Things That You Should Expect When You Earn Your Real Estate License
Regardless of what career experience you have, you might like the idea of switching industries to join the fast-paced world of real estate. Working as a real estate agent will give you a career path unlike any other — and one that is both profitable and rewarding if you take the right approach. It's important to realize that you're entering a different world, as doing will help you to avoid comparing this new position to any jobs that you've held in the past. Here are some things that you should expect once you begin working as an agent.
Your Earnings Will Fluctuate
One of the biggest differences between real estate and other professions is that you'll no longer be earning a steady paycheck. Rather, you'll get paid when you complete deals, either as an agent representing a buyer or representing a seller. When a deal goes through, you'll receive a commission check — and there's a good chance it will be one of the biggest checks you've ever held in your hands, if not the biggest. You'll need to learn how to budget, as it could be weeks before you get another check following the completion of a deal.
Your Hours Will Be Unpredictable
One of the fun challenges of working in real estate is that you can rarely predict how your day will go. A day that begins with paperwork in the office could quickly lead to a visit to a house to watch a home inspection, followed by an evening session with your clients to go over an offer. Many real estate agents love the unpredictable and varying nature of the job, as it means there's truly never a dull moment during your workweek. It's important to accept this way of life before you start to work as an agent, as doing so will help you to excel and stand above your peers.
The Client Has The Final Say
If you've previously worked in a management role, you might be accustomed to telling people what to do. Things will change a little when you start to work as a real estate agent. Although you're still an authority, you're assisting your clients in an advisory role. While you can give guidance and even say what you'd do in a given situation, you need to remember that your client always has the final say. Sometimes, you might not agree with a client — but honoring his or her decision will make you valuable as an agent.