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Updated over 7 years ago,

Account Closed
  • Pleasant Grove, UT
1
Votes |
7
Posts

Winning Strategies When Hiring a Real Estate Agent for Your Firm

Account Closed
  • Pleasant Grove, UT
Posted

Hiring the right realtor is crucial for the growth of your firm. Today, real estate services go beyond putting a sales sign on a property. Technology needs to be harnessed so as to achieve quality and quick results. This, in essence, is what your company should be looking for. There were about 151, 840 employed agents in 2016. The figures are a clear show that there is no shortage of individuals in this field. So what should differentiate your pick from the rest?

Areas of Specialty

As a business, you have a unique niche that your firm is interested in. In light of this, you need an agent who specializes in that particular area. Specialization in any field allows for mastery. Based on your interests, you need to decide whether you want an agent who deals with residential properties or commercial property. There are also agents who deal primarily with condos or luxury houses. Establishing what you need helps you make an informed decision.

Marketing strategies

Marketing is the backbone of real estate dealings. It is important to develop the marketing strategies that the agent will use. They should have a good marketing plan that involves digital and print media. The strategies in use need to be directed at the target market audience. When interviewing real estate agents, you need to pay attention to how they market their properties. It is important for them to have a sales team. This team must be current and up to date with the latest marketing techniques. This means that they need regular sales training to remain efficient and relevant.

Local area Knowledge

Market dynamics are different based on location. A real estate agent for your firm needs to understand the local market. They should know the priorities of people in that demography. As a business, you want to be in tandem with the needs of the people. You are only relevant if you can provide solutions based on what people need. A real estate agent should also be aware of any new and upcoming developments that your company can embrace. You need to ask these questions so as to test their knowledge of the local area.

Likeability

Real estate dealings mainly involve talking to clients directly. It is not enough to get a competent real estate agent; he needs to be likable as well. He should have a knack for connecting with your clients and instilling trust. Interpersonal skills are therefore of critical importance in the agent you choose. If the person you are interviewing does not strike you as friendly or likable, then your clients will share the same views. You can ask for a demonstration on how he would handle a difficult client. At this point, you also need to test his listening skills. Remember the customer is king in any business transaction. In light of this, you want to hire an agent who will take the time to listen to what the client wants. This can help you gauge his interpersonal skills and help you decide if he is the right fit for the job.

Terms of hire

You need to decide whether you want to employ an agent or outsource their services. This depends on the workload and the amount you wish to spend on their input. Just like outsourcing a virtual bookkeeper is extremely cost effective for accounting, outsourcing an agent will be cheaper than employing one. However, ensure that you get an agent who will be devoted to you when you need them.

Picking the right person for the job is critical in ensuring your firm’s continued growth and profitability. Above all, remember that you need to hire an all-rounded-individual who will be an asset to the business.