If you're old enough to remember the 1980s, you remember when everyone had that friend, family member, or acquaintance who tried their hand at becoming a real estate agent. Somewhere along the line, real estate became perceived as a glamorous, easy job that anyone could do. But if you're seriously considering getting into real estate, you should know that it isn't glamorous or easy. It definitely attracts a certain personality type — strong, independent, and willing to take responsibility for their own success. That's why not everybody makes their real estate career last! Read on to discover 5 real confessions of successful real estate agents and decide if you have what it takes.
1. You can't snap your fingers and get your real estate license.
Yes, it's true that in most states, it only takes a few months to become a licensed agent. That's why so many people are drawn to the idea of giving it a shot. But that doesn't mean it's an easy thing to achieve! The state licensing exams are far from simple. Even these days, when it's easier than ever to get your real estate license online, you have to invest time and money into understanding laws and procedures inside and out. Don't wait until you've finished training to interview brokers, either. It's not uncommon for a brokerage to ask for additional coursework before letting you jump into the field. This often means even more cash is coming out of your pocket.
2. Don't expect to work a little and make a lot.
How much do Realtors make? It's enough to make the cost of getting trained and licensed worth it, right? Well, not for everybody. The idea that Realtors have a ton of free time and make huge paychecks is a myth. In reality, it all depends on the sale. Once you start working for a brokerage, they will take a large portion of your commission. Not to mention what you owe in taxes. You'll also need to use some of the money you have left for business cards, flyers, and other promotional material. Factor in the many hours you spend driving around, answering emails, and talking to the client, mortgage company, and everyone else involved in a home sale, and it's daunting math. You might not necessarily be making the big bucks for all your hard work.
3. You have to be the best salesperson around.
A shy person might hesitate to become a Realtor, and with good reason. You're selling homes (actually, lifestyles) which are enormous and important purchases, and that means you have to be better than the average person in sales. Real estate agents can gain the reputation of being sharks. They're often aggressive because they have to be. In every major city, there are thousands upon thousands of real estate agents, and each one depends on commission to make a living. That doesn't mean that you should be pushy. The best real estate agents know how to network within the industry and gain the trust of their clients. It definitely requires talent.
4. Dealing with clients can get wild.
Sure, buyers and sellers might think of real estate agents as unpredictable sharks with questionable negotiation tactics. But what about them? The clients acquired by a real estate agent can vary in crazy ways... and some can actually be crazy. Many real estate agents answer late night phone calls from buyers in tears, cracking under the stress of deciding on their first home. Others are simply impossible to please and looking for a combination of amenities that is either way out of their budget or simply impossible to find. Sometimes, the process of buying or selling a home will reveal cracks in a marriage, and then the real estate agent is right smack in the middle of a couple's war!
5. Being your own boss is actually cool.
When you begin researching how to become real estate agent, the reality can feel a little daunting. But if you're the type of go-getter who actually enjoys knowing that nobody but you is in charge of your success, you could end up loving this job. There are plenty of days you'll end up working from the couch in your pajamas, fielding phone calls and thinking up your next strategy for a sale. You have to be a strong organizer and a jack of all trades, but if you can make the industry work for you, there's no more powerful feeling.
So there you have it. Becoming a real estate agent is not for the faint of heart, but it's a great job for the right kind of person. You're part salesperson, part therapist, and part police officer — at least when the neighborhood kids start terrorizing your next open house.
Author:Ray Jeffas Phone: 512-924-3045 Dated: January 3rd 2018 Views: 216 About Ray: Ray Jeffas epitomizes integrity, energy, hard work, and creative service in every detail of your Rea...
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Roman Lopez is the owner of The Roman Lopez Real Estate Team, a full service real estate company specializing in Greater Austin home sales, purchases, and investments properties.
Roman has worked and excelled in the real estate business in Austin, TX for the last 7 years. Roman's real estate career started in 2008 where he was named Rookie of the Year for the KB Home Central Texas Division.
After a successful career with KB Home, Roman obtained his real estate licence and joined Keller Williams Realty where he again rose to the top and won Rookie of the Year for Keller Williams Austin.
After a year as a solo agent he built a team of top producing agent, The Roman Lopez Real Estate Team. His team now ranks as one of Keller Williams top teams closing over 200+ residential sales transactions per year.
Roman's designations include: Certified Negotiation Expert, Certified Distressed Property Expert, Certified International Property Expert, Certified International Property Expert, and Global Property Specialist.
Roman's Awards: Keller Williams Austin Rookie of the Year 2011, 2008 KB Home Rookie of the Year Central Texas Division, 2015 Platinum Top 50 Winner, Platinum Top 50 Finalist, 2014 NAHREP Top 250 Latino Agent in the US, 2014 NAHREP Top 20 Latino Agent in Austin, 32015 NAHREP Top 250 Latino Agent in the US, 2015 NAHREP Top 20 Latino Agent in Austin, 2015 Best of Angie's List, 2015 Real Trends Best Real Estate Agents, 2014 Best of Trulia Best Real Estate Agents
If it's your first time buying or selling real estate, you don't know
"We recently bought and sold a home with the Roman Lopez Real Estate Team and the experience was exceptional. I can’t say enough about the level of customer service that was provided during our process. With such a busy business the Roman Lopez team made us feel like we were their priority. Our emails and texts were always promptly answered and no request for information was too big or too small.
Clarissa Lupton patiently helped us find a home to purchase that met our needs. She searched high and low for a wonderful selection and negotiated a phenomenal purchase price.
Roman Lopez sold our home within two weeks. He placed a coming soon sign in our yard and worked with his network of realtors. Our home was sold before it was even listed. We expressed how important it was for us to get our home sold ASAP and Roman worked hard to make it happen.
We highly recommend the Roman Lopez team for your real estate needs. We will definitely use them in the future should the need arise.