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Anthony, Real Estate Pro in 19020

i am 18 and want to go into relstate is that a smart thing to do

Asked by Anthony, 19020 Sun Oct 25, 2009

since i am onley 18 and have alot of things ahead of me i want to make the right choice and do what is good for me and my future

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I got into real estate when i was 33 and have been full time every since. If i would have known what I know now, I would have became a real estate a lot sooner.

However, working for Fortune 100 companies provided me valuable training, experience and the importance of being a professional.

At 18, i would wait.. if real estate interest you, find broker you can respect and emmulate.. Have him show what it mean to be a real estate agent. You might prefer being a sales rep for title company or another vendor.. for sure it will open doors if you get in sooner than later...

My broker started when he was 24... 24 years later... he still looks like he graduated high school..
0 votes Thank Flag Link Mon Oct 26, 2009
P.S. I disagree with some of the comments here. You do not need a fancy car nor do you need to look like you are an old man to give it a try. Just keep your expectations in check and align yourself with someone who is successful.
0 votes Thank Flag Link Sun Oct 25, 2009
Anthony,

Real Estate can be a stepping stone to success!

Being a Realtor is easy. Being a successful and talented Realtor not so easy. It takes a lot of hard work. If you feel and think you would like to try Real Estate, I say it is an excellent choice. Chris and I have made Real Estate our career after several other previous careers. Real Estate was the last thing on our minds when we were 18. Chris went to college and was a CPA for the government and eventually got involved in the stock market as a Broker. I was a professional artist and art teacher and got eventually earned my Masters degree and started my own business. Chris and I have a lot of experience between the two of us and we owe our success as Realtors to our past lives, so to speak.

Our suggestion is that if you want to try it, try it. Perhaps you can get your license and wok as an assistant to someone who has a successful Real Estate business. Take college courses related to business and develop strong writing skills as well as communication skills. Earn your BS degree all the while working perhaps part time as a Realtor Assistant while you get a higher education.

What is the worst thinking that could happen? You add Realtor to your resume and you get some real solid work experience. You do not need to stay with any career that does not meet your expectation or one that does not provide you with the challenges that make you a better man.

Like I said, Chris and I have changed careers several times. It is possible that unlike us where Real Estate may be our final career choice, for you it may be the first choice that launches you into a very successful career in something you never dreamed or though was possible.

Good luck to you.
0 votes Thank Flag Link Sun Oct 25, 2009
Hey Anthony
I fully agree with Grace. Unless you look a lot older than 18 and act like it with a decent car so that your clients feel like they can trust you you'd be smart to do something else long before becoming a real estate agent. I'd recommend re-looking it in your 20's and hopefully the market would've come back up and with more experience you'd be a success if you are disciplined and a hard worker.
Best of wishes
@ListingMoves
0 votes Thank Flag Link Sun Oct 25, 2009
Hello Anthony and thanks for your post.

Personally, I would not suggest this job for an 18 year old now and in this market. Although it may seem like the way to make a lot of money without having to go to college, the truth is that with the market being so much tighter and home sales less frequent, I'm finding that the "newbies" are being squeezed out of the market by seasoned professionals who are hungry for more sales. And, given the choice between working with an 18 year old who is far younger than the homeowner or the potential homeowner and an older Realtor who has years of experience--well, the seasoned professional wins. There is an optimal time when sales people (of any profession) make the most money and that is from the mid-20s to the late 30s.

If you would really like to work in real estate, I would strongly suggest getting an assistant position within a larger realty firm in your area. This way, you can see what is involved in selling homes and determine if you like it and want to make this your profession for the next 30-40 years.

In the meantime, as a college graduate, I cannot emphasize enough the importance of a higher education. How you present yourself both in written and verbal forms is key to your long term success in any field. While High School is a great starting point, it's college that broadens the mind, fine tunes your skills and, most importantly, gives you options in life that can change how you live and dictate how successful you will be. I work with multi-million dollar clients daily, and I count part of the reason for that as coming from the fact that I am a college graduate and have a knowledge equal in some cases to the clients I serve. If I had not this same education, I think my client would feel far less secure in my abilities to work effectively with them.

Finally, you are correct that you have a lot of things ahead of you, and it will take time to figure out what talents you possess, what interests turn you on, and how to blend that into a life-long career of satisfaction. If you want to stick a "toe" into the real estate pond, please do, but I would still encourage you to go to college.

Good luck!!

Sincerely,
Grace Morioka, SRES, e-Pro, BS Finance
Co-Host: Naked Real Estate on BlogTalkRadio.com
Co-Author: Homeowners Associations: A Guide to Leadership
Area Pro Realty
0 votes Thank Flag Link Sun Oct 25, 2009
As with any new business, you will need start up money for education and dues, office supplies and equipment .
Give yourself 6 months before you plan on making money. With a good business plan and some luck you should be fine. Most real estate agents are older , especially in FLorida, so a young realtor should have a great market with the new generation of first time home buyers and savy tech buyers and sellers.
GOOD LUCK
0 votes Thank Flag Link Sun Oct 25, 2009
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