Transform Transform August 2014 | Page 16

Finding Your Niche in Real Estate An average real estate office could have over a hundred agents, so how do you make yourself stand out among the pack? Which Niche? A great way is to find a niche that suits you. You want to find something that resonates with your passion so you can get the most for the time and effort you put into your clients. You should decide the types of people you are most comfortable working with. This can help you to narrow down what area of real estate best fits your business goals. There are several special areas of interest that you can focus on: For example, if you feel comfortable talking with banks and mortgage companies, you may want to think about going into working with foreclosures. Alternatively, if you have the ability to make people feel comfortable when they are nervous, you may find that working with first time home buyers best fits the direction of your business. • Renters • First Time Home Buyers • Foreclosures • New Construction • Neighborhoods • Price Ranges • Family Types There are more niches, but this could be your starting point for your focus. First, you have to figure out which specialization best suits your style, and your customer’s needs. This will give focus to your business and make it possible for you to tell others what it is you do as a real estate agent. 16 With so many routes to take your business, it can be hard to decide exactly where you want to go. As a real estate agent it is your job to know as much as you can about the region you work. Find neighborhoods or parts of town that best fit your expertise. Doing this will give you the ability to give your clients all the information they need to make the best home buying choice for them and their families.