The Pros and Cons of Becoming a Real Estate Agent

Becoming a real estate agent has been a great career move for a lot of different people from all walks of life. You do not need to be salesmen to get the people to buy or sell a home you just need a variety of different skills. The real estate industry is a service based […]

Becoming a real estate agent has been a great career move for a lot of different people from all walks of life. You do not need to be salesmen to get the people to buy or sell a home you just need a variety of different skills. The real estate industry is a service based industry and being able to service your clients with the upmost professional is the number one key to your overall success.

There are a lot of real estate agents in the field today that chose their career because they feel it is a very lucrative field and they have the chance to be their very own boss. Still others join because they enjoy helping people. They have the ability to set their own hours and they can build their business in the way that they see them being the most successful. However you must be aware that becoming a real estate agent will take commitment and a huge investment of effort to guarantee your overall success. There are also a few other pros and cons that you should also be aware of when you are looking at becoming a real estate agent.

PROS

1. Control

o When you become a real estate agent you are in control of your business because you are an independent contractor. This means you will be able to set your own hours and mold your business into what you want it to be.

2. Income

o Your income is not based on a certain salary amount and because of this you have a pretty positive chance of making some great money. However you need to be aware that the amount you will have the ability to make will depend on your skills and your work ethic. The more skills you have and the stronger the work ethic the more money you will make.

3. Outdoors

o You will not always be confined to a desk as you will have the ability to move around. You will be able to spend a lot of your time outdoors as you are showing your clients prospective properties.

4. Future Business

o If you take the time to provide great customer service you will be able to expand your business through referrals and world of mouth.

5. People

o You will have the sense of satisfaction of knowing that you helped someone make one of the biggest financial decisions of their lifetime.

CONS

1. Independent

o Due to the fact that you are an independent contractor you are on your own when it comes to learning the business

2. Income

o There will be times where the money is nonexistent. This is especially true during times when the housing market is particularly slow.

3. Availability

o You must be on call all the time so that you are available when your clients need you.

All of these pros and cons need to be considered carefully before you decide if a real estate career is right for you.