How to Pick A Quality Real Estate Agency

It’s fair to say that in just about every market, demand for a product and the customers’ willingness to pay is about more than just what the product is, but also about how the product is presented. Put in another way, having a good sales team can do a lot for your bottom line. In the case of property and real estate, the difference between a good real estate agent and an average one can be huge in terms of your selling price. But what is the best way to pick the best real estate agent out there? 

Let’s take a look at a few things you can do to make sure you’ll be well looked after.

Ask for Testimonials

Being in the digital age, there’s ample information out there about businesses and companies, including people’s experiences with them. While it’s true there is a lot of misinformation and fraudulent reviews online, its usually pretty straightforward figuring out which are legitimate. Do your research on the company and store branch you’re dealing with and always ask for testimonials from the provider. They should be able to provide you with information about the house they’ve sold and their success stories with contact information to previous clients.

 

Go for A Highly Decorated Agent

There are awards that are given to exceptional real estate agents in the field, as voted by peers and people in the industry. The information is available online and if you’re a savvy researcher you should be able to find it without too much trouble. If you’re going for someone renowned in the industry, the higher price you’ll be paying is probably well worth it.

Check the Agent’s Listings

Putting yourself in the shoes of a potential buyer is a smart play when you’re researching your options regarding real estate agents. Check their current listings online and check out the presentation of the homes that are being sold. It might also be a good idea to attend any actions or open house days to get a sense of who you’re dealing with and what to expect.

Experience Is Important

If you’re serious about selling and getting the best possible price and have the budget for a top tier provider, make sure you find out how long the agent has been operating in the industry. While experience isn’t everything, it counts for a lot in this industry and if you’re working with someone with only a couple years in the field, chances are they’re still learning the ropes. That’s not to say that you should shy away from Twenty-somethings, but keep in mind that 10+ years of experience as a real estate agent is usually a sign of success.

Don’t Ignore First Impressions

Real estate agents are people that you need to warm to and feel comfortable with from the get go. While you might have the best agent in town, an understanding and chemistry between yourself and them is crucial if the relationship is going to be a fruitful one. You will usually pick up a positive vibe from a successful agent and sellers will too.


Remember that you need to take your time picking out a real estate agent when you’re selling, as doing your homework can truly make a big difference. If you’re interested in making a start in the real estate industry, speak to the team at REET today to get yourself qualified.

Useful Real Estate Tips for Successful Spring Selling

We are now officially in the final quarter of a year in which the real estate market has been very strong. The housing bubble has led to great demand for real estate agents Sydney-wide. It has also made things more competitive.Let’s take a look at some real estate tips for this spring given the current state of the economy and how to capitalize on the high number of sellers in the market.

How Is the Real Estate Industry Placed Going Forward?

With property prices on the downward swing after several months of high demand (brought on due to low interest rates and various other factors) the number of buyers in Sydney’s housing market looks to be on the verge of a plateuo. The property market has been running hot and effectively driving Australia’s economy since the mining industry slowed. However, the number of buyers is growing at a faster rate compared to that of buyers, so much so that experts are predicting a 7.5% reduction in property prices from March next year. The slowing of this market is expected to play out over the 12 months and into 2017.

As far as the real estate market goes, we can expect things to cool off eventually but for these spring months are going to see a great deal of players in the market looking to sell their homes. Now is as good a time as any from a seller’s point of view given that demand is still relatively strong and opportunities for real estate agents will certainly be presenting themselves.

But How Can These Opportunities be Made the Most of to Deliver the Best Value to Your Clients?

Be honest with your clients!

As always, it’s difficult to predict what will happen in this market. When managing your client’s expectations, be up front about what you kind of dollar value you expect to fetch on the market according to the current economic indicators. If the slowdown comes around earlier than expected, you might find that you struggle to meet expectations if you’ve overestimated interest and general demand. Make sure you’re clients are clued into the the current economic situation.

Up-to-date Marketing Collateral

Considering investing in additional marketing and advertising in the coming months. Self manageable online marketing techniques such as Google Adwords can be used relatively cheaply if you have a quality website. If you don’t, consider beefing your existing site up and providing additional info to make the most of online traffic. Marketing service providers can assist you in the process of organising business cards, brochures relatively inexpensively.

Keep in Touch with Existing Clients

It always pays to check in with old clients and find out how they’re getting on. Providing information to them about the market and when might be a good time to sell might not result in their rehiring you straight away, but can be appreciated and create goodwill and further opportunities in the long run.

Keep an Eye on Current Trends

With the market expected to show down at some point, it always pays to keep informed about whats happening from a macro-perspective to get a sense of the current landscape. The sale prices that particular homes are going for in suburbs around Sydney is also a must.

As always, make the most of your time in the lead up until christmas as thing usually slow down during this period. 

Happy selling to real estates agents and home owners looking to sell in the next few months! And for any quires, visit our Real Estate Education & Training website or call us at 02 8324 1407!

How the Boom in Real Estate Is Blooming Careers For Young Agents

The unprecedented recent growth in the housing market has not only been fueling the increment in the house prices, but also in the increment of opportunities for young real estate agents around the country. With the right qualifications and access to one of the country’s leading real estate agencies, many young agents are leading the way when it comes to property management. This career option that is growing in respectability has taken many young agents to national recognition, so how has this boom come about and how can you get to be a part of it, too?

The average house price increase that we have seen of late is driving this boom in the numbers of real estate agents in signing up to get their accreditation.

In the capital alone, house prices saw a 9.3% increase in the average price tag last year which compared to the 2012 figure of 2.1% you can see how quickly this boom is travelling.

Help funding your real estate training course

Thanks to the boom in the housing industry, the government in many states have offers help with funding real estate training courses for those who wish to follow this booming career choice. These funds were a great success and have been helping young students pass their accreditation year on year. The sector has significantly improved over the past year to bring with it countless opportunities for young people to start their career.

Real estate agent courses are available across all states to bring you accreditation for the career path you wish to follow. These courses are varied and allow students to start a career in real estate with the many different aspects that industry has to offer. If exceptional customer service, an eye for detail, and a head for business is what defines your working life then this is definitely the job for you.

There will be intense competition within this sector, so being able to understand the market, make shrewd decisions as well as being able to sell a property, then you may well be faced with the career of your dreams. With a booming house market and a boom in the number of jobs available in this sector, you are sure to find the ideal position in the various roles available to you.

An eye for detail, a head for business

There are many different roles in the real estate industry, including estate agent, salesperson as well as property manager and auctioneer. These differing roles require different abilities, but also require the overall sense of customer service and a head for business. There are also opportunities in the industry for corporate stock purchasers, valuation expert as well as support staff roles you may take before embarking on your real estate training course.

If the property industry is for you, then why not take advantage of one of the great real estate training courses available to you. In no time at all you can be learning the tricks of the trade and be in your real estate role in no time at all. With so many different positions available for you to choose from within the industry, take your time and pick the best role that suits you and you could be enjoying working the way you love.