NJ Real Estate License

[Joe L.]

Hello all!

I am currently in the process of obtaining my real estate license and boy is it eye opening the initial out of pockets fees you are required to pay (licensing fees, testing, fingerprints, etc.)

What I’m curious to learning are the everyday operating fees that one incurs once they find a broker that will sponsor them. Can anyone shed some real world experience on this? For example, someone in my class pointed out some brokers charge “desk fees”? Any additional insight on what to expect, as it relates to costs of being a real estate agent with a broker will be greatly appreciated. Thank you!

[Maria Afsharian]

By the way Joe. In my experience, you will get A LOT of phone calls from MANY appealing services like Zillow, coaching services, and other lead sources trying to sell you subscriptions and things. I highly recommend you politely say no to ALL of these things. 

All I needed to do was free, 

SET UP MY SYSTEMS that are repeatable 

a) Create and use my daily schedule

b) Get documents in order using (google drive) and or Trello

c) Practice free scripts available online to use when talking to buyers and sellers 

d) Put together my listing presentations for buyers and sellers - digital or paper

e) Learn and use my CRM - paper or digital

f) Start with my sphere of influence, friends, families, etc. 

g) Volunteer for open houses, charity events, networking to build my database

h) Work with your broker to set up a business plan

i) Know how to do a competitive market analysis  

READ the books offered to realtors on Bigger Pockets written by real estate agents 

Whatever you do, stick to the basics that are usually free...don't go to too many trainings..focus on your basics...then later get any of those services you turned down earlier if you need them.