Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate)

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Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

''You can call me any time if you need any advice''~ if I were a new license, I'd like to have a person I can trust and can rely on. 

Feb 14, 2016 03:53 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

This is not a job.

Be prepared to build a business that will require much work and education before dime one is earned.

And it will require continued infusions of time, work, and education if you want to be successful.

Feb 14, 2016 06:24 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

The real estate profession is a hard one to be successful at even whey you have had other business experience...I think I would tell them to think twice.  Make sure they have a years wages set aside because the first check may not be large and may not come for many months

Feb 14, 2016 06:24 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It takes lots of hours and hard work to grow a business and it takes awhile for steady income to be derived. Make sure there is a financial cushion to fall back on.

Feb 14, 2016 09:11 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I would tell them about my experience in the first year and what needs to be done.

Feb 14, 2016 08:40 PM
Rainmaker
4,850,657
Richard Weeks
Dallas, TX
REALTOR®, Broker

Let them know there is a lot of work, and a lot of rewards.

Feb 14, 2016 08:34 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If you are not truly committed, rethink your plans!

Feb 14, 2016 07:49 PM
Rainmaker
2,759,787
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Mary Yonkers . Be sure to have at least a year of living expenses before they start.

Feb 14, 2016 05:17 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Mary. Congratulate them, recommend they focus on social media (blogging), networking and to join a company that has a mentor.

Feb 14, 2016 04:34 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Mary Yonkers - having a real estate license is a good idea. Practicing Real Estate needs heart - if they don't have it, I'd advice them not to do it. Simple.

Feb 14, 2016 03:21 PM
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Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Do it!

Feb 14, 2016 02:13 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mary,

Tell them the pros and cons, you would be perfect to give that overview and everything involved in building a career in real estate.  A

Feb 14, 2016 02:03 PM
Rainmaker
4,272,424
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Tell them the true cost so they go in with eyes wide open

Feb 14, 2016 01:25 PM
Rainmaker
4,898,703
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Get a job and work it till you get at least 3 deals close

 

Feb 14, 2016 12:38 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Talk with a number of agents in the business. Make sure you have at least a 6-month financial cushion. Spend some time analyyzing WHY you want to do this - does it just sound like fun or can you outline the real reasons why this is a good move

Feb 14, 2016 12:22 PM
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Join a Team !

Feb 14, 2016 11:14 AM
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Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I would suggest that they interview with several copanies and choose one based on the level of training that they offer. I'd also tell them to expect not to have a steady income.

Feb 14, 2016 08:58 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would provide no advise, but hand them a copy of my book instead, when it becomes available. If they won't do the work that protects them, accept the reality they can not be protected.

But if you must, ask them, "Are you Starwars or Startrek? and why."

Star-trekers do not do well in real estate. They rely/depend on the rules that deliver fairness. Sorry, the rules will not care for you in real estate.

Feb 14, 2016 08:28 AM
Rainmaker
908,498
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I wouldn't offer them any advice unless they asked me specific questions.

Feb 14, 2016 07:46 AM
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3,339,024
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

To have plenty of cash reserves to live on ... at least six months AND enough cash to infuse into starting the business.

Feb 14, 2016 07:34 AM
Rainmaker
140,768
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Depends on their personality and what I know of their drive.  If they are driven and motivated , I'd tell them the hard truth, but let them know I'd help them in any way.

Feb 14, 2016 07:21 AM
Rainer
97,816
Carol Wilson
Your $imple Home - Toronto, ON

I don't know what you should advise that person, Mary, but my suggestion is to first be clear how much (if anything) you are prepared to invest in their success.  They may be asking advice or they may be wondering if you will be mentor or more.

Feb 14, 2016 06:46 AM
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Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'd wish them well and I'd direct them to an office that has the proper training for newly licensed agents....our office does not...we have seasoned agents...

Feb 14, 2016 06:25 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Mary,
I would suggest they build a resume and learn real estate part time.

Feb 16, 2016 11:18 AM
Rainer
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Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

Make sure this is what you want to do straight out of college.  You are working for your self and you have to work harder than a 9 to 5 job.

Feb 16, 2016 10:22 AM
Rainmaker
5,848,304
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ask any and all questions you have, save lots of money, and find a company that offers lots of training and will be available whenever you have a question.

Feb 16, 2016 09:08 AM
Rainmaker
897,698
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Try something else; you didn't have to go to college for this.

Feb 15, 2016 04:48 AM
Rainmaker
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Roy Kelley
Retired - Gaithersburg, MD

Real estate is a wonderful career selection for those who are willing to do what it takes to compete with the best in the market.

Feb 15, 2016 12:19 AM
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

What did they go to school for? Get a job in that field - leave the thoughts of real estate behind.

Feb 14, 2016 10:55 PM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

having a license is one thing knowing how to use it is another

Feb 14, 2016 10:40 PM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Mary Yonkers This business is a lot harder than it looks.

Feb 14, 2016 10:34 PM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

Feb 14, 2016 10:05 PM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I would simply be honest about what it takes to work in and succeed in this business. Nothing more than I would tell anyone about the business if asked about the pros and cons of getting into it.

Feb 14, 2016 09:23 PM
Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Mary - I would make sure they knew what they were getting into, support them 100%, and let them know there will be ups and downs along the way.

Feb 16, 2016 12:00 PM