In real estate, growing your network can be one of the most beneficial aspects you create for yourself. Knowing people in all facets of the industry can help to boost your career to new heights. While people work hard to learn as much as they can about the field, you can be better allocating your time to making connections.
Creating relationships with others in the real estate industry gives you a leg up when it comes to growing as a professional. You could have all of the knowledge about real estate but if you have a limited network to collaborate with, you will seldom see as much success. As an investor, it is important that I seek contacts within all other facets of real estate. Knowing contractors, brokers, architects, and agents are all a crucial part of running a successful investment company. Having these connections with those who are experts in areas that you are not, helps to guide you along your project’s journey. The complementary relationships that you build with other businesses allows room for growth and learning as well.
In today’s world it has become just as important to network online as it is to do in person. Creating a strong online presence is an aspect of networking that many people neglect or feel as though is unnecessary. Utilizing sources such as LinkedIn and ActiveRain are amazing networking tools. Everyone from investors to brokers should be utilizing these sites to help boost their relationship and establish themselves within the real estate community. Making sure that your profiles are optimized to their fullest potential will also have a great impact on your social networking abilities.
As vital as online networking has become, there is still much force behind making personal connections with colleagues. It can be especially useful to host or attend local networking events. In the real estate industry we are lucky to have extensive groups of us working around the country towards common goals. For those who may have already established networks in their community, expanding your connections to surrounding areas is never a harmful tactic.
Professionals of all industries should be focusing a decent amount of their efforts towards expanding their networks and relationships. Having strong online and personal connects gives you more power than all of the knowledge in the world.