Confessions of a Real Estate Agent

So You Want to Be a Real Estate Agent?necessarily the right connections; any connection
There's the persistent myth that the real estateis good and will come in handy in the future. Any
business is an instant money-generating, easytip, juicy scoops, or new finds in the business is
treasure trove. Well, it is, but with hard work,always appreciated, and that's what connections
patience, and best of luck.are for. The point is, in the real estate business,
For the newbie in the business, though, real estatepeople skills is a virtue always worth honing.
can be a thorny, if not downright frustratingWin some, lose some.
venture. It's basically a gamble; profits will comePartnering with someone is a good way to get
rushing in only after one or two years down thestarted especially if you don't have enough money
road. After all, you are just establishing yourselfto lay on the table. Your partner will be the one
and building your name and credentials. Add to thisto worry about the finances, while you do the
the fact that you're up against more cutthroatlegwork (scouting properties, looking for buyers,
veterans.touring them around, etc). And then you split the
In the meantime, there's always the temptationprofits between yourselves depending on the
to regret the day you traded your regular andagreed percentage. A commission of twenty
stable job at the office for the morepercent may not exactly be top-notch cash, but
unpredictable, often heartbreaking real estatewhat you're really after-since you're just
bubble. Times like this, you have to focus on thestarting-is learning the ropes of the trade.
future benefits, not the present drawbacks.Win some. Then win more.
Lose some, lose some.You make new contacts everyday, know who
As everything changes along with technology, sothe key players in the business, and earn their
does real estate. You'll still need your pen andtrust regarding future team-ups. Overall, you'll be
paper of course, but it would be heaps easier ifgrowing comfortable in a business best
you armed yourself with a PC or a laptop and acharacterized by constant ups and downs.
fast internet connection. Now, more than ever,Whatever the case, in the real estate business,
information on current real estate trends andyou are your own boss and you own your time.
marketplace behavior is available, so takeThere are no routines, no office chair restraining
advantage of all that. Knowledge is power, soyou. What replaces these are sweet victories
goes the cliché.with every successful deal made.
Real estate is all about making connections. NotBefore long, you'll be glad you made the switch.