real estate agent. Spend time with your family and have fun outside of your work activities. You'll be surprised at the impact that a healthy work-life balance has on your career as a real estate agent.
You may have expected to receive tips on how to make more money or get new clients. When you can improve your productivity by including some of these tasks in your routine, you will have much more time to focus on getting new clients. And that, in turn, will bring in more money.
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