I am studying to become a real estate agent, but finances are fighting against me. I need a regular paycheck

Asked by m.d., Greenville County, SC Thu Aug 21, 2008

for a while. I would like to get into the field via an administrative position. How do I go about that with so many agencies in the area?

M. Dooley SC

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7
Mark Benjamin, Agent, San Francisco, CA
Sat Aug 23, 2008
One way of getting into real estate but having a regular paycheck would be to work as an assistant to a more experienced agent. This way you get the best of both worlds a paycheck and you will learn from a successful agent. Another way that you might try if you are a detailed oriented individual is to offer your services as a transaction coordinator. As you build your real estate business you could wean yourself off of doing transaction coordination. These are just a few possibilities.
0 votes
J R, , New York, NY
Fri Aug 22, 2008
Judging from the number of retired teachers and policemen that have licenses and huge spheres of influence, a regular paycheck in certain fields before going into real estate can be a good thing!
0 votes
Margaret Ves…, Agent, Asheville, NC
Fri Aug 22, 2008
Another option is to find employment in a related industry where you can draw a paycheck but really begin to network. An agent I know worked in the building supply industry before entering real estate, and her contacts there really paid off (along with a lot of hard work, continued networking, and outgoing very likable personality). I have seen a lot of people come and go, and generally the well networked people get the best starts. Some network through previous employment, long time in the community, kids, or just socializing. I know a couple of agents who were young (20s, early 30s) who did a bang-up job through partying and bar hopping!

When you do go decide to move from admin to agent, do it 100%. Part-time, second job agents don't usually make it.
0 votes
Mott Marvin…, Agent, Sunny Isles Beach, FL
Fri Aug 22, 2008
There are many option available. Try seeking a position as a non-licensed assistant in a busy real estate office. It is possible that two or three agents could use your services simultaneously. Another option is to work for a law firm specializing in real estate or a title company.

Good Luck
0 votes
Marie Pallett, , 37043
Fri Aug 22, 2008
Melinda,
I believe this is every new agents concern when starting a company that your pay is solely based on commission. I would check into joining a team. Not only will you learn a vast majority of what it takes to be successful but it's a way to be fed leads by an established agent that can't handle all of thier business by themselves. It's a win win for both parties.
0 votes
David Patter…, , 29229
Fri Aug 22, 2008
Melinda:

That is a great question! There are some real estate agents that hire individuals to be Administrative Assistants, Marketing Coordinators or Transaction Coordinators. My advice would be to put together a strong resume and walk into some of the major real estate office throughout your area (including the two Keller Williams offices).

Your cover letter should state your desires and reasons for wanting to enter the real estate field. Ask the receptionist(s) at each office for guidance in how to place your resume in the hands of agents in need of assistants.

Good Luck with your Professional Pursuits!

Sincerely,

David A. Patterson, Broker CRS
Keller Williams Realty
4400 Saint Andrews Road
Columbia, SC 29210
(803) 429-9010

Visit My Blog - Your Comments are Welcomed
http://www.ThePattersonFiles.info/

http://www.davidpatterson.net/

"A journey begins with a designation in mind."
0 votes
Dallas Texas, Agent, Dallas, TN
Thu Aug 21, 2008
GREAT QUESTION: You can find a position as a recp., title company, office staff member for commercial, or apartment leasing agent.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference:  http://www.lynn911.com
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