Agents and real estate professionals from around the country have reached out to me to ask for the best practices for managing the impact of COVID-19 on your real estate business.
Truthfully, there is no right answer. Personally, I’ve been able to apply my experience with the Great Recession where I built a very large and successful short sale and foreclosure negotiation business that is still thriving to this day. And, lots of the same tips and tools that I previously learned apply to the pandemic.
I’ve written these 5 articles below, which may provide you with some food for thought as to how to approach the pandemic survival in your own business. And, I hope you will be able to walk away with a few nuggets of wisdom.
5 Articles on How to Help Your Real Estate Business Survive the Pandemic
20 Real Estate Survival Tips for 2020 – This tongue-in-cheek list includes a little bit of light-hearted snark and some great tips for how to survive both professionally and personally during these tough times.
3 Ways to Earn Your Commission from the Couch – Check out these three ways to earn a little bit of commission while barely leaving your house.
5 Tips for Communicating with Buyers, Sellers, and Prospects During Tough Times – In these unique and challenging times we need to be even more careful and filtered with our words. You never know what people are going through, and this article makes some suggestions about how to approach buyers, sellers, and prospects.
How to Build a Recession Proof Business Model – In this article, I share some great ways to pivot your business in preparation for the upcoming economic downturn.
Finding Your Groove: Tales from the Dining Room – About 80% of my last six months has been spent at the dining room table, my new home office. In this article, I share some tips for how to get your home office game ready for another several months indoors.
One Final Idea
At my brokerage, Broadpoint Properties, we’ve started to really “home in” on the concerns of buyers and sellers. To that end, we have created the infographic below which we are sharing in many aspects of our business and social posting. We really wanted to spread the word that people can do a totally safe real estate transaction during tough times. And, we’ve gotten positive results from our graphic.
If you like it, feel free to make your own with the same text or some version of the same text. How are you surviving the pandemic? I’d love to hear what you’re doing and whether it is bringing you success.