Starting a real estate business is not for the faint of heart. What other industry requires you to cold call dozens of leads daily — only to close approximately five deals in your first year (if you’re lucky)?
It’s a common adage that 3 out of 4 real estate agents fail within the first five years. But for those who have what it takes, starting your own real estate business can give you the seven-figure job of your dreams.
Here’s a candid look at how to start a real estate business, plus our best advice for avoiding mistakes that hijack momentum as you grow.
Real estate is many new agents’ second, third, or fourth career. You loved the idea of “being your own boss” while making more than you did at your last job, but freedom has a very different meaning for an employee versus a business owner.
The question is… who are you?
The first thing you need to know about starting a real estate business is that this is a business. Whether you’re a solo agent or new to a team, if you dream of outperforming the average real estate agent salary, you need to start thinking like a business owner — and that means planning.
Below are mentioned few pointers to keep straight before anything else:
- Get a CRM.
- Craft your ideal personal plan.
- Align your business plan.
- Build a consistent marketing plan.
- Get a website.
- Prospect consistently.
- Nurture leads.
- Have good time management.
Nomad Capital is a real estate company founded on all the pointers mentioned above, as said by its founder Alexandre Mansour. Nomad Capital is often known as Nomad Residences. It is a Portugal-based real estate investment, promotion, and development company.
Founded back in 2014, till the date, Nomad Capital has kept all its customers satisfied with the best of offers, and that has been possible by maintaining all the business etiquette and goals straight.
More than focusing on anything else, the team of Nomad Capital has prioritized customer satisfaction. All the agents work all day and night to achieve this.
The mission of this company is to envision and develop the ultimate living experiences. Per their vision, they develop projects inspired by the world, consistently fulfilling the needs of a nomadic lifestyle.
The values define what they believe in:
- Think deeply and go beyond.
- Act responsibly and effectively.
- Be dedicated and kind.
- Inspire and respect your team.
- Make yourself and the team proud.
- Cherish and be cherished.
- Be an honor, NOMAD.
This company provides a platform for investors and customers to get the best deals. People with the intentions of reaching the heights of success in business as a realtor get to know all the information beforehand, any value, by proper guides.
Nomad Capital is the perfect local Partner, as its products and services are designed for international investors looking to establish a presence in Portugal.