1. Communication Skills: To effectively negotiate , explain, complex information, and build client relationships 2. Sales and Marketing: Understanding how to sell properties and promote listings using both traditional and digital marketing. 3. Negotiation Skills: Essential for closing deals that benefit both buyers and sellers. 4. Local Market Knowledge: Being informed about neighborhood trends,...
It is not always easy making money while success stories are common, real estate often requires long hours, persistence and smart strategies. it is not a GET RICH QUICK GAME. Relationships are everything, leave a meaningful thought in the heart of everyone you meet. it is what they remember they come back to. who you know matters and networking and trust building often trump raw sales skills. The...
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MANY PEOPLE BELIEVE BUT WHICH CAN MISLEAD OR HINDER THE GROWTH OF THE BUSINESS IT IS JUST SALES Many confuse business development with sales. while sales is a part, BUSINESS DEVELOPMENT focuses on long-term value creation through partnerships, strategy and market expansion. PROFIT WITH CAPITAL: EVERY DEVELOPER MUST BE VERY CAREFUL WITH THEIR PROFITS, PUT YOURSELF ON A PAYROLL IF YOU WANT TO...
YOU ARE ALSO A COMPETITOR, YOU NEED TO STAY AHEAD AND MAKE SMARTER BUSINESS MOVES. THEIR TARGET MARKET: Understand who they are serving first time buyers, luxury clients, commercial investors and so on. So you can spot gaps or refine your focus. PRICING STRATEGIES: Know how they price their listings, commission rates and service packages. This helps you stay competitive or offer better value....
COMPELLING REASONS WHY PEOPLE LOVE REAL ESTATE Financial Freedom & Passive Income Real estate offers a pathway to financial independence through steady rental income and property appreciation. For instance, Jeff White and Suleyka Bolaños achieved early retirement in just 6.5 years by "house hacking"—living in one unit of a multi-family property while renting out the others to cover their...
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Buy and Hold (Rental Income) How It Works: You buy a property and rent it out to generate monthly income. Profit Comes From: Rent payments (cash flow), Property appreciation over time Tips: Invest in high-demand rental areas Keep expenses (mortgage, maintenance, taxes) below rental income Consider short-let (e.g., Airbnb) for higher yields 2. House Flipping...
Customer Relationship Management (CRM) Software: Helps agents manage leads, track interactions, automate follow-ups and improve client relationships. 2. Real Estate Listing Platforms: crucial for listing properties, reaching potential buyers and staying updated with market trends. 3. Virtual Tour and 3D Imaging Tools: Enables virtual property walkthroughs, which save time and broaden...
Real Estate Basics Real Estate: Property consisting of land and any buildings on it. Types: Residential: Homes, condos, apartments Commercial: Offices, malls, stores Industrial: Warehouses, factories Land: Undeveloped or underdeveloped land KEY TERMS TO KNOW IN REAL ESTATE Buying Property Steps: Get pre-approved for a mortgage Hire a real estate agent Search MLS or...
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