In today’s crazy and forever-changing luxury real estate market, it’s not uncommon for the affluent to own more than one home, thus allowing a great opportunity for us as real estate professionals.
An effective way to bring in prospective new leads for you and your fellow real estate experts is utilizing the agent-to-agent referrals strategy.
WHAT IS IT?
An agent-to-agent referral is a cooperative system existing amongst real estate brokers, Realtors, and agents with the primary motive of earning revenue for both the referred and referring agent.
Among the various types of referrals in the industry, agent-to-agent referrals help the luxury real estate market flourish as they offer a win-win approach for everybody involved
The client gets the knowledgeable and experienced representation they expect with a credible reference, while the real estate professionals reap the benefits of a potential sale and reciprocation in the future.
START BUILDING YOUR REFERRAL NETWORK TODAY
Agent-to-agent referrals can be a great way to build your network of affluent leads, especially for second-home buyers who may be looking for luxury properties in your area of expertise.
The key is to build solid relationships with reputable luxury real estate professionals first in order to effectively expand your referral network.
BOTTOM LINE: Real estate is a wonderful world and profession that allows us all to be there for one another and help each other out when we get the chance!
Let’s connect further and keep the conversation going, contact me at (808) 652-0530. Mahalo!