The real estate market offers a plethora of growth opportunities for everyone and it is an excellent idea to pursue a career as a real estate agent or broker as there is a huge demand for these real estate professionals.
According to Grand View Research, the global real estate market is booming at an excellent speed. As per the available estimates, this industry is expected to earn a revenue of USD 4,263.7 billion by 2025.
The rise in demand for housing real estate space and rapid urbanization are the major factors responsible for this estimated growth. Real estate experts have shared a few tips to follow to become a successful real estate agent.
Focus on Learning Sales Tactics
Katina Mickens, a real estate broker in Florida, says that beginners should focus on learning sales tactics to excel in their real estate career. She has suggested that soft skills, public dealing, writing creative listings, and problem-solving are top qualities that real estate agents must possess to succeed.
The serial entrepreneur has established a Katina Prevails Real Estate Brokerage firm by learning sales tactics in her real estate career. In order to help young minds learn about real estate processes, Katina Mickens has established Katina Prevails Real Estate University using his 15 years of long experience in the real estate sector.
Build a Robust Business Plan
Along with Katina, many expert real estate agents also say that youngsters must form a robust business plan before approaching clients. They should focus on using digital marketing tools to market their services. Additionally, it is important to use a CRM tool to keep track of all current & prospective clients.
Grow the Network of Clients
Growing a network of clients would help new real estate agents to build a strong trust with clients and get more real estate deals. It would also help them learn new things from clients and other real estate professionals.
Why CEN Standardization is Good for Big Tech and Small Businesses
CEN is the European Committee for Standardization and works to create standards for 34 European countries in the European Union and European Economic Area. CEN standards, which you can access on iTeh Standards, are used to establish industry standards and technical documents for a variety of industries including:
- Consumer products
- Air and space
- Energy and environment
- Food for human consumption
- Food for animal consumption
- Health and safety
- Defense and security
- Pressure equipment
- Smart living
- Transport and packaging
- And more
Why standardization is essential
Standardization in any industry automatically increases important processes’ efficiency and makes it easier and cheaper to do business. Less time is wasted, less materials are wasted, and standards are continually revised to reflect the most efficient processes.
When small businesses and large corporations adopt industry standards, it strengthens the market competition, which supports economic growth. According to CENELEC, an organization that works jointly with CEN, standards “facilitate innovation and promote the adoption of new technologies.”
What’s so special about CEN standardization?
CEN standards are special because they apply to entire industries across the EU.
Any company can create their own standards in business, but they may not have all the information required to know if their standards are actually best for the industry and customers. When businesses in the same industry create their own standards, they’re not operating at their highest potential. They’re also operating in conflict with one another, which can sometimes make it hard to switch manufacturers and suppliers.
Having CEN standards relieves businesses from having to figure out their own standards at a fundamental level. They can still create their own standards for how they wish to do business, but the base level industry standards will be covered.
Having CEN standards also forces manufacturers and suppliers to conform to a set of industry standards, which helps them stay competitive in the market. When manufacturers and suppliers are required to meet the same standards businesses are accountable for, businesses can order raw materials and products from certified sources.
Standardization enhances the customer experience
No matter what gets standardized, it all leads to a better customer experience by creating consistency. In the end, every bump you can smooth out and every wasted second of time you can eliminate leads to a productive work environment. When teams are productive and things are running smoothly from top to bottom, customers are happier.
Likewise, standards also work to maintain safety, which also enhances the customer experience. For example, health departments set standards for handling and storing food to keep it safe, and machine shop workers follow standards for wearing protective gear and clothing to prevent injury.
You can standardize just about anything in a business, including job activities, rules, procedures, technology, services, behaviors, and measurements.
CEN standards are well-tested and documented
The advantage of CEN standards is they’re well-tested and documented. They weren’t just arbitrarily thrown together by collecting theoretical information across industries. CEN standards are created by studying and testing to see what works, what’s most effective, eliminating what doesn’t work, and establishing a set of rules that can be universally applied across the industry.
On the other hand, when organizations come up with de facto standards, they’re often illogical, ineffective, and counterproductive. De facto standards become a big problem when they’ve remained unchallenged for a long period of time. People want to do things the way they’ve always done them, and introducing standards can be off-putting to many.
Many businesses may not even be aware that their standards are actually inefficient methods like workarounds that have simply been in place for a long time.
There’s always room for more standardization
Standardizing industries is a big task – one that is infinite in scope and duration. There will never be an end to standardization. As technology evolves, standards must evolve alongside whatever tech is being brought to the industry.
While the world’s technology evolves, CEN will continue to work hard to create and develop standards for industries. Hopefully, more businesses will embrace these standards and see them as a support system for their business rather than an inconvenient hurdle.
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