A Career in Real Estate?

The Three Bridges:

As you proceed down the path of considering a real estate career you will encounter three bridges. Each provides you with the opportunity to consider your next step based on the information you have gained so far.

The First Bridge:

“Is The Real Estate
Business Right for Me?”

Research, talk with friends who are in the real estate industry, talk with Brokers of local real estate firms, read real estate business books.

Only one or two out of ten new agents make it their first year in business. There are many reasons why,  though they typically fall into one of a couple of categories:

1) They did not truly understand what they were getting into.

2) They did not realize they were starting their own business so they opened their doors under capitalized.

3) They chose the wrong company to work for.

Each of these challenges can be overcome with research, understanding, soul searching and financial preparation.

The Second Bridge:

“I Know I Want to Go Into Real Estate, Where Do I Take My Pre-Licensing Class?”

You have several options at this point but first you must learn what your particular state requires for a real estate license.

Washington State (as of July 1, 2010) Requires that you have your high school diploma (or equivalent), 60 clock hours of Real Estate Fundamentals and 30 clock hours of Real Estate Practices, then pass the state exam.

Several formats of the fundamentals course are available, class room taught, audio and on-line. I highly recommend the on-line version and a company by the name of Rockwell Institute does a great job. When you complete the course, (takes most students 4-6 wks.) Rockwell will send a certificate to you that allows you to sit for the state exam.

The Third Bridge:

“Now That I Have My Shiny New Real Estate License, Where Am I Going To Work?”

This is perhaps the most difficult of decisions. In most areas, if you have a real estate license, and you were to go out and interview with five real estate companies, you would probably get five job offers. The challenge here is not whether or not you can get a job with a firm…..rather do YOU want to work with these firms that are so anxious to offer you a job on your first meeting? Be sure you enter this phase prepared with questions.

If you would like me to e-mail a list of top questions to ask during your interview, or if you would like more information about a career in real estate please fill out the form below.

Sign up for Pre-Licensing class through Rockwell…….(at a discounted rate) 

Link to Department of Licensing website

 

List of Recommended Books

13 thoughts on “A Career in Real Estate?

  1. Pingback: Should I consider a career in real estate right now? | My Real Estate Career Blog

  2. Jeff Busz

    I have an Indiana real estate license and I am looking for a company to work for. Please send me your list of questions to ask when interviewing.

    Thanks

    Jeff

  3. Gary B.

    Hi,
    Please send me your list of questions to ask when interviewing. I am strongly considering jumping into real estate. BTW I’m in Lynnwood, WA.

  4. Pat Kelley

    Please send me your list of questions to ask potential Brokers during my interview.

  5. Kenosha Real Estate Career Advisors

    Great info, I am building my company in Kenosha Wisconsin and would like to share some of the info you have here with people considering a real estate career.
    Ralph Nudi
    Weichert, Realtors – Precision
    Kenosha, WI

  6. scott bisset

    Yes, please send me the list of questions I should ask during an interveiw
    I really like your Blog -web site !!!!

    Scott
    Edmonds, Wa.

  7. Sylvia Taylor

    I went for an interview at Weichert Realtors for a position, the interviewer was very positive and wants me to sign up for classes that cost $350.00, is this a standard practice and am I guarenteed a job when I pass the class?
    Thanks for your input!

  8. Frank Wilson Post author

    Hi Sylvia,
    Thank you for the questions:
    1) $350 is what it costs in my area for a pre-licensing class, we use Rockwell institute, but there are many out there. Just be sure they are a reputable company that provides everything you need to meet your state’s requirements and that they have a good success record.
    2) Once you have your license it is typically not hard (read too easy) to get picked up with a brokerage. The question usually is not, what company wants you….but rather which company do YOU want to work with. Having said that this would be a great question to pose to the broker you are interviewing. Be sure to interview several and talk with some of their agents as well.
    Best of luck,
    Frank

  9. property in jodhpur

    I want to say your blog is very good. I always like to read something new about this because I have the similar blog in my Country on this subject so this help´s me a lot. I did a search on the matter and found a good number of blogs but nothing like this.Thanks for sharing so much in your blog.

  10. Sherry

    Please send the questions to ask. I am only at the point where I am considering a career in RE and am doing all the research I can to help make that determination. I would be working in Florida. If you have any special insights around that I would appreciate hearing them.
    Thank you in advance!
    Sherry

  11. Shunda

    Hi Frank,

    Please send me a list of questions to ask when I begin the interviewing process.

    Thank you!

  12. Robert

    What are the top questions I should ask when interviewing? Would you please email to me?

    Thanks so much!

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