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Oct 23, 2018 · How businesses (and real estate companies) use improvisation skills to reach agreement Stomping and laughter bursts from the second floor. There, the nation’s oldest collegiate improvisation troupe — My Mother's Fleabag, at Boston College — is rehearsing.
Jan 22, 2024 · Having their own unique perspectives can set off a lightbulb moment and get you on the path to organically thinking outside the box. #5. Broaden your professional network. Speaking of networking ...
Aug 9, 2010 · The commercial real estate business takes a continued commitment to improvisation. By Shabnam Mogharabi My last vacation was a short one, albeit one of the best I’ve ever had—five days of camping, hiking, and rock climbing with some friends in Arches National Park near Moab, Utah.
- Showcase Your Market Expertise
- Focus Your Lead Generation Efforts
- Get Involved with A Support Network
- Prioritize Your Client Experience
- Organic Growth & Building A Team
- Create A Supportive Culture
- Building Strategic Partnerships
- Effective Time Management
- Financial Planning: Focus on How to Grow Your Real Estate Business
- Lean Into Coaching
When looking at how to grow your real estate business, people need to know they can trust your expertise. Consider creating a detailed neighborhood guide with information like local amenities, schools in the area, walk score, and local history. Focus on your neighborhood or another that you know exceptionally well. You could even preview some vacan...
The answer is leads if you’re looking for how to grow a real estate business fast. However, if there’s one thing I’ve seen as a coach, agents are especially prone to “shiny penny syndrome.” Every month, this agent tries a new lead generation strategy, jumping from one tool to the next without seeing the process bloom into a sale. Without being comm...
It helps to meet with other entrepreneurs. Getting stuck in a rut can be easy as a real estate agent. You’ll need to make an effort to be involved with others—and not just other agents from your brokerage. Look into mastermind groups in your area. Perhaps join a Chamber of Commerce or local Rotary Club to meet like-minded people. Your aim here is t...
What is special about working with you? What do you provide that other agents don’t? Offering your clients “white glove” service will help you build those lasting relationships—and it’s the key to boosting real estate sales through referrals. Ask yourself: How is my service top-notch? What can I offer that other agents don’t? Take time to reach out...
You don’t need to start with a team regarding how to grow a real estate business. In fact, it’s recommended that you don’t bring on team members until absolutely necessary. In speaking with Eric Pearson from Pearson Smith Realty, he grew from 15 to 700 agents by focusing on one thing: lead generation. In Eric’s first year, he did about 10 transacti...
A supportive culture is a pillar of how to grow your real estate business. When you look into brokerages, the culture should be one of your biggest considerations. Especially in an age of virtual real estate brokerages, there’s a feeling of isolation. A supportive community of like-minded real estate agents can help you brainstorm ideas and solutio...
Referrals don’t just come from clients—they often come from your relationships in the real estate industry. Get to know your preferred lenders, title reps, inspectors, and insurance brokers. These partnerships can help extend your opportunity and your reach. Plus, working with your partners on co-branded client appreciation eventscan create opportu...
Working for yourself is a great boon for many agents—it’s why many of us went into the field. The flexibility and control over your work hours and productivity is freeing, but can also be an anchor. It requires hustle, grit, and determination to keep going in the real estate industry. And even then, you can often lose your motivation as a realtor. ...
Financial planning is much more important for agents than a regular salaried employee. Remember, you’re running your own business. You’ll need to ensure you’re setting aside money for taxes and money to reinvest into your business. Ask yourself: What’s my goal for this year? Once you have your goal, you can work backward to determine how many homes...
If you’ve hit a wall, brainstorming with someone who knows the industry can help you identify what to work on and why. Coaching can unlock your potential to maximize your growth. And when you find the right coach, the return on investment is almost always worth it. It’s a mentor to help guide you through what you don’t see that could be the missing...
May 12, 2014 · You’ve heard it many times: Being a real estate agent is like owning a small business. Isn’t that one of of the reasons you wanted to be one? In order to run a successful, thriving business you must work at improving it and using the basic rules from improvisational acting is proving to be effective. […]
Feb 21, 2024 · Write a real estate business plan. Build a consistent marketing plan. Get a website. Prospect consistently. Nurture leads. Have good time management. 1. Get a CRM. Barry Jenkins is the broker-owner of the #2 Better Homes and Gardens Real Estate Team in the United States.
Developing a successful real estate project requires planning, patience, and a competent team. Throughout this article, we’ve covered the key steps, from selecting the right land to creating a solid sales strategy. Following a structured guide will help you avoid costly mistakes and increase your chances of success.
