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Updated over 6 years ago on . Most recent reply

User Stats

21
Posts
6
Votes
Paul Sammons
  • Rental Property Investor
  • Little Rock, Ar
6
Votes |
21
Posts

To be or not to be an agent?!?

Paul Sammons
  • Rental Property Investor
  • Little Rock, Ar
Posted

I just cannot decide if I want to become a real estate agent. I hear that most agents fail. I’ve watched dozens of videos about the topic. I have a pretty good handle on what the pros and cons are. Can someone please tell me their personal experience with becoming an agent and what their experience was?

Thanks all 🙏 

Most Popular Reply

User Stats

36
Posts
37
Votes
Edward Cervantes
  • Rental Property Investor
  • Arizona
37
Votes |
36
Posts
Edward Cervantes
  • Rental Property Investor
  • Arizona
Replied

I am not an agent but I completed my prelicensing. My reasons for doing so is it increased (1) my credibility as an investor, (2) my knowledge of details that go into a transaction, (3) my local network of practitioners from contractors, lenders, brokers, and certainly agents.

The reason why most agents fail is because they are interested in real estate rather than committed which, in this context, means consistently engaging in sales-related activities. Some folks didn't make it through the course. Unfortunately, some people buy into the idea that it's mainly about driving around showing people homes but that's just the surface.

Regardless of whether you plan on going full-time or part-time as an agent, or an investor, becoming an agent—for the most part—offers upside potential that outweighs any potential downsides.

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