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One of the most asked
questions is " When can I expect to have my first sale?" This is a question
with no specific answer as it will depend on what activities you have been
doing to generate leads. When you first start in the business you should
first of all let your sphere of influence know that you are now in the real
estate business. Usually an introductory mailing to your friends and family
is the first place to start. A phone call is always better or even a follow
up phone call after your mailing. Often this will reveal someone that is
looking to buy or sell and may result in a sale or listing.
Open houses are also a
great opportunity to get in front of potential buyers and or sellers. Of
course you most likely will not have any of your own listing to sit so the
best thing to do is leverage the companies current inventory. Often times
this is another lead generator that may lead to your first sale. I suggest
holding open houses each Saturday and Sunday at first as these are the days
you will receive the most traffic.
These are a few areas
that might bring you that first sale and there are many other things you can
do to generate business. Your first sale will be the result of hard work and
persistence. You can certainly expect at minimum your first sale within your
first six months or sooner. You must be patient because the buyer you meet
today may not find a home for 30 days or longer and then that sale most
likely will not close for another 30 days. It is recommended to have a
minimum of six months living expenses in reserves. |