BECOME A TOP REAL ESTATE AGENT

Why do you want to become a real estate agent?

It is very important that it is your PASSION to work in the real estate industry. Otherwise, you will easily give up before you can see the fruit of your hard work. Here are some facts about the earnings by realtors in the United States (Occupational Employment and Wages, 2015):

Being a top 10% real estate agent will bring you a delicious income of more than $100,000. In some areas, the top real estate agents can easily earn a seven-figure salary.

How can you be one of them?

By becoming a Real Estate Agent, you need to understand what it takes to get into this business. Real estate is truly a business in which you work for your own benefits. If you can’t close any deals by the end of each month, nobody really cares. The only person is responsible for your success is you.  In fact, working as a real estate is like starting a small business. Thus, you will need some significant initial capital to cover your startup costs for several months before your business can produce enough profits. Below is the 5-step guideline to help you become a top real estate agent in less than 2 years:

1. Get Licensed and Educated in this industry
   • Must be at least 18 years of age
   • Education requirements vary in different states
   • Pass the real estate licensing exam
   • Refer to the following website for detailed info on how to get licensed and educated

2. Choose a Brokerage to practice your skills
   • Practice working in the field
   • Practice listing homes
   • Practice selling homes

3. Develop a Real Estate Agent Budget: estimated between $4,000 to $5,000
   • License courses & Exam fees
   • Business cards
   • Signs
   • Advertising
   • Association fees

4. Network, network, and network!
   • Get a mentor: in business, it’s who you know that determine your future success.
   • Join the National Association of Realtors (refer to this link).
   • Join local association meeting (more info on https://www.meetup.com/topics/realtors/)
   • Build Your Client or Referral Portfolio

5. Know the neighborhoods crazily well
   • Be a go-to realtor of your area
     • Being a nobody to people in your local community will ensure your failure
     • Remember, if you are first, then you are last.
   • Use latest technology to keep you informed about local listings
     • Utilize mobile apps like Zillow, Trulia or Realtor

Best of luck with your real estate career!

“Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.”

—  Jack Ma

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Welcome to THE KING OF CASHFLOW

As a happy student of life, Huy has discovered that life is a series of very interesting courses where he can’t just simply learn from books or schools. Fortunately, every person that he meets and every incident that he faces truly give him tremendous valuable lessons. The most important aspect of being a student of life is that he learns things with a great intention: to improve himself every day.

With a strong background in finance and business, Huy will share with you great lessons that he has learned over the years. Let’s share our knowledge so we will learn from each other!