Archive for December, 2009

7 Steps to Becoming a Dynamite Real Estate Agent

Sunday, December 27th, 2009

7 Steps to Becoming a Dynamite Real Estate Agent

Most real estate agents want to be extremely successful. Goals are set and then the hard work begins to reach those goals. So what steps can you take to skyrocket your success as a realtor? Here are 7 powerful steps that will get you on the road to success:

1. Realize your Potential

In order to succeed as a real estate agent, you need to see that you have the potential to reach your goals.

2. Dont Look Back

Everyone has failures or mistakes from the past. To have success in the real estate industry, you need to learn from those past mistakes and learn valuable lessons from them. After doing so, simply move forward and make better, more educated decisions from the lessons learned.

3. Dare to Dream Big

To succeed as a realtor, you need to have big dreams and aspirations. Be honest with yourself as to what you want out of life and what you want to give of your life. Allow your mind to dream and think big!

4. A Powerful Business Plan

Create a powerful business plan that will organize your strategies. This plan will be the blueprint to your success. The business plan should include prospecting, listing strategies, prospect follow up techniques, networking ideas, and ways to boost customer loyalty.

5. Dont Give Up

To reach success as a real estate agent, you must persevere through difficult times. Even Thomas Edison had to learn this. When he was inventing the incandescent light bulb, it took him more than 10,000 times to get it right. Keep striving even when the challenge seems to be overwhelming.

6. Have an Unstoppable Attitude

You need to have determination in order to succeed as a realtor. Be wary of close friends or family members that feel it would be better if you focused your attention in another direction or career. Uphold your unstoppable attitude, determined to succeed.

7. Stop Complaining

You might think there is no correlation between complaining about you difficulties and success, but there is in fact a connection. When you spend time complaining about the obstacles you are facing in you real estate career, you’re wasting so much time being negative that you are actually missing out on chances to move your career forward. Don’t think of challenges as problems, think of them as opportunities.

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6 Key Factors Successful Vacation Rental Owners Always Use

Sunday, December 20th, 2009

6 Key Factors Successful Vacation Rental Owners Always Use

If you are going to spend money advertising your vacation rental property on vacation rental websites, you want to make sure it is a success. Here are 6 things you can practice which will help ensure you receive the most “bang for the buck”.

1. SET RENTAL RATES APPROPRIATELY - If you want your vacation property to rent, you must be realistic, optimistic, but not greedy! Set realistic rental rates for your property and ensure that the rates are correct on the site(s) youre listing and regularly reviewed as the market changes. Search for comparable properties (”comps”) in the same location as yours. Only charge a premium if your property has some distinct features. And, be willing to discount your property on occasion as needed. In this business, if you lose money for a week long rental, you can’t make that up!

2. CHECK E-MAIL REGULARLY - When using an internet vacation rental property website such as http://Rentals2Remember.com or http://eVaca.com, remember your users. They are typically Internet “savvy” and probably check their e-mails frequently…especially if they have requested some info. Also, be sure your phone number is listed on sites that allow you to as sometimes people choose to just call you directly, so be sure to check phone messages.

3. RESPOND IMMEDIATELY - Vacation goers usually see a few properties that are of interest to them and then contact those owners. The faster you respond, the better chance (most of the time) you have of winning them over. There have been times I have rented properties in the past and because it took an owner 24 hours to respond, I had already chosen another property. A timely and efficient response gives the renter confidence that the rental experience will follow suit.

4. YOUR LISTING SHOULD BE ACCURATE AND COMPLETE - Be sure that your listing details are kept up to date and are complete. Review your online listing frequently to be sure that your contact information is up-to-date. Also, be sure that it is accurate on the description of your property and its amenities. This will help you with repeat customers, but will also keep you out of trouble with rental contracts or laws in regards to such things.

5. GREAT PHOTOS - It is true what they say, “a picture speaks a thousand words”. Remember, renters are considering staying at your rental based (most of the time) solely on your pictures and your word. The more pictures you show them to make them comfortable the better. Here is how I look at it. If you were going to buy a used car would you do so over the Internet without a good look at the outside/inside of the vehicle, the engine, etc? Not exactly the same but you get the picture. The more pictures you have to post the better. Be sure to have pictures of your rental amenities such as a pool, the beach, a mountain view, the lake or a golf course - these are top vacation rental sellers!

6. BOOST YOUR EXPOSURE - There are many “hot spots” for vacationers throughout the world. Before we owned property my family used to head to Destin every year. There are thousands of vacation rental properties in the Destin- Panama City Beach area. Areas like these boost your exposure by getting to the top of your sites search engine. If it costs you $20, $50, even $100 to do so but that gets you one extra rental a year, that makes it more than worth it.

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