Becoming a successful real estate agent does not happen overnight. Successful individuals in this field invest time in education, have researched various brokers in the area and have passed state and national licensing exams. Here are some tips for becoming successful and respected in the field |
1. Become educated about the industry. Regardless of where you live, you must take pre-licensing courses. It is important to remember that these requirements are going to vary by state. It is also important to check with various agencies that you are interested in working for. They may have additional and very specific education requirements. Some of these agencies will require extra courses upon hire.
2. Choose an agency you wish to work with. Keep in mind that working with a broker is a requirement in order to work as a practicing real estate agent. You are also going to need to sign a contract with the agency prior to completing your education. Brokers have additional education (often at least three years) in addition to your traditional real estate training. Brokers will be able to guide you through the process of listing and selling homes.
3. Receive your license. In order to work in the field, it is necessary that you pass stat exams as well as national exams. Depending on the agency and where you live, you may also need to provide you future employer with a criminal background check. It's important to note that these exams and the background check will end up totaling you a couple hundred dollars. Also keep in mind that this number can often vary dependent upon where you live.
4. Create a budget for yourself. Remember, becoming a real estate agent is not free. However, it is cheaper than education for many other professions. Nationwide, it is estimated that start-up fees range from $1,500 to $2,000. Included in this cost are licensing courses, signs, business cards, advertising, and association fees. This industry is a commission-based industry. Before starting out, you should have money set aside for living expenses for a few months.
5. Decide if you want to become a realtor or a real estate agent. In order to consider yourself a realtor, you will need to join the National Association of Realtors (NAR). This can be done by choosing an affiliated brokerage to work with and by attending meetings of your local chapter.
6. Build up your client base. The best way to do this is to find a mentor as well as using your personal network. By using a mentor, you will learn the ins and outs of the industry while still gaining your first commission checks.
The decision to work in this industry is not one to be taken lightly. Before committing to this new and exciting career it is important that you weigh your time and as well as costs to make sure this is something that you really want to commit to.
When looking for Baldwin County, AL real estate, residents turn to the services of Roberts Brothers, Inc.. Learn more about our brokerage at http://www.robertsbrothers.com/.
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