Real Estate Best Practices
If you want to increase business productivity in the second half of 2012, there are several real estate best practices you need to follow. Consider these guidelines for enhancing and expanding your real estate asset management skills.
- Operate with a business plan: Most of the leading real estate brokers and agents in the country have a business plan. This real estate best practice creates a focus and establishes guidelines for a better chance of meeting your objectives.
- Add investment real estate to your business repertoire: A growing number of domestic and foreign investors are becoming interested in real estate investments. You have the opportunity to get ahead of the game and attract these investors by adding investment real estate to your areas of expertise.
- Create an online presence: You need a strong online presence because about 87 percent of consumers begin searching for real estate property online. Make sure you incorporate a blog into your efforts because it can help you generate 55 percent more web traffic and seven times more leads.
- Take advantage of mobile marketing: Ninety-three percent of adult Americans own a cell phone, and about 98 percent of all received texts are opened and read. This makes mobile marketing about four times more effective than web marketing! Utilize this real estate best practice to give consumers what they want: immediate property information on their phone via text messages, QR codes and automated phone calls.
- Build relationships with your sphere of influence: This is imperative for generating referrals and creating repeat customers. It’s more important than ever to implement this real estate best practice because up to 60 percent of buyers and sellers were asked for a recommendation or referral by their agent in 2011. Trends suggest this practice will only increase in the coming years.
With these real estate best practices in mind, you’re ready to move your real estate business forward. Please visit First Preston HT for real estate asset management, short sales services, or other real estate information.
Source: PRWeb