Business & Finance Renting & Real Estate

Is now a good time to become a realtor?

If you are an individual who is looking to get into the Real Estate business, you have probably asked yourself a hundred times, if NOW is a good time to become a licensed Realtor. You initial answer is probably NO, but if you asked any licensed broker, they would probably tell you different.
If you asked any Seasoned Broker, they would tell you that now is in fact the perfect time to become an agent. How is this possible you ask? Upon asking many seasoned brokers if now would be a good time to become a Realtor, the majority of them said that if you can survive and make money in this market, when the market takes a turn for the better, you will reap the benefits of all the hard work you put in during the not so easy market. Keep in mind, if you are considering getting into the market now, you will have to work much harder than you would, since each property can have up to 20 plus offers on it at a given time.
Many of the agents, who have been in the Market since it was at its peak, will probably tell you to reconsider Real Estate and not get involved at this time. This market has taken a toll on these agents, causing a lot of them to give up, finding new careers or lucrative ways of making money. Back in the 1990's, it seemed like properties sold themselves, and agents just got buyers in the door, people would come to them. Now days, the agent has to seek out the client, put in actual work, so to speak. Most of them are not used to this, and just don't put in the effort they should.
Being an agent takes a certain type of person. You have to keep a positive attitude no matter what kind of market it is. I think that becoming a Realtor in this Market; can work for a new agent. Being educated in the on the market conditions, will help you to become a successful agent, if not now than when the Market picks up again. Hard work in this business really pays off, no matter how rocky the real estate market may be. Just like in a good market, you only get what you put into it. So if you are considering becoming an agent, simply because you think it's a lot of money, for little work now is not a good market for you. You have to be willing to put in the hard work in order for it to payoff they way you expect. Even in a good market, the harder you work, the more successful you will be.
The "Market" should never determine how successful you will be in any given market. Don't let the media and all these news reports on the Market scare you. Take all the necessary training classes and speak with your Broker anytime you start to feel frustrated. You always have the support that you need right at your finger tips.
I believe the answer to this heated question is YES. Take a chance and reap the benefits of this lucrative Business that we call Real Estate.


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