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Each month AR runs numerous contests as a way for our members to engage in activities
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Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
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Your Homepage will alert you of new questions in your state
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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Q. My husband and I are thinking of getting into realestate. Not sure if its a good idea. We will be moving to las vegas in about 8 months so we might start early and take the class online @ key realty. I am a motivated person, a hard worker, Im outgoing and I am determined to make money. What will i expect as a realtor? and is it a good idea to become a realtor?
There was a blog on activerain a few months ago which covered your question well.
I have been in the business for 5 years and here are some suggestions for you.
Have at least 6 months to 1 year of basic living expenses or at least one of you working a job with a steady income, you can both get your licenses and work together at the same time. Get to know as many people as possible, join groups, church, toastmasters, chamber groups, any place you can cover alot of people, let EVERYONE know you are an agent. Remind people often, even the friends you are around, they will forget. Do some research about agencies where you are moving to, some agencies have great training available and others can leave you fending and teaching for yourself. The classes won't teach you about getting clients, leads and marketing yourself, the classes will just teach you the laws and the process of the tranaction. Everyone knows a real estate agent, this has become a referrel business, ask a few realtors and real estate sales people how they get their leads and most will say referrel, unless they are in an area that is sparse with agents. The phone and internet does lead to an occasional cold incoming call, but not very often. We as humans need that trust and asking a friend if they know an agent makes that trust connection work, when you know their friend, your networking process is working. An additional way to connect is to see if an agent will take you under their wing and let you work with them on either a team or just with them alone. Some agents are getting to a point in their life where they want to slow down and would like help with the extra leads. It is different for everyone, I have seen people struggle for years and I have seen people get started and with in 2 years are making a great living in real estate. The old saying 20% of the agents sell 80% of the real estate is true and in some local's I have heard it is more like 10% sell 90% real estate. Going into real estate is just like any other business, many already exist, there will always be new agents every year. Do your duediligence and give it a shot. I know of an agent who dropped his business cards in magazines at stores, people bought the magazine and his card would eventually fall out. I don't know if it helped but he did really well in Real Estate.
There are more realtors in Vegas than slot machines. You could have a great time in real estate but if you think you're goung to make a great living, think again.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.