Strategies To Grow Your Real Estate Business

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Strategies To Grow Your Real Estate Business
By- Hamad Al Wazzan
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About Hamad AlWazzan

• Many people stress out over passing the real
  estate business, but their focus might be on
  the wrong end of the problem and keenly looking
  forward to establishing their very own successful
  real estate business. Hamad AlWazzan is
  managing director of Al Wazzan
  Real Estate, runs A successful real estate
  business in Beirut, Marrakech, Dubai, Indonesia,
  Malaysia, and Vietnam. If you want to get
  success in a real estate business, you have to
  know about the big business players and study
  about their strategies to grow real estate
  business and to achieve success goal of your
  business.

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Identify The target Business Market

• Many real estate brokers and businesses focus on
  a niche market and become an expert in that
  market. Identifying the target market is one
  of the successful steps as a real estate agent.
  This gives you an idea about whats driving
  the target market currently, what risks are
  involved, and most importantly where the
  market is headed in the short and long term.

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Make Budget for Marketing Expenses

• Another major factor in successfully expanding
  your real estate business is to develop a
  marketing budget and stick to it. There are
  literally hundreds of avenues to spend your
  marketing dollars on, such as real estate
  websites, email marketing, social media
  marketing, and postal marketing.

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Create Website and Use of Social Media

• Regardless of the market, you must establish your
  presence on the internet with the help of
  professional website, as well as dedicated
  accounts on social media sites such as Facebook,
  Twitter, and LinkedIn. These are relatively
  inexpensive, with the potential for huge
  outreach. You can also market your business on
  search engines such as Google and Bing, by paying
  for ad campaigns.

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Encourage Referrals

• Most successful real estate agents generate
  several deals through referrals from previous
  customers. A customer referral is most valued by
  a new buyer or seller.

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Respond to Customers Quickly

• We live in a world that is moving at a much
  faster pace than ever before. It is very
  important to respond to customer queries or else
  you will risk losing new business. You must
  have access to ensure that you respond to a
  customer request as soon as possible.

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Publish a Real Estate Newsletter

• If you are serious about your long-term success,
  then you may consider publishing a weekly or
  monthly newsletter with updates on current
  mortgage rates, changes in real estate laws,
  benefits of homeownership, how to develop a real
  estate investment portfolio, health checks on
  the local market, and so on.

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Develop Brand/Business Awareness

• Just like big brand businesses, your real estate
  business must also strive to develop a brand of
  its own. It could be under your name or your
  businesss name. Any real estate sales strategy
  that you apply must keep this concept in mind.

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Contact Hamad AlWazzan

• Company Al Wazzan Real Estate

• Follow on Twitter https//twitter.com/hamadalwazz
  an53
• Follow on LinkedIn https//www.linkedin.com/in/ha
  mad-al-wazzan/
• Follow on Crunchbase https//www.crunchbase.com/
  organization/hamad-al-wazzan
• https//www.crunchbase.com/person/hamad-alwazzan