3 reasons why you need a real estate Mentor

What is the purpose of a Mentor?

A mentor is someone who will be a help to a new person in the industry, simply because a mentor is already successful and is able to describe the activities that are needed to make someone else successful.

If you are new to the industry, you will find a mentor will be able to help you decide what you need to do to be successful, how long it will take and then help you draft out a business plan.

To find a good mentor, I would suggest looking for someone who is currently a successful agent and then make contact to see if they will spare you some time. My experience is that successful people are willing to share their knowledge and they are more than happy to spend some time with you if you offer to buy them a cup of coffee.

Go prepared with some questions (even consider sending them the questions before you meet), ask intelligent questions and don’t try to get all the answers you’ll need in just one meeting. You may need to talk to more than one person.

So – why have a Mentor?

  1. The road already travelled. Successful people leave clues.
  2. The fast track. Everyone is looking for the quick result.  Why make the same mistakes as someone else when you can learn from their experience?
  3. Build a powerful relationship. Someone with experience who you can bounce ideas from in the future.

Here is a fourth reason just for good measure.

  1. Just as successful people leave clues they also leave breadcrumbs. There is nothing wrong with feeding off them.  They may be very happy to give you a referral or let you work on a listing with them just to get experience.

Having a mentor when you first start in industry is a great way to learn from someone else’s mistakes and rise above the crowd by standing on someone else’s shoulders.

1 Comment
  • James River Realty
    Posted at 08:59h, 25 July Reply

    This is a great guide. I agree that having a mentor when you’re starting in real estate industry is very significant, a mentor will be your guide in your first step as a realtor.

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