Starting out in Real Estate

[Thomas Shipman]

I just turned 18 in January 2019 and I’ve been doing my research online for the past year on real estate, wholesaling, flipping and investing and I think this is what I want to do as a career. But since I haven’t graduated high school yet, what can I do to get a head start and get going early?

[Nathan Gesner]

@Thomas Shipman I'm not saying that at all. I'm saying I wouldn't buy a Ford from someone driving a Toyota, I wouldn't hire a property manager that had no experience in owning a rental, and I wouldn't trust a doctor that smokes. It's my personal preference.

A local agent and Broker of Johnson Home and Land in Lovell, Wyoming became a REALTOR around age 20. She's been doing it for over 20 years and is very successful. However, she was supported by her husband when she started so she probably didn't have to worry about putting food on the table.

Over 80% of agents quit in their first two years. It's not as easy as people think and it's even more difficult if you are young and inexperienced. You'll be competing against people that are more educated, 2-3 times your age, and with far more life/job experience that will be far more relatable to the average buyer/seller/investor.

It's not impossible but you should go in with eyes wide open and know what you're up against. You will have to hustle just to keep up.