How To Start A Real Estate Business From Scratch

| July 9, 2019

article image
In my video today, we'll be talking about how to start your very own real estate business... from scratch! Yes, you do not need experience to do so because I will be helping you get started. Watch and listen my friend, all my advice comes from my very own experience of starting my own real estate business. I'll also be introducing you to some of my acronyms which will be your shortcut for starting up your real estate business.

Spotlight

Lannhill Real Estate

LANNHILL REAL ESTATE was founded in 2007 by two of Dubai’s most experienced real estate consultants, Sima Lannhill and Ross Gardiner. Considered one of today’s highly regarded and well-respected brands in the UAE, Lannhill Real Estate has continued to progress into a dynamic and mature business firmly establishing ourselves as a go-to agency within the Middle East.

OTHER ARTICLES
REAL ESTATE TECHNOLOGY

Why Building Lifetime Engagement is Critical for Your Real Estate Business

Article | May 27, 2021

You may have heard the often-cited National Association of REALTORS® (NAR) statistic that 90% of homeowners would use their real estate agent again, but only 12% actually do. What you may not know is the reason behind it. According to Chris Stuart, president of PLACE, Inc., the real estate industry spends more on customer acquisition than any other industry but doesn’t invest the same amount in customer retention. The numbers back him up, with companies like Southwest and Marriott spending less than 3% of their marketing budget on customer acquisition, while the real estate industry spends a whopping 20% of its marketing dollars to add customers, only to lose them as they leave the closing table. Of course, retention in real estate is made more difficult by the fact that the average time between real estate transactions is five to seven years, not just a few weeks or months as it would be for retail or travel companies. Looking at other industries that focus more on customer retention, they do so not by offering a host of random services, but by creating a customer experience that brings people back over and over. With that in mind, here is a tactical approach that will allow you to prove your value month after month—for years to come.

Read More

How REALTORS® Can Take Advantage Of 2020 Marketing Trends

Article | May 27, 2021

Word-of-mouth is great, but it’s often not enough to generate the leads you need in your real estate business, especially if you’re just starting out.But rather than waffle around trying all the available online marketing strategies, we’re condensing the research down for you.Here are the best of the best 2020 marketing trends that you can put to use today.

Read More

Using Spatial Data to Make Commercial Real Estate Decisions

Article | May 27, 2021

DFW has record low unemployment rates of 2.9 percent as of December 2019. The workforce gap between retiring baby boomers and up-and-coming workers is causing a labor shortage and skill gap. Large tech companies are offering aggressive compensation packages to beat out the competition. And never mind your corporate culture, workplace strategy, and proximity to hip coffee shops. These are real challenges for business leaders that require data to make the right decision for their organization. Solutions are out there, but you need a fresh perspective using data. There are hundreds of factors to consider, such as education levels, local workforce skills, or market sustainability, but let’s focus on age for now — specifically, the demographic age group of 20 to 34.

Read More

Real Estate Investing and Financial Literacy

Article | May 27, 2021

Taking financial literacy into consideration will assist in forming a clear understanding of personal finance, how to plan for the future, and to achieve one’s financial goals. While such knowledge could be conveyed in high school, or earlier, it seldom is. For those who wish to invest in real estate, being financially literate is crucial in being a successful investor. This often results in leaving people who lack the necasarry knowledge with the belief that they are incapable of qualifying for a home loan. The key is gaining an education in real estate. A homebuyer or investor who skips doing their homework can end up facing a costly situation that can result in further financial hardship. However, real estate is an industry that’s regulated by an extensive set of laws and ordinances so it’s better to start small and focus on a particular niche in order to avoid becoming overwhelmed.

Read More

Spotlight

Lannhill Real Estate

LANNHILL REAL ESTATE was founded in 2007 by two of Dubai’s most experienced real estate consultants, Sima Lannhill and Ross Gardiner. Considered one of today’s highly regarded and well-respected brands in the UAE, Lannhill Real Estate has continued to progress into a dynamic and mature business firmly establishing ourselves as a go-to agency within the Middle East.

Events