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:
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
Choose a Brokerage to practice your skills
Practice working in the field
Practice listing homes
Practice selling homes
Develop a Real Estate Agent Budget: estimated between $4,000 to $5,000
License courses & Exam fees
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).
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!
Welcome to AskHuy.com – MY REAL ESTATE BLOG
Also, I want to share with you on my real estate website: www.askhuy.com. My website will help you figure out the estimated valued of your home as of today by simply typing your home address along with your name and email. And the best part is that you can always let me know if you have any real estate needs.
Particularly, Huy provides three main services to his clients:
1. Free estimates of your homes without any payment obligations 2. Free consultation on how to list your homes for sale. 3. Free consultation on how to buy your first homes and obtain a pre-approval letter. Let’s get connected to help me help you determine the right solution for your real estate needs.