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Updated about 6 years ago on . Most recent reply

User Stats

29
Posts
12
Votes
Radaisy Ramirez
  • Real Estate Agent
  • New York, NY
12
Votes |
29
Posts

Having doubts about my choices in real estate..

Radaisy Ramirez
  • Real Estate Agent
  • New York, NY
Posted

I apologize in advance for the rant, but I really need to vent.. 

I started my 'real estate career' a year ago after paying a ridiculous amount of money for one of those guru training programs. Even after that, I was too afraid to initiate any deals because I've convinced myself that I did not have the knowledge or experience to execute anything of substance. I attended meet ups and was too shy to network with anyone. The last thing I did was go through the entire process of becoming a licensed real estate agent. I joined a brokerage company and now here I am, with an endless list of tasks and trainings that I need to complete to satisfy my brokerage, whilst deep in my heart I really have no interest in being a real estate agent. 

What attracted me to real estate was the idea of investing money into deals to produce high ROI and residual income while I continue to study and to build up my financial life to have a legacy to pass on to my future children. I do enjoy helping people and look very much forward to helping others find solutions to their real estate and financial problems. However, I do not consider myself a salesperson and now I feel like I've committed a huge and costly mistake.

Real estate investing still interests me very much. But I am strongly considering ending my real estate salesperson career. I just do not see the pros of continuing to do something that does not give me joy and is costing me $ every month. 

The only positive outcome I've seen is that I feel ready to go all in the investment side of the business, as I have worked on networking and relationship building skills. Has anyone else been in this situation? If so, how did you handle? Any suggestion on how to end my relationship with my broker? I really don't want to keep paying for their services. 

Rant over..thank you so much for reading. 

Most Popular Reply

User Stats

306
Posts
240
Votes
Chris Svendsen
  • Front Royal, VA
240
Votes |
306
Posts
Chris Svendsen
  • Front Royal, VA
Replied

I am working on my third deal now and every day think this is going to lead to financial success or ruin, but also realize that 2 years ago I had nothing to worry about but also nothing to get me out of what I am tired of doing.  Best advice I ever got is do it now, you will soon find out, like we all do, that you should of done deals years ago.  Set your goals, device a plan to reach them, and then act on that plan.  You won't ever reach success if you don't try. you can do it and everyone here at biggerpockets is here to help.

Oh and just talk to broker.  Tell them what your plans are and that you looking to change.  Never know, they may be a source of deals for you.

  • Chris Svendsen
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