New Real Estate Agent

[Phillip Gilchrease]

Hi all. Phil here; I take my exam for my state license here in PA (Phila & Bucks County area) next month. I would like to know once I’m licensed how much money should I allocate towards marketing and advertising? I also plan on doing the basic lead generating by door knocking & cold calls.

As well what are the type of Marketing & Advertisement strategies that you find work most efficient and efficiently? Also how much are you spending on that? How often? And the leads conversion rate?

[Shawn Mcenteer]

Hi @Phillip Gilchrease depends on your systems.  Right now I have a system in place that generates about 50 leads/ month and cost me under $300...  It is simple and easy to learn just requires consistency and commitment.  What are you comfortable with spending and how many deals per/month are you looking to complete?