5 Tips on How to Find a Real Estate Mentor (for Agents, Brokers, and Realtors)
Identify Your Needs
Before you start out looking for a mentor, take some time to identify first what kind of mentor you need in this specific stage of your career. What do you need to learn? What do you need guidance in? If you are looking to specialize in a specific niche market, you need a mentor who’s already an expert in it.
Another thing that you should consider are your core values, your real estate goals and strategies, and even your passions in life and in business. Your ideal mentor’s values and goals should closely match yours. This is because as social beings, our business and personal lives are deeply intertwined.
Do Great Work
Doing excellent work attracts the attention of more experienced real estate professionals. You have to give your potential mentors a good reason to invest their time and knowledge in you. They are busy after all. They will have to see potential in you, as well as a benefit in mentoring you.
Tap Your Existing Network
If you are a new real estate agent, you’re likely required by the state law to work with a brokerage in the first 2-3 years of your career. This is a great place to find a mentor.
Somebody in your agency can teach you the basics, from understanding real estate processes to handling transactions effectively. When you move to a specialization, your network in the agency can point you to the right person if you can’t find one in the company.
For real estate vets, your office is a great starting point too. But don’t just stop there. If there are agents in your city whom you look up to and who are doing the kind of work that you want to do, see if they are open to take you in as a mentee.
Expand Your Network
This is one of the purposes of networking. If you haven’t quite found somebody whom you want to be a mentor, start meeting more real estate professionals. Here are some ideas:
● Join local meetup groups
● Attend networking events
● Attend conferences and industry events
● Go to their free trainings
● Go at their usual hangout spots
Bear in mind that although you’ll find excellent potential mentors, many of them may not be able to take you in for whatever reason. That’s why it’s best to make multiple mentor connections. That increases your chances of finding one. Or many.
Nurture Your Relationship
Mentorship is a long-term business (and even personal) relationship that takes time to grow. It is built on mutual trust and respect. Don’t force a mentoring relationship and don’t just ask somebody you admire to be a mentor if you haven’t formed a strong bond with them.
The slow process of nurturing your relationship with a potential mentor is also an opportunity to test if the mentoring relationship works out for the both of you. Keep your options open.