What is your target segment of the local real estate market? The entire market or a niche?
Do
you specialize in catering to investors, first timers and retiring/relocating buyers and sellers? Do you shudder at the thought of only selling homes and reach out into land development, waterfront, rural farm and woodland? Are you after the recreational market buyer, or condos or timeshares? Do you like to structure 1031 exchanges or list and sell mom and pop groceries or commercial property? The inventory is out there for you to list, market, sell. Maybe your background makes you a shoe in for market certain types of real estate because you dabble in hobby farming and horses. Or you owned business property before and know the ins and out like the back of your hand. Your previous "life" before real estate full time prepared you for peddling property..the kind you enjoy, you have first hand experience with. Others who run restaurants and like selling them because of their experience.
I know local folks who raise red deer, or run sporting camps for hunters, fishermen, snowsledders. And others like to swing a hammer and were carpenters. Restoration of Victorians, a rehab of a six unit lack luster rental property...as a real estate practioner
there is way way more than just selling homes to consider. The audience and the type of property make options plentiful. What type or types of property do you enjoy and profit from selling and why?
Maine REALTOR Andrew Mooers - Selling Small Town Rural Maine Homes, Waterfront, Farms Business Property
Niche marketing is one of the most important tools in real estate yet very few agents do it well and stick to a true niche. Good informative blog.