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Increase Referrals to Increase Success

Home Best Practices
From the Experts at ByDesign Publishing
September 9, 2013, 6 pm
Reading Time: 2 mins read

rolodexEveryone has to start somewhere. Whether you’re new to the work force or only new to the real estate industry, your literal or metaphorical Rolodex might be a bit bare. But as a real estate professional, your success relies on who you know, and more importantly, who knows you. So gather your contacts to get a jump-start on increasing your business referrals.

First, start by assessing all of your existing personal and professional contacts, regardless of the industry. Although agents, stagers, and mortgage brokers are essential components to a referral network, you’ll want to include as many quality connections as possible; everyone—from a mail carrier, to a hairstylist, to a restaurateur—will have real estate needs at one time or another (or know someone else who does). But it’s important to have a strategy behind your networking. Make sure you’re making the right connections for the right reasons, and your business will soar.

Once you’ve established your existing network, look to expand in your local market. Either join a networking group or establish your own. Sign up with your local chamber of commerce as a registered business and attend their meetings. Also, consider going to business-related neighborhood association gatherings and your personal neighborhood meetings. It’s imperative to be an involved member of the community to make connections and encourage referrals.

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Beth McGuire

Beth McGuire

Recently promoted to Vice President, Online Editorial, Beth McGuire oversees the editorial direction and content of RISMedia’s websites, and its daily, weekly and monthly newsletters. Through her two decades with the company, she has also contributed her range of editorial and creative skills to the company’s publications, content marketing platforms, events and more.

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