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Real Estate News and Advice |
July 10, 2009 |
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Are You A Secret Agent?
by Claudia Wicks
Being stealthy and secretive are great skills -- if you happen to be James Bond. Not so, however, if you're a real estate professional. Yet, far too many people in our business are what I call "Secret Agents." Rather than getting out there and effectively promoting themselves, they're lying in wait for business to come to them, shortchanging or ignoring completely the time-proven business practices that separate the wannabees from the top producers. I'm talking, of course, about business development. Most people, regrettably, enter the real estate business not fully appreciating the critical importance of making business development their top priority. Sure, they enjoy the service side of the business -- listing and selling homes -- but they're not comfortable with the prospecting side and thus pretend for the most part that it doesn't exist. According to the NAR, 84 percent of real estate agents enter the real estate business with no sales background. No sales background or experience in sales means that they probably don't know what it means to be what I call a "visible agent." In order to be successful in real estate, you must build and then maintain a solid pipeline of prospects that over time can yield a steady six-figure income. But this requires letting as many people as possible know that you are anything but a "Secret Agent." Simply put, you've got to make some noise out there. During recent interviews with top agents across the United States (those who closed 150 to 300 transactions per year), I asked them, "What did you do to achieve this level of success?" Most said they simply worked hard. I truly believe that most agents work hard, but that those who separate themselves from the pack work more effectively and efficiently than others. Above and beyond working hard, the most noteworthy remark that every one of these superstars mentioned to me was that they treat real estate as their business; as their livelihood. They turn a laser focus to the task of generating new business; they do not take a haphazard approach to their career. In other words, these folks take their profession and their careers very, very seriously, in part by taking advantage of the wonderful technology that is constantly being designed and enhanced with the success of real estate professionals in mind. Following are just a few painless ways that you can capture, cultivate and convert prospects to become a successful agent:
By doing these things regularly, you will develop a reputation as the real estate expert in your area. You will become their trusted real estate resource by consistently and automatically staying in touch with a large pipeline of prospects. That's the way to close more transactions … and there's nothing "secret" about it. Claudia Wicks is Director of Real Estate Training and Content for HouseValues, Inc. Claudia is a licensed real estate broker in the state of Washington, where she has worked for the last 27 years as an agent, broker/manager and Director of Training for Coldwell Banker and John L. Scott. Learn more about HouseValues at agentsuccessnetwork.com or call toll-free 866-952-5042. Published: August 3, 2005 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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