Is a career in real estate right for me?
Real estate agents are a very diverse group. They come from a wide variety of personal and professional backgrounds. For many, real estate is a second, third, or even a fourth career, while others start right out of school. Nonetheless, most agents ultimately enter the business for at least one of the following reasons:
- Unlimited earning potential
- Freedom of schedule
- Desire to help people
- Opportunities to invest in real estate
Being an agent, however, isn’t for everyone. In most situations, real estate agents are much more like small business owners than employees, and must be prepared to take on that level of responsibility for their success. They should have strong interpersonal skills and a customer service mindset. They should have an ability to multi-task, prioritize, and take initiative and be a moderately tech-savvy person who wants to use technology to engage customers. Successful agents have a strong work ethic and great accountability, as well as the ability to interact positively with a wide range of other personalities.
How do I earn a real estate license?
In order to represent a customer in a real estate transaction, you must have an active real estate license. Future real estate agents need to take the following steps to become a licensed real estate agent:
- Complete a Florida state-approved real estate course
(The Florida Real Estate Institute is a good school – www.myfrei.com)
- Pass the state licensing exam
- Activate your real estate license under a real estate brokerage
For more details, go to the following website: https://www.nefar.com/real-estate-questions.php
What happens once I earn my license?
After you pass the state exam, you can hang your license with a real estate firm and begin working as an agent. Some people opt to begin the interview process before they finish their coursework, in order to get started as soon as possible after passing the exam, while others prefer to focus on the exam before worrying about where they’ll work.
Once you’re on board with an office, the majority of your time will be spent setting up your business systems and marketing, along with completing certain new agent training programs. The rest of your time will be devoted to the hardest part of being an agent: finding customers. When you do get a listing or a buyer, you’ll work to meet their needs and successfully close the transaction, then repeat for your next customer.
Can I keep my current job and do real estate part-time?
Though there isn’t anything to prevent someone from practicing real estate in their spare time or as a supplemental source of income, the best way to build a successful career in the profession is to devote a full-time effort to it from day one.
There is a lot of work that goes into setting up a real estate business, and for most people, the sooner that work gets completed, the sooner they start earning commissions. Many people who enter real estate part-time never get over the “hump” of fully setting up a sustainable business model, and are either unproductive for a long time and never able transition to full-time, or quickly drop out of the business entirely.
That said, the costs of getting started in real estate can be daunting, as can the risk of receiving entirely commission-based compensation. We understand that maintaining a cash flow is necessary for many agents to get off the ground, though we encourage them to have a strong plan to transition to being full-time real estate professionals as soon as they are able.
What’s the final step?
Once you receive your real estate license, please call 904-945-5610 to set up an interview. River Birch Realty is a small company and we wish to remain that way. But we are always interested in interviewing realtors to join our team. It keeps our company fresh and dynamic.