Posts Tagged ‘how to’

Real Estate Success Tips: Working with Millennials

millennials real estateMillennials are Americans age 18 to 34.

Also sometimes referred to as Generation Y.

Real estate professionals are in the business of facilitating the buying and selling of houses, but the real business of real estate is working with people.

And since this younger audience is ever growing and becoming more sophisticated, it’s important we adapt as well.

New research from the Urban Land Institute cites Millennials as being a driving force in the way the real estate market is growing and changing.

In working with customers, we know the importance of forming relationships and listening to find out just what it is that buyers and sellers want.

This is  how real estate professionals increase their sales and grow their personal brands.

Real estate pros must learn how to work with buyers and sellers in every market sector and demographic. One important demographic real estate professionals are paying more attention to these days is Millennials.

Gen-Y individuals are different from their parents and previous generations. They seek different things, approach the world in a different way and want to be treated as the unique individuals they are.

According to the ULI study, Generation Y prefers to live in mixed-use developments as well as condominiums and downtown areas.

The study also found that the majority of Millennials prefer to live in close proximity to public transportation.

As a real estate professional hoping to work with customers in this market, keep the following things in mind:

1. Be Flexible – Younger generations often work non-traditional jobs so they might have schedules that require flexibility on the part of their real estate professionals.

2. Think Outside the Generation Box – This generation doesn’t approach life like their parents or grandparents do so as a real estate pro, you will be more successful if you don’t try to treat them as such.

3. Form Relationships – Working with customers of any kind requires engagement and relationships. Foster these relationships to creating long-term success. It will pay off for you as you grow your real estate sphere of influence!

Let us know if you have any other questions about how to have more success as a real estate professional! We are always here to help.

Here at Big Block Realty, we are California’s leading 100% commission real estate brokerage. As part of our team, you will keep your entire commission while still enjoying all the perks of working with an industry leader such as Big Block.

A career in real estate allows you to leverage your potential in a way that no other industry or field can. If you’d like to learn more about a career with Big Block Realty, we’d love to hear from you!

Your Friends,

SOS pic

Oliver, Sam, Spencer and
The Big Block Realty Family

Have questions?—> Contact us today

Big Block Realty, California 100% Commission Brokerage

Why Should Real Estate Professionals Have a Blog?

Blogs are everywhere these days; not just as informative content on the web, but also as strategic marketing tools for brands and businesses.

As a real estate professional, your personal brand is so important to your long-term success.

Here at Big Block Realty, we are fully invested in our team’s success.

That includes providing helpful tips and information that is useful to individuals pursuing a career in real estate.

Watch this quick video blogging for Real Estate:

We’d like to share some reasons that having a blog is important in the real estate industry.

1. Your Brand’s Voice

As a real estate professional, you’re in the people business. It’s important that you communicate with your customers and potential customers.

A blog is a great way to do just that. Whether telling the story of your business or sharing your listings, a blog can lend a unique voice to your real estate business.

2. Content Marketing

You’ve probably heard the phrase “content is king.” A blog is a great way to create your own branded content on the web.

Blogging is an integral part of any content marketing strategy and something you should consider when doing long-term planning for your brand.

3. Expert Insight

In the real estate business, it’s important to be credible and have expertise. A blog is a good way to establish credibility as well as build your reputation as a leader in your industry.

By sharing informative, helpful information, you can let consumers know you are a source they can trust.

As you build your career in real estate, we believe you will be able to leverage your potential in a way that no other industry or field allows. And a blog is one way to bolster your brand marketing to achieve success. If you’d like to learn more about a career with Big Block Realty, we’d love to hear from you!

Your Friends,

SOS pic

Oliver, Sam, Spencer and
The Big Block Realty Family

Have questions?—> Contact us today

Big Block Realty, California’s Best 100% commission real estate brokerage

Big Block Realty Voted Best 100 Commission Real Estate Brokerage, proudly serving: San Diego, Orange County, Sacramento, San Fransisco, Palm Springs and much more!

“How To Value Income Properties” – Big Block Realty Sponsored Event

Check out this event we are Sponsoring at the San Diego Real Estate & Realtor Mastermind Group…

San Diego 100 commission real estate californiaThursday May 16th, 2013

“How To Value Income Property” – Live Training Event

Details and RSVP here: http://www.meetup.com/RealEstateSD/events/118299802/

In order to be successful in real estate, realtors and investors must determine the value of the properties they evaluate and make educated guesses about how much profit these investments will generate, whether through property appreciation, rental income or a combination of both.

 

The key is becoming an expert on how to value income properties…

Join us as Curtis Gabhart of Gabhart Investments teaches “How to Value Income Properties”

RSVP now: http://www.meetup.com/RealEstateSD/events/118299802/

This class is power packed with everything you need to understand the many acronyms associated with income real estate, such as:

1) DSCR
2) CAP rates
3) NOI’s
4) and GRM’s.

THERE IS NO COST TO ATTEND THIS EVENT THANKS TO OUR SPONSORS

Learn More About Big Block Realty’s Realtor First 100% Commission California Real Estate Brokerage

How to Price a Home to Sell, Get Your Clients The Most Money In The Shortest Time

Lowball-offerIn the world of real estate, you only get one chance to make a first impression and this is especially important when trying to sell a home on the real estate market. For a realtor trying to list and sell a home, first impressions matter.

There is research that shows the first couple of weeks a home or property is on the market has a great impact on the success of its sale.

The first few days a home or property is listed exposes it to active buyers. During this initial introduction phase, price is a key component. If the home or property isn’t priced right, the audience will lose interest.

Here are a few tips for pricing a home to sell in California.

Consider Past Sales

Look at homes and properties in the same area as the one you are trying to price. It also helps to look at similar neighborhoods and areas in the city. This helps you get an idea where to start when pricing a home to sell.

Be Aware of Active Listings

Active listings are not the same thing as past sales. It’s good to be aware of what other active listings are in the area, but don’t fall into the trap of trying to set your prices to match them. Often, active listings are still active because they are too high.

Negotiation Matters

In real estate, negotiation is an important part of the sales process. Set a price that gives the buyer and seller room to negotiate. Just keep in mind that home prices set too high can cause the property to seem out of reach for would-be buyers and they might avoid making an offer.

Think like a Buyer/Think like a Seller

Take some time to look at the home from the perspective of the seller as well as would-be buyers. Each party has a unique view point and will see the home or property in a different light. No buyer is ever 100% satisfied with every aspect of a home, but when a home is priced to sell, the right buyer isn’t hard to find.

Adapt if Necessary

If a home or property that you priced is not getting much response or the feedback you receive causes you to think it is priced too high, reconsider. The wrong price can become the right price, but only if you are willing to rethink the situation and adapt.

The real estate market is always changing. Realtors in California have to grab buyers’ attention and choosing the right price can help. There are so many different types of homes and properties for sale in California, but making sure to price them right will attract buyers who are ready to make a move.

As an agent, you also have to consider your commission. Here at Big Block Realty, we are Californias Best 100% Commission Brokerage. Want to get to know our broker?

Realtors can keep 100% Commission With Big Block Realty…

To Your Success,

SOS pic

Oliver, Sam, Spencer and
The Big Block Realty Family

Have questions?—> Contact us today

Big Block Realty, Realtors Favorite 100% Commission California Brokerage

Challenging Yourself To Become The Best

This blog post is all about challenging yourself to become the best you can be and keeping your “axe sharp” so you can rise above your competition. At Big Block Realty we are constantly striving to become the best…

Big Block Realty, California's Best 100% Commission Real Estate Brokerage

So what does it take to become the best?

Certainly a lot more than what can be written on this quick blog post, but here are a couple thoughts …

1. Get and stay out of your comfort zone. I believe that
not much happens of any significance when we’re in our comfort zone. When you are out of your comfort zone or uncomfortable, you are growing. Constantly challenge yourself  and don’t be afraid to try out new ideas in your business regularly.

 2. Never give up. Almost nothing works the first time it’s attempted. Just because what you’re doing does not seem to be working at first, doesn’t mean it won’t work. It just means that it might not work the way you’re doing it so change your approah and try again. If it was easy, everyone would be rich, skinny, and successful. Whatever it is you’re after, never give up.

3. Focus on what you want to have happen. Remember that old saying, “Whether you think you can do something or not, you are right.” It is so important to keep a positive mindset. 80% of your success will come from this.

4. Measure everything of significance. I swear this is true. Anything that is measured and watched, improves. Keep track of your numbers. Hold yourself accountable and watch your business grow.

Follow these tips and you will become a champion!

To Your Success,

SOS pic

Oliver, Sam, Spencer and
The Big Block Realty Family

Have questions?—> Contact us today

Big Block Realty, The Best 100% Commission Real Estate Brokerage in California