A Day in the Life of a Long Island Real Estate Agent
Did you know that Long Island is home to about 7.5 million people? With this big of a population, it’s no wonder real estate agents in the area stay busy. But, what exactly do real estate agents do?
Read on to learn about what a Long Island Real Estate agent does in a day.
Admin Duties
A Long Island, real estate agent, may go through a variety of administrative duties in a day. These duties lead to income-producing activities. Some administrative tasks include:
- Filing documents
- Completing agreements and lease records
- Coordinating appointments
- Scheduling open houses, meetings, and showings
- Writing newsletters and promotional material
- Distributing flyers
- Implementing electronic systems for records
- Creating monthly, quarterly, and annual budget operations
- Data entry
- Developing listing marketing plans
- Maintaining clients
- Researching active and possible listings
- Developing comparative market analysis
- Responding to messages
- Updating social media and websites
An LI realtor may hire an assistant to help with these tasks because they can be time-consuming.
Finding Clients
In any life of a real estate agent, they will be searching for clients. Every person they meet can be a potential current or future client. Almost everyone needs property at some point in their life, whether they are buying or renting.
By using the lead generation strategy, realtors can find clients easier. This popular way of client searching consists of generating leads through people an agent knows already. These could be family members, neighbors, friends, classmates, social contacts, business associates, and more.
A day in the life of a realtor involves giving out business cards, attending meetings, and growing a network. Following up with contacts is just as important as getting the contacts. Spending the time to email or call potential clients periodically will ensure their business will be considered if necessary.
Direct Client Work
Life as a real estate agent means working on behalf of sellers and buyers. That means a Long Island real estate agent will spend a lot of their time throughout the day working directly with clients.
An agent working for a seller will need to endure tasks like taking photographs of the property, preparing a presentation about the listing, and staging the home to look okay. An agent helping a buyer will spend their days showing property, emailing listings, and finding listings. It is also common for an LI real estate agent to accompany their clients to loan officer meetings, inspections, and closings.
Tours and Meetings
An LI realtor may operate out of an office where meetings are held. These meetings are about sharing listings, explaining any updates, and helping other agents within the same company.
Agents may also go on tours from homes on which we buy houses. That is to get an idea of what’s out there to narrow the search for their clients. These tours allow agents to provide necessary information to their clients.
Day in the Life of a Long Island Real Estate Agent
A Long Island real estate agent always has long days ahead of them. In a booming area, there are always people who want to buy, rent, or sell houses. A day in the life of a real estate agent is a busy one, but can be rewarding and exciting.
Keep coming back for more articles that can teach you about potential jobs in your area.