Ray Stockwell, Director of Marketing  (ZipperAgent)

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Rainmaker
3,463,501
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I'll give you three tips:

 

  1. You will need to spend money to make money! Make sure you have some funds set aside to get your business off the ground. Too many agents think they can't spend money till they make some. 

  2. Learn how to fire clients who are not motivated, who don't treat you with respect, etc. 

  3. Never compromise your name and reputation for a commission check. 
Jul 16, 2019 01:39 PM
Ambassador
3,699,260
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Brand new?

  • Definitely #1 is to set up a CRM and
  • ...start working your sphere right away. So many people are shy about reaching out to people they know but, those who know you WANT to support your new endeavors and will happily help you build your business.
  • Put together your business plan and set long- and short-term goals
  • Farm your neighborhood
  • Work at least 40 hours each and every week
  • Host Open Houses each weekend
  • Volunteer
  • BE SOCIAL

Put yourself out there and let the world know you are building a new business and you're there to help them with their real estate needs! 

Jul 16, 2019 02:45 PM
Rainmaker
717,336
Peter Mohylsky. The Santa Rosa Beach Expert
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN

You are running a business, not just running people around in your car.  Learn the business and keep learning.  You are the pro. act like one. 

Jul 16, 2019 02:59 PM
Rainmaker
1,734,699
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Decide immediately if you are going to be a full time or a part time agent. If your choice is part time then think again and leave this business to the professionals. If it's full time then remember you do not have set hours, expect to work all hours of the day.

Jul 16, 2019 01:24 PM
Rainmaker
1,046,203
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Don't give up too soon, make one more phone call, send that email, write that extra text every day. Following up one more time will easily earn you extra income, no one else seems to be doing it!

Jul 16, 2019 02:00 PM
Rainmaker
1,337,432
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Treat real estate like a business, pay attention, and get a mentor. 

Jul 16, 2019 05:46 PM
Rainmaker
773,467
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

My number 1 tip: "You have a lot to learn!"

Jul 16, 2019 08:47 PM
Rainmaker
3,190,143
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Find a broker that answers their phone and gives you sound advice.

Training, if the brokerage doesn't have it, run.

Talk to other agents that work for the agency, they will tell you what's it like.

Get ready to work hard, have at least 6 months of income saved up for the dry times when first starting

Jul 17, 2019 03:49 AM
Rainmaker
356,029
Jay McHugh
SendOutCards-Appreciation Marketing Expert - Boston, MA
YOUR SendOutCard Mentor

"People count; Numbers don't.  Focus on People you will have an infinite amount of business; Focus on Numbers you will create cement shoes and fall into proverbial bankruptcy."

Jul 17, 2019 02:56 AM
Rainmaker
676,926
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Never answer a question you dont really know the answer to

Jul 16, 2019 11:40 PM
Rainer
116,985
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Have a plan on how you will gain clients and gain experience.

Will you work with a seasoned agent? Will you be an assistant?  will you cold call?   You need a plan

Jul 16, 2019 05:20 PM
Rainer
271,261
Caroline Gerardo
Sun West Mortgage Corporation - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Don't be afraid to work hard and fail sometimes.

Measure your progress. Analyze what works. Ask for help.

Be humble. Say you don't know but will find out and run right back with the answer. Be kind. Smile. Listen with your heart and mind.  

Jul 16, 2019 04:17 PM
Rainmaker
805,537
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

If Your Broker Didn't Teach You This . . . I Will

Use at will and yes, attribution is appreciated.

OH! And read the comments! They all gave MORE advice.

Jul 16, 2019 03:30 PM
Rainmaker
152,202
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

Start drinking or do something to numb yourself now. If you like being treated like dirt, this is the job for you!

Jul 16, 2019 03:21 PM
Rainer
57,031
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

It's the #1 tip for any business... develop a plan.

People will give you all kinds of advice like get a CRM, network, focus on SEO, learn to do dot this, spend money on this.

A hodgepodge of ideas is not going to help you succeed.  You need to come up with a business plan - ideally one year, but a minimum of six months.  The plan is not set in stone.  In other words, if you plan to do X, but after three months realize X isn't working, change the plan.  But a plan will help you focus your time and money.  It will eliminate indecision.  It will eliminate confusion.  It will help you prioritize.  (Hint: if you have to list several ideas when one tip is asked for because your 3-5 tips are soooo important, you haven't learned how to prioirtize yet.)

So my tip is to take the hodge podge of ideas that you hear on AR, at your office, at training, etc, and develop it into a working business plan. 

Jul 17, 2019 03:17 AM
Rainmaker
3,420,668
Richard Weeks
Dallas, TX
REALTOR®, Broker

Can not limit it to just 1.  Here is my trinity:

prospect every day

have a business plan

ask for the business

Jul 17, 2019 02:55 AM
Ambassador
1,706,647
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Have reserves in the bank.

Jul 16, 2019 03:17 PM
Rainmaker
5,357,180
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

DON'T SPEND THAT COMMISSION UNTIL THOSE FUNDS ARE IN YOUR ACCOUNT.....

Jul 16, 2019 03:08 PM
Rainmaker
772,272
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I've heard some agents say "RUN!".

Jul 16, 2019 02:53 PM
Rainer
207,943
Don Baker
Lane Realty - Eatonton, GA

Go to work in an office where the broker is available.  

Jul 16, 2019 02:42 PM
Rainmaker
1,472,873
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Pick a niche and learn everything you can about that niche in your local market, including becoming very familiar with ALL the inventory in that niche.

Jul 16, 2019 02:34 PM
Rainmaker
5,821,314
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Be prepared to rise above the several hundred thousand surplus agents.

Jul 16, 2019 02:15 PM
Rainmaker
1,301,072
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

To treat this as a business and develop a business and marketing plan... and stick to it!

Jul 16, 2019 02:01 PM
Rainmaker
3,592,548
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Get a mentor! Don't practice until you get it right, practice until you can't get it wrong!

Jul 16, 2019 01:59 PM
Rainer
74,000
Kenneth J Jones President - Broker of Record
Kenneth J. Jones, Inc., REALTORS® - Springfield, NJ
Commercial Real Estate Broker

Ray Stockwell The single most important thing every newly licensed real estate agent should do - before doing ANYTHING else - is to invest in getting professional education on how to become a productive real estate agent.

Ideally, the source of education should be totally independent of their brokerage.

I am NOT talking about wasting their money on paying money to some coaching mill where they're really not going to learn anything.

But, I am talking about taking a good-quality course or a series of seminars specifically dedicated to teaching new licensees about the real estate industry, their place in the industry, and how to become efficient and productive real estate agents.

I'd be happy to discuss this topic with you outside of this forum.

If you're interested, please contact me through my profile contact information.

Jul 16, 2019 01:47 PM
Rainmaker
4,864,544
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ray,

Get a mentor.  A

Jul 16, 2019 01:38 PM
Rainmaker
1,543,127
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Go to Physician Assistant school.... Go to nursing school... Go anywhere else!  Only somewhat serious... best advice I ever received still holds.... work hard because you work for yourself!

Jul 17, 2019 05:14 AM
Rainmaker
688,773
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Get a mentor

Stay true to yourself

Jul 17, 2019 04:32 AM
Ambassador
4,697,886
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Take Ignite.

Jul 16, 2019 07:25 PM
Ambassador
2,330,816
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Consistently adapting and adjusting while continuously learning is pertinent for longevity in this industry.

Jul 16, 2019 06:30 PM
Rainmaker
784,391
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Take your time learning to do it right. Market to generate appointments. Keep refining your listing presentation. Don't gamble. Keep a part time job if needed, and avoid creating stress in your home/family life. Be consistent.

Jul 16, 2019 04:33 PM
Rainmaker
2,551,134
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Lend everyone your ear but not your mouth

Finish what you start

If you dont like people pass on Real Estate

Watch your greed, ethics and morals

Your licensed so act like it

Jul 16, 2019 03:43 PM
Rainmaker
1,084,259
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 Must be willing to accept the fact you have 6-9 months savings before your first commission check. 

90% of new agents will not attain a single sale during his first year. 80% left will realize it is not for them and quickly drop out of business.

Sam Shueh, Silicon Valley realtor

 

Jul 17, 2019 07:02 AM
Rainmaker
1,996,599
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

You have a new license with drying ink... experience. Take nothing for granted and the best time to get into the real estate list and twist is when the incline is steep. You learn much, forget nothing. Save for the change in market conditions and learn how to adjust your "sales". The best sailors have gone out into rough seas from the safe close to shore harbor to learn how best to hone their survival skill set.

Jul 17, 2019 05:00 AM
Rainmaker
423,723
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

That this is a business and not a job.  Have at least 1 year worth of living expenses and if they are currently working do not quit their job yet.  I see too many people wanting to become a real estate agent and think that this business is easy money.  You get to dress nicely and drive nice cars.  Again it is a business and one has to work very hard to make it a successful business.  There, I think this is a lengthy tip :)

Jul 17, 2019 01:27 PM
Rainmaker
1,832,456
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Great answers, Ray, you got. 

Debe Maxwell, CRS and  Nina Hollander - I am with you.

Jul 17, 2019 12:32 PM
Rainmaker
1,381,902
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

 Tell everywhere and everyone you know and don't know  you are Realtor. 

 

Jul 17, 2019 12:02 PM
Rainmaker
1,372,994
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Network!

Jul 17, 2019 12:02 PM
Rainmaker
1,609,308
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Start your "Past client" database with your first transaction. Stay in touch and never let go of them. Over the years they can become your own personal gold mine.

Jul 17, 2019 10:22 AM
Rainmaker
3,167,457
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Have a good 6 months of savings to out last the period you will not be making any money. Just as important choose an agency that will meet your needs. Ask what you get for what you will pay.

Jul 17, 2019 04:49 AM
Rainmaker
816,635
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

#1. Know the resources, skills, experience and network upon which you can rely.

#2. With the data from #1, create a business plan
#3. Spend it! Determine what you have the most of: Time or Money, then spend it according to the business plan.

#4 Bonus: Never sign with a broker who will not COMMIT to getting you engage in a transaction within 30 days. A good business plan allows a broker to see your potential and enable them to commit.

Jul 17, 2019 04:48 AM
Rainmaker
4,340,493
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Carry business cards with you WHEREVER you go, and hand out a box a month.

Aug 02, 2019 01:21 PM
Rainmaker
1,587,628
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

It's a tie between "Don't" and "Why?"

Jul 18, 2019 02:29 PM
Rainmaker
866,100
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Find a mentor and have money ion the bank to pay your bills until a steady stream of money is rolling in

Jul 17, 2019 09:56 PM
Ambassador
2,954,519
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

a great broker who provides tools and support/mentorship program

Jul 17, 2019 08:25 PM
Rainmaker
3,435,552
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Get a mentor, coach and a great broker to start with!

Jul 19, 2019 10:54 AM
Rainmaker
613,490
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Make sure your pipeline is always full!

Jul 19, 2019 06:49 AM