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Establishing a Client Relationship

Home Best Practices
By David Lereah
March 14, 2013, 4 pm
Reading Time: 2 mins read

client_relationshipThere are some things you need to know about establishing a relationship with a client. First, the relationship with your client needs to be a dual one; professional and helpful.

Establishing a professional relationship with clients is particularly important since you’re assisting in one of the largest financial and emotional transactions people make. However, being professional is more difficult than you may think. Your conduct and values are reflected in your professionalism. All client communications need to pass the “professional” test. To this end, you must determine what professional image you want to convey to your clients.

An agent/client relationship differs markedly from an agent/customer relationship. You serve a client for life. You serve a customer for the moment. Clients receive guidance and assistance on all matters relating to real estate whether they’re currently involved in a transaction or not.

By employing a longer-term view of client management, you increase your value during and after the property brokerage function. Aside from an actual transaction, you provide substantive guidance throughout your client’s life cycle. Everything you do with a client should reflect the highest level of professionalism.

Establishing a helpful relationship with clients offers numerous advantages. In many cases, real estate agents conduct business in their own community and, inevitably develop friendships some of which are current and/or future clients. As a result, it is quite acceptable for a real estate agent to maintain collegial relations in his or her own community. In fact, the combination of professional and collegial frequently generates more referrals and leads. There are a number of ways to achieve the appropriate professional/collegial mix including enrolling in community service organizations, attending local events and participating in charitable and community-centered activities.

For more information, visit www.realestateeconomywatch.com.

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