This episode will help new and seasoned agents from making bad decisions in their career.
Careers in Real Estate - Your Five Minute Monday explores the many areas in the real estate industry to participate in and if it is the right career for you. I delve deep into the dozens of niche’s and specialty areas that many people never new existed. I also bring listeners up to date with the most relevant real estate market news and trends to be sure that new real estate professionals clearly understand how and why we work in our industry. Each episode is time sensitive to the market at that moment.
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You Must Listen To Experienced Agents Looking Out For You’re Best Interest. ————————————————- Have you ever wondered who you should listen to when starting out in the real estate business? Stick around and I’ll tell you who. ————————————————- Brand new real estate agents are always looking for advice. They talk to a lot of people. And depending on who you talk to, you’re going to get many different types of advice. Some good and some bad.
You have to find the people who you trust and who are really looking out for you and your best interest. If people have an ulterior motive,
where they might make money from you or part of your income, they might not be guiding you in the right direction for, you but rather for them.
So once you find somebody you can trust, feel comfortable with them and have the experience to give you their advice, you need to listen to them and stick to what they tell you.
It is extremely easy to get bad advice and be lured to do different things that are not in your best interest. By doing this, it will definitely derail your success and lead you down a bad path maybe even a path to destruction of your career.
Usually people that are looking out for you will have nothing to benefit from directly. Sure your broker or company will train you to do the things you need to do and guide you in the right direction, because when you make money they make money, that’s normal.
But when other agents are guiding you, that are looking at a direct way to make money from you, they are probably not looking out for your best interest.
Usually people that are looking out for you will have nothing to necessarily benefit from directly.
Once you find a mentor or somebody you feel you could trust with the right experience, you need to take their advice and stick to it and see it through.
It’s so easy to change your mind quickly because the grass always looks greener on the other side.
You will never know what you could do in our industry if you only give it two or three months doing what you were trained, and then switch to something else because you felt it wasn’t coming fast enough.
You need to give it much longer than that. That is just the type of industry this is.
There’s nothing quick about it, but you’re setting up your future and a career that will let you succeed for years to come. Something sustainable.
There are some companies out there that will make it part of your training routine and daily practice, to recruit people from other companies on a regular basis, because when they do, and come on board, you will make a small percentage of there income every time they make a deal. Quite often that will last for a couple of years. They will not even know that it’s happening because it comes from the brokers end of the money. But again there’s your ulterior motive.
Sometimes companies even have a sign on bonus for you when you recruit somebody else to come into the company.
Recruiting is a big part of it, many companies do and they take it very seriously.
Once again this does not always mean it’s going to be in your best interest to do that. As I’ve mentioned many times before, choose a large company that has a highly recognizable name. That has the best training as well and the right support team around you to make sure you’re going to be successful as quickly as possible.
Quite often this will come from the larger franchise companies. The point is, do your research, do your homework, and make sure you find a company that is a good fit for you and then stick with it.
And that ... is your five minute Monday.
Have a great day.