What to do after getting real estate license?

Question

Hello everyone!

This is my first forum post so I'd like to introduce myself. My name is Courtney, I'm 21 years old, and I live in Kennesaw, Georgia! I'm still fairly new to BP, well real estate in general for that matter, so please excuse my terminology if I get it confused. I'm currently enrolled in a program to get my real estate sales license. I've been educating myself on real estate investing on my own terms and was persuaded to get my license by a friend's mother who is an active agent. I never realized that the broker companies "interviewed you" and try to encourage you to join their company, which is slightly relieving, but I'd like to find the best broker for me. I'm looking to use my agent skills to become an investor further on down the line, but I'm still in the very beginning stages of learning the subject entirely. I'd like to find a broker that will provide the best training and guidance for me to become the most educated agent/investor I can be instead of one that will just put me at a desk and tell me to get to work on the first day. In other words I would like to find a little bit of hand holding in the beginning. I've heard Keller Williams has nice training programs for beginners, but that's only a single experience I've heard about. I find myself learning more and more about the subject every day, so I'm super open-minded to ALL advice! Does anybody else have any other experiences or suggestions to share? Thanks a bunch!

Neil Pradhanang · Answer

@Courtney Lea Klein hey Courtney, I too am a new agent. It’s important that you try and find a mentor to learn the ropes of the business. Many newer agents are left in the dark after getting their license and that’s why many fail. BE PERSISTENT sand BE PATIENT! I still havnt done any real estate deals after a month in the biz but I know with hustle and the eager to learn everyday that the time will come.

See if there’s any real estate investor meetups around your way too and try to network as much as possible. Hope this helps. Good luck to you!

John Powell · Answer

@Courtney Lea Klein first welcome to BP you will find a wealth of information here. My wife started out as a young agent and went to a brokerage that had no real training. She broke even her first year. When she switched to Keller Williams it took her about 6 months to make her first sales (new market) but the training she took, BOLD, made all the difference. Once she got going her first month that she made commissions she sold a few houses and made over $35k in one month. Work as an agent to earn money to invest. Let people know that you also invest. After time investment deals will fall in your lap just because people know you do Realestate. Be careful, not every “deal” is worth doing and most Agents don’t know how to invest. In the retail Realestate world 5% off is a “deal” as an investor you need to be closer to 30%+ off of market. If you have more questions reach out to me. I’m in Kennesaw and enjoy everything about Realestate.

Courtney Lea Klein · Answer

@John Powell Thank you for your advice! I really am leaning towards Keller Williams and will most likely join them, but I’ll definitely reach out if I have any more questions!