According to the Top National Workplaces survey, real estate was the second happiest industry to work in 2016, and most people tend to agree with these findings. Imagine making a living by looking at houses all day long, having more wiggle room in your schedules than other professionals, where you are in a nutshell, self-employed, you are free to set your working hours, and your salary has no cap.

Qualities To Have As a Real Estate Agent

Real estate professionals have the propensity to inspire trust thanks to their excellent communication skills. They are not only sensitive and mature, but they also can give and receive constructive criticism and feedback, all the while staying calm during a crisis. What’s not to love about this line of work?

Mastering tactics to get more real estate listings, listing leads, and ultimately more money in real estate can prove challenging to a novice let alone a savvy realtor. The idea is to nurture potential buyers along and get them excited about the prospects of owning a home.

There are three known types of real estate listings:

1) Open Listing – allows a homeowner to sell his or her house by themselves and only pay 1 ½ of the selling broker’s commission

2) Exclusive Agency Listing – while the owner can still assert their rights to self-sell their home, in some cases the owner pays a broker to represent them

3) Exclusive Right-to-Sell Listing – this listing is the most commonly used ways where the broker has the exclusive rights to earn a commission by representing the owner and bringing potential buyer

While listing agreements are negotiable, the most common terms and conditions in regards to the length of listing can range from 30 days, 90 days, six months, one year or more. Selling commissions can be dictated by how fast a homeowner wants their house sold.

However, it is advisable that if the owner wants the agent to generate buzz and attract potential buyers, then he or she must up the total commission. The owner and real estate agent must also agree on the conditions of contract cancellation and expiration. All monies owed to the broker must be paid in full, and the broker should be willing to let the owner cancel the contract at any time if they (the homeowner) are is not satisfied with the overall real estate listing process or with the broker’s services.

The following are various ways that one can get potential real estate listings:

  • Partner with local banks, builders, mortgage providers, plumbers, electricians, marriage counselors, or dentists. They always have a good lead
  • Start advertising your services online
  • Send for sale by owner (FSOB) mail to your client list
  • Checkout vacant, inherited, or divorce homes. Unless an inherited home is in a pristine condition, most people do not want to incur renovations or building cost and are looking for a quick sale. Additionally, most divorcees that list their homes is because they are mandated to do so by the judge to sell their property

Learn more about C21 Lady of the Lakes Realtors and the numerous services they offer including: buying a new home, selling a home, or renting a home at www.ladyofthelakes.com.  To contact one of our real estate agents call 734-426-6060 today.

 

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