Business Telegraph

The Entrepreneurs

Avoiding Rookie Mistakes: What You Shouldn’t Do as a New Real Estate Agent

  • Written by News Company


The Australian real estate economy remains one of the country’s most profitable sectors to build a career in. However, when you start out for the first time, it is common to make certain mistakes which can actually set your progress back by years. While some may call it experience, it’s just better if those kinds of experiences came second-hand! To help the new real estate agent identify rookie mistakes, we have listed a few grave ones which you would do well to avoid.

Ill-Management of Leads

As a new real estate agent, it is common to only prioritise high-value leads, but it’s the wrong approach. When you are only starting out, your priority should not be making profits, but it should be networking and building long-term relationships.

Do not turn away any customer, irrespective of how low value the party may seem to you, unless you are overbooked of course. What you should try to do is build long term relationships with most clients and a reputation in the market regarding how dedicated you are to the job and your clients.

You cannot hope to land the big ones if your reputation is tarnished from the get go by poor online reviews posted by your former or potential clients! By the time most rookie agents realise their mistake, it’s usually too late already, so don’t make this one, or this hole might be too deep to dig out of.

Thinking It’s Too Early for Marketing

If you are into the business already, it cannot be too early for marketing. Marketing is not a one-time or yearly event, rather it is a continuing one. The various aspects of marketing do change with time, market demand, target audience, etc. but it never really stops. When you are starting out though, you need the most exposure, which is why, you should contact a company like Yught at their official site on yught.com.au to get started on it as soon as possible.

Yught is a complete solution to everything that a young and fresh real estate agent might need to get started on marketing their business. As it turns out, agents will even find consultation services at yught.com.au, in addition to the digital marketing, photography, aerial photography (drone shots), videography, copywriting and just about everything else an agent can possibly need to get started with the real estate business.

Not Setting a Budget Aside

All that digital marketing, aerial photos, videos, phone calls and regular expenses won’t be paying for themselves; at least not initially, anyway.

Just like in every other business, most agents will need a good budget to start and there will be some waiting time before you can break even. To not be prepared with the money for the initial setup is a common mistake as rookie agents mistakenly believe they don’t need to make any investment in this business.

Not that you won’t be making any mistakes after reading what we just discussed, but now you know how to avoid the blunders at least. The rest you will learn about along the way and through experience.

Entrepreneurs & Leaders

After Black Friday, It’s All About CBD Cyber Monday

We all know the many purposes of CBD or cannabidiol. It has been able to catch the attention of many people ever since...

Continuing Medical Education - Importance

Doctors are the link between us and our health. They are an important component in the continued well-being of our...

What You Need to Know About Front End Loader and Training to Be an Operator

A Front end loader is also referred to as a loader or a bucket loader. This is a piece of heavy equipment that’s n...

Enhance the Security of Your Valuables with Lockers

Workplace or office theft is one of the things that nearly everyone is highly concerned about nowadays. It’s impor...

3 decor ingredients for the perfect guest bedroom

It is a room that is often left until the very end. At the same time, believe it or not, guest bedrooms are someth...

Major Ways in Which Technology is Changing the Oil and Gas Industry

Digitalization and technological innovation are transforming virtually every industry that they come in contact wi...

10 common signs you might be having money problems

Life can seem like it’s under control but for many people, managing finances is an ongoing issue that can affect eve...

Home Interior Painting: Is it a Good Idea to Paint during Winter?

Want to re-design your home with new paint? Discover how to revamp your interior house painting this winter and with...

7 Simple Ways to Childproof Your Home

Unfortunately, your own home can turn into a safety hazard for a small child if you don’t take it upon yourself to...

Sydney Pest Control Quick Traps Against Vermin Invasion – Effective, Fast, and Easy!

How can you be vigilant when it comes to rodent infestation? There might be one trying to sneak into your home rig...

Ozzy tyres 4x4 wheels review

The performance of a 4x4 vehicle depends to some extent on the wheels and tyres fitted on the vehicle. Hence the vehicle...

Genealogy Resources and How to Use Them Effectively

There are plenty of online and analog resources that can provide tutorials, further resources, and troubleshooting...

Redesigning Your Garden

Tired of looking through your kitchen window at the same drab garden? Are you feeling creative and have the desire t...

Five ways to help your child get a good night's sleep

It is a challenging factor for each parent to get the children on time to bed every night. Parents are dealing with ...

A Help Guide on Tow Truck Insurance

Do you have tow truck insurance requirements? If yes, then you have come to the right place. Reading this guide wi...

Businesses Must Not Ignore Men’s Mental Health

As COVID-19 takes its toll on the mental health of employees, workplaces must look to provide support Businesses ...

Things To Know About Electric Scooters

Ultimate electric scooters have been accepted as one of the most preferred modes of transportation. With the new t...

How To Choose Leather Watch Brands

Every accessory has its value and beauty to add on to the user using it. A watch, the most common accessory, is no...

Aerated Treatment Systems: The Best Alternative for Septic Systems

In rural areas with houses that are spaced widely apart, residents use onsite water treatment systems like aerated...

Would you be able to bring down business transfer expenses?

While you can agree to an online-based business account like TransferWise or PayPal or go with the great standard ...

Top 10 Office Desk Accessories You Must Buy

The design or set up of your office is one of the important factors affecting your productivity. Available space, ligh...

10 Female Inventors You Should Know About

We are all aware of the great and historic male innovators such as Alexander Graham Bell and Benjamin Franklin. Ho...

Startups to ‘explode' post COVID-19

Frenetic start up activity is imminent as business begins to adapt to a post COVID-19 economy, according to the ho...

New Tech Career Programs Opened Up For Thousands of Job Seekers

Randstad partners with veteran business WithYouWithMe to help Australians gain new tech skills Global leader in H...



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion