Top Tips for New Real Estate Agents

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.

adult-arrival-beard-4292481.      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.  adult-architect-blueprint-416405

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.

adult-beautiful-blur-9357563.     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.

adult-beautiful-caucasian-9149314.     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.

architecture-buildings-business-3031595.     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.

adult-agreement-beard-5735656.     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.

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Why use a Real Estate Agent when renting an apartment?

1I only had one day in Philadelphia to find and lease an apartment that I would be living in for the next year. I’d be moving there in two months. The stress of finding the perfect place and submitting an application, all in less than 12 hours, was almost debilitating. I had been searching the usual rental sites but was having immense difficulties conversing with the listed landlords when trying to get more info about the apartment. Actually scheduling showings? Almost impossible.

This is a nightmare that thousands of apartment hunters face every day. Finding, visiting, and submitting an application is extremely time-consuming and stressful when you don’t have a trained professional helping you. Thankfully, one of the dozens of prospective units I emailed that day was listed by a real estate agent. The agent took me under his wing and helped me sign a lease on a rental unit during that limited 12 hour window I was in Philadelphia.

In most cities, it is not commonplace for apartment hunters to enlist the help of a Real Estate Agent when finding a unit to rent, however it is something consumers should absolutely take advantage of. Real Estate agents are experts in the exact field many apartment hunters have little no experience in: real estate. So, why wouldn’t a prospective tenant use this service?

 

As Yahoo Finance explains, “ By enlisting the help of an agent, you get all the benefits available to a homebuyer: professional experience, local knowledge and an understanding of your budgetary constraints.” In addition, the tedious and often difficult legwork of sourcing and scheduling showings is done for you. It allows for apartment hunters to rest easy and rely on the agent to find the perfect property for them.

 

Depending on the city you’re looking to live in, you might not even need to pay for the agents services. In many cities the agent fee will be paid for by the landlord or property management company, in others, this is less prevalent and the agent compensation will be paid by the tenant. Regardless of the compensation structure, the agent’s service when renting an apartment are well worth the small fees.

 

Without connecting with an agent on first trip down to Philadelphia, there is a great chance I would have signed a lease on an apartment I had not seen in person, or spent more money and time scheduling a trip back down.

 

Thankfully, Rental Beast makes it possible to find the perfect agent right from the get go. RentalBeast.com has partnerships with the best and biggest Real Estate Firms in the country, who employ top tier agents in their respective areas.

 

Don’t think twice when renting an apartment, use an agent.