In order to implement the right solutions we have to identify the real problems facing agents and Brokers in today’s real estate market. Here's one of the many challenges agents and Brokers have to overcome today:
Today’s real estate agent has ever increasing expenses while commissions remain the same, or less.
Real estate agents spend a lot of time in their cars. Worse, real estate agents spend a lot of money on gas. Have gas prices gone down in your local area? Not mine! In addition to gas there are many other real estate expenses increasing or at least I predict will be increasing sooner than later.
The first increase I expected to see is with professional fees at local and national real estate boards. Unfortunately I noticed this fee increase this past quarter on my local board and MLS dues. The increase in fees might be due to a reduction of members, thereby forcing boards to transfer the burden of cost to the remaining members.
The second is real estate brokerage fees. In the recent years it’s become commonplace that most brokerages charge a transaction fee, administrative fee, or marketing fee, all really being a fee to the brokerage to help sustain the brokerage overhead. This fee had most likely been transferred to your buyer or seller to pay at closing. As buyers and sellers assess competition amongst most real estate agents and brokers, fees will either have to be cut out or transferred back to the agent. Either way, there are still overhead costs to be paid.
How you can overcome this...
You need a niche that automatically sets you apart from the crowded real estate room and information overloaded internet that will instantly identify your value and show your prospective client you have the knowledge to help them solve their problem, get their needs met, all while none of the same is apparent with the other agents in the crowded room.
By having this niche, your services will be sought after in today’s real estate market!
Want to learn how the Investor Niche can give you the advantage you need in today's real estate market?Download my (FREE) eBook
My investor niche ebook introduces you to everything you need to know to become specialized in working with investor clients. In it you’ll learn how to set your self apart in a crowded room of agents, minimize your workload and maximize your earning potential.
Hi. I’m JJ. I’m a real estate Broker and agent who specializes in serving the investor niche, I’ve found great rewards in helping real estate investors with every part of the investing process.
I want to do everything I can to help you experience the benefits of working with investor clients, so I’ve taken everything I’ve learned over the course of my career and turned it into a detailed library of digital resources for you to explore.
More resources for real estate agents will be available soon. In the meantime, please download the ebook above to get a jumpstart on your Uncommon Real Estate education.
If you have any questions, feel free to contact me at any time.