I have 3 more classes until I am fineshed with real estate school.Any suggestions or advice.I am thinking of starting out with apartment locators rather than homes!!I dont know.... I am married and 21 and I have been through a few other career choices and they didnt work out. I hope I will like real estate.Is it good money in Texas???HELP HELP!!!Thanks much
not a business you will be able to call the shots out of the chute. you'll start working open houses, boring. at other times you will farm. (things like searching for for sale by owner and convincing owner to let you list it). be prepared to be broke if not in debt for the first six months minimum. (you will need to pay some serious money out). think about lots of gas, pay for multi listing, realtors board, etc. good luck though. you get through the start up, and you hustle, you can make good money.
Real Estate is like everything else. You get out what you put into it. Never give up! Apartment locators will get you a little money really fast. If you need the income to survive than absolute start there to survive on. But you are not getting your license to survive! The best way to make money with a real estate license is to get listings! Listings! Listings! Did I say Listings! I tell every new agent that comes to my office if they want to make money in real estate to get listings. Make your approach unique. Pick an area you are already familiar with in a price range that most people are buying in. Get out of the office and hit the streets. That is where the money is found. Work the expired listings in the area. Work the FSBO's in the area. Check with your broker and see if they will let you offer a lower commission on the listing side to get you in the neighborhood. Don't short change the buyers agent's commission. Ex: a 6% would be a 3/3 split a 5% would be a 2/3 split, a 4% would be a 1/3 split. You won't make much if another agent sells your listing but that don't matter. The more signs you have in a neighborhood the more calls you get from buyers. MAKE SURE YOU HAVE NAME RIDERS ON YOUR SIGNS! You are not just trying to sell your listings you are selling everyone's listings. As you get more experienced and more clients start calling you and you have less available time then your value goes up. If you decide to come to the New Orleans area look me up. I am always looking for new agents. Michael
