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tnycman, Other/Just Looking in New Jersey

Thinking on getting the Real estate License,

Asked by tnycman, New Jersey Wed Nov 13, 2013

I currently live in NJ about 30 miles to the city, not sure its better on getting it in NY, or NJ ?.. I currently work full time in IT, but would love to do real estate as part timer not sure if that possible at the moment.. I don't know if i should go for NY or NJ i think NY should be a lot more work available vs NJ, but I could be wrong. I'd love to do it full time eventually, any thought would be appreciated..

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Start with NJ - 30 miles (from NY) isn't around the corner - real estate involves being available at odd , unpredictable, and irregular hours...........develop a "sphere" of influence closer to where you live for now.

You can always expand outward once you get established.

I am only 17 miles from the city, but, imo, that would really be a challenge due to the distance.

Best wishes...........
0 votes Thank Flag Link Thu Nov 21, 2013
Before I jumped into the business, I would ask myself how I planned on getting clients. That's the big question. If you can't get clients then you can't make sales.

Are you going to rely on your sphere of influence? Are you going to pay for leads via Truila or elsewhere? Are you going to build/promote a website?

There's about $2,000 worth of costs to get up and running where I am. That's not a lot when compared to such thing as getting a 4-year degree from a major university, but you have to pay it upfront in cash and then hope you can earn some business.

Also, I'm very much not being a buzzkill here. I love real estate and get depressed just thinking about having to do something else. That being said, you HAVE to have a solid plan for attracting business BEFORE you get started. Even if that plan is simply to team up with an established agent you might know to work for them as a buyer's agent working leads for them that come in off their listings signs and then split the deals when they close.
0 votes Thank Flag Link Thu Nov 21, 2013
It sounds like this blog may be just up your alley,…
0 votes Thank Flag Link Thu Nov 21, 2013

If you live and work in NJ it might be best to start with your NJ license. If your circle of friends, family and co-workers are in NJ also, you'll probably have a chance at more leads.

Coldwell Banker is a great company to work for. They offer their agents a lot of resources and support at no additional cost to the agents. They also offer a great training program and offer many continuing ed courses and some for free.

If you would be interested in learning more please contact me. You could possibly get a discount for the licensing course.

Jane Jennings
Sales Associate
Coldwell Banker
Cell: 973-229-7857
Office: 973-263-0400 x 205
0 votes Thank Flag Link Thu Nov 14, 2013

I believe it is pretty easy to get your license in NY once you have one in NJ.

My Keller Williams office in Clifton offers discounts for the school.
We have great training and support for new agents

I started at Weichert and they have a good fast track program but and you could get a good mentor too but later realized Keller Williams takes care of their agents better and has better on going training, process and systems. That is why Keller Williams is voted top 9 places to work for and now the largest Real estate company in North America.

Best Wishes
feel free to contact me for anything
0 votes Thank Flag Link Thu Nov 14, 2013
Hello tnycman,

get your license in both if you want. Select the area you feel you want work/invest or whatever in RE and do it!

Best of Luck
0 votes Thank Flag Link Wed Nov 13, 2013
I'd agree that its best to be licensed where your sphere, and or where you anticipate doing the most business. Good luck if you go part time. It's hard to split your time between demanding clients, and keeping your life straight. I imagine having your life, and two jobs would be even tougher.

0 votes Thank Flag Link Wed Nov 13, 2013
Hi. As a realtor in northern NJ, I certainly think there are plenty of opportunities here. You should consider where you would be getting business. If your sphere of influence is in NJ, then that would make sense and vice versa. You can always get licensed in one state and add the other. Feel free to contact me with questions or to discuss in more detail. Good luck!
0 votes Thank Flag Link Wed Nov 13, 2013
Thanks Katrina,

NNJ would work great for me as that's where i live.. right now I'm looking at the Weichert School of Real Estate to get the license course..

Flag Wed Nov 13, 2013
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