Should You Become a Real Estate Agent?

Lots of people entertain the idea of becoming a real estate agent. The thought of driving fancy cars and having large supplies of extra cash is very alluring. Real estate can be a very lucrative business, but it also takes a lot of hard work and patience. Here are some standard ideals that are necessary when selling real estate.

You must be a problem solver.

Most transactions are never 100% smooth. Whether there are lender issues, appraisal issues, or personality conflicts, the perfect transaction is a rarety. Many times you must put on your thinking cap, roll up your sleeves and come up with a workable solution to the many problems that may arise.

You need to have a positive attitude.

People can be demanding, impatient and emotional during the sale of their home. They are sometimes fairly stressed out due to external factors that might have nothing to do with you. You must always maintain a positive attitude in order to present the lighter side of things to your clients, and to also appeal to potential buyers or sellers.

You must be good with money.

Realtors usually need to have a few months worth of savings in the bank. Due to the inconsistent timing of paychecks it is difficult to budget without having a padded savings account to buffer those times when a loan has been delayed, or a home doesn’t sell in a timely manner.

You need to be ambitious.

If you are not the type of person who is a self starter, then real estate isn’t for you. There are no required hours to appear at the office, no hourly pay and typically no benefits. No one will be calling to find out where you are if you don’t come in at all for a week or two. They might just assume that you are busy making sales. So you will need to be your own boss, and this means having self discipline and self motivation.

You need to be likable.

In order to have lasting relationships with clients who are undergoing many times the largest transaction in their lifetime, you must be likable. There’s a lot of stiff competition out there, and sometimes your personality is all that seperates you from the other agent. Also, repeat customers don’t come back for their next home if they didn’t like working with you the first time.