Are you just starting out in Real Estate?
Here is a list of items and important things you need to know before you get going.
Whether you are planning to work part time or full time, or whomever you decide to work for, you need to have an arsenal of tools in today's Real Estate World.
There is a book, Your first year in Real Estate, making the transistion... that you should all read.
Another good starter book is "21 things I wish my broker had told me"
And of course, the highly rated Millionaire Real Estate Agent. (Whether or not you work for Keller Williams, this is still a great read. "It's not about the money, it's about being the best that you can be!"
As you get going, I would also suggest the E-Myth and all the subsequent E-Myth Books.
As mentioned below by Stacie Colclasure, Jennifer Alans Selling with Soul, an excellent book!
Finally, any of these books or CD's on the Art of Negotiating. I still keep mine in my car to listen to and remind myself.
The above books will get you started on your road to knowledge in Real Estate. There are zillions of other books, but so as not to get information overload, just stick with a few.
Next, you will need most of the following:
- Laptop (preferably with wireless capabilities)
- Good cell phone (preferably with internet access)
- Signs for listings and riders (with your cell phone number)
- Be a member of all Real Estate Associations in your area
- An office (or comfortable place where you can easily manage your business)
- Good printer, scanner, fax and copy machine
- Folders (for buyers, for sellers)
- A good planning system. You can start with what works for you. (as you get rolling you may want to look into different software that you can use) Meanwhile, you are on a shoestring.
- Business Cards (These are a must. I recommend Prints Made Easy, they are reasonable, fast and you can design your own if you like. You can also save your artwork for when you want postcards and letterhead, etc.
- Calculator (and no need for a Real Estate Calculator, see Karen Rice's comment)
- Filing cabinets
- Password software
- Blogging platform (we will discuss this in a later post)
- SOI (Sphere of influence) Neatly typed somewhere...Outlook, Excel Database, anywhere you can easily access it to contact all your friends, family, clients, doctors, lawyers, paper person, landscaper, any one who you come in contact with.
- Digital camera, flashlight and hammer (see Monika McGuillicuddy's comment)
- 50-foot tape measure (see Margaret Woda's comment) (although may be non essential)
- Mace or pepper spray (see Donna Yates comment) Very essential!!!!
- Lastly, but most importantly. You will need a minimum of six months income set aside if you are starting Full Time. (This will also be discussed in a future blog)
These are the basic startup essentials. Feel free to leave ideas and I will incorporate them into this post or a future post.
All content in this post is the property of Karen Hurst of Stonehurst Realty and will be incorporated in the Real Estate Rookie Book, The New Real Estate Agent.
Opinions are of Karen Hurst, Broker/Owner of Stonehurst Realty only. For a free consultation, visit me at Stonehurstrealty.com and find out if this is your time to buy or sell!
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