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Embarking on a career in real estate holds the promise of something new and, most probably, life-changing. Whether you want to be your own boss, earn good money, or help people find their dream homes, this is a great job opportunity!
Yet, getting into real estate and succeeding is also a challenging endeavor. And that may leave you questioning: What gives the great agents their staying power, and what makes others drop off after a few months in business? Well, you came to the best blog as we are here with the answers on how to become a successful real estate agent.
Most importantly, you must know for certain what success looks like to you. Remember Goal Setting = Career GPS; without it, you cruise with no target in mind.
Perhaps you want to close five deals within your first year or establish yourself as the real estate authority in a specific neighborhood. No matter what those things are, break them into smaller tasks. Write them down and roadmap how you intend to accomplish them and take ownership!
It’s so easy to get bogged down by the routine of everyday life and lose track of your goals, which can cause you to veer off course.
Implement the SMART goal tool to set Specific, Measurable, Achievable (challenging but doable), Relevant and Time-bound goals. For example: “Close five deals over the next quarter plus increase my social media following by 15%.” The more specific you are, the greater.
The one piece of advice everyone always wishes about how to become a successful real estate agent they had taken earlier: Getting a mentor. Someone who came before you in the game, has an insight that no course or textbook can give.
It takes off many rookie mistakes, guides you with valuable strategies and even throws in a few client referrals if they trust you enough. On top of that, they’ll be around to support you when you second-guess yourself (and trust us… even the best real estate professionals do sometimes). They will help you advise on how to be a good real estate agent.
Finding a mentor which specializes in what your end goal is the most important. Now, they will be able to help you in a much more hands-on manner and pertinent to where your investment strategy lies. They can also help you become a member of the National Association of Realtors(NAR). Plus, they know what it is like to be new and have no idea.
It’s important to make sure you feel that this company aligns with not just your immediate goals but also your core values.
Real Estate Career Pathway: A Guide for Aspiring Pros
First things first: You gotta get your real estate agent license and for that you should right after finishing your pre-license course, practice for your licensing exam. The best way to prepare is by using the Lexawise exam prep resources. That’s how you ensure you get passed on your first try.
But you can’t stop with that because the thing about the real estate business is that what worked yesterday may be irrelevant tomorrow. You must work hard to always be on top of market trends to be a good realtor agent.
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If properly executed, an Open House can be a lead-generating machine. Do not be mistaken; potential clients need to know that you are approachable and credible — a resource they can trust.
Turn your Open House into an event that serves refreshments and makes all persons welcome as they enter. And, dear heavens of real estate… follow up with everyone that walked through that door! Yes, even the couple that “just popped in to take a look around” could be your next client in three or so months.
This is kind of a no-brainer, but for all you novices out there …NETWORK NETWORK NETWORK. The best real estate agent in the world can be sitting right there, but it will not matter if nobody is aware of your presence.
Don’t be afraid to spend most of your time at industry events, entertaining top clients or just hanging out in the community… get more face-time with people!
Network like crazy — it’ll feel metaphorically slow to start with, but take my word for this: it’s worth It. People Buy From People They Know, Like And Trust.
Not sure if you should get into a training program for the licensing exam? You can have a taste of what Lexawise can do for you.
Your prospects are going to Google you before they ever ring, and it is the reality. So, what are they going to find? A website that looks like it was built ages ago or no social media is profiles? That’s a problem.
You don’t have to be tech-savvy, but you do need to make sure your digital footprint is professional. Your website, social media profiles, and online reviews all need to reflect who you are as a realtor agent—and, more importantly, why someone should trust you to help them buy or sell a home.
Real estate is a people business, plain and simple. They want to know what’s happening, and they want to feel like they’re your top priority (even if you have a dozen other clients).
Keep this in mind: Word-of-mouth from delighted customers is incredibly valuable for gaining new referrals.
In today’s real estate industry technology isn’t just a nice-to-have, it’s a must. From Customer Relationship Management (CRM) systems to digital marketing tools, tech can make your work life a lot easier and help you achieve a new level of efficiency (you will thank for it later).
Real talk: the real estate business isn’t all sunshine and sold signs. There will be setbacks, deals that fall apart right at the end, and slow seasons where it feels like nothing is going your way. However, persistence is key. You’ve got to keep pushing through, even when things get tough.
Building a successful real estate career is a journey—there will be ups and downs, but if you stick with it, you’ll come out on top. Focus on setting the right goals, continue learning, network like crazy, and, above all, treat your clients with the respect and care they deserve.
If you’re serious about becoming the best real estate agent you can be, let Lexawise help you take the next step. Our comprehensive exam prep provides everything you need to pass your real estate licensing exam on your first try.
Ready to start your journey? Sign up for Lexawise today and prepare for a successful career in real estate with the best resources at your fingertips!