As the CEO of my real estate of business I realized how challenging the real estate market has been since I entered as a new agent in 2006. Not only is there a buyer and a seller to work with in a transaction, there are banks, Attorneys, Appraisers, Escrow Officers, CPAs, and people Realtors never had to contact ourselves to complete a transaction. We Realtors are the center of a puzzle, key players in turning our communities around, establishing home values across Las Vegas.
I recently let go of my Assistant due to the lack of time I have to train someone in real estate. It was one of my first hires since becoming the CEO of my business. By hiring someone who has zero real estate background my initial thought is taking 30 days to train from beginning to end. Was I far from the truth. After two weeks training I barely touched contracts, documents in the real estate world. Besides systems, websites, there are legal contracts, paperwork to go through. Even a 3 month period is not enough, more like 6 months to be in the comfort zone but not yet completely independent.
Real estate is an ever changing industry. Anyone who thinks he or she knows about homes, values, and real estate outcome without living in a day of the life of a Realtor is a fool. We help people make major changes in their lives. Buying a home or selling a home is a big deal. It's even a bigger deal in our Las Vegas market due to challenges with banks, multiple offers, low appraisals, inspection surprises, and much much more. I've been in real estate for 4 years now. I am still learning and acquiring NEW knowledge. Real estate is the industry of hard knocks!