In any industry, figuring out what sets you apart from others can help you and your business stand out from the crowd. Doing something you enjoy while also helping you stand out is essential in marketing yourself. You want your niche to be something you enjoy doing, whether it’s focusing on commercial real estate, out-of-state buyers, or working with investors, the more you can set yourself apart from others.
If you’re starting out, it’s best to try a little of everything before deciding what you want to specialize in. As Reddit user Velocifox Digital puts it, “You never knew what flavor of ice cream was your favorite until you had been to 31 Flavors enough to taste them all. Don’t limit yourself to a specific sector of real estate until you’ve “tasted” them all!”. While you may have an idea of what you want to focus on, you never truly know if you enjoy it unless you have first-hand experience. Reaching out to other agents from your brokerage or team and asking to shadow them is a great way to experience different types of transactions.
Once you have decided on a niche, it opens a world of opportunity when it comes time to advertise yourself and your business. You can start marketing to people and areas that might be interested in that specific area of real estate. For example, if want to focus on out-of-state buyers, you might begin advertising yourself in areas that they’re coming from, such as California. Pioneer Title can help advise and/or assist with a variety of marketing materials, such as farming lists, or by helping you create mailers informing potential clients about you and your services within you niche. For more information, contact your local business development representative. •
More recent posts:
The PTC Index • September 2024
The Treasure Valley real estate market experienced a seasonal slowdown in August 2024, likely influenced by the back-to-school season as families shifted their focus from home buying to preparing for the school year. However, with interest rates continuing to decline,...
The PTC Index • August 2024
July 2024 marked a significant upswing in the Treasure Valley real estate market, with the PTC Index soaring to a two-year high of 291 points. This milestone underscores the robust market conditions steadily gaining traction throughout the year. Propelled by an...
No – The Housing Market Isn’t About to Crash…
Real estate experts and analysts have largely dispelled fears of an imminent crash, citing various factors that underpin market stability. According to a report by the National Association of Realtors, while home price appreciation may slow, a significant price...