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5 Characteristics of a Sponsoring Broker

As a new Real Estate Salesperson, you will need to work under a “sponsoring broker.” Firstly, the brokerage you choose to align yourself with will be the foundation of your new business. Secondly, providing you with ongoing mentor-ship and the backing of it’s excellent community reputation. Here are 5 key characteristics of how to choose a good sponsoring broker, you should look for:

1. Commission Split

Most importantly, commission split percentages differ from broker to broker. Although this is important, remember not to base your entire decision off commission split. There are many other factors to consider. That being said, commission splits affect earning potential, making it an important factor. Make sure to be aware of what commission you should expect from your real estate sales. Or you can check the white label agent sponsorship, where you own your brand and the business. Also, as a white-label partner, you get to keep 100% of your commission.

2. ...

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How to Differentiate Your Real Estate Brand

 

In a competitive real estate market, it's essential for professionals to differentiate their brand, stand out from the crowd and how to differentiate your real estate brand. One effective way to achieve this is by offering unique closing gifts that leave a lasting impression on clients. In this article, we will provide practical tips and advice on how real estate professionals can set themselves apart from competitors through brand differentiation, with a specific focus on the importance of unique closing gifts. Especially related to real estate client closing gifts, we will explore how these gifts can become powerful tools for building a strong and distinctive real estate brand.

Understanding Brand Differentiation in Real Estate:

Brand differentiation refers to the process of distinguishing your real estate brand from others in the market. It involves developing a unique identity, value proposition, and customer experience that sets you apart and resonates with your target...

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More Than Choosing the Right Broker

We see many students come through our school, many already have a sponsoring Broker and other's do not. We recommend those who do not, talk to as many as you can before you make the decision, in fact this should be the least of your worries while contemplating this new career in Real Estate? There is way more than choosing the right Broker.

One of the first things you need to realize when getting into real estate, you are not starting a new job. You are starting a new business.  There is a big difference!

You do not get paid unless a house gets sold

You may go months with out seeing a paycheck. creating a budget can be challenging.  In the corporate world you know exactly what day you will get paid and how often. As a real estate agent you will not know for sure when the next commission check will come in. However, you do not need to worry about the company cutting cost and reducing your hours or being laid off.

You would have to fire yourself. In the corporate world you...

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Your Online Presence in Real Estate

Real estate is a career that has unlimited potential but your reputation and how you represent yourself online is your greatest asset as your starting out. A common misconception is that a new agent only needs licensing education in order to be successful. The truth is, there are strict limitations on what can and cannot be taught in a licensing course. Here are 5 easy ways to increase your online presence in real estate, especially for the newer agent.

It’s Your Reputation

Your reputation isn’t just built by word-of-mouth anymore — potential clients are often checking you out online before they even get in touch with you. They’ll look at your social media profiles, new listing, reviews and other places. Where your name appears on the Internet to get a full sense of your social profile.

Clients are particular about their real estate agents, which makes sense—they’re about to make a costly and potentially life-changing investment. What’s...

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The Ethical Agent Always Wins!

Ethics and fair housing are two of the most important issues will face in your real estate career. The Ethical Agent Always Wins! Although ethics, as a philosophical discipline, is a vast topic, in the simplest sense, ethical behavior can be thought of as nothing more than doing the right thing, behaving with integrity, treating people fairly, evaluating a situation and choosing the moral path, even if that path is not the easiest one to follow.

How would you characterize an ethical person?

  • You might answer “an ethical person would treat other people fairly and honestly. Regardless, of their background or ethnicity.”
  • You might think “an ethical person would be compassionate toward others. Consider the needs of other people when making a decision”.
  • You would probably agree “an ethical person would have integrity. In upholding principles and convictions in his or her actions regardless of personal consequences.”

In fact, all of these...

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Sell Your House For More Money

Making changes to your home can be a lot of fun. It’s enjoyable transforming an old room into one that’s modern and exciting. Besides being entertaining, home improvements can really help when it’s time to move. Not only can they entice buyers into making an offer, they can earn you more money. It’s the improvements that help sell your house for more money.

However, not every remodeling project helps you financially. Read on for some tips on picking the right project, including how to avoid some common home improvement scams.

Remodeling For Resale

If you are hoping to raise your home’s sale price, then there are some home improvements to avoid. As CNBC explains, most projects directed to your particular tastes will not translate into added value. That’s because not everyone shares your passions. For example, you might love having a home gym or a home recording studio, but that’s not always popular with potential buyers. To...

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Common Mistakes Real Estate Agents Make

Being a real estate agent can be a rewarding job. It isn’t easy to start, and it certainly isn’t easy
to become the best. However, knowing the most common mistakes real estate agents
make might help you get off to a solid start in your real estate career. Knowing these mistakes
from the beginning and learning how to avoid them will take you higher in your career and much
faster. So keep reading to find out how you can start on the right foot.

Expecting immediate success

Success doesn’t come that fast and that easily. Real estate is a growing profession that requires time, patience, and dedication. And if you are just starting your career in real estate, it’s
impossible to have all the knowledge that comes with experience. However, if you have
perseverance and are hard-working, you might become successful from your first year. Therefore, take your new job seriously and commit to it.

Try to keep a strict schedule and don’t make too many compromises....

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Agent’s Guide to Making a Great First Impression

First impressions are lasting impressions. If you’re a real estate agent, you know what we’re talking about. Since your success directly depends on your connection with prospective clients, you know the importance of first impressions. So, no matter if you’ve been in the business for years or you’re a newbie, every client is like a fresh start. That’s why you need to stand out from the competition and wow your clients from the first moment they see you. Unfortunately, you have only one chance to do this properly. Therefore, to prepare for your next meeting, read the following agent’s guide to making a great first impression, and you’ll be set up for success!

Agent’s Guide is Preparedness

One of the most important traits of a successful agent that will help you make a great first impression is being prepared. Before you meet with your new clients, you have to do proper research about who they are and what they’re...

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Decluttering and Depersonalizing: Preparing a Home for Sale

The key objectives when staging a home for sale are to make the property look spacious and to emphasize the feel of flow from room to room. That’s what most homebuyers are looking for these days -- plenty of room to stretch out and make the space their own.

A good rule of thumb is to clear out at least 30 percent of your home’s contents before showing it to prospective buyers. That means getting rid of oversized furniture and making sure loose papers and personal items are thrown out or organized and carefully stored away. The more “stuff” buyers have to maneuver around, the more skeptical they’ll be when it comes to seeing your property as clean, well-organized and a likely candidate for purchase.

Storage space

When reviewing a home, buyers often look for plenty of storage space in the basement, garage, crawl space and closets. If they see storage square footage taken up with personal items, they’re more likely to regard your home as inadequate...

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How the Vehicle You Drive Impacts the Curb Appeal of Your Real Estate Business

As an agent, you know how crucial an appealing exterior is to leave a lasting impression on a potential buyer. The same idea can be applied to your business. Ignoring your business’s curb appeal, or how you present yourself and your services, can drastically affect the impression you leave on your clients. One of the most significant contributors to an attractive curb appeal for your business is the vehicle you drive. Read on to understand how the vehicle you drive can influence your success as a real estate agent.

Why is the vehicle you drive so important?

Taking all factors into account, the vehicle you drive is one of the most important. Why? As a real estate agent, your vehicle is essentially an extension of your office. Not only is it one of the first places you begin to build rapport with clients in, it’s also one of the areas where you have the most critical conversations in. In a review-centric culture, it’s important that agents deliver an exceptional...

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