Let’s do the same today with listing a house.
Why not make it a goal to list just one house this year?
You may be overwhelmed by thinking about helping clients list or buy many houses this year. But what about just one?
Here’s how I think you could accomplish that goal this year:
- Tell your friends and family that you’re getting your license and would love to help them list their home and/or help them buy a home this year if they’re thinking about moving. Start putting the word out.
- Get your real estate license online over the course of one month just by working on it a little bit in the evenings (or on weekends). It doesn’t take long.
- Find a flat free broker to hold your license so you make 100% of your commission for each listing/purchase minus a flat fee paid to the broker. Otherwise, you could end up paying 25-50% of your commission to a broker.
- Follow-up on any leads you’ve gotten as you’ve put the word out about getting your license. Be patient here as it may take some time for friends or family to be ready to sell. Remember, we have the whole year just to get one transaction.
- While you’re waiting, familiarize yourself with the MLS (where agent listings are) and start sending some great houses to family & friends that you know they might like. Also, tag along with another agent from your brokerage to learn the ropes.
- Once a family member or friend is ready, list their home and/or help them purchase a home.
- When the transaction is complete, hopefully you will make around 3% of the sales price of the house.
- Congrats! You hit your goal of having one listing/purchase this year!
Representing family and friends in the sale of their home or purchase of a new home is a great way to make extra money in your spare time to support your ministry.