A prospective buyer requested the Exclusive Right to present my property to a prospective tenant recently. In the real estate world, exclusive right is general used to define a brokerage relationship between parties. For Example: exclusive agency is the employment of a particular broker. Exclusive Buyers Agent or Exclusive Right to Sell.
If there is no value in entering a contract, how can one even consider it?
REALTORS often purchase equipment for their business, but eventually find themselves using the equipment for personal reasons. What causes this cycle? Lack of research, frustration, and unwillingness to learn how to properly use the equipment they purchased. When you decide to purchase any new devices, commit to only using them for your business. We take pictures with our phones all the time. Buy a “real estate” specific camera. You’ll end up saving money and get your desired results.
I’ve seen some terrible pictures of some very nice properties. Why do agents have such a difficult time shooting good quality images?
- They don’t know how to use their camera
- They don’t know how to shoot the property
- Their broker/manager can’t shoot good images either
I’ve learned it’s easier to change your systems (equipment) and allow your systems to change your behavior, than it is to change your behavior and not your systems. To begin the process of shooting better images you need to use a camera that is simple and inexpensive. I’ve selected 3 cameras all under $250 that will help you start shooting better images of your properties tomorrow.
Reasons I’ve selected these 3 cameras:
- Wide Angle Lens
- Ability to adjust ISO Settings
Planning is the process of thinking about and organizing the activities required to achieve a desired goal. The average Real Estate Agent is a poor planner. Why is this? Who knows. Let’s call it interesting and not attempt to dissect the many reasons agent do & don’t do things. The #1 reason real estate agents transition to another company is……..a lack of a strategic plan.
If your current broker/owner of your real estate firm doesn’t have an active business plan, then it may be time to transition to another firm. Why? According to Jim Rohn, “The reason why most people face the future with apprehension instead of anticipation is because they don’t have it well designed.”
Most Transition Plans include the following recommendations:
- create a list of all current listings & pending sales, with all parties contact information
- make copies of all of your files
- create a list of all your past clients and prospects, with complete contact information
- update your photo
Why will your new Broker request you to complete these four tasks? Because your current Broker never taught you how to manage your business. These are very basic steps to running a business. What does your Broker have planned for you?