What’s It Take to Be a Real Estate Agent?

Pros and Cons of Being a Real Estate Agent

Looking for a new career?  Wondering if you should be come a real estate agent?  Consider these pros & cons.

Pros

You are your own boss.

If you need a flexible schedule, which is one of the reasons I chose real estate, you've got it.  You decide what hours you work, when you take time off, and how you want your business to look.

Large earnings potential

There is the opportunity to earn large amounts of earnings in real estate.  Depending on how hard you work, your ability to leverage your time and resources, there's no one to put a ceiling, glass or otherwise on what you earn.

Never the same thing twice

While you may work with the same client more than once, each time you work with a client is different.  Each property is unique.  Each client is unique.  The client's needs are unique.  The person on the other side to the transaction is unique.  Agents say it all the time, "I learn something new with each transaction." 

Cons

You are your own boss.

If there is work to be done, if you want to earn a living, you have to do it.  There's no one handing you sales leads.  There's no one holding you accountable.  If it's to be, it's up to you to make it happen.

There's not a steady paycheck

While there's no ceiling to your earnings, there's no floor either.  It's possible to spend money being a real estate agent and not earn a predictable, steady income, especially in the early years.

Evolving Industry

There have been a lot of changes happening in the real estate industry the last several years.  Downward pressure on commissions.  Algorithms built to replace the interactions with real estate agents.  A plethora of information available at the fingertips that explain everything homebuyers and sellers need to know. It's a bit unnerving.

Want to learn more?  Let's talk.   

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