Benefits of a Real Estate Career
The Reasons Many Choose to Become Real Estate Agents
It’s really quite easy to recruit new real estate agents. When a broker who loves the business talks with a potential agent candidate, you can feel the excitement building. From being their own boss to growing a lifelong business, there are so many reasons to choose a real estate career.
Be your own boss. Most real estate agents are independent contractors. They set their own work schedules, develop their client base, decide on their marketing methods and grow their business as their own.
Your business growth is all up to you. There are no limits for growth of your real estate business. Couple a good attitude with a superior work ethic and you can realize fantastic rewards. You’ll need to incorporate good business skills and develop effective marketing. It’s all in your hands.
Excellent client service will yield future rewards. In the “2005 National Association of Realtors® Profile of Home Buyers and Sellers”, we see that 66% of home buyers said they would definitely use their real estate agent again or recommend the agent to others. It’s a huge benefit of this business to be able to reap future business from the good will of past customers (clients). So pay as much attention to the nuts and bolts of the job and to customer service as you do to marketing. You’ll see great results later.
Your time is yours, so take that vacation! Develop relationships with other agents in your office. Once you find someone with a similar style and work ethic, you can work with each other to set up off time and know that your clients will be handled the way that you want. You’re in charge of your business and your time off.
Your business can be as large as you like. The real estate business offers huge potential for expansion from your “one person show” beginnings. As an agent, your income is controlled in large part by the time you invest. Grow your business by adding an assistant, or several. Or you can get your broker license and build a brokerage, sponsoring agents to leverage your potential.
Develop a plan to provide the “good life” later. If you decide to develop a brokerage business, it’s possible to structure it for sale at any point in the future. Using good business practices, the value of your brokerage business will grow and be a marketable retirement asset.