Updated over 5 years ago on . Most recent reply
Becoming a Real Estate Agent in College
Hi guys!
My name is Ben Morand. I am currently a sophomore student at the University of Florida. Right now, I am extremely interested in becoming a Real Estate Sales Associate and have been recommended to start part time while I am in college. I have gotten my fingerprints done and applied for my license, and I am about 70% done with the pre-licensing course.
To give a little background, I am currently working on my B.S.B.A in Finance with a minor in Economics. And next year, I am starting a combined Masters degree in International Business, with a specialization in Finance. While I do have a lot on my plate, I am so motivated to get into the world of real estate (ultimately, I also would like to start investing as well in the next year or so). I am heavily attracted to the idea of working independently as a sort of entrepreneur (I am not opposed to working hard or for many hours, it is more so the fact of choosing how I want to live my life and run my business).
I am wondering if anyone has any tips or suggestions about how I should get started and go about doing Real Estate sales part-time in college? I want to build a relatively strong foundation for myself during these last 2 years of college and I am not really sure how to go about that.
Any tips on 'large broker (KW,ReMax, etc.) vs small broker (local broker)', day in the life, how to get the first sale, etc. would be greatly appreciated! I am open to answers in this discussion or via PM. Thanks guys!
Ben
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#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
Ben, the first key IMO is getting the word out to your sphere of influence that you're in RE when you get licensed, and ask them who they know that may be buying or selling in the next 6 months. Doesn't matter where they are, you can still earn a referral fee for connecting out-of-town leads w/ agents in that area.
As far as brokerages, there are many great choices with a wide variety of business models. Sept will be my 4 yr anniversary w/ eXp Realty, and I'll be there for life. Have you read Robert Kiyosaki's Cash Flow Quadrant? Most agents are firmly in the S quadrant, whereas eXp is the only significant (if any) broker that puts you in the B and I quadrants as well.
I have a brief interactive presentation for you if you'd like to learn more about the benefits of eXp's disruptive business model: www.umustsee.net/JKX5XH