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When The Well Runs Dry

By
Real Estate Agent with Jim Free Realty

Some new licensees have the misconception that once they get their license the world will just come to them and they will soon be driving a nice car and living in a big house. We tried to teach our students that they must be willing to invest in themselves. They must put aside some of their earnings to market their business and they must invest in their education and training.  I have seen some licensees that had a lot of friends and relatives and they did very well the first year, some were named rookie of the year and two years later they were out of the business.  Their well went dry and they didn’t know what to do about it. To keep your well from going dry you must stay up on the latest techniques and technology and invest in yourself.

Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hi Jim.  It certainly is a tough business.  I thought I would be rolling in it...

But I still love it!

Ken

Dec 18, 2011 04:57 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

When I first started I was going to be doing loans - a loan officer.  I figured most of my job would be proccessing loans and I would just make lots of money.  I did not understand most of my job would be getting loans to process. 

Dec 18, 2011 05:05 AM
Brian Rugg
Rugg Realty LLC Sun City Texas 512-818-6700 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Hello Jim:  Building a sustainable business is tough work. Anybody can do this once, (although many never do one) and it takes a good plan, well executed, to make a business of it.

Dec 18, 2011 05:14 AM