All Forum Posts by: Paul Aqua

I am interested in joining as well

@Ian R. I understand it is good advice and I also understand a large amount of agents leave the business due not finding success. While I am most likely not going to join a real estate team I have found a real estate mentor who has been coaching me and helping me network and learn how to grow leads on my own. I am not going to just be a listing agent, ultimately money is money regardless if it is as a listing agent or buyer agent :). I also understand you guys have experience. I appreciate all the advice but I merely just wanted to know what people did for money while they waited for their real estate business was building. I have also built up a network of more experienced agents that have offered to let me assist on several of their deals. Aside from that I have already have begun getting interest from the various leads I have gathered. So I am not starting off with nothing. I understand what russell was trying to say but he strayed away from what the topic of this forum was.

 I appreciate the kind words. I have heard stories of people starting off strong ( listing 4 or 5 homes in their first two months) and for whatever reason They are unable to to continue that success down the road. While here in my market selling 4-5 homes still gets you by ( depends on what you split is but anywhere from 27,000-45,000 a year before taxes and expenses) I obviously want to do substantially more than that 

 I see that Cleveland has been a gold mine when it comes to multifamily properties, I see a decent amount of deals in ohio ( atleast compared to california lol) I  am glad everything ended up working out good for you :). How did you get guranteed pay being a real estate agent?

 Interesting, I don't know much about the gun business but I do find it interesting. I actually am going to use most of my commission check towards getting a duplex I can rent out ( Out of California of course). Though maybe I will get into an actual store front business sooner than later.

While I am not opposed to reaching out to family and friends, I do have large plans for real estate and have already starting allocating funds for advertisment and other things. I would definitely hope I make more 30K  ( thats roughly 3 homes off a 80/20 split). With homes in some areas selling as fast as every 8 days I am hoping to sell a home every 45 days.

 Thanks Ola, I have been to several seminars that have empathized on how important it is to build your own brand rather than attempt to let your brokerages name carry you to success ( it doesn't work that way). I appreciate your kind words!  

@Russell Brazil Thanks for the advice. I am extremely confident in my ability. Who knows maybe I fail miserably maybe I kill it and sell 30 homes a year  but I know I will never know unless try. I never said I was depending solely on my broker for leads all I said was I opted out of joining a team in favor for higher commission as well as getting leads supplied on top of that I will also be paying substantially less in fees. Being apart of a team is great for alot of people at this point I don't think it will be a great fit for me at this time but the great thing is I can always join a team later on down the road. Like I said I am looking at being a listing agent for the most part not a buyer agent. Since you don't know me I will let the comments slide but I KNOW WHAT I AM CAPABLE OF.

@Russell Brazil I am fairly confident in my ability to pitch and close a sale. It does help the area I am interested in working in ( Eastern Sacramento-Folsom California) is white hot. I do understand it won't be easy and I won't be selling 10 homes a month, but I've already started gathering clientele so I am not to concerned about my first paycheck I merely wanted to know what others did while they started establishing themselves.  While I did interview with several teams I decided it was best to pass on it, I decided to go for a brokerage that could supply leads and my commission split will be 80/20.  At the same time in my area the average home is selling for roughly 385,000 so I am not to concerned even if it took me 2 months to get my  check as that is a little over 9,000 dollars per home. 

Nice I like the responses, My game plan as of now is to get my insurance license as well and I would basically sell insurance in between real estate commission checks. Plus the benefit that I can sell insurance to people I get to buy a home.