Updated about 10 years ago on . Most recent reply
I finally got my license and start my new job Friday!
As the title already states, I finally got my license and got hired and start on Friday :)
My broker tells me to not EXPECT to get paid my first year and the average newbie closes about 1 deal their first year, is this true? My commission split is 75 for me and 25 for my mentor for my first 5 deals (after the broker split) is that normal also? And what should I be expecting to do when I first start, I'm super nervous!
Also he already told me about how much to expect to pay in fees and everything, but what about marketing?? What should I expect to pay for that my first year? Also what are some obvious marketing techniques that work for you to help get clients. I have to bring in my own clients and I have no idea how to do that other than some of the "basics" like word of mouth and online/newspaper ads. Any tips or advice would help thanks so much!
Most Popular Reply
Congratulations on getting your license!
I recommend reading the following:
- How much money do you need to save before becoming a real estate agent? (http://investfourmore.com/2014/06/how-much-money-do-you-need-to-save-before-becoming-a-real-estate-agent/ )
- "21 Things I Wish My Broker Had Told Me" by Frank Cook (Dearborn Real Estate Education 2007).
These will all give you different perspectives on what you need to know to be successful.
Good luck!