Recruiting: The #1 Mistake Beginner Agents Make
The biggest mistake an agent can make when starting in real estate is to lose track of their budget. Always have an eye on when and where you are spending your money. Evaluate what you're spending it on and make sure to find out what you're getting in return. If there isn't a valuable return - get rid of it.
However, your budget is only as good as where it's being spent. The average realtor sells 8 homes a year and spends $104 a month on advertising. Last January, I sold 7 homes. It depends on how much you want to invest in your business and how successful you want to be. You should spend anywhere between $500-$1,000 a month on advertising alone to get your name out there.
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Think of a way on how we can be positively understand how things will run for our Property Investment Portfolio. We have to accept the fact that we need to learn more for our business to prosper. Take command of our investment and try to make something work for our business and that will help us be more successful in the future.
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