When it comes to starting out in any career, there are going to be concerns of whether or not you are going to know enough to make it a smooth transition. The real estate market is already scary enough as it is since it is a commission based field, but add in that you are new at it and you will have a whole new set of fears. Not being able to make your bare minimum monthly expenses is the greatest fear of all. It’s all or nothing when you get started in such a field. New real estate agents must dedicate as much time and energy as they can to their new career.
If you do just that you will see how wonderful everything turns out. Ignore it and assume that it will all take off on its own and you will see your career crumble. Those who are the most successful at making money during their first year of work as a real estate agent are those who are not afraid to ask for help. In order to make sure that you are giving your career the best shot possible you will want to find a knowledgeable person to act as your mentor. Talk with those in your new office and see who knows the most and who is the most willing to give you a hand.
Above and beyond the typical administrative protocol and procedures that you learned already, there are other things that you must be taught. Learning how to negotiate, prospect for new clients, and closing a sale are extremely important aspects of the job. Without knowing all of this, you will find that you will not be as successful as you could be. In order to make the most out of your time with a mentor, make sure that you are picking someone that is similar to you in their style and habits. This is the best way to make sure that every moment you spend with your mentor is well worth the time and energy.
Your mentor will be able to show you the tricks of the trade, which will bring you to more closings. More closings mean more money. Instead of slowly learning everything you need to know through trial and error and wasting t he first year of your career you can get a jump-start. New Real Estate Agents find that if they do not have the proper guidance they will not make money in their first year. This lack of income is what usually drives people away from their new career, as their financial situations at home cannot handle going that long without steady money coming in. Do not allow that to happen to you.
We followed Christine, a real estate agent in San Francisco, to see how she has become completely mobile and completely paperless in her business. She uses a tablet PC and Real Estate Dashboard software from GoPaperless Solutions to capture wet electronic signatures on contracts, manage documents and transactions electronically, send and receive faxes to her PC while on the road, and provides clients access to their transaction folder via the web.
Toopie is asked the key questions we want to know about the new Real Estate Laws and how they will effect everyone
Before becoming a real estate agent, research the specific state requirements, take real estate classes and pass a required board exam. Learn about the background exam that real estate agents must pass in this free video on job information from a career service specialist.
Robin Greenbaum with Special Guest Designer Matt Swanston from Tattooed Chicken muse about real estate and design.