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There is no typical day, sometimes it's feast or famine, there will be disappointments and you have to get used to them, keep a positive attitude at all times, work hard for your client and their best interests, and expect to put in alot of work with little to no return at first (hopefully not!) And...good luck! It's also alot of fun and can be very rewarding!
San Jose, CA
Oro Valley, AZ
I'm a lender so perhaps, not your target audience but allow me two responses
First of all. "Persistence and Commitment". If this is going to be your chosen career, put everything you have into it and give it your best.
Second "Be A Professional" That has been my motto for over 30 years in the business and following it has served me well
Finally, congratulations "newbie" and best of luck to you in the future !
Oro Valley, AZ
DEANNA C. SMITH ...
Smith Mountain Lake, VA
6 months-1 year saving in you bank as 70-80% new agents do not have 1 transaction closed during 1st year.
Don't quit your day time job until you are well established.....
LuxurySoCalRealty San ...
La Jolla, CA
Jill Murty, Realtor - ...
Laguna Niguel, CA
I professionally advise people on life changing events. I have a license to thrill and do so....What I do today brings equity and appreciation tomorrow
60 hours a week. If you aren't in the car with a client you had better be on the computer. Not on Facebook or Twitter reading feeds either. Building web pages and learning your market for a PHD in your market.
Eagle Mountain Utah. Wow! The imagination goes wild!
Alex Stephens what it will be like for will is directly related to how you start. 90% of those who start will not celebrate their 2nd year anniversary. 80% of those who do survive can not live on their real estate earnings. 10% will net more that $100,000 a year. The remaining 10% are the thought leaders and of those 2% are the innovators.
Where do you think you are going to fit? If you knew that, you would not be asking the question. So what you must do now is buy my book "5 Steps Before Real Estate School - Breaking the Failure System" (lulu.com) or 'Get on the Right Track.' After you have done your homework, then a valid 'What's it going to be like' conversation can be had. Until then. you will be thrown into the deep end and every one will WATCH to see if you sink or swim.
What I would challenge you with in understanding what draws you to real estate? Is it heart centered? Is it expertise centered? Social conscience centered? Know where you are and you will be better able to attract those predisposed to doing business with you.
When you see your real estate business as one that opens possibility to those seeking a transformation, you will be in the right place to define exactly what being a real estate sales agent or broker means to you. That will be the burning ember leading you to walking towards as opposed to walking away.
In the short version. it will be exactly what YOU make it.
I'm the Broker and the best I can tell you is that it is never boring.
For me it is more about running the business and coaching others.
Alex, there is a book, The Irreverent Guide to Real Estate, available on Amazon that answers this. Oh, and I wrote it!
You have gotten many great answers. Long hours, headaches with lots of ups and downs. Rewarding! I definitely believe this career is a way of life. One either loves or hates it. Good luck.
I've been a selling agent for years, than switched to be a listing agent. I prefer a listing side now.
It's a lot of work, but it can be very rewarding as well. No one day is ever the same.
Do you like roller coaster rides? I would say that is what a career in real estate is al about. I love the control over my income and being able to choose who I work with and when.
Every day is different.
If something goes awry, if a client is not satisified, you the Broker bear the responsibility and must face the consequences.
On the flip side, when there is Glory, you get it all.
Knowledge - the amount of knowledge you need is mind-numbing. Market data. Construction. Financial calculations. Tech, tech, and more tech. Laws and legality. Insurance. How do well pumps work? How do septic tanks work? Do I need a building permit to do this or that; where do I get it? How much does this cost, how much does that cost? Do I need personal liability insurance (E&O among others). How do I join a Board or MLS? And on and on the list goes.
Alex Stephens This business is a lot harder than it looks from the outside. Find a broker who has a good training and mentoring program so you can get off on the right foot in this business.
I'm a newbie realtor myself Alex Stephens, and work with Roger (my husband) as 'Team Angeloni'. I have found my work as a realtor interesting because of the people, both Buyers and Sellers, and the different ways you will do Marketing for Sellers. It is hard work, can be 7 days a week, and you do need funds to tide you over for an extended period of time, as you build your business - never give up!!! Joining the ActiveRain Family is wonderful, as you will learn alot on this site from others, and meet professional people who have a passion for real estate - Best of Luck to you!!
I could write a very long post about this! It's a tough job, and you need to have significant savings when you start to hold you over til you have some closings (or be with someone who makes a great salary). Don't expect it to be a 9 - 5 job either. I'd spend a lot of time learning from others as you get started, perhaps with a good mentor. Ask LOTS of questions
It's a lot of hard work. Ask yourself if you are ready to do that.