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Kt805, Other/Just Looking in 93041

im 19 years old and i need guidelines to become a sucessful real estate agen can someone help??

Asked by Kt805, 93041 Wed Dec 14, 2011

im 19 years old and want to join the real estate bissnuess. alot of people around me has told me its not a good idea due to the economy i would like help from agents or brokers tthat cann send me to the right direction and can help me intern to get more experience as a real estate agent.. thanks

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This is a great time to get into the business if you are willing to be disciplined & patient. Find a niche that you can specialize and become an expert over time.

You may be required to look at your real estate income as a supplement at first because you are just starting to build a business. Have something that can pay the bills in the mean time while you learn & then transition into full-time.


Best of luck!
0 votes Thank Flag Link Thu Apr 19, 2012
You're friends are right. This is a very difficult time to enter the business. But that doesn't mean you can't be successful. You'll have to work very hard and be willing to spend some money upfront to market yourself and generate business. Also, find a local realtor that has a good reputation for training new agents.
0 votes Thank Flag Link Thu Dec 15, 2011
Real estate, as you most likely know, is famous for the extremely high rate of attrition. Nearly 95% of all aspiring real estate professionals are 'out of business' before the end of their second year.

In every other business you can imagine, the individual will actually have a plan, know what their business is about and have some clue regarding what good or service they will be providing to separate folks from their hard earned money. Only in real estate does 'living in a house' qualify one to be begin their journey in a real estate career. Too many approach a real estate career backwards. They pay to receive a license then ask, "Now what?"

There are 100's of ways to make money through real estate. Residential sales is only one.

There are dozens of business models to evaluate.

There are many, many ways to get started by leveraging the resources you may already possess such as a defined vertical market, sphere of influence or other organizations.

You may find more money can be made in real estate through activity where a license is not required!

You may find your niche to be a middle service provider where you acquire no real estate, pay no fees, belong to no organizations and do not need a real estate license.

One meteoric star in this area was a kid with a blue Mohawk who identified a market trend and stepped in front of the market. The classic, "You can do real estate looking like that" paradox. The difference between this young man and the 95% that failed: He know where he was going before he started.

Spend some time at Barnes and Nobles Booksellers and read up. Library is another good place to visit. When you get a idea of the real business you want to pursue, you will know what questions and qualities to look for in the organization you will ultimately work with.

Just to give you some additional encourage to complete your research, ask yourself this question, "Do you want to work for 2 to 3% or 15% or more?" Your reading will reveal to you the direction most suitable for you.
Web Reference: http://www.MyDunedin.com
0 votes Thank Flag Link Thu Dec 15, 2011
Kt805,

Here are some suggested guidelines that will hep you in your real estate career

1.) Take classes- increase your knowledge
2.) Establish a niche market
3.) Get out there and let everyone know that you are in real estate and looking to do business i.e. your website, blogging etc.
4) Provide great customer service. Think of it as a good movie or meal. You will go out and tell your friends how good it was or bad!


Good luck
0 votes Thank Flag Link Thu Dec 15, 2011
Dear Kt805,
After you pass your Real Estate Exam you need to find a good brokerage who is willing to work with new agents. Some brokers have excellent training and you will need quite a bit of it. There are many legalities in Real Estate and you must be well trained in all of it.
Also, you will need a mentor for the first year. That will be an experienced agent who can work along side of you and assist you. You might also consider working with an experienced team for the first 5 years, in addition to the mentoring, before trying to go it on your own.
0 votes Thank Flag Link Thu Dec 15, 2011
You need to interview with several agencies to see if they offer new agent training that is ongoing. At your age you need some mentoring, you might even start as a real estate assistant to an agent to give you experience.
0 votes Thank Flag Link Wed Dec 14, 2011
Being a Realtor is hard work and requires true dedication to your clients.
0 votes Thank Flag Link Wed Dec 14, 2011
Call our office on Saturday afternoon. We may be able to provide an internship and give you the jump-start you are looking for.
0 votes Thank Flag Link Wed Dec 14, 2011
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