Been trying to break into multifamily brokerage for about 6 months, feeling a bit discouraged. Looking for advice or new perspectives.
[removed]
[{"id": "ho2a29u", "text": "What kind of deals is your mentor doing? Business and repeated business is often generated by reputation and activity in the market. Do you have assignments you\u2019re on to leverage? Keep networking as well and build out your peer network. A lot of people are in your shoes and it\u2019s good to build it early and grow with the ones that know what they\u2019re doing.", "replies": [{"id": "ho2arnc", "text": "He's basically doing the same kind of deals I'm trying to find. Anything from duplexes up to 30ish units. It's more of a partnership than a boss situation. He knows lots of old owners in the area, which has generated some potential off market sales. He also has connections with large 100+ unit institutional types, but nothing tangible has come out of those yet. Most deals he's working on are from buy side leads I have generated. Neither of us has found anybody willing to list this year.\n\nOne thing is though, he's certainly towards the end of his career and most the people I see closing the majority of the deals (80%) are younger guys.\n\nWhat are some ways you'd recommend networking with other brokers as somebody new to the biz?", "replies": [], "depth": 2}], "depth": 1}, {"id": "ho2b918", "text": "You have to go full stalker. \n\nFind relatives.  Call them. Text them. Facebook them. \n\nI refuse to \u201cnot hear back from anyone\u201d. I don\u2019t even care if they tell me to fuck off. I will get an answer!", "replies": [{"id": "ho2biuz", "text": "Good to know! I forgot an important piece in my process which is logging every single call I make, regardless of if I get an answer, correct voicemail or no name voicemail. If it's a confirmed number that doesn't answer, or they tell me they're not interested, I call back every month or so and try again.\n\nWhen you do get a hold of them, what are some of your go-to script components to move to the next step?", "replies": [{"id": "ho2f8q3", "text": "Don\u2019t have a script I just shoot the shit and go from there.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]