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I'm glad I did not hire me when I first started

By
Real Estate Agent with DeLex Realty

They do not teach you about marketing in real estate school.

No one ever mentioned how important marketing was in real estate school. Homes that are well marketed tend to sell for more money and in less time, but no one mentioned that. I learned about joint tenancy but not about how to properly list my clients homes.

My first broker was no help.

My first broker provided no insight either. He showed me how to fill out the MLS data and after that I was on my own. This made me mad at first as a young agent as I believed that a broker had a real duty to the client and should help me learn to be better at my job.

I set a post, a sign and then I prayed to God to sell my listing.

Seriously, there was not much more I could do, at least I thought. I did not know what to do, I made some flyers (they were really bad) and I honestly did my best but I had no idea how to market. I ran no adds, I hosted a few, unadvertised open houses and that was it. The rest was up to God and the MLS.

Thankfully, God took pity on me.

My listing did sell and I looked good to the client. Lucky for me the market was getting hot and I had the listing at the right time.

Since then, obviously I see the value in marketing.

Today, I spend a lot of money on marketing my listings, on average around $1,500 per listing. I use the marketing as a tool to obtain new buyers, listings and obviously to help attract buyers to the property. I have professional video created, aerial photos, websites, print adds, color flyers, professionally created for each listing. Sometimes I think (and have had a client actually say) I get a little carried away with my advertising.

I do it so I will never regret the way I represented a client.

Today I spend the money to ensure I can never look back again and wish I did a better job. I take pride in every listing and every buyer and am glad that I eventually figured out the importance of doing all you can, which is a lot more than a sign and a prayer.

Posted by

James (Jim) Lord

jim@jimlordregroup.com

www.jimlordregroup.com

480-648-3378

Comments (3)

Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Well, you knew the most important thing - how to post it on MLS (LOL). But it was sold, so kudos to you.

I sometimes think that if there were no rookies, how would we get the doctors to learn? Or the attorneys? Or us, the agents...

Mar 22, 2017 10:22 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Starting out as a real estate agent is tough, and it is definitely helpful to have "real" training. I'm glad you sold that first house! It gave you more confidence for everything that followed.

Mar 23, 2017 03:38 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Promotion is important provided it is within reason of the value of the home

Mar 23, 2017 05:46 AM