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ShareIn the world of real estate, real estate agents have a history of being uneasy neighbors. However, there are certainly ways to get them to nod in agreement, and build a business relationship that is mutually beneficial.
Now, for real estate agents, the key to succeeding in today’s highly competitive real estate sector is to minimize risks and create multiple income streams—and that, of course, includes working with builders. Forging partnerships with builders can give real estate agents plenty of work today as well as in the future.
The following are some pro tips on forming a solid business relationship with builders.
Builder Open Houses Are a Great Opportunity To Get Your Foot In The Door
Now, hosting open-house events to show off models home is a market technique builders frequently use. So, how can a real estate agent use this to their advantage? Well builder open-houses and other exhibition events provide them with a superb opportunity to meet builders and other industry leaders and establish connections.
You can spend time getting to know the builders’ new products, projects, and communities, and even ask for personalized tours to establish a better relationship with them.
Just Reach Out
One of the simplest and easiest ways to get noticed by builders and potentially create partnerships with them is by just reaching out to them. Email them, call them, or connect with them through social media and set up a meeting.
This meeting may start with you requesting a tour of a new community, from where it can progress on to discussing what you can offer that will help them increase sales. It’s worth mentioning here that builders stand to gain a lot from establishing partnerships with real estate agents as well. For instance, they get immediate access to a large, established base of homebuyers. Therefore, it’s likely that builders will be open to speaking with you.
Respect The Builders Rules
When it comes to working with real estate agents, builders may have certain rules, such as co-op policies. Respecting these rules can go a long way in forging a good builder-agent partnership. Remember, this partnership will not only deliver benefits today, but also in the future.
And what are these benefits? Well, aside from the commission checks, real estate agents get the chance to increase their listings, tap into the new home buyers’ market, and enhance their portfolio.
Builders Update has revolutionized the process of buying a new construction home, helping homebuyers find new construction homes and communities with complete, updated information. Get in touch with us for further information.
