So, You Wanna be a Real Estate Agent?
Successfully selling real estate IS hard... some estimates quote the first year drop-out rate as high as 80%. But for those who make it through that painful first year (or two), it can be a dream job. The potential for financial reward is unlimited and eventually you can choose your own hours and take time off whenever you want. Real estate can give you the lifestyle you always dreamed of, as long as you're willing to devote several years of hard work to building your business.
One of the well-known perks to being in the business is the opportunity to purchase property under market value, get a paid a commission for doing so AND eliminate the majority of the fees associated with the sale of your investment property. However, (in my humble opinion) it's a waste of time to get your real estate license for the sole purpose of buying investment real estate unless you have an ongoing, reliable source of under-market properties other than the MLS. The best deals are discovered during the course of your regular business day, listing homes, showing buyers, chatting with prospects. Just having a real estate license doesn't automatically deliver Great Deals to your in-box, unfortunately.
If I had to sum up in one word what I think it takes to succeed as a new real estate agent, I'd pick ENTHUSIASM. You must be excited about your new career, constantly looking for opportunities to enlarge your circle of friends, develop your market knowledge and dive into unfamiliar situations. When the phone rings at 7pm on a Sunday evening, you jump up to answer it. If a client wants to look at homes during the Super Bowl, you're there. You might even consider canceling your vacation to accommodate a new client. (No, you don't have to actually cancel it, but the thought crosses your mind.)
In other words, Real Estate is your life. Don't worry, it won't be this way forever, but when you're starting out in a business with an 80% failure rate, you need to be THIS excited and THIS committed. Go Get 'em! Rah Rah Rah!
Related Tags: real estate, newagent, sell with soul, jennifer allan, real estate training
Jennifer Allan, author of Sell with Soul: The New Agent's Guide to an Extraordinary Career in Real Estate, was a successful real estate agent in Denver for ten years and is currently a real estate consultant and author. To find out more about her books and her "soulful" philosophy, visit her website at http://www.sellwithsoul.com . Jennifer specializes in helping new and experienced agents develop a successful career in real estate without selling their souls to do so.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t
