Soar With The Eagles Or Fly With The Turkeys | It's Your Decision!!

By
Managing Real Estate Broker with RE/MAX Executive Realty 104763
http://actvra.in/4N2s

The market must be improving because the influx of newly licensed agents seems to be increasing.  There are many new members who write post and ask questions seeking direction and information on how to become successful in real estate.

It’s difficult to be “green,” but whether one is new or seasoned, the key to success can be stated in one simple sentence It’s not what you know but who you know” that leads the way to a successful career in real estate.

Not only was I an example of this happening 38 years ago, but I’ve witnessed many successful agents beginning a career because of knowing the “right people.”  The “right people” could be a builder; or it could be a banker; or an attorney; or a number of other professionals that interact with people who will be future clients. 

How many times have Broker/Owners/Managers shown enthusiasm after interviewing a newly licensed agent with the “right name” or the “right family contacts” that will lift the entire office to a different level?

Very few newly licensed agents have the right contacts, but it’s not difficult to find or search out those people.  That’s what “networking” is all about. It’s certainly a slower method than having the contacts “built in,” but if done properly, networking could result in the opportunity to meet your first “right person” to ignite the fuse that will send you soaring with the eagles.

Posted by

        

Barbara Todaro, sales manager of RE/MAX Executive Realty 

Marketing Agent for The Todaro Team

308 W. Central St...suite E

Franklin, MA 02038

508-520-9881

www.todarosellsfranklinma.com

Exclusive Marketing Agent for The Todaro Team

 

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Re-Blogged 4 times:

Re-Blogged By Re-Blogged At
  1. Patricia Kennedy 01/22/2016 10:00 PM
  2. Tony and Suzanne Marriott, Associate Brokers 01/21/2016 10:10 PM
  3. Praful Thakkar 05/18/2016 02:07 AM
  4. Bob Crane 05/20/2016 04:42 PM
Topic:
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Active Rain Newbies
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Rainer
409,008
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Pro Lifestyle Solutions

Regardless of who or what you know, to succeed, you must have an action plan of achieving your goals with passion and commitment. Great post.

Jan 23, 2016 12:46 AM #50
Ambassador
3,163,117
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Barbara

I learned this lesson especially when I left the Boston area after being in the business for 3 1/2 years and moved to SoCal in 2005 where I had no connections whatsover. Starting over was a challange. I also discovered blogging which, in addition to networking and building relationships, helped the business grow.

Jeff

Jan 23, 2016 12:48 AM #51
Rainmaker
149,645
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

Everybody is not cut out to be a salesperson. Sooner or later, sales ability or lack thereof is going to catch up to you.

Jan 23, 2016 05:14 AM #52
Rainer
357,298
Dörte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton

Dear Barbara,

Very poetic advice.

Jan 23, 2016 08:33 AM #53
Ambassador
1,730,599
Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     "It's not what you know, but who you know".  That is sage and timeless advice - not just for selling real estate, but for defining the person that you are, or will become.  

           Fly with the eagles!

Jan 23, 2016 10:51 AM #54
Rainmaker
410,144
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Barbara, these people are gold mines. If they do nothing else but bring in the clients, everything else can be done for them within the brokerage. The one I have in mind just needs to pass that test!

Jan 23, 2016 01:19 PM #55
Rainmaker
2,325,905
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara I missed this post but thanks to Patricia Kennedy  I am here... as I mentioned to her. Here in Beverly Hills we see it often that a large national brokerage will higher someone just because they have graduated from Beverly Hills High School...for the same reason you mentioned....Endre

Jan 23, 2016 01:41 PM #56
Ambassador
1,339,369
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co. - Frisco, TX
Real Estate Agents

Ahhhh..... You mean, "I love looking at houses" alone doesn't cut it? (LOL!) Good to read her again, Barbara! 

Jan 23, 2016 07:11 PM #57
Rainmaker
3,711,908
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Thanks again, everyone, for your wonderful comments.... and I feel very fortunate to be within this group of like minded people who understand and have experienced some of the "successful themes" that surface in the real estate business..... 

Jan 23, 2016 09:52 PM #58
Ambassador
3,594,597
Patricia Kennedy
Evers & Company Real Estate, Inc. - Washington, DC
For Your Home in the Capital

Hey, Barbara!

I included this post in today's Last Week's Favorites.  Enjoy the rest of your weekend!

Jan 24, 2016 01:03 AM #59
Rainmaker
1,485,868
Lottie Kendall
Today | Sotheby's International Realty - San Carlos, CA
Serving San Mateo County and San Francisco

We often talk about our "value proposition" or what we do that others don't -- be an eagle.

Jan 24, 2016 01:40 AM #60
Rainmaker
1,282,028
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

And sometimes - it's just knowing a LOT of people. When I opened Cliff Realty I already had 9 years of past clients, but the lady who became licensed and was my first agent had operated a successful gas station/ mini store for that 9 years.

We sent an announcement to everyone we knew and had an instant following. 

Jan 24, 2016 02:00 AM #61
Ambassador
1,663,571
Tammie White
Franklin Homes Realty LLC - Franklin, TN
www.FranklinHomesRealty.com or (615) 495-0752

That is the one thing they don't teach you in real estate school. Agents have no idea when they get their license that it's not about "what" you know but "who" you know. However, every once in awhile someone comes along who bucks the trend. They do something that very few do, they make it about "what" you know instead of "who" you know. So it's possible to have a successful real estate career based upon the "what" instead of the "who".

Jan 24, 2016 05:57 AM #62
Rainmaker
463,446
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Great Post Barbara Todaro  and congratualtions on Patricia Kennedy highlighting it as a top blog.. I like eagles too!

homer alaska bay realty

Jan 24, 2016 07:36 AM #63
Rainmaker
2,377,092
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

So true Barbara, if you don't know anyone it is sometimes better for you! You can intentionally select your database!

Jan 24, 2016 10:19 AM #64
Rainmaker
708,339
Troy Erickson
Diverse Solutions Realty www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Barbara - Knowing the right person/people, can certainly help a new agent generate more business and at a faster pace. Having the right connections accelerates the prospecting/lead generation learning curve.

Jan 25, 2016 02:47 AM #65
Rainmaker
37,683
Eren Millam
Realty World Cosser & Associates, Inc. - Chehalis, WA
Certified Negotiation Expert

At first I disagreed with your statement about who you know, but after reading further, I think it makes sense. I started in an area with very few contacts and have built my business from the ground up. I have had to make a lot of connections with clients and community members for my business to grow. After all, this is a people/service industry!

Feb 15, 2016 12:35 PM #66
Rainmaker
1,803,164
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Soar!  Up Up and Away!  Congrats on the well deserved Feature!

May 18, 2016 06:18 AM #67
Ambassador
2,862,621
Bob Crane
Woodland Management Service - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, Networking has always worked well for me, most of our best projects and clients came from someone we knew.

May 20, 2016 04:35 PM #68
Rainmaker
2,533,843
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Barbara. You have done a great job with this. No one should ever undervalue the importance of contacts.

May 20, 2016 09:14 PM #69
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Barbara Todaro

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