THE COMMON MISTAKES REAL ESTATE AGENTS MAKE YOU SHOULD AVOID
Cornelius L. Jackson
Y
ou just got it! The realtor title you have been longing for. One thing is for sure, the real estate industry is lucrative, but at the same time, most real estate agents fail even before they begin. If you are just getting started in this industry, there are some mistakes you need to avoid right from the first start. Real estate business can be tricky, and as a newbie, you might be rushing into the business without understanding the dynamics of the industry fully. You need to have a plan
to build yourself as a successful agent. You need to understand that being a successful agent is not only a product of your good decisions but also the ability to outmaneuver bad decisions. Additionally, the high upside potential is usually accompanied by an equal downward risk; this means that an excellent venture in real estate can be derailed by a few bad decisions. So here are some mistakes that I have made, the mistakes that as a new agent you need to avoid.
PLAN BEFORE YOU START
Even before you submerge yourself in this lucrative industry, you need to make sure that you have a plan. It is so natural that as a young agent, you want to get into the business a quickly as possible, and many make a mistake of thinking that real estate transactions are all about helping sellers sell and helping buyers buy. There are many things that you need to consider. First, you need to realize that as a real estate agent, you are an independent contractor; thus, selfdiscipline is very important. Without a plan, chances are, you will fail. A business plan will help you decide and define where you are going and how you want to get there. 56
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THE POWER IS NOW MAGAZINE | JULY 2020
