The promise of a six-figure salary (top-earning agents take home about $170,000 annually) is enough motivation to pursue a career as a real estate agent. Right?
But while a real estate agent career has its financial rewards, making it to the top isn’t a walk in the park. In fact, this profession has a high burnout rate, with as many as 87 percent of new agents quitting within five years.
You don’t want to be a failure and we’re here to help you ensure that doesn’t happen. We’re sharing a couple of career tips for a beginner real estate agent.
Ensure You Really Want to Be a Real Estate Agent
A high number of workers in the U.S. are dissatisfied with their jobs because they’re in careers they aren’t passionate about. If you’re not passionate about your job, that’s how you’ll find yourself wanting to quit and try out another career.
As such, the first step to giving yourself a good shot at success in a real estate agent career is to really ensure you want to be in this profession. If you’re yet to start your real estate agent training, now is the best time to evaluate your decision.
Why do you want to become a real estate agent? Beyond the money, are you passionate about the real estate industry?
If you’re newly qualified, it’s not too late to develop a passion for the profession if you’re not feeling it as yet. It’ll be hard, but with the right mindset, you can do it.
Take Time to Learn from Experienced Agents
As a beginner real estate agent, you’re certainly brimming with ambition. You want to start off on a high note.
There’s nothing wrong with this, but it’s not the best way to break into the industry. It’s advisable to start off slow, learning the trade from experienced agents.
This means starting off your career by finding employment in an established real estate agency or brokerage as opposed to starting off as an independent agent. Working under an experienced agent enables you to learn about the industry; its dos and don’ts.
Build Your Professional Reputation
A client isn’t going to hire you if you’re only a real estate agent by name. They want to know that you’re a reputable agent who’s dedicated to the profession.
To build your reputation, start by writing a real estate bio. This should flesh out your level of training, area of specialization, and the experience you have in the field. If you’re not familiar with writing bios, this guide will help you.
Join the National Association of Realtors
The NAR is the premier professional association for real estate agents in the United States. When you become a member, you’ll be able to use the designation “realtor.”
When choosing between a real estate agent and a realtor, many clients will choose a realtor. This is a good way to build your professional reputation.
Going from a Beginner Real Estate Agent to Pro
The business of buying and selling realty property on behalf of clients can be lucrative and exciting. However, success doesn’t come on a silver platter. As a beginner real estate agent, you need to be passionate about the job, have the patience to work with and learn from experienced agents, and work toward securing NAR membership.
All the best and keep tabs on our blog for more tips and insights.
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