Real Estate Business – Illinois Broker School https://illinoisbrokeracademy.com Real Estate Classes Online in Illinois Wed, 03 Nov 2021 09:38:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://illinoisbrokeracademy.com/wp-content/uploads/2021/09/Real-Estate-Courses-Logo-7.png Real Estate Business – Illinois Broker School https://illinoisbrokeracademy.com 32 32 SHOULD I DO REAL ESTATE BUSINESS WITH A FRIEND? https://illinoisbrokeracademy.com/what-should-i-know-when-starting-real-estate-business-with-a-friend/ Wed, 03 Nov 2021 05:05:55 +0000 https://illinoisbrokeracademy.com/?p=10586 Read More »SHOULD I DO REAL ESTATE BUSINESS WITH A FRIEND?]]> Does starting a real estate business with a friend fascinate you? Yeah, it does.

Let’s suppose that I and my friend both are interested in investing in real estate around the same time. We both start attending local meetups together, discussing books, enjoying podcasts, evaluating the trends, and reaching out to different local real estate experts.

REAL ESTATE BUSINESS SETUP

Then, the time arrives where we are both are ready to invest in our real estate business. Now, the question is: should we go out, create an LLC and do real estate business together? As per my experience, the answer is an unequivocal no.

I shouldn’t go in with a friend. The reason behind it is the way people act in a casual relationship may be entirely different than the way they act in a professional relationship when their money is on the line.

However, this doesn’t indicate that the friends cannot do real estate business together. Rather than instantly creating an LLC together, the less risky approach is to create separate LLCs.My LLC will own some portion of the real estate business and my friend’s LLC will control the rest of the business. I shall continue to use this approach for a full year to make sure we can work together effectively.

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BUSINESS TESTING PERIOD EXPERIENCE

After the year-long test period, ask the following questions about how things went:

  1. What is my firend like as a business person?
  2. How do she handle any challenges that arose?
  3. What type of character do she have?
  4. How did she react to mistakes that were made by either her,me, or a member of my team?
  5. What did she prioritize more, herself or the real estate business?
  6. What is her communication style?
  7. Did she put forth more, less, or an equal amount of time and effort as me?
  8. Is this someone I can envision myrself creating a long-term real estate business with?

Again note, whether we are long-time friends or merely acquaintances, one cannot know how another person will handle critical business decisions, disagreements, or problems until we actually experience them first-hand. Instead of jumping into a business marriage, I should test the waters by dating for a year.

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FOOD OF THOUGHT FOR BUSINESS PARTNERSHIP

Forming a real estate business partnership is a quick way to quickly scale a business. But it needs to be the correct partnership. When planning to partner up with a friend, I will not immediately go all in. Instead, I’ll keep things separate by making individual entities or by doing real estate deals separately for at least a year. At the end of the working year, if this person still stays, answer the 8 questions outlined above to determine if it is worth officially partnering up or if we should both go our separate ways.

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How Will You Drive More FREE & Organic Traffic To Your Real Estate Website? https://illinoisbrokeracademy.com/how-will-you-drive-more-free-organic-traffic-to-your-real-estate-website/ Tue, 28 Sep 2021 10:24:34 +0000 https://realestate.illinoisbrokeracademy.com/?p=3158 Read More »How Will You Drive More FREE & Organic Traffic To Your Real Estate Website?]]> Every person who owns a website is worried that the traffic might be on their webpage is low. They do check the analytics and figure out, hardly any new visitors come to their real estate website.

Well, heavy traffic on your real estate website will not happen overnight. You have to invest some of your time and work hard to get your real estate website index properly in different search engines. However, there are a few hidden paths that can help you generate traffic.

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3 WAYS TO DRIVE ORGANIC TRAFFIC TO YOUR REAL ESTATE WEBSITE

  • The most doable idea is to write good quality, highly trending blogs.You should use long tail keywords. It will enable you to get indexed if the competition on the keyword is low. This lands new users on your real estate website.
  • Use Google search console to track your real estate website’s health and performance. This will mainly give you a complete visualization in reference to the keywords used.
  • Include High Definition Images . Images are the 1st key to enter the door of good traffic.
  • Keep your sentences small and paragraph thinner. Focus on the delivery than the content.
  • Use more “I” s than “You”s. This will give the image that you actively used than you have implied.
  • Work on creating backlinks. Backlinking basically refers to making a new post, adding a link to another article on your site that someone can refer people to. You can link exchange as well.
  • You have to mantain a good balance between the frequency of articles to the content of the article.
  • Showcase testimonial and reviews.Some 88 percent of consumers read online reviews and trust them as much as a personal recommendation. If you want to improve your real estate website traffic. 
  • If the free option doesn’t work you can always use the paid option to boost your content.

Google adores new content, so when you add new content to your site, eventually Google will start following your real estate website and will populate amongst the search terms. If you want to make the process go faster, you can leverage the capital media, Pinterest, and whatever platforms you can think of, including word of mouth, to get more people to visit your real estate website.

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Final Thoughts

If you have a real estate website, you want good traffic coming to it!  That’s a pretty obvious goal, however, many real estate professionals don’t realize the importance of traffic to their sites.

By following the above tips for getting more traffic to your real estate website, you will get more traffic, end of the story.  If you’re consistent with your efforts and allow it some time, you’ll be seeing huge rewards when the traffic to your website is steadily improving!

To start your Illinois real estate exam preparation journey, get yourself enroll today in our real estate license exam preparation courses.

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What You Will Ask Before Starting Real Estate Business? https://illinoisbrokeracademy.com/what-you-will-ask-before-starting-real-estate-business/ Tue, 28 Sep 2021 06:13:16 +0000 https://realestate.illinoisbrokeracademy.com/?p=3099 Read More »What You Will Ask Before Starting Real Estate Business?]]> What questions do you need to ask yourself before starting your real estate business?

Running your own real estate business can seem like the perfect solution; you are able to set your own working hours, make your own decisions, and become more aspiring. Yet there are few downsides to start your own business. Whereas it’s mandatory to address the concerns and be sure what do you want to accomplish. Ask yourself the following questions so you know which direction to move on. 

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QUESTIONS TO ASK BEFORE YOUR REAL ESTATE BUSINESS

  1. Is your real estate services are in demand?
  2. Where will you work?
  3. What will be your real estate niche?
  4. What will be your service charges?
  5. Will you be able to create breakthrough improvements?
  6. Do you have the right people?

Real estate gurus admit that many successful real estate business startups may not have amazing answers to all of the questions. However, if you simply ask yourself, it will be beneficial for you, as you should get the ball rolling in the right direction. By conducting an honest self-evaluation, including assessing where your real estate niche may lie. You can consequently begin to form the building blocks to successful real estate business.

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Figure out about personal property types

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