8 Tips for Real Estate Brokers to Close Deals Faster

 

close-deals

The Real Estate market in India is growing at a rapid pace. A large number of properties are being sold, bought, or rented every day. In the middle of this ecosystem lies the Real Estate broker, who is majorly a first-level contact of either of the parties involved in the transaction. As there is a large number of brokers working out in each and every area, it becomes really important for each broker to follow certain best practices to remain competitive, relevant, and indispensable in the market.

Here are few tips to help brokers to cope up with this excessive competition:

1. Grow your network: Connect with other brokers in your local area and nearby places. Follow a routine to touch base with them at regular intervals and share your knowledge regarding current inventories/requirements. Meet with them even when it is not related to business, this helps in developing healthy camaraderie.

2. Know your area: Be the master of the area that you operate in. Keep a list of all active requirements and inventories at your fingertips and keep it updated on a weekly basis.

3. Use social media & always remain active: You have to available on major social media platforms and various property portals. Your customers and your competitors all are there. If you’re not there than you missing some prospective opportunities.

4. Embrace technology: Connect to the collaboration network, BroEx, which is trusted by 1,00,000+ real estate brokers of India. It gives you a platform to do what you do in a real world – virtually – in far more effective manner. It introduces you to people in your business and properties that were beyond your reach. It will enhance your contact list, and compliment you in closing deals faster.

5. Be proactive in communication with clients: Consistent and regular communications help your clients to believe in you and also builds a level of trust.

6. Motivate your clients and adapt to their needs: Dealing with multiple parties can sometimes distress your clients, you have to be an anchor to keep them motivated. You have to put yourself in your client’s shoes and understand their needs so that you can assist them better.

7. Use your previously closed deal as references: Let your new customers know the good work you’ve already done. Share with them the success stories and contacts who are happy to vouch for you.

8. Follow a schedule: A schedule helps you in time management and managing the expectations of your clientele. Below is an example schedule that you can refer to –

9:30AM – 10AM – Read listings for new customers
10AM – 11AM – Preview (See it yourself)
11AM – 3PM – Meet customers to fulfill their requirements
5PM – 6PM – Follow-Up
6PM-7PM – Post Inventories/Requirements

This is not an exhaustive list, however, prepared after conversations with leading industry experts and equal number of brokers. These steps will surely get you started in working more effectively and efficiently. Now is the time to take action!

Team BroEx

BroEx is the largest go-to application platform for Real Estate Brokers to connect with each other to network and collaborate with each other to fulfill their business requirements reliably and quickly.

17 Comments

  1. Good initiative realestate portal

  2. good tips these are valuable for business.

  3. I also comment to join the group. With good working & faithfully to company.

  4. please send me the property details it’s good site to work on

  5. BEST & VERY EASY PORTAL TO MAKE OUR LISTINGS VISIBLE TO THOUSANDS OF BROKER JK PROPERTIES BORIVALI WEST

  6. I think its a great job by them. Thank you for sharing with us. I think it would be helpful for all. fast closing

  7. Very productive information.

  8. Real Estate market tips really awesome. Thank you so much.

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  10. Very good tips it’s helpful
    In Bro Exp there is no buyer list sharing

  11. Sir, whatever u have mentioned is true. But practically speaking no agent is ready to associate with another and try to close the deal. This is my own experience. I have posted 4-5 ads till now no body has responded.i observed that there were many views of the ad.and based on that I tried to contact them and sent the details.but there was no response.i feel that each agent gives the ad and want to close by himself.i may be wrong, but this is my experience. I want to sell my own property and found no use. Sorry to say this.

    • Team BroEx

      We are sorry to this. The sole reason for us developing BroEx is to give a platform to brokers to connect, collaborate and share inventories among themselves. Please keep using the app, we assure you that there is light at the end of the tunnel.

  12. Any inqury please call for landinqury anywhere in bangalore

  13. Borexis doing wellwishers job.

  14. I just want to tell you that I’m new to weblog and definitely liked this website. More than likely I’m going to bookmark your website . You absolutely have fabulous stories. Bless you for sharing with us your web site.

  15. THANKS
    TEAM
    ITS VERY HELPING AND INSPIRING
    YOUR’S
    RISHI MITTAL
    9813390822

    • Team BroEx

      Thank you. Have a great day ahead.

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