Many young professionals working in other fields often think about making a career switch and joining the real estate business. An opportunity in real estate is always considered to be lucrative and also to offer a lot of flexibility in terms of work schedule.
In this year, when many businesses are still coming to terms with the effect of the pandemic, the housing business is one of those professions which managed to have grown and was a rewarding professional path. This has also led to a surge among professionals wanting to change their profession to consider the real estate industry as a positive choice for a new vocation.
We are going to take you through this important matter and give your our professional opinion and help you choose the right career change.
. The ability to work for yourself in the industry is a big part of what you want to The pros and cons of real estate jobs include the flexibility to set your own hours. This is true whether you decide to become a real estate agent or a mortgage loan officer. The ability to work for yourself in the industry is a big part of what you want to be doing Learn from successful agents, because they will share their experiences and advice on the career path to real estate success. The opportunities are based on experience as a result of the work experience, as well as the flexibility of working on your own. This path is just over $5,000 per year but there are many ways you can earn as much as $10,000 a year.
A wide variety of skills in other professions can be easily applied to the housing industry. The flexibility for an agent makes the career an attractive option for workers who want to change their current schedule or routine. The simplicity of real estate attracts professionals tired of living complicated work lives. Growing your own company can be a stress relief, or be more stressful depending on the size of your business. Meeting interesting people on the day-to-day work keeps you moving, which keeps your surroundings more interesting and less mundane.
People always have an opinion regarding the profession of a housing expert, but our advice would be to get a clear understanding of where you are currently standing in terms of profession and what course of action would help you switch to a new path in the real estate field.
The foremost aspect of a real estate career as an agent is that your success in this business sector is entirely tied to the hard work you put into it. So in the initial days, you must be willing to learn a lot, put in the required effort, and develop your understanding of the market.
We at Dorrmat would say that you could start on your basic education, that is start reading up about real estate news and try to understand the pros and cons of this industry while you are still in your current profession. This will give you ample time to decide if a switch to real estate is the right choice for you.
Real estate education and licensing is a short process; much faster than any traditional degree. To become an agent, you are required to take the state licensing exam. The time it takes to become licensed depends on your state requirements. There are so many possibilities to experience something different in the real estate business. After all, isn’t that what you are looking for? Get a pre-licensing course to help prepare you for the exam, then become licensed to be a realtor® in the state of your choice.
In real estate, you are your own boss and can arrange your day so that you’re able to attend your child’s sporting event or be home for the after-school rush. FlexJobs CEO: There have been ‘tremendous shifts in when, where, and how people are working,” in the last five years. Real estate is one of those prized careers that has flexibility built into it. Find out what you need to know in our free Real Estate Career Switch Kit.
People work for homes in their free time on nights and weekends. Many buyers and sellers expect their agents to be available for showings, open houses on the weekends. As long as you’re upfront with your relationships about your availability, it’s not a problem. Get more information about working weekends in this video series on how you can balance weekends with your personal life. Watch the whole video series here: "We need to talk to our successful real estate agents about their weekends".
Before taking a life-altering career shift it is necessary to be aware of the requirements, challenges, and benefits of the new course that you are opting for. These are some basic aspects you should aware of about the real estate profession.
Before you hand in your two weeks notice period, we would suggest putting aside some money. These savings can help fund your learning and documentation expenses to acquire a real estate license. These funds would also help you tide over the initial months between becoming an agent and start earning an income through commissions.
A career shift should always be done after considering the financial costs and changes in the income level in the initial period. A job as a real estate professional comes with its own set of challenges but also provides a host of benefits, so having the necessary financial resources would help you to complete your training and build your network so that you can start earning a good income without worries about your finances.
In order to become a licensed agent, you would have to follow the state-mandated rules for the same. It mainly consists of gaining a real estate education by enrolling in courses, which will help you prepare for the licensing test.
After successfully clearing your exam, you must complete the necessary documentation to get your license and then apply to work under a broker. This is necessary on-the-job training that all real estate agents have to undergo.
You get to learn from the realtor you work with, understand the process of selling, develop an understanding of property-related market scenarios, meet new people, and expand your professional network. This would enhance your skill as a real estate expert.
One of the primary attractions towards a career in the field of real estate is the flexible schedule of an agent. People tend to have this misconception that it would be enough to work part-time and they would have a lot of free time.
The reality is a little different from this. Yes, it is indeed true that as an agent you do have control over your hours and you are to a certain extent your own boss. However, this also means that you have to account for your own success. So, when you have newly made the change to real estate you must be prepared to even work on your weekends if required.
Now we are very optimistic and believe that most young professionals reading this article would be interested in making starting a career in the real estate industry, So for them, we are provided a couple of crucial components for growth in this business,
If you have decided to switch to a career path and move to real estate then one of the first things we would suggest is for you to register on an online real estate platform. Real estate platforms, such as Dorrmat, provides you the much-needed pipeline of quality real estate leads.
Apart from the leads, Dorrmat would also provide you with an array of features, such as a Customer Relationship Management (CRM) tool, a professional agent profile page, and many more. All these features would help you get started on your new career as a real estate agent
Once you have established your real estate career you need to think about how you will gain business success. You can definitely get started by offering your real estate expert services to your family and friends.
However, in order to attract more clients and increase the opportunity to buy and sell houses, you must strive to create your unique sales identity as an agent. This will enhance your client pool and in turn, increase your commission. So always plan out what is going to be your area of expertise so when clients search for realtors, you should be their first call.
A career change is a major decision but we would definitely say that if you have the necessary skills and the zeal to work hard then the potential to become a successful agent is immense. You can expand your skills, obtain more qualifications, and even become a broker with your own brokerage and a team of real estate agents.
So, if you are pondering about a change in your professional life, then becoming a licensed real estate agent could give you career benefits and help you achieve your potential for success.