Why You Should Have a Real Estate Mentor

Posted by Premier Commission on May 25, 2016 in Real Estate, Real Estate Agent

If you are just beginning your journey as a real estate agent, you may be looking for some direction and support to get started. Partnering with a real estate mentor is a great way to get off on the right foot by taking advantage of their experience and knowledge, and getting familiar with how other people manage their tasks effectively.

How Instead Of Why

By time you are starting your first job at a real estate brokerage, you have spent lots of time in classrooms, studying and taking tests. All of that information is imperative to making real estate deals because you need to understand the rules and regulations that make deals happen. Unfortunately, all of that information only tells you why you have to do things a certain way, but it doesn’t teach you much about how to actually make things happen. A real estate mentor can help you learn the negotiating skills necessary to close deals, the marketing skills necessary to get your clients, and the time management skills to keep you from getting overwhelmed once the responsibility is on your shoulders.

Mutually Beneficial Partnerships

Building a good relationship with a real estate mentor now can be an invaluable way to create a lasting partnership for years to come. When you’re in a crunch and need advice or recommendations, you will have someone that you can count on to help you out. After you have made it on your own for a little while you may be able to give your mentor advice on new marketing strategies and tools that you have found useful on your own. No matter what the topic, sometimes it’s just nice to have somebody that you can share stories with and gain insight from on a personal level.

Learning Hard Lessons

Of course, the number one reason to take advantage of a real estate mentor opportunity is that you can learn from their mistakes without having to make them on your own. If your real estate mentor has been in the business a long time, they will be able to give you a cut and dry rundown of what to expect once you are on your own. Everything from market changes, unruly clients, legal battles, pay and more is on the table. An experienced mentor will be able to answer your questions without overselling the job because they know what it’s like to really be out in the field.

Most large real estate agencies have some form of mentorship already built into their structure. They want you to get started with the best available information and tools they have, and that means letting you learn from their top agents. If you aren’t working for an agency that has already made this a priority, it never hurts to ask a local agent to be your real estate mentor. Many of them remember what it was like in the beginning, and they will be happy to help you out or can point you in the direction of someone that they believe is highly qualified to mentor you. Either way, taking the time to get familiar with a real estate mentor in your area will provide you invaluable knowledge and experience that you would never be able to get in a traditional classroom environment alone.

For more information about getting started on your real estate journey with a commission advance from Premier Commission, visit us online or call today at 1-866-309-5582. We are here to help real estate agents build their businesses by giving them the tools they need to succeed today.

Comments are closed.