Why do people get started in Real Estate?
Real estate agents come from all different backgrounds and ages. The average age of new real estate agents is near 50. Often, older people choose real estate as a way to ease into retirement or to supplement their retirement income. Younger people tend to get started in real estate they are following in their family’s footsteps or they are intent on building a career in a field they love, as well as one that pays well.
Unlimited earnings potential
We have real estate sales people throughout the country making millions of dollars. We have property managers making $150000/year (I’ve even seen a head of a property management department on $300000/year). Real Estate is definitely the industry to be in right now.
One of the benefits of a career in real estate is the unlimited earnings potential. Unlike salaried or wage- paying jobs, real estate allows you to get back in income what you put into it in effort and energy. Some agents are
A passion for real estate
A top reason people explore real estate is because they are fascinated by it. They get a thrill from touring properties and imagining how to transform spaces and build lives within them. They can readily imagine how to increase property values through a few well- chosen upgrades. The idea of doing that for a living is exciting because it taps into the dream most of us have, which is to earn a living doing what we naturally love. And, for many, they imagine how gratifying it will be to help others make smart real estate decisions.
Diverse career paths
The more experience you get under your belt, the more you’re likely to earn. Additionally, you can parlay your experience in any number of directions, such as property management, real estate investing, corporate real estate departments, or a shift from residential to commercial property sales. By paying close attention to alternate career paths and accumulating the skills you need, you open up more opportunities for advancement.
Greater independence
Maybe you’re a new parent and you want the flexibility to work from home, be your own boss, and develop a work schedule that is tailored to family life. Real estate can do that. Perhaps you’re nearing retirement age and want to supplement your income while enjoying the camaraderie that comes from working with other real estate professionals. Real estate can do that too.
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