Transform Transform May 2014 | Page 4

Mentoring to Grow How You Can Benefit From a Mentor You are only one out of millions in the US; in fact, in large cities like LA, NY, or Chicago, there are quite a few agents working these saturated markets. For this reason, working with a mentor, who has been in real estate transactions for many years, is a simple solution to learning the ropes. Rather than a book or seminars, learning from firsthand experience gives you more in depth knowledge of what they have done before you. Knowledge The greatest benefit a mentor will bring is first hand knowledge. 4 Not only of how to sell, how to stage a home, and how to find the right clients, but also knowledge of the market. A mentor can teach you how the local market works, when peak listing months are, when to try and reach out to new buyers, and so forth. They will help you understand the market, the skills you need to sell, and how to apply knowledge about your local market, to sell homes. Time Management A mentor can show you how to manage your time. If you have 10 potential buyers and are trying to work with 10 sellers simultaneously, you will be stretched too thin to provide the right amount of care for each client. Instead, focus on the clientele that will pay off; you have to focus on buyers who are ready and committed to finding a home, rather than trying to draw in more potential clients, that might turn into a moot point. Besides managing time with buyers and sellers, you need to set up a website, market your skills, use local and online ads to sell yourself, and find a team that can help you. It is far more important to manage your time, and spend more time with fewer clients, rather than spend less time with