The Real Estate Industry is HUGE and is a golden opportunity for real estate agents. National average home sales exceed $200,000.00 and real estate commissions are big and plentiful.
No wonder so many people are getting licensed as real estate agents. And why not? You can make a lot of money selling real estate. But being licensed is only the first step, as more and more people are getting licensed to cash in on the opportunities.
The Second Step. The most successful real estate agents have lots of listings. Although getting them is easier said than done, you can do it if you have a good real estate listing system.
With listings you triple your chances of earning commissions and bonuses. When the listings sell you'll be paid a listing fee, a sales fee, or both. Conversely, if you don't have listings you'll only get paid when you sell a property.
A system that some work to near perfection focuses on Expired Real Estate Listings, which are a great source of leads. You don't have to spend a lot of time or money prospecting for them, as they're always just a couple of keystrokes away.
Go ahead, let's try it right now! Log onto your Multiple Listing System service, print out an update report and wah, lah! In seconds you'll have a complete update of all the expired listings for any time frame you want.
The MLS update report will provide you with just about everything you need to know to relist expired real estate listings. You can get the seller's name, mailing address, property address, phone number, type of property, current asking price, price reductions during the listing period, how much the taxes are and anything else that you even think you might want to know about these properties.
Unlike fsbos, cold calls and other lead generating systems, owners of expired listings are almost always warm, responsive prospects. Also, they are typically still Realtor friendly and are already sold on the idea of doing business with a real estate agent - again.
But wait a second. Although expired real estate listings are easy to find you still need to know what to do to get them.
Converting Expired Listings to New Ones Converting expired listings to current listings is like most other things. You have to have the right tools and skill set to get the job done, or else you end up wasting lots of valuable time and money. In this instance it could cost you tens of thousands of dollars in lost commissions.
Owners of expired listings are as close to a captive audience as you're going to get in real estate. Many still want to sell their properties and may be tired of being stuck. Stuck with bad tenants, double mortgages, property taxes they'd hoped to avoid having to pay.
Sure, some change their minds and decide not to sell. But many are still primed to relist again and are waiting for the right Realtor with the right approach. That can be you as easily as anybody else. But you have to come prepared, or don't come at all.
With so much at stake and so much money to earn do yourself a favor and get yourself a real estate listing system. Even as you read this agents with systems are getting listings. What's that phrase again? He who hesitates _____!
Without a system of some kind you might be yet another person who tried and failed. But with one you can become an impact player and making a good living doing what you want to do.
Remember, owners of expired listings have a problem that you can help resolve. But in order to get their business you must come with your "A" game.
If you don't have a real estate listing system you should get one. The few dollars you spend now will be returned a thousand times over and may prove to be one of the best investments you ever made.
Lanard Perry is the author of "Farming Expired Listings," a Real Estate Listing Guide that shows Realtors how to average 1 or more listings a week. Get a FREE Sample Chapter at http://www.farmingexpiredlistings.com
![]() |
|
![]() |
|
![]() |
|
![]() |
We are selling our house. We have lived here for... Read More
The CostAlthough the property prices in Bulgaria are quite low... Read More
Advice to Help When You're Buying a HomeFirst time home... Read More
You may have heard all the buzz about the newest... Read More
If you've followed any of the major survey agencies around... Read More
The best price to sell your home is always determined... Read More
Many would-be real estate investing professionals face discouragement because of... Read More
It's a dream for many to buy and take ownership... Read More
In the superheated San Francisco Bay Area property market, foreclosed... Read More
Buying to let is considered a serious investment and should... Read More
Buying Your First HomeBuying Your Own Home isn't nearly as... Read More
I saw the ads in our small-town newspaper for years... Read More
Styles of houses vary across the country. From the New... Read More
Finding the right buy to let mortgage is crucial to... Read More
A lakeside vacation or second home can be a quiet... Read More
Completely rebuilding a house is not necessary to make money... Read More
So you wanna buy pre-foreclosures? or at the courthouse steps?... Read More
When it comes to investing, everybody has certain goals and... Read More
Raw land as opposed to improved property is much more... Read More
It's probably happened to you...Folks learn that you know something... Read More
In investment real estate the quickest way to wealth is... Read More
It's been said many a time that overseas real estate... Read More
The value of the real estate you own, whether it... Read More
How much do you really know about investment property? Accurate... Read More
In a previous article we introduced you to the concept... Read More
A bit about VeniceVenice, Florida was named by an early... Read More
Human nature being what it is, none of us can... Read More
Alphabet Letters after a person's name seem to bestow some... Read More
Renters are often in a quandary as to whether it... Read More
So you're interested in entering the world of property management?... Read More
To become a successful real estate investor it's vital to... Read More
As a Professional Real Estate Inspector I get to see... Read More
What if you could "place an order" for the construction... Read More
Are you one of a growing number of people considering... Read More
It is no secret that the current real estate market... Read More
In this article, you're going to discover new techniques for... Read More
To own a home is one of the dreams every... Read More
Everyone knows that at the end of a home inspection,... Read More
When it comes to investing, everybody has certain goals and... Read More
Hopefully all goes smoothly when you purchase your home. In... Read More
The majority of people in the UK who are looking... Read More
The typical landlord starts off life as a light hearted... Read More
HOW TO SELL YOUR HOME FOR TOP DOLLAR1. Make your... Read More
I was a landlord for a decade, and I believe... Read More
Finding the right buy to let mortgage is crucial to... Read More
Curb appeal is the most important challenge you'll face when... Read More
The housing market has exploded in the last five years,... Read More
As Realtors, we are often asked, "When is the best... Read More
Selling your home? Here are some suggestions to help you... Read More
Real Estate Agents play an essential, critical role in the... Read More
People sometimes confuse a home inspection and an appraisal when... Read More
PastSpecialized, niche home builders began constructing resource-efficient, environmentally sensitive homes... Read More
How much do you really know about investment property? Accurate... Read More
This is not an article about tricks for 100% (no... Read More
A REAL ESTATE STOCK PLANGetting out of the bleachers and... Read More
Questions Sellers Should Ask in Agent Interviews:1. Is your license... Read More
Property Condition - Seller's What to Expect During the Inspection... Read More
My husband and I were eating breakfast at the Good... Read More
Just like most things real estate investing can be broken... Read More
A bit about VeniceVenice, Florida was named by an early... Read More
How do you decide whether to sell your home (or... Read More
Fixtures, related to real estate, are items that were originally... Read More
Condo hotels are one of the hottest products in today's... Read More
Closing costs are often the last thing a person thinks... Read More
How do you find a house for ten or twenty... Read More
Maybe you're moving to a larger home to accommodate a... Read More
Real Estate |