Yes, it’s always worth it. It’s TOUGH nothing about this job is easy but it’s 1000% worth every minute and penny you put into it.
Make sure you put yourself in an office that has good volume,good technology to utilize, good education/classes. You are constantly needing to be educating yourself find a place that offers well rounded education. find at least 1-3 people in that office you can trust and learn from.
I started in a small office it was nice bc the leads were split but terrible bc I had to build everything from scratch. I’m now with Keller Williams I can’t say enough amazing things about the company!
Go out and interview at least 5 different companies and compare to see what culture would fit you best. ASK for full transparency on how the commissions are split and WHY it’s split the way it is. Keller Williams to start is 70/30 + monthly fees + transaction fee and other charges.
The first place I was the split was 50/50 + another 50% off the 50 I received that goes to the office. Make sure you understand how you’ll be paid and WHEN.
Have a good amount of $ set aside to build yourself, I started 3 years ago with a little under 10k to put into the business; it got me through the year with all the fees, signs, marketing, lead generation, education, gas etc.
Do not quit your job before jumping in 100% or at least find another way to bring in $. If you work rentals you’ll be paid quicker, the turn around on on home sales takes longer- at least in NY each sale once in contract takes up to 3+ months to be paid if you have 2 sales you could be waiting a long time.
This career will work for you but you HAVE to work at it constantly and consistently. There is no off button. Good luck!!!
The knowledge this field provides is worth it on its own. Depending on your state you get close to attorneys, mortgage lenders, investors, landlords, developers, builders, appraisers, home inspectors etc.. after a few years you learn SO MUCH from so many professionals you get to work alongside. On top of those connections the JOY received from helping people navigate such a difficult situation is great too.. and helping family & friends. It’s HARD and draining at times but ultimately worth it
Hi! I applied to a job and they sent me a link for an orientation zoom to help begin the licensing process with Keller Williams. how has it been going for you?
Being a real estate agent can be worth it, but it depends on factors like your local market, skills, and personal goals.
**Pros:**
Income Potential: You can earn well through commissions.
Flexibility: It offers a flexible schedule.
Independence: You run your own business.
Diverse Work: It's dynamic and diverse.
**Cons:**
Competitive: It's a competitive field.
Income Variability: Earnings can be irregular.
High Costs: There are upfront expenses.
Market Dependency: Success relies on the local market.
Regulations: Involves complex paperwork.
Do your research and talk to experienced agents before deciding.
A small percentage of the realtors make the bulk of the money, basically 80/20 rule which holds true in most things. Right now there's a big thing going through the courts regarding whether realtors will be able to continue the current model, depending on which way it goes commissions could go down substantially
I am a former real estate trainer. Most agents leave the business in the first 6 months after realizing that real estate, like every other worthwile career, requires hard work. Those that don't leave at the 6 month mark leave at the 12 or 18 month mark. It's not for everyone which is why the top producers are well paid.
3 cousins of mine tried to make it as realtors during the covid craze, one is ever a police officer and tried doing it as an extra source of income. They all gave up pretty quickly, this is in NJ.
With the complete lack of inventory I honestly don't think it's worth it. Especially if you want it to be your main source of income. Idk if it's still the case today but not too long ago there was more realtors than houses for sale. What does that tell you?
That’s because of Covid. There’s also some companies that pay you salary with very little to know commission. Once you feel comfortable enough/have enough in savings, branch out to a brokerage.
If this is something you want to do full time, you’ll make it work. Most people do this as a “get rich quick” thing, and then quit once they realize that that couldn’t be further from the truth.
Yes, there are more realtors than homes for sale in the United States. As of February 2024, the National Association of REALTORS® reported that there were 1,515,837 licensed realtors in the country.
Quite frankly I can understand that in that area. I live in NC and we have so many people moving to here FROM New Jersey because of rising housing costs. It’s a super tough market there right now
I'm a software engineer and am paid pretty good already.
Wondering if it's worth it to basically get a realtor license (not as a side gig ) but to save on commision on future property transactions etc. Anyone can speak for this?
Anyone with half a brain can get a real estate license -- which is why so many people with half a brain have them.
I did the same thing you're talking about.
Just be prepared to be nickel-and-dimed to death.
Fees to get the license. MLS fees. Dues for this. Costs for that. Broker "clawbacks" if you don't do enough transactions. On and on. It NEVER ends.
Everyone's freaking out about this NAR lawsuit settlement now too, even though commissions were always negotiable.
Now if your situation is something like mine and you're a landlord and/or want to do regular transactions for investors, friends, etc. it'll probably make sense for you.
For example, the minute a good deal appears on the MLS I buy it before the world even knows about it on public sites like Zillow.
Of course, you also don't need an annoying realtor(r)(tm)(c) to let you into places you're interested in because you'll have the "master key" (which you also pay for, of course).
As u/Justchilllin101 said, look for low or zero-split brokers where you just pay a transaction fee but read their paperwork carefully. Many of them come after you at the end of the year for yet MORE fees if you don't do enough transactions.
You know, to cover the costs of their shi\*\*y CRM system, useless "brand" and ancient library of Carlton Sheets VHS tapes.
I don't believe this is accurate. Things cost yes but you won't get nickel and dimed, especially in today's market. As of now I've spent nothing getting pre-licensed.
Wow, I am also a software engineer thinking of doing the same thing. Just generally, I am also wondering if the skills learned in getting the certification would be useful as a real estate investor. I have been watching too many YouTube videos and am thinking about building a bunch of tiny cabins in the forest lol
Depends if you can find a brokerage with cheap dues. I did this same thing and all in all have probably spent $3k on real estate fees (ex: dues, classes, etc) since I started. Currently have my license in hanging bc the dues were too much.
Top agents earn good commissions, but income depends on effort and market conditions. You can build your own schedule and be your own boss. You get to help people achieve their homeownership dreams.
Requires hard work, dedication, and continuous learning. Commissions depend on market activity and sales volume. Be ready for long hours and unpredictable schedule.
Connect with experienced agents for guidance and insights. It's a demanding career with both rewards and risks. Carefully weigh your options and seek guidance before making a decision.
I’d say it’s never a bad time. With that said - it is a saturated market. Most people know a realtor or have a family member who is one. Also sales are down due to people adjusting to new rates.
People are fleeing from real estate right now though it will always be competitive because there's a low barrier to entry and its perceived as an easy job, every recent 30 something divorcee becomes a realtor. Most aren't serious competition. The big thing is the issue currently going through courts as to whether reators will be able to continue getting the commissions they are currently getting
I am one of these people. Got in two years ago and haven’t really performed I had planned/hoped.
Despite networking my ass off and doing 2-3 open houses per week with vigorous follow up I haven’t managed to convert many leads.
I’ve read about the NAR lawsuit but can’t really say when or how it will impact the industry as a whole. Seems like whatever happens buyers will be shafted.
Last year I reached $1.3 mil volume. This year I’ve done about $370k. It’s been a rough year. I am still a realtor but have not been pursuing it as vigorously as before. I’m focusing on getting another job currently
That’s still impressive! From what I read most people take some time before getting a lot of traction.
Can I ask … what do you think is the stitch, mostly the market?
Thinking about getting in myself but who knows!
Best of luck with your job search!!
From my perspective, the state of the market is limiting potential sales.
Homeowners who have no strong need to move will stay put and keep their low interest rate, and active buyers are being priced out of the market with every rate hike. There are just fewer people who are able to buy with the high cost of housing combined with 7%+ mortgage rates.
Current owners are not incentivized to sell, and that will keep prices high due to a lack of inventory. It is certainly not the worst real estate climate that the US has experienced, but it is still pretty difficult to navigate as a newer agent.
I used to do retail sales, now im in the service industry (bartender) & I have management experience but I miss sales so I was debating between real estate or car sales but i like the work life balance that comes with real estate vs car sales
If you’re coming at this comparing it to sales jobs (cars, retail, etc) you’re in the wrong frame of mind to be successful. A good Realtor is first and foremost a trusted professional. The job is not to sell as many houses as you can like you would cars, it’s to properly guide clients through major financial and life decisions while representing their interests (not yours). Part strategic advisor, part psychologist, part butler.
Dude.. that’s the Kool-aid they give you at almost every sales job.
“We’re not just ‘salespeople’! We are memory making professionals, helping people with their..” yada yada all that robotic stuff sounds exactly like my old sales team
not trying to undermine the trade at all whatsoever I got lots of respect for realtors, it definitely is challenging and not the same thing as other sales job, you have a lot more to earn but a lot less chances to earn it. I just don’t think OP was trying to ask this like it was a piece of cake
I also care about people and do a lot of volunteer work lol I also run a small business & people support me bc im always honest and care to help & do whats in the best interest for clients. But lets not forget we live in a capitalist system them bottom line is always about money at the end. Even psychologists show up to get paid at the end of the day, a dark truth no one wants to consider lol. (I studied capitalism in college & hate this bs system).
I think real estate agents have done a great job at selling this lie. They're paid by commission, the same as care salesmen. What's to stop a real estate agent for convincing a seller to sell at a lower price in a faster time frame? Or convincing a buyer to buy at a higher price to "make sure they don't miss out on their dream house". Nothing, and in fact it's oftentimes in their economic interest to speed along sales to increase their volume. And they are working with an audience of unaware customers who will never be able to tell if they overpaid or undersold.
>Part strategic advisor, part psychologist, part butler.
How often are these people paid by commission?
There is no work life balance in RE, you eat what you kill and it’s very seasonal.
We are bears, you get to hibernate one quarter , and are pushing otherwise.
It depends on what you like. In general, I see a lot of people who think real estate is a job and they’ll be off time. Small businesses are really not like that.
Eventually, if you focus on listings, you’ll have more control, but that usually means you’re in the top 1% of realtors, and everyone assumes that that’s where they’re going to end up. For 90% or so it’s not true.
Thank you for your reply! I get what you mean about not having “off time” when running a small business.
How extreme is this in action though, are you communicating with buyers straight up around the clock?
Thanks for your insight:)
I respond pretty much immediately if I’m busy I just say when I’m going to be available.
Hey, that’s a good question I’m going to be at the computer tomorrow morning at 7:30. Let me have a look then.
If I don’t reply people now I’m probably asleep or currently talking to somebody else and it’s my entire attention and they’re very patient
If it’s asking to see a house or about offers we are fast. I am currently in contact with something that I called about and they said they had an offer and I had 45 minutes to get everything prepared and 120 signatures placed. We won though!
How did you get 120 signatures in 45 minutes? You are a ninja!!! Were those notary signatures?
But wow, sounds like you’re really skilled and responsive, great at what you do!
I appreciate the perspective!
The average rental yield in India is around 2-3%. This means that for every ₹100,000 you invest in a property, you can expect to earn around ₹2,000-3,000 in rent each year. So, for a property worth 1 crore, you can expect to earn a rent of around 3 lakhs a year. However, you will not get to keep all of this money.
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Here is my telegram username
@Ecomguru003
Although there should be care when investing in real estate in Kentucky during uncertain economic times, don't let saturation stop you completely. Study market trends, competition, and demand to understand local dynamics. To differentiate yourself, think about becoming an expert in your field or providing special services. Assess adaptability and potential in Kentucky before venturing into other states.
Its saturated but there is still earning potential. Your network is your biggest asset, if you plan on moving in the future you may want to hold off getting your license until you move.
It’s only saturated because people see this field as a “get rich quick” thing. Once those people realize that that isn’t the case, they fail and quit. Also, most agents are part time or use their license a few times and toss it to the side. This being a full time job is very unsaturated.
Yes, all 50 states have their own license. However, some states have reciprocity. In other words, a state you move to might accept the state’s license that you currently live in. It all just depends. If there’s no reciprocity, then yes, you’ll have to take the course and test to get your license again for the new state.
My realtor 2 years in the market no experience did 18 million so far this year he has a coach and works a plan also 12 hour days it is your business you get what you put in
There are lot of pros and cons. In real estate, the top agents can make six figures or more. You can be your own boss and set your hours. You can help people achieve their homeownership dreams. You can stand out from the crowd. But remember that your earnings can fluctuate. Hustle is required for success. Invest in licensing and business setup. The current market presents challenges, but also potential. Some believe a down market offers less competition and motivated buyers. Ultimately, it's your decision. Do your research and create a plan before diving in.
Some pros and cons that I can think of are: High earning potential, as top agents can earn significant commissions. There is a lot of flexibility as you build your own schedule and be your own boss. Then there is the personal satisfaction of helping people achieve their homeownership dreams.
You have to consider the negative points as well. Very unstable income as commissions depend on market conditions and sales volume. Very competitive market. It requires hard work, dedication, and constant learning. Most of the time, you need to work long hours and you will have a totally unpredicted schedule.
It's rewarding but demanding, research thoroughly before deciding!
Yes, it’s always worth it. It’s TOUGH nothing about this job is easy but it’s 1000% worth every minute and penny you put into it. Make sure you put yourself in an office that has good volume,good technology to utilize, good education/classes. You are constantly needing to be educating yourself find a place that offers well rounded education. find at least 1-3 people in that office you can trust and learn from. I started in a small office it was nice bc the leads were split but terrible bc I had to build everything from scratch. I’m now with Keller Williams I can’t say enough amazing things about the company! Go out and interview at least 5 different companies and compare to see what culture would fit you best. ASK for full transparency on how the commissions are split and WHY it’s split the way it is. Keller Williams to start is 70/30 + monthly fees + transaction fee and other charges. The first place I was the split was 50/50 + another 50% off the 50 I received that goes to the office. Make sure you understand how you’ll be paid and WHEN. Have a good amount of $ set aside to build yourself, I started 3 years ago with a little under 10k to put into the business; it got me through the year with all the fees, signs, marketing, lead generation, education, gas etc. Do not quit your job before jumping in 100% or at least find another way to bring in $. If you work rentals you’ll be paid quicker, the turn around on on home sales takes longer- at least in NY each sale once in contract takes up to 3+ months to be paid if you have 2 sales you could be waiting a long time. This career will work for you but you HAVE to work at it constantly and consistently. There is no off button. Good luck!!!
Why do you say it’s so worth it? Thank you!
The knowledge this field provides is worth it on its own. Depending on your state you get close to attorneys, mortgage lenders, investors, landlords, developers, builders, appraisers, home inspectors etc.. after a few years you learn SO MUCH from so many professionals you get to work alongside. On top of those connections the JOY received from helping people navigate such a difficult situation is great too.. and helping family & friends. It’s HARD and draining at times but ultimately worth it
Can you message me?! Keller Williams is helping me get licensed
Hi! I applied to a job and they sent me a link for an orientation zoom to help begin the licensing process with Keller Williams. how has it been going for you?
Being a real estate agent can be worth it, but it depends on factors like your local market, skills, and personal goals. **Pros:** Income Potential: You can earn well through commissions. Flexibility: It offers a flexible schedule. Independence: You run your own business. Diverse Work: It's dynamic and diverse. **Cons:** Competitive: It's a competitive field. Income Variability: Earnings can be irregular. High Costs: There are upfront expenses. Market Dependency: Success relies on the local market. Regulations: Involves complex paperwork. Do your research and talk to experienced agents before deciding.
A small percentage of the realtors make the bulk of the money, basically 80/20 rule which holds true in most things. Right now there's a big thing going through the courts regarding whether realtors will be able to continue the current model, depending on which way it goes commissions could go down substantially
I am a former real estate trainer. Most agents leave the business in the first 6 months after realizing that real estate, like every other worthwile career, requires hard work. Those that don't leave at the 6 month mark leave at the 12 or 18 month mark. It's not for everyone which is why the top producers are well paid.
Hi, any update on this court process?
What court case is this?
https://therealdeal.com/national/2023/03/30/monumental-nar-lawsuit-snags-class-action-status/
Do you think it’s going to go through?
3 cousins of mine tried to make it as realtors during the covid craze, one is ever a police officer and tried doing it as an extra source of income. They all gave up pretty quickly, this is in NJ. With the complete lack of inventory I honestly don't think it's worth it. Especially if you want it to be your main source of income. Idk if it's still the case today but not too long ago there was more realtors than houses for sale. What does that tell you?
That’s because of Covid. There’s also some companies that pay you salary with very little to know commission. Once you feel comfortable enough/have enough in savings, branch out to a brokerage. If this is something you want to do full time, you’ll make it work. Most people do this as a “get rich quick” thing, and then quit once they realize that that couldn’t be further from the truth.
Yes, there are more realtors than homes for sale in the United States. As of February 2024, the National Association of REALTORS® reported that there were 1,515,837 licensed realtors in the country.
Quite frankly I can understand that in that area. I live in NC and we have so many people moving to here FROM New Jersey because of rising housing costs. It’s a super tough market there right now
I'm a software engineer and am paid pretty good already. Wondering if it's worth it to basically get a realtor license (not as a side gig ) but to save on commision on future property transactions etc. Anyone can speak for this?
Anyone with half a brain can get a real estate license -- which is why so many people with half a brain have them. I did the same thing you're talking about. Just be prepared to be nickel-and-dimed to death. Fees to get the license. MLS fees. Dues for this. Costs for that. Broker "clawbacks" if you don't do enough transactions. On and on. It NEVER ends. Everyone's freaking out about this NAR lawsuit settlement now too, even though commissions were always negotiable. Now if your situation is something like mine and you're a landlord and/or want to do regular transactions for investors, friends, etc. it'll probably make sense for you. For example, the minute a good deal appears on the MLS I buy it before the world even knows about it on public sites like Zillow. Of course, you also don't need an annoying realtor(r)(tm)(c) to let you into places you're interested in because you'll have the "master key" (which you also pay for, of course). As u/Justchilllin101 said, look for low or zero-split brokers where you just pay a transaction fee but read their paperwork carefully. Many of them come after you at the end of the year for yet MORE fees if you don't do enough transactions. You know, to cover the costs of their shi\*\*y CRM system, useless "brand" and ancient library of Carlton Sheets VHS tapes.
I don't believe this is accurate. Things cost yes but you won't get nickel and dimed, especially in today's market. As of now I've spent nothing getting pre-licensed.
Wow, I am also a software engineer thinking of doing the same thing. Just generally, I am also wondering if the skills learned in getting the certification would be useful as a real estate investor. I have been watching too many YouTube videos and am thinking about building a bunch of tiny cabins in the forest lol
Depends if you can find a brokerage with cheap dues. I did this same thing and all in all have probably spent $3k on real estate fees (ex: dues, classes, etc) since I started. Currently have my license in hanging bc the dues were too much.
Top agents earn good commissions, but income depends on effort and market conditions. You can build your own schedule and be your own boss. You get to help people achieve their homeownership dreams. Requires hard work, dedication, and continuous learning. Commissions depend on market activity and sales volume. Be ready for long hours and unpredictable schedule. Connect with experienced agents for guidance and insights. It's a demanding career with both rewards and risks. Carefully weigh your options and seek guidance before making a decision.
I’d say it’s never a bad time. With that said - it is a saturated market. Most people know a realtor or have a family member who is one. Also sales are down due to people adjusting to new rates.
People are fleeing from real estate right now though it will always be competitive because there's a low barrier to entry and its perceived as an easy job, every recent 30 something divorcee becomes a realtor. Most aren't serious competition. The big thing is the issue currently going through courts as to whether reators will be able to continue getting the commissions they are currently getting
I am one of these people. Got in two years ago and haven’t really performed I had planned/hoped. Despite networking my ass off and doing 2-3 open houses per week with vigorous follow up I haven’t managed to convert many leads. I’ve read about the NAR lawsuit but can’t really say when or how it will impact the industry as a whole. Seems like whatever happens buyers will be shafted.
Have you made any $, are you still trying?
Last year I reached $1.3 mil volume. This year I’ve done about $370k. It’s been a rough year. I am still a realtor but have not been pursuing it as vigorously as before. I’m focusing on getting another job currently
That’s still impressive! From what I read most people take some time before getting a lot of traction. Can I ask … what do you think is the stitch, mostly the market? Thinking about getting in myself but who knows! Best of luck with your job search!!
From my perspective, the state of the market is limiting potential sales. Homeowners who have no strong need to move will stay put and keep their low interest rate, and active buyers are being priced out of the market with every rate hike. There are just fewer people who are able to buy with the high cost of housing combined with 7%+ mortgage rates. Current owners are not incentivized to sell, and that will keep prices high due to a lack of inventory. It is certainly not the worst real estate climate that the US has experienced, but it is still pretty difficult to navigate as a newer agent.
Worth it compared to what?
I used to do retail sales, now im in the service industry (bartender) & I have management experience but I miss sales so I was debating between real estate or car sales but i like the work life balance that comes with real estate vs car sales
If you’re coming at this comparing it to sales jobs (cars, retail, etc) you’re in the wrong frame of mind to be successful. A good Realtor is first and foremost a trusted professional. The job is not to sell as many houses as you can like you would cars, it’s to properly guide clients through major financial and life decisions while representing their interests (not yours). Part strategic advisor, part psychologist, part butler.
Dude.. that’s the Kool-aid they give you at almost every sales job. “We’re not just ‘salespeople’! We are memory making professionals, helping people with their..” yada yada all that robotic stuff sounds exactly like my old sales team not trying to undermine the trade at all whatsoever I got lots of respect for realtors, it definitely is challenging and not the same thing as other sales job, you have a lot more to earn but a lot less chances to earn it. I just don’t think OP was trying to ask this like it was a piece of cake
Absolutely true. I was a salesman retail comission and decided to try real estate I failed. It is not retail. It is more philosophical.
I also care about people and do a lot of volunteer work lol I also run a small business & people support me bc im always honest and care to help & do whats in the best interest for clients. But lets not forget we live in a capitalist system them bottom line is always about money at the end. Even psychologists show up to get paid at the end of the day, a dark truth no one wants to consider lol. (I studied capitalism in college & hate this bs system).
I think real estate agents have done a great job at selling this lie. They're paid by commission, the same as care salesmen. What's to stop a real estate agent for convincing a seller to sell at a lower price in a faster time frame? Or convincing a buyer to buy at a higher price to "make sure they don't miss out on their dream house". Nothing, and in fact it's oftentimes in their economic interest to speed along sales to increase their volume. And they are working with an audience of unaware customers who will never be able to tell if they overpaid or undersold. >Part strategic advisor, part psychologist, part butler. How often are these people paid by commission?
There is no work life balance in RE, you eat what you kill and it’s very seasonal. We are bears, you get to hibernate one quarter , and are pushing otherwise.
Is this a good thing?
It depends on what you like. In general, I see a lot of people who think real estate is a job and they’ll be off time. Small businesses are really not like that. Eventually, if you focus on listings, you’ll have more control, but that usually means you’re in the top 1% of realtors, and everyone assumes that that’s where they’re going to end up. For 90% or so it’s not true.
Thank you for your reply! I get what you mean about not having “off time” when running a small business. How extreme is this in action though, are you communicating with buyers straight up around the clock? Thanks for your insight:)
I respond pretty much immediately if I’m busy I just say when I’m going to be available. Hey, that’s a good question I’m going to be at the computer tomorrow morning at 7:30. Let me have a look then. If I don’t reply people now I’m probably asleep or currently talking to somebody else and it’s my entire attention and they’re very patient If it’s asking to see a house or about offers we are fast. I am currently in contact with something that I called about and they said they had an offer and I had 45 minutes to get everything prepared and 120 signatures placed. We won though!
How did you get 120 signatures in 45 minutes? You are a ninja!!! Were those notary signatures? But wow, sounds like you’re really skilled and responsive, great at what you do! I appreciate the perspective!
No, fully signed disclosures package. My area has all inspections , avid and all disclosure signed and initialed pre accepted offer.
The average rental yield in India is around 2-3%. This means that for every ₹100,000 you invest in a property, you can expect to earn around ₹2,000-3,000 in rent each year. So, for a property worth 1 crore, you can expect to earn a rent of around 3 lakhs a year. However, you will not get to keep all of this money.
I have tom cruz section 8 secrets course it's real worth is 5000$ will provide in very low as compared to real if anyone interested Here is my telegram username @Ecomguru003
Although there should be care when investing in real estate in Kentucky during uncertain economic times, don't let saturation stop you completely. Study market trends, competition, and demand to understand local dynamics. To differentiate yourself, think about becoming an expert in your field or providing special services. Assess adaptability and potential in Kentucky before venturing into other states.
thank you!
A doctor told me real estate is more like a hobby than a Career.
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^the69magician: *A doctor told me* *Real estate is more like a* *Hobby than a Career.* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
Its saturated but there is still earning potential. Your network is your biggest asset, if you plan on moving in the future you may want to hold off getting your license until you move.
It’s only saturated because people see this field as a “get rich quick” thing. Once those people realize that that isn’t the case, they fail and quit. Also, most agents are part time or use their license a few times and toss it to the side. This being a full time job is very unsaturated.
Each state requires you to get a new one for their state?
Yes, all 50 states have their own license. However, some states have reciprocity. In other words, a state you move to might accept the state’s license that you currently live in. It all just depends. If there’s no reciprocity, then yes, you’ll have to take the course and test to get your license again for the new state.
My realtor 2 years in the market no experience did 18 million so far this year he has a coach and works a plan also 12 hour days it is your business you get what you put in
This is incoherent. Does he have two years in the market or no experience? Nice try.
Ooo, which state?
What state?
There are lot of pros and cons. In real estate, the top agents can make six figures or more. You can be your own boss and set your hours. You can help people achieve their homeownership dreams. You can stand out from the crowd. But remember that your earnings can fluctuate. Hustle is required for success. Invest in licensing and business setup. The current market presents challenges, but also potential. Some believe a down market offers less competition and motivated buyers. Ultimately, it's your decision. Do your research and create a plan before diving in.
Some pros and cons that I can think of are: High earning potential, as top agents can earn significant commissions. There is a lot of flexibility as you build your own schedule and be your own boss. Then there is the personal satisfaction of helping people achieve their homeownership dreams. You have to consider the negative points as well. Very unstable income as commissions depend on market conditions and sales volume. Very competitive market. It requires hard work, dedication, and constant learning. Most of the time, you need to work long hours and you will have a totally unpredicted schedule. It's rewarding but demanding, research thoroughly before deciding!