Networking for Real Estate Agents

August 15, 2024
Growing Your Business

If you’re new to the real estate industry, you’ll quickly learn how crucial networking for real estate agents is to your success. Not only can networking help connect you to potential buyers or sellers, but it also helps build your network of peers to support transactions. 

Of course, being new to the industry can make networking that much harder to get into. That’s why we’ve put together the ultimate guide. Here, we’ll cover the top tips and best practices for networking successfully. 

So, keep reading to learn everything you need about networking for real estate agents from the leading educators in the industry, NCI. 

Networking for Real Estate Agents: Where to Start 

In real estate, it’s essential to continue growing your leads. Networking can help. As we mentioned, it will also help you meet influential partners who can support your business. 

Now, without further ado, here’s where to start networking for real estate agents. 

  1. Join Associations or Groups 

Associations or industry groups are more influential in the real estate industry than nearly any other. Joining professional associations or groups is vital for real estate agents to network and build a solid professional presence. 

Organizations such as the National Association of Realtors (NAR), state associations, and local real estate boards provide many opportunities to connect with other agents, industry professionals, and potential clients. 

Membership in these associations also often grants access to exclusive events, resources, and educational materials that can enhance your knowledge and credibility. Additionally, these groups are excellent platforms for exchanging insights and experiences, which can help you stay informed about market trends and best practices.

  1. Be Active in Industry Events 

The groups and associations you join will also often host industry events, such as conferences, trade shows, and seminars, that you should actively participate in or attend. These events are educational and offer unparalleled opportunities to meet a diverse range of professionals, from fellow agents to mortgage brokers, property managers, and investors. 

Being active in these events—by participating in panels, workshops, or even as a guest speaker—can significantly boost your visibility and reputation in the industry. It’s also a chance to learn about the latest innovations and trends, which can give you a competitive edge in your practice.

  1. Network on Social Media 

Like so many other industries, being active on social media is another way for real estate agents to network. In fact, social media has become an indispensable tool for networking in the real estate industry. Platforms like LinkedIn, Facebook, and Instagram allow agents to showcase their expertise, share listings, and connect with a similar audience, including potential clients and other industry professionals.

 Engaging with followers through regular posts, stories, and live videos can help build a personal brand and establish a connection with the community. Joining relevant groups (such as neighborhood or community groups!) on these platforms also provides an avenue for participating in discussions, sharing knowledge, and staying updated with industry news.

  1. Host Your Own Event 

Hosting events yourself, such as open houses, seminars, or community gatherings, is an excellent way to network and build relationships. These events provide a casual setting where you can meet potential clients and other professionals more personally and engagingly. You can position yourself as a knowledgeable and trusted resource by organizing workshops or informational sessions on home buying, market trends, or investment strategies. This enhances your credibility and fosters community and loyalty among attendees, who may turn into clients or refer others to your services.

Best Practices to Follow When Networking 

Knowing where to start is just the beginning. Networking well is the second part of the equation. Again, making a first impression is crucial if you’re new to the professional industry. So, here are some final best practices for real estate agents. 

  • Follow up promptly: Following up after networking events is one of the oldest and simplest tricks in the book. After the event, collect the business cards you collected and send a message to each person. This helps build bonds and form relationships that can be returned as referrals or leads. 
  • Listen actively: It’s one thing to attend the events and participate; it’s another to listen actively. Making eye contact, displaying attention, and following up with appropriate questions show the other person you’re engaged and interested in making the connection. 
  • Be professional: Even though many networking events can be fun, it’s crucial to remember you’re there for professional purposes. Act professionally and be courteous in any networking interactions or post-event follow-ups. By being responsive and displaying your dedication to the industry, that person will be more apt to choose to work with you in the future. 
  • Plan ahead: Do your research before events, gathering information on the particular group or members of the group that may be in attendance. This will provide a game plan for who to talk to or who to gravitate toward while you’re at the event. For instance, are you there to seek a mentor? Are you there to increase referral sources? Who can you make connections with to do so? Even more, be sure you have a system or process for follow-up post-event with a CRM or other. 
  • Build relationships: It’s not just referrals or leads you’re looking for; it’s also ideal to build relationships with other vendors and partners. Consider attending other types of networking events for building associations or other like-minded industries where you can make connections for success. 

The Final Word: Networking for Real Estate Agents 

With this guide to networking for real estate agents, you’re ready to impress. But remember that staying ahead of the game and on top of yours is another way to succeed in the industry. To do so, staying up to date with continuing education is key, as is having an educational partner you can trust.

Meet NCI, Michigan’s leading real estate certification and training school. We offer various continuing education courses online and in-person for various types of learners and continually update our collection of educational resources to support Michigan real estate agents. 

With NCI, you can level up the way you sell real estate in Michigan. Contact us to learn more, or check out our most frequently asked questions before you go.

Your Real Estate Future is Promising

However, fulfilling the promise of a successful real estate future requires the right choices at the right times. The most important decision to make right now? Where you’ll begin — or continue — your real estate training. NCI Associates, Ltd. remains your intelligent choice for Michigan Real Estate Classes.

Register Today