three keys ro a successfull real estate business

**lekkiproperty** · 02-24-2011, 02:12 PM

Building a successfull real estate business is not something that will happen in a day or two most especially for newbies in the industry. It requires three things to be successfull in the real estate industry namelly:
1) your time: the success of your real estate business depends on the time you feed to the business.
2)networking: building network is the soul of the real estate business most especially if you are a realtor.
3)sourcing for new idears: money don't make a business but ideas does so, getting the latest idears and technique is one of the key ingredient to a successful real estate business.

**shedsnhomes** · 02-25-2011, 08:18 AM

No one can predict the future of real estate business. And that is the reason why real estate business includes the high risk and high return as well. Thanks for your time to share this information.

**symbolproperties** · 02-26-2011, 12:27 PM

Well said. Time, networking and new ideas. That 3 items are needed for lots of different kinds of businesses, too, but since we are all in real estate, nice points for our field, I second that.

**flash.investing** · 02-27-2011, 10:33 AM

All very good points, Lekki. I would only add the more intangibles like motivation and determination. For success, it takes more than money to motivate you to true success and these motivations are mutable, they can change daily or as you mature in the business. It also takes dedication. You have to be committed and dedicated to this industry and to high standards of conduct.

**homeforsale** · 02-27-2011, 06:24 PM

It's really hard to start a business specially if you are just about to start.
And the factors you share to us is a good information to take note so that
when you are in the business you can always implement this. Thanks

**vijendrasnv** · 02-28-2011, 12:54 AM

It is good to know all the keys in real estate and better to implement all that so that one can get successful in this business. Also, it is better to implement the ideas that will help in getting successful.

**MrPolarZero** · 02-28-2011, 09:29 PM

the first key is definitely true. In this type of industry, you must devote your time and effort if you really want to compete with other firms.

**Dallas Real Estate** · 03-01-2011, 10:48 AM

I uld like to add couple more like persistency, lead generation, motivation and doing the right thing for all of us. In addition to these while selling homes in Dallas area marketing plan and goals are other important steps.

**Mahesh** · 03-02-2011, 10:39 PM

Indeed...Time is very crucial aspect in the business of real estate investments. It can make or break your deals and business at thunder speed and hence utmost care must be taken. Networking also helps a lot. That is the key to getting most convertible deals.

**James_alex** · 03-02-2011, 11:39 PM

Networking and getting associated with different other agents and realtor is very beneficial in getting successful. Also this industry needs reputation so that one will get many references.