Young Realtors Guide to Survive

Real estate can be a very lucrative career, but itremind you to have enough money to last for 6
takes hard work, perseverance, and a little luck alongmonths.
the way. Many people join the real estate fieldSecondly, find a company that has training. I would
because of the potential for great wealth andnot be where I am today without the training my
because of the relative ease of getting a license.company provided. There is so much to learn in this
Little do people know how expensive, frustrating,profession that you need someone to guide you. I
and stressful this job can be. When getting into thisam currently on a 12 month mentoring program which
exciting career of real estate, I was warned thatis an expense every month, but an expense that I
70% of agents are out of the business within a year.am willing to pay because of its rewards.
I do not know how realistic that statistic is, but it isMy third suggestion would be to have no inhibitions.
obvious that there is a high turnover rate in thisGet out there and knock on those doors, call expired
business. Too much money goes out and not enoughlistings and for sale by owners every day, do
money comes in.presentations at local businesses, make a habit of
I am now well on my way to have a successfulcalling your sphere of influence, talk to your local
career in Real Estate, but it has not been easy. Ichamber and ask for their relocation leads. Find ways
recently graduated from College with a degree into get your name out there without spending any
Business and started my career in real estate at themoney. I spent hours last summer knocking on
age of 22. The housing market that I havepeople's doors, and asking them if they had any plans
experienced has been less than forgiving. Many timesof moving in the near future. And guess what, some
I have been asked why I started my real estateof them did have plans of moving!
career at such a poor time, but that has not stoppedFourth, get a website and work on Search Engine
my drive to be a successful Realtor. So here are myOptimization. It is no secret that buyers are going to
tips for surviving.the internet to find a home these days, so you
First and for most, prepare yourself for what yourbetter make sure people are getting to your website.
getting into. This is not a profession for the faint ofI have only had my website for a few months, but it
heart. You must be prepared for the ups and theis something that I am improving and will continue to
downs and be able to survive without getting paidimprove because of the internet's potential.
for months on end. When getting into this professionFinally, stay positive! It is too easy in this profession
I was told that I should have enough money to lastto get down on yourself. You need to remind
for 6 months without being paid. Many of you mayyourself that things are not always going to go your
be like me and believe that this would not be theway, and be willing to say "next". Just make sure
case. I figured it would be a couple of months beforethat you are getting things done that will better
I started raking in the money, but it was 5 monthsyourself in the future. So go out there and do it!
before I received my first pay check. So let me