Let’s face it; new realtors have it rough. It’s hard to get work in the beginning, especially if you’ve just finished school. Most graduates don’t have the experience or the network to earn enough money, and it can take years of hard work and dedication to achieve success. So today we’re going to provide a few tips for your first year as a real estate agent.
Partner With Other Agents
Intimidated by the big fish in the pond? Don’t worry, you’re not alone, which is why it’s a great idea to partner up with another realtor to consolidate your strengths and weaknesses. By teaming up with others, you also have the opportunity to extend your social network, meaning you’re casting a wider net when it comes to searching for leads.
It’s also a great learning experience, especially if you’ve just completed your realtor courses and you’re new to the industry. We recommend entering a partnership with the option to reevaluate the relationship on a yearly basis.
Work With A Publicist
New real estate agents must learn how to use the media to their advantage, so we recommend working with a publicist. Some may argue this avenue is expensive, but it’s worth splurging, in the beginning, to generate revenue down the line.
A publicist can help polish and promote your brand through the media, and their duties will typically involve social media, advertising, and media buying. These activities can help bring in leads and establish you as a public figure. A publicist’s fee can range depending on the services offered and their experience but expect to pay around the $500 mark.
Maintain Your Connections
Don’t burn your bridges! Maintain a relationship with your old clients, and subscribe them to your monthly newsletter, which gives updates and showcases listings. This clever tactic has been utilized by some of the most successful real estate agents in the country, and it translates to more leads in the future.
If you don’t feel comfortable sending out a monthly newsletter, take your clients out for the occasional lunch and cover the costs. This gesture will make your clients more inclined to refer your services to their family and friends.
By utilizing some of these tips, you’ll be able to make more traction in the real estate realm during your first year in business. For more information about the market, you can always visit realestateforecast2018.com.