I have just recently passed my real estate exam and I am very excited to start my new career. I have enough savings to last me >6months and I will continue to work my current job part time as I transition into a career real estate agent. I understand presentation is very important for this career I am a neat well dressed guy and I am good at communication one thing I would like some input on is does my vehicle really matter? I currently drove a very old beat up work truck I like this truck but I do not want to scare off potential customers who may see it as unprofessional do I need to upgrade to a newer cleaner vehicle to make a good impression for my clients?
Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
3y
Clean it up reasonably well and keep driving it. Get a $1000 Maaco paint job and some junkyard fenders if necessary. Do not buy a new vehicle to impress anyone. Spend a couple of bucks to make what you have appear reasonable and put your money elsewhere.
Yes, don't show up looking like a bum. You don't have to be GQ but look like someone reasonable to trust with money and assets. But do it cheaply. Not buying a new or another car when yours is fine mechanically.
Post a picture of your truck, both sides and inside.
I have just recently passed my real estate exam and I am very excited to start my new career. I have enough savings to last me >6months and I will continue to work my current job part time as I transition into a career real estate agent. I understand presentation is very important for this career I am a neat well dressed guy and I am good at communication one thing I would like some input on is does my vehicle really matter? I currently drove a very old beat up work truck I like this truck but I do not want to scare off potential customers who may see it as unprofessional do I need to upgrade to a newer cleaner vehicle to make a good impression for my clients?
I dont think there is a right answer here.
As long as my realtor have my interest, understands my goals, being investor friendly and have knowledge, I dont care if she/he walks, bikes or drive an old vehicle.
Someone else will tell you that they care about that. However, a lot of people will agree with me that a lot of agents are driving nice cars, but barely affording the gas for the car.
Get knowledgeable, learn to communicate and you will do amazing. Good luck in the future!
Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
3y
Clean it up reasonably well and keep driving it. Get a $1000 Maaco paint job and some junkyard fenders if necessary. Do not buy a new vehicle to impress anyone. Spend a couple of bucks to make what you have appear reasonable and put your money elsewhere.
Yes, don't show up looking like a bum. You don't have to be GQ but look like someone reasonable to trust with money and assets. But do it cheaply. Not buying a new or another car when yours is fine mechanically.
Post a picture of your truck, both sides and inside.
Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
3y
I also hate to see anyone go into debt unnecessarily, but there is a saying 'you gotta spend money to make money'. I have opened a dozen businesses in my life and never did it come without cost, sometimes a great cost. A new vehicle with a payment of $400 mo is not all that bad really. IF.....if you are dead serious and will do everything it takes to make it.
So the question might be: Do you believe in yourself?
Depending on the condition of the truck, it could certainly make a difference. Keep in mind you may do a lot of driving as an agent(especially in a rural area)and if your truck gets 15 mpg versus a 35 mpg car, you might find that the gas saving alone more than make the monthly payments.
Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
3y
Does not matter. What matters is YOU, how do you conduct yourself and how much value are you adding to your clients. You don't have to put on a fake persona to impress clients
Real Estate Agent · Spokane, WA · Member since 2022 · 28 posts · 22 votes
3y
Good job on getting your license!
Presentation does matter but not to the point where you should get a new car. Frankly if you have 6 months of reserves you don’t have the means necessary.
I would just bust my butt if I were you and think about that down the road when it’s even an option. Clean up the truck and park the good side where the client will see it!
Rental Property Investor · Concord, GA · Member since 2015 · 3k+ posts · 3k+ votes
3y
It used to be that realtors drove clients around in their vehicles. That's not really a thing anymore in our market so I don't think it makes a lot of difference what vehicle you drive. It would make no difference to me at all but some may be influenced. I wouldn't worry about it.
Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes
3y
Hey @Max Alford - like most comments here, it depends on the situation. If you're a young agent, most clients will likely not care. But if you're pulling up with a work truck to the listing appointment of a mansion... impressions matter.
Don't sweat these things early on, I've rarely had anyone look at my car let alone know where I've parked when I've shown up for appointments. Does it matter sometimes? Sure, does it matter all the time? No.
Investor · Member since 2021 · 591 posts · 695 votes
3y
@Max Alford I think this is a really interesting question (and more complex than it might seem at first glance).
A car can say a lot about a person (both good and bad), and there are a whole variety of car cultures that all have different traits.
Weirdly, a car that's perfect for one realtor might be bad for another realtor, because a single car elicits different reactions in different contexts.
For instance, if you show up in a Ferrari to show me (an investor) a standard $300k 1500 sq ft 3/2 in a C-class area, I'll think your car is totally out of place, and it will throw up tons of red flags. A Ferrari just doesn't fit that context.
On the other hand, if you show up in a Ferrari to show me a $50 mil estate in LA, I probably wouldn't blink an eye (and showing up in anything less could be a turnoff--you can't sell a $50 mil estate while driving a 10 year old Camry!)
So, the vehicle has to suit the property, and the client--because context matters.
What type of properties are you dealing with, and what types of clients do you have? If your clients are workers who all drive beat up old work trucks, then your old truck could be an advantage! (it might help establish trust with your clients, and put them at ease--the trucks are a form of common ground). But, if your clients are all driving shiny new cars, and they're trying to buy property where all the neighbors drive shiny new cars, then an old work truck might be a disadvantage (e.g.; it could make some clients uneasy, or some clients might view it as a sign that you don't have things together).
Personally, I like my agent to be driving a vehicle and showing signs of wealth and success that are just one step above my own vehicles, and my own level of wealth. This shows me that my agent and I share common ground, and that my agent is also pretty darn good at their job!
I have just recently passed my real estate exam and I am very excited to start my new career. I have enough savings to last me >6months and I will continue to work my current job part time as I transition into a career real estate agent. I understand presentation is very important for this career I am a neat well dressed guy and I am good at communication one thing I would like some input on is does my vehicle really matter? I currently drove a very old beat up work truck I like this truck but I do not want to scare off potential customers who may see it as unprofessional do I need to upgrade to a newer cleaner vehicle to make a good impression for my clients?
Keep your truck. When you need a nice car, rent one for the day.
Accountant · Miami, FL · Member since 2020 · 89 posts · 57 votes
3y
@Max Alford
If you’re making enough money to afford a new car, and you really want it, then go for it. If you can’t afford it, then don’t purchase a new car. It’s not worth the financial trouble.
" My car is in the shop , I borrowed this from a friend "
😂 Better be a fast thinker if you're gonna use this one:
"My car is in the shop, I borrowed this from a friend" "What kind of car do you have?" "A Toyota Camry" "Me too! What year?" "2017 (old enough to look pragmatic, new enough to not be a junker, right?)" "Hey, me too! Which engine did you get?" "Uhhh..."
Real Estate Broker · Ontario CA · Member since 2015 · 161 posts · 71 votes
3y
As long as it is clean and not banged up with dents and missing bumpers, you will be fine. Also, it depends on your price point. Luxury market will be tough, move-up and first-time market will be ok. the reverse is true too, you would not do well showing up at a first-time buyer type of home in a Bentley.
Real Estate Agent · Chicago, IL · Member since 2017 · 2k+ posts · 2k+ votes
3y
My daily driver I do showings in all the time. My car has full exhaust/headers its pretty loud and tuned over 500hp now. Doesn't really matter. Clients use you if you are good at runing investment analysis. I pick out good 2-4 units, do the work manually sending out deals and have sold over 40 million of them now.
The only time I see a car being an issue is if it covered in rust or is a major eye sore, etc. Otherwise does not really matter.
My daily driver I do showings in all the time. My car has full exhaust/headers its pretty loud and tuned over 500hp now. Doesn't really matter. Clients use you if you are good at runing investment analysis. I pick out good 2-4 units, do the work manually sending out deals and have sold over 40 million of them now.
The only time I see a car being an issue is if it covered in rust or is a major eye sore, etc. Otherwise does not really matter.
your license plate is crooked that would be a big turn off :) in my almost 50 years of selling real estate as a broker and investor.. it really depends on who your dealing with.. Average investor looking for rentals does not matter they could give a rip.. high end clients looking for high end residental home to live in your going to want to have a very presentable car and dress.. I sold land the first 10 years of my career so in those days a toyota 4 runner did the job and boots jeans etc so we could walk said land.. then when I did timber mainly it was F 150 with a quad in the back so we could run the timber sales. you know right tools for the job. My wife sells 10 to 20 million a year in resi and she always drives a newer benz or now a Tesla but not the real big ones she likes the smaller sedans.. she never ever drives clients in her car has not done that in over a decade.. but she dress's nicely always.