Question:

going into real-estate?

Well for the past 3 years I have wanted to go into real-estate as a career. Im a senior this year and the time is coming near for me to get serious, im really excited. All my teachers, friends, and co-workers think it would be great for me. But a lot of my family, other then my mother think i will fail because its so slow right now. They think I'm just wasting my time, and will never be succesful. so here the question.1.How do I get them off my back, and just trust me when i say this is what i want to do?2.Is real-estate as bad as they say?I've always wanted to do this and think i'd be really good.please help!

Answer:

Right now houses are so inexpensive that more people are finally able to afford their first home... As for getting them off your back... tell them that you are going to give real estate a try since that is your dream, and if it doesn't work out then you can always go into something else later!
Greetings! I am a real estate broker and serve the Reno Nevada real estate market currently. Our home sale volume is down about 60% from where it was two years ago - which does make it tougher to earn as much money as over the last two years. I would suggest you set very achievable goals to define your success. This will allow you to do what you really want to do and give you a benchmark to communicate your success to your mother in positive terms. I don't know where you live and what the home prices are in your area, but perhaps, you should strive to sell 3-4 houses in your first year. If you have other income sources (as a senior), this may work for you. The average number of homes (sides)sold per year nationally was 8.4 in 2007. You may be able to achieve this in a 2 - 3 year time frame!
I were a Realtor considering April 2006, I have closed over forty offers considering then and made a six determine revenue from truly property in that yr. No that's now not average for the enterprise, however it's average for the corporation I paintings for. If you get your license seem for TRAINING, and I imply truly coaching. Not simply watch this agent and you are going to determine it out. We have categories everyday to train new and skilled marketers to take their industry to the following stage. Now earnings is foremost to truly property however the factor to don't forget is that this: Your main activity as a truly property agent is lead iteration, NOT purchasing and promoting residences. You are not able to promote residences if you happen to would not have customers. The flexibility in hours isn't what you suppose, I paintings nine-five PLUS eveings and weekends. And the one motive I don't paintings extra is I have an assistant who handles plenty of the mundane paintings for me so I can recognition on lead iteration and my customers. You can paintings much less however often talking, plan on making much less... There are marketers who paintings not up to than and make greater than me, by way of leverage, that's what I am operating closer to. There also are people who paintings extra and make much less.... They don't recognition on lead iteration. Health coverage is a biggie to suppose approximately, and taxes. As a Realtor, no-one is amassing taxes for you so quarterly repayments must be made to the IRS and state in case you have state revenue tax. It is an overly moneymaking activity, each in my opinion and financially if you happen to paintings tough and positioned methods in position to support you be successful. But it's what you set into it, there is not any handy $ in truly property.

Share to: