You were probably recruited into real estate with promises of riches and freedom. A world of commission (in millions), Car giveaways, international trips, and more. Many new agents join with lots of energy and enthusiasm – ready to hit the streets and start selling. But, only a very small percentage of people get to the promised land quickly. Some might take time, while others would get the short end of the stick.

What separates the highflyers from others might be simple errors when corrected, would make a big difference. Despite having the right mindset, training, and dedication, new agents can be at the risk of errors that can tarnish credibility with potential clients.

This article will guide you on how to avoid these rookie mistakes. We hope to empower you, giving you the stable foundation to start your career as a real estate agent. If you haven’t signed up you can click here on how to become a real estate agent with PWAN. Let’s dive in.

Unrealistic Expectations Without a Plan

We understand the fantasy of closing mega deals; especially after a few months of joining. The thrill of winning a brand-new car, going on all-expense paid international trips and other incentives PWAN MAX has to offer. In reality, it might take a few months or even years to get your first big break. We have witnessed many new agents quitting after a few months when reality didn’t match expectations.

The trick is to set a realistic target and an action plan to pursue it. Consistency is key in any business; new agents must learn to put in the work and have patience for the result to show.

Understand your strengths and weaknesses. Make plans to leverage your strengths and improve on your weaknesses. This will help you to fine-tune your expertise, to stay sharp, focused, and ahead of the competition.

Not Focusing their Marketing Efforts in the Most Effective Areas

Like any other business, real estate has its target audience. This audience has their pattern of behavior: what they like, what they don’t like, Hobbies, interests, where they hang out, etc.

New realtors often seem to ignore these kinds of behavior and interests. They employ efforts marketing in the wrong places due to ignorance, negligence, and low self-esteem.

For long and short-term results, realtors should identify the ideal target audience and where to hang out. Efforts and budget should focus on penetrating these networks and marketing to them

Pro Tip – When you consistently market yourself to your sphere of influence as the Real Estate Agent is supposed to go – then you will get more business. Most New realtors make their first sale from their already existing network.

Burning Bridges after Every Transaction

As discussed in the previous article, (how to maintain a strong relationship with clients) many realtors are too quick on moving onto the next client. Real estate is a world of referral. The easiest deal you could close is from a referral from an existing client.

Realtors should be able to put the needs of clients first and maintain a strong relationship with clients even after closing the deal. Creating such a bond could blossom into a much bigger connection and a bigger benefit for the realtor. So, one real estate agent mistakes should avoid is burning ridges and missing out on long term relationship with clients.

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