RE/MAX Bayshore Blog

Double Your Network and Double Your Success

Written by RE/MAX Bayshore | Feb 13, 2023 9:45:00 AM

To amplify your impact and double down on success as a real estate agent, it is paramount to construct an extensive network of contacts. When you invest time and effort into fostering relationships coupled with fervor for what you do, the outcome will be an extraordinary success!

Doubling down on networking could mean doubling down on your success—here’s how you can do it.

The power of networking

Networking is vital for real estate agents, as it allows them to build their client base, uncover new opportunities, and stay informed on industry trends.

Through connecting with others – from other agents and colleagues to potential customers – it becomes possible to know about properties available before they hit the market and investigate what customers are looking for.

Networking also gives agents the chance to interact with established experts in the field, which can lead to relationships that bring more lucrative deals. It is an invaluable asset that should not be overlooked.

Types of networking events for real estate agents

Real estate agents have many networking events to choose from, depending on their particular needs. Industry-specific events hosted by organizations like the National Association of Realtors are invaluable for building a professional network and keeping up with industry trends.

Alternatively, general business mixers or charity functions provide real estate agents with the opportunity to meet professionals from all walks of life, giving them a broader diversity of contacts. Regardless of the type of event, real estate professionals will find great benefits in expanding their networks.

How to make the most of networking events

Networking events can be daunting, so it pays to go in prepared. Knowing what to expect can help you make the most of your experience and ensure you get the best out of these valuable occasions.

Before attending an event, take time to research and prepare relevant questions.

Dress according to the dress code stated in the invitation - this will ensure you make the right impression.

Being punctual is a must - arriving early means you have more time for introductions, conversations and exchanging business cards.

Networking is all about connecting with people, so being friendly and outgoing is essential.

Finally, don't forget to follow up with those contacts after leaving the event - this could be by sending emails or touching base over social media.

Networking etiquette for real estate agents

To achieve success and reach the widest possible number of potential clients, it is important to establish and maintain good networking etiquette.

First, you must identify your target audience in order to ensure that you are focusing your efforts in the right direction.

Next, joining local real estate groups and attending events applicable to your profession will help to further grow your network.

Not only should efforts be made in person, but it is also paramount to get involved in different forms of social media; this can be an especially effective way of showing off listings or other types of content related to the business.

It is critical not to overlook offline networking avenues; getting out there and building relationships with contacts or potential buyers can make all the difference.

Tips for growing your network

Growing your professional network takes deliberate effort and is essential to any successful real estate career. A few steps you can take are:

  • Get involved in your local real estate community: Attend events, tradeshows and meetups. Volunteer to help out with charity or industry-related events; this is an excellent way to network and demonstrate your expertise in the field. Expand your contacts by connecting with other agents from other firms, as well as brokers, lenders and anyone else in the real estate business.
  • Join relevant online communities: Take advantage of social media platforms like LinkedIn, Twitter and Facebook to connect with potential clients or other professionals in the industry. Introduce yourself: Whenever possible, introduce yourself to newcomers in your field. A friendly introduction can go a long way towards networking.
  • Attend industry conferences: These events offer the perfect opportunity to meet and develop relationships with other professionals.
  • Connect with former clients and colleagues: Former clients and colleagues can provide invaluable leads and insight into the industry, so it is important to keep in touch.
  • Get involved in your community: Join a local chamber of commerce or volunteer with a charity; this will help you establish a good reputation in the community, as well as meet potential clients.

Conclusion

Networking is an essential part of any real estate professional's career and should not be overlooked. Taking steps to grow your network and establishing good networking etiquette will ensure you are able to make the most out of events and ultimately benefit your business. With these tips, you can confidently expand your contacts in order to secure more deals and help your real estate career soar.