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Rainmaker
747,659
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Don't be anonymous, successful agents do not hide behind anonymity.

Nov 24, 2018 11:14 AM
Ambassador
3,443,155
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods
  • Don't expect to open your business with no investment funding...and YES, it's a business and you should treat it like one - plans, goals, financially, etc.

  • You will need at LEAST 6 months of living expenses in the bank.

  • Work at LEAST 40 hours per week in your business.

  • Business doesn't come to you right away, you have to prospect for it.

  • Don't count on your broker for leads/business, no matter what they tell you - find it YOURSELF!

  • Education is critical - don't ever stop learning.

Good luck!

 

Nov 24, 2018 02:58 PM
Rainmaker
1,263,312
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It will cost more than you think to get started (plan on $5,000 just to get your license and join a board of realtors.  Add on another $3k-$5k to get your signs, cards, lockboxes, etc.).  It will take longer than you think to get your first check (typically 12 months).  That first check will be much less than you expected (your Broker will typically take 60% of it since you're new).  Insurance is going to cost an arm and a leg and Uncle Sam will make you pay quarterly estimates on your taxes.

 

That's the dose of reality that schools don't tell you.

Nov 24, 2018 11:43 AM
Rainmaker
748,796
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Get a complete physical and make sure that you are in the best possible shape to meet the demands of this job.

Nov 24, 2018 11:12 AM
Rainmaker
1,658,695
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Yes, attend (pay for) a school that actually teaches and not dumps their students onto someone elses website to do the instructors work for them.

Nov 24, 2018 01:40 PM
Rainmaker
5,119,415
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

take a deep breath and get going....obey the rules.... and don't expect to make a score the first year... or two!!

Nov 24, 2018 12:36 PM
Rainmaker
1,113,099
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Don't post questions Anonymously. 

Nov 24, 2018 12:33 PM
Rainmaker
3,212,013
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

First shed the cloak of anonimity. Don't understand your question... are you asking for advice before becoming a student or after finishing your course?

Nov 24, 2018 11:56 AM
Rainmaker
684,329
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

expect to have a slow start but keep working

learn how to manage your time

be a positive person

find a mentor if possible

Nov 24, 2018 11:44 AM
Rainmaker
5,503,153
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Post a photograph and your name when you get serious.

Nov 24, 2018 11:14 AM
Rainmaker
745,065
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I've heard one agent say "Run!"

Nov 24, 2018 02:39 PM
Rainmaker
3,426,166
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

My advice is to follow your own path...other journeys are not likely the same as yours.

Nov 24, 2018 02:15 PM
Rainmaker
1,368,310
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

The classes are just a process to get your license.  The real education starts from there.  In addition to other advice given, start paying attention to everything real estate in your market place.  You won't have access to inventory prior to being licensed but you can watch market reports and follow trends.

Nov 24, 2018 01:29 PM
Rainmaker
479,011
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Never give up.

And please, post your picture and don't be ashamed of who you are ... Real Estate is a profession that is about portraying trust and your picture is paramount!  IMHO

Nov 24, 2018 01:14 PM
Ambassador
2,363,840
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Pay for a criminal background check on yourself.  If anything negative comes up, find out from your state's Real Estate Commission whether that will keep you from getting a license.  If yes, don't waste time and money on a real estate school.

Nov 24, 2018 01:02 PM
Rainmaker
508,095
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Save money first. Your first closing may take a while.  Don't assume you know anything, even after receiving your first license.  Find a mentor at your office, who is invested in your success and listen to them.  Like many things in life, it's harder than it looks. 

Nov 24, 2018 12:23 PM
Rainmaker
792,481
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Have 6 months of living expenses and study hard

Nov 25, 2018 05:58 AM
Rainmaker
1,086,768
Gary Frimann, CRS, GRI
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Study, then study some more.

Nov 24, 2018 06:35 PM
Ambassador
4,367,633
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Join a good team at a good brokerage.

Nov 24, 2018 02:14 PM
Rainmaker
2,485,072
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Know thyself...richspeare. Also, examine your motives while you are at it

Nov 24, 2018 02:03 PM
Ambassador
1,655,961
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Pay close attention, Grasshopper.

Nov 24, 2018 01:14 PM
Rainmaker
3,857,992
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Update your profile with a photo. You don't want to be a secret agent do you? Why start off anonymous?

Nov 24, 2018 12:51 PM
Rainmaker
1,144,605
Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Be prepared to work much harder than you thought and real estate is a very expensive profession to be in.  The rewards can be lucrative but it takes a great deal of time, training, and patience to be successful. 

Nov 24, 2018 12:27 PM
Rainer
8,739
Alfredo Rodriguez
Eagle Mountain, UT

Patience!

Nov 24, 2018 12:25 PM
Rainmaker
3,364,878
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Be focused, be committed, be prepared, have finanical reserves and know the costs of starting in your area. You can't be faceless and successful!

Nov 25, 2018 05:16 AM
Rainmaker
1,500,682
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Know your exit strategy. 

Nov 24, 2018 10:41 PM
Ambassador
2,896,512
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Go to work for a brokerage that has a mentoring program

Nov 24, 2018 08:48 PM
Rainmaker
2,826,511
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Pay your money to a school that actually teaches students ... not by sending students to the ActiveRain community to ask questions ... truly teaching and engaging their students. 

Nov 24, 2018 07:52 PM
Rainmaker
2,850,078
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Many good responses.

Nov 24, 2018 06:13 PM
Rainmaker
4,572,909
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Why ask anonymously?

Nov 24, 2018 12:31 PM
Rainmaker
65,733
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

Get a profile pic

Nov 25, 2018 05:45 AM
Rainmaker
3,051,068
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Real Estate can be the best or worst career on the planet. That the course teaches you how to pass the test, then the real training begins. Choose a company to work for that will back you, train you and help you suceed. Bigger is not better

Nov 25, 2018 05:38 AM
Rainmaker
780,753
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Get your copy of"Get on the Right Track" a guide to proper analysis of your real estate market before you plunk down your second dollar.  

The book contains the checklist AND conversation you should have with local agents in the creation of your real estate agent business plan.

If you start without a plan, like 90% of your peers, you will be gone and $12,000 poorer in two years.

Nov 25, 2018 05:23 AM
Rainmaker
3,127,715
Richard Weeks
Dallas, TX
REALTOR®, Broker

Create a business plan, and start gathering contact information on everyone you know.

Nov 25, 2018 04:43 AM
Rainmaker
4,432,467
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Nov 24, 2018 11:57 AM
Rainmaker
573,534
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Have a plan... and a backup plan in case the plan doesn't pan. 

Nov 26, 2018 05:15 AM
Ambassador
2,239,745
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Learn as much as possible about the industry and keep asking questions when in doubt. Prepare to be successful

Nov 25, 2018 08:19 AM
Rainmaker
1,559,320
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Don't

Nov 25, 2018 08:09 AM
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Ask some experts about what you are really getting into.

Nov 25, 2018 06:24 AM
Rainmaker
712,464
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am not going to repeat what others have said.

Just know this, success is not guaranteed. Study hard to pass the test. Work hard after you are licensed.

Success in this business is not as easy as many believe it to be.

Nov 25, 2018 07:09 PM
Rainmaker
3,242,251
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Do not quit your job till you have 3 deals under your belt!

 

Nov 29, 2018 11:33 AM
Rainmaker
1,040,855
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

disregard the hype find at least 10 agents who have been in business at least 5 years and 10 who got out after 2-5 years in.. you may get some great tips but also rethink becoming an agent...

Why is this necessary to be anonymous though?

Nov 28, 2018 07:29 PM
Rainmaker
3,983,713
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Market yourself, don't buy leads and call everyone you know

Nov 28, 2018 05:40 PM
Rainmaker
4,160,424
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have lots of cash in the bank, it will be a while before you make good money, and don't give up! 

Nov 28, 2018 09:16 AM