Excited to start your journey as a real estate agent? Entering the world of real estate is like a road filled with bumps, U-turns, and detours, but in the end you’ll be able to find the sweet victory that you’ve been looking for. With determination and good strategy, you’ll surely get on top of the industry’s ladder in no time.
But a dilemma that real estate agents often face is the choice between joining a real estate company or going solo. Real estate companies or a group of agents are all over the Philippines these days. It’s one of the biggest strategies that newbie real estate agents use as a stepping stone towards more opportunities.
Is joining a real estate team the right path for you? Below are some of the reasons why joining a company is not as bad as you think it is.
Why do real estate companies and teams exist?
No man is an island says an old saying. No one can really live in this world by themselves, without help from others. Real estate agents join forces to help each other and to take off all the load from one another. When you join a real estate company, rest assured that you’re not the only one who’s going to do all the work. There will be other people supporting you through the ups and downs.
It’s a good stepping stone
Starting out in the real estate industry is like being in a dark room while trying to find your glasses. You have no idea where to start looking where you should turn to next. Joining a real estate company means that someone will teach you all the ropes of the industry from getting clients and making a sale. You’ll get good training that you’ll definitely use in the future. A real estate newbie can learn all the tricks right until he quits the company and starts his own.
Huge referral network
Another benefit of joining a real estate team is the abundance of referral network. You no longer have to start from scratch and collect these names and properties out of nowhere. The referrals are already given to you and all you have to do is to generate sale from all of these.
Brand recognition
Being a part of the company means that the company’s name is on your shoulder. Their brand and influence can help you make more connections and sell more homes.
More technology and resources
Joining a real estate company also allows you access to tons of technology and resources that you might not afford as a solo agent. You can have accounts on real estate portals or attend different events that can help you grow your own connection.
Of course, being in a real estate company also has some downs. One of which is the chance of losing your freedom to experiment with techniques and having less input. If you have enough money and contacts to start on your own, then you can go solo as an agent. But if you’re still starting from scratch, then it’s for the better if you join the pack, learn the ropes, and move on when you already memorized the trail.