Why Network Marketing is Perfect for Real Estate Agents

Network Marketing for real estate agents

You’re in the real estate game, and you’re always on the hunt for ways to mix up your income streams.

Have you ever thought about network marketing?

Many folks don’t give it a second look, but it’s got a whole heap of benefits for real estate agents like you. It lets you use your skills and connections to earn a little extra on the side. Let’s have a chat about why you should think about network marketing as your next side hustle…

Where Real Estate Meets Network Marketing

Network marketing, or as some folks call it, personal franchising, is all about direct selling and creating a network of distributors or agents. As a real estate agent, you’ve got the perfect setup to do well in this space. Take a Sydney-based agent for example. She could use her contacts to sell products or services in addition to properties. It’s like getting two scoops of ice cream when you’ve only paid for one!

A Safety Net for Your Wallet

The real estate market in Australia can be as unpredictable as a kangaroo on a trampoline.

According to our mates at the Australian Bureau of Statistics, property prices took a 1.8% hit in the June 2020 quarter, thanks to the COVID-19 pandemic. This kind of uncertainty shows why it’s important for real estate agents to have more than one income source. Network marketing could be your answer. It lets you earn passive income, which can be a real lifesaver during slow real estate periods. Plus, it’s flexible; you can put in as much or as little time as you like, working it around your real estate jobs.

Learning New Tricks and Transferring Skills

Network marketing gives you a chance for some personal growth too. It introduces real estate agents to different industries and ways of doing business, expanding your knowledge. And the skills you need in network marketing—like building relationships, persuasion, and sales—are the same ones you can use to improve your real estate performance. Take a Melbourne-based agent, for example. By sharpening his persuasive skills through network marketing, he could find these skills handy when closing property deals.

The Wrap Up

So, to sum it all up, network marketing gives real estate agents like you a unique chance to diversify your income, get some financial stability, and brush up on your skills.

It’s a side gig that fits in well with the real estate industry, making the most of your existing connections and sales know-how. If you’re an Aussie real estate agent looking to beef up your income and skillset, we’re here to support you. Head over to our Real Estate hub to find out more, or contact us to book a 1:1 strategy chat.

 

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