What’s Involved?
There
are commitments you will have to make in order to
start a real estate career. In order to get your license,
you must be prepared to invest a reasonable amount of time in the
real estate course. There may be financial commitments
as well.
You may also want to decide if this career is for you.
Don’t make assumptions here. You may be better
suited for a real estate career than you think. There
are many different personality types that have successful real estate
careers. There are opportunities to branch out in many
different directions. There are, however, some traits
you should possess or learn. You must have the discipline
to do the work. In most cases you will be an independent
contractor, meaning if you don’t work, you won’t get paid.
Different individuals will have different levels of success,
but if you work, you can succeed.
One of the smartest things you can do if you are thinking about
a career in real estate is to make an appointment to sit down and
talk with a manager of a real estate company. Ask lots
of questions about what is involved. Information will
be different in different locations, so it’s best to meet with someone
in the area where you are planning to work. Even expenses
can vary from county to county.
You can also ask what your expenses will be when working for
that company, but don’t necessarily assume cheaper is better.
One new agent a few years ago started her career with a company
that didn’t belong to any professional organization or multiple listing
service. Her expenses were almost non-existent.
So was her ability to work with buyers and sellers.
Now she’s working for a company that has the framework of support
to allow her to succeed.
Ask the manager what they will do to help you get started.
Are there training classes after you get your license, or are
you thrown to the wolves? Will the manager check your
work in your early transactions? Are they available
to answer questions when you need help?
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