I was considering entering the real estate business with sucessful local company, and do some side busienss on my own. Is there now too many people in the market to get into it? Please voice opions or experience, im not really sure on what i should do!.
About part of current realtors are ravenous to demise and/or watching for any other task. Even in a well marketplace, you need to have adequate cash (or good-paid partner) to survive for a yr plus duvet your enterprise expenditures till you're more likely to be making a few cash. On the opposite hand, if in case you have real awesome talents expertise, revolutionary advertising recommendations, and distinct methods of placing your RE license talents, expertise, and so forth, to make use of, you continue to would probably make 1 earlier than 1 (US) turns into rest room paper. This is an highly complicated marketplace, and will likely be for quite often a different decade now (no less than, beneath essentially the most constructive situations, 2017). That does now not imply it is a completely unattainable marketplace, simply now not viable for such a lot individuals. Whatcha obtained going for you?
My opinion is based on my personal experiences of losing deal after deal to unqualified agents. My bad experiences have caused me to stereo-type real estate agents to the point I steer clear of them whenever possible. The Real Estate market is over saturated with a lot of non-college educated agents that do not possess professional business skills or know how. I have fired agent after agent, and went through 15 agents before I found one with a little sense that could negotiate a good deal. I was shocked and came to realize this is the last business I would ever consider, as the agents I have had exposure to are unloyal, unscrupulous and will stab another agent in the back at a blink of the eye. It's ruthless and cut throat. If you have a passion for working with these types of people, go for it. But I highly recommend finding a business that is not made up of desperate house wives and high school drop outs that had no other options but realty. Sorry...I know there are probably a few great agents out there, however, I personally haven't had the pleasure of meeting that perfect agent.
