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Updated over 2 years ago, 02/27/2022
Newbie agent that is feeling lost
So I came to realize that becoming a real estate agent isn't hard but more or so being one is. I'm still in vocational school for welding and I don't graduate until May of this year(2022). I already completed everything that's needed to actually become a realtor but I'm stuck with how to actually get things going and potentially see a future transaction. I really only became a realtor to learn the business side of investing more. I feel a little lost right now. I joined Keller Williams but I still haven't really had the time to speak with an agent One on One. Don't have as much funds to quit a job and go full time as an agent especially when I don't know what I need to do. Should I wait and start until I finish school or? What would your guy's best piece of advice be for me? I'm 19 as well.
- Investor
- Austin, TX
- 5,543
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- 9,861
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I would try to find a brokerage that promotes the investing and entrepreneurial side of real estate. Or at least find a group within Keller that focuses on investing. Keller Williams is great, but for traditional agents.
Ask your market center about enrolling in “ignite” to give you the skill set to begin
I went into the trades straight out of high school, obtaining my Millwright cert. It was a vehicle upon which I moved around on in my early years, garnering a respectable income. Picked up couple of rentals and just let them soak. I then became a Realtor, and struggled for a bunch of years. After a heart to heart, I decided I was a technical guy and went and got my Electrical cert. Wages were back up and I purchased another couple of rentals. Retired now and am investing in real-estate as a hobby. Chase your passion.
There are more Realtors in the US than homes for sale. Statistically this means that someone cannot be busy all the time making the big bucks. This works out for you because you dont currently NEED a big paycheck. You're young and have plenty of time to make it in RE. I would focus on finishing school, and doing well with that. While doing that, keep your SOI in the know about the fact that you are an agent and can help them or their families with any questions or RE needs they may have as they too finish school.
Give it time. Have a 5-10 year mindset. Try to get to where you can be on a team part time or go do showings for someone in your office. Try to get to do some open houses on Sunday’s. Having a license doesn’t mean anything for business, working it does.
Pick a few lead sources and stick to them. Don't spread yourself too thin and be deep into whatever your doing. Figure out who is wasting your time and who is worth your time.
- Joshua Janus
- [email protected]
- 614-502-5316
- Podcast Guest on Show #1
Just about everyone knows the 3 most important things in real estate (location x3).
However, the 3 most important things for an agent: inspect, inspect, inspect. If you don't know your market, you won't know a bargain when you see one.
Start in your spare time to go and inspect listed property in your area. See if you can go with an experienced agent on one of their inspections. Maybe knock on a few FSBO doors.
If you inspect just one property each day, in 3 months you'll know the market better than many more experienced agents.
Product knowledge is critical.