There are many different of career paths you can take when deciding to live as a location independent freelancer. It has become more common as time passes for people to step out of the office and to look for opportunities that allow them to roam the world and work at the same time. Being a real estate agent is being a trick of all trades as the one who analyzes, markets, negotiates and finally sells a property.
A real estate agent tends to cater to their clients needs making sure to clear their agenda on a Sunday or a weeknight, even to the point of working more than the normal 40-hour week. So it seems that this would be a perfect match for a location independent individual, who can make a business in his local neighborhood while he’s living there. First things first, you do have to realize that this will be a business, which means it will require investing your time and sometimes money.
Some real estate agents will even look for a virtual assistant, which is another career path for digital nomads and you can read more about on the Royal Holiday Jobs Blog. Having a VA will come in handy, because this is the kind of job you really have to love and be all in for, and you’ll need a VA to help you keep things in order. Of course, it’s common knowledge that selling is not easy by any means, but in real estate, it’s a different kind of business where you will likely not have repeat clients like you would in any other business. Although in the cases where people, due to unexpected circumstances had to move again, they would stay in the same county and look up their same real estate agent. Now, if you make a business of being an international realtor, you could easily be looked up independent of the location where your clients plan to move. If you decide that this is the business for you then here are a few things to keep in mind when setting up your business.
One of the key things here is to try to make sure you can open doors for your business and one way to do this is to make sure your strategy doesn’t only include following up on listings and trying to find buyers for property they are trying to sell, but also finding leads for buyers. Being on both sides of the business is a lot of easier nowadays with the internet and will allow you to keep your business busy. As a location independent real estate agent you will need to analyze depending on the places you decide to live whether you will depend on your income on listings or leads.
Another important factor will be the relationships you cultivate during the years. You will most likely get your new clients from word of mouth, so making sure you have healthy relationships with previous clients and network successfully with new ones will guarantee you get business all year round.
The places you live will also influence quite a bit how your business plays out because you’ll need to be part of the community that you want to help. With today’s growing online networks, you can also be part of the community by participating in the right blogs, Facebook groups or any other online social media page that can boost your reputation.
Remember that when you decide to do this, you are in fact interested in becoming a public figure. In becoming known by a wide range of people and a larger community that will allow you to grow your network and increase sales. Your public image will need to have a distinct personality that comes across to your audience as someone trustworthy and someone they’d want to help handle their real estate affairs.
Once you get into this business, you’ll realize that the more you hustle, the more business you’ll get. It is endless and you’ll need to stay on top of your contacts, relationships, leads and listings to ensure that your business is always rolling. This is where a VA will come in handy. Some things you’ll need to do yourself, but there are many other things that you can definitely hand over to a part-time or full-time VA, depending on your workload.
Make sure you get your metrics out when you’re making decisions in your business. Measuring your success and analyzing those situations that stand out will most definitely come in handy when planning the future of your business. When measuring results don’t just rely on the final sale, but also take a look at prospects and their process from beginning to end.
At the end of the day, you’ll need to set up your real estate business as if you had a fixed office, and then add to the mix social networks, international scope and communities, and online access to leads and listings that you can follow up on once you’ve settled in your dream location.