28 year old ex-Ironworker here. I had to leave my job as an structural ironworker due to health problems. At 26 years old I had torn both my rotator cuffs, started getting nerve damage in my hips and my doctor told me that if I don't walk away I will need back surgery... So I ended up leaving that job and went into sales. Specifically, I started my own internet stores. It's not too bad but I need to be around people. Being all alone every day kinda sucks!
I've already flipped a couple of houses in my life and dealing with Real Estate Agents and looking into how they work and all, it looks like an attractive career to me.
Is there any good advice from someone already doing the work could give me? What kind of money to expect? I know that agents usually charge 6% from a sale, then split it 50/50 between selling and buying agents. Wow much of that do I usually get to keep? What kind of training do I need? I keep seeing ads for real estate companies looking to hire brand new people with no license or experience and train them - should I be staying away from those or is that something to consider?
Thanks in advance!!
Hey Matty. I'm an iron worker myself in Kissimmee FL. I'm just trying to start out I've been getting really interested in real estate for about a year now. I'm working on getting my real estate license right now. So that's what I'd recommend. It deffently opens your eyes to the rules of the trade. And what you can and cannot do. If you want to talk more hit me up. I'm not a pro. But I'm working on it.
Thanks for all the advice! I will start looking into getting a license and just go from there!
@Matty Bojanowski I really enjoy my career as a Realtor - and wish I had done it right out of high school. I could have saved the hassle of putting myself through night school - twice.
It does take a bit to get going. I'm a little over 4 years in and am just now starting to get repeat business.
It's a lot of work starting up and there are no end to companies who will attempt to sell you the newest shiny leadgen object. I've arrived at the point where I just don't believe the sales pitches unless I talk with another agent who is seeing actual results.
Sign on with a brokerage that has all the tech tools you need. CRM, website, apps, etc. In the beginning, it's not all about the splits. It's more about learning the skills you need to help your clients. It's especially good to have one that provides leads too.
Just be prepared for the time it takes for your first paycheck. Last I saw, the industry average was 90 days. And then be prepared for zero income for protracted periods and then *boom!* a big commission check. It requires a different way of managing your finances.
Good luck and PM me if I can help!