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
Real estate web design requires you to do things a... Read More
There is curently a huge real Estate boom in America... Read More
You could be facing a dilemma when considering payout options... Read More
Property Investing Secrets:How to Sell to 100% of the Market... Read More
There are numerous advantages to owning a home. One of... Read More
By this point and time, many people have heard about... Read More
What is a "distressed" property? What is "bargain" real estate?A... Read More
Owning a home is the original American dream. It's the... Read More
If you've followed any of the major survey agencies around... Read More
Let's say you've had your home on the market for... Read More
Kirk and Tina Sczepanik had a dream. They wanted a... Read More
Many homes remain unsold for a long time because they're... Read More
As the buy to let market continues to go from... Read More
I had a hard time at first with real estate... Read More
There are two sides to a feasibility study and in... Read More
Real estate appraisal for rental properties isn't the same as... Read More
How did you get into real estate investing? Did you... Read More
An estate plan can be designed by clients and their... Read More
GOLF GRABS BULGARIA!At the present time there are only three... Read More
For most of my adult life I had thought about... Read More
Yes, you want to sell your home and you want... Read More
Strange and unexpected things happen during home inspections. Seldom are... Read More
With over 30,000 residents, Jacksonville in central Arkansas is a... Read More
Here below are some of the reasons why buyers may... Read More
There are many frequently asked questions and any local real... Read More
I teach students how to set up a new business... Read More
Fixing up houses to ready them for sale includes a... Read More
The Primary Residence taxation, the Residential Replacement Rollover, Sec. 1034... Read More
A large percentage of the mail we receive are from... Read More
Getting your real estate website more traffic is easy if... Read More
Any trip to Belize starts fantasies of owning a beach... Read More
You've decided to prepare your home for sale. Whether you... Read More
Buy an on-line Tenancy Agreement now. As a landlord and... Read More
You shower, shampoo, dress your best, check to see if... Read More
By this point and time, many people have heard about... Read More
Purchasing or selling a home will probably be one of... Read More
There was a time when every conversation was focussed on... Read More
When selling your home, you'll want to fetch the best... Read More
How the heck do you find a "motivated seller?"The motivated... Read More
Buy an on-line Tenancy Agreement now. As a landlord and... Read More
Delaware, and the rest of the original British Colonies, has... Read More
With the recent release from the UK's biggest mortgage lender,... Read More
Suppose you've been trying to sell your home for months.... Read More
So you are looking for an apartment to rent or... Read More
Are you seeking your little corner of sun drenched heaven... Read More
If you really want the best deals in investment properties,... Read More
Buying Your First HomeBuying Your Own Home isn't nearly as... Read More
Selling your own home can be a time-consuming and frustrating... Read More
Are you a realtor with curb appeal or are you... Read More
Downtown Minneapolis is rich with true metropolitan charm. With the... Read More
To most, owning a home is a necessity, but sometimes... Read More
You have made the decision to move to Spain and... Read More
Not Your Typical Vacation HomeWhat could be more perfect that... Read More
Owning a home is the original American dream. It's the... Read More
Real estate investments come through a variety of different options.... Read More
Most people get involved in Real Estate investing to make... Read More
Over the years several of our clients have had professional... Read More
Las Vegas is known for it's over the top hotels... Read More
Waterfront living is among the most desirable of locations in... Read More
In the superheated San Francisco Bay Area property market, foreclosed... Read More
Choosing a first home can be a daunting task, but... Read More
There's no question about it: Buying a first home is... Read More
With over 30,000 residents, Jacksonville in central Arkansas is a... Read More
One of the most effective and frequently overlooked methods of... Read More
If you are considering getting involved in investment real estate,... Read More
Boston real estate is a hot topic. Daily newspaper articles... Read More
Real Estate |