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Originally Posted by Thesa
plan on being broke for a long time.... and having to pour more into your buisness than you get out for awhile... with hard work and dedication not to mention sacrifice you will do well  |
Even though what Thesa has mentioned is true for a lot of new real estate agents, this doesnt have to be your path. I would recommend finding a good producing team in your area and going to work for them.
This team should have a good local and internet market presence in your area. Your splits with these type teams will most likely be 50-50 but the knowledge you will gain will be very valuable. Not to mention you wont have to spend a lot of your own money to pull business.
Once you have reached a good comfort level financially after working with this team for 6-12 months then start to look to promote yourself through local marketing and begin the process of venturing out on your own.
One last piece of advice, DONT BE FOOLISH WITH YOUR MONEY!!! This is a big mistake a lot of new real estate agents make when they get in to the business. When someone sees a check for the first time of 10k, 15k or 20k they tend to go nuts and on a spending spree. Even though that is a nice paycheck in the overall scheme of our business that is chump change compared to the cost you will incur to properly promote yourself and listings marketing wise.
Hope this has helped a little and best of luck to you as a new real estate agent.
+ & -'s of being a realtor
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