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Simple Advice for New Agents

By
Real Estate Broker/Owner with Cornerstone Business Group Inc 0225086119

It has been noted on this forum numerous times that real estate is an easy profession to get into, and in many ways that is true.  It's expensive, but if you can sit through the pre-salesperson classes and pass the tests leading to state license testing and finally state testing and licensure, it's pretty easy.  But, then what?  What should be your licensure 201 courses?  Let me offer a few suggestions for new licensees entering the business.

  • Read good books about your craft.  Before you go on a book buying spree, ask around.  There are a lot of books out there that really don't add much to your new knowledge.  Scan the real estate section of Amazon.com.  It provides reviews of books by previous buyers.  Pay attention to their comments because they can save you a lot of money.
  • Avoid certifications, initially.  At some point in your long walk as a Realtor you will likely want to get certified in some area of your profession, but until you have a little experience and become more familiar with the language of your new job, you will likely be spending money that could better go to pay the light bill.  A lot of certifications are just fluff.  Take your time and learn which ones really add to your roll as a professional.  And remember, home buyers really don't care how many you have.  They don't know what the acronyms mean, and they are unlikely to ask you.  So, when the time comes, get certifications that strengthen your craft.  Don't waste your time getting certifications that will not impress buyers and sellers.  Get the ones that will make you a better Realtor.
  • Get a good looking business card made.  Places like VistaPrint.com can give you a great card at a bargain price.  They can also assist you with other printing needs, but business cards are a must.  Start there and hold off on other printing expenses.
  • Start surfing other Realtor websites.  Don't buy one yet, but surf.  There are a lot of things to look for in a website, but all that glitters is not gold.  Learn the language of online web-marketing and web-presence creating. Take your time to find the right fit for your personality and your budget.  Here again, ask around.  What kind of response are some of the more successful agents in your area getting from their sites?  Ask them.  Don't be afraid to call an agent in another state who has a site you like.  Talk to your Active Rain contacts.  Many agents are pretty willing to share their success (to a point).
  • Don't assume everyone in your new profession is nice or nasty.  Just like any profession you will find all types.  Don't let a few bad early encounters sour you on the profession.  In like manner, don't assume a few great encounters in the early days is the way it always is.  Real estate is no different than any other job.  It is what you make it, good and bad.
  • Link to a visionary brokerage.  You'll want to make sure you hang your license with a brokerage that can help you learn the mechanics of real estate.  You'll also want to be in an office where the broker will oversee your work as you get more comfortable with all of the forms and techniques of real estate.  You will also want a broker who will challenge you to exceed your goals.  You can accomplish more than you realize, and you may need a good broker who can see a greater potential in you than you see in yourself.  It really doesn't matter if it's a big name brokerage, or a boutique office.  Good leadership can make all the difference. 

I've seen a lot of young Realtors dropped behind a desk with no idea what to do next.  It would great to link up with a great agent who is a willing mentor.  It takes time to become proficient in this field, but a steady input of good information can help a new agent overcome some of the bigger hurdles faster. 

Comments(6)

James Dray
Fathom Realty - Bentonville, AR

Morning Mike.

I can remember the first time I heard the word fissbo, FSBO.  I had no clue on what that meant.  Learn the language is a must.

Jan 16, 2018 04:04 AM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Great piece of advice!!!

At some point in your long walk as a Realtor you will likely want to get certified in some area of your profession, but until you have a little experience and become more familiar with the language of your new job

Jan 16, 2018 04:15 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Mike. I agree with your thinking particularly as it relates to certifications.

Jan 16, 2018 06:22 AM
Mike McCann Nebraska Land Broker
Mike McCann - Broker, Mach1 Realty Farm & Commercial Land Broker-Auctioneer Serving Nebraska - Kearney, NE
Farm & Commercial Property For Sale 308-627-3700

Hi Mike Cooper Thanks for the wise advice.  Many great points including the certifications. I (used to) have the ABR, GRI, CRS designations when I was a member of NAR.  Of course I lost all of that when I left NAR and became independent. They did not ever generate me any business anyway..even though I advertised them.

I am sharing your blog with my new agent, Lindsey Haden who just received her active Nebraska real estate license a few weeks ago and also has just joined AR.

If you have spare time, please send Lindsey a message of encouragement...I believe she is one of the future leaders of the industry in central Nebraska...but she has to get through the early days...and months...and years!! And it she wants to chase designations...well she will have to go to work for a different Broker...it has been 10 years now since I was in NAR and I make an incredible income without it!!

Have a great day!

Jan 16, 2018 08:20 AM
Mike Cooper, Broker VA,WV

Mike, I tried to make sure the alphabet soup I collected directly helped me be a better agent. I already knew buyers and sellers had no idea what all of those letters meant, and quite frankly, they didn't care either. 

Jan 16, 2018 09:50 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Good advice for new agenets, Mike!  I was fortunate to have several knowledgeable and experienced agents take me under their wing when I was new.  I wouldn't have survived without them.

Jan 16, 2018 09:54 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

There's some great advice here, Mike, as you always share. Seems like many of us suggest a mentor along with other advice to follow as a new agent.

Jeff

Jan 16, 2018 08:16 PM