7 THINGS YOU NEED TO KNOW BEFORE SWITCHING CAREERS TO REAL ESTATE
If you’ve been thinking of changing careers and earning your real estate license, there are a few things you should know before taking the leap. We’ve assembled this list to help you make sure you’re ready when you take the first step toward your new real estate career.
Switching Careers
1. You Decide How Successful You Are.
That’s right! You will get out of a real estate career exactly what you put into it. This is a career that rewards hard work. If you dedicate yourself to being successful in real estate, you will greatly increase your odds of success. Your income potential as a real estate agent is basically unlimited. But it goes both ways…part-time effort will likely lead to part-time pay.
2. You’re Going to Need a Plan.
When newly licensed real estate agents fail, it’s usually because they didn’t think about that period of time between passing their exam and cashing their first commission check. You need to set goals, as well as develop a business plan and marketing plan. That plan should include metrics and daily activities all driven toward helping you meet your goals. Hold yourself accountable to the goals you’ve established and the tasks you’ve identified to help you get there. VRS Realty will give you the tools to master these steps!
3. You’re Going to be the Boss Now.
If you’re used to the typical company structure with a boss telling you what you’re responsible for, this can sometimes be a shock. The broker you work for will likely keep an eye on how you’re performing. But for the most part, it’s up to you. You need to be disciplined enough to take control of your career and make the most of your time. You need to be as invested in your success as we are.
4. You May Have to Work Some Weekends.
If you are planning to work in residential real estate sales, you will likely need to dedicate at least a portion of your weekend to work. People shop for homes in their free time. And their free time is typically on nights and weekends. As a result, buyers and sellers expect their real estate agent to be available for showings, open houses, and office visits on the weekend. However, compromise is attainable. Many successful real estate agents work one day of the weekend to balance client service with their personal lives. As long as you’re up front with your clients about your availability, it’s usually not a problem.
5. You Need to Set Yourself Apart.
The good news is your friends and family will likely be eager to work with you as a newly licensed real estate agent. The bad news is nearly everyone knows someone who sells real estate. So what are you going to do to set yourself apart from someone’s neighbor, brother, or best friend from college? The most successful real estate agents know the value of differentiation. You need to develop a brand that sets you apart from the rest of the market and gives potential clients a reason to choose you over someone they know on a personal level.
6. Real Estate is an Incredibly Rewarding Career.
Some people enter the real estate business with unrealistic expectations. It isn’t easy, and it is incredibly competitive. But all of these challenges are what make real estate such a rewarding career. If you dedicate yourself to exceptional client service and hard work, the rewards are worth it. There’s nothing like helping someone find the perfect home for their family and handing them the keys to their future.
7. Technology is Crucial to Real Estate Success. Â
We cannot emphasize enough the importance of technology adoption in real estate. In this industry, you will learn tools and platforms to drive business, increase efficiency, and save considerable time and money. You don’t need to be a digital marketing expert to begin – but you must be prepared to embrace the technological aspects of the business.
The AHI Real Estate Education commitment to our students is unparalleled. From classroom training to on-demand, online education, and advisory services, we provide the most advanced and comprehensive learning opportunities in real estate. We even make recommendations on the brokerage that will be the right fit for your skills and objectives!
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