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How New is New?

By
Real Estate Agent with Keller Williams Realty

Hello All,

 I have read many posts from my fellow agents and several of them have referred to themselves as New to Real Estate after being in the business for over two years.  Me personally, I have had my license since June of this year, which makes it a little over 4 months.  I know without a shadow of a doubt that I am new and that I have a lot of learning ahead of me, I concede that.  With all of this being said, I just wanted to know how long will I have to work in the business to be considered a veteran?

I am not trying to rush anything or act as if I am being impatient, but I am just curious.  I know that several of you have been in the business for several decades, which I respect that to the utmost, but I am curious to know how long did it take you before you no longer considered yourself New?

Tyler Wedel
THIRD TENNESSEE REALTY - Monterey, TN
Willie, I don't know how long you have to be in the business to not be considered a newbie. I have been in the business sense December of 2005. So I would consider myself new but I also wonder if based on knowledge if I will ever be old in the business there seems to be so much to learn
Oct 04, 2006 08:37 AM
GA-agent.com Georgia Real Estate Directory
GA-agent.com - Canton, GA

I agree with Tyler...we are always going to be learning things from deal to deal.

As far as being new to the business, if any agent that you may deal with tries to make you feel "less than" by asking how long you've been in the business...I suggest replying "ALL DAY LONG" and go on your merry way. There are some agents out there who won't give the time of day, hell, even take advantage of a newer agents inexperience.

Just remember, what goes around comes around.

GA-agent

Oct 04, 2006 09:01 AM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Hey Willie,

Depends how you see it, you can be new with your license, but you can have full of knowledge in real estate and if you see it on time you will be new, but if you see it in experience / knowledge you will be a veteran.

Ray Saenz

Oct 04, 2006 10:09 AM
Colleen Irwin
Retired - Irondequoit, NY
Creative Real Estate Solutions...
Here on Marco Island they define a Rookie as someone less than three years experience....
Oct 04, 2006 12:01 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate
I don't think you measure this by time, but by actions (listing presentations, contracts written, etc). An important concept to keep in mind is 'know what you know, know what you don't know, and know when to ask for help.'
Oct 04, 2006 12:17 PM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX
Willie,

New is six (6) months or less.

The reason is that so many in real estate stop learning at that point. There’s an old saying in real estate, "He’s got six months experience twenty times".

You don’t have to look far to know it’s true.

Six months is generally the turning point is a salesman’s career. At that time you will either decided you know it all or want to, and that’s the most telling decision of your life.

You can stop calling yourself a newbie any time now your membership here and your question show your one of the good ones.

Bill

William J Archambault Jr

The Real Estate Investment Institute

http://www.reii.org

Oct 04, 2006 12:31 PM
Mrs. Sheri Ann Johnson, GRI
Tropic Shores Realty - Spring Hill, FL

I started to feel more seasoned when I could complete an entire transaction without asking anyone for advice! I have taken MANY training classes & even though I don't know everything, I'm headed in the right direction.

The GRI courses are great & should be mandatory for all agents!

Oct 04, 2006 01:11 PM
Pam Hofmann
Third Tennessee Realty & Associates, LLC - Crossville, TN
Your Crossville, Lake Tansi & Fairfield Glade Specialist
Willie, You will know it when you feel it. It will sneak up on you  and all of a sudden...bam...I can do this!! You will have the confidence of your knowledge.
Oct 04, 2006 02:56 PM
"The Lovely Wife" The One And Only TLW.
President-Tutas Towne Realty, Inc. - Kissimmee, FL

"Willie"

I stopped feeling New after about 5 years.

By then most Realtors have the seasoning on the Steak!

Getting involved at your local BOR will help speed up the process.

You can go to marketing meetings and get to know other Realtors. They are always willing to share. At least here they are.

As Always Best of Luck.

TLW "The Lovely Wife"...Kum La Ka Lakka...ROAR!

Oct 10, 2006 12:51 AM
DELETE THIS ACCOUNT .
International, IT

Considering how volatile the turnover is in this industry - you very well could be 'seasoned' by the end of your first tweleve months!  ha! 

I'm curious as to why you're asking this?    Has someone made an issue out of it?  I agree with James on the "all day long" comment if another agent is trying to put you on the spot.  If it's a client however, I think it's always better to be as honest as possible.  

I'm not sure I'd be comfortable saying "less than 5 years" if I've only had my license for 4 months. 

I bought my first home 10 years before I got my license.  If anyone makes an issue of my experience level I say, "I've been involved with real estate for ten years now and recently decided to get serious and hunker down so I got my license this year and couldn't be happier.  If I knew then what I know now I would've done it sooner."

Hope that helps!  ~Janet

;-) 

Oct 17, 2006 02:25 PM
Kerri Brencsons
Lift Interiors LLC - Scotch Plains, NJ
I feel under a year is new unless you are just dabbling in real estate then maybe a few years if you arent getting much experience.
Nov 05, 2006 07:14 AM