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#378209 - 06/06/11 12:40 PM
Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
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Member
Registered: 05/24/11
Posts: 98
Loc: Washington, DC - Virginia - Ma...
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The thread is in the title, I'm about 8 months into my real estate career. I've read several books and tried many different things from rentals, to knocking on doors, and running around with bad buyers, etc.. It's FINALLY starting to click and I feel like I'll be doing 1-2 transactions a month consistently very soon. But that's not enough!! I Want to be a top producer.. so if you are a seasoned pro and can tell me and others who would like to be top producers 1 peice of advice you wish you had received sooner, or the best peice of advise you know of, let's have it. Additionally, you can leave multiple thoughts if you would be so kind.
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#378398 - 06/07/11 08:31 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Kjmendy]
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Member
Registered: 09/30/09
Posts: 262
Loc: canada
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I wish I had training early on, specifically lead generation. I had to wait almost a year for a training program which I really think set me back a lot.
Training is so critical early on.
Marty
_________________________
Marty Green Broker/Manager/Real Estate Trainer www.realestatecareermentor.comMarty's Real Estate Internet Radio Show on iTunes Real Estate Training for the Aspiring Agent and the Top Producer
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#378424 - 06/08/11 07:36 AM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: MartyGreen]
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Member
Registered: 05/24/11
Posts: 98
Loc: Washington, DC - Virginia - Ma...
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Thanks for the replies, very helpful and happy to know I am doing pretty much all of them except for blogging at this point I'm already fairly busy. I'd prefer to spend my time reading at this point, I'll start writing later :)
As far as follow-up on internet leads, does anyone have a plan they can recommend? What I mean is, I get a lead for house xyz for $250,000 off Zillow. I email, no reply.. I call, no answer. It is hard for me to remember to keep emailing and calling these people .. but I have tried my best and recently I dug up a 3 month old lead and was out showing them homes and writing an offer a couple weeks later..so I guess just dig through the trash every once in a while is all you can do? I wish I had a better, more automated system for follow-up. I've started putting everybody (sans 'is this house available for rent-to-own' inquiries which I seem to be a magnet for) on auto-searches even if I cannot get ahold of them personally. I've had one of these shake out to a contract as well.
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#378631 - 06/09/11 11:47 AM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 08/15/07
Posts: 134
Loc: Bethesda, MD
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What are you using for contact management?
You should have a contact management solution that reminds you to follow up on those people. If you don't get a response the first 3 times or so though, I'd just delete them and move on.
_________________________
Thanks for reading!
-Steve
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#379006 - 06/10/11 10:58 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: SWRSDC]
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Veteran Member
Registered: 06/14/06
Posts: 607
Loc: Atlanta GA
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Don't try to work with everyone. Make sure buyers are qualified, motivated and realistic about value. Don't be afraid to ask tough personal questions.
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#380033 - 06/18/11 08:59 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 05/15/11
Posts: 44
Loc: Louisville, Colorado
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Develop a high level of expertise in a niche market. Lots of niche options available based on your local market and geography. Then start doing youtube videos promoting your expertise in this market segment. This is a relationship business, people will choose to work with you based on what you know and how you present yourself.
The leads you get from this effort will be 100 times better than what you get from Zillow, etc.
I chose to focus on helping Relocation Buyers early on and it made a huge difference for me.
Good luck!
Thanks--Mario
_________________________
Realtor with RE/MAX Alliance in Louisville, Colorado Author of "The Honest Real Estate Agent: A Training Guide For a Successful First Year and Beyond as a Real Estate Agent" http://www.sellinginsite.com/ My Video Blog for new Realtors
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#380037 - 06/18/11 09:16 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 08/22/07
Posts: 49
Loc: Arkansas
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Work to live, don't live to work. Once it takes off, you can let it take over your life if you're not careful.
Edited by NWABroker (06/18/11 09:21 PM)
_________________________
Gary Gay, Executive Broker Crye-Leike Bentonville Bentonville, AR 72712 Office: 479-273-1778 garygay.crye-leike.com
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#380647 - 06/24/11 08:16 AM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Junior Member
Registered: 06/23/11
Posts: 1
Loc: Beautiful British Columbia
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Realtor DC: Database management is a MUST! ;)
I use a product called "ACT!" and the manufacturer is a company by the name of Sage. I paid too much for my copy ($1000), but an agent friend of mine bought a previous version on Ebay for $30. You don't need the latest and greatest version - an older version will work just fine. There is a definite learning curve, but it will allow you to track everything you do with a prospect, and when the prospect becomes a past client you will have a system to continue staying in touch with them to generate the repeat and referral business.
If you do follow through with purchasing ACT!, you can get tons of free training videos over at YouTube as well.
If you ask the veterans here, I am sure they will affirm that database marketing is crucial to your success.
Cheers, Jeremy
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#380754 - 06/24/11 10:28 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 10/22/09
Posts: 119
Loc: Tempe, AZ
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Read. Millionaire real estate agent, champion real estate agent, e-myth, seven habits of highly effective people, and how to win friends and influence people should be the basis for how to start your business.
_________________________
I am a Tempe Real Estate agent specializing in foreclosures and short sales. I also focus on Chandler Real Estate. To search for your next Phoenix home, check out Phoenix MLS to view all homes available in the MLS. We are hiring. Keep 50% on all leads we refer you.
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#381902 - 07/05/11 12:45 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Alabama Homes]
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Junior Member
Registered: 07/05/11
Posts: 2
Loc: Southern California
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[quote=Alabama Homes]The best thing is get yourself out there, register on all the sites like zillow and trulia, Answer all the questions you can but make them good answers. Give your card out to everyone you meet And the best advice is when your phone rings answer it [/quote] Speaking of answering the phone. My girl friend and I have been looking at homes on sites like trulia, estate, etc. When we seen a house we liked. We would call the agent and leave him/her a message that we were intrested in a property. It seems like 90% of them would never call us back. I have experiance in sales and this is the reason im going to get my license. I know from experiance how important it is to answer the phone or at least call back asap
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#382090 - 07/06/11 12:46 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 06/17/10
Posts: 132
Loc: Fullerton
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What I would recommend is to hit all the avenues. Online is great, mail marketing is still the best for listings, and if you door knock in the same area as your mail marketing it makes it that much stronger. You need a healthy marketing plan of multiple avenues and consistency.
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#382312 - 07/08/11 01:34 PM
Re: Top Producers: Give the Newbies 1 Piece of Advise you Wish You Had Sooner
[Re: Realtor DC]
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Member
Registered: 04/11/11
Posts: 40
Loc: Edmond, OK
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Thanks to all of the top producers for the advice!
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This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
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Registered: 05/04/12
Posts: 34
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