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You are here: Home / Archives for real estate

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Simple Tips For Generating More Real Estate Clients

December 28, 2021 by Tim McMahon

The most important key to success as a real estate agent is generating potential clients. While finding your first client is difficult for some, there are things you can do to increase your odds of success. There are many ways to find clients as a new real estate agent, but these tips have proven most successful for rookie agents.

Get Face-to-Face With Potential Buyers and Sellers

A great way to begin the process of generating clients is by getting involved in the community through volunteer opportunities at local charities or mentoring programs. This will allow you to meet potential clients and create relationships with them.

Use Your Personal and Professional Networks

One of the best ways to find your first clients is by leveraging the people you know. Ask your family, friends, and colleagues if they know anyone looking to buy or sell a home. Word-of-mouth is a potent tool, so don’t be afraid to ask for help. [Read more…] about Simple Tips For Generating More Real Estate Clients

Filed Under: Small Business Tagged With: Clients, real estate

Remodeling a Commercial Property

July 17, 2020 by Guest Contributor

Remodeling Commercial PropertyRemodeling a commercial property can be a smart move for your business. Nobody is excited to work for or with a company that has an outdated interior. The way people perceive your company matters, so you should try and do your best to present it in the best possible way. But often appearance takes a back seat to “day-to-day” operations. Remodeling can be costly, so you need to weigh the benefits against the costs. So, let us take a look at the costs you will have to pay for commercial property remodeling, shall we?

What are the factors to determine the costs of remodeling a commercial property?

The average costs of renovation or remodeling vary from one property to another. But, there are still some main factors that can help determine the costs:

  • the square footage of the space to be remodeled – the cost of remodeling grows proportionately to the growth of the square footage;
  • the state your commercial property is at the moment – new construction vs. previously-owned space – obviously, remodeling and adapting is much cheaper when a property is in a good condition to start with;
  • cost of hiring professionals – the budget you will spend on the workforce can vary from one location to another, as a matter of fact, those prices are rather volatile even within the same city or a neighborhood;
  • the cost of materials – the overall costs of the materials used will depend on the finishes you choose for your remodeled commercial property.

Downtime Should Be Considered

The days your company won’t be operating due to remodeling or reconstruction can be fatal to your business, especially if they turn into weeks or even months. This is the first thing you should think about when planning to remodel. If the projected downtime is longer than a couple of weeks, you could consider relocating your entire company to temporary premises so that your production does not suffer and you do not lose your clients.

Let’s talk about numbers, shall we?

The average price of remodeling [Read more…] about Remodeling a Commercial Property

Filed Under: Small Business Tagged With: business, Commercial, real estate, Renovation

Taking Your Real Estate Business to the Next Level 

August 27, 2019 by Guest Contributor

Owning a real estate business is one of the best ways to make a living in today’s world. It can be interesting, exciting, and lucrative, but you always need to try harder to maximize your potential. Taking your business to the next level might seem easy at first, but it’s just as hard as starting it. However, if you get properly organized and make a real plan, you can do whatever you want. If you too are trying to improve your real estate business as well, here’s what you need to do.

Invest in Marketing

Most real estate professionals generally don’t really like investing in marketing, but you need to spend money to make it. That’s why marketing is vital, and you should always be looking for new strategies. Instead of being complacent and happy with what you’ve already got, you need to start thinking outside the box. There are lots of marketing strategies you can explore, so you too can find something that will work for you. From using online resources to tailoring your web content, these will help you boost your business and start earning more.

Widen Your Scope

Real estate agents are always accentuating the importance of location, but is that really enough? Being the best realtor in your area is amazing, but that doesn’t mean you can’t do something more than that. Simply widen your scope and start covering a larger area. Take other properties into consideration and do something new. Don’t be afraid to take chances and risks because some of them will surely pay off in the future. This is the way to make your business grow and develop in the decades to come as well. [Read more…] about Taking Your Real Estate Business to the Next Level 

Filed Under: Small Business Tagged With: Agent, business, real estate, Real Estate Business, Sales

Housing Ace: 5 Ways to Prepare for a Job in Real Estate

April 6, 2017 by Tim McMahon

Being a real estate agent can be a really great career for the right person. According to the U.S. Bureau of Labor Statistics (BLS) the median salary for a Real Estate agent is $45,610 per year. Real estate brokers and sales agents help clients buy, sell, and rent properties. Although brokers and agents do similar work, brokers are licensed to manage their own real estate businesses. Sales agents must work with a real estate broker. Generally, you must be an agent for a while before becoming a broker.

According to the BLS, “Brokers and agents can represent either the buyer or the seller in a transaction. Buyers’ brokers and agents meet with clients to understand what they are looking for in a property and how much they can afford. Sellers’ brokers and agents meet with clients to help them decide how much to ask for and to convince them that the agent or broker can find them a qualified buyer.

Real estate brokers and sales agents must be knowledgeable about the real estate market in their area. To match properties to clients’ needs, they should be familiar with local communities, including knowing the crime information and the proximity to schools and shopping. Brokers and agents also must stay current on financing options; government programs; types of available mortgages; and real estate, zoning, and fair housing laws.”

The hours are unusual since you may be showing homes when other people are off of work. Since you work on commission you may work for long periods without getting paid and then receive a large paycheck all at once. Some years are better than others depending on the overall market in your area. You must be self-motivated and a “people person”. But for the right individual this can be an excellent career choice. [Read more…] about Housing Ace: 5 Ways to Prepare for a Job in Real Estate

Filed Under: Careers Tagged With: career, job, real estate

Changing Directions: Five Careers to Get You Ahead

December 11, 2013 by Tim McMahon

As the economy continues to repair itself after the fallout of the 2008 mortgage crisis, many workers are finding that a new career, or a career switch is becoming an ever-more attractive idea. There are many ways to switch careers or begin new paths in life, and here are just a few career options for people hoping to make a positive impact on their future job satisfaction and earnings.

1) Software Developer

Changing CareersLooking at job listings for working in software, you’d hardly know the world is suffering from a recession. Software development is a skill that can be developed at a university, or outside of one (self taught IT workers are very common), and salaries can be very strong. If computers are your passion, this may be the path for you. Software developers are the creative minds behind computer programs. Some develop the applications that allow people to do specific tasks on a computer or other device. According to the U.S. Bureau of Labor Statistics (BLS) Software Developers in 2010 earned an average of $90,530 per year. The BLS projects that the job outlook for 2010 -2020 expects much faster than average growth for the field.

2) Graphic Designer

Aspiring workers in graphic design can expect to [Read more…] about Changing Directions: Five Careers to Get You Ahead

Filed Under: Careers Tagged With: careers, Graphic design, real estate, Software, writers

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