Well, if you are looking to make a quick buck or think it might be an easy way to get rich fast, you should think about a different career. Take a moment and chat with several serious real estate brokers and they will tell you the same thing. Building a career in Real Estate takes a lot of hard work and dedication.
In many respects, real estate brokers work for themselves (although the license laws require them to work under the supervision of a brokerage firm). This means that brokers are expected to find their own listings and prospective buyers. Brokers must be both self-motivated and highly disciplined and follow a strict business plan.
Brokers must also be flexible, willing to work unusual hours, and able to deal with a wide variety of people and issues. They should be able to tolerate uncertainty and rejection, as there are many ups and downs in the real estate business. Because brokers must manage their own business (within the framework of their affiliation with the real estate firm), they should be knowledgeable about budgeting, financial planning, marketing, record keeping, and tax issues. And, because technology has become so essential to the real estate industry, a broker should be willing to adopt updated computer and software solutions that create efficiency in daily business practices.
Do you have confidence you can handle these challenges? If so, real estate could be a rewarding career for you.