Did you know when you become a real estate licensee you’re essentially starting a business, just like any other start up business. There are expenses that you’ll incur, and rewards along the way both tangible & intangible. The tangible would be in the form of commission, intangible would be a multitude of things one being the feeling you get when you help a happy client move on with their lives.
Unlike most startups where the initial expense can be very high, getting into real estate can be around $3,000. Unlike most startups where there’s usually a cap to how much you can make (for example a restaurant’s income is capped at how many seats the restaurant has), the income cap in real estate is based on your imagination; quite literally. A recent student who has had her license for only two months just closed escrow on a $22 million home in Bel Air, CA. The newly licensed salesperson gross (her cut of the commission) $200,000! And that’s on her first deal!
If you’re thinking about getting a real estate license give us a call. If you’re newly licensed, or a seasoned agent and you need help with career direction give us a call. Our business is to help you succeed in your business.