Advice to Realtors

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Real Estate Broker/Owner with Frank Rubi Real Estate, LLC La Broker 09995688826

Advice to Realtors

If you were brand new to the real estate business what advice would give to the new person? If your are new tell me the kind of advise you have been given and if it helped you in business. I met with two recently, license realtors. They were excited and willing to do whatever it would take to bring in Business. First of all, I told them to go out and get 1000 business cards. I like agents who give out their cards to everyone. Secondly, to email everyone they know whether they were in the market for real estate or not. In the email include to include forward to everyone they know. Finally, we talked about setting up a presents on Active Rain.

What are your thoughts?

 

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Rainmaker
1,243,871
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate
Anything that involves contact with people and talking about real estate. Sphere of Influence networking is a must.
Aug 30, 2007 02:10 AM #1
Rainer
27,723
Scott & Tinsley Myrick
RE/MAX of Orange Beach - Gulf Shores, AL
Gulf Coast Real Estate Professionals
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Tinsley, just thinking about you. We are heading down tomorrow evening.

 Joe, I agree.  

Aug 30, 2007 02:19 AM #3
Rainmaker
281,779
Mike Mitchell
Real Living Kee Realty - Saint Clair Shores, MI
REALTOR (R)

Sphere of Influence!

Aug 30, 2007 02:30 AM #4
Anonymous
Dee Dawson, REALTOR, Northern Virginia

I'm in year number 5 of my RE career and I had a tough few years.

I would recommend they ask top producing Agents in their office if there are tasks-for-cash they can accomplish for them. Contract-to-closing items, CMAs, photos, open houses, listing or buying packages, showing feedback...anything which can help to supplement their income while providing more experience. If a new Agent in my office asked me right now I would have boatloads of stuff. Wish someone had told me this...

Aug 30, 2007 02:32 AM #5
Rainer
15,526
Marc Vitorillo
Florida Team Realty - Tampa, FL
I would tell new real estate agents to not re-invent the wheel.  Learn as much you can.  Interview several top producers (from different companies) and ask them nicely if they can have 5 minutes of their time.  Ask questions.  Get answers.
Aug 30, 2007 02:33 AM #6
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
I think more needs to go into it before the business cards.  #1 is business plan which includes image that goes to business card.  #2 is database management.  #3 is systems & training which doesn't include fake it till you make it!
Aug 30, 2007 02:52 AM #7
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
Renee I agree a business plan is part of the big picture.
Aug 30, 2007 04:17 AM #8
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
Phylena, Last I saw my brokerage was in the top five in greater new orleans area. We mainly sell and list multi family properties. All agents in our office share their knowledge and skill. This is one thing we do with all our new agents. great idea.
Aug 30, 2007 04:19 AM #9
Rainer
54,749
Chad Baird
Re/Max Spirit - Dayton, OH

1.  Don't spend money on lead generation!  Watch the budget, as it may be a while before you see a check. 

2.  Meet as many people in the industry as you can.  Title Co and Lenders are always willing to meet with new agents (most will take you out for a free lunch!).  Ask them questions that you may feel are dumb.  These professionals have nothing to gain if you are not successful.  Their resources are invaluable and free.  Even though I am a little seasoned, I still call them up to ask "dumb" questions. 

3.  Worry about how your office looks later.  Instead of setting up the perfect office to work in, get out and find business.  Arrange your office while you are waitiong for the checks to in. 

Aug 30, 2007 04:32 AM #10
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
Chad, I like your idea about meeting the title company and lender. Thanks
Aug 30, 2007 06:29 AM #11
Rainmaker
56,569
Patrick Canavan
Keller Williams Realty - Yorba Linda, CA
Orange County Real Estate Voice

Hi Frank,

When I first started I introduced myself to every agent in our office, about 100 people.  I later talked talked with many of them for guidance.  Many of them told me to get out door knocking everyday which I did.  My first few transactions came from this.

Aug 30, 2007 03:35 PM #12
Rainmaker
388,669
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana
I try to talk to two or three new ones a day.  Shake the can and one will fall out eventually hey Frank.
Sep 11, 2007 10:02 AM #13
Rainer
10,723
Ian Butler
John R Wood Realtors - Naples, FL
PA, ABR - Naples, Florida

Everyone must know "who you are, what you do and how to get in contact with you". People People People.  Everyone needs a constant reminder.  There are so many agents in my market its easy to forget someone.

Sep 11, 2007 10:54 AM #14
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