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How To

How to Start a Career in Real Estate

Contributor
By eHow Contributing Writer
(10 Ratings)

More and more people are choosing to make their career in real estate. There are many factors to consider in having a profitable career.

From Quick Guide: Real Estate Jobs
Difficulty: Moderate
Instructions
  1. Step 1

    Research the education requirements in your state for real estate agents. Most states ask that prospective agents complete a certain number of real estate courses from an accredited institution before applying for a license.

  2. Step 2

    Study for and pass the real estate licensing exam in the state where you want to start your career. The school where you completed your coursework may even offer review sessions to prepare for the test.

  3. Step 3

    Track your monthly costs closely. New agents soon realize that they are responsible for recurring expenditures such as gas, postage and cell phone bills. You also need to arrange your own health care plan and tax deductions.

  4. Step 4

    Contact friends and relatives to let them know about the services you offer. The first few deals you close will most likely result from their word of mouth. If these clients end up satisfied, expect your referrals to grow.

  5. Step 5

    Network with various community organizations in your city to show that you are well informed about the businesses and residents who live there. Your clients appreciate your knowledge and will be more inclined to trust your expertise when it comes time to close a deal.

  6. Step 6

    Host client parties to show your appreciation and to keep your name fresh in their minds. Speak with vendors and contractors in your area who would be willing to offer them a small discount on home or garden services in return for free advertising on your listing flyers. Your clients will be pleased with the gesture.

  7. Step 7

    Manage your time wisely. As your business continues to grow, set aside a specific time of day to answer your messages, and be prepared to turn down potential clients if you can't accommodate them properly due to your workload. The decision to set clear boundaries between your work and your personal life should be respected.

  8. Step 8

    Attend additional classes on real estate law throughout the course of your career. Successful agents are always learning more about the business in order to better serve their clients.

Tips & Warnings
  • Most real estate agents must work odd hours in order to assist their clients. You may be better off working as a loan officer or an appraiser instead.
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