Friday, August 6, 2010

Who Should Become A Real Estate Agent

As one of the top producing agents in Brooklyn, New York, I have seen so many people come and go in real estate that I just stop counting.


On the more serious side the real estate profession is for people that has a love for people and tons of energy. Someone that's not scared of working with all sorts of people, has the physical and mental ability to work hard, motivated, quick to learn, organized, and a team player. Now granted some of the characteristics above can be learned, but if you already possess most of these qualities then you are on your way.


The world of real estate is not for people that are lazy, can't think on their feet, low self esteem, unhappy or have no business savvy. Real estate agents deal with transactions that involve large sums of money, legal issues and clients that expect real quality service.


It's a sales business where your own efforts will determine your financial outcome.


For instance, over the years I have witnessed new agents come in well dressed and talking big stuff about how they're gonna make tons of cash. But, when they discover what is really involved from trying to get a house to sell, then sell it, and do what it takes to close, they begin to complain and have doubts. The fact is, you can reap the rewards of real estate but you have to be persistent and consistent in order to earn continuous income.


I feel that to one of the best in real estate is to be in love with the business. There's alot of ups and downs in real estate on a daily basis and you have to love the business to keep going day after day.


**What Types of People Become Real Estate Agents?**


1. Retirees - Real estate is great for people who are retired and would like to add to their yearly income by selling a few properties. Also, it's a great way to get out, talk to people, utilize or increase your business skills and get daily exercise.


2. College Students- Many college students join the real estate industry part time and they are able to build a large clientel early if they plan to stay in the business. Also college students or graduates are great because they have tons of energy and they know how to use technology to their advantage.


3. Unemployed - While I'm writing this blog the unemployment rate is up and many people around the globe have lost their jobs. So where do they turn? Many of those people have turned to real estate to earn income. Some people that lost their jobs who have great business skills can easily apply those skills to real estate.


4. Single Moms or Dads - Real estate is great for a mom or dad that have kids and no one there to help because you have a flexible schedule in this business. You can leave early or take a day off whenever you like because you are an independent contractor and you can adjust your schedule.


5. Tired of Corporate America - Many people who work in highly stressful jobs want to get off the strict clock schedule of sitting behind the desk and get back their lives. People who are business professionals, lawyers, architechts, accountants, teachers and more have left their careers to come into the real estaet industry.


6. Part Timers - Some people may want to keep their current jobs and add real estate for extra income part time.


The best part of real estate is that it is a learning process and if you have the will and most of all the passion for the business you will succeed.


**Comments: Do you think you have what it takes to be a great real estate agent?

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