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.

Aussie mum helping to save Australia's r…

Angela Skrinos, is one of the country’s most powerful fashion icons, yet one of the least known. Founder of Raglan Fashion Warehouse Sales, Australia’s leading group of warehouse sales outlets...

6 Must-Know Studio Lighting Tips and Tri…

Light is a fundamental element in photography. It has the key role of bringing photos to life. It also generates effects that make images more interesting. Additionally, lighting defines and enhances...

5 Tips to Increase Your Business Profits

Often, the success and growth of a business depends on its profit margins. Increasing profits can be a quite challenging task, for both small businesses and firmly established ones. In...

Enjoy Secure Trading Of Bitcoin Cryptocu…

The Bitcoin Aussie System is a ground-breaking way to invest in Bitcoin, it is basically an algorithm that auto-trade for users who are investing in bitcoin payments. Here the user...

Event Horizon - 3 Tips To Ensure Your Co…

Whether it’s in your business or personal life, the role of the host is often a stressful one!  Every host wants to leave a positive, lasting impression on their guests...

Things You Need To Know Before Doing Bus…

If you’re looking for a country to expand your business into, Brazil might just be the answer. As an economic leader in Latin America and part of the developing markets...

Advantages of Starting a Business in Mex…

While Mexico might not be the first place that springs to mind when most Australians think of setting up and running a business, the ideal might not be as far-fetched...

Fertile Future: Why Sydney Continues to …

When we have such an expanse of beautiful land, and Australia continues to be associated with 'the bush' and rural areas, it can come at a surprise to some that...

Read more to improve your trading perfor…

If you are not prepared with a proper trading plan, the executions will not return profits. Instead, you will experience big losses from the trades. As Forex trading business deals...

MixMarvel successfully builds up the com…

Following a successful series of roadshows in Melbourne, Perth, and Sydney, MixMarvel has paved the way for the development of blockchain-based games in Australia. During the roadshows, MixMarvel not only...

e-Commerce is Growing in Australia Thank…

Australia and other regions nearby have been experiencing a major shift in online business. Some economists are calling this a major boom for e-commerce, and it is all thanks to...

Top 5 Ways To Make Your Website Content …

When you want to make your website content as relevant as possible, you must ensure that you have taken several steps to improve the way you write, change the keywords...

4 ways to market your business online

When small businesses get started, many rely solely on traditional forms of advertising, but the online marketplace provides a better and easier to highlight your brand. Once considered a new...

The Trolley Tactician - How Supermarkets…

Supermarkets are a tactical minefield of strategic elements designed to make you spend more whilst you are there. Getting people in the door is only part of the marketing battle...

3 Ways Your Business Can Use Drones

Australia has a wealth of businesses, both small and big, who help to contribute to a booming economy. There are thousands of businesses across the country, all in different industries...

The Top Five Myths About Being an Entrep…

Do you remember the last time you heard someone refer to themselves as an ‘entrepreneur’? It was most likely a contestant on a reality show, thinking because they have three phones...

Protecting your Super Changes (Latest Up…

Superannuation may not be a sparkling dinner conversation, but that should be. Many of us ignore our superannuation, but as we have come to the end of the financial year...

An Introduction to Forex Trading

Forex trading has become more popular in recent years. And the internet has been a major driver of its growth. The foreign exchange market, known as the Forex market for short...

5 must-try foods from around the globe

Indulging in new culinary experiences is a luxury, namely because it can be an expensive endeavour. However, if you are someone who likes to try new and wacky meals, then...

SEO to Market Your Business

Today, operating a good website is a basic part of establishing and growing your business. Once your site is up and running, you need to incorporate all the best techniques...

Choosing Flat Top Tipper Trailers

A tipper trailer can be a great asset when you need to transport bulk goods or remove rubble etc at regular intervals. Compared to standard tippers, the flat top tipper...

The Weirdest Guinness World Records

We have all dreamed of making history at one point or another. Outliving the mortal coil and being remembered for something truly amazing has been the desire of many. The...

Bill Shock - 4 Steps To Take If You Get …

Paper usually can’t punch you in the stomach, but an unexpected bill can. These powerful blows can manifest in the form of medical bills, car repairs, a broken phone, or...

Understanding Security Token Offerings (…

The market appetite for compliant crypto currencies with very high quality is only slated to grow further and that is great news for the STO model that can significantly impact...