Networking and Collaboration: The Underrated Power Tools of Real Estate

Concise Summary of the Findings

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Nikki Beauchamp describes her research findings into the golden combination of networking and collaboration. Gossiping at parties might work for some, but real estate professionals prefer LinkedIn.

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People excel in different areas. Instead of being a Jack-or-Jill-of-all-trades, harness skills and attributes that others can bring to the table. We can’t all be spreadsheet wizards and people charmers. Make a friend who is.

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With a structured, systematic approach to networking, your real estate business gets an excellent lift. In Beauchamp’s words, it’s not about “spraying and praying”.

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Nikki suggests that networking shouldn’t be a frantic scramble for contacts, but more of a relaxed stroll around an extensive and well-organized Rolodex.

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Don’t just network with people in your line of business. A diverse network allows for unexpected connections. That homeopathic therapist may just know someone who is looking to buy a beach-side villa!

The Witty “Hot Take”

So, there you go. Real estate isn’t going the way of the dinosaur any time soon. Instead, it might just be getting a bit more sociable. Goodbye to endless hours of chasing leads and hello to systematic networking! Beauchamp is saying that it’s high time real estate moguls turn from being lone wolves to affable sheepdogs.

Her research suggests that by strategically choosing to align with the right people, even those outside of the industry, real estate professionals can transform their business from a lone pirate ship to an entire fleet navigating the stormy seas. So dust off your dance shoes and LinkedIn profile – it’s time to network your way upwards and onwards!

Rather than hoping for a miracle to grace your business, let’s start by simply believing in the process and the people we are surrounded by. So, business owners, shed that superhero cape and put on a team jersey instead because guess what: even Batman needs a Robin and Avengers really do Assemble!

And remember, networking isn’t all about getting something. It’s a beautiful symbiosis – give a little, receive a little. At the end of the day, the real estate world isn’t just about property, it’s about building relationships and a warm, welcoming nest for your network. Get your networking feathers preened and ready because it seems like the bird of real estate is shifting its flight path.

And for all those gnashing their teeth at the thought of small talk and business discussions, remember: you’re not looking to marry your network, just to have them in your iPhone contacts. Keep calm and network on, folks! In the world of real estate, your network is your net worth. Buckle up, it’s gonna be a chatty ride!

This isn’t just about making profits; it’s about creating a community of valuable assets that constantly grow and evolve. So, start arranging those coffee chats, get that networking game face on, and remember: in the kingdom of real estate – collaboration is King, networking the Queen, and together, they rule this realty realm!

Original article: https://www.inman.com/2023/12/19/want-a-high-performance-network-it-all-starts-at-icny/