All Forum Posts by: Anthony Dixon

@Anthony Dixon I have already spent about ~$3,000 and I've been licensed for just about 6 month now.  My initial outlay was $2,000 and since then have spent about another $1,000.  

@Anthony Dixon I think it all depends... Are you going to work a part time job and be a full time agent or are you just going to jump all in and become a full time agent?   

If you're going to jump all in and go the full time agent route, I would recommend at least 1 full year of expenses (ie rent, ulitities, car payments, car insurances, RE Agent costs, etc) but I personally would save even more than 12 months. From what I read, it takes most agents about 6 months until you get your first commission check. Obviously, if you hustle you can collect a check prior to 6 months but you shouldn't guarantee anything. Also, remember that there are other costs associated with maintaining a license (ie business cards, marketing costs, signage, MLS fees, monthly desk fees, etc.)

I think many agents start part time because they just cannot afford to jump all in.  That's what I plan on doing but I'm very conservative when it comes to my finances.   

@Jackie Badiali  I work for Keller Williams and I love it.  They have a reputable name, they are very innovative with the technology that is available to you, they have low monthly fees ($65/month in my office at least) and they offer a lot of training (online and in-person.)  

As I said in an earlier post, once you're done with your pre-licensing class there still is so much to learn so the fact that KW offers training at no additional cost is amazing. 

I don't have a monthly or yearly sales goal.  At KW, they treat it as its your own business and only you can determine how much (or how little) business you want to do.  They provide you with everything you need to succeed but at the end of the day its completely up to you. 

Probably the second and get deals for investors so you can learn how they look at a deal as well. Not a bad way to start at all!!