Thinking about a Career in Real Estate? Tips for Newcomers

By
Real Estate Agent with Tropic Shores Realty - Ich spreche Deutsch!
http://activerain.com/droplet/59gY

The real estate market is good and many newly licensed agents are entering the real estate industry. Traditionally, real estate agents came to the profession from previous careers and work experience that gave them a basis for starting a second career. Today, we see many new agents choosing real estate as their first career. 

Regardless of which group you might fall into, what they teach you in real estate school is just the beginning and typically not even enough to properly write your first offer. 

There are many things you may not be aware of as a new agent. Finding a brokerage that is a good fit is one of the first steps, let them interview you but also interview them in return. 

Making sure you have some financial reserves to pay all the fees, dues, subscriptions, phone bills, to just name a few is another very important step. You will not have an income from day one and it could be several weeks if not months before you receive your first commission check. 

 

Realtor Silvia Dukes Spring Hill Florida

 

No Regrets. Personally, I never have regretted getting my license and starting this new (ad)venture.  I entered the business in 2005 and when the market slowed and crashed not too long after and the going got tough, I didn't throw in the towel but looked for opportunities.

Do Overs? If there is anything I could do over from my first year, I would definitely interview more brokers before joining one and exploring more the various options. For example, ask yourself, should you join a team or work on your own?

When I first started in 2005, I joined a team right from the start when teams were still a new thing. I thought I would like the team approach as that was what I had been used to from previous work experience - however, real estate is a business and should be treated as such. This particular team was not a good fit, the rules kept changing and seemed to differ for different people. The experience held me back in many ways and thus did cost me some money that I would have otherwise had as income. I stayed with this first company for little more than an year. Then I joined a new brokerage that I have been with ever since. 

Here are a few tips for new agents:

1. Find a mentor or someone willing to train you or let you shadow them for a while. You should learn how to enter data into the multiple listing service and complete forms correctly from classes you are taking at your brokerage or Realtor association but beyond that, you want someone you can talk to about issues, sharing experiences, and how to solve problems. And don't hesitate to talk to your broker!

2. Avoid the naysayers. And they will find you! Remember, you become who you surround yourself with so you might as well surround yourself with those you admire and who have a positive and professional attitude.  The naysayers will drag you down with them and prevent you from doing new things and ultimately advancing yourself.

3. Knowledge is power and money. Never stop learning and educating yourself about real estate and your profession. Things are constantly changing especially in technology. What might have been cutting edge 10 or even 5 years ago, is an old hat now and may not be working anymore.

In my opinion, education is an investment in yourself and your business. It will benefit not only you but also the buyers, sellers, and investors you are working with. Look into some of the professional designations that are offered. Not only will you gain additional and sometimes very specialized knowledge, you will also gain credibility among your peers, networking opportunities, and referral opportunities.

 

Decisions

 

The real estate business can be very rewarding and not only in monetary terms. Working with the public can sometimes be challenging expecially when working with difficult people. But you will also meet and work with many wonderful people and you get to help them in making some pretty important decisions in their lives. 

One more thing. Have fun doing what you do and don't forget to take some time out for yourself and your personal interests!

 

 

Posted by

   

 

 For more information about Hernando County Homes and Land for sale including Spring Hill and the communities of Timber Pines, Glen Lakes Golf and Country Club, Silverthorn, and Hernando Beach , please call or visit my website!

Let me help you find Your Place in the Sun!

 

Silvia Dukes PA, Broker Associate

Tropic Shores Realty, 3441 Deltona Blvd, Spring Hill, FL 34606

Phone: 352-584-7441    Email: SilviaDFL@yahoo.com   Website:  www.SilviaDukes.com

 

CIPS      International Real Estate Silvia Dukes    CRS     GREEN Designation     

 At Home with Diversity               

      Women's Council of Realtors      

                             

Copyright (c) Silvia Dukes 2006-2017.  All Rights Reserved. 

Listing and real estate market information is current as of the date it was posted but subject to changes.

All content, including text and photographic images, is the exclusive property of Silvia Dukes, P.A. and may not be used without expressed written permission.   

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Debbie Reynolds 01/17/2018 04:00 AM
Topic:
ActiveRain Community
Groups:
The Lounge at Active Rain
Almost Anything Goes
Addicted to Active Rain
Bananatude
Bartender, Make it a Double
Tags:
activerain contest
advice for new agents

Spam prevention
Show All Comments
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Thomas J. Nelson, Realtor,CRS,e-Pro thank you, I think that can go for just about any profession or industry. It's good to have someone with experience at your side. 

Dorie Dillard thank you, most of us do struggle with the balance between work and personal life though. 

Endre Barath, Jr. you know what they say... when the going gets tough, the tough get going!

 

 

Jan 14, 2018 01:54 PM #16
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

David Wright thank you, I'm a firm believer in life long learning. I cannot see how you could make it this profession without continuously educating yourself. 

Paul S. Henderson, REALTOR®,CRS, excellent point and very true. It's not just regular living expenses but also all the professional expenses we incur and have to carry while we wait to finally get paid some day.

Lisa Von Domek that is for sure, thank you!

 

 

Jan 14, 2018 01:58 PM #17
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Wayne Martin thank you, I believe that the moment you stop learning, you stop growing. 

Barbara Todaro absolutely. I ask myself quite often whether I'm still having fun, luckily the answer is yes most of the time! 

 

Jan 14, 2018 02:00 PM #18
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Brian England I agree, I wouldn't advocate changing brokerages like socks but as agents we need to be aware that we are working as independent contractors and not hesitate to change brokerage affiliation if things don't go well. 

Joan Cox thank you, I appreciate it. 

Brad Thomsen interesting statistics about real estate agents and car sales people. I still prefer selling real estate!

 

Jan 14, 2018 02:03 PM #19
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Joe Pryor thank you, you've been in the business a lot longer than I have but I think we may expose ourselves to many of the same things and challenges.

Roy Kelley thank you, much appreciated. 

Carol Williams thank you, I encountered naysayers early on, it's best to smile at them and just move on. 

Chris Ann Cleland that's great! Real estate is hard work and we often make it look too easy. Also, it certainly looks glamorous on TV!

Jan 14, 2018 02:10 PM #20
Ambassador
3,345,690
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Silvia thank you for sharing this with us.  Your final three points are a must in this business in order to be successful.

Jan 14, 2018 03:27 PM #21
Ambassador
2,293,775
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

What wonderful advice, Silvia! I agree with all of your points, including steering clear of naysayers - that is a HUGE one that many don't realize until they've fallen into that negative energy. 

And, you're right - it's not about the money, it's about serving the people, the community. This profession is so very rewarding!

Have a great week ahead!

Jan 14, 2018 03:56 PM #22
Ambassador
3,430,790
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is good advice and avoiding the naysayers and negativity is by far one of the most important. New agents should read this.

Jan 14, 2018 05:43 PM #23
Rainmaker
276,676
Brad Thomsen
Big Bear Realty - Edmonds, WA
Real Estate Services

Hi Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES 

I am with you having done both.

Brad

Jan 15, 2018 07:14 AM #24
Ambassador
3,408,933
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Silvia

What wonderful advice for those thinking about a career in real estate, but more so for those starting or who are still relatively. I think most coming into the business really don't have a good feel for what to expect and RE school doesn't help.

Jeff

Jan 15, 2018 11:39 AM #25
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

George Souto thank you for stopping in and commenting. 
Debe Maxwell, CRS thank you, having a choice between negative and positive influencers, always choose the positive!  Have a great week!

Debbie Reynolds thank you, it's best to just not give the naysayers an opportunity to rain on your parade. 

Brad Thomsen glad you are in real estate!

Jeff Dowler I don't think I had an idea of what to expect in the real estate business. The real estate classes do not prepare people for actual business situations. 

 

Jan 15, 2018 03:09 PM #26
Rainmaker
548,706
Mike McCann - Nebraska Farm Land Broker
Mike McCann - Broker, Farmland Broker-Auctioneer Serving Rural Nebraska - Kearney, NE
Farm Land For Sale 308-627-3700 or 800-241-3940

Hi @Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES 

Thanks for the pointers.  Especially the naysayers one and the "do over " comments.

I am going to share your blog with my new agent, Lindsey Haden who just received her active Nebraska real estate license a few weeks ago and also has just joined AR.

I hope she starts blogging soon as she is a very smart young lady and I know she has a lot to share with all of us.

If you have spare time, please send Lindsey a message of encouragement...I believe she is one of the future leaders of the industry in central Nebraska...but she has to get through the early days...and months...and years!!

Have a great day!

Jan 16, 2018 08:28 AM #27
Rainmaker
1,400,882
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Silvia - yes all are important since Real Estate is similar to starting another business.  And the last point is have fun or have passion!

Jan 16, 2018 09:28 AM #28
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Mike McCann - Nebraska Farm Land Broker consider it done!  All the best!

Grant Schneider thank you, passion is the right term!

Jan 16, 2018 11:58 AM #29
Rainmaker
3,247,474
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES ,

I'm so glad that Debbie Reynolds re-blogged your post as I missed it. Great advice and staying away from those naysayers is so important! Having fun and enjoying being of service is what makes owning your own business worth while!

Jan 17, 2018 04:35 AM #30
Rainmaker
1,242,731
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Your Alexandria Virginia Real Estate Agent

Silvia, you did such a great job with this post. I hope many new agents read it and listen to all your advice. Love that you tell the good and the bad. This should be featured.

Jan 17, 2018 01:43 PM #31
Ambassador
2,293,775
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

And, I just saw that you are going to Dallas for the CRS Sell-a-bration! I'm super excited and hope to see you at the AR meet-up!!

Jan 17, 2018 02:18 PM #32
Ambassador
1,868,760
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Dorie Dillard a positive attitude does wonders for success!

Amanda S. Davidson thank you, the bad is there to overcome, the good is there to enjoy!

Debe Maxwell, CRS I am looking forward to the event and the meetup! 

 

Jan 17, 2018 02:29 PM #33
Rainmaker
1,327,986
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES, great advice for all new agents. There will always be naysayers, thankfully, it's very easy to push that "delete" button but we must have self confidence which comes with knowledge and hard work. 

Jan 18, 2018 05:47 AM #34
Rainmaker
409,893
Pat Starnes, Brandon, MS
Front Gate Real Estate - Brandon, MS
Broker Associate, ABR, 601-278-4513

Terrific advice! I think mentoring is a great tool and should be available for all new agents. 

Jan 18, 2018 07:45 AM #35
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,868,760

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES

Florida Waterfront and Country Club Living
Interested in Florida Real Estate? How can I help you?
*
*
*
*
Spam prevention

Additional Information