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5 Things New Real Estate Agents Need to Know

Reblogger Will Nesbitt
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

Five things new real estate agents need to know, is an interesting article that new Realtors should read. For more specific information about what real estate agents should know, continue reading below.

Original content by Candy Miles-Crocker

5 Things New Real Estate Agents Need to KnowBeing a new real estate agent is not easy.  You thought you had it all figured out and saw lots of dollars signs in your future.  Then reality hit.  Here are 5 things new real estate agents need to know if they plan on being in the business for the long haul.

You Are a Huge Risk

You think because you finished your pre-licensing class and passed your state real estate board exam you have what it takes to be a successful real estate agent.  Unfortunately, passing the exam is only the tip of the iceberg.  At the beginning of your real estate career you are what I like to call, "a walking, talking liability".  Buyers and sellers have a lot of money tied up in a real estate transaction.  One wrong move from you can cause them to lose money and you could lose your recently gained real estate license.

You Don't Know What You're Doing

Since you don't know what you're doing, it is important to affiliate with a broker who offers extensive training.  Training that teaches you what actually happens in a real estate transaction.  You learned theory in your pre-licensing class, now you need to learn what's done in practice.  Every jurisdiction has their own Standards of Practice that you need to know.  And by the way, your friends will not want you to represent them because...you don't know what you're doing.

Starting a Business is Hard

Successful real estate agents make being a real estate agent look easy.  It's not.  It takes focus, consistency and a willingness to step out of your comfort zone.  As you begin your career you will find that everyday is a hustle.  You will be throwing a lot of different stuff up against the wall hoping that something sticks and delivers you a client.  It can take as long as six months to get a client...all while you are spending money on your new business.  It gets stressful when you keep seeing your bank balance decrease and your spouse or significant other growing impatient.

You Will Doubt Yourself

Your friends won't work with you, you're spending money and no money is coming in, and you don't see any business in sight.  Right about now you begin questioning your decision to become a real estate agent.  You start asking yourself whether or not you should start looking for a "regular" job...one with a steady paycheck.

This Too Shall Pass

But there is a light at the end of the tunnel.  If it's any comfort...we've all been in your shoes.  We know the difficulty of starting a real estate business.  Don't be afraid to ask the agents in your office for help or tips on what you should be doing.  Ask them if they need help with an open house.  Be proactive in all that you do and don't wait for business to come to you...it won't.  You too can have a successful real estate career if you put in the time and the work.

Related Articles

Real-Life Real Estate Training – The Training You Need, When You Need It

  • Have you struggled turning contacts into clients?
  • Are you working hard, but hardly making any money?
  • Are you beginning to think you made a bad career choice?

If you answered “yes” to any of these questions you are in the right place! The Real-Life Real Estate Training program was designed to transform you and your business so that you achieve your goals. It doesn’t matter what stage in your real estate career you are in…new, experienced, or somewhere in between, our systems will help you focus your time, energy and effort on the right areas of your business. The Real-Life Real Estate Training program was designed by an active real estate agent, so our program is totally realistic, doable and easy to put into action immediately. You’ve learned how to become a real estate agent, but now it’s time to learn what it takes to BE a real estate agent. My name is Candy Miles-Crocker and I’d love to talk to you if you still have some questions or need additional information. Fill out my online contact form or give me a call at (202) 669-1924. Check out what our valued clients have said about us on our testimonials page.

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Candy Miles-Crocker

Real-Life Real Estate Training

Comments(2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Will, Good re-blog for newbies, we all started there and learn from some mistakes but the key is to learn from your mistakes.

Apr 22, 2014 12:35 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Will Nesbitt.  Thanks for choosing such a great blog to re-post.  I had missed it the first go around and Candy made some great points!  Make it a great day my friend.

Apr 22, 2014 12:35 AM