Market Conditions in Dallas>Question Details

Scott Thomps…, Other/Just Looking in 75019

I live in the Dallas Fort Worth area of TX. Specifically Coppell. I am strongly considering making a

Asked by Scott Thompson, 75019 Wed Jan 30, 2008

career change and become a Real Estate Agent. Does anyone have any suggestions about the timing? Am I crazy?

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Real Estate is a great career,
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0 votes Thank Flag Link Fri Feb 15, 2008
I think it is a great career. You will meet great people and have lasting relationships. It does require focus and determination. Having atleast 6 months reserves is helpful while you get your client base set-up.
0 votes Thank Flag Link Thu Jan 31, 2008
I love this job. It is a great career and a true practice. The more you practice the better you get. I am happy to talk to you about it and I work at a wonderful brokerage. Feel free to give me a call. 214-809-2244. Nothing is wrong with the timing. This is generally a referral business and people will always sell and buy homes. It is getting to be a great time to buy as well in many areas of the Metroplex.
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0 votes Thank Flag Link Wed Jan 30, 2008
Real estate is a great business. But it is a business not a job. Opening any new business at a time when conditions are challenging requires more than just desire. Minimally it requires financial security for several months independent of a pay check. Realtors are self employed independent contractors with few benefits offered by the broker. The skills and experience of a veteran Realtor may make them difficult competition for you to compete with for buyers and sellers.
The negatives aside, this is a great business. I work with wonderful clients. I help people and make a difference. I also have the flexibility to care for my aging parent . Be sure to research the brokers before you leap. Training, support, reputation, follow through, history, leads, etc are all a part of the package not just commission split. Look at the costs of doing business. What do you need to financially invest as well as time. This is rarely a 40 hour a week job. The TV shows make it look easy. If it were easy the number of agents who get out after only 18 months in business would not be so high. You asked about the timing. Timing is everything in business. Only you can evaluate if this is the right time for you to start a new business.
0 votes Thank Flag Link Wed Jan 30, 2008
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