The Power of Knowledge


The 18th century British poet, Alexander Pope, coined the phrase, “A little knowledge is a dangerous thing, “which is largely interpreted to mean that having just a bit of learning on a subject can lead to overconfidence.

In the highly competitive field of real estate, a little knowledge is indeed dangerous to those seeking success. With so many skilled professionals in the field, you must be at the top of your game to be competitive and one of the best ways to get there is to pursue as much education on the field as possible. Armed with knowledge, you’ll be able to venture forth with the confidence you’ve got what it takes to compete with the best agents in the country – and become one of the best.

As an agent or broker, you are required to take continuing education classes periodically to renew your license, but don’t wait until you are on deadline: build habits of knowledge that will serve you daily through our tips.

• Know your numbers. Some clients will expect you to have market statistics on the tip of your tongue and even for those that don’t, you are better off having armed yourself with local statistics. Familiarize yourself with what type of properties are selling and which ones aren’t. Be able to discuss what price ranges are selling best and how many new properties are coming on the market monthly.

• Practice makes perfect. Even veteran brokers and agents review notes before big presentations. Old school note cards are still effective for getting your spiel down and practice your listing presentation skills in front of other members of your team for their critique. This is a great way to tighten your approach and iron out nerves, for eventually, you should have you sales pitch down so well you can handle any objection. You might even record your own prospecting calls, so you can share them with team members or mentors and get feedback on your strengths and weaknesses: it’s tough to ask for criticism, but only by analysis do we improve.

• Analyze your strengths. If you aren’t confident in your strengths, you won’t be able to sell yourself to others. Make a list of your own skills and strengths. When potential clients asks why they should choose you over other agents, you’ll be able to reply with self-assurance as to why you are the right choice to sell their home or to find them the home of their dreams.

• Stay updated on industry trends. It’s important to understand your local market but it’s not enough: you must also possess an understanding of trends in the industry, from mortgage rates to legislation affecting Realtors. Read trade publications to stay up to date on current developments.

Finally, don’t hesitate to seek out agents or brokers with more experience and develop them as mentors: most people like to be asked for their advice and you can glean a wealth of information from industry veterans.

Learning is a lifelong process and as you increase your knowledge in the field, you’ll find you confidence grows, too.

Doug Spak joined Espresso Agent as a Content Marketing Specialist in 2016. Doug brings nearly four decades of experience as a copywriter, blogger, and screenwriter to his role with Espresso. Since joining our team, Doug has actively updated website content, published more than 300 blogs, and created countless social media posts.

Ready to Get Started?

Share the Secrets

Still Have Questions Or Interested In Learning More? Contact Us Today

"*" indicates required fields

By continuing I give express permission to Symphony Source, LLC/Espresso Agent to call, email, or text me. We keep your personal information safe.
This field is for validation purposes and should be left unchanged.


How an Accountability Partner Can Skyrocket Your Real Estate Business

By Doug Spak | June 29, 2024

“Accountability breeds response-ability.” – Stephen Covey INDEPENDENT CONTRACTORS The allure…

Read More

From Leads to Listings: A Comprehensive Guide for Real Estate Agents

By Doug Spak | June 14, 2024

Regardless of how long you’ve been in the real estate…

Read More

Power Closing in Real Estate Prospecting

By Doug Spak | May 24, 2024

Congratulations! Your real estate prospecting efforts have paid off with…

Read More

Real Estate Leads                            CRM                               Blog
Expired Listing Leads                     Dialer                             Why Choose Us
FSBO Leads                                      Video Email                  Today's Brew
FRBO Leads                                      Become An Affiliate    Pricing
Real Estate Farming                                                               Login
Pre-forclosure Leads

195 W Main Street American Fork, UT 84003