What kind of car should i get as a new agent?

What kind of car should i get as a new agent?

Snellvile , GA · Member since 2015 · 25 posts · 2 votes

I will be a young real estate agent in Atlanta market, and i will defiently need a car , but what kind of car is typical for realtors in Atlanta or realtors in your state and city ?? Also whats the best option for a person that has very little money, sohe cant buy a new car , and bad credit ??

0Reply
23 views

Most Popular Reply

Investor · Suwanee, GA · Member since 2014 · 38 posts · 15 votes
11y

first you need a car that is dependable and safe. You never want to break down with your client in the car. Also your brokerage will require you to carry a minimum amount of coverage and carry them on your insurance,  most insurers will not charge extra. Most of the time, in my humbl3 opinion, you will travel with two or three people with you I.e. husband and wife sometimes a child. Bottom line is don't go broke buying a car. Invest in yourself. Get something safe and reasonably priced. The clients just want to feel safe while going through the stressful transaction of buying a home.

See this reply in the discussion

8 Replies

Jump to latestLatest
  • Investor · Suwanee, GA · Member since 2014 · 38 posts · 15 votes
    11y

    first you need a car that is dependable and safe. You never want to break down with your client in the car. Also your brokerage will require you to carry a minimum amount of coverage and carry them on your insurance,  most insurers will not charge extra. Most of the time, in my humbl3 opinion, you will travel with two or three people with you I.e. husband and wife sometimes a child. Bottom line is don't go broke buying a car. Invest in yourself. Get something safe and reasonably priced. The clients just want to feel safe while going through the stressful transaction of buying a home.

  • Joel OwensBusiness Member
    Moderator
    Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
    11y

    Best thing to do is analyze the decisions that led to the bad credit.

    Doesn't matter if you make 50k,100k,500k,1 million a year. If you do not save and invest wisely then people go broke and have tons of debt.

    New construction for new home subdivisions is back up. You sell houses with just a few floor plans and put limited miles on your car. You just sit the subdivision. If you do not have much reserves to survive on then you generally do not want to focus on traditional residential sales driving buyers all over creation and expending your resources. Do not go out and use being an agent as a reason to justify a new flashy car with a high interest rate with bad credit and a huge monthly payment.  

  • Rental Property Investor · philadelphia, PA · Member since 2011 · 143 posts · 20 votes
    11y

    work with sellers. And you'll only have to worry about showing up to the property. lol. Usually the car doesn't make the man. But you'll be doing a lot of running around, so get something dependable. A lot of ppl don't even stick with this real estate thing when they find out how much work you actually have to do.

  • Real Estate Investor · Harvey, LA · Member since 2015 · 119 posts · 80 votes
    11y

    buy a used Lexus. It's not that expensive, and it looks good enough. No one gets turned off by a Lexus. German cars carry haters. Same with American cars. Toyotas and Hondas don't get the same respect.

    you can buy a used is300 in good shape for $25k, very affordable.

  • Real Estate Investor · Harvey, LA · Member since 2015 · 119 posts · 80 votes
    11y

    ^ under $15k.

  • Joel OwensBusiness Member
    Moderator
    Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
    11y

    I have a 2014 Toyota Camry SE. Could get a very, very expensive care to drive around. This one works great.

    Never had a problem meeting people for lunch discussing multi-million dollar commercial deals.

    In fact developers and buyers like the idea I am conservative. Many are savers themselves.

    In residential maybe a flashy expensive car resonates with home sellers that you are successful. It screams to me high payment and heavily declining asset. 

    I mentioned the sitting the subdivision for him because you have almost no costs. The buyers come in from the builders marketing. If you know your product and have a great personality with follow up you can possibly make a few hundred K a year doing it or more. 

  • Residential Real Estate Agent · Atlanta, GA · Member since 2009 · 381 posts · 134 votes
    11y

    I would look into a nice Hybrid (used) Toyota or maybe a Ford. Metro Atlanta is a huge market and you could easily put triple the amount of miles on your vehicle than the average commuter.

  • Real Estate Broker · Indianapolis, IN · Member since 2014 · 3k+ posts · 2k+ votes
    11y

    Hyundai has come a long way. If you are looking for something dependable. I think you should listen to his advice personally. 

    @Joel Owens 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.