With high demand but little to no inventory, as an agent you may be stuck wondering how to stay ahead in this chaotic market.
Navigating a gridlock market is no small feat, but instead of sitting back and waiting for the market to change to make your next move, use this time as an opportunity to evaluate your business and set yourself up for success in the months to come.
The only constant (especially in real estate) is change, which means inventory will eventually increase. Capitalizing on the opportunities you have while business is at a standstill will set you apart from other agents once the market returns to equilibrium.
Invest in Yourself
According to the National Association of Realtors, 68% of people who work with a real estate agent found them through referrals, which is why nurturing relationships is critical for sustaining a healthy book of business.
Whether that means sharing engaging social media content from our Agent Content Library, or partnering with your local Renovation Sells Owner for a happy hour or networking event, create opportunities that will help you maintain a strong presence in your community. That way, whether someone is looking to move or knows of someone who could use a great Realtor, you’ll already be top of mind.
Remember - people don't buy businesses. People buy people. Spend time building a strong personal brand, both online and in-person, so when the market does turn around, your network knows who to call when they are ready to make moves.
Sell Potential
Just because the market is in gridlock, doesn’t mean your business has to come to a halt. Find creative solutions to the current frustrations that come with low inventory. Because the truth is, in a market like this, move-in ready homes are unicorns, and yet that’s still what buyers are demanding.
Show your clients the potential of an outdated home, and let us handle closing the gap between what is and what’s possible.
With Renovation Sells in your back pocket, buyers don’t have to settle for what exists on the market. They can create their the home of their dreams quickly and hassle-free.
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