How to be the Commercial Real Estate Agent of Choice

In commercial real estate agency, you need to be the agent of choice relative to the local area and the property type.  The clients that we serve need to understand that they are working with experts.

Top agents build their profile continually through a prospecting and networking process.  You need to do the same.  About 1/3 your business day needs to be devoted to this prospecting activity.

So let’s say that you have connected with a client and you can see a potential listing available for conversion.  Give the client some real reasons to choose you as the best agent of choice.  Here are some ideas to help with that:

  1. Meet the client at the property to inspect it together and prior to you creating any proposal or listing presentation.  This will allow you to question the client on the history of the property and the current challenges.  You can also identify any concerns that they may have when it comes to achieving a sale or a lease in the current market.  From all of this information you can construct a very well-targeted property proposal.
  2. Use a checklist for the property type when it comes to the client interview and the property walk through.  The checklist will help you with important and relevant questions, and also show your professionalism to the client when it comes to the potential listing.
  3. Your personal profile on the Internet relative to the local area and the property speciality needs to be well established.  The client is likely to check your name and or your agency online as part of making their final choice of agent.  For this reason, you should have a business related blog that relates to your market and the current property trends.  The blogging process only takes a small amount of time.  You can write a blog two or three times a week about the local area and particular property activities.  You can then link your blog to your social media activities and profiles.  You can also link your blog to your newsletter e-mail activities.
  4. Grow your database at every opportunity.  Over time this accurate and up to date database can be a clear advantage and give you leverage when it comes to winning a listing.  Show the client the size of your database and its relevance to their property listing.  You may even choose to short list a number of people from the database to take to the property as soon as the listing is approved.
  5. Get plenty of signboards into your local area.  Signboard presence is still a tool of leverage when it comes to winning a listing.

A successful commercial real estate agent will take simple steps like these each and every day as part of their business building activity.  The systems that you create will help you move ahead to a greater and more successful market share.

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