Praedo News » Mistakes A Real Estate Agent Should Never Make
Getting a real estate license is the first step in your journey as a real estate agent. Before you can get the license, though, you’ll have to take the exam. While the prospect of taking such an weighted test may be daunting and stressful, if you’re well prepared there’s nothing to fear. Here are some real estate exam prep tips to help you pass your real estate exam with flying colors
Not Communicating with Clients
Communication is key! Lack of communication is frustrating in any situation, especially between a client and their real estate agent. No one wants to be left out of the loop. Your client is expecting you to help buy or sell their home, and you can’t properly do that if you don’t stay in close contact with them. This can lead to loss of clients and a bad reputation. Updating your clients takes little effort and is huge to building a strong relationship with your client.
Being Afraid of Conflict
Conflict is unavoidable in the world of real estate. From frustrating clients and intimidating colleagues, you’ll experience it at some point in your career. There’s no use in being afraid of it. A good real estate agent takes conflict in stride and finds the best way to resolve it. If you feel you’re not well equipped to handle conflict, learn a method that works best for you. Utilize your listening and verbal skills to negotiate a fair compromise.
Not Hiring an Assistant Soon Enough
You can’t do everything by yourself. You may think you know it all and have it under control, but sometimes you just need some extra help. Hiring an assistant to aid you in various tasks will help reduce your stress, maximize your work ethic, and give you some free time. Think of it more as an investment rather than another expense. If you really feel you’re in need of one, don’t waste time making excuses. In the end, having an assistant to provide a helping hand will pay you back both financially and emotionally.
Not Saving a Portion of Every Paycheck
Being a real estate agent is not a one hundred percent financially stable job. The market will fluctuate. One day business will be booming, and the next it may be floundering a bit. In times like this, you’ll be thankful that you have some rainy day money stored away. Saving a portion of each of your paychecks will ensure that you’ll be able to take any rough patches that come your way in stride.
Losing Track of the Bigger Picture
It's easy to tunnel vision on a small aspect and forget to see the big picture. Not everything is going to go the way you expect it to. Clients may withdraw or become angry, deals may fall through, and negotiations may never come to fruition. There are always going to be obstacles to overcome, that’s just the way life works. Learn from your mistakes and keep pushing forward.
No matter how many years you’ve been working as a real estate agent, you’re always going to make mistakes. Being a real estate agent is a difficult career to make it in, but you can make your bad experiences into good lessons by learning from them and avoiding them in the future.
Posted: January 18th, 2018 @ 12:00am by susie