Apartment locator or residential sales.

[Melvin Mickens]

Hey,

I just recently moved to Austin, TX and currently attending Champions School of Real Estate to obtain my license. I have 2 classes left before I can test. Right now I’m trying to decided if I want to work as a property locator or in residential sales. I’m leaning more towards an apartment locator, mainly because of the current housing market in Austin, there are not many properties available. I know Austin is continuing to grow, so I figured there would be more people looking for apartments, than houses. If any experience realtors can assist me, by given me their opinion on what could possibly be the best choice, I would greatly appreciate it. Thank you. 

V/R

Melvin

[Jordan Moorhead]

@Melvin Mickens they are two completely different career paths. Leasing is difficult here right now too. One sale can be worth 10-20 leases or more, personally I would rather work really hard to sell a few properties if I was just getting started.

[Devin Dang]

Welcome to Austin @Melvin Mickens and congrats on almost finishing up your real estate license!

Start with the end in mind. I agree with with Jordan that long-term your time is probably better spent focusing on residential sales especially with your goal to own multiple rental properties one day. Faster you get in the game and learn, the faster you can acquire the skills to do it for yourself. With that being said, I dont think it hurts to knock out some leasing for fast cash but let it steer you away from your long-term goals and staying on the path will get you there the fastest.

Good luck!!

[Melvin Mickens]

Thank you! I really appreciate the advice. Any suggestions on good brokers I can look into. I haven’t taken the time to interview brokers yet because I was focusing on apartment locating, but now I see I was just limiting myself. It’s best if I start interviewing both, so I can compare the two. 

[Ross Quade]

Hey there Melvin, I was curious if you ended up finding a local broker and stuck with residential side of things? Have you given up on  apartment locating completely?