Will working for a real estate company help me with my real state investing?

[Account Closed]

If I start working at a real estate company such as century 21, will it help me gain experience to start my real estate investing?

[Nick J.]

Originally posted by Keela Chambers:

If I start working at a real estate company such as century 21, will it help me gain experience to start my real estate investing?

It will help you gain experience at being a realtor. Larger franchised brokerages are typically not pro-investor or investor/agent friendly. Unless you're very strong in the will power department, you'll easily be steered away from investing and get caught up in traditional realtor activities.

You will gain experience in things that J Scott mentioned, closing procedures and probably a lot of 'marketing' techniques among a few other things that could probably cross over into investing.

My honest advice(I am both an active investor and licensed agent) is if you're new to real estate all together, don't consider getting licensed until you've got a handle on being an investor first. Also, if investing is going to be your long term 'career' choice, find a local, boutique brokerage that is heavily invested.