Have you ever wondered what it would be like to be a Realtor? Being a Realtor can be one of the most rewarding professions that does not require a college degree, but by no means does that mean it?s easy. Working as a Realtor requires self motivation and a lot of unpredictable hours, and it still does not guarantee a paycheck. Before you decide to become a Realtor or a real estate agent, or if you?re still in the process of obtaining your license, there are a few key things to know to keep you ahead of the competition and help you succeed.
Get a Mentor. Learn from someone who has been doing real estate for years. Take an experienced, successful Realtor out for drinks and pick their brain. Try attending local real estate seminars to listen to speakers and network with other real estate agents.
Educate Yourself. Knowledge is free, so go the extra step! Get to know your market and do research on the current housing bubble and home sales prices. But don?t think your knowledge will end at only real estate. Being a Realtor means you will also have to be a salesperson and a marketer. It would help to read books or learn about sales strategies and marketing techniques.
Spread the Word. Tell all your friends and family that you are going to be a Realtor, and ask them to tell all their friends and family. Always ask for referrals, everywhere you go. If you want to work under a brokerage, contact brokers in your area to let them know that you will be licensed soon. Talk to other real estate agents in the office to be sure the company is somewhere you would be comfortable working in the future.
Gain Contacts. Without clients, you will have no income. Invest in client management software right away to start generating leads. Browse online or take a drive around your neighborhood and look for For Sale By Owner signs, and make a note of the sellers contact information.
Reserve Some Money. Real estate success doesn?t happen overnight. Your first sale could be months away, and almost all Realtors or real estate agents work on 100% commission. Stash enough cash to cover your finances for at least the next 6 months.
Do you have the drive and determination it takes to be a Realtor?
Source: http://blog.showingsuite.com/bearealtor/
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