The Best Advice for Startup Real Estate Agents?

Anytime you start a new career, you’re going to have to deal with a few obstacles. This can especially be difficult when you’re in real estate. Like many entrepreneurs, many real estate agents fail within their first two years for  a number of reasons. After you first get your real estate license, you might feel ready to start looking into Edmonton homes for sale, but you aren’t sure where to begin. The truth is, that you might not be able to start selling homes right away before you get fully adjusted to the industry. A real estate career can be very fulfilling and a great source of income, but it can be a lot of work. 

Real estate agents go through their own startup business phase. If you’re a new real estate agent, here is some great advice you should follow. 

Find a mentor

As a new real estate agent, you might feel like you’re able to do anything on your own. However, in many cases, this isn’t true. For most people in any industry, they often rely on a mentor for guidance. To succeed as a real estate agent, you need to form a good bond with someone in the industry you admire. This person should have the same goals that you do, and plenty of experience in real estate. Having a good relationship and meeting people in the industry is an important part of working in real estate. Even long after you’ve found your footing, you always want to have someone you can turn to for advice. 

Save up money

Anyone who’s started a new career or business knows how risky it can be when you’re first getting started. It’s easy to think that you’ll start out doing great and make enough money in commission to support yourself. This, unfortunately, is not true for most new real estate agents. Before starting your real estate career, you should have some money saved up. If you don’t make enough, or if it takes you a while to make anything at all, you want to know that you have some money to fall back on. The more money saved, the better, but you should have enough to cover the first six months of your new career, just in case you end up needing it. 

Utilize technology

Many real estate agents don’t fully understand how important technology is when you’re starting your career. Having a good understanding of technology is crucial to survive as a real estate agent today. One way this can significantly help you is by taking advantage of email automation. Not only should you be using automation, but you also need to have a good website and social media presence. People expect to see these things from you, so it’s important that you’re able to provide them. Knowing how to use these technologies can help make your job much easier. 

Continue learning about the industry

After you pass your licensing test, you might think that the learning portion is over. In a real estate career, you should always make efforts to keep learning, even after you’ve been in the business for years. One of the biggest reasons that people use real estate agents is because of the knowledge they can provide. If you aren’t able to show to your clients that you’re the most knowledgeable choice, they could end up working with a different agent.