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Updated about 6 years ago on . Most recent reply
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Thoughts on becoming an agent in the soon slumping economy
Just licensed in Kansas City Missouri, I’m more interested in RE investments than actually being a realtor. Obviously I know very little. Do I join a top team in the area and learn the ropes or do I hang back? I just feel like it’s now or never! Seems like most top teams want me to join full time though... thoughts?
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I had a similar question for myself at the end of summer. The biggest question I had to answer for myself was, do I want to help people find their first home with the emotional side of things OR do I want to help other investors find their first second third, 100th deal. difference is the emotional RE agent or the analytical RE agent. Investors are more concerned about how the investment is going to earn them money not do they think it is a good looking property.
The advice I received from a seasoned agent near me is going with a agency that has quality training and interview them on their business.
I do personally feel like the market is near some sort of correction or turn, however that isn't going to stop me from becoming a agent.
I was working part time for a construction company and studying for my RE license, I decided to take the plunge for full time. I built up some cash reserves through my job and allowed myself to take some time off before going full time RE to further my education and get networking.
My advice, I listened to the Ken Coleman show (podcast) and read a few books to get my mind right with where I want to be and more importantly WHY 5 years from now. RE agent will be my vehicle for that!
Happy investing!