Real estate property Vocation Not merely About Revenue

Straightforward income, adaptable schedules, and being your boss discover this condo seem to be the buzzwords with people thinking of a vocation in household property. Sales was deliberately still left off the work title. Property is relocating far from getting a product sales profession to remaining a useful resource for shoppers which have been shopping for or selling a home.

Mark Nash author of Starting & Succeeding in Real estate and three other property books and a regular columnist for RealtyTimes.com shares the inside story on how begin and prosper in today's transitioning real-estate market.

-Pre-license education will provide you with knowledge about the applicable real estate laws in your state, but will not prepare you to be successful in household real estate.

-The first office you choose to hang your real estate property license in will greatly influence your success or failure in the business. Visit at least three offices and meet with the managing broker before making a decision.

-Technology skills are a must. Over seventy-percent of all dwelling buyers start their search on the Internet before contacting a real-estate agent. Web site development, text messaging, virtual tours are the bread and butter of property today.

-Savvy buyers search out full-time agents. Housing is not a part-time business, no matter what you have heard.

-Understand that successful real estate property agents work fifty to sixty hours a week, many times at odd hours and holidays. You have to become available when clients want to see properties or list their residence, which is after normal business hours.

-People oriented personalities thrive and succeed in household real estate. Patience, level-headed, and pleasing agents are the top producers.

-You're an independent contractor. Many new agents think their broker will build their business, you are a business within that brokerage business. Think like a sole-proprietor and develop a business plan.

-Look and act like a professional. Many new agents are too casual in their demeanor and dress and this spells failure. Consider that property buyers and sellers are dealing with their largest asset when dealing with you, is their accountant or doctor showing up at appointments with them in flip-flops or tennis shorts?

-Real estate is not about income, it's about currently being a resource and developing relationships. In the go-go days of the housing market, many new agents were order-takers. Now with a transitioning market, you need to provide clients with information and strategies. With less motivation and energy in markets, building relationships over the long-haul positions you as a real estate source.

-Join clubs, organizations and non-profits. Networking is how your grow your relationships. Meeting new people who know other people with a real estate purchase or sale need will grow your business. You won't meet new people holed up in your real-estate office or your living room.

-In takes income to make money in property. Many new agents are tapped out financially by the time they pay for pre-license education. Factor in start-up costs such as errors and omission insurance, Board of Realtors(R) and Multiple Listing Service dues, and business marketing costs. Health insurance is available through national real-estate association. Plan on no income for 6-9 months.