Thread: Any Advice for a New Realtor?

Originally Posted by clickagent75

I'm a marketing professional that's considering a career as a real estate agent. I've read a few posts already on the forum that sort of touch on this topic (i.e. earnings, expenses, etc.)

Hey ClickAgent75 -

Why are you considering changing careers? Is it a "forced" thing or are you truly interested in becoming an agent? Nothing wrong with wanting to service prospective property owners in acquiring and the disposal of property, if that is what drives you.

I guess I am asking if the answer to your "WHY" is really being a RE agent, or if it is just something to do. (I see a lot of people looking and clinging to anything that looks like a job, to try to gain any form of income, even if the job is something that will make every day of their lives a dread to live. - I sure hope that is not your case.)

Originally Posted by REITrainingWhse

Hey ClickAgent75 -

Why are you considering changing careers? Is it a "forced" thing or are you truly interested in becoming an agent? Nothing wrong with wanting to service prospective property owners in acquiring and the disposal of property, if that is what drives you...

Thanks for replying. No it's not an economic climate thing (i.e. downsizing). It's more about wanting to pursue an entrepreneurial career that will still allow me to utilize my marketing skills. I've also been told over the past few years that I should pursue a sales career.

I also enjoy discussing the ins & outs of real estate, and consider myself pretty savvy (for a non-professional) when it comes to the subject.

I've DM'd you some additional info as well.

Thanks for replying.

Hmm, no advice at all out there?

This is a forum not a chat room so it takes a while to get replies. My advice is plan to NOT make any money for a while and have a nest egg to survive on. A new agent in my office was complaining today how it seems that everybody wants money when you first start in the business. And it does seem that way.

Good luck to you!

My advice - though I am not a RE agent - is to do what everyone should be doing... BUILD YOUR NETWORK OF CONTACTS. I am not saying build a ist of people that you remotely know, I am saying leverage your marketing skills to build deep relationships with people you meet, and then find ways to serve them - even if that means not collecting physical compensation. You will find that you scratch their back, they will do in kind, when you need them - yet again, it might need to scratch a lot of backs for free, before you will be required to have your back scratched.

Again, everyone should be doing this - not just do things just to get paid. Besides, by truly servicing someone with no ties of compensation will bring around HUGE appreciation when you do call in the favor.

I would think that finding houses for people that are in your "inner circle" of friends would be far easier than trying to find people that you don't know to buy a house in the market. - Or maybe that is just my backwards thinking.

Well, that is MY $0.000000000002 worth.

Later!

You need to be patient if you want to work in real estate and you need to have a way to sustain yourself while you start your real estate business. It took me five months to get my first real estate sale. You have to set goals for yourself and most importantly write them down and put them somewhere where you can see them everyday. Lastly, make multiple contacts with prospects you come across: phone calls, emails, letters, etc. People forget about you quickly.

Network network network and work on encouraging referrals. Good luck to you.

Thanks everyone for your advice. Much appreciated!