Im looking to be a real estate agent. I plan to begin school soon to get my license. I have done alot of reading on real estate agents and the very high failure rate amoung new comers. I have always worked with people in all my jobs and I have always been a giver. I know also the area I live in within the next couple of years will be a sellers market, and there is great chance to make some money. I do understand you dont just jump into this making money and it might be a very long time before I get a pay check. My main concern is getting my name out there i just moved here about a few months ago so I dont know very many people and being a 23 year old women Im nervous about anyone wanting to work with me since im not so expierenced. Then again my next thought is " Well isnt that how everyone beings? My father since I remember has been a real estate agent till latley and he still is in sales but does real estate on the side can you do it part-time? I read that it isnt possible.
You answered your own question. Why don't you ask your father about this?
I am rarely asked how long I have been in the business. If asked I answer, but I just emphasize what I have to offer, and the issue goes away. Don't worry about that. Part time is tough. Most people don't want to work with part time agents. But some part timers are out there hustling to get established so they can quit the day job and do RE full time. It can be done, but it can be challenging. There is a huge failure rate in Realtors, some stats say over 80% quit within the first 2 years. Other stats say 10% of the Realtors are doing 90% of the businesss. Obviously, it isn't easy money. One of the most successful agents in my area is 28. He started young, didn't allow his age to deter him, and he now owns his own brokerage with a stable full of go getters. He is kicking butt and taking names.
Wow that is quite the pitch from the Keller Williams guy.. Not that there is anything wrong with that, I just got a chuckle out of it! I am also a young woman and I started a few years ago in the business... funny thing is No one ever asked me how long I had been doing it.. They only ask people that when they seem to be unexperienced. So I never had that issue come up and I doubt you will either if you don't let your age bother you it won't bother anyone else. The issue with Part time Real Estate is that you never get enough momentum going to become sucessful.. the Real Estate bussiness is about building a pipe line of clients/customers and eventually they will start to come out the other end as sales refferals but if you don't spend the time stocking your pipeline you will only see very minimal results. Getting your name out there is going to take time, no doubt about that. The best thing you can do is take floor time, do Open Houses etc,, anything that will get you leads to work.. once you get a few customers and do a good job for them, you will be on your way to making a good name for your self. Also you will want to find a Broker who spends the time investing in their new Agents. Best of luck!
Sure it's a good idea to get your license and you can even work as a home agent in the beginning. Many companies will let you hang your license at the office and work 95% from home. Just get good home office equipment with computer and internet access and you'll be good to go. If you look at Real Estate like you're starting your own business, and pursue it as such, you'll be in good shape. In the 1st several months consider working a 2nd job until the money comes in. Start a low-cost website and include the address on EVERY item you pass along. Start farming an area you want to get listings in immediately. Dropping flyers at 200 houses 2-3 days a week is good when starting out. Give your business card to everyone, and send out a intro letter by mail to everyone in your sphere of influence (all colleagues, friends, their friends, family, etc.).....even those out of state. If you work hard and excel in this market, imagine how well you'll do when it picks up! Good luck!
