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Question:

Is real estate career a good job after college?

Would a real estate Company hire a new person out of college with good grades? Would they be hiring around this time since the economy is not doing good? I mostly see older agents do they hire young agents? thanks!

Answer:

In real estate you are an independent contractor so technically a company does not hire you in the traditional sense where you have to answer to the company like you would as an employee. A brokerage will take you in and allow you to hang your license with their brokerage for a fee or percentage of your commissions. These vary from company to company. I got out of college, worked a couple of years and decided to get my RE license a year ago. There is an incredible amount of information to take in and you have to plan on budgeting 9-12 months. I didnt have my first sale until I was about 6 months in, however now I am very busy and have closed multiple transactions in the previous 3 months. I would suggest going to realtor.org and other RE sites and start reading as much about the industry as possible. Go to the bookstore and buy a few books also. I am 28 and am 10 years younger than any of the other 60 agents in my office. I look at this as a good thing because all of those agents will be retiring ahead of me more business to snag. Also, I will be more experienced than my peers when they decide to join the industry. If you do get your license, you will be recruited by RE companies. Choose the one that will provide the best training and support. This is very important for your sucess. If you can, I would try and become an assistant for someone you can teach you the business, however that may be hard to find during this recession. As far as your college education, it probably demonstrates that you are a smart enough person to work your way through this business. Also, you contacts are going to be your main source of business and referrals. This is a stressful career with peaks and valleys of success, but if you manage your time and work hard, consistently you will succeed as I am now doing in my own business. Good Luck
the economy has not fully recovered, and real estate is still not that good in many parts of country, and therefore there are only few hiring. If that is what u want to do, go for it, but be patient in looking for jobs.
Being a truly property agent calls for consistent courting constructing and networking and the conventional brokerage structure isn't for everybody. In any measurement workplace, pageant is fierce a number of the dealers within the workplace themselves and from competing corporations. You ought to have the wherewith all and tuff epidermis to outlive your first couple of years. Besides the cursory coaching offered you're traditionally left for your possess accord. It is the survival of the fittest on the such a lot fundamental degree. Can it's rewarding? Yes it may be however at what rate? Health, household and peers. And the price! Be ready to shell out a minimum of a $one thousand to $2000 to get began in Realtor costs, MLS costs, lock containers, trade playing cards, indicators, E/O coverage, further vehicle coverage if you happen to wouldn't have the one hundred/three hundred/one hundred limits to call a couple of. I recognize I am being discouraging however you ought to be ready for the ones realities. You ought to have a few style of further revenue earlier than even on the grounds that going complete time, chiefly if you happen to plan to paintings for a conventional brokerage. There are different choices like developers and estate leadership corporations. Most discourage side timers. If you wish to begin side time within the trade, then electronic mail me and I will ship you a few understanding on my organization which has one more awareness and cross past the whole carrier brokerage marketplace.

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