I've been a licensed realtor for the past 3 years and I've done ok in it while working a full time job that pays very well. I want (and need) to replace my current salary with full time real estate work, as my employer is downsizing within the next few months. Any ideas for a quick jumpstart in real estate that will pay me consistently?
2006-09-13 09:53:42 · 11 answers · asked by Chan 1 in Business & Finance ➔ Renting & Real Estate
I have been a Realtor for 15 years.
The best way and the only way that has worked for me is consistant farming.
Read Gary kellers book "millionaire real estate agent", there is a lot of hype but the 1st few chapters are great.
Farm-farm-farm
www.hqhomes.com
2006-09-13 17:41:30 · answer #1 · answered by Tony 3 · 0⤊ 0⤋
I would definitely start by getting a website and getting your name out there.
The NAR put out a study in 2005 saying that the use of the Internet to search for a home has risen from 2% in 1995 to 77% in 2005 and agents with websites has increased 129% over the past 5 years. It also said that In terms of lead generation, only referrals and repeat clients rank above the Internet as the most effective methods of gaining new business.
Unfortunately the real estate industry is a little bit behind in marketing themselves online, so having a website that displays the MLS data with an integrated IDX feed is probably your best bet to beat the competition. Especially since most of the real estate being sold is being done so by the newly established realtors who have mastered online marketing.
Some good website design companies are http://www.bayshoresolutions.com or http://www.13avenue.com
But the real kicker is being able to display MLS listings on your site and integrate search tools using an IDX feed. IDX Broker is definitely a superior product: http://www.idxbroker.com
Good luck!
2006-09-13 11:51:33 · answer #2 · answered by Anonymous · 0⤊ 0⤋
List List List! + Sell Sell Sell! = $$$ $$$ $$$!
I've got a friend who's a realtor. This guy is a selling fool. He spends 1 hour every day cold-calling out of the phone book and averages 2 listings A DAY from the cold calls! He'll probably clear $1,000,000 this year.
2006-09-13 10:13:34 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Network, Network, Network! You have let the whole world know what you do. Get in touch with all of your family, friends, and acquaintances. Let them know that you're doing real estate full time now. Tell them if they or somebody they know is interested in buying or selling a house, to contact you. Get in touch with past buyers and sellers you've worked. Sell yourself and your work ethic. Be positive and upbeat. Also you could try getting in touch with builders and investors of new subdivisions and try to be the listing/onsite agent. Good Luck!
2006-09-13 10:13:43 · answer #4 · answered by merriam_webster04 1 · 0⤊ 0⤋
Spend half of what you make from real estate while you have a job marketing yourself to get new listings and open house them to death to get more clients, especially buyers.
The only way to get more business is marketing. I prefer direct mail and I advertise my strong marketing message. I'm trying to get my website going but direct mail has gotten me the best returns. The only other effective way that I know of is the way most brokers start out making money. Networking, starting with friends and family and widening out from there.
2006-09-16 20:00:52 · answer #5 · answered by Spencer B 2 · 0⤊ 0⤋
Ehm..
I recommend this method http://www.goobypls.com/r/rd.asp?gid=558. It's a good resource that teaches you how to make money online with internet marketing. It's very easy to use and you start earning the first dollars the very first day.
2014-08-31 09:37:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Hi Chan
I would advise you to diversify to overseas markets. Overseas property is a massive industry in the UK and Europe and it is only a matter of time before people in US realize that there are extremely profitable properties in the emerging markets of Europe. Have a look at my company's website and if you are interested, we can discuss a partnership.
Thanks
Michael
http://www.therightmoveabroad.com/
2006-09-13 10:33:55 · answer #7 · answered by Michael J 1 · 0⤊ 1⤋
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 11:50:37 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Use you knowledge to purchase rentals, when and if the bubble falls out, people still need a place to live and if they are not buying they are renting!
2006-09-13 09:57:13 · answer #9 · answered by Mark F 1 · 0⤊ 0⤋
Sell lots of houses!
2006-09-13 10:01:09 · answer #10 · answered by Elkie 2 · 0⤊ 0⤋