The Nigerian Real Estate market is very complex and challenging. With many people operating within and outside the framework of the law from accredited appraisers and to part time hustlers, bankers, facility managers, mortgage brokers, omo oniles, estate agents, your uncle Ojo and everything in between . You can see that with so much going on in the industry, it's a wonder how prospective buyers and sellers can navigate without running into some scam or the other. That's why it is essential to engage the services of a professional estate agent in any real estate transaction.
The hallmark of a good
real estate agent is similar in nature to a movie director, coordinating the
different players to make a successful transaction a reality. At every stage of
the transaction, the agent can play many roles from acting as a salesperson, a
buyer’s advocate, an financial analyst, a business manager, a confidante, a
negotiator, a consultant, and a marketer, just to name a few.
In the course of our 40
years of operating in real estate markets the globe we've identified a few characteristics, habits and
traits that all successful real estate professionals share.
Here are our top 10
Traits Of Highly Successful Real Estate Agents.
10. Problem solver
mindset. A successful agent enjoys coming up with creative solutions to
intractable problems or issues. The ability to bring a unique perspective to a
deal is an invaluable skill that catapult an agent from obscurity to
superstardom in a short amount of time. Many clients value such a skill and can
refer business just by simply remembering how you helped solve a problem.
9. Entrepreneurial
mindset. The desire to control your own professional & personal destiny
and live life on your terms is a trait shared by the best real estate
professionals. The most successful agents in Nigeria exhibit a high degree of
self-motivation, discipline, drive, and decision making.
8. Integrity.
An agent's personal & professional reputation is crucial to
experiencing long-term success in the real estate business. Honesty is always
the best policy when dealing with clients.
7. Tenacity. To
become a top producing real estate agent requires a strong work ethic. You must
be willing to invest the time, energy and effort needed to pursue every
potential lead, follow up with requests and aggressively work to increase your
portfolio & market your portfolio. It’s not just about putting in a lot of
time—it’s about working smart and efficiently, and doing whatever it takes to
close the deal.
6. Passion for the
industry, houses, and architecture. Having a sincere interest in houses and
building can give you an advantage over other brokers and salespersons. If your
knowledge and interest level are apparent in conversations, your clients will
see that you care about the industry and will trust to provide a fair opinion
when advising them.
5. Amiable
personality. An excellent estate agent doesn’t just sell properties—they
sell themselves. It’s important to show your true character. Also, you have to
be a good listener and care about your clients well being.People will respond
to you if you exhibit these traits.
4. Attention to
detail. Having a detail-oriented mindset is a necessary ingredient for
success in this business. You must always be attentive to the unique
needs of your clients. Also, you must be organized, meticulous, and pay
attention to both the spoken and unspoken needs of your customers. Trust me,
you will close many deals because of this habit alone.
3. Specific
understand the local housing market. A top producing estate agent
understands his community’s housing market and makes appropriate use of that
knowledge to adjust the pricing & marketing strategy of each property in
his portfolio. This breadth of knowledge enables a high performer to
distinguish himself/herself from the competition.
2. Networker/Super
connector. The most successful estate agents have a vast network of
contacts within the market they serve. By routinely going out of your way to
build connections and establish relationships you will go far in your
professional and personal life. Your friendship with other estate agents
and brokers, potential buyers and sellers, community leaders, artisans,
professionals and all the other players in your locality form the basis of
people you will serve in your business. By providing exceptional service to
your contacts, you'll find your business and life will be richer and obtain
greater meaning and fulfilment.
1. Life-Long Learner.
An excellent agent must be a life-long learner and stay up-to-date with
their products, local market, prospects and latest topics in the real estate
industry. By continuing your education and professional development beyond your
tertiary education, you'll find that the doors of opportunity will open for
you and with that will come to the expansion of your business and income.
#REMAXWEDNESDAYS
Disclaimer:
Exclusion of Liability
Our advice on this column is subject to our periodic reviews and update. Any reliance on any advice given in these columns without our written confirmation renders such reliance null & void and of no effect. Furthermore, we accept no liabilities for any outcome of such reliance.
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