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This entry is part 4 of 4 in the series LinkedIn for Real Estate professionals

LinkedIn groups are the modern version of Yahoo groups of 1990-s-2000-s, the only difference is that it’s a much more advanced version of
Yahoo groups. Much more…

So, what can be there for you, as a real estate professional, (agent, broker, mortgage professional, appraiser etc.)?

At first with LinkedIn groups you can build more relationships faster. Which means you may get more referrals, clients and more $$$ as a result.

So how to spot a worthy group and be successful contributor/rainmaker in LinkedIn Groups?

At first to spot a worthy group you should analyze the groups your friends participate in, then compare it with your interests and how
many people participate in a group, if the group is open, it’s easier to check if the information shared in this group is interesting and worth your time.

But, when you join a group, don’t just start spamming the fellow members with your listings, deals, as well as don’t start adding
everyone you can to your friends.

What you do, is you find the most popular, interesting discussions for you and participate in them. You follow the most influential
people, you brand yourself and you learn from other professionals. Only AFTER you established certain reputation in the group – you add people to your friends and start gradually promote your company, business etc.

Why the influential people are so important? It’s simple: influential people in the group, most of the time, have a lot of valuable connections,
that in some time may become your connections.

Be useful to people in your group: spend 1 hour or 30 minutes a day in the groups you value the most and you will see the result soon.
Share your experience, connect people, help them by answering the questions, start the discussions and you will notice how step by step you become valuable source of information in your industry and how clients start trusting you with their business.

After some time, you can create your own subgroup or your own group, if you wish,  and this will help you  generate even more business.

There are also couple features in the groups that may bring you business: “follow people”. In the groups following people is a very useful feature, by using it you will be informed about the projects and deals your influential friends are working on. Sometimes they may need help, right? Or they may need to finance a deal (if you are a mortgage broker) or they may need to manage their project (if you are a management company). It’s a cool feature and you should use it!

Jobs: Jobs on LinkedIn are very popular and very widely used. Of course, some groups have Jobs section full of “get rich quick schemes”,
but owners of worthy groups watch this section carefully. With this section you can find yourself new business, or may connect people, or even post your own ads, – everything will bring value to your personal brand.

By the way, about your personal brand, everything you post on LinkedIn, Facebook, ActiveRain becomes a part of your personal brand as soon
as you click the button “publish”, so watch carefully what you write in the groups and  how you write it, but this is an absolutely different story…

By the way how do you use LinkedIn groups? Did it help you generate any new business?

Let me know!

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This entry is part 1 of 4 in the series LinkedIn for Real Estate professionals

It’s true; you just cannot ignore 100 million professionals, but who really is hiding behind the profile?

How do you know that you are not wasting your time?

Well, at first, I think 100 million of professionals wouldn’t just spend their precious time just for nothing. If Facebook’s target audience is very broad: college kids and business owners, everyone, LinkedIn is more targeted for business professionals.

Of course, it easy to create a magnificent profile that you have studied at Ivy League and that your business manages 5 billion in assets, it’s
harder to get credible recommendations from the clients and partners. When evaluating potential business contact you have to evaluate
how credible or “real” the person is. I’m not claiming that the person is “UNREAL”, I just want to know if the claims that the person has made in his/her profile are real.

When evaluating the person’s credibility follow these basic steps to learn more about potential business partner:

Step 1: Check how many contacts does the person have? Are they Real?

Step 2: How many recommendations does this business contact have. Are they Real? Or is it just Mom and Pop giving a recommendation to to their son?

Step 3: How active is this person on LinkedIn? You can easily see the groups the person is participating in?

Step 4: How real is the contact information?

Step 5: How professional is the website (if any) of the company this person is working for?

Step 6: Go outside of the LinkedIn and check professional credentials of the person you may work. It’s simple!

Knowing and having all this information you will be able to evaluate how serious is the person on the other side. (or if the offer of
business is just a waste of your time).

But on the other hand if you are evaluating the business profiles of other people, they are evaluating your profile as well. So how to convince
the person on the other side to take you seriously? Will your profile withstand all the 6 steps mentioned above?

When you are just starting working with LinkedIn you have to make basic 6 steps to start getting business:

Step 1: Build your profile. Honestly and Meticulously;

Step 2: Invite your business partners, acquaintances, clients to LinkedIn;

Step 3: Get recommendations;

Step 4: Join the groups;

Step 5: Engage in discussions and earn credibility;

Step 6: Get new business.

These are just basic 6 steps for your success on LinkedIn.

Of course, it takes time to work on this, but be sure the results won’t take too long.

If you go to the open LinkedIn groups your head will just start boiling, you will see how much
business, REAL Real Estate business is sitting in these groups.

Some of this business is unreal, of course, you have to know how to identify the Real Deal from BS (Business Spam, what did you think?), but if you do your due diligence you will get invaluable business contacts, that you maybe, wouldn’t have gotten before.

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