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When is the Right time to invest in your real estate business?
In this video, I will talk about when and how you should invest your real estate and each phase of your growth as a real estate agent.
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0:41 When to invest in your real estate business
Like everyone starting as a real estate agent, you will invest more time than money, as you spend your time doorknocking and cold calling,
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The next phase is when you get consistent business on a monthly basis,
And that will be the indicator that you can start investing in your real estate business,
The second indicator is when you get your budgeting in order and have a clear amount that you can spend on real estate marketing,
Here you can watch the “broke to millionaire” series:
After you set the budget, you need to commit to your real estate marketing budget.
4:19 When to hire
If you’re fulfilling your commitments to the business as a real estate agent, and it is practical for you to have an assist, you can start hiring,
And I would recommend that your first investment in your real estate business is to hire a transaction coordinator,
Then, when your real estate business starts to grow, you can hire a part-time administrative assistant.
The next step is to hire a dialer, and there are many dialer services available that you can use.
And don’t be afraid to take the step and invest in your real estate business, because you need to evolve and upgrade to grow your business.
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