Reminder App for Realtors - AppointmentReminders.com
A real estate agent, as defined by Cambridge Dictionary, is a person whose business is to arrange the selling or renting of houses, land, offices, or buildings for their owners. While that is a technically accurate definition of a real estate agent, it doesn’t give an accurate description of what a real estate agent does every day.
One of the most appealing aspects of working as a real estate agent is that each day is unique and different. While this can be an appealing aspect of the real estate profession, it can also offer unique challenges or opportunities, depending on the agent’s skill set.
Agents meet new people, see new places, and respond to the changing needs of buyers and sellers—which often means shifting gears at the last minute. While there’s no typical day for a real estate agent, there are several tasks that most agents do on a regular basis.
Automating your schedule with our reminder app for realtors will free up time for other tasks, increase your productivity, and improve your client communication.
Key Takeaways of a Real Estate Agents
- Real estate agents are licensed to help people buy, sell, and rent homes and other properties.
- Each day is spent on active, income-producing work, as well as on the administrative paperwork that the job entails.
- A typical day might involve spending time at the office, meeting with clients, staging and showing homes, and scheduling appraisals and inspections.
- Other tasks include generating leads, researching, marketing, and accompanying clients to property closings.
- Real Estate is a forever evolving business that each agent must adapt to everyday. There not just selling homes and such but selling themselves, each agent in themselves is a business.
Real Estate Business & Administrative Duties
Agents are tasked with a multitude of daily duties and responsibilities, from lead generation and marketing to open houses and property closings. Still, many agents start their days catching up on administrative tasks that are at the core of a well-run real estate business. A good real estate agent:
- Keeps up with local and regional market activity and industry news
- Actively research pending, and sold listings and reviews the daily MLS Hot Sheet or Activity Report
- Research listings to develop comparative market analysis (CMA) reports
- Completes, submits, and files paperwork, such as real estate documents, agreements, and records with the proper state agencies
- Plans and coordinates appointments, open houses, showings, and meetings with clients and other real estate agents
- Develops marketing plans for listings and creates fliers, newsletters, and other promotional materials
- Responds to incoming texts, emails, and phone calls
- Update websites, social media profiles, and blogs
- Process real estate documents, agreements, and lease records
- Create budgets for monthly, quarterly, and annual operations
- Update client databases
Because administrative duties can be very time-consuming, many agents hire an assistant to handle these day-to-day tasks. On one side this allows the agent to leverage their time more effectively and to ultimately be more productive. On the other side it can be a financial setback. That why many agents have turned to apps for realtors such as AppointmentReminders.com. Agents have decreased their no-shows, increased productivity by freeing up office resources, and strengthened their revenue stream. All by sending low-cost, automated appointment reminders to active and new customers.
Booming House Prices
The increase in home prices is stunning. Nationwide, house prices are up double digits over the past year (2021), and this comes after a decade of solid price gains since the housing market bottomed in the aftermath of the financial crisis. Indeed, the median existing home price — half of homes sold for more and half for less — is closing in on $350,000, almost double what it was a decade ago.
Think about the return you would have earned if you had the gumption to buy the median-priced home at the bottom of the market after the financial crisis, say with a typical 20% down payment. It comes to an approximately 560% return.
There simply aren’t enough new homes right now to meet demand, and the vacancy rate for homes for sale has never been lower. Homebuilders have been slow to put up more homes, especially at lower price points, given more restrictive zoning since the financial crisis, and much higher labor and material costs recently.
So, is it a Bad Time to Buy, Great Time to Sell?
On the buyer side, there are many reasons to be wary about buying currently. In addition to the cost (some economists have suggested that home prices are currently inflated by15% to 20%), inventory is low and competition is fierce. Still, these factors shouldn’t necessarily hold buyers back. It may still be a great time to enter the market for anyone who was already planning to buy and financially ready to do so.
On the seller side, there is no question that the past year has offered many opportunities. Given the shortage of inventory in most regions of the country and the high demand for homes, many rural and suburban homeowners continue to realize phenomenal returns on their properties. In some small towns, prices have soared up to 25%.
Three key factors are fueling the current low inventory and high demand for homes, especially in rural and suburban areas.
- Many millennial families were already leaving cramped quarters in urban areas for suburban and rural locales.
- Remote work, which seems here to stay, is expanding where people can live.
- Buyers who may have once preferred to invest in a new home are increasingly looking at resale options as supply-chain problems continue to hamper the ability of developers to complete projects.
Real Estate Website Best Tips
When attracting new leads and building your contacts database is to set up a real estate business page. According to a report by the National Association of Realtors, MLS websites and apps are among the most valuable real estate marketing tools that generate the highest quality of leads to real estate businesses.
How do you guarantee that your website stands out to a prospective client? Follow search engine optimization (SEO) best practices that will turn your real estate website into a solid lead generator:
- Use an eye-catching layout and design
- Make your website mobile-friendly and easy to navigate
- Include an IDX-optimized search bar on-site
- Make sure the popular Apps for Realtors such as Zillow and Redfin point to your website
- Include high-quality, professional photos, videos, and infographics
- Provide interesting and outstanding property description
- Include comprehensive neighborhood information and free real estate resources
- Include effective call-to-action (CTA) buttons
- Implement an SEO marketing strategy to ensure that your website ranks high in Google rankings
- Ensure contact information, including your phone number and email, is easy for potential buyers to find
- Include newsletter signup boxes and links to your social media profiles
The Bottom Line
Real estate agents balance their time between administrative duties and income-producing activities. In general, agents can expect on any given day to spend time at the office, meet with clients, show homes, and negotiate on behalf of clients. Still, most agents have a long and varied list of daily duties and responsibilities that can change with little or no notice. As a result, there may be no such thing as a typical day in the life of a real estate agent.
Why not free up some time and make your life so much easier and efficient by utilizing our appointment app for realtors. You can link your calendar, upload excel files, or simply use our online interface. In addition to sending appointment reminders, you can send open house notices, new listing alerts and more!
For R.Williams, it’s all about working with clients. “Most rewarding is seeing buyers in their new home, no question. Also, sellers beaming when they’re handed a check at closing. Making people happy is what drives this business.”