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Updated over 3 years ago, 03/30/2021

User Stats

17
Posts
4
Votes
Crispin Wong
  • Murrieta, CA
4
Votes |
17
Posts

What to do after I become an agent

Crispin Wong
  • Murrieta, CA
Posted

So say I get my license what’s the next step I take do I quite my job do I keep it till I get good ?

User Stats

8
Posts
1
Votes
Robert Callaway
  • Real Estate Agent
  • Savannah, GA
1
Votes |
8
Posts
Robert Callaway
  • Real Estate Agent
  • Savannah, GA
Replied

@Crispin Wong Definitely keep your day job for awhile. It takes some time to build trust and clientele.

As you grow take more hours from your current job and “invest” them into generating new leads or servicing current ones.

User Stats

26
Posts
7
Votes
Sergio Alvarez
  • Real Estate Agent
  • Valencia, CA
7
Votes |
26
Posts
Sergio Alvarez
  • Real Estate Agent
  • Valencia, CA
Replied

Quitting your job would depend on how much money you have available to maintain your lifestyle. It will take some time for your SOI to look at you as an RE Agent vs whatever your daytime job is and earn their trust. 

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User Stats

803
Posts
689
Votes
Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
689
Votes |
803
Posts
Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
Replied

@Crispin Wong

This is a little old but read this. 

https://www.biggerpockets.com/...

User Stats

6,212
Posts
7,087
Votes
Jonathan Greene
Professional Services
Pro Member
  • Real Estate Consultant
  • Mendham, NJ
7,087
Votes |
6,212
Posts
Jonathan Greene
Professional Services
Pro Member
  • Real Estate Consultant
  • Mendham, NJ
ModeratorReplied

Why would you quit your job right away, with no experience in your new field. Ask yourself, why did you get licensed? Is it to do the full job as a full-time real estate investor. If that's it, you will need to devote a lot of time to training and learning to scale it up, but that also depends on your brokerage. If you got your license to use to invest, do not quit your regular job for years.

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Zen and the Art of Real Estate Investing
5.0 stars
8 Reviews

User Stats

45
Posts
22
Votes
Sean O'Dowd
  • Specialist
  • Chicago
22
Votes |
45
Posts
Sean O'Dowd
  • Specialist
  • Chicago
Replied

I actually just mentioned a lot of this on another thread, rephrasing briefly below. In short, trying to get some experience on nights and weekends will increase your success rate for when you quit your job.

For example, working as a leasing agent for a big building would be a perfect way to get started.

Another option could be volunteering to sit open houses for agents. You could definitely find someone who would love for you to take that off their plate for the day.

A final option would be trying to work as a transaction coordinator. (Full disclosure: I own a transaction coordination business in Chicago, so I guess that would technically make us competitors?). TC's handle paperwork and all of the admin of a transaction, which would get you up to speed very quickly!