As a new real estate agent, you may find yourself overwhelmed with prospect of running your own business. Between obtaining new clients, managing listings, and staying in the red you’ve got a lot on your plate. But don’t worry we put together a list of tips to make sure you become the successful agent you want to be.
1. Find a Mentor
Sounds simple enough, right? Finding an experienced agent to mentor you is a great way to learn the ropes and keep yourself accountable. Whether your working for an office/brokerage or freelancing, a mentor will make you a better agent. Seek one out as soon as you can.
2. Shadow Great Agents
Tying in with our first tip, find an agent to shadow. Following, and adopting practices of successful agents can really jumpstart your career. Target agents that have a strong social media presence, and a large book of clients. Use their roadmap, they found success by sticking to what works.
3. Continue your Education
You already obtained your license, but your education does not stop there. Commit to learning more about your craft through online seminars, books, and agent meet-ups. Many agents suggest treating your first year in real estate as grad school. Focus on learning and building for the future.
4. Fill your Pipeline
The key to making money in real estate is constantly adding clients to your pipeline. Having a full slate of work lets you avoid the common mistake of putting all your eggs in one basket. Perfect deals can fall apart, and it is easy to get discouraged. You can’t assume all your deals will go through so always have a backup.
5. Build your Brand
Your brand is everything in real estate. It gives you clout, makes you marketable, and draws more clients to you. First step to building your brand is to establish a strong social media presence. Create professional pages on Facebook, Twitter, and Instagram and reach out to clients. Offer advice and get involved with discussions.
6. Stay Flexible
Being open to criticism and embracing change will lead you to success. You are your own business now, so you will want to be flexible and adapt to the ever-changing real estate market. Keep an open mind and an open schedule and find your way.