I think I just landed my first “client”. What now?

Unlocking New Opportunities: Transitioning from Mortgage Lending to Real Estate Marketing Consulting

Introduction

At 23 years old, Iโ€™ve built a career as a mortgage lender, but over time, Iโ€™ve also immersed myself in the intricacies of marketing and advertising within the residential real estate industry. Through self-education and practical implementation, Iโ€™ve gained expertise in understanding client journeys, developing lead nurture sequences, automating workflows, and more. Recently, this knowledge has opened a new avenue โ€” the potential to serve as a marketing consultant for real estate professionals.

My Experience and Initial Engagement

Recently, I connected with a reputable local investor, who is moderately successful in our area. When I shared insights into my marketing strategies, he showed genuine interest and requested assistance in refining his marketing efforts. This led to a two-hour consultation at his office, where I and his salesperson analyzed his current marketing practices.

During the session, I outlined several areas for improvement and suggested actionable steps to enhance his outreach. The response was surprising โ€” they viewed me as an expert and asked questions as if I were a seasoned guru. The experience not only boosted my confidence but also sparked the realization that I might have a viable service offering.

Reflections and Next Steps

Currently, Iโ€™m providing this consultation pro bono because Iโ€™ve never before offered marketing assistance to businesses. However, the value I delivered during our session makes me consider the possibility of formalizing this as a paid service. I believe I could help other real estate professionals โ€” particularly seasoned, traditional agents and investors โ€” improve their marketing outreach, perhaps by 10% or more, through the implementation of fundamental advertising models.

With a robust network already in place from my mortgage business, I believe there is potential to develop a niche as a marketing consultant within this space. My goal is to assist my market peers in adopting effective, straightforward marketing strategies and improving their visibility.

Seeking Advice

Is this a realistic transition? Can I leverage my existing network and knowledge to establish a successful consulting practice focused on real estate marketing? Your insights and advice would be greatly appreciated as I explore this new path.

Conclusion

Venturing into marketing consulting within the real estate sector is an exciting prospect. With the right approach, itโ€™s possible to turn my accumulated knowledge into a valuable service for local professionals, helping them grow their businesses while creating a new revenue stream for myself. I look forward to hearing your thoughts and suggestions on how best to move forward.


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