Are you passionate about architecture and home design? Do you have an outgoing personality and enjoy customer service? If so, you might want to consider becoming a realtor! But before jumping the gun and obtaining your real estate license, there are a few things you should know about being a realtor.
- The Reality of Money
Almost everyone knows that realtors can potentially make millions of dollars. But, that’s the catch: realtors can potentially make that much money. In other words, only a small percentage of realtors become financially successful. That being said, you shouldn’t become a realtor solely to make a ton of money.
Another financial aspect about being a realtor is that there is no salary. Yes, you read that right. Instead of having the guarantee of making a certain amount of money, you will have to come to terms with uncertainty. Basically, you work off commission. So one month you might make thousands of dollars, and the next month you might not make anything.
- You Have to Be a People Person
If you’re not a people person, you won’t succeed as a realtor. Although that seems harsh, it’s the truth. Being a successful realtor basically means you have phenomenal communication skills. After all, you need to be able to relate to your clients and persuade them into selling or purchasing a house. That being said, consider working as a waiter or other typical customer service position prior to becoming a realtor.
Although different states require different licensing procedures, you can expect to take some form of class. Real estate licensing classes typically cost a ton of money and a lot of time. So, make sure you’re really committed to becoming a realtor prior to enrolling in class.
Overall, being a successful realtor takes a lot of dedication. Be prepared to work long and hard hours in order to fine tune your skills and broaden your experience. At times, it might seem like you’re stretching yourself thin. But, believe me: if you are passionate about real estate and can toughen it out, then it will be worth it in the long run.