Top Skills Every Real Estate Agent Needs
Being a real estate agent can be a very rewarding career choice. However, you need more than knowledge about local properties and market trends to succeed as a real estate agent. Specific skills help you stand out and build strong client relationships. Check out these top skills that elevate real estate agents from good to great. You may naturally be gifted with some skills, but you may need to learn or refine others.
Communication Skills
As an agent, you constantly communicate with clients, colleagues, and other industry professionals about various topics. Exceptional strong verbal, nonverbal, and written communication skills are a must!
Verbal Communication
Can you articulate your thoughts and ideas clearly and effectively? You’ll be explaining complicated real estate concepts or negotiating client deals. Nurturing an ability to break down complex concepts and smoothly educate others will gain your clients’ trust and referrals. Speaking confidently about the industry makes others feel you are an expert in your work. Confidence comes from:
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Developing a deep knowledge of your industry and niche
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Practicing how to respond to objections
Active listening is essential for upskilling your verbal communication skills. This involves paying attention to what others say, asking clarifying questions, and showing empathy toward your client’s needs and concerns. Don’t be afraid to start statements with phrases like:
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“If I understand you right…”
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“Just to clarify,”
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“To confirm, I heard you say…”
The attentiveness shows you care about the details, which everyone in the real estate industry appreciates.
Nonverbal communication
It’s not just the words but how your body language, facial expressions, and tone of voice convey the message. You must know your nonverbal cues and project a confident and approachable demeanor to make clients comfortable.
Ways you can ensure what you’re saying matches what signals your body language is giving, practice things like:
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Making eye contact
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Nodding to show understanding or listening
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Not folding arms during key parts of the conversation (can be standoffish or aggressive)
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Showing respect for personal space. Everyone has different boundaries
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Listen to your tone when you speak
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Practice relaxing your face and smiling
Written communication
You will be sending emails, writing contracts, and creating property listings. Writing professionally and effectively is key to building trust with your clients and colleagues. So, proof your work! Mistakes and typos happen, but when they consistently and frequently appear in your writing, it reflects poorly on your professionalism. If it’s something you struggle with, try tools like Grammarly.
Communication through text and email may be more efficient, but we must be even more aware of our word choices and how we say what we say. Tone and voice can be misread in our written communication. Build an in-person rapport early so your clients get to know your personality and work ethic before shifting to text and email.
Local knowledge
Having in-depth knowledge of the local real estate market does matter for building a successful career as a real estate agent. Know the area’s market trends, property values, and developments. Most real estate associations release market statistics on a regular schedule. If not, some brokerages have data programs you can use to analyze trends and changes in market activity.
Local knowledge further comes from putting boots on the ground. Drive the areas you want to specialize in. Discover firsthand all its perks, like how far it is to the grocery store or the quality of the local schools. Network with the developers and investors to learn about upcoming commercial and residential development plans.
Knowing the neighborhoods inside out helps you match clients with their perfect homes. Remember, they’re not just buying a house but a lifestyle. Neighborhoods help form that lifestyle. Clients will appreciate your expertise and feel more confident in your ability to find them the right property when you can detail all the advantages of that neighborhood.
Time Management
You must juggle multiple tasks at once. A single day could involve meeting with clients to attend open houses, preparing contracts for different clients, attending a team meeting, and spending an hour prospecting leads.
Those who know how to manage their time will find the most success as a real estate agent. Can you:
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Prioritize tasks, focusing on what is the most essential work to achieve your goals?
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Set realistic timelines to achieve that essential work?
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Manage your schedule efficiently to fit in those priority tasks without feeling overworked?
Effective time management ensures you give enough attention to each client and avoid letting any important tasks slip through the cracks. What they look like varies between agents, but common tactics include “blocking” time in a day for specific tasks and using calendar apps. Successful real estate agents aren’t afraid to automate tasks using today’s software tools or to delegate tasks to others.
Negotiating Skills
Real estate agents constantly negotiate deals for their clients. Learning how to find a middle ground between what your client wants and the seller’s demands is how you gain a positive professional reputation.
Being able to understand both parties’ needs and effectively communicate them is key to successful negotiations. Hint: it’s about backing up your asks with data, like what’s happening in the market. This skill can also help you close deals quickly and maximize profits for your clients.
In negotiations, watch the tone of voice. Even in tense negotiations, maintaining a level head and calm tone shows professionalism and will earn you respect. The opposite tanks it fast and will earn a reputation as someone hard to work with.
Integrity
Never underestimate the power of integrity. Clients trust agents with their biggest investments and a ton of personal information. Maintaining their trust by being honest and transparent in all transactions is essential.
Integrity means adhering to ethical standards, following laws and regulations, and always putting your client’s best interests first. This builds strong client relationships and earns you a solid reputation within the industry.
Marketing Expertise
Among the top real estate agent skills are attracting potential clients and effectively showcasing properties. The best real estate agents know how to market themselves and their listings in a way that stands out from the competition. They have clearly defined their value proposition and built a message around that.
To get their message out there, they utilize multiple marketing channels such as social media, email campaigns, property websites, etc. Having a strong online presence is crucial in today’s digital age.
Exceptional real estate agents nurture an eye for design and know how to present properties in their best light through professional photography and staging. They know how to create attractive social media images and videos that appeal to target buyers. They refine their marketing strategies to know what’s working, when, and how.
Refining your real estate agent skills
Continue to hone these skills, and you’ll become an exceptional real estate agent with practice and dedication. Keep learning about industry trends and changes, and be your market’s trusted real estate professional. Never stop improving and honing these skills so you keep adding value to your skills.
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Preston Guyton
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