Hey! I've been thinking about getting into Real Estate for quite some time. I know the competition is fierce and it takes a long time to not just make money, but to even become know? How long did it take some of you to become successful and was it worth it, and also if you wouldn't have choosen Real Estate what then would you be doing? Thanks in advance for all the answers!!!
I have been in real estate for 10 years. It takes the average agent about 4 months before they see their first deal. I takes about a year to really see some measure of success. I have seen agents have up and down careers, meaning a good year then a not so good year. True financial gain exists in this business. I have seen more success on the investment side than the sales/listings side of the business. It takes anywhere from 2 to 5 weeks to complete the pre-licensing classes and they cost about $325. Once you complete the required course, you have to take the state and national exams. When you pass those, you can place your license with a real estate broker and get started. It is a very exiting business. It takes a lot of time and it cost money to get your name out there, via advertising, etc... Good luck in your career. BTW...the competition isn't that fierce. Any broker will tell you that there are probably 100,000 licensed agents and only about 5% that really do the business.
Attend open residences. Also, select up the nearby truly property books that they supply out without cost. Find a couple of residences you favor and phone the directory agent and ask to peer the condominium. That will supply you a danger to fulfill a couple of nearby dealers and spot if there may be any individual you mesh good with. We used Remax with our final acquire/and promote. However, I could now not base my choice on a precise corporation identify....each and every realtor is specific and targeted. Try to stay with a corporation that has a extra good recognized identify (none of the ones discounted expenses locations or tiny organizations) so you already know you're getting probably the most correct know-how viable. If viable, it could be fine if the agent used to be virtually your age, in order that they are able to relate to why you're watching for specified elements or areas, and will bigger foresee different properties that can be superb for you that perhaps you're overlooking as being rather unfamiliar with the field. Good good fortune! Look at a few residences earlier than making any presents!
