10 Steps Becoming ASuccessful RealEstate Agent

1)Get a Good EducationKnowledge is power, and the more knowledge you have about real estate, the more clients you’ll obtain. More clients, more listings, and yep – more money. You can view our list of top real estate schools.

USC’s Price School of Public policy offers a Master of Real Estate Development degree as well as a certificate in real estate development.

2) Get

LicensedOnce you’ve earned your degree, it’s time to get your real estate license. Candidates must be 18 years old Pass an exam. Complete a number of hours of real estate

courses

3) Develop a Real Estate Agent BudgetBy Michael Dinkel . Real estate is a commission-based business so you’ll need to squirrel away enough money to get started. Start-up costs may include: Licensing fees and courses Board of REALTORS® membership dues

Business expenses (phone, computer, office supplies, personal marketing, etc.)

4) Choose the Right Real Estate OfficeNow that you have your license and other necessary credentials, it’s time to choose the right real estate firm to make your home. Find the answers to the questions below to help in your job search: Does the firm cover your listing

advertisements? Do you notice a lot of For Sale signs from

XYZ firms in the area? What do other agents have to say about

XYZ firm?

5) Find a MentorOnce you’ve decided on a firm, your next step is to find a mentor. Establishing a mentorship with another agent allows you to learn the ins and outs of the trade. Shadow your mentor and learn from his or her experiences. This is a great opportunity to ask questions, get advice, seek guidance, and learn what it takes to succeed in the real estate industry.

6) Know Your MarketSuccessful real estate agents know the market and how to price real estate appropriately. They view comparable homes and other real estate for sale in order to help clients establish a competitive price.

7) Utilize TechnologyTechnology is great for real estate agents. Here are some useful apps you can download: Realtor.com: Access millions of homes

from your phone! Trulia.com: Connect with clients, convert

leads, and stay informed. Zillow.com: See homes for rent, sale, and

share via

8) Hold Open HousesOpen houses still attract prospective buyers. They provideadditional market exposure and an opportunity to network with potential clients and other industry friends.

Keep in mind that showcasing a house is not as simple as putting an “Open House” sign in the front yard.

9) Build Your Client PortfolioBuilding your portfolio is the most important part of the business. Asking for referrals and staying in touch with former clients keeps you in the game. And if you’re good at your job, your former clients will help your portfolio grow and thrive. Word of mouth is the best advertising there is!

10) Attend Seminars and Training Sessions

Michael Dinkel said continuing education is the way to get the skills and experiences you need to stay ahead of your competition. You can find a variety of different seminars and training sessions by asking your fellow agents, joining real estate associations, keeping tabs on REALTORS® events, and calling your state real estate board.

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