15 Mistakes Realtors® Can Make If They're Not Careful
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Have you ever made a mistake? I know it's a stupid question. The fact is every one that's ever lived has made a mistake. (If you think you've never made a mistake then this post isn't for you.) And I guess the goal is to correct our mistakes and work hard to avoid making the same mistake twice. Of course, it is. Even in the real estate business. And if you are a real estate professional, have you ever made a mistake in one of the following areas - and to this day you find that you're telling yourself, "I will never, ever, ever do that again after what I went through"? Here are 15 mistakes realtors can make if they're not careful in no particular order (do you have any more I can add?):
15. Not getting a Buyer's/Broker agreement signed up front.
14. Referring to other realtors in a less than kind manner.
13. Not doing your homework.
12. Not getting the appointment.
11. Not showing up on time for an appointment.
10. Not getting client's phone number or contact information.
9. Not asking whether a potential client is already working with another realtor.
8. Not asking for the order.
7. Not proofreading your work.
6. Not clarifying what the client's needs are.
5. Not making sure a buying client is pre-qualified for a loan.
4. Not returning phone calls in a timely manner.
3. Not following up with clients.
2. Not establishing a business presence using online social media.
1. Not being honest with clients.
15. Not getting a Buyer's/Broker agreement signed up front.
14. Referring to other realtors in a less than kind manner.
13. Not doing your homework.
12. Not getting the appointment.
11. Not showing up on time for an appointment.
10. Not getting client's phone number or contact information.
9. Not asking whether a potential client is already working with another realtor.
8. Not asking for the order.
7. Not proofreading your work.
6. Not clarifying what the client's needs are.
5. Not making sure a buying client is pre-qualified for a loan.
4. Not returning phone calls in a timely manner.
3. Not following up with clients.
2. Not establishing a business presence using online social media.
1. Not being honest with clients.
Labels: lake tulloch real estate, mistakes, real estate, real estate mother lode, real estate twain harte, realtor, sonora real estate
7 Comments:
this is basic but sometimes can really be forgotten. always check the information because it pays to double check.
This really could apply to any one, but my biggest mistake as a Realtor is not sticking to the schedule I create for myself.
A couple of more related mistakes, not completing the agreement of sale correctly, for example our state has a box to tick that limits the seller to the deposits for liquidated dameages.
And not reading the complete agreement of sale to make sure you know the full terms of the offer, for example did you miss the sellers assist they asked for?
Don't you think #9 is a big part of why we have such a used car salesmen reputation?
Excellent post. All of those points are so basic but oh so true. I like the first one with buyer's agency/brokerage/contract. We are ALL guilty of that one.
Greetings, The thing is as soon as you meet someone your wanting a signature from them, no wonder they don't trust Realtors.
I would like to see the agency information be made part of the Sales contract.
I'm not even in real estate but I'm a fan of your blog! I thought those steps were simple and important..it's so easy to get caught up in putting out fires that you forget the basics and that's where you get in trouble. At least that's what's it's like for me over at Financially Digital. Nice post!
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