When you are a new real estate salesperson, is it better to start off in rentals and leasing?
Author: admin // Category: mass real estateI was laid off. And have not been getting anywhere with good paying jobs. Hey it’s not that I am being picky, but I want to be happy too. And I am tired of working for other people. So I think now is the only time, free time, to take a chance and see if I can do this on my own and get into the real estate business. I will be taking my real estate salesperson exam in 2 weeks. I am meeting with different agencies/brokerage to see what is the cost to get started..oh boy! I have enough money saved up for the next 3 months, plus unemployment, and I am little concerned that if I just focus on selling houses, with no experience, which isn’t doing so well in the market, that I will not be able to bring any money home in that time period. So should I start off in rentals first then work my way into selling homes? Also, I met with a franchise (Re/Max) brokerage and he kept suggesting that I do both (rentals, houses), but after I saw the fees just to join and start up ($1300 + $283 monthly fee), I wouldn’t even last a month, especially with the monthly fee. So I was wondering should I keep interviewing with other firms that just focus on rentals and earn the cash flow. This is what I am thinking. Anybody can break it down for me please, give me some suggestions, so I won’t be burning my money. I knowi t’s an investment, but I want to know what I am getting my self into before I just invest more money. If I have to I will get a part-time job, just to keep some extra money coming in. Let me know what I should look for and what to expect. I have so many questions and I want to ask as much as I can before I decide to do this full-time and join an agency. Also, I live in boston, Mass –any suggestions or reccomendation for good brokerages/agencies? Thanks
I’m not sure how rentals work in other states but in Texas you usually get 25% of the first months rent ( some brokers split rentals, some don’t). So it is up to you whether or not it would be worth your time and gas to do rentals. As far as choosing a broker goes, there are advantages to choosing a well-known firm as well as choosing a "mom and pop" brokerage. I have tried both and for me personally it was really hard to get started in a bigger company. Some of the smaller brokers with only a few agents may provide leads for you which would be a big help if you’re new. But the well-known companies have a lot of resources that are helpful.
http://www.LeadingEdgeAgents.com Searching for a new condo, townhome or house? RE/MAX Leading Edge real estate agents get results in the Cambridge, Mass. area. See how much opportunity there is in this buyers market. We offer support and services not offered at other real estate companies. For property listings in Cambridge, Massachusetts, we are your real estate leaders! Call 781643-0430!
Are you looking for new condos, townhomes or houses? Our agents are leaders in the local Cambridge, MA real estate market! Because our agents average more sales than the typical real estate agent we can guide you through every step in finding property for sale. See why we are the agency for property for sale in Cambridge, Massachusetts. We have the knowledge to get your new home in todays market.
http://www.TheSobranGroup.com - Talk about a seller who knows what buyers expect! New kitchen appliances and granite countertops, freshly updated baths,newer siding,CA,new furnace,roof and finished lower level, this home has been updated and prepped and primed for its next owner and it shows! Then add that it is on a quiet cul de sac near town, that there are 100's of acres of biking trails nearby, it's a home run! The perfect combination of location, conditioon and price. Come be impressed!
Are you looking to buy a house? For new condos, townhomes or houses, our agents are leaders in the local Cambridge, MA real estate market! Think about the opportunities out there for you- with the right agency. With many highly qualified agents and properties to choose from, its easy to buy a house. To buy a house in Cambridge, Massachusetts, we are your real estate leaders.
rewarding you with property and cash