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Updated about 5 years ago on . Most recent reply

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John D.
  • Specialist
  • New York, NY
2
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12
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Should I become a realtor?

John D.
  • Specialist
  • New York, NY
Posted

I have sparked an interest in real estate specifically the investor aspect when it comes to multi family properties. I’m loving all the info on BP. I want to learn more and submerse myself in real estate by possibly becoming a realtor to better network and look for opportunities. Any input would be great! Thanks in advance

Most Popular Reply

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28,065
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,070
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28,065
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Have you considered the actual costs? Real estate is an inexpensive career to get into, but it's very difficult to make a living. Reports show 87% of all agents quit within their first two years. 

I recommend saving up 6 - 12 months of living expenses. Then find a brokerage that will provide a solid training program to get you started. You can consider breaking out on your own or working with a smaller company and better splits after you've proven your earning ability. A large group like Keller Williams will have the best training but you'll also face some tough competition.

  • Nathan Gesner
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