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So You Want To Be A Listing Agent

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

So You Want To Be A Listing Agent

 

One of the reasons for writing my book Real Estate The Rome Way was to help more agents do what I love to do...be successful as a listing agent.

 Dick's challenge this month asks us to establish a relationship with someone and actually do something. I have been a member of the Sensei/Grasshopper group and when I received a call from Andrea Bedard about a listing she was competing with, we started what I hope will be a long relationship. The friendship was already established from our

 Maryland MeetUps. 

 

Andrea and the Realtor® Princess 

Andrea and the Realtor princess

 

While giving suggestions and finding out that my advice was helping, I suggested we continue this for the contest.

 

 Andrea's enthusiasm for real estate and her zest for life with her two marvelous girls, make her a pleasure to share my years of experience. Andrea was already a successful buyer's agent but wanted more control of her time.

After all...listings are the name of the game.

My one requirement was to let me know how things were going.

I wanted to know what the sellers had to say.

What was keeping them from signing?

Were they interviewing other agents?

 I loved when she asked

" What would You do?"

I loved her questions and I loved that she was taking notes. We discussed her past listing appointments and a few upcoming ones. We spoke every week for the past month and did a fair amount of texting.

 Giving real time advice was important, even suggesting that she excuse herself in a listing appointment and make a call to me for suggestions on the spot. 

Taking a listing is mainly about overcoming objections.

Find out what the seller wants and needs. Are you the right person?

Make sure you really want the listing as opposed to "needing it." 

 Screen potential sellers.

Make sure they want to sell.

Make sure they can afford to sell.

 Make sure they want to work with you.

Make sure they are honest.

Make sure you like and respect them.

How are you keeping your pipeline full?

How are you advertising and promoting yourself so sellers can find you?

Know that it is alright to do things a bit differently.

Have the confidence to walk away from a listing.

Make your own standards and stick with them.

Do what is comfortable.

Always be positive.

Leave your personal life just that...personal.

 

Working with Andrea is a total pleasure.

Watching her enthusiasm and how she embraces a new idea is a joy. 

What I am looking for most are the calls from Andrea sharing her success of obtaining listing that she really wants and letting me know when she is strong enough to walk away.

 

 

 I really want to hear...

"I got that listing!"

 

So You Want To Be A Listing Agent 

 

 Margaret Rome

 

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

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Author: Real Estate The Rome Way

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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sharon,  Time to market for new listings and consider using a reverse contingency for your sellers. 

May 01, 2014 02:04 PM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Margaret, that is a terrific idea! I have not seen that done in Dallas.  You may be responsible for many more Dallas listings!  Thank you!

May 01, 2014 02:14 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sharon,

It does not work for everyone but it is a handy tool to be aware of.

May 01, 2014 02:32 PM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Margaret, this will make a good discussion at my office.  I may find someone who has done this.

May 01, 2014 02:41 PM
Jon Quist
REALTY EXECUTIVES ARIZONA TERRITORY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

"Listing is what keeps us in business". I have heard this statement ever since I started in real estate. After 18 years in this business I still hear it. And yet I have NEVER taken a listing, not even from a relative. I chose to never have a direct conflict of interest, and chose to ALWAYS represent onlythe side of the buyer. So I guess after 18 years I just keep doing it wrong!

May 01, 2014 04:30 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sharon, Great idea to use this as a office meeting. Let me know if I can help.

Jon, The great thing about RE is we can do it the way that is right for each one of us. Glad you have found success as a buyer's agent. I love buyer's agents.

May 02, 2014 12:45 AM
Carol Lynn Johnson
Re/Max Elite Realty - Franklin, NC
Residential Specialist

I love the advise........make sure you want the listing and don't need it.......so true.  I just heard an agent this morning ask me what I would do if a seller wanted him to list his home for 4.5% commission!  So, that tells me that the seller absolutely doesn't not value the expertise that agent was offering to him.  DON'T take the listing if you have to devalue what you have to offer!  Word will get out, the precedent will have been set........

 

May 02, 2014 01:49 AM
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Thanks for the helpful advice and suggestions.  This is a great checklist for both the seller and the listing agent to seriously consider.  Great post!

May 02, 2014 02:10 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Good post.  Being a Listing Agent is a challenge, but it also has it rewards.

May 02, 2014 02:32 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Carol, Make sure you want the listing. Stay true to the standards you set.

Diana, Just left you a message.

Gene, I love the challenge of being a listing agent.

May 02, 2014 02:56 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Your relationship with Andrea is such a gift....a priceless opportunity that most professionals never have!

May 02, 2014 08:41 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sharon, It is such a pleasure when we share and learn from each other.

May 02, 2014 09:17 AM
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

I take my hat off to listing agents. That has to be the most challenging aspect of RE.

May 03, 2014 01:24 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

John, Looking closely at your photo...your hat is still on.

May 03, 2014 01:50 AM
Suzie DeYoung
Fridrich & Clark Realty, LLC - Brentwood, TN

What a blessing to have a mentor from which to learn!

May 03, 2014 12:40 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Suzie, I do think we should all have mentors and also be mentees.

May 03, 2014 01:50 PM
Joy Jones
Bluecoast Realty, Real Estate, your Regional Broker - Jacksonville, NC
find joy in home ownership

I  had  a chance to met Andrea (by phone and email) a few years ago.  She is wonderful.  I had a customer heading her way,  but we could not get his home sold here.  We went into the bad market, when many of you were starting to improve.

I genuinely liked her, and thought how professional she was.

And  I like to learn from others, so I will be checking out your book.  That is why I belong to Active Rain,  I learn so much.

May 04, 2014 01:43 AM
Stephanie Joines
BHHS Florida Properties Group - Clearwater, FL
Professional Commitment, Personal Solutions

So, how ARE you keeping your pipeline full???

May 04, 2014 10:33 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Margaret - It's great that you are willing to share your experience with someone who is eager to build their real estate business. What I find most difficult is not getting the listing, but getting the listing appointment. It's not easy to find sellers.

May 06, 2014 04:20 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Joy, Andrea is a lovely person as well as a knowlegable and professional Realtor®. Her clients are fortunate to have her.

Stephanie, Just lucky... with lots of work, networking, blogging, staying in touch and doing the right thing one client at a time.

Troy, Always be prepared NOT to take the listing. It is their loss if they choose someone else! Attitude helps.

May 06, 2014 04:48 AM