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RET BLOG

NEW YEAR, NEW YOU!

1/10/2022

2 Comments

 
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. 

- Lance
2 Comments
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  • Home
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    • Get Your License
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  • BROKER
    • Get Your License
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    • MLO Crash Course
  • APPRAISER
    • Live AQB Residential Exam Prep Class
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    • Work With Investors Increase Your Income
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