Mike McGraw, 2023 President, Florida Realtors© - The Florida Legislature has clearly signaled their commitment to homeownership, private property rights and the protection of the robust Florida
Challenges of Being a Real Estate Agent
Dated: October 5 2022
Views: 335
I’m going to make so much money! It’s true that real estate can be an extremely lucrative venture, but you have to build from the ground up. You’ll need to focus and work day-in and day-out for up 6 to years, face a litany of rejections, and actively prospect for several hours a day. You’ll also have to stay on top of and learn continuously of new updates in the market with consistency in order to get to the place where you will be seeing your imagined revenue.
I get to keep all my commissions. This is not always the case, and you will need to find a firm that has a great value commission split. Working with an office that has a high valuation of your time and offers you a decent commission structure is key.
There will be so much free time. You are allowed free time, but if you’re partaking in it, you won’t be making too many sales or prospecting for clients effectively. If your goal is free time, you will have a low income, and building your business will suffer. You should leverage your “free time” to build up your business, work on sales strategies, and prospect clients.
I’ll have so many clients. Real estate is constantly in flux, and keeping that top of mind is something that is essential to keeping your pipeline flowing. Your best bet is to separate 3 hours a day, at the very minimum, to prospect clients and increase your reach-outs to people within your sphere of influence to keep your amazing service and care top of mind. This is a simple strategy to keep yourself relevant at every stage of your prospects’ buyer or seller journey.
Instant success here I come! Instant success is always thought to people entering the business, but it’s not a guarantee. It’s not an overnight process. Again, you will likely have to be working upwards of three years to gain success. Keeping yourself relevant, prospecting, and continuing to learn more about the trade daily.
NextHome Merrick Realty Group has a great partnership with The CE Shop, offering all you need to continue learning the real estate trade and evolve your client offerings, while always keeping the best practices and savings that benefit your professional development. This partnership also helps our team and followers learn more about real estate while saving money on your education and licensing.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 5, 2023 9:24 AM UTC
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Information is deemed to be reliable, but is not guaranteed. © 2023 MLS and FBS. Prepared by Florida Keys MLS, Inc. on June 5, 2023 9:01 AM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
