Does not sound so easy how you are planning to do it.! It seems like the only way for you personally to "get in" is either get open houses to sit, become a buyers agent or assistant for a larger team around you, or friends of yours and or your kids will throw you a "bone", which is a wonderful thing. Truth is, Mickey Mouse can list your home if he had real people skills. Both sides of the transaction only take good communicators, honest negotiators and agreement by the seller and buyer, nothing more. An agent is nothing more then a facilitator. The fluff, big names, offices are worthless in this market for anyone new (or seasoned) unless you find sellers that actually believe it makes a difference. It is a costly racket, I have been in the top 2 companies and made it to #1 in the offices and realize how nothing they did to get me where I was. Clients are hiring YOU, not the company. If you are in an area that only uses "Mickey Mouse", by all means join in.
If you need any resourceful ideas, contact me... Think out of the box!! Have everyone you know, be your advocate to getting you work. "Enrollment", "Enrollment","Enrollment","Enrollment", that is literally all we do all day, esp in RE. Learn it and you are a master. You can't be a good RE agent if it is a job your doing to pay bills, you have to love crown moldings (or not), know what ficus tree does to concrete and really be into it, or you become a used care salesman. You have to learn the language somewhere!!! Nobody wants a used car salesman to sell their house! (Well some would, run the other way)
Check that site out, it will bring clarity to what I am saying.
Best to you!!! I am in Los Angeles if you know anyone to refer for business. Referrals are an important part of our business as you will soon see.
Jordan M. Miller
A Power Brokers International Real Estate Partnership
Cell: 310.902.6337 Home: 310-302-8991 DRE#01444541
Copyright 2009 Â© Power Brokers International Inc., California Department of Real Estate, License #01520327. All rights reserved.
You can sit open houses for other agents, ask an experienced agent you know if you can possibly assist with a transaction or tag along - offer to do it for free. This advice may take some heat but it's a great investment in yourself, Real Estate is a mix of book smarts and learning on the job.
Instead of apologizing that English is not your first language, capitalize on it! Congratulations, you may have already found your niche!! Consider creating some brochures and flyers in Japanese.. start blogging with your targeted audience in mind & go hyper-local (restaurants, specialty stores, arts events etc.)!
Although we are in different areas and some things work differently, we have quite a bit in common. I started out with a baby on the way, a husband on active-duty and I am bilingual. If you'd like to chat, feel free to call or email anytime - I'd happy to brainstorm some more with you.
Good luck & best wishes!
You can have a profitable real estate business without ever leaving your home. This requires a special set of tools and understanding, but you need to know to ask the question, "What business options are available if I have extremely limited public hours?" The mentor or guru will share the things you can get started on today.
HINT: that is the nature of a mentor, guru or transaction engineer, they provide solutions not excuses.
You need to understand, not every line tossed into the lake will hook a trophy, some catch nothing. But the desire continues to burn. Have faith that consistently engaging in the right activity WILL produce the outcome you expect.
There are many agents in your position who make a very good living as "referral agents." They advertise to attract buyers to other agent's listings, then refer those buyers to other buyer's agents to do the deal in return for a referral fee. If you have strong marketing skills, this may work for you until your children are old enough to allow you time in the field yourself.
I have small children as well and can relate to the fact they demand a lot of attention.
I think an important thing to do is get a mentor at your brokerage. It is ok that your new. what people want most is knowledge and expertise. get out there and know your market visit open houses, review market trends, reveiw contracts, and connect with your local realtors.
You will have to check with the various brokers out there to see if they skype conference. usually the weekly meetings have good information and they pass out leads for potential listings. A quick and easy way to gain experience and knowledge.
There is no business on the face of the earth like real estate. Real estate is only the vehicle, wealth is in your mind! You need to STOP thinking about what you can not do and begin thinking of what you can do! That IS the miracle of real estate. You need not conform your business model to what is being offered to you by others. However you DO need to understand how YOUR business will work.
1. What do you have to work with? This includes financial resources, office assets, extensive lists of people, web presence. a verticle market such as 'Japanese Language and Community" and ANY other social, professional or recreational outlet. Don't overlook other growing families that need more space.
2. What are you willing to do? Your comment regarding attending weekly office meetings is reflective of a crippling confinement of your realization of what the real estate business offer you. You can start with zero, nada, zilch in assets, but if you are willing, success is before you.
3. Be teachable. Those who are unteachable share a common affliction. If this affliction surfaces in your life this you may want to look at other venues. The unteachable allow the words "I Know" to close their mind before any new thought can enter. The teachable, the insatiably curious, will find real estate the most fascinating of experiences available to nearly everyone who has a dream.
4. You need a mentor. Not a broker. Not a team. Not a organization with rah-rah meetings and the noise of activity. These Mentors or gurus are the transaction engineers who know how to put deals together, who know how to find a solution in every situation, who know how to define the goals of each participant and package a deal where all succeed. This mentor will not waste your time or their time in a class room. They understand that your bank account does not change a bit before and after a training session. They do understand that what makes a difference is doing deals. DOING DEALS. Find the folks who are actually doing deals, real deals supported by the numbers, and convince them to give you a chance. Be prepared to go to work within five minutes. If you are unwilling,(to go to work NOW) you will have revealed, 'there are things you will not do' and the mentor will be challenged with 'un-training' you.
The best place to look for such a guru is in a medium sized local 'non-franchised' office. There is not magic in being successful in real estate. It is simply of doing what you say you will do, and doing it IMMEDIATELY!!!...That means right now.
5. Understand you may be looking into the wrong segment of real estate. There are more rewarding options to consider for those with shallow pockets, limited resources and true fire in their heart. If you spend too much time soliciting the opinions of others and have not made a list of the local non-franchise brokers to call to schedule a meeting with the broker, you may need to re-evaluate your motivation.
It is not education that determines your success
It is not training that determines your success
it is not in IQ that will determine your success
It is not the brokerage you choose to join that will determine your success
It is not the i-phone, website, letter following your name or picture on your business card..
The secret ingredient to success is:
YOUR WILLINGNESS TO TAKE ACTION NOW!
Best of success to you.
ReMax Realtec Group
Palm Harbor, Fl
727. 420. 4041
Yes I do have some ideas. What area do you work in?
I did it passively for many years earning more money then many Realtors ever do when they work full time... Think out of the box with me.
A Power Brokers International Real Estate Partnership
Jordan M. Miller DRE#01444541
I think you can attract new customers by offering to pay them part of your commission.
I think its best to affiliate with a large company in your market where they have a lot of listings. As a new agent, you can do open houses for other agents in your company with listings, and try to meet some buyers you can work with. Also perhaps you can try working part time with another agent as an assistant to learn more about the business. I think it would be really hard to try to go at it alone, if you don't have what we call a "sphere of infuence" (friends, family, past clients etc) to draw upon.
You really need to put time in to developing your career if you want to be successful. You might need to look into having some kind of day care for the kids so that you can attend your office meetings, preview inventory, and ultimately take clients out to view homes. Best of luck to you!