Success as Real Estate Agent by Hamza Hameed Mirza

It’s one thing to be a real estate agent and another thing entirely to be a continuously successful real estate agent. Here are some key tips to keep in mind for long-lasting success in the real estate industry.

  • Know your ‘why’. It’s so important to know why you’re in real estate. What do you want to gain? What does success mean to you? How will you know when you have achieved your own personal version of success? If your definition is vague and something along the lines of, ‘I want financial independence’, ‘I want to earn a million dollars’ or ‘I want to be known as the best agent in my area’ then this isn’t strong enough.These definitions aren’t enough to motivate you, to help you through the inevitable rough patches, nor are they strong enough to give you the resilience you need to keep moving forward until you reach your goals. Brainstorm now and be very clear on your big ‘why’.
  • Set your goals. Your goals must have built-in rewards and they must first be short term: Covering the next 12 months then for the years after, but never more than 3 to 5 years ahead. Your life in the real estate industry is bound to change during this time. You may move offices, change staff, change location. Many things can, and probably will, happen so don’t look too far ahead.
  • Establish KPIs (Key Performance Indicators or Action Steps). You may need the help of your CEO, sales manager or a real estate mentor or colleague to help you with this process. The value of these external people is that they will help you stretch to the next level, keep you accountable, applaud your efforts when you have a win, and guide you when you go off track. Setting KPIs, more than anything else, will fast track your success.
  • Get clear on your ‘point of uniqueness’. What do you want to be known for? Words like ‘honesty’, ‘integrity’ and ‘loyalty’ are good, but they aren’t enough — they’re used by every real estate agent and have lost their impetus. What do you think you could do for your clients better than anyone else? What knowledge or experience could you offer your clients to set you apart? Knowing the answers to these questions will guide your personal profile and soon you will be seen as the real estate agent of choice.
  • Decide how you’re going to find your clients. Prospecting is simply about building relationships for current and future business; filling your pipeline with people who will want to use your services. To achieve this, check in with your principal, your sales manager or your coach for advice, then settle on your top three prospecting strategies and stick with them.

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