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Updated about 3 years ago on . Most recent reply

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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
633
Votes |
858
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Moving Markets as a new Realtor.

Taylor Dasch
  • Real Estate Agent
  • Temple, TX
Posted

Hello, I just got my real estate license and have yet to get any appointments. However I actively invest in the market that I am in ( Temple,TX) and am very familiar with the area.  I have been thinking about moving closer to my job in Austin, but am not sure how to even start analyzing if I could do RE down there. My first and main concern is that the North Austin market is saturated with real estate agents and getting clients/growing my business will prove to be quite difficult.  I can learn the market just as I have where I am at but figure it will take a couple months to really get the feel for it.  Any advice on changing markets as a realtor, as well as determining the need for agents in a particular area would be greatly appreciated.

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Envision Realty
5.0 stars
37 Reviews

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,585
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

Since you have no existing business, there really is no downside to moving to an area you know better. If you are with a local brokerage only in your town, you will need to switch. To capitalize on a new market, and a hot one like Austin, you want to find a real estate team, under a brokerage, so you can walk into training, leads, coaching, mentorship. As you've found out now, solo agents these days can't do much from scratch and if you know that market, a team there would suit you well and get you up and running and doing business quicker.

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Zen and the Art of Real Estate Investing
5.0 stars
9 Reviews

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