One of the biggest starting questions for anyone starting in real estate is whether to choose a big or small real estate company. As you’ll see, this is a very important question indeed. During this short video, Nick Fong answers this question in a complete way. He’s the broker and founder of Ronival Real Estate, the largest real estate brokerage in Baja California Sur. That means, you can rely on his expertise.
Being the founder of Ronival Real Estatem, along with his wife Rocio, his perspective is worth listening to. His brokerage was quite a small companywhen he started it. Therefore, continue reading to uncover even more. Also, make sure to watch his video to see and hear his insight for yourself.
BIG OR SMALL: What size real estate company is best?
According to Nick Fong, the bigger the real estate company the better suited it is to serve you. But that doesn’t mean it needs to be the biggest real estate company in your region. So if you’re already an agent or ready to start your career in real estate, you must understand what you’re getting from the company. As such, you need to ask what you’ll get from them as a real estate agent – what do they provide to you?
If the real estate company is bigger, what you get from them will probably be more comprehensive. Start by asking “does it offer you marketing?” and “Do they offer you leads?” Next, ask them whether they provide you with favorable commission splits. Then, ask if they help you with your closings. Also, are they helping you find and create your new listings? Always ask these questions first. After that, there’s even more to ask…
It’s very important to find out if the real estate company offers training and coaching. Then, ask if mentoring is offered. As Nick mentions in the video, these are all things that you as a real estate agent must consider. Therefore, make sure you ask and write down what your real estate company offers their agents that work for them. “Hope this helps!”, says Nick in the video.
Avoid these real estate mistakes
Since prices are always on the rise, they have gone up from 12% to even 50% in just a short time. Additionally, there has even been 100% increases in some cases according to Nick. These increases have occurred over the last year or two years. In the video, Nick asks if you have picked up the phone and called your previous clients – home owners in Baja California Sur. Also, have you called your buyers that can potentially become sellers?
According to Nick Fong, do not take what you know about real estate and your area for granted. To explain, your clients simply may not know what you know. As Nick explains, his agents live and breath the local real estate market. To explain, they talk amongst themselves, with their partner, with their spouse, and with their kids, about what a crazy real estate market they are currently in.
In these current market conditions, make sure to let your buyers and sellers know about the current crazy market conditions. Proactively, you can prod a new opportunity for yourself, just by taking action on the phone.
As such, don’t take for granted the information and expertise that you have and not sharing it with your previous clients. That would be a big mistake and cause missed opportunities that can be developed simply by communicating on the phone.
Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions You can also schedule a time to show you around this breathtaking location.
Ronival on YouTube
See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:
Thank you for reading Choosing a big or small real estate company: Explore your opportunities. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.