How Agents and Realtors Can Fast Track Success in Commercial Investment Sales

June 15th, 2011 by admin No comments »

The commercial real estate market is special and has to be fully understood if you want to be successful as a commercial real estate agent. To attempt to sell a commercial property without full market and product knowledge is fraught with danger and liability.

So here are some of the top 10 rules to help you get your career going in commercial real estate and prepare yourself for success in sales.

  1.  Check out the current listings in the commercial property market and see what other agents are active.
  2. Find out what legislation impacts the sale and lease of commercial and retail property. Research and get to know that legislation.
  3. See how the other agents promote property locally and if there are any preferred methods of promotion or sale in your market.
  4. Get details of prices achieved with sales over the last 24 months and look for trends. The prices will need to be broken down into property type and price per unit of area.
  5. Inspect previous property sales and listings by driving past them, to see just what they were all about. Decide what attracted a buyer to the property. Understand how long these properties may have taken to sell, as this will be a governing factor in future sales and marketing. We call this time on market.
  6. Identify what property type is popular in your area and know why that is the case.
  7. Research the local business community to see what businesses are active and what they need in occupancy to run their business.
  8. See what growth is coming out of the business community in the coming 5 years and assess how that will impact the property market. Look for the growth factors and any threats that can change the market. » Read more: How Agents and Realtors Can Fast Track Success in Commercial Investment Sales

How Agents and Realtors Can Improve Search Engine Rankings for Better Internet Enquiry

June 13th, 2011 by admin No comments »

As we all know the internet is fast becoming the main and best way to advertise commercial and residential property for sale or lease. Given that all real estate agents are using the same promotional method on the internet, we now need to give solid attention to search engine rankings if we want to be seen as a credible and relevant real estate specialist in the local area.

Why Do It?

In most cases, real estate is searched and sold on a location basis. The buyer will look for property based on location first and type of property second. The same applies to tenants. Your primary goal should therefore be to rank on the first page of Google when someone puts your city and suburb plus ‘real estate’ into the search engine. Try it yourself now and see what happens.

Almost all agents have a website and are likely to be happy with the way it looks and works. There are a couple of other steps that can be taken in addition to your website, that are free and very effective. So let’s look at them.

The Choice

First and foremost you must decide whether you want to improve your office name or your personal name on the internet. It really just depends on if you run your own business or work for another person. Make the choice and then go to the next step.

The Next Step

The most effective ways to add to your selected image (office or personal) on the internet is through:

  1. Article Marketing, and
  2. Writing Blogs

Like it or not, these tools really do work very well to improve your ranking on the search engines when used in conjunction to the other standard website and internet marketing methods. They should both be done together, and they are both free.

When you use these together with the other things you already do, the internet will see you more and rank you higher. Search engines love article marketing and blogs, it’s that simple.

Now something needs to be said here that will stop some of you immediately, and if that is the case then that is fine (it narrows the field for those that choose to continue). The process I am talking about here requires daily focus on writing and posting a few things. It will take you up to a couple of hours per day (or at least one hour). The best time to do this is in the morning before you leave to go to the office. You will need to use a computer and be somewhat proficient at putting words together on local relevant real estate subjects; you have to be creative.

If those factors are something you cannot handle and find in your day then do not proceed down this path. For those that want to continue with this strategy, simply seek out one or more high ranking article marketing sites and blog sites, become a member of both, read their rules and start writing about real estate in your area. » Read more: How Agents and Realtors Can Improve Search Engine Rankings for Better Internet Enquiry