I want to become a real estate agent. I know it is a bad economy but people still need house. What are some good states in need of people needing houses and what does it take to be a real estate agent. Thanks.
How To Become A Real Estate Agent And Succeed At It?
Posted October 3rd 2009 at 5:56 pm by Admin
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You must be trustworthy because you will have keys to strangers’ houses. You must be upbeat in personality because there will be many disappointments. You must be punctual since people will be relying on you.
You will take people out looking at homes for sale. They will choose one and make an offer. You will write the offer. If it is accepted, you will hand them the keys in 30 days. They will tell all their friends about how nice you were. The friends will buy houses.
There is no state where sales are great. Stay where you are and get to work.
If this is your want, then study, learn and earn your license. Then get out there and beat the streets, get those clients and keep the paper rolling. Real Estate is not a 30 day business, rather in a normal market (which this is not), real estate is a 90 day business. As far as which states, any will do, but destination places (where people want to move to) will serve you best. Remember your license is specific to the state you take it in, so do your homework and pick your destination area. The competition is tough so you will need to keep at it. Have on hand 6-12 months of reserves to survive.
I’m not sure what area your in… but I’m in Los Angeles and I can tell you that the market is BOOMING! I’ve heard from many other investor/realtor friends of mine in other states that real estate is picking up a lot as well.
First advice, NEVER listen to the media about how bad the economy or housing market is. Guess what? In the worst real estate market I knew agents making 6 figures. In the best market I still knew agents who were making nothing. Economy is in the mind… and if you can’t get over that you can’t succeed.
Second advice, if you haven’t done so already, start taking real estate courses from you local community college or real estate schools to prepare yourself for the exam. Set yourself up to get a license.
Third advice. SAVE your money! Being a realtor isn’t cheap. There are board fees, mls fees, marketing costs, printing cost… this is a business so you should treat it as such. You’ll need to market yourself to your community.
Fourth advice. Make sure the company you choose offers good training.
try a few of the Web 2.0 techniques that John Schroeder put together. He’s giving away free copies for the next few weeks. 97 pages of Real Estate marketing tips for the online world. 26 easy to implement techniques for Real Estate Investors and Agents alike.
I found a few things that I did not know and a few that I could tweak to make more money.
Being a real estate agent is a very public job, so the very first thing you should know is that you will not get business from the 60% of all households who have pets when you advertise yourself as a Michael Vick fan.