Best new agent resources

[Joe Prillaman]

Hello my fellow BP Agents. It finally happened I made the jump and got my real estate license. I've been investing for the past 2 years and have done a handful of BRRRR properties in Fayetteville, NC and actively run a short term vacation rental business here in Carolina Beach, NC. I know being an agent is very different than investing in your own personal portfolio so my question is what resources have been the most beneficial to help you in your career. I am currently reading the Millionaire Real Estate Agent and would like to know your opinions!

-Joe 

[James Hamling]

@Joe Prillaman Not knowing your reasons for getting the RE license and your intended direction of things, I will have to speak more for myself as an investor who got RE license and assume we are on same wave length. 

I have found that 90% of RE agents are for lack of a better term, running in circles like chickens with there heads cut off. With that I quickly noticed what seemed like the "majority" of what agents were saying was more accurately the blind leading the blind mixed with herd-think. There was tons of buy leads here and buy leads there, do this, read that, just so much chasing of shinny things, soooo much. And than there was the 10%, not chasing shiny things, I noticed quick on that these were the real Pro's operating very systemized and organized. Also I noticed that the 10%, each was usually doing things a bit different from others, or more accurately said in their own way using some different software, little different approaches, but the 1 universal constant was there systematic and organized approach, and a focus on the long game such as database building and grooming. 

And second from that is the importance of being an expert at whatever direction you pick. If you want to do retail is that for listings or buyers, if for investing what kind of investors, get really hyper-focused and become the absolute expert in your markets for that and the rest will follow. The agents I see fail are consistently without focus or specialty and just throwing themselves at anything and everything. And when I was just an investor contracting agents I hired people via specialty, I had different agents on buy then sale because it's different, you don't go to a pediatrician for brain surgery right. 

So pick a lane, and than optimize that vehicle to best dominate in that lane. The how is going to change depending on your own focus and direction. 

All that said, I am a big fan of the Fayetville market, as an investor, not a chance in hell I would ever live there other than on-base lol. That whole arena is a desperately underserved nice in and of itself, catering to active duty investors and the base related investment housing. When my son was stained there it was a hell of a time when it came to him looking for off base housing that would work. There you go, a inch right there.