For many Realtors®, passing the licensing exam is the first big hurdle to getting into real estate. But just as important as the test is making a habit of key practices to ensure success and to build a growing business. No matter your level of experience in real estate, these tips can help you strengthen relationships and make your business flourish.

How to Become an Outstanding Realtor

1. Have a Financial Backup Plan

Starting off as a Realtor requires patience and persistence, and you should be prepared to go for as much as six months without a commission. While you may encounter someone who was lucky enough to pick up several successful deals as soon as they opened their doors, this is the exception rather than the rule.

Try to have enough saved for six months of living and business expenses. You could also consider beginning as a part-time real estate agent to ensure some financial security while you gain contacts and experience.

2. Establish a Network

At every stage of your career, having productive business relationships with people in a wide array of fields related to yours will help you save time and energy while delivering outstanding results to clients.

People to consider networking with include bankers, investors, appraisers, loan specialists, mortgage brokers, and other financial professionals who deal with homeownership. Also important are vendors and contractors, such as electricians, plumbers, or interior designers.

Having a working relationship with these professionals will allow you to quickly overcome unforeseen obstacles, and the word of mouth and reputation you gain through partnerships can lead to further opportunities.

3. Build an Online Presence

You may know a veteran Realtor who has built a thriving business based on relationships and referrals alone, but those just starting out should take advantage of the internet to establish a foothold. You may want to hire a professional marketer to create and manage an attractive website as well as social media accounts.

An effective way to maintain awareness of your services and reach potential clients is through an automated email list. This will help past and potential clients alike remember you when they’re in need of a Realtor’s services through minimal effort and steady consistency.

 

If you’re ready to take the next step to build a rewarding career as a Realtor, contact EXIT Realty Nexus in Coon Rapids, MN. With proven successes in Minneapolis real estate, these professionals offer extensive training and support to both beginners and veteran agents. To speak with a team member about how they can help, call (763) 548-1400 or visit them online to learn more.