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Updated over 5 years ago on . Most recent reply

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Tyler Valerio
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Moving from Multifamily Property Management to Real Estate

Tyler Valerio
Posted

I'm ready for the "Use the search feature" answers but I felt like my situation is unique enough to warrant a post. I currently have a suspended real estate license that I acquired just under 3 years ago. Back then I wasn't mature enough or devoted enough to be an agent so I took a step back and became a leasing agent for a large property management company. While I enjoy my job my dream has always been to be a real estate agent. My license will expire March of next year, so I'm trying to get it re activated and CE credits done before then. My current job see's me being licensed as a conflict of interest. I'm looking for recommendations on jobs people have worked while transitioning into real estate. I've thought server, bartender, or uber driver, but want to see what other options I may have. There are a few local companies that are looking for an inside salesperson to manage their phones and lead follow up. I feel this may be a great way to hone my phone skills, but I also enjoy meeting people and showings. Any advice on how to make a switch to get going because I am responsible for all bills for my family, and will have to continue to be as I make the switch

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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,409
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2,919
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

@Tyler Valerio My mentor just gave me some great advice that could apply to your situation as well.

The market is over-saturated by agents; however, it is not over-saturated by good agents. Brokerages are great for teaching you how to show owner-occupant buyers granite counter tops and shiny hardwood floors. They are not good at teaching you marketing, building a client base, networking, and all the other building blocks that are critical to become a master salesperson. And becoming a master salesperson will get you very far in REI.

Go find a sales job that will teach you all these skills on their dime. Essentially, a good sales job will teach you how to run your own micro-business and pay you while you're at it. Put in 18-24 months, and then take those skills to build your own agent business. 

  • Nicole Heasley Beitenman
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