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#120575 - 09/11/06 06:55 PM Re: Why are so many real estate sales people unsuccessful?
Becca L Offline
Junior Member

Registered: 09/10/06
Posts: 6
Loc: Miami Beach
What would you do if you lived in an area that was almost exclusively condomniums, and the few houses in the area are either commercially zoned or over 4 million... How do I farm this area and how would I door knock even if I wanted to.Yes, I am a new re agent in South Beach, a ridiculous seciotn of Miami Beach and the firm I have chosen has absolutely no prescence here.... I just read through the sunday re guide and they did not have 1 listing, not here or in their other office about 30 miles NW of here... Do I quit now? I just signed and havent even been in the office yet....

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#120576 - 09/12/06 09:10 AM Re: Why are so many real estate sales people unsuccessful?
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Becca,
How did you come to choose a brokerage that has no market share in the area you live? What made you choose them over other firms with a market share in your area?

As for farming condo's you can forget knocking doors, not because it won't work but because the vast majority will be posted No Soliciting. The best approach is to do mailers to everyone in the association. You also better get familiar with the restrictions on all the developements in the area. You want to become the condo expert if you want to work that market. You also need to learn which developements have the majority of investor owners as many banks will not loan on developements whose percentage of ownership is higher in investors than in owner occupieds.

 Quote:
Originally posted by Becca L:
What would you do if you lived in an area that was almost exclusively condomniums, and the few houses in the area are either commercially zoned or over 4 million... How do I farm this area and how would I door knock even if I wanted to.Yes, I am a new re agent in South Beach, a ridiculous seciotn of Miami Beach and the firm I have chosen has absolutely no prescence here.... I just read through the sunday re guide and they did not have 1 listing, not here or in their other office about 30 miles NW of here... Do I quit now? I just signed and havent even been in the office yet....
_________________________
Paul Oaks
Oaks Real Estate Group

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#120577 - 09/12/06 10:40 AM Re: Why are so many real estate sales people unsuccessful?
Becca L Offline
Junior Member

Registered: 09/10/06
Posts: 6
Loc: Miami Beach
Oh Paul... I just jumped on the first place that offered me a good split without researching enough first... I was too impatient... I am painfully new in the business world.. sorry about my other post... I appreciate you taking the time to reply to me

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